Silver And Gold: 3 Catalysts For A Breakout
"For the first time in a while silver looks like a deep value
play. All you need is a supply shortage and that can be a major
catalyst." -Andrew Chanin, PureFunds
By the behavior of
silver and gold spot prices over the past two plus weeks it almost
appears the breakout is underway. Perhaps it is as many would
like to think. But let's not speculate ahead of ourselves without
support of logic and the holding of no misconceptions about metal price
rise. Fact: the price of silver and gold is going up, because the value of fiat currency is going down.
This
article intends to make a case for precious metals with examples of
mine-production decline and supply shortage, where and why the trend is
most likely to continue, and a look at compounding economic factors that
when combined with shrinking supply will create prosperity for some and
despair for others.
1. Mexico, silver shortage; our first catalyst is silver mine production down nearly 10%.
http://seekingalpha.com/article/1660812-silver-and-gold-3-catalysts-for-a-breakout
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, August 28, 2013
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!!!