China only want their citizens to buy gold n silver so one day they can take it , What starve us westerners of Silver n Gold? who knows !! I don't Trust China
There was no hard evidence of that 125% offer was there? I love your analysis and am bullish on silver, but why give rumors more credence than they deserve?
I think gold had always been carefully used, but silver have been used like a recyclable can, it may or may not get recovered. (look at TVs and Computers)
I think most of the silver mined is in the land fills today.
your a good man keep it up. did you hear the story that silver will become the first element on the periodic table to be exhasted? the national geographic said this
Its just a standing joke as every time I take my eyes off the silver chart and go out for coffee something fairly big happens. Don't panic its just coffee :o)
Great video. Quick point I wanted to through out - by settling in dollars, they're ensuring their own demise because it will cause A) people to jump in with both feet and demand physical delivery, and B) we know that they're going to settle the debts by printing the money out of thin air which means that the follow gets further devalued, which pushes the G&S even higher. Could be the beginning of a very viscous default cycle.
If every person in the world wanted to buy just 1 single Oz of silver they'd be an almighty fight 'cos there just simply is not enough metal to satisfy demand. I decided to buy a large village worth before the news gets out ; )
For a pure investment, lights, seeds, time, space, fertilizer, Marijuana is a easy way to produce wealth....
Listen to Jim Rogers, the ecomomist
He says farmers will be driving ferrari's
marijuana is the worlds number 1 crop
Greenhouses are the future, They will be everywhere by the close of 2020 and those who grow marijuana and organic foods will be 10 times better off than those who don't.
MARIJUANA IS A COMMODITY. DON'T GET FOOLED BY ITS STIGMA
I really dont think we can say its rarer than gold, just look up the mining company investment PDF's they detail production and cost, in fact it scared me quite a bit when I saw amongst all of the mining companys cost of production per ounce of silver ranged from $1 to $6 with a median of about $4 thats pretty cheap and a ratio of 70:1 with gold and thats information directly from the source so be careful.
the thing is its an industrial metal and consumed heavily. Annually, with all the mining for gold only about 2% is added to world supply. In the earth's crust, silver is more common than gold by a ratio of 16:1
but this doesn't speak to supply or demand. The cost of produciton may be low bu that doesn't mean that it isn't scarce and that there is heavy demand - both factors that would increase the price regardless of a low cost of production.
The fact that it's more rare than gold above ground is my main reason it's bullish because they banks that leased the silver are not expecting it back.
Nice vid.
RepublicConstitution 1 year ago
Protect yourself against inflation. Invest in silver now because it's going to go up alot over the next few years buddy. silversnowballdotcom/3085
madamoney 1 year ago
hmm somehow i missed this, glad i caught it
odin422 2 years ago
got rid of the pyrimid for your logo?
STOPPUCKNOW 2 years ago
excellent thanks
fezz569 2 years ago
China only want their citizens to buy gold n silver so one day they can take it , What starve us westerners of Silver n Gold? who knows !! I don't Trust China
but thats just me.
AustralianinfoWars 2 years ago
The US govt has no silver?
That's it, I'm sold! Anything that's bad for the US govt is good for me!
drutter 2 years ago
There was no hard evidence of that 125% offer was there? I love your analysis and am bullish on silver, but why give rumors more credence than they deserve?
rentonsentinel 2 years ago
Well bill murphy, chairman of gata, was given first hand information.
I trust bill... I think he has more to lose by spreading rumors than not....
There are a LOT of rumors circulating, some I think carry more weight than others... that is one I believe makes sense as well...
stellaconcepts 2 years ago
I think gold had always been carefully used, but silver have been used like a recyclable can, it may or may not get recovered. (look at TVs and Computers)
I think most of the silver mined is in the land fills today.
phantomcharger 2 years ago
Great refresher in why I love Silver. Thanks John..
PS I am so glad you keep posting. Gold will maintain wealth. Silver will make you rich... 8)
johnandrea1234 2 years ago
I really hope so, I bought 2 kilos recently and will be buying another 2 kilos soon
ijustretired 1 year ago
Gold is the king of currency. However, silver has a higher upside.
buyred 2 years ago
Hey John...
Bought 7 Kilos of shiny (philharmonics shiny :D )...
GO SILVER !
ahmedvienna 2 years ago
your a good man keep it up. did you hear the story that silver will become the first element on the periodic table to be exhasted? the national geographic said this
charliehelyes 2 years ago
Thanks John!
fal2grace 2 years ago
great vid
ShaneChiswick 2 years ago
Never did hear from Ainslee.
slobomotion 2 years ago
2009 year's low was in Jan : ) ``` remember learn how to hold.
brodudemonkey 2 years ago
Cheers John
I'll just flick the kettle on mate.
GuildF40 2 years ago
What do you mean by this?
sa11ee 2 years ago
making coffee !!!!!!!!
GuildF40 2 years ago
And? I'm confused as to why you are letting us know :(
sa11ee 2 years ago
Its just a standing joke as every time I take my eyes off the silver chart and go out for coffee something fairly big happens. Don't panic its just coffee :o)
GuildF40 2 years ago
Yeah I thought it might be a little inside joke like that. Thanks for clarifying ;)
sa11ee 2 years ago
excellent presentation
rollinglibs101 2 years ago
John,
Great video. Quick point I wanted to through out - by settling in dollars, they're ensuring their own demise because it will cause A) people to jump in with both feet and demand physical delivery, and B) we know that they're going to settle the debts by printing the money out of thin air which means that the follow gets further devalued, which pushes the G&S even higher. Could be the beginning of a very viscous default cycle.
yogiudo 2 years ago
Viscous, as in sticky?
slobomotion 2 years ago
hahah
sorry typo
yogiudo 2 years ago
If every person in the world wanted to buy just 1 single Oz of silver they'd be an almighty fight 'cos there just simply is not enough metal to satisfy demand. I decided to buy a large village worth before the news gets out ; )
ShillBasher 2 years ago 2
silver and marijuana will be number 1 and 2 investments of the 2010-2020 decade..
Invest in both
HumanAccount 2 years ago
Buy one sell the other.. but don't get caught or you'll lose both!
P.S. don't get high on your own supply ; )
ShillBasher 2 years ago
Coffee. Equitable coffee.
slobomotion 2 years ago
@HumanAccount
marijuana, lol? explain...
bluehorse888 2 years ago
For a pure investment, lights, seeds, time, space, fertilizer, Marijuana is a easy way to produce wealth....
Listen to Jim Rogers, the ecomomist
He says farmers will be driving ferrari's
marijuana is the worlds number 1 crop
Greenhouses are the future, They will be everywhere by the close of 2020 and those who grow marijuana and organic foods will be 10 times better off than those who don't.
MARIJUANA IS A COMMODITY. DON'T GET FOOLED BY ITS STIGMA
HumanAccount 2 years ago 2
That may be true but as a drug it causes MENTAL ILLNESS.
alstar70 2 years ago
What mental illness does marijuana cause?
HumanAccount 2 years ago
@HumanAccount - schizophrenia, depression, and others, it certainly darkens people personality.
alstar70 1 year ago
@alstar70 hahahahahhahahahhahahahahahahhahaah
HumanAccount 1 year ago
I really dont think we can say its rarer than gold, just look up the mining company investment PDF's they detail production and cost, in fact it scared me quite a bit when I saw amongst all of the mining companys cost of production per ounce of silver ranged from $1 to $6 with a median of about $4 thats pretty cheap and a ratio of 70:1 with gold and thats information directly from the source so be careful.
Danster82 2 years ago 2
the thing is its an industrial metal and consumed heavily. Annually, with all the mining for gold only about 2% is added to world supply. In the earth's crust, silver is more common than gold by a ratio of 16:1
Seano71 2 years ago
but this doesn't speak to supply or demand. The cost of produciton may be low bu that doesn't mean that it isn't scarce and that there is heavy demand - both factors that would increase the price regardless of a low cost of production.
sharehard 2 years ago
sorry - this was a reply to Danster82
sharehard 2 years ago
@ Danster82..... I didn't know that "rarer" is a word. Thanks Mate for adding to my vocabulary!
kylextown24 2 years ago
The fact that it's more rare than gold above ground is my main reason it's bullish because they banks that leased the silver are not expecting it back.
davincij15 2 years ago 2
Beautiful recap John, Thanks!
AfterTheFox75 2 years ago 2
No offence stella, but there is no way I could get all my silver into a nutshell (not even a coconut).
Just kidding matey, good video TYVM.
NowisEvollovetion 2 years ago 3