Jim Rogers : Silver right now is The Best Deal in Town !!

Legendary commodities trader Jim Rogers, chairman of Rogers Holdings, sees opportunity in silver as the precious metal is better priced than gold, but levels are not yet sufficiently low enough. He said recently in an interview “Of course, silver had a lot of making up to do. Not too long ago the gold-to-silver ratio was at all-time highs. With silver having run up 17% since then we may no longer be in that position, but there is still a long way to go before there’s any danger of silver becoming over-valued compared to gold,” Jim Rogers is right , Silver is a buy . Silver above ground is 5 times rarer than gold. Right now "sentiment" for, and thus demand for silver is atrocious. But this "fact" does not tell us the entire story. Of course demand and sentiment are awful. This is only because of years of increasingly brazen manipulation/suppression. If filet mignon was routinely poisoned - or if the press had spent years running stories saying that eating filet mignon causes brain cancer - people would be far less inclined to buy filet mignon. If this story was proven to be bogus, or the people sprinkling the poison on the cuts of beef were arrested and exposed, people would go back to buying filet mignon. Same with silver. We can't know what sentiment or demand would really be until the people that are "poisoning" it (and causing all that negative sentiment) are stopped. Currently 231000 contracts 1.15 Billion ounces sold on the Comex alone. Add in all the other exchanges and many years of future silver production sold. Why? No other commodity is anywhere near that. Why Silver? Because the "silver market" - like the gold market - is a barometer of the "real health" of the economy. The other barometer is the stock market. The prior two must be suppressed and contained. The latter MUST be pumped up and artificially inflated (by fiat money by the way). Gold and silver are kryptonite to fiat money. Gold and silver are therefore kryptonite or poison to the stock market. Said differently, gold and silver are a grave threat to the fiat dollar including the stock market ... and to all who benefit from the fiat system. Gold and silver are existential threats to the fiat currencies and they are treated as such by the central banks of the west. They used to toy around and use the LBMA AM gold fix as the signal as to where they were going to close the DJIA but no more. This may have gotten serious. Steering people AWAY from these fiat alternatives has become PRIORITY ONE for our rulers. Taking away the ability to swap a dollar bill for a silver dollar was one of many "sneaky" things our leaders did to ensure they could keep using their printing press. The government also had to quit making coins with silver in them. Inflation here there and every where. The goal is to make as many people as possible not notice. The dollar debasement simply made silver too valuable to use in coinage at 90% and the weights reflecting the constitutional reference to the Spanish milled or pillar dollar. 1964 was the last of the 90% coinage. By containing or suppressing gold and silver prices, they protect the fiat printing presses. The fiat dollar, as the world reserve currency, HAD to be protected - by any means possible, fair or unfair. At least for the "Status Quo" to continue. One day we will (perhaps) find out all of this was done for "national security" reasons. without manipulation silver would be $1000 and gold $15,000. The ability and means being employed to protect the fiat dollar grow more extreme with each passing day. Actually, anybody taking a step back to look at the big picture can see the absurdity of it all. Trillions in debt. Quadrillions in derivatives. Negative interest rates. Junk bonds offering yields below what US Treasuries routinely offered a decade ago. Stock prices through the roof for zombie companies with no earnings or long term business case whatsoever. If you believe this charade will continue indefinitely, load up on the dollar, and lots of Beyond Meat and Tesla stock. Following a collapse, the man on the street will need to do his shopping and it will be silver in some form physical or electronic that will enable commerce to continue. At that point silver will come in from the cold.






Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.