Tuesday, September 28, 2010
Historical Silver to Gold Ratio Ranges from 11-1 to 93-1
This video is a great teaching tool to break the spell of fiat currencies.Invest in physical bullion today and you will be a millionaire in 18 months. 1000oz of Silver will be worth over $1000oz.
U.S. Civilflag- The Sovereign flag of the New Republic
Dr. Edwin Vieira on the Transfer of Wealth
Dr. Vieira is the writer of the Goldmoneybill for state currencies backed by Gold and Silver.
Apmex- low-cost Silver retailer for U.S. Eagles, take possesion of Silver before the imminent currency devaluation.
Monday, September 20, 2010
Melt The Wicked Witch: Sell Your Gold Now!

Now Bix Weir is my favorite writer on Gold and Silver and I follow his advice religiously. Yes, I drink his Koolaid. My only regret is I can't mortgage my house to buy more Silver, probably due to the fact that I do not own a home.
Bix Weir- Road to Roota
Attention GOLD Investors:
What would you do to take down the Gold market riggers? What would you sacrifice? How hard would you work if you KNEW that the culmination of your effort would end the long term manipulation of gold? As for me, I am very tired of fighting the Gold Cabal, but I am also tired of watching all that I love about my country get washed out to sea by the Manmade Monsoon of Market Manipulation that is currently sloshing over the United States of America.
Let's Finish This Thing!
Apmex- Reliable and inexpensive Silver retailer.
I'm going to say it flat out...SELL ALL YOUR GOLD INVESTMENTS NOW AND BUY PHYSICAL SILVER! This is not a joke and don't get me wrong, I am the biggest "gold bug" you've ever meet, but it is time we ended their evil game. The Cabal has shown their Achilles Heel over the past few years and it is not gold but the depletion of physical Silver available for delivery that will ultimately lead to their demise. Many of us figured out long ago that physical Silver will likely run out before physical gold simply due to the tiny size of the Silver market compared to Gold, but most of us have not ACTED on this knowledge to accelerate the demise of the Gold Cabal due to our affinity for Gold and all that Gold represents... sound/honest money, freedom, liberty and justice for all!
Recently, I have been thinking a lot about Gold as money and why I personally believe that Gold is the best form of hard money. Why not Silver or platinum or copper or zinc? I must admit that most of my knowledge on this subject comes from the writings of other people. I have read hundreds of books and articles by brilliant economists, sound money advocates and other monetary philosophers who have dedicated their lives to the study of monetary theory. I am truly amazed at the vast amount of intellectual capital that has gone into the analysis of Gold as money with each monetary thinker building upon the knowledge passed down by others through the ages.
But What do I Think?
If I had no idea about monetary theory and history, what would my conclusions be? How have these writings influenced my affinity towards gold as opposed to other hard metals? Is it possible to NOT be influenced by information passed down over the years and clear my mind enough to use my own cognitive reasoning on this subject?
This is what I have been pondering over the past few years and my conclusions have shaken me to my Gold Bug foundations! Although the facts and fundamentals of gold as the best form of hard money may have been true 50 years ago, the world of Gold and Silver has changed dramatically since then such that now SILVER is hands down the best hard money investment compared to all other metals....even GOLD!
The Facts
Apmex Silver retailer
The following is a list of facts and reasons to switch all your Gold investments into Physical Silver:
1) Due to the tiny size of the Silver market and the lack of physical Silver available to the manipulators, the Silver battle is much easier to win than Gold. Ted Butler's discovery of massive Silver market manipulation should highlight the size, scope and importance of Silver to the current financial crisis.
2) Central banks have NO physical Silver to assist in the manipulation of the Silver market but they still have a lot of physical Gold (although much less than they claim).
3) The majority of Silver mined every year is consumed as an industrial metal in very small amounts and will never return to the market whereas the amount of above ground Gold grows year after year.
4) Silver has developed, due to its low price and superior physical properties, into a vital and necessary industrial commodity that makes it mandatory for modern life. If we woke up tomorrow and gold vanished from the face of the earth, life would continue pretty much as it was the day before. Without silver, modern life would change.
5) Due to the relative very low price of silver and very high price of gold, the man in the street, around the world, is in a position to buy silver in much greater quantities than gold.
6) In various forms there is an estimated 5B oz of above ground Gold and 5B oz of above ground Silver but Gold trades at $1300/oz and Silver trades for only $21/oz. Both metal prices are obviously manipulated but Silver appears to be manipulated more. As for Silver bullion that is "in play" for the manipulators, I estimate that less than 500M oz remain with a current market value less than $11B.
7) Silver has been in a supply deficit for over 50 years! Governments held approximately 10B oz of silver in 1950 and have been supplying that physical stock steadily into the market. Today there is no more of that surplus silver left to sell.
8) At current Silver consumption rates there are only 16 years of known Silver reserves remaining in the world. AFTER THAT SILVER WILL BE GONE FOREVER! Think about it.
9) Demand for Silver is "inelastic" in its industrial applications because it is used in such small quantities per application. An increase in price does not translate into a decrease in consumption.
10) The COMEX Silver short position is the largest concentrated short position of any commodity, on any exchange in the history of financial markets.
11) Throughout human monetary history the Silver to Gold ratio hovered in the 10-1 range until the invention of futures and options trading in metals. After the massive manipulation maneuvers by the Banking Cabal the silver-gold ratio now stands at over 62-1.
12) The US Dollar as defined in the Coinage Act of 1792 is Silver, not Gold, and contains "three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver."
13) Silver is massively under reported in the media vs. Gold. Even Jim Rogers, the commodity guru, purposefully ignores Silver entirely in his best selling book "Hot Commodities" even though Silver exceeds all other commodities using his metrics on what makes a strong commodity.
14) Very few investors have physical Silver in their possession. Reasoning: because they claim it is "too hard to store". Does that mean when Silver trades at over $1,000 oz people will be more willing to buy and store physical Silver? It is difficult to make up a more bullish argument to take delivery and store physical Silver TODAY...when the Cabal price rigging scam finally fails you can always buy your own Fort Knox to store all that pesky Silver you bought!
15) Gold's strong fundamentals are only exceeded by Silver's so when the gold manipulation stops and the Gold price takes off investors will be looking for the next under-priced investment with similar characteristics.
16) 470M oz of Silver owned by the US Treasury and used in the Manhattan Project for the construction of the atom bomb have all been melted down and sold into the physical market to support the "Strong Dollar Policy"
The Great Silver Mystery...REVEALED!
17) Silver mineral deposits, as opposed to Gold, are usually very shallow in the earth's crust due to the nature of the geology so most of the large deposits of Silver have probably already been found and/or already mined limiting future discoveries.
18) There is a significant problem with counterfeit Gold coins and bars because of its high price. Silver coins and small bars have not, to date, had as much of a counterfeiting issue because its price did not justify the effort. (although there is a problem with counterfeit Silver jewelry which may significantly suppress Silver scrap recovery in the future...oddly bullish by-product of counterfeiting Silver!)
19) The total dollar value of the Silver market is a fraction of the total dollar value of the Gold market.
20) Most flat screen televisions use Silver in their internal electronics/screens and the US transfer from analog to digital signals has increased the demand for flat screen TV's.
21) Retail physical shortages of Silver are already beginning to appear around the world. The list of announced delays/curtailment by Government owned Mints now includes EVERY MAJOR SILVER COIN PRODUCING COUNTRY IN THE WORLD!
22) Hedge funds are bleeding from the credit crunch and they are looking for ways to save themselves. A single hedge fund can scoop up the remaining physical Silver and blow the price sky high.
23) In the US, Gold confiscation laws are still on the books but there are currently no silver confiscation laws.
24) As of late 2010 the Gold price gold is hovering around $1,300 or 150% of its historical high. Silver, on the other hand, is hovering around $21 or 42% of it's historical high suggesting that Silver has a long way still to go.
25) Un-backed paper Silver programs such as silver certificates and unallocated pooled accounts are the "industry standard" these days and will be scrambling for metal when redemptions are called in by the investors. The most egregious example of fractional reserve silver is the iShares Silver ETF (SLV).
26) In the past few years the massive global money creation by central banks around the world has created huge reservoirs of cash sloshing around the asset markets looking for a safe haven. Although most mainstream press have discussed Gold as being a likely bucket to fill with this monetary firehouse, SILVER has all the same monetary metal properties as Gold except the Silver market is SO small it would be like FILLING A DIXIE CUP WITH THE FIREHOUSE!
27) The CFTC still has an open investigation into the manipulation of the SILVER market that is being conducted not by their investigative division but by the CFTC "Enforcement Division". Although the final conclusions have been purposefully delayed by the CFTC, the final outcome may finally be the END OF THE 50 YEAR MANIPULATION OF THE SILVER MARKET!
28) During the CFTC hearing on metal position limits, GATA announced that a whistleblower has come forward with specific proof that JP Morgan was rigging the silver market. The next day he and his wife were rammed in their car in an attempted murder. The suspect was caught but the police are not giving out any information about the suspect or others that were involved.
29) The growth of emerging economies in Asia will require more and more industrial silver to build out their electric infrastructure and provide a higher standard of living for their middle class. In a global market that has been in a silver supply deficit for years a silver bidding war will result in order to obtain the significant amounts of silver needed.
30) The truth about gold and silver price manipulation is spreading like wildfire throughout the world with the help of the internet such that the Banksters "shabby secret" is no longer a secret.
31) The US Dollar has run it's course as the world's reserve currency. The entire global financial markets know this and are positioning themselves accordingly. The "Dollar End Game" for the United States has never been to transfer economic power to Eastern countries as the dollar dies but rather crash the global markets and start fresh with a new domestically centered economic model. That transition is upon us:
Well, now do you think SILVER is both more important and a better investment than your gold?
Hopefully, that's enough pro-Silver data to convince you to make the switch.
What About Gold?
There are some pro-Gold items which, in fairness, should be weighed against all the pro-Silver arguments:
1) Gold does not tarnish. (That's nice but hardly a reason not to make the switch)
2) Gold is promoted and perceived by the world as the "Greatest Monetary Metal"....at least for now!
Not to be "anti-gold" but from my calculations there is 10x the amount of physical gold in the world regardless of what the "mainstream gold media" claims...meaning there is OVER 1 MILLION TONS OF PHYSICAL GOLD!
Golden Secrets
Also, my calculations on silver estimate that there is 10x LESS silver in the world because of all the potentially phony physical silver ETF bars out there...
Silver "Moly-Bars"
Don't worry about Gold....really. Gold, like Silver, will find its rightful place in a freely traded market. It should take less than a few $Billion of physical Silver purchases to buy up all of the available Silver bullion, and that would only mean switching out of about 200 tons of Gold on a physical basis. 200 tons would not significantly damage the price of gold. Now $10B removed from GLD/SLV, Gold/Silver Pooled Accounts, Gold/Silver mining stocks, etc. would be much better for the price of Gold and should not cause any permanent damage to the gold investment community. As a matter of fact, can you think of anything more positive for the price of gold and gold investments than the destruction of the Banking Cabal?!
So what should be the true price of Silver today?
I don't know but I do know that the price quoted on the COMEX and LME are not even close to silver's "Fair Market Value". It makes more sense to me to estimate the true price of Silver in relation to another "Monetary Commodity" such as Gold since gold is currently "perceived" as the best monetary metal.
* Based on my estimates of total above and below ground Silver (17Boz) and Gold (8Boz) the Silver/Gold Ratio should be 2.1-1. With Gold trading at $1,300/oz Silver should be trading at $619/oz or is 29X UNDERVALUED!
* Based on my estimates of total above ground Silver (5Boz) and Gold (5Boz) the Silver/Gold Ratio should be 1-1. With Gold trading at $1,300/oz Silver should be trading at $1,300/oz or is 62X UNDERVALUED!
* Based on my estimates of total monetary bullion above ground Silver (1Boz) and Gold (3Boz) the Silver/Gold Ratio should be 1-3. With Gold trading at $1,300/oz Silver should be trading at $3,900/oz or is 186X UNDERVALUED!
Of course all this is predicated on the assumption that gold is fairly valued at $1,300oz today which almost everyone agrees is a joke. Since the USA holds a little over 8,100 tons of gold in reserve (supposedly) it is logical to assume that Gold will back the US dollar when the fiat money system fails (not hard to imagine the failure of the US dollar). With the US M3 money supply currently estimated to be in the $14 Trillion dollar range, the price of a redeemable gold backed US dollar would be about $54,000/oz IF the US stopped printing dollars today.
The $54,000/oz Monetary Gold price would put the value of monetary above ground Silver bullion, as analyzed in the last bullet point above, at....
.... $162,000 per oz!
Sovereign Flag of America!
Crazy, I know, but it really doesn't end there!
Based on the FACT that Silver is being consumed 120% faster than it is currently being mined/produced and the Gold above ground supplies are growing at 2% per annum the Silver/Gold Ratio Formula should be [(Above Ground Silver)(80%) to (Above Ground Gold)(102%)]. With Gold trading at a massively manipulated low price of $1,300oz, Silver should be approaching INFINITY AND IS INFINITY(X) UNDERVALUED!
Wow....chilling conclusions...have you traded your Gold for Silver yet?
Thursday, September 9, 2010
Dear Billionaires of the World: Silver
Yes, The silver market in physical bullion possesion is about to explode. JP Morgan is closing it's trading desk where the majority of the Silver manipulation has been taking place. Look for prices to skyrocket over $50 signaling the beginning of the bull market correction.
Apmex- The most reliable Silver retailer.
(The Silver Market is a tiny $1.9 billion)
Silver Stock Report
by Jason Hommel, September 2nd, 2010
It is too late for any of you, personally, to buy much silver below $20 per ounce.
While silver prices languished at about $5/oz. for almost two decades until about 2001, it's now too late for you to buy much, if any, silver below $20/oz. Did your personal wealth increase that much in the last decade like silver prices did? I don't think any billionaire in the world matched or exceeded that performance.
The silver market is very tiny, and thus prices are still potentially very explosive--especially if one of the 1000 billionaires in the world tried to buy any. The potential for future gains far exceed what has happened in the last ten years.
Only a tiny $1.9 billion dollars worth of silver per year is bought for investment; most of that is purchased in the USA, that's about 100 million troy ounces of silver, at $19/oz. Of that, nearly 40 million ounces of silver per year are being produced by the US Mint in the form of 1 oz. Silver Eagles.
I've been writing about silver for ten years, sharing and learning silver market information, with 80,000 readers. You can review any of my articles online at www.silverstockreport.com. Here's what you should know about silver:
World silver mines produce about 650 million oz. of silver, worth, at $20/oz., about $13 billion. More than that is consumed by industry, jewelry, photography, with the difference being met by recycling.
But investors are buying more than selling now. The people who produce the statistics call that a "surplus", but that's a white lie. As there's really not nearly enough silver to satisfy all the people who may wish to protect the value of their paper money, or other assets.
With "money in the banks" being only a small fraction of potential assets that could be converted into silver assets, and with money in the banks headed towards about $18 trillion, only about 1% of 1% of US paper money is buying silver in a year.
That means that by the time 1% of US Paper money tries to buy silver, then investment demand would be 100 times higher than it is today, and that $180 billion would try to buy into a $13 billion market, which could push silver prices well over $200/oz.
This is an understatement, as all the paper money in the world could conceivably buy all the silver and gold in the world.
I urge you, or your staff, to do further research into the facts about silver that I've shared with you.
It is my opinion that the purchase of silver is a race, given where prices are going. The race has started, and the billionaires of the world are not yet on board.
WARNING:
The BIS, the Bank of International Settlements, has produced a report showing that the world banks have $200 billion in notional value of silver derivatives. This increased from $100 billion, in a span of 6 months. Question! Where did they get $100 billion of silver to sell, when the world only produced about $10 billion of silver per year? Hint: They didn't. The notional value of their silver derivatives is a short position! The big banks OWE $200 billion worth of silver, on paper, to investors who have not yet asked for delivery. Besides paper money, this is the world's biggest ongoing fraud.
Thus, you should avoid buying the Silver ETF's, avoid buying any futures contracts, avoid buying silver, even "allocated" silver from any LBMA member bank, and stick only with buying real bars of silver from refineries or wholesalers.
Apmex- The most reliable Silver retailer.
(The Silver Market is a tiny $1.9 billion)
Silver Stock Report
by Jason Hommel, September 2nd, 2010
It is too late for any of you, personally, to buy much silver below $20 per ounce.
While silver prices languished at about $5/oz. for almost two decades until about 2001, it's now too late for you to buy much, if any, silver below $20/oz. Did your personal wealth increase that much in the last decade like silver prices did? I don't think any billionaire in the world matched or exceeded that performance.
The silver market is very tiny, and thus prices are still potentially very explosive--especially if one of the 1000 billionaires in the world tried to buy any. The potential for future gains far exceed what has happened in the last ten years.
Only a tiny $1.9 billion dollars worth of silver per year is bought for investment; most of that is purchased in the USA, that's about 100 million troy ounces of silver, at $19/oz. Of that, nearly 40 million ounces of silver per year are being produced by the US Mint in the form of 1 oz. Silver Eagles.
I've been writing about silver for ten years, sharing and learning silver market information, with 80,000 readers. You can review any of my articles online at www.silverstockreport.com. Here's what you should know about silver:
World silver mines produce about 650 million oz. of silver, worth, at $20/oz., about $13 billion. More than that is consumed by industry, jewelry, photography, with the difference being met by recycling.
But investors are buying more than selling now. The people who produce the statistics call that a "surplus", but that's a white lie. As there's really not nearly enough silver to satisfy all the people who may wish to protect the value of their paper money, or other assets.
With "money in the banks" being only a small fraction of potential assets that could be converted into silver assets, and with money in the banks headed towards about $18 trillion, only about 1% of 1% of US paper money is buying silver in a year.
That means that by the time 1% of US Paper money tries to buy silver, then investment demand would be 100 times higher than it is today, and that $180 billion would try to buy into a $13 billion market, which could push silver prices well over $200/oz.
This is an understatement, as all the paper money in the world could conceivably buy all the silver and gold in the world.
I urge you, or your staff, to do further research into the facts about silver that I've shared with you.
It is my opinion that the purchase of silver is a race, given where prices are going. The race has started, and the billionaires of the world are not yet on board.
WARNING:
The BIS, the Bank of International Settlements, has produced a report showing that the world banks have $200 billion in notional value of silver derivatives. This increased from $100 billion, in a span of 6 months. Question! Where did they get $100 billion of silver to sell, when the world only produced about $10 billion of silver per year? Hint: They didn't. The notional value of their silver derivatives is a short position! The big banks OWE $200 billion worth of silver, on paper, to investors who have not yet asked for delivery. Besides paper money, this is the world's biggest ongoing fraud.
Thus, you should avoid buying the Silver ETF's, avoid buying any futures contracts, avoid buying silver, even "allocated" silver from any LBMA member bank, and stick only with buying real bars of silver from refineries or wholesalers.
Thursday, September 2, 2010
The Silver SlingShot Bix Weir
We are on the verge of the greatest bull run in any commodity ever. Silver could be set to run 10X current price. Apmex is the most cost-effective supplier on the web.
The amount of information on silver as an investment being analyzed and discussed lately has been astonishing. I remember only a few years ago that it was only the likes of Ted Butler, David Morgan and Jason Hommel that ever promoted the amazing investment opportunity that silver represented. Now there are literally hundreds of "pro-silver analysts" out there talking about the supply/demand deficit, COMEX Commitment of Traders Report, fraudulent Silver ETFs and the dual role of silver as both an industrial metal and monetary metal. I LOVE IT!
Of course having so many eyes on the silver market you would expect that all the bullish silver angles have been addressed, investigated and exposed but I have found over the years that there are always some bullish factors hidden in the mysterious world of silver investing that explode into the consciousness of the market at the oddest time compounding the reason for silver to rapidly rise in price. Ted Butler has exposed the most of the bullish silver discoveries in his studies of silver spanning many decades, but that does not preclude the little guys out there from exposing a new idea/discovery that further promotes the silver cause.
Today we are on the threshold of something so large in the silver world that it will astound every man, woman and child on the planet…even the silver bugs! In my second Road to Roota article Greenspan's Golden Secret I discussed the plan by Alan Greenspan and friends to destroy the entire monetary system in a one time Creative Destruction Event. Read this article to understand what that means.
Greenspan's Golden Secret
If you open your eyes long enough to see past the monetary smoke and mirrors these days you can tell it is happening as we speak. We are down to the end days for the fiat monetary system with the implosion being dragged on since September of 2008 and very soon to come to a climax.
So what will happen to silver? Glad you asked!
There are many silver enthusiasts out there today with vast amounts of money sloshing around in "silver related" investments such as silver derivatives ($111B as per the BIS), silver ETF's ($5B+ most in SLV), silver mining companies (est $8B by JH), silver certificates ($10B… my own estimate), silver futures and options (unknown billions) etc., etc.
This is about $150B+ worth of silver investments that really have NOT positively affected the price of physical silver since no silver was actually purchased. At least half of this money has negatively suppressed the price of silver by selling silver derivatives with no physical backing at all. Even mining share investments. Think about it. Your silver mining company investment helps capitalizes mining companies to create more physical silver adding to the supply where that money could have gone directly into physical silver decreasing the supply!
I see these people as "knowledgeable silver investors" who know the story but chose to believe that the system will stay in tact such that they will have time to obtain the reward for their investment when silver rises in price….that will be their big mistake when the final hammer falls.
This is where I see a NEW Silver Slingshot effect for silver.
Although greed is a great psychological force that can drive markets up, fear is by far the ultimate motivator in any investment mania. Trying to "stop the bleeding" on investment losses is like trying to catch a Samurai Sword dropped from the top Empire State Building! When we have the Creative Destruction event I doubt the $150B in "silver related" investments will ever pay off because of all the risk/credit layers between you and your silver. Imagine the chaos when we have total banking failure, total brokerage house failure, total exchange failure, total 401k failure, etc. How will those "investments" ever pay off with all those levels of credit risk and defaulted entities between the investor and his silver rewards? Will mining company stocks still be traded without the DTCC or the NYSE or the CFTC?
And what about those silver mining stock certificates that you have in your safe deposit box? Will they be worth anything? First ask yourself…with a fiat money crash what will be the new currency? You can bet it will have to be backed by something (most likely gold and silver) but what will the citizens of the world say about private ownership of the mines that control their money? With 99.99% of the population NOT holding any real gold or silver do you think they would allow the .01% to control all the wealth of the nation or the world? I doubt it.
Well "Silver Related" Investment Gurus…whatcha gonna do now? The worst thing I can imagine is fighting the silver battle for all these years and not getting the payoff when all your predictions come true.
So here's the SLINGSHOT moment.
When silver investors realize the scope of the coming Creative Destruction Event the flood of cash from $150B of "silver related" investments into the tiny physical silver market will destroy "silver related" investments and SLINGSHOT the price of physical silver to unimaginable heights…are you really ready?
NOW IS THE TIME TO SWITCH TO 100% PHYSICAL SILVER!
Don't delay because as this reality begins to show over the next few months I doubt you will be able to get that physical position you've been putting off for those increased silver returns from your mining stocks, options and derivatives.
It's game time for silver so don't get caught sitting on the bench!
The amount of information on silver as an investment being analyzed and discussed lately has been astonishing. I remember only a few years ago that it was only the likes of Ted Butler, David Morgan and Jason Hommel that ever promoted the amazing investment opportunity that silver represented. Now there are literally hundreds of "pro-silver analysts" out there talking about the supply/demand deficit, COMEX Commitment of Traders Report, fraudulent Silver ETFs and the dual role of silver as both an industrial metal and monetary metal. I LOVE IT!
Of course having so many eyes on the silver market you would expect that all the bullish silver angles have been addressed, investigated and exposed but I have found over the years that there are always some bullish factors hidden in the mysterious world of silver investing that explode into the consciousness of the market at the oddest time compounding the reason for silver to rapidly rise in price. Ted Butler has exposed the most of the bullish silver discoveries in his studies of silver spanning many decades, but that does not preclude the little guys out there from exposing a new idea/discovery that further promotes the silver cause.
Today we are on the threshold of something so large in the silver world that it will astound every man, woman and child on the planet…even the silver bugs! In my second Road to Roota article Greenspan's Golden Secret I discussed the plan by Alan Greenspan and friends to destroy the entire monetary system in a one time Creative Destruction Event. Read this article to understand what that means.
Greenspan's Golden Secret
If you open your eyes long enough to see past the monetary smoke and mirrors these days you can tell it is happening as we speak. We are down to the end days for the fiat monetary system with the implosion being dragged on since September of 2008 and very soon to come to a climax.
So what will happen to silver? Glad you asked!
There are many silver enthusiasts out there today with vast amounts of money sloshing around in "silver related" investments such as silver derivatives ($111B as per the BIS), silver ETF's ($5B+ most in SLV), silver mining companies (est $8B by JH), silver certificates ($10B… my own estimate), silver futures and options (unknown billions) etc., etc.
This is about $150B+ worth of silver investments that really have NOT positively affected the price of physical silver since no silver was actually purchased. At least half of this money has negatively suppressed the price of silver by selling silver derivatives with no physical backing at all. Even mining share investments. Think about it. Your silver mining company investment helps capitalizes mining companies to create more physical silver adding to the supply where that money could have gone directly into physical silver decreasing the supply!
I see these people as "knowledgeable silver investors" who know the story but chose to believe that the system will stay in tact such that they will have time to obtain the reward for their investment when silver rises in price….that will be their big mistake when the final hammer falls.
This is where I see a NEW Silver Slingshot effect for silver.
Although greed is a great psychological force that can drive markets up, fear is by far the ultimate motivator in any investment mania. Trying to "stop the bleeding" on investment losses is like trying to catch a Samurai Sword dropped from the top Empire State Building! When we have the Creative Destruction event I doubt the $150B in "silver related" investments will ever pay off because of all the risk/credit layers between you and your silver. Imagine the chaos when we have total banking failure, total brokerage house failure, total exchange failure, total 401k failure, etc. How will those "investments" ever pay off with all those levels of credit risk and defaulted entities between the investor and his silver rewards? Will mining company stocks still be traded without the DTCC or the NYSE or the CFTC?
And what about those silver mining stock certificates that you have in your safe deposit box? Will they be worth anything? First ask yourself…with a fiat money crash what will be the new currency? You can bet it will have to be backed by something (most likely gold and silver) but what will the citizens of the world say about private ownership of the mines that control their money? With 99.99% of the population NOT holding any real gold or silver do you think they would allow the .01% to control all the wealth of the nation or the world? I doubt it.
Well "Silver Related" Investment Gurus…whatcha gonna do now? The worst thing I can imagine is fighting the silver battle for all these years and not getting the payoff when all your predictions come true.
So here's the SLINGSHOT moment.
When silver investors realize the scope of the coming Creative Destruction Event the flood of cash from $150B of "silver related" investments into the tiny physical silver market will destroy "silver related" investments and SLINGSHOT the price of physical silver to unimaginable heights…are you really ready?
NOW IS THE TIME TO SWITCH TO 100% PHYSICAL SILVER!
Don't delay because as this reality begins to show over the next few months I doubt you will be able to get that physical position you've been putting off for those increased silver returns from your mining stocks, options and derivatives.
It's game time for silver so don't get caught sitting on the bench!
Tuesday, August 24, 2010
U.S. Silver Eagles All-time Record for July- Mint is rationing Eagles Now
The U.S. Mint needs to buy Silver from Silver mined in the U.S. Currently the Mint is rationing Silver Eagles. We are very close to seeing delays of delivery for eagles first running into weeks and later months. As the delays increase, there will be a disconnect at one point from the Comex and SLV prices to the price of physical bullion. When that hits there will be a mad rush to the physical metal and if just one hedge fund decides to take the Nestea plunge into ownership of cold metal in one's hand, then the game is over and we are talking about Silver at over $100oz moving rapidly up to it's true cost adjusted for inflation price of over $150oz for the actual bullion, not the bullshit paper holdings.
Coming in at 2,981,000 coins sold, the month goes down in the history books as the best ever July for the series that was introduced back in 1986. The old record was hit just last year when sales of the Silver Eagles came in slightly over 2.8 million -- shattering the previous record set in 2008 of only 1.25 million.
The increases over the last three years are a perfect indicator of demand on an annual basis as well. 2008 American Silver Eagles ended the year with a record 19.6 million sold, beating the previous record holder of 2002 by over 9 million coins. While extremely impressive, the 2008 record status only lasted a year and was smashed by the 2009 total of 28.7 million coins sold.
Indications are that the 2009 record will be blown out of the water by this year's numbers. With seven months wrapped up, the United States Mint already shows 21.1 million coins purchased by its dealers. This leaves an average of a bit over 1.5 million per remaining months in the year for 2010 to become the new record holder. Considering almost 3 million were sold in July (a month typically not known for large Silver Eagle volume), it is nearly unfathomable that 2010 would not shoot past last year.
Supporting this conclusion is the current line-up for the top ten months ever for Silver Eagle Sales. Since their debut in 1986, the coins have been available for over 280 individual months. 2010 currently holds five of the top ten monthly sales slots. (July 2010 came in as the seventh best month ever for the coins.)
Making this feat even more interesting is the fact that the U.S. Mint is still throttling the sales of the strikes. Unable to obtain enough blank planchets to keep up with potential orders, the Mint has its network of authorized purchasers on an allocation system, meaning it may ship only a portion of the requested orders based on availability and the buyer's past order history.
Silvercoinstoday.com
The U.S. Civilflag is symbolic of a nation on the Gold/Silver standard under the common law.
For the best Silver supplier over 100oz there is Monex, Paul Bea 800-949-4653 ext 2172
Use Kevin from Goldmoneybill.org as referral.
For small silver purchases, I use Apmex.com
Coming in at 2,981,000 coins sold, the month goes down in the history books as the best ever July for the series that was introduced back in 1986. The old record was hit just last year when sales of the Silver Eagles came in slightly over 2.8 million -- shattering the previous record set in 2008 of only 1.25 million.
The increases over the last three years are a perfect indicator of demand on an annual basis as well. 2008 American Silver Eagles ended the year with a record 19.6 million sold, beating the previous record holder of 2002 by over 9 million coins. While extremely impressive, the 2008 record status only lasted a year and was smashed by the 2009 total of 28.7 million coins sold.
Indications are that the 2009 record will be blown out of the water by this year's numbers. With seven months wrapped up, the United States Mint already shows 21.1 million coins purchased by its dealers. This leaves an average of a bit over 1.5 million per remaining months in the year for 2010 to become the new record holder. Considering almost 3 million were sold in July (a month typically not known for large Silver Eagle volume), it is nearly unfathomable that 2010 would not shoot past last year.
Supporting this conclusion is the current line-up for the top ten months ever for Silver Eagle Sales. Since their debut in 1986, the coins have been available for over 280 individual months. 2010 currently holds five of the top ten monthly sales slots. (July 2010 came in as the seventh best month ever for the coins.)
Making this feat even more interesting is the fact that the U.S. Mint is still throttling the sales of the strikes. Unable to obtain enough blank planchets to keep up with potential orders, the Mint has its network of authorized purchasers on an allocation system, meaning it may ship only a portion of the requested orders based on availability and the buyer's past order history.
Silvercoinstoday.com
The U.S. Civilflag is symbolic of a nation on the Gold/Silver standard under the common law.
For the best Silver supplier over 100oz there is Monex, Paul Bea 800-949-4653 ext 2172
Use Kevin from Goldmoneybill.org as referral.
For small silver purchases, I use Apmex.com
Tuesday, August 17, 2010
Gold Bubble Here Now. 100-1 Paper Gold
We are getting closer and closer for all the ponzi schemes of the Federal Reserve to be exposed and finished off. There are 100-1 in Paper Gold which is not Gold but paper to play the electronic casino known as Comex. To facilitate the crashing of the Federal Reserve, you should be purchasing physical gold and more importantly Silver. It is well within the domain of the American patriot community to buy up all the physical Silver in bullion form. Apmex provides great service and excellent prices on U.S. Eagles Goldmoneybill.org
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