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Silver dropped to $12 now is back to $15 in only two. Did it impact you?
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<p>[QUOTE="Reid Morgan, post: 4290739, member: 108339"]Once again, the $14.45 price you refer to is the paper silver price per ounce. The physical silver price is now north of $21 per ounce and climbing. In the 3/30 weekly of Coin World, the U.S. Mint has 100% depleted its supply of silver eagles, as demand has gone up 300%. It has no more to sell.</p><p><br /></p><p>You're STILL snoozing, man!</p><p><br /></p><p>Let's list just a few points.</p><p><br /></p><p>The US$ has been a fiat currency since 1965;</p><p><br /></p><p>The Treasuries market locked up with a liquidity crisis and took $1.5 trillion to bump up the market FOR AN HOUR.</p><p><br /></p><p>The corporate debt market also began to lock up and the Fed committed to throw another odd trillion $ or so.</p><p><br /></p><p>Just a day or two ago, the Fed committed to print an endless stream of fiat US currency to prop up the world's economy, all based on fiat currencies.</p><p><br /></p><p>You read today's unemployment report? You read the regional Fed chairman's prediction of our expected unemployment rate by year-end?</p><p><br /></p><p>I hear snoring about $14.45 unobtainable physical silver. Wakey, wakey![/QUOTE]</p><p><br /></p>
[QUOTE="Reid Morgan, post: 4290739, member: 108339"]Once again, the $14.45 price you refer to is the paper silver price per ounce. The physical silver price is now north of $21 per ounce and climbing. In the 3/30 weekly of Coin World, the U.S. Mint has 100% depleted its supply of silver eagles, as demand has gone up 300%. It has no more to sell. You're STILL snoozing, man! Let's list just a few points. The US$ has been a fiat currency since 1965; The Treasuries market locked up with a liquidity crisis and took $1.5 trillion to bump up the market FOR AN HOUR. The corporate debt market also began to lock up and the Fed committed to throw another odd trillion $ or so. Just a day or two ago, the Fed committed to print an endless stream of fiat US currency to prop up the world's economy, all based on fiat currencies. You read today's unemployment report? You read the regional Fed chairman's prediction of our expected unemployment rate by year-end? I hear snoring about $14.45 unobtainable physical silver. Wakey, wakey![/QUOTE]
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Silver dropped to $12 now is back to $15 in only two. Did it impact you?
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