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The Many Phases Of Silver (Part 1)

Tyler Durden's picture




 

Since the early days of civilization, the ancients connected the brilliance of silver to the moon. Artemis, the Greek goddess of the moon, wore silver sandals and shot from a silver bow and arrow. This lunar comparison might be fitting because like the moon, silver also has many phases. The properties of silver make it the most dynamic of precious metals.

Evidence shows that silver was first separated from lead as far back in 3,000 BC. Many ancient civilizations used silver as money, including the Greeks, Romans, and Ottomans. This was because of silver’s natural properties which make it malleable, divisible, durable, consistent, and rare.

Throughout history, people have used silver to prevent and combat illness. We now know today that silver has unique and impressive antibacterial properties that help it break down the cell walls of harmful bacteria. Silver also is the most conductive metal, and one of the three most reflective metals (along with gold and aluminum, and depending on the wavelength of light). These properties help make silver one of the most important industrial metals, with uses from photography to solar cells.

 

Courtesy of: Visual Capitalist
 

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Mon, 12/22/2014 - 23:30 | 5583755 CaptOveur
CaptOveur's picture

Neat! I will offer $15.67 / ounce for this wonder metal!

Mon, 12/22/2014 - 23:40 | 5583771 El Oregonian
El Oregonian's picture

Always take full advantage of these "ON SALE" buying opportunites.

Why let only those criminal banksters enjoy discount pricing?

Mon, 12/22/2014 - 23:48 | 5583798 CaptOveur
CaptOveur's picture

Because I thought it was on sale at $22 and now I'm going to ask Jim Henson for job.

Tue, 12/23/2014 - 00:55 | 5583960 UnpatrioticHoarder
UnpatrioticHoarder's picture

Probably have enough silver to never get a cold, flu or any other infection for the rest of my life, but always worth buying some more.

 

Big Pharma must have realised the more they spread panic about there being no cure for ebola, the more people will discover nano-silver and then they'd be fucked.

Tue, 12/23/2014 - 08:20 | 5584415 USisCorrupt
USisCorrupt's picture

Silver is DIRT CHEAP while you are still able to trade pieces of green paper or electronic digits to obtain IT !

 

Try to see past the curve instead of what CNBS or any Financial News Network that preaches to you.

 

Try something DIFFERENT and think for yourself with what information is available to YOU !

 

There is a thing that is called Common Sense but it has been missing from Main Stream Media for quite some time.

 

Happy Holidays to ALL !

Tue, 12/23/2014 - 11:18 | 5584959 OceanX
OceanX's picture

Becareful how much you eat, don't want to turn out like this guy: http://static.oprah.com/images/tows/200802/20080219/20080219_102_350x263...

 

Tue, 12/23/2014 - 04:34 | 5584235 noben
noben's picture

$22?  Fool!  I got it at $35, when the sky was falling.

Tue, 12/23/2014 - 10:21 | 5584713 backwaterdogs
backwaterdogs's picture

Me Too....a whole monster box at low $30s....just before it was suppose to shoot back over $50.

My first ounce was bought years ago at around $10....waiting for that day again, THEN backing up the truck....still like looking at the stack.

Tue, 12/23/2014 - 00:15 | 5583875 Moccasin
Moccasin's picture

I have been saying that to myself ever since it dropped below $30./oz and I keep on cost averaging down. I buy more every time and have never owned more physical silver today than in my 35 years of investing in it. LOL, at the very least I am having fun and I know that one day 'soon', sometime in the future, in awhile, not far down the road, somewhere down the line, any time now it will go up. :)

Tue, 12/23/2014 - 02:20 | 5584101 ShrNfr
ShrNfr's picture

Look at the bright side. The Ancient Egyptians valued silver more than gold. They loved electrum. The fanciest royal sarchophagus were made of pure silver after 1500 BCE. You can die and go out like a pharoh.

Mon, 12/22/2014 - 23:31 | 5583758 Moccasin
Moccasin's picture

Great graphic, perfect for my 9 year old.

Tue, 12/23/2014 - 00:47 | 5583943 Diablo
Diablo's picture

Thats typically the mental capacity of the average silver buyer, so well done.

#buysilvercrashjpmorgan

 

Tue, 12/23/2014 - 04:30 | 5584231 NidStyles
NidStyles's picture

You just had to open your mouth and remove all doubt....

Tue, 12/23/2014 - 10:34 | 5584772 TheGreatRecovery
TheGreatRecovery's picture

I have never met a stupid 9 year old.

Mon, 12/22/2014 - 23:33 | 5583761 screw face
screw face's picture

.....Dude!

Tue, 12/23/2014 - 00:08 | 5583856 Spungo
Spungo's picture

Cool graphic. Now do one about boron.

Tue, 12/23/2014 - 00:28 | 5583908 mt paul
mt paul's picture

the old lady buys stuff

i buy silver...

Tue, 12/23/2014 - 10:35 | 5584776 fiftybagger
fiftybagger's picture

Not too big on gift giving, but for anyone who insists on buying me one, it's been silver for the last 15 years running.  Phyzz that is :-)

Tue, 12/23/2014 - 00:38 | 5583927 alexcojones
alexcojones's picture

Cool! So easy, even friends hypnotized by fiat can understand.

Silver cuts through brain cells of those brainwashed masses, right?

Tue, 12/23/2014 - 00:40 | 5583928 noben
noben's picture

Don't forget it's legendary use to kill ware-wolves and vampires.

Bet ya it still works on killing Wall St vampires who are after your life blood, and Ware-Wolves who want your wares -- as long as it's shaped correctly and delivered just right.

Tue, 12/23/2014 - 01:02 | 5583994 MEFOBILLS
MEFOBILLS's picture

During the Levant, man’s misunderstanding of money led to much slavery abuse and misery.  Semitic speaking people would distribute members of their tribe in entrepot cities throughout the Mediterranean.

In Greece, for example Semites would sit on outdoor benches waiting to do their work.  These were the money changers, precursors to today’s bankers.

A Greek victim would sidle up to the bench and ask for a Silver loan.  A clay tablet would be proffered by money changer, and Greek citizen would impress his stylus, making his mark, and establishing a debt/credit contract.

The clay ledger would have usury mathematics behind it, and the numbers would grow and demand to be paid at a later date.  The catch?  An intangible number on a ledger was magically equated with something physical from the future.

There had to be silver in the supply in future in order to pay the ever growing intangible ledger.  Man somehow could not discern the difference between tangible, intangible, and making numbers grow outside of nature.

Our Semite friends used Iron Age implements to accelerate silver production as this money medium allowed a brisk trade around the Med.  This helped speed up Western Man’s development as trade caused ferment.

However, the future would always come and physical silver would not be in supply in enough volume.  So, in order to cancel the clay debts, you had to give up your life.  Usually you would be taken into slavery to work in the silver mines.

This led to the “shaking off of debts” in Greece.   Farm production had dropped to almost nothing as farmers were being taken as slaves by the money changers.  Said money changers would also limit silver production as they came to own the mines. 

Jesus was killed for 30 pieces of silver, as at the time it was a generational debt.  Judas may have even had debts passed down to him from his father…who knows.  But, it takes a particularly evil mind to come up with generational debts.

Read Babylonian Woe to get a good idea of metal money and its murderous history.  All metal money is blood stained.

 

http://www.whale.to/c/Babylonian_Woe.pdf

Tue, 12/23/2014 - 01:23 | 5584028 TheReplacement
TheReplacement's picture

Do you really blame lust of money over lust of power?

Edit:  In regards to generational debts, where's the $18T you owe?

Tue, 12/23/2014 - 02:25 | 5584107 MEFOBILLS
MEFOBILLS's picture

Really, I know you didn't have time to read or think.

 

An excerpt from Babylonian Woe:

 

The Aipiru (Hebrew) are still with us, till the end of civilization, and yet man cannot learn?  There are your debts.

 

This flood of the precious metals to which the new methods of mining gave rise, with the consequent strengthening of the shift of money creative, or total power center, from the god and the temple, to what some might describe as the devil and the counting house, enabled those conspiratorial groups who undoubtedly controlled precious metal bullion supplies, perhaps at this stage alliance between the priesthood of certain cities whose god was not getting fair acknowledgment, and those mysterious people, the Apiru, who, concerned with the carrying trade between the cities as is clear, seemingly belonged to no city, yet were to be found in them all, to set up a supra-national god as the fount of their secret power. He would be a god who should be contemptuous of all other gods; living in no idols, he would be in all, and over all; unseen, but all pervading.

 

If the god of such secret society or confederacy controlled movements of silver bullion internationally, he well might be contemptuous of all city gods other than himself, for when money values were based on the exchange value of his silver in such international exchanges, then he and his acolytes, whoever they were, knew that all prosperity in the kingdoms of those most ancient times depended on him, and whether he ordained through his servants that silver should be plentiful or otherwise; whether indeed there should be no money and hardship, or plenty of money and prosperity. 

Tue, 12/23/2014 - 10:41 | 5584801 fiftybagger
fiftybagger's picture

Ahhhh, a very stealthy Jew hating screed, got it.

Tue, 12/23/2014 - 12:01 | 5585123 MEFOBILLS
MEFOBILLS's picture

Read Babylonian Woe and find out how the AIPRU used donkeys to transfer the lovely metal.  This changed the power relationship of ancient man with his king and his brothers.  This secretive group consolidated into a single god over all other gods.

Then, look into the east west mechanism, where rents were taken for thousands of years between the exchange rate of gold to silver.  Later the AIPRU Haibaru, or other incarnations of the word, evolved to shipping, cartels, and other rent seeking means.

Most everybody that comes to zero hedge is really trying to find a way to solve RENTS, which are costs above the real cost of production.  Effectively rents are the stealing output from others who created or earned it.

So, yes, I hate first class rent takers and it doesn't matter your religion.  BUT, our Jewish friends are most deeply into rent seeking, and all of the formalized trapping that encompasis.  Even their religion codified this as a cover to allow rent taking.  And that includes lying via prayer and crypto behavior.   Money power Jews don't follow the old Testament Mosaic law.  They follow the Kabbalah and Babylonian Talmud.

An educated man who deeply understands money and monetary history cannot help but come to the same realizations as I have.  Man knows enough now about money now, it is time to dispense with the B.S.  We have nuclear weapons now and the earth provides plenty enough for everybody.

 

 

Tue, 12/23/2014 - 08:26 | 5584426 USisCorrupt
USisCorrupt's picture

"All Metal money is blood stained."

 

Like the FIAT trash bullshit is NOT !

 

Dude, Get a BRAIN !

Tue, 12/23/2014 - 12:18 | 5585203 MEFOBILLS
MEFOBILLS's picture

What kind of Fiat money?  There are different kinds of money.  Rome's money around 700BC was copper coins.  This was legal money with a stamped value higher than the cost of the coin.  

Money's highest form is a division of the law.  Romes money and its fiat nature said that accepting this coin as contract was backed up by law.  Rome didn't go far enough and examine the contract to make sure it was non usurious though.  Despite this,  Rome grew quickly because the rest of the region had fallen into a precious metal slavery system from the "Orient" or near east.

And yes, Arabs and Jews are both Semites, which is a racial and languague construct related to these tribal people.

Rome brought civilization and order and grew quickly because of its money and law and was a much better alternative for people.

Later, after the second Punic war in particular, Rome converted back to a precious metal system.  This then led to their downfall and the move East toward Byzantium (then Constaniople, and Istanbul).  This region could control the East West movment of Gold/Silver to then control the exchange rate.  It is right on the Bosphorous, which is easily controlled choke point for Caravan Trade from the Hebrew.

Sorry.  We need legal money and that means legal FIAT money.  

 

The kind of money we have now is private bank money as fiat.  Today's governments are in a dance with money powers, but that relationship is now subservient.  He who issues the money is over Government, and he who issues money is private (non law or of the people's will) and related to Bonds e.g. Bondage.

I agree that private fiat bank money is a rent seeking type of money designed to steal and enable oligarchy.

Tue, 12/23/2014 - 10:32 | 5584760 TheGreatRecovery
TheGreatRecovery's picture

Semite means someone who speaks a Semitic language.  That includes most of the people in the Near East.  I would think that most of the people in the Near East are NOT money changers.

Tue, 12/23/2014 - 01:08 | 5584002 I Write Code
I Write Code's picture

Corrosion resistant, since when?

Hey, anybody remember silver fillings?

Tue, 12/23/2014 - 10:28 | 5584742 TheGreatRecovery
TheGreatRecovery's picture

Mercury is silver-colored.  Mercury can be toxic - sort of like lead.  "Silver fillings" actually had mercury in them.

Tue, 12/23/2014 - 01:27 | 5584036 Hawkey Schtick
Hawkey Schtick's picture

I wonder which phase involves boating accidents?

Tue, 12/23/2014 - 02:36 | 5584119 MEFOBILLS
MEFOBILLS's picture

The British Navy used to ram Spanish Galleons in order to steal silver and gold.  That would be a first class boating disaster.

While the Spaniard’s worked the Amerindians to death in the mines, the British found it easier to Pirate the gold on the high seas.

 

Metal as money, it is so wonderful, especially as it seizes the mind of man and hypnotizes him.  It is as if we have a degenerative disease.

Tue, 12/23/2014 - 03:13 | 5584164 manofthenorth
manofthenorth's picture

What form of money are you "in favor" of ?

Tue, 12/23/2014 - 11:45 | 5585063 MEFOBILLS
MEFOBILLS's picture

Sovereign money.

 

www.sovereignmoney.eu

 

Metal can work in a right system, but the mind of man is too easily hypnotized to think money is metal.  MONEY IS NOT METAL.  OK.  It is an abstract thing like mathematics.  Saying money is metal is like saying math is metal.

Money serves as a medium to let us transact.  It divides down at the moment of transaction to allow this to happen.  When not doing a transaction function it serves as latent demand.

 

Most definately there is a power relationship to money.  It is called rents, and that too is abstract when you cannot see it.  The usury on money takes about 40 percent for its costs in the form of prices  This 40 percent or so due to usury, which is forbidden in the bible and is akin to murder.

A metal money system is still usurious is almost all of its system incarnations in history.  

The subject can become very complex, but it boils down to this.  You have to control volume, type, and channeling.  That can only be done scientifically.  Our current system is competely unscientific and is more akin to magic

 

People that like metal think of it as magical. As if it can hold value like a GOD    The only real value in this world is the ability of your fellow humans to work and create and pull value from the EARTH.  Money helps us do that as it also allows division of labor, making us more efficient.

 

Sovereign money is wealth money the same as what METAL HEADS really want, only they cannot articulate it because they are letting emotion rule their thoughts.

Tue, 12/23/2014 - 10:26 | 5584727 TheGreatRecovery
TheGreatRecovery's picture

The British and many others also gave mercenaries (privateers) "letters of marque" to legally ram Spanish galleons and steal their silver and gold.

It's not the "metal as money" that hypnotizes the mind of man.  It's just the money.  It's the power over other people.

Just as we will always have the poor with us (the Amerindian and Afroamerican slaves of the Spanish, Portuguese, and others), we will always have with us the bankers, mercenaries, and traders who make the poor poor.   Such people are psychopaths, which means that they lack empathy.  They are also addicts.  Human empathy and addiction are built into the brain, and come in different amounts in different people.  Apparently, as Machiavelli taught, people who lack or who can diminish their empathy can rise more easily to the top, and at the top they can better serve their addiction (to power).

The alternative is to seek power over yourself, instead of over other people.  That's what Buddha and Jesus and Epictetus taught.  "It is more difficult for a rich man to get into the Kingdom of Heaven than for a camel to pass through the eye of a needle".  "Relax; take deep breaths."

Tue, 12/23/2014 - 12:34 | 5585259 MEFOBILLS
MEFOBILLS's picture

We can brain scan for psychopathy now.  Sorry, we have nuclear weapons and biologicals are moving forward rapidly.  This alternative of just humming to ourselves and hoping for the best no longer works.

 

Man also is a biological organism who's growth is a function of energy inputs, and we are not in equilibrium. 

In addition to a decent sovereign money system, we are going to have to evolve our social institutions to separate from psychopaths.  

If you read the Kaballah and Talmud, you will come to realize it has a lot of psychopathy encoded....Kill the Goyim, a three year old virgin regenerates, what is the size of the most venerated sages penis, etc.  

So, religions that have psychopathy encoded...the underlying ideas should be attacked.  The people of the religion should be spared, many of them are unwitting sheeple who are innocents.

This desire for metal money is also a desire for storing wealth and having some sort of insurance.  That is dealt with in a sovereign money system, as your money becomes a wealth means.  

When you put it in the bank, you will have to pay the banker to store it, as if it is in a safety deposit box.  

Tue, 12/23/2014 - 16:09 | 5585896 TheGreatRecovery
TheGreatRecovery's picture

When you say "sorry", you are presenting an apology for some action you took that hurt someone.

"We have nuclear weapons and biologicals".  For its time, the Spanish Inquistion had the lastest technology.  Yet it was completely regressive.  Its job was to be regressive.  Control by a small group of people is always regressive.  The technology does not matter.

Not "who's", but "whose".  You would say "Who's there?", which is a contraction of "Who is there?"  You would say, "mine", "yours", "his", "hers", "whose" to indicate ownership.

"Sovereign money" is FIAT MONEY.

Two people can read the same book and get different things out of it.

I doubt "our social institutions" will ever get rid of the psychopaths in power, since that power, by definition, controls the government and propaganda outlets, which in turn control the social institutions.  (Nevertheless, I DO think that changing homo sapiens is homo sapiens's only hope.  I just don't think it will ever be done, because then the psychopaths who are now getting so much for nothing won't be able to get it anymore.)

"Metal money is insurance".  Yes.

"It is dealt with in a sovereign money system"  No, it is not.  The only reason people acquire metal money is that "sovereigns" always debase their "sovereign money" through inflation.  That debasement is what metal money insures AGAINST.  There are many posts on ZH explaining this.

"...as your money becomes a wealth means".  I am unable to translate that phrase.

"as if it is in a safety deposit box" has two problems.  First, it is present tense.  Future tense is required, since it discusses something you WILL do in the FUTURE.  Second, the word "if" changes the meaning.  I would remove it.  I would suggest "as it will be in a safety deposit box the banker rents to you".

Tue, 12/23/2014 - 03:59 | 5584203 Adman
Adman's picture

Oh fuck off. Investing in thousands of ounces of silver back in 2008/9 was the worst financial mistake I ever made. Now I'm stuck with a bunch of useless metal that is worth less than what I paid for it. The silver pump and dump scam is over ZH. Let it go.

Tue, 12/23/2014 - 04:06 | 5584206 takeaction
takeaction's picture

I am with you......I have 10,000 ounces.  I bought right....$11 to $13 price average.........Can't sell it....have to hold it....don't care any more....if this shit EVER passes $30...$40....$50....I will be selling all the way up.  Trust me...I understand fiat currency...I will sell this...and buy more land.  

Tue, 12/23/2014 - 04:36 | 5584236 NidStyles
NidStyles's picture

So because you bought into the fiat pump and dump you think that silver is worth less?

 

You're speaking in terms of fiat dollars while deriding a physical asset for another physical asset that you can never legally own. It's like reading some New Ageist talk about healing cancer with happy thoughts.

Tue, 12/23/2014 - 04:59 | 5584261 takeaction
takeaction's picture

I knew somebody was going to post this....as I said...I understand "Fiat".  I would of been much better off buying more rental properties for true wealth gain.  Do I give a shit?  Nope.  $170,000 in silver eagles.  Chump change...and I am glad to be able to say that.......anyway...  was it the best asset allocation...FUCK NO.    Will it pay off in the future....That is such a loaded question to a "Metals Bug" like me.  So to answer honestly....I would rather have it just continue on like this.  Be happy...make money...no chaos....becuase if you are praying for silver at $500 an ounce...think about what is going on around it.  No thanks.  

Tue, 12/23/2014 - 08:21 | 5584416 VAD
VAD's picture

It will pay off when fiat goes to it's inherent value.

Tue, 12/23/2014 - 10:11 | 5584666 TheGreatRecovery
TheGreatRecovery's picture

I think gold and silver are insurance.  "Hyperinflation insurance".  Considering how much money most families spend on insurance these days, you might think they would consider buying a little "hyperinflation insurance" also, especially since they only need to buy it once, instead of "renting it" by the month as they have to do with most of their other insurance.

Tue, 12/23/2014 - 06:50 | 5584345 Wahooo
Wahooo's picture

Land is better than gold or silver. Gold is better than silver. Silver isn't precious at all. It's just shiny.

Tue, 12/23/2014 - 10:07 | 5584652 TheGreatRecovery
TheGreatRecovery's picture

Land is the ultimate, but I don't know where I can buy any land for $15. Used to be, you could buy swampland or desert land really cheap, but I don't know anyplace you can do that now.

"Precious" can mean many things.  My teeth are precious, but I doubt I could sell them for very much.  Silver is a rare element.  Many people like silver for jewelry.  I do.  If silver were cheap enough, I would roof my house with it, since, that way, I would never have to worry about replacing shingles.  I would use plumbing pipes made out of silver.  I would use silver wire, since silver is a better conductance than gold, and some people buy gold wire for high end electronics.

Tue, 12/23/2014 - 08:48 | 5584461 Rage Against Yo...
Rage Against Your Face's picture

It's going to be a hell of a struggle retrieving that much Silver from the bottom of a lake.

Tue, 12/23/2014 - 10:00 | 5584623 TheGreatRecovery
TheGreatRecovery's picture

Isn't it a good idea to KEEP YOUR RECEIPTS if you buy silver coins, just in case?  If you buy from a local coin dealer, won't they give you a receipt, just like a grocery store or any other store?

Tue, 12/23/2014 - 04:02 | 5584205 takeaction
takeaction's picture

I have been taking collodial silver for almost a year...as well as 2 of my employees.  We come into contact with hundreds of people per day in retail.  All 3 of us normally would have been sick many times over already.  I listen to these fucks cough...never covering their mouth.  The rest of my staff...all have been sick..over and over.  Placebo effect?? No..how?  14 people at our store...3 taking silver every day  (From Costco...because I don't trust electrodes in water myself.) The 3 seem immune from all sickness.....luck, coincedance....whatever.  Maybe it is Jesus.  It works bitchez.  Here.  THis is a 2 year supply....

 http://www.costco.com/Activz-Silver-6---16-oz-Liquid-(12PPM)-Pack.product.100071219.html

Tue, 12/23/2014 - 09:57 | 5584616 TheGreatRecovery
TheGreatRecovery's picture

Thanks, but link didn't work for me.

Tue, 12/23/2014 - 04:25 | 5584225 Magnum
Magnum's picture

Buy 200 1 oz coins right now and forget about it.  Great thing to have.

Tue, 12/23/2014 - 04:39 | 5584240 noben
noben's picture

If you want to know which countries produce silver, and might encourage you to buy silver coins, see...

'http://en.wikipedia.org/wiki/List_of_countries_by_silver_production

Mexico is #1?  Wow, who would've thought it?  Maybe the US can repay them with massive Immigration INTO Mexico, when the nukes start flying.

Tue, 12/23/2014 - 08:21 | 5584419 VAD
VAD's picture

Silver is in a buying phase.

Tue, 12/23/2014 - 08:45 | 5584458 Azannoth
Azannoth's picture

Damn I would be putting All my Paper into Silver if it wasn't so bulky, in a BugOut situation it would be hard to carry 100kg of Silver Coins around.

Tue, 12/23/2014 - 18:37 | 5584602 TheGreatRecovery
TheGreatRecovery's picture

If, back before Jekyll Island, a silver dollar was a working man's day's pay, then 100kg would be 3,500 days pay.  Almost 10 years.  Imagine trying to carry 10 years worth of food, liquids, toiletries, medicines, clothing, heating oil, clothing, etc. to your Bug Out place.  I would think they would way far more than 100kg.

Tue, 12/23/2014 - 10:49 | 5584839 fiftybagger
fiftybagger's picture

All of the silver mined in a year is worth 12 billion bucks at current prices.  The national debt is increasing by 800 billion dollars every year.  Do the math.

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