Replies to post #24431 on iShares Silver Trust (SLV)

[ohiotom]

yep...they can't take care of business and now they want to play insurance company. Everything they try to run/control turns to crap. Our economy was built by free enterprise...the industrial revolution would have never built this country like it did if the Fed was screwing with the steel business, autos, railroads etc. When they were needed when the margin buying in the stock markets needed some control before the crash....just like the careless lending that lead to the housing bubble.....Where were they when we needed them? Amazing....Other countries over throw bad goverments and we try to interfere...lol.....I think we would have been better off with 'one party'.....the Queen. They have little trouble making decissions.


tom

[HotStockAce]

BUY GOLD AND SILVER NOW!!!! Gold is at $1268 and silver at 21.27.

Well you're on the right track. THEY CAN'T! Obama care alone is going to take us over 20 Trillion in debt. Silver and Gold prices are an illusion as the physical market has been getting bought up. They will NOT taper, and if they do they will have to un taper and print more because the markets will start going down. They can not stop printing money. America is broke and they will raise the debt ceiling. It's also fake. Raising the debt ceiling does increase our debt unlike what Obama's lies on tv. Every time you print a dollar you create another dollar in debt. Interest on your home creates debt. Interest on a credit card creates debt. This WILL NOT LAST. Inflation will hit VERY hard. People will lose there faith in the dollar and it will do back to REAL money. Gold, Silver, Land, Farms, Food, Water, Guns. Get ready.

Also, silver is the better investment. Silver should be 10 to 1 of Gold as there is only 10 times more gold produced then gold. Once we start rallying again, silver will blow up. Now gold/silver ratio is about 50 to 1! Silver is used! Gold isn't. Silver's small 25 Billion dollar market makes for easy moves as of compared to gold's 14 Trillion dollar market. Yes Gold is slower safer mover, but with all the dd I have done Silver will and has to surpass the value of gold maybe even in our lifetime. Silver is used and gone, as Gold is only horded. GOOD LUCK EVERYONE!

Buying all the physical gold and silver as we can here! Get ready for the biggest wealth transfer in the history of the world.