Yeah great. But how long will this more than ever reserve last?
Archive for June, 2008
Silver on Main Stream Media
Well, Canadian Media at least:
The Fall of Roman Empire
From the monetary point of view:
Somebody said that history repeats itself:
China to Protect it’s 1.8 trillion from Dollar Crisis
New Bretton Wood agreements in the loom? What was Gold/Silver’s role in the Old agreement from 1949/1970s again?
http://www.reuters.com/article/reutersEdge/idUSL0221460620080603?sp=true
Dollar was pegged to Gold at $35/oz at that time. But don’t forget, today there’s over $30000 Dollars out there, for each oz of Gold. Don’t even ask me about Silver: http://midsouthgold.com/Silver2.htm
Oh yes, here is this year’s Chinese best seller on economy, urging it’s people and government to convert 200 billions of it’s Foreign Reserve into Gold every year: http://www.lierwa.com/book/23/.
Silver Eagle Rationing
Silver Eagle Rationed(http://www.silverinstitute.org/news/pr29may08.html), while there’s currently, and always will be, adequate silver to cover any demand that surface: http://www.cftc.gov/newsroom/generalpressreleases/2008/pr5499-08.html
And this rationing is ILLEGAL: http://news.silverseek.com/SilverSeek/1212595279.php
