Sunday, August 19, 2012
Gold Prices Stall, Silver to Explode
Gold futures are now trading comfortably above the psych mark of $1,600.00. Near-term trading is within a well-defined range on the daily chart. But the fundamentals for both Gold and Silver remain rock solid ,As the US Mint reports 190 silver coins sold for every oz of gold. In real terms that can be expressed as 190x$28(silver)/$1620(gold)= 3.3 to 1 silver to gold ratio not 58:1 as officially reported. Take paper silver out of the equation and that puts silver at $490+. Buy, buy, buy! This is the greatest opportunity in human history. Put the banks out of business in September. Buy SILVER TODAY!It has been proven many times how we have lost way over 90% of the value of the dollar since 1913 & the start of the FED. We just have artificial advantages with the dollar being the reserve currency of the world & the banksters still haven't drained all the wealth a way from when we were truly free. The FED has caused every Boom & Bust first by Inflation of the money supply cheap to the banks then by Deflation little printing & High interest charged to people. it is a total rip off scam.