Why Silver Will Go UP for Years to Come!

1.  No nation on earth is using silver as a circulating medium of exchange.  The State of Utah is leading the way by making it legal tender.

2.  All nations on earth are using paper for money, which is about as wise as building houses out of straw.  The amount of paper money is uncountable, and is constantly soaring to new highs.  The USA stopped reporting the amounts of money in the banks back in 2006, and the banks in 2008 started depositing a lot of their bailout money with the Fed banks, making it even harder to track.  All of that marks the beginning of hyperinflation, which appears to be starting now. 

3.  The Federal annual deficit, which is how much they spent more than they took in, is $1.66 trillion, or $830 billion for the first half of fiscal 2011.  Does that count QEII?  What was not counted in that?  How reliable are the figures?  If the figures are wrong, are the real figures likely to be bigger or smaller, and by how much?


4.  The silver market remains tiny. "World investment rose by an impressive 40 percent last year to 279.3 million troy ounces (Moz), resulting in a net flow into silver of $5.6 billion, almost doubling 2009’s figure."  How reliable are the figures?

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