OFF GRID SURVIVAL BLOG

Monday, August 27, 2012

Silver hits 16-week high on stimulus hopes

It’s not too late to buy silver, but this train is leaving the station... So you better get moving very soon if you want a piece of the surge that’s coming in silver. Gold surged to a 16-week high of $1,667 and silver passed $30 an ounce as speculation mounted about a new stimulus package from the Federal Reserve and the prospect of similar actions by all the global central banks this autumn what is going on the euro, many countries are giving the gold. silver is an extreme and interesting metal. precious metal. remarkable industrial metal. The ECB lends cash to banks to buy European Sovereign Debt at a 1% interest rate. This is not as direct or pronounced as what the FED or the BOE do, but it is essentially the same thing. if enough people buy up the physical it will shift the power to the people instead of the banks. silver shorts show the real value of your fiat currency. if it wasn't for everyone buying mf global wouldn't have been shorted, don't stop there bring it to jpmorgan too!

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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