Hi Bujjai,

I would not give up any silver bullion at this time. Just the posts I have read today seem to prove that. First one I noticed that for every 100 contracts on a ounce of silver and gold that they don't have in possesion? Sooner or later that has to bite someone hard. And if it goes our way 100 times 18.00 dollars sounds pretty nice. Far fetched without a doubt but worth the risk I believe personally.

Secondly. The U.S. mint can't even get enough silver to continue production on silver eagles. In January they sold 130 million of them? This does not include the Chinese Government allowing citizens to buy silver after 60 years. And even spot prices on silver for eagles, mapleleafs, and European silver are not selling close to spot price at many places. China Panda's and Aussie silver is even double that in many places.

And last. How long before the rest of the world wants and needs silver for as we all know quite a few purposes. Technology will continue to make higher prices on just the silver being processed in mills around the world. So how long before all that physical silver some smart people have bought,{especially rounds} , take a hefty jump in price.

They will have to use whatever is being processed now. That being said , not including inflation on oil and other materials used for milling should send a lot of these JPM's to the ceiling. I mean these guys are not playing with a full deck of cards. It costs almost 2 cents to make a penny, and a dime to make a nickel.

Here's the sad part. I continue to tell my children and any other kid Math is the most important tool in being successful. Obviously some Governments don't seem to know how to add and subtract. But we all know this is a global problem now and the BRIC nations will sooner or later step in. I wouldn't even trade one pre 1964 coin at this time, but that is my own belief. Like I said when I see Chinese Panda rounds for 45.00 a round in some places and Eagles trading at almost 25.00 dollars. I have to believe something big is coming to those who have physical Gold and Silver. But it is just my opinion.