Beiträge von bullionbulls

    Ich denke, dass ein Großteil des Reichtums nie wirklich existiert hat und viel davon nur reine Spekulation ist. So ist das eben, wenn man Geld x-mal verleihen kann und Niemand dieses System hinterfragt.



    (Bitte entschuldigen Sie die "Maschine " Übersetzung). Ja, Sie sind richtig, dass viel von dem Bankier-Papier nennen wir "Reichtum" ist illusorisch. Allerdings ist dies die einzige "Reichtum" unserer Gesellschaft besitzen (abgesehen von kleinen Mengen an Goldbarren) - und fast alle hat es unter einer kleinen Gruppe von Menschen konzentriert.



    Yes, you are correct that much of the banker-paper we call "wealth" is illusory. However, this is the only "wealth" our societies possess (apart from tiny amounts of bullion) - and almost all of it has been concentrated among a tiny group of people.

    Income Taxation and Hoarding



    “Hoarding”, the stockpiling of particular items due to a perception of future shortages or exceptional needs, has become an important topic among economists these days. With U.S. hyperinflation looming, we not only have anecdotal reports of individuals stockpiling essential items (along with acquiring “physical” bullion), but we see commodity prices soaring. This is not due to current demand, but rather many nations (led by China) are stockpiling vital resources, knowing that the reckless money-printing of Western bankers (and governments) guarantees an inflation-spiral ahead.


    We know that Western governments (especially the U.S. government) are extremely fearful of this commodities hoarding, not because they are willing to do anything to put the brakes on their out-of-control money-printing, but because they have already taken clear aim at “speculators”.


    Supposedly, it is these speculators (accumulating commodities) who are to blame for inflationary pressures. This is a typical reaction of our corrupt and incompetent Western “leaders”. They create a problem, and then instead of taking responsibility for their failures, they blame people who are reacting to that problem in a sensible manner – who see higher prices coming, and so they are buying goods at lower prices. How is that in any way an ‘evil’ that needs to be prevented?


    In fact, it is not. I devoted an entire commentary to pointing how it is excessive “shorting” in markets which causes much, much more economic harm than “speculators” who engage in “hoarding”. In fact, in many cases hoarding is a “virtuous” form of behavior, which helps to conserve precious stockpiles. I urge readers to review that commentary, so that they are clear in their own minds that it is the manipulative “shorts”, and the reckless money-printers whose conduct needs to be arrested (in more ways than one)...


    full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132


    Deutsche:


    Einkommensbesteuerung und Horten


    ...Letztlich sind alle Leser mit einer sehr einfachen Wahl konfrontiert. Die Tatsache, dass unsere Volkswirtschaften am Rande des Kollaps in Konkurs sind, ist unstrittig. Headline Überschrift nach über unsere "Schuldenkrisen" bestätigt, dass. Somit bleiben zwei Möglichkeiten: entweder alle den Reichtum der reichsten Volkswirtschaften in der Geschichte hat einfach verdampft, oder es ist alles von ultra-reichen Geizhälse gehortet.


    volle kommentar: http://translate.google.com/tr…commentary%26Itemid%3D132


    [quote='bullionbulls','index.php?page=Thread&postID=626432#post626432']Oil and U.S. Hyperinflation
    (...)



    Argus, "suicide" is always an act that makes no sense to others. In the case of the U.S., the big-banks and big-oil companies who OWN the U.S. government care nothing about the future. All they want to do is to continue their economic raping and pillaging for as long as possible. This is why NOTHING is being done about ANY of the structural problems in the U.S. economy.


    It is a "lemming economy" in any and every sense of the word.

    Oil and U.S. Hyperinflation



    As precious metals investors, it can often seem to us that the U.S. government (and the banking cabal which pulls its strings) is exclusively focused on suppressing gold and silver prices – given the historic role of precious metals as a “barometer” of economic conditions, especially inflation. However, there is a different commodity that this group obsesses about to a far greater degree than precious metals: oil.


    The United State’s enormous dependency on imported oil translates directly to enormous economic vulnerability. Indeed, U.S. paranoia about “securing” oil supplies for itself has been the driving force behind most (if not all) of the wars it has instigated in the Middle East.


    The U.S. dependence on petroleum goes well beyond simply the massive amounts that is spent each year by the U.S. to satisfy its oil-gluttony. Cheap oil is the essential input needed to operate the “levers” of U.S. military/economic imperialism, as well as the foundation upon which the entire U.S. domestic economy is built...


    full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132


    Deutsche:


    Öl-und US-Hyperinflation


    ...Jahrzehntelange dieser völlig selbstmörderische Politik hat die USA mit den folgenden Problemen verlassen. Amerikaner besitzen Millionen von veralteten Spritfressern - für die sie noch machen Mrd. US $ bei den Zahlungen. Sie leben in riesigen Häusern nicht mehr zu heizen kann es sich leisten, sich so weit von Arbeitsvermittlungszentren, dass sie nicht leisten können, fahren zur Arbeit. Unterdessen ebenso kurzsichtig Stadtplaner nie die Mühe gemacht, sich auf einen erheblichen Investitionen in Nah-einschiffen.


    Selbst wenn die USA das Geld zu beginnen, 21. Jahrhundert Nahverkehr für seine Städte (die es nicht), diese langfristigen Infrastrukturvorhaben würde mindestens ein Jahrzehnt, bevor sie eine erhebliche Delle im US-Ölverbrauch nehmen zu schaffen hatte. Die USA haben kein Geld, kein Öl, und keine Optionen...


    volle kommentar: http://translate.google.com/tr…commentary%26Itemid%3D132

    What’s Next For Silver?


    ...As I observed in that earlier commentary, this recent spike by silver duplicates a chart-pattern which had already had two previous cycles. After both of those sharp spikes, silver suffered wicked sell-offs, thus those following that previous analysis may now be worried that history is about to repeat.


    There are two very good reasons why silver bulls should have no fears of the previous pattern continuing to play-out. To begin with, the last crash in silver – which began at the end of the summer of 2008 – was by no means a “natural” reaction of the market to the spike in the price of silver. Rather, as I have written often before, the “Crash of ‘08” was a Wall Street/U.S. government “joint effort”.


    Wall Street was desperate to hide the fact that it, and it alone was “going down” with the crash in the U.S. housing sector, and overall economy. Meanwhile, the U.S. government had its own motive for engineering a commodities crash: postponing hyperinflation. Had that massive manipulation/intervention not taken place, there would have been no “crash” in the price of silver – despite the sharp run-up....


    full commentary: http://www.bullionbullscanada.…ver-commentary&Itemid=130


    Edel Man, I agree that in NORMAL conditions that real interest rates are an important fundamental for the gold market. However, circumstances are so far from "normal" that I do not think this measurement is of any use at the present time.


    Gold is a wonderful investment today for many reasons which have nothing to do with interest rates. Conversely, if U.S. interest rates soared to the same level as those of Greece, the extra interest payments on U.S. debts would set off hyperinflation in a matter of months.


    Interest rates would be high, but gold would be an even BETTER investment in those circumstances. My suggestion to everyone here is to abandon all metrics and comparisons which have to do with PREVIOUS patterns. Today's events are totally unprecedented, and "yesterday's clues" are of no use to us.

    The Perils of the Bond Market



    There can be no greater travesty of “reporting” by the mainstream media than their failure to warn investors of the horrifying risks which accompany any investments in the bond market today. It is a greater failure than when they failed to warn investors adequately about the NASDAQ tech-bubble, and a greater failure than when they failed to warn investors about the massive U.S. housing bubble (and Wall Street Ponzi-schemes associated with that bubble).


    There are two reasons why this failure outweighs even those previous episodes of catastrophic myopia. First of all, the global bond market is much larger than either the NASDAQ, or the U.S. housing market (even at their bubble-peaks) – thanks to the mountains of sovereign debt which the bankers have seduced our “leaders” into creating. Secondly, unlike those suckers in the tech-bubble or the U.S. housing market at those bubble-peaks, the chumps in today’s bond market have no possible up-side to their investment.


    It’s one thing to be foolish enough to “invest” in a market at the peak of one of history’s greatest asset-bubbles. However, it requires a quantum-leap in stupidity to buy into one of history’s greatest bubbles when the only, possible direction in which that investment can go is down...


    full commentary: http://www.bullionbullscanada.…old-commentary&Itemid=131


    Deutsche:


    Die Gefahren der Bond Market

    ...Seit unserer modernen Investmentmärkte materialisiert haben Anleihen an Investoren wie die ultimative "sichere Investition" verkauft. Klar, in der heutigen Welt verrückt manipulierter Zinsen und drohende Schulden in Verzug, das Wort "sicher" muss mit dem Wort "selbstmörderisch" ersetzt werden.


    Edelmetalle Investoren haben bereits diese Schlussfolgerung, und zog in die nur "sicherer Hafen" mit einer makellosen Track Record über fast 5.000 Jahre. Rational Anleger sollten halten Edelmetalle - und nur Edelmetalle - wie ihre sicheren Hafen, oder "Versicherung" auf ihre finanzielle Gesundheit...


    volle kommentar: http://translate.google.com/tr…commentary%26Itemid%3D131

    Western Economic Foundations Rotten To The Core


    ...While many “emerging market” economies have completely recovered from the Crash of ’08, and are now once again steaming forward with budget surpluses, Canada continues to spiral downward. The new Conservative Prime Minister, Stephen Harper, has smashed the Mulroney records for deficits – after scoffing at the mere “possibility” of a deficit little more than two years ago.


    Canada’s huge trade surplus is also gone – replaced with deficits. Canada’s large current account surplus is also gone – replaced with record deficits. Despite sitting on one of the two or three largest pools of precious, natural resources on the planet (most notably oil), this fiscally retarded regime has absolutely no clue as to how to restore the economic prosperity that Canadians took for granted less than three years ago. And this is the best of the Western economies…or at least it was.


    While Germany may lay claim (at the moment) to being the “best of the rest”, it faces its own self-inflicted doom. Despite a lot of “tough talk” (and its role as “economic leader” of the EU), the Merkel government has shown itself to be incapable of “holding the line” on fiscal responsibility in Europe – under the enormous pressure of the banking Oligarchs (and the ultra-wealthy bond-holders they represent).


    Much like Canada is being dragged-down by its close connection to the dying U.S. economy, Germany is also in danger of floundering, due to the drowning “PIIGS”. Yet there is a common theme here, from the struggling economies at the “top” (Canada and Germany) to the worst of the debt-sinners at the bottom (the U.S. and the PIIGS): the lack of the will to even admit the severity of current problems...


    full commentary: http://www.bullionbullscanada.…old-commentary&Itemid=131

    ‘Shock and Awe’ in Precious Metals


    Earlier this month, precious metals investors witnessed arguably the most concerted take-down of the precious metals sector since the Crash of ’08. First, investors were lathered-up into a mania, after World Bank head Robert Zoellick planted a piece in the Financial Times where he feigned interest in having a gold standard re-instituted.


    Then the ambush took place.


    This time, China was clearly participating as the ‘tag-team’ partner of the U.S. government. It began by raising reserve requirements for its banks – a move always seen as restraining the growth of an economy (and reducing commodities demand). Then the Chinese government leaked word that it was “planning interest rate increases” (even more bearish for commodities), all within the span of a couple of days.


    What launched the “ambush”, however, was the utterly unprecedented move by the CME Group (owner of the Comex exchange) to radically increase margin requirements for silver halfway through a trading session. Clearly, the intent was to get precious metals investors as over-extended as possible – and then to “drop the hammer” on them at literally the best (i.e. most-damaging) moment.


    This was immediately followed by yet another increase in bank reserves by China’s government, mere days after the previous reserve-increase was announced. With the U.S. having already taken radical action to curb commodities markets, it is simply not plausible that the Chinese government suddenly decided that further tightening was necessary. Instead, this was a move purely intended to generate more downside momentum in commodities by China, the world’s largest consumer of those commodities (including precious metals). And when those moves still did not generate the downward momentum desired by these market-manipulators, the CME Group announced yet another reduction of “margin” – this time for both gold and silver.


    In previous years, a premeditated, orchestrated take-down of precious metals of this magnitude would derail the market for many weeks, if not months. However, that era is over...


    full commentary: http://www.bullionbullscanada.…ver-commentary&Itemid=130

    Copper: the NEW ‘Poor Man’s Gold’



    Silver bulls are very familiar with the somewhat facetious label attached to silver: that it is a “poor man’s gold”. However, as investors to the silver sector have increasingly come to realize, with silver inventories plummeting while silver’s importance to our modern economy continues to grow, silver doesn’t have to take a “back seat” to any other metal. Meanwhile, the price for a different, semi-precious metal is surging higher, while inventories for it are in steady decline: copper.


    Since the commodities Crash of ’08, I have generally avoided all base metals miners in my portfolio – focusing exclusively on precious metals miners, as it was clear that this sector was going to bounce-back well ahead of any other. However, I certainly never abandoned my general enthusiasm for commodities.


    We are currently in the early stages of the largest growth-boom in the history of our species. Previously, the next greatest, protracted episode of economic growth was the rebuilding of Europe following World War II. That economic expansion fueled the global economy for decades, before these mature economies began to substitute credit-induced “bubbles” for real economic growth.


    This is not the situation in Asia, nor in many other emerging/developing economies. Here we see a similar episode of rapid, concentrated expansion – except that it is involving ten times as many people as the post-World War II economic boom. As billions of people in (previously) poorer economies begin to urbanize, their standard of living is quickly moving toward the middle-class affluence which Western economies used to take for granted...


    full commentary: http://www.bullionbullscanada.…nal-commentary&Itemid=133


    Deutsche:


    Kupfer: Die neue "Poor Man's Gold"


    ...Diese erhöhte "Anstrengung" zu mir diese Mineralien direkt übersetzt in viel größeren Energiebedarf. Mit anderen Worten, wird es noch viele weitere Barrel Öl um eine Tonne raffiniertes Kupfer als auch nur ein einziges Jahrzehnt zuvor produzieren. So wie Rohstoffproduktion schwieriger wird, wird es auch noch mehr energieintensiv.


    Auch heute, in den meisten Minen Energie ist die # 2 Herstellungskosten, nur hinter Arbeit. Dies lässt uns in einem Szenario, in dem als Öl wird immer knapper schnell, wir viel mehr davon brauchen, um jede Einheit von Rohstoffen für diese massive, globale Expansion zu erzielen...


    volle kommentar: http://translate.google.com/tr…commentary%26Itemid%3D133

    Germany Caves-In To Bond-Holders



    Less than two weeks ago, I wrote that Europe faced a clear, simple choice: “benign default” or hyperinflation. By “benign default”, I am referring to imposing a “hair cut” on bond-holders – much like creditors always take a loss in any structured bankruptcy settlement.


    At that time, German Chancellor Angela Merkel had drawn “a line in the sand”, stating firmly that in any future “bail-out scenarios” that bond-holders would be expected to make concessions. In the words of Bundesbank chief Axel Weber, bond-holders had to be “part of the solution, not part of the problem.”


    A scant few days later, all those brave words of fiscal sanity have been cast aside. In the latest EU “rescue” (this time of Ireland), Merkel backed-down from bond-holders – and in doing so has sealed the fate of the EU.


    Politicians can no more change the rules of arithmetic than they can repeal the Law of Gravity. The arithmetic is clear: with U.S. economic terrorists pushing up Euro interest rates in all of their most debt-laden economies (to more than double their previous levels), it is mathematically impossible for these nations to fix their massive, fiscal catastrophes through “austerity” alone.


    Western economies have all already been hollowed-out, primarily via income taxation, which is nothing but an economic device to funnel all of a society’s wealth out of the middle-class, and into the hands of the ultra-wealthy. Expecting the financially-drained middle classes in these nations to “tighten” their belts in order to pay for the fiscal incompetence of their politicians and the reckless greed of bond-holders is nothing less than insanity...


    full commentary: http://www.bullionbullscanada.…nal-commentary&Itemid=133

    Proving Banker Fraud



    Whenever the subject of white-collar crime comes up (irrespective of what particular offense is referred to), we are subjected to the same media drivel – from the pseudo-experts they dredge-up for their propaganda: “it’s very hard to prove white collar crime”.


    This is simply a myth.


    To explain this, I need to explain to people what “proof” is, since it is a concept that very few people understand. Generally speaking, “absolute proof” is something which is usually only found in mathematics and some science. Once we venture into the real world, absolute proof is very difficult to come by.


    This reality is of tremendous importance in our legal systems, since it forces us to make an explicit choice: we can seek absolute proof in our criminal and civil trials (in which case many people who break the rules of our society will certainly go unpunished) or we can accept some lesser standard for “justice” – which guarantees that a significant number of innocent people will be unjustly punished...


    full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

    Wall Street Playing ‘Chicken’ With U.S. Government



    Most readers are familiar with recent revelations concerning the epidemic of U.S. foreclosure-fraud, perpetrated almost entirely by the “too big to fail” Wall Street fraud-factories. All of the big banks which actually “service” these mortgages were caught attempting to ram-through 100’s of thousands of fraudulent foreclosures.


    The ramifications are gigantic. Even if we accept the euphemism used by the mainstream media that these mortgages (and foreclosures) were merely “defective”, this alone creates the legal mandate that the Wall Street banks who “securitized” these mortgages must buy back $100’s of billions in these fraud-ridden securities – and perhaps as much as $2 trillion.


    So what were Wall Street banks also busy doing in the 3rd quarter? They slashed their “loan-loss reserves” to their lowest level since before the assassination of Lehman Brothers, the collapse of the U.S. financial sector, and the $15 trillion (or so) in U.S. government hand-outs, guarantees, 0% “loans” (i.e. more hand-outs), and tax-breaks (i.e. even more hand-outs).


    Like the true “deadbeats” that they are, Wall Street banks have made their strategy for dealing with the exposure of their mortgage/foreclosure fraud very clear. When the holders of this $2 trillion in mortgage-securitization feces assert their contractual rights – and demand that Wall Street take back their scam-products – these “leaders” of the U.S. financial sector will go running to their government sugar-daddies and whine that “we don’t have any money”...


    full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

    A Conservative Silver Forecast


    About a month ago, I wrote a two-part commentary looking at the long-term “price targets” for gold and silver, and how those numbers tended to lose meaning because in the hyperinflation scenarios envisioned for the future (where paper currencies go to zero) the value of any hard asset correspondingly moves to infinity.


    The purpose of that piece was not so much to see how many “zeros” I could attach to gold and/or silver, but to remind people that since we can’t “understand” hyperinflation that we were likely “under-preparing” for such a scenario. While we have very good reasons for looking at such the-sky-is-the-limit price-targets, as prudent investors it’s also essential to engage in more conservative forecasting. It is only by looking at both upper and lower parameters that we can make optimal decisions as investors.


    The purpose of this commentary is to provide that “lower parameter”, to guide us in answering two questions: how aggressively should we be buying (in particular) silver over the short-term, and (over the longer term) how much silver can we/should we accumulate?...


    full commentary: http://www.bullionbullscanada.…ver-commentary&Itemid=130


    Deutsche:


    Eine konservative Prognose Silber


    ...Mit Hilfe dieser Ebene der Kursgewinn für Gold, und halten unsere konservative 50:1 Preis-Leistungsverhältnis, wir kommen mit unserem "konservative Prognose" für den Preis von Silber: dass wir erwarten, dass der Preis von mindestens $ voraus 10/ounce pro Jahr . Während die neu in der Branche oder mit sehr pessimistischen Einschätzung der Silber-Markt kann bestreiten, dass diese Zahl eine konservative Prognose darstellt, sicherlich die meisten der Silber-Bullen, die in diesem Markt ausgesehen haben eng kann dieser Preis-Progression für äußerst konservativ .


    Speziell für den Preis von Silber nur einen Vorschuss von $ 10 pro Jahr zurückhaltend zu sein, müssten wir eine Reihe von pessimistischen Annahmen über den Silbermarkt zu machen:...


    volle kommentar: http://translate.google.com/tr…commentary%26Itemid%3D130

    Eurozone Debt-Dilemma: ‘Benign Default’ or Hyperinflation


    It was nearly one year ago when Wall Street began its terrorist attacks on the debt-markets of European nations, which was dubbed by the U.S. propaganda-machine the “Euro debt crisis”. While Wall Street piled-into the credit default swap markets, and made enormous bets against the solvency of various Euro economies, the propaganda-machine began nine months of around-the-clock fear mongering – designed to create the largest crisis-of-confidence possible.


    The reason for this is that interest rates rise in tandem with fear, and every percentage-point which interest rates rose made these nations less-solvent and made Wall Street’s economic terrorism that much more profitable, via those credit default swaps.


    Let’s be clear that there is a long-term Eurozone debt-crisis, as the solvency of many of these nations (notably the “PIIGS”) is seriously at issue. However, the short-term “crisis” was entirely made-in-the-USA, with “crises” now being one of the leading U.S. exports.


    At the time, I put these matters into perspective by noting that any rational viewing of the fundamentals revealed the U.S. economy was experiencing a far worse debt-crisis than the worst of the Eurozone debt-sinners: Greece...


    full commentary: http://www.bullionbullscanada.…nal-commentary&Itemid=133

    U.S. Launches New Wave of Economic Terrorism


    When Ben Bernanke announced more money-printing with his $600 billion in “quantitative easing”, it highlighted two of the the many, enormous economic lies perpetuated by the U.S. government. First, it officially put to rest the idiotic fiction that the Federal Reserve had an “exit strategy” (other than simply more and more money-printing until the U.S. economy collapses).


    The second lie that was exposed was the supposed, eternal commitment of the U.S. to a “strong dollar”. Understand that in Bernanke’s own words, more “QE” was necessary to “increase inflation”, and increasing inflation is identical to weakening the U.S. dollar, being merely the other side of the same “coin”.


    With those illusions ripped-away from the legions of market-chumps who continued to believe in U.S. propaganda, the U.S. dollar began another nose-dive. And within days of that collapse beginning, the U.S. propaganda-machine (with a helping hand from the UK) began another wave of Euro fear-mongering – in what is clearly “déjà vu all over again” (see “U.S. Economic Terrorism: The New Winning Trade”)...


    full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

    Foreclosure-Fraud Fight: Feds vs. States

    ...Spencer Bachus, the Republican’s #1 banker-shill, is (naturally) the media favorite to become the Chairman of the House Financial Services Committee: the branch of Congress with the most important and direct role in “regulating” Wall Street and the rest of the U.S. financial sector. Bachus, has leapt in front of media microphones at every opportunity – to show that he can kiss banker-ass even better than the Democrat’s banker stalwarts: Chris Dodd and Barney Frank.


    Bachus’ latest attempt to ingratiate himself with Wall Street is to put all the blame for foreclosure-fraud on U.S. regulators. As is usual for U.S. politicians, Bachus is depending on the gnat-like memories of the American voter. In fact, the vast majority of housing sector fraud was built into the system during the eight years of the Bush reign-of-error – it’s only become visible since the Obama regime took power.


    Thus what Bachus’ position amounts to is blaming the entire mortgage-fraud catastrophe on Republicans – for their failure to adequately regulate Wall Street – while his “solution” to the current catastrophe is to do nothing. Even for a Republican, this is an unusually high level of hypocrisy, self-contradiction, and simple idiocy...


    full commentary: http://www.bullionbullscanada.…:us-commentary&Itemid=132

    China Helps Out The Bankers


    ...With China first raising bank-reserve requirements, and now with the government clearly “leaking” rumors of another increase in China’s interest rates, we can see that China and Wall Street (i.e. the U.S. government) have reached a “deal”.


    To understand this deal requires revisiting the Wall Street engineered “Crash of ‘08”. There were two (and only) two sets of “winners” in that previous event. The short-term winners were the banksters, who with various forms of blackmail, fraud, and theft managed to avoid having to declare their own, obvious bankruptcy.


    The long-term winner from the Crash of ’08 was China...


    full commentary: http://www.bullionbullscanada.…nal-commentary&Itemid=133


    Deutsche:

    China hilft Out The Bankers


    ...Die einzige verbleibende Frage ist, wie lange dauert China in diesem Hinterhalt Teilnahme entscheiden? Offensichtlich ist der Moment, in China stoppt Beihilfe Wall Street Waren Manipulation, dann werden diese Märkte sofort umkehren höher. Die besten "Spurensuche", um dieses Szenario dürfte durch zuschauen Chinas Maßnahmen im Rohstoffmärkten gefunden werden...


    volle kommantar: http://translate.google.com/tr…commentary%26Itemid%3D133


    I agree with this member that a 10:1 silver/gold price ratio is a very realistic long-term target. Not only is the very long-term ratio approximately 15:1 (over a period of 5,000 years), but understand that roughly 90% of the above-ground silver has been "consumed".


    This makes the 15:1 ratio a "floor" not a "ceiling" for silver.



    Ich stimme mit diesem Mitglied, dass ein 10:1 Silber / Gold-Preis-Verhältnis eine sehr realistische langfristige Ziel ist. Nicht nur die sehr langfristige Verhältnis etwa 15:1 (über einen Zeitraum von 5.000 Jahren), aber verstehen, dass rund 90% der oberirdischen Silber wurde "verbraucht".


    Dies macht die Übersetzung 15:1 eine "Etage" keine "Obergrenze" für Silber.