Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!

Wednesday, February 9, 2011

SILVER EAGLE SHORTAGE? David Morgan & Mike Maloney In Las Vegas

Silver Pyramids. Mike Maloney & David Morgan In Las Vegas
The Luxor behind you, and your information, reminds me of other Ponzi schemes such as social security and the entire stock market. You keep adding in but you won't collect in the end. I feel bad for people who know they need to invest in silver but get into nurismatic coins, just won't work.

The leverage Mike and Dave are talking about is where you would buy $100K of silver putting up only $20K in equity with the $80K balance as a loan (leveraged 5 to 1 in this case). You could make five times the gains on silver but if silver drops by 20% you equity is wiped out and you still owe $80K.
Silver Shortage
GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!