[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Sign-in] [Mail] [Setup] [Help]
Status: Not Logged In; Sign In
|
Business/Finance See other Business/Finance Articles Title: 4 Years Later: Our Current Silver “SitRep” Keeping our Eyes on the Prize I remember very well, where I was on this day, 4 years ago. I was flying high throughout the entire month of April. I’d just started a new job, but on May 1st, 2011, like many of you, I was glued to the computer screen all day long, with a gut-wrenching feeling in the pit of my stomach. Because, today, 4 years ago…..Blythe Masters and Jamie Dimon, along with various agents of the US government, began a carpet bombing of silver that lasted nearly a whole business week. Instead of having a pathetic pity party today though, I’m going to do something veeeeeery different! I’m going to give you a “Silver SitRep” in the struggle we’re in, from a bird’s eye view. I want to draw attention to what you and I are up against, in order to acquire our silver. What we face in getting our silver, is getting more difficult by the day. By the way, I’m not talking about the banks making it more difficult, but other, very different factors. You see, I’m convinced we’re closer than ever to the end of Bretton Woods II, and the Great Reset, and I say that because of silver. Silver is my main barometer. Remember, silver is the key to the entire con: if the price of silver gets too high, then the system ends. Ah, but here is the key truth to remember to win this fight, a truth that our enemy desperately hopes you”ll forget on this 4th anniversary of their carpet bombing: The opposite is also true! If the price of silver gets too low, the system meets the same end. The banking powers know that they must keep the masses from wanting to buy silver, but they must also not keep silver so low that it threatens supply. It’s a delicate tightrope walk….and they’re about to stumble. What has changed in 4 years, is that the banks have now discovered just how badly the law of “diminishing marginal returns” applies to their suppression scheme. At this point, taking silver lower, just doesn’t reduce demand any longer, it does quite the contrary! After moving heaven and earth, they’ve still not managed to increase supply enough to make a real difference….yet, all the while, mankind’s demand for silver has increased a great deal more than supply. The Supply War “Bah, Watchman, everyone knows there’s plenty of silver out there!” Interesting! Mind if we test that thesis out? First off, a caveat: these calculations will not include refining supply. Silver refining is becoming so cost prohibitive, and has shrunken so much in the last 4 years, that the amount of silver it adds annually, really comes out to a rounding error on the bottom line now. Let’s start with a picture, as a picture is worth a thousand words, and nothing speaks those words more powerfully than this picture beneath. My friends, this is a picture of all the silver mined in an entire year, and while 2 years old, the amount of silver pictured is just over 800 million ounces: nearly exactly what earth mined last year. Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: christine (#0)
Good information, thanks.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
800 million ounces! Wonder how much gets used every year, never to be redeemed. Far less than in the film photography years, one assumes? Is there silver in computers, etc.?
|
||
|
[Home]
[Headlines]
[Latest Articles]
[Latest Comments]
[Post]
[Sign-in]
[Mail]
[Setup]
[Help]
|
||