The Death of Fiat Currency

Even though silver and gold are both up around 25% for the year, silver has been lagging gold’s recent spike.  Plenty of folks have been asking what’s going on.  In the big picture, what is happening is fiat money is in the process of dying.  Can governments save the fiat system with austerity?  I don’t think so because there is simply too much debt in the world.  What I do know is the rich are turning to physical assets for protection from calamity and inflation.  Silver is used for storing wealth and industrial production.  It is only a matter of time before silver catches up with gold, and most experts say it will go up in price on a percentage basis much more than gold.

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