Silver market on fire breaking $46 !!!

Thursday, April 21, 2011

Silver market on fire breaking $46 !!!

Silver going exponential : what these market commentators do not get is that SILVER is not just a commodity to speculate on , SILVER is money real money , it is not really the price of silver going up as much as is the value of the dollar falling down by the minute cause Bernanke is flooding the market with yet more worthless paper money . Silver and gold are MONEY always were and always will be , this 41 years of FIAT currency experiment is coming to an end and people are starting to wake up to the fact that only silver and gold are money ...please keep on hoarding silver price is going over $100 before the end of this year the genie is out of the bottle and there is stopping it ...LOL...

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

1 comment:

ASH (Ashutosh Singh)April 22, 2011 at 5:12 PM
Excellent video, I am all in for Silver & my favorite is PSLV & SLW. However I do own some call options on SLV (just to add a bit of leverage into my account). Thanks for keeping updated..
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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.