Recent content by rckt24

silver is recycled, recirculated, coins melted, and a lot of silver is thrown away all of the time never to be recycled. I'm not saying I think there are only 1 billion ounces but you have to take these things into consideration.

as the price increases more silver comes into the market might be an explanation

I have a feeling the biggest problem with this movie is going to be Paul Johansson.

Only pennies and nickels are illegal to melt. Dimes and quarters can be melted.

most of the time he is talking about what is going to happen as opposed to what he thinks should happen and what he thinks the outcomes will be. But as you say he never says the FED needs to be abolished but that the FED just did everything wrong and he does talk a lot about gold being a part...

poor search results relative to what?

There has been a few days where silver has pulled gold higher this year, but if you are talking longer term, as in more than a few days, then I don't think it has done that. One such day: http://jsmineset.com/2010/08/25/extraordinary-action-in-silver-helping-pull-gold-higher/ Also just a...

He is good at helping people save and pay down their debts but it will be the people who save that will be hurt the most by all of this inflation. He has no concept of what real money is.

Peter Schiff's response: http://www.youtube.com/watch?v=_VpxCBUwJpw

a 100% fully backed gold standard would require much higher prices than they are now because there is not enough gold at the current prices. In a recent King World News interview Jim Rickards was saying we should go to a 20% backing but I can't remember what he said the price would need to be at...

Looks like it as long as the new bill passes. http://blogs.forbes.com/deanzerbe/2010/12/10/tax-deal-details-santa-goes-big/

This was the best segment I've heard on the Peter Schiff show so far. It was very enjoyable listening to Peter dismantle Robert Creamer's Keynesian, tax the rich logic and I highly recommend it. YouTube - Peter Schiff debates Robert Creamer from HuffPo - Part 1 of 3 YouTube - Peter Schiff...

CAD does rise against USD as commodities and natural resource prices increase because they are a big exporter but they do also print because their leaders are afraid their currency rising will hurt their exports to the US.

http://marketwatching.freeforums.org/gold-f3.html There are some traders on that site that trade the metals and mining stocks that post to a daily thread and have austrian views.

you're young. take some risk by buying junior mining companies that are producing silver and actively seeking to increase their production of silver. don't waste time on dividend paying stocks or very long term growing stocks with only $2000. First Majestic (fr.to), Endeavour...