Help Build A Flagging Enthusiasm For Stacking Ag

I think the presently depressed spot level is the greatest incentive to buy I could dream of. I'm not overjoyed that the value of my stack is down, but I see present
product prices as a major incentive to buy. I wish I could double the monthly amount I sink into PM's.

I sympathize with your being in a position where you may need to sell some part of your stack. Now isn't a good time to be doing that. I thought the Cypriot bank
problem this week was going to launch PM spots, but all we got was a half-hour pop and then a fizzle and nothing. If that didn't goose PM spots back up, I think
they've seriously settled into the zone where they are and your daughter's wedding will likely be a memory before anything changes much.

On the $50/oz thing... I'm definitely not holding my breath on that one.

Also, I have been putting most of my silver funds into AMD HD 6950 graphics cards.

Why? Well I make Litecoins with them. The Litecoin market has jumped as high as $.65 in the past few weeks. I make 20 Litecoins or more per day.

As a result, I have managed to convert those Litecoins into several Englehard and ASE's. So yes, I still buy silver but using the new crypto-currency rush!

I wouldnt pay any attention to that youtube video

The video is put out by futuremoneytrends.com -- The little box inside the opening screen says "Silver Investments Click here to learn how to profit
from it" and the title of the text below is "Silver Shortage This Decade, Silver Will Be Worth More Than Gold".

This is a video that's put out by a business whose mission is to get prospective customers to send them money. Their gig is clearly stated as silver
investments and their video is a tool designed to help them accomplish their mission. The video is obviously not news. It's just commercial advertising.

My uncanny sense of suspicion has been aroused. I suspect this video will not be objective and professional economic news reportage of the quality I'd
expect from Reuters, AP or UPI. I further suspect this video is one more alarmist hustler-style corporate sales pitch and I have no interest in hearing even
one syllable of it. If I had $1 for every time I've been hit with that "Send me your money" crap I'd be a multimillionaire.

However -- anybody who wants to subject themselves to that video is welcome to do so and anybody who wants to send that company their money is
also welcome to do that as well. Ya pays yer money and ya takes yer choice and it's a free country.

That having been said, it's appropriate to get back onto the thread subject and not go hijacking this thread off into Sales Pitch Adorationland.

Fat Freddy hit the nail right on the head. I would add that 99 percent of articles or videos like that are written by people who have a financial interest in you investing in silver or gold.

I watched about a minute and the video was trying to imply silver is more valuable than gold and will one day cost more. I cant think of a single time in history when that was true. Silver has industrial uses because it was/is relatively cheap, as soon as that changes industry will move onto a different metal lowering the demand. They weren't necessarily lying about anything, but they weren't telling the whole story. They certainly started with a conclusion and worked backwards to support it in my opinion.

Theres nothing that suggests we are running out of silver anytime soon. There are shortages from time to time for product that has to be made or minted, but theyre arent shortages of actual supply. The mines arent dry, there are more mines out there, mining technology is getting better to get more silver from them, and the higher price makes some of the harder to get to stuff economically viable to go get. Not to mention a lot of it gets melted down and recycled and when you recycle electronics now they are recovering the pms from it.

Theres a lot of different reasons why people stack silver and depending on the reason the buy points will be different. But I dont think that people should be getting their reasons from people who are trying to sell it to them.

Thanks to one and all for the peep talk and some real good information. I guess I have to look at prices in the $28 range as a way to cost average as much as possible. I remember not to long ago remarking to someone at work that gold has passed $300/oz. Now look at it. The same way with silver. In the 90's silver was trading for as little as $4/oz. Now we are at $28. I read about how the big boys namely JP Morgan might have a hand in manipulating silver prices. If this is true. When will our government investigate such acquisitions. I have a feeling they won't. Lobbyists with deep pockets tend to keep many powerful politicians in their vest pockets. What I am saying, can the little guy truly win this fight. I hope so, for all our financial well being. Just a thought.

You're right...they won't, they can't, because
the ongoing game is in sustaining the faith in that
paper money we all slave for and keeping silver
down is part of it, unfortunately. So,while JP Morgan
and now HSBC are making tons of money shorting silver,
they help the govs. maintain face in this wonderful
financial system we all share.BUT there is a chance
this might all come to a nasty end, so;

Keep stacking