--- title: "Meaning & Key Takeaway of: There is no doubt in my mind that as…" description: "\"There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary demand for silver and the ..." image: "https://sms4smile.com/quotes/i/144/porter-stansberry-16381_central-bank_there-is-no-doubt-in-my-mind-that-as-cen_14669.jpg" --- # There is no doubt in my mind that as central banks begin… ![“There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary demand for silver and the silver ratio will plummet. If you look at all of the monetary crises over the last 100 years, any time that there has been even a whiff of a…” quote by Porter Stansberry](https://sms4smile.com/quotes/i/144/porter-stansberry-16381_central-bank_there-is-no-doubt-in-my-mind-that-as-cen_14669.jpg) [Download](https://sms4smile.com/quotes/i/144/porter-stansberry-16381_central-bank_there-is-no-doubt-in-my-mind-that-as-cen_14669.jpg) [Open image](https://sms4smile.com/quotes/i/144/porter-stansberry-16381_central-bank_there-is-no-doubt-in-my-mind-that-as-cen_14669.jpg) > “There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary demand for silver and the silver ratio will plummet. If you look at all of the monetary crises over the last 100 years, any time that there has been even a whiff of a collapse of the dollar, the silver ratio has soared.” [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Predicts that a loss of confidence in the US dollar will drive investors to silver as a monetary hedge, causing its price relative to gold to rise sharply. **In simple terms:** Dollar decline boosts silver demand. Key Takeaway Silver as a safe‑haven asset. Themes Monetary policy Currency risk Precious‑metal investment Inflation hedge Market psychology Mood Cautiously optimistic Analytical Type Forecast Investment insight When to use this quote - Central‑bank policy shifts - Geopolitical tensions - Financial crises - Portfolio diversification - Speculative trading Key Concepts Dollar‑silver ratio Liquidity crunch Store of value Practical Applications - Asset allocation to silver - Risk‑management strategy Questions to Reflect On - What historical data supports the link between dollar weakness and silver price spikes? - How might alternative assets respond to a dollar collapse? ★ ★ ★ ★ ★ No ratings yet [Central bank](https://sms4smile.com/quotes/about/central-bank/) [Doubt](https://sms4smile.com/quotes/about/doubt/) [Gold](https://sms4smile.com/quotes/about/gold/) [Mind](https://sms4smile.com/quotes/about/mind/) [Psychology](https://sms4smile.com/quotes/about/psychology/) [Silver](https://sms4smile.com/quotes/about/silver/) [Time](https://sms4smile.com/quotes/about/time/) ## Related quotes > [Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper…](https://sms4smile.com/quotes/mark-skousen/back-in-1960-the-paper-dollar-and-the-silver-dollar-both-were-the/) [Mark Skousen](https://sms4smile.com/quotes/author/mark-skousen/) > [Experience has proved to us that a dollar of silver disappears for every dollar of paper emitted.](https://sms4smile.com/quotes/thomas-jefferson/experience-has-proved-to-us-that-a-dollar-of-silver-disappears-for/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Historically, bad money always drives out good. Accordingly, if a central bank anywhere in the world sets up its currency to be backed by…](https://sms4smile.com/quotes/porter-stansberry/historically-bad-money-always-drives-out-good-accordingly-if-a/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [The fear is that if the dollar falls below 50% of the currency basket held by commercial and central banks and insurance companies, there…](https://sms4smile.com/quotes/porter-stansberry/the-fear-is-that-if-the-dollar-falls-below-50-of-the-currency-basket/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [We are privileged that the dollar is the "currency of last resort" and the most important currency in the world. Global commodities are priced…](https://sms4smile.com/quotes/kabir-sehgal/we-are-privileged-that-the-dollar-is-the-currency-of-last-resort-and/) [Kabir Sehgal](https://sms4smile.com/quotes/author/kabir-sehgal/) > [By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds…](https://sms4smile.com/quotes/george-soros/by-creating-the-european-central-bank-the-member-states-exposed-their/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) > [Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was…](https://sms4smile.com/quotes/llewellyn-rockwell/welcome-to-the-age-of-paper-money-where-governments-and-central-banks/) [Llewellyn Rockwell](https://sms4smile.com/quotes/author/llewellyn-rockwell/) > [Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side:…](https://sms4smile.com/quotes/rick-santelli/believe-me-when-you-re-talking-about-trust-in-government-you-re/) [Rick Santelli](https://sms4smile.com/quotes/author/rick-santelli/) > [We've delegated politics to bankers. The European Central Bank is inside Deutsche Bank, and Deutsche Bank is inside the Bundesbank.](https://sms4smile.com/quotes/beppe-grillo/we-ve-delegated-politics-to-bankers-the-european-central-bank-is/) [Beppe Grillo](https://sms4smile.com/quotes/author/beppe-grillo/) > [“The Fed is still on the same track.” Whatever you call it, the benign economic environment has supported a bull market since 2009, and…](https://sms4smile.com/quotes/anonymous/the-fed-is-still-on-the-same-track-whatever-you-call-it-the-benign/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [In the old days we were the challenger brand competing against the big banks, but today I go round the world and I sit…](https://sms4smile.com/quotes/lloyd-dorfman/in-the-old-days-we-were-the-challenger-brand-competing-against-the/) [Lloyd Dorfman](https://sms4smile.com/quotes/author/lloyd-dorfman/) > [Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive…](https://sms4smile.com/quotes/llewellyn-rockwell/repeal-the-entire-banking-act-of-1933-and-austrian-school-economists/) [Llewellyn Rockwell](https://sms4smile.com/quotes/author/llewellyn-rockwell/) > [Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.](https://sms4smile.com/quotes/urjit-patel/monetary-policy-transmission-encompasses-the-whole-continuum-of/) [Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/) > [There could be some compromise, but I think we have to stick to the provisions of the treaty, and the provisions of the treaty…](https://sms4smile.com/quotes/jacques-santer/there-could-be-some-compromise-but-i-think-we-have-to-stick-to-the/) [Jacques Santer](https://sms4smile.com/quotes/author/jacques-santer/) > ['Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider…](https://sms4smile.com/quotes/paul-singer/inequality-has-become-the-political-theme-slogan-of-our-time-in-both/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) ## More by Porter Stansberry > [I didn't understand anything about fracking or horizontal drilling until about 2010, when I first learned about the Eagle Ford.](https://sms4smile.com/quotes/porter-stansberry/i-didn-t-understand-anything-about-fracking-or-horizontal-drilling/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [You wouldn't want to underestimate the perfidy of the government. I have no doubt that the government will need to increase revenues substantially to…](https://sms4smile.com/quotes/porter-stansberry/you-wouldn-t-want-to-underestimate-the-perfidy-of-the-government-i/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [The fear is that if the dollar falls below 50% of the currency basket held by commercial and central banks and insurance companies, there…](https://sms4smile.com/quotes/porter-stansberry/the-fear-is-that-if-the-dollar-falls-below-50-of-the-currency-basket/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [The yuan is actually a very attractive currency and will prove to be very reliable-much more so than the U.S. dollar.](https://sms4smile.com/quotes/porter-stansberry/the-yuan-is-actually-a-very-attractive-currency-and-will-prove-to-be/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [As you know, the United States has been a net debtor to the world each year since 1976, I believe. 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Brazil, for…](https://sms4smile.com/quotes/porter-stansberry/there-s-been-a-dichotomy-in-the-world-financial-markets-over-the-last/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [And I don't want my assets to be stuck inside a banana republic in the midst of a huge socialist experiment.](https://sms4smile.com/quotes/porter-stansberry/and-i-don-t-want-my-assets-to-be-stuck-inside-a-banana-republic-in/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [I was very bearish on natural gas for many years, pretty much from 2006 on. There was a tremendous natural gas bubble in the…](https://sms4smile.com/quotes/porter-stansberry/i-was-very-bearish-on-natural-gas-for-many-years-pretty-much-from/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [Historically, bad money always drives out good. Accordingly, if a central bank anywhere in the world sets up its currency to be backed by…](https://sms4smile.com/quotes/porter-stansberry/historically-bad-money-always-drives-out-good-accordingly-if-a/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [There is a tremendous amount of oil in Iraq and it's still very, very cheap due to all the political uncertainty. So if you…](https://sms4smile.com/quotes/porter-stansberry/there-is-a-tremendous-amount-of-oil-in-iraq-and-it-s-still-very-very/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [There is a belief, at least on the part of the American people, that they can borrow money forever without consequence.](https://sms4smile.com/quotes/porter-stansberry/there-is-a-belief-at-least-on-the-part-of-the-american-people-that/) [Porter Stansberry](https://sms4smile.com/quotes/author/porter-stansberry/) > [You can survive your income falling if it's not dramatic. 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The European Central Bank is inside Deutsche Bank, and Deutsche Bank is inside the Bundesbank.](https://sms4smile.com/quotes/beppe-grillo/we-ve-delegated-politics-to-bankers-the-european-central-bank-is/) [Beppe Grillo](https://sms4smile.com/quotes/author/beppe-grillo/) > [Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side:…](https://sms4smile.com/quotes/rick-santelli/believe-me-when-you-re-talking-about-trust-in-government-you-re/) [Rick Santelli](https://sms4smile.com/quotes/author/rick-santelli/) > [Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. 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When central bankers ignore that relationship by providing more capital that functionally…](https://sms4smile.com/quotes/said-elias-dawlabani/money-is-to-an-economy-as-nutrition-is-to-the-human-body-when-central/) [Said Elias Dawlabani](https://sms4smile.com/quotes/author/said-elias-dawlabani/) [Browse all 254 Central bank quotes ](https://sms4smile.com/quotes/about/central-bank/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary demand for silver and the silver ratio will plummet. 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