Investing & Retirement

Silver: A Golden Opportunity

Take your jewelry to the pawn shop and dump your portfolio into silver dollars.  You won’t want to miss this golden silver opportunity.

For time immemorial, gold has been a signal of wealth, power, and beauty. For example:

  • Nothing says, “I’m the king!” more than a spiky, golden helmet.
  • Will you love me forever? Here, take this golden ring. It has so many uses!
  • This week alone, I’ve been called a goldbricker, a gold digger, and told that I deserve a golden shower. These are all clear evidence that gold must be the best.

But, if you believe any of that, I’ve got some fool’s gold that I want to sell you.

You see, gold isn’t what it used to be. Well, atomically it’s exactly what it’s always been.

Periodic table - Wikipedia

But economically, gold is now playing second fiddle. I’ve been calling this shot—incorrectly—for years. But just like stock market permabears, I’m bound to be correct eventually.

Throw all my other Retirement & Investment articles out the window. Because silver is the new gold!

The Silver Lining of Climate Change

You don’t have to be an economist to realize that climate change will impact the global economy in enormous ways. Green energy, population displacement, disaster relief—the list is long and impactful.

But in terms of silver and gold, people are overlooking the impact of losing our cloud cover.

“Science” tells us that climate change is reducing the amount of cloud cover on Earth. Clouds reflect sunlight and produce precipitation.

But most importantly, dark clouds are a source of silver linings. We harvest these linings, smelt them down, and create workable silver for the economy.

Royalty-Free photo: Silhouette of biplane | PickPik
The Wright Brothers collecting the world’s first silver linings

But fewer clouds means lower supply of silver. And if supply goes down, the price goes…up! The time to invest is now!

Birthrates are Dropping

Birthrates in industrialized nations have been dropping since the 1990s. More and more adults are looking around and thinking, “…Nah.”

This has economists worried about future workforces (who’s going to do the work?) and future markets (who’s gonna buy stuff?). But they are all thinking inside the box. I’m outside the box. In fact, I don’t even see the box!

File:U.S.BirthRate.1909.2003.png - Wikimedia Commons
The last century of U.S. birthrate. X-axis = Year. Y-axis = births per 1000 people

If nobody’s being born, then, by pure logic, nobody is being born with silver spoons in their mouths. Fewer spoons means less silver. And again, that low supply will drive the price up.

Duh!

Diversify Your Diversification

Financial planners suggest that asset diversification is a key to mitigating risk. A well-diversified portfolio is akin to keeping your eggs in different baskets.

So on top of stocks, bonds, and other investments, why not toss some gold in there? Eggs in a basket? Gold? GOLDEN EGGS!!

It’s an interesting thought. But gold won’t be your golden goose.

To be truly diversified, I think we need to go one level deeper. You say you want precious metals? Why stop at gold? Nickel, bronze, molybdenum…all good choices. In recent years, tin has been a tremendous investment.

Trillions of tinfoil hats are being produced for flat earthers, Bigfoot fanboys, and Area 51 raiders. I’m wrapped in tin right now.

File:TinFoilHat002.jpg - Wikimedia Commons
Wear PPE!

And what does tin kinda look like? Silver. I’m calling this demand by association™, and yes, it’s trademarked.

Demand by association™ , noun: when one thing is like another thing, so if you want one thing then that thing’s price goes up, and so the price of the other thing goes up too.

While this tin is uncomfortable to wear, I’ve never felt so Clear. Be gone, Thetans!

Meta-Markets

When millions of people read this golden wisdom, the market for silver is sure to catch fire. Demand will go through the roof.

So if you’re reading this and the silver market still looks calm…well, you’re in early! Hop on that bull before it starts bucking.

When the SEC comes to investigate me, I’ll invoke my Fifth Amendment rights and get off Scot free. If Enron can do it, then so can I.

The NBA

The National Basketball Association (NBA) is the fastest growing American sports league. Since 2010, the average NBA team has increased 600% in value, almost twice as much as the MLB (~360%) and NFL (~280%).

The NBA owners are a bunch of multi-millionaire business geniuses. They are successful and experienced leaders. When they speak, we should listen.

And who did those NBA owners choose to run their league? Who is their pick to be the head-honcho?

They chose Adam Silver.

Not Bobby Gold. Not Ethel Goldfarb. Nor Bill Golden.

No, the NBA’s best business minds invested in Silver. They clearly know something the rest of the world is missing.

So I ask you again: what are you waiting for?

Golden Rules, Silver Lessons

Have I convinced you yet? Ready to re-mortgage your house to invest in silver?

I hope not…

I apologize if my silver tongue (silver fingers?) fooled you, but this is a hokey April Fools joke. And if you didn’t get the joke until now…yikes.

Not only is silver not the new gold, I don’t even think gold is the new gold.

Precious metals worked in Rome, sure. But Romans also dumped their doo buckets in the streets. Ackchually Jesse, the Romans had an advanced sanitation system. Sure they did.

Oh, and the Romans had an inflation crisis when they started using tin for coins instead of silver. It’s a cool example of economic forces in action, even if the Romans didn’t fully understand those forces at the time.

I would invest in gold the same way I invest in crypto, which is the same way I invest in blackjack and roulette. To me, it’s a luck-driven gamble, not a knowledge-driven risk.

So there’s a golden nugget of info for you. While not the most useful Best Interest article, I hope you got a good laugh today. Here’s some more Silver and Gold for you.

Thank you for reading! If you enjoyed this article and want to read more, I’d suggest checking out my Archive or Subscribing to get future articles emailed to your inbox.

If you enjoy podcasts, check out the Best Interest Podcast! It’s getting some rave reviews!

This article—just like every other—is supported by readers like you.

Tagged ,

About Jesse Cramer

I’m Jesse. I’m an engineer, a new owner of an old home, and an avid reader/writer. If you’d like to comment, ask a question, or simply say hi, leave me a message here, on Twitter (@BestInterest_JC) or on Reddit (u/BestInterestDotBlog). Many of my posts have been directly influenced by my readers. It’s the most fun part of writing this blog. And as always, thanks for reading the Best Interest.
View all posts by Jesse Cramer →

4 thoughts on “Silver: A Golden Opportunity

  1. Haha…. 😆Almost fell for it… thanks god, i am totally new in this domain, which probably saved me.

Leave a Reply