Can we beat them with a 10% plan in 2012?????You bet we can....firstly lets assume that just 10% of the 4.3 billion people in Asia and South America buy only 1 ounce each.....thats a whopping 430 million ounces...next,if each one of us as Precious metal Investors increase our net physical position by 10% in 2012,we would most likely be searching for another 80 to 90 million ounces and finally if each and every one of the demand users were to stockpile 10% to thier inventory just as a safety net,perhaps another 7 to 9 million ounces......this is well over 1/2 billion ounces of physical silver held in tight hands and not available for the BIG MONEY CROOKS to use to manipulate the silver prices.....even worse is that the BIG MONEY CROOKS can leverage this amount at as high as 100/1.......the solution is to buy and hold as much physical silver as we can to keep it away from these crooks......I also like Sprotts proposal of consortiums by the producers and to hold thier value in hard assets rather than cash in the bank.......quite simply it just does not make sense that they can move 1 billion ounces of silver in 1 day when the world produces far less than 1 billion ounces in a whole year....the time is now
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.