I'm not sure about that. I think, only silver that is above ground (already mined) are in huge shortage, that's because NO one's mining the damn metals.
Silver price is being manipulated and pushed down so much more than gold, there is almost no money to be made in mining Silver. So mining companies are not interested in looking for silver and they go where the monies are, Gold.
Silver has been recognized as money for 6000 years, so much so that in 14 languages the word for money and silver are the same.
My small statement about silver is still irrelevant to changing your beliefs, take the time to learn about silver. Read all you can to help you form a conviction because all your life you have lived with paper money, it will take a lot of study to break that bad habit.
I know first hand because I did not believe it at first.
Silver is undervalued because people think dollar has more value than gold/silver. After the gov't took the dollar off the gold standard, it has lost track of debt and it has reached an unprecedented point which cannot be sustained; eventually like all ponzi schemes, it will collapse and people will realize the dollar is not worth a dollar. Once the house of cards starts falling and people realize the currency is dying, people (including the NWO) will start buying up any/all silver and gold.
Yes but lets hope enough of us buy it first, if we do one of two things will happen...
The NWO will fail as the amount of people that own silver is enough to rebuild their local economy.
OR
They will see that they can't get enough and support the dollar with drastic measures such as selling parts of America and using others to guaranty the debt and paper money.
I don't think the guys behind the NWO will sell a part of America to pay debt. Their goal is consolidate more and more countries into one, for easy control. Breaking up a nation will work against this consolidation plan.
I believe they would devalue the dollar pretty much like Germany after WWII and introduce a "solution" to our economy problem by introducing a Global Currency system.
It's both an industrial metal and precious metal. It is second to gold, and obviously there is not enough gold for everyone in the world. Silver is a little more practical to trade or barter with because it's worth less and can be easier to trade with smaller coins.
parsnip ... flash news china tells citizens buy silver.. if 1.3 billion chinese go out and buy 1 physical oz of silver .. each .. comex would fold like a brightly coloured piece of paper in the hands of an origami master.... woof...
Most Chinese people get paid 3 dollars a day, 1 Tenth of an oz of silver including production costs, a standard wadge in most of our human history.
Finally origami is Japanese.
:)
The real question is since most Chinese save half of there wadges is, do they remember their history? Their country has seen the most hyperinflation episodes, aprox 1600 of them.
One of the key mistakes to avoid - call it the peril of predictions -- is to never marry a forecast, especially your own. People wrap up too much ego in what is essentially educated guesswork. If you start with the assumption that your prediction is going to be wrong, its real easy to reverse yourself when necessary .
Yes good advice. As predicting the date of a major event is best left to those that plan it. ;)
Currently there are lots of options for the USA to keep the world reserve currency going a while longer. So saying it will end soon is just a fun guessing game at best.
Actually it did just silently in December you no longer can get 1 killo bars for delivery and in April a mini Silver contract of 1000 ounces can not be delivered as well. Both contracts can only be liquidated into cash.
Thus if the exchange is only cash how can it represent the price of the underlying commodity?
well tht one dude from russia , russian economist at some university, talked on the media how america will be split up into sections. never heard tht before, and now im hearing it again that its a possibility from another source. humm, well one thing is for sure, america today will not be the same america 10 years from now
This is beyond comical. What's next? ...30, 60, 90 day bonds? ...6 months? 12 months?
Get out your tin-foil hats please. I think the Fed is buying time because they are on board with collapsing the dollar in lieu of a single, multiple geographical currency to replace it.
But ...the Presidents "Plunge Protection Team" is playing games as though it were also the "Precious Metals Price Suppression Team", and it will not work.
Case in point, the past week has been an indicator of volatility.
What a total mess ! There just doesn't seem an end in sight! I hope the American taxpayers put these government crooks on trial one by one for all the damage and suffering they have caused by their poor decision making and sheer greed. Sounds like the US needs the kind of leadership Ron Paul offers who would actually have the peoples best interests at heart.
i als heard that the FED has people in other countries. The FED gives them money (they found them in a drawer, or maybe made out of nothing) with which they buy this bonds.
Just discovered you on YouTube. Good job man. Keep up the truth !
AdamDiddy 2 years ago
Thanks
davincij15 2 years ago
Davinc,
i hear that Silver will be the first element on the periodic table to become extinct.
This is suppose to start around 2020 -
if this is true - surely Silver will be priced in dollar terms higher than Gold - or at least equal?
dojufitz 2 years ago
I'm not sure about that. I think, only silver that is above ground (already mined) are in huge shortage, that's because NO one's mining the damn metals.
Silver price is being manipulated and pushed down so much more than gold, there is almost no money to be made in mining Silver. So mining companies are not interested in looking for silver and they go where the monies are, Gold.
superchink28 2 years ago
dont block the Ron Paul poster when youre talking!!!
bluedonkeyman 2 years ago
LOL :)
davincij15 2 years ago
Questions, even if the world economy goes crazy won't silver be suppressed due to it being a industrial metal?
whateverhappened2 2 years ago
Silver has been recognized as money for 6000 years, so much so that in 14 languages the word for money and silver are the same.
My small statement about silver is still irrelevant to changing your beliefs, take the time to learn about silver. Read all you can to help you form a conviction because all your life you have lived with paper money, it will take a lot of study to break that bad habit.
I know first hand because I did not believe it at first.
davincij15 2 years ago
Silver is undervalued because people think dollar has more value than gold/silver. After the gov't took the dollar off the gold standard, it has lost track of debt and it has reached an unprecedented point which cannot be sustained; eventually like all ponzi schemes, it will collapse and people will realize the dollar is not worth a dollar. Once the house of cards starts falling and people realize the currency is dying, people (including the NWO) will start buying up any/all silver and gold.
jamezbond78 2 years ago
Yes but lets hope enough of us buy it first, if we do one of two things will happen...
The NWO will fail as the amount of people that own silver is enough to rebuild their local economy.
OR
They will see that they can't get enough and support the dollar with drastic measures such as selling parts of America and using others to guaranty the debt and paper money.
davincij15 2 years ago
I don't think the guys behind the NWO will sell a part of America to pay debt. Their goal is consolidate more and more countries into one, for easy control. Breaking up a nation will work against this consolidation plan.
I believe they would devalue the dollar pretty much like Germany after WWII and introduce a "solution" to our economy problem by introducing a Global Currency system.
superchink28 2 years ago
I agree it's just an option to keep the game going longer.
davincij15 2 years ago
It's both an industrial metal and precious metal. It is second to gold, and obviously there is not enough gold for everyone in the world. Silver is a little more practical to trade or barter with because it's worth less and can be easier to trade with smaller coins.
jamezbond78 2 years ago
chena3 2 years ago
lol
Most Chinese people get paid 3 dollars a day, 1 Tenth of an oz of silver including production costs, a standard wadge in most of our human history.
Finally origami is Japanese.
:)
The real question is since most Chinese save half of there wadges is, do they remember their history? Their country has seen the most hyperinflation episodes, aprox 1600 of them.
davincij15 2 years ago
poetic license...
woof ..
'chinese accent'
chena3 2 years ago
One of the key mistakes to avoid - call it the peril of predictions -- is to never marry a forecast, especially your own. People wrap up too much ego in what is essentially educated guesswork. If you start with the assumption that your prediction is going to be wrong, its real easy to reverse yourself when necessary .
tfrenn 2 years ago
Yes good advice. As predicting the date of a major event is best left to those that plan it. ;)
Currently there are lots of options for the USA to keep the world reserve currency going a while longer. So saying it will end soon is just a fun guessing game at best.
davincij15 2 years ago
So the Fed bought its own debt?
BLynchCAN 2 years ago
Hey...has the comex "defaulted" yet???
j25ack 2 years ago
Actually it did just silently in December you no longer can get 1 killo bars for delivery and in April a mini Silver contract of 1000 ounces can not be delivered as well. Both contracts can only be liquidated into cash.
Thus if the exchange is only cash how can it represent the price of the underlying commodity?
davincij15 2 years ago
well tht one dude from russia , russian economist at some university, talked on the media how america will be split up into sections. never heard tht before, and now im hearing it again that its a possibility from another source. humm, well one thing is for sure, america today will not be the same america 10 years from now
Daniyoyo 2 years ago
Great stuff! Thanks davinci.
fal2grace 2 years ago
This is beyond comical. What's next? ...30, 60, 90 day bonds? ...6 months? 12 months?
Get out your tin-foil hats please. I think the Fed is buying time because they are on board with collapsing the dollar in lieu of a single, multiple geographical currency to replace it.
But ...the Presidents "Plunge Protection Team" is playing games as though it were also the "Precious Metals Price Suppression Team", and it will not work.
Case in point, the past week has been an indicator of volatility.
Frequencitee 2 years ago
Ive only got one tin foil hat, am I supposed to have multiple tin foil hats?
Silveracity 2 years ago
30-minute bonds:)
fal2grace 2 years ago 2
What a total mess ! There just doesn't seem an end in sight! I hope the American taxpayers put these government crooks on trial one by one for all the damage and suffering they have caused by their poor decision making and sheer greed. Sounds like the US needs the kind of leadership Ron Paul offers who would actually have the peoples best interests at heart.
sarahsgift1 2 years ago
i als heard that the FED has people in other countries. The FED gives them money (they found them in a drawer, or maybe made out of nothing) with which they buy this bonds.
dontblamethemessenge 2 years ago
Signing not singing
odin422 2 years ago
badger bonds
backed by parsnips ...
chena3 2 years ago
china is already mentioned theyd be interested in bond denominated in Yuan
centervilletn 2 years ago
the dollar
is the
paris hilton
of the
global economy...
parsnip up
peoples ...
chena3 2 years ago
Yup! Yup! Yup!
Also check out Karl Denninger's video from tonight - he talks about the 7 year auction from last week and today's Fed "buy back":
1:36 mark on watch?v=WA9Rm77rq-4
MengersDisciple 2 years ago
Doh! Shoulda seen your market-ticker link before posting... oh well.
MengersDisciple 2 years ago
The PTB are gettin' tired... They're hardly even trying to hide their screwups, anymore. ='[.]'=
Raycheetah 2 years ago 3
I think they work from the assumption that just because they tell a lie it will be believed.
They seem unable to accept that we have functioning brains.
It'll be fun hearing Bernanke explain this one.
cmstyz 2 years ago 4
Here's another option,...
use military power to steal resources from other countries.
WTF, we may as well become an obvious evil empire.
tyronebiggums3 2 years ago
use military power to steal resources - check
become an evil empire - check
Got any FRESH ideas? ;)
drutter 2 years ago
@ tyronebiggums3
We already tried that with Iraq.
BOBSMOKETV 2 years ago
That's a Work in Progress.
edmack4me 2 years ago
"Bri singing" is a weird name for this video. Nice to see your smilin' face man ;)
drutter 2 years ago
is it me or is this thing heating up baby!
I dont get the title tho? Bri Singing?
stellaconcepts 2 years ago 7
Maybe Bri is a fat lady he knows.
rydaug79 2 years ago
Sorry it was late and my Niece Briana was fooling around on my computer before I did the video.
davincij15 2 years ago
lol :)
stellaconcepts 2 years ago
thanks for the info
silverjunky999 2 years ago 2
monetization,, no other bandaid left folks. time is ticking.
Repomex01 2 years ago