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

Thursday, May 5, 2011

No Panic ! Time To Buy Silver CNBC 06/05/11

A Great time to buy physical silver.

busy market day after an enormous rally. silver selling off. the precious metal down by about 20% just since Monday when margin requirements were margin requirement raised by the CME .Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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!!!