Monday, May 23, 2011

David Morgan the 16:1 gold to silver ratio is wrong !

David Morgan from the Morgan Report talks about the 16:1 gold to silver ratio on Financial Sense Newshour May/20/2011 : David Morgan says that the 16 to 1 and the 15 to one silver to gold ratio that many analyst talk about is in fact the monetary ratio that was when both silver and gold were both money it was dictated when both silver and gold were accepted as money , you can trade 1 ounce of gold for 16 ounces of silver for example , but the natural ratio in the crust of the earth from as far as we know in all recorded history there are 42 billion ounces that were brought out of the earth in all of recorded history and regarding gold it is around 7 billion ounces regarding whose study you take so the real ratio is actually 6 that's the natural ratio says David Morgan I'd like to add to what Dave Morgan says in this interview that unlike Gold Silver is used up which means it is literally being burn just like oil and never recovered so the amount of silver in existence today is way lower than the amount of silver extracted , another factor is that 40% of silver extracted goes for the industry to never be recovered again a small portion of the silver production only goes for the investment sector in form of bullion , cause a lot of silver also goes to silverware etc..., unlike gold which production goes mostly to the making of gold ingots or jewelery , most of it is kept well stocked in banks vaults or personal safes




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

David Morgan : The Real Silver to Gold Ratio is 6 to 1

David Morgan - Financial Sense Newshour May/20/2011


David Morgan says that the 16 to 1 and the 15 to one silver to gold ratio that many analyst talk about is in fact the monetary ratio that was when both silver and gold were both money it was dictated when both silver and gold were accepted as money , you can trade 1 ounce of gold for 16 ounces of silver for example , but the natural ratio in the crust of the earth from as far as we know in all recorded history there are 42 billion ounces that were brought out of the earth in all of recorded history and regarding gold it is around 7 billion ounces regarding whose study you take so the real ratio is actually 6 that's the natural ratio says David Morgan





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Lakota Silver Rounds

Lakota Silver Rounds Nice coins , almost to beautiful to use as real money.silver coin is an alternative to the U.S. dollar that will hold its value ,I must be honest and say that I believe the "best" silver coins to for an American to buy, (who is looking to survive the coming economic collapse), is Silver Eagles. For practical reasons, (will be the most well-recognized and therefore easiest to trade), not numismatic or ethical reasons. There are also tax and other legal advantages. However, I must admit that those Lakotas are certainly beautiful.




Making 40% on silver is better than losing 90% when the dollar crashes. You don't have to buy silver, just "get out of dollars". Dollars are doomed to go to virtually worthless in the years ahead. Buy real stuff. If you "don't believe in silver", buy other real stuff. Some stuff will hold its value, some won't. Do research and think about what will be the most important things people may need in the future. They will want some of your stuff, not dollars. They will trade their stuff for yours.
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