I just read that most people owe 400% of what they earn. So, is
it any wonder why most folks are attempting to hold on to their money?
Each evening, the national news reports on the recent closings of
businesses. Look what's happened to banks and auto sales, as just two
small examples. Believe me, I’m not trying to depress you. It’s
probably best to avoid the news. However, the facts remain, and decisions
must be made.
Speaking of autos—even at giveaway prices, few are biting. Now,
to put this into perspective, in 1971 you could have purchased a luxury vehicle
for just a few thousand. Of course, you probably remember how difficult
accumulating a few thousand was back then. Now not! Why? Because to U.S.
dollar has lost 90% of its purchasing power.
"Well, that doesn’t sound so bad..."
when it’s described as “currency readjustment” or “monetizing debt” – these
are all just fancy terms for inflation. In early 2006, the Federal Reserve
board stopped reporting the M3, which is the money supply and future
inflation. This means few of us know how much artificial credit has been
pumped into the economy, or how much more will be needed for bailouts,
etc. In a past report by economist John Williams called “Shadow Government
Statistics,” he pegs the money growth rate at 17.3% annually, and rising.
"Okay, so where’s the silver lining in the clouds of
inflation?"
As the printing presses roll— as they must to keep the nation afloat in a
sea of red ink—the demand for a safe money haven increases. That means
gold and silver will continue to outlast the paper money of all the nations of
earth. If this wasn’t a fact, then why are all the nations who can,
holding all they can get? And it hasn’t even begun—which is the silver
lining to the whole economic mess. As I see it, silver is presenting
us with an opportunity of a lifetime. Let me explain.
According to supply statistics on silver, the world uses up more silver
each year (850 million ounces) than it mines (about 600 million ounces).
That’s an unbelievable shortfall or deficit of 250 million ounces. So, how
does the silver industry stay afloat? It’s by selling off its existing
inventory! Do you see the picture? And this is when the demand for
silver as an industrial metal is at an all-time low.
"What do people do when they sense their paper money is in
trouble?"
They buy precious metals! Consider that Asia has ten
times the population of the U.S., and seeing the global financial unrest, is
gobbling up remaining silver supplies. Funny, silver (also called “the
poor man’s gold”) has greatly increased in demand, while supplies get harder and
harder to obtain.
"Why is this happening without a higher price for
silver?"
Ah! Here is the deceptive part of the equation that makes silver the buy of
the century. Paper silver (that means FUTURE promise of delivery, to the
tune of around a billion ounces) has been sold, as traders say, “naked short” –
which means the actual silver doesn’t even exist yet! Where will it come
from?
"Golden Lion Mint has NEVER sold silver that
wasn’t in physical delivery – nor will we ever."
Last year we were backed up in traffic, waiting for our product to be
minted, as were many other dealers. The good news is, we now have in
physical possession a fully minted, new silver product. These stunning,
beautiful one-ounce rounds are available in rolls of twenty for immediate
delivery. The front face reveals the mysterious and enduring Pyramids of
Giza, with a huge lion majestically reclining before the timeless treasure.
"Just like precious metals have endured eons in timeless
fashion..."
the lion represents the return to the original Sphinx, before it was
desecrated with the face of a pharaoh. It’s a bit like putting president’s
faces on paper money. Of course in Egypt, political enemies used the
pharaoh’s face on the Sphinx for target practice and shot the nose off!
Sort of symbolic, in the sense that many believe it was originally a lion.
Just like our paper bills used to be a receipt for gold and silver.
"On the reverse side, we’ve chosen to use the sacred scarab
beetle."
The ancient Egyptians considered this beetle an eternal symbol of
return. Quite appropriate, since we will see the return of precious metals
to the honesty and respect they’ve held throughout antiquity. While I love
gold, I see an exceptional opportunity with silver regaining its historical
ratio to gold. That ratio for most of history has been 15 to 1.
Today it’s 75 to 1, which, at $900 an ounce; silver should be selling for at
least $60 per ounce. Now, run the numbers in your imagination when gold
hits $2000 or more…???
"While today, we have these incredibly beautiful rolls
available for immediate delivery – they won’t last long."
Collectors have already been promised a portion of this new, limited
minting, so supplies are very limited!
If these polished pieces of metallic art hold any
meaning with your values, then You Must Act Immediately for delivery of your
Treasure Rolls. These will indeed be the silver lining to the coming
storm.