Reasons to Be Bullish on Silver . Silver is a MUST for a modern Hightech economy
Golds great its REAL MONEY (just like Silver) because it cant be printed at will by Criminal Banksters
But Silver is also KEY to Technology
Silver is the ONLY THING KNOWN THAT CAN KILL VIRAL PATHOGENS (and it works BETTER than Anti-Biotics on Bacterial ones)...Stop into your local GNC HEALTHFOOD STORE and pick up a bottle of their "Silver Biotics" and check it out!
Once the world understands this Silver will be values HIGHER THAN GOLD
Silver would be easy to use for change and would be easier to dispose of when trading. It is not a matter of if the dollar will crash but when. When it does crash the blackmarket economy will flourish because goods will be scarce and expensive. Silver and gold will be recognized as a barter medium that is stable.
Until Silver trades at some LOGICAL LEVEL to Gold it has a TON Of Catch to do.
I mean just look at the data from the world mines.The simple FACT is that we only pull 10 ounces of Silver out of the ground for every ounce of Gold.
So....at the least..Silver should trade at 1/10th the price of Gold. (that would be around $150 buck right now rather than $35)
Nevermind the FACT that we CONSUME FAR MORE SILVER Than we can mine every year and there is thus LESS SILVER ABOVE GROUND THAN GOLD
silver will always out perform gold in a bull metal market.
Silver is about to explode.
How about the fact there is 2 Billion Ounces of Gold worldwide compared to 1 Billion Ounces of Silver?
Even better than that is the Illegal 50% shorting of all Silver mined by JP Morgan and other banks that the CFTC Chairman will soon be ending.
This is 3 to 4 times more than the Hunts Brothers held long positions in the 70's that drove Silver to $80 an ounce.
Sunday, May 8, 2011
The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver In this difficult economic time and the debasement of the dollar by the FED , there is a rush for real assets to use against inflation, especially gold and silver bullion. Everyone is looking for a place to buy, sell or invest in gold and silver. Gold and silver and precious metals that are increasingly seen asreal money instead of the dollar which has no intrinsic value and is only a currency .The Silver American Eagle is America's only official investment-grade silver bullion coin. It is also the world's only silver bullion coin whose weight, content and purity are guaranteed by the U. S. Government.Since the American Silver Eagle's initial production in 1986, they were available in proof and mint state varieties and starting in 2006, burnished strikes became available as well. The United States Mint produces proof versions of American Eagle Bullion coins for collectors.
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