Silver price over $36/oz today

Silver bullion price over $36/oz today Gold price is at $1434. Signs of economic collapse and a crash of the dollar. Silver bullion price is over $36.Silver has been historically used as money just like Gold. Both tend to be safe heavens during crisis situations. Silver is still too cheap at this moment. The current food inflation around the world just may get worse with wheat stockpiles down, fewer plantings in Russia today. The US estimates that global grain stockpiles to be down 13%. Not only does the world face a further economic collapse but now governments must prepare for food riots and further unrest.Federal Reserve's QEs Cause Worldwide Inflation - Food Prices At Record Levels .I heard that the US Mint has suspended production of ASE's, due to lack of investment grade silver



It only makes sense that there will soon be a shortage of silver to the average person. It also makes sense that at the rate things are going, the Silver would be at 50.00 an ounce EASY by the end of 2011. The dollar is slipping faster than ever and suddenly people that never gave the metals a thought, are doing so now and making 1st purchases. Food survival cans? Better hurry for these folks. Just not available in many places (sold out) and up to 120 day waiting period. A panic is beginning. Every time the FED prints massive amounts of money, they transfer money from the poor to their banks. Eventually, if they do it enough times, the people will have paid for the theft that has taken place in the past 20 to 30 years. When this happens, the economy will begin to recover. The problem is, it seems there is not enough money in the world to bring back the banks from their death dive. So we need to protect ourselves by buying silver and storing actual nickels, pennies, etc., etc.

Industrial demand from China will boost silver price

The #1 reason why silver will reach a triple digit spot price is the China factor. Prior year 2002, the private ownership of gold was prohibited in China but since early 2009, the Chinese government has been promoting aggressively the ownership of silver and gold to its citizens through China's Central Television, the main state-owned television company. Locals can buy silver bullion or gold bars at any Chinese bank in four different sizes .The Cninese demand for silver is still strong and further physical silver shortage could develop.China and its people are getting richer. They have high savings rate which enables them to invest in production and buy gold, silver and other commodities.
As Chinese people getting richer they will want to increase their standards of living. They will create demand for electronics and other consumer goods.As we know it's impossible to make iphone or TV without silver.Silver is the best electricity conductor.There is a lot of potential for high silver demand.Around 20% of World's population lives in China.


The global annual mine production for silver stands at 860 million ounces. Population of China is 1.3 Billion. Even if half, 650 million, were to buy a minimum of one ounce every month, that is enough to cause a price increase. If the Chinese citizens are indeed beginning to buy gold and silver, then this has to be a strong indication that prices are going to rise dramatically in the relatively near future.China is the only country in the world now that promotes gold and silver to their citizens.

Lindsey Williams : Silver will go to $100/oz

Gold & Silver prices "You have seen nothing yet": says Pastor Lindsey Williams the plan by the global elite to sabotage the dollar, destroy the economy and America by 2012. For the next 10 years silver will be like 2 steps forward 1 step back. But will probably be more like 5 forward 2 back. Their may be one big dip & many chickens will flap & sell, only to regret & see it shoot beyond imagination. You have to look at the industrial & technical revolution & the global economic crisis. After doing my research I don't give a dam if silver goes down, as eventual fiat currency is going to 0, it's a possible small loss or loose everything, whats the fuss.



Gold production is decreasing due to few great Gold mine discoveryes. Witwatersrand played a big rule in gold offer since 1970 and people investing in Gold should observe the whole around this metal. I have seen predictions of Gold falling back to USD 300/oz (speculation) and I have also seen predictions for Gold reaching USD 9000/oz considering industrial consumption and mining supply. Gold Mining production is around 2500 ton/year and demand around 3800 ton/ year. Take your own conclusions.
The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, (241, 207, 076 oz) the US gold holdings are worth approximately $337.67 billion. This massive gold reserve would have to increase 40 times just to cover the debt !! That’s $56,000 a once. But the us already defaulted on its gold reserves back in 1971. So whatever the us has or doesnt have in gold isnt being sold. Roosevelt already defaulted on gold back in 1933. Nixon defaulted on foreign creditors in 1971. Assuming the us still has gold, how much dollars must the us print in order to turn 300 billion dollars worth of gold into 14 trillion?

Silver will Outperform Gold , even Jim Cramer agrees

Silver is 4 - 5 times rarer than Gold.It is vanishing fast - due to industrial uses and is too cheap to recycle.In the not too distant future it will be more expensive than Gold.Get some now while they are giving it away....
It will be like buying 25 Van Gogh paintings for nothing - when he was alive.Silver is a tremendous long term investment. but watch out Jim Cramer is promoting ETF SLV , this blog is instead promoting Physical silver that you own and you touch with your own hands , anything that is printed on a paper is practically worth the paper it is printed on

Silver or Gold Bullion

During the time of Tiberius (time of Christ) 200 denarius was about 21.5 troy ounces of silver by weight, the price to buy 5,000 loaves of bread to feed 5,000 men with their families (Mark 6:37). Average price of a loaf of bread in Canada today is $3.00. To feed 5,000 at one loaf per family would cost $3 x 5,000 or $15,000. Thus an ounce of silver during the time of Tiberius priced in today’s dollars is $15,000 /21.5 troy ounces (200 denarius) = $697 per ounce.



Silver is definitely undervalued. In fact, many top analysts say the prices of silver and gold ought to be reversed based on supply alone. Some say the Earth has less than a decade left of silver left in its ground.  Silver actually has alot of industrial demand. All the Gold that's ever been mined still exists in one form or another.Silver is gonna go crazy like really really crazy as Jim Sinclair's call which is gold going to 1625$... XD get silver and get silver miner! XD . America and the World is headed toward an economic Meltdown!
The majority of individuals are simply to busy to have any insight into the above truth. If you see this truth, then please, for the sake of you and your loved ones, take a minute to empower yourself with the knowledge of what you can do to thrive and survive.JPM said they are going to lessen the naked short positions. With what their magic wand? I will never believe them. They are full of BS and their are always going to be full of BS because the Fed makes money out of thin air and they are not federal and they don't have a reserve.
The industry demand of silver is far much bigger now then in -91, also the central banks was selling of huge amounts of silver in the 90's.

Most silver today is in landfills and the reserves above ground has never been smaller.

This has made silver interesting for investors and the investing part of silver is also getting bigger and bigger.

Another "historical" event is the growing markets in the 3rd world, now getting computers and cellphones. The only demand in the 90's was from west.

Robert Kiyosaki : Gold and Silver is Gods Money

Robert Kiyosaki : Gold and Silver is Gods Money Cash is trash get your silver bullion today while still you can , in 5 , 10 years from now you will be glad you did




when this video was made, Silver was at $15.00 per ounce and NOW it's at $35.00 per Ounce..... It's going to be interesting if it reaches $6,000 per ounce like Robert Kiyosaki mentioned a couple months ago in an interview ,buying silver is just like buying gold you don't really make any money you just secure your money like insurance .silver is going to go up huge in the coming years buy now while it's low, don't sell just yet because you will be glad you didn't later. The way the Fed is printing money like it's going to run out and the debt worry in Europe the safest place to reserve your hard earned money against inflation in silver or gold. History don't like as silver and gold are the safest shelter for your money during uncertain times like we are in. Robert said: "I believe this is the biggest investment anyone can make in the next 100yrs"
I have respected Kiyosaki since i read his first book- He tells the truth without being a "whistleblower" I believe his philosophies 100 percent- and guess what , he's rich and he will always be rich - Very interesting that this video from pre Obama days mentions Poland has 1/4 of the worlds silver supply- april 2010 what just happened- the rulers wer just wiped out in one fell swoop and now they are all set to get swallowed by the EU globalists - think it has anything to do with Polands silver?

WHY INVEST MONEY IN SILVER? The Best Investment of this decade

Silver rose from less than $ 1.50 per ounce in 1970 to nearly $ 50 in 1980, increased by about 2400%
Over 90% of all silver mined the past 5000 years is used up in manufacturing, and world silver inventory is now the lowest for 200 years. Meanwhile, demand for silver greater than ever.

Every year we need 100-200 million ounces more than recovered and recycled together. Essentially, the film / photo industry, electronics industry, jewelers, silver coins and Silver bullion / bars which accounts for the largest consumption of silver. This industry requires an average of 900 million ounces annually, while the supply is 750 million. Thus the world use more silver than it produced, a development that is taking place for the twentieth consecutive year. 70-80% of the silver being transferred to the market recovered today as a byproduct of copper, zinc, lead and gold mine operating earnings because of pure silver mines is minimal. This gives a clear signal that something must be done. Either the demand down, or you must supply up. The first is unthinkable, silver has become a consumable. If the supply up, obviously recovered more. And if it produced more, then silver price up to and at all clean extraction of silver attractive to mining companies.

Famous investor and billionaire Warren Buffett bought in 1997 the entire 130 million ounces of silver, the maximum number of ounces he was allowed to buy. A giant investment that attracted enormous attention. Perhaps not so surprising when you consider that the world's silver reserves reported today is about 170 million ounces. There are several familiar names who have shown their interest in silver. George Soros owns a large share of Apex Silver (SIL). Bill Gates owns more than 10% of Pan American Silver Corp. (PaaS). Major players in the financial world who have chosen to hedge some of their portfolio in silver. In China, the government sold from the quantity of their silver store the last 4 years (2005), but has had to make cutbacks after realizing that the country's rapidly growing economy will need more silver than they can produce themselves. The authorities are now stockpiling gold and silver, and has publicly gone out and asked residents to do the same: invest in real real values.

Data from the U.S. Mint confirms an increasing demand for silver. The sales of Silver Eagles doubled from an average of 4.5 million ounces of 90-years, to over 9 million oz. in 1999. Increase the time was not only a temporarily flickers, average sales for the past 9 years prior to 2008 have added about 9.5 million oz., Against the 19,583,500 oz. units sold last year.

The problem with cash is the value of the currency it has accumulated in. If you look back in time, "paper money" always ended up being worthless, and the current situation is no exception. Most of the world economy is built on numbers in the form of notes, stocks, derivatives and other so-called securities. We have a debt based monetary system that is based almost exclusively on ordinary people's borrowing needs, so-called "fractional banking." Banks' manipulation of the modern economy is an extensive chapter to themselves. .

Official figures from the U.S. for January 2009 shows that silver is underpriced for gold with a 1:77 ratio in relation to 1:15 has been the norm historically. As a long-term, defensive investing is silver, making a huge potential, and a quadrupling of today's silver price within a short time is not unthinkable.


World silver mine Production has increased shock through the past few years from about 600 million ounces in 2001 up to 670.6 million ounces in 2008, according to World Bank Silver Survey 2009

Silver is quite diverse. It is the industrial applications . On enabling out of this, if an area of ​​the market falls a candidate can theoretically prop up the price of silver.

Some Silver Application:

* Industry: batteries, soldering, electronics
* Precious Metals: Money, Jewelry,
* New Emerging Markets: solar, water pollution, Medicinal applications

Watch out for fake Silver coins Made in China

Watch out for fake Silver coins Made in China , there some fake Chinese pandas coins circulating , so get yourself a digital scale and weight them , the Chinese are very good in making all king of fakes including gold and silver to be very careful .Weighting could not be enough though , I am sure that there will be new fake silver with the correct weight coming soon (by mixing metals, etc). As soon as we figure out their game, they change it ,while weight is a quick and easy test. It is not a final test on whether or not it is real, There are other tests that can be done. I will have to get out the college chem textbook to review. There is a calculation based on the mass of the object and its volume displacement in water for .999 fine, this will yield a theoretical calculated weight based on the molecular weight of the metal in question. Compare this to scale , there is also the ring test where you flip the coin off your thumb to make sure your coins doesn't have a high pitched sound to it. but most importantly try to buy only and exclusively from sources you trust

Gold and Silver Short Squeeze, David Morgan interview

There is a lot of talk recently about a short squeeze in silver, and about backwardation (where future month prices are in fact lower than the spot or current price) The easiest way to ride this Silver and Gold bull market which is the only true bull market around, is to buy and own physical gold and silver held in your own possession. You cannot sell simply hitting a button. Perfect situation to be in. That is, if you want to stay in your position during a bull market go long and stay long I hope that you get the last ounce of silver on planet earth. I want to see this thing explode already State of Utah has already passed a bill making Gold and Silver legal tender in the state.

Silver price will skyrocket between now and 2030

Ways for Investing in silver : The increasing demand for precious metals, along with the growth of recent years in prices of other commodities, have created the conditions for a promising future for Silver investments , one of the most popular precious metals. Silver is widely used in jewelry, in the production of coins, pottery, as well as production of electronic components and electrical circuits, and industrial alloy with good toughness. Therefore, it is expected that its price will rise a lot between now and 2030. silver ETFs are a good way to invest in this commodity, and today there are several ETFs on the market, to suit almost any level of risk tolerance. The speculators can invest in growth of the silver also buying shares in companies, or indirectly by focusing on those industries. Other more complex ways to invest on silver are buying raw material on site and / or futures markets.but obviously there is one only way we recommend in investing in Silver and that is directly buying Silver bullion coins and bars and hold it yourself in your safe or somewhere you judge secure ...ETFs and Shares are papers and could become worth the paper they were printed on in case the SHTF....and always remember Silver price will skyrocket between now and 2030

Silver is more rare than Gold!

Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver! silver is more rare than gold! Few realize or know this , in fact In refined form above ground, such as in bars & coins , so how much Silver and how much Gold is there ? : It is said that 95% of all gold mined in the history of the Humanity continues to be held by people either as investment or jewelery. How much is this? According to the World Gold Counsel, the world has mined 145,000 metric tonnes by the end of 2001. If we add the 2500 tonnes per year through the end of 2010, it's 167,500 metric tonnes, or an average of 5.90 billion ounces. If 95% if that gold is still with us, that's 5.60 billion ounces of gold in the world. (That includes gold jewelry.) Another way to say it is that mankind holds about 50 years' worth of mine supply of gold.Now, how much silver is there? According to the two industry silver surveys by the silverinstitute and the cpmgroup, the mankind has about 250 million ounces to up to 650 million ounces of silver. (Those numbers do not include silver jewelry.) If we use the larger number, there is about seven times as much gold in the world as silver! (Another way to say it is that mankind holds less than one year's mine supply of silver.)
But how about the Silver Jewelery ? there is a good reason not to include silver jewelry. we already know that silver is not as valuable as gold. When silver is made into jewelry, there is valuable skilled labor involved, which adds to the price and value of the object. A very cheap silver ring will cost about $10, and will contain about 1/5 of an ounce of silver, or less. This means the cost of that metal, in that form, is about $50/oz.! This means that silver, in the form of jewelry, cannot be sold for a profit for the sake of the value of the scrap metal alone, until silver rises about tenfold in price, up to, and exceeding, $50/oz.What is really strange is that the world has seven times as much refined gold as silver, yet silver is still very cheap compared to gold .the world mines about 2,600 metric tonnes of gold per year (according to gold.org), (83.6 million ounces) and mines about 586 million ounces of silver ( according to silverinstitute.org)Thus, the world mines about seven times more silver each year than gold. An impartial observer might view those numbers, and conclude that a minimum price for silver should be 1/7th of the gold price, not 1/60th of the gold price. Then, taking into account current refined supplies, that there is seven times as much gold in the world as silver, silver should be worth much more than that.Today, since silver is so much cheaper than gold, it is much less economical to mine and sell silver.But how much gold and silver is there in the ground? In the ground, gold is more rare than silver. The historic ratio is about 15:1, meaning 15 ounces of silver were worth about one ounce of gold, and this ratio was very close to the ratio at which the two were mined. About ten to fifteen times as much silver was mined as gold. Today, less silver is mined.My Conclusion is that the monetary demand for silver cannot go down from this point, it can only go up.

David Morgan says that there is no Silver Shortage ! - FSN 11 Mar 2011

David Morgan on the Financial Sense Newshour 11 Mar 2011 debating with Jim Puplave whether we have a silver shortage or not ....

IS SILVER A GREAT INVESTMENT? David Schectman

IS SILVER A GREAT INVESTMENT? David Schectman



my position is still silver but everyone conveys the message that gold is not a good invesment (not even close to silver). What happens if say in 5-10 years from now, the dollar tanks and we accept a new world currency propped/backed up by gold? Gold would clearly win in my opinion. Look at palladium. it goes up and up looks like a perfect invesment for the long term. yet, if the world goes to electric cars in the future, its value will plumme

Silver $600/oz soon but dont sell as new ratio with Gold attained in future predict Web bots

Silver $600/oz soon but don't sell as new ratio with Gold attained in future predict Web bots