Honest Work For Honest Silver Pay
I got mentally burned out yesterday from all of the work I am doing on the blog and the New Sons of Liberty Academy.
I usually get up at 5 am to get though a loaded email box and maybe write an article or two before the kids get up. Normally, I get my best work done during this time, but yesterday I just could not think. Instead of making a cup of coffee and muscling through the writer’s block, I decided to take a break and do some work outside since it was so nice outside.
I had put in 4 raised garden beds this spring and with no gardening experience, I turned out quite harvest so far. One problem I did have is that it looked awful, because there was so much grass growing between the boxes. I had to weed whack it every week just to make it presentable. So I got it in my head that I was going to lay river stone down and solve that problem once and for all. 10 hours later, I had laid 4,000 pounds of stone. Today, I am physically beat with a red neck and sore all over. The good thing is that I am cleared of my writer’s block and my garden looks awesome. There is nothing like the sense of accomplishment you get from doing work like this.
This one day of hard labor ties into another point I wanted to make before the writer’s block.
This past Sunday I sat down and watched a movie I had not watched in ten years called Far and Away with Tom Cruise and Nichole Kidman. I recommend watching it again in light of what we are going through with the economy. The movie starts out with the tenet farmers (slaves) protesting a raise in rents on their lands. Tom Cruise’s dad is killed and Tom swears revenge upon the landlord. His father’s dying wish is for his son to work his own land one day and be free. Without going into the whole story and the huge wealth disparity or lack of freedom, justice or middle class, Tom and Nichole rush off to America to get free land that America is giving away. I first found it interesting that Nichole’s character transferred her wealth from Ireland to the US in silver spoons. (Hint… Hint…)
When they arrived in America they we met with all sorts of problems including the theft of the silver and a murder.
They were plunged into the bowels of society and end up living in a whore house. They finally land jobs working at a hot chicken factory. There they worked 12 hours a day using steam hoses to take all of the feathers off of chickens. One night Tom gets fired up and goes to the local bar to do some prize fighting. He comes home drunk and beat up with 4 dollars in his boot. Then came the one comment that hit me like a rock. Nichole said that $4 was more money than she would make in a month at the chicken factory.
This brings me back to a point that I have been trying to hammer into silver investors heads about the true value of silver.
( Read: A Historical case for $960 silver and Retire Off of $30,000) Throughout all of history and 2/3rds of the world today, 12 hours of hard human labor is worth about 1/10th of an ounce of silver. These chicken factory workers earned about 10¢ a day back when a dime was 1/1oth of an ounce of silver. This was true all the way back to Roman times when Roman soldiers made a Denarius a day or 1/10th of an ounce of silver. The $4 dollars Tom won prize fighting, was more than she would earn in 40 days of continuous hard labor at the chicken factory.
Stop worrying about the dollar value of silver.
If you are buying and stacking physical silver for the collapse of the dollar and the entire paper empire, then the dollar value means absolutely nothing. The dollar won’t exist so it will go way beyond $100, $1,000 or $1,000,000,000 silver. If you cannot use the dollar to measure value, you then have to create another measuring stick of value and the best one is ratio investing. This is where you value assets against each other without the corrupt illusion of the manipulated dollar.
For example, the current gold to silver ratio is 1:45 and it would take 45 ounces of silver to buy one ounce of gold. If you understand that the ratio that gold and silver are mined out of the earth is 1:10 then it becomes obvious that silver is at least 4 times under valued to gold. Regardless what happens to the dollar value of gold and silver, silver should at some point go from 45 ounces of silver to buy one ounce of gold to 10 ounces of silver to one ounce of gold. You should also realize that throughout all of human history gold has been treasured and kept safe and that in the modern era, sliver has been used, abused and thrown away as an industrial metal. You should see that there is much less than the 1:10 ratio available and that there is a good case for 1:1 gold to silver ratio. This means that silver is incredibly undervalued to gold just on a ratio basis alone.
After all of the work I did yesterday, I know first hand what it is like to put in a hard day of manual labor. To think that I would have only earned 1/1oth of an ounce of silver for that labor, would have been a shock to say the least. Well without our inflated dollar skewing our sense of value and without the massive fraud on the CRIMEX suppressing the silver price, that is exactly what I would have been paid. I would bet that it would take me 10 hours on average to find 1/10th of an ounce an silver. Watch this video from Treasure of Sierra Madre to put this idea into perspective.
Let’s put it another way, I would have probably had to have paid some one $10 an hour for 10 hours to do what I did yesterday. (And they probably would not have done as good of a job.) If we take that $100 value for the labor and relate that to 1/10th of an ounce of silver that works out to $1,000 an ounce for silver. The sick thing is, that is what it is valued today. It does not take into consideration the trillions of future deficits, bailouts, unfunded liabilities and economic collapse.
We are running out of time where you can buy this incredible value.
If you do not go out today and buy yourself at least on ounce of silver, I think you are a fool. (Read: Who Cares About Your Bet, If The Casino Is Getting Demolished?!) I have spent the past 7 months putting together every reason in the world to get you to buy physical silver. (Read the Ultimate Silver Investor.) It is by far the best investment opportunity in human history. In the face of the single largest event in human history, the collapse of the dollar, where else can you get so much real value AND fight against the empire based on spreading debt and death? (Read: The Silver Bullet and the Silver Shield.)