I don't believe Ideal is saying that either!
He wants people to buy t o exasperate the shortages and get this into the light!
To most people mining is bad yet without it you cannot survive!
Bring this to light and the greenies get mad:)
This in reference to bringing the shortage to light!
1 billion in 10 years is a lot which is more than is mined in a single year and this year you will need to add another 200 million ounces!
It is growing worse by the day and even worse by these below cost prices!
A mine takes years to develop so it will take years to cure this problem!
I think a person should have 50 ounces of gold and 5 thousand ounces of silver in their holdings!Anything less is being unprotected!
I don't suggest that!
I say buy because one day in the very near future silver is going to pull a palladium and do what it has done!
You have all the same things happening!
Palladium is used a lot in catalytic convertors!
Silver is used everywhere!
.16 per human produced is not enough!
Thus you have the shortfall of the metal shown by all!
I say buy one b4 you cant!
When silver is well over 100 and it will as it has no choice I hope to have triple what I have now!
Debt used to make money is not really debt is it?
If you have debt but instead of paying it off you buy silver and say your debt is 4-6% but in a 2-3 year period you get 100% return on your debt and pay the debt off and have at least an 82% gain with that where in if you didn't you might have what 1% from the interest from what the generous bank will give you?
I look at everything through a business perspective!
That is all I know!For over 30 years it has done me great!
Obama couldn't start a lemonade stand let alone ebola!
The guy is the worst president in history and a huge money waster!
Sorry your to dumb to figure that out but then again your not the brightest tool in the shed!
Jack I would believe what you said if it were true!
Over 1 billion ounces has been depleted from the stocks over 10 years and this year it will be over 200 million more!
So what you said don't hold water!
Good theory but isn't true!
The reason it is going down is they are pushing it down as there are billions of ounces short in the 8-10$ range that still have not been covered!
This is the true reason!
I am happy as it allows me to buy more for less!
Think of it this way you have over 6 billion people in the world and that equates to just .16 of an ounce per person being produced every year and a good portion is from scrap!With all the gadgets and computers being produced every year and cars that alone is more demand than is produced every year!
One cell phone has that much or more!
It also tells people not to invest in paper!
Or paper assets!When it all falls apart the people who do will be left with fire starter for their new roadside home!lmao
The thing is the institute does a lot of shadow accounting and a lot of guesses!
They don't know how much India or China bought or sold or produced!
I bet they are way under what it really is but hey at least they reported over 100 million ounces last year more than I thought they would report!
I predicted that in what September of last year when most everyone was saying there would be a surplus?
Oh well it will be double that this year!
Lots of mines have closed this year alone and production from ore grades are down all over the industry!
What a set up:)
A futures contract is a contract for silver that has not been mined yet!
You cant be that ignorant or can you?
If you sell a futures contract you are selling silver that don't exist and many time will never exist!
They sell billions of ounces a year and yes short billions a year but at present there are more long contracts for delivery than there are short contracts so your analogy is bogus!
Truth is still the truth whether you like it or not!
Then how is it you can buy billions of ounces that don't exist yet if there isn't paper silver?
I guess everyone knows there is paper silver except you?lmao
What there is no paper silver?
The future markets are full of them!
Billions of PAPER silver is short and billions is bought with no way of delivering any of it!
There isn't a billion ounces in any warehouse that is for sale:)
Many types paper physical ore grade concentrate just to name a few!
Oh well some people cant understand what others mean even though they state it plain as day!
Right I think you are right on the mark:)
I been saying this for over a year and this year the shortages will be well over 200 million ounces!gl
They have robbed all they are going to rob as no one else will allow them to!
You notice how Argentina is going to borrow from the brics and ditch the dollar as they think the American Justice system is bending them over and they no longer trust America?
You will see Central American countries and South American countries flock to the brics and ditch America!
Sad truth as our reserve status is all but going down the toilet!
Yes but the dow has gone up even more just ask stumble as he said the dow has and always will outperform gold and silver going forward!lmao
From 1970 -1980 it went up 2200%:)
I guess the dow went up by that amount also!lmaogl
Lorde all they are doing is causing more of a problem for themselves!
Miners cant make money at 25 let alone 19!
You thought the deficit in silver was bad last year just wait till the #'s come out for 2014:)
At this rate we will see well into the 200 million ounce deficit!
I am doing my part!
I was thinking yesterday that if there is over 6 billion people in the world and just a sliver is used per person on you know electronics that that alone would eat up the supply!
Jewelry and all other forms would be a direct deficit!
Oh well I cant wait as these idiots are going to cause the worst shortage in history!
Still billions of ounces short in the 8-10 dollar range:)
Silver is in new territory!
It is about all used up from inventory and these shorts are to stupid to figure it out:)
Don't bother trying to convert them as they are arrogant and know nothing about anything soon they will be naked and very afraid:)
lmao buy at 600 just like I bought 2 tons of gold in the 70's yea right!
You don't own sh it!
You own paper and even then its short paper!
Were you one of those in 2000 that shorted saying silver will never reach 10$?
I bet you were!lmao
What about you saying gold would never go to 800 again?
Your types are like broken clocks except the broken clock ir right more often than you!lol
Better cover cause soon you will be bk!
Silver is a tried and true antibacterial metal!
They have been using it for over a hundred years!
Also all drugs are untested against ebola as none had been tested on humans b4!
New virus new test phase!
Yes nothing is without risk!
As for maimed and dead I know a bit about that as I had someone just die from the wrong drugs and adverse effects!
Another one I knew died form a simple surgery that never woke up!
Another from a heart attack from the drugs he took!
The list is long!
There is also the other side of the coin where people were saved from them!
Stumble you cant win with someone who is a pro at debating people for a living!
You can try but this time you just don't have the facts!
Your type try and spin things to their advantage but you have very little to spin!
I have an oceans worth:)
I will give you one thing though drug makers have came a long way over the years!
When you have billions of dollars you can do amazing things!gl
If you hide it lie about it enough eventually people will either forget about it or say it is bad for you!
The drug co's have your best interests in mind after their drug kills you or maims you right?
All those lawyer commercials are for people who never had a problem right? It was not the drugs fault nah couldn't be!
Colloidal silver is and was the best antibiotic money could buy!