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

Wednesday, October 16, 2013

Gold edges up as U.S. scrambles to resolve budget impasse

* Premiums in India, China rise as demand picks ups

 (Adds trader comments, updates prices)
    By A. Ananthalakshmi
    SINGAPORE, Oct 16 (Reuters) - Gold edged higher on
Wednesday, turning round after falling in early Asian hours, as
U.S. lawmakers scrambled to come up with a bipartisan agreement
to increase the federal debt ceiling before a Thursday deadline.
    Despite some weak safe-haven bids, gold has not priced in a
U.S. default - which could result from failure to raise the
borrowing limit - on expectations that Congress will reach a
deal at the last minute. A default could roil global markets and
hamper economic recovery.
    Democrat and Republican leaders in the U.S. Senate were said
to be close to agreeing on a proposal to raise the debt limit
and reopen the partially shuttered government, with
consideration by the full Senate possibly coming on Wednesday.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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!!!