Every $20 Billion in new money will move the price of silver $144 higher. JP Morgan is in deep, deep trouble.This video provides the empirical logic for why we must "BUY SILVER!" Well, $500 silver will come after we get to $175
Of the $600-$1,000 Trillion Dollars in derivatives globally and that's a T as in Trillions what percentage would have to be converted to silver to bring the price to $1,000. per troy oz.? $140 Billion in new money pouring into physical silver gets us to $1,000/ounce (and that's not even counting the impact of the unraveling 100 to 1 paper fraud out there) I'm just counting new, honest money like Sprott's PSLV was.The dollar hasn't even bothered to get up off the mat lately. It's hard to look at the oil price and food prices and add the silver shortage on top and think of a scenario where it doesn't all come undone in the next few months. Just about time for another war. Are we ready for WWIII? If one of the middle eastern countries attempt to abandon the dollar for oil trades, it would be the first shot.
So many things about to kill the $, silver will do it for sure in the near future.
2 years ago
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