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

Thursday, December 4, 2014

Inevitable Upcoming Silver Shortage

Andrew Hoffman | December 3, 2014 

Yesterday, the Cartel did everything imaginable to enforce their time-honored “rule” that “all great PM days must be followed by horrible ones.”  And this is in an environment of accelerating global currency collapse – i.e., the “single most precious metals bullish factor imaginable” – and a renewed plunge in industrial commodities like crude oil and base metals.  Yet, with all their huffing and puffing – particularly on hapless mining shares – gold closed at the Cartel’s $1,200 “line in the sand,” while silver was unchanged; which in our view, was very positive trading action.  Let alone, this morning’s surge back to Monday’s highs, as I write at 11:00 AM EST.

Regarding the accelerating worldwide currency conflagration, I cannot help but chuckle at relentless predictions of a dollar index plunge to 50 and below.  To that end, I have all but screamed that such an event was essentially impossible, with 150 more likely before the global fiat Ponzi scheme collapses.  In other words, whilst the dollar will dramatically decline versus items of real value, the “reserve currency” will act as the penultimate “safe haven” as the system collapses – until inevitably, the ultimate safe havens of gold and silver take over.  This is exactly what is occurring today – with currencies across the globe losing purchasing power so rapidly, it is almost comical to forecast “deflation”; especially when the standard Central bank response to a strengthening currency is debasing it – which is exactly what the Federal Reserve will be shortly forced to do with the dollar.  Not to mention, as the U.S. economy plunges deeper and deeper into recession.

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!!!