Thursday, December 13, 2012

The Value of Silver

The Chinese didn't invent a form of currency that was backed by nothing, they invented the idea of a certificate that was backed by physical holdings. I'm sure if you could go back in time and tell the Chinese that in the future, governments and central banks would move to paper currency backed by nothing, they would be shocked. And their immediate response would probably be to say that if the certificate is backed by nothing, then its just paper that has no value.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Wednesday, December 12, 2012

PETER GRANDICH ~ Bullish Gold Indicator

GoldSeek Radio's Chris Waltzek talks to PETER GRANDICH - Dec 4, 2012 interesting because he seems to have a mental block on silver. If gold is king then why does GoldMoney have more ounces and more in dollar value of silver than gold? Maybe it has to do with his working with star athletes and their gold metals? To them, getting silver means not winning.

The Essential Buying Guide for Gold & Silver Newbies .

Ever wonder why we still treat Gold & Silver as currency? A quick look at why you might prefer to keep your wealth in silver instead of dollars. Fiat currency is potentially limitless, but precious metals like gold and silver retain value because their supply is limited. Even when silver isn't in the form of coins or bullion, it still retains its value.

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