저자: JimRogers&RafiFarber · 외국인
요약 보기
미국 건국 이래 은이 화폐 기반이었다는 역사를 강조하며, 국가부채 누적과 법정화폐 불신을 근거로 귀금속 보유를 주장한다. 주식·채권은 대부분 매도했고 금·은은 보유 및 추가 매수 의향을 밝혔다. 금은비율이 15:1 근처로 갈 것이며 은이 곧 120달러를 넘어 폭등할 수 있다고 보고, 일본발 금융위기 가능성과 하이퍼인플레이션 시나리오를 제시한다. 자산 분산 차원에서 정크실버나 100온스 바 보관을 권장한다.
다듬은 글
When the United States was founded, it was based on silver. 1792 or whatever, the currency was based on silver and that lasted for a long time. I I repeat, silver throughout history has often been the metal of choice or the backing of choice for governments has been the currency or the backing of currencies for many governments for a long time.
I repeat, Jesus Christ was sold for 30 pieces of silver because he didn't And then silver was extremely valuable to everybody. Silver is the ultimate divestment because it gets you out of the system. It's even more of a divestment than gold because um when the whole thing goes down, uh I believe the the gold silver ratio as we've I've said before is going to go somewhere near 15 to one.
So, silver is the ultimate divestment from the system. Monetary history proves that tangible commodities outlast every fiat currency regime when national debt spiral out of control. When sovereign stability deteriorates, precious metals consistently serve as the primary vehicle to preserve real wealth and purchasing power.
Jim Rogers, an acclaimed international investor and author, alongside Rafi Farber, an insightful economic analyst and commentator, emphasize that central banks and politicians have completely abandoned fiscal discipline. They predict that broader global stock markets face a massive collapse, yet physical gold and silver will hold strong through the financial storm.
Furthermore, sovereign nations such as China are predicted to aggressively expand their gold and silver reserves rather than holding depreciating United States Treasuries. With America standing as the largest debtor nation in world history, unbacked paper currency will continue to lose value as bureaucrats print money to protect their administrative positions.
Just as Britain became a distressed debtor case a century ago, the The States is heading towards severe economic hardship. Turning toward physical precious metals remains the most reliable defense against the ongoing destruction of paper currency. Now, we present the clips from their would suspect that the Chinese will add more gold and add more silver, as will many people in the world.
I mean, I don't think they're going to add more treasury US treasury bills or treasury bonds. Uh I would imagine they would increase the gold and silver. I mean, China's been buying gold and silver for hundreds of years. It's part of their DNA. But, I've sold my shares in in all countries except China and the US.
I mean, China and Uzbekistan. Okay. I still own some Chinese shares and some Uzbekistan shares, but I've sold everything else. I have essentially sold all my stocks and bonds. I have not sold my gold and silver. That is a different world uh from what I thought we were talking about. Uh I don't think that gold and silver are going to collapse.
Stocks might collapse in the world, but I doubt if gold and silver will. I hope I'm smart enough to buy more gold and silver if prices are good. Mhm. I have not sold my gold and silver. We're one fault line away from the final crisis. We Everyone knows it's coming. Nobody knows exactly what's going to trigger it.
I think it's going to be Japan, or when Japan falls, it's all going to end. Um so, stack what you can until then. Take advantage of any price under 120 because once we go north of that, you know, here Well, okay. So, here's here's what I'm thinking. Um you know, it took uh let's see 1980 to 2011. It took 2 31 years, right?
31 years to get from 50 to 50 and it took 2026. What is it? 2011? It took 15 16 years to get from 50 to 120 to the next 50 to then 120. How long is it going to take to get from 120 down to 120? It's not going to be 15 years. It's not going to be 30 years. It's probably or something. It could be a few months.
I don't think it's going to be 5 to 10 years. It could it could be a few months. So, maybe when we go past 120 this time, there's no turning back. You know, you want to You don't want to test it. Just stack what you can now. Don't go crazy. Just uh if maybe you instead of 10% a month, you can do 15 20% a month and and tighten your belt a little bit.
You know, but that's that's what I'm doing. I'm tightening my belt and stacking more. I'm getting pri- kind of worried that it's coming soon. Um I say that a lot, but I I'm It's like I'm feeling it now. I don't know I don't know how to describe that, but um we'll we'll get through it. I don't know how, but um everything will be will be okay.
The modern financial architecture sits right on the edge of a catastrophic breakdown. A financial fault line in Japan is predicted to trigger the systemic collapse ending decades of debt-fueled stability. As this economic unwinding takes hold, the gold to silver ratio is predicted to plunge toward 15 to 1.
Turning silver into the ultimate vehicle to divest from failing banking networks. While previous bull markets took decades to reach prior peaks, silver is predicted to surpass 120 in just a few months rather than years. Once the price moves north of 120, the market will experience an irreversible parabolic run.
Tightening expenses to accumulate physical metal under current levels offers crucial protection before physical supply disappears. Moving 15 to 20% of monthly savings into private vaults ensures vital security before the final crisis hits. Now, let's get back to the interview. Silver is the ultimate divestment because it gets you out of the system.
It's even more of a divestment than gold because when the whole thing goes down, I believe the the silver ratio is I've said before is going to go somewhere near 15 to one. So, silver is the ultimate divestment from the system. So, the question is how much do you want to divest? And when you divest, you don't do it all at once.
You you do it over time. If you earn a paycheck, put a certain amount of certain percentage of it in silver, put some in a private vault, put some in your house, not too much, but you want some with you. You can even buy some in an ETF if you want. I wouldn't put all of it in an ETF, but I don't think ETFs are completely dumb.
I think they have some practicalities to them, though I wouldn't trust them in a crisis. They're good for now. So, spread it around. I would I would stick with junk silver, but you know, you can get a 100 oz bar is better than not having any. Um Mhm. So, as long if you have if you have some of a whole bunch of denominations, you have enough junk silver and you want to save some money.
So, get a 100 oz bar if you want, but you know, I wouldn't I wouldn't get too much silver because it's going to be very volatile. You want to calm yourself down with some gold. It's going to be a lot less volatile, but ultimately silver will outperform. The question is will you be able to time it? And most of us won't be able to as much as we think that we will, we won't.
We saw the lights flickering on coin shops when silver was going parabolic. We saw that. Yeah. They they were shutting them because they couldn't hedge. So, I I I do I I I wouldn't say I think, I know that it it makes sense that that when silver does go parabolic because the dollar is in its final weeks or days.
Uh coin shops are going to shut down. No one's going to sell coins, so you're not going to be able to get them, and which is why the dollar price will keep going up and up and up because no one will be able to sell any. And then at at a certain point um there just won't be any exchanges being made silver for dollars, so then instead there will be silver for food, silver for cars, silver for houses.
Uh silver for stuff, which makes silver the money and dollar the credit that doesn't work. Credit can die, money cannot. Right. Money is money because it's a thing. Credit is credit because it's based on money, but when the so credit can die, money cannot. Credit is Credit works because it's based on money, but at a certain point the uh the the the connection just uh between credit and money gets blown up, which is what we call what I call the end game, what some people call hyperinflation.
Yeah. Um or the crack-up boom, or whatever you want to call it. It's all the same thing for different terms for the same thing. They know that printing money is very easy and might help them. So, I don't Most governments in the world know how to print money now and know the advantages of printing money.
I mean, the the days when people worried about things like debt or stability of the currency, those days are long gone. And now all the bureaucrats want to keep their jobs and keeping their jobs is easy if you print money. Central banks, I mean, they're all bureaucrats and they all want to take the easy way, and the easy way is to print and buy, print and buy, and they will do it.
And if the US is the largest debtor nation in the history of the world, look out the window. These are not good times for the US. I'm a US citizen. My family, we're all US citizens. But we can add, the US is going to face serious problems and they're getting worse and worse and worse. Now, of course, Washington says, "Don't worry.
Don't worry. They say we've got things under control." But, I can add and I can subtract. 100 years ago, Britain said, "Don't worry." And they became a gigantic distress case cuz they were such a big debtor. And they continued to add to the debt. I mean, Danny, this is simple history. Just get out your history.
Don't listen to me. Get out your history books. I Everybody has to do their own thing, but I own gold, I own silver, and I plan to buy more. I am not selling my any of my gold and silver. And I plan to buy more. I know that nearly Well, many countries in the world have gigantic debts now. Nearly every government in the world now is is has been and is printing money.
My reading of history says that I need to be protected, and that gold and silver probably will protect me. I mean, if gold If people start confiscating gold and silver, it will make gold and silver more valuable to some people. That makes it harder. You know, if the government comes around and knocks on your door, looks under your bed, you don't want them to see your gold.
But, we all have to adjust. And there have been many periods in world history when governments have been very anti-gold and silver. People have figured out ways ways to adjust and to adapt. I hope I can. The terminal phase of monetary expansion culminates when the artificial connection between credit and real money completely breaks down.
During the final hyperinflationary surge, physical coin shops will shut down because merchants will be unable to hedge runaway prices. Paper exchange rates will become entirely meaningless as fiat transactions cease across daily trade. Physical silver is predicted to re-emerge as actual circulating money traded directly for essential goods, food, vehicles, and real estate.
Unbacked credit can easily die, but tangible money remains an enduring asset that cannot be erased. Facing overwhelming obligations, desperate bureaucrats will continuously print paper and may eventually attempt gold and silver confiscation. However, official hostility only drives the public demand for precious metals higher.
By maintaining junk silver in physical bars across home storage and private vaults, individuals can adapt to severe government interventions and safeguard their independence when fiat credit reaches its end. .
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