Silver Coin Ownership for Everyday People: Part 2

Say you don't believe that prices will increase. Prove it to yourself:

These facts are proven by a simple “eyeball” method of analysis. Make a list of ten consumer items you buy on a daily, weekly, or monthly basis. On a sheet of paper label that list as this month and this year. Now on the other side make another list and call that list this month last year.

The average percent increase in price of consumer products does exceed the average cost of living increase for the majority of Americans. Those on a fixed budget, such as Social Security, Veteran Administration, and private company retirement plans are compelled to make more drastic choices in their consumer spending habits. Consumer expenses across all categories have outstripped wage increases.

Internationally, fewer and fewer countries want to trade for American dollars. The strength of the dollar has eroded as the Federal Reserve System has overproduced dollar bills through the concept known as fractional reserve.                                                           

Simply put: For each $100.00 you deposit in the bank, the bank can then loan out to someone else up to eighty percent of your deposit. So, did the earth yield an extra eighty dollars to your banker? The answer is a loud no, no, no.

What has happened is an eighty-dollar debt has been created. The illusion to the borrower is that he has obtained an eighty-dollar credit. Multiply that same type of transaction millions of times throughout the year. What you get is an overabundance of worthless paper, not backed up or redeemable on demand for silver coins.

An easy systematic form of acquiring silver coins serves as a hedge against the continuing devaluation of the dollar. Why silver coins? Silver is significantly easier to buy than gold. Silver coin values are expected to rise in value. It’s smart to own silver.

A significant number of American silver coins are sold abroad to foreign investors. The silver content in a silver coin that purchased a loaf of bread in 1965 will now pay for a gallon of gas. The silver content value of coins has increased.

Silver coins are durable. Pick up a silver coin and it has weight. Pick up a dollar and what do you get? You get a green piece of paper with ink that fades. Even the paper eventually falls apart.

The durable nature of silver resists the ravages of time and nature. If you misplace your dollar in a water environment it will fall apart. Do the same with a silver coin and you still have a silver coin. The silver coin will not rust.

Interesting facts about silver coins:

* You can borrow against your silver coin assets.

* Recognized around the world as currency and a barter system.

* Ownership is not registered and your ownership is your business.

* Is recognized as currency if the current economic system collapses.

* Silver must be found then processed. There is only so much in the world.

* Can be purchased in minimum quantities from one to one hundred or more.

* And, did you know that silver is antibacterial? Just another interesting fact.

Now you know why you should own silver coins. Terrorism, wars, and political chaos will affect the value of a dollar. Use the information in this article as a guide to obtaining wealth through a tangible asset.

Protect your economic wealth and stability against future events. Be like the wise ant that stored his treasures before he needed his treasures. Silver coins. Get as many as possible for yourself and your family.

Thank you and have a blessed day.

Affordable Silver Wealth

Ronald Roberts has a lifelong interest in economics and business. A former military officer and MPA graduate, his favorite quote is: Never despise a humble beginning.

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