Gold and Silver has been used as a medium of exchange for thousands of years and is considered "real money". In order to truly under the real value of Gold and Silver and the importance of it, you must first understand the history of it. Please watch the video below.
Why is the Gold to Silver Ratio Important?
There is about fifteen times more silver on earth than gold. The chart above indicates the gold to silver ratios throughout history. In 2015 it takes about seventy five (75) ounces of silver to buy one (1) ounce of gold. I know this seems puzzling at first and may not initially make sense, but when you understand the commodities price manipulation scam, it becomes even more clear. Silver is one of the best precious metal investments and has a track record of outperforming gold. Silver is not only used as a store of value like gold but is also used in many industries such as jewelry, healthcare and electronics. Think about every computer, cell phone, television, solar panels and many other electronics that use small amounts of silver. Once these devices get old they are typically thrown out and eventually make their way to a landfill. Gold on the other hand is typically stored and buried in vaults. Over time this is changing the gold and silver ratios. But why isn't the gold and silver ratios going down? That's where the fraud and price manipulation becomes increasingly evident. This makes silver an even better investment than gold. One day silver could potentially become worth as much as gold.
100 Troy oz .999 Silver Bullion Bars
What is the Petro-dollar?
In 1945 the Bretton Woods Agreement which was made up of 44 allied nations came into effect. This not only created the International Monetary Fund but gave the U.S dollar a huge distinct financial advantage over the rest of the world. All commodities became priced in U.S dollars with the agreement that would set the price of gold at a fixed $35 per ounce. In 1971, President Nixon took the U.S Dollar off the gold standard and the bretton woods agreement came to an end. The U.S dollar became a fiat paper currency that wasn't backed by anything besides the other dollars that were already in circulation. This caused even more inflation and the currency became even more devalued. In 1973, Nixon met with the King of Saudi Arabia and came to an agreement. In exchange for military protection, Saudi Arabia agreed to only sell their oil in U.S dollars. This created a demand for the paper currency and the petrodollar was created. Other OPEC nations followed suit and for military protection and other incentives given, most of the worlds Oil supply was controlled by the U.S dollar. Meaning when any country in the world purchases oil, they must convert their currency into U.S dollars first. This gave the U.S dollar a competitive financial advantage over the rest of the world. It was one of the biggest financial thefts in the history of the world. Paper dollars printed by a machine goes out while Cheap oil and goods comes in. This is a huge part of U.S history that most people don't really understand.
The Petro-Dollar Explained