Jim Rogers BUY SILVER and HOLD GOLD!
silversnowball.com Why an 00Investment in Silver Today Will Likely Be Worth 0000 Within The Next 15 Months silversnowball.com As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for 0 per ounce in 2002 now sells for over 62 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars. Now here’s how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more. At the time of this writing (12-5-09) the spot price of silver is .50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soarNoLet me restate thatThe cost of silver will shoot up and skyrocket to unbelievably high dollar amounts. Visit silversnowball.com to see how you can start getting your own silver eagle coins from silver snowball below spot price!
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Filed under: Gold
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The problem with buying silver is that you will need more than a mint- you are going to need a warehouse to store it- I wonder where I can buy it and store it.
you wont need all that much when the markets collapse and prices adjust to real. silver:gold ratio is naturally about 1:16 OZ historically. today the ratio is 1:65. once this adjusts the silver you bought for 20 US dollars today will actually be worth much much more than that in real trading. it is also necessary to hold assets with calibrated but different inherent values for the convenience of trade.
ETF were created to divert all the excess inflation (extra cash) away from hard assets. It is a way of keeping the price of the real goods from going to high.
@ijustretired Goldmoney – com
you only need a small space to store silver
I recently bought two kilos and will be buying another 2 kilos soon, I am hoping to accumulate about 20 kilos by the end of the year.
The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value!
Going to wait until gold drops below $900 and Silver below $14 before getting back in. World government central banks will drive it down using phantom paper transactions in a PR push to say the world is in full recovery mode. 98% of the population that watches MSM will buy into the recovery theme. Bankers will either drive up the markets or at least let it bounce around in a tight range to get folks to put their sideline cash “back in”. Unfortunately 2% of the public can’t change things.
$900 gold and $14 silver? Good luck but I think you’ve missed the boat there.Not going to happen.
If 2% of people decided to buy one ounce of silver then we would see how much the public can change things such as the price of silver.
Wow you must be a billionaire if you need a warehouse to store all the silver you can buy! Congratulations!
Lesser beings like myself store theirs in safes.
@ijustretired It is funny to see unit in kg. They should make those unit into metric, I have no freaking idea how heavy an ounce or ibs is.
@dowhatuwill
I wouldn’t dismiss those price targets. We all know gold and silver is being artificially manipulated towards the down side. GATA has proven this without a doubt. The alchemists on wall street could drive it down that low again with paper trade and short positions. Although, I admit it would be hard to go that low.
Of course, this Ponzi paper trade will fail one day and prices will go to Pluto. If prices DO fall, consider it a great buying opportunity.
@AngryGoyim You are right about the downward manipulation. In my opinion JP Morgan & co. are not going to succeed in manipulating it down that far. In fact, day by day more people are waking up to what’s going on and buying physical. Soon,this is going to send prices skyward.
jim rogers is pushing ETFs. be careful of what these guys are selling you. he did not say bullion, which is much different from ETFs.
i am going to start a website called hooters investing. just girls with big tits asking rich guys about what to invest in, and how big their wallets are.