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This
is probably the best article on silver (not written by me) in the last
ten years.
The Silver Bullet And The Silver Shield
By Silver Shield, on February 25th, 2011
The Ultimate FREE Silver Investors Guide.
http://dont-tread-on.me/the-silver-bullet-and-the-silver-shield
This article covers so much, so well. I have almost no arguments with
the author, and that's really saying something. I linked to this
article once already, when I had scanned it, but after having read it, I can
say you MUST READ THIS!
The best argument for silver is that when you buy real silver, you own real
wealth, with allodial title. Unlike your car,
your home, or your bank account, or your brokerage. All the other stuff
can be encumbered easily. Your car is registered annualy
for a fee. On your home, you pay property taxes. On
your bank account, you lose money due to inflation, and it's really the
bank's money. Your brokerage accounts, you pay a fee, and your stocks
are also in the name of the DTCC. http://www.dtcc.com/
With silver and gold, in your hand, ONLY YOU own them, and you don't owe
anyone else anything at all, they are not registered, you pay no ongoing
taxes or fees. Storage will cost you only slightly more than to keep
yourself safe. Buy a vault, and a gun, and take responsibility for your
own wealth, it's really simple.
This one article is making waves, and already making enemies, and revealing
bias among others in the precious metals community.
My Skirmish With 321Gold
By Silver Shield, on February 27th, 2011
http://dont-tread-on.me/my-skirmish-with-321gold
The author tried to get it published at 321gold.com, and ran into a
problem. The article is too good, kind of like an article I wrote and submitted
to 321gold.com about 4 years ago, when silver was just over $6/oz., see:
I’m Insanely Bullish on Silver
http://news.silverseek.com/GoldIsMoney/1087707141.php
I published Bob's nasty comments to me here:
http://silverstockreport.com/reports/silverstockreport40.htm
Bob,
of 321gold.com, is part of the problem. He would rather not publish
well researched facts, to "save his readers" from buying into what
he thinks was a near term top that might see a 10% pullback. He
doesn't want his readers to buy into a top; to protect his readers, or to
protect his reputation? OK, I hope I helped to expose him for what he
is. Apparently, Bob was trying to protect his readers from the risk of
buying silver at $6/oz., too! HA HA!!
Well, I'm also part of the problem. I'm selling silver, oh no!
I'm helping to keep a lid on prices! (Not really). I
just raised my prices just a bit tonight because we are
selling out of inventory just a bit too fast. There will be absolutely
no discounts for anyone after 10AM tomorrow, unless someone orders over
$100,000, and is willing to wait for delivery from our wholesalers. Today,
we sold over $280,000 worth of precious metals, or more, and bought about
$5000 worth from the public, the rest was repurchased from our suppliers;
mints, refiners, and wholesalers. Tomorrow will be another shockingly
busy day.
Here's my worry: The news is that JP Morgan has shorted 6000 contracts
last week, when there were no other sellers, and is rumored to be paying
out 80% premiums to holders of silver futures to take cash settlement offers,
because they can't come up with the silver to deliver. This is a delivery default, the one we
were watching for. JP Morgan sold 30 million
oz. of silver, on paper, which is over twice the world mine supply for the
week.
http://beforeitsnews.com/story/....
See a key source following and reporting on this ongoing silver default:
http://harveyorgan.blogspot.com/
The people who are getting these 80% premium cash settlements need to buy
physical silver, as it will quickly sell out, or run to $59/oz.,
the rumored level of their payout, or bribe.
Furthermore, two of our best wholesale suppliers of silver eagles are SOLD OUT!
That means we must ration our remaining supply, or find other
suppliers. If there are any suppliers of Silver Eagles reading this who
have them IN STOCK for immediate shipment and delivery at less than
$3/oz. over spot, please contact me at j@silverstockreport.com
!
So far, I can survive this ongoing default and silver eagle shortage, since I
can sell low on Eagles, and simply stock up on other forms of silver.
Here's another shocker! JP Morgan Chase is our bank. Sorry.
They just asked us, as if it's standard business practice for all of their clients
in the bullion trade, to name all of our suppliers. I said,
"Why bother, you have our banking records, you know who our
suppliers are, but I'm not going to tell you specifically." If
they insist, I'll simply list the LBMA refiners
http://www.lbma.org.uk/pages/index.cfm?page_id=30
Those are JP Morgan's suppliers, there appear to be about 100 refiners on
their list, and they can't find enough silver to back even 5000 contracts,
for 25 million oz. of silver!
Ted Butler reveals that JP Morgan, acting like a cornered rat, sold short
6000 contracts of silver, and increased their manipulation even more.
Silver Shocker
By: Theodore Butler
Posted 7 March, 2011
http://news.silverseek.com/SilverSeek/1299509764.php
What to do? More good advice: Buy physical:
I Get It Now.
By Silver Shield, on March 3rd, 2011
A beginners to guide to investing in physical silver.
http://dont-tread-on.me/i-get-it-now
Only problem I have with that report is that the author says to avoid bullion
dealers, or coin shops. Well maybe most of them, but not all of
them. We, at JH MINT, don't push any numismatics on anyone.
We steer people away from numismatics, and into the cheapest bullion we can
find. Then, we buy back more of it, in bulk, fast.
So, we recently read that Jim Puplava
waited 3 months for a tonne of silver, and Sprott waited for 2 months for a few million
ounces. We never wait for more than 7 days for silver; we only buy it
from people who have it available for immediate delivery. And we only
sell what we have. And if we don't have it, we know we
can get it fast.
It's a shame that these other people never contacted us.
We would have loved to help them find out where to order
silver. Again, contact the suppliers on the LBMA list, it's no
secret. But be prepared for $300,000 minimum orders,
or even a minimum order for 300,000 oz. of silver from a big producer like Penoles; that's about what they produce every day.
JP Morgan's problem is that the Penoles silver
production, less than 9 million oz. over 30 days, is likely already spoken
for, and is less than they need this month.
It will be an interesting month.
Jason Hommel
Silver Stock Report
I strongly advise you
to take possession of real gold and silver, at anywhere near
today's price, while you still can. The fundamentals
indicate rising prices for decades to come.
Follow me on facebook!
http://www.facebook.com/jason.hommel
Or Youtube!
http://www.youtube.com/user/bibleprophesy
JH MINT & Coin Shop, Grass Valley, CA
Minimum order $5000, USA shipping only.
Open 10AM to 5PM Pacific Time, Monday to Friday, closed weekends and bank
holidays. (Also Closed from Dec. 25th to Jan 1st)
www.jhmint.com
(530) 273-8175
Kerri handles internet phone orders:
kerri.jhmint@yahoo.com
(530) 273-8822
If we can't fill your
needs, or if our phone lines are too busy, try my mom's shop, located in
Sacramento, CA:
www.momssilvershop.com
(916) 481-5656
mom@momssilvershop.com
You can also buy and
sell silver at auction, online, for only a 1% fee, at:
www.oneoverspot.com
In Portland, Oregon, a new bullion shop opens up, and needs customers!
http://www.goldsilversupply.com/
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