How Silver Saved My Life

“I sold the coins for current pesos and went to the grocery store. I literally bought food for my family that day,” recalls Lobo Tiggre. In today’s summer series themed on how precious metals can change and even save lives, he shares emotional moments of how silver coins came to the rescue.

The first shock occurred in 1977:“My stack of cash is literally worth half of what it was the day before.” Decades later, in 1999, Lobo was driving to Costa Rica with his wife and three children when the job he was moving for vanished mid-journey. Stranded in Mexico with no income and mouths to feed, he turned to his old coin collection — a briefcase of silver he'd saved since childhood.

“If I had had paper pesos, they would have been basically worthless. But instead, I had those pesos that had a smidgen of silver.”
“That lesson didn’t just save my life. It later saved my family.”
Watch the video to hear Lobo’s full story, a powerful reminder of why real money still matters.

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📖 CHAPTERS:

Chapters:
00:00 Lobo shares how silver ultimately saved his family’s life
04:58 The 1999 crisis: job loss mid-move and turning to silver
07:07 How the Mexican peso devalued and what it taught him
08:37 Selling old coins to feed his family
10:14 How Lobo joined Doug Casey and started a new chapter
11:43 When your bank account can go to zero overnight
13:42 Frank Giustra’s similar experience in Argentina
14:45 The fragility of trusting financial systems
20:40 Why silver still matters today

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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.

Disclaimer: The information provided in this video is for educational purposes only and should not be construed as financial advice. Gold and silver prices are influenced by many factors and may fluctuate. All assets carry some risk and past performance does not guarantee future results. The views expressed by our hosts or guests do not always reflect the views of ITM Trading nor guarantee a specific outcome. Always conduct your own research and consult a financial advisor before making any investment decisions.

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