When I was only 8 years old, a neighbor came over to our small home one night. Normally the adults would just eat and play cards-very boring to us kids, so we would play far away! But, that night was different. My parents weren’t eating or playing cards. They were actually having an animated discussion about stocks and business. I had never seen our neighbor or my parents talk about such things. It was interesting. I was curious. So, I watched and listened.
He told my parents about a company in our own home town that was going to sell a new machine that would change the whole world. He told them that they should buy as much of that company’s stock as they could buy. He practically begged my parents to do it because they would become rich. Rich sounded good! I hoped my parents would take his advice. Frankly, my parents declined my neighbors offer. That little company in Rochester, NY was called Haloid. It became Xerox. Xerox stock values went to the moon. My parents didn’t get rich.
You might be asking how I can remember such an experience that happened when I was only 8 years old. That’s easy. During the decade that followed, I grew up in Rochester where the news media practically embedded it into every part of my being. Nearly every week we’d see some glowing news report about Xerox growth. Xerox was our city’s pride and joy. This went on year after year; and everyone rejoiced in its success, except for my parents of course.
I frequently heard my parent’s lament how they should have bought Xerox stock way back when our neighbor told them about it. They told us how they could have gotten Xerox stock when it sold for peanuts. They’d say how much better they would be now, if they had only taken our neighbor’s advice. Oh, how true is the line that goes, “Of the saddest words of tongue or pen, the saddest of these, it might have been!”
“Why didn’t you listen to our neighbor back then and buy it?” I would ask them. I always got these same answers: “We were afraid to buy stocks. We were just ordinary people who didn’t do things like that. It sounded too good to be true. We thought our neighbor was just too excited about it to be rational. We didn’t believe that a cheap stock could possibly go up as high as he said it would go. We thought we might lose our money. We thought our money would be safer in the bank. We didn’t know. And, when the stock started to go up, we couldn’t afford it anymore.”
With the silver message of today, being like that of the Xerox opportunity of long ago, I have thought much about why more people don’t buy silver today. The case for silver price potential is every bit and more compelling than Xerox stock was back then. And, with such a compelling case for silver’s price to eventually liftoff and fly to the moon, I often think that when I tell people about it, I am like that neighbor who came to my parents long ago. And, I frequently get the same sad response as he did. I watch people that I love simply dismiss the silver opportunity. And, every time it happens, I ponder to answer the question of why?
The same conclusion always seems to come back to me. I believe that the answer to why, is the same as it was for my parents. People don’t buy into a good opportunity because of fear. Their fear is based on ignorance. And, not to be harsh, I would add that many people seem to prefer ignorance to knowledge because they will not study to make an educated decision.
In my parent’s case, our neighbor had done his home work on Xerox. My parents did not, and they would not. There seems to be two paths we take when hearing about a good thing. We either study it out, or we dismiss it without investigating the facts. My parents wouldn’t study, so they got an “F” on the test to see if they would get fantastic profits and wealth from Xerox growth.
Not everyone will get and “F” in silver though. Dismissal isn’t always the reaction we get to the silver message from the people to which we tell it. Sometimes we tell the message of silver, and are lucky to see the message excite someone to study. Sometimes a friend or loved one hears our message and decides to do their home work. We watch them go online and start to read more about silver at websites like this one. We are pleased when they return to ask us questions about things they read from a silver guru. We rejoice when they go out and make their first purchase of silver. Our joy in them, and with them, drives us to keep sharing the message with others.
And, during the whole sharing process, we wonder about some things. We wonder what our nation’s financial test be like? We wonder where we will be, and how will we cope when the nation struggles to pass its huge financial test or crisis as we are prone to call it. We wonder what we will tell our kids when Radio, TV, and newspapers report that silver is making some people rich while many other financial mediums are making others poor. We wonder how much silver we can obtain before the price goes so high we can’t afford to buy it anymore. And we wonder what we will tell our kids when they ask why we bought silver or didn’t.
I know what I am going to tell my kids when our nation faces its financial tests. Actually, what am going to say will be in the form of some questions. I will ask, “Are you happy that your dad/grandfather was willing study the facts about the silver market when he heard about it? Are you happy that he went out and bought some silver? I think they will be happy that I did these things.
And, then I will ask them, “What kind of grade do you think I deserve in this national financial test?” I think I can predict their answer. I think I will get an A+. Know why? Simple! There is nothing like doing your home work to prepare for a test. I did my silver homework. I got some silver. I did my best.
If you want to pass the financial test this nation will pass through, you should do your silver homework too. Then go out and get as much silver as you can. You will be glad you did, especially when you have to answer to your kids why you did or didn’t listen to the silver message when it was presented to you.