Your Key to Financial Security

Poor Man's Gold
 

 

 

 

 

 

Link Partners
Imprint/Disclaimer

 

 

 

 

- My Silver Dream -

What do I mean with the caption "My Silver Dream"?
Well let me explain it to you in my own words, in my own thoughts and in my own kind of way.

Basically I started working on this website in the early summer of 2007, when silver has still been
around 12 USD per ounce and the world was still pretty much all good, only few indications of the sub-prime crisis, still being ahead of us, nobody really expecting what was still to come.
To be honest I already knew at the beginning of 2007 what kind of problems we were about to face, and I tell you, I'm neither working in a bank, nor am I a big shot in a big company with a high income resulting out of a "big-shot-in-a-big-company-position".
I was simply pretty much anxious about what to do best with my money when the rough times begin.
So I started out doing some research, of course, reading a lot, collecting as much information as possible, without a doubt, and that is really the point, you have got to take all imaginable possibilities into consideration.
I don't want to list all the possibilities and possible opportunities I found out about, because all of them certainly had some advantages and some disadvantages. But the point is, I don't need any disadvantages, I was looking for a good investment, being sure that it's going to work for me, and not against me.
By the way, that's another important aspect. If I wanted to have something that's probably/perhaps going to work for me, but definitly much more for anybody else, I would have gone to my bank and ask an investment consultant what to do in the coming rough times. He would probably have told me to minimize the percentage of stocks in my portofolio and then think about buying state securities and bonds. Moreover he would tell me that it's not as risky as stocks but still interesting regarding the rate of return. Rate of return? About 3% in a year? Do I need to tell the guy on the other side of the desk that inflation is at least twice as high and it's going to rob me all my purchasing power?
He would have looked at me and spoken to me from conviction that inflation is below 3 percent, that must be a wrong piece of information I have and on and on and on. I would have to tell him that inflation is above 10 percent, would confront him with the keyword "stagflation" and in the end tell him not to keep believing that everything he had learned at college was still right. Books get really old sometimes, and with them the information written in between gets even older, and less valuable.

Economic coherences are more difficult in times of globalization, but anyways, we reached a point were you can - in my opinion - reduce everything on one little sentence: "They want your money"
Big shots want to stay big shots - and this is only possible when the small ones, which are conventional average working-class citizens, stay small. And the small ones are definitly going to stay small forever if they don't start to think themselves about what to do with their money. The small continue to finance the lobster on the dining table of the rich, and their mansion, and their learjet and their 11 ferraris in the garage as well.
That is no joke. I know guys with 11 Ferraris. Hell, who paid them?

Recently a study revealed that a yearly income above 3.5 million USD can hardly be justified...
once again: "can hardly be justified", if it can be justified at all!
$3.5 Million? That is peanuts for a big-shot-dow-jones-company-manager! That is what he earns in two weeks!
"Earns" being the operative word, it's not what he deserves...but again, this is irrelevant as long as
nobody is starting a movement against these developments, developments which are apparently wrong. So why does this development encounter so much acceptance since about 2-3 decades?

When i'm writing about this disbalance in society, it's not because I'm jealous or envious of anybody,
on the contrary, great performances shall be honored and appreciated in the highest degree!
But such disbalances were always turned upside down sooner or later, whether it was the time of the French Revolution or our times, today, now and here! Well, perhaps not now and today, but be sure, sooner than anybody could expect.
Currently we are heading towards the collapse of what was built since the 1970's, the time when the gold-standard was abolished, so that the government could finally print as much money as they needed in order to finance things...of course first of all there were wars which needed to be financed and secondly almost everything else Americans use and live with in their everyday life.

The former world currency Number 1 - the Dollar - is no longer the solid means of payment as it was in the past. It is artificially inflated fiat-money which needs to be printed from dusk till dawn, without a corresponding counter-value being produced by the American industry. The American government must print worthless paper money in order to diminish state debt resulting out of a steadily increasing trade deficit with other countries and, not to forget, they must pay compound interest.
You see, it's a vicious circle, and they can't get out of it.
Current US state debt amounts to $9,405,738,960,230.52 (as of june 6,2008)
What? You can't pronounce the number? How come?
Well, statistically speaking this number expresses that every of the 304.3 Million American Citizens is in debt with $30,909.47
On the one hand this means that Americans lived beyond their means in the past, and on the other hand we already know that they will have to renounce on such a high level of living in the future.
The point is, that countries are no longer willing to take Dollars which constantly lose value.
So, final question: where will all the worthless money go, where will people invest their dollars?
Simple Answer: they will put it in material assets.
And if suddenly all the money goes into a few material assets, prices will rise, but not simply "rise" in the common sense of the word, no, they will go to the moon...
Nobody can exactely say when it is going to happen...but let me tell you, that this is the reason I started to create this website, because I knew that there was still some time left to let people know about this great opportunity.

Call it whatever you want, but when I think of the moon and the stars, and of astronomical heights I start dreamin'...and that is why I called this text

- My Silver Dream -

-- Manuel Ernst --

P.S . If you have plenty of time, follow my recommendation and watch the video below. The process how banks are artificially creating money out of nothing is well described and might give you an impression of how we got to the point where we currently are, in the middle of an ailing financial system with banks you can hardly rely on...

 

 

Watch the other four parts of "Money as debt" ...

 

...return to top of page

 

[Most Recent Quotes from www.kitco.com]