http://www.illuminatisilver.comhttp://www.facebook.com/illuminatisilverWhy I Buy Silver in 2016 - An American Boomer's Perspective - by an illuminati silver subscriber
Today is Monday 25th January 2016 and we are producing the second of our ‘subscriber videos’ – and it’s by a subscriber who has asked us to refer to him as ‘DEMENTEDUNCLE’ from the USA and this is his article entitled ‘why I buy silver in 2016 – an American Boomer’s perspective.’
For those new to this channel, we have subscribers who sign up to our website at www.illuminatisilver.com and one of the offers we have given our free members, is that we will, where we can, produce a video for them on a precious metal or finance related topic providing they provide the text. This is the second in what we hope will prove to become a most popular series.
This is what he has to say:
I will turn 58 years old in 2016, a member of the trailing edge of the baby boom generation in the United States, with the oldest of this demographic population bubble now turning 70. Much of our economic dislocation can be attributed to the impacts the Boomer generation has had and will continue to exert for some time. Of particular note in the US are the long term Medicare and Social Security obligations promised to this group.
A debt based economy, continuous currency debasement via quantitative easing with concurrent unfunded obligations can really only lead to a negative outcome. Mathematics always apply, the markets eventually correct to fair value.
Most of my countrymen live in the world of the abstract. Our currency are digital bits, transferred via phone apps – intangible. Our pop stars are plastic, as is our currency. Individuals fail to understand that gold and silver, lacking counter party risk, are true money. Fiat currency is trust based fiction and whether paper or digital will always only be worth that trust. My experience is that trust is easily broken.
The future is uncertain. Possession of physical metals provides an opportunity to optimize what you may get to keep. Owning them may be a differentiator. Do not purchase silver with short term money.
https://www.youtube.com/channel/UCWhZ29C7tH-mY-mkoaKkcNASo what are your thoughts on DEMENTEDUNCLE’s article and what advantages and disadvantages do you foresee with what he has done with his investments at his time of life?
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