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Re: oneofsix post# 247

Monday, 06/20/2011 12:32:03 PM

Monday, June 20, 2011 12:32:03 PM

Post# of 264
oneofsix welcome to Great Panther Silver, Ltd. (DB:G3U smile
Sir, good to see you here -


There are some simple facts about silver production we should now....

1. 70% of silver mined is not primary silver mining.
It is a mining by- product along with copper, lead and zinc.
Therefore most producers of silver don't focus on it or
devote large sums of capital to pursuing it.


2. It was so cheap for so long that mines closed and
the cost of reining it alone made it unprofitable.


3. Just like any mining, it takes years, hundreds
of millions of dollars and expertise to open a significant
new primary silver mine.


4. Silver mining production can grow at 3-4% per
year maximum.


5. Recycling of silver is cost prohibitive but
legally mandated in more places is causing more recycling.


Bottom line new silver production can't even meet the growth
in industrial demand, much less the exponential increases
in investment demand.

Silver is used in literally hundreds of devices you use every
day so the demand for it grows along with world economic growth.
That can be a negative such as in the crash of 2008 and
was the reason gold outperformed silver that year.
However it also provides a longer-term secular driver of demand
with very limited supply.
A supply demand imbalance that can lead to rapidly rising
prices for silver investors and that has already begun.

Silver is used in almost every mobile device, smart phones,
tablet, notebook and personal computers.
It is used in almost every electrical switch, microwave oven,
refrigerator, car and every computer keyboard.
It has uses in solar power, water purification, wound care,
health care, preventing bacteria growth, mirrors, film,
jewelry, missiles and coins.
Now just think about how many hundreds of millions of people
in the next three to five years around the world that are
becoming more middle class and will demand
more of these products.

Now let's look at the monetary policy situation in the US
that is leading to the rise in precious metals and
especially in silver:


1. The US dollar has lost 20% of its purchasing power
just since 2000 and 30% since 1990.
70% of the decline in the dollar has occurred since 1978
when the mandate of the Fed was changed to a dual mandate
that included full employment.
Since the Federal Reserve was created in 1913, the US dollar
has lost 95% of its purchasing power.


2. Right now is the first time in the history of man
that all major world currencies are fiat currencies
backed by nothing.


3. The total monetary supply and debt is now ten times
as large as it was as recently
as 1980.


4. The Federal Reserve has been more irresponsible in
the last twenty eight years than in its previous
seventy-two years combined.


5. The Federal Reserve after QE2 will have increased
the monetary supply by 475%.
When confidence returns and the velocity of money normalize,
inflation will be everywhere.


Bottom line: The only way to protect your wealth from
the debasement of the US dollar and the debt crisis to come
is to allocate a majority or more of your assets to
precious metals.
They are the only asset classes that will protect and grow
your purchasing power long-term in this scenario.

History often repeat itself -

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64279509

Great Panther Silver Reports Record Quarterly Net Income of $7 Million

http://finance.yahoo.com/news/Great-Panther-Silver-Reports-iw-2292262728.html?x=0&.v=1






My opinions are my own and and DD I post should be confirmed as unbiased

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