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The USGS has estimated that silver will deplete all of your its reserves below ground worldwide in the year 2020. This means if you silver pizza joint expect that silver end up being at least five times higher in five years than its current selling.

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One, is history. Fiat currencies never last. The U.S. Dollar is a fiat currency, no longer backed by anything but an ever faltering “full faith and credit” among the U.S. Governmental. Since the Federal Reserve Act of 1913 the dollar has lost 92% of its purchasing influence.

I expect that as bitcoin becomes more acceptable and valuable, we’re going to see a version belonging to the Nigerian Prince scam. So the warning is this: now we have exchanges and other businesses that allow for moving money easily onto and associated with exchanges. Never wire money for bitcoin. It would be a short-lived, and well-forgotten, moment in the of bitcoin.