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It is widely acknowledged and that gold and silver investment has been some of the strongest positions in the market in the past ten years, but the reason why is generally not as widely known.

February 22, 2012 – It is widely acknowledged and that gold and silver investment has been some of the strongest positions in the market in the past ten years, but the reason why is generally not as widely known. We have reached the point in our society where we must acknowledge that the work-a-day method of acquiring wealth is behind us. Most people are working in order to maintain, break even, and make ends meet. There are fewer Americans now than at any other time in American history working in order to create wealth for themselves.

In fact, student loan debts and credit card debts, due to the predatory lending practices of the past twenty to thirty years, have reached such astronomical proportions that our working populations would have to continue working for the rest of their lives to pay it off. That means no new wealth is being created. The old debt is simply getting serviced.

This mirrors the situation in several other countries around the world. In Greece, the most recent bailout package includes measures where current workers will take a negative salary, meaning they will pay in order to keep and work their jobs. The Greek people are now paying to work. Recognize that if American workers are working all their lives to pay off student loans, credit card debt, and bills, while never making a penny they themselves can keep or invest, they are in the same position as Greek workers on negative salary.

Gold and silver investment may not seem like the obvious antidote to this potentially catastrophic situation, but it is. Debts denominated in paper, as well as predatory lending practices, are null and void in a system that is backed by or uses gold and silver as its primary method of valuing wealth. It is far easier to debase the value of the dollar, create debt schemes, and loan money in such a way to people who cannot possibly pay it back when you are using paper and paper currencies that have no inherent value. The value is determined by confidence alone, or mass agreement.

Gold and silver, on the other hand, have been valued over the millennia by their scarcity on the earth. Greedy bankers do not determine the value of wealth and silver according to their lecherous, incompetent, and possibly insane desires for power, pleasure, and the various subsidiaries of the two. The earth determines the value of gold and silver. This makes gold and silver investment one of the most powerful ways of using the natural scarcity by which we make value in our society to combat the paper debt scheme for yourself and for future generations.

Shannon King

Senior Staff Writer – GoldSilver.org

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