GATA board member Adrian Douglas, publisher of the Market Force Analysis financial letter (www.MarketForceAnalysis.com), was interviewed for a half hour yesterday by TheFinancialTube.com about the gold and silver markets, and you can listen to it here www.thefinancialtube.com
Silver is priced right where it should be. It never confirmed the all time high in gold this past year. Not even halfway to it’s 1980 top at 50 bucks. Hmmm…. is Goldman Sachs involved in this???
gold is used in the hi fi industry ,allot of speaker connectors are gold plated .Pin connectors in all sizes, etc.Some audio CD-R s are made with gold.He states gold as if it is used for nothing other than storage and jewelry use
Gut feeling that the U.S. will establish a legal mandate that everybody turn in their precious metals to pay off the Chinese. This may be another facet of American transfer of wealth to China. Also, as Americans are taking money out of their local banks to buy metals, this will cause the smaller banks to collapse and JP Morgan and the other big banks will buy them out. These big banks are arms of the Fed. This will strengthen the Illuminati control grid. APMEX uses JP Morgan for cust. paym
If JP Morgan was not shorting over 50% of Silver then Silver would have been close to $100 an ounce if not even more. For every dollar that Silver goes up it costs JP Morgan $1 BILLION!!
There is TWICE as much of Gold worldwide as there is Silver. Two BILLION ounces of Gold compared to only One BILLION of Silver.
@goldtothemoon do you know of any plants that sell for $400.00 per ounce retail
How can the federal reserve inflate rare metals? Gold and silver printers?
I am an electrical engineer. Silver use in electronics is exploding. It is by far the lowest resistance metal which means SPEED. Everyone wants speed in their product. Like it or not we will be driving electric cars. After many attempts with other metals silver is still the only safe and viable metal in car batteries (along with other metals). There is now less silver than gold! What happens when the world runs out of a metal just when it becomes vital to mankind?
@Sojaofdapepo marijauna
@DrMotorDude Just wait until the yuppies figure out that their satanic talisman federal reserve notes are worthless… they will rush into metals. And just the fact that silver is much cheaper than other metals will cause a demand much higher than on other metals. Same concept on stock. A company splits stock and the perception is that the stock is “cheap” or better put affordable and a jump into the stock is normal.
@TYX91101 Silver is priced right where it should be?? How can you matter of fact just say such a stupid thing?? Silver is priced in dollars, dollars are made of paper or digital numerals on a computer and come out of thin air visa/vie the worth of a dollar is imaginary like a lepricon, silver is not imaginary, so how do you price something real with something imaginary and call that “right where it should be”. It will never be priced where it should be in fiat-debt, dollars.
@CerealBowlLifeGuard How many lepricons = an ounce of silver?
@Sojaofdapepo Let’s Make a stock of Hemp Seeds instead Metal , ;-P
I like silver.
@w0tm Nice thing to know. Thanks for your input. I also read that military weapons are heavy in silver; especially missiles.
Collect silver now there isn’t much time till the system collapse. Gold surged today – it is only a matter of time.
@fuzzywzhe Don’t educate them. You will be holding silver, and they will be holding paper. Let them suffer ; )
Not only is its going o be worth more than gold but its nearly impossible for it to go down. Even if the economy fails which means the electric technologies company which use silver wont affect it because if the economy fails the dollar will fall and silver will be used as a currency.
let me also say, if we have a technological boom then silver would boom too xD
Silver is down this pass week. Stack now while you can.
@goldtothemoon
Don’t be foolish. The Fed will not inflate gold, because doing so would jeapordize the dollar, and the Fed gets all its power through its ability to print dollars. Wall Street deals in dollars. A gold bubble would never be risked. No one has anything to gain from it.
Furthermore, you can’t make more gold. You can always build on real estate. You can always start a tech stock, but you can’t make gold. Its price is tied firmly to an unchanging global supply.
People better start checking themselves! Silver is not rarer than gold. Come on people; if it was so, slv would cost more than gld: it’s that simple. Instead, gld is 65x higher and is considered a “reserve asset” by central banks. Not so with slv. A depression will crush silver; gold less so. REPEAT: the stuff cannot be that rare or it would cost more. I’m a border line bug and currently own both gld and slv (most of it physical) but I’m beginning to think this slv shortage thing is a cult.
To depress PM prices, all that is needed is keep the supply up. Investment prices are being controlled by flooding the market with paper gold and silver. The physical metal prices could be further controlled by subsidizing gold and silver mines the way currently done in the agricultural industry. In effect, we pay to suppress PM prices.
Fiat currencies are the game by which they slowly steal from us our entire lives. I don’t believe the gov’t and central banks are ready to give it up just yet.
visit my page and watch the ashmax vid
@teller121 Like gold, the price of silver is being manipulated to be artificially low. Gold should be selling for twice the price of current spot given the current dollar devaluation/inflation. And yes, silver is rarer than gold because unlike gold, it is consumed as well as stored. There are lawsuits against JP Morgan right now over the manipulation. These facts are well documented.
@KDanagger Exactly! and when people involved in the paper shares of PMs demand delivery of their physical gold and silver, the prices will explode because most of it doesn’t even exist. It’ll be a short squeeze.