Physical Shortage Of Gold And Silver, Manipulation, Economy

Gold Silver Worlds: In this month’s Markets at a Glance, Eric Sprott presents a collection of thoughts on why he thinks precious metals is a compelling investment right now. He looks at three major topics: physical shortage in gold and silver, manipulation of precious metals prices, and the dire state of the economy. All this points to the same conclusion, i.e. the fundamental strength of precious metals investments.

• The Gold Forward Offered Rate (GOFO) remains very low, with extended periods of time in negative territory (Chart 1).
• Why is Germany’s repatriation of their 674 tonnes of gold taking so long? As of March 2014, only 69 tonnes had made their way back, a pace of less than 5 tonnes a month.
• If there is no shortage of gold, why are the U.S. and U.K. exporting so much gold to Switzerland? (which itself exports most of it to China).
• According to some estimates, China consumed over 4,800 tonnes of gold in 2013, implying that about 3,600 tonnes were drawn from global stocks (i.e. western vaults) to satisfy demand.
• All this Chinese buying is reflected in the monstrous amounts of gold deliveries on the Shanghai Gold Exchange.
• Dubai is building a new gold refinery capable of handling 1,400 tonnes, and current global gold refining capacity is about 6,000 tonnes (world mine production is less than 3,000 tonnes a year). Why would they need so much refining capacity if physical demand was not buoyant?
• As the major gold miners cut back on exploration, future mine supply will remain constrained.
• Another “temporary source of supply” (900 tonnes) has been ETFs, which have been raided for most of 2013. However, as Chart 2 shows, they have now stabilized. Other things being equal in demand, where will that 900 tonnes of supply come from in 2014?
• Interestingly, the Silver Institute, in its 2014 World Silver Survey, noted that there was a 96 million ounces shortfall in 2013 due to strong physical demand.
• read more @ http://etfdailynews.com/2014/06/03/physical-shortage-of-gold-and-silver-manipulation-economy/

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

Silver Eagle Sales Limits Ends, Silver Prices Tumble in May

 Bullion 2014 American Silver Eagle sales held at very strong levels in May even as the silver market turned down for the third month in a row.The bullion coin numbers were aided, albeit, from a mid-month sales adjustment that saw April’s total drop and May’s figure lifted.
But first, in precious metals futures, silver prices for July delivery ended May at $18.68 an ounce, equating to a drop of 49 cents from its position at the end of April, or a dip of 2.6%. This third straight monthly decline marks a loss of $2.56, or 12.1%, from February’s close — the last month to see a gain. Year to date, silver prices have shed 69 cents, or 3.6%.
Looking at other precious metals futures:

• Gold at $1,246.00 an ounce dropped 3.9% in May
• Palladium rose to $836.35 an ounce, rallying 2.9% for the month
• Platinum at $1,452.70 an ounce rose 1.7% in May

Year to date, gains stack to 3.6% for gold, 5.7% for platinum and 16.4% for palladium.
http://www.silvercoinstoday.com/silver-eagle-sales-limits-ends-silver-prices-tumble-in-may/1010230/







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

Silver Doctor: Physical Silver Demand Still Strong

 The interview starts with Jason asking Doc about the end of the London (LBMA) Silver Fix and what it means for silver prices.

Next, Jason asks about physical silver demand and if demand is still strong. Doc talks about record demand from the US Mint and from the Royal Canadian Mint.

Doc also says retail demand from his website has been strong but there is no silver shortage so premiums are not high.

Jason and Doc talk about how gold and silver may go sideways for another few months before finally starting to move higher before the end of 2014.

Next, Jason asks Doc about "Lead Bullion" or ammunition and why Doc just got into selling ammunition on his website. Doc talks about the 2nd Amendment and why it's important for people to own guns.

Jason then brings up the supply/demand market for guns and ammo and why he thinks guns and ammo in the US are in a huge secular bull market.

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

James Rickards: Financial Collapse and Massive Shortages In Gold Coming

Greg Hunter: Financial expert and best-selling author James Rickards’ latest book predicts “the coming collapse of the international monetary system.”  One of the sign posts is countries like Russia declaring it will shed the U.S. Dollar as reserve currency in international trade.  Rickards explains, “Putin said he envisions a Eurasian economic zone involving Eastern Europe, central Asia and Russia.  The Russian Ruble is nowhere near ready to be a global reserve currency, but it could be a regional reserve currency.”

Rickards’ latest best-selling book, “The Death of Money,” was released in April.  Even Rickards is surprised at how fast the economic situation is unfolding.  Rickards says, “If you ask me what has happened since you finished writing the book that comes as a surprise, I would say a lot of the things I talk about in my book are happening faster than I would have expected.  Things that I thought would happen in the 2015 or 2016 time frame seems to be happening now in some ways.  If anything, the tempo of events is faster than expected.  Therefore, some of these catastrophic outcomes may come sooner than I wrote about.”

Rickards goes on to say, “Right now, we are on the precipice now.  When you are on the precipice, it doesn’t mean you fall off immediately, but you are going to fall off because you can see the forces in play.  What I tell clients and investors is it’s not as if we are going to make some mistakes and some bad things are going to happen.  The mistakes have already been made.  The instability is already in the system.  We’re just waiting for that catalyst that I call the snowflake that starts the avalanche.   You don’t worry about the snowflakes; you worry about the snow and that it’s unstable and it’s just waiting to collapse.  That’s what the system is right now; we are just waiting for a catalyst.  People ask me all the time, what could it be?  Technically, my answer is it doesn’t matter because it will be something.  It could be a failure to deliver physical gold.  It could be an MF Global financial failure.  It could be a natural disaster.  It could be a lot of things.  The thing investors need to understand is the catalyst doesn’t matter.  It’s coming because the instability is already there.”
read more @ http://etfdailynews.com/2014/05/27/james-rickards-financial-collapse-and-massive-shortages-in-gold-coming/



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

Jim Willie: Out of Control Chaos Coming with Shortages of Gold, Silver, Food, Gasoline

Dr. Jim Willie: Out of Control Chaos Coming with Shortages of Gold, Silver, Food, Gasoline




Publisher of "The Hat Trick Letter," Dr. Jim Willie, predicts, "In the United States, we are going to have shortages across the board, and that includes gold and silver. Just think food and gasoline. That's when the riots are going to start. You are going to see out of control chaos and the government stepping in to restore order. . . . Shortages and price inflation are going to drive people out of their minds." Join Greg Hunter for an in-depth One-on-One interview with Dr. Jim Willie



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 Great Migration: Gold and Silver Moving West to East

It was the relentless accumulation of silver in exchange for tea and silk, that eventually led to the opium wars. Opium being used as a counter trade to tea.




  At some point might the Chinese and Russian hording of the majority of the worlds gold render it impractical as a monetary metal for the rest of the world? If there is so little gold available to the West why should the West be concerned with it? For a monetary system to work for a population all the people off that society must dream the same dream. Meaning without faith and desire there is no perceived value to any currency or monetary bedrock.

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

Bullion Suppliers SOLD OUT of Silver - Shortage Bottom Near Price Update

UPDATE: ALL US WHOLESALE SUPPLIERS ARE NOW SOLD OUT OF EVERY OUNCE OF PHYSICAL SILVER & HAVE SUSPENDED ALL SALES! SDBullion.com has closed due to lack of ANY AVAILABLE SILVER! Two of the largest wholesale suppliers in the US, including Amark and CNT, who is the supplier of gold blanks to the US Mint for Gold Eagles, and is a registered COMEX depository, HAVE JUST SOLD OUT OF ALL PHYSICAL SILVER!!! AND......IT'S GONE!!!!! In the face of an EPIC TSUNAMI of gold and silver sales today as the cartel hammered the price of silver down over 12%, and off $6 from Friday's open, we have just been informed at SDBullion upon trying to place a large inventory order that BOTH AMARK & CNT ARE SOLD OUT OF EVERY LAST OUNCE OF PHYSICAL SILVER!!! Apparently the fact that one of the largest wholesale suppliers in the US is SOLD OUT, while simultaneously the 2nd largest silver mine in the US is offline perhaps permanently is of absolutely no consequence to the paper dumping cartel bullion banks. Bullion bank silver shorts are most likely covering in mass RIGHT NOW, and we'll soon have the data to make the case. Many have speculated that the bullion banks are going to switch to a net long position. There couldn't be a better time to do just that given that at $22/oz, pretty much all existing shorts taken out before this week will be in the money.
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

Buying Silver Coins vs Buying Silver Bars | David Morgan

In this video, David Morgan discusses when and how to buy silver coins and silver bars. It all depends on the size of your portfolio and individual preferences.




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