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Silver is going, going gone...

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If you make an effort to stay up on current events, the economy and science by following the media in the US is leaving you clueless. Everything you see, hear and read in the US media is worthless sheople poop.

 For example, within the last few weeks, silver has dropped in price from March 08 from ~$20/oz to a little over a week ago of $10.27/oz. A 50% loss in value. However, if you actually go to the coin stores where bullion is commonly sold in the US, silver is undergoing a historic shortage. That is, if you want to buy it, you can't because it is not available. Yeah, you can buy ETFs, but that is merely paper, not the real stuff. 

 Most are aware that the dollar is losing value. Given "Hanky Panky" Paulson's willingness to nationalize all failing businesses, the value of the dollar will be tanking shortly. Those who haven't bought gold or silver are close to losing all of their life savings while these elitist crooks destroy the financial foundation of our country by printing massive amounts of fiat dollars.

The low price of silver is a result of government manipulation where containing sheople's inflationary expectations is the goal. If the sheople don't think there is inflation, there isn't inflation. The government has been been playing this game for years. But now serious shortage are problematic which will end their ability to manipulate the price.

 For those who do not understand or agree with this, sit tight. Your major loses in the purchasing power of the dollar are only months away.


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The Bear 

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I am a corporate middle manager and my hobbies include macro-economics, reading financial, current event and science news.

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Silver is going, going gone...

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try apmex.... by martinweiss on Wednesday, Sep 24, 2008 at 3:48:01 AM
Yes, and on Ebay. But the number of sources where ... by Tom Johnson on Wednesday, Sep 24, 2008 at 7:14:28 AM