jens ^j^

3 Comments

    • ON: Wed Jun 11th 13:36 PM
      Commented on:
      Keeping Metals In May, Not Going Away
      Gold and Silver are historically monetary. 95 % of all the Gold ever mined is still on the face of the earth. 95% of all the Silver ever mined is gone, used in ever increasing ways. Silver is more rare than Gold. There is no shortage of Gold. Silver delivery delays indicate a shortage. The largest concentration of shorts of any commodity is in Silver. A fortune in Gold will fit into a briefcase. A fortune in Silver is not going quikly out the door in a breifcase, you need a truck. Most importantly remember Jesus was sold for 30 pieces of Silver not 2 or 3 pieces of Gold. Gee the ratio has changed, I wonder when it will reflect the reality that Silver is a monetary metal an industrial metal. Maybe after the shorts get cornered with no way out? Take it Home then you know it's yours not just a paper promise.
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    • ON: Fri May 9th 11:08 AM
      Commented on:
      Currency, Precious Metal and Futures ETFs: Don't Get Caught in the Tax Trap
      Numistic Bullion is only too easy to Black Market and with the way the Scounrels are playing (taxing) us would be the best way to go. In Denmark (possibly like most of Europe) the Black Market is alive and well. So if you trade your "coins" for services/purchases that would be Bartering, and if taxable would be very difficult to police. Take your bullion home, that way you don't find out later that your piece of paper is only a piece ofexpensive worthless paper.
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    • ON: Thu Apr 3rd 12:57 PM
      Commented on:
      Expecting Silver to Lead Gold on Both the Upside and the Downside
      Your article is very compelleing and believable. If paper Silver does go down to the levels indicated real silver, if available, will be a bargain. The recession/depression will curb mining activity in most mineral classes, silver is for the most part, a by-product of those other mining activiies. Because it is consumed at a higher rate vs production than the other metals Silver will continue to be in short supply. As evidence we only need concider the billions of ounces which were once National Reserves and have been industrially consumed; reserves which are virtually gone today.
      Do the ETF's trading in Silver have all that they should in storage or are the regulations such that they also buy paper which can never be completely converted to Bullion. If it is required that a 500,000 ounce order is required to "cash in" and recieve real Silver from an ETF it sounds more like a good way to collect Silver for the big boys but the little guy loses out; again.
      The fact that the US dollar is rallying bodes ill for the poorest on the planet, especialy if they do not trade with the US. They must find US dollars to pay for trade, especially in oil. This is the key to Saddam's WMD, trading his oil for Euros was a Weapon of Monetary Destruction. Iran is also flirting with a WMD by trading oil in Euros.
      As for the value of the US dollar; is this not the end of the first quarter, a time for settlement, and the US dollar is given additional value for all the large holders and their treasuries, if somewhere someone is forced to overpay, thus overvaluing those dollars held by others.
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