China has introduced its first-ever investment opportunity for silver bullion. The bars are available in 500 grams, 1 kilogram, 2 kilograms and 5 kilograms with a purity of 99.9 percent.Silver is up just under 40% over the last year, quite clearly one of the top investments on the planet at this time. Can you imagine if every person in china bought just 10 oz of Silver... there would be none left ... Silver prices to the moon.Smart people buy bullion and take posession, whereas Americans buy ETF's, hahaha. Paper promises aren't real, peoples, paper promises are fake, try taking delivery of your paper promise (non existant metals) if you have any doubt.
Gold and silver has always been real money, until the Banksters created there Fiat currency system in 1971 the prices of real stuff just keeps going up. They short the metals at the COMEX, but with less and less metals there power will fall as the smart people take delivery. I think the Chinese Gov are all out in educating their people on the importance of silver. Recently, there's a movie in China named Silver Empire depicts an "ingot" banker's story during the late Qing Dynasty.
The family was like the Rothschild of China during that time. you'll see how silver was replaced by paper money, bank runs, etc. (those silver ingots just made me salivate =)
Wednesday, December 8, 2010
Silver Dollar Survey
David Morgan takes a survey using some silver coins and some not so silver coins.
The US Constitution says that ONLY gold and silver can be used as money and ONLY the treasury will issue money.
We went off the gold standard so that we could print more money than could be backed by the limited gold on reserve. You need lots of money to fight wars.
thats the big screw up, moving the so called federal reserve into private hands and getting off gold/silver standards...
and the income tax was really expanded during war time and has stuck with us ever since, since WWII more especially...
war has benefited USA by our cheap purchase of the Louisiana territory due to napoleons wars, otherwise France would have a powerful hold on much of america today!, boy would that have sucked!Currency is whatever material or otherwise that people are willing to use for trading goods and services. The problem with paper is it's to easy to just print more and have hyper inflation. Gold and silver are still rare yet also common enough for everyone to use and that is why they are considered worth something. The debate as to whether paper, silver or gold is a better currency is not complete without looking at the bigger picture of the economic systems in place around the world
WWII helped our economy, without our country getting crushed
The US Constitution says that ONLY gold and silver can be used as money and ONLY the treasury will issue money.
We went off the gold standard so that we could print more money than could be backed by the limited gold on reserve. You need lots of money to fight wars.
thats the big screw up, moving the so called federal reserve into private hands and getting off gold/silver standards...
and the income tax was really expanded during war time and has stuck with us ever since, since WWII more especially...
war has benefited USA by our cheap purchase of the Louisiana territory due to napoleons wars, otherwise France would have a powerful hold on much of america today!, boy would that have sucked!Currency is whatever material or otherwise that people are willing to use for trading goods and services. The problem with paper is it's to easy to just print more and have hyper inflation. Gold and silver are still rare yet also common enough for everyone to use and that is why they are considered worth something. The debate as to whether paper, silver or gold is a better currency is not complete without looking at the bigger picture of the economic systems in place around the world
WWII helped our economy, without our country getting crushed
How To Buy Silver & Gold - Mike Maloney Bonus Feature
Best advice from the video "its better to have silver and gold than not have it"
Just buy what silver and gold you can! Protect whatever wealth you have. I think personally the less wealth you have the more important it is to protect it.
The most common questions after learning about gold and silver are "How?" and "What form of Bullion should I buy?" This guy has really woke me up to what real money is, from watching his videos and doing my own research I now have an understanding of how the monetary system works ... I support JPM group action!I support this!BUT as long as it is legal to go "naked short" on commodities (unlike stocks where you must find the stock to borrow before you can short sell, can't JP Morgan, GS, BofA and others just continue to "sell" (short) silver that doesn't exist? I've hrd just JPM has has as much as1.5 billion ounces sold short. More than all physical silver in the world! Much like if we tried to buy ALL US dollars.They'd print to infinity!When gold and silver regains a high profile so that every corner store and gas station is excepting PMs as payment, business owners and managers are going to get up to speed on what junk silver is. Are we empty the ocean? Comments? JP Morgan will no longer exist because we the people buy gold and silver. JP Morgan is shorting silver, is NAKED shorting silver.Mike, you break it down in the simplest terms for anyone to feel comfortable just getting into precious metals. You're a valuable resource. Thanks for all the extra work you do.
Just buy what silver and gold you can! Protect whatever wealth you have. I think personally the less wealth you have the more important it is to protect it.
The most common questions after learning about gold and silver are "How?" and "What form of Bullion should I buy?" This guy has really woke me up to what real money is, from watching his videos and doing my own research I now have an understanding of how the monetary system works ... I support JPM group action!I support this!BUT as long as it is legal to go "naked short" on commodities (unlike stocks where you must find the stock to borrow before you can short sell, can't JP Morgan, GS, BofA and others just continue to "sell" (short) silver that doesn't exist? I've hrd just JPM has has as much as1.5 billion ounces sold short. More than all physical silver in the world! Much like if we tried to buy ALL US dollars.They'd print to infinity!When gold and silver regains a high profile so that every corner store and gas station is excepting PMs as payment, business owners and managers are going to get up to speed on what junk silver is. Are we empty the ocean? Comments? JP Morgan will no longer exist because we the people buy gold and silver. JP Morgan is shorting silver, is NAKED shorting silver.Mike, you break it down in the simplest terms for anyone to feel comfortable just getting into precious metals. You're a valuable resource. Thanks for all the extra work you do.
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