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<p>[QUOTE="T-roy W, post: 3272339, member: 99793"]in my opinion the price of silver should be much higher. </p><p><br /></p><p>Less silver is mined per years than what is consumed.</p><p><br /></p><p>Not all silver in electronics, photography, medical imaging, ect...is recoverable</p><p><br /></p><p>and there are literally millions upon millions of people world wide saving(hoarding)silver in place of investing in an over bloated stock market. In india where gold is king(queen) to the ladies, many have switched to silver because gold is too expensive.</p><p><br /></p><p>I believe in part, the reason why silver is so low is because investment bankers like JP Morgan are shorting the hell out of all the metals...in 2017 JP Morgan was given 10 years immunity from regulatory oversight (i.e. immunity from prosecution) so to allow them to further manipulate the price of silver and basically rip the small investor off...</p><p><br /></p><p>Also with regards to the stock market, try to find a mutual fund which does not invest in at least one paper company such as facebook, LinkedIn, twitter. In 2006-2007 the us government passed a bill which allows employers to force you into the 401K program.</p><p>And where does your 401K go?</p><p>Into mutual funds...</p><p><br /></p><p>who the fluff out there thinks facebook with approx. $4,000,000 in sales last year is worth $100,000,000 (one hundered million dollars). same with twitter, same with LinkedIn same with all these tech companies your 401K money props up.</p><p><br /></p><p>The stock market is about to crash and the us government as already put in the framework (laws) for a bank bail in just like Cyprus and Greece a few years ago.</p><p>That means the banks close for a few weeks and steal a certain percentage of your money and give it to the banks to "shore them up"...all while giving themselves multi-million dollar bonuses...</p><p><br /></p><p>My money is still on silver for the long term (10-20 year range)</p><p><br /></p><p>thanks to all who listened to my rant and please prove me wrong.[/QUOTE]</p><p><br /></p>
[QUOTE="T-roy W, post: 3272339, member: 99793"]in my opinion the price of silver should be much higher. Less silver is mined per years than what is consumed. Not all silver in electronics, photography, medical imaging, ect...is recoverable and there are literally millions upon millions of people world wide saving(hoarding)silver in place of investing in an over bloated stock market. In india where gold is king(queen) to the ladies, many have switched to silver because gold is too expensive. I believe in part, the reason why silver is so low is because investment bankers like JP Morgan are shorting the hell out of all the metals...in 2017 JP Morgan was given 10 years immunity from regulatory oversight (i.e. immunity from prosecution) so to allow them to further manipulate the price of silver and basically rip the small investor off... Also with regards to the stock market, try to find a mutual fund which does not invest in at least one paper company such as facebook, LinkedIn, twitter. In 2006-2007 the us government passed a bill which allows employers to force you into the 401K program. And where does your 401K go? Into mutual funds... who the fluff out there thinks facebook with approx. $4,000,000 in sales last year is worth $100,000,000 (one hundered million dollars). same with twitter, same with LinkedIn same with all these tech companies your 401K money props up. The stock market is about to crash and the us government as already put in the framework (laws) for a bank bail in just like Cyprus and Greece a few years ago. That means the banks close for a few weeks and steal a certain percentage of your money and give it to the banks to "shore them up"...all while giving themselves multi-million dollar bonuses... My money is still on silver for the long term (10-20 year range) thanks to all who listened to my rant and please prove me wrong.[/QUOTE]
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