With the precious metals market in the doldrums and at the bottom of a thirty month correction, there has definitely been some hand wringing and a whole bunch of moping from investors who purchased gold and silver at or near the 2011 highs. This is natural and to be expected. Nobody wants to lose money. People purchase investments ostensibly to make money – hopefully, a lot of it.

Here at the trading desk of Liberty Gold and Silver, we hear our share of complaints as well. However, the complaints originate predominantly from a small minority of our customers. A synopsis of the fundamental attitudes of this minority goes something like this: “We bought our gold and silver not for fundamental reasons, such as safety and security, but solely to make a so-called quick “paper” profit in the same way that stock day traders and house flippers do. Precious metals are simply another trading vehicle, no different than any other that is strictly used for financial gain; and we got into this because we noticed the markets were surging just like the recent Bitcoin phenomenon and we wanted to get in on the exciting fast action.”

The basic problem with this thinking, as we see it, stems from a complete lack of understanding of the history of failed empires, paper money, and world reserve currencies. A solid study of the above can lead to one and only one conclusion. In the collapse of any financial or social system, precious metals have not only proved invaluable, but ABSOLUTELY MANDATORY for citizens caught up in the unbelievable chaos and suffering that arises from such a collapse. This is an historical fact.

WeimarRepublicHyperinflationThere is a very old proverb relating to the necessity for precious metals whose origin has long been forgotten. It is this; “Silver will feed you, gold will save your life.” Allow me to share a very pointed story told to me a few decades back by a dear now departed friend. His name was Nicholas Bierman. Nick was a great teacher and mentor to me and assisted me in one of the darkest and loneliest periods of my life. Nick was a German Jew. His father owned a successful printing company whose business began to suffer decline following Germany’s defeat in World War I. The nation was devastated and profoundly in debt. Its government, the Weimar Republic, decided it would follow the path that all deeply indebted governments do when they cannot pay their financial obligations. It began to crank up the printing presses and attempt to inflate (print its way) out of the deep hole in which it found itself.

Nick’s father being the prudent type decided that he would begin converting all his excess company profits into gold coins as a safety measure. At the end of the First World War, an ounce of gold for about forty German marks. By 1925, the German mark had been destroyed by raging hyperinflation and it took over one trillion marks to buy that same ounce of gold. A loaf of bread went for billions of marks. Social chaos reigned. Well to do citizens found themselves begging in the streets almost overnight. All distribution channels for food and necessities collapsed as credit dried up and banks failed one after another. There were riots in the streets. Countless people starved or were killed. In this environment, the fascist Brown Shirts, led by Adolph Hitler began their ascension to power.

Stroop Report 2/4 Record Group 038 United States Counsel for the Prosecution of Axis Criminality; United States Exhibits, 1933-46 HMS Asset Id: HF1-88454435 ReDiscovery Number: 06315

However, Nick’s father was able to provide for food and other necessities by bartering a small portion of his gold. Their family survived the great post World War I depression and profited afterwards. Nick’s father never forgot this lesson and tenaciously held onto the remainder of his gold even when the German economy fully recovered by the mid-1930s. He instructed his son about the absolute necessity of keeping gold as the ultimate insurance policy. It is a good thing he did for the family was soon to need it again. As the Nazi persecution of Jews escalated, Nick’s father was forced out of his business and had many of his financial assets seized but he still had his gold. Nick, his father, and sister decided that they had to escape if they were to survive. Nick was a teenager at the time.

The family packed up everything they could carry with them and loaded it into their old Mercedes and made a desperate back road pilgrimage to a German port city on the Baltic Sea. They had to drive around many identification checkpoints along the way to avoid Nazi guards looking for escaping Jews. Finally arriving at their destination, Nick’s father hid his children in a dilapidated rental house while he spent a week finally locating a Norwegian fishing captain whom he could bribe to take his family out of the country.

The only thing that finally swayed the Norwegian was a very large payment in German gold coins. Once in Norway, Nick’s family surreptitiously crossed into Sweden. Once there, Nick’s father used all his remaining gold to secure passports, visas, and transportation to the United States. His dad had a contact in St. Louis who helped them relocate there. When they finally settled in St. Louis, they had less than $100 left of their savings, but they were ALIVE!

Nick grew up, got married, raised a family and, incidentally, became a millionaire, but he never lost his gratitude or lost track of the lessons he had learned. I am very grateful that he shared them with me. If he hadn’t, our company, Liberty Gold and Silver, would not exist.

Now as I look back over my life and watch the criminal mismanagement of our fine country along with the unbridled greed and corruption within the banking and political environment that has stolen our nation’s wealth, reduced over fifty million Americans to food stamps, eviscerated trillions in pension benefits for retirees, and eroded the US dollar’s purchasing power by over 98% in the last century, I realize it is now more necessary than ever for all our citizens to quit worrying about how to get rich fast and to concern themselves with saving whatever is left of their financial assets.

WalmartFoodRiotLast month, a computer glitch temporarily shut down food stamp cards in several southern states. What resulted was mass rioting and looting of various Walmarts and other grocery stores. When we simply consider the insanity that prevailed at the recent Black Friday shopping melees all across the country, where people were beating and shooting each other in an insane attempt to SPEND their hard earned money on Chinese junk, it should force us to ponder how bad it will be when this financial system completely blows up. And let me assure you, blow it will.

Since the turn of the century, the United States has lost 58,000 manufacturing companies and has seen all forms of debt, government, corporate, and personal rise to $300 trillion, three times our gross domestic product. Ladies and gentlemen, we cannot borrow our way to prosperity. There is going to be a heavy price to pay for this foolishness. A great calamity is approaching day by day, make no mistake about it. It is time for all of us to reconsider our priorities. We strongly recommend that investment in gold and silver be part of them.

Mike McGill
Chief Operations Officer

To learn more about the rewards of precious metals investing, including how to fund your existing IRA with gold or silver, call Liberty Gold and Silver seven days a week at 888.751.3330. To learn about the most generous affiliate marketing program in the precious metals industry, please visit the Liberty Gold and Silver Affiliate Marketing Program. We're happy to spend as much time as you need to discuss the details with you.

© Copyright 2013 Liberty Gold and Silver, All rights Reserved.
Written For: Liberty Gold and Silver News Blog

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  1. Mike McGill

    We would like Reprint Permission of your insightful and timely “FORGET ABOUT TRYING TO GET RICH WITH GOLD AND SILVER YOU’RE GOING TO NEED IT TO SURVIVE.” Your website would receive full credits.

    The article would receive marketing exposure to our affluent readership in 174 countries and all 5o US states. Pls advise soonest.

    * * * * * * * * *
    I.M. Vronsky

  2. Bill says:

    But no mention from you about World Jewry that openly declared war ON Germany in 1933…See London Daily Express Headline.

    That’s odd Tomate Bubble website has lots of great info on Germany and truth.

    But we agree on gold and its importance as insurance.

  3. Mike Smith says:

    I call bullshit. The author states the fucking kikes had to avoid checkpoints put in place to stop escaping Jews. Well in fact, Jews were ENCOURAGED to emmigrate from Der Vaterland during the timframe mentioned. Quit blaming Germans asshole.

    • Robin says:

      Yes Mike, that is true in the initial years of Nazi rule. However, in the months just prior to the commencement of WWII with Hitler’s decision to invade Poland in September 1939, emigration had been completely halted for Jews. It was under thus environment during the summer of 1939 when Nicks family escaped. I hope that clarifies that for you.

  4. Strawman says:

    Completely agree with the sentiment of this article. I have always had a thing for G/S. Going back to my boyhood years when the government did away with silver in the pocket change I would occasionally come across. One day the familiar old sound of a silver quarter clanking against the other coins made me curious as to why certain coins were disappearing. A knowledgeable neighbor filled me in on the why’s of it and its significance. Been collecting ever since. Not for profit, but someday, when it comes right down to it, will I accept FRN’s for goods or services? Neither will anyone else. Save all denominations of silver and gold when you can. Certain companies even sell copper collectible coins as well. Very cheap now and gold, silver, copper have always been recognized as currency. Be prepared.

  5. Robert Davis says:

    Thank you for a very well-written and informative article. Eloquent. Truthful.

    The American people are sleep-walking to their coming disaster. Much like those who remained in Eastern Europe, not believing what they were being told was to come soon.

    History teaches, over and over again, how the criminal and foolish policies of the American Government are going to conclude. Our leaders are either liars or fools, and the people are complicit in the lies of the leadership. Discipline and hard work is too difficult for the American people to consider, so the tides of history will wash over them ( again ) and teach the necessary lessons: Hard work. Discipline. Learning. Frugality. Hard money.

    Well, I have said too much. May your words save those whom will listen. What will happen to the remainder is already settled.


  6. RUSS SMITH says:

    Hi!, Patrons Of Liberty Gold & Silver Et Al:

    Daniel Webster (the creator of Webster’s Dictionary) once announced: “Of all the contrivances ever designed for cheating the laboring classes of mankind; none has been more successful than that which deludes them with issues of irredeemable, fiat, I Owe You Nothing paper money!!”

    RUSS SMITH, CA. (One Of Our Broke, Fiat Money States)

  7. sue says:

    Thank you for sharing Nick’s family story.. Have you heard of a book called Gold Warriors {Yamashitos gold} By Peggy and Sterling Seagrave, a very good read. The really amazing story about WWII. Sue

  8. Eloise Poole says:

    Thanks Mike for this great and informative article. I will be calling you
    about funding my IRA with gold/silver- something I didn’t know I could do.
    You have always steered me in the right direction in terms of my precious metal investments.
    A loyal customer,
    Eloise Poole

  9. super real says:

    meaning they normally are NOT a great idea
    for folks in dire straits the prospective demo super real and once re-elected, these democrats responsible will just
    suspend that part of the bill and maintain your tax raised and spend the modern revenue before we’ve got it.

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