I was watching a documentary on the History Channel recently about the History of Gold Rushes in the United States.
Fascinating! When gold was discovered in North Carolina in 1799, the price of gold was $15 per ounce, more than what many people earned for an entire month at the time.
What amazes me is how both men and women left everything behind and traveled great distances just to have the opportunity of striking it rich.
Most, of course, did not.
In spite of the odds against them, many thousands of people labored long hours for little or nothing.
The same thing happened all over again in Georgia, then California and again in Alaska.
But not all was gloom and doom.
Those who acted first, usually found the greatest wealth.
That got me thinking.
There's going to be another rush for precious metal just like in days of old, only this time it will be a rush for silver.
This time those first to arrive will not have to sell the farm.
This time there will be no worry about blistered hands, because this silver has already been mined and refined! The opportunity you have to get ahead of this rush, to stake a claim now in the richest silver bonanza of all time, is unprecedented.
The opportunity is immense because right now an ounce of silver can be purchased for roughly the price of one hours wage.
So what's the big deal about that you ask? Why should anyone get excited about a precious metal worth only one hours wage? Short answer: One day in the near future an ounce of silver will be worth a months wage.
Imagine the wealth you will gain if you have the foresight to buy silver now before the rush for silver begins.
Long answer: Unlike the dollar, silver represents real, lasting value.
It's value as money has a 4,000 year history.
The Federal Reserve Note currency we use has (over the Feds 94 year history) lost 97% of its original purchasing power.
Not exactly a paragon of value is it? Here's the reason: The purchasing power of the dollar is determined not by silver or gold, but by how many other Federal Reserve dollars are in circulation.
Our Government must print more dollars every year to cover its growing debt.
This dilutes the purchasing power of every other paper dollar already in circulation.
You see, the way the Fed works is that there must be a one dollar debt against every new dollar printed before new dollars can be printed.
Said another way, Our system of money is based on debt, not value.
Because silver has such a long history of lasting value, we can buy silver today with the assurance its value will not decline.
And because the price of silver is measured in Federal Reserve dollars, the price of silver historically has trended up, not down.
So how high can it go? The answer to that question is what inspired this article after watching that gold rush documentary.
If people knew the answer to that question, how long do you think it would it be before the sudden interest and demand for silver would spark the silver rush and skyrocket its price up? Today, fewer than 4% of Americans own silver of any kind.
It's not that Americans do not want silver.
Rather most of us do not know the historical value of silver as money, or how precious little silver there really is available.
Virtually all new silver mined every year is spoken for by businesses who use silver in their products.
So what silver is available, for people who want to protect their wealth, is limited to those private parties who already own and hold physical silver.
That means if you want to buy silver, you must find someone willing to sell theirs.
Fortunately, and here is where the silver opportunity lies, silver is readily available from silver dealers at the current price of about one hours wage per ounce.
Amazing! The silver rush has not begun.
But when it is ignited, those who finally wake up will pay a dear price for what silver they buy.
Millions of Johnny come latelys will have to pay hundreds of paper dollars for every ounce of silver they buy that once traded for one hours wage.
If you want in on the coming silver rush, don't wait for a formal announcement.
For by then you will have missed the greatest gains.
The dollar as we know it is running on its last gasp of value.
It will soon lose what little credibility remains by foreign banks and governments.
These entities have the most invested in dollars.
When the plug is pulled and central banks sell their discounted dollars and look to other currencies, the silver rush will be on.
the whole world will be out to grab whatever silver they can at whatever the cost.
The recession we are in will only hasten the death of the dollar.
The Feds must print more and more money to jump start the economy and to satisfy an ever-growing debt...
which can never be repaid.
This will destroy the dollars remaining credibility in the world.
Will you join me in the biggest silver rush in the history of mankind, or will you look on at your shrinking dollars and suffer the consequences?