Saturday, April 16, 2011

Silver in the hands of the people

Silver in the hands of the people Silver as Money : Summary of the lecture given by Hugo



Salinas-Price President of the Mexican Civic Association for Silver in January 2011," How to monetize silver so that it can circulate permanently in parallel with paper and digital money" the last bubble is world's currencies , all currencies in the world are fiat currencies and they are all derivatives of the dollar , which is itself nothing but a piece of paper ,The silver coins will outlast any central bank

The first conditions to menetize one ounce coin silver are :
The coin shall not bear an engraved monetary value.
The Treasury will attribute a quote, a monetary value in pounds to the ounce.
The quote will serve the same function as an engraved value.
when the coin has an engraved value it's condemned to go out of circulation
The last monetary quote given to the ounce by the issuer must not be reducible.
Just as is the condition of present British pound coins and bank notes.
If the quote is allowed to fluctuate in value downward, according to the price of silver, then the ounce will not be currency: it will continue existing as a commodity
Silver money will remain permanently in circulation and will never be at risk of disappearing due to a collapse of the banking system.

JP Morgan is an arm of the FED ?

JP Morgan is an arm of the FED says Daryl Bradford Smith of the French Connection : I guarantee by September of this year you won't recognize America or Europe things are going to get desperate because this financial nightmare is just exploding now , one of the things that's gong to happen and this is in the banking industry which is their crime wave , The price of Silver has reached over forty and I know when silver goes over fifty JP Morgan will owe over 600 billion in short position , but guess what they have been doing clandestinely and this is why I know that JP Morgan is an arm of the FED that they are the FED , everybody thinks that JP Morgan is a private consortium , it is as private as the FED is private they are all owned by criminals , these criminals work together and the simple fact is their short position trying to hold silver in check is going to explode on them and there is nothing they can do about that explosion , in the last 3 or 4 weeks they have been net buyers of silver , JP Morgan was trying to buy its way out of this rising silver prices , when it gets over 50 they'll walk away from these short positions ...

Friday, April 15, 2011

Silver more rare than Gold

Silver more rare than Gold , and one day will become more expenssive than Gold



Silver will continue to close the gap from the actual 38/1 to the gold which means it takes 38 ounces of silver to buy one ounce of gold , historically that was 10 , 12 to one ratio so there is more for silver to go to catch up with the historic ratio to gold , but one day just like palladium used to be more woth platinum , silver will be more worthj than gold simply it is more rare ...right now we have less silver above ground far less than gold , silver is being used up faster than it is being mined matter of fact every year since 1991 we have been using (burning up) more silver than we have been mining out of the earth , today we have 7 billion ounces of gold above ground and yet we have only around 1 billion oiunces of Silver above ground some estimates as low as 600 million ounces of silver above ground ...so silver is more rare than gold and yet it takes 38 ounces of silver to buy 1 ounce of gold
DAILY NEWS ON BOOZE