A Treatise on a very under appreciated asset class, notably Silver. During a time when the global economy is in turmoil and more importantly all the major currencies, silver (and gold) are the ultimate safe havens although most in the western world fail to realize this. Even most americans don't know the U.S. was founded on a silver standard. A fiat monetary system in unviable and led to over 60 instances of hyperinflations in the 20th century. In the near future, a wave of fiat monetary systems around the world will collapse as all major economies (notably in the western world) are laden with debt, the earmarking of every currency collapse in history. Silver (and gold) have been monies for over 5,000 years, since the advent of handwriting. It was silver, that was used as a unit of account in journal entries. This treatise covers all aspects of silver including a monetary history, both worldwide and in the United States. The fundamentals of silver (supply and demand) are examined in detail, including the fact silver is the best conductor of heat and electricity, making it vital to our civilization, especially in technology. On top of the industrial component is the monetary aspect, which has increased at furious pace following the 2008 financial crisis, gaining steam and shattering records for the last two years.It will be the monetary demand which propels silver to unthinkable levels in the short-medium term and the industrial demand driving prices in the long term. A detailed analysis of money, banking and remarkable debt accumulation have laid the foundation for the coming currency crisis. Austrian Business Cycle Theory is explained and applied to both the past (when nixon closed the gold window) to present day as well as applied to our forecast of why there is (realistically) no way of avoiding a currency crisis (monetary reset, hyperinflation, etc). There is a high probability that the precious metals will once again play an important role in monetary systems around the world.