Why silver is real money!

By David Morgan
In days gone by Silver was not an investment it was money, in fact silver passed through more hands in everyday commerce than any other real money including gold. I state real money to distinguish silver money from modern paper money, which has flooded the world “money” supply the past three decades.

Silver held absolutely no value as an investment when it circulated as money, it served its function perfectly, unit of account, means of payment, and most importantly as a store of value. In 1993 the United States had been off the silver standard for almost thirty years and people forgot how an honest monetary system worked.

You see the need for financial planning and making assumptions on the inflation rate and future economic conditions are for the most part unnecessary when honest money rules the day. Why? Because the common man knows how much saving they will need in the future.

The monetary value is the same in ten, twenty, thirty, fifty or hundred years when the monetary system is honest. In actual fact the prices of things generally move down slightly due to stable money and the ability of people to improve products and services and the natural competitive nature of the free market.