By Silver Shield
I made a call earlier this year that the debt ceiling would be raised after a Contrived Drama plays out in Washington. I became even more emphatic in April when I said that you can “Count On It!” The reason for my bold assertion is because I know that our debt based monetary system MUST have a constant expansion of debt in order to function. Our money IS debt and they are on in the same. Debt needs to be increased every year in excess of the debt AND interest accrued the year before or we would face a catastrophic deflationary crash. And since bankers profit from creating debt/money and politicians gain control from spending money/debt,they will not end this game willingly. They will put on a huge act to reign in our expectations,but this head fake will only result in a higher debt ceiling and QE3.
By Silver Shield
I wrote a month ago in an article called Silver Bullet and the Silver Shield, that silver is a vital commodity to our way of life. I stated that silver is a precious metal that is being trashed as an industrial metal. As a result, it is within years of becoming the first metal to become extinct according to the USGS. At some point the shortage is going to become so obvious, that people are going to rush to turn in their depreciating dollars for real silver money. That is just the monetary demand of silver, the industrial and strategic demand is another huge factor we should consider.
Corporations are going to secure stockpiles of this precious commodity so as not to cause any supply disruptions in their billion dollar a year operation. Take for example the $300+ billion Apple Computer. Apple Computer’s market cap rests upon the increased sales and production of computers. If every one of their $1,500 computers has a 1/10th of an ounce of silver in it, they will spare no expense to secure silver when it becomes hard to get.
The Silver Bullet and the Silver Shield is an informed opinion article weighing in at 11,429 words, 1127 lines and a mind boggling 23 pages. According to the author his “monster” has started to cause some waves out there.
Silver Shield's massive article covers all of the reasons why you should sell every asset you have right now and buy silver. It has been named “Article of the Week” at Silver Bear Cafe and has been translated into 6 languages in less than a week.
However if you don’t have the time or inclination to read 11,429 words, 1127 lines and 23 pages, I offer an essay by Robert Singer released December 13, 2008,
Silver, But No Silver Lining, barely 1,050 words, 81 lines and 2 pages.
Silver, But No Silver Lining
December 13, 2008
By: Robert Singer
The end of our consumer society is on the horizon, which should be no surprise to anyone who took Economics 101. Do we really expect to spend our way out of this mess by buying and selling each other useless cheap stuff from China?
As the financial collapse gathers steam, gold and silver oracles like Butler, Friedman, Morgan and Turk who have been predicting for years the launch of the price of silver to the moon will see their prophecy fulfilled, but a celebration is not in order.
Being wealthy during the last 60 years of unprecedented prosperity at the expense of the Third World and the environment is one thing, but profiting from a bull market in silver when millions of hungry Americans are living in tent-cities next door is quite another.
By Robert Singer
Headline today November 9, 2010: Gold and Silver Soar amid New Debt Woes and Gold Standard Talk
The last time the precious metals were in the news was March of 2008.
The Future of Silver, According to Adam Smith (1723-1790) was my attempt at humor after I began my lucrative Internet writing career.
David Morgan (www.silver-investor.com, one of the most respected newsletters in the industry) publishes an in-depth and comprehensive look at the micro and macro economics of the precious metal markets, read The Future of Silver and “thought my humor was terrific--.”
What follows is pure Unadulterated Unverified Mogamboism (UUM) and reflects my views on the future of silver and the planet. Any resemblance to real persons, living or dead is purely coincidental. Since Adam Smith or the Silver Smarty Pants (SSP) never agreed to a Mind-ray scan, neither of them could endorse these views, which may or may not prove to be correct. This was my attempt at humor released December 2008.
[Breaking News: November 9, 2010: 'JPMorgan traders bragged about manipulating the silver market' (in 2008), informant says is discussed in this article.
Robert Singer, proclaimed a Junior Mogambo Ranger (JMR) in 2008 interviews Adam Smith, telepathically.
I got out my new Matrix Mind-ray Scanner, delivered before The Sharper Image and our way of life filed for bankruptcy and Googled “who is the founding father of economics”.
Results: Richard Cantillon, Alexander Hamilton and Adam Smith.
I never heard of Cantillion and Hamilton is the father of Crony Capitalism.
I selected Adam Smith and set the device on “Interview”:
Adam: I hear the Commodity Futures Trading Commission (CFTC) is finally taking the Silver Smarty Pants (SSP) seriously.
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