12 hours stale *yawn*
Silver is the new king.
30 dollars before 5 Nov
4:04 - Bozo comment.
what should i do with all this gold now.dam.
a penny now has no copper in it, worthless junk, as is the dollar, silver baybay
after i sell my silver; sell your gold to me! ;-)
can some plz post the original youtube link, cause it isn't available im my country :-(thx alot
ah yes silver for the middle class gold for the cb's and wealthy ones.ever hear of a wealthy person holding a big percentage of their wealth in silver? what about any position?i bet you have heard of that in gold in fact the ECB holds 60% of it. what about the oil states? what about the richest people and families in the world? how much do they own.yes silver is the distraction for the middle class to forget about gold. they love it that the market classify s gold as a commodity as silver when the CB's/Oil value it at multiples of a thousands for their own physical trade.remember there is 157 times more silver in oz's available at todays prices then their is gold.only 0.04% of all the gold is available for flow while in silver 7% of the supply is available.you must remember that its not about how much supply there is of silver est 1 billion oz vs gold est 150,000 metric tonnes, its about how much of it is available. as a commodity silver will be very valuable but like all asset classes it follows the law of supply and demand to create its tops and bottoms but gold does not follow that same law, it rises as flow goes away and unlike silver, supply wont come into the market as the price rises just like a stock or real estate.silver will never be monetary ever again because there just isn't enough of it but gold will always be because it is abundant and in tight hands which is going to get even tighter.remember monetary value is far greater then one that is scarce.so buy silver if you feel it has more value. is it because you can buy 2oz of silver and only get 1 gram of equivalent gold?so tell me which billionaire will buy up that silver and gamble his wealth instead of being in the sure thing of gold?the hunts bought silver because it was illegal at that time to buy gold in the US.gold going to the moon at a world near you.
7:34 you are so misinformed its quite comical. The CHINESE are buying SILVER like no tomorrow. I personally know of 5 multimillionaires that own in excess of 100,000 OZ each. There is less SILVER above ground available than GOLD in this world ! There are ONLY 24 SILVER MINES IN THIS WORLD. Before you post such NONSENSE and ill informed garble, please do your research. READ HERE
i can tell you missed the point of the story....its not about how rare it is but what the velocity is.based on your economic understanding silver should be much more valuable then gold but why isn't it? after all there is less above ground silver then gold.so why isn't it worth 1400? flowhow much silver is in the dealers inventory at the comex? 50millionwhat about gold? 2 million.its not about how rare it is but how much of it flows. much less gold flows then silver which is why silver is much less valuable as a commodity then gold. when gold because a reserve asset again which the BIS already has planned then you will know what flow is all about when it is completely hidden. you will also never touch gold again and you'll be left with that commodity of silver.not saying dont put any money in silver but just understand what the diff is between silver and gold. dont put your wealth in silver. silver is for trade gold is to store wealth. ask china how much silver they have on their foreign reserves balance sheet. dont search ill tell you. 0 and will always be 0.silver is to trade for gold and nothing else. finding a fool to give you their gold for silver is the same as finding a fool to accept your dollars for silver or gold.
8:11 I have been trading SILVER and GOLD since 1979, I have personally met with some very distinguished individuals in the coin business WORLDWIDE. You are so out to lunch on that theory its insane. I tradesd 1000 oz of silver for a house in CALGARY in the 80's. I can go on and on to dispute your hillbilly statements but I don't have the time. SILVER is for WEALTH.
8:11 has valid points.I have silver, but I continue to accumulate much more gold in dollar terms, than silver. The money of the CBs is gold. And the big money is all about gold. Follow in the footsteps of the Giants; they'll take the few along (very few) that are smart enough to jump onboard. And those with silver will also do well.
SILVER will triple or quadruple while GOLD only doubles. Much better deal in SILVER than GOLD
Well, for those of you who would much rather buy more gold than silver, I say...YEA! That means more silver for me.
With the economy recovering so fast why by silver or gold? The prices will fall sharply soo, once the dow goes beyond 13K soon.
Think now, if you are a person of "great worth" is it not better for you to acquire gold over years, at better prices? If you are one of "small worth", can you not follow in the footsteps of giants? I tell you, it is an easy path to follow!
Gold or Silver the endless question...All I know is gold is forever but silver is here and used in hundreds of medical and industrial ways.People hoard gold but people USE silver...The silver market is very verymanipulated and I believe that when the real #s trickle out the panic won't be in gold but in silver.As for the "Do as the giants...Yadda yadda yadda?" Yes and no...You can but most of us can't get enough to make a huge difference...AND just food for thought...Besides the upper 1%-2% who really believes most rich are on the same page?I know a few very rich people and they seem to have no notion of how bad we're off...Money doesn't mean intelligence or survival skills...It just means they have lots of money.Hell if I had the money I'd have a compound and trees, crops chickens, guns, dogs etc...Seems most rich believe that the storm will pass them by...I'm sure that's what most rich thought in Rhodesia, Brazil, Argentina, Mexico, Russia etc etc before the looting, kidnapping and crime waves hurt them too.
======= SILVER AT $50 SOON ????? =======A King World News contact out of London has confirmed that, “Massive Asian buying is going to squeeze the shorts in the silver market. Any reactions in the price of silver will be heavily purchased, and these buyers will take delivery of physical silver.” The source who wishes to remain anonymous agreed with Eric Sprott that this squeeze could take the price of silver to $50 in a matter of months.
these kind of predictions often fizzle...
10:50 you mean when predictions during the year 2000 and up stating SILVER to $25 and GOLD to Over $1300? That fizzled out didn't it? I remember a prediction when GOLD was $600. They stated it was a bubble and everyone should get out. These people should be fired. WHEN QE stops and the debt is paid is when GOLD and SILVER collapses. Use your noggin.
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Silver and gold, it's all perceptual when it comes to which one will have more "velocity". This "velocity" can change almost overnight when public awareness/opinion changes as to things like silver price manipulation or the true amount of supply vs. gold. One can not predict what will be used as money in the future. Remember that salt was used as currency at one time. And so were shells.
12:03 ridiculous statement. GOLD and SILVER have been used since the BIBLE days. Shells were used to trade with kids on the corner. We can predict that, since GOLD and SILVER are accumulated by MANY COUNTRIES in the world, it has a place in this world as CURRENCY, at some time and place.
You missed the point douche bag. I am comparing silver to gold, and more specifically in regards to the previous poster saying that silver does not have the velocity. That can certainly change. It is not something "Written" into the molecular structure of the metal. Moreover we can not know WHAT will be the currency du jour in the future. These things change over time. But, rest assured that both silver AND gold will be going up in value, and likely silver more so in relation to itself.Do us all a favor and try to read, think, and reflect before you fire off at the keyboard with irrelevant comments.
I hope for a silver pullback to 14.50/oz so I can buy a boatload. It's not going to happen again is it?
7.54 Right on baby explain reality to the Golden misinformed dummy.
silver to $50 Id say your a year away.
I am hoping for the same. I remeber when it was just 7.50/oz. not so long ago! Those days are probably long gone.
Everyone is encouraged to participate with civilized comments.