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January 12, 2018 | Some Shocking Facts about Silver/Gold!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

I could buy up all the silver on our planet (the above ground silver) for around $50 billion dollars. There are only some 3 billion ounces of silver on our planet. This means that if we get a normal demand for silver coins and bars from investors, this commodity will explode in price. Our corrupt financial elites recognize this and this is why they suppress the silver price daily.

 

Silver is suppressed on our electronic futures markets via buying futures contracts and settling these contracts in digital cash…not in the physical metal. We call the purchasing of these contracts ‘naked’ short contracts to suppress the digital spot price. It is obvious that this price suppression scheme comes from our corrupt policymakers at our Treasury and our Fed. But can they continue this price suppression scheme indefinitely?

 

My sense is that this price suppression scheme will come to an end when sufficient big money players get into this physical silver market. This is likely to happen in 2018. I sense that all these crypto investors will soon desire to invest in something physical and with the silver price so suppressed (now less than $18/ounce) this demand will emerge soon. When this happens in spades is when our elites who are suppressing this spot price will fail in their endeavor.

 

The situation with gold is similar. I could buy all the gold on our planet for some $10 trillion. There are only some 1 billion ounces of official gold supply and some 5 billion ounces of private gold supply. With the gold price at $1300 or so, this means that I could buy up every ounce (of the official supply) for less than $2 trillion. Today, we have many billionaires who might desire some of this official supply. This means that the price could explode upward if this demand is actualized.

 

At some point in 2018, I do expect that investors will dump their virtual currencies and choose to acquire some item which has had historical significance. Silver and gold will never become money again (this is certain), but these metals can serve as a temporary ‘store of value’ during the coming big transition. The key words are ‘temporary’ STORE OF VALUE. Virtual monies are mostly worthless (as a ‘store of value’) during a collapsing financial event. So there is still a coming DAY for our precious metals to flourish.

 

Think for yourself on all this. Money is a corruption which will continue until it ends. Today, everyone is clamoring for virtual currencies (which are essentially an ‘illusion’ within our mind). As investors wake-up to reality, silver and gold coins will have their day. All this could start in 2018. Reality does prevail eventually. Watch the markets for signs that investors desire to dump their virtual money. This will give us the start of this exponential growth in silver/gold (the physical metal). I am: https://kingdomecon.wordpress.com.

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January 12th, 2018

Posted In: Kingdom Economics

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