An interview discussing the silver shortage, with Raul from Alt Investors Hangout.
find silver at great prices where others will not. If silver were to hit $5 and the mines decided they were gonna ignore spot price and put out silver at say 15-30 an ounce. The system would hold up and it would be buisness at usual with premiums ranging probably in the $5-$10 dollar range over whatever mines are outputting their silver at.
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
Monday, August 12, 2013
Gold & Silver Psychological Warfare Consolidation While India & China Buy!
Gold & Silver Psychological Warfare Consolidation While India & China Buy!
"For about a century, an ounce of gold purchased one Saville Row suit. Today the cheapest such suit is $3,000 and gold is ‘market priced’ below half that number. Keep this information in mind the next time someone tries to tell you that gold is overpriced." Even with multiple layers of derivative markets in the shell game for insiders, these mega rich bond holders lose and still want Federal bailouts for city's municipal bonds. They use pensions to stir up emotion when the interest on the bonds is the root problem.
"For about a century, an ounce of gold purchased one Saville Row suit. Today the cheapest such suit is $3,000 and gold is ‘market priced’ below half that number. Keep this information in mind the next time someone tries to tell you that gold is overpriced." Even with multiple layers of derivative markets in the shell game for insiders, these mega rich bond holders lose and still want Federal bailouts for city's municipal bonds. They use pensions to stir up emotion when the interest on the bonds is the root problem.
China's 'Big Mothers' Drive Gold-Buying Binge
Bargain-hunting middle-aged Chinese women have become a force in the global gold market as they rush to take advantage of falling prices. WSJ's Tania Lee reports.
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