Silver Ready To Blast Off ~ Nick Santiago--Stocks Getting Ready To Run Out Of Steam-11.Oct.13

www.FinancialSurvivalNetwork.com presents
Nick Santiago has an uncanny sense of market timing. He sees the Dow and other stock indicies running out of steam very shortly. The Euro seems to be getting close to another top as well. He believes that gold and especially silver are poised for large increases. It's important to note that Nick is not a gold bug, but rather trades in any market where he believes that he can realize a profit. Combined with his prior calls, his forecasts carry added weight. We'll be watching them to see if Nick has call yet another one correctly. 



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

THE BANKSTERS ARE BUYING "PHYSICAL" SILVER BEHIND THE SCENE TOO!

 HSBC has quietly moved into acquiring large amounts of silver bullion..
The bank has secured another deal to buy silver bars from KGHM which brings their total purchases of silver from KGHM alone in the last 12 months to $876 million or PLN 3.65 billion..
KGHM is one of the largest producers of silver in the world and is the second-largest producer of refined silver in the world..
They produce silver bars registered under the brand KGHM HG that are attested to by "Good Delivery" certificates issued by the London Bullion Market Association and the Dubai Multi Commodities Centre..
Listed metals producer KGHM signed an estimated PLN 1.67 billion deal on 2013 sales of silver to HSBC, KGHM said in a market filing yesterday..
The deal puts the total value of deals between KGHM and HSBC in the last 12 months to PLN 3.65 billion or $876 million, the filing read..
The Management Board of KGHM announced that on 21 January 2013 a contract was entered into between KGHM and HSBC Bank USA N.A., London Branch for silver sales in 2013..
The estimated value of the contract is PLN 1,672,260,469.66. As a result of entering into this contract, the total estimated value of contracts entered into between KGHM and HSBC Bank USA N.A., London Branch over the last 12 months exceeded 10% of the equity of the Company and amounts to PLN 3,654,120,061.59..
The highest-value contract signed during this period is the above-mentioned contract. The criteria used for describing the contract as significant is that the total estimated value of the contracts exceeds 10% of the equity of KGHM..
KGHM is one of the largest companies in Poland and one of the largest mining & metallurgy companies in the world..
The main customers of Polish silver in recent years have been the United Kingdom, Germany and Belgium. HSBC appears to be one of their main customers now..
Respected and erudite, James Steel, the chief commodity analyst at HSBC Securities (USA) Inc. continues to be bullish on silver and recently said how "silver tends to track gold, except it over performs in a bull market" and how he was "moderately bullish on silver" in 2013..
HSBC did not comment on the deal and it only came to light as KGHM is a listed company and had to report the deal which was then picked up in Polish media..
The massive deal could simply be HSBC securing supply for the NYSE listed ETFS Physical Silver as they are the custodian..
Or it could be that HSBC's senior banksters are concerned about securing supply as they expect robust investment demand to continue and possibly increase resulting in higher prices too...



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

David Morgan explains the manipulation of the precious metals market

The 2 million ounces dump on the CME is a great example of gold manipulation.



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

October FOMC Expectations: No Tapering QE Until March! Government Shutdown Slowed Growth

 A survey revealed that economists believe the Fed will not taper QE in October and instead start to taper in March. I wonder what they'll be saying in March!! The effect on gold and silver should be quite interesting.

The Federal Reserve will delay the first reduction in its bond purchases until March after the government shutdown slowed fourth-quarter growth and interrupted the flow of data, economists said. Policy makers will pare the monthly pace of asset buying to $70 billion from $85 billion at their March 18-19 meeting, according to the median of 40 responses in a Bloomberg News survey of economists. The 16-day budget impasse in Washington reduced growth by 0.3 percentage point this quarter, economists said in the survey.

Forecasters, surprised when the Fed opted against tapering at its Sept. 17-18 meeting, pushed out their expectations after the shutdown furloughed as many as 800,000 federal workers. The closing also disrupted collection and publication of economic reports the Fed says it needs to determine whether the expansion is strong enough to handle less monetary stimulus. "It's going to be harder to extract the signal from the data, and the Fed's policies are tied to the data," said Laura Rosner, a U.S. economist at BNP Paribas SA in New York and a former researcher at the Federal Reserve Bank of New York who expects the first tapering in March. "They're waiting for more confirmation the economy is moving in the direction of their outlook, and if we don't have data or it's inconclusive, then the Fed isn't going to feel confident enough in the outlook."
The U.S. central bank will reduce monthly purchases to a $25 billion pace by July and end the program at the October 2014 meeting, according to the survey conducted this week. Chairman Ben S. Bernanke's second term ends Jan. 31, and President Barack Obama has nominated Vice Chairman Janet Yellen to succeed him.

Growth remained "modest to moderate" as consumer spending maintained gains and business investment grew, the Fed said. Employment growth "remained modest" in September, and price and wage pressures "were again limited."
The Fed is pressing on with its third round of quantitative easing begun in September 2012, and officials pledged to continue buying until achieving "substantial improvement" in the labor market. The purchases have swollen the Fed's balance sheet to a record $3.81 trillion.
Americans in October were the most pessimistic about the nation's economic prospects in almost two years, as concern mounted that the political gridlock in Washington would hurt the expansion, according to the Bloomberg Consumer Comfort Index of expectations.
"A lot of the impact really depends on the behavior of consumers during that time," said Drew Matus, an economist at UBS AG in Stamford, Connecticut, and a former markets analyst at the New York Fed, who expects the central bank to begin reducing purchases in January. "The fact that most government workers knew that they were going to get their money is probably one of the reasons if you went golfing in the last couple weeks you probably had trouble getting tee times." Source: Bloomberg.com/news/2013-10-18/fed-qe-tap

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MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

David Morgan - U.S. Government fiscal crisis has eroded economic confidence.

David Morgan, James Flanagan - MoneyandWealth Show October 19, 2013  : David Morgan - U.S. Government fiscal crisis has eroded economic confidence.
James Flanagan - Unique 60 year cycle - predictions.



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet