Now, why do I think of that scene in Dr. Strangelove where Major Kong is riding bareback on that NUKULAR bomb!
suzanna
December 21, 2015 4:53 pm
gambling is very popular. Banks are gambling.
Those guys will have eat their losses. It is not
our problem. They have already stolen trillions and trillions from us.
If they steal what is left of our meager savings…forget the pensions,
they are gone,…some younger guys will hang them as we cheer.
Sensetti
December 21, 2015 5:34 pm
Derivatives Market is impressive
ottomatik
December 21, 2015 11:52 pm
Can someone help me with this, its all fucked up….the article says 1 Billion ounces of silver and 183,600 tonnes of gold = 5,902,877,149 t oz
How can there be 6 billion ounces of gold and only 1 billion ounces of silver
something somewhere is fucked up
any help would be much appreciated
ottomatik
December 22, 2015 1:28 am
Total mine output for silver 40 Billion. The article assumes 39 Billion consumed, well ok, lets assume none has been consumed for technology, and that 40 billion is close. That would put the ratio at 40:6 billion, coincidentally it turns out to be 6.66 : 1 yeah, score 1 for the cabalist.
All of the above was from cursory research on the interlink, but these are numbers are frequently cited, for whatever that is worth.
Point is the 6.66 to 1 ratio is dramatically different then the current 77 to 1 in todays spot prices, at 77:1.
If what I have read of historical norms and geologic deposition 15:1 sounds repetitive, so there would have been 90 Billion ounces of Silver mined to date, and at 77:1 if today’s numbers are representative there should be 462 Billion ounces of silver above ground.
Maybe I missed a decimal somewhere.
That puts the range of existing above ground silver between 1 and 90 billion ounces.
The only reason I can imagine the current ratio being so wack, is there are entities with the foreknowledge that gold is for kings and silver, like copper, is for plebs.
Something is fishy, lets say Bill Gates wanted a conservative investment portfolio for his 77 billion, he would opt for 7.7 Billion in bullion-10% that would be potentially half of all of the silver on earth, fuck it he could go nuts and buy it all for 20% of his net, crazy fucker. He is just one man, yeah the richest(supposedly/openly) motherfucker on Earth, but the market is tiny, apparently.
Most of my understanding comes from those wishing to sell me coins or drive me to coin sales.
Anonymous
December 22, 2015 7:42 am
On November 16, 2014, the G20 nations declared your bank deposits to not be money and they can take it whenever they want. On August 8, 2012, the 7th Circuit Court of Appeals ruled that the banks own your money when you deposit your paycheck into the bank.”Anyone that has money in any financial institution is ether stupid or on drugs”-Ann Barnhardt
robert h siddell jr
December 22, 2015 4:38 pm
Silver is usually a by product of other cheaper metals refining and then silver gets used up by industry; very little extra silver is produced at it’s low price; it is gone sort of like oil and phosphate whereas expensive gold is mined for itself and very little is used up and lost. Therefore, there are large stores of very valuable gold but very little silver stored. That should change when China has all the gold and only silver is left as an investment metal.
Holy muthaf…
I was literally looking at this two days ago.
Now, why do I think of that scene in Dr. Strangelove where Major Kong is riding bareback on that NUKULAR bomb!
gambling is very popular. Banks are gambling.
Those guys will have eat their losses. It is not
our problem. They have already stolen trillions and trillions from us.
If they steal what is left of our meager savings…forget the pensions,
they are gone,…some younger guys will hang them as we cheer.
Derivatives Market is impressive
Can someone help me with this, its all fucked up….the article says 1 Billion ounces of silver and 183,600 tonnes of gold = 5,902,877,149 t oz
How can there be 6 billion ounces of gold and only 1 billion ounces of silver
something somewhere is fucked up
any help would be much appreciated
Total mine output for silver 40 Billion. The article assumes 39 Billion consumed, well ok, lets assume none has been consumed for technology, and that 40 billion is close. That would put the ratio at 40:6 billion, coincidentally it turns out to be 6.66 : 1 yeah, score 1 for the cabalist.
All of the above was from cursory research on the interlink, but these are numbers are frequently cited, for whatever that is worth.
Point is the 6.66 to 1 ratio is dramatically different then the current 77 to 1 in todays spot prices, at 77:1.
If what I have read of historical norms and geologic deposition 15:1 sounds repetitive, so there would have been 90 Billion ounces of Silver mined to date, and at 77:1 if today’s numbers are representative there should be 462 Billion ounces of silver above ground.
Maybe I missed a decimal somewhere.
That puts the range of existing above ground silver between 1 and 90 billion ounces.
The only reason I can imagine the current ratio being so wack, is there are entities with the foreknowledge that gold is for kings and silver, like copper, is for plebs.
Something is fishy, lets say Bill Gates wanted a conservative investment portfolio for his 77 billion, he would opt for 7.7 Billion in bullion-10% that would be potentially half of all of the silver on earth, fuck it he could go nuts and buy it all for 20% of his net, crazy fucker. He is just one man, yeah the richest(supposedly/openly) motherfucker on Earth, but the market is tiny, apparently.
Most of my understanding comes from those wishing to sell me coins or drive me to coin sales.
On November 16, 2014, the G20 nations declared your bank deposits to not be money and they can take it whenever they want. On August 8, 2012, the 7th Circuit Court of Appeals ruled that the banks own your money when you deposit your paycheck into the bank.”Anyone that has money in any financial institution is ether stupid or on drugs”-Ann Barnhardt
Silver is usually a by product of other cheaper metals refining and then silver gets used up by industry; very little extra silver is produced at it’s low price; it is gone sort of like oil and phosphate whereas expensive gold is mined for itself and very little is used up and lost. Therefore, there are large stores of very valuable gold but very little silver stored. That should change when China has all the gold and only silver is left as an investment metal.