Andrew Hoffman–We’re So Big We Have To Google Ourselves 10.Dec.13

www.FinancialSurvivalNetwork.com presents

–Comex inventories are down-bullions banks are going long

–Unemployment rate is bogus just like all government statistics

–Budget deal is just around the corner

–Bitcoin isn’t money, it’s just another currency subject to manipulation

–And forget about Europe.

 

 

 

Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets

 

2 comments to Andrew Hoffman–We’re So Big We Have To Google Ourselves 10.Dec.13

  • AnonPatriot

    From the “Liberty Metals Group” website: “…new mine production totals approximately only 5 million troy ounces a year, whereas gold mine production runs approximately 82 million ounces a year and silver production is approximately 547 million ounces.” (source: https://libertymetals.com/platinum/1-oz-platinum-bar/)

    Hmmm… Maybe THIS is the reason why silver trades at such a lower ‘spot’ price, compared to gold and platinum? 547 (FIVE HUNDRED and FORTY-SEVEN) MILLION ounces per annum of silver mined. Is there a push, perhaps, among silver bullion dealers, to SELL surplus silver, by saying that a future shortage is looming, on the horizon? Chris Duane: RSVP, please – your answer to this question?

    • Gian

      You got an interesting point about excess silver being pushed by dealers but that doesn’t explain why silver is so low priced in relation to gold when it’s usage is widespread and increasing and doing math based on the numbers you provided, silver is 6.6 to 1 gokd being mined. Maybe silver isn’t so rare as many folks are saying and I’d certainly like to get more for cheaper. But it’s still valuable.

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