American says: The US can also invest Fifty Trillion dollars in gold and silver. In fact, the Fed is printing the dollar into worthlessness just so they can give 'bailouts' to the rich and the rich can invest in metals to avoid the rampant inflation. So, if you Indians want to get yours you had better hurry. :hail: :smile
There's more Chinese with investable income then the entire American population and the chinese government is encouraging gold and silver investing. 1 acre land in upscale Mumbai was sold for $100 million plus, 2 years back. Real estate prices is sky-high in India. So Indians must sell real estate and invest $50 Trillion in Gold and Silver because India has the highest inflation (thanks to Obama) A German Shepherd dog in India was sold for $100,000. Vijaya Mallaya who owns the biggest Alcohol factory sells a bottle of whiskey for $200.
Any more than roughly $5 billion invested into physical silver would cause a supply shortage at the current spot price. There's no way even just $1 trillion can enter that market unless the price goes into outer space. This should cause wonder at how the 2nd most useful commodity in the world that cannot be reproduced is not capable of accepting the amount of money the Fed prints each year. Gold could probably handle it though. It has way more supply.
There is estimated $1.5 Trillion worth of physical silver and $60 Trillion worth of physical Gold in this world.
He went by many names, a new one every time one of his pop-up accounts was blocked. The website this guy links to does offer gold and silver storage services, land for sale, and whatnot. Smells like spam to me; I'm not sure this is the same guy as before, but he certainly looks like a kindred spirit.
The trillions go up each time this topic is restarted. Maybe we will see quadrillion next. (If Obama doesn't beat him first)