I Will Pay $400/ounce for Silver

[TooBigTooFail]

I will pay $400/ounce for Silver to all the Silver sellers in the world. But I need $5 Trillion to buy all the Silver in the world at $400/ounce.

Today inflation adjusted Silver is $400/ounce. Give me $5 Trillion and I will change world financial markets forever.

I am just saying that invest $5 Trillion in Silver in next 60 days and Silver will be $400/ounce (inflation adjusted) by March 2012.

140 million millionaires, 1,000 billionaires, governments, giant banks and investment companies (I have sent emails to their CEOs) can easily invest $10 Trillion in Silver and $30 Trillion in Gold.

 

[eduardo89]

Fire11

 

[legion]

http://www.southparkstudios.com/clips/222708/paying-for-everyones-debts

 

[Simple]

Only 5 trillion? Let me check under my couch cushions.

 

[kill the banks]

charge it

 

[PaulStandsTall]

Or somehow get a ton of people to buy a small quantity.

Edit: If anyone here is willing to buy silver at $400/oz, I will happily sell you ALL of mine. After which, of course, I will be heading to Apmex.com.

 

[Steven Douglas]

PM's are the highly distorted meters/indicators that many see as gauges on how well a given currency is doing. Gold can soar, but as long as silver stays low, we can call this disconnect a speculation driven "bubble". Nothing to see here, move along, and pay no attention to other commodities, since fiat currencies are "performing" relatively well against their former hard specie counterparts.

If you are interested in keeping "faith" alive in an irredeemable currency, the last thing you want is for ANYONE to inflate the price of its traditional indicators - thus devaluing ALL currencies at once in many more minds. The LAST thing you want is a complete run on precious metals, with prices soaring with a velocity that reaches the point where everyone loses faith in paper currencies, as the vast majority become physical-only bulls who start looking, en masse, for anything of durable value, not just PM's, as not only a hedge, but a refuge against counter-party claims of all kinds.

Governments are certainly investing their currencies in hard specie, primarily as leverage, or fractional reserve control over its prices through derivatives, with only a secondary, but ultimate hedge against eventual fiat currency collapse. But the idea that they (the only ones capable of actually creating $5 trillion) actually want these metals to increase in price is ludicrous, as it would be self-defeating.

Roosevelt wanted gold to be worth $20/oz. so long as there were viable claims on that gold - for which he traded paper. It was not until the gold itself was confiscated, taken out of individual circulation and made the playthings of the state gods, that its price went immediately to $35/oz.

So yes, PM's will ultimately soar, but not while any juice is left in the established Ponzi currency - if governments and their central banks have anything to say about it. Until then, everyone is practicing Churchill's version of diplomacy - "The art of saying nice doggy until you can find a rock."

 

[TooBigTooFail]

If anyone here is willing to buy silver at $400/oz, I will happily sell you ALL of mine. After which, of course, I will be heading to Apmex.com.

There are 1 million or more silver coins which command price of $100 to $260 an ounce. This means, today there are buyers who will pay $100 to $260 for 1 ounce silver.

 

[BrendenR]

Invest 5-10 trillion in anything and the price will go up substantially, what is your point?

You think this is going to happen soon? What makes you think that?

 

[TooBigTooFail]

Invest 5-10 trillion in anything and the price will go up substantially, what is your point? You think this is going to happen soon? What makes you think that?

I have it from absolutely incredible sources that Silver will be around $565 per ounce by August of this year. To the moon.

A multi-millionaire made his money in commercial real estate. After the market crash in 1987 he went to almost all silver. He owns so much silver since 1987 that he has it all stored in a Brinks vault and only buys (and has bought for a couple decades) 1000 ounce bars for space purposes.

There's more Chinese with investable income then the entire American population and the Chinese government is encouraging gold and silver investing.

A member here posted Silver will reach $50,000/ounce because of giant frauds in world economy.

 

[TooBigTooFail]

There's more Chinese with investable income then the entire American population and the Chinese government is encouraging gold and silver investing.

Here is a picture of a freeway in China taken 2 weeks ago. Need I say more?

 

[TooBigTooFail]

Who will buy Gold & Silver if Silver does not reach $565/ounce by August this year.

People will sell all their Gold & Silver if $400/ounce or $565/ounce Silver is not reached and then world economy will crash without gold & silver.

Why are presidents & prime ministers are quiet about Gold & silver price manipulation? Do they think some miracle will save world economy?