central banks / 6 posts found
Gold Silver Ratio- The Gold Silver Ratio Play
Gold Silver Ratio The Gold Silver ratio is a bench mark to watch out for and use to your advantage. At the current junction the gold silver ratio stands at above 80 gold coins to 1 silver coin. This could be a fantastic buying opportunity to purchase silver. Silver is so undervalued making it a prime opportunity for purchase. Now I did not know the gold silver ratio play until I heard it from Mike Maloney. He has recently did a quick informative video of the gold silver ratio relationship and what he’s doing to take advantage of this opportunity. […]
Primary Wealth- Is Gold and Silver still relevant?
Tertiary Wealth!! Not a common phrase but one that stands at the forefront when you think about wealth. What is tertiary wealth you ask? Well it’s the paper currency we know as money, the stocks we hold in our 401k, the bonds, the IRA’s, the bitcoin and any other common form we so commonly associate with someone being wealthy. But this is really not accurate and for the most part it really does not matter until there is a economic crash, a natural disaster, or depletion of a known resource. And if you find yourself facing one of the situations […]
Collateral Haircut- Understanding the Collapse of What We Think are Assets
A collateral haircut is a financial term encompassing one thing: Devaluing Of An Asset. Oh this is not the official definition by far. However it will do just fine depicting what we will see happen to liabilities that we have been led to believe are assets. You see we call things like savings, our homes, 401k’s, and pensions assets. But truly they are really liabilities. Why, because simply the banks label them as liabilities. For us truly to understand the world in any form of meaning we have to understand the thinking of Bankers, Central Bankers in particular. For nothing […]
Financialization Of The Economy
We live in a world of Financialization. The term alone is complex, and the problems it has caused our economy is even more troubling. Now I cannot take credit for this term, as I only heard of the term by watching the fantastic work of Gordon T Long and his friend Charles Hugh Smith. They cover this in a 4 part video dialogue. I have enclosed the 4th in this video series because I believe it is the most poignant. Ever since we have gotten off the gold standard in 1971, we have been living and functioning on ever amounts […]