The majority of precious metals investors do not understand the important fundamental factor to acquire and hold gold and silver. While most precious metals analysts promote investing in gold and silver due to the highly leveraged money supply, debt, and derivatives, they fail to warn about the “Energy Impact Factor.”
In my newest video update, The Amazing Untold Facts About Gold & Silver Investing, I discuss why energy is the primary driver of the economy and will be the leading force pushing the value of gold and silver to new highs. Analysts suggesting that the value of gold should be based on the debt backing all the outstanding Federal Reserve Notes do not account for the ENERGY that allows the money supply to function.
Furthermore, most precious metals analysts do not explain how the cost to produce gold and silver is directly tied to their current market value and ratio. In the video, I discuss that Barrick Gold consumes 52 times more diesel (gasoline and fuel oil) to produce an ounce of gold than Pan American Silver does to supply an ounce of silver.
Moreover, I show just how little silver is held by Central Banks versus gold. In the video, I stated that the Central banks held 100 times more gold (value) than silver. However, I failed to add one more ZERO. Actually, the Central Banks hold 1,000 times the value of gold than silver. This, along with the fact that there aren’t that much more above-ground investment silver stocks in the world as there is gold, will make SILVER the GO TO ASSET in the future.
Lastly, in the video, I stated that Jean-Marc Jancovici did a presentation in front of the OECD on why “Classical Economics” is pure RUBBISH and also that Energy is the leading driver of the world’s economy. I highly recommend you watch his presentation below… which was sent to me by a new follower:
Jean-Marc explains that the Classical Economists, even today, totally disregard the resource in their models. Thus, not only is Classical Economics taught in Universities, useless, even the Austrian School of Economics also ignores the resource base and do not truly understand the Thermodynamics of oil depletion or the Falling EROI – Energy Returned On Investment.
I found it quite fascinating that Jean-Marc stated the peak of the U.S. Shale Oil Industry would be the peak of Global GDP… for good. Virtually no Economists understand this factor. Thus, the peak of U.S. Shale Oil Production will help collapse the highly leveraged Fiat Monetary Debt-based System. It would be very wise to own precious metals at this time… and likely before. Those who try to time the collapse to get into precious metals might find out their assets won’t buy as much then as it would NOW.
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