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<p>[QUOTE=&quot;InfleXion, post: 1815408, member: 29012&quot;]I am probably one of the so-called to the mooners, and fundamentally nothing has changed since then except my knowledge and perception.</p><p><br /></p><p>Considering that:</p><p><br /></p><p>1) The price setting mechanism for silver is controlled by exchanges which</p><p>a) Are overseen by an inept governing body (CFTC)</p><p>b) Maintain their own vaults with no outside influence</p><p>c) Are known to have between 50:1 and 100:1 paper to physical metal leverage according to Adrian Douglas&#039; congressional testimony</p><p>d) Have a steward of the SLV (JPM) which is a primary dealer of the Federal Reserve and are thus privy to limitless amounts of free money to use however they please, with the only known oversight being GAO audits years after the fact (case in point - $16 trillion in emergency loans under the table along side TARP which was a mere $700 billion and people got in an uproar about that tiny amount)</p><p><br /></p><p>and</p><p><br /></p><p>2) The average US citizen is a victim of undereducation and status quo indoctrination by the boob tube and thus</p><p>a) has no comprehension of the concept of real money or historical monetary cycles</p><p>b) has no desire to plan for the future with an egocentric mindset for immediate gratification</p><p>c) is in complete denial about the reality of the economy</p><p>d) does not have a clue that $4 trillion in QE has produced only $40 billion in GDP growth at the expense of their own buying power</p><p>e) in today&#039;s stagnant job market has little money to spend on their future even if they aren&#039;t ignorant</p><p><br /></p><p>It should come as no surprise that the price of silver has underperformed rational expectations. I personally do not believe we will ever see $50 silver. The price will not be freed until the dollar collapses under the weight of an exponentially growing debt burden, since that very burden is used to control the price. If silver manages to go into a real shortage it will accelerate that process as people would notice and then abandon the inferior debt-based currency for real money as history has shown time and time again.</p><p><br /></p><p>It has been said silver is an end game play. Anyone trying to get rich quick without providing a good or service deserves to be fleeced. Anyone storing up tangible assets for retirement will be in a position to benefit when the games being played today run their course. The benefit will not be in dollars, but rather wealth expansion through increased buying power when the scales are finally rebalanced.</p><p><br /></p><p>The way I look at it is with the old adage &quot;the only way to win is not to play&quot;, and by that I mean to exit the debt-based slave currency for real money. If people continue to seek dollar denominated gains then they are playing the game, but I have reversed my mindset in that I look at every metal purchase as a profit because I was able to trade in paper currency in which the value is entirely promisary that cost me nothing but my time+labor in exchange for real money with inheret value and freedom from the hidden tax of inflation. Since I didn&#039;t have to pay any money to get my paper currency my metal money is pure profit at any price.</p><p><br /></p><p>This is the ultimate mindset everyone will come to when the facade of fiat currency runs its course, and is the standard of all monetary systems at their inception. Without metals there would be no such thing as dollars today, as dollars simply usurped the function of metals with the added absence of accountability to supply (thin air vs. mining) which is beneficial to the money masters for obvious reasons. Being ahead of the curve will help secure your financial future.[/QUOTE]</p><p><br /></p>

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