Americas Silver Corp fka USAPF

[Montanore]

Well put, but some things DO change. We did not have open criminality in the 1970s. Now we do. For example, Corzine stealing billions and silver and gold being stolen from vaults at a time when the COMEX may not have been able to meet deliveries. This is no conspiracy theory. It is happening before our eyes. Bernanke is bailing out Europe with interest-free cash swaps to keep the can kicked and the game going for a bit longer.

Markets are rigged with inside trading (Congress almost brags about doing that) and computer front running. Congress will not stop spending. They will not raise taxes. Interest rates will remain low. The debt WILL grow to even higher astronomical proportions. Again, this is not a repeat of the 70s. Another Volcker is not going to show up and raise rates and that can't be done anyway without bringing about a massive, more severe depression.

I know you've been there and done that, but nobody has been through what we're going through now. Yes, there is no shortage of silver yet, but there are a shortage of silver mines because it has long been unprofitable to open new ones. Silver may not disappear due to cell phones, but it will disappear into safes of private citizens once they realize how easy it is to print fiat paper or push a button to add to bank accounts. Trouble is, that's not trickling down--not yet--because the banks want to gamble with it. But eventually it will and inflation will come home to roost. Either that or there will be a sudden dollar devaluation and bank closures if the Chinese decide to cash in.

This is definitely not the same old ballgame.