iShares Silver Trust Message Board

First off let me address how much does it cost to produce silver. Lets face it. The numbers are and will always be Skewed because of " BY PRODUCT " Valuation. Second is each mining operation would of coarse have different mining costs and problems that goes along with the cost to mine so the best you can hope for is an Avg. cost. Now with that said you will have to find this out form mining companies that mine for silver only and all costs of mining is going towards silver only. Or if they are mining for more then one mineral all costs get distributed equally through a Ratio of product mined. Follow me so far ?

It is quit possible do to what is happening in the copper mining that we might see Silver not being listed anymore as a By Product to ming. When we have a Surplus of copper and mining slows this can and most likely will create a Huge problem for silver. If Inventory is low for silver but high for copper and mining slows then Shortage will come about rather quickly for silver. We might see more silver mines start up for the demand of silver. Then the cost to mine is no longer a By product now is it.

So it is difficult to answer your question but we all know that NOBODY Can Mine Silver and Stamp it out in Coin Form for what its being sold for today. Maple Leafs if you were to purchase a monster box would sell for $25.34 cents an ounce... Thats pretty dam cheap if you ask me. I will Continue to stack as long as it takes. The market will in fact one day be forced to get the pricing right. Supply and demand will rule out in the end game. The cheaper they make it the less of it will be.

He did promise CHANGE Didnt he.... He Did not say which way the Change would go. LOL From Bad to GOOD or from BAD TO WORSE...

Some are Feeling good right now for some areas of our economy are improving ... But at what cost is it coming from ? And How ? ANSWER ... MORE DEBT... Unless we learn to live within our means and learn to SACRIFICE MORE and Slow down our WASTE and Recycle much more then we do now... Well If we dont learn then Failure will come at a much higher price is all. The Pi piper always collects.

I Myself Dont claim to know or understand when but I do know HOW... LOL All Bubbles POP. And what is our worse Bubble Ever is the DEBT BUBBLE... Let them continue on this path but when that Bubble burst . EVERYONE Is going to have #$%$ on their face. Even us stackers. Yes We will have some protection of BK But we will feel the affects as well the pain that will follow with total Collapse . What is sad is just how few individuals understand the problems that are causing these things to happen. That to me is troubling because it will mean it will happen ALL OVER AGAIN...

The Definition of INSANITY is " Doing the same thing OVER AND OVER AGAIN and expecting different results " This is Humanity in a NUTSHELL. All I can Do is Lead the Horse to water but I cant make him drink. LOL Preach on and continue to Stack and lead by example...

Bonds are experiencing a DEAD CAT BOUNCE. LMAO THose who buy them are going to Regret it when all said and done.

These are the STACKERS I have been talking about. We are Relentless in our Investing. We will not turn back. We will Continue to Invest / Stack in REAL VALUE. No Longer do we believe in STOCKS . WE ARE MANY AND WE ARE GROWING IN NUMBERS... BE AFRAID . Be Very AFRAID. With Each and every passing day We Stackers Preach to others the importance of saving for ones self and family and future. We realize what has true real value and we preach it to our offspring. In turn this will grow the strength of stackers in time.

Also so to will the Stock market add to the stackers numbers. As more and more of you get SCREWED OVER and realize that this market is one big SHAM and so to is our government and their BLAH BLAH BLAH Words of protection and their always TWO FACED DOUBLE STANDARDS ... You will eventually come to the conclusion that the only true way to preserve your wealth over the long haul will be in land and Hard assets. Things that the WORLD Revolves around and will always need.

So those of you who are Stacking REAL ASSETS... Fear not. Be thankful for this Discount in price and simply continue to avg. in on your nest egg. THose of you who are sweating the Drop in SLV Stock. Well you should... And also remember that you yourself are helping them do what they are doing because you elect to play in their pond of #$%$... So when you come out Stinking of LOSS And Disgust. Dont wonder why...

Boycott the Market at all Costs. PERIOD. Join the FORCE That is becoming known as the STACKERS....

That is BIG For just one mint.

They also need to do this so the property tax remains high. Dont forget that millions of homes got foreclosed on. That means HUGE Income loss in Tax. They need more revenue so this bubble in Real estate helps them for now. That is until the next shoe falls off. Real goods and services are not getting any cheaper so we still have a Huge strain on economy going forward. Unemployment still high and will continue to have problems as any signs of a Collapse will cause fast and furious lay offs and freeze of any new jobs . Stack monthly and sit back and wait is all. All Stackers will be rewarded eventually... In Diamonds....

" They are the ones who got us into this mess in the first place " Well That is PURE BS... Yes many of them might have contributed but a #$%$ load of all others who wants what they CANT AFFORD Also Contributed. Anyone who lost their home is part of the problem. Anyone who is getting HAND OUTS and not pulling their own wait is part of the problem. All these ILLEGALS are part of the problem. And Anyone who does not believe or stand up for people who are trying by Boycotting or picketing or activists that are trying to fight back are part of the problem.... All Activists are doing after all is fighting for everyones rights. But Many call them names and don't believe in the RIGHT SIDE of many equations. Plenty of finger pointing going on is for certain. This will continue until the PEOPLE Stand up for one another.

Its just a Small Wild Card is all. Things will change its just the time frame in which it will take is only thing that is different. This is why I urge people not to get to over Zealous on purchasing... Monthly is the best way to insure your best avg... When it looks REALLY Over Sold then perhaps Buy a Bit more... I have a few different times and will Gladly continue to do so on any big drops.... Eventually they will run out of real silver to screw around with...

We have to understand that the powers at control of this are All seeing .. Get the Clue in there ....THey have strength in unlimited funds but what they dont have is unlimited supplies of silver.

So for now just keep stacking.

I will give you a MUCH BIGGER ACT OF WAR.. COUNTERFEITING... Thats right. Not only has COINS Been Counterfeited but Stocks as well and in a HUGE WAY... Why I STRONGLY Suggest that Everyone BOYCOTT THE STOCK MARKET... Run From it like the Plague it is.....Purchase Commodities like Gold and silver and Land... Pay off all DEBT and let them Suffer . They cant survive without your DEBT....

I wonder if they ever had Supposedly a #$%$ load of Gold in the basement of the Twin towers ... I guess it was all Melted down and evaporated into the air.... Seems like something BIG Is coming Doesnt it... Just keep listening to the music... It always Speeds up right before JAWS Bites you in Half....

I dont know or claim to know were the bottom is but what is obvious is One the price of silver is Cheaper to buy. Even with the Premiums being this high. Second its not getting Cheaper to gig up. Third , Industry is humming along and OBVIOUSLY Demand for the Physical is still there. So Buy monthly and avg in Just as always... Price drop only means so does you avg.... 100% Sure this will turn around and do the opposite trade.... No Telling how long they can hold down the price but the longer they do the faster we will see Short supplies. Especially if we have a Supposed Glut of other metals... Since half of silver is mined as a By Product ... One can see whats coming. Silver miners that mine for silver directly can't keep mining for NO PROFIT. And the other miners who are facing a Glut will slow their mines down which in turn will slow the by product.. But Physical is still setting Record sales... So I say thank you again and will continue on ... Paper can be Fudged to make it look like its going up in value but reality it isn't... Housing price went up more. Food and gas also went up more. So we are seeing a great opportunity to buy with Silver... Early Xmas. According to China its going to 8 and stay there for what 20 to 30 years. LOL OK Then the worlds supply of silver will be bought out by us stackers alone...

Gainesville lowered their premiums. $ 3.69 for eagles. Best I have seen.

So much for 6 % unemployment...

Thanks for the info. I will be doing my part on Friday. Hey do you know what the record sales is for in May ?

Were are they going ? LOL Just kidding. Is what Keevo said true ? That 50 % 0f all silver is from the small miners . If so then that along with the Utah Mine Collapse spells big trouble... Lets see how long they are able to keep it down here. Anyone know of the sales so far for May ?

China is developing a lot of Solar panels and is using them to feed the grid or off grid electric. PS... Solar uses SILVER in a BIG WAY.... Looks can be deceiving...

China is eating up the worlds Supplies in a BIG WAY... Almost all our Scrap waste goes to china. Just to be melted down and sold back to us for JUNK... What you think Loes and Home Depo is for ...