Sunday, January 16, 2011

Lindsey Williams : Silver to reach $50 an ounce before February the 1st 2011

Lindsey Williams : Silver $50 an ounce before February the 1st 2011 , record sales last months of paper silver , the shortage of silver is real ....Gold / Silver is going to skyrocket not necessarily because Gold/Silver is going up in price but because the US dollar is going down in price and it takes more dollars to buy the same amount of gold Silver...



On this Sunday edition of the Alex Jones Show, Alex talks with longtime Alaska oil reserves expert Lindsey Williams, author of The Energy Non-Crisis. In December, Williams told Jones he'd learned recently from two of this longtime friends, both retired top executives of major oil producers, that the price of crude oil is slated to move to $150-200 per barrel soon. Alex also talks about the Stuxnet malware revelations, confronts the latest news, and takes you calls.
Slv is paper and manipulated. Its hard to feel confident when there is so much corruption...but sure, silver is backing down and filling right now, but by this summer I bet it will be 35/oz...(I think) Slv is nearly all unbacked paper- wouldnt go near it since JPM is the custodian. My guess is a short squeeze/devaluing currencies will force physical up for a couple of years. For me, I just dont have confidence in any currency right now...Where else would you stash your wealth?

The difference between .9999 Gold and .999 Gold bar


An ingot is simply a bar of gold; it may have some standard specification as to size or weight, a .9999 is refined gold (highly refined---that means very little impurities like silver, iron and copper are in the total mix)...it's really pure, only a few mints in the world make such Gold bullion/bars with that purity. (Canada is one of them : The Royal Canadian Mint's Gold Maple Leaf coins are among the world's premier purest gold bullion on the market ) I have never heard of 999.9 purity gold. If you see it on the bar itself, it may mean something completely different. Check with the bank that issued the bar/ingot with that number and find out what it really means...or go to a reputable gold/silver dealer and that person should be able to tell you what it means. Ingots are large bars of metal. They usually weigh (based on the type of metal) quite a bit and are usually much larger than a smaller bar. Sizes vary from bank to bank.....but ingots can be as small as six by 3 by 4 inches in volume...and they can get larger. Reference: I own some silver ingot bars from the Swiss bank...they show .999 pure silver...their gold bars are stamped the same way.....plus I own quite a few gold / silver / platinum American Eagle coins....
http://answers.yahoo.com/question/?qid=20070402194616AAkS7ty

G Edward Griffin on The Financial Sense NewsHour 15 Jan 2011

G. Edward Griffin on Secret Fed Bailouts in the Credit Crisis
Jim Puplava  of  the Financial Sense Newshour welcomes G. Edward Griffin  . The theme of this interview is “what you didn’t know about the credit crisis”. Mr. Griffin discusses the secret bailouts between certain banks and the Fed in the recently updated edition of his book on the Federal Reserve, The Creature from Jekyll Island.

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