Decline of the U.S. Dollar: Asian Initiative to Create Commodity Based Currency? [View article]
If the U.S. congress or we the "citizens" understood our monatary system as in how it really works then our national debt problem could be solved in less than 5 years. Inflation, that would be a thing of the past. The only way inflation can exsist is in a money-debt system. In a credit-money system it is impossible to have inflation.
New government-regulated "silver shots" move in line with silver prices. However, because of their unique composition, "silver shots" move exponentially higher than silver itself.
This means even a small move in silver prices generates explosive appreciation in "silver shots." Take a look at the chart below comparing silver bullion gains to "silver shot" appreciation:
Silver Shot Series A-2009: 900% in 1 day on a 5% move in silver bullion
Silver Shot Series B-2009: 350% in 3 days on a 3% move in silver bullion
Silver Shot Series C-2009: 125% in 4 days on a 6% move in silver bullion
Silver Shot Series D-2009: 200% in 3 days on a 7% move in silver bullion
Silver Shot Series E-2009: 325% in 1 month on a 37% move in silver bullion
Silver Shot Series F-2009: 240% in 1 month on a 21% move in silver bullion
Silver Shot Series G-2009: 236% in 1 month on a 36% move in silver bullion
I hope you are not right but there is some evidence to what you are saying. However I do hope and pray that our savior comes for us before it gets that bad.
WOW I can't believe no one has mentioned First Majestic FR (TSX). I loaded up on these folks last year and added somemore just recently. They are currently sitting on 300 mil ounces in reserves. They expect 5.5 - 5.9 mil ounces for 2009. There cost per ounce is right at $5.00. They have even started stamping thier own coins and selling them retail. Most of their concentration is in Mexico. I would like to own 2 silver investments ( no ETF ) and thats it.
I do however have a question. Does anyone know what the $1 "silver shots series A, B, C" are? They are suppose to be some kind of new silver investment that are tightly regulated by the U.S. Gov. Any help on this question would be greatly appreciated.
Stay Clear of Traditional Asset Classes [View article]
I think your article is great Mike. I just don't think it went far enough as too how ugly it most likely will get. I am not defending Bernake at all but he inherited a corrupt and blantantly " I don't give a crap about ethics and morals I just wanna have all the power" economy and goverment. To the person who stated an Armageddon style forcast by Mike, well, I can assure you that Mikes scenario as bleak as it is is not even a fraction of how bad it will be when this world gets close to tribulation times. I too beleive that we need to go ahead and feel that pain now. Let those that are partly responsible for this mess to loose their shorts so that we can start rebuilding. Ultimatley though you and I are responsible for the corrupt goverment and the power elite with no morals or ethics. Even us investors don't want to know how the money flows to our investments we just want our share too. I know I'm gonna catch alot of flack for this post...thats ok. I was once greedy and didn't care bout no morals either :)
Who's to Blame for the Commodities Boom? [View article]
I do not understand alot about investments. I have a question as to why there is short selling to begin with? I'm sure wall street is the culprit who started it as another way to make $$$. My question is why not do away with betting (speculating) on a particular fund/stock/commodity going down? Yes if something goes up yes it will come down also but why try to bet on where and how much. To me it does sound like gambling....just another way to make a dollar.
Who's to Blame for the Commodities Boom? [View article]
LOL We will all see very soon that the world goverments will step in and consolidate supply and demand rates. In other words they will set caps per country on how much of supply you get for a yearly basis. Of course this will not work....thats when things get very interesting.
Decline of the U.S. Dollar: Asian Initiative to Create Commodity Based Currency? [View article]
The only way inflation can exsist is in a money-debt system. In a credit-money system it is impossible to have inflation.
The Rise of the Silver Surfer [View article]
The Rise of the Silver Surfer [View article]
New government-regulated "silver shots" move in line with silver prices. However, because of their unique composition, "silver shots" move exponentially higher than silver itself.
This means even a small move in silver prices generates explosive appreciation in "silver shots." Take a look at the chart below comparing silver bullion gains to "silver shot" appreciation:
Silver Shot Series A-2009: 900% in 1 day on a 5% move in silver bullion
Silver Shot Series B-2009: 350% in 3 days on a 3% move in silver bullion
Silver Shot Series C-2009: 125% in 4 days on a 6% move in silver bullion
Silver Shot Series D-2009: 200% in 3 days on a 7% move in silver bullion
Silver Shot Series E-2009: 325% in 1 month on a 37% move in silver bullion
Silver Shot Series F-2009: 240% in 1 month on a 21% move in silver bullion
Silver Shot Series G-2009: 236% in 1 month on a 36% move in silver bullion
Source: The Wall Street Journal/MarketWatch
The Rise of the Silver Surfer [View article]
I hope you are not right but there is some evidence to what you are saying. However I do hope and pray that our savior comes for us before it gets that bad.
The Rise of the Silver Surfer [View article]
I loaded up on these folks last year and added somemore just recently. They are currently sitting on 300 mil ounces in reserves. They expect 5.5 - 5.9 mil ounces for 2009. There cost per ounce is right at $5.00. They have even started stamping thier own coins and selling them retail. Most of their concentration is in Mexico.
I would like to own 2 silver investments ( no ETF ) and thats it.
I do however have a question. Does anyone know what the $1 "silver shots series A, B, C" are? They are suppose to be some kind of new silver investment that are tightly regulated by the U.S. Gov.
Any help on this question would be greatly appreciated.
Stay Clear of Traditional Asset Classes [View article]
To the person who stated an Armageddon style forcast by Mike, well, I can assure you that Mikes scenario as bleak as it is is not even a fraction of how bad it will be when this world gets close to tribulation times.
I too beleive that we need to go ahead and feel that pain now. Let those that are partly responsible for this mess to loose their shorts so that we can start rebuilding.
Ultimatley though you and I are responsible for the corrupt goverment and the power elite with no morals or ethics. Even us investors don't want to know how the money flows to our investments we just want our share too.
I know I'm gonna catch alot of flack for this post...thats ok. I was once greedy and didn't care bout no morals either :)
Who's to Blame for the Commodities Boom? [View article]
I'm sure wall street is the culprit who started it as another way to make $$$. My question is why not do away with betting (speculating) on a particular fund/stock/commodity going down? Yes if something goes up yes it will come down also but why try to bet on where and how much. To me it does sound like gambling....just another way to make a dollar.
Who's to Blame for the Commodities Boom? [View article]
We will all see very soon that the world goverments will step in and consolidate supply and demand rates. In other words they will set caps per country on how much of supply you get for a yearly basis.
Of course this will not work....thats when things get very interesting.