Friday, September 23, 2011

Silver Going Down

By Ray  Gano

Hey folks, for those of you who have missed some opportunity to buy silver due to the "high" price. You might want to start keeping your eyes peeled.

Currently the world markets are terrified of the Euro and the very likely demise of the EU.

Markets, like people, have a hard time breaking habits.

The habit that I am talking about is when bad things happen, run to the dollar.

That is what we are seeing right now. The global markets are very concerned over the state of the Euro that they are jumping ship. The place they always tend to gravitate to is the US Dollar.

Now this is good news for those who like silver.

The way the markets usually go is that when the dollar goes up, precious metals go down. That is what we are seeing right now.

I thought that this would begin to take place around August time frame, but I believe that we are beginning to see it now form.

In the last 48 hours silver has dropped from the $40+ range to it's current price of $32.98. This is a pretty big drop and one I hope will continue.

Now those of you who may have purchased silver in the $30-$40 range, do not worry, the price of silver will jump back to that and then rocket past.

What we are seeing is just a short term dip, but if this dip holds, one may be able to take advantage of it.

So now is the time to start keeping a keen eye on the silver price and if you have money to purchase, now is the time where you might want to do that.

I do not think that the prices will last though.

Why?

When the markets realize that the US Dollar is just as bad as the Euro, then the herd will run to the next "safe haven" that being gold and silver. When that does take place, gold and silver will go through the roof.

Many peopl ask me who to purchase from. I always recommend APMEX (American Precious Metals Exchange) You can find them at www.apmex.com. Their prices are the best, their markup very low and their customer service is great.

My hope is that silver will dip to the $22.00 price and when it does, hold a garage sale, do anything you can to free up some $$$ and purchase. I don't think this opportunity will last, that is if it does go that low. US dollar Index is sitting at 78.20. Which is up from the low 70's a few months ago. This is another indicator that people are running to the dollar for safety.

ALSO - here is a great video by Robert Kiyosaki on why purchase silver.

WATCH NOW >> http://youtu.be/FOKn7tiUMyc

FINALLY (leagal stuff) - Please remember that I (Ray Gano/Prophezine/survival4christians) is not an investment adviser and you should never make investment decisions based on anything we say.

Keep your eye on silver - that is what I am doing.

5 comments:

  1. It does not matter if silver or gold "goes through the roof" if it becomes ILLEGAL to use it for transactions, or to take it across borders. Take your eyes off gold and silver, you are being setup, they are worthless if your use of them is controlled by law enforcement in this or any other country. Think land in Christian friendly 3rd world countries where food can be grown and refuge countries can be outposts for all the Christians leaving the western marxist states like the USA, EU, Australia, Asia, etc.

    "Executive Summary – A US person traveling to Panama through Mexico was stopped by Mexican police at the airport in Mexico City. He had 150 one ounce gold coins in his possession. The coins were in plastic tubes in his hand luggage. The Mexican authorities took the gold coins based on a random search. They also seized $3600 in cash. The fellow Arnold Martin was arrested by the Mexicans even though he did have a photocopy of a proof of purchase on a letterhead."

    "Executive Order 6102 is an Executive Order signed on April 5, 1933, by U.S. President Franklin D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates within the continental United States". The order criminalized the possession of monetary gold by any individual, partnership, association or corporation."

    "In Australia part IV of the Banking Act 1959 allowed the Commonwealth government to seize private citizens' gold in return for paper money where the Governor-General "is satisfied that it is expedient so to do, for the protection of the currency or of the public credit of the Commonwealth."

    http://www.pakistantoday.com.pk/2011/11/gold-investor%E2%80%99s-biggest-risk-is-political/?thick=off&KeepThis=true&TB_iframe=true&height=540&width=962

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  2. Oh, and I forgot, in addition to land, the information in this library will actually have VALUE outside the grid where even gold and silver off the grid will again be worthless. Why? Because gold and silver have NO value of themselves for the sustainability of a human life, gold and silver are tied to ancient mystical superstions and vanity lusts. If you want real value while on the run from the Antichrist Marxist system, you need TOOLS inside your mind that you can learn from the appropriate technology library. You can find them on to rr en t si tes if you can't afford to buy the cds.

    http://villageearth.org/appropriate-technology/appropriate-technology-library

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  3. I think that sometimes we, Christians don't realize that there's not a wall between us and the tribulation period ("antichrist marxist system"). At the commencement of the tribulation, it'll be just another day; meaning that the state of matters are so severe, that, except for the rapture, the human race will not realize the commencement of the seven-year period. Therefore, I expect a lot of troubled times between now and the actual countdown of that period. One of which will be world government and world currency. It is precisely because of this "beast" that I am moving out of the dollar into bullion. Having said that, there will be a time that I move back into currency, to capitalize and thrive. That is precisely what I, as a Christian am instructed to do. If we Christians do not prepare, who will prepare to act as the hands and feet of Christ? We must prepare for all outcomes between now, and the tribulation. Our job is finished at the tribulation - that's for God, the Hebrews, Moses and Elijah, and the 144k prophets. The church's opportunity to store up treasure in heaven will have ceased.

    I do share many of your thoughts and wrestle with preparation, from a biblical standpoint. It requires balancing the needs of the spirit (human relationships for the cause of Jesus Christ) over the needs of the flesh (my desire to retreat to the cabin with staples and munitions). But it is our purpose to perpetuate the Kingdom through the Gospel of Christ, and that will take all forms of preparation, including financial. Your point on currency is well taken. That is why my bullion of choice is silver. Not that I do not anticipate that governments will not confiscate it, I think that they will attempt to. But silver is a unique animal in that it's legs are in precious metals (wealth protection), medical care and treatment, electronics and many other industrial uses. So in short, I agree with your preparation thinking, but I also believe that we must prepare financially, capitalize gains and thrive for the benefit of the Gospel. Protecting wealth is absolutely an integral part of this. And I assure you that I will not be taking anything to Mexico. If America is Babylon, then it's my job to help in its conversion, and trust that Jesus will implore God on my behalf, and deliver me at the 11th hour as He delivered Lot. Take care!

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