Every $20 Billion in new money will move the price of silver $144 higher. JP Morgan is in deep, deep trouble.This video provides the empirical logic for why we must "BUY SILVER!" Well, $500 silver will come after we get to $175
Of the $600-$1,000 Trillion Dollars in derivatives globally and that's a T as in Trillions what percentage would have to be converted to silver to bring the price to $1,000. per troy oz.? $140 Billion in new money pouring into physical silver gets us to $1,000/ounce (and that's not even counting the impact of the unraveling 100 to 1 paper fraud out there) I'm just counting new, honest money like Sprott's PSLV was.The dollar hasn't even bothered to get up off the mat lately. It's hard to look at the oil price and food prices and add the silver shortage on top and think of a scenario where it doesn't all come undone in the next few months. Just about time for another war. Are we ready for WWIII? If one of the middle eastern countries attempt to abandon the dollar for oil trades, it would be the first shot.
So many things about to kill the $, silver will do it for sure in the near future.
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Friday, March 4, 2011
Silver Signals Hyperinflation & End of Petro Dollar
03/04/2011 Silver is signaling hyperinflationary expectations and the end of the current Petro Dollar system implemented between 1971 and 1973.
Some people make a big deal about gold prices up. Spot prices tonight show gold @ $1,428.50 up from $1,133.60 one year ago. Silver tonight, $35.44, one year ago, $17.20. It's a test to see if your paying attention ;)i'm afraid they're going to close off downtown washington, dc one night and our lie filled hatful media shows us some old clips of sporting events and say there is a revolution taking down obama and friends, and we wake up to a much more cruel "dictator".
Some people make a big deal about gold prices up. Spot prices tonight show gold @ $1,428.50 up from $1,133.60 one year ago. Silver tonight, $35.44, one year ago, $17.20. It's a test to see if your paying attention ;)i'm afraid they're going to close off downtown washington, dc one night and our lie filled hatful media shows us some old clips of sporting events and say there is a revolution taking down obama and friends, and we wake up to a much more cruel "dictator".
The Case for Equities
As the economy moves from recovery to expansion, equities may play a key role in portfolio diversification.
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