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Silver Survival Strategy

First, accumulate a six-month supply of food. Then save enough Federal Reserve Notes to cover living expenses for three months.

Then accumulate silver, gold and FRNs to equal amounts. (Don’t time the market. When the price of one dips buy it until you have an equal amount of all three.)

Save nickels and copper pennies. Barter silver only for tangible goods (especially food production equipment). Avoid selling your metals for cash.

Think of wealth in terms of goods acquired at a low price rather than cash. The best investment is a productive asset that enables you to live with less money.

Looks like you bought for the wrong reason

You do not buy silver to profit from it. I'd like to see silver at 1.30 oz and gold at 20 oz fixed permanently. And homes for 1000.00 HOMES not boxes to gamble and enslave people with. Go back to pre-1913 when money was good as gold.

November 6th 2012 I voted for Dr.Ron Paul
"We must remember, elections are short-term efforts. Revolutions are long-term projects." ~ Ron Paul

SteveMT's picture

Why are central banks buying gold? Answer that one!

Hold the silver is my 2 cents worth and add to it when possible. That money is out of the fiat system, and provides peace of mind.

Central Banks Buy Gold in Record Volumes - 16 August 2012

CENTRAL BANKS that opted to Buy Gold between April and June contributed a record quarter for official sector gold buying, according to the World' Gold Council's latest Gold Demand Trends, the global authority on worldwide supply and demand for gold.

Official sector net gold purchases in the second quarter were 157.5 tonnes – a 138% increase over the same period last year.

"This was a record quarter for central bank buying since the sector began recording net purchases in Q2 2009," the WGC report says.

One institution choosing to Buy Gold in Q2 was the National Bank of Kazakhstan. Kazakhstan bought gold in each of the three months, adding 5.4 tonnes in total.

Russia meantime added 22.3 tonnes to its official Gold Bullion reserves during the three months to the end of June.

"Over recent years," the WGC reports says, "the Central Bank of Russia has added substantially to its gold reserves in order to diversify its foreign exchange reserves, fuelled by years of oil assisted economic growth and high oil prices. The central bank views gold as having a monetary role as collateral."

"It is clear that gold's fundamental properties as a vehicle for capital preservation and a source of liquidity continue to endure," says Marcus Grubb, managing director, investment at the World Gold Council.

"This is evident from the activity of central banks, the ultimate long term investors, which continue to increase their gold holdings to diversify reserves and protect against reliance on one or more foreign currencies."

Looking to build your own private gold reserves? BullionVault's unique, 24 hour exchange brings the benefits of the wholesale bullion market to ordinary investors, allowing them to Buy Gold at the lowest price and store it in professional vaults in London, New York or Zurich...

The Industrial value of Silver

Is solid and as I understand, it silver will get "used up" in chemical reactions and gold does not. So all the gold that ever was mined is out there, but that is not true for silver.

Protecting Fiat

Gov'ts & central banks are concerned about a spike in the price of silver & gold. precious metals are the baseline "0". Fiat moves in relationship to the baseline.

When gold increases in price it is actually fiat dropping in value in relationship to gold... it buys less. Gov'ts are releasing silver & gold on the market to increase supply and protect fiat.

As long as they have reserves they can suppress the market value by increasing supply. But each time they do a massive liquidity move
(increasing supply of fiat) it becomes harder to control the price of commodities.

*Ex: Germany has dumped tons of gold on the market to prop up the Euro and pay for bailouts.

IMF: http://www.imf.org/external/np/sec/pr/2010/pr1044.htm

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

Everytime that

Food goes up, gas goes up, utilities go up the value of your silver goes up over the value of the US dollar.

Everytime they print money at the 'Fed' the value of your silver goes up.

When, not if, our financial system collapses under the stress of the debt it bears your silver and gold will be the only money you have. If you have any...

thats like saying

why isn't my stock or any other investment going up? some investements stay flat for a while, go up, or go down. if you think the market is better for a different investment, invest in that. check out the charts

With few exceptions, my

With few exceptions, my stocks have rebounded and grown considerably. I have no idea what tomorrow will bring, but cautious investing in a diverse pool of possible investments is always prudent. Dumping all of your money into gold or silver is not a plan.

Silver is a great investment

Silver is a great investment if you plan to live, ummm, 150-200 years.

Buying silver as a hedge against paper money.

For the hedge to fail the supply of physical silver must increase.

Or the value of US currency must increase.

Aiming for profit is risky. Sell over-valued assets for under valued assets. Then wait for under-valued asset to become over valued. Repeat.

This guy has created charts that regroups government data to produce the Austrian money supply metric. As designed by Mises, Rothbard, Salerno and et al. http://blogs.forbes.com/michaelpollaro/austrian-money-supply/

I found a link U.S. Money Supply Component Metrics, beginning 1960

% Change QoQ and YoY Outstandings, NSA ARs to 1960.

Quarter to Quarter changes in money supply increase 20% then decrease 15% the increases 25%. Wildly erratic changes in the money supply confounds price valuations by wildly growing and shrinking the true money supply (changing the supply side of the supply-demand curve.

There is a signal in the noise confounding the free market. The favored few get to tune into that signal and trade accordingly. I can't win in a market valued in dollars. In that Sting, I am Doyle Lonnegan. I lose.

Free includes debt-free!

A silver dollar buys much the same today

A silver dollar buys much the same today as it bought in 1912.

A paper dollar bought the same as a silver dollar in 1912. Today a Paper dollar does not.

The supply of US Paper (or equivlent) has increased an average of 9% a year since 1913.

Measure value with a basket of commodities.
Priced in gold:

Free includes debt-free!


You want some savings in hard cash as well. Silver may actually go down in price once deflation gets rolling.

But 200 years of silver purchasing power is unchanged.

Price in dollars is is irrelevant. If the price of silver goes down it is because the value of paper money has gone up. Either way silver holds its value.

If the price of silver goes down because the supply has increased, that is a different issue.

The supply of paper money has always gone up faster than the supply of silver has gone up,

Free includes debt-free!

You don't want silver or gold to go up

because this means the global economy is getting worse.

Hope and pray that metals and commodities stay 'low' for as long as possible whether you are buying or not.

Higher commodity prices = higher crime rates, higher unemployment, all the bad stuff.

Consider silver and gold to be fire insurance - good to have, hope you never have to use it.

Defeat the panda-industrial complex

I am dusk icon. anagram me.

To ryno

You are probably wasting your time. Just remember that the little guy almost always loses, so if you start to see mass advertising for some product (think real estate, tech stocks, facebook, gold sivler, etc), then you should think twice

You should read a little bit about debt deflation.
Silver is a commodity, and like all commodities, that means its price can go up and down. It also means that people buy it with debt. We obviously have too much debt in the world, I don't think any of these hyper-inflationists will deny that. The question is, what happens with this debt? Do we see bankruptcies and see the amount of debt go back down to historical averages? Or does the gov't print? The problem is that if the gov't prints, the currency is destroyed and they lose a lot of power.
If we see bankruptcies (nations, states, cities, companies and people), then we will have deflation. The question you have to answer, which I don't know and I don't think anyone knows, is will the demand for silver increase sufficiently due to the increased political risk to overcome this deflation. (and if companies and people start going bankrupt, they will sell their most valuable assets first to prevent this, including silver and gold, so this will be defalationary)

Silver will start moving up

Silver will start moving up again after many finaciers are back from summer break.Use this as an opportunity to buy it on sale.It's very difficult to break the mindset that it's paper value is not moving but always remember the paper price is only important in determining how many ounces you can accumulate with your dollars,not how much it's worth in dollars.In the end it will not be priced in dollars but your purchasing power will be multiplied drastically.

This is temporary

It is staying still because there are still those who are hoping that the bailouts for Europe will help. This is what has caused the dollar to temporarily hold it's own in the oil market, which operates by a gold standard.

consider it a gift and keep

consider it a gift and keep on buying. JPM and the others after artificially depressing silver prices for years. It would be over $100 now otherwise.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

The banking system is a ponzi scheme

and is going to crash! If your holding cash you will loose all its value. There is zero chance that the US dollar is not going the way of the Zimbabwe dollar. Just imagine 1 ounce of silver might be worth a $100 Trillion US dollars.

We all can see inflation in our gas groceries we buy, even Walmart is saying high inflation is coming.

I started buying silver at $18 and continued buying at $40, I just received a 100 oz at $28 which is a steal. Silver is a safe haven from the FRN's that will crash.

Don't sell your silver, there may come a day when your going to need silver or gold to buy groceries or gas.

I remember buying a gallon of gas for $.25, today that same $.25 minted in the early 60's will still buy a gallon of gas. Silver a real inflation buster.

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

Be Patient.

You did the correct thing.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

7 years ago silver was ?

$6 to $8 per oz??? ted butler laid it all out back then.. the Cftc fraud and paper etc.. its seems to be a buy and forget it thing with money you dont need for day to day living ..

fireant's picture

Maybe adjust your time frame.

One year is moot in the metals market. If you are looking to make a profit in the short term, some other vehicle would be better (unless you are a well seasoned trader).
Holding PMs is an insurance policy for monetary calamity. As long as interest rates are kept so low (negative when factoring inflation) and the debt so high, the odds of a calamity are high. I'd prefer to never have to cash in the insurance, but I would not want to be without if needed.
Silver prices may go lower near term as deflationary pressures mount globally and europe continues to de-leverage, but the fed will not tolerate much deflation before the printing presses go OT.
Now is the time to slowly accumulate, and not worry about today's price action.

Undo what Wilson did

Simple explanation- Paper silver

Since the introduction of silver etf's (paper silver), silver has had quantitative easing applied to it and thus has destroyed its value. There is very little silver to back these funds and more dilution occurs every day. This has also affected the miner stocks as well- why mine the stuff when all you have to do is print more paper silver?

For the record I own silver stocks and am very pissed...

"A noble spirit embiggens the smallest man" -Jebediah Springfield

Here's an interesting explanation

for the big drop in gold. Silver usually follows gold's lead, and silver also has the disadvantage of being seen as a commodity rather than a precious metal when economic news is poor. ie. China won't be making as many solar panels due to slow down, so silver demand is reduced.

I hear ya, though, and sympathize. The metals market has been very turbulent.


FASCINATING interview with the "London Trader" over on King World News. Here's part of it:

“...What happened yesterday [Thursday] in the gold market was very interesting. One full hour before Bernanke's testimony, the bullion banks started selling. Over the next 4 hours, the bullion banks sold the equivalent of 515 metric tons of paper gold. This was in just 4 hours, and again, the selling started one hour before Bernanke’s testimony.

The selling went on for another 3 hours after the Fed Chairman began to speak, and as I said, over 515 metric tons of paper gold was sold. During this entire take-down, there was zero physical gold available for sale in the market. However, this action did create tremendous supply for the Eastern buyers to lock in the spot price of gold. This will patiently be converted to physical in the coming weeks.

The real question here is, how could an entity begin selling such a massive amount of paper gold when there hadn’t been any news (starting to sell before Bernanke's testimony)?

During this coordinated attack on gold, hedge funds and managed money were being forced out of their paper positions. A large wave of selling entered the paper gold market and traders saw the price of gold drop $40 in a matter of minutes. So the action was orchestrated by the Fed, and Fed-speak was used to assist in the take-down...."


Full interview at KingWorldNews.

You don't buy silver and gold because it goes up.

You buy silver and gold because the paper money always goes down.

It's a hedge, not necessarily an investment. Although it has had a fairly good run as an investment this decade too.

I thought silver was

I thought silver was suppressed to 54 to 1 ratio to gold, so it supposed to be an investment, that's why everyone is buying it. If it was just a hedge, people would be buying gold, even though that is supposed to increase in price.

People buy silver

because it is smaller denominations, and is more easily used for smaller purchases, once the economy collapses and there is no more paper money in the form of Federal Reserve Notes.

It is to be used, along with gold, as money itself.
This is what it has always been throughout history. It never loses its intrinsic value as money, but paper notes always do.

Most people that I know are buying silver for after the SHTF, and they need real hard currency that spends, and not rough toilet paper with pictures of dead presidents on them.

I don't understand of silver

I don't understand how silver would be used for smaller denominations when silver is now rarer than gold? Wouldn't that mean that gold would be used for smaller denominations in the future?

PM hold value

they are a hedge against inflation. However, there is evidence that the supply has been manipulated providing an opportunity for PM's to increase your wealth after the manipulation is reccognized. Hold tight my friend, who knows how long they can distort the market, could be many many years, could be tomorrow, but you are where you want to be when it happens.

I think something could happen, overnight, when you least

expect it. One morning you wake up and all hell has broken loose in the markets. You'll be happy you have that silver.

"When the power of love overcomes the love of power, the world will know Peace." - Jimi Hendrix