Quote — Norm Franz on Gold, Silver and Debt

Norm Franz takes some quality time out to pose for a photo

Norm Franz — Author and great quo­ta­tion com­pos­er

Gold is the mon­ey of kings, sil­ver is the mon­ey of gen­tle­men, barter is the mon­ey of peas­ants — but debt is the mon­ey of slaves ”

  • Norm Franz (Author, 2001)

Norm Franz is an author and con­cerned about mon­ey. He is also con­cerned about reli­gion and scrip­tures which are not so applic­a­ble to me. But what I can say is that this quote is bang on! It is a mas­ter­ful quote. It is lift­ed from his book Mon­ey and Wealth in the New Mil­len­ni­um (2001).

A much sim­pler ver­sion of the phrase exist­ed for hun­dreds (if not thou­sands) of years before in the form of “Gold is the mon­ey of Kings”.

By buy­ing Gold you can start to get out of our debt based mon­e­tary system…Before it collapses…Which it only a mat­ter of time now…

I think that says it all.

More Gold­en Mon­ey Quotes

© Copy­right MMXIII RagingGoldenBull.com

The Gold Silver Ratio Explained

what is the Gold Silver Ratio, what does it mean, and why is it useful?

The gold sil­ver ratio explained

Today we are going to return to one of the old chest­nuts of the pre­cious
met­al invest­ing world and explain the rela­tion­ship between the two key
met­als gold and sil­ver. Specif­i­cal­ly we will give the answer to the
ques­tion of what is the Gold Sil­ver Ratio mean­ing?

As well you know, gold and sil­ver have been used for the last five
thou­sand years odd as “real mon­ey” and they have always had a tight
rela­tion­ship. Today in our mod­ern world the cen­tral plan­ers have weaned us
onto a paper worth­less cur­ren­cy (aka fake, or more tech­ni­cal­ly fiat
cur­ren­cy
), while they (I guar­an­tee you) are buy­ing and stor­ing up all the
gold and sil­ver they can find with both arms, and feet.

This rela­tion­ship is based on their scarci­ty and how much of it was com­ing
out of the ground — Obvi­ous­ly if one is much more com­mon (Sil­ver) than
the oth­er (Gold), then it is going to be worth less.

Through­out his­to­ry this rela­tion­ship (ratio) has remained fair­ly con­stant
at some­where between twelve to one, and six­teen to one.

So in oth­er words you would need twelve ounces of sil­ver to buy one ounce
of gold. Or Gold was twelve times more valu­able than sil­ver. Some­times you
would need six­teen ounces of Sil­ver to buy one ounce of Gold.

The Gold Silver Ratio Calculation Method

The ration between gold and Silver allows us to better understand market sentiment - and where it may be out of line

Gold Sil­ver Ratio Cal­cu­la­tion

So what is the Gold Sil­ver Ratio today? Well for that we sim­ply do the
sim­ple Gold Sil­ver Ratio Cal­cu­la­tion — Divide the cur­rent USD price of
Gold, into the cur­rent USD price for sil­ver. This gives us 1,350 divid­ed
by 22.6 which gives us a ratio of 59.7. So let’s call it 60! This is today
as of this writ­ing — This will change dras­ti­cal­ly in the future and I
invite you to revis­it this page five years from now!

This means that today we would need 60 ounces of Sil­ver to buy one sin­gle
ounce of Gold. That means the ratio is very high, and at some point it
will revert back to the his­tor­i­cal mean (as me men­tioned above, some­where
between twelve and six­teen).

See this ten year Gold Sil­ver ratio his­tor­i­cal chart here:

RagingGoldenBull.com_Gold-Silver-Ratio-10-Year-Chart

Start allo­cat­ing some of your invest­ing mon­ey today in some Sil­ver to
com­pli­ment your Gold in your per­son­al Pre­cious Met­als hold­ings — would be a
very smart thing to do. So don’t delay! Start to action that task today!

© Copy­right MMXIII RagingGoldenBull.com

Global Wealth Distribution 2013

Cred­it Suisse have just released their lat­est Glob­al Wealth Data­book 2013

The most inter­est­ing point is this dia­gram rep­re­sent­ing Glob­al Wealth dis­tri­b­u­tion:

distribution of wealth around the world for 2013

Glob­al Wealth Pyra­mid 2013

If you have a net worth of over 1m USD then con­grat­u­la­tions — you have done extreme­ly well. You are in the top 0.7% of the Worlds Pop­u­la­tion. You lucky, lucky, lucky .… Stag­ger­ing. Con­verse­ly almost 70% of the world have less than 10k USD wealth.

Here’s an inter­est­ing quote from the report:

Apart from the rich lists, which cov­er a rel­a­tive­ly small num­ber of named indi­vid­u­als, there is a  scarci­ty of infor­ma­tion on wealth hold­ings above USD 1 mil­lion. Sur­vey details are patchy at best, and offi­cial sta­tis­tics based on tax returns are often inad­e­quate giv­en the com­plex­i­ty of  wealth own­er­ship arrange­ments.

Down­load a copy of the PDF report here — its inter­est­ing read­ing. And while you are there grab a copy of the Glob­al Wealth Report 2013 — it’s worth a skim too.

© Copy­right MMXIII RagingGoldenBull.com

Rethink Your Finances — Gold and Silver Is The Only Real Money

The cur­rent illu­sion of mon­ey and finance are the biggest decep­tion in known his­to­ry.

Our lead­ers (against our bet­ter needs) have tak­en our mon­ey (gold and sil­ver was mon­ey for the last five thou­sand years) and replaced it with a bro­ken, worth­less cur­ren­cy.

You know this to be true and is born out every sin­gle day by the cease­less manip­u­la­tion of banks, stock quotes, ETF’s, gold and sil­ver prices, and indeed the stock of Gold and Sil­ver them­selves sup­pos­ed­ly held by the sov­er­eigns — in our so called Bank­ing & Invest­ment sec­tor.

Let us now join togeth­er and call it by it’s one true name — Theft.

Video — “Inflation — The Secret Killer”

Here is a short intro­duc­tion to infla­tion that I pro­duced because most peo­ple are total­ly unaware or just not aware of what infla­tion is and how it is actu­al­ly caused — Enjoy:

By the way, this is dif­fer­ent con­tent from the blog entry — It just start­ed going in a dif­fer­ent direc­tion!

As usu­al we wel­come your feed­back.
P.S.
For your fur­ther view­ing plea­sure check­out these oth­er engag­ing videos.

© Copy­right MMXIII RagingGoldenBull.com

Inflation — The Most Unjust of Taxes

The Romans were masters of debasing currency, or coinage as it was back then

Clipped Roman Sil­ver coins — Debase­ment alive and well long, long ago

Most peo­ple, myself includ­ed, have been sly­ly brought up to nev­er think about infla­tion as a form of direct gov­ern­ment tax­a­tion. But that is exact­ly what it is. Make no mis­take about that.

You see long ago (in days of olde, when Knights were bold), it became clear that once you start tax­ing peo­ple above the for­ties rate, at about 45% and above peo­ple start to squeal. The Kings, mon­archs, princes, and Dukes need­ed rev­enues to fund their mani­ac wars. It became clear that you just can’t keep notch­ing up the rate of tax­a­tion — much to the both­er­a­tion of the rul­ing class­es, as they would just revolt — and that was pret­ty bor­ing sit­u­a­tion to deal with.

I did­n’t take long for them to realise that all they had to do what debase the cur­ren­cy. A tech­ni­cal term for remov­ing some of the mon­ey from the mon­ey itself. Tech­ni­cal­ly it’s called steal­ing. If you tried this they would throw you in jail.

Back in the day a wedge would be cut out of the coins that were actu­al­ly made of gold, sil­ver and mix­es there­of. If the lord of the manor need­ed more mon­ey he would just legal­ly” debase the coin (cur­ren­cy of the day).

Back then it was bleed­in’ obvi­ous that some­one had hacked a chunk out of the gold coin. The more sly rulers would actu­al­ly replace the met­als with oth­ers.

Today, how­ev­er the con­trol lords have reached the ulti­mate form of debase­ment Nir­vana. This is why it can­not last. We are all total­ly blind to the debase­ment. There are two ways that are over­lords man­age this debase­ment:

  • Mon­ey Print­ing (so-called Quan­ti­ta­tive Eas­ing)
  • Frac­tion­al Reserve Bank­ing

so to con­clude — Infla­tion is used and manip­u­lat­ed by Gov­ern­ment to it’s own ends for at least half a mil­len­ni­um and that is a hard drug to give up.

We no longer have a sound eco­nom­ic finan­cial sys­tem — It has long been replaced by a dys­func­tion­al Ponzi Scheme.

Make ready your plans.

© Copy­right MMXIII RagingGoldenBull.com

Video — “Stop Thief!” — I am Being Robbed Blind!

Just made a Screen­cast of yes­ter­days Post called “Stop Thief! I’m being Robbed Blind!” — check-it out here:

 

Enjoy! As usu­al let’s us know what you think and give us your feed­back.

P.S.
This video is also post­ed on http://www.youtube.com/RagingGoldenBull

© Copy­right MMXIII RagingGoldenBull.com

Stop Thief!” — I am Being Robbed Blind!

We are surrounded by the Thievery Coporation - arm yourself with knowledge, a plan and take action now!

The Mas­ter Thief — But just who is it?

Most of humankind are being fleeced every­day and for the most part they are not even aware of it. Let me elab­o­rate if I may. In fact this has gone on for so long (longer than any­one alive can remem­ber), and so con­sis­tent­ly that peo­ple now think that this is nor­mal. How­ev­er, I am here to tell you — this is any­thing but.

Ques­tion: What was the price of an ounce of Gold in USD on May 1st 1933?

Answer: 20.67 USD/Ounce

Ok, so anoth­er ques­tion — just to make the point.

Ques­tion: What was the price of an ounce of Gold in USD on May 1st 2013?

Answer: 1,400 USD/Ounce (approx.)

So what’s the deal here?

The point is eas­i­er to under­stand if we invert the num­bers and take the rec­i­p­ro­cal (i.e.divide 1/[gold-price]). Refer to the fol­low­ing table:

Gold Price-Change Overview (1933 – 2013)

Gold Price-Change Overview (1933 – 2013)

Now it’s a bit clear­er to see what is going on. In 1933 one US Dol­lar would buy you 1/20th on an ounce of pure gold.

But if you try that today, you are only going to get 1/1400 on ounce of Gold.

Struth, I have been robbed! And you have been unless you took the time to buy a lit­tle Gold and/or Sil­ver.

Back in 1933 the US Dol­lar was real­ly pret­ty valu­able (com­pared to today at least!).

So just how do you think this grand theft took place? Have a pon­der and I will cov­er more next time. Till then, “Keep Stackin’ ” …

© Copy­right MMXIII RagingGoldenBull.com