David Morgan ..what's happening is reflective of the currency problems the dollar particularly cause it is still the reserve currency of the world , Silver is under fire for quite sometime increasing by almost a buck or more a day David Morgan explains , uncertainty in the market distrust of the US dollar are going to propulse gold and silver prices even higher , the dollar as any other FIAT currency is going to collapse, what is worrisome is that the US Dollar is the world's reserve currency ...David Morgan, the Silver Guru of Silver-Investor.com weighs in on the gold/silver ratio, fiat currency, inflation and a host of other related issues.this interview was done when the Silver price was hovering around the $50 an ounce ....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Saturday, May 7, 2011
Bob Chapman : JP Morgan Chase did one of the biggest market manipulations of all times
Bob Chapman : here is what happened JPM JP Morgan Chase , HSBC are naked short on a 45 to one (nine to one is normal) Silver they are naked they can't deliver so they have decided they are gonna drive the price down as far as they could , and what they did , and here remember that Morgan is the biggest share holder in the Federal Reserve Bank , and HSBC Goldman Sachs Citi Group they're all involved , and they're the owners of the FED , they told the CME which owns the COMEX to raise margin requirements never in history have they raised them five times in nine days , now if that's not rigging the market I do not know what it is ...and I have been for 29 years in the brokerage business on top of that what they did is they called all the major commodity brokers and told them they wanted them to recommend that commodities be sold especially gold and silver , and to double the internal margin in their firms ....that wiped out every small investors in commodities and gold and silver and many of the middle sized ones and this is what they did one of the biggest market manipulations of all times , billions of dollars were lost
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Bob Chapman
The Silver Crash - caused by manipulation not The Market
Silver has declined significantly this week in response to equity requirement hikes in commodities margin accounts. This has triggered a massive margin call wave resulting in heavy liquidations. The tightening of trading credit will effectively quell inflation, even in the face of a rising debt limit and possible default on US bonds, and may revitalize the economy.They just raised the margin on silver...that tell me that they are afraid of silver. It tells me that silver is good, but physical. Asia do not buy the paper fraud they are accumulating physical, Westerners' do the same thing!!!!!! The CME was told by the Us Government to do what they did to break the back of the precious metals market , now you have to put up five times as much money as you did 9 days ago and that's not true for the short-side of the market , those shorting have to put two times ...what happened is unprecedented and illegal..
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Silver Crash
Steve Quayle : the silver market is getting ready to explode in June
Steve Quayle : I want to say something about silver , there is a massive undertaking going on the paper market which is not representative of the physical market according to Cliff High of halfpassthuman (Webbot project) we are going to see in June forward gold and silver prices are going to go beyond anything occurred in may , now the reason for that is that silver is going to come into a whole new use for the new electrics which China is leading the forefront in background so ladies and gentlemen those of you who have purchased silver even at the highest prices hold on because you have not seen anything yet and according again to some people I am talking to there is a massive disinvestment in the ETFs. Steve Quayle & Dr Steve Pieczenik Survive To Thrive Broadcast 05/05/2011 , this is all a paper manipulation please be patient if you have spent any money on silver you will be rewarded ....the silver market is getting ready to explode
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Steve Quayle
Friday, May 6, 2011
Lindsey Williams : COMEX Massive silver shortages and collapse of EURO and USD in 2011
Lindsey Williams : COMEX Massive silver shortages and collapse of EURO and USD in 2011 .Since this recent desperate move of changing margin requirements several times I wonder how much time is left to default? Any opinions? I feel it is this year 2011. This webbot thing is kind of interesting.
A recent interview with Lindsey Williams on Alex Jones has him mentioning that some rich folks did get wind of the silver leveraged position of the COMEX and started withdrawing silver by the millions of ounces, supporting the web bots analysis. At the silver prices and with backwardation of the spot price, it won't be long before the COMEX goes bust and the paper and physical silver prices diverge.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
A recent interview with Lindsey Williams on Alex Jones has him mentioning that some rich folks did get wind of the silver leveraged position of the COMEX and started withdrawing silver by the millions of ounces, supporting the web bots analysis. At the silver prices and with backwardation of the spot price, it won't be long before the COMEX goes bust and the paper and physical silver prices diverge.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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COMEX,
Lindsey Williams
There is less than one quarter of an ounce silver per capita above ground
The COMEX is manipulating the silver Market ,The volatility in silver market was created by the combination of the bubble forming and the CME decision to increase the margins , The CME increased margins 5 times! this is forcing investors to sell , they raised margin requirements from $9000 to $21000 in five days ! there is no small investor that can handle that so they are all wiped out ,Guys like George Soros and Carlos Slim are dumping paper, not real. They never had any to begin with....Its all just blips on a screen and some day soon, we will hold the worlds real wealth....
The total amount of above ground silver on a per capita basis is less than one quarter of an ounce per person , if this is not a shortage than what is it ?????
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
The total amount of above ground silver on a per capita basis is less than one quarter of an ounce per person , if this is not a shortage than what is it ?????
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Thursday, May 5, 2011
High Frequency Trading in the Silver Market - Unsustainable! CNBC 5/5/2011
High Frequency Trading in the silver market .The paper games days are numbered too fast and it's just unsustainable for the markets to even control
Separating speculation from supply and demand, with Daniel Fisher, MBF Trading. . Daniel Fisher : this is so fast and so ridiculous, it's -- i can't even fathom these markets because when you watch silver move during the day, even if you're on the right side of the trade, the speed at which it's going on, it's unfathomable. i mean, the truth is these moves down, the corrections are all so overexaggerated by all the high frequency trading that ifru just slowed down we wouldn't see oil down 10 bucks today, wouldn't see brent trading down, you know, down below. Daniel, it's joe. when you talk about high frequently trading in the commodities space, people know about high frequency trading and stocks. how does it work in the futures mark? i mean, it's a similar deal. you have computers that are running each other in essentially. bidding and offering at the same time and they know when the large orders are coming so when you see a big sale in oil coming in, 100 lots, computers know they are coming and they essentially front run the order, and they front run each other and just run each other in. it's too fast and it's just unsustainable for the markets to even control.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Separating speculation from supply and demand, with Daniel Fisher, MBF Trading. . Daniel Fisher : this is so fast and so ridiculous, it's -- i can't even fathom these markets because when you watch silver move during the day, even if you're on the right side of the trade, the speed at which it's going on, it's unfathomable. i mean, the truth is these moves down, the corrections are all so overexaggerated by all the high frequency trading that ifru just slowed down we wouldn't see oil down 10 bucks today, wouldn't see brent trading down, you know, down below. Daniel, it's joe. when you talk about high frequently trading in the commodities space, people know about high frequency trading and stocks. how does it work in the futures mark? i mean, it's a similar deal. you have computers that are running each other in essentially. bidding and offering at the same time and they know when the large orders are coming so when you see a big sale in oil coming in, 100 lots, computers know they are coming and they essentially front run the order, and they front run each other and just run each other in. it's too fast and it's just unsustainable for the markets to even control.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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High Frequency Trading,
the Silver Market
No Panic ! Time To Buy Silver CNBC 06/05/11
A Great time to buy physical silver.
busy market day after an enormous rally. silver selling off. the precious metal down by about 20% just since Monday when margin requirements were margin requirement raised by the CME .Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
busy market day after an enormous rally. silver selling off. the precious metal down by about 20% just since Monday when margin requirements were margin requirement raised by the CME .Silver has dropped more than 20% this week, since margin requirements were raised. Who is cashing in on silver? CNBC's Brian Sullivan has the details.margins going up tomorrow and also again on Monday. they've raised then twice. four times in the last couple of trading weeks. that is a big deal. as of last night, 18,900 bucks, going to tonight and Monday the margin requirement goes up to $21,6 . compare that to a year ago, over $4,000.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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CME
Silver Crashes, Gold slides, Dollar bounce, CME increases margins
The silver market has crashed from its near all of $50 an ounce. Silver has made a bull run from August of 2010 to April 2011. In that time frame silver has went form $18 to $50 silver.The CME raised margin requirements and the cost of a contract going forward will be $21,600 by doing so the drove all small speculators out of the silver market. This is a forced consolidation ,a temporary pull-back but a great opportunity to by physical and hold it for the long run
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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CME
Wednesday, May 4, 2011
iShares Silver Trust (SLV) scam exposed
iShares Silver Trust (SLV) scam exposed
GET PHYSICAL iShares Silver Trust (SLV) scam exposed . BUY PHYSICAL ONLY ! Never trust banks with your physical metal.I knew this about the SLV (and GLD) but everyone should know this info!The GLD and SLV are insurance policies securing a lifeboat on the Titanic, but if she hits an iceberg then the insurance becomes payable in cash. Beautiful.To trust a banker is like trusting the devil. Don't cry when you get burned. Owning physical is the only way to go now. A year or two ago they changed the wording from "the trust holds silver" to "The trust is EXPECTED TO hold silver. Why the change?! It's almost like, you go to the vaults, and lo and behold they have aluminum bars (not silver) and the custodian and the trustee both said, "Well, gee, we EXPECTED them to be silver. Oh well. Too bad for you ... we put it in the prospectus, so don't say we didn't warn you
GET PHYSICAL iShares Silver Trust (SLV) scam exposed . BUY PHYSICAL ONLY ! Never trust banks with your physical metal.I knew this about the SLV (and GLD) but everyone should know this info!The GLD and SLV are insurance policies securing a lifeboat on the Titanic, but if she hits an iceberg then the insurance becomes payable in cash. Beautiful.To trust a banker is like trusting the devil. Don't cry when you get burned. Owning physical is the only way to go now. A year or two ago they changed the wording from "the trust holds silver" to "The trust is EXPECTED TO hold silver. Why the change?! It's almost like, you go to the vaults, and lo and behold they have aluminum bars (not silver) and the custodian and the trustee both said, "Well, gee, we EXPECTED them to be silver. Oh well. Too bad for you ... we put it in the prospectus, so don't say we didn't warn you
Banksters use CME to Drive Silver Prices Down
Silver Manipulation Escalates as Desperate Banksters use CME to Drive Prices Down , a great opportunity to buy the dip , this opportunity may never present itself again ... CME raises silver margin requirements for 4th time .Margin requirement in silver: you have to put $15,000 down to bet on 5000 oz of silver. So $15,000 controls $200,000 of silver.Raising the margin requirement means you have to put more money down as collateral before you can bet on silver.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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CME
Silver ETF Warning - SLV ETF PONZI scheme - 5/4/2011
"The major problem with all these ETFs is that this one is physically based so in essence what you have , you have a Ponzi Scheme ". CME raises silver margin requirements for 4th time .Margin requirement in silver: you have to put $15,000 down to bet on 5000 oz of silver. So $15,000 controls $200,000 of silver.Raising the margin requirement means you have to put more money down as collateral before you can bet on silver. There will be 2 prices for silver. The Physical price and the Paper price..choose wisely! Noel Archard, iShares managing director on the SLV Silver ETF, explains whether investors should be worried on silver's selloff today.
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SLV
Dont Panic, Buy and Hold Physical Silver!!
Don't Panic, Buy and Hold Physical Silver !!
The manipulation in the silver market right know this is crazy. The price dropped almost 4 dollars in under 7 hours I have been watching the price since I got home from work about 3. The price went from 44. 21 to 40.60 in under 7 hours, the made 4 heavy drops hitting the 40.60 mark. We had 44.21 down to 42.52 from there down to 41.38 another big drop to 40.76 bottoming out at 40.60. Now it bounced around a little in between but sank fast. After it hit 40.76 it struggled back up to 41.83 before it bottomed at the 40.60 mark an hour and a half later I HAVE TANGIBLE PYHSICAL SILVER. Just look outside the scenarios that have been laid out by the major news outlets and paper shoppers and see for yourself what is really going on with silver. Go on the major online dealers websites and which ones you go to I don't not care you will see the truth about silver it is extremely hard to obtain physical right now. The U.S. mint is not currently making silver eagles, the major dealers and local dealers all have delays on eagles and a lot of other bars and rounds have a wait or in a sense backorder on eagles and one oz.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
The manipulation in the silver market right know this is crazy. The price dropped almost 4 dollars in under 7 hours I have been watching the price since I got home from work about 3. The price went from 44. 21 to 40.60 in under 7 hours, the made 4 heavy drops hitting the 40.60 mark. We had 44.21 down to 42.52 from there down to 41.38 another big drop to 40.76 bottoming out at 40.60. Now it bounced around a little in between but sank fast. After it hit 40.76 it struggled back up to 41.83 before it bottomed at the 40.60 mark an hour and a half later I HAVE TANGIBLE PYHSICAL SILVER. Just look outside the scenarios that have been laid out by the major news outlets and paper shoppers and see for yourself what is really going on with silver. Go on the major online dealers websites and which ones you go to I don't not care you will see the truth about silver it is extremely hard to obtain physical right now. The U.S. mint is not currently making silver eagles, the major dealers and local dealers all have delays on eagles and a lot of other bars and rounds have a wait or in a sense backorder on eagles and one oz.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Physical Silver Shortage
Tuesday, May 3, 2011
Bob Chapman explains how the Silver Market is manipulated
Bob Chapman the FED is owned by private banks some of them are foreign , and the government is controlled by the banks that own the FED , they want you to leave the physical market and go to the traditional paper market and SLV , GLD ....
Bob Chapman : I happy that our government is knocking the price of silver down ...they ( the brokers ) are discouraging investments other than in SLV and GLD and of course in commodities and that's because it's leveraged and they make more commissions , and they don't care whether SLV and GLD go bankrupt or not . The government is controlled by the owners of the FED , they want to get people back to the traditional paper market ....last week silver margins were increased by the CME twice by twenty percent today they raised them again by another thirty percent , which is a psychological factor in this market because most of the people in the market are big hitters , they don't buy three of five contracts they buy three hundreds or five hundreds or three thousands or five thousands that's the kind of market this is ....the CME owns the COMEX and so they are the ones who make the rules and these rules come from the treasury department and of course these people in the exchanges very well know that ..it's easy to identify what they are doing if you've been in the brokerage business for 29 years like I was says Bob Chapman of the International Forecaster , the FED is owned by banks Europeans as well as Americans the biggest share holder is JP Morgan Chase followed by City Group and Goldman Sachs and a host of others and some of them are foreigners , the government is controlled by the owners of the FED they control the treasury
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Bob Chapman : I happy that our government is knocking the price of silver down ...they ( the brokers ) are discouraging investments other than in SLV and GLD and of course in commodities and that's because it's leveraged and they make more commissions , and they don't care whether SLV and GLD go bankrupt or not . The government is controlled by the owners of the FED , they want to get people back to the traditional paper market ....last week silver margins were increased by the CME twice by twenty percent today they raised them again by another thirty percent , which is a psychological factor in this market because most of the people in the market are big hitters , they don't buy three of five contracts they buy three hundreds or five hundreds or three thousands or five thousands that's the kind of market this is ....the CME owns the COMEX and so they are the ones who make the rules and these rules come from the treasury department and of course these people in the exchanges very well know that ..it's easy to identify what they are doing if you've been in the brokerage business for 29 years like I was says Bob Chapman of the International Forecaster , the FED is owned by banks Europeans as well as Americans the biggest share holder is JP Morgan Chase followed by City Group and Goldman Sachs and a host of others and some of them are foreigners , the government is controlled by the owners of the FED they control the treasury
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Bob Chapman
Peter Schiff : now a good time to buy Silver
Peter Schiff : now it's a good time to buy Silver
Peter Schiff :...I would say that the moves over the last couple of weeks have been largely driven by speculators but overall the entire bull market NO , i mean it's driven by the fundamentals , Silver is not rising because there are speculators it's because silver is rising that's why there are speculators they are attracted to the bull market but they are not causing it , but certainly at a certain point speculators will add a volatility , we had a huge move up before this correction , it's hardly crashing I mean silver is at $40 dollars an ounce it's right back to its trend line , I think it's a good buy right now not only for long term holders like me , if you are a short term trader if you are fast money guy I do not think there is a lot left to this correction i think there is more upside now just to re catch the fifty level .....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Peter Schiff :...I would say that the moves over the last couple of weeks have been largely driven by speculators but overall the entire bull market NO , i mean it's driven by the fundamentals , Silver is not rising because there are speculators it's because silver is rising that's why there are speculators they are attracted to the bull market but they are not causing it , but certainly at a certain point speculators will add a volatility , we had a huge move up before this correction , it's hardly crashing I mean silver is at $40 dollars an ounce it's right back to its trend line , I think it's a good buy right now not only for long term holders like me , if you are a short term trader if you are fast money guy I do not think there is a lot left to this correction i think there is more upside now just to re catch the fifty level .....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Peter Schiff
Peter Schiff : the vast majority of the correction is now over in the silver market
Peter Schiff : now there is more upside potential than downside risk in the silver market , the vast majority of the correction is over
Peter Schiff : ...nothing goes up on a straight line silver had certainly gone ahead of itself the gold silver ratio was way in silver's favor in a very short period of time , so it makes sense that we have a pull back especially from a level like fifty ($50/oz) which was the record high going back to 1980 so it certainly makes sense that we got a pull back ..now the catalyst could have been Bin Laden but Peter Schiff doubts it that could be a coincidence a lot of time the markets look for any kind of catalyst to do what they want to do anyway and it's clear that a lot of speculators got into the market
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Peter Schiff : ...nothing goes up on a straight line silver had certainly gone ahead of itself the gold silver ratio was way in silver's favor in a very short period of time , so it makes sense that we have a pull back especially from a level like fifty ($50/oz) which was the record high going back to 1980 so it certainly makes sense that we got a pull back ..now the catalyst could have been Bin Laden but Peter Schiff doubts it that could be a coincidence a lot of time the markets look for any kind of catalyst to do what they want to do anyway and it's clear that a lot of speculators got into the market
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Peter Schiff
Golden Opportunity to buy Physical Silver
The news of the killing of Osama Bin Laden has only temporarily slowed the price of gold. The yellow metal futures expiring in June ended today, rising 0.1% to $ 1,557.10 an ounce. The gold price has been supported by further weakening the dollar. The price of silver has held its exceptional rather abruptly to rise. The futures maturing in July has lost 5.2% to $ 46.08 an ounce. During the meeting, the silver price has come down by 13%, the biggest intraday drop since October 2008. The CME Group , the company that manages the NYMEX (New York Mercantile Exchange), has decided to increase for the second time in a week the initial deposit required to secure transactions on the futures on silver. The measure has forced many small speculators to close their positions.this pullback in silver price is a Golden Opportunity to buy Physical Silver
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
1 Ounce of Silver was Worth $1,218 in the Ancient Roman World
1 Ounce of Silver was Worth $1,218 in the Ancient Roman World . so Judas sold out Jesus for about $36,500 bucks... '30 silver pieces'. the price of a new Nissan Maxima, makes perfect sense Very interesting
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Monday, May 2, 2011
This pull back is healthy for the long term Bull Market
Silver's recent price run up does not qualify as a parabolic spike in Historical terms. This pull back is healthy for the long term Bull Market in Silver and has created another buying opportunity for those whom purchase physical and hold long term. "Before silver is finished margins will be raised to cash. Volatility, thy name is silver", Jim Sinclair
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Jim Sinclair
Silver the Osama Effect
Silver gained 500% in two years
NOT ALL that glitters is gold, but silver is another matter Silver always shines despite today's correction . Paraphrasing one of the most abused proverbs, that could be the summary of what happened today in the markets and, in particular, on the commodities market. since the Announcement by the U.S. authorities of the killing of Osama Bin Laden, all commodities prices have started to decline . But the psychological effect on players did not last long, because analysts have noted that the death of Osama - as in the top of the wanted list - is not enough by itself to declare the end of the Muslim-inspired terrorism. Much more important, at this moment, it would not end of the war in Libya. Thus, gold and crude oil have already rebounded late in the morning, coinciding with the decline of European stock exchanges, which is then accentuated after the start of Wall Street.But not all commodities have followed the path of gold and oil. That was thew case of silver. Traders have sold futures on precious metals with both hands and in the early stages of the session options causing the silver price to plunge by 12%, the largest decline in its history! . There was then a recovery in the rest of the day, but prices have remained in negative territory.
But how to interpret the trend of the price of silver? The negative reaction is
explained by the fact that silver is one of the more sought after by industry and arms traders, in the early hours after the announcement of the death of Osama,The markets thought that there may be a slowdown in demand for military equipment. In fact, demand is already falling for some time because of the crisis of sovereign debt (states must cut the budget and do so even in the defense sector).
The answer, then, is, as often happens, in a speculative movement. From the lows of 2008 to $ 8.453 per ounce of silver has doubled its value ($ 17,960 / oz) last August, and then accelerate up to $ 49.831 (new top for the last 31 years) just last Monday, with an appreciation almost 500% in two and a half years. The precious metal, which in recent years has suffered a deterioration in demand for industrial use (especially in the field of photography with the advent of digital technology), now seems destined to have a new life. The silver industrial demand may increase due to new uses in the field of photovoltaic solar panels.
In addition, it should be noted that silver is a safe haven by excellence, given its chronic shortage: the world demand exceeded the annual production since 1990.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Silver crashed because Osama Died?!?!?!?
Silver prices tumbled on Monday, making their biggest loss since late 2008 by news that al-Qaeda leader Osama bin Laden was killed in a U.S.-led operation in Pakistan .Osama Bin Laden is dead, President Obama announced Sunday night, in a televised address to the nation.Seems those of us in the PM camp are a little unimpressed with the Osama news, in fact, most seem a little skeptical given the huge, suspicious drop in silver prices ,price is what it was 7 days ago so I look the dip as nothing but a useless attempt to manipulate silver when most markets were offline. The have done nothing but won themselves back 7 days of hikes.This is a great opportunity to buy more silver as the price is not going to stay this low for long time I believe ....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Sunday, May 1, 2011
Extreme concentration in COMEX gold and COMEX silver market
2 US banks hold 96% of COMEX commercial net short position .JPMorgan Chase is even bigger in this manipulation.. number 1, in fact.This video says it all.. the only way to break the comex scam on our own terms is to spread the word.. BUY PHYSICAL SILVER NOW! Silver will be a wise investment to have due to Silvers unique fundamentals and uses.I've been accumulating silver for along time now, and i tell some people about it how paper is trash and no one listens, its amazing, oh well it will only be people like us who will be rich when all hell breaks lose and the COMEX defaults and silver is US$500.
What happened to the physical world? Everything now is paper and certificates!! I have 100 tons of firewood here for sale, but I can only sell you paper certificates! I also have 500 gallons of oil certificates too and I also sell pigs that fly certifcates as well.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
What happened to the physical world? Everything now is paper and certificates!! I have 100 tons of firewood here for sale, but I can only sell you paper certificates! I also have 500 gallons of oil certificates too and I also sell pigs that fly certifcates as well.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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COMEX
Friday, April 29, 2011
Eric Sprott : the real story now is silver
In an interview with the Canadian newspaper The Glob and Mail Eric Sprott Chairman, CEO & Portfolio Manager of Sprott Asset Management said that he believed that Silver is the real story now and it will out perform Gold : "I think gold is the reserve currency today. There is not a currency in the world that it hasn't appreciated against by at least 300 per cent. And it has beaten every stock market. You can't even rent a safety deposit box in Germany because they are all full of gold and silver ... I am pretty convinced that gold will go a lot higher because it is under-owned as only 1 per cent of people's money is in it. It could go to $2,000 an ounce. I could imagine it at $5,000. I am not giving a time frame on that, but I could certainly see that happening. But the real story now is silver. Gold has traded at a ratio of 16-to-1 to silver in terms of price, but today it trades in the range of 50 to 1. I think the gold-to-silver ratio is going to go back to 16 to 1 given the passage of time, say three to five years. And I bet you that silver overshoots. The gold-to-silver ratio may even get down to 10 to 1. I believe that the price of silver has been suppressed."
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Eric Sprott
There is No resistance at $50 , go long stay long
Silver hits $49.18 today , the bull market is set to continue as the fundamentals are rock solid , $100 silver is a no brainer as says Mike Maloney , there is no resistance at $50 , there might be some corrections here and there which are good opportunities to buy more physical silver and continue hording ...go long stay long you will be glad you did the silver market is set to explode in the coming years
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Thursday, April 28, 2011
Silver about to break $50 an oz mark !
Today silver broke $49 an ounce before settling at $48.52! (so far ) Many experts predict $100 silver before the end of 2011! 2011 American Silver Eagles are already selling for more than $52 an oz! hoard go long and stay long , if you think silver is expensive now , you have not seen anything yet .JPM short squeeze is ON. Thank you Andrew Maguire.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Andrew Maguire
Wednesday, April 27, 2011
James Turk : the silver physical market is very tight
James Turk on Goldseek Radio 26 Apr 2011
the silver physical market is very tight says James Turk of goldmoney.com : I am anticipating a waterfall decline of the dollar in not a very distant future , as we are getting close to June when the FED have to decide whether to stop the Quantitative easing or stop it , but the reality is I do not see how they can stop Quantitative easing says James Turk ,and they are afraid to get off , giving that the politicians in Washington continue to spend like there is no tomorrow that debt got to be financed somewhere and it is going to be financed by the printing press that's very very inflationary , ...the market ios tight it has been tight for quite some time and silver remains in backwardation where the spot month is higher than the futures contracts in December 2015 and that's about a 65 cent backwardation which is very very rare event but it's an indication of how tight the physical market is , what's happening here is that the paper market is becoming less important as a price discovery mechanism , and people are putting more emphasis on the physical market , so when you look at valuing the physical metal you hold do not look at the paper market look at the physical market what thee deals are actually doing and you'll see that actually the market is very very tight ...and you have backwardation concessions in silver these are likely to continue....Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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James Turk
Tuesday, April 26, 2011
There is NO Upper Price Limit in Silver
There is NO Upper Price Limit in Silver period....
Our friend w0tm is an engineer he knows silver from inside out concerning its electrical and thermal properties , he is also very invested in silver , silver is the investment of the century as says Mike Maloney you should not miss the train and regret it later on , the train of silver did not even start moving yet , you are still in time to jump in , I PERSONALLY I AM STILL BUYING SILVER CAUSE AT THESE PRICES IT IS A STEAL , AND THERE IS NO UPPER LIMIT FOR SILVER IT IS NOT $50 NOT EVEN $60 , SILVER IS GOING TO GO MUCH MUCH HIGHER , James Turk said that $60 dollars is the next resistance barrier some other experts believe that silver topped and we are headed for a big correction , personally I agree with Bob Chapman , silver and gold are real money not an investment when I buy silver I am preserving my wealth from the printing presses of Bernanke , I am not making a short term investment , bottom line buy silver anytime you can and hold it for the long run , if you buy to make a quick profit this is not the right market for you... and remember silver is finite and it is being used up and depleted
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Our friend w0tm is an engineer he knows silver from inside out concerning its electrical and thermal properties , he is also very invested in silver , silver is the investment of the century as says Mike Maloney you should not miss the train and regret it later on , the train of silver did not even start moving yet , you are still in time to jump in , I PERSONALLY I AM STILL BUYING SILVER CAUSE AT THESE PRICES IT IS A STEAL , AND THERE IS NO UPPER LIMIT FOR SILVER IT IS NOT $50 NOT EVEN $60 , SILVER IS GOING TO GO MUCH MUCH HIGHER , James Turk said that $60 dollars is the next resistance barrier some other experts believe that silver topped and we are headed for a big correction , personally I agree with Bob Chapman , silver and gold are real money not an investment when I buy silver I am preserving my wealth from the printing presses of Bernanke , I am not making a short term investment , bottom line buy silver anytime you can and hold it for the long run , if you buy to make a quick profit this is not the right market for you... and remember silver is finite and it is being used up and depleted
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Price Limit in Silver
Jim Rogers : Silver going to over $100 an ounce
Jim Rogers : ...the thing that caught people's attention is that gold was going up so much that's the wrong way to invest , Look I own gold I own silver but where were these guys five years ago ten years ago that's when they should have ben doing all of this (buying huge amounts of silver) unfortunately for all of us most investors do not notice something until there is nice bull market in place such as with gold and silver , after ten years of price rises in gold people are starting to notice ...and yes there will be more people buying gold eventually everybody is going to own gold and then we will have to sell our gold but that's a long way from now ....
If silver continues a parabolic move I have to worry , all parabolic bubbles pops at the end , unless there is a currency crash , if silver goes up to $150 without a currency collapse I would worry says Jim Rogers
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Labels:Jim Rogers Silver
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
If silver continues a parabolic move I have to worry , all parabolic bubbles pops at the end , unless there is a currency crash , if silver goes up to $150 without a currency collapse I would worry says Jim Rogers
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Labels:Jim Rogers Silver
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Jim Rogers
Monday, April 25, 2011
James Turk : silver is still a cheap form of gold
James Turk of Gold Money Report talks about Gold and Silver 's slow day. Mr. James Turk reveals that he sees no resistance after Silver breaks through the historic $50 barrier.
James Turk : we almost touched $50 /oz silver in Asia , then we backed off a little bit , the markets today are closed in Europe for the 4 days Easter holiday so it will be interesting to see what happens when they come back tomorrow , given the amount of the buying power that we are seeing in the market you have to assume that we will be seeing higher prices in the weeks ahead , once we are over $50/oz there is no resistance as the way I see it says James Turk , go back and look at the DOW when we went over a thousand back in 1982 it just kept going and going and going , the same thing could be happening here with silver for the next couple of years , because the supply /demand picture is very good and everybody knows the problems with the US dollar ...silver is still a cheap form of gold on historical averages and that's attracting a lot of people into the market ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
James Turk : we almost touched $50 /oz silver in Asia , then we backed off a little bit , the markets today are closed in Europe for the 4 days Easter holiday so it will be interesting to see what happens when they come back tomorrow , given the amount of the buying power that we are seeing in the market you have to assume that we will be seeing higher prices in the weeks ahead , once we are over $50/oz there is no resistance as the way I see it says James Turk , go back and look at the DOW when we went over a thousand back in 1982 it just kept going and going and going , the same thing could be happening here with silver for the next couple of years , because the supply /demand picture is very good and everybody knows the problems with the US dollar ...silver is still a cheap form of gold on historical averages and that's attracting a lot of people into the market ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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James Turk
Peter Schiff : This Silver Bull Market has many many years to go
Peter Schiff : if you look at the amount of silver in the earth versus gold and I think the ratio there is about 17 to one , I think silver is going to continue to gain on gold as this bull market continues to unfold , I think we have many many years left to go , I ultimately think that you will see a gold / silver ratio below 20 ,right now is more like about 35 , but when this bull market started I think the ratio was about 60 , now I have been buying silver for about ten years when I started buying it it was 5 dollars an ounce at the time gold was about 250 , 260 dollars an ounce both the precious metals have gone up , but silver has gone up more and if i am right and this bull market continues I expect silver to keep outperforming at my metals company I have been recommending people would have two third gold one third silver for long time obviously people that did that right now they might have fifty fifty because silver has gained on gold even though both metals have risen , and the reason that's happening is because Ben Bernanke is debasing the value of the dollar , r i fact central banks all around the world are too loose they are creating too much money and so people all around the world are buying gold and silver as a store of value and I think that that will continue ....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Peter Schiff
Silver just 50 cents from all time record high of $ 50.35
Silver touched the historical record now approaching the price of $ 50.35 per ounce marked January 18, 1980. At the New York market and the futures contract it jumped to $ 49.82, just 50 cents from record high. Since the beginning of the Silver sees an increase of 60%.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Eric Sprott
Eric Sprott : “ Silver is the investment of this decade”
“I’ve always thought that silver would move quickly to $50, and it would move to $50 this year – I thought it would get to $50 before year end,” “If you ask me in the three to five year time frame, obviously I think it’s going to go north of $100 simply because we’ll get that 16:1 ratio.” Gold, is going a lot higher.
“Silver is the investment of this decade as gold was the investment of the last decade. So we’re sitting back waiting for things to evolve here,” - Eric Sprott
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
“I’ve always thought that silver would move quickly to $50, and it would move to $50 this year – I thought it would get to $50 before year end,” “If you ask me in the three to five year time frame, obviously I think it’s going to go north of $100 simply because we’ll get that 16:1 ratio.” Gold, is going a lot higher.
“Silver is the investment of this decade as gold was the investment of the last decade. So we’re sitting back waiting for things to evolve here,” - Eric Sprott
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Eric Sprott
Eric Sprott
Eric Sprott : Silver better than Gold on CNBC (4/15/2010) - "Silver is better than gold....."
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Eric Sprott
John Embry
Silver Above $50 in 2011 Gold Over $2,000 -
John Embry of Sprott Asset Management
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
John Embry of Sprott Asset Management
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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John Embry
James Turk
James Turk : Silver in Prolonged Backwardation! Silver Going to $50, Gold $1800 by June 2011. $8000 Gold And $400 Silver By 2013-2015!
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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James Turk
Mike Maloney - Silver Can Hit $1,500 Per Ounce!
Silver Can Hit $1,500 says Mike Maloney , author of Rich Dad's Guide to Investing in Gold and Silver, predicted $15,000 gold but think silver offers more upside over the long term. Original air date: 2/3/10
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Mike Maloney
Mike Maloney
Mike Maloney : Silver is Cheaper Than Dirt (May 12, 2010 )
“The world is going to rush into gold, but just like at the end of ’79, once it gets too expensive for the common man, which I believe is somewhere between $2,500 and $5,000 an ounce this time, the public changes their preference and they start noticing that silver is still cheap, and they start buying silver. That’s when silver blows the doors off of gold on a percentage basis just like in ’79.”
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
“The world is going to rush into gold, but just like at the end of ’79, once it gets too expensive for the common man, which I believe is somewhere between $2,500 and $5,000 an ounce this time, the public changes their preference and they start noticing that silver is still cheap, and they start buying silver. That’s when silver blows the doors off of gold on a percentage basis just like in ’79.”
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Mike Maloney
Robert Kiyosaki
Robert Kiyosaki : Silver is the best hedge against inflation!
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Robert Kiyosaki
Sunday, April 24, 2011
Hugo Salinas we need to monetize Silver again
In this video, Hugo Salinas Price, President of the Mexican Civic Association Pro Silver, A.C. (http://www.plata.com.mx) interviewed by James Turk, outlines the basic details of his proposal to let silver ounce coins circulate as money again in Mexico. He tells the viewers what led him to believe that silver coins should be money again. Hugo and James explain what sound money is..Silver money in Mexico. Why silver is no longer used as money anywhere, and how it can come back into circulation anyplace. A message from Hugo Salinas Price
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Hugo Salinas,
James Turk
Bob Chapman Silver is going straight up
Bob Chapman silver is going straight up until that short position is covered silver is going to keep right up going and I think they're going to default or the FED is going to pay it up and we are talking anything between 90 and 500 billion dollars , it's incredible what's going on ....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Bob Chapman
Saturday, April 23, 2011
The Hunt brothers, marked the history of the silver market
During the seventies in the U.S. the economy was characterized by a rising rate of inflation. The Hunt family, one of the richest families in Texas, decided to protect itself from the perspective of the dollar devaluation. Since U.S. laws prohibited the possession of gold, the brothers William Herbert and Nelson Bunker Hunt put all their bets of the silver and started accumulating all the silver that they can put their hands on. Back then In 1973 the silver price was $ 1.5 an ounce.
In 1979, the hoarding of metal accelerated thanks to interest from wealthy Arab traders. The prices began to rise, reaching $ 5. Thanks to the leveraging of significant quantities of futures contracts, the ascent became, in early 1980, unstoppable. The group headed by the Texans brothers now controlled 200 million ounces, an amount equal to about half of silver available in the world spot market.The prices soared to $ 52 an ounce. The huge bull run seemed successful.
But The Hunt brothers did not taken into account the reaction of the U.S. government which intervened dramatically raising margins on futures contracts on the 'COMEX' known as Commodity Exchange, Inc., a division of the NYMEX located in New York where contracts on aluminum, copper, silver and gold are treated. Thereby creating forced selling by fragile speculators who were in the bullish buying game through leverage. The same Hunt were overwhelmed.
In The COMEX traders still remember with concern the tragic day of 27 March 1980 which saw the incredible drop in the price of silver from 21.60 to $ 10.80. A drop of 50% in a few hours.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
In 1979, the hoarding of metal accelerated thanks to interest from wealthy Arab traders. The prices began to rise, reaching $ 5. Thanks to the leveraging of significant quantities of futures contracts, the ascent became, in early 1980, unstoppable. The group headed by the Texans brothers now controlled 200 million ounces, an amount equal to about half of silver available in the world spot market.The prices soared to $ 52 an ounce. The huge bull run seemed successful.
But The Hunt brothers did not taken into account the reaction of the U.S. government which intervened dramatically raising margins on futures contracts on the 'COMEX' known as Commodity Exchange, Inc., a division of the NYMEX located in New York where contracts on aluminum, copper, silver and gold are treated. Thereby creating forced selling by fragile speculators who were in the bullish buying game through leverage. The same Hunt were overwhelmed.
In The COMEX traders still remember with concern the tragic day of 27 March 1980 which saw the incredible drop in the price of silver from 21.60 to $ 10.80. A drop of 50% in a few hours.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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The Hunt Brothers
Silver is a GREAT BUY even at $50.
David Morgan on The Financial Sense Newshour 22 Apr 2011 :
Silver guru David Morgan explains what's may be driving the gold and silver market rally , the COMEX and the FED could conspire again in order to bring the silver price down ,Dave Morgan heavily promotes hold physical first and then to speculate in mining stock . Remember the hunt bros. 30 years ago they bought silver for $50 ,They will never see there money again. If silver rises too fast, their iron fisted rule will be over because gold will explode and the dollar will implode. So, they have absolutely every motivation and resource to artificially suppress the price of silver, yet it went up 70%+ last year. Confirmation of shortages, complete inversion (backwardation) of the futures market-Clearly, something is going on in the silver market.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Silver guru David Morgan explains what's may be driving the gold and silver market rally , the COMEX and the FED could conspire again in order to bring the silver price down ,Dave Morgan heavily promotes hold physical first and then to speculate in mining stock . Remember the hunt bros. 30 years ago they bought silver for $50 ,They will never see there money again. If silver rises too fast, their iron fisted rule will be over because gold will explode and the dollar will implode. So, they have absolutely every motivation and resource to artificially suppress the price of silver, yet it went up 70%+ last year. Confirmation of shortages, complete inversion (backwardation) of the futures market-Clearly, something is going on in the silver market.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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David Morgan,
The Hunt Brothers
Silver to outperform Gold in the coming years
The silver price is driven by inflation fears, the demands of industry and new forms of investment easier to negotiate.Pushing the silver price to exceeded $ 46 an ounce last week.The deflationary fears and the use of QE by the FED as a tool to stimulate exports devaluing the dollar, have pushed investors to diversify their assets, in activities to protect their wealth. The falling dollar has raised the price of silver to its maximum of the last 31 years.
While it is often called the gold of the poor, there are a number of factors that can raise the price of silver to outperform gold in the coming years. Unlike gold, silver is used in many industrial applications and in fact almost half of the silver mined goes for the industrial use. These applications include silver alloys used in batteries, electronic applications requiring a higher conductivity (such as televisions and microwave ovens) and as a catalyst for chemical reactions.
a lot of silver is still used in photography as well as jewelry and silverware. Silver also is becoming the metal used in solar panels because of its reflectivity of the light and its excellent conductivity.
With China at the forefront of solar technology, the demand for silver is growing while exports fell by 64%. China is the third largest producer of silver, with almost 13% of world production in 2009. China the third largest producer, preceded by Peru and Mexico have decided to reduce its silver export and it has instead become a net importer of silver . China's decision to reduce exports to meet growing domestic demand was one of the factors to push silver price higher
The report "World Silver Survey 2010, produced by the research company GFMS estimates that unless further developments in the cycle, supply / demand, the market will feature silver, worldwide, by an excess of supply, but this surplus of supply will be completely absorbed by the investment sector which remains the major driver to support the price of silver. The study of Gold-Silver ratio, the ratio between gold and silver price, suggests that silver in the future may make further progress and perform better. The relationship between gold and silver price is currently around 37, while in the past has averaged around 60.
The popularity of gold has brought the price of gold to rise to the highest of all time, investors begin to worry that the gold has become too expensive, so the price of silver began to be attractive as a Financial investment .
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
While it is often called the gold of the poor, there are a number of factors that can raise the price of silver to outperform gold in the coming years. Unlike gold, silver is used in many industrial applications and in fact almost half of the silver mined goes for the industrial use. These applications include silver alloys used in batteries, electronic applications requiring a higher conductivity (such as televisions and microwave ovens) and as a catalyst for chemical reactions.
a lot of silver is still used in photography as well as jewelry and silverware. Silver also is becoming the metal used in solar panels because of its reflectivity of the light and its excellent conductivity.
With China at the forefront of solar technology, the demand for silver is growing while exports fell by 64%. China is the third largest producer of silver, with almost 13% of world production in 2009. China the third largest producer, preceded by Peru and Mexico have decided to reduce its silver export and it has instead become a net importer of silver . China's decision to reduce exports to meet growing domestic demand was one of the factors to push silver price higher
The report "World Silver Survey 2010, produced by the research company GFMS estimates that unless further developments in the cycle, supply / demand, the market will feature silver, worldwide, by an excess of supply, but this surplus of supply will be completely absorbed by the investment sector which remains the major driver to support the price of silver. The study of Gold-Silver ratio, the ratio between gold and silver price, suggests that silver in the future may make further progress and perform better. The relationship between gold and silver price is currently around 37, while in the past has averaged around 60.
The popularity of gold has brought the price of gold to rise to the highest of all time, investors begin to worry that the gold has become too expensive, so the price of silver began to be attractive as a Financial investment .
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Silver vs Gold
Friday, April 22, 2011
Bill Murphy Gold and Silver prices are going to go bananas !
Bill Murphy Predicted Current Silver Explosion! back in Recorded May 2010 when this interview was recorded , Bill Murphy the Chairman of GATA said : Gold and Silver prices are going to go bananas , it is good time still to get involved , gold is MONEY , everybody wants to get some , cause everything could default , gold cannot default cause nobody can create it out of thin air , JP Morgan chase are crooks says Bill Murphy it's a monster scandal that is going to break in the coming months ...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Bill Murphy
Thursday, April 21, 2011
Silver market on fire breaking $46 !!!
Silver going exponential : what these market commentators do not get is that SILVER is not just a commodity to speculate on , SILVER is money real money , it is not really the price of silver going up as much as is the value of the dollar falling down by the minute cause Bernanke is flooding the market with yet more worthless paper money . Silver and gold are MONEY always were and always will be , this 41 years of FIAT currency experiment is coming to an end and people are starting to wake up to the fact that only silver and gold are money ...please keep on hoarding silver price is going over $100 before the end of this year the genie is out of the bottle and there is stopping it ...LOL...
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Stephen Leeb : Silver price will go exponential
Stephen Leeb on Goldseek Radio 20 Apr 2011 : ...what I am more concerned about to be honest with you is what going on with Silver market and rare earth market says Stephen Leeb these markets are up more than 30 percent since the Japanese Earthquake and the nuclear accident , I do not think it is coincidental I really think it is recognition that silver and rare earth are going to be in tremendous demand because they are central to renewable energy , and if the nuclear is going to take a back seat even in China where they will still go forward pretty aggressively with nuclear they're really got to be more conscious of the risks that means a lot more solar a lot more wind a lot more rare earth a lot more silver , I would not be surprise that the Chinese are behind the Silver market move Stephen Leeb added ...or a major part of it , if that's the case I would guess the silver will go much more higher ....Silver price will go exponential
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Stephen Leeb
Wednesday, April 20, 2011
Jim Rogers we will see Triple digits Silver this year
Jim Rogers : ...the thing that caught people's attention is that gold was going up so much that's the wrong way to invest , Look I own gold I own silver but where were these guys five years ago ten years ago that's when they should have ben doing all of this (buying huge amounts of silver) unfortunately for all of us most investors do not notice something until there is nice bull market in place such as with gold and silver , after ten years of price rises in gold people are starting to notice ...and yes there will be more people buying gold eventually everybody is going to own gold and then we will have to sell our gold but that's a long way from now ....
If silver continues a parabolic move I have to worry , all parabolic bubbles pops at the end , unless there is a currency crash , if silver goes up to $150 without a currency collapse I would worry says Jim Rogers . All bubbles have poped'. Yes true, however I disagree with Jim Rogers on calling this a bubble , this is not a bubble, even with silver at 250$. What is the alternative to the dollar? Gold and Silver, there is nothing else. It's the dollar bubble that is poping, not silver exploding.Silver is MONEY not a commodity , when you buy silver you preserve your wealth , your wealth in form of silver did not change it is the dollar that is dropping like a rock day after day...
There is less than one once of silver per Chinese, and much less silver than gold. Silver can only go to the moon..please continue hoarding Silver ....
by 2019 Silver will be very rare if current mining is anything to go by then you'll be looking at astronomical levels of many thousands of dollars. Remember Palladium hit $10,000 an oz when that went through a rarity period. Silver is needed more than ever in industry but more importantly the new technologys and energy industry coming forth like Solar. Study Desertec and what they have planned for the Sahara when Gaddafi is bugged off thanks to KING JUAN CARLOS.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
If silver continues a parabolic move I have to worry , all parabolic bubbles pops at the end , unless there is a currency crash , if silver goes up to $150 without a currency collapse I would worry says Jim Rogers . All bubbles have poped'. Yes true, however I disagree with Jim Rogers on calling this a bubble , this is not a bubble, even with silver at 250$. What is the alternative to the dollar? Gold and Silver, there is nothing else. It's the dollar bubble that is poping, not silver exploding.Silver is MONEY not a commodity , when you buy silver you preserve your wealth , your wealth in form of silver did not change it is the dollar that is dropping like a rock day after day...
There is less than one once of silver per Chinese, and much less silver than gold. Silver can only go to the moon..please continue hoarding Silver ....
by 2019 Silver will be very rare if current mining is anything to go by then you'll be looking at astronomical levels of many thousands of dollars. Remember Palladium hit $10,000 an oz when that went through a rarity period. Silver is needed more than ever in industry but more importantly the new technologys and energy industry coming forth like Solar. Study Desertec and what they have planned for the Sahara when Gaddafi is bugged off thanks to KING JUAN CARLOS.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Jim Rogers
Silver Investment Demand Exploding in China
The Guangzhou Daily reported that a man went into a local bullion dealer in Guangzhou and bought 10 million RMB worth of physical silver. This amount converts to roughly $1.5 million USD. This Chinese investor and his assistants brought in eight suitcases full of cash to complete the transaction. I wanted to point out about physical silver is - market price - paper silver has a price determined by the banks, where as real silver has a price determined by the market. With physical silver you can refuse to sell for a particular price and try to find a different buyer whereas with bank silver there is a fixed price and all buyers are considered to be the same. They "make" the market.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD)
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Silver and China
Tuesday, April 19, 2011
Silver Will Outperform Gold by 400% in 2011 ?
So far silver is outperforming gold by a large margin , Silver has been the best-performing precious metal in 2011 so far rising up 40 percent since January. The secret is Silver is not just a precious metal it is also an industrial metal , the best conductor of electricity amongst all metals , Industrial companies are buying silver by the tons , today about 40% of silver is used industrially - in solar batteries, water purification systems, computers ,cellphones, circuit boards, plasma TVs and also RFIDs radio frequency identification devices .By 2015, it's estimated that global industrial demand for silver ,mostly driven by China and India will increase by 36%, from 487 million ounces in 2010, to 666 million ounces. add this to the shortage in supply and you have an idea how high the silver prices will go . Eric Sprott is right in saying " Silver is The Investment of this decade " Eric Sprott runs one of the largest hedge funds in Canada his PSLV (silver) Sprott Physical Silver Trust since it was launched October 29th 2010 it has increased by over 75% in value , IPO at $10/Share now trading at $17/Share .Eric Sprott believes that it is the man in the street who is driving the demand for silver for example the US mint this year has sold as many dollars in silver coins as it has sold in silver coins but the prices are different by 38 to 1 which really means that the common guy is buying Silver the reason silver going up is because of savers Eric says people want to rather own a hard asset than a paper asset there is also the industrial demand and the fear factor related to QE1 , QE2 and a possible QE3 it is not just about the weakness of the dollar , a lot of people are losing confidence in the Euro the Yen and of course the dollar We are still far away from a bubble Eric explains the precious metal ownership is still less than 1 percent so there is no mania going on as of yet , Eric dos not believe that interest rates have anything to do with the silver rally so even if the FED raises its rates it won't affect the rally what's driving it is the lack of faith in the currency , Sprott believes that Silver will dramatically outperform Gold over the next 5 years he calls the next decade the Silver's decade while the last decade was Gold's decade
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Eric Sprott,
Silver Will Outperform Gold
SILVER $44.02 GOLD $1496.80
Silver was quoted at $43.11 an ounce against $42.99, having earlier touched a new 31-year high at $44.02 an ounce. Silver has been the best-performing precious metal so far this year, up 40 percent since January.
Spot Gold prices rallied toward record highs approaching the $1,500 an ounce mark today amidst inflation concerns in China the dollar decline, rising crude oil prices unrest in the middle east , worries about sovereign debt problems in Europe and the Standard & Poor's downgrading its credit outlook for the United States Gold hits an all-time high of $1498.9 At the New York market.While In London, prices are stable at $1493.9 .Gold is still far below its all-time inflation-adjusted high, estimated at almost $2,500 an ounce, Many experts see Gold hitting the $2000 mark before the end of this year
Spot Gold prices rallied toward record highs approaching the $1,500 an ounce mark today amidst inflation concerns in China the dollar decline, rising crude oil prices unrest in the middle east , worries about sovereign debt problems in Europe and the Standard & Poor's downgrading its credit outlook for the United States Gold hits an all-time high of $1498.9 At the New York market.While In London, prices are stable at $1493.9 .Gold is still far below its all-time inflation-adjusted high, estimated at almost $2,500 an ounce, Many experts see Gold hitting the $2000 mark before the end of this year
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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!