increasingly dissatisfied with the term "capitalism". It
seems to suggest that capital is more important than people, and in a sense,
under our current form of capitalism, it is. But people should have
more rights than money itself. And people are more important than
monetary growth. The problem with monetary growth, purely for the sake
of growth, is that monetary growth is inherently limited by the natural
upper limits on growth, which are probably not much more than about 2.5% per
year. After all, if you could grow faster than that rate, you could
grow an ounce of gold into all the gold in the world over 6000 years, which
would completely negate the usefulness of money if one person had it
all. Money is useful only if it is distributed or capable of being
distributed among the people in ways that enable and facilitate commerce.
By the phrase "people should have more rights than money", I mean
to say that people's rights to property are far more important than a
banker's right to collect usury at rates of 6% from the nations of the world
through money lending, which can only result in the destruction of property
rights and the enslavement of the people of the world, which is contrary to
property rights, contrary to freedom, and contrary to what capitalism should
be. To find a balance in this area, I have turned to the study of what
the Bible has to say about money, and usury. Some of my best
essays on these topics can be found here, at this link of essays on the topic
of "Biblical Capitalism":
These days, a consensus seems to be developing among many of the key analysts
that have been accurately understanding and
predicting why silver and gold will move up in price.
The consensus is that gold and silver prices, having been limited in
recent months, are ready to explode or move upwards again. It always
moves in cycles, and the next big cycle movement is probably up.
In fact, silver has been moving up strongly over the last three days, and
this could be the start of another run that could take silver to well beyond
$50/oz. to perhaps $75/oz. this next time over the next 6 months to a year.
The biggest reason why I think silver and gold will continue to move up in
price for over the next decade is that the nations of the world are printing
money at rates of about 15% to 20% per year. These rates are
unsustainable, and will result in a collapse of the values of paper money,
which can only mean exponentially higher rates of growth in the values of
silver and gold which will probably continue to go up at rates of about
30-50% per year, or even faster.
Now is a great time to buy silver and gold. We through the JH MINT, www.jhmint.com can
handle your orders.