Silver prices at 31-year high , silver hit a new 31-year peak Tuesday as investors' desire for safe havens trumped news of a Chinese interest rate increase. the price of silver, which more than doubled in the last 12 months, climbing to its most expensive level versus gold since 1983.Owning both junk and bullion coins is a great idea. The junk is easily recognizable in a barter situation.. that will most likely be the money when the dollar collapses. If you are bartering small, a 100oz or 1000oz silver bar is not what you want. Smaller fractionals are essential.. dimes, quarters and halves.According to some experts like James Turk and Eric Sprott , the silver bull rally just started and we are going to see an explosion in the silver market in the coming months and years , this is the decade of the silver Eric Sprott calls it ,this is the biggest investment opportunity in human history says Mike Maloney
Mining Shares: SLW, SSRI, SVM, SA, GBG, PZG, These are best, recommended by porter stansberry, doug casey, & others
Tuesday, April 12, 2011
Gold Boom Dollar Doom
Gold Boom Dollar Doom
Gold is soaring Silver just flew past $40 oz, as the U.S. dollar weakens and breaks down. and Oil Prices skyrocket.All the dollars all over the planet are all coming home, that and the Fractional Reserve Banking multiplier, once the banks begin lending, is going to devalue the dollar at least 10 times.$4 a gallon Gas? Try $40 a gallon, because the Dollar doesn't buy a nickle anymore. Silver and Gold are being manipulated to the extreme now as the end of the currency cycle has arrived. The shift has begun, and it will come with some pain. 3 wars, open borders, rising oil, inflation and food costs.
Gold is soaring Silver just flew past $40 oz, as the U.S. dollar weakens and breaks down. and Oil Prices skyrocket.All the dollars all over the planet are all coming home, that and the Fractional Reserve Banking multiplier, once the banks begin lending, is going to devalue the dollar at least 10 times.$4 a gallon Gas? Try $40 a gallon, because the Dollar doesn't buy a nickle anymore. Silver and Gold are being manipulated to the extreme now as the end of the currency cycle has arrived. The shift has begun, and it will come with some pain. 3 wars, open borders, rising oil, inflation and food costs.
Obama Birth Certificate ~ Donald Trump Not Backing Down!!!!!
Donald Trump : ..The fact is we have not seen his birth certificate he i assume e I hope has a birth certificate I am sure you do I know I do it has been a great controversy over this period of time ,....when somebody mentions that he does not have a birth certificate they label these people the worst way possible like they are not so smart just to be nice about it ...I am a really smart guy I want to see his birth certificate , nobody has been able to give me a birth certificate , members of his family are disputing which hospital he was born in ! it all important for one reason and you know what the reason is : if you are not born in this country you cannot be a president , Arnold Schwarzenneger wanted to run for president and he is a good guy he can't do it because he was not born in this country , so there is something very strange going on .....
Silver Wheaton CEO the Bull run in precious metals to continue because people have lost faith in paper currencies
Silver Wheaton 's CEO the Bull run in precious metals to continue because people have lost faith in paper currencies
Randy Smallwood, CEO of Silver Wheaton, the world's largest reseller of silver, : " whether we talk about the price of silver, a lot of people are talking about this as being a bull market in precious metals. i think it's a bear market in paper currencies. we all know about sovereign debt issues and such. i see continued strength in commodities and specifically precious metals as a store of value , I don't think that's changing I do not see any thing that has changed , you know we were talking about a bit of a set back in couple of days I haven't seen anything that is changing on the other side of the equation i.e. I wish we had more faith in paper currencies "
Randy Smallwood, CEO of Silver Wheaton, the world's largest reseller of silver, : " whether we talk about the price of silver, a lot of people are talking about this as being a bull market in precious metals. i think it's a bear market in paper currencies. we all know about sovereign debt issues and such. i see continued strength in commodities and specifically precious metals as a store of value , I don't think that's changing I do not see any thing that has changed , you know we were talking about a bit of a set back in couple of days I haven't seen anything that is changing on the other side of the equation i.e. I wish we had more faith in paper currencies "
David Morgan : raw gold shortage in China
David Morgan on raw gold shortage in China interviewed by kitco news
David Morgan who has spend some time in China says that the Chinese people are mostly accumulating paper gold not physical this is quite surprising , China is now considered the world's largest producer of gold.But most of it stays in China, where people see gold as a safe, solid investment in uncertain economic times.CHINA GOLD IMPORTS JUMP! 500% China had plans to increase its gold holding in its foreign exchange reserves. China wants to get its 3,000 tons of gold off the market, so as to not drive the price up.gold sales in China is not slowing down. On the contrary, it is surging Gold products are usually purchased for special occasions, like weddings. But surging global gold prices are also driving Chinese investors to snap up what they can.
David Morgan who has spend some time in China says that the Chinese people are mostly accumulating paper gold not physical this is quite surprising , China is now considered the world's largest producer of gold.But most of it stays in China, where people see gold as a safe, solid investment in uncertain economic times.CHINA GOLD IMPORTS JUMP! 500% China had plans to increase its gold holding in its foreign exchange reserves. China wants to get its 3,000 tons of gold off the market, so as to not drive the price up.gold sales in China is not slowing down. On the contrary, it is surging Gold products are usually purchased for special occasions, like weddings. But surging global gold prices are also driving Chinese investors to snap up what they can.
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