Max Keiser : for every ounce of silver that somebody buys JP Morgan sells 20 to 50 ounces of silver that does not exist it's called naked short selling , that's the bottom line they are selling silver that does not exist , by some estimates they are 3 billion ounces short that's more than a billion of the entire silver stock above ground , the short sold more stocks than exist above ground on the floor everyday manipulating the price , for every ounce of silver JP Morgan tries to sell 10 ounces of silver as a naked short sell , silver that they do not own but at the end of the month the books have to be squared the COMEX has to physically deliver , now with the Silver liberation Army we are going to put JP Morgan six feet under says Max Keiser by taking possession of the remaining physical silver , The Silver Liberation Army a global army of physical buyers says Max ...I like that LOl...
Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Wednesday, April 6, 2011
Silver Not in a Bubble
Silver is not in a bubble Ready to Burst as some on Wall Street think
the silver market is on fire right now and what's driving it is the common man in the streets as Eric Sprott said in an early interview , it is the demand from the small investors that is driving this rally , people are looking for a safe heaven to protect their assets as they are losing faith in the fiat currencies, the inflation is rising the FED continues to debase the dollar , there is no stopping to the silver rally as the fundamentals are still rock solid , and a 50$ an ounce is a no brainer in the short to medium term ...keep on stacking folks you will be glad you did ....
the silver market is on fire right now and what's driving it is the common man in the streets as Eric Sprott said in an early interview , it is the demand from the small investors that is driving this rally , people are looking for a safe heaven to protect their assets as they are losing faith in the fiat currencies, the inflation is rising the FED continues to debase the dollar , there is no stopping to the silver rally as the fundamentals are still rock solid , and a 50$ an ounce is a no brainer in the short to medium term ...keep on stacking folks you will be glad you did ....
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Bubble
Web bots on the Silver Rally
Mr. High of Webbbots sees silver going as high as $500 an ounce from June 20th. this year however the Webbots first started predicting silver surpassing gold eventually but in the near future the number they predicted was $600 USD.... and now we have several silver experts calling for $500 silver... so $600 silver is seeming more possible.. at least to me and my reasoning MAX KEISER CALLING $500 AN OUNCE, BOB CHAPMAN CALLING $400 AN OUNCE COMING Marc Faber speak: QE 1 till 18 ,I do think the them ! Many,many ,many, Paper ,take Silver and Gold !!!
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Webbot
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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!