This week, we’re shining a spotlight on silver. Did you know that in over 14 languages, the word “silver” is synonymous with “money?”
The U.S. economy added 187,000 jobs in August, while unemployment unexpectedly increased as the labor market continued to show signs of cooling, data from the Bureau of Labor Statistics showed Friday.
The Roman denarius pictured above features the profile of the emperor Diocletian, circa 301 AD, at the time when he issued the edict listed above.
It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice.
There is an old saying, “The best place to hide something is in plain view.” If true, a reminder of what the US citizen has lost may be found in plain view, merely by reaching into his pocket and examining his change.
It’s no surprise to our constituency, but silver remains one of the most undervalued investments that can be bought today.
What’s interesting to consider is the cost of Thanksgiving 10 or 20 years from now. If history is any guide, it’ll be a mountain of gravy more expensive – unless it’s priced in gold and silver.
The kooks were indeed right. Those that called for higher prices -higher than what most mainstream investors would believe- were proven correct.
I wrote to silver last week—yes, the physical metal herself, the one we trust and convert our paper dollars to. And as luck would have it, she wrote me back!
History says the next upsurge in gold and silver is coming. The research clearly shows it is a when question, not if.