Silver so far in 2009

[ok1jwc]

They will trade silver only if you can still buy goods and services with the dollar.

In other words, it depends on if the dollar takes years to completely return to its actual value (zero), or whether it takes only a few months to hyperinflate.

If the collapses too rapidly no one will trade silver or gold for paper, but by that time people will be accepting these metals directly for goods and services.

Silver could go to a billion an ounce but by then NOONE will trade you silver for paper

[sugmad72]

I do have one concern that always pops up in my mind , when you here comments like gold is 5000 per once silver could possibly get to 500 an ounce ,while it sounds exciting , my question is who would be the buyer

if the dollar collapse or goes into hyper inflation which does seem likely , this would be the catalyst for the type of movement in silver that everyone is talking about

who would be the buyer of silver at that point

why would u trade silver for worthless paper

[prepare2008]

Thanks for the post youve got some great info and the website is excellent looking forward to hear what youve got to say on the silver mining stocks

[nookiboi]

Silver has done real well this last week, could this be the start of a run?

[stellaconcepts]

looking like it more each day

[Daniyoyo]

why is gold worth anything? besides it beem a metal humans cant produce..I mean silver has real applications for us in real life..medical, technology, etc..but GOLD is just..well pretty gold unless i missed what is so special about it besides its beauti and how it makes us feel

[acidwarp514]

gold is use in all sorts of expensive technology . Used by govts

[Daniyoyo]

if this is true, then why over 90% of all the GOLD that was dugg out the ground ever, is still sitting in a vault, or stored away somewhere. silver is comsumed and is a shortage, i dont think GOD application wise will ever have a shortage

[stellaconcepts]

Golds value lies in its ability to be currency. I'll do a vid on it sometime as its something I've done a little research on... but gold is valuable because it is just the right amount of "rare" if that makes sense... its an immutable currency - and that has value.

Oh - and theres the jewelery application as well.

[ok1jwc]

you are right, however gold has a pretty fixed quantity, its rare, its durable, its homogenious, its easily divisible, and it has a high weight to value ratio.

That is why it will ALWAYS be, and has always been, money,

It has been a store of value for over 6000 years, and will be one for as long as there are humans.

[Daniyoyo]

what i am talking about is application, GOLD is worth so much more than silver but why? over 90% of the GOD that was EVER dugg from the ground is still on the earth in a vault or stored away, u can not say the same for silver, silver is about to be the first element to leave the P-table becasue of consumption, all im saying in regards to supply and demand, why is GOLD worthwhats its worth and silver is worth whats it worth,

[dojufitz]

Whats you Fav Silver - the smallest i buy is the 10oz - for value.

Do you buy the rounds?

[stellaconcepts]

thats like asking which child I love the most... they are all good ;)

I like coins cause their pretty but i like bars cause there is more silver in em ;)

Most of my silver is in 1kg bars, but I do have some 100oz and a handful of 10 and 20oz as well as a truckload of coins (these have been my latest purchases cause all my assets went into silver now its just paycheck to paycheck purchases)

[JurkoffJay]

how many ounces are you up to now.. if you don't mind me asking.

[stellaconcepts]

enuf for me ;)

[JurkoffJay]

come on dude. Don't be like that. 8^(

5000oz?

[JurkoffJay]

Yeeaaaaah nigga. HAHA! You got about almost that much. You can hide from me. HAHA!

You rich ass bastard. HAHA! Let me hold some of that shit for you, bredgrin.

Naw. I'm joking. I don't want your silver man. I'd rather smoke a blunt with you and chase some of them fine ass Austrailian girls you got running around.

[ohio1998]

I'm a seller after $20 an ounce!!!!!! I've averaged down to $14 an ounce. Goddamn premiums kept me from getting it really cheap ($9).

[stellaconcepts]

There will be plenty of people wanting to buy it from you at those prices at least - wont have a problem selling it ;)

[ohio1998]

Hey man! have you read any of my posts? Send me a message. I've been buying silver since last March, but i've been interested in economics since 2004 when the housing bubble was heating up! People were laughing at me when I told them to move their 401k's to cash last year! I buy silver coins based on melt value. I've moved away from SilverEagles as the premiums are too high. I've moved to old pre 1964 US coins.  Bullion bars and rounds are cheap, but not as cheap as 10x face US coins!

[JurkoffJay]

Thanks for being such a kewl guy.

Big ups!

[tradergee1]

EGO is in an upward wedge and should have a breakout next week! Also DROOY is the best looking Silver stock I can find right now.

[alienresearch]

Yo ! , stella , what do you hear about feb deliveries on the crimex , i mean comex ? please reply & let me know . . thanks

[stellaconcepts]

reserves are getting low... but look to the lease rates first before worrying about a comex default.

[stealinator]

Hoorah, JC has his vollume up finally :) Silver not backing down from this fight. 69:1 ratio

[johto]

Just broke 13.12 USD$

:)

[ragratt]

ha. guess u just answered my question at the end

[ragratt]

I LOVE YOUR CHANNEL!!! i purchased silver at $11.10 USD just before it exploded. do u think its a good time to buy or should i hope and wait for it to dip down a bit again?

[JurkoffJay]

Didn't you just watch the video?

He said just buy!

[tradergee1]

If you bought at 11.10 I would be watching the SLV at the 200 day moving average- 13.40 right now . I expect the SLV to retest the 11.50 level so I would wait to see where it finds new support and buy more then.

[btbking]

USD$ 13.010 as of now.

Do you think the Australian government might confiscate our PMs if things get nasty?

[stellaconcepts]

they can try ;)

no - i dont think so - mainly cause nobody owns it like they did in the great depression. its not worth it for them to impose such draconian measures for little result.

the problem isnt that the people have PM's - the problem is there is NONE LEFT (silver) ;)

[4rcane]

its a good thing you're talking about silver in general and other stuff. I got a bit worried, when one of your video before said youll be talking about silver STOCKS from now on. Sounded like thats all you be talking about

[davincij15]

Keep in mind this is the paper price and most people driving the paper price is on margin.

Banks got the spying bill not for terrorists but to spy on investors to determine when to short.

[stellaconcepts]

banks have been shorting, but they are now turning their positions around (hence the price increase).

speculative investors on paper silver have been SMASHED.

Not saying it wont happen again - but as per the COT report - there ain't that many spec longs left in silver... they are all dried up - not so with gold... gold still has a lot of spec interest.

[wordsworth727]

Thanks for the vid. Always very informative!

[ramp31]

I got a question ? what happened to the comex default

[alienresearch]

Yea ! is'nt feb a delivery month? let me know if he replies to this , ok?

[stellaconcepts]

watch the lease rates before waiting for a comex default

[HiredGunz98]

John do you have a link on the stories about China/Saudi's no longer buying U.S T-Bills?