Time To Start Accumulating Silver

SIlver demand and supply picture is nowhere near that of gold or palladium. There is not the same level of supply deficiancy for silver as for gold. Silver production is about 22,000 metric tones a year to 2400 tones that of gold and 230 that of palldium and 180 or so of platinum. However, it is still poor man's gold and it is still an important precious metal and has been a big part of the monetary system and will most likely be a metal of choice should we ever go back to sound money. We will eventually go to a sounder monetary system. It could take a couple decades -most likely a lot shorter-, but eventually the current corrupt fiat money system under the Federal Reserve system will crumble into dust. The attack on gold as we can see today again is hitting silver as well. JPM has a huge huge huge silver short, which the CFTC should not allow, but the CFTC is under an ex-goldman crony and tied to the Fed's orders, so they do not do their legal duties. Therefore, the ridiculous silver short stays on the books of JPM. That, too, will eventually blow up in the face of JPM and the Fed. Silver is down above 4% today and is at a decent spot to start adding to the longs. The price is a good long term entry point. With a lot of these precious metals, the aproach you should take is that these are very long term investments. Surely, they will do well in the short term and will be manipulated down heavily, but the long term fundamentals are on their side and they will do wonders as the system is crashing or the Fed is audited and controlled rather than it running the country. So these metals are great retirement investments. The important thing is that you do not buy paper, but buy the physical before it is too late. You should not worry about the Federal Reserve manipulation of gold price or that of silver. They will eventually fail. I am personally continuing to add to my gold holdings as I do every month as part of a system. At this point I am going to add more silver to my holdings. I do like silver at $16 even if it is possible to see lower prices. I will continue to add if it goes any lower.