Friday, September 9, 2011
The Idea Of Unattainable Silver Is Catching On
Keep stacking. I'm hoping to pick up some land with my silver when it's all said and done.
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The Idea Of Unattainable Silver Is Catching On
http://dont-tread-on.me/the-idea-is-catching-on-about-unattainable-silver/
Articles promoting $500, $1,000 or $12,000 silver price targets miss the whole point of buying silver. We are investing in silver not to get more fiat currency in the future, we are invest for the mathematically inevitable collapse of fiat currency. I put this crazy little theory out there in my first blog post at the beginning of the year about silver not being available at any price. The ideas was based upon a few factors.
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z
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The Idea Of Unattainable Silver Is Catching On
http://dont-tread-on.me/the-idea-is-catching-on-about-unattainable-silver/
Articles promoting $500, $1,000 or $12,000 silver price targets miss the whole point of buying silver. We are investing in silver not to get more fiat currency in the future, we are invest for the mathematically inevitable collapse of fiat currency. I put this crazy little theory out there in my first blog post at the beginning of the year about silver not being available at any price. The ideas was based upon a few factors.
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z
Eric Sprott - From Here Silver is a 30 Bagger to $1,200
That is x30 from where we are now. That means 10k worth of silver today could be worth 300k in a few years.
Keep stacking.
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Eric Sprott - From Here Silver is a 30 Bagger to $1,200
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/9_Eric_Sprott_-_From_Here_Silver_is_a_30_Bagger_to_$1,200.html
When asked where he sees the price of silver headed Sprott responded, “I think silver will outperform gold in the next decade. If silver should trade at a 16 to 1 ratio (to gold), it will probably trade at 10 to 1 because things tend to overshoot. Let’s use Jim Sinclair’s $12,000 target, that would suggest $1,200 silver, which is a thirty bagger from here...The biggest reason it (silver) should go there is people should fear bank deposits, that’s what I think they should fear.”
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z
Keep stacking.
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Eric Sprott - From Here Silver is a 30 Bagger to $1,200
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/9_Eric_Sprott_-_From_Here_Silver_is_a_30_Bagger_to_$1,200.html
When asked where he sees the price of silver headed Sprott responded, “I think silver will outperform gold in the next decade. If silver should trade at a 16 to 1 ratio (to gold), it will probably trade at 10 to 1 because things tend to overshoot. Let’s use Jim Sinclair’s $12,000 target, that would suggest $1,200 silver, which is a thirty bagger from here...The biggest reason it (silver) should go there is people should fear bank deposits, that’s what I think they should fear.”
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z
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