Reasons to own silver

Due to increased demand from industry and investors, silver exports from China are expected to drop about 40% this year. And that's actually an improvement; customs data show exports plunged almost 60% through the first eight months. China exported about 3,500 metric tons of silver in 2009, but has exported only 970 tons through August of this year.

What does this mean? China is the world's third largest producer of silver (after Peru and Mexico), so the amount of silver coming to the global marketplace this year will drop by more than 74 million ounces. This represents roughly 8.3% of total annual global supply from 2009. If worldwide demand continues at its current pace, where is the extra metal going to come from? This alone tells us the price of silver will move higher.

The next item I sleuthed out was that the U.S. Mint is expected to release a new five-ounce silver bullion coin this year, the first ever. The coin will be three inches in diameter and have a composition of .999 fine silver.

I've read the five-ounce bullion coins will be near-exact replicas of the America the Beautiful quarters. There will reportedly be five different designs, and the mint plans to produce 100,000 of each. I can't wait to see them.

The coins will be classified as bullion, meaning they should be available to the same dealers already authorized by the mint. This will likely create excitement in the silver market, especially when you consider its affordability. At $23 silver, the five-ounce bullion coin will cost $115, plus premium. One ounce of gold runs $1,340 as I write, while five ounces will cost you $6,700 plus commission.

Perhaps most bullish is the fact that silver is vastly under priced when compared to gold. Look at it this way: gold is currently priced 57% above its 1980 nominal high of $850; silver would have to more than double to reach its 1980 nominal high of $48.70. And that's excluding any inflation-adjusted calculation. Yes, silver's spike was partly a direct result of hoarding by the Hunt Brothers, but my question to the skeptics is this: what's keeping us from seeing similar stockpiling today? What if there are several Hunt Brothers out there?

This silver sleuth says, buy some silver on the next dip. There's lots of reasons you won't regret it. 

By Ed Ed Steer,editor of Ed Steer's Gold & Silver Daily

How to buy and sell gold safely

The jump in gold and silver prices illustrates that it's not just supply and demand

issues driving the precious metals higher – the decline in purchasing power of the Dollar is also showing up in the price of physical goods. It is because stashing wheat and cotton in the garage is an impractical way to protect purchasing power that investors are increasingly looking to protect themselves with the monetary metals – a trend that is now very much in motion.

But before buying gold or any precious metals one should understand how the market works, what are the risks involved, and how to buy it SAFELY.One of the books that explains it in plain language is  Buy Gold Safely! 

Here is some of what you get in this book:

• All of the advantages of gold investing, including the opportunity to keep your investments totally secure, even in tough times.  Once you “get it”...you'll want to share this with others so they can avoid the same fate.
• Starting on page 3, you're going to discover what your advisor is intentionally holding back from you about gold investing...and why they have no interest in telling you.
• Starting on page 25, discover the type of gold investments they hope you don't discover...because it will cost them their precious commissions!...

CLICK HERE FOR MORE DETAILS

Gerald Celente on Economics 101 "Americans need to hear this"

Gerald Celente of the Trends Research Institute at TrendsResearch.com joins The Corbett Report to discuss the ongoing foreclosure crisis in the American real estate industry. He discusses the criminal mentality that makes these frauds possible and how people can protect themselves by unplugging themselves from the system. 

What can people do to combat the current crisis?

G.Celente:

1.Don't spend an extra dime you don't have to.

2.Everything you put in your mouth and in your mind, make sure its filled with nutrition.

3.Turn away from that garbage on TV that they call news.

4.Invest in Gold

"The only way this country is going to come back is if we put America first."

#1 Secret Why Gold & Silver Prices Will Continue to Explode Higher

If money is not printed as debt under a true gold standard there is no need for any citizen to pay tax to pay off interest on the national debt. This is by far the largest chunk of the 33% we cut away in the example. The other portion of the 33% chunk consists of gov't transfer payments, which would be unnecessary under a gold standard. If there is no need to pay tax to pay interest to bankers on all money that is created, then people would have more money AND a steady purchasing power that they do not have under our current system. Thus, nobody would need the services provided by any transfer payments. Other "transfer" payments just consist of taxes that serve as a "wealth transfer", transferring money from citizens to the owners of the Fed Reserve that could be abolished under a true gold standard. Remember when Kennedy backed US dollars with silver? The money was printed with the words "United States Note", NOT "Federal Reserve Note".

The tax we say would not exist under a gold standard actually disappeared under a real life example with these Kennedy notes (while they lasted). And as far as Soc. Security, people wouldn't need SS because their wealth would soar and SS would become obsolete. So it's a reality that there would be no need for SS under a TRUE gold standard.

Silver money for Americans

Fiat money in the US is in an advanced stage of decomposition and when money rots, the whole social, economic and political structure of the nation rots with it. A return to sound money is urgent.

The problems facing the US are so gigantic in nature, that an all-round solution to them is impossible when analyzed in practical terms. A return to sound money is a return to gold and silver as currency.The only way open to regain a sound footing of real money for the US economy must be by establishing a process through which there will be a gradual and natural return to sound money. It is impossible to reform or improve the present monetary system of the US any other way.

In today’s world, a world where the Fed is probably going to print another huge amount of money out of nothing by “QE2”, explicitly in order to cause the American people to have inflationary expectations, is it possible to think of silver money returning to circulation in America?

The answer is “Yes”! But, it must be done by a new method. This new method will operate gradually by introducing silver money into circulation in parallel with the present monetary system of “fiat” paper bills and digital currency.

Silver went out of circulation because the monetary value of silver coins was engraved upon them. When the market price of silver rose, and the value engraved upon the coins was left behind and below the value of the silver in the coins, the coins became more valuable as bullion than as coins. The coins were melted down. The silver coinage disappeared.This gives us the clue to restoring silver into circulation: eliminate the engraved value.

In order for a silver coin to circulate as money, in parallel with paper “fiat” money, it must have a legal tender monetary value. The Treasury must attribute a legal tender monetary value to a one-ounce coin which has no engraved dollar value, in order to fit this coin into the scheme of the prevailing fiat monetary system.

 

For the complete article click Here

Silver Investment Options; which is right for you?

	Advantages	Disadvantages
Exchange - Traded Funds (ETFs)	Its mainly for investors who seek exposure to the physical silver market but have no desire to possess the metal.Investor can buy shares in a trust that owns silver bullion.	Because ETFs are created to reflect the price of silver, the market price can be as unpredictable as the price of silver on any given trading day...
Silver Bullion Bars	Usually the least expensive convertible to cash.	Must be stored securely.Yields no interest.
Silver Mining Stocks	Offers capital appreciation opportunities. Depends on the company's management and operating strength. May yield a dividend.	May require greater investment than small physical bullion purchases.It also requires knowledge of equity market.
Silver Mutual Funds:	Many mutual funds offer investments program in silver and precious metals	May require greater investment than small physical bullion purchases.It also requires knowledge of equity market.
Silver Bullion Coins:	Relatively inexpensive.Its small and easy to store. Easy to transport, internationally negotiable.	Must be stored securely. Yields no interest. Premium over bullion bar prices.
Silver Certificates & Storage Accounts	High liquidity but at competitive prices. There's no storage risk, no sales tax.	Several days delay in delivery of silver and its not in physical possession of owner.

For the complete list click Here

GLOBAL GOLD RUSH! Why Gold And Silver

During the last bull market in precious metals, it was basically only Northern Europe and North America driving the price of gold and silver skyward. This time around it's the entire world.
Not only are the masses running to a monetary safe haven in gold and silver, but they are finding out that silver is one of the most unique elements on the planet, with irreplaceable properties that we rely on in our modern day lives. Every day new uses are being found for silver, from medical treatments through to solar energy and critical computer components...it's all silver!

EXPOSED! Gold & Silver ETFs Potential Fraud

If you are going to invest in gold and silver please investigate ETFs for yourself before putting a dime into them.

Silver use in electronic devices to increase..

An innovative and economical mass production technology for building mobile phones, iPhones, picture-phones, and a host of other hand-held electronics allows components to be fastened both mechanically and electronically to printed circuit boards. The technology permits upwards of 200 contacts for components and connections on a small board, increasing the range of features possible in the device while keeping it extremely small.

This development will, according to The Silver Institute’s World Silver Survey, increase the proportion of silver used in electronic devices in the coming years. Also according to the World Silver Survey, 61.4 million ounces of silver were used for electrical and electronics fabrication in the US in 2008, with world use at 201.7 million ounces.

Silver News also reports continued improvement in the use of broad-spectrum antimicrobial properties of ionic silver in wound dressings. Antimicrobial ionic silver kills a broad range of pathogens and is being hailed as a major break through in wound dressings. Although antimicrobial ionic dressings now are used mostly in hospitals, products for over-the-counter sales are coming available.

With gold trading at $1326 /oz, silver is gaining in popularity.....BUY SILVER :)

Peter Schiff: "US in process of collapsing"

(VIDEO)...As the US financial crisis continues, the G20 has started to take place in South Korea. Going into the meetings the US hopes to "rebalance" the world's economies. Can US treasury Secretary Timothy Geithner do anything substantial at the G20 meetings? Peter Schiff from Euro Pacific Capital says for the US to continue its failed policy and blame other countries for what is an American problem makes no sense.

Unemployed 99ers march on Wall Street

(VIDEO)...More than 100 people turned out to protest on Wall Street over the end of unemployment benefits. The group known as the 99ers marched and demanded the US government either give them jobs or extend their unemployment benefits.

Why Purchase Precious Metals?

Precious metals have long been treasured both for their beauty and rarity. As a result, these metals have been used by many civilizations as a store of wealth, and in some cases, a foundation for currency.

Historically speaking, these stores of wealth have not experienced the kind of boom and bust cycles present in other forms of investment. This observed stability exists for several reasons. First, precious metals such as modern bullion have intrinsic value. The fact that precious metals consist of something that actually has value makes them more stable than fiat currency which is made of near-worthless paper.

In addition, these metals in many cases have practical applications. Modern industrial processes make use of metals such as gold and platinum for their unparalleled conductivity and use in manufacturing electronics. Moreover, in the case of economic turbulence, when investors do seek investments other than those vulnerable to market fluctuations, they wisely turn to the stability of precious metals. This increased demand has the effect of increasing their values, making them an even better investment.

Finally, when precious metals are minted as collectable coins such as the popular Gold Eagle 2010 (1/4 oz) Gold Eagle (Limited Mintage)or Gold Buffalo 2010 $50 Gold Buffalo Coin Indian Head Tribute, they are sought after not only for their intrinsic value, but for their rarity as a collectable item. Again, because there is a fixed supply of any one coin, increased demand for such an asset increases its value. It is for these reasons that for hundreds of years, gold and silver coins have enjoyed a remarkable history of defining purchasing power and backing international finance.

US leading economic world war

(VIDEO)
Despite the truce that G20 countries made this weekend agreeing not to devalue currencies to tackle financial imbalances, some fear the US has been long involved in a currency war. The US has waged well-known wars in Afghanistan and Iraq. Yet some say it is also waging a lesser-known battle that is just as costly and much larger in scale.

Jim Rogers on the currency war

(VIDEO)
"China has a long history of capitalism" - Jim Rogers

Jim Rogers:
We have to learn to work hard, save and invest. In China they save and invest over 35% of their income that's one of the main reasons they are doing so well. We in the US save and invest only 2% of our income!!!

What is China's plan?

Gerald Celente:

Anybody that can't see what's going on they better wake up look what happened with China with Japan in the last couple of weeks over the dispute of the islands in east China sea. The Japanese took a Chinese fishing troller and automatically the Chinese cut off the rare earth minerals going into Japan and they need for the hybrid cars the computer screens you name it ,in high tech we need rare earth minerals, so they cut it off. 

First what the United States and Europe and Japan did is they sent the jobs over to China for cheap labor, and then what they did Brian , they sent the brains. Because China said the only way you could produce here is : we want your technology so whether it was Siemens or GE or any o these major Japanese companies what they did is that they gave them their technology so China now they are really in a position where not only they are holding the technology they are holding the money...... 

The New Silver Imbalance

The world is on the verge of electrification; the several critical infrastructure components are in development.Silver and silver technology has a central place.

• projected Global demand exceeds supply by an order of magnitude

Why there's a increasing demand for silver?

For the next 30 to 50 years the world must electrify. This means electrification of transportation which require nuclear energy, advanced battery technology and smart electric grid development.

Silver is a critical component in the Grid and transportation system. No one has properly factored in this demand.

The world must now focus on secure supplies of:

•  Rare earth elements.  
• Uranium.
• Copper, moly and vanadium
• Lithium
• And of course SILVER

China's Strategic Place in Silver

1. China's transition time is vastly underestimated. 
2. China has now become the world's largest producer and consumer of hybrid and electric vehicles.
3. in September passanger car sales jumped 84%.
4. Significant silver demand is created from new transportation modalities and the electronic "iPad Crowds" in china and eventually India.

Supply 2010- 2050

"We are seeing inelastic supply curves for both silver and gold mine production.. i think we will look back and probably say 2010 was about the year we saw the total supply of silver and gold just about reach their high points. We are seeing very few discoveries of major new mines for both metals." Dennis E.Wheeler CEO Coeur D'Alene October 21, 2010.
Here are a few silver discovery Companies

1.Quaterra Resources    Tom Patton           QMM AMEX
2.Revett MInerals            John Shanahan     RVM TSX
3.Endeavour Silver         Brad Cooke          EXK AMEX
4.Alexco                          C.Nauman             AXUAMEX
5.Silver Wheaton            Peter Barnes        SLW NYSE
6.Silver Predator            Bill Sheriff              SPD CNSX

Cash Is Trash. Why Gold & Silver? - Free Investing Movie With Mike Maloney

We have been collectively hoodwinked into believing that our paper currencies are 'as good as gold'. Nothing could be further from the truth. Originally, our paper currency was a receipt for gold or silver held on deposit. But since 1971, all world currencies have been fiat -backed by nothing of physical value. Take a $10 bill from your wallet. Do you really think that the paper is worth $10? By the way, that's not the question for the competition...just something to ask yourself if you are new to this. Welcome to the Matrix...

End of Liberty Trailer

Jim Rogers: How I See the World Today: Question and Answer Period

Fedral Reserve is screwing American people !!

Watch Matt Taibbi’s explanation of what the Fed is about to do with your money.

Gun sales going up in US...civil unrest??!!

Radio Host Alex Jones of Infowars.com believes that the United States citizens are beginning to wake up to the tyrannical government and are beginning to arm themeselves with guns and other means.

G.Celente : We're Living on Borrowed Time

G.Celente:

"We are gonna see a terrorist strike. When they do that, we believe they are going to close the bank. Their card that they continually play is the fear card. So what we are looking for as this is collapsing, its going to take our mind off it and its going to be the bailout bubble. When this bubble collapses, the next thing they do is to take you to war."

Where would United States be today, if these people were still alive?

Thomas Jefferson:
"if the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

Abraham Lincoln:
"The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy."

Thomas Jefferson:
"I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs."

James Madison:
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance."

Rep.Charles A.Lindberg:
"The finiancial system has been turned over to the Federal Reserve Board. That board administers the finance system by authority of a purely profiteering group.The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money."

Sen.Barry Goldwater:
"Most Americans have no real understanding of the operation of the international moneylenders. The accounts of the Federal Reserve Board have never been audited. It operates outside the control of Congress and manipulates the credit of the United States."

Embarrassing statistics about United States

The following are 15 statistics about the United States economy that are almost too embarrassing to admit...

#1 Ten years ago, the United States was ranked number one in average wealth per adult.  In 2010, the United States has fallen to seventh.

#2 The United States once had the highest proportion of young adults with post-secondary degrees in the world.  Today, the U.S. has fallen to 12th. 

#3 The economy of India is projected to become larger than the U.S. economy by the year 2050.

#4 One prominent economist now says that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

#5 The United States has lost approximately 42,400 factories since 2001.  Approximately 75 percent of those factories employed at least 500 workers while they were still in operation.

#6 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#7 Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

#8 In 1959, manufacturing represented 28 percent of all U.S. economic output.  In 2008, it represented only 11.5 percent.

#9 The television manufacturing industry began in the United States.  So how many televisions are manufactured in the United States today?  According to Princeton University economist Alan S. Blinder, the grand total is zero.

#10 Between 2000 and 2009, America's trade deficit with China increased nearly 300 percent.

#11 Today, the United States spends approximately $3.90 on Chinese goods for every $1 that China spends on goods from the United States.

#12According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.

#13 American 15-year-olds do not even rank in the top half of all advanced nations when it comes to math or science literacy.

#14 The United States has the third worst poverty rate among the advanced nations tracked by the Organization for Economic Cooperation and Development.

#15 Since the Federal Reserve was created in 1913, the U.S. dollar has lost over 95 percent of its purchasing power.

Advice from the rich, Jim Rogers :

1."My success in the market has been predicated on viewing the world from a different perspective"

2."The best opportunities right now are in commodities because whatever happens you are going to make money in commodities. Look at the ones that are still cheap."

3."If I were to go to precious metals, I would rather look at silver than gold. Silver is still 60 percent below its all-time high. Buy yourself some silver chopsticks or some silver cutlery and buy yourself some rice, and you will be very rich in five or 10 years."

4."Eventually the currency markets are going to get into turmoil...and eventually interest rates will start going up and people are going to realize we have problems and they are not being met by printing money."

5."I don`t like to sell something short unless it`s unbelievably expensive."

6.“I have found in life, it’s better to be a contrarian than not be.”

7.“Gold is going to go a lot higher over the next decade. It may slow down for a while because it’s run up so dramatically here in the last few weeks. But gold’s going to be much higher. Adjusted for inflation it should be well over $2,000 now.”

8.“There is enormous potential in alternative energy.Find somebody who can produce alternative energy relatively cheap and you will make a fortune.”

9."Bottoms in the investment world don't end with four-year lows. They end with 10 or 15-year lows."

10."There are 3 billion people in Asia, and most of them had not had a very good standard of living in the past 100 or 200 years. That's changing and changing very rapidly. They're going to eat more, they're going to wear more clothes...so agriculture is going to do very well."

Overdose: The Next Financial Crisis

In times of crisis people seek strong leaders and simple solutions. But what if their solutions are identical to the mistakes that caused the very crisis? This is the story of the greatest economic crisis of our age, the one that awaits us.
      

Take the red pill and wake up before the system collapse!!!

G.Celente: "in 2014, New York city looks like Mexico city"

RT: what are Americans suppose to do if they are not suppose to trust their leaders?


G.Celente:
you can't keep printing money based on nothing. So personally,first i buy Gold, second, you don't spend a dime you don't need to spend.


RT: How can America get out of this situation?


G.Celente:
All you have to do is to look back to 1990's when America entered into a recession. We had 7.2 unemployment rate in 1993. What got us out of 90's recession was something called "the internet revolution". It was a productive capacity, products were invented, designed, manufactured, marketed and serviced.
So you are asking about new jobs, anything in alternative energies, anything that's going to advance us into the 21's century in an intelligent way, that's where the job opportunities are going to be.

Webster Tarpley: "There's a currency war!"

Gerald Celente: "Its fascism not capitalism"

Fort Knox, U.S. Gold Bullion Depository

ALERT !!!!!!!!!!!!!!!!!!!!!!!!!!

Gerald Celente:

"Trend Alert® -The swift and sudden spikes in gold prices are warning signs of serious economic and geopolitical instability. Be prepared"

400 Nigerian children dead from lead poisoning

* Death toll rises to 400 children from 160 in June
* Illegal gold ore mining blamed for contaminating water


GENEVA, Oct 5 (Reuters) - Some 400 children in northern Nigeria have died since March from lead poisoning linked to illegal mining by residents for gold, and thousands more remain at risk, the United Nations said on Tuesday.
The Dutch arm of Medecins Sans Frontieres (Doctors Without Borders) reported the new toll, up from 160 deaths last June, and is treating a further 500 children in its four clinics, a U.N. spokeswoman said. Most victims are under age five.
"The lead pollution and intoxication crisis in Zamfara state is far from over," said Elisabeth Byrs, spokeswoman of the U.N. Office for the Coordination of Humanitarian Affairs (OCHA).
"An urgent and coordinated response is needed. Thousands (of people) are at risk," she told a news briefing.
A U.N. assessment mission, acting at the request of the Nigerian government, found that water supplies in four out of five villages visited were contaminated by high levels of lead.
Concentrations of mercury in the air were also high, according to their preliminary results issued after a two-week investigation in Abare, Bagega, Dareta, Kersa and Sunke.

"The exposure to lead is thought to be caused by processing of lead containing gold ore in rural areas. Nearby mined ore is brought into the villages for further processing, which is often done by women and young children," a U.N. summary said.
The affected villages are largely made of mud-brick buildings and lie in the poor, arid Sahel region on the southern fringe of the Sahara, where many people work as miners and subsistence farmers.
Too much lead can cause irreparable damage to the nervous and reproductive systems and the kidneys. Lead is especially harmful to young children and pregnant women who pass the metal through the placenta to foetuses or to babies via breastfeeding.
Many families thought that their children suffering convulsions had malaria, but blood samples taken by MSF revealed the lead poisoning, according to the U.N. spokeswoman.

Gold Vending Machines Coming to America

Americans will soon be able to cash in on gold fever in a new way – gold ATMs.  Gold to Go, the maker of gold vending machines, announced plans to open locations in Las Vegas and Florida in November.  In an interview with CNN Money, Thomas Geissler, CEO of Ex Oriente Lux AG, which owns Gold to go said the ATMs will open in “a well-known Las Vegas casino” and a resort city in Florida, most likely Boca Raton.  “Vegas has always been the best place in the world to spend a lot of money,” noted Geissler.
Gold to go has already opened 20 ATMs worldwide, in airports, hotels, and retail locations in tourist many tourist destinations, including Abu Dhabi, Madrid, and Munich.  Twenty additional locations are presently in the works as well.

Following Las Vegas and Florida, Gold to go plans to open ATMs in New York City, Dallas, Los Angeles and Minnesota.  Geissler commented that “These cities are where most of the inquiries have come from so far, but we hope to soon be many other places, including Toronto and Vancouver.  Our target is the wealthy and those people who want to secure value with a certain amount of gold instead of having only paper money.”
The vending machines dispense gold coins and bars weighing as much as eight ounces, with the price updating every 10 minutes based on the real-time spot gold price.  The gold ATMs can distribute anywhere from 20 to 100 gold pieces per day, depending on customer traffic.


          

Gerald Celente says it like it is!!!!!!

Gerald Celente: Trends in the news (build up to war) 21st sept 2010

Gerald Celente on where the economy's going

Expect gold to cross $2000/ounce in next 5-10 yrs: Jim Rogers

Jim Rogers : "Some people are getting better, some sectors are getting better. Governments have been pouring gigantic amounts of money into the market and the people who get that money are obviously better off and they think that things are better and they are better. But overall, the situation continues to deteriorate, unemployment goes higher, the debts are staggering in the West anyway. So the whole world is going to have more and more horrible problems in the future. .."
"Sugar is going to go much higher over the next few years. I have no idea whether this is a short term trade or not. I am terrible at it, terrible at short term trading. I am ecstatic to hear that your government is loosening up. Indian government is one of the most restrictive and controlling governments in the world. They should let sugar farmers finally make some money. So I hope that they continue to expand. I hope that the sugar farmers continue to make money and yes the price of sugar is going to be much higher over the next 5 to 10 years. So there is lots of money to be made in sugar unless your government does something foolish again. "..