Silver $500?

I read this blog by Max Keiser in regards to Silver I think some of you would be surprise. I would like to share this info with you , Max Kieser is a coveted economist on Russia Today and has his own web show The Keiser Report. I think in my honest opinion that silver proves to be a great investment opportunity for many households as it is a great and inexpensive way to save and build on savings, Gold hit a high of $1400 an oz and is tracing back  to $1350's but silver is at about $27 dollars an oz, I bought silver when it was at $18 an oz and my family looked at me strange , now its at about $30 dollars and guys like Max Keiser and Gerald Celente are saying it might hit a high of $500

500 Dollar Silver Manisfesto

November 18th, 2010 by maxkeiser

• Crash JPMorgan Buy Silver campaign goes global

The Crash JP Morgan Buy Silver Manifesto or: How to Get Hedge Funds To Do Your Dirty Work For You And Drive the Price of Silver to $500
1 – JP Morgan has a huge short position in Silver – estimated to be 3.3 billion ounces – tied to an enormous, extremely precarious $65 trillion derivatives position.
2 – Various exchanges around the world have been caught manipulating the price of Silver using ‘naked’ short sales i.e., counterfeiting.
3 – Of all the actively traded commodities traded around the world, Silver is one of the least plentiful and its supply is shrinking, but its industrial uses are multiplying. The ‘networked’ age of global communications is built with Silver.
4 – Hedge funds are taking physical delivery of Silver – adding substantial demand as well as exposing these exchange’s naked short positions – who are already scrambling to deliver – jacking prices up to multi-decade highs – and inspiring these predatory funds to buy more Silver.
5 – There are billions of people around the world who are aware that banks have been committing fraud and embezzlement who are upset that their politicians seem only interested in helping the banks commit more fraud – who are looking for a cheap way to non-aggressively fight back and decapitalize these banks.
6 – Many of these people have the access and wherewithal to purchase 1 ounce of Silver – thus removing hundreds of millions of ounces of Silver from the ‘paper’ market – forcing additional scrambling by dealers to fill orders by buying back short positions – inspiring the funds to buy and take physical delivery of even more Silver – creating a colossal short squeeze – in which JP Morgan stands to be the biggest loser.
7 – Buying Silver is how the world is monetizing its anger at the banks who stole their wealth.
8 – Crash JP Morgan Buy Silver

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