Sunday, March 3, 2013
Truth About Markets
Jim Sinclair on volatility of $5000 Gold
Keiser Report: Who stole from you? A Robo-banker
From RussiaToday
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the annoying human qualities like hunger, fear, love, lust, desire and need that get in the way of maximum GDP growth. Replacing humans with non-suicidal robots would get rid of environmental concerns as well as all these GDP busing pesky human problems like hunger and fear, but would the courts be even able to look at the algorithm of should the robot turn killer? They also discuss a robo-pope as the first truly infallible one. In the second half of the show, Max Keiser talks to author, comedian and gold bug, Dominic Frisby, about death crosses and gold prices and about the independent currencies whether the Keiser dollar, the Frisby pound or bitcoin.
Saturday, March 2, 2013
Silver – Visualized in Bullion Bars
From Demonocracy.info:
This infographic shows all the Silver ever mined throughout history.
Silver price is currently hovering around $30 / troy oz.
When Silver price hits $31.10 / troy oz each gram of Silver will be exactly $1.
Silver is usually measured in Troy Ounces. A Troy Ounce is about 1.09 regular Ounces.
Silver – Size Chart
This is a chart of standard Silver bullion size comparison.
The silver bars are measured by Silver volume & weight of
10.49 g/cm−3 in typical Silver Bar Dimensions.
1 Ton of Silver = $1 Million @ $31.10 / Troy oz
Silver price is hovering around $30/ troy oz, once Silver hits $31.10 / troy oz, Silver will cost exactly $1/gram, at that point the 1 Ton of Silver displayed above will be worth exactly $1 Million Dollars
Silver is not purposely mined, 80% of new Silver production is a by-product of Gold or Copper mining, this is due to Silver’s recent low value compared to other metals.
Silver has the best electrical conductivity of any element and highest thermal conductivity of any metal.
1 Ton of Silver
10 Tonnes of Silver
100 Tonnes of Silver
1000 Tonnes of Silver
The 1 ton of silver is worth $1 million dollars at $31.10 / troy oz.
While there are significant Silver reserves underground, due to the low prices they are not being mined. Silver has run a 63 year long supply/demand deficit as of year-end 2004, this is mainly
due to Silver getting lost and industrial production demand, including x-rays, photography, mirrors, electrical and electronic products.
This amounts to a deficit of 331.46 Tonnes since 1942. Source
BMG Bullion Fund
Silver ETF ZKB
Canadian Maples Minted
LBMA Estimated stocks
Central Fund of Canada
Estimated Private Bullion
COMEX Warehouses
US Eagles Minted
Silver ETF SLV 156.5 Tonnes
230.0 Tonnes
662.5 Tonnes
2332.7 Tonnes
2339.2 Tonnes
3732.4 Tonnes
3548.9 Tonnes
7477.8 Tonnes
9185.2 Tonnes
All Silver Mined in History – 1,411,475 T
The historical cumulative Gold to Silver production ratio is 1:10.7. Source
The price ratio of Silver to Gold is currently around 1:50.
A thorough analysis of world Silver supply and demand, and the source of the data above can be found here: Article 1, Article 2, Article 3
This infographic shows all the Silver ever mined throughout history.
Silver price is currently hovering around $30 / troy oz.
When Silver price hits $31.10 / troy oz each gram of Silver will be exactly $1.
Silver is usually measured in Troy Ounces. A Troy Ounce is about 1.09 regular Ounces.
Silver – Size Chart
This is a chart of standard Silver bullion size comparison.
The silver bars are measured by Silver volume & weight of
10.49 g/cm−3 in typical Silver Bar Dimensions.
1 Ton of Silver = $1 Million @ $31.10 / Troy oz
Silver price is hovering around $30/ troy oz, once Silver hits $31.10 / troy oz, Silver will cost exactly $1/gram, at that point the 1 Ton of Silver displayed above will be worth exactly $1 Million Dollars
Silver is not purposely mined, 80% of new Silver production is a by-product of Gold or Copper mining, this is due to Silver’s recent low value compared to other metals.
Silver has the best electrical conductivity of any element and highest thermal conductivity of any metal.
1 Ton of Silver
10 Tonnes of Silver
100 Tonnes of Silver
1000 Tonnes of Silver
The 1 ton of silver is worth $1 million dollars at $31.10 / troy oz.
While there are significant Silver reserves underground, due to the low prices they are not being mined. Silver has run a 63 year long supply/demand deficit as of year-end 2004, this is mainly
due to Silver getting lost and industrial production demand, including x-rays, photography, mirrors, electrical and electronic products.
This amounts to a deficit of 331.46 Tonnes since 1942. Source
BMG Bullion Fund
Silver ETF ZKB
Canadian Maples Minted
LBMA Estimated stocks
Central Fund of Canada
Estimated Private Bullion
COMEX Warehouses
US Eagles Minted
Silver ETF SLV 156.5 Tonnes
230.0 Tonnes
662.5 Tonnes
2332.7 Tonnes
2339.2 Tonnes
3732.4 Tonnes
3548.9 Tonnes
7477.8 Tonnes
9185.2 Tonnes
All Silver Mined in History – 1,411,475 T
The historical cumulative Gold to Silver production ratio is 1:10.7. Source
The price ratio of Silver to Gold is currently around 1:50.
A thorough analysis of world Silver supply and demand, and the source of the data above can be found here: Article 1, Article 2, Article 3
Weekend Chillout - Walking Away
It seems the fallout from Britain's rating credit downgrade continues with another plunge in the GBP overnight on weaker manufacturing data. It seems the market's slow walking away from the UK's bonds and currency is turning into a run. I suspect George Soros and similar hedge fund managers will be seeing blood in the water for the GBP and will short it even more than they probably already doing.
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