last chance silver

LAST CHANCE SILVER

I’ve already said this when silver was $14 or $15 an ounce, and back when it is the same as right now, $16 an ounce.  This is about THE last chance to buy silver this cheap.  And I’m telling you again, BUT hang in there because I also want to follow that up with the question, “what can I barter with once silver gets up to insane levels and takes that commodity off the table as a viable trade unit?”  Because while I’m not 100% positive enough to bet everyone a jelly filled donut I’m right, I’m still pretty Gott Damned positive.

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First off, most workers are going to be making about $15 an hour or more.  And historically you get paid about one tenth an ounce a day for labor.  This of course went up during the Industrial Revolution to about an ounce a day, but that was high compared to the historical (as in, last several thousands of years prior ).  Since most minimum wage workers have no skills, they are obviously grossly overpaid at an ounce of silver AN HOUR!  Any way you look at it, silver should be at least ten times more valuable by labor costs.

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And once industrialization is gone and petroleum no longer subsidizes labor, silver should be worth ten times that.  So silver should be a minimum of $150 an ounce today.  That is JUST based on petroleum subsidized labor wages.  The central banks are holding down silver by derivatives manipulation ( leveraging way past prudence ) so as to buy up physical bullion.  They rigged the market and are obviously banking ( get it?  Bankers, banking ) on the price HUGELY increasing.  JUST on a rigged market basis you will see a ten times return in constant value dollars if you buy silver now.

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Prior to Industrialized mining, where the vast majority of above ground gold and silver comes from, silver was worth $1500 an ounce in today’s dollars.  Which means your $15 an ounce silver is going to increase one hundred times in value, not ten. Ten is a minimum and a hundred is a probable.  But wait!  That is just silver based on the silver to gold ratio which was 95 to 1 prior to the Spanish New World silver, down to roughly 50 to 1 average the last hundred years. 

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If silver should be a MINIMUM of $150 an ounce, gold should be at least $7500 an ounce.  Which means the 1980 gold price at the height of the panic was at least three times too low to even be an accurate historical minimum.  At maximum values when silver is 100 times today's price, gold would be $75,000 an ounce and silver $1,500 (  absent completely any carbon fuel availability ).  But this isn’t even getting interesting YET.  If all that isn’t enough, NOW we get to take into account the silver destruction.  You know, the unrecoverable silver used in electronics.

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NOW, unlike any time in history, we have TEN times the amount of gold above ground than silver.  Actually it is something like 8.5, but electronics demand is an exponential growth every year and before  global demand destruction is done, we should be seeing that increased 1.5 percent in the disparity of available silver to gold.  So let’s just call it ten times gold to silver.  Ignoring all historical rates of labor prior to the Industrial Revolution, only going by the minimum rate of banker manipulated markets adjustment, if gold should be $7,500 an ounce than silver is TEN times that.

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Silver at $75,000 an ounce is ludicrous.  Most likely.  At $750,000 it seems completely insane, a babblers fevered dream ( this was assuming gold was $75,000 and there is only one tenth the silver supply as gold ).  I can’t even conceive that is anywhere possible, because that ten times multiple was at a maximum solar powered energy only population and prior to New World discoveries.  It would take a global if primitive sail powered trade to see silver back up to $75,000. And that would be pushing the bounds of probability to the maximum.

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Granted, other variables are drastic population decreases dropping the value of precious metals.  But that might be countered by the historically new complete lack of future growth in production, as ALL mining will forever cease when the carbon fuels are gone.  Still, all this gives you some perspective of how undervalued silver is today.  If just a fraction of adjustment occurs, silver will become completely Richy Rich insane in value.  All those plans you had of using pre-1965 dimes to trade with?  Now completely unrealistic.  The good news is, any silver you own now will increase AT A MINIMUM to gold prices as seen today.

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So the bad news being “you need to find another medium of exchange” don’t seem so bad, does it?  If you want a low valued coin for trade, go heavy now on pre-82 pennies ( ‘82’s are a mix, ’83 up are all zinc.  Best to avoid ’82 also ).  There will be plenty of copper salvage, so the coins won’t gain THAT much value.  But it should be worth sorting pennies regardless.  Just them being minted will be worth a premium. There are YouTube videos on making your own sorting machine, or put the kids to work.

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That probably won’t become the preferred medium of exchange however.  More likely will be cigarettes.  They won’t be worth their weight in gold.  Prices for coffee and tobacco WILL be insane, as primitive transportation trade is a premium.  But they won’t be a “supply never increases” item.  But they will go at far above today’s prices, even in insane tax policy locations such as New York City or Hawaii.  I can’t imagine them going for less than two hours wages a pack.  And your cost to store them is currently $1.20 material cost. 

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Add ten cents for that Mason jar to keep the tobacco moist, and another dime for equipment cost for a total of $1.40 a pack.  Your minimum return should be the equivalent of ten times that.  The original articles on this cigarette construction were March 1^st 2016 and May 10^th 2016.  Obviously, prices have risen slightly since then.  You see cigarettes being a historical barter item, after WWII and in prisons.  I can’t NOT see a return to that. 

( .Y. )

( today's related Amazon link click here )

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note: okay, seriously now, this has got to be the WORST end of the world movie EVER.  On Vudu, free with ads, is "Global Meltdown".  I normally have little patience with bad movies, but this was so bad it was funny, a train wreck I couldn't look away from.  The bad acting and low budget with hideous CG effects were about standard, but the truly bad part was the script.  It was written by a retard far left of Hilary Clinton, puking up every bad stereotype of survivalists and enjoying the taste.  It was a wonder to behold.  You have simply got to revel in its politics and ignorance.
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