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#1
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Subject:Silver; Past, Present, Future - Phoenix Silver Summit Speech
By: Theodore Butler Overview: It is this simple fact, that the relative price of silver compared to gold is so distorted, relative the their respective quantities in existence, that is all anyone needs to know to buy silver. This is not a knock on gold. I will stipulate to and accept as true every bullish argument that anyone could make on gold. You could spend hours or days lecturing me on all the good things that gold has going for it, and I will accept them without dissent. When you are done giving all the bullish gold arguments, I would just add two things. One, all those arguments apply to silver as well, and two, there is less silver than gold. Link: http://news.silverseek.com/TedButler/1235407708.php |
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#2
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I intend to file a request under the Freedom of Information Act to find out how the investigation is going and what they are doing.
I welcome you all to join me, and do the same. It won't matter what the reply is, what WILL matter is that we all want to know what is going on. If they lie to us they can kiss their jobs goodbye when we learn the truth. If it took 700 of us writing and complaining to get this investigation going, it may take 700 of us to keep it going and get some answers. Great Speech Ted! |
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#3
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Quote:
His second last sentence was the show stopper, the eye popper. |
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#4
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Would have been interesting to read some of the Q&A that came afterward.
__________________
Silver: Atomic number 47; chemical symbol Ag. Derived from the latin word Argentum, which means "white and shining". "When you got metal, all the world is a movie" Argentum, 3/09 |
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#5
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About a month ago Ted suggested we write our elected representatives regarding silver manipulation which I did. I wrote both Illinois Senators and the Representative from my area. To date none of them have replied. Have others out there written their elected officials yet? If so have you heard anything? Incidentally, I'm not surprised I haven't heard from our new Senator, Roland Burris, he wasn't elected to anything, having been appointed by our disgraced former Governor, Rod Blagojevich. Now he's fighting for his political life so I don't think he will answer any letter about silver manipulation. I would hope the others would reply and I don't think we should let up on our elected representatives.
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#6
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The problem is that these rapidly escalating higher prices are very unlikley to ever happen becasue the silver market is so manipulated and the large annual industrial supply deficits no longer exist. |
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#7
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It was the 5-to-1 ratio of remaining gold-to-silver that first brought silver to my attention. Plus the fact that it's used much more in industry, it just seemed like a can't-lose long-term investment. It was primarily Ted Butler and David Morgan's writings that won me over.
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#8
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What evidence do you have that large annual industrial supply deficits no longer exist, and do you prefer gold?
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#9
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Just go to investmentrarites.com and read an article Ted wrote last February on the disappearance of the industrial silver deficits. |
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#10
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Silver is far from a can't lose investment. I wish I knew that seven and half years ago. Silver went from 4.50 in the summer of 2003 up to 15.30 in May 2006. Now it's fourteen. What happened ? |
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