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THE ONLY MARKETS THAT DON’T NEED “HELP”

- Andy Hoffman - Miles Franklin

Silver is much better suited than gold to decentralized and local marketplaces, and barter. This is true regardless of whether or not we are envisioning some apocalyptic future, or just the occasional dislocations of hacked ATM and credit systems, the end of paper money, or the failure of the US dollar ( or Euro, Yuan, or Ruble). You can only cut a gold coin into so many pieces. The disfunctional so-called primary precious metals markets, facing a crisis of their own making, may end up being effectively useless for primary trades. Also, not everyone can afford a gold hoard. Nor can everyone afford and maintain "arable land" and a grow it yourself economy , as vital and useful as that might be. The purchase and sale of a few pieces of silver now and then is universally possible. This is what gives silver its edge.

Commented 3240 days ago

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Beginning of the headline :It’s the wee hours Saturday morning, and I have a foul taste in my mouth – as the all the goodwill of a pleasant Thanksgiving rapidly dissolved on this blackest of “Black Fridays.” A term, I might add, that since bursting onto the scene a decade ago, has nauseated me to no end (although this Black Friday clip is hilarious). To wit, just like “ultimate fighting”; reality television; and “fantasy sports”; shopping on Thanksgiving – and forcing people to work on this most festive of secular holid... Read More

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