Silver Lady In Long Dress
By pleatedskirtguy, Thursday, September 24, 2009The Walking Liberty half dollar was a magnificent coin. Most, along with silver dimes, quarters, and Franklin & Kennedy halves, have been melted for the benefit of the Silver Users Association, a group which exerts itself to hold prices low. Price capping does always cause shortages, and shortages are ultimately met with soaring prices. Over 93% of these originals are gone---forever. Not just the numismatic rarities, but the "common dates" too. The SUA is the only users group in any commodity. Not even petroleum or gold have users associations. Without silver, the chemical and electronics industries would exist at primitive levels. Du Pont uses silver in over 330 catalytic processes. I am one of two (2) commentators on the "long" side of silver, nationally and internationally, to have ever been quoted by the SUA http://www.silverusersassociation.org/news/January_2006.pdf (page 2) so when I say something about silver, it comes from the horse's mouth. I participated in financing of deal with Silver Standard Resources acquisition of Diablillos site in NW Argentina. I have been cited by the Institute of Chartered Financial Analysts of India. Scrap all other investments and buy silver, because the world is running out of it, and can't exist without it. Buy silver while the price is still wrong, only about 1.5% that of gold, with more silver above ground ounce for ounce than gold because of incessant industrial consumption, and a geological ratio of only 7 parts silver to 1 part gold, which is itself incredibly underpriced (temporarily!) There are many competitive dealers to choose from. I benefit from silver's sustained rise into the ionosphere of value regardless of whether my advice is heeded by others. Remember "analyst" Jack Grubman? Five of his stock picks lost 99.9% of value whereas silver, which cannot go broke, is easily the most undervalued physical substance in all history. Central Fund of Canada wants to buy another $500 million of silver that short sellers cannot deliver because they are "naked short," and China has just legalized its people owning silver, in a country of one billion plus and in a world where less than one ounce per capita to correspond to their population is mined per annum. Ahh, history---what could be more fascinating? Monetary history, and the history of clothes, dispelling modern myths ("paper money is wealth" and "skirts are female.")







