Precious metal

A precious metal is a rare, naturally occurring metallic chemical element that is often used as currency.

Quotes

"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants and debt is the money of slaves." -- Traditional

Examples

Some say that copper-jacketed lead (ammunition) is a precious metal. Seriously, its ROI is often better than silver or gold.

See Also

• Barter
• Gold
• Gold standard
• Silver
• Inflation hedge - Hedge against inflation
• Invest in tangibles

• National debt: Federal Reserve System's Ponzi scheme of Quantitative easing-Debt monetization devaluation of Fiat currency through Money supply-Treasury bills bought mostly by China and Japan

• Economic collapse: Inflation, Agflation, Deflation, Stagflation, Hyperinflation, Panic of 1907, Panic of 1893, Panic of 1837, Eurozone Crisis

• Stock market crash (Stock market crash of 1929) leading to Bank runs and Great Depression (Economic depression)

• Economic bubbles: The Coming Derivatives bubble, Real estate bubble (Subprime loans, Bailout, Obama administration corporate bailouts), Dot com bubble (Tulip mania)

• Financial Crisis of 2008 leading to Recession of 2008 (Recession), Economic stimulus, American Recovery and Reinvestment Act of 2009, Recovery Summer 2010

• Obamanomics: Obamunism Economic planning of the Obama administration fiscal policy, Obama administration monetary policy, Obamacare, Federal funding via Crony capitalism (Obama donor list), Deficit spending, Similarities between Communism, Nazism and liberalism, Obamageddon

• John Maynard Keynes' liberal Keynesian economics of Barack Obama
• Ludwig von Mises' conservative libertarian Austrian economics and Fiscal conservatism-Conservative economic policies of Ron Paul

• Big Government-Welfare State-Nanny State-Police State: Globalist-Statist-Socialist-Communist Naughty States

External Links

• JM Bullion sells gold and silver, and offers discounts to MSB