Would it be wise to invest into silver even though one might not have much to invest with? Thanks in advance.
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I think that military isn't telling us jack-shit right now, and for good reason.
"Everyone knows the winner will be the side that controls the gold."
The total value of all the gold in the world is less than ten trillion dollars. It's really not important anymore, because you can't make anything with it. But they sure will sell you on the idea.
It'll never become a purely industrial metal because it's pretty, but its days of being a primary store of wealth have long since been superseded by shares in land, energy, and processing power.
Gold is not a good basis for a currency. 1. It has very little practical use and so does not reflect actual wealth of a society, 2.its ownership is narrowly distributed amongst the already rich and powerful, it is a very limited supply and so vulnerable to monopolization and price manipulation.
Our currency is best backed by wheat, which remedies all the above.