Eric Sprott : There is only 700 million ounces mined in a year

Eric Sprott : One of the things we should look at is the trading of silver in the paper markets, I mean the Comex and the SLV. Last week it averaged 1.2 billion ounces per day. There is only 700 million ounces mined in a year. There is only 33 million ounces of physical silver that is available for delivery by the commercial shorters. If something like 3% of the people that were trading silver in one day demanded physical delivery, there would be no silver on the Comex.... The key market is the physical market. I don't think this raid is going to work." .

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 manipulation continues in the silver paper market

Keith Neumeyer, First Majestic Silver president & CEO, sheds insight on why his company's stock is down. : ...."...well, I think there was some short covering going on in the latter part of march and into early April really propelled silver up to close to $50. really silver is going through a rerating right now. and one of the important things to me is a silver producing mining company is that as we rely more on technology, we become more reliant on silver."







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

How JP MORGAN & HSBC manipulate the SILVER Markets

Even if it is all manipulated, silver is still a better choice to own than paper money. If enough people moved within the silver market and took delivery of their metal, then this artificial economy would end sooner than later. The so called 'Regulators' are no better than the Financial Banksters. A pox on all their mansions.Wall Street is a fraud. The dollar is fiat and done. Goldman Sach are thieves, scum and frauds Govt economic data: a fraud. Comex and The Federal Reserve: frauds Bernanke, Geitner, Paulson, Roubini: frauds Spin masters: Fox, Cnbc, Jim Cramer: frauds Don't get screwed folks stay away from this scum. Stick to owning physical gold and silver bullion and let the music stop.


The metals were liquidated as were stocks of all sectors in Sept-Oct 2008. As there was a panic and all sectors, good and bad were sold. There is a manipulation in the short term but no firm or firms as big as the market. This has been tried before several times (documented) througout the centuries and failed. The bullions will have its top at a mania like previous equities and real estate sectors did. We are in a period of stagflation until 2017-18, that means extremes on both spectrums.

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

Andy Gause explains the Silver Shake Out - 05-14-2011

Andrew Gause and his guest try to explain why silver went down and how the increase in the margin requirement triggered a wave of sale from small and medium investors/speculators who could not afford to pay the increase in the margin calls ,this is by the way the paper silver market not the physical market , this is what is known as the Shake-Out



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 is dirt cheap right now

James Anderson Managing Director at Goldsilver.com : whoever has physical silver in his hands will make the rules , silver below $50 an ounce is at sale , the 1980 high is a nominal high cause the dollars in 1980 are worth a lot more than the dollars in 2011 the money supply exploded since then , the true inflation adjusted all time high is $140 but if you use the more accurate statistics from John Williams it is close to $300 an ounce , having ounces is what matters the question is how many ounces you have in your possession , Silver is on Sale right now keep stacking anybody who have been stacking ounces will be setting pretty . What's happening in America today is similar to what happened in the 80s in Argentina but in slow motion





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

Bob Chapman : buy the dips don't panic, ride the bull

Bob Chapman: The Financial Powers That Be Are In A Trap of Their Own Making

If Silver goes to 5 an oz that just means I could buy a ton of it. Hahaha Who ever holds paper and has faith in the the paper game WILL LOSE! This may be the greatest exchange of wealth in the history of the world. The people are waking up are going to plunder the bankers by buying silver and gold. Get rid of the Dollar Bill if you know what you're doing...Pretty soon they'll be using it for Toilet Paper...Bye Bye FIAT CURRENCY CRAP.......only a wise people will understand. The dollar is printed out of thin air. You cant print money out of thin air. Gold and silver is honest you cant counterfiet it. George Washington, "Paper money has had the effect in your state it will always have to ruin commerce oppress the poor and honest and open the door for every specie of fraud and injustice."..When we reach the end of this destruction of fiat currencies and the ensuing precious metals bubble, those of us holding physical will probably trade it for real things like necessities of life, homes, and even luxury items. Alternatively, we may trade it for the new gold-backed currency that appears in our locale.
silver investing By Bob Chapman : May 11th, 2011.In legislation just proposed, and I don't know by whom, nor do I have a number yet, the Dept of Labor has proposed a re-definition of who is a fiduciary, not under the Securities laws, but under ERISA, the law that governs tax advantaged retirement accounts, such as 401K and IRAs and it probably will include all retirement assets, we don't have a definite direction yet of what they intend to do but it is my guess they want to limit those investments only to US government debt. They may include some blue chips or funds, I don't know. They may allow other high-graded fixed income products. These DOL-ERISA rules override all SEC rules. We don't know the final form of the legislation, nor do we know whether it will be passed, but my guess it will be. The government desperately needs to get those retirement funds invested in government debt. I would seriously think about terminating 401ks and IRAs by transferring the assets -- without commission -- into a personal account it then becomes a taxable event. I also believe there is a good chance that taxes will be higher next year. There is also an outside chance that retirement assets could be frozen -- such events would be negative on the general market because government would be directing brokerage houses to sell retirement assets. This is all in the planning stage, but it is very real.





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

Eric Sprott : if only three percent in one day demanded physical delivery there will be no silver on the COMEX

Eric Sprott : ..Silver is the best recommendation anyone can make this decade...I have always looked at silver and gold as a situation where the demand will exceed the supply , and when I looked at gold in the last decade we had a great change in from the demand side where central banks used to be sellers and became buyers , we used to have no ETFs now we have ETFs we used to have mining companies with hedge now they don't hedge and the shifts in ownership had been dramatic in a market where we really see no rise in supply , in the case of silver what really turned me on about twelve months ago was as we witness people buying silver you realize there would not be enough silver to buy and as example the US mint today sells as many dollars of silver as dollars of gold , when you realize that silver trades at forty to one ratio means that they are buying at forty times of physical ounces of silver as they are buying gold , when we sold our gold ETF we raised 440 million , when we sold our silver ETF we raised 550 million , James Turk of Gold Money he sells more dollars of silver than gold we have a little company called Sprott money that sells gold and silver coins , we sell way more dollars of silver than Gold and so here we are in a situation where the price is forty to one but the dollars going in to it are almost dead equal , so I can't see the price ratio staying in this range ...
we have been a net buyer of silver everyday , I will be a buyer of silver today I will be a buyer of silver tomorrow so we have not lost any faith in what's happen to silver ...what happened last week in mind is just another of those raids that we experience from time to time ...there was no particular reason for it , then we end up with five margin request increases , somebody is manipulating the price of silver and that's totally my attitude I have no fear of silver here , yes it will be parabolic but it will be more parabolic than we have today I have always thought that silver would trade at 16 to one ratio in terms of price to gold to make it simple if we measure gold at $1600 that would suggest that silver may go to $100 , I think it might even over shoot on the downside may be trade as much as ten to one , and the reason I think that is that I believe that Gold today is the De Facto reserve currency it has out performed everything for eleven years , Silver has always been a currency people are now treating it as a currency much as you are recommending to people , i is a very very small market there is no way that with roughly fifty billion dollars of silver inventory around that we can make it a currency at these price levels so I see the price going much higher ....
I think last week decline was premeditated it happened in the early hours of Sunday/Monday morning when markets were not re-operating England was closed China was closed it was a great opportunity just to mark it down ...so I think it was very much orchestrated , one thing that I think we should all look at is the trading of silver in the paper market which I mean the COMEX and the SLV last week it probably averaged 1.2 billion ounces per day , there is only 700 million ounces mined in a year there is only 33 million ounces of physical silver at the COMEX available for delivery by the commercial shorters . I mean if only something like 3 percent of the people that were trading silver 3 percent in one day demanded physical delivery there will no silver in the COMEX , so I look at those paper markets and I just believe it's paper it's guys pushing buttons who have really no invested interest in silver other than trying to move the price one way or guess which way the price is going ...so...


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

John Embry & James Turk on the Physical Silver Shortage

John Embry Chief Investment Strategist at Sprott Asset Management discusses the recent correction in the silver price with James Turk, Director of the GoldMoney Foundation: ....I think the rise to the recent $50 peak believe it or not was justified and it is funny when you read the main stream press everybody is talking about bubbles and how big the crash is going to be , they would not seem to understand the fundamentals I think the fundamentals of silver are impeccable , the fact that we are going through a tough crash is not surprising it's a paper driven COMEX sponsored correction and it's to be expected , I mean if you have been involved in silver market as long as we have at Sprott we're used to these things they are not fun but it is another buying opportunity ... The paper market probably drives the prices most of the time when the physical takes over is when the physical shortage takes place and what's going on right now is very clearly there is a massive short position in...



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

Robert Kiyosaki : Gold and Silver are pretty safe bets

Robert Kiyosaki is not buying Gold and Silver right now but he is still bullish on them : No , but that does not mean I am not bullish on Gold and Silver , the problem with Gold and Silver I say it again I can't borrow money to buy three million dollar worth of gold I have to use my money I won't use debt , other people's money , number two there is no cash flow from that I don't have income from it so and If I have to sell it I have to pay 28 percent in tax , I'd rather put my money on oil project where I got 28 percent tax break right away , that makes more sense to me , at the same time I am still now investing in copper and natural gas because they are all time lows ...when something starts to move like gold and silver I am on to the next venture should I say , and I made my money in gold and silver , I made enough ....when asked if it is safer to buy silver now Robert Kiyosaki says : you should have bought it when it was three bucks that's when I bought so...look I want to say this : I do not like gold and silver simply because of the tax issue in it , if you buy an ETF like SLV or GLD you pay 28 percent tax that's because the government does not like gold and silver because they rather have you play with their dollars their fraudulent US Dollars the counterfeit money , so gold and silver is good and when I say to most people who don't now anything , gold and silver are better than saving money cash , another thing is this , when I look at the world I look at ten year increment here's 2010 going into 2020 those ten year period , in those coming ten years 85 million baby boomers start to retire that's approximately a hundred trillion dollars in social security and medicare the question I have for you : can Obama or the US Congress and the senate can they solve a hundred trillion dollars deficit , I say no they can't so that's why I'll continue to buy gold and silver if I have an extra cash that's what I do ..I love my country I just do not trust my leaders I don't think they are going to solve this problem democrats republicans independent Buddhists christian Hindu Jewish I do not care they can't solve this problem ...China is in a massive problem right now ...so it is not what the politicians are gonna do , it is what you gonna do about it right now , so if you don't know much Gold and Silver are pretty safe bets but not from the tax side from the capital gain side simply because the United States is in a very serious financial trouble and I do not think republicans or democrats are gonna fix the problem...I think we are going down , I think the dollar is going to dive and that's why I am in oil production I am in rental real estate because people have to have a roof over their head and silver has already made its move but it still has more to go I think I do not think 200 dollars silver is out of line but I have already bought it at 4 dollars ,5 dollars 7 dollars I bought as high as 17 dollars then I stopped if you read my blogs I said buy Silver under twenty and sure enough in the last year it has got up a 145 percent went right past twenty...






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

Gold, Silver Futures Slump in New York as Dollar Strengthens Against Euro

Another bad day today for the precious metals , The price of silver losing a further 8%, gold sinking back to the $ 1,500 level. The prices of silver and gold have recorded significant losses today. The CME Group the company that manages the NYMEX (New York Mercantile Exchange), has announced two further increases of the initial deposit required to secure transactions on the futures on silver. The news sparked a new shower of precious metals sales. The expiring July futures on silver at the NYMEX closed in fall of 8% to $ 36.24 an ounce. It was the strongest drop in session since December 2008. Since last Friday the price of silver has lost 25.4%. The gold futures expiring in June ended in a fall of 2.2% to $ 1,481.40 an ounce. It's been three weeks that the gold price did not close at these levels. To add to downward pressure on the precious metal was now also the strong recovery of the dollar. The greenback has appreciated against the euro by about 2%. The jump in the dollar weighed on all commodities in general.


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

Dollar going up? Silver & Gold going DOWN? The Market manipulation continues

The bigger this sham gets the harder its going to fall and the higher Silver and Gold prices will go .Silver and gold are the only monetary units worth considering. That is why Silver and Gold are a manipulated market - to give the appearance of confidence in fiat currencies, not precious metals.Stick with the silver.With paper the banks have an advantage of being flexible with time and inflation contraction. Metals are not a scheme they are honest measures and you have to keep that in mind that honesty doesn't win all battles just the wars. Doubt the USD will stay intact. It's having a bounce. What's that mean? China buys more silver.  They are big enough to move the market. They also want it cheap too so they want the USD strong and silver cheap for now. Sometime soon enough the USD will sink hard, maybe with more world turmoil and silver will more than make up for lost time. Their whole game is deception,,making make the wrong move. The USD could go all the way to 77, but the Euro likely would be dropping at the same time. So Europeans will be getting into metals then and pushing the price up along with China. I think the Euro may be junk pretty soon now. There are many forces involved, but there is too much infighting in the E.U.




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

Gold/Silver Rising on Central Bank Buying -11/05/11

SILVER. The sharp rise in the price of silver during 2010 is due to the result of a large increase in demand from both the industrial sector investment, as reported on the global report on silver and issued in these days.World demand, investment in the sector, grew by 40% last year, reaching 279.3 million ounces for a total of 5.6 billion dollars.The total demand in the industrial sector grew by 12.8% reaching the highest of the last 10 years to 878.8 million ounces in 2010.Silver has scored an average price of $ 20.19 per ounce in 2010, a level surpassed only in 1980 and well above the average of $ 14.67 in 2009. its strength is still continuing in the first months of 2011 with an average price of London gold fixing at $ 31.86 at the end of the first quarter.

Jason Schenker, president of Prestige Economics, talks about the outlook for gold and silver prices. Schenker also discusses industrial metals. He speaks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart."

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

Physical silver market vs paper silver market

physical silver market and paper silver market are now two different markets. As is gold. No more tie. Never will again. Physical silver will continue to climb as scarcity becomes acute. Then what! Free for all. China sopping up all available physical silver. No limit to how much paper silver you can print. What can you do with it?  Make paper airplanes I guess.


All roads seem to lead to Soros....the move in Silver and timing was done masterfully...silver will still return 18%-20% annually on average over the next 5 years at the minimum despite volatility and cartel attacks...sure beats the banks.
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 ...The moral of the story is: if you own physical there is nothing they can do to you...the Federal Reserve as "Federal" as Federal Express can try all day to manipulate the price but Ben Bernanke is not going to be able to touch your personal stash. Now when you start playing the casino of silver paper contracts then you open yourself up to the whims of the banksters. I will never sell my physical stash.




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

Is This 1980 all over again for Silver ?

Some people may think : this is just like 1980 all over again and that silver price will now collapse just as it did in 1980. In 1980 silver prices rose to a height of $48.70/oz from their normal price of $5/oz.Silver prices increased ten times their previous levels.There was a was high fuel costs and terrible inflation. People wanted to change their paper money into hard assets like silver. This started driving prices up and up. At the same time the Hunt brothers, oil tycoons from Texas, bought two hundred million ounces of silver options and futures. This caused terrible shortages and drove prices sky high.The brothers were estimated to hold one third of the entire world supply of silver.But on January 7, 1980, came the response of The COMEX the exchange rules regarding leverage were changed , The COMEX adopted "Silver Rule 7" placing heavy restrictions on the purchase of commodities on margin . As a consequence The price of Silver dropped 50% in just four days , The Hunt brothers who had borrowed heavily to finance their purchases, lost one Billion dollars (but their fortune survived) , Does not this look so similar to what happened last week with the CME  raising the margin requirements 5 times in nine days ? ,  the truth is that the amount of money the FED have printed up since 1980 is ten times higher, so if we adjust for inflation, the peak price from 1980 should be more like $500/oz. in today's dollars and not just $49 . What this tells us is that silver is still very very undervalued and as Mike Maloney told Max Keiser in an interview this morning "silver has yet to exceed its 1980 High we came within a breath of it but it hasn't exceeded its 1980 high , can you name one thing on this planet that is still selling at a discount to its 1980 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)

silver has yet to exceed its 1980 High , can you name one thing on this planet that is still selling at a discount to its 1980 price

Mike Maloney : as far as the sell-off goes I really do not care , well actually I do I am hoping silver will go down a little bit more because I want to buy more , I want a lot more . silver has yet to exceed its 1980 High we came within a breath of it but it hasn't exceeded its 1980 high , can you name one thing on this planet that is still selling at a discount to its 1980 price !? ...
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ....when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win





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 Rogers : we are in a major secular bull market in Commodities

Jim Rogers : "..well, I own commodities. we're in a major secular bull market which has several more years to go. there'll be setbacks just as we saw last week, but don't worry." in CNBC






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

HKMEx a new alternative for the COMEX

The Hong Kong mercantile Exchange HKMEx starting next Wednesday the 18th they are going to start trading 1 kilo gold futures a kilo is 32 ounces and you will be able to get delivery and they are going to probably take at least for openers 20 to 30 percent of the business away from the COMEX...from now on and with the HKMEx in business it will be more difficult for the COMEX to rigg the market and manipulate the prices of gold and silver






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

Robert Kiyosaki Is Predicting A $6,000/oz. Silver In The Next Few Years

Due to decades of industrial consumption depleting world inventories, there is remarkably little silver remaining above ground . Most people still have no clue about the potential for the silver metal price.Robert Kiyosaki made the following future silver price prediction of $6,000 during an interview on FTM Daily in November. An estimated one billion ounces of silver bullion equivalent exists above ground today that is shockingly small amount of silver especially when you compared to the amount of money and credit in the world trillions and trillions dollars will be chasing silver bullion




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Reasons to Be Bullish on Silver

Silver is a MUST for a modern Hightech economy

Golds great its REAL MONEY (just like Silver) because it cant be printed at will by Criminal Banksters

But Silver is also KEY to Technology

Silver is the ONLY THING KNOWN THAT CAN KILL VIRAL PATHOGENS (and it works BETTER than Anti-Biotics on Bacterial ones)...Stop into your local GNC HEALTHFOOD STORE and pick up a bottle of their "Silver Biotics" and check it out!

Once the world understands this Silver will be values HIGHER THAN GOLD
Silver would be easy to use for change and would be easier to dispose of when trading. It is not a matter of if the dollar will crash but when. When it does crash the blackmarket economy will flourish because goods will be scarce and expensive. Silver and gold will be recognized as a barter medium that is stable.
Until Silver trades at some LOGICAL LEVEL to Gold it has a TON Of Catch to do.

I mean just look at the data from the world mines.The simple FACT is that we only pull 10 ounces of Silver out of the ground for every ounce of Gold.

So....at the least..Silver should trade at 1/10th the price of Gold. (that would be around $150 buck right now rather than $35)

Nevermind the FACT that we CONSUME FAR MORE SILVER Than we can mine every year and there is thus LESS SILVER ABOVE GROUND THAN GOLD
silver will always out perform gold in a bull metal market.
Silver is about to explode.

How about the fact there is 2 Billion Ounces of Gold worldwide compared to 1 Billion Ounces of Silver?

Even better than that is the Illegal 50% shorting of all Silver mined by JP Morgan and other banks that the CFTC Chairman will soon be ending.

This is 3 to 4 times more than the Hunts Brothers held long positions in the 70's that drove Silver to $80 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)

Keep the faith in silver

keep faith in the silver market the fundamentals are still there , the shortage is still there , and the FED is still debasing the dollar despite all the manipulation and rigging the future for the silver is bright , and there is one way and one way only where the silver price is heading and that is up up and up , I hope you take advantage of this pull-back and purchase more physical silver , you may never see those low prices again....keep stakin folks...




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Mike Maloney : Silver is a Roller coaster of a ride

Mike Maloney : Silver is a Roller coaster it's a wild ride if you do not have the tolerance for it do not get into it , Mike advise against selling into your positions right now , do not think you got in in the wrong time even if you bought at the peak , the fundamentals show that silver (and gold) will go only one way and that is up up and up , this pull-back we are going through all happened before ...the average trend is going up , there is not scenario in which gold and silver do not rise ultimately they are destined for far far higher prices, Mike Maloney cautions against leverage and futures and options ....."we have a maniac named Ben Bernanke running the federal reserve trying to save the economy by destroying the dollar which will destroy the economy " says Mike Maloney





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

David Morgan : the dollar as any other FIAT currency is going to collapse

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)

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)

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)

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

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)

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)

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)

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)

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)

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

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)

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.

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)

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)

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 : 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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)