Tuesday, December 7, 2010

Silver Shortage imminent

Silver to skyrocket on industrial growth

I expect silver to be $50 by the start of the new year .with every investor large and small buying silver coins - that alone would push the price up - I stop at a pawn shop today and bought 5 silver eagles- climb baby climb.unless the JPM/HSBC cartel have more derrivative shorts in the face of 5 class action law suits and a RICO bankster short-squeeze. Now JPM bought 1 billion of copper in London to cover their silver shorts? Money manager predicts the price of silver to skyrocket on industrial growth

Silver Shortage imminent,once the price goes up, we will see silver recycled from all the electronics that we use. Silver deposits in the ocean will be dug up. will all this satisfy the consumption of silver that we use currently? China and India should see an increase in standard of living.....that means more computers, TV's, etc. Thats an increase of consumption by 2-3 billion people. will the new found silver satisfy future consumption rates? who knows, but i think we all agree that it looks good for silver
actually we pretty much have dug everwhere. with how much money is it, better believe people know where its at. major gold deposits have all been found ( still smaller ones out there). the key point of less silver being in the ground than gold is economically accessible. There are major silver deposits in the oceans but until silver price goes up, it will cost more to get it out than what its worth currently. Not to mention that none is recycled like gold. again because of the price

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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.