Jim Rogers says gold will be a great investment over the next decade as it is expected to test USD 2000 per ounce .Gold is more than just another commodity, it’s a currency. It is THE currency that has been the foundation of every worthwhile economy on the planet for over 5,000 years.Depression is coming and paper will be worthless.Physical gold is alot higher than COMEX.Perth(Australia) has now stopped taking orders until January.GOLD IS A CURRENCY!!!!
'Paper' gold is just as safe as a stock, 'electronic' gold is even less safe. Neither will be available to trade when the dollar collapses.
Saturday, March 19, 2011
Friday, March 18, 2011
Silver or Gold Bullion
During the time of Tiberius (time of Christ) 200 denarius was about 21.5 troy ounces of silver by weight, the price to buy 5,000 loaves of bread to feed 5,000 men with their families (Mark 6:37). Average price of a loaf of bread in Canada today is $3.00. To feed 5,000 at one loaf per family would cost $3 x 5,000 or $15,000. Thus an ounce of silver during the time of Tiberius priced in today’s dollars is $15,000 /21.5 troy ounces (200 denarius) = $697 per ounce.
Silver is definitely undervalued. In fact, many top analysts say the prices of silver and gold ought to be reversed based on supply alone. Some say the Earth has less than a decade left of silver left in its ground. Silver actually has alot of industrial demand. All the Gold that's ever been mined still exists in one form or another.Silver is gonna go crazy like really really crazy as Jim Sinclair's call which is gold going to 1625$... XD get silver and get silver miner! XD . America and the World is headed toward an economic Meltdown!
The majority of individuals are simply to busy to have any insight into the above truth. If you see this truth, then please, for the sake of you and your loved ones, take a minute to empower yourself with the knowledge of what you can do to thrive and survive.JPM said they are going to lessen the naked short positions. With what their magic wand? I will never believe them. They are full of BS and their are always going to be full of BS because the Fed makes money out of thin air and they are not federal and they don't have a reserve.
The industry demand of silver is far much bigger now then in -91, also the central banks was selling of huge amounts of silver in the 90's.
Most silver today is in landfills and the reserves above ground has never been smaller.
This has made silver interesting for investors and the investing part of silver is also getting bigger and bigger.
Another "historical" event is the growing markets in the 3rd world, now getting computers and cellphones. The only demand in the 90's was from west.
Silver is definitely undervalued. In fact, many top analysts say the prices of silver and gold ought to be reversed based on supply alone. Some say the Earth has less than a decade left of silver left in its ground. Silver actually has alot of industrial demand. All the Gold that's ever been mined still exists in one form or another.Silver is gonna go crazy like really really crazy as Jim Sinclair's call which is gold going to 1625$... XD get silver and get silver miner! XD . America and the World is headed toward an economic Meltdown!
The majority of individuals are simply to busy to have any insight into the above truth. If you see this truth, then please, for the sake of you and your loved ones, take a minute to empower yourself with the knowledge of what you can do to thrive and survive.JPM said they are going to lessen the naked short positions. With what their magic wand? I will never believe them. They are full of BS and their are always going to be full of BS because the Fed makes money out of thin air and they are not federal and they don't have a reserve.
The industry demand of silver is far much bigger now then in -91, also the central banks was selling of huge amounts of silver in the 90's.
Most silver today is in landfills and the reserves above ground has never been smaller.
This has made silver interesting for investors and the investing part of silver is also getting bigger and bigger.
Another "historical" event is the growing markets in the 3rd world, now getting computers and cellphones. The only demand in the 90's was from west.
David Morgan : Silver has better dynamics than gold
silver guru David Morgan : Silver has better dynamics than gold
The U.S. Mint just reported another record, but this time it wasnt for gold. The Mint sold more Silver Eagles in March and in the first quarter of the year than ever before. A total of 9,023,500 American Silver Eagles were purchased in Q110, the highest amount since the coin debuted in 1986.the first thing Roosevelt did was declare National Emergency and institute Martial law the he ordered a reclaim of all the silver and gold the dollar will be worthless but he will pay for YOUR gold and silver in fair Government Terms and Prices
David Morgan :".....Silver has better dynamics than gold from an investment perspective, but fewer people are willing to invest in it. It's a smaller market and therefore more volatile. But the dynamics of silver are better, because it has every attribute of classical money that gold holds—that safe haven status—and it's better recognized as money on a global basis, not just a North American basis. On top of that, it has industrial demand, and most of those applications are price-inelastic, meaning demand will be there regardless of silver's price. So, long term, silver really does have a better investment profile than gold does.I'd say that more people are waking up to that fact, and I'll say it from empirical evidence as well...."
The U.S. Mint just reported another record, but this time it wasnt for gold. The Mint sold more Silver Eagles in March and in the first quarter of the year than ever before. A total of 9,023,500 American Silver Eagles were purchased in Q110, the highest amount since the coin debuted in 1986.the first thing Roosevelt did was declare National Emergency and institute Martial law the he ordered a reclaim of all the silver and gold the dollar will be worthless but he will pay for YOUR gold and silver in fair Government Terms and Prices
David Morgan :".....Silver has better dynamics than gold from an investment perspective, but fewer people are willing to invest in it. It's a smaller market and therefore more volatile. But the dynamics of silver are better, because it has every attribute of classical money that gold holds—that safe haven status—and it's better recognized as money on a global basis, not just a North American basis. On top of that, it has industrial demand, and most of those applications are price-inelastic, meaning demand will be there regardless of silver's price. So, long term, silver really does have a better investment profile than gold does.I'd say that more people are waking up to that fact, and I'll say it from empirical evidence as well...."
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