14
Oct
Posted by KH » Add Comment »
Money Printing Factory VS Silver Minting Factory
Below is a video on how money is printed.
The next video shows how silver coins are made.
[Read more →]
Below is a video on how money is printed.
The next video shows how silver coins are made.
[Read more →]
^ Screen captured from Kitco.com, 11 October 11.15pm
Another evidence that physical silver is in crazy demand.
We apologize for any inconvenience this may cause you. We would like to thank you for your patience and for doing business with Kitco.”
– Kitco.comIn the following video, CEO of APMEX, Micheal Haynes explains the reason behind the current precious metals free fall and the brisk sales that APMEX is currently having.
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Continuing from my previous post, the video above is a detailed explanation of what Operation Twist is all about.
Last week was a bloodbath. Gold fell from high of USD1900/oz to USD1657/oz while Silver fell from high of USD42/oz to about USD30/oz.
It all started with Operation Twist 2. A cleverly engineered “economy rescue plan” by Federal Reserved’s Chairman. Last Thursday, Mr. Ben Bernanke announced Federal Reserved’s plan to sell off $400 billion worth of short-term debt and using it to purchase $400 billion of long-term Treasury bonds. This is “rescue” idea of keeping low interest rate for many years to come.
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Eric Sprott of Sprott.com and James Turk, of GoldMoney Foundation, talk about how there isn’t enough silver in the silver market to back existing “paper silver” commitments. Sprott thinks that “silver will be the investment of this decade”.
[Read more →]
Please make your own assessment of the relevance, accuracy and adequacy of the information contained in this Blog. You are advised to make your independent investigations as may be necessary or appropriate for the purpose of such assessment including the investment risks involved.