Should We All Buy Silver On May 1st? Twelve Reasons I Say, “Dang Straight!”

Silver Seek

An effort has recently been launched on the Internet to get those who believe in “real money” to buy (physical) silver on May 1st.

It’s too soon to know if this grassroots’ appeal goes “viral” and makes a statement that influences not only markets, but the mainstream media and perhaps even the world.

At least some early comments about this fledgling initiative fall in the “Why bother?” “This-is-silly” categories.

Balderdash. I love the idea, am definitely going to participate, thank those who thought of it and hope millions of liberty-loving people do as well.

Ron Paul army? You up for another great cause?

What’s the worst that can come of such an effort? I can think of two things.

1. It falls flat, never takes off, makes no real difference. No one seems to even notice.

2. You buy some silver and you have less fiat currency in your possession.

Now, what’s the best that could happen if this effort DOES go viral? Off the top of my head, I’ve come up with 12 possible outcomes and I like all of them.

1. The run on physical silver and gold that has been taking place since April 12th and 15th goes bionic … parabolic. Even the NYT and CNBC will be unable to ignore that “something big” is happening in the world’s precious metals (physical) market.

This “something” is that Joe Smoe’s on Main Street are voting in mass for silver and gold.

And against: The Fed, fiat money, U.S. Treasuries, bloated government, deficit spending, unlimited money printing, Too Big To Fail (or Jail) banks, crony finance, etc.

2. It will become even more likely that the “real” price for gold and silver will be determined by the physical market, not the “paper” market so many of us believe is rigged and controlled by The Usual Suspects.

3. The effort will generate headlines that might cause others who have never considered investing in silver or gold to say, “Hey, what’s the fuss?” and look into precious metals to protect their own futures.

4. It will make JP Morgan brass, Ben Bernanke, Treasury Department honchos, the president and politicians who depend on money-printing to fund their playground … squirm, cuss, panic?

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