Silver has the six aspects of money in a classical sense. It is divisible, durable, convenient, consistent, has utility value, and cannot be created by fiat.
Silver has been used as a medium of exchange and as a store of value. It is a recorded fact that silver has been used in more places and for longer periods of time for money than gold.
A quote from Nobel Laureate Milton Friedman, who stated "The major monetary metal in history is silver, not gold."
It would be of tremendous importance to everyone if it was possible to predict one event in the investment world that had a 100% certainty of being fulfilled. We cannot, however here is something to ponder. All fiat currencies will eventually reach their intrinsic value of zero. This implies that, at some point in time, the dollar will reach zero as well.
If the Federal Reserve admits that today's dollar is worth the equivalent of five cents in 1913, we have lost 95% of the purchasing power. So I ask how strong is today's dollar? Is the dollar's strength based upon the restraint of the printing press, the rate of return ( interest rate), the productive capacity of the people, or faith?
Liberty silver half and tenth ounce coins are a great complement to the one ounce rounds most people are accustomed to. The half and tenth ounce coins are perfect for making those trades that are too small for a one ounce round and just a fraction above a one ounce round's trading value.
Any size order can be filled, quantity discounts for large orders.
|Half Ounce Liberty Silver Rounds|
|Tenth Ounce Liberty Silver Rounds|
Ask yourself this: "When or under what circumstances would silver be the most valuable?
A tough question for most people to answer, because it tests your own belief system. Can you trust the government or the current sources of silver? The most important time will be when man made asset classes lose value and are shunned in favor of something real. SOMETHING TANGIBLE!
Admitted recently, there are more paper claims outstanding, versus the amount of silver available. Not everyone will be able to shift into a financial asset that has stood the test of time. At some point, nearly everyone everywhere will catch on to the fact that the currency game is is a farce, and that all fiat currencies are doomed.
Action in the marketplace, suggests this recognition is spreading; using gold and silver back internet currencies, and the potential for a major silver producers to encourage its people to obtain value based money.
Ultimately people not government determine what money is and what money is not.