Looks like I was right about SILVER,,, Why do you think I was beating it like a dead horse over the past 15 years?

You ain't seen nothing yet... We are just at the start of the break out which will lead to halted trading,, a massive shortage and then a revaluation/ re designation as a monetary metal... Eventually parity with Gold at a 1/1 ratio since that is where above ground inventories are already...


Silver is being and or is about to be used as an economic weapon between nations for world supremacy regarding fiscal/economic and technical advantage.. Silver is also the weapon to be used against a debt system and the Central Banking Cartel... Basically Silver is going to break the banks and the debt system...

Essentially Silver is weaponized at this point...

Silver is now $64 an ounce and still has been a better investment than Amazon which Dan S recommended. Rich G was correct and probably is better economist than Dan S.


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Wonder how many people actually bought in? Was not hard to do a little research several years ago to see what was going to happen...

Let's fact check this. A $10,000 investment in Amazon stock five years ago, would be worth $15,600 today, representing a gain of 56%. This performance significantly underperformed the S&P 500, which delivered a 112% return over the same timeframe. Five years ago Silver was $26.39 per ounce, which was the year's closing price. With the current price at $64 per ounce, a $10,000 investment in silver five years ago would be worth $24,250 today, representing a gain of 142.5%.

So yes Silver did much better than Amazon however it only did moderately better than the S&P 500.

Yet still it appears, Rich G was right again.

FP,


Those were roughly the numbers I arrived at as well when I made that claim. I chose to not share for the sake of being more to the point and making a shorter post and letting anyone who disagrees try to disprove my claim.



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Is RichG a better economist, or does a blind squirrel find an acorn occasionally? I ask this in recollection of RichG pronouncing many things would happen on Tuesday, and then they didn't.

Rich has a mediocre track record of accuracy at best. But more recently, a lot of his claims have shown to have some merit. Remember, he is never wrong, only early!

It reminds me of Dan S. who is frequently wrong about a fair bit including the education system. He knew more than myself (and my wife who is a teacher) because he used to tutor kids for beer money in college. Rich is about as accurate as he.


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Silver is at 65 and climbing...

Its gonna get out of control probably sooner than later...

January 1,, China stops Silver Exports under current regulation...

April 1,, India re classifies Silver as a monetary Asset and resets the ratio 10/1 against Gold...

Mexico is also getting ready to reclassify Silver and to stop exports...

Starting Jan 1 you are going to see the nations of the world weaponize silver and begin a massive Silver squeeze with physical Silver to push the price sky high with the intent of breaking the FIAT Dollar and Central Banking System...

Silver is going to rise to over $200 an ounce and then its going to get pulled off the NY stock exchange,, all trading stopped in attempt to prevent it from destroying the entire fiscal system...

Silver is the shock force/battering ram that is going collapse the entire debt system...

You might think that the governments of the world will make it illegal for people to own SILVER but their intent is the exact opposite,, all nations want to collapse the Central Banking system to get out from under Debt Enslavement... We are in a WAR against the World Banking system and Silver will be used to destroy it...

The New Dollar that rises from the ashes will pay a 3% yearly dividend,, will appreciate year to year... The monetary system moving forward will be backed by Gold and Measured in Silver... All Assets,, Services and Labor measured against a Silver Dollar which is .73 ounces...

In 1964 the last year Silver currency was in circulation the Minimum Wage was $1.17 per hour,, which is 11.7 silver dimes,, which is worth about $55 dollars today....

April 1 is actually the first day of the year

We are on a 12 month calendar solely for the purpose of calculating interest,, its a debt system thing...

We will be moving to a 13 month Calendar with the New Year Starting April 1st... First day of the year always starts on Monday and the last day always ends on Friday,, 13, 28 day months ... No more daylight savings time... Elections will be in the spring and not the fall "harvest"...

No more property tax and no more income tax...

Silver just hit 66

Silver is on a roll. I picked up 10 ASE’s today. Ended up being a little over $700. It seemed like just the other day I was able to buy a whole tube for that price.


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