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Thursday, June 2, 2011

Where will you be when a crisis hits?


Where Will You Be When Reality Hits
Silver Shield
June 2, 2011
Below is a huge chart showing the Registered CRIMEX Silver Inventory since 1996. The amount of silver that the CRIMEX has available for delivery for its paper contracts has never been lower, at 29 million ounces. This is even lower when Warren Buffet was buying silver in the late 90′s.
chart1
The thing I find most interesting is the recent inventory drop. This current silver bull got started in September when JP Morgue closed their commodities prop desk and silver went from $17.76 to $50. Despite the tripling of price and a violent smack down in May, the only thing consistent, is that the REAL inventories are going straight down. Logic would dictate that if prices triple either more inventory should find its way into the market or at the very least, make it too expensive for people to buy. Or the aggressive volatility up AND down would scare people away from this investment. Despite the massive upswing in price and the very apparent market manipulation from the masters of the universe, REAL physical silver keeps leaving those paper traitors in to the hands of the Aware.
All of this has happened while 99.9% of the world is completely unaware what physical silver represents as a investment. Someday soon, reality is going to hit humanity and there will be no going back.
  • The reality is that there is only 29 Million ounces of REAL physical silver against the BILLIONS of paper ounces trading on the CRIMEX.
  • The reality is that if less than 3% of all paper silver contracts stood for delivery, there would not be enough silver to cover that promise to deliver.
  • The reality is that the 8 largest banks are short 150 days of worldwide physical mining production of silver, there is not enough physical silver in the world to cover that position.
  • The reality is that we are on the verge of the greatest financial crisis the world has ever known, all because of fiat paper and fractional reserve banking.
  • The reality is that when this collapses, ALL paper assets will be destroyed.
  • The reality is that wealth will change in perceived value and that REAL assets will be the ONLY place to be.
  • The reality is that less than a fraction of a percent of the world’s wealth is in REAL assets like silver and Quadrillions are in paper assets.
  • No other REAL asset has the more uses and has been suppressed for so long as silver.
So where will you be when reality hits?

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