The Future Of Silver Exchanges

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33 comments to The Future Of Silver Exchanges

  • john anderson

    Chris,
    You da man

  • Andy Appelbaum

    Very cool!

  • Rick

    Thank you for taking the time and energy to bring this opportunity to me. This feels like the “next level” of preparing for an uncertain future. All my best to you and yours.

  • Michael

    Will Canadians be allowed to buy and sell on the new exchange soon!!! That would be very,very awesome! Thanks for all the great work you do for all of us!!

  • David

    Hi what if you live in the UK as I do will there be an over seas’ postal rate in place or will this be for the US only, yours Dave.

  • Brett

    Very nicely done, but Chris I was watching a video by Harry Dent, and he states that precious metal have no place to go but down, what is your thoughts about this?

    • Silver Shield

      All deflationists apparently don’t understand a debt based currency and that it must inflate or die.
      Nations that print their own currency will/must print to keep their system going.
      Suggesting the dollar of a country with a debt bigger than the GDP and 80 million baby boomers and lost manufacturing and declining energy resources some how getting stronger relative to gold is insane.
      The only deflation that will happen is if you measure your wealth in gold and silver relative to everything else.
      There are thousands of examples of inflated dead paper currencies but none that deflated to death.

  • SEMPER FI:

    CHRIS…You are the best…love you….

    SEMPER FI.

  • Bob Wiles

    Hey Chris D. – You rock and resonate with me. I attended the Silver Summit for my first time in Oct. 2013 and discovered that you had been there the year before. If you go again then I will be inclined to go again.

  • bob dorotich

    I too have been listening to and reading Harry Dents’ comments re. gold plummeting to $700 and silver following suit. I was glad to see someone inquire about this. I think I got some of what you were saying Chris. Can you simplify it a tad bit more or anyone else out there? Am hoping Dent is incorrect.
    Thanks.

    • Matthew S

      The way I see it, if the price drops much lower, me and many others will be selling the SOFA to buy silver, since it is already so undervalued. Everything is technically priced in gold. Look at the price of oil in gold over the last 50-70 years, for example, you will see that it always oscillated around 2.5g/barrel. Same thing with silver. It should be priced at 10-18 ounces of silver per ounce of gold. It’s currently at about 65! (Cheap silver).

      The lower the price of silver goes, the more people buy. Eventually prices are so low miners cannot make a profit pulling silver out of the ground, supply will dry up and the price of physical will have to go up.

    • David

      Bob,

      “I too have been listening to and reading Harry Dents’ comments re. gold plummeting to $700 and silver following suit”.

      Dent obviously has no clue as to the total REAL costs of mining to break even; let alone make a profit. There is no way in hell gold will drop below $1,100 OR HIGHER an ounce even in the ETF markets. Go to http://srsroccoreport.com/ and comb through some articles + comments from roughly a month ago; he explains why. Or send him an email and if he has time he will explain or link you to the explanations.

  • G Singh

    There is Sage RUMI saying Chris:” When someone beats a rug, the blows are not against the rug, but against the dust in it.” You truly have taken the blows to give us a clear picture. Cheers to you !

    • Silver Shield

      I only recently became exposed to Rumi and I wonder why he is not more popular. Probably some anti Persian thing.

  • PEAK CRACKERS

    Very impressive ,well thought out.
    Great work Chris and I love your moral and Philosophical mind set on this project .

    • Silver Shield

      Thank you but honestly Ben and Mike should get ALL of the credit since they are the one that built it.

  • John Phillips

    Nice work chris and all who helped .Very excited about the future silver bank .Backed with real wealth

  • Aaron

    Hey Chris, is there any chance that you may look at other payment methods so us Canadians who follow you can buy/sell on Silver Shield Xchange?

    The site looks great!

  • The more I watch you Chris the more I like you. This is awesome. You are like a fish swimming against the current to a destiny that must be done. PURE GLORY.

    I will be visiting and joining your exchange soon. Thank you.

    • Silver Shield

      Considering you did not like me at all…
      I take this as a REAL compliment.

      • I do not know who you are as a person, just as a personality online. When I was watching you stand to a troll like rawdog then give so much energy to a black hole of a soul who stole from you I was under the impression you were of a victim mentality – like me at times (which I dispise).

        The more recent CD you are producing is charging ahead proving to me he is focused on on the Truth that Capital can only come from the Fruit of Labor.

        No matter how how the dollar, bitcoin or SDR’s prevail in the years ahead you are acting in honor and in good faith of all the good people who have blessed US with the opportunity to have such an awesome life.

        For what it is worth I am just some photo artist workin his ass to live a dream. My opinion is just that. One cannot take any of what I say or do to the bank but I hope whatever I contribute one can take it with them.

        FWIW-BITCON MAKES NO SENSE

  • Matthew

    Hi Chris,

    Great move. Can we export this to make a UK version? I imagine it would be relatively straight forward?

    Thanks

    Matthew

  • David

    So I setup my accounts (SilverXchange and Dwolla), made two purchases and here is what I noticed thus far. Since Dwolla is there own payment network, transfers from checking accounts take a very long time (3 or 4 days) and even after that is made successfully expect another two days for the seller to be paid by Dwolla. That is pretty slow but I could live with that understanding what is trying to be done here.

    The “Bad’ part for me though, I am sure I will be called crazy for this one, but Dwolla’s street address is (according to an email they sent me):

    666 Walnut, Suite 1830 – Des Moines IA 50309

    Yup those 3 famous numbers reserved for the elite and there banking activities. So as soon as my current transactions are complete I will unfortunately be closing my Dwolla account along with the checking they were attached too.

    If the exchange ever gets and alternative payment system that isn’t demonic in nature, I will be happy to come back.

    Sorry, I did like the site, but once you start recognizing these things right in front of your face its tough to look the other way.

    • Jeremy

      David, I would not worry to much about the 666 thing. I have lived in Iowa my entire life. This is one of the most HONEST states in the country and people don’t get away with financial theft here (i.e. lots of farmers, aged and salt of the earth people). People here are hard-working and honest and that is why there are lots of big name insurance companies here (Principal, etc).

      I have been in this building and there is nothing special about it – it’s one of those you rent out office space from – I’m guessing there are dozens of businesses there and they are not all demonic just because the city planners gave it that street address decades ago. :)

      Also, I’m not a Dwolla expert, but isn’t there an option like Paypal where you “fund your wallet” ahead of time (if you know you’re going to bid on something) to get rid of the 3-4 day delay? I mean, if you are planning on buying a $50 coin, just fund your account ahead of time and maybe require that in your auction description? Just a thought.

    • another David who posts here

      “The “Bad’ part for me though, I am sure I will be called crazy for this one, but Dwolla’s street address is (according to an email they sent me):

      666 Walnut, Suite 1830 – Des Moines IA 50309

      Yup those 3 famous numbers reserved for the elite and there banking activities. So as soon as my current transactions are complete I will unfortunately be closing my Dwolla account along with the checking they were attached too.

      If the exchange ever gets and alternative payment system that isn’t demonic in nature, I will be happy to come back”.

      THE SAD THING IS YOU ARE PROBABLY SERIOUS. THAT ADDRESS WAS SET UP BY CITY PLANNERS OR THE POST OFFICE. ARE THEY “DEMONIC” FOR CREATING AN ADDRESS BETWEEN TO 665 AND 667? IS THE COMPANY EVIL BECAUSE THEY LEASE SPACE THERE? SHOULD BUILDINGS ALSO NOT HAVE A 13TH FLOOR?

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