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!
Showing posts with label Bill Holter. Show all posts
Showing posts with label Bill Holter. Show all posts
Friday, November 6, 2015
Bill Holter: Silver Most Undervalued Asset
Bill Holter writes and is partnered with Jim Sinclair at the newly formed Holter/Sinclair collaboration. Prior, he wrote for Miles Franklin from 2012-15. Bill worked as a retail stockbroker for 23 years, including 12 as a branch manager at A.G. Edwards. He left Wall Street in late 2006 to avoid potential liabilities related to management of paper assets as he foresaw the Great Financial crisis coming. In retirement he and his family moved to Costa Rica where he lived until 2011 when he moved back to the United States. He was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-present. Bill has retained a working relationship with Miles Franklin and can help with any of your precious metals needs including storage.
During this 25+ minute interview Jason asks Bill about the inflation/deflation debate. Jason and Bill talk about how the mainstream media and experts like Harry Dent talk non stop about deflation while people's grocery bills, healthcare bills and asset prices have soared higher.
Bill thinks people will suffer a double whammy where their bills continue to rocket higher while asset prices fall.
Jason and Bill discuss the emerging markets and how many commodity currencies and emerging markets might experience currency problems and massive devaluations even more than they currently have.
Jason then asks Bill about the gold and silver markets and if the paper price is sustainable?
Bill thinks if the paper price for gold and silver go much lower, mines will start shutting down and there will be large supply problems.
Bill thinks the miners that survive will be great investments long term as miners did superbly after the 1929 stock market crash.
Jason and Bill talk about the Gold:Silver ratio and how out of whack it is and why the current ratio favors silver. Bill thinks silver is the most stupidly undervalued asset on the planet.
To wrap up the interview, Jason asks Bill why Russia and China haven't pulled the plug yet on the US Dollar as the sole WRC?
Bill says it's very simple. As long as China can continue to accumulate undervalued gold from the US and the West they will allow the current system to keep going.
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
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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!!!