New Mexican Law ASSURES Silver Will Blow PAST $600/oz!! (vid/article)

bump

Don't read too much into Mexican laws.

WE RIDE MOFO'S... YEEEEEEEEE HAAAAAAAWWWWWWWWWWWWWWW!!!

Making sure their new Chicom friends get first dibs....

He is right, I think, that many if not most, if not all mines around the world, 'owned' by foreigners will be nationalized or at least much more tightly controlled, if the countries are strong enough to keep some power to themselves.


And at some point, silver WILL get you $600 US for an oz; and maybe more.

And I also think, I am sure, that silver will reach such value that the kind of barter trades that happened in the USA during the great crash of 29 and the depression, and during the great inflation and destruction of the German Marc in the 1930's will take place in this country.

Where you may get a very nice house for 78 oz of silver, or a nice luxury car for a few dozen oz.

For the scoffers, go study some fucking history. In every period of 'irrational exuberance' most people think 'this time IS IS DIFFERENT!"

No. There is a huge boom, with fake credit and emotional exuberance; then the crash, with lots of screaming and blood and tons of formerly 'rich' people killing themselves, many more starving to death; and then the rebuild, with gold and silver to restart companies with other commodities like corn and wheat and steel.

Silver used to be money to the world.

The Gold barons went to war ot make Gold The King of Money.

Silver is so plentiful is rarely changes price and can't be squeezed.


The price it is now is what the future price will always be. around $30 USD per oz.

If you had rampant inflation it might end up worth millions in your paper funny money.

In the 1960's Texas nearly left the Union. They were going to use Silver as the Standard for their money and most Texans had been stockpiling.

Then the people behind it, the Hunt Brothers went to jail and the Governor sold them out to escape prison.

Silver cost money to store in vaults.

Most Texans buried theirs in the back yard. Still there 60 years later.

All of First Majestic's Primary silver mines are in Mexico.
So, I'll ignore your take on it.

[link to firstmajestic.com (secure)]

[link to geo-mexico.com (secure)]

Many of the silver mining companies, globally are based out of Vancouver, where there are absolutely no silver mines!

QUOTE
Mexico is the world’s leading producer of silver and has occupied top spot for several years. Mexico’s output of silver rose 2.0% in 2015 to 5,372 metric tons (189.5 million ounces). Mexico is responsible for 21% of global production, followed by Peru (15%), China (12%) and Australia and Russia (each 6%). About 70% of silver produced in Mexico is exported, the remainder is sold on the domestic market.

Global silver production fell slightly in 2015 due to decreased output from Canada, Australia and China. World demand for silver in 2015 reached a record 33,170 tons (1,170 million ounces), due to surges in three manufacturing sectors: jewelry, ingots and coins, and photo-voltaic solar panels.

The increased output in Mexico came from expansions in the Saucito and Saucito II mines, operated by Fresnillo, and the El Cubo mine, managed by Canadian firm, Endeavour Silver. A similar increase in production is predicted this year, given the on-going expansion of the San José mine, owned by Canada-based Fortuna Silver Mines.

Zacatecas is Mexico’s leading silver producing state (46.5% of total; see map), well ahead of Chihuahua (16.6%), Durango (11.3%) and Sonora (6.9%).
END QUOTE

4 of the largest silver mines in the World are in Mexico..

QUOTE
The 10 Biggest Silver Mines in the World
Here are the 10 biggest silver mines in the world in terms of silver extraction via primary mining:

Polkowice-Sieroszowice mine
Peñasquito mine
Dukat mine
Sindesar Khurd mine
Saucito mine
Antamina mine
San Julian mine
Fresnillo mine
Cannington mine
Green Creek mine
END QUOTE

[link to abcdust.net (secure)]

it aint' gonna happen.
jp morgan says so.

here is some crazy old 50s music though.

JP Morgan is not in control of the means of production in this case, mines. Nor, the laws of Mexico....
"noice"
song though!

Last Edited by Piece of Gossip on 05/01/2023 11:09 PM

Likey mostly true, what’s different this time is we will be dealing with the globalist who want everyone dead. They are the ones that orchestrated that injection of 70% of the earth with a kill shot just before the economic crash. What’s silvers value where there are only 2 billion people left alive? Will they really go back to chunks of silver that people carry? The globalist will not. They may keep all the PM’s but the general public will have electronic credits tied to a social credit score. You won’t live well outside of their system.