Eric Sprott speaking from the mining conference in Florida : Silver going to $100 - March 1st 2011
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!
Wednesday, March 2, 2011
Why Silver is Headed to $500/oz - Backwardation Explained by Jason Hommel
Silver expert Jason Hommel tells http://www.FinancialSurvivalRadio.com why silver, at just under $35 today, will eventually hit $500 per ounce, plus he explains why backwardation is now happening in the silver futures market
Tuesday, March 1, 2011
U.S. Mint Stops Silver Eagle Production! WOW
Silver Eagle Stoppage : http://catalog.usmint.gov/webapp/wcs/...
Production of United States Mint American Eagle Silver Uncirculated Coins continues to be temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins. Until recently, all available silver bullion blanks were being allocated to the American Eagle Silver Bullion Coin Program, as the United States Mint is required by Public Law 99-61 to produce these coins “in quantities sufficient to meet public demand . . . .”
Production of United States Mint American Eagle Silver Uncirculated Coins continues to be temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins. Until recently, all available silver bullion blanks were being allocated to the American Eagle Silver Bullion Coin Program, as the United States Mint is required by Public Law 99-61 to produce these coins “in quantities sufficient to meet public demand . . . .”
Silver Scarcer Than Gold But More Useful - Mike Maloney & David Morgan In Las Vegas
The world as we know it would cease to exist without silver.50$/oz silver is a no brainer .We are at the very beginning of a very unique opportunity for the average person to obtain silver at the last prices below $40. BUY NOW
Quote from my dealer, "I'll have to call around to get you some silver, but I have plenty of gold right now." (Dealer!!!!! Sounds like I'm jonesing for a fix!)
However , It would be worth to give gold _some_ credibility :) There is a lot of uses for gold in the electronics industry. Not to the same degree as silver, but it exists. Part of recycling of fine electronics is to get some of the gold back. It's also much used as a chemical catalyst, or at least experimented much as such.
So if gold suddenly disappeared, you'd certainly see signs of this in specific industries. It's not like no one would care or notice. But life would probably go on, indeed
Quote from my dealer, "I'll have to call around to get you some silver, but I have plenty of gold right now." (Dealer!!!!! Sounds like I'm jonesing for a fix!)
However , It would be worth to give gold _some_ credibility :) There is a lot of uses for gold in the electronics industry. Not to the same degree as silver, but it exists. Part of recycling of fine electronics is to get some of the gold back. It's also much used as a chemical catalyst, or at least experimented much as such.
So if gold suddenly disappeared, you'd certainly see signs of this in specific industries. It's not like no one would care or notice. But life would probably go on, indeed
Sunday, February 27, 2011
David Morgan - Silver Market analysis
David Morgan- Where Silver is going this decade.
This video is truly the most throrough explanation of the Silver Market I've seen so far. Too bad the quality is not good enough to see the details of the screen numbers that David Morgan uses.
This video is truly the most throrough explanation of the Silver Market I've seen so far. Too bad the quality is not good enough to see the details of the screen numbers that David Morgan uses.
iShares Silver Trust SLV scam exposed
SLV scam exposed. Investment fraud, stock market scams
I knew this about the SLV (and GLD) but everyone should know this info! To trust a banker is like trusting the devil. Don't cry when you get burned. Owning physical is the only way to go now. The GLD and SLV are insurance policies securing a lifeboat on the Titanic, but if she hits an iceberg then the insurance becomes payable in cash. SLV is fraud I kept telling people these ETFs are scams, but they won't listen.
Excellent break down of SLV! Also, I would add SLV is an open-ended fund, which is highly suspect for anything claiming to be 1:1 physical. Eric Sprott has mentioned is fact multiple times and it often gets overlooked. I spoke with my regional manager two days ago. He said he put some money into SLV, since silver has been on this run of late. I said your in the wrong shares because SLV is widely known as being used to manipulate the price of silver by the big banks. He didn't believe me. I told him to sell and buy physical silver or silver mining shares
I knew this about the SLV (and GLD) but everyone should know this info! To trust a banker is like trusting the devil. Don't cry when you get burned. Owning physical is the only way to go now. The GLD and SLV are insurance policies securing a lifeboat on the Titanic, but if she hits an iceberg then the insurance becomes payable in cash. SLV is fraud I kept telling people these ETFs are scams, but they won't listen.
Excellent break down of SLV! Also, I would add SLV is an open-ended fund, which is highly suspect for anything claiming to be 1:1 physical. Eric Sprott has mentioned is fact multiple times and it often gets overlooked. I spoke with my regional manager two days ago. He said he put some money into SLV, since silver has been on this run of late. I said your in the wrong shares because SLV is widely known as being used to manipulate the price of silver by the big banks. He didn't believe me. I told him to sell and buy physical silver or silver mining shares
Saturday, February 26, 2011
Why Silver in Backwardation = Currency Crisis - Professor Antal E. Fekete
Part 1 : Professor Antal E. Fekete: Fiat Money Unconstitutional
PART 2 : Professor Antal E. Fekete: Contango Vs. Backwardation
PART 3 : Professor Antal E. Fekete: Silverbugs are a great financial indicator
Professor Antal E. Fekete is a renowned mathematician and monetary scientist. This site will illuminate some of his important ideas in the areas of: * Fiscal and Monetary Reform * Gold Standard University * Real Bills Doctrine * Basis * Discount versus Interest * Gold and Interest
Professor Antal E. Fekete is a renowned mathematician and monetary scientist. This site will illuminate some of his important ideas in the areas of:
* Fiscal and Monetary Reform
* Gold Standard University
* Real Bills Doctrine
* Basis
*Discount versus Interest
* Gold and Interest
Okay, silver costs a price. silver in the future cost a price plus the price to store it. If silver always costs more now than in future no one is selling silver(in dollars). Wow for the first time i understand! and thank you!
Way to go Joe!!! Good interview. Thank you for putting this together. Antal is such a gentleman .. AND a TRUE academic heavyweight! I wish I could attend his 10 day course he's teaching at the beginning of March New Austrian School of Economics starting March 4, 2011, in Szombathely, Hungary, not far from Vienna, Austria. I really enjoyed covering his talk at the Phoenix silver Summit 2011
PART 2 : Professor Antal E. Fekete: Contango Vs. Backwardation
PART 3 : Professor Antal E. Fekete: Silverbugs are a great financial indicator
Professor Antal E. Fekete is a renowned mathematician and monetary scientist. This site will illuminate some of his important ideas in the areas of: * Fiscal and Monetary Reform * Gold Standard University * Real Bills Doctrine * Basis * Discount versus Interest * Gold and Interest
Professor Antal E. Fekete is a renowned mathematician and monetary scientist. This site will illuminate some of his important ideas in the areas of:
* Fiscal and Monetary Reform
* Gold Standard University
* Real Bills Doctrine
* Basis
*Discount versus Interest
* Gold and Interest
Okay, silver costs a price. silver in the future cost a price plus the price to store it. If silver always costs more now than in future no one is selling silver(in dollars). Wow for the first time i understand! and thank you!
Way to go Joe!!! Good interview. Thank you for putting this together. Antal is such a gentleman .. AND a TRUE academic heavyweight! I wish I could attend his 10 day course he's teaching at the beginning of March New Austrian School of Economics starting March 4, 2011, in Szombathely, Hungary, not far from Vienna, Austria. I really enjoyed covering his talk at the Phoenix silver Summit 2011
DAVID MORGAN : SILVER, LIBERTY & CFTC LIMITS
David Morgan is correct, If JPMorgan can't deliver physical Silver, most sheeple will gladly accept worthless paper dollars is lieu of metal. this is certainly the best interview David Morgan has done in a very long time......very revealing. I guess David is a bit conservative in ways, but he agrees the COMEX may default, Silver will continue to rise in price, and physical Silver is a very essential investment. However, he thinks JP Morgan can use "limitless fiat money" to cover its massive silver short positions....which leads to hyperinflation. JP and the wicked witch "Blythe" are going down! End the FED...Buy Silver!
The fraud being committed by the investment banks at the comex can be exposed. "Crash JP Morgan buy Silver" was the name given to the effort by Max keiser and Alex Jones to facilitate a Google bomb. That is why there is some confusion from time to time about the true nature of the campaign. Buy Silver and expose the fraud being committed on the COMEX by JP Morgan would describe the effort more accurately. With an unlimited supply of fiat currency bankrupting JP Morgan is not possible.
The banks have the power because we give them that extreme power. We have the power and every right to end their reign. The US can confiscate the Federal Reserve Systems' gold and silver and issue United States Notes.
Yeah, precious metals are a waste of time, that's why Ben ali left Tunisia with 1500 pounds of the countries gold, he didn't want them to be burdened with such a worthless asset. Less than 1% of the people own metals. That's why so many people are ignorant about real value or worth. The media and government have indoctrinated the masses to believe a piece of paper with a dead guys pictures on it is valuable. I bought silver @$12, $15, $17 and it's still a good deal. Still laughing?
The fraud being committed by the investment banks at the comex can be exposed. "Crash JP Morgan buy Silver" was the name given to the effort by Max keiser and Alex Jones to facilitate a Google bomb. That is why there is some confusion from time to time about the true nature of the campaign. Buy Silver and expose the fraud being committed on the COMEX by JP Morgan would describe the effort more accurately. With an unlimited supply of fiat currency bankrupting JP Morgan is not possible.
The banks have the power because we give them that extreme power. We have the power and every right to end their reign. The US can confiscate the Federal Reserve Systems' gold and silver and issue United States Notes.
Yeah, precious metals are a waste of time, that's why Ben ali left Tunisia with 1500 pounds of the countries gold, he didn't want them to be burdened with such a worthless asset. Less than 1% of the people own metals. That's why so many people are ignorant about real value or worth. The media and government have indoctrinated the masses to believe a piece of paper with a dead guys pictures on it is valuable. I bought silver @$12, $15, $17 and it's still a good deal. Still laughing?
Friday, February 25, 2011
Silver, Gold, Oil, & Revolution
Silver, Gold, Oil, & Revolution
The price of crude oil has reached 100 dollars, because of the revolution and turmoil underway in the middle east. This uncertainty usually boost the value of the dollar as a flight to safety. But this time the dollar has been excluded as a flight to safety. This is very bearish for the dollar. On the other hand silver and gold have performed as the premier currency, rising in value lock step with each other. Crude oild fundamentals are not as bullish as gold and silver. Millions of Americans are still out of work. So there is no need to drive to work, take a vacation, or even, cruse down the local strip just to get away. So as you can see oil consumption in the USA has gone way down. Also stock piles of crude oil are also above average, so there are no issues with supplies either. The main reason oil has regained most of its value since the crash of 2008 can be attributed to a falling dollar. Oil, gold, silver, and other commodities are all priced in dollars, and when the value of the dollar falls then it takes more dollars to buy the commodity. Higher commodity prices for all. the fundamentals for silver on the other hand are very strong. Silver and Gold are money, and also a hedge against inflation. So with high inflation, limited supply, dollar devaluation, and record high global demand for the precious metals, you can see a very bullish case for both gold and silver. The US government will need to fund 1.7 trillion of deficit in order to pay for their huge budget. Since china and japan already own a trillion apiece, and interest rates held at 0% buy the federal reserve. Their debt investment has nowhere to go but down. The federal reserve will have to make up the difference and buy the US debt through further quantitative easing, further devaluing the dollar and increasing the paper value of commodities, especially gold and silver.
The price of crude oil has reached 100 dollars, because of the revolution and turmoil underway in the middle east. This uncertainty usually boost the value of the dollar as a flight to safety. But this time the dollar has been excluded as a flight to safety. This is very bearish for the dollar. On the other hand silver and gold have performed as the premier currency, rising in value lock step with each other. Crude oild fundamentals are not as bullish as gold and silver. Millions of Americans are still out of work. So there is no need to drive to work, take a vacation, or even, cruse down the local strip just to get away. So as you can see oil consumption in the USA has gone way down. Also stock piles of crude oil are also above average, so there are no issues with supplies either. The main reason oil has regained most of its value since the crash of 2008 can be attributed to a falling dollar. Oil, gold, silver, and other commodities are all priced in dollars, and when the value of the dollar falls then it takes more dollars to buy the commodity. Higher commodity prices for all. the fundamentals for silver on the other hand are very strong. Silver and Gold are money, and also a hedge against inflation. So with high inflation, limited supply, dollar devaluation, and record high global demand for the precious metals, you can see a very bullish case for both gold and silver. The US government will need to fund 1.7 trillion of deficit in order to pay for their huge budget. Since china and japan already own a trillion apiece, and interest rates held at 0% buy the federal reserve. Their debt investment has nowhere to go but down. The federal reserve will have to make up the difference and buy the US debt through further quantitative easing, further devaluing the dollar and increasing the paper value of commodities, especially gold and silver.
Thursday, February 24, 2011
$400 Silver, Extreme Backwardation: James Turk on Goldseek Radio
James Turk & Chris Waltzek - February 23, 2011
$400 Silver, Extreme Backwardation: James Turk on Goldseek Radio
$400 Silver, Extreme Backwardation: James Turk on Goldseek Radio
Eric Sprott : There is No More Silver! The Government Lied...
Speaking at the Casey Research Gold and Resource Summit, Eric Sprott told investors that there is no more silver left to go around, "There's $22 billion of silver available in the world, of which the ETFs already own half, and between you guys and us we probably own the other half... Which means there's nothing left."
Money or currency is something that can be exchanged for a good or service. You can do this with things like food and water, its just that some people prefer to do it with gold because of the properties that it has.
fungible
divisible
not based on debt
Doesn't go bad
Debt based currencies usually fail, thus gold is preferable to that. Gold is also preferable to water and food because it doesn't go bad and it you don't need large amounts to trade.
Money or currency is something that can be exchanged for a good or service. You can do this with things like food and water, its just that some people prefer to do it with gold because of the properties that it has.
fungible
divisible
not based on debt
Doesn't go bad
Debt based currencies usually fail, thus gold is preferable to that. Gold is also preferable to water and food because it doesn't go bad and it you don't need large amounts to trade.
Inflation Protection Gold & Silver
Inflation Protection ~ Gold & Silver ~ Are you protected from hyper-inflation and stock market crashes... the wealthy balance their investments with commodities... have you followed their example yet?
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