Yesterday , I bit the bullet and bough 300 shares more of SLV.......... No more shorting ........... I am not a believer in paper silver and I have used this big sell of to double my total physical holdings. So, I doubled my paper via SLV........ Our entire group decided to double up and were going to sit tight.
When I turned on CNBC.com this morning there banner article was China;s gold imports soar !!!!!!!!!
Even though gold is at a high in Euros their buying more ! I have watched China since I was in college in the early 80s........... I almost never read or hear something I didn't know...........
The US ponzi scheme is coming to an end despite what you hear by all the bullshitologists. Add there is a major up an coming trouble in my real home. Israel.....
Things are going to get as ugly as they were back during the great wars and seeing what China is doing an major countries like Pakistan an Russia an India making alliances. I see China's asset base strong enough to take the hit of the US dollar collapse...... They are buying so much gold ! The Gov. not just their citizens.
They have been selling billions worth of Treasuries each month at a huge profit ! This seems to be missed by all. Yes we all see them selling ,but, no one is saying how well they did . The US bonds are at highs an their smart traders,
Add the fact that many countries are buying gold ; there all getting ready for a major event. The only thing it could possibly be is the IMF being forced to go to the much planned SDR basket. I don't think Sec Geitner can suck up enough to save the world as he an the US knows it.
So, I am now all in with silver because 90% of all my stocks were all sold for a beautiful acre on the beach in Panama. I have most of my cash in Costa Rican banks yielding 13 to 16% . The collapse of the US dollar will not affect me and our group that much.
Bless all of you on this site and may your investment be safe.........I say this with pain ,but, my country has been run by criminals for decades and you can't fool the world forever.
Gold an silver are the only real money and if things I worry about do come true there will be many Gov.s recalling the gold..... Like before !
The next few months i'll be placing 40 foot containers on my property an making a safe strong home . I'll have quads gassed an ready for a quick shot to higher ground............So, I can't sit an play the traders game anymore and the paper SLV an ZSL made me enough to do it all...............
bueno suerte y shalom, golfitobob
SLV & silver an gold
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