If you want money and want to survive the massive economic failure that is destined to come, buy and hold gold and silver. The world has not been awash in debt more than it is now and that mushrooming debt cannot be sustained. What’s in your wallet? Words: 860

For as much as we favor - and expect - eventual higher prices for gold and silver, the charts do not indicate it will be any time soon. The following charts show you why.

Investors wisely seeking exposure to precious metals must deliberate between the convenience of buying shares of an electronically traded fund (ETF) and the ultimate security of owning physical gold and silver bullion. We tasked ourselves to take a closer look at each to understand their important distinctions.

I knew the monetary base had grown wildly but did not realize the extent until seeing it in graph form [in an article by Peter Degraaf. It is truly the Chart of the Century]. While Peter spent just one paragraph on this, let's look at it in depth to get a better understanding of why it is so important and what it really means.

There are four stages of fiat money printing that have been used by central banks throughout their horrific history of usurping the market-based value of money and borrowing costs. It is a destructive path that began with going off the gold standard and historically ends in hyperinflation and economic chaos.

This is not a sound for alarm, for the trend for gold & silver remains up, BUT there could be some more corrective activity in the next few weeks. Here's what the charts have to say about the current situation.

As an introduction as to what the charts have to say about gold and silver at this point in time let me remind you that the world debt situation worsens. It is, and it always has been, only a matter of time before this IMF house of fiat debt collapses, and collapse it will. Now is the time to get thee gold, and get thee silver, and get out of debt or suffer the intended consequences.

We are not yet hoarding toilet paper and baked beans, but the prospect that we will be driven to do so has already been signalled to us. This article draws on the evidence of extreme overvaluations in equities and bonds worldwide, and concludes the explanation lies increasingly in a greater perception of risk against holding cash, or bank deposits.

The price of each metal is not going up. The measure of the number of fiats needed to buy the metals will grow ever more as each country’s fiat issuance becomes increasingly debased. That is when the power of holding gold and silver will be felt the most.

In June, Incrementum AG published its annual “In Gold We Trust” report which offers many interesting insights into the current global economy and the gold market. This article provides a short summary for you.