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Jim Cook

 

RUNAWAY SOCIAL SYMPATHY

Every once in a while I switch the TV channel from Fox to CNBC to see what the liberals are saying.  After listening awhile I get a deep sense of hopelessness and foreboding for our country.  The most important thing for the left is giving money to people.  They are happy to see the growth of food stamps, disability payments, housing subsidies, free healthcare and all the other welfare benefits.  They utterly fail to see the damage it is doing to the recipients.  Whole cities that once flourished have deteriorated into rotting eyesores populated with shambling hulks of chemically dependent drones.  These people are no longer employable.  They have become incompetent and helpless and the liberals can’t see that it’s their doing.

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Industrial Panic

By Theodore Butler

World inventory will continue to shrink until the price increases dramatically. It will be a big silver user, or group of users, who will panic and send the price soaring. Remember, Ford Motor Company and their disaster in stockpiling palladium. Ford panicked when palladium went into shortage, bought inventories which caused the price to soar, then lost big when the price collapsed. My point is that the silver users will panic when the silver shortage becomes apparent. As Ford said at the time, “What people were doing was protecting against a lack of material that would put us out of production.”

Only when the shortage scares them will they attempt to build silver inventories. Then they will do anything to keep their production lines rolling. The users drove palladium, at its peak, up to $1,100 oz. from $60 ten years earlier, or almost 20 times, to keep those production lines running. You do the math – what’s 20 times the price of silver? Big investors and big users can’t buy real silver in size, and the latter are sure to panic, because they collectively hold maybe a week’s worth of silver inventory. This isn’t rocket science. This is a way for the little guy to make a big profit. It’s simple. Buy real silver, put it away and forget about it until commentators won’t stop talking about it on the evening news. This coming silver event has been 60 years in the making. It’s going to be big news. Put silver to work for you and don’t miss out on this mind-boggling story.