NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Investing in silver, as an alternative safe haven to gold : In times of crisis, Silver becomes an alternative safe haven for your investments. Silver is often viewd as a cheap gold . silver quotations were back at the highest since March 2008. Touched $ 29.5 per ounce on the London Stock driven by race to 'purchase mostly coming from the field of numismatics, but also by investors and by the jewelers, and from the industrial sector which is recovering from the crisis. The white metal is used for electronics because of its good conductivity even if it is less workable than gold. After 16 years of declines (1990 to 2005) in 2010 the race is back to purchase silver , CPM Group, author of the annual Silver Yearbook, estimates the reserves of silver in the world at 213.9 million ounces , exceeding that of 2009 of 209.7 million.
David MorganTalks Dollar Default Risk, Deflation, Hyperinflation, & More Adrian Douglas thinks silver price will reach parity with Gold one day. Demand for silver will maintain any increased value, due to supply of decreasing, with rapidity to its extinction. Oil and silver mimic one another. Both are destined to become "rare earth" resources. A population reducing pandemic is the only variable which could counterbalance or impede this outcome.
Tarek Saab of Trusted Bullion asks David Morgan to comment on the following:
-The 41% YTD rise in silver and his near term and long term projections -The Global economy, industrial demand, and its impact on precious metals. -The bond market, and its potential to act as a cork on hyperinflation -Mining companies, and whether now represents a buying opportunity -Deflation, and his view on credit contraction, M1, M3, and the definition of money David Morgan is the first expert I've heard who points out the truth about historical $50 silver and $800 gold. It has always annoyed me to hear people use those numbers to their own advantage. I have pointed this out to people only to have them put a B.S. spin on the subject and refusing to acknowledge the truth. Thank you Mr. Morgan for validating my observations. Silver and all commodities went down when China raised interest rates on their currency. This recent dip may be in large part due to that event. I think it's still bullish. And the old Silver high was still over $30 and in inflationary dollar that is at least $80. But I think many more factors are coming into play now. All countries are devaluing their currencies to raise exports and it has never happened this much before. Just starting, watch.
