Robert Kiyosaki ‏: Don’t just try to find great opportunities. Find an opportunity and make it great.

Robert Kiyosaki ‏: Don’t just try to find great opportunities. Find an opportunity and make it great.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Live it up! Buy everything you want… just by the assets to pay for them first.

Robert Kiyosaki ‏: Live it up! Buy everything you want… just by the assets to pay for them first.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Luck is created, just like money is. Create your own.

Robert Kiyosaki ‏: Luck is created, just like money is. Create your own.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki : We may not ever become a king or a queen but we can all be entrepreneurs.

Robert Kiyosaki : In the Information Age, the richest people are entrepreneurs. We may not ever become a king or a queen but we can all be entrepreneurs.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Everyone can tell you the risk. An entrepreneur can see the reward

Robert Kiyosaki ‏: Everyone can tell you the risk. An entrepreneur can see the reward.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki : Life is found in chaos. Through chaos comes genius.

Robert Kiyosaki : Life is found in chaos. Through chaos comes genius.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Money can’t buy financial happiness… only knowledge can

Robert Kiyosaki ‏: Money can’t buy financial happiness… only knowledge can.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Savers are Losers

Robert Kiyosaki ‏: Some banks are CHARGING customers for holding their savings. Thus, losing money through saving money. More proof that ‘savers are losers’.


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki on why small businesses fail

Robert Kiyosaki ‏: Most small businesses failed because the owner was under skilled, not under capitalized.


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki : What you don't know keeps you Poor

Robert Kiyosaki : Most with college degrees have zero financial education. My rich dad often said, "What you don't know keeps you poor."


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Gold Is Still Best Store of Value: Elliott

May 3 (Bloomberg) -- Gold remains the best store of value in an uncertain global economy, Elliott Management Corp. told clients even as the $21.8 billion hedge-fund firm founded byPaul Singer lost money on its bullion position this year. Su Keenan reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Breakable, Barterable Bullion: The Gold Bar You Can Carry In Your Wallet And Use As Money

Switzerland makes nice chocolate bars and now they make nice, breakable gold bars

Of course gold is a highly impracticable way to barter now. The idea is that in the event of a partial currency collapse you'd still have your savings protected. In the event of such a collapse we'd likely adopt a barter system for a period of time, and it just so happens that its much easier to carry and safeguard an ounce of gold than 8 tons of coal or 350 gallons of gasoline.

Silver Shortage of April, 2013

Jason Hommel

|

Sunday, April 28th

(In Rounds and Eagles!)

Silver Stock Report

We at www.jhmint.com have investor silver available, 10 oz. bars, and 100 oz. bars, and we can order more.
Rounds and Silver Eagles are sold out, and occasionally it has been difficult to source them, on and off, so far this year.
Prices over spot are changing up to 5% per day, and silver eagles are selling for up to 30-40% over spot on ebay.com.
Investor buying probably remains about where it has been for the past 4 years, at about 100 million oz. of silver per year, but maybe a tiny bit more in recent weeks of course.
Silver Eagles are about half of the silver sold to investors, nationwide.
There is nothing extraordinary about sales figures from the US Mint. They are pace to make about 40 million oz. of Silver Eagles this year, which is a bit more than last year, and about the same as the year before that.
http://www.usmint.gov/mint_programs/american_eagles/?action=sales&year=2013



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

Robert Kiyosaki ‏: Each Dollar in my Asset column is a Great Employee

Robert Kiyosaki ‏: Each dollar in my asset column is a great employee, working hard to make more employees and to buy the boss (me) a new Ferrari.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Often in the real world, it’s not the smart who get ahead, but the bold.

Robert Kiyosaki ‏: Often in the real world, it’s not the smart who get ahead, but the bold.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Guts, chutzpah, audacity, bravado daring, tenacity and brilliance decides one’s future

Robert Kiyosaki ‏: Guts, chutzpah, audacity, bravado daring, tenacity and brilliance decides one’s future much more than school grades do.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Money is one form of power. But what is more powerful is financial education.

Robert Kiyosaki ‏: Money is one form of power. But what is more powerful is financial education.


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: The reason they are called Brokers is because they are often broker than you

Robert Kiyosaki ‏: The reason they are called brokers is because they are often broker than you.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Money does not make you happy, but the lack of money can cause unhappiness

Robert Kiyosaki ‏: Money does not make you happy, but the lack of money can cause unhappiness.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Once upon a time, the U.S. Dollar was as good as gold

Robert Kiyosaki ‏: Once upon a time, the U.S. Dollar was as good as gold. Today this is a fairy tale.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki : Don't bury your failures. Let them inspire you

Robert Kiyosaki : Don't bury your failures. Let them inspire you.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Predicting the market is not the key to wealth

Robert Kiyosaki ‏: Predicting the market is not the key to wealth; being prepared for whichever direction it goes is.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Entrepreneurs don't finish when we are tired. We finish when we are done

Robert Kiyosaki ‏: Entrepreneurs don't finish when we are tired. We finish when we are done.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: What good is it for someone to gain the whole world, yet lose your soul?

Robert Kiyosaki ‏: The old proverb asks, "What good is it for someone to gain the whole world, yet lose your soul?" The key is to have both!

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

PERTH MINT - 'Our Business Has Doubled' due to DEMAND FOR GOLD & SILVER BULLION

Business at the Perth Mint is brisk in the wake of gold's sharp price drop in mid-April, reflecting the global trend of demand for the yellow metal.

"We haven't seen this type of demand since the 2008 financial crisis. Our business has doubled. We're racing to try to get as much stock out as we can," said Ron Currie, Perth Mint sales and marketing director.

Since a few days are left in the month of April, the Perth Mint doesn't have final sales figures yet, but Currie shared gold bar and coin sales for the first few months of this year to give an idea what "double" means. Coin sales in the first quarter of 2013 were 97,541 ounces, versus 65,538 ounces in 2012 at the time. The 2012 figure is lower due to unusually low sales in February. Total gold bar sales in the first three months of 2013 were 69,885 ounces, similar to last year's sales at that time, 69,517.

The average monthly sales figure for the coins in the first three months of 2013 are about 32,513 ounces and the average monthly sales figures for the bars are 23,295 ounces.

The Perth Mint is one of a handful of elite global mints, on par with the U.S. Mint and the Royal Canadian Mint. It is owned by the Government of Western Australia and is the exclusive producer and issuer of Australia's gold, silver and platinum bullion coins.

Buyers are focusing on bullion products in the purchasing spree, with the one-ounce Kangaroo coin and bar a favorite, Currie told Bull Bullion Report in an interview. The one-ounce size is the most popular with investors even during normal sales periods.

"We've had some numismatic sales, but all the sales we've seen lately are for the bullion product. It's skewed more to gold, but silver is beginning to see a pickup in sales," Currie said.

For silver, the one kilogram bar and coin is hot, he added.
The Perth Mint is starting to see some interest in fractional coins offerings, which Currie said might be a result of supplies running out elsewhere. This week, the U.S. Mint suspended sales of its one-tenth ounce gold bullion coins, but said it has ample supply of other sizes. News reports have said that retail demand is strongest for the small coins.
The Perth Mint also sells platinum bullion coins, but those are not drawing the buyers. "Surprisingly we're not seen as much interest in the platinum products. The type of person who is buying wants gold. A lot of this is latent demand (by people who) wanted to buy but didn't jump in until now," he said.
Currie said demand is coming from European and American buyers more than anywhere else. Demand from those geographic regions is typical, he added. gold "gold bullion" "perth mint" perth "perth australia" australia "gold coins" kangaroo "australian kangaroo" stock supplies sales "gold bar" "silver bullion" figures 2013 trend trends trending news report bullion "u.s. mint" u.s. "united states" america american platinum asia asian europe trading "1oz gold" numismatic future retail china "spot price" premium apmex mint investment investing "gold etf" usd dollar currency bullbullionreport bull bear market silver eagle gold eagle gerald celente alex jones david icke lindsey williams agenda may 1 To keep up with demand, the Mint is running at full capacity to produce blanks and to have enough product on hand to sell the most popular items, Currie said, adding that they are considering suspending production of the "less popular" sizes, but didn't elaborate on which sizes.

Currie said they have supplies of all bullion products, but are running low on the one-ounce Lunar design coin.

"We're doing everything we can to keep up with demand," he said.

Gold & Silver Market Morning

Gold Today – Gold closed in New York at $1,467.30 in New York on Friday. In Asia it continued to rise back to $1,472level despite the closure of the Chinese markets. The Fix was set at $1,472.50 in London up $10 on Friday and in the euro at €1,125.506 up €2 while the euro was at €1: $1.3083. Ahead of New York’s opening it slipped slightly at $1,471.90 and in the euro at €1,125.35. Silver Today – Silver closed at $23.90 down 40 cents, in New York on Friday. Ahead of New York’s opening silver stood at $24.33.

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

Robert Kiyosaki : Money only magnifies who you really are

Robert Kiyosaki : The key to life is to be happy with or without money. Money only magnifies who you really are.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: A smart Investor make an Investment smart

Robert Kiyosaki ‏: Investments are not inherently smart or dumb. A smart investor make an investment smart.


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Being Debt free is Financial insanity

Robert Kiyosaki ‏: Being debt free is financial insanity. GOOD Debt is the key to wealth building.


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Buying Silver and Buying Gold, silver bars or mint coins

Here are some secrets to buying silver and buying gold. You have some choices such as 1000 oz silver bars, 400 oz gold bars, 100 oz, 10 oz or 1 oz silver and gold bars and my favorite 1 oz mint coins.

Gold & Silver Coins & Bars Global Shortage

By: GoldCore

Premiums for gold and silver bars have jumped higher all over the world. They have surged to multi-year highs in Asia. Reuters reports overnight that premiums are surging due to "strong demand from the physical market, which has led to a shortage in gold bars, coins, nuggets and other products."

Shortages of gold and particular silver coins and bars is not confined to the small coin and bar market and there are also supply issues in the larger bar market with kilo bars being increasingly difficult to secure.

Swiss refineries are struggling to meet global demand for refined gold bars. They have been cleared out of their stock of kilo gold bars – the preferred form of gold bullion amongst many store of wealth, affluent buyers in Europe and Asia. Buyers have been told that they will have to wait until late May prior to receiving delivery on paid for product.

Shortages are most prevalent in the silver coin and bar market where premiums have surged.

Silver coins and bars can now not be bought from the largest bullion dealers in the U.S. who have been cleared out of stock in recent days. Unlike after Lehman Brothers where there were shortages and delays of 3 to 4 weeks, there is no guidance being given as to when certain gold and silver coins and bars will be available again.

more at  : http://www.marketoracle.co.uk/Article40189.html

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

Robert Kiyosaki ‏: Money can make you Poor not Rich

Robert Kiyosaki ‏: Many people believe that it’s money that makes you rich. The reality is that money can, and often does, make people poor.


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: In the world of money and investing, you must learn to control your emotions

Robert Kiyosaki ‏: In the world of money and investing, you must learn to control your emotions. High emotions equal low intelligence.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Rich isn’t the goal, happiness is. Rich is just a shortcut to getting your happiness.

Robert Kiyosaki ‏: I write constantly about getting rich. Rich isn’t the goal, happiness is. Rich is just a shortcut to getting your happiness.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Teachers tell you 'Go to school and get a job

Robert Kiyosaki ‏: Teachers tell you 'Go to school and get a job', even though there are no more jobs.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: If you want to be rich, do not allow yourself the luxury of excuses.

Robert Kiyosaki ‏: If you want to be rich, do not allow yourself the luxury of excuses.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: If you don't learn something when you win, you lose

Robert Kiyosaki ‏: If you don't learn something when you win, you lose.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Gerald Celente ~ Coast To Coast AM - April 26 2013 Trends Research Feat

Coast To Coast AM - April 26 2013 Trends Research Feat. Gerald Celente
John B. Wells was joined by trends analyst Gerald Celente for a discussion on politically hot issues and what he sees on the horizon for the United States. Open Lines followed in the final hour.

Date:	04-26-13
Host:	John B. Wells
Guests:	Gerald Celente

John B. Wells was joined by trends analyst Gerald Celente for a discussion on politically hot issues and what he sees on the horizon for the United States. Regarding immigration, he identified the National Association of Manufacturers as the force behind the pro-immigration movement. According to Celente, the influx of undocumented immigrants and their exploitation by manufacturers, like Microsoft, has driven down wages in that sector of the economy. He corrected those who believe the economy was ruined by capitalism run amuck, instead blaming the fascistic mentality of 'to big to fail' which allowed the state to bail out private financial institutions and corporations.
In light of the Boston Marathon tragedy, Celente reported on a disturbing trend he sees as parts of the country become battlefields (in the war on terror) where military control replaces civilian rule. The National Defense Authorization Act has effectively stripped Americans of their 5th and 6th Amendment rights, he explained, noting how police conducted warrantless door-to-door searches, trains were stopped, and airspace closed down after the bombing. "When one kid loses his mind we all suffer for it... we lose our constitutional rights," he said. Celente wondered what would have happened had it been a dirty bomb or biological warfare, decrying the government's trend to suspend citizens rights for national security and the media's complicity in this loss of rights.
Celente forecasted a continued rise in the price of gold spurred by increasing international demand and disclosed that he is a personal investor in the precious metal because of the debasement of U.S. currency. Commenting further on the economy, Celente noted how record low interest rates and pumping money into the system have had little effect. "There's no getting out of this economic downturn... everything they have done has failed," he stated. Celente also shared a story about politician John Connally, former Governor of Texas and Secretary of the Treasury under President Richard M. Nixon, who told him that if he and the American people really knew what was going on behind the scenes, there would be a revolution.
Open Lines followed in the final hour.

How to Buy Silver Bullion from a Local Coin Shop

Today. a few friends and I went to my local Silver Coin Bullion Shop in Southern California and traded in our paper dollar bills into real money which is Silver.

We asked a Few questions to Tracey from Covina Coin and Jeweler, who have been in business for over 20 years.

She was very knowledgeable about Silver, the Economy, and even what's going on with the Manipulation of Silver Prices

Remember that if you want to go out and invest in Silver, make sure to do your research about the person or business that you are buying from. As a matter of fact, shop around your local area to find the best rates for both buying silver and selling silver.

Don't just go down to a random pawn shop, because they more than likely will rip you off, especially if they sense that you don't know too much about what's going on with silver. Many of them sell you silver for much higher than what the spot silver price is currently costing in the market place. At the same time, when you go and sell your silver at those spots, you can get a lesser dollar value than what the market will actually give you for your silver ounces.

I trust Covina Coin and Jeweler because they always give me the best silver rates compared to other places around my area.

As Always, Keep Stacking that Silver!

Invest Wisely!

Worldwide Silver Shortage Pushes Premiums On Silver Eagle Coins to 40%

By: Jason_Hamlin

COMEX silver prices once again dipped below $23 today. My previous article entitled Ignore COMEX Pricing – Silver Eagles Sold Out at Dealers, $33 on Ebay detailed just how divorced from reality the COMEX price has become. So with another dip today, I decided to try to get my hands on some more silver coins. I realized before I picked up the phone that it would be difficult, but I have a few dealers in Colorado and California that have consistently been able to find supply at reasonable premiums.

Not anymore. The first phone call that I made was to one of the largest bullion dealers in Southern California, where I have bought a good deal of my physical gold and silver over the past decade. In fact, I had just bought several rolls of silver eagle coins from them last month at around $2.65 over spot price per ounce. I also purchased some for a family member back in January and paid the same premium.

In the past when some analysts were talking about a supply shortage and rising premiums, I was always able to find supply from this particular shop with a reasonable premium that was never more than 10% over the spot price. But today I was told that I could only order for future delivery at some point in late May or June and that the premium was $5 over the spot price.

http://www.marketoracle.co.uk/Article40116.html


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

I buy a goose that lays golden eggs over and over again. That’s what an asset is

Robert Kiyosaki ‏: Most people put money in their piggy bank. I buy a goose that lays golden eggs over and over again. That’s what an asset is.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Expertsare often educated by books, but not educated through experience

Robert Kiyosaki ‏: Be careful, “Experts” are often educated by books, but not educated through experience.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Most of the people I respect dropped out of school

Robert Kiyosaki ‏: Most of the people I respect dropped out of school. Then they chose what they wanted to learn.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Use your extra Money to make more extra Money

Robert Kiyosaki: The key is to use your extra money to make more extra money. That's the financially intelligent thing to do

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki : Financial Freedom is a mental, emotional and educational process.

Robert Kiyosaki : Financial freedom is a mental, emotional and educational process.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

The Great Silver Price Myth - Whats Silver Really Worth?

When considering whether silver is a good investment for the future, you might want to take a closer look at the current above ground supply of silver.

A reasonable estimate is that roughly 1 billion ounces of silver currently exists above ground in investment grade form.

This does not include the ounces of silver that need to assayed, melted, and recovered from what little silver is left in jewelry, silverware or sequestered away in electronics.

But at least it's something.

Silver Derivatives and JP Morgan Chase's Recent $2 Billion Loss

A classic example of the risks involved in derivative products that have no readily visible asset underlying them, such as synthetic credit and debt instruments, is the recent $2 billion loss announced by J.P. Morgan Chase.

When it comes to silver paper derivatives like futures and options, at least a real and visibly traded physical commodity underlies and determines the value of the paper trading vehicles.

Nevertheless, the markets in these silver derivatives can be manipulated due to the lack of a requirement by futures exchanges for both the buyer and the seller to actually deliver the physical metal into a futures contract.

Since only the seller typically has the right to instigate delivery into a futures contract, this means that silver futures sellers can have no physical to sell and yet still sell a silver futures contract.

As a result, these silver derivatives have become the tails that continue to wag the dog. They can and have been used to artificially keep physical silver prices low.

Paper Ounces Versus Physical Silver

Given the opportunity for manipulation of the silver market using derivatives, one might ask how many ounces of paper silver trade versus the number of ounces of the actual metal, as well as how many claims to each physical ounce of silver exist?

One well-informed source, Jeffrey Chrisitian of CPM Group, admitted that there are as many as 100 claims for every ounce of physical silver.

This indicates a real problem with considering the physical silver supply ample at only 1 billion ounces of above ground investment grade silver, when owners may hold claims to as much as 100 billion ounces.

Silver Update 20-4-13 Silver Shortage BrotherJohnF

An update from BrotherjohnF regarding the recent drop in metals pricing and shortages. He is very experienced with the markets and delivers his points clearly without much hyperbole.
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

Robert Kiyosaki : If you don't give people rules they make up their own.

Robert Kiyosaki : If you don't give people rules they make up their own.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: If you don't learn something when you win, you lose.

Robert Kiyosaki ‏: If you don't learn something when you win, you lose.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki : Every time I have been arrogant, I have lost money

Robert Kiyosaki : Every time I have been arrogant, I have lost money.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.