Saturday, May 4, 2013
End Times
The Antichrist has shown himself. Within the last three months an obscure figure has made his presence known upon Youtube with his proclamations, blasphemous to the ears of the precious metals flock, that silver is not becoming extinct as many have been led to believe. Brother John, for one, repudiates his claims, rallying to cries along with the faithful that this person must be an imposter.
While his divisive Youtube views may not have quite the impact upon the silver and gold communities as the assertion propounded by Charles Darwin's revolutionary Theory of Evolution did upon Creationists at that time, his opinions threaten the bedrock of belief that for many supplies a partial foundation for investing in silver.
If silver supply is NOT in jeopardy, as he avers, stating that only 1.56 million tons have been mined throughout history, while as much as a ten thousand times that much remain within the Earth's crust, then one of the orisons that we have offered to the Heaven's has been upon bent knees before false god's.
Many have prayed that eventual above ground silver depletion would spell an end to manipulative price suppression schemes, seemingly in perpetuity, by demonic entities such as JPMorgan and HSBC, backed no doubt in large measure by the will if not the deeds of such satanic forces as The Fed and Central Banks worldwide.
It is here that perception must enter the fray. If precious metals devotees have been laboring under a misconception, it is by many degrees lesser than the delusion of those who still have faith in the dollar. If, and this has yet to be definitively proven, there is no shortage of silver that the Earth can yield, then what at least is true is that there is the perception, and proof of such, that shortages do exist and are manifest about us.
Witness the recent runup in premiums placed upon most forms of silver that accompanied the downdraft in ostensible silver and gold prices, those both having been falsely derived from COMEX machinations. There is a different price for physical metals than there is for paper metals, and shortage or not, this divergence will continue every time demand outstrips supply, disrupting just-in-time inventories, or poorly planned government Mint's ordering of sufficient numbers of planchettes.
There IS a shortage of silver, and that shortage is evident in that demand IS outstripping supply. The shortage is due to an insufficient pipeline, the fact that a high percentage of silver is mined as a byproduct to base metals zinc, lead, and copper, and the fact that, even should further large deposits of silver someday be discovered, those new mining troves can take as much as a decade to become reliable producing sources.
Continue to stack silver, shortages or not. Continue to stack gold, price manipulations or not. These price crushing disruptions can kill optimism while fatally wounding conviction, but they offer remarkable opportunities long thought lost to those who are willing to steadfastly dollar cost average into markets that represent lasting value. Real money; silver and gold.
Buy Silver. Buy Gold. Save Copper. Start Now.
Prepping For The Silver Shortage
Many of my readers are members of various online forums on which are discussed the merits of real money, as well as prepping for TSHTF scenarios. Doubtless, we've all been party to worst case scenarios threads, and how we would prep for those situations. If we haven't already taken steps to build a pantry of non-perishable food items and stores of water, capable of sustaining our families for weeks, if not months, then at least some thoughts of "I really should do something about that" impinge on our collective unconsciousness.
As well, many have taken steps to defend what they've secured -- lasting stores of real value in metals, that will protect their purchasing power in hyperinflationary scenarios -- through means of their Second Amendment Rights. This includes having a safe storage site to secure the silver and gold you've been prescient enough to amass thus far, and further measures of force to deter theft should anyone decide that you would make a soft target. The internet abounds with tales of home invasions, and thefts from vendors following coin shows are not uncommon.
If not yet, we are nearing exhaustion the available stores of investible silver in forms that the average stacker can afford. Few have discretionary income that they can cavalierly toss about, allowing them to obtain 1000 oz COMEX silver bars, so for all intents and purposes, that source is academic. What we are finding to be true, that we have all been recent witness to, is that the existing supply of small forms of silver is currently inadequate to meet present demand; this while only one percent of the public -- aware of the need to divest from fiat and build their savings in real money forms, ie silver and gold -- is doing something about it.
The premiums that many complain about are symptomatic of this shortfall, and may lessen or increase from this point onward. No one can provide a definitive answer in that regard. But let's surmise that this is just the beginning, and that this shortage is only going to get much worse. For a moment, forget about gleefully rejoicing as silver and gold prices skyrocket to stratospheric heights (which they will inevitably do, sooner than later would be my guess)... and consider a consequence of investible silver items depletion.
People will awaken to their need for a sizable component of silver and gold asset allocation in their portfolios, and just as present stackers hurry to increase the size of their stacks, their ability to do so will be severely compromised. Not for lack of fiat, but due to permanent backwardization of silver and gold. A few years from now no one will be willing to sell their (really) priceless tangible physical metal for mere paper, particularly if valuation of those metals in rapidly depreciating dollars is shifting at an exponential rate.
Silver that was $55 at the moment of a private message may have increased $4.50 by the time of a response five minutes later, and then tacked on another $8 to its spot price by the time of a confirmation reply. Who would sell under such conditions? Such an event WILL come to pass, it's only a matter of time. During such a steep price rise few but the ignorant, blinded by avarice, would be willing to part with their coins, perhaps thinking that the buyers are fools, and that they will simply replenish their inventory when calmer heads prevail and the momentum money has all been spent.
But what if they couldn't find more physical silver or gold coins? Either a lack of affordable items, or a complete vacuum of investible forms. At some point the market will not pull back, or if it falls victim one further time to manipulations, the sellers will have by then wised up, and any paper loss will be more than accounted for with premiums that are intended to maintain price stability, and not prove ruinous for any hapless proprietor attempting to appease the spending fervor of avid throngs.
How will you prep for this forthcoming silver (and to a lesser degree, gold) shortage? If you could only make one more purchase today at current prices, even though it might take an eight week delivery... given a budget of $5000, what would you buy now... and WHY? Think on this and formulate a buying plan that you can place into action at short notice.
And if you're from the camp of those who are salivating for even juicier prices than what are currently being served up... wouldn't you feel chagrined if you went hungry in spite of your good intentions? All the money in the world packed into your wallet won't do you a bit of good if you're still studying the menu when the restaurant closes.
Buy Silver. Buy Gold. Save Copper. Start Now.
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