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BTFD !

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Published : December 30th, 2011
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Category : GoldWire

 

 

 

 

 I am working furiously right now buying silver and I hope you are too. I have gone to extreme measures to free up capital everything from selling our second car, garage sales, and now dumping all the gold that I can to buy silver. In the past week or so I have made that largest silver purchases since 2005, even more than I bought in the 2008 smackdown. With the Commercial Short position at a decade low, the explosive upside potential is awesome. After the 60% 2008 smackdown silver went up 400%, if we match that we would see $125 silver. Let’s be honest here, if that happens this time with no exponential short position for the banks to worry about, in such a limited physical market, during a paper fiat financial crisis, silver will not be available at any fiat price.

If you need to get a backbone to buy into this market, re read the Silver Bullet and the Silver Shield. The case is even more bullish now than it was last February. I have a few more videos to do for The Greatest Truth Never Told until I get to the Silver Bullet and the Silver Shield video series. The original article was read by over 350,000 people and translated into 7 languages. I believe the video version will do much more than that as silver is the gateway drug into the deeper issues of what is truly at stake here. BTFD!









The Gold to Silver Ratio is VERY BULLISH to dump gold and buy silver.


 

 

Source : dont-tread-on.me
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There is no rationale for selling gold to buy silver on the basis of an increasing price difference between them.
If as a lot of people think that economic conditions will deteriorate, so too will the price of silver due to a lack of industrial demand.
By all means sell stuff you don't need and cash up.
A cursory glance at the Silver Chart (posted above) indicates a further bearish decline in price. No need or reason to buy at this point. (That could rapidly change though!)

If one is particularly attracted to a tradeable commodity like for eg silver, why pay more than necessary, which is what most people do when they are not patient enough to wait to see if a bottom is truly in!
Too many investors are in the fortune telling business.

Personally I would be more content to buy silver at a break of the high at $50 than at current level and time.
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There is no rationale for selling gold to buy silver on the basis of an increasing price difference between them. If as a lot of people think that economic conditions will deteriorate, so too will the price of silver due to a lack of industrial demand. B  Read more
S W. - 1/1/2012 at 11:13 AM GMT
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