Physical Silver Storage Confirmed Scam so be careful and go get your physical silver now
Bill who purchased some 5000 ounces of silver in January 2003 paying $4.94 had it stored for him by his broker since then , but June last year his coin dealer challenged him to call his broker up in New York and ask for delivery , which he did , his broker told him that's not possible despite he was paying storage fees since 2003 ! it's part of the poll account you do not take delivery you just participate in the appreciation his broker told him , so bill decided to do the wise thing which is sell all that silver paper and go get the real physical silver that he can have in his own hands and store for himself , Physical Silver Shortage Confirmed to be a scam , I think Paper silver will be worthless once the masses catch on there is not enough silver to deliver physical to everyone that holds a paper representation of Silver. The Silver ETF s like JP Morgans SLV will substitute rapidly devalued if not worthless dollars as per their "non deliverable" clause in their fine print. You need to get out of paper now and convert it to physical Silver at whatever the cost before its too late.

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!
Tuesday, April 19, 2011
James Turk Silver to reach $50 by 2011
James Turk : "We're probably going to see $1,800 - $2,000 this year on the gold price and silver looks like it's going to go to at least $50, given the way the backwardation is forming right now... The demand for physical metal is just absolutely huge and the paper market is being more and more discredited as a price discovery mechanism. As a consequence you're going to see even greater demand for physical silver as we go forward." - in mineweb.com
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James Turk
John Embry Silver Above $50 in 2011 Gold Over $2,000
John Embryof Sprott Asset Management Silver Above $50 in 2011 Gold Over $2,000
I don't know how long the dollar will last for. But I rather jump out of a boat before it sinks than sit around to see how things turn out.Silver & Gold is your lifeboat. Diversify with Physical Gold and Silver - BIGGEST INVESTMENT EVER : Silver and gold do not go up. The value of the dollar goes down. Silver doesn't appreciate. It does not produce cash flows. Gold is money. It is not an investment. It is wealth preservation. You can trade an ounce of sliver for the same amount of goods as you could in 1913. The silver to oil or silver to bag of potatoes ratio should never change. Silver and gold are just money. There are arbitrage opportunities at times, but in the long run silver and gold are simply money.Silver is by far a better investment. Look at the numbers of silver over the years. It has outperformed gold and it is still a bargain even at $35.00. Imagine it going to $50.00. or $100.00 Bill gates has 30% of his assets in silver. Maybe he knew something that we did not.buying gold and having the ability to hold it in your hand is better than receiving a piece of paper stating how much you own. Because that piece of paper with that statement is no different than having the dollar bill in your wallet, paper may have a statement (IOU wise) but gold is GOLD.If you are going to buy gold you are better off buying actual gold that you can touch. Not a piece of paper or a certificate - thats just an iou in my opinion. If your going to keep an iou - you may as well hold dollars.There are gold dealers all over. look up the yellow pages
I don't know how long the dollar will last for. But I rather jump out of a boat before it sinks than sit around to see how things turn out.Silver & Gold is your lifeboat. Diversify with Physical Gold and Silver - BIGGEST INVESTMENT EVER : Silver and gold do not go up. The value of the dollar goes down. Silver doesn't appreciate. It does not produce cash flows. Gold is money. It is not an investment. It is wealth preservation. You can trade an ounce of sliver for the same amount of goods as you could in 1913. The silver to oil or silver to bag of potatoes ratio should never change. Silver and gold are just money. There are arbitrage opportunities at times, but in the long run silver and gold are simply money.Silver is by far a better investment. Look at the numbers of silver over the years. It has outperformed gold and it is still a bargain even at $35.00. Imagine it going to $50.00. or $100.00 Bill gates has 30% of his assets in silver. Maybe he knew something that we did not.buying gold and having the ability to hold it in your hand is better than receiving a piece of paper stating how much you own. Because that piece of paper with that statement is no different than having the dollar bill in your wallet, paper may have a statement (IOU wise) but gold is GOLD.If you are going to buy gold you are better off buying actual gold that you can touch. Not a piece of paper or a certificate - thats just an iou in my opinion. If your going to keep an iou - you may as well hold dollars.There are gold dealers all over. look up the yellow pages
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John Embry
MASSIVE SILVER SHORTAGES AHEAD!
Now iss the time to purchase your silver coins and bullion. Supplies are razor thin and demand is soaring! In Europe silver is virtually impossible to purchase....the silver market is going up and up everyday , I think a huge shortage will be with us in less than 5 years.The dollar is done! The move into silver and gold will come shortly. Big things are starting to happen in the markets!! CRASH JP MORGAN, BUY SILVER!!
Monday, April 18, 2011
John Rubino : Short Squeeze In Silver ! Could Be The Big One
Silver is in a prolonged backwardation , basically silver was in a backwardation since January , a backwardation happens when the spot prices are higher than the Future prices it is a very rare very unusual very bullish situation , normally when a commodity goes into backwardation it lasts just for a short time but Silver was in backwardation since January , even if the price of silver has risen it remained in backwardation which is very very rare .People should own some physical silver around them but also store some in other countries. Better to diversify geographically. Confiscation risk is possible although not currently probable. A well diversified precious metals portfolio would be diversified geographically with physical metal though. Gold Money, Central Fund of Canada, Sprott, Perth Mint, etc.
John Rubino, author of "The Collapse of the Dollar" and co-author, with GoldMoney's James Turk, of The Collapse of the Dollar and How to Profit From It (Doubleday, 2007), and author of Clean Money: Picking Winners in the Green-Tech Boom (Wiley, 2008), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998). After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a Eurodollar trader, equity analyst and junk bond analyst.
John Rubino, author of "The Collapse of the Dollar" and co-author, with GoldMoney's James Turk, of The Collapse of the Dollar and How to Profit From It (Doubleday, 2007), and author of Clean Money: Picking Winners in the Green-Tech Boom (Wiley, 2008), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998). After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a Eurodollar trader, equity analyst and junk bond analyst.
Labels:
John Rubino,
short squeeze in silver
Sunday, April 17, 2011
Mike Maloney Silver is the next Gold
Mike Maloney for the first time in human history silver is more rare than Gold , the amount of silver that investors can buy , the amount of silver in the exchanges , the amount of silver in the dealers , there is more gold for investors to buy than there is silver so as this bull market progresses I do expect a rush into silver as people find out that silver is more rare ....
Mike Maloney about Gold and Silver Investments : "Silver And Gold Hit A New All-Time High Price" Thanks To Dollar . Collapse Gold hits new all time price and Silver hits a new 31 year
high price. The steady collapse of the U.S. dollar will continue to
make silver and gold rise as it will take more paper money to buy
them.
Mike Maloney about Gold and Silver Investments : "Silver And Gold Hit A New All-Time High Price" Thanks To Dollar . Collapse Gold hits new all time price and Silver hits a new 31 year
high price. The steady collapse of the U.S. dollar will continue to
make silver and gold rise as it will take more paper money to buy
them.
Labels:
Mike Maloney
Saturday, April 16, 2011
Bob Chapman : Silver Miners Shorted By US Government !
Bob Chapman : Silver Miners Naked Shorted By US Government !
Bob Chapman : what you have to look at here and it's not being much talked about it and that is the United States Government is using hedge funds to naked short all of the gold and silver stocks , that's part of what they are doing to gold and silver itself and that's why they haven't performed as well as they should , you see a very good company move up and then Bang it is back again and that's them doing that on behalf of the government and that's what's going on
Bob Chapman : what you have to look at here and it's not being much talked about it and that is the United States Government is using hedge funds to naked short all of the gold and silver stocks , that's part of what they are doing to gold and silver itself and that's why they haven't performed as well as they should , you see a very good company move up and then Bang it is back again and that's them doing that on behalf of the government and that's what's going on
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Bob Chapman,
Silver Miners
Friday, April 15, 2011
Silver more rare than Gold
Silver more rare than Gold , and one day will become more expenssive than Gold
Silver will continue to close the gap from the actual 38/1 to the gold which means it takes 38 ounces of silver to buy one ounce of gold , historically that was 10 , 12 to one ratio so there is more for silver to go to catch up with the historic ratio to gold , but one day just like palladium used to be more woth platinum , silver will be more worthj than gold simply it is more rare ...right now we have less silver above ground far less than gold , silver is being used up faster than it is being mined matter of fact every year since 1991 we have been using (burning up) more silver than we have been mining out of the earth , today we have 7 billion ounces of gold above ground and yet we have only around 1 billion oiunces of Silver above ground some estimates as low as 600 million ounces of silver above ground ...so silver is more rare than gold and yet it takes 38 ounces of silver to buy 1 ounce of gold
Silver will continue to close the gap from the actual 38/1 to the gold which means it takes 38 ounces of silver to buy one ounce of gold , historically that was 10 , 12 to one ratio so there is more for silver to go to catch up with the historic ratio to gold , but one day just like palladium used to be more woth platinum , silver will be more worthj than gold simply it is more rare ...right now we have less silver above ground far less than gold , silver is being used up faster than it is being mined matter of fact every year since 1991 we have been using (burning up) more silver than we have been mining out of the earth , today we have 7 billion ounces of gold above ground and yet we have only around 1 billion oiunces of Silver above ground some estimates as low as 600 million ounces of silver above ground ...so silver is more rare than gold and yet it takes 38 ounces of silver to buy 1 ounce of gold
Silver mine strike in Bolivia boosting silver spot prices
Bolivian miners have staged a major protest at the San Cristóbal mine, one of the world’s largest silver mines, San Cristobal Mine is the world’s third-largest producer of silver and the sixth-largest producer of zinc, it produced some 620,000 kilograms of fine silver in 2009, according to official data, and its output accounts for about half of the country's total mining exports.The Union decides to continue indefinite strike and they are blocking the entrance to the mine .There is neither production nor exports, because there's a blockade as part of the strike , this is all bullish for the silver price worldwide and it is probably what have caused the recent silver prices surge , experts are now expecting $50 an ounce for silver as early as next month . The price ratio gold / silver has moved in favor of silver in the last couple of months. A large number of investors have seen silver more affordable than gold. Because of this demand, dealers in precious metals in the United States and China have warned of a shortage of supply. Many investors are very worried about the continued devaluation of the currencies in the leading nations. The policies pursued by the U.S. central bank, the Federal Reserve (Fed) are eroding confidence in the dollar, leading many Americans to buy silver. Many Chinese are also buying silver as a hedge against rapidly rising inflation in China. The demand for silver in Traded Funds (ETFs) has increased dramatically in recent years
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Bolivia,
San Cristobal Mine
Thursday, April 14, 2011
Peter Schiff ultra Bullish on Silver
Peter Schiff : “Silver Will Rise On Rising Inflation” "Silver has the best of both Worlds" says Peter Schiff who has always been spot on. bye silver now!! its going to explode to at least 100. bye it don't wait for hyperinflation!! I think he's right about the use of credit cards. If this is correct, the next wave is coming quickly.
Peter Schiff : I have been riding this bull (Silver Bull) since 1999/2000 ...Silver is kind of the best of both Worlds because it is an industrial metal and also a precious metal , so if you think the economy is growing you can buy silver and if you are afraid of inflation you can buy silver , it kind of has that element going for it ....the silver price is rising for the same reason that oil price is rising or agricultural commodities are rising , paper money is losing value , it is losing value because central banks are printing too much of it , that's not going to stop , look at the news you got today , you got higher than expected inflation coming out of Europe , you got the CEO of Walmart basically warning Americans to brace themselves for serious inflation he is looking for cross the board broad based increases starting in June
Peter Schiff President & Chief Global StrategistPeter is one of the few investment advisors to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts of the mortgage meltdown, credit crunch, and decoupling of commodities, precious metals, and foreign markets from the U.S. dollar, he has become a sought-after economic commentator on a range of investment topics. Peter delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting a weekly radio show. As an author, he has written four bestselling books, including his latest: " Crash Proof 2.0: How to Profit from the Economic Collapse" and "How an Economy Grows and Why It Crashes".
Peter Schiff : I have been riding this bull (Silver Bull) since 1999/2000 ...Silver is kind of the best of both Worlds because it is an industrial metal and also a precious metal , so if you think the economy is growing you can buy silver and if you are afraid of inflation you can buy silver , it kind of has that element going for it ....the silver price is rising for the same reason that oil price is rising or agricultural commodities are rising , paper money is losing value , it is losing value because central banks are printing too much of it , that's not going to stop , look at the news you got today , you got higher than expected inflation coming out of Europe , you got the CEO of Walmart basically warning Americans to brace themselves for serious inflation he is looking for cross the board broad based increases starting in June
Peter Schiff President & Chief Global StrategistPeter is one of the few investment advisors to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts of the mortgage meltdown, credit crunch, and decoupling of commodities, precious metals, and foreign markets from the U.S. dollar, he has become a sought-after economic commentator on a range of investment topics. Peter delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting a weekly radio show. As an author, he has written four bestselling books, including his latest: " Crash Proof 2.0: How to Profit from the Economic Collapse" and "How an Economy Grows and Why It Crashes".
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Peter Schiff
Tuesday, April 12, 2011
Silver price doubled in the last 12 months
Silver prices at 31-year high , silver hit a new 31-year peak Tuesday as investors' desire for safe havens trumped news of a Chinese interest rate increase. the price of silver, which more than doubled in the last 12 months, climbing to its most expensive level versus gold since 1983.Owning both junk and bullion coins is a great idea. The junk is easily recognizable in a barter situation.. that will most likely be the money when the dollar collapses. If you are bartering small, a 100oz or 1000oz silver bar is not what you want. Smaller fractionals are essential.. dimes, quarters and halves.According to some experts like James Turk and Eric Sprott , the silver bull rally just started and we are going to see an explosion in the silver market in the coming months and years , this is the decade of the silver Eric Sprott calls it ,this is the biggest investment opportunity in human history says Mike Maloney
Mining Shares: SLW, SSRI, SVM, SA, GBG, PZG, These are best, recommended by porter stansberry, doug casey, & others
Mining Shares: SLW, SSRI, SVM, SA, GBG, PZG, These are best, recommended by porter stansberry, doug casey, & others
Monday, April 11, 2011
Silver Breaks the $40 Dollars Mark !
Economist Peter Schiff says that the government is taxing us through Inflation , , Inflation is the most sneaky way of taxation , your money is losing value by the minute while the FED keeps on printing more US dollars and expanding the monetary mass , silver and gold is really money it always keeps its value because the governments cannot print gold or silver out of thin air as they do with paper money , you should put all your savings in precious metals before you lose it all , and rop the dollar
Sunday, April 10, 2011
Physical Silver getting harder to find delayed
Silver is more rare than Gold The Sprotts Expect Silver to Keep on Sizzlin ,its more rare we've used all that we have mined and we use more silver in everyday production, yet they try to say don't buy silver .Silver will become a "national security issue" (Planes,Helicopters,Tomahawk Missiles etc. all require a fair amount of silver). If you look at complete amount of silver and Gold including what's in the ground you have 14.5 billion ounces of silver and 8.6 billion ounces of Gold. Most of that silver is not mined but silver as we speak should be at least 600-800 and ounce. That's not even taking into consideration that in 10 years there will be less silver (In and above ground) than gold if you go by the National debt clock. If you go by the USGS Silver will be extinct .
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Physical Silver Shortage
Friday, April 8, 2011
Eric Sprott : Silver is The Investment of this decade
Silver is very difficult sourcing says Eric Sprott while explaining why backwardation is Bullish , the Chinese have become net importer of silver US Mint sells more silver bullion than it sells in gold bullion Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade
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Eric Sprott
Silver $40.75 , Gold $1475 , and a Possible Government Shutdown
Silver $40.75 , Gold $1475 , and a Possible Government Shutdown
Silver is a form of exchange, we're seeing money managers looking at silver really as a form of money. it's more attractive at $40 an ounce than gold. if we move to something on the lines of a barter economy, using silver coins and using silver at the $40 an ounce mark is a lot cheaper than buying gold.more hoarding in the silver story is driven primarily by the overall safe haven attributes of precious metals , we have seen more hoarding in silver recently than gold in fact the money that's accumulating is outstripping the annual production and more people are competing to acquire the bullion and kind of ignoring the fact that 40% of the production goes to industrial uses , since the '80s we've seen an average gold to silver ratio of about 63 times. that's fallen below 40 recently.Silver is still a smoking deal even at 440 as says Robert Kiyodaki , Silver is real money , how long will people be conned in believing that paper money is something that has any value in it
Silver is a form of exchange, we're seeing money managers looking at silver really as a form of money. it's more attractive at $40 an ounce than gold. if we move to something on the lines of a barter economy, using silver coins and using silver at the $40 an ounce mark is a lot cheaper than buying gold.more hoarding in the silver story is driven primarily by the overall safe haven attributes of precious metals , we have seen more hoarding in silver recently than gold in fact the money that's accumulating is outstripping the annual production and more people are competing to acquire the bullion and kind of ignoring the fact that 40% of the production goes to industrial uses , since the '80s we've seen an average gold to silver ratio of about 63 times. that's fallen below 40 recently.Silver is still a smoking deal even at 440 as says Robert Kiyodaki , Silver is real money , how long will people be conned in believing that paper money is something that has any value in it
Thursday, April 7, 2011
Eric Sprott : Silver Bull run just started
Eric Sprott runs one of the largest hedge funds in Canada his PSLV (silver) Sprott Physical Silver Trust since it was launched October 29th 2010 it has increased by over 75% in value , IPO at $10/Share now trading at $17/Share .Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade
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Eric Sprott,
Silver Bull run
Wednesday, April 6, 2011
Max Keiser : The Silver Liberation Army
Max Keiser : for every ounce of silver that somebody buys JP Morgan sells 20 to 50 ounces of silver that does not exist it's called naked short selling , that's the bottom line they are selling silver that does not exist , by some estimates they are 3 billion ounces short that's more than a billion of the entire silver stock above ground , the short sold more stocks than exist above ground on the floor everyday manipulating the price , for every ounce of silver JP Morgan tries to sell 10 ounces of silver as a naked short sell , silver that they do not own but at the end of the month the books have to be squared the COMEX has to physically deliver , now with the Silver liberation Army we are going to put JP Morgan six feet under says Max Keiser by taking possession of the remaining physical silver , The Silver Liberation Army a global army of physical buyers says Max ...I like that LOl...
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Max Keiser,
The Silver Liberation Army
Silver Not in a Bubble
Silver is not in a bubble Ready to Burst as some on Wall Street think
the silver market is on fire right now and what's driving it is the common man in the streets as Eric Sprott said in an early interview , it is the demand from the small investors that is driving this rally , people are looking for a safe heaven to protect their assets as they are losing faith in the fiat currencies, the inflation is rising the FED continues to debase the dollar , there is no stopping to the silver rally as the fundamentals are still rock solid , and a 50$ an ounce is a no brainer in the short to medium term ...keep on stacking folks you will be glad you did ....
the silver market is on fire right now and what's driving it is the common man in the streets as Eric Sprott said in an early interview , it is the demand from the small investors that is driving this rally , people are looking for a safe heaven to protect their assets as they are losing faith in the fiat currencies, the inflation is rising the FED continues to debase the dollar , there is no stopping to the silver rally as the fundamentals are still rock solid , and a 50$ an ounce is a no brainer in the short to medium term ...keep on stacking folks you will be glad you did ....
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Bubble
Web bots on the Silver Rally
Mr. High of Webbbots sees silver going as high as $500 an ounce from June 20th. this year however the Webbots first started predicting silver surpassing gold eventually but in the near future the number they predicted was $600 USD.... and now we have several silver experts calling for $500 silver... so $600 silver is seeming more possible.. at least to me and my reasoning MAX KEISER CALLING $500 AN OUNCE, BOB CHAPMAN CALLING $400 AN OUNCE COMING Marc Faber speak: QE 1 till 18 ,I do think the them ! Many,many ,many, Paper ,take Silver and Gold !!!
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Webbot
Tuesday, April 5, 2011
Gold and Silver Ratio in History
RELATIVE VALUES OF GOLD AND SILVER .
From statements by Pliny it appears that in the Eoman coins the value
of gold to silver was as 5,760 to 336, or as 17| to 1 ; but this was not the
relative value in bullion, which appears to have been as 14^ to 1. This
ratio \iid not long continue. About 189 B. C. the Komans coincided with
the Greeks in estimating the value of gold compared with silver as 10
tol.
Upon Caeser's return to Eome with the spoils of war, gold became so
abundant that its value, compared with silver, feU to the ratio of 750 to
100, or 7J to 1. This, however, was a transient depression in the value
of gold, for, in the time of Claudius, about a century later, the value of
gold had advanced so that its ratio to silver became as 12J to 1. This
ratio appears to have been preserved through the reigns of l^ero and
Galba, and during the interval between Galba and Alexander Severus,
or more than 150 years.
Under Constantine the Great the value of gold had receded, as com-
pared with silver, to the ratio of 10 J to 1 ; but 60 years after Constantine
the value had increased to 14f to 1.
In a statement by Herodotus of the revenues of Darius, the son of
Hystaspes, he proceeds upon the supposition that the value of gold to
silver was as 13 to 1. It is supposed that the value of gold did not long
continue to be so high in Greece, for Plato, 50 years after Herodotus,
asserted the ratio to be as 12 to 1. Gold had at that time a lower value
in Persia than in Greece. The ratio in Persia appears to have been as
llf to 1.
Gold afterwards became so plentiful in Greece that its value was esti-
mated, compared with silver, as 10 to 1. This was about 341 years
B. C. It is supposed that the value of gold, compared with silver, con-
tinued to be as 10 to 1 for 170 years after the death of Alexander.
When guineas were first coined in 1663 the value of fine gold, com-
pared with that of fine silver, was rated in the English mipt at 14ff^ to
1. Guineas were then coined as 20 shilling pieces, but were afterwards
made current as 21 shilling pieces. In 1805 the relative value of fine
gold to fine silver was as 15 ^y//^ to 1, and in mints of several other
countries it was rated still higher.
From statements by Pliny it appears that in the Eoman coins the value
of gold to silver was as 5,760 to 336, or as 17| to 1 ; but this was not the
relative value in bullion, which appears to have been as 14^ to 1. This
ratio \iid not long continue. About 189 B. C. the Komans coincided with
the Greeks in estimating the value of gold compared with silver as 10
tol.
Upon Caeser's return to Eome with the spoils of war, gold became so
abundant that its value, compared with silver, feU to the ratio of 750 to
100, or 7J to 1. This, however, was a transient depression in the value
of gold, for, in the time of Claudius, about a century later, the value of
gold had advanced so that its ratio to silver became as 12J to 1. This
ratio appears to have been preserved through the reigns of l^ero and
Galba, and during the interval between Galba and Alexander Severus,
or more than 150 years.
Under Constantine the Great the value of gold had receded, as com-
pared with silver, to the ratio of 10 J to 1 ; but 60 years after Constantine
the value had increased to 14f to 1.
In a statement by Herodotus of the revenues of Darius, the son of
Hystaspes, he proceeds upon the supposition that the value of gold to
silver was as 13 to 1. It is supposed that the value of gold did not long
continue to be so high in Greece, for Plato, 50 years after Herodotus,
asserted the ratio to be as 12 to 1. Gold had at that time a lower value
in Persia than in Greece. The ratio in Persia appears to have been as
llf to 1.
Gold afterwards became so plentiful in Greece that its value was esti-
mated, compared with silver, as 10 to 1. This was about 341 years
B. C. It is supposed that the value of gold, compared with silver, con-
tinued to be as 10 to 1 for 170 years after the death of Alexander.
When guineas were first coined in 1663 the value of fine gold, com-
pared with that of fine silver, was rated in the English mipt at 14ff^ to
1. Guineas were then coined as 20 shilling pieces, but were afterwards
made current as 21 shilling pieces. In 1805 the relative value of fine
gold to fine silver was as 15 ^y//^ to 1, and in mints of several other
countries it was rated still higher.
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Gold and Silver Ratio
Silver breaks the $39 barrier
In 1980 when silver was "50 bucks" but the sudden surge was due to market manipulation by the hunt brothers and JP morgan. Silver is the future .Silver is the most used industrial and precious metal. It is a slave to the industry the bankers the day traders. Silver is the poorman's gold there are more poor than rich. The demand for .9999 silver foam for solar power cells is causing a shortage in investment silver.April 2011 will set a new record on silver $55. by 31 April 2011! Go Silver.
Monday, April 4, 2011
Silver price above $38 again today
Silver price above $38 again today
I think were already starting to see some shortages and delivery delays, as the economic downtrend continues and more people start seeking safe-haven investments like precious Metals -we will definitely see Silver supplies drying up quickly. in 1979-80 when Silver peaked around $50.00 (present day value would be $175.00 per ounce) there were lines outside coin shops with people wanting to buy as much $50.00 per ounce Silver as they could -and there was 100 times more Physical then!The Mint has been selling record amounts of Silver Eagles these first two months of 2011 and APMEX is the Largest buyer of Silver eagles in the Country, the premiums on Silver Eagles are still Very High in the secondary market, but when the next leg up in Silver starts, these will also disappear rapidly - Im not a Financial Expert, but I believe the Market will decide the price of Silver and Gold, yes it can fluctuate in Fiat Currency value, but, unlike paper IOU's, Gold and Silver have withstood the test of time -they have kept their value through Wars, Hyperinflation, Depression, Government Instability, Market Crashes, ETC. NO Fiat currency has survived over the long term. Thanks for your comments. Keep on stackin
I think were already starting to see some shortages and delivery delays, as the economic downtrend continues and more people start seeking safe-haven investments like precious Metals -we will definitely see Silver supplies drying up quickly. in 1979-80 when Silver peaked around $50.00 (present day value would be $175.00 per ounce) there were lines outside coin shops with people wanting to buy as much $50.00 per ounce Silver as they could -and there was 100 times more Physical then!The Mint has been selling record amounts of Silver Eagles these first two months of 2011 and APMEX is the Largest buyer of Silver eagles in the Country, the premiums on Silver Eagles are still Very High in the secondary market, but when the next leg up in Silver starts, these will also disappear rapidly - Im not a Financial Expert, but I believe the Market will decide the price of Silver and Gold, yes it can fluctuate in Fiat Currency value, but, unlike paper IOU's, Gold and Silver have withstood the test of time -they have kept their value through Wars, Hyperinflation, Depression, Government Instability, Market Crashes, ETC. NO Fiat currency has survived over the long term. Thanks for your comments. Keep on stackin
Sunday, April 3, 2011
Japan Effect On Silver
Japanese are the largest per-capita holders of precious metals.After the Japanese disaster the price of precious metals dropped , because after any turmoil of any sort liquidity becomes a necessity so the global market went to liquidity this created margin calls where investors with profit in metals sold to cover the margin requirement on their stock positions , people also bartered with gold and silver and platinum to get what they needed where necessities were scares and people were desperate ....in other words they cashed in some of their physical insurance gold silver and platinum how does all the above affect the bullion market ? this is a common indicator of an upward market momentum
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Japan
Friday, April 1, 2011
Peter Schiff : Silver Is Up For 9 Consecutive Quarters
“Silver prices are rising for the same reasons that oil prices are rising, paper money is losing value” – Peter Schiff in CNBC
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Peter Schiff
James Turk : Silver in Prolonged backwardation
James Turk says that Silver is in a prolonged backwardation , basically silver was in a backwardation since January , a backwardation happens when the spot prices are higher than the Future prices it is a very rare very unusual very bullish situation , normally when a commodity goes into backwardation it lasts just for a short time but Silver was in backwardation since January , even if the price of silver has risen it remained in backwardation which is very very rare says James Turk "my long term forecast for Gold and Silver and this is a forecast that I made in 2003 , it is $8000 Gold and $400 Silver sometime between 2013 and 2015 " he says , sovereign debt is a form of feudalism says James Turk....
I this interview with the french radio host Jovanovic James Turk from Paris gave his prognostication about the Gold and Silver market and answered a range of other questions , he said that he predicts Gold price to hit $1800 before June and Silver $50 in a couple of months , in the video James Turk starts speaking at around 02:11 and he speaks in English with a french translation , so you can watch the video even if you do not understand french , English starts after 2.12, covering gold/silver predictions, JPM, backwardation
I this interview with the french radio host Jovanovic James Turk from Paris gave his prognostication about the Gold and Silver market and answered a range of other questions , he said that he predicts Gold price to hit $1800 before June and Silver $50 in a couple of months , in the video James Turk starts speaking at around 02:11 and he speaks in English with a french translation , so you can watch the video even if you do not understand french , English starts after 2.12, covering gold/silver predictions, JPM, backwardation
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James Turk
Thursday, March 31, 2011
Jim Rogers : Silver Bull Market has a long way to go
Famed investor Jim Rogers told CNBC in an interview dated 30 March 2011 that he sees the Silver and Gold bull market has still a long way to go : : ..." I just bought some gold and silver last week , not a lot but just for a variety of reasons , if they go down I am gonna buy more yes , the bull market in Silver has a long way to go ....paper money is being debased all over the world , no paper money is sound , virtually no paper money is sound anymore we're having shortages developing in silver , a lot of speculation ...no the world a lot more inflation a lot more currency debasement , don't sell your silver ..."
DON'T SELL YOUR GOLD AND SILVER, KEEP IT! IN FACT BUY MORE!!!!!!
Did you know that Gold/Silver has been money for 5000 years? Did you that 100 years ago $20 US bought you a suit or one ounce of Gold? Did you know that today one ounce will still buy you a suit, shirt, tie and shoes? But what can you buy with $20 US , Gold and Silver are real money ... paper money is just promises to pay nothing ... a dollar is actually worth about 4 cents and will eventually return to its intrinsic value and the Bankers know it. Its a CON GAME ... Bankers saying there is no Inflation and giggling back at the fed,
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Jim Rogers
Peter Schiff Silver Super Cycle just started
Peter Schiff : Silver is the best of all world because it is an industrial metal and also a precious metal , so if you think the economy is growing you can buy silver and if you are afraid of inflation you can buy silver , it kind of has that element going for it ....the silver price is rising for the same reason that oil price is rising or agricultural commodities are rising , paper money is losing value , it is losing value because central banks are printing too much of it , that's not going to stop
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Peter Schiff
Tuesday, March 29, 2011
Extreme concentration in COMEX gold and COMEX silver market
2 US banks hold 96% of COMEX commercial net short position
If enough people moved within the silver market and took delivery of their metal, then this artificial economy would end sooner than later. The so called 'Regulators' are no better than the Financial Banksters. A pox on all their mansions.Gold leasing and gold paper short positions are fraudulent empty IOU's (nothing) fiat paper "positions", this "paper" speculation is completely disconnected from the the real value of physical gold (and silver) bullion.
Wall Street is a fraud. The dollar is fiat and done. Goldman Sach are frauds Govt economic data: a fraud. Comex and The Federal Reserve: frauds Bernanke, Geitner, Paulson, Stick to owning physical gold and silver bullion and let the music stop. silver is still a better choice to own than paper money.The metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.Peace
If enough people moved within the silver market and took delivery of their metal, then this artificial economy would end sooner than later. The so called 'Regulators' are no better than the Financial Banksters. A pox on all their mansions.Gold leasing and gold paper short positions are fraudulent empty IOU's (nothing) fiat paper "positions", this "paper" speculation is completely disconnected from the the real value of physical gold (and silver) bullion.
Wall Street is a fraud. The dollar is fiat and done. Goldman Sach are frauds Govt economic data: a fraud. Comex and The Federal Reserve: frauds Bernanke, Geitner, Paulson, Stick to owning physical gold and silver bullion and let the music stop. silver is still a better choice to own than paper money.The metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.Peace
Eric Sprott : Silver $100 per oz,
Eric Sprott of Sprott asset management talked about silver, silver stocks, silver bullion shortage...in his recent interviews he called silver "The investment of the next decade" what the bankers have been doing with the gold (some dealers oversold 100 TIMES on paper) maybe happening with silver too it looks very likely they may get unstuck but as always its the people who be left with useless "Certificates" n the bankers declaring some kind of bankruptcy meaning either they'll be bailed out or declared the bank bankrupt while they be rolling in Billions they stolen from other people who tried to safeguard what little they had
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Eric Sprott
Monday, March 28, 2011
Silver Price is holding at $37 range
Silver the Gold's baby brother could soon be worth as much as Gold ? according to some analysts in the recent 12 month period the price of silver increased by more than 100% while gold increased only 27% many experts believe that silver is just getting started ,3 articles by David Zurbuchen. "The World's Cumulative Gold and Silver Production," "The Silver Deficit," and "The Real Silver Deficit."
In these articles, Mr. Zurbuchen presents the numbers behind the claim that there is less Ag above ground than Au. However, he ultimately arrives at the rarety ratio of 1 to 5.78. Based upon this information there is 5.78 times as much usable Ag above ground as Au. So, $1400 Au should equal $242/oz Ag. Be smart buy silver now if you can find it !
In these articles, Mr. Zurbuchen presents the numbers behind the claim that there is less Ag above ground than Au. However, he ultimately arrives at the rarety ratio of 1 to 5.78. Based upon this information there is 5.78 times as much usable Ag above ground as Au. So, $1400 Au should equal $242/oz Ag. Be smart buy silver now if you can find it !
Sunday, March 27, 2011
The case for $750 Silver - The Dow / Gold Ratio
Silver will surpass a 16-1 Gold ration. It will probably be 1-1 Gold ratio considering Silver is rarer than Gold. the FED is buying 70% of the treasuries. Cash is going to crash , and metals to the moon. Hi ho silver My estimate was 666, i've been studying markets for 10 years now
Guess what gold to silver ratio 15 to 1
Gold $10k Silver $666 , If for instance you put $10,000 in the bank for a year at 6% you make $600 in 1 year which is probarbly less than inflation so you are loosing money in relation to spending power. However, if you put it in to silver for 1 year and it goes up 30%- 50% you make far far more than inflation and are actually improving your finacial position in relation to everyone else who keeps fiat. If silver goes up 1000% your position will be drastically improved in relation to fiat holders.The m1 money supply in late 1970s was $370 MMM. The money supply today is $1872 MMM or a 5:1 ratio
I read the other day that at the current price the entire silver market is only worth around $36 Billion. Well, look at how many billionaires existed in the late 70's and early 80's compared to today and think about how easy it would be for a few of them to start buying it all up. It would make those old Hunt Brothers highs look like pennies on the dollar.
As much as China is buying, and all the short positions,..I can see that. What about JP Morgan Chase getting a COMEX vault license to take delivery on silver
Guess what gold to silver ratio 15 to 1
Gold $10k Silver $666 , If for instance you put $10,000 in the bank for a year at 6% you make $600 in 1 year which is probarbly less than inflation so you are loosing money in relation to spending power. However, if you put it in to silver for 1 year and it goes up 30%- 50% you make far far more than inflation and are actually improving your finacial position in relation to everyone else who keeps fiat. If silver goes up 1000% your position will be drastically improved in relation to fiat holders.The m1 money supply in late 1970s was $370 MMM. The money supply today is $1872 MMM or a 5:1 ratio
I read the other day that at the current price the entire silver market is only worth around $36 Billion. Well, look at how many billionaires existed in the late 70's and early 80's compared to today and think about how easy it would be for a few of them to start buying it all up. It would make those old Hunt Brothers highs look like pennies on the dollar.
As much as China is buying, and all the short positions,..I can see that. What about JP Morgan Chase getting a COMEX vault license to take delivery on silver
Saturday, March 26, 2011
$60/oz SILVER in the short term says Bob Chapman
Bob Chapman the international forecaster is talking $50 to $60 SILVER in the short term , he says this is BIG , get your now while you still can !Coin will be the new king... abandon your paper, soon the only thing you can do with it will be to wipe your behind
Bob Chapman : my take is every two weeks I buy Silver and I do not care what the price is , it does not make any difference to me ...and I buy Gold too but mostly silver recently because I see the leverage that is involved , you are talking a hundred to one I talk 45 to one , but it dos not make any difference it's BIG and JP Morgan Chase and HSBC they're buried they can't get out , what we are talking about : $50 , $60 silver short term , what are we talking about ? a loss of 50 billion dollars ! that is a lot of money , now what I expect them to do when they get to that level and they cannot cover , they are gonna default They have defaulted and to cover their ass-ets they opened their own vault granted by the CFTC in just 17 days, a process that takes months. We are talking about JP Morgan.each time they raise the margins, the prices recover quicker and quicker. Pretty soon, it won't matter how much or how many times they raise margins.
It seams the US constitution means nothing in regards to $ as it dose not allow a fiat currency, yet that is what the US has had since 1971, is that not correct ?
Then the US forced the rest of the world to go to fiat currency to trade.
What good is a constitution in the US if the people just sit back & allow this & more ? From an outsiders perspective there have been so many unconstitutional laws &private corporate implementations established in the US
Bob Chapman : my take is every two weeks I buy Silver and I do not care what the price is , it does not make any difference to me ...and I buy Gold too but mostly silver recently because I see the leverage that is involved , you are talking a hundred to one I talk 45 to one , but it dos not make any difference it's BIG and JP Morgan Chase and HSBC they're buried they can't get out , what we are talking about : $50 , $60 silver short term , what are we talking about ? a loss of 50 billion dollars ! that is a lot of money , now what I expect them to do when they get to that level and they cannot cover , they are gonna default They have defaulted and to cover their ass-ets they opened their own vault granted by the CFTC in just 17 days, a process that takes months. We are talking about JP Morgan.each time they raise the margins, the prices recover quicker and quicker. Pretty soon, it won't matter how much or how many times they raise margins.
It seams the US constitution means nothing in regards to $ as it dose not allow a fiat currency, yet that is what the US has had since 1971, is that not correct ?
Then the US forced the rest of the world to go to fiat currency to trade.
What good is a constitution in the US if the people just sit back & allow this & more ? From an outsiders perspective there have been so many unconstitutional laws &private corporate implementations established in the US
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Bob Chapman
Thursday, March 24, 2011
Silver prices shot past $38 today
Silver prices shot passed $38 and gold price is at $1446.00 an all time high
The bottom line is 1) we will have a collapse because nothing will be done except maybe delay it slightly, we're so far past the point of no return, and 2) when it does happen, the government and fed will be as secretive and creative as possible to forestall or deny it, point to scapegoats, cover up its role, etc. so don't expect to get an official memo urging people to prepare, and 3) when it does happen, it will be ugly at best and medeival at worst so we must prepare.
Debt peaked. But we were talking about inflation versus deflation. The fed doesn't "print", it electronicaly puts money into accounts that is used the same as printed money. All this money creation is causing prices to rise same as if the fed had used the printing press- bottom line! Money creation is why prices are going up in the mideast and begining to do so here on all but housing. . So far the trend is dollar depreciation but it's possible you are right. I would argue that, as people get margin calls on their unrealized futures losses (m-t-m), they can use electronic money or send checks against their electronic money in their bank accounts to meet those requirements. Also, for every loser there is a gainer who gets the money, and ultimately if we have inlfation, whoever gets it will spend it quickly.
The bottom line is 1) we will have a collapse because nothing will be done except maybe delay it slightly, we're so far past the point of no return, and 2) when it does happen, the government and fed will be as secretive and creative as possible to forestall or deny it, point to scapegoats, cover up its role, etc. so don't expect to get an official memo urging people to prepare, and 3) when it does happen, it will be ugly at best and medeival at worst so we must prepare.
Debt peaked. But we were talking about inflation versus deflation. The fed doesn't "print", it electronicaly puts money into accounts that is used the same as printed money. All this money creation is causing prices to rise same as if the fed had used the printing press- bottom line! Money creation is why prices are going up in the mideast and begining to do so here on all but housing. . So far the trend is dollar depreciation but it's possible you are right. I would argue that, as people get margin calls on their unrealized futures losses (m-t-m), they can use electronic money or send checks against their electronic money in their bank accounts to meet those requirements. Also, for every loser there is a gainer who gets the money, and ultimately if we have inlfation, whoever gets it will spend it quickly.
Wednesday, March 23, 2011
Silver American Eagle
Silver American Eagle : The history behind this silver coin is very interesting along with the investment potential. We also discuss what to collect from the American Silver Eagles. This is a coin that anyone can collect.If you're ordering within the US, APMEX is great! They have competitive pricing, a good variety of products, and excellent customer service. I just enjoy browsing the site and drooling, even when I'm not ordering. Reportedly, they're working on expanding their market outside the US, so it's worth keeping an eye on them
Much Praise most be set forth for South Africa for they are the first to coin gold bullion pieces - uniquely enough such coins attain no face value. South Africa Gold is the pinnacle of ambience for abundance in the world. The last time the U.S. Mint minted silver dollars was 1964 whereas 200,000 Peace Dollar Variety pieces were struck at the Denver Mint but matters prompted the Silver Dollars to be melted and it's a certainty that none escaped the Mint
Much Praise most be set forth for South Africa for they are the first to coin gold bullion pieces - uniquely enough such coins attain no face value. South Africa Gold is the pinnacle of ambience for abundance in the world. The last time the U.S. Mint minted silver dollars was 1964 whereas 200,000 Peace Dollar Variety pieces were struck at the Denver Mint but matters prompted the Silver Dollars to be melted and it's a certainty that none escaped the Mint
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Silver American Eagle
Tuesday, March 22, 2011
Silver is the most traded industrial commodity after Oil
Silver is the most traded industrial commodity after Oil , David Morgan the silver guru is being interviewed by the famous Max Keiser of the campaign Buy Silver Crash JP Morgan : there is a whole range of industrial application that need silver especially in electronics , there is a mere one billion onces of silver above ground at the moment , keep on stacking this thing will shoot to Jupiter soon , in 5 or 10 years from now you will be glad you did ...
Monday, March 21, 2011
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.
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.
Sunday, March 20, 2011
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.
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.
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Silver and China
Saturday, March 19, 2011
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?
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?
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Lindsey Williams
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
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
Friday, March 18, 2011
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.
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.
Thursday, March 17, 2011
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?
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?
Wednesday, March 16, 2011
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
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
Tuesday, March 15, 2011
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.
Labels:
backwardation,
short squeeze in silver
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
Labels:
Investing in silver
Monday, March 14, 2011
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.
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.
Labels:
Silver vs Gold
Sunday, March 13, 2011
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 ....
Labels:
David Morgan,
Silver Shortage
Saturday, March 12, 2011
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
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
Labels:
David Schectman
CNBC On The Case For $130 Silver
Silver possibly up to $130 on Fast money CNBC : CNBC On The Case For $130 Silver
get silver while you can. the silver dots are starting to connect.....................
Also in 1980 the Financial system was salvageable and the US dollar was King and Global fiat money was still early in its life. We are at the end of the Global fiat money life cycle, the US dollar is about finished and the US GOv is Bankrupt with 1.6 trillion dollar deficits most of which is being monetized.
3 guys can buy up a third of the global silver market, but billions of people can't afford food?
To hell with this crony capitalism.
END THE FED!
get silver while you can. the silver dots are starting to connect.....................
Also in 1980 the Financial system was salvageable and the US dollar was King and Global fiat money was still early in its life. We are at the end of the Global fiat money life cycle, the US dollar is about finished and the US GOv is Bankrupt with 1.6 trillion dollar deficits most of which is being monetized.
3 guys can buy up a third of the global silver market, but billions of people can't afford food?
To hell with this crony capitalism.
END THE FED!
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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!!!