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!
Wednesday, December 3, 2014
Acute shortage of silver coins
By Pete Thomas
As a refined metals dealer, the one product I must have on hand is one ounce silver coins. Whether it’s in bags or boxes, 90% or 60% lose coin, or Sovereign .999 fine silver, we use all of it every day. As of today, we have run out of most coins, and so have most of the other coin wholesalers in the United States. Most of the bigger manufactures do what’s called retooling to start their 2015 run on their newly minted coins for January. The difference this year is, they started retooling early because it has been a slow year until these lower price levels started kicking in. Now we usually can count on the Royal Canadian Mint (RCM) to fill the gap if we end up light in our inventory, but our friends to the North are also running behind. So that leaves us with the Perth Mint in Australia, which is an awful long way to ship 33 pound boxes of silver as we usually buy in 500 coin lots. As you can imagine, this isn’t the most cost efficient method let alone the time lapse from ordering to shipping half way around the world won’t work.
So what we have is the perfect storm. The price of silver has tumbled from forty eight dollars to fourteen. The consumption of metals for computers and phone manufacturing has been going down over the past few years but with the economy picking up over the past six months, as reflected in the Dow Index, the underlying demand from industry has also picked up. Also some of the mining companies have slowed down as the drop in price has made mining much more costly as we approach the breakeven price where by the mines are producing at cost. And then the other shoe dropped, the public decided that the current price is worth dipping their toe in the water. Purchases of one ounce coins just exploded and no one was ready for the surge.
http://www.resourceinvestor.com/2014/11/21/acute-shortage-of-silver-coins
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Tuesday, December 2, 2014
Physical Gold and Silver Contracts Default in 2014 - Rob Kirby
When does the paper manipulation and price takedown in the gold and silver markets end? Rob Kirby of KirbyAnalytics.com says, “I still think we see major dislocations before the end of the year. I believe people who have contracted for physical metal are going to be denied their deliveries before the end of the year. I think this will go very public, and it’s going to lay bare the abject fraud that has been occurring with the smash down in the paper price (of gold and silver.) The disconnect between the paper price and the lack of physical metal is going to manifest itself in a big way before the end of the year.” Kirby goes on to say that when gold and silver bullion contracts go unfilled with physical metal, the jilted buyers will go public in a big way, and Kirby predicts, “That’s how it ends, and I think it comes this year. . . . I do think the fuse is that short now.”
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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Rob Kirby
Monday, December 1, 2014
Gold & Silver Price Bounce Back - Silver Rallies 7%
The Swiss Gold Referendum results caused the metals to tumble last week, which led to gold and silver seeing a snap-back rally from oversold territory.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!