Best of the Week
Most Popular
1. Gold Final Warning: Here Are the Stunning Implications of Plunging Gold Price - P_Radomski_CFA
2.Fed Balance Sheet QE4EVER - Stock Market Trend Forecast Analysis - Nadeem_Walayat
3.UK House Prices, Immigration, and Population Growth Mega Trend Forecast - Part1 - Nadeem_Walayat
4.Gold and Silver Precious Metals Pot Pourri - Rambus_Chartology
5.The Exponential Stocks Bull Market - Nadeem_Walayat
6.Yield Curve Inversion and the Stock Market 2019 - Nadeem_Walayat
7.America's 30 Blocks of Holes - James_Quinn
8.US Presidential Cycle and Stock Market Trend 2019 - Nadeem_Walayat
9.Dear Stocks Bull Market: Happy 10 Year Anniversary! - Troy_Bombardia
10.Britain's Demographic Time Bomb Has Gone Off! - Nadeem_Walayat
Last 7 days
BrExit Party EarthQuake Could Win it 150 MP's at Next UK General Election! - 18th May 19
Dow Stock Market Trend Forecast 2019 May Update - 18th May 19
US Economy to Die a Traditional Death… Inflation Is Going to Move Higher - 18th May 19
Trump’s Trade War Is Good for These 3 Dividend Stocks - 18th May 19
GDX Gold Mining Stocks Fundamentals Update - 17th May 19
Stock Markets Rally Hard – Is The Volatility Move Over? - 17th May 19
The Use of Technical Analysis for Forex Traders - 17th May 19
Brexit Party Set to Storm EU Parliament Elections - Seats Forecast - 17th May 19
Is the Trade War a Catalyst for Gold? - 17th May 19
This Is a Recession Indicator No One Is Talking About—and It’s Flashing Red - 17th May 19
War! Good or Bad for Stocks? - 17th May 19
How Many Seats Will Brexit Party Win - EU Parliament Elections Forecast 2019 - 16th May 19
It’s Not Technology but the Fed That Is Taking Away Jobs - 16th May 19
Learn to Protect your Forex Trading Capital - 16th May 19
Gold Ratio Charts Offer The Keys to the Bull Market - 16th May 19
Is Someone Secretly Smashing the Stock Market at Night? - 16th May 19
Crude Oil Price Fails At Critical Fibonacci Level - 15th May 19
Strong Stock Market Rally Expected - 15th May 19
US China Trade Impasse Threatens US Lithium, Rare Earth Imports - 15th May 19
Gold Mind Reader's Guide to the Global Markets Galaxy: 'Surreal' - 15th May 19
Trade Wars and Other Black Swan Threats to Your Investments - 15th May 19
Our Long-Anticipated Gold Momentum Rally Begins - 15th May 19
Defense Spending Is Recession Proof - Defense Dividend Stocks - 15th May 19
US China Trade Issues Will Drive Market Trends – PART II - 14th May 19
The Exter Inverted Pyramid of Global Liquidity Credit risk, Liquidity and Gold - 14th May 19
Can You Afford To Ignore These Two Flawless Gold Slide Indicators? - 14th May 19
As cryptocurrency wallets become more popular, will cryptocurrencies replace traditional payments? - 14th May 19
How US Debt Will Reach $40 Trillion by 2025 - 14th May 19
Dangers Beyond a Trade War with China - 14th May 19
eBook - Greatest Tool for Trading? - 14th May 19
Classic Pitfalls for Inexperienced Traders - 14th May 19
Stock Market S&P 500 Negative Expectations Again - 13th May 19
Why Rising Living Standard in China Offers Global Hope - 13th May 19
Stock Market Anticipated Correction Starts On Cue! - 13th May 19
How Chinese Trade Issues Will Drive Stock Market Trends - 13th May 19
Amazon SCAM Deliveries for Fake Verified Purchaser Reviews "Brushing" - 13th May 19
Stock Market US China Trade War Panic - Video - 13th May 19
US Stock Market Leading Macro Economic Indicators Update - 12th May 19
SAMSUNG - BC94.L - Investing in AI Machine Intelligence Stocks - 11th May 19
US Increases Trade Tariffs Against China – Stock Markets, Gold, and Silver - 11th May 19
Who Has More To Lose In A No Deal Brexit? - 11th May 19
Gold at $1,344 Will Start Real Fireworks on the Upside - 11th May 19
Make America’s Economy Great Again - 10th May 19
Big US Stocks’ 2019 Fundamentals - 10th May 19
Stock Market US China Trade War Panic! Trend Forecast May 2019 Update - 10th May 19
Stock Market Shake-Out Continues – Where Is The Bottom? - 10th May 19

Market Oracle FREE Newsletter

U.S. House Prices Analysis and Trend Forecast 2019 to 2021

Precious Metals - If You're Out of the Room, You're Out of the Deal

Commodities / Gold and Silver 2015 Dec 01, 2015 - 07:43 AM GMT

By: MoneyMetals

Commodities

David Smith writes: There's a saying in the resource sector investment community regarding whether or not a person might be privy to a good private placement or the inside scoop on a company that's working on a lucrative gold or silver project. The saying goes: “If you're out of the room, you're out of the deal.”

As the day comes closer when the precious metals turn to the upside in earnest – well before the public mania phase alerts everyone on the planet to the potential – we could confront an event which moves the precious metals upward so quickly and violently, that people don't have at least a core holding beforehand will be left standing at the proverbial station. That train might not just pull away, but instead launch down the rails like a rocket.


Responding to First Majestic's decision to stockpile, rather than sell at low prices, some of its silver production, Steve St. Angelo of SRSRoccoReport.com wrote:

...investors need to be prepared for the time that acquiring physical gold and silver will be virtually impossible. It seems as if (and according to the speculation of many in the precious metal industry) the rise in the price or value of gold and silver will not occur as it did from 2009 to 2011. This time around, the values of the precious metals will probably skyrocket virtually overnight... thus creating a huge panic for the public to FINALLY GET IT. Unfortunately, by then it will be too late, as physical metal will be in very short supply.

Out of the Room... or Out to Lunch?

Right now, most Americans and Canadians are only dimly aware of the progressive destruction to their real net worth that's taking place while inflation silently but persistently chips away at the financial foundations. As prices rise, they experience “snapshots” about specific goods and services affecting them directly, but seldom put things together to form a larger picture that clearly demonstrates what's really going on.

In a recent tax filing information packet provided by a New York tax preparation firm, the following information and recommendation under the subhead “Surtaxes” is provided for its clients:

Current high-income earners... Be aware that the rest of America will soon be joining you! When the surtaxes on this group of Americans were passed, Congress purposefully did not adjust the thresholds for inflation, and in 6 years, over 50% of all Americans will pay these surtaxes based on estimated inflation rates. Begin planning now...

The Public Is Surprisingly Clueless about the Value of Precious Metals

A number of times during the last few years, Mark Dice, media analyst, political activist, and author, has been videotaped standing across the street from a coin shop in San Diego. Wearing a t-shirt labeled “Sound Money,” he offers to sell passersby a one troy ounce $50 Canadian Gold Maple Leaf for “half price” at $25, because he “needs to pay his cell phone bill.”

Everyone he asked – men, women, young and old – turned him down. He offered to sell it to one young lady for $20, $10, then $5...and finally in exchange for a stick of her chewing gum, but she refused each and every time!

In another experiment, Dice worked diligently to sell a 10 troy ounce bar of silver for $10, then $5, and finally 99 cents. One young lady (should we laugh or cry?) would not even trade her $1.99 "noodle bowl" for the 10 ounce silver bar. In perhaps the most bizarre experiment of all, every person queried the next day chose a Hershey's candy bar over 10 ounces of silver!

Given the state of world affairs in general, alongside economic policies of the federal government specifically, it's a safe bet the day is coming when clueless people like the ones in these videos are going find themselves distinctly in the minority.

But by then, along with most of their brethren, the search for precious metals is going to be futile or unaffordable.

We often hear about "the 1%" of very wealthy Americans who control an outsized amount of the nation's total wealth. But as government and pension debts at all levels mount, the sands of change are becoming more apparent. When much of that paper wealth changes hands, those who have had to foresight to hold build a strong base in precious metals with a portion of their disposable income stand to benefit in an outsized way.

Right now, less than 1 percent of Americans have any precious metals. If even one or two percent more decide to take the plunge, physical supplies of gold and silver will shrink faster than an outgoing tide. Maybe you should consider becoming a part of this 1%.

Steve St. Angelo has this to say:

It is plain to see, investors continue to buy record amounts of physical silver even at much lower prices. The bankers assumed at some point that investors would grow weary of holding onto a supposed DEAD-BEAT asset as its price decline. However, the opposite has occurred as investors realize... nothing has been fixed. So why stop buying, especially at lower bargain prices? The day will come when the bankers lose control of the highly leveraged debt-based fiat monetary system. This can take place at any time...

If you want to be part of "the deal" when silver and gold leave today's bargain-basement prices in the rear view mirror, make sure you're "in the room" - take your stake in physical gold and silver now.

By David Smith

MoneyMetals.com

David Smith is Senior Analyst for TheMorganReport.com and is a regular contributor to MoneyMetals.com. For the last 15 years, he has investigated precious metals mines and exploration sites in Argentina, Chile, Bolivia, Mexico, China, Canada, and the U.S. and shared his findings and investment wisdom with readers, radio listeners, and audiences at North American investment conferences.

© 2015 David Smith - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules