Hey there Hula.....

It looks like silver seems to be the way to go these days, i just stumbled across a video on utube that was very interesting and opened my eyes up to the potential gains that silver may deliver in the near future.

I think i might have to join in the fun before i miss out.

LINK REMOVED

GP

We'd love to have you join us!

Silver Snowball is totally awesome and a fun way to collect silver.

Start getting silver now.
SilverSnowball Subscription: You receive monthly a one ounce American Eagle Silver Dollar coin and SS News - E-mailed updates on money, metals and marketing. Includes free "talking" marketing website. To order more than one coin click on Add to Cart then change the quantity. You may order 1, 2, 3 or 4 coins a month.

The Silver Snowball membership has been reduced to $36.50 monthly + $6 shipping (that's the total shipping rate no matter how many coins you are ordering and there is no shipping charge to receive the bonus coins you earn).

A price decrease! Now is definitely the time to invest in Silver before it inevitably goes up. And Silversnowball has been a fantastic program with a great admin.


Ken

I agree, Admin is great and the newsletter is very useful too.
We will all soon receive our new little silver snowball for this
new month a:

EDIT: I forgot to say that i just checked at Kitco website and
the Silver Eagle coins as well with Silver Maple are... OUT OF STOCK
So get in our program as fast as you can to get your coins
right NOW

Yes now is the time and gold has been going up all week and silver always follows it.

Join now!

Hi,

Can anyone please tell me if there is a thread in MMG for
signals on trading gold and silver ? So to know the best
time to buy and sell everydays or weeks...

Best regards

Got more coins in the mail yesterday!

Congratulations Hula!

I got more coins today!! Whooo hoooo!!!

Good for you, Tanya!



Silver Snowball is my favorite program!

I am getting silver for almost $10/ounce! I love this program

Wow, I have to check this out !



Littlebig, we have no idea what it will do...we only know one thing...it always goes up in the long run !

I can't wait until the back office system is complete! This program is just getting started...

So if I am getting this right, you sign up as a member and order a coin a month, and for every 2 coins sold from your website, you get one sent to you, is that correct ?

How fast are the coins sent to you after someone buys them from your site ?

The first coin you buy comes very fast and then he sends out your free coins with your next monthly shipment. This says him on shipping cost as your free coins are really free, no shipping on them.

Great program indeed. Just ordered my next shipment.

Check it out everyone and get something real for a change instead of being scammed.

Bullion

This is the perfect time to get in.. Silver is at a low right now at $17 and WILL rise! There is only so much silver and gold in the world and always a demand for it! It's REAL money that will grow on it's own! think about it... Join the fun while it is still cheap!

Silver is almost at $18 again! what a good day today!

Ed the admin has never missed a beat with this one. I imagine this will be one of the best all time silver coin collecting sites ever.

I am glad that I was able to find him and this awesome opportunity. I have been getting silver from him without a hitch for more than 6 months. I have luckily found about 10 people who feel the same way about this opportunity as I.

Ed, is easy to reach and you can even get him on the phone, if needed.

I cannot wait for the new site to be up and running. Maybe we can get Ed to come in and post on here every now and then, I will see what I can do, I know he is busy.

John
Edit: link removed

[quote name='johnk' post='4867173' date='May 21 2008, 12:00 AM']Ed, is easy to reach and you can even get him on the phone, if needed.

I cannot wait for the new site to be up and running. Maybe we can get Ed to come in and post on here every now and then, I will see what I can do, I know he is busy.

John
Edit: link removed

Ed is rather busy and asked me to handle any questions any of you might have for him. I will try and make it a point to be on here everyday now.

If there are any questions, please put them in numbered format:

1.
2. etc.

I will try to answer all that I can myself, If I cannot answer your questions then I will submit them to Ed as fast as possible.

Thanks,

John

Thanks for the offer but we all correspond with Ed quite often.

Hula,

Of course I posted for the new members that might be interested in join SSB with us.

Back up to $18 today! Get your silver snowball rolling now!!

I just got 3 More coins in the mail today! I love it! Thanks ED. Also my silver team is still coming so when its ready, I'll post it in the team section

Way to go, Nathaniel!

Silver Snowball really rocks!

looks like this baby will be back up to $20/ounce in no time! Join while the subscription price is still cheap!

Good reading from Ed today:

In case you hadn't seen this article that was in the Wall Street Journal on Friday I thought you might find it interesting.


Collectors angered as U.S. rations 'silver eagles'

U.S. Begins Rationing Popular 'Silver Eagles"

By Ianthe Jeanne Dugan
The Wall Street Journal
Friday, May 23, 2008

The government rationed food during World War II and gasoline in the 1970s. Now it's imposing quotas on another precious commodity: 2008 dollar coins known as silver eagles.

The coins, each containing about an ounce of silver, have become so popular among investors seeking alternatives to stocks and real estate that the U.S. Mint can't make them fast enough. In March the mint stopped taking orders for the bullion coins. Late last month it began limiting how many coins its 13 authorized buyers worldwide are allowed to purchase.

"This came out of nowhere," says Mark Oliari, owner of Coins 'N Things Inc. in Bridgewater, Mass., one of the biggest buyers of silver eagles. With customers demanding twice as many as they did last year, Mr. Oliari would like to buy 500,000 a week. But the mint will sell him only around 100,000.

The coins have a face value of $1. But the mint sells them for the going price of silver, plus a small premium, to a handful of wholesalers, brokerage companies, precious-metals firms, coin dealers, and banks. The dealers mark the coins up a bit more and sell them to the public.

For Coins 'N Things alone, the shortage is costing hundreds of thousands of dollars in lost sales of silver eagles. The firm sells about $1 billion worth of precious metal every year, including silver, gold, and platinum coins. Mr. Oliari, a 50-year-old numismatist who has been in the business since 1973, sniffs: "You can't print what I want to say about the mint."

The mint, a bureau of the U.S. Treasury, has offered little explanation beyond a memo last month to its dealers. "The unprecedented demand for American Eagle Silver Bullion Coins necessitates our allocating these coins on a weekly basis until we are able to meet demand," the mint wrote. A spokesman declined to elaborate.

... 'Poor Man's Gold'

The rare shortage offers a glimpse into the growing love of a commodity known as "poor man's gold." With more silver mined than gold traditionally, silver has always been far cheaper than gold and today has less than 2% of gold's value.

But silver is growing in popularity, and some investors are betting that its value will surge as inventory shrinks. Big investors are loading up on silver eagles, which are the only American silver coins allowed in individual retirement plans. For small investors, they are an accessible way to get into the metal boom.

"Unlike gold, these coins can be bought by regular citizens," says J.R. Roland, a Brownsville, Tenn., judge who recently began buying the coins -- and trading them on eBay. "In these economic hard times, silver coins are a great way to invest."

In March, sales of silver eagles surged more than ninefold from the previous month, to 1.85 million. This year, the mint has sold 6.8 million, representing more than twice last year's pace. Still, numismatists are clamoring for millions more as the price of silver soars. It has more than doubled in the past three years.

Linda Wood, a 57-year-old Pittsburgh accountant, scours eBay, coin shops, and flea markets in search of silver eagles. One by one, she has accumulated about 300 in the past few months and stores them in a bank safe-deposit box.

Traditional coin collectors may be impressed with the government's written description of silver eagles as "one of the most beautiful coins ever minted." But Ms. Wood isn't in it for aesthetics. She became a silver bug after she and her husband saw the value of their individual retirement accounts decline by $2,500 -- a "significant" chunk. "I just need bullion," she says. "I wouldn't care if the coins were ugly."

Amid the mint caps, shady silver-eagle hawkers are thriving. Mr. Roland says that he had to wait a month after ordering some on eBay recently, because the sellers didn't even have the goods. "I can't wait long, because you never know what's going to happen with the price," he says.

In Manitowoc, Wis., Dan Zirk, owner of Manitowoc Card & Coin, has sold twice as many silver eagles as he did last year. So he has stashed away his remaining handful of 2008 coins, betting the price will rise. He says customers, meanwhile, are asking for earlier years and other forms of silver.

... Lady Liberty

The government began producing silver eagles in 1986, basing its design on Adolph Weinman's 1916 "Walking Liberty" half dollar. The front features a flag-draped Lady Liberty striding toward the sunrise, carrying branches of laurel and oak symbolizing civil and military glory. On the reverse, a design by John Mercanti features an eagle with a shield, olive branch, and talon and arrows.

The coins are made at an armored facility in West Point, N.Y., alongside the military academy. Dealers say they heard the mint had run out of planchets -- round metal disks ready to be struck into coins. The disks are used for various coins, and the companies producing the blanks also are busy, limiting the mint's ability to increase production. The mint won't comment on the planchets.

... Coins Divvied Up

Each Monday morning now, the mint divides its silver coins into two pools. It divvies up the first equally among authorized purchasers. The second is allocated proportionately, based on the buyer's past purchases. The mint limited purchases once before -- in the late 1990s, when investors loaded up on silver, wrongly anticipating that a failure by the world's computers to adjust to the new millennium would cripple the economy.

Jim Hausman, head of the Gold Center in Springfield, Ill., one of eight companies in the U.S. authorized to buy silver eagles, estimates that the rationing will cut his expected annual sales of four million silver eagles in half.

And the result, he says, is almost un-American.

Increasingly, investors are taking a shine to alternatives. The Royal Canadian Mint saw its sales of silver Canadian maple-leaf bullion coins rise 40% last year, to 3.5 million, according to a spokesman.

Some investors expect the craze to end badly. They draw comparisons to what happened to silver in the 1970s. A rich Texas family poured billions of dollars into silver, and prices surged above $50 an ounce in 1980, only to plunge again after government intervention.

"It's akin to what happened when the Hunt brothers tried to corner the silver market," says Wendell Curry, who owns McAllen Gold & Silver Exchange in McAllen, Texas. "The silver hawks are now trying to corner silver American eagles. And it's making it harder for mom and pop to buy these for their grandchildren."

* * *

Here's brief excerpt from the Silver Stock Report:


By Jason Hommel, May 23rd, 2008

"I sincerely believe that conditions like this come along once in a lifetime, and in silver's case, I've long said that today's opportunity is unique in all of human history.

My gut tells me that silver prices might not stay below $20-25/oz. for more than about another month or two.

Never before has silver been so rare and scarce due to consumption by industry. Never before in all of human history have all nations in the world abandoned silver as money.

No history professor knows anything from history that is even close to what we are seeing today. No event in prior human history can be compared to what we are now witnessing, and will soon witness.

I can only guess as to how high silver is set to go, and my experience is that you don't want to hear it, either.

* * *

Ted Butler who writes for Investment Rarities writes in his latest letter:

"A visitor from another planet would surely be scratching his head about the current price discrepancy between gold and silver. The one that is the more rare and needed is selling for less than 2% of the price of the other. It would quickly occur to the alien that if just 1% of the money in gold switched into silver, that would equal an amount more than 3 times all the silver in existence. The visitor would wonder how so few of the earth's 6.5 billion inhabitants could not see this discrepancy between two items that dated from the birth of human history. I'd be willing to bet that such an alien, should he exist and have a desire to make some big human money, would buy silver."

* * *

Misc. SSB news - Despite the fact that the US Mint is rationing Silver Eagles to some dealers, the dealer interviewed at the top of the Wall Street Journal article is one of the dealers I go to as he's in the town next to me. Because I'm such a steady customer I don't anticipate having trouble getting the silver eagles we need. Plus I use a couple other sources.

Regarding the fully automated, instant replicating sites with full back office features that's coming. The latest I've heard from Adam, owner of webscapeworldwide is, "Finishing your basic install so we can come on to the custom tweaks. Won't be longer than a week maybe even less. Will keep you posted." Knowing Adam I interpret that as it should be done within two or three weeks. Then it could take me a week or two to get everything tested and everyone in the new system. But have my fingers crossed that just maybe things will get done faster. Once we get all your prospects into the new contact manager I'll be able to do a LOT more follow up for you to your prospects who haven't activated yet.

This email is only going to active Silver Snowball members, not your prospects since I don't want to risk sending out additional prospect follow up emails while we are using the AWeber autoresponder (because I didn't "double opt-in" prospects). But feel free to send your version of it to your SSB inquiries. Mention there's an even newer updated chart that shows the recent upside breakout in silver prices (right below the May 12 chart that forecasted the upside breakout that's been happening). Suggest that they hit refresh if they don't see it.

Well that's what's happening at the moment.

Have a great weekend,

Ed
SSB

Silver Snowball has another new member!



Welcome aboard, Lori.

One of the many things I love about this program is that it's never too
late to join. We are all equals here. No one is on the top or on the bottom
like so many other programs.

Join with a monthly subscription and receive a beautiful 1 oz Silver Eagle coin
every month. Earn an additional coin for every 2 coins purchased via your web
site. There's no limit on how many coins you can earn!

Silver Snowball really does have the Simplest Pay Plan on the Planet!

Great news for those smart enough to join and buy Silver coins.

Don't get scammed at other programs. This is for real.

Check it out and read all the info on the site.

I just love getting new 2008 silver eagles in the mail! .. stock up while it's still cheap! Check out Silver Snowball and start earning today!

Did YOU know that silver holds it's value unlike cash and is also untaxable!? Amazing!

I just got another signup that ordered 2 coins. I am now getting 5 ounces of silver for $40 so that equals out to $8 per ounce that I am paying! Anyone can do this NO one is on the bottom and NO one is on top with this program! Just get in and start advertising with your own automated website that does all the conversions for you! Get your Silver Snowball rolling today!!

Words of wisdom from Ed:

I'm sure you heard Friday's news. Here's a few headlines:

Oil up almost $11 to mark its biggest daily dollar gain on record

Last Update: 6/6/2008 4:52:00 PM

Oil prices shoot higher by almost $11 a barrel, scoring their biggest
one-day gain in dollar terms.

Gold Surges Most in Six Months on Jobs Data, Dollar's Slump
June 6 (Bloomberg) -- Gold jumped the most in six months after the U.S.
jobless rate had the biggest gain in more than two decades, spurring a
drop in the dollar. Silver also rose.

The dollar took a nose dive as soon as this jobs data came out, and
that's a big reason we've seen gold move up,'' said Matthew Zeman, a
trader at LaSalle Futures Group in Chicago.

Silver futures for July delivery advanced 34.5 cents, or 2 percent.

U.S. stock indexes end with stiff losses on spike in oil prices

Last Update: 6/6/2008 4:52:00 PM

U.S. stocks drop sharply after the government says the nation’s jobless
rate in May soared to 5.5%, the highest since October 2004, and as the
price of crude-oil futures jumps atop $139 a barrel.

Stocks slump as crude futures close at record high

Dow Jones Industrial Average loses nearly 400 points in 8th-worst such
drop

NEW YORK (MarketWatch) - Slammed hard by the soaring price of crude-oil
futures, which on Friday closed at a new record high, and a rise in the
jobless rate, U.S. stocks more than wiped out weekly gains, with the Dow
chalking up the 8th-largest point drop in the blue-chip index's history.


Dear SSB Member -

When I read the following article my first thought was, "Now that's
a bit too bearish, even for me." Plus it was an article about oil
and while it has tremendous implications for what may happen to the price
of silver, the article really doesn't say anything about silver. So I
originally wasn't going to send it out. Plus I thought that the current
peaks in oil prices might be some sort of bubble. After all I've heard
completely different things about oil. One theory is the world was
running out of oil. The other was that there is enough oil in Alaska to
provide us with oil for the next 200 years but we can't use it because we
made a secret agreement with the countries in OPEC that we'd buy their
oil if they agreed to price it in US Dollars so we could pay for our
growing deficits. Only Iraq and Iran refused to do this so wars were
created, or will soon be created in the case of Iran to solve this
problem. Holy cow - that's a lot of conspiracy stuff. Is there plenty of
oil or are we indeed running out?

That's why I wasn't going to send out the article you are about to read -
because I had no idea whether it could prove true, or whether it was just
one of those contrarian signs that oil prices were peaking. As you know
I'm big on when "everyone" is sure an investment will go one
way that everyone has already invested or sold it so it naturally does
the opposite of what everyone expects.

However . . . with oil so much in the news on Friday, AND more talk of
war in Iran, with gold and silver up big, with stocks down big and a bit
too much of "It's happening right before our eyes", I thought I
should at least let you read the article and decide for yourself if it
has any merit. Maybe it does. And if it does, while the article only
mentions silver once it does all tie in to my belief that IF this
forecast is remotely correct, that certainly silver will return to its
historical place as THE most accepted form of money. It's not going to
matter how it's priced in terms of paper money since paper money may have
no value at all. Silver will be what you need to buy food and other
things to survive. So let's pray that this rather long article is too
extreme. Let's hope it's totally off the mark and just a sign of a top in
oil. And let's be prepared just in case it comes true.

Here it is:


Post Peak Oil - Anarchy and Riots in the Streets



Dear Reader,

Civilization as we know it is coming to an end soon. This is not the
wacky proclamation of a doomsday cult, apocalypse bible prophecy sect, or
conspiracy theory society. Rather, it is the scientific conclusion of the
best paid, most widely-respected geologists, physicists, bankers, and
investors in the world. These are rational, professional, conservative
individuals who are absolutely terrified by a phenomenon known as global
"Peak Oil."

Peak Oil is also called "Hubbert's Peak," named for the Shell
geologist Dr. Marion King Hubbert. In 1956, Hubbert accurately predicted
that US domestic oil production would peak in 1970. Source#1 Source #2 He
also predicted global production would peak around the year 2000, which
it would have had the politically created oil shocks of the 1970s not
delayed it for about 5-10 years.

A mere 15% shortfall in oil production will spike oil prices by 550%

Robert Hirsch on CNBC: Gasoline will soon be $12-to-$15 per gallon

"Big deal. If gas prices get high, I’ll just drive less. Why
should I give a damn?"

Because petrochemicals are key components to much more than just the gas
in your car. As of the year 2002, approximately 10 calories of fossil
fuels are required to produce every 1 calorie of food eaten in the US.
Source The size of this ratio stems from the fact that every step of
modern food production is fossil fuel and petrochemical powered:

Pesticides and agro-chemicals are made from oil;

Commercial fertilizers are made from ammonia, which is made from natural
gas, which is also peaking in the near future. Source

Most farming implements such as tractors and trailers are constructed and
powered using oil-derived fuels.

Food storage systems such as refrigerators are manufactured in
oil-powered plants, distributed using oil-powered transportation networks
and usually run on electricity, which most often comes from natural gas
or coal. Like oil and natural gas, coal too is peaking in the near
future. Source

In the US, the average piece of food is transported almost 1,500 miles
before it gets to your plate. Source In Canada, the average piece of food
is transported 5,000 miles from where it is produced to where it is
consumed. Source

A recent article published by CNN documented just how much fossil fuel
energy is used to produce our food. Emphasis added:

In the U.S., up to 20 percent of the country's fossil fuel consumption
goes into the food chain which points out that fossil fuel use by the food
system in the developed world "often rivals that of automobiles". To
feed an average family of four in the developed world uses up the equivalent
of 930 gallons of gasoline a year - just shy of the 1,070 gallons that
same family would use up each year to power their cars. Source

According to the Organic Trade Association, the production of one pair of
regular cotton jeans takes three-quarters of a pound of fertilizers and
pesticides. Source

In short, people gobble fossil fuels like two-legged SUVs.

Why our food is so dependent on oil

Will the end of oil be the end of the end of food?

How will we grow food after Peak Oil?

Hungering for natural gas

"Are all forms of modern technology actually petroleum
products?"

Yes.

It's not just transportation and agriculture that are entirely dependent
on abundant, cheap oil. Modern medicine, water distribution, and national
defense are each entirely powered by oil and petroleum derived chemicals.

In addition to transportation, food, water, and modern medicine, mass
quantities of oil are required for all plastics, all computers and all
high-tech devices. Some specific examples may help illustrate the degree
to which our technological base is dependent on fossil fuels:

Automobiles:

The construction of an average car consumes the energy equivalent of
approximately 20 barrels (840 gallons) of oil. Source Ultimately, the
construction of a car will consume an amount of fossil fuels equivalent
to twice the car’s final weight. Source

It's also worth noting that the construction of an average car consumes
almost 120,000 gallons of fresh water. Source Fresh water is also rapidly
depleting and happens to be absolutely essential to the petroleum
refining process as each gallon of gasoline requires almost two gallons
of fresh water for refining. Source

Computers:

The construction of the average desktop computer consumes ten times its
weight in fossil fuels. Source

Microchips:

The production of one gram of microchips consumes 630 grams of fossil
fuels. According to the American Chemical Society, the construction of
single 32 megabyte DRAM chip requires 3.5 pounds of fossil fuels in
addition to 70.5 pounds of water. Source

The Environmental Literacy Council tells us that due to the "purity
and sophistication of materials (needed for) a microchip, . . . the
energy used in producing nine or ten computers is enough to produce an
automobile." Source

In his book "The Nine Nations of North America", author Joel
Garreau explains in graphic detail just how much energy it takes to
fashion a typical microprocessor:

. . . microchips are not made one by one. They are printed in
a batch on a silicon wafer, say, four inches in diameter. Each time
a layer of stuff is printed on this silicon wafer, the wafer must be
treated so the stuff you've laid on will stay there. This process is
achieved through the application of monumental quantities of energy.
In effect, as each layer of the circuit is laid on, the whole wafer is
"baked" at temperatures sometimes high enough to reach the outer
limits of technology. Source

The Internet:

Contrary to popular belief, the internet consumes tremendous amounts of
energy. Author John Michael Greer explains:

The explosive spread of the internet, finally, was also a product of the
era of ultracheap energy. The hardware of the internet, with its worldwide
connections, its vast server farms, and its billions of interlinked home
and business computers, probably counts as the largest infrastructure
project ever created and deployed in a two decade period in history. The sheer
amount of energy that's been been invested to create and sustain the
internet beggars the imagination. Source

Recent estimates indicate the infrastructure necessary to support the
internet consumes 10% of all the electricity produced in the United
States. Source The overwhelming majority of this electricity is produced
using coal or natural gas, both of which, as explained momentarily, are
also near their global production peaks. Source #1 Source #2
Source #3 Source #4 Source #5

Concrete, Asphalt, Highways, and Modern Cities:

It is hard to precisely quantify how much energy is necessary to
construct and maintain a modern city. Some of NASA's recent images of
cities, however, hint that the volumes energy invested in modern cities
is almost unfathomably prodigious. Consider, for instance, the following
NASA image of Los Angeles:

Image of Los Angeles, courtesy of NASA's Visible Earth Site

When studying the above image, keep in mind that the manufacturing of one
ton of cement requires 4.7 million BTUs of energy, which is the amount
contained in about 45 gallons of oil or 420 pounds of coal. Source

"What about alternative energy systems like solar panels and wind
turbines? Are they also manufactured using petroleum and petroleum
derived resources?"

Yes.

When considering the role of oil in the production of modern technology,
remember that most alternative systems of energy ­ including solar
panels/solar-nanotechnology, windmills, hydrogen fuel cells, biodiesel
production facilities, nuclear power plants, etc. all rely on
sophisticated technology and energy-intensive forms of metallurgy.

In fact, all electrical devices make use of silver, copper, aluminum and
platinum, each of which is discovered, extracted, and fashioned using oil
or natural gas powered machinery. For instance, in his book, The Lean
Years: Politics of Scarcity, author Richard J. Barnet writes:

To produce a ton of copper requires 112 million BTU's or the equal of
17.8 barrels of oil. The energy cost component of aluminum is 20 times
higher.

Author Joel Garreau, in the same chapter of his book "The Nine
Nations of North America" that was cited above, explains how
energy-intensive the manufacture of aluminum is:

The manufacturing of aluminum requires inexpensive energy as its most
important raw material. It takes twelve times as much power to create a
pound of aluminum as it does to make a pound of iron. A good sized
aluminum plant uses as much power as a city of 175,000 people. Source

Nuclear energy requires uranium, which is also discovered, extracted, and
transported using oil powered machinery.

For more information on metals shortages and energy production, see:

Scarcity of aluminum, copper threaten solar installations

Scarcity of highly refined silicon threatens solar industry

Dwindling supply of rare metals imperils innovation

World running out of platinum, common elements

Global shortage of metals looming
***************************************************************************

Most of the feedstock (soybeans, corn) for biofuels such as biodiesel and
ethanol are grown using the high-tech, oil-powered industrial methods of
agriculture described above.

In short, the so called "alternatives" to oil are actually
"derivatives" of oil. Analyst John Michael Greer offers the
following rather lucid explanation of this often over-looked
relationship:

The issue is not one of "running out" so much as it is not
having enough to keep our economy running. In this regard, the
ramifications of Peak Oil for our civilization are similar to the
ramifications of dehydration for the human body. The human body is 70
percent water. The body of a 200 pound man thus holds 140 pounds of
water. Because water is so crucial to everything the human body does, the
man doesn't need to lose all 140 pounds of water weight before collapsing
due to dehydration. A loss of as little as 10-15 pounds of water may be
enough to kill him.

In a similar sense, an oil based economy such as ours doesn't need to
deplete its entire reserve of oil before it begins to collapse. A
shortfall between demand and supply as little as 10 to 15 percent is
enough to wholly shatter an oil-dependent economy and reduce its
citizenry to poverty.

The effects of even a small drop in production can be devastating. For
instance, during the 1970s oil shocks, shortfalls in production as small
as 5% caused the price of oil to nearly quadruple. The same thing
happened in California a few years ago with natural gas: a production
drop of less than 5% caused prices to skyrocket by 400%.

Fortunately, those price shocks were only temporary.

The coming oil shocks won't be so short lived. They represent the onset
of a new, permanent condition. Once the decline gets under way,
production will drop (conservatively) by 3% per year, every year. War,
terrorism, extreme weather and other "above ground"
geopolitical factors will likely push the effective decline rate past 10%
per year, thus cutting the total supply by 50% in 7 years. Source

These estimate comes from numerous sources, not the least of which is
Vice President Dick Cheney himself. In a 1999 speech he gave while still
CEO of Halliburton, Cheney stated:

By some estimates, there will be an average of two-percent annual growth
in global oil demand over the years ahead, along with, conservatively, a
three-percent natural decline in production from existing reserves. That
means by 2010 we will need n additional 50 million barrels per day.
Source

Cheney's assesement is supported by the estimates of numerous
non-political, retired, and now disinterested scientists, many of whom
believe global oil production will peak and go into terminal decline
within the next five years, if it hasn't already. Source

Many industry insiders think the decline rate will far higher than Cheney
anticipated in 1999. Andrew Gould, CEO of the giant oil services firm
Schlumberger, for instance, recently stated that "An accurate
average decline rate of 8% is not an unreasonable assumption."
Source Some industry analysts are anticipating decline rates as high as
13% per year. Source A 13% yearly decline rate would cause gobal
production to drop by 75% in less than 11 years.

If a 5% drop in production caused prices to triple in the 1970s, what do
you think a 50% or 75% drop is going to do?

Estimates coming out of the oil industry indicate that this drop in
production has already begun. Source The consequences of this are almost
unimaginable. As we slide down the downslope slope of the global oil
production curve, we may find ourselves slipping into something best
described as a "post industrial stone age." Source

Some people believe that no new refineries have been built due to the
efforts of environmentalists. This belief is silly when one considers how
much money and political influence the oil industry has compared to the
environmental movement. Do you really think Ronald Reagan and George H.
Bush were going to let a bunch of pesky environmentalists get in the way
of oil refineries being built if the oil companies had really wanted to
build them?

The real reason no new refineries have been built for almost 30 years is
simple: any oil company that wants to stay profitable isn't going to
invest in new refineries when they know there is going to be less and
less oil to refine.

In addition to lowering their investments in oil exploration and refinery
expansion, oil companies have been merging as though the industry is
living on borrowed time:

December 1998: BP and Amoco merge;

April 1999: BP-Amoco and Arco agree to merge;

December 1999: Exxon and Mobil merge;

October 2000: Chevron and Texaco agree to merge;

November 2001: Phillips and Conoco agree to merge;

September 2002: Shell acquires Penzoil-Quaker State;

February 2003: Frontier Oil and Holly agree to merge;

March 2004: Marathon acquires 40% of Ashland;

April 2004: Westport Resources acquires Kerr-McGee;

July 2004: Analysts suggest BP and
Shell merge;

April 2005: Chevron-Texaco and Unocal merge;

June 2005: Royal Dutch and Shell merge;

July 2005: China begins trying to acquire Unocal

June 2006: Andarko proposes buying Kerr McGee

July 2007: BP-Shell "Mega Merger" rumored

While many people believe talk of a global oil shortage is simply a
conspiracy by "Big Oil" to drive up the prices and create
"artificial scarcity," the rash of mergers listed above tells a
different story. Mergers and acquisitions are the corporate world's
version of cannibalism. When any industry begins to contract/collapse,
the larger and more powerful companies will cannibalize/seize the assets
of the smaller, weaker companies.

(Note: for recent examples of this phenomenon outside the oil industry,
see the airline and automobile industries.)

The Big Oil companies have also been (quitely) buying back their own
stock at an alarming rate. According to an Bloomberg News article dated
October 1st, 2007:
As mentioned previously, this is exactly what happened during the oil
shocks of the 1970s - shortfalls in supply as little as 5% drove the
price of oil up near 400%. Demand did not fall until the world was mired
in the most severe economic slowdown since the Great Depression. The only
thing that alleviated the economic crisis was the discovery of the
world's last few "elephant" sized oil fields in the North Sea
and Alaska as well as increased production from nations like Venezuela
and Saudi Arabia. Once global oil production peaks (if it hasn't already)
turning to new sources of supply won't be an option.

As affordable oil is necessary to power any serious attempt at an a
switchover to alternative sources of energy, these extreme prices will
severely hamstring if not - completely cripple - the ability of the
market to handle these problems. The economic fallout from high prices
will almost certainly geopolitical tensions (i.e. war) thereby futher
hampering the development of large-scale alternative sources of energy.
Worse still, in a global environment characterized by massive
energy-wars, the bulk of the world's financial capital is likely to be
disproportionately invested in weapons technologies over alternative
energy technologies.

For more information, see:

Big Banks preparing for Peak Oil by investing in weapons-makers

The markets begin facing Peak Oil

Our highly-efficient economy is highly-susceptible to catastrophe

Fundamental errors of free market ideology in regards to energy

It is becoming evident that the financial and investment community begins
to accept the reality of Peak Oil, which ends the first half of the age
of oil. They accept that banks created capital during this epoch by
lending more than they had on deposit, being confident that tomorrow’s
expansion, fuelled by cheap oil-based energy, was adequate collateral for
today’s debt. The decline of oil, the principal driver of economic
growth, undermines the validity of that collateral which in turn erodes
the valuation of most entities quoted on Stock Exchanges. Source
Commentator Robert Wise explains the connection between energy and money
as follows:

It's not physics, but it's true: money equals energy. Real, liquid wealth
represents usable energy. It can be exchanged for fuel, for work, or for
something built by the work of humans or fuel-powered machines. Real cost
reflects the energy cost of doing something; real value reflects the
energy expended to build something.

Nearly all the work done in the world economy, all the manufacturing,
construction, and transportation, is done with energy derived from fuel.
The actual work done by human muscle power is miniscule by comparison.
And, the lion's share of that fuel comes from oil and natural gas, the
primary sources of the world's wealth. Source
In October 2005, the normally conservative London Times acknowledged that
the world's wealth may soon evaporate as we enter a technological and
economic "Dark Age." In an article entitled "Waiting for
the Lights to Go Out" Times columnist Bryan Appleyard reported:
Oil is running out; the climate is changing at a potentially catastrophic
rate; wars over scarce resources are brewing; finally, most shocking of
all, we don't seem to be having enough ideas about how to fix any of
these things.

Almost daily, new evidence is emerging that progress can no longer be
taken for granted, that a new Dark Age is lying in wait for ourselves and
our children . . . growth may be coming to an end. Since our entire
financial order from interest rates, pension funds, insurance, to
stock markets is predicated on growth, the social and economic
consequences may be cataclysmic. Source
If you want to understand just how cataclysmic these consequences might
be, consider the current crisis in the UK as a "preview of coming
attractions." The London Telegraph recently reported:
The Government has admitted that companies across Britain might be forced
to close this winter because of fuel shortages. "The balance between
supply and demand for energy is uncomfortably tight. I think if we have a
colder -than-usual winter given the supply shortages, certain industries
could suffer real difficulties." The admission was made after this
newspaper revealed that Britain could be paralysed by energy shortages if
the winter is colder than average.

The Met Office says there is a 67 per cent likelihood of prolonged cold
this year after almost a decade of mild winters. That, coupled with high
fuel prices, raises the fear that industry will not be able to cope.
Source
In May 2007 the London Times published excerpts from a study about the
future of Britain's electrical grid. According to the study, fears of a
catastrophic energy crisis occuring within the next 10 years can no
longer be dismissed as "apoclyptic fantasies", emphasis added:
Across Britain, cities are plunged into darkness. In London, the
Underground grinds to a halt, leaving panicked commuters stranded in
oppressively hot carriages. In office blocks, lifts stop operating and
the air-conditioning shuts down. Employees swelter in stifling
conditions.

This is not the postapocalyptic vision of some film-maker, but a
realistic scenario as Britain grapples with a looming energy crisis. The
statistics are frightening. In only eight years, demand for energy could
outstrip supply by 23% at peak times, according to a study by the
consultant Logica CMG. The loss to the economy could be £108 billion each
year. Source

The severe consequences of these shortfalls have prompted the UK
government to look into draconian energy conservation measures that would
be enforced via house-to-house searches by a force of
"energy-police."

Parts of the US are facing similarly dire possibilities. For example, US
News and World Report recently published a six page article documenting
the nightmarish scenarios soon to unfold across North America. According
to the normally conservative publication, people in the northeastern US
could soon be facing massive layoffs, rotating blackouts, permanent
industrial shutdowns, and catastrophic breakdowns in public services as a
result of shortages of heating oil and natural gas. Source

The age of technological revolution is coming to an end

Pentagon physicist: "We are entering a dark age of innovation"

"What does all of this mean for me?"

What all of this means, in short, is that the aftermath of Peak Oil will
extend far beyond how much you will pay for gas. To illustrate: in a July
2006 special report published by the Chicago Tribune, Pullitzer Prize
winning journalist Paul Salopek described the consequences of Peak Oil as
follows:

. . . the consequences would be unimaginable. Permanent fuel shortages
would tip the world into a generations-long economic depression. Millions
would lose their jobs as industry implodes. Farm tractors would be idled
for lack of fuel, triggering massive famines. Energy wars would flare.
And carless suburbanites would trudge to their nearest big box stores,
not to buy Chinese made clothing transported cheaply across the globe,
but to scavenge glass and copper wire from abandoned buildings. Source
Journalist Jonathan Gatehouse summarized the conclusions of Oxford
trained geologist Jeremy Leggett, author of The Empty Tank: Oil, Gas, Hot
Air, and the Coming Financial Catastrophe, in a 2006 Macleans article as
follows, emphasis added:
. . . when the truth can no longer be obscured, the price will spike, the
economy nosedive, and the underpinnings of our civilization will start
tumbling like dominos. "The price of houses will collapse. Stock
markets will crash. Within a short period, human wealth -- little more
than a pile of paper at the best of times, even with the confidence about
the future high among traders -- will shrivel." There will be
emergency summits, diplomatic initiatives, urgent exploration efforts,
but the turmoil will not subside. Thousands of companies will go
bankrupt, and millions will be unemployed. "Once affluent cities
with street cafés will have queues at soup kitchens and armies of
beggars. The crime rate will soar. The earth has always been a dangerous
place, but now it will become a tinderbox."

By 2010, predicts Leggett, democracy will be on the run . . . economic
hardship will bring out the worst in people. Fascists will rise, feeding
on the anger of the newly poor and whipping up support. These new rulers
will find the tools of repression -- emergency laws, prison camps, a
relaxed attitude toward torture -- already in place, courtesy of the war
on terror. And if that scenario isn't nightmarish enough, Leggett
predicts that "Big Oversight Number One" -- climate change --
will be simultaneously making its presence felt "with a vengeance." On
the heels of their rapid financial ruin, people "will now watch aghast as
their food and water supplies dwindle in the face of a climate going awry."
Prolonged droughts will spread, decimating harvests. Source

If you are focusing solely on the price at the pump, buying a hybrid car,
or getting some of those energy efficient light bulbs, you aren’t seeing
the bigger picture.

Heed the Warning Signs - NOW!

SO THIS MEANS BUY SILVER COINS TODAY AND DON'T DELAY!

Yes start your collection and get ready to watch it grow in value.

Invest the smart way.

Earn a 1 Oz. coin for every 2 coins you refer! Easy!!

I just talked to Ed and he says that in a few days we should have a complete back office up and running! can't wait!

That is excellent news! A complete back office will really aid in tracking our referrals and such. This just keeps getting better and better. Had another sign up while I was on vacation. Can't beat that!

Ken

Has anyone seen what Silver Eagles are going for on Ebay?? These coins are very profitable! Save for the long term or easily turn them into cash to pay that bill

oops

With Silver Snowball you earn a 1 ounce Silver Eagle coin for every 2 that you refer! There is absoloutely no limits to how many you can earn which gives you a great opportunity to get silver at a cheap price! I have personally been a member for almost 3 months and I am getting silver at about $7/ounce delivered to my door

Yes this is a great way of accumulating silver. Just received my silver coins again the other day.


Ken

Silver is really cheap right now! Everyone should take advantage of the price and check out Silver Snowball today. What are YOUR profits going to be when silver reaches $50 again in the near future!?

Have you heard anymore about the back office?

Thanks,

Ken

I haven't heard anything new yet. I am curious to what is going on myself... I'll send Ed an E-mail and post back here afterwards.

This is what Ed had to say about the back office...

"completed most of the installation and have sent me a couple "manuals" to study to learn how to set things up. They just sent me an email today asking me for all the inquiry leads I have but needed it in a certain format I didn't understand so I wrote back for clarification. There about 150 new files they've installed in my hosting account. So it's all really going to happen and I've been getting updates from them almost every day the past few days."

Be patient everyone it is coming!

Thanks for the update.

I had a Silver coin waiting for me when I got back from vacation.

Get silver at a cheap price with Silver Snowball!

Absolutely no limit to how many you can earn!

I am getting 5 Oz's of silver for $40 and you can too!

Turn them around and sell them on E-bay for the quick cash! They sell like hot cakes check it out!

it looks like silver is going for another run! has anyone seen the charts lately? looks like we will be up to $20 spot price pretty soon. Get in while the subscription price is still low!

Received more stunning Silver Eagles in the mail today.

I still get excited when I open the package.

Yep, I received more coins too!

Any new updates on new back office?

Went to monthly coin show on Sunday and they were all still complaining that 2008 Silver Eagles are hard to get.

I'm glad I have over 50 of them in the bank now.