Debt clock. 17 , 760 TRILLION DOLLARS... Thats were the money is coming from... Printed out of thin air... And debt is being divided amongst everyone... Oh the joy of it all. Even other nations are paying the bills for the US Debt....
Exactly were they always get the money from... The backs of us Poor working class fools... They will simply print more money into the system and devalue what you and I and everyone else has is all... Thats how the game works... Print baby print... The best is I am 100 % sure there is lots of Mis costs that get paid to line certain few peoples pockets... What a great system it is...
I will say this.... He definitely drew the line in the sand so to speak... He said that all this is going to come to an end by this year... That gives him 90 days... 90 days to either look like a absolute MORON OR a FROCKING GENIUS... Lets see which one it will be. : }
I would like to point out that after listening to this video several times this man Harvey does not no #$%$ for certain,,,, Why do I say this ? Because listen to him is closely . He uses the word PROBABLY Way to many times... Means AKA I dint know for certain aka Don't know #$%$.... Nor does he know what the terms of the deal was with China and there silver .. Or if there was even a deal.... Wow... This was a disappointment after listening to it with ears wide open. He PROBABLY before doing any interviews GET FACTS before spitting out #$%$ that stanks ... Needless to say I am a bit disappointed in that video. Please don't take my word for it. Listen to it again. I swear I am zoo tired of all this BS.... #$%$ happened to MORE TRANSPARENCY MR OBEY ONE CONOBY ?
Thank you for taking the time to speak to me about this topic. If you ever come across anything that looks to give good info on this subject , Please share. Thank you again and have a Great Weekend...
I have no doubt that the need for more silver is just starting to be realized and take off .. Let me give you this thought to ponder on . America family uses three to 5 times more power then their counterpart Chinese family. As well india family. Yet they both have over 4 times out population.... They are waking up and want what all us americans have taken for granted for several decades now. So if we use up most of the supply today then one can only imagine whats coming down the pipeline when all those third world countries want to live like we have for so long... All the gadgets and computers and appliances and tons of power,,,
I Have said this before . I honestly am surprised that any government even allows that silver gets minted or even wasted given the importance of this material. Maybe this won't get corrected in my life time ? Maybe it will ? But I know one day it will have to and if I make my kids or Grand kids filthy wealthy then great job by me and the sacrifice I am willing to give today for my family in the future... Kind of like how we should look at everything. Maybe then our world would not be in such a sorry shaped of repair.
Do you know any numbers that show how many millions of ounces are in Miners inventory ? Thanks for your help in the thought process . I am really serious about trying to find out just how they are continuing to fill the void... Personally I am in the camp of what Skarry Larry is saying... The deficit is probably much bigger. Solar has expanded like mad and isn't letting up. Also Those Rfmd or whatever chips are also going nuts. As well Phones and laptops and cars and windows and all other uses just seems to be expanding like mad. What will be the next big use for silver that will cause Massive increase in usage ? You just know its coming.. Also not sure how much missiles use but it seems they are using like mad now all over the world.
HA HA.. Come on man I am being serious... But I still would pick Mars. LOL Afghanistan is much more hostile then Mars. Serious question ? Do you know were this deficit gets filled ? Were and who ? I read it used to be Mr Gubment but supposedly the stock pile ran dry. So still the question remains... Do you have anything to offer as to were or even were to research this ?
Yes I watched that video as well but he also said we would see signs on Sept 22 when China starts to trade silver... Yet here we are. LOWER... Not that I really care but just would love to know were the mints get the extra supply from ? Does anyone know the answer to this ? Supposedly government stock pile is all but gone. So were is all the extra silver coming from.
Dr. Detroit. I like that name but I hope you aren't broke like Detroit is... I believe like you this is eventually going to end badly .. The question that is very hard to find out is when ? I know I read there is a shortage as far as whats getting bought up compared to whats getting mined and recycled .. Yet somehow they continue to fill the orders ... So if the Government was supposed to be empty in their surplus then were and who is the extra silver coming from ? I remember reading and hearing in the news that the Afghan mountains is said to have TRILLIONS of dollars of minerals. Perhaps that is why we went in and helped
Hey Skarry. I just want to let you know... Even if mines have closed and also if the orders are higher or not I can tell you that Apmex and all the other dealers as of right now. Even ebay has plenty of monster box for sale. Apmex showing 97 box. Not sure whats going on but it seems they just got a pretty big flow of silver that came in.
WILL IT BE CHINA BUYING UP ALL THE SILVER SUPPLIES ? Will it be India ? Or will it be a massive run on silver from Stackers ? Or could it just be a simple slow grind with more and more stackers coming to the table taking to much of the pie away from Industrial needs ? Could be one or many reasons that cause it. It also could be the people that are pushing it down are ready to manipulate it back up... Wont know until it happen but one thing is for certain. You will want to be loaded up before hand... Thats why I suggest to buy monthly and just sit back and wait in line for your turn on the ride...
It is probably because nobody is really trading this pile of #$%$.... Real silver however is still in High demand. I thank them for all their hard work pushing prices lower... If you think about what timeframe we are in as far as the year goes I suspect things will in fact get worse or better. Depends how you look at it. Worse for the price of silver and a better buying opportunity... : ) I sure would not suggest buying into this bogus market though. Only buy Real Commodities only.
Why I say its going to get worse ? Well Its a simple thought. Any funds or even individual traders that have gains and loses look to sell at the end of the year loses to be sold to counter the winners and if no winners then loses to sell to claim the 3 k tax loss.
Nobody really here to buy the shares so we see these Computer drops with high percentage on very little volume... There is not always someone there to buy the shares that someone else might want to sell.
I am sure this paper game will one day cause a major problem in the real silver market. When that day will be is anyones guess ? I can only take a educated guess by saying it can't be to much longer with what information we can gather ourselves. The big unknown question is what are the real inventory numbers ?
We already know miners aren't doing well. We already know that more tons need to be moved per ounce. We already know industrial demand plus investment demand is steady or up. We already know more uses for silver are coming with each passing year. We also know something is odd since Premiums are still rather high. Used to be 99 cents per coin or less. We also know that recycling is down and down big and now what we use and invest depends on the extra silver from recycling. So whats going to be the straw that ends up breaking the camels back ?
It won't be BS Investigations. It won't be London or America since they are obviously behind the scenes. Will it be the New banking system coming into play ? Will CH
I wish people would not be so quick to say " Time to back up the truck " It never seems to work...In boxing and Judo and pretty much in all sports there is a saying also .. " Never underestimate your opponent " The ones who are controlling the downward movement are real and are real powerful... So unless you have word that they are now going the other way , Only then should you say Back up the truck. Otherwise you are just getting lucky.. How we know they are for real ? Simply ask a few questions ?
Demand is strong ? Answer Yes.
Miners making Money ? Answer . No.
New miners starting up ? Answer . No.
Existing miners Slowing production and also mining more dirt per ton ? Answer. Yes.
Recycling in decline ? Answer . Yes
So why in Gods name would this lead to a drop in price ?
Because of market manipulation with the paper game. Massive short position and naked short position.
What web site are you going to to get this info ? So far they are meeting orders so I don't see any short supplies going on. In fact I have seen Monster box for sale on Ebay but they are a few hundred dollars more then what I can buy them for at Apmex or gainsville. Not sure who would buy a monster box of silver on Ebay but I guess it happens. Myself I would really like to know just how much of a stock pile there really is with silver. That simple fact that we now depend on silver recycling means something. But now that silver price is hammered the recycling goes way down. Still they are meeting demand .. So the question is were are they getting the extra stock pile from ? Who is holding it ? And how much do they have to continue to keep pace with demand ?
Signs to look for will be if Aaple or any other big firm has trouble getting their orders filled for Industrial demand. As for investing goes , I haven't seen any signs as of late as out of stock .
Japan has been doing forms of Q/E for a very long time. Look at their balance sheet. One of the worst in the world.. Just goes to show you just how big a bubble can get before it blows up... Things are slowly losing grip as we have seen in the last 5 years many places going bust. This is picking up steam and will eventually bring down the house of cards which is un backed fiat currencies.
Skarry , You left out the recycling end to factor in. Last year declined 24 % . The most ever. This year will be worse. So since now we rely on the recycling of the metal and nobody will do it if they can't make any money at it then I would bet we see the numbers of short supplies even worse then 200 mil. Personally you then have to ask yourself were the short fall is being made up if inventory isn't there then were ? Someone is breaking off some extra silver somewhere ...
So very close I can taste it...
The year is still going.. Three more months to go. So if they sell just over 4 mil per month we will have another record.... I still say its the Stackers who are eventually going to cause a MAJOR Problem one day going forward... I think we need sales to be double this to really put the pressure on them. Some how they continue to meet the demand so they are able to keep a lid on the manipulating game.. Just how close are we to putting to much pressure on silver to blow the lid clear off is anyones guess... We the people are not privy to the real Inventory numbers...
I bet recycling is going to take another BIG Hit this year as the price has plummeted compared to last year... Just no profit to be made for recycling silver a these prices.
But for now Skarry, The price is still going down... Maybe because they are doing Everything they can do to get out of all those shorts you speak of ? What is the price you think they are holding the majority of those shorts at ? Also it probably has risen due to the trading in and out of millions of shares they have done over the years... These #$%$ just don't lose money my friend... I believe they will in fact get it back to 15 and even 8 if thats were they need it to go to get out of a bad trade. I just look at this as making the problem one day that much worse.. Who knows , Maybe the Afghan War was all about those Trillions of commodities in them there hills Jethro...