Silver Shortage This Decade, Silver Will Be Worth More Than Gold

Gerald Celente forcasts $2000 Gold for 2011 on 1st Jan.

Hyperinflation Will Drive GOLD to Unthinkable Heights

We now live in a world where governments print worthless pieces of paper to buy other worthless pieces of paper that combined with worthless derivatives, finance assets whose values are totally dependent on all these worthless debt instruments.  Thus most of these assets are also worth-less.

So the world financial system is a house of cards where each instrument’s false value is artificially supported by another instrument’s false value. The fuse of the world financial market time bomb has been lit.  There is no longer a question of IF it will happen but only WHEN and HOW.  The world lives in blissful ignorance of this. Stockmarkets remain strong and investors worldwide have piled into government bonds in a perceived flight to safety. Due to a century of money creation (and in particular since the 1970s) by governments and by the fractal banking system, investors believe that stocks, bonds and property can only go up. Understanding risk and sound investment principles has not been necessary in these casino markets with guaranteed payouts for anyone who plays the game. Maximum leverage and derivatives have in the last 10-15 years driven markets to unfathomable risk levels, with massive rewards for the participants.

In the meantime central banks are cranking up the printing presses but as Bernanke recently said quantitative easing is an “inappropriate” description of what should be called “securities purchases”!  Who is he kidding? What the Fed is buying has nothing to do with “securities”. There is no security whatsoever in the rubbish the Fed is purchasing. They are buying worthless pieces of paper with worthless pieces of paper. This is the Ponzi scheme of all Ponzi schemes.

Full link: http://goldswitzerland.com/index.php/hyperinflation-will-drive-gold-to-unthinkable-heights/

The New Economic Cycle

Hyperinflation is Coming! Weimar Republic of Germany - Obamaflation

Why Government is More Afraid of Debt than Depression

How to Turn $20,633 into $770,796

I do find it very likely to double and perhaps even tripling its current value, within the next two years. Nevertheless, if it can sustain its current growth rate (roughly doubling anually) for the nex 5 years you would have your 1,000 dollar silver. And if the economic state of affairs remains relatively unchanged, silver may continue to break price ceilings set by investors: but for now, I'll only maintain my position that silver looks like it is almost guaranteed to double within the year (2011) and perhaps even triple. Below are two projections based on this theory...

10 Year Front Loaded:

 (30*2=60), (30*3=90), (30*4=120), (30*5=150) (30*6=180)... (Ending period 10 at 300)

5 Year Doubling Annually:

(30*2=60), (60*2= 120), (120*2=240),(240*2=480), (480*2=960)