Yes, Blake - in terms of government. I just don't know how much of it is real.
As a collective, Indians hold 18,000 tonnes in private hands.
But the Big Daddy of them all are the Black Nobility, viz the Rothschilds. As a family, it is estimated that half of the world's wealth belongs to them (500 TRILLION DOLLARS).
As fiat currencies continue to decline in value, and as it accelerates, more of these counterfeited and increasingly worthless currencies will search for REAL assets and REAL money. Look no further than GOLD and SILVER, just as insiders do and have done.
January 16, 2013
Leeb also spoke about silver: “Switching gears to silver, we all know there are shenanigans that go on in the silver market. Regardless, China wants to accumulate a great deal of physical silver. China knows silver is a monetary metal.
It’s also important to note that Warren Buffett recently purchased the largest solar project in the world. Well, the Chinese know what Warren Buffett knows, and that is solar is the future. The Chinese are going to need a staggering amount of silver to accomplish this task.
The Chinese know that oil, coal, and other alternatives are becoming much more scarce, and so they are designing the entire country’s energy infrastructure around things like solar. Again, this will require quantities of silver that most likely can’t even be facilitated.
People wonder why are we seeing shortages in the silver market right now? Well, yes, there is investment demand, absolutely. But the Chinese are also in the silver market buying every single ounce they can get their hands on for the energy needs.
So silver is going to levels in the future that investors can’t even fathom today? Silver, next to oil, is the single most important commodity and strategic resource on the planet. I would also add that the quality junior mining shares will eventually enter a mania that will be one for the history books.”
AYN Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
