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  #1  
Old 5th October 2008, 22:32
webmaster webmaster is offline
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Post 50 Lies About Silver

Subject:50 Lies About Silver
By: Jason Hommel, Silver Stock Report

Overview: Over 100 years ago, nations began stopping using silver as money, creating excess, cheap, silver. That trend ended between 1964, the last year the U.S. minted silver coinage, and around 2000, when the U.S. government ran out of silver. A new trend started around 1945, as silver was used in electronics and 10,000 other industrial uses, including photography. Of the 43 billion oz. of silver mined throughout human history, over half has been consumed and lost, and 95% of the rest is in forms inconvenient to recover, such as jewelry and tableware. Of the 1 billion ounces of silver remaining, most is held by long term investors, leaving nothing left for new investors, as industry continues to consume more than is mined each year. The long term price trend will now reverse, as people discover that silver has use as money, as silver will now prove to be an excellent store of value, and later, as a medium of exchange.

Link: http://news.silverseek.com/GoldIsMoney/1223346766.php
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  #2  
Old 6th October 2008, 18:20
silverbuggy silverbuggy is offline
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fact is: Silver is down while Gold is up more than 30 DOLLARS today! Now let me ask you Mr. Hommel, which would have been the better investment a couple of days ago?
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  #3  
Old 6th October 2008, 18:36
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hiyosilver hiyosilver is offline
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The question is what would be the best investment now...Then or now, fundamentally silver is still the better investment....unless you're a child crying, "WAAAAAAA, I want it now!"
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Last edited by hiyosilver : 6th October 2008 at 18:39.
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  #4  
Old 7th October 2008, 01:51
Renegade Renegade is offline
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Hommel is still an idiot,,,,,,,,,,,
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  #5  
Old 7th October 2008, 17:08
JesterJay JesterJay is offline
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Default From the expert on the subject...

Takes one...
JesterJay
PS Yeah, I know. I'm in trouble now. Just being humorous.


Quote:
Originally Posted by Renegade View Post
Hommel is still an idiot,,,,,,,,,,,
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  #6  
Old 7th October 2008, 17:27
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Silver may not be a great investment, but I still think it to be fine insurance.

If you bought silver as an investment, (*snicker*) you may have made a tiny mistake.

I hear there are plenty of cheap financial stocks available for purchase... maybe you could have a go at those. Let us know how that turns out for ya.
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