As the MSM, Wall Street and various so-called analysts waste time focusing on worthless and insignificant data, the price of silver is positioning itself for the coming TWO-STAGE RALLY. The majority of the precious metals analysts discuss the revaluation of silver as it pertains to the amount of fiat currency in the system.
The first stage of the two-stage price rally will be the devaluation of the U.S. Dollar and fiat currencies. It is impossible to know the exact date of the U.S. Dollar devaluation, but its coming.
The U.S. Dollar is a pure fiat currency and has been for over four decades. While Americans continue to use it as legal tender, its value has eroded tremendously. Currently, we are witnessing several high-profile countries such as China and Russia create trade deals around the U.S. Dollar. In time, this will become a torrent.
We must remember, HYPERINFLATION is a currency event. When the faith in paper currencies erodes, the value of it implodes. Thus, money velocity goes into hyper-drive as the public tries to purchase physical goods and services as the value of the currency continues to decline — hyperinflate.
This will be ONE STAGE of the revaluation of silver – physical silver. The next will be the time when investors move out of increasingly worthless PAPER CLAIM CHECKS and into real physical assets to protect their wealth.
STAGE TWO: Out of Paper Claim Checks & Into Physical Silver
According to the recent CityUK Fund Dept 2013 Management Report, there were $94 trillion in Global Conventional Assets under management. As I stated several times, valuations of these paper assets are based on a growing global energy supply.
Unfortunately, PEAK OIL is here…. it’s just a matter of time before the declines take place and we enter into a world in which we have no experience. Thus, as the energy supply declines, the valuations of STOCKS, BONDS and most PAPER ASSETS go down with it…. probably not an orderly decline.
When the investing public realizes that GROWTH IS NOT POSSIBLE… I can see a panic out of PAPER CLAIMS and into physical assets such as GOLD & SILVER coming in the future.
Source Silver Seek
Looking for a secure way to buy physical gold and silver?
GoldMoney company offers you 6 months of FREE storage if you sign-up and buy physical metals via www.goldreference.org. Simply choose “GoldReference.org” from the dropdown list, or manually write goldreference, when you open a Holding at GoldMoney. See also our page How To Buy Gold & Silver Online.