Showing posts with label Physical Silver Shortage. Show all posts
Showing posts with label Physical Silver Shortage. Show all posts

Wednesday, May 4, 2011

Dont Panic, Buy and Hold Physical Silver!!

Don't Panic, Buy and Hold Physical Silver !!

The manipulation in the silver market right know this is crazy. The price dropped almost 4 dollars in under 7 hours I have been watching the price since I got home from work about 3. The price went from 44. 21 to 40.60 in under 7 hours, the made 4 heavy drops hitting the 40.60 mark. We had 44.21 down to 42.52 from there down to 41.38 another big drop to 40.76 bottoming out at 40.60. Now it bounced around a little in between but sank fast. After it hit 40.76 it struggled back up to 41.83 before it bottomed at the 40.60 mark an hour and a half later I HAVE TANGIBLE PYHSICAL SILVER. Just look outside the scenarios that have been laid out by the major news outlets and paper shoppers and see for yourself what is really going on with silver. Go on the major online dealers websites and which ones you go to I don't not care you will see the truth about silver it is extremely hard to obtain physical right now. The U.S. mint is not currently making silver eagles, the major dealers and local dealers all have delays on eagles and a lot of other bars and rounds have a wait or in a sense backorder on eagles and one oz.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Sunday, April 10, 2011

Physical Silver getting harder to find delayed



Silver is more rare than Gold The Sprotts Expect Silver to Keep on Sizzlin ,its more rare we've used all that we have mined and we use more silver in everyday production, yet they try to say don't buy silver .Silver will become a "national security issue" (Planes,Helicopters,Tomahawk Missiles etc. all require a fair amount of silver). If you look at complete amount of silver and Gold including what's in the ground you have 14.5 billion ounces of silver and 8.6 billion ounces of Gold. Most of that silver is not mined but silver as we speak should be at least 600-800 and ounce. That's not even taking into consideration that in 10 years there will be less silver (In and above ground) than gold if you go by the National debt clock. If you go by the USGS Silver will be extinct .

Saturday, January 22, 2011

Physical Silver Shortage is Developing!

Physical Silver Shortage is Developing!



One word of advice...Prepare. Have you been to the grocery store or the gas pump lately? Look at fruits and veggies. Producers are also combatting inflation by sneaking less product into the containers, aka shrinking the size of whats in the box, or changing the shape of the bottle so it holds less.The USD has been less than the CAD for a few weeks now. Look up US dollar exchange rates
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