Silver bullion rounds are increasingly harder to come buy locally. Perhaps the Max Keiser buy silver crash JP Morgan is kicking in. I also think silver is in demand because people are starting to catch on that the paper money is in trouble. They are looking to protect themselves in case of an economic collapse, a dollar collapse or other financial crisis. Junk silver coins can be had locally, but how high will silver have to go before people start selling back there one ounce silver rounds? I think the junk silver coins will start to gain in popularity as the silver bullion gets hoarded.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.
i personally don't think the general public will immediately identify junk silver coins. personally i think that the 999 "labelled" silver will be more practical in a SHTF situation or collapse. there is a lot of fractional 999 silver around that could be better for those scenarios... but ANY SILVER IS GOOD ! like the videos and subscribed
Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Sunday, January 23, 2011
Subscribe to:
Post Comments (Atom)
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!!!
No comments:
Post a Comment