Silver prices are up along with all commodities. Food inflation in the Middle East is resulting in protests in the region which may lead to governments collapsing. Egypt is in the midst of Revolution. Food prices around the world could lead to more Economic collapse. People in China and other eastern nations are buying silver to protect themselves against hyper inflation and currency debasement. We could have a Dollar collapse.
Demand for silver bullion is still strong. Traders are moving their money back into the precious metals, Gold and Silver. Compared to the end of last year silver bullion is relatively chea
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!
Friday, January 28, 2011
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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!!!
Touche!
ReplyDeleteIs this true?
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