GLOSSARY
Exter’s Inverse Pyramid of Liquidity
This illustration visually shows the size of markets and their relative liquidity. The derivatives market is the largest and most illiquid, down to other paper assets and finally real estate. Cash and gold are much smaller markets and are highly liquid as money. Silver has been added to the tip of the Pyramid as it is a smaller and more liquid asset than either gold or cash. There is an estimated 6 times more gold above ground than silver, so silver is at the nexus point of the Pyramid.
John Exter (1910 - 2006) was an American economist, member of the Board of Governors of the United States Federal Reserve System, and founder of the Central Bank of Sri Lanka. He is also known for creating Exter’s Pyramid.
Glossary Terms
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Air-tite
These are the airtight, hard, clear acrylic individual coin cases. They have two pieces that snap together, the cover and the base.
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BU
These are brilliant, uncirculated coins or rounds. Unlike a proof, they have a matte finish and are only struck once so they lack some of the finer detail of a proof strike. They are approximately 1/2 the price of a proof and may have blemishes. They do not come with an airtight case or a certificate of authenticity. The price is generally just above spot.
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CENTRAL BANKS
These “institutions” are privately owned and operated. They routinely play both sides against the middle, so that no matter what the outcome of the war, the economic crisis, the business competition, or the current bubble, the bankers win. All central banks are born of the Swiss central bank named the Bank of International Settlements in Basal, Switzerland. The Rothschilds are prominently represented.
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COA
An abbreviation for “Certificate of Authenticity”. Beautiful, numbered COAs, which are pieces of art themselves, are included with each Silver Shield “proof” round produced.
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COIN DIE
The steel die contains the negative image that is to be pressed into blank planchets. Two dies are required for each coin or round. One for the front and one for the back of the round. When the negative image is pressed into the blank, the positive image is revealed.
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Community Currencies
These were instituted by cities as alternatives to the US dollar. Well over 125 US cities have instituted community currencies. Example: Ithaca NY created a coupon currency called Ithaca Hours in 1991. Their value was based on units of time. One coupon equaled $10 which represented the average hourly pay rate Ithaca wanted to support. They were sold to promote local businesses, create new business opportunities, encourage local shopping, increase the minimum wage to $10, and reduce dependence on imports.
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DEBT AND DEATH PARADIGM
This refers to bankers who entice foolish people, businesses, and governments to take on massive debt, which will eventually implode, destroying everyone and everything involved, EXCEPT the bankers themselves. They, on the other hand, simply and silently walk away unscathed, and wealthier, to seek out their next naïve victim.
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Derivatives
They are contracts between two or more entities. Their value is based on underlying assets. Smoke and mirrors. They can be traded on a stock exchange or over-the-counter. Derivatives include forwards, swaps, futures, warrants, and options.
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DIGITAL ILLUSIONS OF WEALTH
This is Chris’ term to describe any type of “wealth” that is basically just numbers on a page, such as stocks, bonds, pension plans, insurance plans, all fiat currencies, and cryptos. Unlike physical silver, which remains a constant, the others can disappear into thin air, with the touch of a button.
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Exter’s PYRAMID OF LIQUIDITY
The pyramid shows the asset classes based on risk and size, with silver at the tip. It also shows the absurdity, unsustainability, and the irrational illusion of “wealth” based on nothing but paper. [See infographic above for more]
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FIAT CURRENCY
It is money that is not backed by silver or gold. It is authorized by the issuing government as legal tender.
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HEGEMONY
It is the dominance of one social group over all others. An example that Chris routinely uses is the bankers, who control every aspect of people’s lives.
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HOLY GLOBAL DEBT JUBILEE
This will be a day of reckoning. All world leaders will finally be forced to admit that the accrued global debt is beyond repayment. They will agree to a controlled crash whereby all debt will be forgiven as they transition to a debt-free currency.
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MILITARY INDUSTRIAL COMPLEX
Former US President, Dwight D Eisenhower, warned Americans about the expansion of this US industry because of its propensity for war, even at the expense, and lives, of our own people. Without good men at the helm, it will become a self-absorbed monster pushing us towards war and consuming everyone in its path.
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Milk Spot
An opaque “cloud” on a coin or round that develops during processing. These imperfect rounds are classified as BU’s.
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MicroMintage
This term refers to the limited edition Silver Shield proof rounds, which are produced in extremely low quantities by Golden State Mint exclusively for the members of the Silver Shield Group.
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Minimintage
Publicly issued, limited edition pressing of Silver Shield silver rounds produced by the Golden State Mint. A mintage of silver that is truly in limited availability.
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Non-monetary commodities
They include real estate, stocks, inventories, property, equipment factories or plants.
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Planchet
It is a disc of plain metal that is used to make a coin or round. The round’s design is pressed into its front (obverse) and back (reverse) at the same time. Different sizes, weights and material are used depending on the round required.
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PONZI SCHEME
It is an “investment” scam, which is perpetrated by an unethical individual, or individuals, to defraud the public. The culprit convinces people to invest in a non-existent entity and then uses those investor’s money to give quick, and high, returns on their “investments”, to the initial investors. There are no legitimate fundamentals for the enterprise and usually, everyone loses their money. The most recent, and notorious, Ponzi scheme artist has been Bernie Madoff.
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PROOF
These are coins or rounds that are struck multiple times at the mint producing a mirror finish. They are the finest quality coins minted. No blemishes. They come with individual boxes, in an airtight case, and with a certificate of authenticity.
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QUANTUM HIEROGLYPHICS
It is the highest form of art. It represents the Godhead of humanity’s interconnection. It visualizes the butterfly effect. It illustrates a stone’s ripple effect. It demonstrates that through God, we are one. A picture is truly worth a thousand words.
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Rounds
This term is used within the physical precious-metal industry to describe non-government-issued silver coins. Rounds are not legal tender, but are instead, considered collectibles and are therefore viewed as an investment. Silver Shield only designs and mints “rounds”, but will occasionally use the term “coins” for those novice collectors searching online.
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SINGULARITY OF TRUTH
If we line up all 600+ of Chris Duane’s Silver Shield rounds, they will lead us to financial Truth. Silver is sacred, and it is the only commodity that will save humanity from its own financial follies.
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SONS OF LIBERTY ACADEMY
This is Chris’ educational video. It is a compilation of data, history, and facts highlighting the need for a modern-day Revelation.
The “1776” powerpoint presentation is comprised of 46 hours of video explaining the intellectual justification for, and the viability of, the restorative Silver Age of Truth. In addition, it exposes the innards of the debt-based Ponzi scheme that defines, and debases our current financial systems.
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Spot
This is the current, per ounce price of silver on the open market. It fluctuates almost momentarily. The COMEX, which is a branch of the Chicago Mercantile Exchange, determines the spot price of silver based on silver futures contracts.
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SSG
This is an abbreviation for the “Silver Shield Group”. It is a members-only group that offers unique and sometimes controversial new silver round designs on a weekly basis. These proof rounds are produced in limited quantities and ONLY sold to group members.
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STACKERS
These are people who buy and hold, “stack”, physical silver as a hedge against inflation, political manipulation of fiat currencies, bank failures, and rampant government debt. Stackers are primarily considered investors, rather than simply coin collectors.
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The Greatest Truth Never Told
This is the name of the censored YouTube channel of Chris Duane. He had nearly 200,000 followers, and it contained over 4,000+ of Chris’ videos, when it was taken down by YouTube. On his channel Chris broke down the Debt and Death Paradigm that controls our reality.