Monthly Archives: October 2013

Quote – Norm Franz on Gold, Silver and Debt

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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

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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

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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

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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”

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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:

[videojs mp4=”http://raginggoldenbull.s3.amazonaws.com/video/RagingGoldenBull.com-002-inflation.mp4″ poster = “http://raginggoldenbull.s3.amazonaws.com/video/RagingGoldenBull.com-002-inflation.jpg” height = “360” width = “480”]

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

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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!

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

[videojs
poster = “http://raginggoldenbull.s3.amazonaws.com/video/RagingGoldenBull.com-002-StopThief.jpg” mp4 = “http://raginggoldenbull.s3.amazonaws.com/video/RagingGoldenBull.com-002-StopThief.mp4” height = “360” width = “480”]
[/videojs]

 

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!

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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