bargain of the century, page-49

For what it's worth......The main reason I bought into AYN is simple. It is currently the only silver producer in Australia. It won’t be the last, but it IS producing now. At a share price below 10c it is great value. Great value for shareholders and exceptional value for a takeover. Large companies taking over smaller producers will start coming into play more and more. Larger companies need to be seen to be building value for shareholders by increase resources and projected mine life.

Some of my other reasons for my silver (AYN) investment include …………..

Silver sales in coins alone in US & Canada eclipsed total production levels. They were net importers of silver for 2011.

Despite falling manufacturing in China, US and Europe, the use of silver in the wider spectrum of industrial and medical applications is rapidly rising. Where some metals can be substituted, there are many uses of silver that have no substitute.

Recycling in many applications is too costly. Once used, it is gone forever!

Greece will run out of German flags to burn, turn their back on the Euro and go back to what they do best, milking the system and tax evasion. Greece will either jump or be pushed on or before March 20th. When the Euro tanks, the other feeble financial house of cards will fall with it – all to the betterment of silver.

The US cannot deflate the dollar quickly enough. It badly needs a war to accelerate dollar deflation and create an excuse to get the counterfeiting presses in full swing. Enter “Iran”! A US government trumped-up ‘unprovoked attack’ on the US navy will likely be the starting point of new US money creating war. Just watch the dollars being created to keep fuelling this war! It will be mind-blowing! My estimate for this to eventuate is sometime within the next three months. It will be interesting to see what or who will be the US sacrificial lamb sent into the Iranian slaughter………… or if Iran refuses to act under extreme provocation, what trumped up story will be feed to the gullible US citizens and supported by sensational seeking media! Another CNN field day coming up! Watch the Silver price when this new war gets under way!

JP Morgan will eventually be called to account and forced to stop their manipulation for the Silver market. This will happen either through government intervention or they’ll simply die from extreme market forces.

I am sure it won’t be long before bullion bars will be unavailable from all global mints and all you will be able to buy are ‘coins’ – at a premium far in excess of what they are now….. and probably on a ‘rationed’ or allocated basis.

When various global mints hangout a sign that reads – “silver – sold out”, the only way to get a slice of silver action will be investing in a known silver producers or explorers.

In this instance the share price of silver explorers and producers is going to rocket!............ and I mean ‘ballistic’. Logic, fear and greed will only play a minor part in this meteoric price rise. The main motivator will simply be preservation of existing wealth as paper money and other forms of financial paper promissory notes rapidly turn to useful combustion fuel to keep warm by!

We are in for a very, very interesting year!