Money

Money has been used in various forms and is the basis for a civilized society. Money has come in the form of cacao beans, chia seeds, tally sticks, stones, seashells, bronze, copper, gold and silver. In ancient Egypt, gold and silver were used to store the wealth of Pharaoh. Money is more than just stacks of currency. Money is an energetic exchange between two parties. Even the ‘$’ symbol has ancient roots that date back to Egypt. The ‘$’ symbol translates to ‘IS’ which stands for insurance script. Human bodies were worth money. The Aztecs and Mayans used cacao beans as money. Cacao was much more valuable than gold or silver to the Aztecs. The Aztecs used cacao beans as currency, especially when Montezuma collected the taxes (up to 40%). Like tea in Asia, the cacao quickly became an important part of the Aztec’s daily life. The upper and lower class were exposed to cacao, and it quickly became the preferred currency for many people in the region. In 700 B.C., gold is first minted into coins in Lydia (present day Turkey). However, gold and silver were valued even before they were used as money. Both were portable, divisible and durable. Athens became the first democracy with the world’s first free market system and working tax system. Gold and silver revalued themselves automatically throughout the free market system. This dates back to 407 B.C. from the first currency crash in Athens. They devalued their money by adding copper in their gold and silver coins, just like the U.S did with their deficit spending. Remember 90% silver? Why was the silver content removed from our coins in the 1960’s? Today, we do not have real money. Federal Reserve Notes are the ghost of money. They are one of many fiat currencies around the world. The word fiat is Latin for “let it be done.” Money is a medium of exchange. It is simply a neutral tool in which two parties exchange their energy in the form of money. Silver is real money. Real assets protect your purchasing power. Look at silver as a way to value your time. Gold has been treasured while silver has been used, abused and trashed. Silver has over 10,000 uses, it’s in your iPhone, iPad, all computers, deodorant, anti-freeze. It is one of the most prized commodities behind oil and hot young women. The U.S. government used to stockpile silver, but not anymore. Ever wonder why China, Russia and India buy so much gold and silver? Discipline weighs ounces while regret weighs tons. Silver is not an investment; it is wealth insurance. It is the ultimate hedge towards inflation. Silver is mined as a by-product of lead, copper and zinc mines. It is even more scarce than we realize. Historically, silver has been the best way of preserving wealth.