David Morgan (Myths and Misinformation in the Silver Market)
Silver Demand: Sentiment and Trends - Myths in the Silver Market
Silver Demand: Sentiment and Trends
A quiet battle is being fought in the silver market between investment interests and industrial demand.
The
world is finally waking up to the fact that governments can take the
real silver money out of circulation, but they cannot take the money out
of silver as a commodity.
Silver as Money - Silver as Money - Silver as Money -
Silver as Money -
Silver
still has monetary demand among investors concerned about the long term
viability of paper currencies and their inherent inflationary
tendencies. Silver is also easier to set aside for hard times than stock
piling food, fuel, and other items for barter.
Despite its
historical monetary usage, silver is currently not as easy to use for
everyday purchases in the United States as the U.S. Dollar.
Nevertheless, silver is a highly liquid commodity that can readily be
exchanged for U.S. Dollars, which can then be used to purchase goods or
services.
Price Drives Sentiment -
Since the U.S. Dollar
price of silver is measured in terms of a paper debt instrument that is
being created at an unprecedented rate without any hard assets backing
it up, silver's price should be trending higher in Dollar terms.
The
upward trend in silver is also established since investment grade
physical silver is getting harder and harder to come by for individuals
interested in protecting their wealth against the risks inherent in
holding paper currencies.
The vast majority of investors will
likely miss the great silver rally, especially given what comes to mind
for most people is an association with the Hunt brothers, coin
collecting and even Mad Max scenarios.
Bullish Silver Sentiment Could Prompt an Industrial Shortage -
Unfortunately
for silver bulls, the price discovery mechanism for silver is still
driven by the few bullion banks who dominate the short side of the paper
futures market. Despite that, a broad based investor-led silver rally
could well occur once the price floor for silver becomes well
established above the $50 level.
Furthermore, given the ongoing
competition between silver investors who tend to be sentiment driven and
industrial demand that tends toward the slow and steady accumulation of
physical silver, once an industrial shortage of physical silver
develops, it could already be too late to invest in silver.
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!
Monday, March 31, 2014
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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!!!
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