Attention ALL Silver Hunters and Collectors- Important Information !

[texan connection]

Here is advice from Peter Shiff as to what to do NOW...

http://www.youtube.com/watch?v=djgH9wA-JSU

I been trying to tell folks this for yrs but no one in the (X) political forum would listen except the open minded ones

 

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[texan connection]

If the price of silver drops I will buy, buy, buy! The same thing happened back in the late 70s or 80s when the Hunt brothers in Texas tried to corner the market on silver. They manipulated the devaluation of silver and then tried to buy all there was on the market at low prices. It almost worked but there were too many individual small holders who would not sell. Also the Feds got involved in an investigation. Consequently the Hunt brothers nearly went bankrupt and almost went to jail too, but they somehow managed to escape. I don't remember all the details or how it was done, but it sounds all too familiar. Monty

Except Monty, this time banks and poiticians are involved in the manipulation so No ones going to jail

 

[Glsfutrs]

Here's something to think about regarding the not too distant future and silver :


http://news.silverseek.com/TedButler/1240328208.php

 

[Cachefinder]

Great Read!

Thanks again

Cachefinder-

 

[lou423]

Just hold on to your silver and gold unless you really need the dough.

 

[Glsfutrs]

Lou, You got that right ! This thing may take some more time until silver takes off to the $$ levels that it should be at . But that's O.K. - more time to accumulate like Cachefinder's doin. Sock it away and forget about it...

 

[Real de Tayopa Tropical Tramp]

Sheesh, and here my lil ole Escondida mine shows the following dump assays. Will I make an honest buck, or remain a treasure huning looter?

Don Jose de La Mancha

 

[texan connection]

Ok I know im a Dummy so i ask this if silver on paper is being short sold wouldent that eventually make real silver of value once this becomes exposed?

 

[Glsfutrs]

Texan ,

You would think so, wouldn't you... sometimes it makes me scratch my head with how the spot price stays down even when the truth clearly stands out. Case in point-( putting scarcity of silver aside) just focus on the silver to gold ratio of 15.5 to 1...hard #r's and still things are clearly lopsided today.(60+ to 1 -yeah right!)

The best example that I've heard is that this whole manipulating of silver situation is like that of trying to hold a beachball under water while air is continually being fed into it- sooner or later that ball is going to break free and shoot to the surface= true value both present day as well as future.

When and if hyperinflation should occur, the pace will rapidly pick up for the air going into the ball :


http://www.minyanville.com/articles/dba-TWO-tbt-black-Swan-ways/index/a/23139

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Below is an example of how people in areas that are feeling the financially hard times are beginning to accept silver as a means for value/trade/ payment :

 

[airborne1092]

I appologize for not reading the entire thread - correct me if I'm wrong.

Said company is selling notes of ownership without delivering a physical product. e.g. I send them 1370.00 USD and they send me a letter saying I am the proud owner of 100 ounces of silver. However, they cannot back up their notes if I wanted the silver its self?

Are they trying to keep the price artificially high or low?

I would hazard a guess that so long as I'm not buying silver through an exchange or a dealer, but rather buying it for face value (i.e. CRH ect or finding it 'laying' on the ground) then I should be O.K., right?

In other words, BUY your silver in coinage for face value or get out there and find it. Do not buy 'shares' or any other note whilst someone else 'holds on to it' for safe keeping.

Am I too far off base on this one?

 

[Glsfutrs]

No apologies necessary,

The answer to your question about them trying to keep the price artificially high or low- I would have to say both high and low. They make profit on both directions by timing the market regarding riding it up or running it down. This sort of game has been played for over 20 years now.

What you have described as the best way to knowing that you have full control of ALL of the silver by taking possesion of it yourself is correct in my opinion.

There are many programs out there which will " hold your silver" and forward you paper to certify the transaction.

All well and good- for the most part- RIGHT NOW...however with so many questionable blunders taking place out in the financial world coupled with the manufacturing of paper money with NO real backing to it , there are real indicators present day, leading to liquidity of the dollar... In the event that there is a "run" against a myriad of security institutions, any one of those paper houses will find themselves answering to way too many DEMANDING FACES all at once. -it will happen very quickly.


As for silver stocks- the silver stocks up until now have been doing quite well as of late. What lies ahead waits to be seen. Some 70+ % of ALL silver comes from mines which has to have it separated from other metals and minerals such as zinc , copper , lead , etc.. Due to the current $$ lows that we are experiencing today it doesn't pay them to go through the process of extracting large quantities of silver.

When the time comes that the price begins to rocket - those 70 + % mines have got a time delay of some 10 years to get it together in bringing up the levels for demand. What do you think that that will do for the mine stocks and the price of actual silver overall? My guess is that actual will take the driver's seat in realizing phenomenal profits.

The dynamics which will help to dictate the true price of silver from now and into the future is so complex that it even has the silver experts unsure of their crystal balls!

We are sure to see some eye opening stuff going on pertaining to this precious metal !

If you plan on holding physical it might be a good idea investing in worthwhile security needs along the lines of a strong safe and security system, regarding the holding of what you have in coinage and bullion.

Gls.

 

[lgadbois]

Silver investing is a bad deal. The little investor has no way of dealing with the illegal manipulations that are going on in the silver market. There are all sorts of scams.

Morgan Stanley was selling silver bullion to their investors, and charging for storage. The problem was they didn't buy the bullion, and they never stored any either. They finally got caught. Without any admission of guilt they paid a fine. In my opinion, the skunks should be doing hard time in one of our prisons.

The Commodity Futures Trading Commission has not been enforcing commodity laws either. And guess who was in charge when the big abuses started? The same Mary Schapiro that later took charge of the NASD, and FINRA, and now is the Chairperson of the Security & Exchange Commission. During her terms with all three organizations she did not regulate and enforce the laws. Big time oil trading abuses started when she was at the CFTC. Phil Gramm didn't help when he passed the "Enron loophole" that allowed ICE and Dubai oil trading terminals to be used without regulation in the U.S. During Mary Schapiro's term with the NASD and FINRA, she ignored complaints that B. Madoff was running a Ponzie Scheme. It wouldn't have been discovered if Madoff hadn't run out of new investors.

 

[Glsfutrs]

Igadbois, Kind a ticks you off don't it....those dogs will get their day :


http://news.silverseek.com/TedButler/1245778743.php

Silver investing is not a bad deal if it's held physically . All stock investing is at a risk no matter what- even the big ships go down when the tide goes out !

 

[texan connection]

Silver investing is a bad deal. The little investor has no way of dealing with the illegal manipulations that are going on in the silver market. There are all sorts of scams.

Morgan Stanley was selling silver bullion to their investors, and charging for storage. The problem was they didn't buy the bullion, and they never stored any either. They finally got caught. Without any admission of guilt they paid a fine. In my opinion, the skunks should be doing hard time in one of our prisons.

The Commodity Futures Trading Commission has not been enforcing commodity laws either. And guess who was in charge when the big abuses started? The same Mary Schapiro that later took charge of the NASD, and FINRA, and now is the Chairperson of the Security & Exchange Commission. During her terms with all three organizations she did not regulate and enforce the laws. Big time oil trading abuses started when she was at the CFTC. Phil Gramm didn't help when he passed the "Enron loophole" that allowed ICE and Dubai oil trading terminals to be used without regulation in the U.S. During Mary Schapiro's term with the NASD and FINRA, she ignored complaints that B. Madoff was running a Ponzie Scheme. It wouldn't have been discovered if Madoff hadn't run out of new investors.

Excellent point but what idiot would buy gold or silver they dident actually have in a sftey deposit box

 

[Glsfutrs]

What is the true ratio of gold to silver ? Will its monetary role combined with increased industrial opportunities help to play an important part in realigning the actual value ?






http://news.silverseek.com/SilverInvestor/1250255996.php

 

[texan connection]

still watching closly , Thanks

 

[CRAZY-TEXICAN]

This is the classic crap you usually see in other countries , My uncle had a silver mine for a few years but since the silver started to go down in value they were not able to maintain the mines since it was costing more to mine it and he was losing money instead of making a profit , so he decided to stop mining for a while just as other had done , after a few months someone from a Country i wont name came along offering to buy the mines , many refused to sell and the price of silver kept going down . After a while it was so low that they decided to sell the mines and what do you know, suddenly the price went sky high , sounds like someone is pulling strings to manipulate the prices of this precious metal , in my opinion its no better than fraud and as usual its the big corporations that are literally scamming people out of their money .. In my opinion , everyone should hold on to their silver and let these corporations go south ..

 

[Glsfutrs]

CRAZY TEXICAN-

This may be the last dance for the silver scheisters who are up to no good when it comes to their above ground silver nut shell games-"it's UP-NO WAIT-it's DOWN -WHAT - it's UP AGAIN !!? "all based on a paper wall of deceit.

It has become a reoccurring chant by many a silver expert that :

a.) the amount of above ground silver is dwindling down , a one way arrow of direction, and is less in quantity than gold.

b.) banks and the governmnt hate silver. They can't and don't hold enough physical therefore they can't control it -unlike the "accumulating" of gold that's going on right now by both.

c.) We really have industry to thank for this silver divorce that should take place. More pressure will be put on for physical demand due to world industries increasing need.

d.) The Aisian part of our world is clearly vying to be the next superpower.
Their understanding for holding precious metals is very important to them.
This has got to have an effect on redistribution of silver quantities and pricing .

e.) The paper silver traders wearing their paper silver hats by selling ETF's vs. actual will fold like cheap cameras , in the blink of an eye , some day!


Let me restate this...with my most earnest hope we will see silver separate itself from gold in the next few years for the reasons that I've mentioned !

 

[Glsfutrs]

This blog helps to define the words "Precious Metal" :


http://dailyreckoning.com/financial-crisis-called-off/

 

[spartacus53]

Great topic with many interesting points of view. Me? I'll just hold on to my silver until it exceeds platinum