"We will eventually find out that silver at $10 is the bargain of the century."
---Howard Ruff, Financial Columnist

I've been following the silver market for the past year and a half, as well as reading the weekly column of Ted Butler, a silver expert who writes a column for www.InvestmentRarities.com. He has been shouting from the mountain tops for at least the past 5 years about looming shortages of silver on world markets and how this will be a slam dunk investment opportunity for everyday people.

It turns out that demand for silver far outstrips supply, which would normally would make the price of silver many, many times higher than its current price of $10.50 an ounce (as of the close of business on the COMEX today). According to Butler, the only reason that it is so low is because of price manipulation on the part of large institutional investors who've been conspiring to keep prices artificially low in order to avoid financial ruin. What they do is a sell silver in the form of thousands of futures contracts, which creates the illusion of a glut of silver on world markets when in fact there's no real physical silver to back up these contracts. The price of silver on the open market is based solely on this unethical activity (including the silver jewelry that people wear). Butler has complained in writing to the US Attorney General's office as well as various govt regulatory agencies about this price manipulation, all to no avail. What is really telling though, is that not one expert on precious metals has challenged him on his prediction of massive price increases, which I have seen unfold in the past 18 months right in front of my eyes. Since Sept 04 when I started following this commodity, silver is up over 60% with plenty of room to go a lot higher.

What exactly does all this mean for people who don't have deep pockets? At $10 an ounce, silver is going for fire sale prices, but it won't be this cheap too much longer. The general public hasn't caught on to this yet, and the price manipulation is ongoing, though I believe the manipulators are sitting on staggering losses (hundreds of millions of dollars) and are on the verge of bankruptcy. When these 2 factors change (and they HAVE to change--it's a question of when, not if) --KaBLAMMO--the price of silver will go way, way up--probably forever. The demand for silver for industrial uses (it is used as a conductor in just about anything that runs on electricity) as well as for jewelry in China and India continues unabated. Couple that with the fact that all of the world's known physical inventories are very low and we've got a severe supply/demand imbalance. This provides interested parties with the opportunity of a lifetime to buy very low and sell very high. The headlines for this upcoming scandal have yet to be written. When this house of cards collapses, it’ll make the Enron scandal look like a kindergarten picnic.

All interested persons should visit the Investment Rarities website and click on the "Ted Butler's Weekly Commentary" link in the upper left hand corner. There is an archive of his columns going back to 2000. If you get bit by the silver bug and decide to take the plunge (you can get started for as little as $14 per order), do your due diligence first: double check my research, do some of your own, and decide for yourself what you want to do. I am not in the business of giving investment advice, but my silver portfolio has been kicking butt lately, and I plan to make more purchases very soon. I wouldn't advise ordering from Investment Rarities, as I find their prices to be a little on the high side (though the information on the site is excellent and they are a reputable company). I buy most of my silver from The American Precious Metals Exchange (at www.APMEX.com) and the Silver Eagle Coin Company. They both have the most reasonable prices I have found so far, and are reputable companies (with fast delivery).

Questions? Comments?

Since I started this thread last night, the price of silver has climbed another 18 cents an ounce to $10.68.

Today the Securities and Exchange Commission gave the go ahead for Barclays to begin a silver Exchange Traded Fund (ETF). What this means is that Barclays will have to purchase millions of ounces of silver to get this ETF up and running, which will further tilt the demand/supply imbalance in favor of the investor. This guarantees one heck of an increase in the price of silver in the short to intermediate term. As of now, silver is still going at fire sale prices, but not too much longer.

Helloooo! Anybody paying attention? Right now silver is very affordable. Soon it won't be. Don't let this be the one that got away.

I'm interested in this how much would you have too invest initially. I need to find out if that account is legit as well.

How did you come across this info...

interesting ....so silver is the thing !
i'll have to check into this investment

I'm interested in this how much would you have too invest initially. I need to find out if that account is legit as well.

How did you come across this info...

You can actually get started for as little as $14.00 (that will buy you a one ounce silver coin). For more info, go to www.InvestmentRarities.com and read Ted Butler's weekly column. See also the Silver Eagle Coin Company's website. You might be able to find a silver dealer in your area. You can also go to google and type in "silver". There are hundreds of sites that have basic information you need.

I came across this info in the summer of '04 when I got a mail olicitation from Investment Rarities for a silver investors starter kit for $19.95. Included were two 1 ounce silver coins (American Eagle and a Canadian Maple Leaf) and Butler's book "Silver Profits in the New Century." What he predicted in this book about looming silver shortages and resultant sharp price increases is unfolding as you read this. And yeah, it's a legit opportunity. Just be careful who you buy from.

Thanks for this info!! I will certainly check it out.

As of today, the price of silver is now $10.93 and ounce, 43 cents an ounce higher than the day I started this thread.

If you had bought 10 ounces of silver for $105 last week (the price of a pair of Nikes), today it would be worth $109.30, a $4.30 increase in 5 days. Would those Nikes have increased in value the same way?

If you had bought 100 ounces of silver for $1,050 last week (the price of a home entertainment system), today it would be worth $1,093, a $43 dollar increase in 5 days. Woulld that home entertainment system have increased in value the same way?

If you had bought 1000 ounces of silver for $10,050 last week (the price of a nice sound system and a bunch of chrome for an SUV), today it would be worth $10,480, a $430 dollar increase in 5 days. Would that $10,050 worth of junk have increased in value the same way?

In "Rich Dad, Poor Dad" Robert Kiyosaki pointed out that rich people become rich and stay rich by putting their money into things that increase in value over time (e.g., silver, gold, stocks, real estate, collectibles, etc), while the poor and middle class stay poor and middle class by putting their money into things that decrease in value over time (e.g., Nikes, home entertainent systems, designer clothes, pimping out rides, etc). Will you stop the madness and put your money into something that increases in value over time, or continue your own economic demise by spending on things that decrease in value over time?

It's still not too late to get on board this gravy train.

Thanks for this info!! I will certainly check it out.

Smart move. I hope others will do the same. Then we can finance our own independent school systems, neighborhood culture centers, radio and tv stations, after school tutoring services, production studios, publishing houses, grocery stores, restaurants, health clubs, saturday academies, etc., and stop praying that white people will have a change of heart and do these things for us.

As of this time (3/30/06 @ 9:34 am) the price of silver is $11.47 an ounce, 97 cents an ounce more than when I first mention this investment opportunity. The silver investment gravy train is leaving the station. Do you plan to get on board and put your money into this commodity which is increasing in value over time, or will you continue to spend money on material thangz that decrease in value over time?

The way I look at it, some people will make money from this opportunity, and some will make excuses, but nobody willl make both.

It's still not too late.

As of this time (3/30/06 @ 9:34 am) the price of silver is $11.47 an ounce, 97 cents an ounce more than when I first mention this investment opportunity. The silver investment gravy train is leaving the station. Do you plan to get on board and put your money into this commodity which is increasing in value over time, or will you continue to spend money on material thangz that decrease in value over time?

The way I look at it, some people will make money from this opportunity, and some will make excuses, but nobody willl make both.

It's still not too late.

Thanks for the heads up.
I plan on investing in silver tommorrow when I have more time to look at my options.
If you have some advice for me i would gladly appreciate it.

Thanks for the heads up.
I plan on investing in silver tommorrow when I have more time to look at my options.
If you have some advice for me i would gladly appreciate it.

Good move. The main thing to remember is to buy only what you can afford, and be on the lookout for dips in the price. It may (or may not) fall below your original purchase point but don't panic; that's to be expected when you invest in these markets. There have been a number of pullbacks in the price of silver since I first got into this market 18 months ago, but the overall trend is up.

Right about now the market manipulators are getting their heads handed to them by the brutality and swiftness of the price increases over the past couple of months. They may engineer yet another sell off and cause another fall in the price, but I would use that as an opportunity to buy more, because the economic fundamentals of silver are rock solid due to the supply/demand imbalance. This is how Warren Buffett made his billions--buying a dollar's worth of assets for pennies on the dollar and selling when the crowd finally caught on and bid up the price. The principle is the same here.

Keep an eye on the price and the news. I think a segment of the investing public is beginning to catch on, but the overwhelming majority of people still would rather spend $3000 on that plasma screen tv (or some other junk) than on something that will enable them to buy a plasma screen tv for every room in the house if they hold on to it for a while and sell at the right time.

By the way, since my last post 13 or so hours ago, the price of silver has risen another 30 cents an ounce, to $11.77, $1.27 an ounce higher than when I first recommended it last week.

As of this morning, the price of silver has increased to $11.99 an ounce, $1.49 an ounce higher than when I put the word out 2 weeks ago. How much have the material thangz you purchased two weeks ago increased in value? None! (that's why they're called depreciating assets). Ya coulda bought some silver back then; it would have been worth more money today. Some of y'all chose to buy material thangz which are worth less money today.

I hope somebody out there is taking advantage of this opportunity to secure their financial future. It's still not too late.

As I said previously with regard to this once in a life time opportunity, you're either going to make money or you're going to make excuses, but you won't make both.

The price of silver continues to rise unabated. As of this morning (at this time), it is $12.46 an ounce, nearly $2 an ounce higher than when I created this thread on 3/22. That's a 20% increase in less than 3 weeks. Most mutual funds don't even rise that far in ONE YEAR!

Do you plan to get on board this gravy train which involves spending your money on an asset that is increasing in value by the day, or are you committed to continued spending of your money on things that decrease in value by the day--designer clothes, entertainment systems, videos, bling, and other over priced material thangz?

Since 3/22/06, the day I created this thread, the price of silver has exploded upwards, climbing to as high as $14.67 yesterday before pulling back to its current price of $14.26. That's $3.74 higher than a month ago. If you had bought 100 ounces of silver at $1,050 a month ago, your investment would be worth over $1,400 today. If you even managed to buy 10 ounces for $105, it would be worth over $140 today. That's a phenomenal return. That's how fortunes are made.

Quite a few of the manipulators (i.e., dealers) have been shaken out of the market the past few weeks due to the huge price increases which have left them in the deep in the hole financially (by my reckoning, hundreds of millions, but more likely billions of dollars).

Word on the street is that the hedge funds are now eyeing silver. They are about enter the market, place huge orders, and exploit the weakness of the dealers by demanding immediate delivery of physical silver. If & when this happens, it is expected to put further upward pressure on the price, which will further squeeze the dealers as they scramble to fill orders for silver that they currently own only on paper (via futures contracts). In other words, they are going to have to find some real silver bullion, bid on it, and ship it to the hedge funds. Since there's so little physical silver, the law of supply and demand will kick in, and the price will continue to soar. This will create chaos in the marketplace, to the delight of the small investor.