If the was ever a time to buy gold and silver it would be now. I can’t believe that prices haven’t gone up substantially yet. Central banks, government and the federal reserve are manipulating the markets to control the prices, because if gold and silver prices go up dramatically people will lose confidence in the dollar. I really don’t understand how anyone could still have confidence in the dollar. It has lost over 90% of it’s value since being removed from the gold standard on August 15, 1971. At that time gold was worth $35.00 an ounce. Almost the same as an ounce of silver today. So, for me buying gold and silver is a no-brainer.

With the amount of government spending going on, they are printing money as fast as the paper can dry. Not literally, but electronically. I wonder how long it would take to print 10 trillion dollars in cash. Are they spending it faster than it can be printed? Anyway, back to my point. There will be a point in time where an adjustment will occur and the real value of these precious metals will be revealed. Some analyst predict huge gains in the next few years. I’m am by no means an expert, but common sense tells me that a correction in value is coming.

Gold and Silver

What does Gold and Silver have to do with Prepping?

Prepping financially is as important as any other prep. Not only will it help in a crisis, but it also comes in handy for vacations, retirement, education or whatever we need. Nobody really knows what the future holds, but it seems that a financial crisis is likely. So, we prepare! Having passive income or a side hustle is more important than ever. This is a means to save, invest or just pay our bills.

The divide between the rich and the poor is sad. Too many people are living paycheck to paycheck. If we don’t prepare for our financial future who will? Corporate America doesn’t care about anything but the bottom line. Government is not the solution as much as they are the problem. Who is going to pay for all the wasteful government spending going on right now? We are, along with our kids, grand children and generations after that. We must protect what we have, gold and silver is a safe place to be historically.

If you can’t afford to invest in gold, silver is easier to own. By purchasing one ounce of physical silver at 32 dollars a week for the entire year, it would cost 1664.00 total and you would have 52 oz. If silver goes to 200.00 an ounce you would have 10,400.00. Not a bad return, and many are predicting silver to go much higher. But, I don’t think anyone really knows. I follow the advice of the professionals and I have not heard anyone predict that silver is going down.

Why is a Financial Crisis Likely?

As the purchasing power of the dollar falls. The Chinese are reducing their position of holding U.S. dollars and treasuries by buying commodities, thus getting more value from their position. The Fed is trying to control inflation by keeping interest rates down. Unfortunately, this strategy cannot continue and they will be forced to raise interest rates. The Fed recently announced that there will be no interest rate hikes until 2023. This will buy time, but it won’t solve the problem.

Inflation is already here. Lumber is just one example of a commodity that has gone up in cost because of the demand for it. The demand is coming from Countries around the world, not just China. Everyone who holds dollars and treasuries is paying close attention to the devaluation of the dollar. I’m not saying that other countries want to be buying up commodity’s, but rather they are being forced into it by the devaluation of the dollar.

Other commodities such as food items and raw materials are going up because of this. Everything we need is costing just a little bit more or a lot more in some cases, than it did just a few months ago. The prices of food are on the rise. Bill Gates knows he can cash-in on the upcoming food shortages. As a result, he has become the number one farmland owner in the United States. Farmland is becoming a good investment. If you can’t buy physical gold or silver, go get some seeds and plant a garden. Better yet, do both!

Having Silver and or gold in a post apocalyptic world

In a SHTF event, paper money won’t be worth a can of beans. Gold or silver on the other hand might be worth having to barter with Though out history gold and silver have had the same purchasing power. Sure, there have been fluctuations but compared to paper money, well there is no comparison.

I can see where the actual value might be unpredictable in a post-apocalyptic world. However, I would much rather have precious metals than dollars.

The window of opportunity to buy physical gold or silver at the best price is closing soon. If predictions are correct, precious metal prices will be on the rise when the Fed increases interest rates. But, more people are seeing the train wreck coming and demand might spike before predicted.

I have been paying close attention to this opportunity for awhile. I only wish I could afford to buy more. I’m working on financial prepping, to avoid the chaos of the next crisis.

To purchase physical gold or silver try a bullion company such as:

Note, I am not an affiliate at this time.