1) In a Marxist society like ours paper assets are more and more risky, especially for taxation.
2) The stock market is going to fall, and silver and gold stocks may well fall with it.
Buy silver bullion
George Soros is a Zionist One Worlder, but he is not senile like Warren Buffett. George told the world gold was a huge bubble to keep others from buying any. Meanwhile he bought up $600 million dollars worth. Why didn't George buy silver? Lots of reasons. There isn't that much silver available for sale. Any large sales would make the price rise dramatically. Silver is a very tiny market folks, and this is one reason it is going to go ballistic. Where are you going to safely store hundreds of tons of silver? He can store that gold in small tool shed, but it would be next to impossible to store hundreds of tons of silver. BACK UP THE TRUCK AND BUY SILVER. This is it; no more waiting. Buy all you can. If the price falls a little so what? This is the time.
We are holding our silver stocks. When the stock market starts to collapse it may be a very good idea to dump all your silver stocks. They may well crash with the market as people scramble to liquidate and get cash (Monopoly money). If you want to hold stocks you can buy them back at a lower level. If the HUI falls below, say, 380 just dump them.
(snippet)
The housing collapse is going to get much worse folks. This includes commercial real estate as well. Notice how every week businesses in your town close down, and more empty stores are for rent? The median American home will sell for $120, 000 or less in the next three years. You will be able to buy the median home for only 600 ounces of silver. Yes, only 600 ounces of silver will buy the average American home in 2013 as home prices collapse and silver goes to $200 and higher. Probably a lot higher. It's hard enough to get people to understand it will go to $200. In 1982 silver sold for $50 an ounce when there was an abundance of silver in the world. Adjusted for inflation, that would be about $120 today. We're almost completely and totally out of silver. We cannot begin to possibly mine enough to keep up with demand. Buy silver bullion, rather than stocks, and keep it yourself. Hide it creatively.
Silver is four times better than gold, and will return to the traditional 15:1 ratio as it always does and always has. That would be $200 silver and $3,000 gold for example.
More Here..
I love silver and those who dont have it will be broke and they will be losers, please everyone keep your dollars in the banks and in the safe deposit boxes, all will be well, just please leave it there
ReplyDeleteI posted the following comment at a coin site. The story was about the 2009 mintage for silver eagles. All the previous comments did nothing but complain about the fact that the mint is not producing proof coins.
ReplyDelete--- start ---
Reading all the comments, I'm struck by one thing...
nobody is discussing the real story here.
2007 9,028,036
2008 20,583,000
2009 30,459,000
Why?
Who is buying?
Do you have friends or family that are accumulating?
Are you buying? If not, why?
You should begin pulling the curtain back to see the man behind it. Collecting is interesting and fun, but preservation is now the name of the game.
Ok, let the flames begin.
--- end ---
uh...er.....7:13, do you know who Soros is? If you did you would know why he is a Zionist, but at least one who has tipped his hat and is telling those that pay attention to buy gold and silver, this tells me he has little faith in fiat going into the future. He is in the elite circle, and he knows what is coming down the pipe.
ReplyDeleteWater, food storage, ammo, weapons, silver; in that order.
ReplyDeletePersonally I wish ammo and weapons were not on the list, but I am not into trying to protect myself with a steak knife.
Is bullion better than pre-1964 coin?
ReplyDelete@11:42, I think pre 65 stuff will have it's place, junk silver as they call it. It is after all 90% silver and there are times you can buy it at or below spot. I would keep a little around for smaller purchases should it come to that. Get some old mercury dimes, or even the pre 65 Roosevelts are fine, maybe some Walker halfs or Franklin halves, etc
ReplyDeleteJust buy silver, I have been for the past 8 years....
ReplyDeleteyou can't go wrong..
My 100oz bars make great book ends.
ReplyDeleteSilver went up before y2k, then after y2k when nothing happened, silver tanked to almost worthless. People sold it just to unload it. These people won't buy silver again and get ripped off. Since nothing has happened so far(total collapse), silver will again tank.
ReplyDeletesilver will do great yes but in the final paper collapse, the giants (bis) will revalue gold.
ReplyDeleteremember oil is traded for gold, silver is not held by anyone as is not used as a reserve. i have silver but will use it for barter and should greatly outperform many assets except for gold.
Well laura you got that bang on... NOT LOL $16 a ounce was only last year, seems like ages ago. Oh well lets see if we can get back to breaking $50 this autumn
ReplyDeleteScottsdale Silver is the finest Silver in the world !
ReplyDelete