We sold 23 oz. of silver at a gun show this weekend! Woo Hoo! I had three people transport and sell silver on our behalf at the Vallejo, CA gun show this weekend. There was only one other numismatic dealer, and we had the lowest prices on bullion, and we were the only ones who had bullion in bulk. We took and offered 6500 ounces of silver and 70 ounces of gold. While the booth was cheap, there was also the cost of hotels, and wages, so we spent nearly $1000 to offer silver at the show.
Silver was just not even on the radar screen of people at the show. They had no thought or comprehension of silver or gold.
When asked if they wanted silver, people retorted, "What do I need silver for, I have a gun, and ammo! I can get whatever I need." Scary, but true!
It appears that these thoughtless gun owners are all planning on turning to a life of crime to provide for their needs if the economy gets much worse. That is very, very bad news for us all.
Unfortunately, the manipulation in the precious metals market extends into all media and schooling as well. People are just not being properly educated on how to take care of themselves in the event of a dollar collapse, or banking collapse, and I, personally cannot afford to educate them all. I have a reach to the 80,000 people on this email list, but only about 15,000 read each one, and my market reach is to just over 1 in 1000 investors out there.
Let this serve as a severe rebuke and warning to those people in positions of influence in the media and universities who are assisting the manipulating of precious metals, and all of society, through a propaganda machine that rivals the days of the Nazis.
While Obama has been called the "gun salesman of the year", he has also been the "silver salesman of the year". But recently, silver sales have declined, as can be seen in lower premiums, probably due to the propaganda that we have a "green shoots" recovery in play. Nice propaganda campaign, it worked, temporarily, but to what end?
To those in power and who have influence, let me ask you one thing. When 80 million gun owners become impoverished due to the crashing dollar, what are you going to do, and where are you going to go to escape their wrath?
When you rob people on a mass scale, it's going to backfire unless you put precious metals into the hands of the people so they can feed their families in case of hard times. What do you think is going to happen when gun owners lose the value of their investments and bank deposits due to all the paper money fraud crimes? Those people will be out for blood, and they will have the means to get it!
And it will be the heads of bankers and politicians that they will seek vengeance upon, after all, those are the "fat cats" who have robbed the people, and who can be robbed, especially if they are dead.
Of course, the manipulators have not thought that far ahead. They are deceivers, self deceived, the blind leading the blind, and both will fall into the ditch!
With government funding of schools and universities, and with CFR controlled globalist media in cooperation with the banking establishment, there is a news blackout on the opportunity and importance of owning silver and gold.
How is it possible that silver prices have literally exploded from the $8/oz. level in October to nearly $16 today, a mere 9 months later, while public investment demand has all but dried up?
Is that somehow evidence of a top? Hardly!
It's simple. We have a manipulated market.
And I'm not just talking of the COMEX, the manipulations extend throughout all of society. See here:
Major Frauds of the U.S. Monetary System Feb 26, 2004
When public investment demand goes through the roof, as it did on the "breakout" when silver topped $20/oz. back in the spring of 2008, they dropped the price, as a falling price trend can discourage investment demand. For the first time, the dip did not work, and investment demand increased, and premiums stayed high all the way down to $10/oz by October, when I started dealing.
And then, when the public stops buying, as the public gets sick and tired of low prices, or when the public silver buyers start to pause, looking for another dip, they let the price rise.
But the market structure tells the real story of why silver is not remotely close to a top:
About 100 million oz. of silver are purchased for investment per year. This, at $15/oz., is a paltry $1.5 billion going into silver each year.
$1.5 billion spent on silver, from a world with well over $50,000 billion or more in assets, means that far less than 1% of 1% of people's capital is being converted into silver per year.
Meanwhile, the banks owe people over $190 billion worth of "other non-gold precious metals", or basically, silver, which is over 100 times more than real physical annual market demand.
BIS Admits $190 Billion Silver Fraud April 6, 2009
This data, $190 billion, is directly from the BIS, the Bank of International Settlements. This is good and valid data.
http://www.bis.org/statistics/derstats.htm
At the link above, see
21 Amounts outstanding of OTC single-currency interest rate derivatives
"21C By instrument, maturity and counterparty"That's this link:
http://www.bis.org/statistics/otcder/dt21c22a.pdfSee the center middle column towards the bottom, under "Other Precious Metals", which excludes Gold.
There is just no way that the bankers can pay their silver debts. How can they get 100 times more silver than is produced in a year to pay everyone off? The printing press? They protect their silver debts by creating more silver debt, selling excessive futures contracts, like a credit card junkie who takes out a cash advance on a new credit card to pay all the bills.
People are just too trusting of the banks still, and what will it take to wake them up? Do they somehow need to take even more catastrophic losses before they begin to trust the reality of real precious metals?
I warned about the bankruptcy of General Motors years ago.
The Death Of The Dollar Mar 18, 2005
It was so obvious, it was a theme in my writings for over a year before I and my readers simply grew tired of the theme.
GM filed for bankruptcy today, at long last.
And look how GM stock compared with silver over the last 6 months.
Silver is up 60% and GM is down 90%.
Where is the fanfare and accolades and free publicity that is my due? Let me tell you, you can have a better mousetrap, but the world will NOT beat a path to your door, especially if they are not listening.
You, my readers, are among the few who are actually listening to, and actually know, the real story on silver. And nearly all of you are on my list because you went looking for information about silver. So act on it. Don't delay. Buy silver today, while premiums are at their lowest all year.
As of last night, we have 80,000 oz. of various kinds of silver for sale, and 451 ounces of various kinds of gold.
That's barely enough now for 1 oz. of silver per reader. Didn't I tell you that the silver market is small, and cannot handle the orders when YOU all decide to buy at once? Our minimum is 100 oz. at a time, otherwise we lose money on shipping and handling, because our prices are so low!
Buy it now from our shipping department, 10 AM - 4 PM, M - F, Pacific:
(100 oz. silver minimum, 100 oz. increments, USA shipping, wire transfer only!)
Breana (530) 913 4359 silver_support@vzw.blackberry.net
Janelle (530) 913 0553 silver_support1@vzw.blackberry.net
Bullion Price List: http://www.hommel.name/cgi/ssrbidask
These are price indications only, and may change daily as we attempt to narrow the spread. We may offer gold and silver for less if, or as, people start selling large amounts of gold and silver to us.
P.S. If you have purchased the "look at my portfolio" it is now updated. Please login to the site, or email support@silverstockreport.com if you have lost any passwords, or in case your subscription expired.
No comments:
Post a Comment