The first backlit, rigid plastic, waterproof keyboard constructed with silver-based antimicrobial protection to limit transmission of germs, bacteria and mold is now available, according to WetKeys Washable Keyboards, an Atlanta, Georgia-based company. The Silver Seal Glow keyboard uses waterproof LED lighting adjustable in 3 levels to backlight keys, making it useful for low-light environments such as operating suites, laboratories and hospital wards. The keyboard is completely submersible, and can be cleaned using healthcare grade disinfectants, or even in an automatic dishwasher, officials say.
The gold market is also dominated by derivatives, or, in our own words, ‘paper gold’. But what is the dollar value of the ‘paper gold’ market? Here is an estimate. Think about it: How is it possible that derivatives are able to set the price of a physical asset?
As noted by Reuters, new liquidity rules for banks in the EU could raise costs for trading gold by up to 300%. Consequently, banks will be forced out of the market, according to London Bullion Association (LBMA).
Globally, silver bullion coin sales reached an all-time high of 32.9 Moz in the third quarter of this year, according to GFMS Thomson Reuters data. This volume was a 74% quarter-on-quarter and 95% year-on-year increase. Sales in North America, Europe, Japan and other Asian countries (predominantly China) saw quarter-on-quarter growth of 74%, 72%, 95% and 202%, respectively.
Earlier this week, Financial Post released an article confirming that ‘peak gold’, or the gold ‘production cliff’, appears to be imminent. According to numerous professional estimates, gold output will top out in 2015 or 2016 and then go into decline for several years at least.
Even mainstream media has noticed it: silver coins are going through a true squeeze, with demand up significantly and premiums reaching an all-time high. Reuters reported today that “the global silver-coin market is in the grips of an unprecedented supply squeeze, forcing some mints to ration sales and step up overtime while sending U.S. buyers racing abroad to fulfill a sudden surge in demand.”
A common place to offer an individual’s precious metals is a marketplace, as there are many to be found on eBay, the largest marketplace worldwide. However, with the advance of the internet, products and services can be offered across many stores in search for the most competitive bid. Another way to offer your metal or jewelry is through a pawn shop.
A state salary or pension in Illinois (and many other states and countries) may be at risk. An alternate plan is needed. Politicians will “extend and pretend” instead of addressing structural problems, so those problems will become worse. Unpayable liabilities will not be paid. Consequences will be ugly and may arrive soon. Be prepared! Buy gold (and silver) to protect your purchasing power.
What it comes down to is how much longer the COMEX-orchestrated price can delay the physical silver crunch and shortage to come? I don’t have the answer, but I am confident that this is the right question. I am also confident that once a wholesale physical silver shortage kicks in, that shortage can’t be further contained by derivatives trading and most likely will have to burn itself out the old-fashioned way – by allowing the market to discover the true clearing price. The trick, of course, is to be positioned before the physical shortage is reflected in price.
Nanotechnology has come to paper. Although the special paper is made from cellulose, like regular paper, the cellulose fibers are on a nanoscale, which gives it lower surface roughness and much higher transparency than traditional paper.
Lower precious metals prices on Wall Street aren’t necessarily bringing lower prices on Main Street. The retail market for gold and silver coins, bars, and rounds has been swamped with high demand since mid June. Both the U.S. Mint and the Royal Canadian Mint continue to run into serious issues keeping up with retail silver coin demand.
To Capitalize on Low Spot Prices AND Low Premiums, Choose Gold Coins, Bars, and Rounds or Silver Bars
I have mentioned countless times that the world is drowning in debt and the implications of this are obvious. We are either going to experience a debt deflation driven depression or we will experience a complete collapse of the current currency system, and some form of hyperinflation. People have been buying gold and silver to protect their wealth from monetary crisis for thousands of years. It’s the only way to keep your wealth safe when banks close, stock markets crash, and the government won’t let you touch your own money.