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Story ID:10368
Written by:Frederick William Wickert (bio, link, contact, other stories)
Story type:Musings, Essays and Such
Location:Every City Every state USA
Person:American people
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ByFred Wickert

For a long time now there has been a steady stream of commercials on radio and TV, trying to convince people to buy gold or silver. I have noticed in recent weeks on the silver commercials that they have been saying silver prices are now the cheapest they have been in years. They even claim that right now, silver is so cheap that you can buy it at less than it costs to mine or produce it. A few months ago they were saying silver was in great demand and that there was not enough of it to go around.

Today is Monday and I see that they have a new claim today. I guess it is the new claim for the week or perhaps even a month. The new claim today is that it is mandatory for you to buy all the silver you can get today while it is still so cheap, because the price will go up. If you buy right now before the price goes up, you could, and the commercial emphasizes the word could, make up to 30 or even 40 percent profit.

You will note they donít say you will make a profit. They say you could make a profit of 30 to 40 percent. They repeat the word could, just so there is no mistake about what they said. No promises are made about anything.

These companies spend a lot of money for those commercials. Commercials on TV are not cheap. Why would they do that unless the commercials get the desired result? Common sense tells you that they would not. They are running these commercials only because people are listening to them and then buying their silver.

I ask, why? Why do they buy that silver? Common sense tells you that if someone has a lot of silver, and if they believe they will make 30 or 40 percent profit on it, they are not going to be paying for commercials on TV to sell it for them. They will instead, keep quiet about it and try to accumulate more of it if they can. They will do that because they want to make all that profit. A profit of 30 to 40 percent is a huge profit. Why sell that opportunity to someone else when they can keep it and make the profit for themselves?

Of course, they certainly will not. So why are people so dumb that they buy it? If you can answer that, you can probably answer also why the world is in such a mess today. If people couldnít be fooled by the obvious as they are in the case of the silver market, they couldnít be fooled by voting for the people they elect to office. We are constantly being sold a bunch of snake oil, and we are buying it by the truck load!

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