Im still trying to understand this gold and silver thing. I haven't read that much or even understand too much about currency and stuff. Im a novice at this.
its definitely benificial to have some knowledge about it..economists were calling this stock market crash 2 even 3 years ago...commodities(oil..metals) have gone up 250% since 9/11 which without question had something to do with this..clinton was the catalyst for this though..or during the clinton era i should say. There used to be a gold standard in the US...which meant that banks could only lend what was in the reserves..this is a stable system...but since the federal reserve was established..its now a credit system...banks lend out more than they have so that theres more equity available to expand the economy more rapidly....and because you are lent out more than the bank has you have to pay a commisision or interest on the loan...and it doesnt take much to realize this system is built on sand and the only ones safe are the ones who print the money..its an evil way to control people with debt...get them in debt...they work their whole life to pay the interest..1 easy key to help avoid this..STAY OUT OF DEBT.
DONT BUY THINGS YOU DONT NEED...
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