Tuesday, May 31, 2011

The Gold and Silver Trade


Take a look at this carefully: If you have followed the gold and silver discussions now for at least the last year you should realize this has intensified interest both by market monitors, general investors, and in the world's elite.

To me it seems the elite do not want the average investor to have any of this gold and silver as they have been driving the price up beyond reach of the average savings account. Show me one out of a thousand people anywhere who own gold or silver! You cannot. There is a very large risk in this investment for the small investor. Of course that is contrary to popular belief (or popular propaganda) as we are continually hearing the Siren song to "protect your assets".

So why the recent crash in silver? It was accomplished by the elite to keep the upper middle-class from trying to corner the market, similar to the Hunt Brothers. Methinks the silver hoarders may have stepped on a few toes in the process. These are the class who want to slide into the "rich" category with the ease of purchasing say 1,000 ounces of silver eagerly awaiting Max Keisers $500 projection and other similar entertaining forecasts. Fact is you are either born into the upper class or you are a member by invitation only. You do not take it upon yourself to beat the system.

Most of the wealthy already have owned their gold and silver for a long time and they have so much of it that even if the price dropped to single digits it would not matter to them. The DOLLAR VALUE of gold and silver means nothing to them. For the smaller investors the DOLLAR VALUE has to be considered because they are forced into subjection to the US DOLLAR whether they like it or not.

So keep in mind there is a great risk in owning gold and silver for the small and average investor while they are forced to value their assets by the paper rule. The other caveat is not only if the price drops you lose, but if the prices rises you might be subject to confiscation. How about that?