Silver Investment: $1500oz Silver!! - Mike Maloney

[Koi4peace]

If you like this check out sons of silver show new show every week with great silver info and updates also follow them on twitter for day to day info and updates

[powersamoan]

@bandcreator28 You're a Canadian so you must be in it for the investment. I'm more interested in having something that's worth something, rather than American dollars that are pretty much worthless.

[Keemm89]

@powersamoan you do know that Canadan dollar is backed by US fiat Currency right?

[powersamoan]

@bandcreator28 Went down to $29 on sunday but bounced back up today. I'm thinking it will creep back up slowly. Good time to buy now in my opinion. If you wanted some 5 days ago, you'd be paying 40+ per oz. Some guy commenting on another video said he hoped it would drop to SINGLE DIGITS. Yeah right. You'll never see that again, the same way you'll never see $1.50 gas.

[solojam]

500 ounces @ 1500 is a lot more than a single family home mr. baloney

lol :P

[mbforex]

i can tell you to this whole pricing issue the following: In the Philippines as of today july 02/11 Pawnshops sell of 14 k gold jewellery at about USD 2500 per oz . And we are still in relaxed times.

[candon1972]

@mbforex I got a 10 gram 18 K goldring at Laoag pawnshop for 500 euro... it was march 2011.. it had a small diamond also:) thats about 1500 euro pr.ounce.. they said 24,000 php was the only and last price I could have.. 

[ajballa231]

See what people are not realizing is that silver affected by the market...yes...for now!!!

Silver is really going to take its giant leap when it is globally known that silver is running out and that it is used SOOOO much each year for electronics, medical care, cloths, etc. Gold is hoarded as a back up for paper money. Silver is irreplaceable and is not being recycled. Silver will never stop going up but maybe take some minor setbacks along the way.

[fmagalhaes1521]

I am buying up as much silver as I can when I can. If it's going to be 500 oz to buy a house, then I can buy my retirement home when it happens.

[rejecct]

Soooo... anyone seeing that silver hit $49/oz...? i bought 50 oz at $43/oz. Got it in my safe at home. The dollar is going to crash... 

[powersamoan]

@rejecct silver is at 35 an oz right now. did u sell yours off? I'm wondering if it will fall further.

[dennie6666]

@rejecct Buy today Silver, is realy cheap !!! 

[raspberrybaggio]

Wow! I really liked that Bullion Coin Silver ring at the end:)

[chriscr123]

FREEEEEEEEEEEEEEEEEEEEEEEEEEEE­EEEEDOM!!!!!

[dennie6666]

$1500 to small next Decade !

[THEDROPPEDSOCK]

I was reading that the term 'available silver' has absolutely nothing to do with the total amount of silver available in the ground, it actually refers strictly to the amount of silver available to the market based on it's current spot price. It said that as the price of silver goes up the 'available silver' statistics change. For example a project that couldnt go ahead at the lower price could now go ahead as it becomes cost effective and feasible at the higher price. Any thaughts anyone?

[polygamous1]

@THEDROPPEDSOCK well what u said is right as they have mines with silver available but it cost more to extract it from the earth than the spot price is now because the spot price is manipulated vut as silver is needed more n more by industry the price Must go Up irrspective of the price to mine it as mine owners will be looking for the best price for their silver one way or another the bankers who oversold their silver stocks will have to face the music n pay up in the end

[THEDROPPEDSOCK]

@polygamous1 Thanks

[JesusDillinger]

Can someone tell me: Given the rarity of buyers for collectible coins and the likelihood of monetary collapse necessitating the use of silver and gold as money instead of fiat notes, why would a person buy the more expensive silver coins, such as the Canadian maple leaf, rather than cheaper private mint coins, bars or whatever is cheapest?

Noob wants to know.

[TheBlitz1]

@JesusDillinger nobody is going to care about a coins neumismatic value in an inflationary environment

[polygamous1]

@JesusDillinger i used to buy few coins on Ebay had them stolen but i was never sure how pure silver thewy where so i decided to buy coins from official mints what better than to know the few coins u hold are minted by the Royal Mint, or other official mints? that in itself u r peace of mind must be worth the little extra u pay n they have a better finish anyway

[debbiekraul]

Just bought 30 0z. today! Passed $30.00. Think JP is hearing our footsteps?

[rapemadrid5to0]

@debbiekraul i also bought 30 oz today every month i will try to buy 20 oz i will have to cut down on things i buy usually junk food and weed, its really not worth wasting money on materials that wont be worth nothing later that why we must invest in our future, good luck buying more silver and gold god bless you

[warsarewrong]

Google "crash jp Morgan buy silver" peace people

[rx4unyc]

CRASH JP Morgan Buy Silver

[K1RKH4MM3T]

@iMacbeth247 a lot of us like to purchase physical because if you can't touch it, you don't own it.

[iMacbeth247]

If your gonna buy gold or silver do it through the exchange. Why the hell would you want to own it your self. Unless your looking for a long long term investment to give to your grandchildren, who the hell are you gonna sell it to quick enough if it's value goes down.

[reginald58]

One of the more disingenuous frauds the citizens of the United States are being subjected to these days is coming out of the US Mint. For over 2 years the Mint has been illegally rationing gold and silver American Eagles and now the Director of the U.S. Mint, Edmond Moy, is finally on the hot seat.

"A congressional subcommittee has been asked to investigate the growing backlog in and foreign procurement of U.S. bullion and collectors' precious metals coin blanks manufactured by the U.S. Mint."

[Mrworktop]

$1500 Silver, pure fantasy. What about the VAT @17.5-20%? Take a look at the spot price and then scrap prices. Expensive to buy and cheap to sell = a bad investment. The only winners are the bullion dealers, goverment and the scrap dealers who will give you 50% of what its worth unless you sell on eBay. These bidders are buying over spot. Why? Because of videos like this.

[Seano71]

@Mrworktop well written and I agree.

[cramsa]

Just looking on the Gld/Slv ratio... silver is a better buy IMHO but to damn heavy.

[doctorjn]

I like what Mike is saying, but he never acknowledges that the main reason silver was $50/oz in 1980 was b/c the Hunt Bros. tried to corner the silver market.

I still think we could see dramatic silver increases - I'm just saying, he never really acknowledges that.

[Wittmann73]

even if Silver only reaches 150$ you still can make a fortune if you buy now

[iaf000]

WOW!!! $1500 silver!!! that's crazy but I really hope that happen! XD

[SilverInvestment101]

@iaf000 Any investment is a bet...But silver investment is a safe each way bet any way you look at it...the evidence is substantial. Get into silver!!

[iaf000]

@SilverInvestment101 I already got some!! and little bit of gold too!

one hedge fund manager said gold at $36,000 will not be ridiculous number once it happens! can you imagine what silver price will be then??? just crazy!! XD

[jayangli]

@SilverInvestment101 shud we buy etfs

[boochieboy814]

@jayangli NOOOOOOOOOOO!!!!!!! If you can't hold it, you don't own it!

[jayangli]

@boochieboy814 I got some pigs at home