<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss' xmlns:gd='http://schemas.google.com/g/2005' xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-734580283255202629</id><updated>2011-07-08T04:02:51.853-07:00</updated><title type='text'>The Silver Prophet</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://thesilverprophet.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default?max-results=100'/><link rel='alternate' type='text/html' href='http://thesilverprophet.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>Khy'em Yeshua M., 'The Branch'; Amri</name><uri>http://www.blogger.com/profile/00684584788137319417</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://3.bp.blogspot.com/_i34Xw0Wvw9A/Skm1Ex50VyI/AAAAAAAAAHo/tdtsGJHEN1E/S220/DSC05738.jpg'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>5</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>100</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-734580283255202629.post-6287478495159834369</id><published>2009-07-12T11:13:00.001-07:00</published><updated>2009-07-12T11:13:26.720-07:00</updated><title type='text'>True Money Gold Silver World Metal Backup Theorum</title><content type='html'>True Money Gold Silver World Metal Backup Theorum&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Jason Hommel:  Dollars in the banks now exceeds $14 trillion, ($14,000 billion)&lt;br /&gt;http://silverstockreport.com/2009/housing.html&lt;br /&gt;---&lt;br /&gt;&lt;br /&gt;In 2006, it was estimated that all the gold ever mined totaled 158,000 tonnes.[1] One tonne of gold equated to a value of US$30.27 million as of February 14, 2009 ($941.35/troy ounces)[2]. The total value of all gold ever mined would be US$4.78 trillion at that price.&lt;br /&gt;&lt;br /&gt;{{158,000 mt = 5,079,818 = 5 million oz(troy)}}&lt;br /&gt;&lt;br /&gt;http://en.wikipedia.org/wiki/Official_gold_reserves&lt;br /&gt;---&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Of all metals, silver is nearest to Hubbert’s Peak. According to the numbers in the 2006 issue of the “Mineral Commodity Summary” for silver prepared by the U.S. Geological Survey (USGS)&lt;br /&gt;&lt;br /&gt;This document states that for 2005, in metric tons (mt):&lt;br /&gt;&lt;br /&gt;    *&lt;br /&gt;      World mine production totalled 20,300 mt;&lt;br /&gt;&lt;br /&gt;{{20,300 mt = 643,015 = 0.64 Million oz(troy)}}&lt;br /&gt;    *&lt;br /&gt;      World reserves stood at 270,000 mt (13.3 years of production);&lt;br /&gt;&lt;br /&gt;{{270,000 mt = 8,680,702 = 8.6 Million oz(troy)}}&lt;br /&gt;    *&lt;br /&gt;      World reserve base at 570,000 mt (28.1 years of production).&lt;br /&gt;&lt;br /&gt;{{570000 mt = 18,325,925 oz(troy) = 18.3 Million oz(troy)}}&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;The USGS reserve base includes those demonstrated (measured plus indicated) resources that are currently economic (reserves), marginally economic (marginal reserves) and some of those that are currently sub-economic (sub-economic resources).&lt;br /&gt;&lt;br /&gt;A comparison with the data for other metals from their respective USGS commodity summaries will show that silver has the lowest reserves/production and reserve base/production ratios. Ted Butler did this comparison a year ago using data for 2004. At that time, reserves and reserves base for silver stood at 14 and 29 years respectively, so with the passage of one year the world has one year less remaining in silver reserves and reserve base.&lt;br /&gt;&lt;br /&gt;http://www.kontentkonsult.com/peak_silver2.htm&lt;br /&gt;---&lt;br /&gt;5 million oz troy Gold  (total mined 2006)&lt;br /&gt;8.6 Million oz(troy)  silver (reserve total 2004)&lt;br /&gt;&lt;br /&gt;(Of gold) There remains as reserves about 40% of the total of gold above ground - i.e about 50,000 tonnes.{ = 1607537.318 oz(troy)}&lt;br /&gt;http://www.galmarley.com/framesets/fs_commodity_essentials_faqs.htm&lt;br /&gt;&lt;br /&gt;1.6 Million oz(troy) Gold (in ground 200?)&lt;br /&gt;18.3 Million oz troy Silver  (in ground 2004)&lt;br /&gt;&lt;br /&gt;By weight...&lt;br /&gt;In Reserve:&lt;br /&gt;37% Gold&lt;br /&gt;63% Silver&lt;br /&gt;&lt;br /&gt;In Ground:&lt;br /&gt;8% Gold&lt;br /&gt;92% Silver&lt;br /&gt;&lt;br /&gt;Grand total:&lt;br /&gt;6.6 Million Oz Gold&lt;br /&gt;26.9 Million Oz Silver&lt;br /&gt;&lt;br /&gt;20% Gold&lt;br /&gt;80% Silver&lt;br /&gt;&lt;br /&gt;How much "money" is out there?&lt;br /&gt;Total Money in the World (in US Dollars):&lt;br /&gt;&lt;br /&gt;M2 Money Supplies:&lt;br /&gt;&lt;br /&gt;U.S. - $6.430 trillion&lt;br /&gt;European Union - $7.352 trillion&lt;br /&gt;China - $3.1 trillion&lt;br /&gt;Japan - $6.677 trillion&lt;br /&gt;(These four regions combine for 50.65% of the world's money)&lt;br /&gt;Rest of World - $22.954 trillion&lt;br /&gt;&lt;br /&gt;Total World M2** Money Supply: US$46.513 trillion&lt;br /&gt;&lt;br /&gt;(1 trillion = 1,000 billion = 1,000,000,000,000)&lt;br /&gt;$4,651,300,000,000 dollars&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;$4,651,300,000,000 dollars&lt;br /&gt;(assuming an even split backing between gold and silver)&lt;br /&gt;&lt;br /&gt;20% Gold =&lt;br /&gt;$930,260,000,000&lt;br /&gt;$9.3 Billion&lt;br /&gt;&lt;br /&gt;80% Silver =&lt;br /&gt;$3,721,040,000,000&lt;br /&gt;$3.7 Trillion&lt;br /&gt;&lt;br /&gt;Above Ground (in reserve) True Backing Price!&lt;br /&gt;By weight...&lt;br /&gt;In Reserve:&lt;br /&gt;37% Gold&lt;br /&gt;63% Silver&lt;br /&gt;&lt;br /&gt;$4,651,300,000,000 dollars&lt;br /&gt;&lt;br /&gt;$1,720,981,000,000 = $1.72 trillion Gold&lt;br /&gt;$2,930,319,000,000 = $2.93 trillion Silver&lt;br /&gt;&lt;br /&gt;5 million oz troy Gold  (total mined 2006)&lt;br /&gt;=$340,000/oz&lt;br /&gt;&lt;br /&gt;8.6 Million oz(troy)  silver (reserve total 2004)&lt;br /&gt;=$340,697/oz&lt;br /&gt;&lt;br /&gt;{obviously - we have set them to equal values for this equation...this may not be the case but serves as a valuable indicator of price possibility!}&lt;br /&gt;&lt;br /&gt;Dear Reader-Hearer-Listener;&lt;br /&gt;according to my calculations,&lt;br /&gt;considering the fiat nature of an unbacked world economy, if we saw a true return to a gold/silver standard across the world -&lt;br /&gt;assuming no hidden reserves other than listed,&lt;br /&gt;we might expect to see prices for silver or gold rising well up to three hundred forty-four thousand dollars per ounce, $340,000/oz!!!&lt;br /&gt;&lt;br /&gt;It may be worth your while considering:&lt;br /&gt;Gold is about $915&lt;br /&gt;.269% - Gold is undervalued at two-tenths-of-one-percent!  Think of stating THREE HUNDRED SEVENTY PERCENT! (371.7%) on your Real Wealth Growth!!!&lt;br /&gt;&lt;br /&gt;Silver is about $13&lt;br /&gt;0.00382% percent of it's Real Value!&lt;br /&gt;Silver is undervalued at one::Three-one-hundredths-of-one-percent!!!  Think of stating TWENTY SIX THOUSAND PERCENT! (26,178%) on your Real Wealth Growth!!!&lt;br /&gt;&lt;br /&gt;Now look at the upward potential of Silver and you will see why it is SO HOT right now!  And that is even besides the FACT that we are depleting silver (not gold - we store gold) and have been in a 15+ year world deficit in usage...we are using more than we mine of silver, while gold we are keeping.  Silver is used by industry, wealth and jewelry where gold is mostly jewelry and wealth.  A tiny amount of gold is used in industry. &lt;br /&gt;With the above figures we achieve a SEVENTY TIME (70.56) GREATER RETURN on silver than on gold.&lt;br /&gt;&lt;br /&gt;Putting it in perspective.&lt;br /&gt;Investing in the above, in silver and gold, a mere&lt;br /&gt;$1000&lt;br /&gt;= $3,717      -- gold&lt;br /&gt;= $262,000 --silver&lt;br /&gt;&lt;br /&gt;In this scenario, the gold investor will have about 1.5% of the total wealth of this savvy silver investor.&lt;br /&gt;&amp;amp;&lt;br /&gt;$100,000&lt;br /&gt;= $371,700      -- gold&lt;br /&gt;= $26,200,000 --silver&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;That one ounce silver bracelet could be worth:&lt;br /&gt;$340,000/oz in due time...&lt;br /&gt;there's a ways to go  --&lt;br /&gt;but I would hope that this help gives you some perspective.&lt;br /&gt;&lt;br /&gt;Peace be within you.&lt;br /&gt;&lt;br /&gt;Khy'em Amri&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;---&lt;br /&gt;&lt;br /&gt;Total Potential OF WORLD eventual mine-out/pre-emptive pricing with same amount of "money":&lt;br /&gt;&lt;br /&gt;6.6 Million Oz Gold = $9.3 Billion = $140,949/oz&lt;br /&gt;26.9 Million Oz Silver = $3.7 Trillion = $138,328/oz&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;**M1 Money Supply (All physical currency, plus accounts at the central bank which can be exchanged for physical currency, plus the amount in checking accounts)&lt;br /&gt;&lt;br /&gt;M2 Money Supply (M1 Money Supply, plus most savings accounts, money market accounts, and certificate of deposit accounts under $100,000):&lt;br /&gt;&lt;br /&gt;http://www.fast-autos.net/forum/showthread.php?t=4346&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;http://www.metric-conversions.org/weight/metric-tons-to-troy-ounces.htm&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/734580283255202629-6287478495159834369?l=thesilverprophet.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thesilverprophet.blogspot.com/feeds/6287478495159834369/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=734580283255202629&amp;postID=6287478495159834369' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/6287478495159834369'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/6287478495159834369'/><link rel='alternate' type='text/html' href='http://thesilverprophet.blogspot.com/2009/07/true-money-gold-silver-world-metal.html' title='True Money Gold Silver World Metal Backup Theorum'/><author><name>Khy'em Yeshua M., 'The Branch'; Amri</name><uri>http://www.blogger.com/profile/00684584788137319417</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://3.bp.blogspot.com/_i34Xw0Wvw9A/Skm1Ex50VyI/AAAAAAAAAHo/tdtsGJHEN1E/S220/DSC05738.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-734580283255202629.post-6507838514237643903</id><published>2008-11-20T10:18:00.000-08:00</published><updated>2008-11-20T10:20:09.447-08:00</updated><title type='text'>The Inflation Scam, Silver at $150 in 2007.</title><content type='html'>even J knows the inflation story:&lt;br /&gt;&lt;br /&gt;"&lt;br /&gt;&lt;p&gt;In contrast to the approximate $17 billion of silver liabilites and        "indebtedness", there is probably less than $1 billion worth of physical        silver available to buy.&lt;/p&gt;        &lt;p&gt;And meanwhile, &lt;b&gt;the government prints up &lt;u&gt;$700 billion in a bailout&lt;/u&gt;, &lt;i&gt;that        is really more like &lt;u&gt;$3,000 billion to $10,000 billion&lt;/u&gt;&lt;/i&gt;.&lt;/b&gt;"&lt;/p&gt;&lt;br /&gt;consider this (1933, we went off the 'gold-standard', that of "backing our currency with gold"):&lt;br /&gt;&lt;br /&gt;&lt;span style="font-size:+1;"&gt;What cost $&lt;strong&gt;100&lt;/strong&gt; in 1933 would cost $&lt;strong&gt;1585.80&lt;/strong&gt; in 2007.  &lt;/span&gt;&lt;p&gt;&lt;span style="font-size:+1;"&gt;&lt;span style="font-size:78%;"&gt;&lt;a href="http://www.westegg.com/inflation/infl.cgi" target="_blank"&gt;http://www.westegg.com/&lt;wbr&gt;inflation/infl.cgi&lt;/a&gt;&lt;/span&gt;&lt;br /&gt;&lt;/span&gt;&lt;/p&gt;note:&lt;br /&gt;london fix on gold is 745...&lt;br /&gt;&lt;br /&gt;&lt;span style="font-size:+1;"&gt;What cost $&lt;strong&gt;745&lt;/strong&gt; in 1933 would cost $&lt;strong&gt;11814.19&lt;/strong&gt; in 2007.&lt;br /&gt;&lt;br /&gt;silver is at 9.40&lt;br /&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style="font-size:+1;"&gt;What cost $&lt;strong&gt;9.40&lt;/strong&gt; in 1933 would cost $&lt;strong&gt;149.06&lt;/strong&gt; in 2007.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;{remember we are almost at 2009 and there have been larger "money-printers" built it seems -&lt;br /&gt;and now it is mostly digital anyway...}&lt;br /&gt;&lt;/span&gt;&lt;span style="font-size:+1;"&gt;&lt;br /&gt;That's what they call "inflation scam".&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;om&lt;br /&gt;&lt;br /&gt;post script:&lt;br /&gt;"&lt;br /&gt;&lt;p&gt;Most likely, you're not aware that you're a dollar inflation slave. &lt;/p&gt;   &lt;p&gt;Very few people understand how we've been enslaved by the elite banking world because very few people know how money is created.&lt;/p&gt;  &lt;p&gt;Under our current system, money is actually created out of thin air. &lt;/p&gt;  &lt;p&gt;Going back to the medieval goldsmith, bankers have discovered that only a small percentage of people actually request to have their money removed from their accounts. The rest are happy to just write checks (bookkeeping entries) in their effort to make payments on their obligations. &lt;/p&gt;  &lt;p&gt;Therefore, the banks figured they could loan out money they really didn't have. If they have $100 in deposits, under their fractional reserve system, they may now loan out $900 and collect interest on money they just created out of thin air. &lt;/p&gt;  &lt;h2&gt;FEDERAL COUNTERFEITING&lt;/h2&gt;  &lt;p&gt;Now, combine this with the way the Federal Reserve operates and you begin to clearly see that you've been reduced to a dollar inflation slave. &lt;/p&gt;  &lt;p&gt;The money that ended up getting deposited at the bank in the above example originally came from the Federal Reserve. Basically, when the U.S. Government needs money, it goes to the Federal Reserve for it. The Federal Reserve just prints up money and buys Government Bonds from the government. &lt;/p&gt;  &lt;p&gt;Think about that. If they buy a million dollars of bonds, they just print up the money to do it with. Five minutes ago, that million dollars didn't exist! &lt;/p&gt;  &lt;p&gt;This is legalized counterfeiting at its best and an outright scam. Now, the government taxes you and all your friends in order to pay back the interest it now owes the Fed on those bonds. Wouldn't it be nice if you could print up as much money as you want and collect interest on it?&lt;br /&gt;&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="http://www.fdrs.org/dollar_inflation_slave.html" target="_blank"&gt;http://www.fdrs.org/dollar_&lt;wbr&gt;inflation_slave.html&lt;/a&gt;&lt;br /&gt;&lt;/p&gt;"&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/734580283255202629-6507838514237643903?l=thesilverprophet.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thesilverprophet.blogspot.com/feeds/6507838514237643903/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=734580283255202629&amp;postID=6507838514237643903' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/6507838514237643903'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/6507838514237643903'/><link rel='alternate' type='text/html' href='http://thesilverprophet.blogspot.com/2008/11/inflation-scam-silver-at-150-in-2007.html' title='The Inflation Scam, Silver at $150 in 2007.'/><author><name>Khy'em Yeshua M., 'The Branch'; Amri</name><uri>http://www.blogger.com/profile/00684584788137319417</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://3.bp.blogspot.com/_i34Xw0Wvw9A/Skm1Ex50VyI/AAAAAAAAAHo/tdtsGJHEN1E/S220/DSC05738.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-734580283255202629.post-6345981016824603485</id><published>2008-06-11T15:26:00.000-07:00</published><updated>2008-06-11T15:28:14.594-07:00</updated><title type='text'>Silver Stock Report by Jason Hommel</title><content type='html'>&lt;h1&gt;&lt;br /&gt;&lt;/h1&gt;&lt;h1&gt;This is so well written that I had to share it here.  It has many solid links in it.  Peace ~K&lt;br /&gt;&lt;/h1&gt;&lt;h1&gt;&lt;br /&gt;&lt;/h1&gt;&lt;h1&gt;&lt;br /&gt;&lt;/h1&gt;&lt;h1&gt;CFTC Hinders the U.S. Mint and the Free Market&lt;/h1&gt; &lt;h2&gt;     (Government Agencies at War with each Other)&lt;/h2&gt;  &lt;h3&gt;Silver Stock Report&lt;/h3&gt; &lt;h4&gt;by Jason Hommel, June 7th, 2008&lt;/h4&gt;       &lt;p&gt;There has been a shortage of silver ever since the        world abandoned using silver as money.  The reason why we have paper        money, is that there was too much paper money being printed, and not        enough silver and gold to cover all that was printed.  So anyone who        denies there is a shortage of silver ought to have their head examined, or        they just don't know what the word shortage means, or they just don't know        how I'm using it to describe reality, or they have their own pet        definition of the word "shortage".&lt;br /&gt;&lt;br /&gt;Now, when there is a shortage of        anything, there are two basic and conflicting ways to allocate the        scarce resource.  The first is by rationing, and the second is by        price.  Rationing is a sign of communism or government controls that        thwart the free market process.  When things are allocated by price,        then that's a sign that the free market is working.&lt;br /&gt;&lt;br /&gt;The U.S. Commodity Futures Trading Commission (CFTC) is        thwarting the U.S Mint and the free market.&lt;br /&gt;&lt;br /&gt;When the world        abandoned silver and gold as money, futures markets sprung up for trading        the precious metals, which took place in 1975.  This        happened because the prices for precious metals became highly variable,        and the inherant scarcity of the precious metals was self evident        in a world filled with paper money, and thus, more people with more        money became more capable of cornering the market in the scarce precious        metals, actions which would be called "manipulation".&lt;br /&gt;&lt;br /&gt;So,        the CFTC was set up, specifically, to prevent market manipulation, both        long and short.  The CFTC is supposed to help make sure that the        market remains free and fair. &lt;br /&gt;&lt;br /&gt;But the problem is paper        money, which is incompatiable with free market principles, because        paper money is a monopoly and requires legal tender laws to keep it        alive.  Paper money also ends up giving many people more buying power        than is "fair".  After all, there are over 1000 billionaires who        could each corner the market in silver.&lt;br /&gt;&lt;br /&gt;In the mid 1980's, the US Congress did what it could to make sure        that the U.S. economy could survive the demise of paper money, after the        debacle of the price rise in the precious metals in 1980.  So, the        U.S. Congress created the gold and silver American Eagle coin        programs to insure that precious metals would be available to all who        wanted them, and to ensure that precious metals would be available based        on the free market price, and not by any form of rationing.&lt;br /&gt;&lt;br /&gt;However, in our crazy world,        the U.S. Mint buys silver based on the price of silver        in the futures market!&lt;br /&gt;&lt;br /&gt;Source:&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VXTJ1oj3CSmi-kZtok7FeIez02WGdXBsTBni4rhdF0Stp-EZdv4jnkbebzI4oCZyEqFgLUpJHfeF-dOHWlH_Yzc46MNgeVcFjdxbvFl6mY-DjWJ_ArWim32b8ZEtXuf29aZSIbine7g0jBoQdIFX8xbisykMZR1m7s=" shape="rect" target="_blank"&gt;http://www.govtrack.us/congress&lt;wbr&gt;/billtext.xpd?bill=s107-2594&lt;/a&gt;       &lt;br /&gt;&lt;br /&gt;Quote:&lt;br /&gt;SEC. 3. PURCHASE OF SILVER BY THE SECRETARY OF THE        TREASURY. &lt;/p&gt;        &lt;p&gt;(a) PURCHASE OF SILVER-&lt;br /&gt;(1) IN GENERAL- Section 5116(b)(2) of title        31, United States Code, is amended by inserting after the second sentence        the following: `At such time as the silver stockpile is depleted, the        Secretary shall obtain silver as described in paragraph (1) to mint coins        authorized under section 5112(e). If it is not economically feasible to        obtain such silver, the Secretary may obtain silver for coins authorized        under section 5112(e) from other available sources. &lt;strong&gt;The Secretary        shall not pay more than the average world price for silver under any        circumstances. As used in this paragraph, the term `average world price'        means the price determined by a widely recognized commodity exchange at        the time the silver is obtained by the        Secretary.&lt;/strong&gt;'&lt;br /&gt;&lt;br /&gt;One problem is that futures markets are        manipulated to prevent large purchases, as is evidenced by the limits in        place by the NYMEX, which are a form of rationing.&lt;br /&gt;&lt;br /&gt;Source:&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VUXOaJ6K2aU77br88SHXQHgjIV4jeeeLDC23GXIUX_HIVmZrwW_Dk7yk08xDEdOD-u-raNWJzgvgy0-Q5UczR-cDqwcGnF77k9l6lx-QKj69kDzUbCHe7lw5DMwcaR3Rt9GS3eYRcLZi1H5UI_yobExCgZPNdSiWHdI6cU9MpC4fFXkaX3xE8Gn" shape="rect" target="_blank"&gt;http://www.nymex.com/notice_to&lt;wbr&gt;_member.aspx?id=ntm424&amp;amp;archive&lt;wbr&gt;=2003&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Quote:&lt;br /&gt;Rule        4.47, "Position Limits"&lt;br /&gt;(bold indicates additions; strikethrough        indicates deletions)&lt;br /&gt;(b) Applicable Limits. The maximum number of        futures contracts, options on such futures contracts, or any combination        thereof (collectively referred to as "position") which any person may own        or control is as follows:&lt;br /&gt;Commodity  Spot Month Limit  Net        Futures Equivalent Limit&lt;br /&gt;Gold  3,000  Subject to Position        Accountability&lt;br /&gt;&lt;strong&gt;Silver  1,500  Subject to Position        Accountability&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;1500 contracts of 5000 ounces is a limit of        7.5 million ounces.&lt;br /&gt;&lt;br /&gt;Another problem is that futures markets        are for a different product, 1000 oz. COMEX bars, not 1 oz. blanks.        &lt;br /&gt;&lt;br /&gt;Another problem is that the U.S. Mint is facing a        shortage of silver blanks.  But there are not supposed to be any        shortages, as the Mint is supposed to purchase freely available        silver and allocate silver to investors based on free market prices,        as required by law, and not by any form of rationing!&lt;br /&gt;&lt;br /&gt;I        believe another problem is that the CFTC is not making sure        that the largest 8 traders in silver are not selling phantom        silver that does not exist that would be suppressive of the real silver        price, and would lead to shortages and rationing, which we are seeing        throughout the world at coin shops and mints, such as the Northwest        Territorial Mint, which has 8 week delivery delays or more, and the        Johnson Matthey refinery which has 6-8 week delays, and the Perth Mint,        which has 4 week delays to 6 month delays.&lt;br /&gt;&lt;br /&gt;The rationing of Silver        Eagles by the U.S Mint is thus making a mockery of the recent CFTC report        that says there is no manipulation in the futures markets, and shows that        the CFTC is working in opposition to the legal requirements of the U.S.        Mint.&lt;br /&gt;&lt;br /&gt;See my two recent articles on the CFTC report:&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VWEeNe5gkTP23uekDNyENxJ--SQIhIpKBWuQ6VEYXEM-SVcwpbcGydeHxcE25fxjFge5xEDFgmDR9gfcZxrCaYhz8DxmxykkycxpBFlZPEfWU6nniZAJu49zFpHWh1ssUr8cU1-IGxouQ==" shape="rect" target="_blank"&gt;&lt;u&gt;&lt;span style="color:#0000ff;"&gt;A Further Warning to the CFTC!&lt;/span&gt;&lt;/u&gt;&lt;/a&gt;&lt;strong&gt; May        16, 2008&lt;br /&gt;&lt;/strong&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VWdko5_Yls6cLUPr1kHrvvdjvDMfw9zNyxSCi7YuKYyiBHkhWlG5c-5BDqjNolnbdyq3BZGsnjFjkiK6UzojsFLSjmORzgDWAIm2ikwjrC80D8bxTJm3a1Sh2rxTWbtsVTdvU27CFeub4r23WowYS1I" shape="rect" target="_blank"&gt;&lt;u&gt;&lt;span style="color:#0000ff;"&gt;Four Proofs of Silver Manipulation&lt;/span&gt;&lt;/u&gt;&lt;/a&gt;&lt;strong&gt;        May 14, 2008 &lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;Here's the proof:  US Eagles are being        rationed, more than ever!&lt;br /&gt;&lt;br /&gt;Eagle rationing gets tighter&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VUr4qKDe5h2KyHbJkLPUpim9z9Tkbcw5XFl1soi2BnpIGwgxaEbyebZu5JnsyLkHa5w5krL9P3GensXjQ2l_j8Ix9RgQ1CjFfVaSUQ8nQ6bFtPKA2oEVg3Rvhd6oDuQP-5cH5xElJaWURdce-zfuAmd2ThhM84LN-WTbLzUu0Y0RsmOdGuo8B_T5v-gQ4kA6IxnkRE_QIgxhw==" shape="rect" target="_blank"&gt;http://www.numismaticnews.net&lt;wbr&gt;/buzz/PermaLink,guid,a4d5042e&lt;wbr&gt;-0691-4919-adfb-f73a7bb53730&lt;wbr&gt;.aspx&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Several        market commentators noted the many lies in the recent CFTC report denying        manipulation.&lt;br /&gt;&lt;br /&gt;Open Lawyer's Letter to Bart Chilton, CFTC        Commissioner&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VXZA9F_udGq6ynY6HcCjiVD4E4yQBt_4M4RHsDx3C4F38b4lbOy4NdTuXYO428m1z8RuHE8pxLmAZfTTWvpEZ8-aL4IZan3wv3MgO0oyIkD3RyfxtJ06zQKaL50ML7rtAYPz3JPfjQrtMD1xCu_5m-l" shape="rect" target="_blank"&gt;http://news.silverseek.com&lt;wbr&gt;/SilverSeek/1212764222.php&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Road        to Roota VI: CFTC Silver Manipulation Investigation...6 Strikes and yer        out!&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VVCj9rRMTExYgPgdnMwuegHe_1zxhn1ebiiNOuswCBX4SyxEnf6apLNzhF4UrvYrdKJdyp7FTfVsc5RtPOugb1B0uO2J3WKImV55HOVYfnfpb7EKUrDb4wEd0OPjjKqbqbaCOcoPLFygeTBjYGE-BWc" shape="rect" target="_blank"&gt;http://news.silverseek.com&lt;wbr&gt;/SilverSeek/1212127200.php&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;The        CFTC needs to insure that financial entities are not manipulating        the market prices of silver too low, which cause shortages and        rationing.&lt;br /&gt;&lt;br /&gt;Shortages, in the free market, are supposed to be        alleviated and fixed through rising free market prices, not by        delivery delays and rationing.&lt;br /&gt;&lt;br /&gt;The essential problem is        what Lew Rockwell called on June 3rd, "The Cause that Won't Go Away",        which is an essay showing that the real problem is our paper money system,        which can only be fixed by a return to using gold and silver as        money.&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VUbvlpV1O3QsN07E47l3Fh8xR3sgQC5_uF9YMQuK-SRFNig5eMIyXCSOOPK8xkxtYOVq-YjGeVn0nuXuL1ybG9qn9afX8P8E5gRES9CYF-0MuuivSlxfDypaNj7xxcvwc3HmqnmNfTiSfsz8lLATifW511WGIvpQJs=" shape="rect" target="_blank"&gt;http://www.lewrockwell.com&lt;wbr&gt;/rockwell/cause-wont-go-away&lt;wbr&gt;.html&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Again,        I don't expect the CFTC to admit the truth, that the silver market is        manipulated too low and that they are paid to "look the other way"        and deny manipulation.  Maybe the U.S. Mint will do something, as        they seem to be trying their best to follow the law.  Maybe the U.S.        Mint will stop outsourcing silver blanks, and will start taking delivery        of COMEX bars to make into coins to comply with the        law!&lt;br /&gt;&lt;br /&gt;Regardless of what any government agency does, you ought to        take advangate of the situation, and buy cheap silver while it is still        available.  Shortages stand to get worse as silver prices rise,        because increased investor demand is sure to follow.&lt;br /&gt;&lt;br /&gt;The beauty of        silver is that you cannnot eat it.  This means that higher silver        prices will not cause anyone else to starve to death, which is the current        result of too many investors buying commodities like grains, rather than        the commodity of silver becuase it's not available due to the stupid        policies of rationing.&lt;br /&gt;&lt;br /&gt;Rationing food ends up killing people.         Because many people cannot wait 8 weeks to 6 months for food.        &lt;br /&gt;&lt;br /&gt;Thank you.&lt;br /&gt;&lt;br /&gt;Copyright notice:  Please feel free to            copy, translate, improve, re-write, re-post, any and all of my            works to promote your own services.  (It generally works best for            you if you give credit, such as a web link, or reference to my            name, otherwise, other people may assume you are not being            intellectually honest.)&lt;br /&gt;                                                                                  &lt;br /&gt;&lt;br /&gt;Sincerely, &lt;/p&gt;          Jason Hommel&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VUv1lqPxtEO6iIc4YM1qffqWPEv8Q83XNIA0oQgg_etgtSqeMAi-WsctnaeGq5-_hPut-TKSCDMOvGk_9aJGDumjApoyCmX6_TaIZRXjGQsiwYGaxWDqjO-DqpAXngfaK0=" shape="rect" target="_blank"&gt;www.find-your-local-coin-shop&lt;wbr&gt;.com&lt;/a&gt;   &lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VVEBTYd_eCtFWmvfLp0xNzr_7njZwK0S-rU_F2vjR7JnxY7f1koxOrqtj0vMb8iBxvNBrlJOWtSFoGLjJojdlYQXRnBafOaqvlQy1LrHjs8K8A-atV9KU5-" shape="rect" target="_blank"&gt;www.silverstockreport.com&lt;/a&gt;&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VUUEeLC9d-JYZicySPS09ckCcjdewPok7IgUKg1jLVb76EBzUZM8shX71iNK_9N0WmYF9enZStmXRldJWwYMXtOODWXCuZC_D5Tvt-gQdzaJA==" shape="rect" target="_blank"&gt;www.miningpedia.com&lt;/a&gt;&lt;br /&gt;&lt;a href="http://rs6.net/tn.jsp?e=001hUkfc6RA2VUoKDlpAAa1vHK1YnR7HghapX3CBoFLQfaJMFDUVPWBIuSmuZq_5_g4HTQgMn8IsXUC5-BQRNRHc_SihIF6oYDqYh_p4LKegphp7NlS-uHWQA==" shape="rect" target="_blank"&gt;www.bibleprophesy.org&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/734580283255202629-6345981016824603485?l=thesilverprophet.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thesilverprophet.blogspot.com/feeds/6345981016824603485/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=734580283255202629&amp;postID=6345981016824603485' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/6345981016824603485'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/6345981016824603485'/><link rel='alternate' type='text/html' href='http://thesilverprophet.blogspot.com/2008/06/silver-stock-report-by-jason-hommel.html' title='Silver Stock Report by Jason Hommel'/><author><name>Khy'em Yeshua M., 'The Branch'; Amri</name><uri>http://www.blogger.com/profile/00684584788137319417</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://3.bp.blogspot.com/_i34Xw0Wvw9A/Skm1Ex50VyI/AAAAAAAAAHo/tdtsGJHEN1E/S220/DSC05738.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-734580283255202629.post-6684003874268104853</id><published>2007-06-15T10:52:00.000-07:00</published><updated>2007-06-15T10:55:50.995-07:00</updated><title type='text'>A Precious Metal in the Hand is Worth Two Mutual Funds in the Bush!</title><content type='html'>&lt;div style="text-align: center;"&gt;&lt;span style="font-size:6;"&gt;&lt;span style="font-weight: bold;"&gt;"A Precious Metal in the Hand &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:6;"&gt;&lt;span style="font-weight: bold;"&gt;is Worth &lt;span style="font-style: italic;"&gt;Two Mutual Funds in the Bush!&lt;/span&gt;"&lt;span style="font-weight: bold;"&gt; &lt;span style="font-weight: bold;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:6;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;/span&gt;&lt;span style="font-size:130%;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:6;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-size:130%;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;/span&gt;Paper fails (as money) &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:6;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-size:130%;"&gt;because it is made by men,&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:6;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-size:130%;"&gt;whereas (wise) men use gold and silver &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:6;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-size:130%;"&gt;(as money) because it is made by YaHuWaH Elohim, Creator of the Heavens &amp; Earth - and though they have tried, men have still been unable to create gold (profitably, of course) WITH ANY MACHINE! &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:6;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;span style="font-weight: bold;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;Greetings.&lt;br /&gt;The article below makes a good point - China is looking to invest around $60 BILLION in Gold&lt;br /&gt;that the world doesn't actually have (for sale), at least, &lt;span style="font-style: italic;"&gt; not at an easy price!&lt;/span&gt;&lt;br /&gt;&lt;/div&gt;&lt;p style="text-align: center;"&gt; Swiss Gold Sales are Insignificant&lt;br /&gt;by Jason Hommel&lt;br /&gt;&lt;/p&gt;&lt;div style="text-align: center;"&gt; &lt;a href="http://rs6.net/tn.jsp?t=n88bebcab.0.gtzbebcab.lyiszpbab.84603&amp;ts=S0250&amp;amp;p=http%3A%2F%2Fsilverstockreport.com%2F2007%2FSwiss_gold_sales.html" shape="rect" target="_blank" onclick="return top.js.OpenExtLink(window,event,this)"&gt; http://silverstockreport.com&lt;wbr&gt;/2007/Swiss_gold_sales.html&lt;/a&gt;&lt;br /&gt;click the link...&lt;br /&gt;&lt;br /&gt;As for mutual funds - I would tend to want to "create my own" or get a selection from people (analysts) that I trust in their opinon - otherwise, the 'selection' of stocks in the fund may have been poorly positioned FOR MAXIMUM PROFIT WITH MINIMUM RISK - which is what you Could get if you were to CREATE YOUR OWN DIVERSIFIED PORTFOLIO AMONG THE PRECIOUS METALS (including all necessary research - and remember to use your powers of reason)!  If you ask me, true diversifictaion should include holding, touching, and feeling the actual, physical bullion, nugget, bar or coin, or even jewelry, in your hands - and feeling the elements that have set these metals apart by an extraordinarily artful act by the Creator! &lt;script&gt;&lt;!-- D(["mb","\u003cbr\&gt;\u003cbr\&gt;Note that Jason Hommel also points us towards copper and nickel - \u003cbr\&gt;He is right on here!  \u003cbr\&gt;These are in a giant boom, \u003cbr\&gt;and it would be wise to include these in your portfolio &amp; physical holdings!\u003cbr\&gt;\u003cbr\&gt;\nLeverage is within and without the stock market at this time, however, and even having a piece of gold will be clearly seen as a source of long-standing wealth, which moth cannot touch and rust cannot eat - and like that golded treasure of faith, which no man may steal - it shines before all man, glimmering in the pure light of this Good Day which YaH has made!\n\u003cbr\&gt;\u003cbr\&gt;I would prefer to deal in Real &amp; Physical Metal,\u003cbr\&gt;rather than so much paper and imaginary stuff...\u003cbr\&gt;but that is just me,\u003cbr\&gt;and who knows - if I had a friend who was &amp;#39;dabbling&amp;#39; in the stock market\u003cbr\&gt;\nand was going to be liable for &amp;#39;playing with the beast&amp;#39;\u003cbr\&gt;I might assist them in figuring out which aspects of that *quirky machine* \u003cbr\&gt;were more difficult to \u003cspan style\u003d\"font-style:italic\"\&gt;&amp;#39;&amp;#39;&amp;#39;&amp;#39;subject to manipulation&amp;#39;&amp;#39;&amp;#39;&amp;#39;\n\u003c/span\&gt;\u003cbr\&gt;in these \u003cspan style\u003d\"font-weight:bold\"\&gt;Days of Paper Money, World Government &amp; Oil Wars...\u003c/span\&gt;\u003cbr\&gt;and a good place to start would be some of the writings of Thomas Jefferson,\u003cbr\&gt;one of the &amp;#39;founding fathers&amp;#39; of the \n\u003cspan style\u003d\"text-decoration:underline\"\&gt;u\u003c/span\&gt;nited States of America:\u003cbr\&gt;\u003cbr\&gt;\u003ch4\&gt;\n&amp;quot;Specie is the most perfect medium because it will preserve its own\nlevel; because, \u003cspan style\u003d\"font-style:italic\"\&gt;having intrinsic and universal value\u003c/span\&gt;, it can never die\nin our hands, and it is the surest resource of reliance in time of\nwar.&amp;quot; --Thomas Jefferson to John Wayles Eppes, 1813. ME 13:430\n\u003cp\&gt;&amp;quot;\u003cspan style\u003d\"color:rgb(102, 0, 204)\"\&gt;Paper is poverty\u003c/span\&gt;,... it is only the ghost of money, and not money\nitself.&amp;quot; --Thomas Jefferson to Edward Carrington, 1788. ME 7:36\n\u003c/p\&gt;\u003cp\&gt;&amp;quot;Experience has proved to us that a dollar of silver disappears\nfor every dollar of paper emitted.&amp;quot; --Thomas Jefferson to James Monroe,\n1791. ME 8:208\n",1] );  //--&gt;&lt;/script&gt;&lt;br /&gt;&lt;br /&gt;Note that Jason Hommel also points us towards copper and nickel -&lt;br /&gt;He is right on here!&lt;br /&gt;These are in a giant boom,&lt;br /&gt;and it would be wise to include these in your portfolio &amp; physical holdings!&lt;br /&gt;&lt;br /&gt;Leverage is within and without the stock market at this time, however, and even having a piece of gold will be clearly seen as a source of long-standing wealth, which moth cannot touch and rust cannot eat - and like that golded treasure of faith, which no man may steal - it shines before all man, glimmering in the pure light of this Good Day which YaH has made!&lt;br /&gt;&lt;br /&gt;I would prefer to deal in Real &amp;amp; Physical Metal,&lt;br /&gt;rather than so much paper and imaginary stuff...&lt;br /&gt;but that is just me,&lt;br /&gt;and who knows - if I had a friend who was 'dabbling' in the stock market&lt;br /&gt;and was going to be liable for 'playing with the beast'&lt;br /&gt;I might assist them in figuring out which aspects of that *quirky machine*&lt;br /&gt;were more difficult to &lt;span style="font-style: italic;"&gt;''''subject to manipulation'''' &lt;/span&gt;&lt;br /&gt;in these &lt;span style="font-weight: bold;"&gt;Days of Paper Money, World Government &amp; Oil Wars...&lt;/span&gt;&lt;br /&gt;and a good place to start would be some of the writings of Thomas Jefferson,&lt;br /&gt;one of the 'founding fathers' of the  &lt;span style="text-decoration: underline;"&gt;u&lt;/span&gt;nited States of America:&lt;br /&gt;&lt;br /&gt;&lt;/div&gt;&lt;h4 style="text-align: center;"&gt; "Specie is the most perfect medium because it will preserve its own level; because, &lt;span style="font-style: italic;"&gt;having intrinsic and universal value&lt;/span&gt;, it can never die in our hands, and it is the surest resource of reliance in time of war." --Thomas Jefferson to John Wayles Eppes, 1813. ME 13:430 &lt;p&gt;"&lt;span style="color: rgb(102, 0, 204);"&gt;Paper is poverty&lt;/span&gt;,... it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788. ME 7:36 &lt;/p&gt;&lt;p&gt;"Experience has proved to us that a dollar of silver disappears for every dollar of paper emitted." --Thomas Jefferson to James Monroe, 1791. ME 8:208 &lt;script&gt;&lt;!-- D(["mb","\u003c/p\&gt;\u003cp\&gt;&amp;quot;It is a [disputed] question, whether the circulation of paper,\nrather than of specie, is a good or an evil... I believe it to be one\nof those cases where mercantile clamor will bear down reason, until it\nis corrected by ruin.&amp;quot; --Thomas Jefferson to John W. Eppes, 1813. ME\n13:409 \u003cbr\&gt;\u003c/p\&gt;\u003cbr\&gt;\u003cp\&gt;\u003cbr\&gt;\u003c/p\&gt;Selah - Let the meaning of these words resound within your heart!\u003cbr\&gt;\u003cp\&gt;\u003cbr\&gt;\u003c/p\&gt;\u003cp\&gt;Peace be within you and all around you.\u003c/p\&gt;\u003c/h4\&gt;\u003ch4\&gt;\u003cbr\&gt;\u003c/h4\&gt;\u003ch4\&gt;Love,\u003c/h4\&gt;\u003ch4\&gt;Khy&amp;#39;em Amri\u003cbr\&gt;\u003cp\&gt;Please visit my new blog:  \n\u003ca href\u003d\"http://silverprophet.blogspot.com\" target\u003d\"_blank\" onclick\u003d\"return top.js.OpenExtLink(window,event,this)\"\&gt;\u003cspan style\u003d\"background-color:rgb(255, 204, 102)\"\&gt;silverprophet.blogspot.com\u003c/span\&gt;\u003c/a\&gt;\u003cbr\&gt;\u003c/p\&gt;\u003cp\&gt;It is written by David:\u003c/p\&gt;\u003cp\&gt;\u003cbr\&gt;\u003c/p\&gt;\u003c/h4\&gt;\u003cp\&gt;Proverbs 2:3-4      \u003cfont size\u003d\"6\"\&gt;\n\u003cfont face\u003d\"Times New Roman\" size\u003d\"3\"\&gt;\u003cstrong\&gt;\u003cfont face\u003d\"Times New Roman\" size\u003d\"3\"\&gt;\u003cstrong\&gt;\u003cfont face\u003d\"Times New Roman\" size\u003d\"3\"\&gt;\u003cstrong\&gt;Yea, if thou criest after knowledge, and liftest up thy voice for understanding;\u003c/strong\&gt;\n\u003c/font\&gt;\u003c/strong\&gt;\u003c/font\&gt;\u003c/strong\&gt;\u003c/font\&gt;\u003c/font\&gt;\u003c/p\&gt;\u003cp\&gt;\u003cfont size\u003d\"6\"\&gt;\u003cfont face\u003d\"Times New Roman\" size\u003d\"3\"\&gt;\u003cstrong\&gt;\u003cfont face\u003d\"Times New Roman\" size\u003d\"3\"\&gt;\u003cstrong\&gt;\u003cfont face\u003d\"Times New Roman\" size\u003d\"3\"\&gt;\u003cstrong\&gt;\u003c/strong\&gt;\u003c/font\&gt;\n\u003c/strong\&gt;\u003c/font\&gt;\u003c/strong\&gt;\u003c/font\&gt;\u003c/font\&gt;\u003cspan style\u003d\"font-weight:bold\"\&gt;If thou seekest her as silver\u003c/span\&gt;, and searchest for her as for hid treasures;\n\u003c/p\&gt;\u003cp\&gt;Proverbs 3:14      For the merchandise of it is better than the merchandise of silver, and the gain thereof than fine gold.\n\u003c/p\&gt;\u003cp\&gt;Proverbs 8:10      Receive my instruction, and not silver; and knowledge rather than choice gold.\n\u003c/p\&gt;\u003cp\&gt;Proverbs 8:19      My fruit is better than gold, yea, than fine gold; and my revenue than choice silver.\n\u003c/p\&gt;\u003cp\&gt;Proverbs 10:20      The tongue of the just is as choice silver: the heart of the wicked is little worth.\n\u003c/p\&gt;\u003cbr\&gt;\u003c/div\&gt;\u003cdiv\&gt;\u003cp\&gt;\u003c/p\&gt;\u003cp\&gt;\u003c/p\&gt;\u003cp\&gt;\u003c/p\&gt;\u003cp\&gt;\u003c/p\&gt;\u003cp\&gt;\u003c/p\&gt;\u003cp\&gt;\u003c/p\&gt;\u003cp\&gt;\u003c/p\&gt;\u003cp\&gt;\u003c/p\&gt;\u003c/div\&gt;\n",0] );  //--&gt;&lt;/script&gt;&lt;/p&gt;&lt;p&gt;"It is a [disputed] question, whether the circulation of paper, rather than of specie, is a good or an evil... I believe it to be one of those cases where mercantile clamor will bear down reason, until it is corrected by ruin." --Thomas Jefferson to John W. Eppes, 1813. ME 13:409&lt;br /&gt;&lt;/p&gt;&lt;br /&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;Selah - Let the meaning of these words resound within your heart!&lt;br /&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;Peace be within you and all around you.&lt;/p&gt;&lt;/h4&gt;&lt;h4 style="text-align: center;"&gt;&lt;br /&gt;&lt;/h4&gt;&lt;h4 style="text-align: center;"&gt;Love,&lt;/h4&gt;&lt;h4 style="text-align: center;"&gt;Khy'em Amri&lt;br /&gt;&lt;p&gt;The Silver Prophet&lt;/p&gt;&lt;p&gt;&lt;a href="http://silverprophet.blogspot.com/" target="_blank" onclick="return top.js.OpenExtLink(window,event,this)"&gt;&lt;span style="background-color: rgb(255, 204, 102);"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="http://silverprophet.blogspot.com/" target="_blank" onclick="return top.js.OpenExtLink(window,event,this)"&gt;&lt;span style="background-color: rgb(255, 204, 102);"&gt;&lt;/span&gt;&lt;/a&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;It is written by David:&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;/h4&gt;&lt;p style="text-align: center;"&gt;Proverbs 2:3-4      &lt;span style="font-size:6;"&gt; &lt;span style=";font-family:Times New Roman;font-size:100%;"  &gt;&lt;strong&gt;&lt;span style=";font-family:Times New Roman;font-size:100%;"  &gt;&lt;strong&gt;&lt;span style=";font-family:Times New Roman;font-size:100%;"  &gt;&lt;strong&gt;Yea, if thou criest after knowledge, and liftest up thy voice for understanding;&lt;/strong&gt; &lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p style="text-align: center;"&gt;&lt;span style="font-size:6;"&gt;&lt;span style=";font-family:Times New Roman;font-size:100%;"  &gt;&lt;strong&gt;&lt;span style=";font-family:Times New Roman;font-size:100%;"  &gt;&lt;strong&gt;&lt;span style=";font-family:Times New Roman;font-size:100%;"  &gt;&lt;strong&gt;&lt;/strong&gt;&lt;/span&gt; &lt;/strong&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="font-weight: bold;"&gt;If thou seekest her as silver&lt;/span&gt;, and searchest for her as for hid treasures; &lt;/p&gt;&lt;p style="text-align: center;"&gt;Proverbs 3:14      For the merchandise of it is better than the merchandise of silver, and the gain thereof than fine gold. &lt;/p&gt;&lt;p style="text-align: center;"&gt;Proverbs 8:10      Receive my instruction, and not silver; and knowledge rather than choice gold. &lt;/p&gt;&lt;p style="text-align: center;"&gt;Proverbs 8:19      My fruit is better than gold, yea, than fine gold; and my revenue than choice silver. &lt;/p&gt;&lt;p style="text-align: center;"&gt;Proverbs 10:20      The tongue of the just is as choice silver: the heart of the wicked is little worth.&lt;/p&gt;&lt;br /&gt;&lt;p style="text-align: center;"&gt;&lt;br /&gt;&lt;/p&gt;&lt;p style="text-align: center;"&gt;also take a look at:  &lt;a href="http://silveriswealth.com/"&gt;silveriswealth.com&lt;/a&gt;&lt;br /&gt;&lt;/p&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/734580283255202629-6684003874268104853?l=thesilverprophet.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thesilverprophet.blogspot.com/feeds/6684003874268104853/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=734580283255202629&amp;postID=6684003874268104853' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/6684003874268104853'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/6684003874268104853'/><link rel='alternate' type='text/html' href='http://thesilverprophet.blogspot.com/2007/06/precious-metal-in-hand-is-worth-two.html' title='A Precious Metal in the Hand is Worth Two Mutual Funds in the Bush!'/><author><name>Khy'em Yeshua M., 'The Branch'; Amri</name><uri>http://www.blogger.com/profile/00684584788137319417</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://3.bp.blogspot.com/_i34Xw0Wvw9A/Skm1Ex50VyI/AAAAAAAAAHo/tdtsGJHEN1E/S220/DSC05738.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-734580283255202629.post-2887081776648398740</id><published>2007-06-09T16:09:00.000-07:00</published><updated>2007-06-09T16:12:39.609-07:00</updated><title type='text'>Silver Spoons and Tears of the Moon</title><content type='html'>--Why you should get some silver while the getting’s still good!&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Ted Butler said:&lt;br /&gt;“I'm trying to be an analyst, I am not a prophet.&lt;br /&gt;You can accept my reasoning and analysis, or you can reject it.”&lt;br /&gt;&lt;br /&gt;    As I analyze these analysts from a prophetic stand point, I accept their line of reasoning – for it is clear that silver is running out quickly due to it’s use and perception as a ‘miracle metal’.&lt;br /&gt;Butler said this regarding –when—silver will move –&lt;br /&gt;and my friends, I sense it will be soon!&lt;br /&gt;What is awesome is this – if enough of you act in a certain way, which is to attempt to take part of the greatest run on silver yet – it will happen EVEN MORE QUICKLY. &lt;br /&gt;&lt;br /&gt;   &lt;span style="font-weight: bold;"&gt;     Buy Silver, Buy Silver and then Sell to the Highest Bidder.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;You see – Silver is a dwindling resource.&lt;br /&gt;Not Just that, we are consuming…&lt;br /&gt;Total  =    805 Million Ounces of Silver per Year  as of 2004.&lt;br /&gt;Source: CPM Group&lt;br /&gt;&lt;br /&gt;And we are finding:&lt;br /&gt;“In 2004, silver supplies rose 1.2% from 2003 to an all-time record 750.0 million ounces.”&lt;br /&gt;&lt;br /&gt;Thus, in 2004 we had a Fifty Million Ounce Silver Deficit –&lt;br /&gt;and it has been going on for well over a Decade!!!&lt;br /&gt;&lt;br /&gt;We are making all kinds of “fancy technology” and we are willing to pay, more and more for “new tricks” – often these machines, gizmos, appliances and computers require some amount of Silver.&lt;br /&gt;&lt;br /&gt;“Silver is used in connectors, conductors, switches, contacts, relays, fuses, batteries, and lots of other applications. Demand was at its second highest level ever in 2004, topped only in 2000.”&lt;br /&gt;&lt;br /&gt;In fact – most people are not distinctly cogent of just how much silver is in and around their lives:&lt;br /&gt;“Silver has a wide range of uses, from catalysts, mirrors, brazing alloys, water purification systems, solders, paints, medications, and so forth.&lt;br /&gt;        As more research is conducted on possible uses for silver, demand for silver for other uses is growing faster than any other segment - having doubled in the past 15 years! Demand soared more than 21% in 2004!”&lt;br /&gt;&lt;br /&gt;Oh, and there is a plethora more!&lt;br /&gt;&lt;br /&gt;But wait – if we have been in a silver deficit for a decade and a half, and we cannot simply print or digitally create silver out of thin air – where is this deficit silver coming from – and is that supply unlimited?  It cannot be, but it is only recently that silver began showing itself to industry as not just useful, but the sole metal for certain jobs, numerous and vital!&lt;br /&gt;&lt;br /&gt;Please Consider:&lt;br /&gt;&lt;br /&gt;“At the end of 2004, here are mid-range estimated inventories potentially available for industrial and coinage uses:&lt;br /&gt;&lt;br /&gt;Category      Millions Oz&lt;br /&gt;Comex     107.8&lt;br /&gt;Tocom     0.4&lt;br /&gt;U.S. and Japanese manufacturers     22.5&lt;br /&gt;Bullion in private U.S. holdings     30.0&lt;br /&gt;Bullion in Berkshire Hathaway     129.7&lt;br /&gt;Bullion in private European, Asian,&lt;br /&gt;and Latin American holdings     20.6&lt;br /&gt;Silver coins (primarily U.S. 90%)     508.0&lt;br /&gt;Government holdings     122.7&lt;br /&gt;Total     941.7 M.oz (mi&lt;br /&gt;Source: CPM Group&lt;br /&gt;&lt;br /&gt;“If you look at only the inventories that are readily available to cover shortages, there is only enough to last a few more years!”&lt;br /&gt;&lt;br /&gt;I was just going to say…if you divide 941 by 50&lt;br /&gt;you get 18.82.&lt;br /&gt;To account for the increasing deficit, let us assume that it will go up merely 1 million ounces per annum. &lt;br /&gt;2005 – 51&lt;br /&gt;2006 – 52&lt;br /&gt;2007 – 53&lt;br /&gt;And so forth…&lt;br /&gt;how long before we will have consumed &lt;span style="font-style: italic; font-weight: bold;"&gt;ALL KNOWN SILVER?&lt;/span&gt;&lt;br /&gt;(Assuming that every person on earth was willing to part with their hoard for a price…I know, it’s hard to imagine, but this is hypothetical, so please bear with me.)&lt;br /&gt;&lt;br /&gt;&lt;span style="font-weight: bold; font-style: italic;"&gt;In twelve years, the year 2020&lt;/span&gt; (when we theoretically consume 66 M.oz per annum, we will literally consume the LAST of our silver, Remainder 5 M.oz.  &lt;span style="font-style: italic;"&gt;We would REALLY have to ration at that point.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;But that is twelve years away!  Not much time at all – yet few know or understand that silver is becoming scarce and depleted!!!&lt;br /&gt;&lt;br /&gt;But “we will mine more”, you say… “according to Ted Butler, (butlerresearch.com), there are only about 16 years of silver in in-ground reserves, worldwide.”&lt;br /&gt;&lt;br /&gt;We should be looking for the price to rise now, and it is – and more people are mining, and many are selling their “old relics from the past” for just above or just below spot – depending on where you look.&lt;br /&gt;&lt;br /&gt;“…experts maintain that about 40 billion ounces of silver has been mined throughout all of human history, and that about 90% of that has been irretrevably consumed by industry, jewelry, and photography.  Most of the approximately 3-5 billion ounces of silver left is in the form of jewelry, mostly held in India.  Silver that is in the form of above-ground, refined, deliverable, identifiable silver is about 150 million ounces, mostly held at COMEX.  The U.S. government once held up to 6 billion ounces of silver, but around 2002, the U.S. ran out, and had to buy silver on the open market for its Silver Eagle coin program.  The COMEX once had up to 1.5 billion ounces of silver about 10-15 years ago, but today has less than 1/10th of that: 117 million ounces.”&lt;br /&gt;&lt;br /&gt;So we have a tenth of what we had – and silver is consumed by the minute!  We may or may not see that silver come out of India at low prices – but generally we must assume that there will be levels of people willing to accept different price points – this is what causes in some part the varied price battles.  If silver goes up to $100/oz then there may be a surge in the market, which will dip the price before shooting it up all the more – Supply &amp; Demand at Work is the Natural Law of Scarcity and Interest.  “If there really remains less than 150 million ounces of silver in above ground refined form, then there is about half of an ounce of silver per person in the U.S.”&lt;br /&gt;&lt;br /&gt;That is why I am telling all my friends – even an ounce is a great start!  And for about $15 you can get a piece of silver that will really make you feel like you are looking into a tear of the moon – especially when viewed under a clear sky in the full-moon light.&lt;br /&gt;&lt;br /&gt;If it makes you feel any more confident:&lt;br /&gt;&lt;br /&gt;“Warren Buffet bought 129.7 million ounces of silver in 1997, and ‘concluded that equilibrium between supply and demand was only likely to be established by a somewhat higher price.’”&lt;br /&gt;&lt;br /&gt;In conclusion here:&lt;br /&gt;&lt;br /&gt;I expect a surge in investors, of which I hope my readers to be an early part – so as to get the best deal!  It will not happen overnight, but you will not, in my opinion, ever be able to buy silver for less than what you can buy it for now – it is coming into a PERMANENT SHORTAGE and so the price is going to continue to climb, even as mining becomes more profitable and explores more, and expecially as all fiat currencies continue to wither into the dust from which they sprang.  If you have a dollar bill (it is a Bill of Credit – and should be exchangeable for a Dollar of “(fill in the blank)”, a banker can steal your Dollar’s value by removing the link to a tangible asset and then manipulating the quantity of intangible (reproducible) funny-money, which is neither funny, nor is it money, but something very evil and destructive unto the Natural and Good Order of man – for it is thievery and deception on a grand scale – beware!  And hold your silver money against all confiscation!  &lt;br /&gt;&lt;br /&gt;For Our Constitution states:&lt;br /&gt;&lt;br /&gt;“No State shall … coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any … Law impairing the Obligation of Contracts…”&lt;br /&gt;&lt;br /&gt;Hence it would follow that Money must be Gold and Silver coin.&lt;br /&gt;&lt;div style="text-align: center;"&gt;&lt;span style="font-weight: bold; font-style: italic;"&gt;Have you any Real Money?&lt;/span&gt;&lt;br /&gt;&lt;span style="font-weight: bold; font-style: italic;"&gt;Why not own some?&lt;/span&gt;&lt;br /&gt;&lt;/div&gt;It’s getting more and more scarce, as we have seen, and is sure to go up in value, especially if the “crisis of finance” occurs as some expect or simply, the “erosion of fiat currency” causes an implosion in things that are currently called dollars but are actually titled:&lt;br /&gt;‘Federal Reserve Notes’.&lt;br /&gt;&lt;br /&gt;“The Congress shall have Power To…coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;”&lt;br /&gt;&lt;br /&gt;Oddly enough, they are still doing this – and you can buy coins from the US – but just remember that they have run out of their inventories and are buying silver in order to make coins!  That same supply is becoming shorter and shorter!&lt;br /&gt;&lt;br /&gt;Buy any silver you can and wait 2 to 6 to 12 years and you will see silver prices that our friends and family will be well and thoroughly shocked by!&lt;br /&gt;&lt;br /&gt;I can see silver coming up to 120 or 130 within the next few years, and it will be breaking 500 within 12 – just you wait and see.&lt;br /&gt;Oh, that is per ounce, by the way!&lt;br /&gt;So get it while it’s hot –&lt;br /&gt;Silver,&lt;br /&gt;only $15 per ounce!&lt;br /&gt;Going once,&lt;br /&gt;Going twice,&lt;br /&gt;Sold&lt;br /&gt;and&lt;br /&gt;used up&lt;br /&gt;forever!&lt;br /&gt;&lt;br /&gt;Peace be within you.&lt;br /&gt;&lt;br /&gt;Healing to Hold,&lt;br /&gt;Profitable to Hoard –&lt;br /&gt;Running out&lt;br /&gt;at a Planet near you!&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;OM.&lt;br /&gt;&lt;br /&gt;Khy’em Amri&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Sources:&lt;br /&gt;Jason Hommel - Silver Users Fear Silver Shortage&lt;br /&gt;http://www.gold-eagle.com/editorials_05/hommel102505.html&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Patrick Heller - 15th Consecutive Annual Silver Shortage!&lt;br /&gt;http://www.thebullandbear.com/articles/2005/1205-silver.html&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;US Constitution&lt;br /&gt;http://www.usconstitution.net/const.html&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/734580283255202629-2887081776648398740?l=thesilverprophet.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thesilverprophet.blogspot.com/feeds/2887081776648398740/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=734580283255202629&amp;postID=2887081776648398740' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/2887081776648398740'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/734580283255202629/posts/default/2887081776648398740'/><link rel='alternate' type='text/html' href='http://thesilverprophet.blogspot.com/2007/06/silver-spoons-and-tears-of-moon.html' title='Silver Spoons and Tears of the Moon'/><author><name>Khy'em Yeshua M., 'The Branch'; Amri</name><uri>http://www.blogger.com/profile/00684584788137319417</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://3.bp.blogspot.com/_i34Xw0Wvw9A/Skm1Ex50VyI/AAAAAAAAAHo/tdtsGJHEN1E/S220/DSC05738.jpg'/></author><thr:total>0</thr:total></entry></feed>
