Poor Man
Survival
Self
Reliance tools for independent minded people…
ISSN
2161-5543
A Digest of Urban Survival Resources
Poor Man’s Gold – Silver!
The following post by TDV Contributor, Jeff Clark
Jim Rogers once quipped that he waits to invest until “there’s a pile of money just sitting there in a corner and I can walk over and pick it up.”
In other words, an asset that’s deeply undervalued, widely ignored, with potent fundamentals ready to kick in.
Is there such an opportunity in any of the precious metals right now?
One could make a case for all of them, given the likelihood of high inflation and the mainstream largely ignoring the industry.
But there’s one metal in particular that I think will deliver the most fireworks…
Why The Silver Price Could Double Or Even Triple
Silver is selling at less than half its 2011 high, is ignored more than gold, and as you’ll see, has explosive fundamentals that point to a possible runaway price scenario.
To assess silver’s potential, let's first ignore short-term factors that you might see in mainstream headlines, such as net short/long positions, fluctuations in weekly ETF holdings, or the latest open interest. Data like these fluctuate regularly and rarely have long-term bearing on the price.
Let’s instead consider the big-picture forces that could impact silver over the next several years. Here are the data that tell me “there’s a pile of money sitting in the corner…”
#1: Monetary Abuse. The most significant catalyst for silver is the government’s abuse of our monetary system. In a world of endless fiat money printing and unsustainable debt, silver (like gold) represents a wealth protection against systemic risk.
At no time in history has a government printed this much money. And not one currency in the world is anchored to gold or any other tangible standard. This unprecedented setup means that whatever fallout results, it will be historic and affect each of us personally. Silver will be one refuge from that storm—and given its higher volatility, could rise more than gold.
#2: Inflation-Adjusted Price Has a Long Way to Go. One specific indicator of silver’s potential is its inflation-adjusted price. I asked John Williams of ShadowStats to calculate the silver price in May 2014 dollars (current data are not yet available).
Shown below is the silver price adjusted for both the CPI-U, as calculated by the Bureau of Labor Statistics; and for ShadowStats data based on the CPI-U formula from 1980 (the formula has since been adjusted multiple times to keep the inflation number as low as possible).
Hard Assets Alliance. It really is a better way to buy, store, and sell precious metals.
Jeff Clark utilizes his knowledge of the gold mining industry, a family legacy, from prospecting and exploration to the financial and capital markets to produce Casey Research’s BIG GOLD investment newsletter. Jeff is a speaker at the industry’s top investment conferences, such as the Vancouver Resource Investment Conference, the Silver Summit, and the Sprott Natural Resource Symposium. Jeff is also frequently quoted in the business press, including MarketWatch, TheStreet, Kitco, Hard Assets Investor, and the Washington Post. He’s sought after for his big-picture view of the gold and silver markets, as well as the implications of daily market moves on the underlying fundamentals. He focuses on mid- to large-cap precious metals, ETFs, mutual funds, and of course various forms of bullion.
http://www.hardassetsalliance.com/smart-metals/
Open
Carry Laws by State
If
you’re not a convicted criminal you shouldn’t require permission from the state
to protect yourself
Many in the US think the only reason they are
"allowed" to own self-protection aids is because of the 2nd
Amendment. That is an obsfucation. Humans have an inherent natural right
to life and the right to defend that life. The US constitution is a piece of
paper. If the US constitution didn't exist, the rights expounded therein would
still exist... although those natural rights are now actively suppressed by the
US federal government itself!
As people on both sides of the debate regarding open carry—the practice of carrying firearms in plain view—have been turning up the heat, more companies are being forced to take a side.
Gun-rights advocates see the practice as a way to normalize gun ownership and deter crime, while gun-control activists believe carrying guns in stores and restaurants is disruptive to the public and encourages violence.
Ex-FBI Agent Reveals What to Do If The Police Get in Your Face
Dale Carson, a trial lawyer, former FBI agent, police officer, detective, SWAT team member, undercover operative and private investigator who now defends clients against unfair charges. He is the author of Arrest-Proof Yourself, which is required reading for anyone wanting to avoid unnecessary interactions with the law.
https://www.youtube.com/watch?v=OSkl38Qi-y4
Police
urge law-abiding residents of Detroit to buy guns to protect themselves
Learn more: http://www.naturalnews.com/046569_gun_ownership_self_defense_Detroit.html#ixzz3BIvVho41
Learn more: http://www.naturalnews.com/046569_gun_ownership_self_defense_Detroit.html#ixzz3BIvVho41
Gunsmithing at Home
Home Invasion: How to Protect Your Homestead and Family
How to Survive the…[Free]
War on Middle Class and All 9 Bonus Reports can be
downloaded here:
Yours in freedom,
Bruce ‘the Poor Man’
Send it to: PoorManSurvivor@Gmail.com
Our Mission: To
protect and promote your freedom, civil rights, financial well being and
overall self reliance in these turbulent times.
Get more tips and freebies faster at: www.PoorManSurvival.com
A Shallow Planet Production
No comments:
Post a Comment