By Silver Shield, on August 25th, 2011
One year ago marked the beginning of silver returning to it’s rightful role as money in the world. One year ago silver was at $17.76 an ounce after a very long and drawn out consolidation that went all the way back to St. Patrick’s Day 2008. One year ago was the beginning of silver’s breathtaking run to almost $50 an ounce, a 178% return. Even today, despite the massive paper attack in May and the last two days, we are still up 104% year over year.
When I published the ground breaking Silver Bullet and the Silver Shield article February 25th silver was at $32. On June 27th I said to buy physical silver at $33 silver. Both date’s were very good days to buy and never went below those numbers. Now I am telling you all, for the last time, buy physical silver. I will be taking this weekend to make every effort I can to make those that have been wavering in their purchase of physical silver, to make the commitment and to do it before the end of this month. I believe that we are on the knife’s edge of a major shift that will make silver untouchable if you do not secure your metal right now.
The end of this month marks a seasonal shift for silver investors and the end of the “sell in May and go way.” With the expiration of the CRIMEX contract today and with Bernanke’s possible announcement of QE3 tomorrow, this could be that last, best time in your life to buy physical silver. If you look at this 37 year seasonal chart for silver you can see that the last week of September is the beginning of a very strong seasonal move in silver that should take us into another strong run all the way into February. If we get something similar like we did last year and it runs until May, we could see $100 silver early next year.
I do not believe we will see $100 silver, because of the massive fraud in the metal suppression business will make silver unattainable. Silver and gold are direct competitors to the Dollar. The folks at the Fed, the Treasury and JP Morgan do not want to see silver rise in price. They suppress the price, because if silver rose that would mean that the basis for all of their power, the dollar, would become worth less and eventually worthless. Andrew MacGuire exposed this fraud and nearly paid with his life in a very suspicious hit and run. His claim is that there is 50 to 100 times the amount of paper traded for every physical ounce of real silver and gold. Just look at all of the manipulation in the May silver drive by shooting I reported on. The Elite use a myriad of paper schemes to suppress the price of the physical metal. They all work rather effectively, until the day comes that they cannot deliver on what they promised.
This coming seasonal silver bull run will coincide with a collapse in the dollar and the world’s paper markets. There will be a rush of humanity into anything of real tangible value. Unfortunately, there is going to be a lot of upset people who think they have gold and silver, only find out that they only have nothing. If you don’t hold it, you don’t own it. When this new reality becomes evident to those that do have the metal, they will not part with it for some paper money that they did not want years before. (Read: The 11 Mentality Shifts of Silver Investors.) That shift can happen in the span of a few days. With the length of time I know it takes to move money around, if you wait until “it” happens, it is too late.
I think even Steve Jobs resignation yesterday marks a very important shift in people’s faith in paper assets. It was widely reported that Apple’s market cap was higher than 32 of the largest banks in the Euro Zone. It seems that all of the Elite money managers love Apple. Apple’s market cap is the largest in the world and it is driven mainly by the cult like following of Mac users to Steve Jobs. (I am guilty of this, since I own an embarrassing amount of Apple products.) At the end of the day, what goes up must come down. I would hate to be Tim Cook today. No matter what this guy does, he will never fill the shoes of Steve Jobs. Even if he does prove to be successful CEO, the inflated market cap of Apple will take a hit as people’s perceptions of the company will be deflated without the God-like influence of Steve Jobs. The fall of Apple will leave a lot of money searching for a home. With the mathematically inevitable collapse of the dollar, there is no good place to keep your wealth inside the paper casino.
This seasonal shift is coinciding with a secular shift in power, so when I say that this could be your last, best chance to buy physical silver, I do not say this for shock value. I say it because we are entering the most dangerous time in humanity as we head into this fall and into 2012. This will not be another 2008 or 1929. This mathematically inevitable collapse of the dollar, will be the single largest event in human history. The collapse of the dollar will alter the way we live for generations to come. When it collapses, all paper assets will become worthless as the very basis for the paradigm ceases to function. Not only will people’s perception of values shift, I believe that power will shift from West to East and that will lead to war.
I have made every effort I know to convince you to sell every single paper asset you own to buy physical silver. I stated in the ground breaking article The Silver Bullet and the Silver Shield that, “Buying physical silver is by far the greatest act of wisdom and rebellion any American can and should be doing right now.” In that article, I put forth a plan that will fundamentally change the game and do it from outside the system. It will overthrow the Elitist system that enslaves us with debt and do so without a shot being fired. Most importantly, there is no way the Elite can stop it. The plan is quite simple, sell every paper single asset you own right now and buy physical silver.
As with anything else in life, knowing the answer is not as important as knowing the “why.”
The “why” is what brings about fundamental change in your thinking.
This change in thinking brings about absolute certainty of the outcome.
Absolute certainty brings about massive action.
If that was not enough, I went ahead and provided 10 more influential articles that further expanded the understanding of owning physical silver and that it is the greatest investment opportunity in human history. I did not stop there, as I then set about on a campaign to knock the foundations out of all other things that you might have faith in. I exposed the dollar, bonds, IRA’s, 401K’s, Gold, paper gold, paper silver, SLV, CRIMEX, BullionVault, Hong Kong Mercantile Exchange, Real Estate, unemployment and inflation statistics, where you live, your awareness, your thinking, your politics, your pay check, your paradigm, guys against the banksters, and even other gurus and writers that say the dollar is going to collapse, only to lead you back to other paper assets. I did this to get you to really think about where you are putting your faith and to take massive action before the collapse.
In my first article Doom is Always 6 Months Away I put forth a theory that at some point “the physical market of silver will not be available at any price.” The paradigm shift that I went into further detail in the Silver Door is Closing and the 11 Mentality Shifts of Silver Investors will bring about such a change in public perception of silver that those that have the silver, will no longer even consider selling it for worth less paper money. When you see action like Hugo Chavez bringing home tons of real gold from England to Venezuela, that shift is happening. When you see the massive moves in the paper markets versus the real markets, that shift is happening. When you see that the Fed can print $16 trillion out of thin air, that shift is happening. When you see that the Governments will never say no to debt and the economy is headed down again, that shift is happening. At some point in the very near future, a change is going to happen and if you are not into the safety of real assets, it will be too late.
I am not the only one that is seeing this move. One of my favorite writers, Jim Willie said last week, “The Silver investment demand is due to a big important recognition that Silver is in the process of resuming and reclaiming its monetary role. The Chinese lead in that parade, adding silver to their reserves in management of their $3.2 trillion reserves booty.” With only 33 million ounces of silver in the Registered vaults of the CRIMEX, that is less than a .0375% of just Chinese reserves foreign reserve. That silver is less than six hours of debt that our government has been printing up at a record pace. Less than .3% of Apple’s Market Cap could buy up all of the remaining silver at the CRIMEX. With 28,000+ contracts of open interest just in the September CRIMEX contract alone, only 23% of those contracts need to stand for delivery next month and there would be no physical silver left. If we included all of the other contracts floating on that same metal all the way out until 2016, that drops to just 6% need to stand for delivery. The actual amount in the vaults have been draining so fast and so long, that we are coming near the event horizon for silver. When that happens there will be no “do overs”, just people with their “shoulda, woulda, couldas” and those with the real stack.
Read more:
http://dont-tread-on.me/btfd-silver-shields-final-warning/#more-6039
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