Following the news last week that the U.S. Mint had run out of its initial production of 2013 Silver Eagles, reports were circulating on industry blogs that the Royal Canadian Mint was next-in-line, and suffering a silver shortage.
In other news the FED balance sheet crosses 3 Trillion as they print $85 billion per month. Not only is the fed printing but countries across the globe are expanding their currency supplies.Very interesting how the velocity of US Dollars is at a 50 year low while the money supply triples... which is the only reason that inflation has not yet sky-rocketed. But with the world-wide massive debasement of currencies by printing money out of thin air and chronic massive deficit spending, the prognosis for paper money & world economies is not good. This is all non-sustainable & sooner or later, something is going to give. Don't trust paper, trust PHYSICAL gold & silver in your hands.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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!
Wednesday, March 13, 2013
What is a silver shortage, and is there one right now?
What is a silver shortage, and is there one right now?
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!!!