pseydocyst

Silver vs. Gold: 2004 to Today

The current physical shortage of silver is real. I wouldn't buy any of those futures contracts in silver. They have way too much paper to manipulate and rig the prices of silver and gold. They want to drive the prices down, to create the perception that these "commodities" are not worth as much as stocks, and to drive more and more people to be owning stocks.

Real money is in physical gold and silver. Not some pieces of paper promises that Wallstreet pumps out to make themselves rich.

Soon the truth will comeout, the emperor has no clothes. People will wake up to this.

Get Out of Commodities - Barron's

yeah, get out of physical gold and silver
and buy financials and their toxic waste paper.
what great advice

Looks Like There's a Silver Shortage

I live in LA, and recently was able to buy 2000 oz.
in 10 oz bars from CNI about month ago. There was absolutely no problems, I wired the money and got my metals almost the next day.
I was surprised to find that they are not selling silver at this time except the 90% bags. The same is true of some other big dealers around the area.

Something is very fishy here. Time to buy silver with both hands. Don't sell.

Where are Precious Metals Headed in 2008?

people talk about gold going up. The truth is that the dollar is going down.

The dollar is going down due to massive inflation.

There is a huge amount of counterfeit dollar bills out there. Pretty soon people will not be taking dollars anymore.

Silver: The Last Great Thing - For Now

Less than 1% per year cost to store 3.5 billion worth of silver?
You have any evidence to back this up? Or are you just guessing?

Silver: The Last Great Thing - For Now

it always amazes me how yearly production
ratios of silver to gold keeps declining, currently
about 7, and historically it's been around 14-15.
Yet silver is still 50 times cheaper than gold. There's definitely something wrong with this
picture.

I'd definitely trade in my fiat dollars for silver
@ this point.

However I do not believe ETFs are the way to
go. It's best to take physically delivery. That way
you control the silver. To buy ETFs means giving
your money over to an entity which may or may not hold the silver. It's basically an unallocated pool account. IF these SLV truly have the silver they would have quite substantial storage fees. Yet SLV or GLD charge a fraction of 1% in fund fees, and the spread is very low. This obviously doesn't make sense. That's why I believe these ETFs should be completely avoided, and the smart money knows this.