$1000 per oz for silver

Silver is more rare than gold above ground.
Above ground supply at exchanges is at 150 million oz and total estimated supply is 1 billion oz
now compare that to 5 billion oz of gold.
http://www.silverinstitute.org/supply_demand.php

http://lmgtfy.com/?q=%22above+ground+supply%22+of+gold+%225+billion%22

Millionaires and billionaires know this but don't by physical, because even a million dollars move the price so they bet on silver with derivatives, most do not know they do not own real silver.

Silver OTC derivatives 203 billion!
http://www.bis.org/statistics/otcder/dt21c22a.pdf
http://silverstockreport.com/2009/BIS-and-updates.html

Look at the Market cap of silver, gold, and bonds
http://apps.finra.org/investor_information/smart/bonds/401000.asp
http://www.mckinsey.com/mgi/publications/gcm/index.asp
http://news.silverseek.com/TedButler/1161705933.php

17 billion for silver, 5.5 trillion for gold, and 33 trillion bonds for just the US alone!
So .0008% of bonds where sold to buy "Physical" silver that would double the price.
If .0024% of gold was sold and went into "PHYSICAL" silver it would double the price.

17 billion is like a cheap bailout and is a lower market cap than 5500 other stocks.

Now the longer it takes for people to see silver is rare the worse it is for all of us because silver could go extinct by 2020 according to the USGS. That can't happen as long as silver's price goes up making recycling a viable option but the longer the bankers hold down the price and the public remains ignorant the worse it is for all of us down the line. (well not for silver holders, but if we are rich and no one else is that's bad.)
http://www.resourceinvestor.com/News/2009/5/Pages/Silver-Long-term.aspx

Now if you think for ONE second that silver is not manipulated consider the fact that Madoff was not caught by the SEC for 30 years even though the SEC can see all the trades Madoff cleared and there was NONE!

If you think, well that has nothing to do with silver then take a look at the link about Morgan Stanly that charged people for storage of physical silver that's not there.
http://www.urbanministry.org/global-poverty-statistics
the US Geological says silver will be the first on the periodical table to go extinct by 2020.
1 short ton = 29 166

http://www.investmentrarities.com/ted_butler_comentary/10-23-07.html
Morgan Stanly was sued for selling silver and charging storage but not actual having silver then they said, under oath that it was industry practice. So most do not own physical even though they believe the bankers are holding it for them. LOL

http://www.forbes.com/2009/03/11/worlds-richest-people-billionaires-2009-bill...
There are 793 billionaires in the world any one of them could double the price of silver just by opening their mouth.

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/volcker/F...
The fed balance sheet used to be less than 800 billion, now it's 3.5 trillion printed money to buy those assets and that does not include items it written off as a loss!!!

Category:

Education

Tags:

• $1000
• per
• oz
• for
• silver

[jjdelg]

What's paper silver?

[davincij15]

@jjdelg

Go to any bank and ask for silver certificate owing you silver. That's paper silver. Another example is getting a promise of silver at a future date or buying stored silver at the perth mint.

[Jierongk]

If people wouldve bought when you made this video they wouldve double up already

[davincij15]

@Jierongk

Yep but most people would sell today because they think dollars is money.

[JohnWayneee1y]

im feeling like a bit of a dope because silver has dropped $150 a kilo since i bought it same for gold, they dropped like a stone the very next day.

[davincij15]

@JohnWayneee1y

You dont' know why you are buying it. I know people who have multimillion dollar net worth and purchased silver at an average of 38 and are not flinching. The know all the details of silver and are not interested in the day to day or month to month moves.

Try figure out that gold and silver is money and how it's manipulated once you KNOW you will buy without fear and the only regret you will have is not getting more.

[JohnWayneee1y]

@davincij15 i do know this, all i am saying is to buy it at the right time. Es[ecially when tax on it is so high, where i am 20%. Unfortunately for me i chose th eworst time last year to buy it. This year is going to be off the hook, $56 baby

[JohnWayneee1y]

@jjdelg i think its the manipulation everyone talks about

[jjdelg]

@TheBako23 He has already watch Zeitgeist Addendum he knows how it works.

[TheBako23]

hey davincij15 watch this bro: the american dream - understanding money and the banking system