Today, in place of our usual Economics & Investing news column, we offer some brief commentary from Senior Editor JWR:
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I’m often irritated to hear the mainstream financial media report on the gold, silver, and platinum markets. In reporting the ups and downs of the spot and futures metals markets, they seem oblivious to the bigger picture. The metals are all now in primary bull markets. They blithely report: “The price of gold rose today…” But the rise (in Dollar terms) of gold, silver, and platinum are actually symptoms of the U.S. Dollar’s demise. In fact, all of the world’s fiat currencies are tumbling, vis-a-vis the precious metals. In the myopic view of the financial reporters the metals are “rising“, but it is really paper currencies that are falling. In real purchasing power, the metals are mostly holding their value or gaining slightly. But conversely, the banksters’ Funny Money is rapidly inflating and starting to show its real value — which in fact is… nothing!
We must remain confident that in the long term, gold and silver will rule and the world’s paper currencies will be used for kindling or for toilet paper.
Most SurvivalBlog readers have already hedged their investment portfolios with precious metals. And those of you who haven’t done so should get on board right away. With a spot price over $4,000 per Troy ounce, it is now nearly too late to invest in gold. But both silver and platinum are both relative bargains. I recommend stacking them deep.
Watch the silver-to-gold price ratio closely. Whenever gold soars up to more than 85 times the price of silver (as it just did, early this week) then that is a good time to ratio trade out of gold and into physical silver. Conversely, if gold drops to less than 20 times the price of silver, then that is a good time to ratio trade out of silver and into physical gold.
There are still real Nickels
if you are on a limited budget and cannot afford to buy silver, then at least stack some rolls of nickels. The lowly “nickel” five-cent piece is the last circulating U.S. Mint coin that still has a base metal content that matches its face value. (They are actually composed of 75% copper and 25% nickel.) All other circulating U.S. Mint coins have been debased. Even the U.S. pennies are now frauds. Those minted since 1982 are zinc slugs with just a thin copper flashing.
You can obtain nickels in bulk at face value, at your local bank. Just ask your local teller for a few boxes of nickels, at a time. Each box contains 20 rolls, and each roll has 40 coins = $2.00. (Thus, a box has 800 5-cent coins = $40.)
Let’s face it, folks; With gross and chronic Federal overspending, the un-backed U.S. Dollar is doomed.
Pay no attention to the know-nothing Talking Heads on CNBC. They are just cheerleaders for Wall Street and the Banksters. They have no clue about genuine market fundamentals or genuine monetary fundamentals.
Stack them deep
The Bottom Line: Precious metals are real money, but fiat currencies are mere tokens that can be printed at will. Trust your gut. Do not expect governments to suddenly become fiscally responsible and balance their budgets. Stack your precious metals deep. Either hide them well, or use them for “ballast” in the bottom of your gun vault. Do not lose your nerve when you witness drops in precious metals prices. That is just a sign of market manipulation. The short sellers love to try to manipulate thin markets. Presently, the mainstream pundits are badmouthing gold and silver, and wagging their fingers at their 5% to 7% corrections. But those profit-taking corrections came right after bull market rallies that saw 20% to 30% gains!
Diversifying Your Portfolio
Speaking of profit-taking: Many of you reading this bought silver below $15 per Troy ounce, and gold below $1,200 per ounce. If you decide to now take some profit on a small portion of your precious metals holdings, then I strongly recommend that you don’t leave the proceeds in Dollars, or put them in Dollar-denominated investments. Instead, I recommend that you immediately diversify and invest the proceeds into another tangible investment, such as:
- Productive farm, ranch, or timber land,
- Quality guns and common caliber ammunition
- Top-quality Swiss self-winding watches
- And perhaps if you have the garage space, a restored 1960s classic car.
Some Closing Numbers
I’ll close this brief essay with some numbers to ponder…
The Thursday, October 30, 2025 spot market:
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Gold
$4,050.50
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Silver
$49.22
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Platinum
$1,637,70
And for comparison, here was spot, back on November 1, 2023:
- Gold:
$1,985.00 - Silver:
$23.04 - Platinum:
$922.60
Read the full article here