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Close Call For US Banks
Jason Hommel Article
Here's a recent article by a friend of mine Jason Hommel.

Obama: Silver Salesman of the Year!
October 29th, 2010

(Two years running!)

Obama is an amazing gun salesman and silver salesman. He's caused the gun sales by being a gun grabbing liberal. He's an even better silver salesman than gun salesman though, since the sales of US Mint Silver Eagles has just about trippled on his watch, but I'd never even heard him mention the subject of silver. That's quite a feat!

Politics this year has just not gripped me like other years.

I'm optimistic for the future of the nation because there is a Tea Party backlash against out of touch Washington spending, socialism, and the continued erosion of our God given liberties that are recognized in the US Constitution.

But the truth of the matter is that I hardly care who wins.

If liberals stay in charge, they will make things worse for the rest of the nation that probably deserves such punishment from God, and the dollar will go down, and it will mean higher prices for silver and gold.

If Tea Party Republicans get elected, their movement is still likely too small to make much of a difference, and they might raise more awareness of the importance of honest money, which will be bullish for silver and gold prices.

Thus, if you have silver, like I do, then either way the elections go, you win!

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Silver's gone up 760% for the period of the last ten years, which works out to an annual average of 24%. That fairly beats out any other major monetary investment class, and it's only money, the best investment that there is, since it's the very definition of liquidity and money.

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And yet, the tiny silver market still only has about $2 billion of new investor money flowing into it annually. It is tiny, tiny, tiny in the scale of world finance, and stands to gain about 30% per year, or more, on average, for decades to come.

The silver market is so small, and so few people are following it, that it's taken me literally ten years to figure out something very basic, because there are so few people following this market who would be available to bring this to my attention earlier than now. This realization is that even tiny increases in the rate of inflation of new money will cause massive increases in the eventual dollar prices of silver, because the paper money market is already so obscenely large, and the silver market is still so ridiculously small.

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I strongly advise you to take possession of real gold and silver, at anywhere near today's price, while you still can. The fundamentals indicate rising prices for decades to come.