Despite Low Prices, Demand For Silver Plunges 40%!!!!

you are talking to deaf ears. Silver/gold tards are in denial and buying the dips. They love losing monies on the way down.

Ahh yes the laws of supply and demand still apply. The rabid cultist silvertards on GLP must have skipped economics101 in school. Nobody except the youtube glp morons wants the quadrillions of oz. of silver Max Keiser, Bill Murphy and Mike Maloney are selling.

Meh. i will continue to stack. Never thought Id see below $20.00 again. Im looking long term. Short-term volatility is a given. With Helicopter Ben printing $85 Billion (That we know of) per month, Ill keep my shiny stuff. What is the failure rate of fiat currencies? 100%

My question is what the hell are tht gonna do with all that useless silver that they probably overpaid for? I bet there gonna be a ton of pissed off I.T guys.

If prices dropped even after 4 quantitative easing programs and endless bailouts, what would make the prices ever rise?

So it isn't just those evil banksters driving the prices down. People just dont want to buy it. If the indians dont want it then you know silver is fuckin toast. People and countries buy Gold. Plats and Palladium. I love how the tards always try to lump silver in with gold, kinda like people from NJ trying to say their from NYC. Silver is the low class of the PM world.

the markets are heavily rigged. continuous printing of fiat currency will lead to hyperinflation. the dollar has already lost the vast majority of its value, whereas an ounce of silver is still an ounce of silver.

it will always have industrial uses. it will always have health benefits in colloidal form. your fiat dollars will make nice toilet paper.

one needs only to look at the weimar republic or zimbabwe. i have several ONE HUNDRED TRILLION dollar bills from zimbabwe.

[link to www.industrymailout.com]

How about bullion banks covering shorts by forcing downward momentum to get the hedgies to increase shorts? Then when there is ecumenical bearishness, squeeze the short side--but only after going net long.

You guys are amateurs.

HSBC bought 876 million worth and flooded the market with it .... and caused a price drop ....


when everyone buys it back the price will go above 500 ....

the joke is on you

They say the the russians could do this with the diamond market anytime they want.

Heard that shit since 1986. Where's the crash JP Morgan Silver $500 per ounce.

I love to read dis-information articles from the elite. Silver almost brought them down and they went all out to destroy silver prices. it will not last, long term. Silver always comes back and this time is no different. Take away their power to print money out of thin air and silver would have already brought them down.


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Billions of silver mined each year. BILLIONS! which is why prices are where there at. Enough with the absurd banksters shit. Yes they play a part in it but free markets always come out on top

The amount of silver produced per year in the entire world is roughly around 680 million ounces of silver [4]. If you take our world population of roughly 6.7 billion people that means about one tenth of an ounce of silver is produced per year per person. A good way of visualizing that is a dime. If this dime were made of silver this would be about one tenth of an ounce of silver and it would cost you about $1.67 today is what it would be roughly. If you want your share of the amount of silver produced this year you would want to buy yourself this much silver per year. You probably are buying this amount of silver per year if you buy cell phones and computers and all the things that have silver in them that we don't even know about like RFID tags. If you wanted to be sure you got your share of silver per year you would want to get this much and spend like $1.60 per year.

TPTB's Plan to make PM's look like a bad idea (with the intent and purpose to prop up the dollar) is obviously working. The signal for the end game is the fed buying their own bonds (because NO ONE else wants them). And lest you forget...that is EXACTLY what they have done/are doing.

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Meh. i will continue to stack. Never thought Id see below $20.00 again. Im looking long term. Short-term volatility is a given. With Helicopter Ben printing $85 Billion (That we know of) per month, Ill keep my shiny stuff. What is the failure rate of fiat currencies? 100%
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A SECOND to that opinion...

6000 years of trade history in Silver, Gold, and other precious commodities.

Verses a 100 year history of trade with a crime festering paper currency.

And in reality it has only been 40 years since Nixon closed the "Gold Window"

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In the 34 years before Nixon closed the gold window, the money supply in the U.S. grew less than two fold. In the 34 years after Nixon’s action, the money supply expanded 13 fold. The Fed’s massive inflation of the 1990s resulted in the greatest advance in stock market history. Continued inflation is now pushing housing prices to record levels. Automobiles now cost more than houses did only thirty years ago.

Despite establishment assertions that the dollar is “sound,” investors should prepare for further declines in the value of the dollar and plan their investments accordingly. History shows that no government, after going on a fiat monetary system, ever reverses course until its paper currency is destroyed.
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That is, if you put money in a coffee can in 1971 and buried it in the back yard, you’ve lost 82% of your purchasing power in the United States and 91% in Great Britain.

What’s Happened to the Dollar Since 1971

Here is a Story...
Imagine it’s 1971, and you’ve volunteered for a science experiment: you’re going to be frozen alive for five years in a test case for future space travel to planets light years away...Read at Link...

[link to www.citizeneconomists.com]

Of course these are just "examples" you could have "invested" in the Stock Market, and you may, or you may not, have been Ripped Off by the Crime Cartels, Fraudulent Companies, and Fake Ratings Reports, their Bankruptcies, their Risk Gambling etc...

You MIGHT have done alright, but the statistics are indicating something VERY different.

IF, you are an "Insider" or are "Connected" to the dominant Crime Cartels, and you spew their propaganda you are "IN".

If you are an "ordinary" investor you are likely fleeced like a sheep.

Silver institute says 787 million oz global production of silver. Thats a shit load of silver considering the 40% drop in demand

[link to www.silverinstitute.org]

Since 1971 What Has Been A Better Return – Stocks Or Gold And Which Will Have A Better Future Return?

The math (according to MeasuringWorth.com):

Dow 1/4/1971 – 830
Gold 1/4/1971 – $35

Dow today: $12,516
Gold today: $1,497 [Not Current Value]

Dow percentage gain for that time-frame; approximately 1,500%

Gold percentage gain for that time-frame; approximately 3,500%

The Last 10 Years Dow vs. Gold

Dow 5/18/2001 – 11,301
Gold 5/18/2001 – $273

Dow today: 12,516
Gold today: $1,497 [Not Current Value]

Dow percentage gain for that time-frame; approximately 11%
Gold percentage gain for that time-frame; approximately 548%

You can go ahead and calculate the 1.8% dividend into the equation, but even at a 25% return, double the 11%, it is dwarfed by the overall gold return.

Source...
[link to buygoldandsilversafely.com]

If this is so cheap can you guys post a link where I can buy pure silver silverware table set for 8 people....im yet to find a good silver pitcher. . Thanks

So then its not billions! BILLIONS!

It is year over year because where the heck do you think all the silver mined from 1900's -2013 went? It's still out there.

this statement from the article say it all...

Ujjwal Zaveri, partner, DP Zaveri & Sons, a 35-year-old silver firm in Mumbai's Zaveri Bazaar, said: "There is no demand for silver at all in the market unlike gold. A price crash in gold has spurred demand among Indian consumers but in the case of silver it has not happened so. People are thinking that silver prices will further crash and are holding back their decisions

In about 60 years, we have managed to consume about 80% of the silver EVER MINED in the last 6,000 years.

There is NO WAY current mining can keep up to demand.

Any in-your-hand silver will increase in value in a spectacular fashion very soon. BUY it now if you can and are smart.

If you are going to be a "stacker" why not stack the very best metals which are Gold, Platinum and Paladium?

I'd like to know that too...

In your opinion why is silver better than the other 3 metals which are all more rare and in higher demand especially the platinum/palladium metals and all have better fundamentals than silver.