And thats the flaw in the argument - silver has NOT maintained its PPP, as both improved mining methods and the discovery of massive new silver deposits has increased the supply of silver quite substantially in 2000 years
Maybe it was 30 pieces of silver for the first one and he was intending to turn them all in for about the same but never got round to it, or they caught on to the plan, that would have been another 300 pieces of silver.
I'd have to say that this also goes to show how grossly undervalued silver is today... I have no doubt whatsoever that silver's purchasing power will be restored to a large degree - especially once the corrupt governments of the west and their banker masters are dismantled
I believe we will still see a massive increase in the relative value of silver in our lifetimes. due to 1. increased industrial use 2. massive increase in the amount of silver required for wealth preservation/money
I believe we will see a massive increase in the relative value of silver in our lifetimes due to 1. TOTAL destruction and annihilation of anything connected with paper, so say goodbye to the equity in your house. i.e. if you have a house thats worth $500 000k and lets say you make $50k a year, than you WONT have 10 years worth of wages inbuilt in your house anymore. You will be lucky if you are left with 5 years. in my mind industrial demand will decline, and silvers value will be less and less derived from Industrial Use. It will have 85%+ monetary component and the rest industrial component.
i wonder if they agreed on 30 pieces by deciding to pay by inches in the waistline? Do you fit the "Levi" legend?
I don't know, Jesus Christ Superstar made Judas cool back in the '70s. Apparently those 30 pieces were only enough to buy a single field of land, Potters' Field (either by Judas before he killed himself or by the Pharisees to use as a graveyard)
http://www.religioustolerance.org/gospj3.htm Also I am reliably informed that a failure to appreciate Lady Gaga is evidence of 'being out of touch' 'an old person' or 'boring' and is usually answered with 'whatever'. You get the same answer when comparing her to Madonna, Like a Virgin, Like a Prayer, Sex book etc.
Relative value with respect to paper, I agree... but relative value wrt hard commodiites, I'm yet to be convinced. Food, energy and industrial metals all have the same (if not more) upwards price pressures as silver does.... We actually need food, and some form of fuel to survive and keep warm.. and while yes silver has industrial applications, we could probably do without them. Therefore, given the even stronger upwards price pressure on food and fuel due to an increasing population, and their relative necessity, I actually think the PPP of silver with respect to those things will stay the same. As for overinflated (on paper) assets like houses... well, I think were all in agreement on that.
In terms of gold and silver - oil has become far far cheaper than it was in the past. This trend will continue in my opinion with most other commodities as well. This is why Mike Maloney talks about a massive transfer of wealth which will take place.... the only thing standing in the way of those holding real money are the thieving governments of the world. The world will return to a gold standard IMHO and for this to happen the precious metals will have to increase in value at least ten times to account for all the fiat pulled out of the backsides of central banker robber barons.
I disagree.. look at the 150 year chart of the oil price in USD http://chartsbin.com/view/oau Sure, there was a spike early on to $8/barrel, but between 1879 and 1972, oil was $1-$2/barrel. Equating $1 usd to 0.77oz silver (us dollar coin), then oil was trading at 0.77oz - 1.54 oz/barrel. today oil is $110/ barrel, making it 2.9oz/barrel. Hence, the PPP of silver has reduced compared to 1879-1972 in terms of oil.
I don't get it, is this a joke about there not having been any paper money then (outside of China, where it was at least a futures contract) or a joke about one gospel describing him tripping over and falling on a sharp rock causing his guts to explode out?
Lady gaga is a sell-out! Her mission is to mock christian teaching and get youngsters to do the same. Her bosses want her to influence kids and start new trends therefore creating new areas which those in power can cash in on. next she'll be showing off new tattoos etc etc youtube - jay z and rhianna occult inlfuence
doesnt king solomon, in proverbs somewhere, say that 'GOLD WILL NOT SAVE YOU AND YOUR SILVER WILL BE KANKERED/CRACKED or somethin? i think he means when SHTF and its armageddon GOLD AND SILVER WILL NOT SAVE US!!?!!
It may save you from the beasts mentioned in revelation Who was the stacker that smelted some silver bullets ?
