Glad to see another person has a pretty good grasp of whats going on and what can and will eventually lead to.... Good job... Keep spreading the word... My belief is the more people that are prepare can quit possibly lead to a less of an impact when the system does eventually fail...
And as for the first poster .. Spot on...
Yeah Skarry I can't believe people will fall for this #$%$... Im done as far as slowing my purchasing ... Im going to leave myself some cash but I think now its time to go heavier into all metals. Gold and silver.
Also goldi silver is at a low in comparison to the dow!
The dow will sell off and gold and silver will rise!
If not for the historically high shorts added during this up tic in metals they would have been much higher than they are now by many dollars!
Now we have record shorts and no way to cover without huge losses!
I said this months ago that there was no way for them to cover without losses now they have dug their graves!
Oh the Pain boss the Pain:)
This year Silver stackers took out about 240 million Ounces of silver... Depending on what article you read of coarse. But lets look at that number . 240 Million ounces ... So lets say for laughs there is 1 million stackers. Thats only 240 ounces to each stacker... 240 x 18 = 4320 dollars for the year or 83 bucks a week... In honesty I highly doubt that there is 1 million stackers but you can see that easily this can be achieved and would cause massive trouble for the silver market. Now lets think about this... What if or when the silver stackers numbers double in size ? And what if the doubling in size brings the same type of stackers in the game ? Meaning If the stackers today are say only 500,000 in numbers and we were to double in size to one million thats each of us only taking out 1 monster box per year to take out 500 MILLION OUNCES per year... You starting to realize whats coming yet ? Be thankful that right now you can buy silver for SOOO CHEAP because when our numbers Really take off things are going to change rather quickly.
PS. 44 million ounces of silver eagles sold only represents 88,000 Monster boxes... This should give you an Idea of how many stackers there really are.... And how many stackers like myself take out dozens of monster boxes per year ?
It all started with Obama being handed a nightmare with Mortgage loans and unsecured debt that the collateral did not hold up to amount borrowed.
Too try to rebuild the mess they created the QE - Printing Presses running full tilt 24/7 I'm surprised they didn't run Sat. and Sun. too - Now a whole new issue is at hand and they don't dare increase the interest nor cut the printing - election year they don't want the major job loss - So America and the rest of the world is on the verge of collapse economical and spiraling into some more chaos with wars / unrest.
Added to this - I'm hearing about rumbles in several sectors of food production and growing weather related issue like drought / unfavorable conditions /etc. this could add to a very major world crisis.
Holding my gold and silver and adding as I can on Dips...GLTA - what ever you believe and plan - but a plan is needed today for tomorrow and by far I am not some survivalist fear monger that is worried , but I do have a back up electric generator and 3/6 months supply of food in cans / beans / etc. and loaded up of other things that deter the uninvited - ?
Never know in todays society what could come next - look at Katrina / tornadoes / snow storms etc. even if it is just for a week or two - it is surprising how many could not make it with out asking the government for a hand out and help. Water and a little food and electric / warmth can be very important - look at cyber sabotage in the grids of gas / oil / elec. Hackers are everywhere and country sponsored. ??? Always good to be safe then sorry and find out it is too late to load up.
Speaking of bonds I didn't know they were offering tax free bonds on the money you make from them?
Talk about a dead giveaway!
They need you to buy them so we will make them tax free so we get more people into them!
Wow I about fell out of my chair!
Europe gets it as they are now letting their citizens buy gold and silver with no taxes added!
A first as they want their citizens to stock up on the metals!
Is it to late for them already?
Our government don't want us to buy them!
And all that you listed is just the tip of what will cause silver and gold to run HARD... You get it and many more people are getting it to.... Continue spreading the word before it is to late to get any supplies... Most people will run to Silver because its much cheaper and easier for most people to afford... This will kill supplies because they are already in such high demand and very low stock... Events seem to be unfolding faster then ever ... Im guessing the big Wigs who are really in charge are trying to figure out the next part of the script to let play out the way they hope or want it to unfold.... Lets see , Will it be WAR ? Will it be News Media yelling about Deflation ? Will it be another country spitting out talks of Q E ? Or will the world wake the Frock up and see that the world Debt level is about to EXPLODE ? Or maybe Bonds to go under since nobody is buying them.. Or the derivative markets ? Take your pick people ... All of them will cause Silver to go up ... Hope more people realize this and start getting out of paper game / SCAM and into real monies ... I don't see this lasting more then a few more years now...
printing money out of thin air is just criminal...Yellen, Draghi, Abe, Ben, Greenspam, should all be jailed immediately and the bigger criminals that made them do it and benefited from it should be jailed immediately too.
the CME sharks always seem to be few steps ahead of everybody. When they introduced the circuit breakers few weeks ago that was definitely a sign of things to come. I just wished I had more silver in the bank...
It is all a perfect storm!
High dollar means less of our goods sold around the world as they are to expensive!
Less taxes collected because of it and less jobs because of the inventory that is building because of it!
Cheaper oil means more will be consumed because of the summer driving season!
You have a firm grip on reality that's for sure:)
i could be totally wrong, but i don't think silver will stay below $20 for much longer....and that will suck, because now we will have to pay more for the same amount :-(
This should give gold and silver big boost. After the Fed does nothing this week, we are off to the races until at least end of Feb.
2:00 pm EST - Greece's anti-austerity leftist party Syriza is on course to win Sunday's snap election by a large margin over Prime Minister Antonis Samaras' conservatives, a joint exit poll showed. - (will they now leave the EURO?)
Just keep Printing Paper $Money with no value - this oil BS / the state of unrest in the world - / terrorist everywhere / ISIS crisis / Syria crisis / Libya crisis - Foreign Banks / Russia / Ukraine crisis / Venezuela Gov. crisis / Yemen Crisis /- China slow down.
GOLD / SILVER will be King Again - For Sure.....Little more time double my position in Gold and adding Silver and G Mining soon on any dip.
Will Buy oil stocks late spring as driving etc. picks up.
The short contracts are at a never b4 seen high!
The record high says along with price appreciation that this goes much higher in the long term!
There is no possible way for them all to be covered without a huge upside!
I have said this for months!
It will unfold in the next few months!
Also do your own dd but also watch the mine closures and the silver deficit numbers!Those 2 things are most important going forward!