Since starting writting this blog in November 2009I have watched silver prices slowly climb. Today it reached $23.32 (up a further 12c).
The sale of American Silver Eagles is also climbing!
My message as ever is simple:
Since starting writting this blog in November 2009I have watched silver prices slowly climb. Today it reached $23.32 (up a further 12c).
The sale of American Silver Eagles is also climbing!
My message as ever is simple:
US Stocks – Short term trend remains down hard. The next down-draft is expected to be sharp with the Dow falling several thousand points. Downside potential remains historic. Long term trend down though mid 2016. This phase down in stocks will be larger than the 2007 – 2009 decline. It has already started and the public is clueless. I expect ALL world stock markets to fall. US Dollar – Short and Intermediate term US Dollar trends have turned up. This rally could last several weeks or many months. Long term trend down, as is the case of all unbacked paper currencies since the beginning of history. Interest Rates – Have put in or will soon put in a major bottom. The bond market is currently the biggest bubble about to (slowly) burst.
Precious Metals – Short term trend up. That could change. Long term trend is up. At some point in the future I believe that paper currencies will have to convert to some type of precious metals backing. Or people may just lose faith in paper money .We want to be in silver BEFORE that happens. Interest in silver continues to grow as evidenced by the record breaking Silver Eagle sales and of course the fact prices have been rising. Real Estate – Down. The Economy – Down. Deflation will accelerate. Unemployment should ultimately double before this deflation ends. The largest measure of money supply in the US, M3, is contracting at a rate that is only comparable to the Great Depression (see http://news.goldseek.com/PeterCooper/1275321600.php )
FIND OUT MORE INFORMATION BY CLICKING HERE
US Stocks – Short term trend remains down. The next down-draft is expected to be sharp with the Dow falling several thousand points. Downside potential remains historic. Long term trend down though mid 2016. This phase down in stocks will be larger than the 2007 – 2009 decline. It has already started and the public is clueless. I expect ALL world stock markets to fall.
US Dollar - Short term prices are approaching a low. Intermediate term US Dollar trend remains up. This rally could last another year or so. Long term trend down, as is the case of all unbacked paper currencies since the beginning of history.
Interest Rates – Short term rates down but near a low. Long term trend remains up but interest rates may stay in a low range for months, maybe years.
Precious Metals – Short term trend is turning back down or will after one more push up to its recent highs. Long term trend is up. At some point in the future I believe that paper currencies will have to convert to some type of precious metals backing. Or people may just lose faith in paper money .We want to be in silver BEFORE that happens. Interest in silver continues to grow as evidenced by the record breaking Silver Eagle sales and of course the fact prices have been rising.
Real Estate – Down.
The Economy – Down. Deflation will accelerate. Unemployment should ultimately double before this deflation ends. The largest measure of money supply in the US, M3, is contracting at a rate that is only comparable to the Great Depression (see http://news.goldseek.com/PeterCooper/1275321600.php )
How You Get Silver
1. Join the SilverSnowball “Coin of the Month” program. It’s an easy convenient way to KNOW you are steadily accumulating real wealth. We ship your Silver Coins to you fast and also give you a free website.
2. Send people to your website. For every two coins purchased at your website YOU get a bonus ONE FULL OUNCE American Eagle Silver Coin. You also get additional bonus American Eagle Silver Coins on every two repeat customer coin orders for as long as you remain a member. We reserve the right to substitute an equivalent value of American Eagle Gold Coins depending on market conditions or shipping weight. Or, if you need cash now you can choose to get paid by check. Create an inflation proof income. If silver goes up you get paid more!
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This Is The Simplest Affiliate Pay Plan On The Planet
Earn 1 for every 2That’s Right! For every two orders generated by YOUR website YOU get a bonus ONE FULL OUNCE American Eagle Silver Coin – EVERY MONTH
With 2 Get 1 – With 10 Get 5 – With 100 Get 50
ABSOLUTELY NO LIMITS to what you can earn!
Did you know that silver has increased in price over 300% in the last 5 years? How many affiliate programs do you know of who have given their affiliates a 300% pay increase? And with the US dollar losing value by the day your earnings (just like mine) are really going to stack up!
I was pleasantly surprised heres what I found (via Terapeak.co.uk):
Then I wanted to find out what the Professionals were saying about American Silver Eagles……..
Quoted from The Silver Institute in Washington, DC, from an article in their most recent Silver News quarterly newsletter:
”The United States Mint sold 28,766,000 American Silver Eagle bullion coins in 2009, an all-time record, 46 percent more than 2008 sales of 19,583,000 of the one-ounce coins.
In addition, American Eagle silver bullion sales revenue increased 21.4 percent from $306.4 million in fiscal year 2008 to $372 million in FY 2009, Mint officials noted.
The rise in demand is coming mainly from consumers who see silver as a storehouse of wealth during financially uncertain times, including inflation and a declining US dollar, as well as silver’s growing industrial use as world economies improve.”
. . . and from a news story posted on the NumisMaster.com website on April 8th:
”How many silver American Eagles must the U.S. Mint offer for sale before buyers have enough?Good question. During the first quarter of 2010, the Mint sold a record 9,023,900 of the one-ounce silver coins, but demand still exceeds supply and the Mint is continuing its allocation process among its authorized purchasers to ration the supply. If sales continue at this pace, more than 36 million could be sold by the end of the calendar year. Such a figure would be up sharply from last year’s 28,766,500 coins, which itself was a record number for a calendar year.”
Why Are Silver Sales Soaring? – Casey Research
Here`s how it starts: “The U.S. Mint just reported another record, but this time it wasn’t for gold. The Mint sold more Silver Eagles in March and in the first quarter of the year than ever before. A total of 9,023,500 American Silver Eagles were purchased in Q110, the highest amount since the coin debuted in 1986.
While this is certainly bullish, there’s something potentially more potent developing in the background. Namely, how this matches up with U.S. silver production. Like gold, the U.S. Mint only manufactures Eagles from domestic production. And U.S. mine production for silver is about 40 million ounces. In other words, we just reached the point where virtually all U.S. silver production is going toward the manufacturing of Silver Eagles.”
Find out how you can buy American Silver Eagles and then Earn FREE BONUS Coins!
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Imagine what skills it takes to find this rare precious metal, melt it down and then make a stunning highly collectable American Silver Eagle Dollar coin like this one:
AND the best part is that you can own these for a very small amount of money and you can be given them FREE of charge if you sign up with SilverSnowball
NEWS FLASH!
Don’t know if you heard about the GATA thing and the whistle blower trader in gold and silver or not but here is the link to the interviews that
could very well send silver flying.
If like me you have been following the price of Silver over the last few weeks you will of seen that 1 troy ounce of .999 pure silver is now worth $18.37. This actually means there has been a 29 cent increase since yesterday!
Just imagine if you had 100 troy oz of .999 pure silver GIVEN to you each and every month! How much real physical wealth would you earn over the period of 1 year ?
Well I’m going to let you do the maths because what I want to do here today is show you something that could help you achieve this physical wealth, its a very simple and desirable wealth accumulation program and anyone with the time a patience to build physical wealth must take a look.
If you are in a hurry simply click here: http://www.time2earnxtra.com/SN/AffiliateSilver.htm
Don’t get me wrong, it wont happen overnight, you will have to work, you will have to advertise and you will need to spend money. BUT, once you get established and you make your first few sales you WILL be on your way to creating a substantial income.
There is a huge amount of interest in buying collectable silver coins and with the prices of silver constantly fluctuating now is the perfect time to dip your toes in this stunning opportunity of selling American Silver Eagle Dollar coins from your very own, fully hosted,fully automated website