The foremost reason to buy silver in the minds of most people is to make a lot of money. Theodore Butler seems to think that silver will go up ten times from the current $20 level. I think there is another important reason to own this tangible asset. We are losing the America that we have all known to impractical leftists with an agenda that promises economic ruin. They want control and they will break the law, manipulate the media, lie and use force to get their way. For the most part they are utopians who aim to improve and perfect society. They reject free markets basically because they are free and not under their control. Throughout history they have wreaked havoc.
We are gradually leaving Capitalism behind and replacing it with Socialism. There is no middle road, only a slippery slope into a deplorable progressivism that has always failed. Runaway government spending, the huge deficits and the inevitable inflation that follows are how we pay for socialism. The Fed doesn’t know it but they are the banking agent for socialism. The huge government apparatus in Washington pursues even more socialism. Leviathan takes half of the fruits of our labor, spreads it around to its cronies and passes it out to the waiting masses who will brook no lessening of their loot.
It’s taking a toll. The economy stays weak, jobs are hard to find, and living standards have declined for too many people. A threat is building to the primacy of the dollar. Politics are unraveling our greatness. At times, our culture borders on the bizarre and our behavioral standards decline relentlessly.
Nevertheless, the majority of our populace are solid citizens. Many of them are misled by progressive nonsense, but they still get up in the morning and tend to their duties. To overcome the liberal bias and somehow hold together the future of capitalism and free markets, the wealth of conservatives and libertarians must be preserved. Government policies of redistribution and inflation threaten this financial strength. To preserve it requires owning assets that cannot be eroded by socialist inroads but enhanced by them. Such is silver. To protect your wealth from the damage that has been done and will be done, you must own this scarce and valuable asset.