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Considering silver? One chart tells the tale.




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As the silver ore grade decline goes from -92% to -100%...

Shall I be be required to deposit silver just for the fun of mining it? A mine I own? Would "salting the mine" become excepted mining practice?

May as well go to Coloma Park out in the California Territory. They have a salted trough where the youngens can pan river sand looking for salted gold... Gold put in the trough for the cubs to find.

Marshall Gold Discovery Park

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Perhaps we should invest in salt futures?

I hear Ghandi did well with it.

This is the article that got my posting privileges revoked:
http://bklim.newsvine.com/_news/2013/05/12/18212165-dr-stan-...

Cyril's picture

BUMP. Past is always LESSON time.

BUMP.

Past is always LESSON time.

Present is always HOMEWORK time.

Future is future OR NONE.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

27 is my target..

Till then I will be waiting to buy more.

my2cents..

www.youtube.com/truefictions

I try to change people every day. Do You?

If your target is $27, you are shooting elastic skeet!

It stretches & oh, so much more. It is elastic. Says so in line one of the Federal Reserve Act, 1913.

    An Act To provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.

    Be it enacted by the. Senate and House* of Representatives of the United States of America in Congress assembled, That the short title of this Act shall be the "Federal Reserve Act." Wherever the word "bank" is used in this Act, the word shall be held to include State bank, banking association, and trust company, except where national banks or Federal reserve banks are specifically referred to. The terms "national bank" and "national banking association" used in this Act shall be held to be synonymous and interchangeable. The term "member bank" shall be held to mean any national bank, State bank, or bank or trust company which has become a, member of one of the reserve banks created by this Act. The term "board" shall be held to mean Federal Reserve Board; the term "district" shall be held to mean Federal reserve district; the term "reserve bank" shall be held to mean Federal reserve bank.

First sentence creates elastic cash.

Pardon me whilst I digress: "Some entrepreneurs lost more than money – they eroded some of their credibility and good reputation. We won’t risk a libel suit here, but we know of several individuals who employed dubious measures [US Federal Reserve Note: an elastic measure] to capitalize on the " return of Halley’s Comet."
Happy hunting.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

OK, if you're not the Webbot, you must at LEAST

have hemorrhoids from all the facts you pull out of your...
You are quite the character... "Shooting elastic skeet" indeed - lol!

This is the article that got my posting privileges revoked:
http://bklim.newsvine.com/_news/2013/05/12/18212165-dr-stan-...

I have said it before here on the DP..

They will keep printing money till it busts no doubt, but until then they will want to stretch the life of the fiat by making it "look valuable". The way they are keeping up this illusion is by manipulating all the paper markets, gold and silver included.

I expect this to last a bit longer and will not jump in at this time.

www.youtube.com/truefictions

I try to change people every day. Do You?

Michael Nystrom's picture

Bump, but beware

In my experience, when everything looks so juicy, so rosy, so much like you can't lose, watch out!

Or in the words of one time esteemed financial newsletter writer Joe Granville, "If it is obvious, it is obviously wrong!"

When you're playing poker, you don't lose money on mediocre hands. The way you lose is when you think you've got the best hand and go all in. Your pocket pair of aces gets beat by three twos. I've been on both sides of that hand.

Which is just another way of saying: MONEY MANAGEMENT IS KEY! Nice chart. Don't go all in because of a chart you saw on a free internet site.

Price is the ultimate reality.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s...

All art is only done by the individual. The individual is all you ever have, and all schools only serve to classify their members as failures. E.H.

Again, it is a matter of motivation.

If you are stacking to get rich, you are gambling. Might as well hit Vegas. If you are stacking to keep silver from those who make weapons with it, the market games become sort of irrelevant.
The real risk in silver as an "investment," in my opinion, is asteroid mining. I know enough about silver to be pretty damned confident that we are running out - on this planet. But then, if they get an asteroid load of silver before we run out here, we are all pretty much screwed anyway.

This is the article that got my posting privileges revoked:
http://bklim.newsvine.com/_news/2013/05/12/18212165-dr-stan-...

Maybe some day, somewhere there will really be an immaculate...

... money fountain (IMF). A silver sparkling mountain. A shining precious metal mountain shall be a site to behold.

Any word on where or when?

Halley's Comet is predictable. Perhaps an IMF might be as well?
HALLEY'S COMET Society, USA

Secial bonus introductions:

Met Edmond Halley - 1656-1742, the British Royal Princess Anne... Click here for "The Eye of the Beholder: An Editorial.

Let us look to the answer of the age old question, "Will I be rich?"

    A reporter recently asked me if I felt that anyone got rich on Halley’s Comet. I doubt it very much. I know for a fact that several entrepreneurs lost a great deal of money and are stuck with stacks of T-shirts, books, key chains, coins and other products. Others probably broke even, and a few made a modest profit. But overall, I doubt that there were any big financial winners. Those who claim otherwise have to be suspect, based on our experience. HCW ’86 was the first to enter the market with Comet products and at one point had the largest number of products available for sale. Its backers lost a bundle!

Happy hunting!

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Silver miners have lost money in 2012

If you checkout some of the linked stories you'll see that miners are losing money when silver drops below $30 per oz. Looks like $25 silver will never happen!

Thanks for the post very informative, just confirms never sell!

Gold standard: because man can not be trusted to control his greed

If you're still 'just

If you're still 'just considering'... SNAP OUT OF IT!

Even if you have low-to-no budget, grab just a few 90% pieces for just a couple bucks and put them somewhere that won't tempt you to cash it out. This is wealth preservation. The value relative to green rectangular pieces of paper or digits in a computer aka FRNs, while fun to speculate, really is of little importance in the long term.

The Silver Bullet Silver Shield series on youtube is great. What makes the most sense to me is on its historical role and value. Approximately 1/10th of an ounce of silver has been the average wage for one day of hard human labor througout history. Definitely a thought provoking series.

I've been stacking

My patience for quite awhile. "While We're Young", already!

On some great and glorious day, the plain folks of the land will reach their heart's desire at last and the White House will be occupied by a downright fool and complete narcissistic moron.

I urge you to make an immediate change of motivators.

Stack silver to keep it out of the hands of those who would make weapons with it.
My father learned of the silver shortage before I was born, he died before the truth came out. He gave up and sold his silver during his retirement, and I am GLAD he did. Still, for me, I am just fine with putting into the hands of my children and grandchildren, as long as they know WHY they are holding it.
That said, I sold mine to put a well in. I want to leave them a functioning farm even more than silver. And if silver ever does bust loose, it will mean truth has busted loose, so selling at the right time will not be selling out the ideal.
Just keep stacking - you're doing the right thing.

This is the article that got my posting privileges revoked:
http://bklim.newsvine.com/_news/2013/05/12/18212165-dr-stan-...

So what I read from the graph

So what I read from the graph is that, more ore is being mined (quantity) but there are smaller net gains in good ore that can be minted?

Southern Agrarian

Yes, but there are subtleties present.

Understand that silver is HARD rock mining. This means cut into a mountain, take rock out, break it up and chemically separate the silver.
Using 1935's technology, you got well over an ounce of silver for every ton of ore you processed.
We have MUCH better access to back-country deposits now. We have MUCH more powerful equipment, and we have much better processing and refinement techniques. And now, we have to move 9 tons of ore to get just under an ounce of silver.

This is the article that got my posting privileges revoked:
http://bklim.newsvine.com/_news/2013/05/12/18212165-dr-stan-...

Silver mining break even is now $30

Just think the 9 tons only profit $2, if the price stays at $32 per oz what a ripoff!

Gold standard: because man can not be trusted to control his greed

If you throw away 9 tons of crushed rock it is so expensive.

$30 pales in comparison to the discarlding 9 tons of tailings.

After 9 tons of rock is crushed looking for silver, what do you have? Might there be value there too? Profit may be derived from selling:

  • Gold, Platinum, Palladium...
  • Nickel, Copper, Iron...
  • Most elements are metal or related.
  • Even crushed rock has a market.
  • If you are not satisfied with price, join the crowd. Tours forming now.

PLACES TO HUNT IN CALIFORNIA Existing mines are a good place to start. Tour a few.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Great article - thanks for posting

I can't believe the price has stayed in the low 30's when all indicators show it should be surging - keep stackin'

God grants liberty only to those who love it, and are always ready to guard and defend it. – Daniel Webster

Cyril's picture

You bet !

You bet !

NO speculator here. Just someone who does NOT only live in the present.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius