I really don't think anyone out there is honestly considering what would happen if all of a sudden we just didn't have any money. Granted, such a situation is hard to visualize. But what if all our dollars just disappeared one day? How would we function? How would we get our food, our oil, our clothes, our medicine? How would we pay our phone bill? Would we use corn we’ve grown in our garden, seashells, old lottery tickets?

It’s hard to imagine not having something that you have had for a long time, something you are used to, like gasoline or a telephone. I used to think I would die without the daily use of a telephone. Then I joined the Peace Corps and lived without a phone for months at a time. I didn’t die, but I did have periods where I would be sitting on my island alone and would have paid someone who showed up at my door with a working telephone a hundred dollars just to use it for a few minutes. Just a few minutes. And I didn’t really need a phone.

What people don’t realize is how important money is in their everyday lives. They use it for everything. We live lives of trade and exchange and money is the only thing that allows us to do that. Without the ability to trade in an orderly manner, society collapses into disorder and chaos. Ben Steil in New York at The Hard Assets Show two months ago stated that when third world countries have a currency collapse and the governments then reissue a new currency, the citizens go to the bank to get that currency and immediately convert it into U.S. Dollars.

His question to follow that was: What do holders of that reserve currency, the currency of last resort do when they no longer trust it? He believes they will go into gold. I believe so too. They will go into gold to facilitate trade transactions. To get their food, to pay their bills, to keep the trade that underlies all civilized societies functioning. Here is the issue. Gold does not function very well as a medium of day to day transactions. Traditionally, gold was used as a store of value and for large transactions. Day to day, smaller transactions were done with silver.

This is why the whole gold bull market is becoming more fascinating every day. You see, I think that most people who say they are believers are really closet gold atheists. They’re excited about the ride and like to be where all the action is happening, but when one really gets down to it their thoughts are of the type that believe that the dollar will always be around and gold is just a relic from another, actually many other ages. Gold will never be money again.

That’s why silver is not respected. Because, honestly, gold is not respected either. There’s just more money in it right now, but only a few people like James Turk, Eric King, Ted Butler and David Morgan understand what the real meaning of the story is.

When YOU go down to the wine store to buy a bottle of wine and hand the man a twenty dollar bill and he looks at you and shyly asks, “Do you have anything a little more substantial?” You’ll start to feel it. But you’ll be able to talk him into taking your paper. When he says a few months later, “I can’t take that. I need something of more value, something more real.” You’ll start to panic a little bit. You’ll wonder, “What’s wrong with my money? How come it’s not working like it should?”

You’ll be glad you own gold and silver or a company that mines gold and silver, because everybody in the world will suddenly realize how hard it is to get on with life when everything is done on the barter system. Think about these things. Use your imagination. Edgar Cayce once said that the way to develop intuition was to work with your imagination. Try to imagine what’s coming and you’ll see it better when it gets here. It is coming. Bull