You are here: Home » Blog » Silver Coin Blog » Junk Silver Coins » Silver, your financial lifesaver in stormy economic seas

Silver, your financial lifesaver in stormy economic seas

by Silver Coin Guy on April 7, 2012

Junk Silver - Protection against financial stormsWhen you decide to preserve wealth and value you have a choice between silver, gold and other precious metals against fiat currencies and their instruments.  How do you want to maintain your financial position in a world that is constantly striving to destroy it.  In theory, you own the payment you receive for the work you do and the value you create.  In fact, there are parasites everywhere that want to take it and use it for their own ends and for causes and uses “they” deem more important and useful.

It’s a smart choice to preserve a portion of your wealth using physical precious metals. Starting out with silver coins is an affordable and easy way to get started.

Government’s in the West are going to default, in one way or another.  It doesn’t matter if you’re talking about Greece or any of the PIIGS, other countries in Europe or the United States.  Politicians cannot and will  not stop spending money their governments simply don’t have.

The debt of all Western governments is simply too high – it can’t be stopped or brought under control at this point.  Governments are borrowing money to pay the interest on borrowed money.  It’s a pattern that is not sustainable.

If you’re reading this, most likely, your government is broke, and looking to you to pony up the money they need for themselves and their pet projects.

There is no politically viable plan that will halt the deficits or roll back the debt.  This is a reality.  Politicians make speeches and pronouncements regarding revenues that assume they will come from some magical source somewhere over the rainbow by and by.  It won’t.  The money will run out at some point and as the process unwinds there is going to be a lot of pain involving loss of wealth and freedom.

This is what the future holds for those of us in the West, including the United States and the Eurozone.

The Welfare State threatens your wealth, freedom and happiness

The welfare state, a bad idea that is unsustainable over time, is running out of time. The programs that make up the welfare state, and there are a bevy of them with Social Security and Medicare/Medicaid being the most prominent, require more and more funding, to the point where the funding is unsustainable.  Regardless, the powers that be will become more oppressive and reach ever farther into your pockets in an attempt to preserve the system (and their positions and power) as long as possible.

One of the best ways to covertly steal the wealth of the people is through inflation.  By cheapening the currency the debts become manageable and easier to pay off.  Inflation is here…witness the price of gas and food, and it is going to get worse over time.  I’m sure you know this or have heard it before –

  • The dollar has lost 96% of it’s value since 1913, the year the Federal Reserve was created. (For what it’s worth knowing more about the Federal Reserve, what it is and how it operates, to better understand the ongoing economic storm.  I recommend reading both The Creature from Jekyll Island : A Second Look at the Federal Reserve and Ron Paul’s End The Fed.)
  • Since 2001 the dollar has lost more than 25% of it’s value.  I find that fact amazing.
  • Inflation is a hidden tax…just think, by printing more money (simply increasing the electronic amount of money in circulation) the government has stolen more than a quarter of your savings.  No wonder people are struggling.

Silver has proven to be a better store of value over time than the US dollar has. Need proof, you can still buy a gallon of gas for 10 cents, about what it was in 1964 when the last silver dimes were minted.

YouTube Preview Image

Want to start investing and owning silver coins? Start here with Junk Silver Coins.

I want to wish everyone a happy and enjoyable Easter.  Tax season is over this month.  You’ve paid Uncle Sam (actually, you took back a little of your own money) and now it’s time to do something for yourself.  Choose financial freedom, choose Junk Silver Coins.

Previous post:

Next post: