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For
those of you still holding on to your paper silver and paper gold for
inexplicable reasons, consider this massive dip in silver prices in Asia that
occurred this morning as an opportunity to convert your PAPER silver into
PHYSICAL silver. And if silver keeps dipping this week, though it has already
rebounded by 6% from its low of $42.17 in Asia this morning as I write this
article, then use the extended opportunity to convert even more of your PAPER
silver into PHYSICAL silver. Currently, gold has hardly dipped at all, down
less than 1% from Friday’s close, but if the bankers successfully
orchestrate a further take down in silver futures in New York today and for a
few subsequent days, then the price of gold futures will likely follow it
down as well.
Want
to send the bankers a message and serve up the biggest nightmare possible to
bankers? Use the massive dip that they thought would scare all silver holders
out of their position as an opportunity to finally extract yourself from the
awful possibility that silver and gold paper derivatives such as the SLV, GLD, and gold and silver futures contracts may crash in
value in the future, even as the price of physical gold and physical
silver rises, as more and more paper gold and paper silver owners convert
their paper into physical. Convert your PAPER silver and PAPER gold into
PHYSICAL silver and PHYSICAL gold now. In
fact, use this dip to convert any paper, including dollars, Euros, Yen, and
pounds, at your disposal into physical gold and physical silver.
In fact, use this dip to convert any paper, including dollars, Euros, Yen,
and pounds, at your disposal into physical gold and physical silver.
You
can have peace of mind knowing that your physical gold and physical silver
will likely continue rising much higher, despite interim volatile
corrections, while
paper gold, paper silver, and all paper fiat currencies have
no guarantees against crashing in the future. Imagine if this
banker-orchestrated dip in silver had the exact opposite effect that the
bankers had hoped to achieve and instead triggered a further run on physical
silver and physical gold by granting a people a window to convert their paper
precious metals into physical precious metals?
Remember, the University of Texas Investment Management Company
(UTIMCO) converted nearly a billion dollars of their PAPER gold into PHYSICAL
gold last month because the cracks in the paper gold and paper silver
scam were beginning to show. Even if this massive silver dip is short-lived,
the time to change paper gold and paper silver into physical gold and
physical silver is now. Even if you are a PM speculator versus someone that
buys PMs to preserve his or her purchasing power, converting paper to
physical still makes sense. One can always purchase put options on a variety
of paper silver derivatives/stocks as insurance against further downside
right now while strengthening one’s long position by converting paper
to physical.
J.S. Kim
SmartKnowledgeU
JS Kim is the Managing Director and
Founder of SmartKnowledgeU, a fiercely independent investment
consulting and research firm that devises investment strategies to protect
Main Street from the fraud of Wall Street.
Article originally published
on SmartknowledgeU here
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