Thursday, July 21, 2011

Silver is a Powder Keg Waiting To Explode

Silver is a Powder Keg Waiting To Explode

Gold's value is ALL psychological since there are few uses for it in industry. Ten times more gold than silver today and going higher quickly as few new silver strikes are being found but HUGE increase in gold mining works out to amount of gold above ground doubling in five years. Was one billion in 1990. Now 5 to 10 billion. 20 billion is on the way for gold. As silver continues to DECREASE in amount available to industry or investment. "pick your poison". Gold has weaker highs and shallower lows - best for those who want stability. Silver is a roller coaster. I have both PLUS am fully "prepped". Something many overlook. In a complete collapse of society there will be a period where food, water, etc. are priceless while metals are not in demand. Do NOT buy metals for barter in a period of anarchy. You'll trade a fortune in silver for food. Become a "prepper" as well as having "real money" for AFTER anarchy. .tomorrow the new exchange opens -tomorrow in HK for silver contracts, i am glad to have gotten a little more 'amazing change' in my pockets.....350M accounts already set up to buy i hope even just one in a hundred pays attention to those commercials and buys a single contract and i hope that the new exchange is not corrupt like the others, diluting the paper out over 100 times.."Money supply" has increased 300% since Obama took office while assets behind the money supply has shrunk. No major inflation (yet) as, thus far, almost all of the added money supply sits in banks, etc. to help their books. Eventually these dollars will be put into circulation as problems worsen. THEN we will see major inflation + Depression. Currently, money in circulation has actually dropped! There is no way out now without default or print to hyperinflation. Both = major Depression. QE99

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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