Silver Price Over $40 Gold $1603, Economic Collapse in West, Building Mega Cities in the East
Silver prices above Gold price at 03. With western economies on the verge of an economic collapse, the Asian countries are building mega cities. While some may be empty right now, they likely wont be for long. Cities are a large consumer of energy and commodities. Growing populations in Asia and around the world will be the driver for the forseeable future of commodities and energy consuption. The rising wages of workers in Asia will allow more of them to invest in silver and gold bullion as well as buy all the same gadgets of their western counter parts. Correction: China will be building 20 cities a year for the next 20 years. I misspoke in the vid and said 2015. Chinas empty cities www.dailymail.co.uk Google Map of Mega City maps.google.com India to Build private cities business.in.com India’s Solar cities www.indianexpress.com Migrant Workers Refuse to go back to farm www.montrealgazette.com
Video Rating: 4 / 5
@sporky69 any form of gold or silver really. nuggets are sold on ebay for less than premium coins. generic silver rounds and gold grams are a good way to start. they are certified and one doesnt have to pay a high premium for them. Best Blessings..
@torontobills supply and demand especially silver. do your homework
Hey your a dreamer if you think gold and silver is going through the roof. Feds will pass a law to keep gold and silver down. You will be a old man before it skyrockets. look at silver today $29. I bet your losing your shirt.
Love it! Nice job. Certainly with worlds population rising at a rate of 1.8 % and resources/precious metals being limited, over the long term the demand will be enormous with less supply…JACKING Silver/Gold PRICES UPWARD! =)
Great comments brother.
During the recent surge in gold price to $1800, silver didn’t move and remained stable at $40. I always believed silver ‘piggy-backed’ gold but not on this occasion. Why was this? The price of silver seems ludicrously low at $40. Even with a ratio of 20:1 the price should be more than double at $90. People all over the world appear to be buying physical silver and yet the price remains static. My gut feeling is that the price is being depressed, possibly by ETFs manipulating the market.
@CommentaryUSA Yes talked to Mom going to be buying a lot of canned food and sacks of rice.
@sporky69 Good choice. I buy 1 once silver bullion and also pre 1965 us silver coins. Don’t forget food and fuel.
@CommentaryUSA Thanks for responding to my comment. I’ll start with silver one ounce coins.
@kernel16 219,000 people a day being added to world population, there is and will be for some time to come, a great need for farm land.
@sporky69 Coins or bullion. You can buy 1/5 and 1/10 ounce coins if you want to start small or obviously one ounce bullion if you have the cash.
in preparation for collapse of the dollar what kind of gold would you buy idealy? any kind such as nuggets or coins?
Good luck feeding themselves: they’re presently suffering a food crisis, and on top of that they’re destroying more farm lands for those very ghost cities, in which they want their farmers to move in.
@Dport7674 Thank you!
Good stuff in this video
empty cities in china, no that cannot be true. I been to china and the population is as impressive as the land size. An empty city in china is not possible
I think you are a bit confused. First you say there are cities, bigger than NYC, empty. Totally empty. If people start moving into these cities, why would they have to build more of these if they already have them? I think these cities will fill, once real estate prices collapse. Commodities are at the tail end of their rally. Of course nobody is going to jump out and say this when these are booming, but i think their rally is over.
@choctawindian7473 which exchange market is this?
i mean there are 1.3 billion people in china. greek just had another bailout. it looks like there could be more bailouts across the EU. When the fed starts to print again, then that means gold and silver will rise.
there is around 1.3, the most. up to 1.4. not 1.6. I am not going to pay attention to silver prices anymore. should we sell, should we buy. We are still early in this bull market. But to be a great investor, we have to learn to wait. I want to forget bout silver for now.
Very good points, all of them. Right now I have an investment in a potash mining company, there is not enough potash across the world for all the farms plus there are cartels in potash that have made deals strictly with the Chinese, what about the other countries? Long term on the Copper is forecast at $8 to $12 dollars a pound, regardless of what happens in the United States.
@CommentaryUSA
The scary part about the looming war(s) is if America does implode like the Soviets we’ll have a revolution. Then we’ll likely face attacks from the outside from Russia, China or an Arab state due to our instability and weakness because of our farming area and resource rich properties.
watch?v=OSAogqqLYAk <– Cory C and Rawdog are creating the NWO