Wednesday, August 15, 2012

How to Buy Silver For Less

Good idea with burying the silver. The only thing i would suggest with doing that is to know what and where utilities are in the area. Last thing you want to do is hit a fiber line, power line, or worse a high pressure gas line. If your lucky and have a big property and plenty of places to hide it. Call for a utility locate and tell them its for, lets say "landscaping". As always great videos and thank you time out of your day to make them! In my area a SHTF weapons stash buried in PVC tubes was discovered in Northern Virginia due to highway construction in the last year or so.Careful with burying off roadways especially in or around a ditch. Spring runoff or a torrential downpour could carry your stash away. Further, roadworks will occasionally redig ditches to improve waterflow (out here they call is laser ditching) or to remove dirt that has filled in the ditch. Better to go to your mile marker - then walk into the woods off of that marker and make your cache.

This Decade, Silver Will Be Worth More Than Gold

The world mines 700 M oz a year but we are using about 1 billion a year. The US government used to take up the slack but their current sock pile is zero. The USGS say we only have 20 billion oz left under ground in the world, twenty years left! Still the Federal Reserve and JP Morgan are manipulating the silver market down to prop up the dollar. This is selling future for here and now! When the SHTF there will be no recovering from it! I will keep stacking!

JP Morgan = Jamie Dimon "walks" with millions, laughing at the "asleep" citizens and a minor pink slip slap on his hands from Congress, just a week ago or so? Are you kidding me? Audit the Federal Reserve Bank, privately owned, it is not owned by the Federal Govt. "Federal" should not be in the name.....Bernanki.....give me a break.....JAIL and seize their millions in offshore banks hiding their money or GOLD Bars till they get out of the country club Federal Prison.......

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

Monday, August 13, 2012

Gold & Silver Market still in stagnation for the summer holidays

Gold and Silver Market still in stagnation for the summer holidays not much happening until the labor day says Peter Hug . Gold is a precious metal that has been held as valuable for thousands of years. Gold was once used as money for trade. The more gold you had the richer you were. It never has in known history lost 100% of its value. The only problem with gold is that it is not readily negotiable. If there is a famine, who will take your gold in trade for food? Not many would if they and you are hungry. A barrel of wheat of might cost you a pound of gold. See the relationship. Value only if time is right.Gold had a correction in 08 but it only lasted for a couple of months and then started to climb back up again. The correction only hurt the people who panicked and sold at that time.Silver is part precious metal, and part industrial metal. So it's 50:50. Unlike gold which is 100% precious metal. Since silver is partly industrial metal, its demand will also depend on the industry. In addition, no central bank buy silver, except gold. Silver may go up during hyperinflation but so will other metals. But I recommend gold because it is pure money. I just hear the is 800 million oz silver for sale and only out of that is 300 million oz for sale as an investment i guess we just need 1 million people to buy 300oz a year to wipe that out we need 1 million people to invest in 300oz silver each year for few years to wipe out silver of the earth there is around 8 years silver left it should be extinct around 2021 unless silver prices go up from $27 to atleast $1000 an oz then they can start recycle the used up silver
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