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View Full Version : Silver Pushes Past 40, Debts Continue



FunnyMoney
7th April 2011, 10:30 PM
Silver climbs over the first wall of worry and beyond the much talked about 40 mark while mainstream investors continue to watch once thought safe assets dig themselves into a deeper hole. There's a saying, "if you find yourself in a hole, the first thing to do is stop digging." Global banking cartels and their centralized govts around the world don't pay much attention to sayings. If digging is what they know then digging is what they're going to do.

Precious metals have long since climbed completely up and any trench finds a quick recovery. Metals investors ponder in astonishment at how deep a problem the global economic system can create for itself and yet still continue breathing down there. In 2008 few expected that those in charge of financial strings would go 4 years running, running the largest debt ratios in the history of mankind and even more into debt. But it's a rare thief that gives up stealing and it's a rare modern day economist that gives up on insanity.

The plan is to fly the economoney over a cliff. That is already baked in. The pilots have bailed out with their golden parachutes and the entire world is now running on automatic. Bonds wash back and forth across the sea and nobody really cares about an audit at this point. Nobody except the few investors out there trying to protect their wealth. What would an audit do anyway? A trillion here, a trillion there, it is real money, right?

There will be no rolling back numbers like those. The debts of the world have become a mainstream reality, an everyday fact of life. Silver and gold have clearly been the last straw of reason. Smart, and sometimes nervous investors look upon the tax, print, spend and war policy of the globe and in very quiet fashion continue to protect with precious metals.

Protection by the sane, from insane money has prevented gold from going down. That's not changing at 40 pieces of debt. The world digs furiously using paper debts. But wealth is measured in ounces not debts. Forty, another stop on the long road to sanity.

Twisted Titan
7th April 2011, 11:29 PM
Silver is on the move.......... Look out now.

Neuro
7th April 2011, 11:42 PM
It looks less and less expensive to store the damn thing! Amazing run up!

silver solution
7th April 2011, 11:53 PM
Silver is a Blessing!!!!!!

Silver Shield
8th April 2011, 12:32 AM
I am going to have one sweet birthday tomorrow.

This is becoming surreal.

The Silver Revolution Marches on...
http://dont-tread-on.me/banksters-battle-of-the-chosin-reservoir/

We just raised over $4,000 to place this Ad...
http://dont-tread-on.me/join-the-academy-raffle/
In front of 1,300,000 Drudge Report people the last week of April.

That could be 150,000 new people learning about silver that week.

Pretty cool.

Antonio
8th April 2011, 12:34 AM
It looks less and less expensive to store the damn thing!

If you don`t hold it...

Serpo
8th April 2011, 12:37 AM
In the case of silver, many experts say it is way undervalued and will outperform gold as an investment. Asset manager Eric Sprott said Monday that one of many reasons the silver price is rising is that demand “ismassively underestimated.” Financial writer Harold Goodman recently wrote an excellent silver article for SeekingAlpha.com. Goodman backs up the “undervalued” silver premise by saying, “This next chart (below) is from a brilliant article by Mark J. Lundeen, and shows the price of silver in constant 1920 dollars, but indexed for inflation using U.S. currency in circulation rather than a flawed metric such as CPI.” “The surprising result is that silver today is priced at only $0.16 in constant, inflation adjusted 1920 dollars, even though it was selling for $1.32 in 1920! To reach its equivalent 1920 price of $1.32 an ounce today, it would have to be priced at $296 an ounce. And unlike 1920, there is a serious shortage of physical silver inventories available for sale today .

http://beforeitsnews.com/story/542/794/Why_Gold_and_Silver_Rise_Is_Dangerous_For_Everyone .html