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Financial Advisor, GTA, Ontario, Canada
Investment, Insurance, Tax & Estate Planning

Wednesday, March 23, 2011

Apple Inc. Vs. Physical Silver

Tuesday, March 22, 2011

Silver's monetary role contributing to the metal's explosive growth


Silver is increasingly becoming a global monetary metal, mostly due to inflationary concerns and the debasement of the world's major currencies. And that's the main driver for silver's surging bull market, according to some key players in the precious metals investment sector.
Rising inflation in China and India, as well as Europe's ongoing sovereignty debt crisis, are major contributors to gold and silver reverting back to their traditional "safe haven" status, according to New York-based James Steel, a precious metals analyst for HSBC Securities.  

In India Post Office is selling gold coins like hotcakes


The humble post office is the latest organisation to get into the gold act in India. Standard 24 carat gold coins have been selling like hotcakes at over 466 post offices dotted throughout the country.  

Despite the current high price, Indian consumers have been buying small quantities of coins to give as gifts during the festival season. With the spring, harvesting and wedding season all in full swing in India, demand for the yellow metal has shown a substantial climb.

The gold coins are manufactured by Valcambi in Switzerland. "Apart from enhancing the revenue of the postal department and services, the move has enabled us to usher in a new image of the India Post as a modern and relevant organisation. Gold coins are showing to have an immense pull-factor with the younger generation,'' said a postal official, requesting anonymity.

Saturday, March 19, 2011

Silver vs Gold by Jim Cramer (Silver will outperform)

This video first came on Sept 2010. 
Silver is 4 - 5 times rarer than Gold. It is vanishing fast, due to industrial uses and is too cheap to recycle. In the not too distant future it will be more expensive than Gold. Get some now while they are giving it away. It will be like buying 25 Van Gogh paintings for nothing, when he was alive. Silver is a tremendous long term investment. 

Friday, March 18, 2011

$46,269/second

What is that number?  The other day, a politician say that the U.S. is currently borrowing $4B per day. I thought, "no way", but that's pretty close. $4B x 365 = $1.46T. Yikes!!

So I started to work it backwards and I got $46,269/second. That's how much the U.S. is borrowing (printing) every freaking second of every freaking day. Oh, but if you listen to CNBC or read Barron's, you'll hear that QE3 is very much in doubt. Whatever...

Both metals closed strong today. Combine that with the strength in crude and the grains and you've got something to build on. It looks almost certain that gold and silver will head back toward the levels that we're giving them so much trouble earlier this week. Gold will trade toward 1430 and silver toward 36. From there? Well you know that whatever power-that-be that was so intent on holding those lines this week will re-emerge. It will be a very interesting..

US Dollar: Failed Annual Cycle confirmed

The US Dollar is falling apart fast. Really fast. Two days ago it completed a failed daily cycle when it traded below 76.12. Now, the US Dollar has already failed its yearly cycle by trading below 75.63. The next downside target for the US Dollar would be the 3 year cycle low at 70.70. 

Please see this: https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqOqbRxRAWAr2gaYTc5aNSaa0Q83_UUnE6xzqp2qZEr_vac3msGLrVlEEj8WfDNpiIKF-EI60eVcvZcqcsmxK9UBe9QmoxW43qBlMwaeDhUED4rdezBtWyLOeH8sBdADX1cKVfu1gbh9fF/s1600/7558.png


Can you comprehend what will happen to the price of commodities when people realize that the world's reserve currency is in a precipitous freefall? Who will want to own the currency then?

Who wants to own it now, for that matter? Something like 70% of all new government debt is being purchased by our FED - not the Japanese, or Saudis or Chinese. Americans are buying their own debt because no one else wants it.

So what will people buy with dollars to get rid of them? Why, just about anything that is tangible, for starters. Such as, you guessed it, gold and silver. I believe at some point just weeks away people will make this exchange in shear emotional panic as the waterfall they are riding is accelerating towards earth.

For a relatively brief period of time precious metals will be seen by many as the only way to save ones self from the onslaught of hyper inflation. And as you know, this is the dynamic that fuels a parabolic rise in price.....too many people desperately chasing a solution to an impossible problem.

This is a great time to buy precious metals and their miners.

Libya: Five Reasons Not to Intervene

As Moammar Gadhafi’s thugs move toward Benghazi, the rebel stronghold, and the provisional government calls for arms and other assistance from the West – principally the United States – we are told to put all doubts aside and simply respond to the alleged moral imperative of preventing a slaughter. This, intone the interventionists, is an “emergency,” which means: we must stop thinking, and respond emotionally to the call to “do something.”


Source: http://original.antiwar.com/justin/2011/03/15/libya-five-reasons-not-to-intervene/print/

Wednesday, March 16, 2011

Bank of Japan's ¥55,600,000,000,000

That's the total amount of money rumored to be injected by the BOJ in order to keep the Nikkei going for a whopping 4 days. According to PTI the BOJ has offered to add an additional ¥13.8 trillion today, to go with the tens of trillions already noted previously. This would bring the total in just 4 days to $700 billion dollars
From PTI,


The Bank of Japan has offered an additional 13.8 trillion yen (some USD 170 billion) to money markets, bringing to 55.6 trillion yen the total emergency funds made available by it to protect the nation's banking system from the negative impact of Friday's massive earthquake.

Japanese authorities admitted that the unusual step to drop water from twin-rotor CH-47 helicopters to cool overheating pool containing spent fuel rods would not resolve the multifarious problems confronting them. These rods are still radioactive and as dangerous as the rods inside the reactors.

"It's not so simple that everything will be resolved by pouring in water. What we are trying to do is to avert other problems, said Edano.

India's top diplomat in Tokyo said all Indian nationals in Japan are safe and that efforts are underway to facilitate the return of those wishing to leave the quake-ravaged region.

A group of Indians stranded in Sendai, one of the worst- affected in the quake and the devastating tsunami, have been moved to Tokyo, Indian Ambassador Alok Prasad said.

He said the Indian mission has set up a 24-hour helpline and has been giving regular updates on its website.

Reflecting the mounting international concerns, France has asked its nationals in Tokyo to leave the country or move south.


Monday, March 14, 2011

Silver vs. Tech Stocks

It’s now been over a decade since the great tech bubble burst in the year 2000, but even today technology stocks are still popular among most investors and the financial media. There are good reasons for the continued popularity of technology stocks. Not only do tech companies deliver us cool new products each year, but many tech companies have delivered great stock returns as well. This creates an opportunity for investors to follow one of Peter Lynch’s famous principals, which is “invest in what you know”. Most investors have used one or more of the products these companies produce, and naturally they want to invest in the growth of the technology products that they enjoy.
Read more: http://news.silverseek.com/SilverSeek/1300110719.php

Saturday, March 5, 2011

Case for $175/oz SILVER

Every $20 Billion in new money will move the price of Silver $144 higher 
(Details explained)

Bob Quartermain: The Constraints on Silver Supply

At the Casey Research Gold and Resource Summit, Bob Quartermain spoke about the constraints facing silver supply today, “Mine supply doesn’t meet demand and in many of the new applications silver isn’t being recycled, so it’s not going to come back into the scrap supply chain... We’ll have to go out and find new mines or new sources for silver; and that can only speak to higher prices.” We’ve got the highlights of his speech in the video below.

Friday, March 4, 2011

Eric Sprott - "The investement of the next decade"

Eric Sprott of sprott asset management talks about Silver, Silver stocks, silver bullion shortage...

Who Would Pay $500/oz for Silver?

Jason Hommel of Silverstockreport.com, speaks about a common objection from potential silver investors. Hommel predicts, if silver does rise to $500 per ounce in value, a stampede would occur pushing Silver even higher. 

Utah Considers Return to Gold, Silver Coins


It's been nearly 80 years since the U.S. stopped using Gold coins as legal currency, and nearly 40 since the world abandoned the gold standard, but the precious metal could be making a comeback in the United States -- beginning in Utah.

Wednesday, March 2, 2011

WTSHTF !!!!!!

Ron Paul To Ben Bernanke "I Want A Definition Of Money!"

The must watch 5 minutes from today's second day of Bernanke hearings before congress is the interaction between the Chairman and his archnemesis: Ron Paul. 
The first brilliant rebuttal by Ron Paul has to do with the ongoing "Federal Reserve lecturing" on why Congress should not allow out of control deficits to escalate. 
As Paul so correctly put its, "the Congress and the Fed are symbiotic because the Congress spends and they know there is a moral hazard involved because they know that if interest rates go up, the Fed accommodates them. So the Fed really facilitates this spending, and until we realize this I think the Fed is involved with our deficit and encourages it as well as the Congress."