Happy New Year!
(Silver! Just buy it!)
Silver Stock Report
by Jason Hommel, January 5th, 2009
I had a wonderful New Year's break, with time with
family and a time to relax. I hope you did, too.
In
Mid December, I did another radio interview, which you can listen to
here:
http://www.voicesofsuccess.org/id33.html
The
interview was by an enthusiastic lady who had been reading my newsletter for a
while, and recently bought silver for herself. Here's her
intro:
Jason Hommel of Silver Stock Report is my
guest! WOW! Now I know why we should buy silver now! He
explains why paper money and paper promises are not working. Where
is the silver? Where is the gold? Listen in to the show and
learn from this "truth telling" man!
Visit him at his web site at www.SilverStockReport.com You need to sign up for his newsletter as
well. I went to his Mom's e bay
site
and bought a silver bar...let me tell you...there is an energy
to holding the real, cold hard stuff!
==========
Now
that we are back, we have 5000 oz. of silver up for auction
tonight at www.seekbullion.com. They are
all Johnson Matthey 100 oz. silver bars, in lots of 500, to be auctioned
off around 8PM Pacific, 11PM Eastern. We hope to have another 5000
oz. for auction every day this week, Monday-Thursday, and Saturday
night.
Please don't bid unless you can wire the money the next
morning, after your auction closes. No foreign wires, they take too
long, and our margins are too low.
This silver is all pre-packaged,
and is ready to be shipped out the NEXT DAY after the auction, the SAME
DAY as your wire comes in, so don't delay on the
wires.
==========
The holiday break with family really gave
me time to reflect on a lot of things.
First of all, let me
say I'm sorry for raising so many people's expectations for silver prices
over the past 10 years. I was in silver early. Too
early. What can I say? Who knew that paper dollar fraud would
continue so long, and who knows how long it will continue?
For several years,
I've done the math on how silver can, and should return about
50% gains per year, as compared to dollars, for about 15 years in a row,
(or more, faster) to make up for the dollar
debasement that has continued since 1913, 1970, and mostly, since
1980. Running the math on 50% compounding over 15 years takes silver
to about $8000 to $10,000 per ounce.
$8000 Silver in 15
Years
http://silverstockreport.com/2007/rosen_interview.html
Nevertheless, I expect silver to do even better
than I ever thought possible. The $8-10-20 trillion bailouts of the
last year, depending on how you count, are inflationary beyond
belief. The nation's money supply has essentially doubled with these
political promises, literally in the last few months.
But what is
better that owning silver, is dealing silver. Look, I'm sorry it
took me this long to realize it, and to teach you. But it basically
works like this: If you earn 1% per week on your money, dealing
silver, you can earn MORE than 52% per year, due to the compounding
effect.
http://www.smartmoney.com/compoundcalc/
Do
the math at the compound calculator, above. 1% per week, in 52
weeks, is 68% per year. That's a lot better, and more realistic,
than I ever promoted silver would do.
Or, you can earn 3% every
month, which is 47% per year.
So, how you do become a dealer?
Buy silver somewhere cheap, and make sure you get it FAST, from a reliable
source, like from my auctions at www.seekbullion.com
Most
dealers used to rely on selling from the public, but that mostly ended,
and is no longer a good reliable source for silver in quantity. Too
many dealers have no silver to sell, and thus, you can compete with them
easily, by finding a new source that they are not using.
When I first started my newsletter, I used to ask my readers to tell people about
silver, or forward my emails. I stopped doing that after a while,
when I could look at the counts of how many people did. When I was
sending out 25,000 emails, and only 9 people would forward them, I stopped
asking. I apologize for that, too.
Let me break it to
you. Unless people learn about silver, they will not buy much
silver. Unless people know where to go to buy silver, from a place
that has silver, they cannot buy silver, even if they wanted to. And
this last year, they really wanted to! Our entire industry let the
buying public down.
Every single silver producer, those mining ore,
should also be minting rounds, and marketing them to the public, and their
own investors, as money, as savings, as a true store of value. But
the industry seems more hell bent on saying why their companies should go
up in value faster than silver, (as I used to do) and thus, silver
investors are told not to own physical silver from every angle.
You
don't see a shoe
company like Nike requiring all their employees to wear Reebok shoes to work.
But why do silver companies have no problem not even offering silver,
and instead, paying all their own employees in paper money, which is the primary
competitor to silver?
Nike is not primarily a shoe
company. They are a marketing company. Where is the comparable
marketing company for silver? There is none.
That I
have achieved such a wide reach among silver investors is an insult to the
industry. I'm nothing. I write long, boring
diatribes promoting the benefits of silver that many people
love, and many people hate.
My own tiny silver business, taking
COMEX bars, and having them melted into rounds, is not going to affect the
silver market much this year. It might be 1/50th of annual investor
demand of up to 100 million ounces, at the most. Paltry.
There is good news. Old people die. Our current system
of fraud is held together by old liars who have corrupted nearly
all institutions, and even the minds of the young. But the youth are
resisting. Unfortunately, the youth have no money with which to buy
silver.
I recently watched a fascinating debate about young
people. Two authors debated, the authors of
Millennials
Rising: The Next Great Generation
http://www.amazon.com/Millennials-Rising-Next-Great-Generation/dp/0375707190
The
Dumbest Generation: How the Digital Age Stupefies Young Americans and
Jeopardizes Our Future (Or, Don't Trust Anyone Under 30) (Hardcover)http://www.amazon.com/Dumbest-Generation-Stupefies-Americans-Jeopardizes/dp/1585426393
Today's
youth are different from my generation. (I'm old now, at 38.)
Today's young people are growing up in a digital age of computers.
Unfortunately, they are not generally taking advantage of that by reading
newsletters like this one. Instead, they use the internet for social
networking. (This is why they are supposedly "dumb".) So the
new generation is good at discovering the consensus of their own peer
group, they are good at team building, and working together on
projects. Nobody likes to stand out too much as an individual.
One day, people are going to sell silver to their peer group, and
the peer group of an entire generation will be convinced rather swiftly to
buy silver and gold.
The profit incentives as I've outlined
above, and the inevitable lure of the truth, guarantee it.
In theory, the Young
are also "dumb", because they fail to talk with their college
professors. But maybe that's because their professors are mostly
liars, not worth listening to. When the monetary system is a lie,
how can the youth have respect for their elders?
I recently ordered the most popular
text book on economics.
Principles of Economics, 4th Edition
(Student Edition) (Hardcover) by N. Gregory Mankiw
http://www.amazon.com/Principles-Economics-Student-Gregory-Mankiw/dp/0324224729/ref=pd_ts_b_17?ie=UTF8&s=books
It arrived today. I
quickly turned to Chapter 29, "The Monetary System", which should have
been the starting point.
The book contains error after error, lie
after lie. In the section on money, they define it as "cash and
currency".
The author wonders who holds the approximate
$700 billion in physical paper cash and currency and coin, and assume it
must be foreigners and drug dealers, because anyone with a brain would
rather put it into a bank to earn interest, assuming you must be a
criminal if you don't.
Mankiw seems not to know what another
Book says, the Bible, which says that those who earn interest are called
usurers, and are compared to extortioners and robbers. (Ezekiel
18).
See, those who teach our young get it exactly
backwards. Usurers are the criminals, not people seeking to avoid
putting money in the banks.
The banks are the
criminals.
Eventually, an entire
generation will get that, all at once.
Silver. Just buy it!
And then, market
it! (Is that too long of a slogan?)
Sincerely,
Jason Hommel
In case you miss an email,
check the archives:
http://silverstockreport.com/ssrarchive.htm
www.bibleprophesy.org
You can buy silver in
lots of 100-500 oz. at my auctions at www.seekbullion.com
Auctions end M-Th, Sat, At 7PM Pacific, but you can place bids anytime, 24/7.
Wires only. USA Shipping only.
You can also buy silver at www.momsilvershop.com
Mom will
ship overseas, and also in lots of more or less than 100
ounces.
See us also at:
Rocklin Coin
Shop
4870 Granite Drive, Rocklin, CA 95677
http://rocklincoinshop.com/
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