Mike Maloney says Silver at $100 /oz is a no brainer on CNBC 4-2010

Sunday, December 26, 2010

Mike Maloney says Silver at $100 /oz is a no brainer on CNBC 4-2010

Well Mike's prediction of $30 silver came true faster than he predicted! It's about to break through right now! Buy Gold & Silver , The shortage is calculated by the amount that is currently being "produced" and the amount being consumed. The consumption outways the consumption. As far as increasing production, if you find any silver deposits that are not being mined right now, make sure you tell me first.

Mike Maloney makes it all so simple and clear. The book is great!
Ted Butler also trust silver. Surely gold and silver (and copper too ) are better than paper- money.Silver is used in new technologies. Solar Panels.
Just wish I had a big pile of money that I could put into silver - and maybe gold. I have made a start and trust Mike's advice to put anything spare into gold and silver because whatever happens over the next decade these will be the investments to have.

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Silver is a vital commodity to our way of life. Silver is a precious metal that is being trashed as an industrial metal. As a result, it is within years of becoming the first metal to become extinct according to the USGS. At some point the shortage is going to become so obvious, that people are going to rush to turn in their depreciating dollars for real silver money. That is just the monetary demand of silver, the industrial and strategic demand is another huge factor we should consider.Silver is a precious metal a monetary metal and an industrial metal, Industry alone requires over 900 million ounces each year , Silver has antibiotic antibacterial anti fungal and anti microbial properties . Silver is used in Dentistry Photography electronics Mirrors optics Medicine and in clothing , Silver is the best thermal conductor of all metals and The Best Electrical Conductor ,Silver is also an important catalyst in chemical processing.As far as getting it out of the ground, that will take energy which seems to be only getting more expensive,China is now the world’s third largest silver miner after Mexico and Peru, and the world’s largest Silver refiner,Get in on the bonanza and get your physical silver today while it is still available at a affordable price. In the next few years you may loose your ability to get in on one of the greatest investments that will protect your financial security when the dollar implodes and economic chaos appears in your area - you will be happy you did .USA geologist society have predicted that Silver will be the first element of the periodic table to run out by 2020. Physical silver outperformed the mining stocks by 4 times during the last bull market .Only about 2% of COMEX silver contracts are actually settled by physical delivery, and the rest are settled for cash or rolled over , Decades of market manipulation has made silver the most underpriced commodity in history Be thankful that you have realized this in time to capitalize.JPM and HSBC are behind the Big Silver Short.Get yourself some physical silver and take possession if you want any certainty of cashing in before the paper silver derivatives become worthless.The COMEX does not have the 103 million ounces they claim to have.