Sunday, March 20, 2011

David Morgan, The Currency Crisis has begun


Andrew Maguire Re-Emerges: Ex-Goldman Trader Exposes JPMorgan, HSBC In Latest Silver Price Manipulation Class Action Lawsuit , I believe mining stocks will really outperform the metals!!!too many scams on eBay - or even local dealers ,stick to Apmex, Monex, Gainesvillescoins Honest people - few worries - good prices , some experts like Adrian Douglas are calling for silver to become extinct in two or three years.Tim Butler is more cautious nd speaks about 4-5 yrs.Well... the geologists said Ag is the first element which will disappear on the periodical table... so... let's buy, and hope!.bottom line is we "can finally see the bottom of the well. But so many rumors. Heard Bill Clinton and Chinese have billion ounces hidden ready to trash market when time comes. Next will be aliens dropping silver eagles from flying saucers. It will never "disappear". May become so rare only used in applications that can justify, say, a price of $10,000 an ounce. Who knows what the future holds. I still believe gvt will steal it all.

Industrial demand from China will boost silver price

The #1 reason why silver will reach a triple digit spot price is the China factor. Prior year 2002, the private ownership of gold was prohibited in China but since early 2009, the Chinese government has been promoting aggressively the ownership of silver and gold to its citizens through China's Central Television, the main state-owned television company. Locals can buy silver bullion or gold bars at any Chinese bank in four different sizes .The Cninese demand for silver is still strong and further physical silver shortage could develop.China and its people are getting richer. They have high savings rate which enables them to invest in production and buy gold, silver and other commodities.
As Chinese people getting richer they will want to increase their standards of living. They will create demand for electronics and other consumer goods.As we know it's impossible to make iphone or TV without silver.Silver is the best electricity conductor.There is a lot of potential for high silver demand.Around 20% of World's population lives in China.


The global annual mine production for silver stands at 860 million ounces. Population of China is 1.3 Billion. Even if half, 650 million, were to buy a minimum of one ounce every month, that is enough to cause a price increase. If the Chinese citizens are indeed beginning to buy gold and silver, then this has to be a strong indication that prices are going to rise dramatically in the relatively near future.China is the only country in the world now that promotes gold and silver to their citizens.

Silver 1:1 parity with Gold - Webbots forecast

Everything is way too inflationary ,the elites have devalued the currency ,but they do not have to worry ,they get billions,so what they can print more for themselves the web bots predict that silver would soon reach $600/oz.,It would be great to see silver bullion at $50 a troy ounce, its still on the up about 38% over a year period. if the empire continues to fall as I think it will them $600 is very likely as you will see and believe .IF webbots put Silver with 1:1 parity with GOLD, we're looking at at least $1300/oz Silver.Try Gold & Silver= $8000/oz Loaf of bread= $8.99 Have you bought bullion yet? Get your silver and food now! I think there will be events that dump on the metals prices, and THEN it will go beyond the "nobody's" ability to purchase it. Huge amount of "shorts & longs" on metals too. Lots of comex/ paper metal investment to get rid of too. Knowing which is the sign with the shorts/longs is an issue.

Robert Kiyosaki : Our Childrens Future in Our Hands

Robert Kiyosaki speaking about the The 4 People in our Lives


Robert Kiyosaki : Yeah, I recommend three piggybanks. One piggybank says savings, one says tithing or charity, and the third says investing. And what I recommend is, even if it's just a penny a day, have your child put one penny in savings, one penny in charity, and one penny in savings. As a parent, you should do it, too, because kids copy you. It's not the dollar amount, it's the habit you're developing of paying yourself first, and charity is paying, you know, your spiritual guide, be it God or give it to a church or give it to a charity, but you're teaching a child very good habits of paying themselves first before they spend everything. And so I'll say it again, it's not the dollar amount, it's the habit that make you rich or poor.
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