Gold $57,000, Silver Even More?
(Bernoulli's Law)
Adrian Douglas
SATURDAY, APRIL 2, 2011
Adrian Douglas speaks about the debasement of the dollar and the rise of the gold price.Adrian Douglas is a member of the Board of Directors for GATA the Gold Anti-Trust Action Committee and editor of the Market Force Analysis Letter he offers his projections for gold and silver prices and discusses collusion at the LBMA.
Adrian is very bullish on Silver and he says that he believes that the silver price has a long way to go before we will see any set back .
My opinion is that the SLV doesn't have any silver.
The SLV is nothing more than a ploy to siphon off demand for physical silver. They? don't need physical to accomplish this ,because the game is rigged. SILVER Will explode
Adrian, Murphy &? GATA is so spot-on because the Inner Beltway Idiots continue making the wrong decisions, not taking the harsh, bitter medicine necessary to cure the patient.
If China doesn't buy any more US debt, then no one else will want to either, and if the only? buyer of US treasuries is the Fed, then how long can that last?, and if you get such great deflation that you can't roll over your treasury debt, then you default...Gold is an element that is rare, durable, and impossible to counterfeit making it very suitable for currency as well as other metals like platinum and palladium.
Fiat currency or the paper that you hold in your wallet? is easily created by gov which can destroy its value. Gold is more rare than silver, and mining companies pull 15-16 times more silver out of the ground than gold giving it a ratio of 15:1 to 16:1. That means it takes 15-16 ounces of silver to equal 1 ounce of gold.
PM investors, listen to 15 minute video,
Gold $57,000,
Silver should trade HIGHER than gold!
silver to become more scarce than gold in time
more interesting tidbits in video
investment ratio for gold and silver 1:1, every dollar of gold, equal amt going into silver
recommend should not invest in GLD or SLV, a conflict of interest by bullion bankers running this paper scam, backed by nothing, paper scam, encumbered investment. flawed investment for both PM ETFs
huge historic backwardation $1.20 for silver, investors paying premium for delivery now. no confidence that silver available in future.
link below:
siliconinvestor.com
watch part 2 , follows immediately
significant silver shortages
prices may go parabolic, soon
stealth silver investors
silver will find it's true market price (think Bernoulli's Law)
as dollar fails, everything else will go up, must divide by zero
market investments will not match commodity investments
discussion of silver and hyperinflation, stagflation, deflation
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final note:
please, if anyone listens to either the first, or the next following video, would u please send me a PM indicating same. i am just curious if anyone actually has the interest in PMs to listen to this relevant info, thx! |
