Silver Stock Report
by Jason Hommel, November 5, 2007
Ron Paul Excitement Builds
Today is November 5th, and there is a drive to raise money for Ron Paul today, to raise the most money in a single day for any presidential candidate. By 10AM this morning, they are already on track to raise $4 million, having raised nearly $2 million, and beat the former record of $3 million. To check progress:
http://ronpaulgraphs.com/nov_5_exten...
Ron Paul supports silver and gold as money!
http://www.ronpaul2008.com/articles/...
Today, the proposed Federal Budget is $2.7 trillion.
All the gold mined in the history of the world is estimated at about 155,000 tonnes, which, at 32151 ounces/tonne, is just under 5 billion ounces. At $800/oz., (a price level that has not yet excited the public) there is about $4 trillion worth of gold, mined in the history of the world.
Therefore, the annual budget of the U.S. has grown to absurd levels. Either that, or gold is way undervalued. Well, probably some of both.
I believe that Ron Paul has a very good chance to be our next President. The Ron Paul Revolution is building far greater than my early expectations. At this point, we are still so early in the election cycle, that Ron Paul has a very realistic chance of becoming our next President, I'd say greater than a 50% chance at this point.
If Ron Paul were to win the Presidency, and if he were to successfully end the Federal Reserve and IRS, and restore the use of silver and gold as money, the value of gold could easily rise by a factor of 10 or maybe even 100, and silver's value could rise by a factor of 1000.
You can see Ron Paul's interview from 10-30 on the Tonight Show with Jay Leno here:
http://www.youtube.com/watch?v=I1EFH...
[DONATION REQUEST AND DELETED BY BK TO KEEP IT REAL]
Sincerely,
Jason Hommel
