China Encourages Silver Bullion for Investment [Video] China has introduced its first-ever investment opportunity for silver bullion. The bars are available in 500 grams, 1 kilogram, 2 kilograms and 5 kilograms with a purity of 99.9 percent.
Nothing will make silver jump, or gold for that matter. It's all a game and "they" control the price. Those that think they will someday have overnight riches from buying Ag or Au are setting themselves up for a big letdown.
Who said anything about "overnight"? Investing is about a timeframe on the order of 5+ years. Feel free to keep your money in dollars; see how that works out for you.
I have a little bit of silver but it has been my hope that depressed pricing on everything before the SHTF would make for some really cheap silver.
It has not worked out that way and silver is up about 25% from last Xmas. I know fiat money is going to get trashed to -0- and silver is a great opp.
Even at $15.35-$18.00 a coin right now is just dirt cheap. When SHTF and the dollar does a Zimbabwe people will be killing to get their hands on silver.
For barter, silver coins are the best choice. Gold will be far too high to barter for items. What are you going to do? Here's a gold coin, give me your car and wife? Anyone buying gold may think about buying it in gram bars instead of ounce coins, even at a premium.
Plus, if government tries a gold grab, which would be futile anyway, silver will really go into warp speed.
That said, food/water/protection first. You can't eat coins.
No one I know who invests in gold and silver is doing it to 'get rich.' They do it to avoid being caught in the wipeout of fiat currencies. To prevent everything they have saved and worked so hard for from being wiped out in just a few days.
Anything is better than fiat currencies right now. So much to lose, so dramatic, disasterous.
As far as the Chinese, they have been hording gold for years now, quietly.
If every person in China bought just two ounces of silver the above ground supply will be depleted in one day.
Those that love the dollar, checking, savings, CDs, IRAs - you are going to get hijacked on a level never seen before in modern human history. The banksters have proven themselves to be brutal thieves so why in the hell would you possible keep your life savings in their hands? I just don't get that thinking at all.
not going to get rich? I bought Silver at $4 an oz. I can easily sell it for $20 on ebay and replace it with the fake junk cash. I made more money than any idiot that bought in the stock market, interest in a bank, GOLD, IRA's or holding the dollar.
Yes, anon #1. I bought a lot of gold at $350 so I am sure I was deluded at the time that the price/value would ever go up. Doh!
You are correct that 'they' control the price 99% of the time. The one time they will not be able to stop the price appreciation going ballistic is when they crash the fiat currencies. They can't have it both ways. It is Fiat or things. If you destroy one - and they are doing everything in their power to destroy the fiats - then things, especially silver MUST skyrocket in value.
They would of course love to destroy the value of everything, but it can't work that way. So, they don't really care that the 2% - YES 2%!! - of Americans that own gold/s will squeak through the net.
People in Zimbabwe struggle all day to find just one tiny, tiny speck of gold to feed their families. A speck so tiny you need a accessor's magnifying glass to see it. Their currency was worth the same as ours in the 80s. Now you can buy a 100 trillion dollar note on Ebay for $8.00.
Are people really so naive that they could possible think cash savings and CDs are safe at this point? Jesus H. Christ!! Wake up.
I had a customer back in 2000 that gave me advise. Stocks and the market was all paper and worthless, at the time, he had 30k worth of Gold at 250oz and Platinum at 600oz and a boat load of silver. I lauged and thought he was a fool..who wants metal I thought..I was the fool.....I just bought 3k worth of silver, I get 350 coins, 19 sleeves....im trying for some gold at 940 if it hits..
I takes a lot of humility. No big fancy house or car to show off. No big digit bank account. G/S physical ownership is a private matter. I know people that drive rustbuckets and live in rented apts but have tons of precious metals tucked away.
People are conditioned to think of their worth in terms of their credit rating, the size of their home, their car. All BS. All part of the system that will collapse.
My investment in silver is to have "something" of value, unlike dollars. If one can think of a better investment (besides gold), please let me know.
If you have stocks, cash etc, you better get into gold and silver, as the $ will be history in the near future. And that's not my view, its the view of dozens of Economist.
Basically, you can do the opposite of what TV tells you, or better yet, turn off your TV.
Nothing will make silver jump, or gold for that matter. It's all a game and "they" control the price. Those that think they will someday have overnight riches from buying Ag or Au are setting themselves up for a big letdown.
ReplyDeleteWho said anything about "overnight"? Investing is about a timeframe on the order of 5+ years.
ReplyDeleteFeel free to keep your money in dollars; see how that works out for you.
I have a little bit of silver but it has been my hope that depressed pricing on everything before the SHTF would make for some really cheap silver.
ReplyDeleteIt has not worked out that way and silver is up about 25% from last Xmas. I know fiat money is going to get trashed to -0- and silver is a great opp.
Even at $15.35-$18.00 a coin right now is just dirt cheap. When SHTF and the dollar does a Zimbabwe people will be killing to get their hands on silver.
For barter, silver coins are the best choice. Gold will be far too high to barter for items. What are you going to do? Here's a gold coin, give me your car and wife? Anyone buying gold may think about buying it in gram bars instead of ounce coins, even at a premium.
Plus, if government tries a gold grab, which would be futile anyway, silver will really go into warp speed.
That said, food/water/protection first. You can't eat coins.
No one I know who invests in gold and silver is doing it to 'get rich.' They do it to avoid being caught in the wipeout of fiat currencies. To prevent everything they have saved and worked so hard for from being wiped out in just a few days.
ReplyDeleteAnything is better than fiat currencies right now. So much to lose, so dramatic, disasterous.
As far as the Chinese, they have been hording gold for years now, quietly.
If every person in China bought just two ounces of silver the above ground supply will be depleted in one day.
Those that love the dollar, checking, savings, CDs, IRAs - you are going to get hijacked on a level never seen before in modern human history. The banksters have proven themselves to be brutal thieves so why in the hell would you possible keep your life savings in their hands? I just don't get that thinking at all.
not going to get rich? I bought Silver at $4 an oz. I can easily sell it for $20 on ebay and replace it with the fake junk cash. I made more money than any idiot that bought in the stock market, interest in a bank, GOLD, IRA's or holding the dollar.
ReplyDeleteYes, anon #1. I bought a lot of gold at $350 so I am sure I was deluded at the time that the price/value would ever go up. Doh!
ReplyDeleteYou are correct that 'they' control the price 99% of the time. The one time they will not be able to stop the price appreciation going ballistic is when they crash the fiat currencies. They can't have it both ways. It is Fiat or things. If you destroy one - and they are doing everything in their power to destroy the fiats - then things, especially silver MUST skyrocket in value.
They would of course love to destroy the value of everything, but it can't work that way. So, they don't really care that the 2% - YES 2%!! - of Americans that own gold/s will squeak through the net.
By 2% I mean coins and bullion, not jewelry. Just to be specific.
ReplyDeleteVery FEW own gold and silver bullion.
People in Zimbabwe struggle all day to find just one tiny, tiny speck of gold to feed their families. A speck so tiny you need a accessor's magnifying glass to see it. Their currency was worth the same as ours in the 80s. Now you can buy a 100 trillion dollar note on Ebay for $8.00.
ReplyDeleteAre people really so naive that they could possible think cash savings and CDs are safe at this point? Jesus H. Christ!! Wake up.
I had a customer back in 2000 that gave me advise. Stocks and the market was all paper and worthless, at the time, he had 30k worth of Gold at 250oz and Platinum at 600oz and a boat load of silver. I lauged and thought he was a fool..who wants metal I thought..I was the fool.....I just bought 3k worth of silver, I get 350 coins, 19 sleeves....im trying for some gold at 940 if it hits..
ReplyDeleteI takes a lot of humility. No big fancy house or car to show off. No big digit bank account. G/S physical ownership is a private matter. I know people that drive rustbuckets and live in rented apts but have tons of precious metals tucked away.
ReplyDeletePeople are conditioned to think of their worth in terms of their credit rating, the size of their home, their car. All BS. All part of the system that will collapse.
Your worth is 98 cents.
ReplyDelete98 cents in chemicals, according to one study I read.
If we adjust for inflation..and then adjust for deflation/lack of demand you might be worth 50 cents.
This is a purely materialistic view, of course.
My investment in silver is to have "something" of value, unlike dollars. If one can think of a better investment (besides gold), please let me know.
ReplyDeleteIf you have stocks, cash etc, you better get into gold and silver, as the $ will be history in the near future. And that's not my view, its the view of dozens of Economist.
Basically, you can do the opposite of what TV tells you, or better yet, turn off your TV.
Yes. If you want to know why only 2% are making an attempt to prepare the answer is: THE BOOB TUBE.
ReplyDeleteMind control and conditioning in every home. Every past tyrannical monster could only dream of such a thing.
I love the last line of the video - Silver is much cheaper than Gold. Thanks for the heads up.
ReplyDeleteI just love a silver coin. Nothing is more beautiful than a Chinese Panda coin. Art. Real money. Value.