The world's richest man looks set to invest in silver.
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Take some colloidal silver that should clear the flu.
1 year ago 3
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evening squire have you tried colloidial silver through a nebulizer great for owt like that mate.bought half sovs with me little girls money i was putting to one side for her about 18 month back ive bit the bullet and blobed em moving her in to silver tomorrow or looking at kitco maybe keep my powder dry for a few days . wish i'd bought her silver from the start but the long term outlook for silver blows gold away .
All Comments (28)
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@BiggerThinking1 not really, most silver that is invested in is in etf form. Im sure he can corner the market just buying up paper silver too... there is still alot of physical silver out there for sale, theres a lot of people taking profits on their silver at the moment
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@donniebrasco2 but isnt it all already in investors hands - so they cant get their hands on it without bidding the price up?
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@BiggerThinking1 of course it can be cornered more so than ever, there is alot less to buy and thus corner...
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@donniebrasco24 can silver be cornere now that most of it is gone and its been rising steadily for 10 years now - meaning ownership is so well spread out that no-one can come into the game now and buy it all up
???????
Anybody got any ideas on this?
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I don't think its true. I find it odd, that news of him getting into silver are posted first before he actually in silver yet
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He was already highly invested many years ago. He is just focusing on probably investing in mining companies which is liquid for him. I dont see him buying any physical, maybe the PSLV in vast amounts at one time.
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Great information, Andy. Thanks for it.
I'm quite happy to hear about this. Very interesting story.
It would be quite a giggle to have gotton into silver before Mr. Slim.
(Plenty of tea with honey for a sore throat.)
Goldwater
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Thanks for the clarification Andy. It doesn't really matter if he is looking to buy physical or a mining company. He's still going to get exposure to the silver price - he owns the company, he keeps the silver and squeezes the already tight marker even further. There are those a lot clever than me who argue that he will likely get more leverage from a company mining silver than owning the physical.
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I hope you didn't sell any of your silver to finance moving house :)
That's real persistence Andy - 30 takes for the vid, what a hero! The flu is rampant in the UK this year, for sure.
In terms of accumulating silver, you were well ahead of the game anyway. So, being able to add to our positions is just a bonus now.
For those who are new to the silver game, the price versus the fundamentals are still exceptionally good, to say the least. So, don't be put off.
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@Doenietmeermee slim is rich in mexican! lol
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Good to see you back in the saddle mate, and pleased you're on the mend.
Another great vid, look forward to more in 2011.
Hope you managed to get some more silver before the dreaded VAT increase.
unixsystems 1 year ago
@unixsystems Cheer's, yes I am slowly getting rid of this bloody flu.
I had to have about thirty goes at making this short vid as I just could not stop coughing.
I have not bought any silver for about a month now, been to busy moving house. It has cost me a damn fortune.
I am keeping an eye out though for any potential bargains in the offing.
Andy.
NowisEvollovetion 1 year ago
Sorry guys and gals I misunderstood the article, Mr Slim is looking to purchase Fresnillo, he does not already own it.
This, is aparently the best way for a man of his wealth to buy into what is a relatively small market.
Andy.
NowisEvollovetion 1 year ago