Silver Arbitrage?

Bill Holter Tuesday, October 7th

Silver closed last week under $17 for the first time in 4 years. Maybe we have in store another "event" like 2008, 2011 or 2013 where the "price" gets forced down which explodes demand to a point where shortages again show up? I have written several times before how a shortage should never ever show up in any real market if prices crash because of "selling". If real silver were in fact being sold then the market would be awash in silver and no shortage could exist. ...The last 3 episodes there were severe shortages which is your proof that it was not in fact real metal being sold, only paper contracts representing metal, this logic is not arguable.

I have written several times regarding the high and growing open interest in the COMEX silver contracts. It is my belief the Chinese via proxy are the longs and will at some point call for delivery. I was "reprimanded" by a very famous commodities trader telling me that the open interest was high only because of "spread trades". Spread trades only amount to 23,000 contracts which if subtracted would still leave us with 150,000 contracts or more of silver, still historically high. Something is just not right, the open interest in gold is near multi year lows while silver touched 6 year highs last week, "spreads" do not explain it.

I have also argued that both silver and gold have seen concentrated sales where 50% or more of global production is dumped within 24-36 hours which in a real market where real metal trades, could not ever happen. Who could have this size of metal and who would sell in a fashion to destroy their own price even if they did? The answers of course are no one, and no one. I get it, hedge funds are momentum traders and pile on in whatever direction any commodity is moving but gold and silver have now had access trades open lower or unchanged in 106 out of the last 110 trading days. This is a statistical impossibility. So it is what it is, but what does it mean, and what has silver trading way below the cost of production now unleashed?
http://www.silverseek.com/article/silver-arbitrage-13670




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 there really a Silver Shortage? Is Gold running out?

Don't believe the official numbers.... Think of the people who release these numbers and how they profit from it.

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

GATA Chairman: JPM Has RUN OUT of Physical Silver- Most Explosive Gains of Entire Bull Market Ahead!

GATA Chairman Bill Murphy joins The Doc & Eric Dubin on this week's show to discuss:

1. Why Murphy believes JPMorgan accumulated vast stores of PHYSICAL SILVER into the 2011 top while shorting the paper market, and has used the physical stockpiles to smash silver lower over the past 3 years- resulting in a paper fortune for JPM, but that the market action over the past 2 months indicates JPM has RUN OUT OF PHYSICAL SILVER to manipulate prices down!

2. Gold & silver's trading in the wake of the MH17 tragedy- Murphy explains why the cartel never allow the PMs to hold their gains from an international crisis

3. Big money responds to early week take-down of gold & silver with massive physical buying- signs we may be in the early stages of a massive sustained run for the metals

4. The GATA Chairman provides his current outlook for gold & silver, and states that the next rally will see the most volatile and explosive moves to the upside for gold & silver of the entire 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

Gold Has More Value Than Silver - Don Harrold

 Manipulation increased for silver and gold in 2011. Rules were changed, charts were painted more than usual starting then. Effort was made to move the stock market, real estate market, etc much higher. Sentiment is still extremely negative from Western investors towards gold and silver. Charts are better but not great. Most Western investors tend to only buy good charts. Majority are trend traders.




 John Manfreda of Wall Street for Main Street Interviews Don Harrold of the Day Trade Show. They discuss Silver, Silver Shortage, Precious Metals Retail sentiment, Gold, the Stock Market, Bitcoin and more.
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 Coming Silver Shortage

silver as an investment is a long-term strategy. The stock market rally is FAKE!!! The housing rally is FAKE!! Just as fake as they were pre-2008. Remember what happened then? Multitudes were wiped out! Unless you have a crystal ball and know exactly when to get out, it'll be deja vu all over again. Good luck with that.



The Law of "Supply and demand" is about to kick in and the planets are lining up, for Precious metals. The economy is still in a downward spiral, MILLIONS are unemployed, social unrest is rearing it's ugly head, the War drums are beating and the printing presses are feverishly cranking out MONOPOLY MONEY, 24/7. An economic train wreck can't be too far behind!
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 more useful as an industrial metal

One of the reasons people mention to invest in silver is that this precious metal could - according to some - return to a monetary asset somewhere in the future. This is because people will fall back on silver coins as an alternative means of payment, once fiat money becomes worthless. This is because silver has retained value throughout the years. Despite this, it is very unlikely to expect central banks and governments to embrace silver coinage once again. To understand this, we only have to read the speech president Lyndon B. Johnson gave when he signed the Coinage Act in 1965...

Silver as money

For centuries silver has been used to create coinage, because the metal has some beneficial properties. The total above ground supply of the precious metal was relatively big compared to the annual mining production, which gave some stability to the price of the metal. Also, silver is very resistant to corrosion and it has anti-bacterial properties. These properties are great for a piece of metal that has to circulate from one person to another.
Two generations ago, silver was still widely used for the production of official coinage, but today all countries have abandoned the use of the precious metal for coinage. The silver coins still do exist, but they are hoarded because of their intrinsic value. Bags of silver coinage can be bought all over the world for the spot price of silver.
For day to day payments silver coinage has been replaced with coinage made from base metals like zinc and nickel. Also, coinage in general is gradually being replaced with digital bank transactions.
In 1967, the Netherlands stopped producing silver coinage. The guilder and the 2,5 guilder coins were no longer minted with 72% silver. In 1970 and 1973, the last 10 guilder coins with 72% silver content were minted. Since then, the guilder was made out of nickel and the silver coins started to disappear from circulation. Today, the silver coinage can still be bought for their intrinsic value.






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 price ratio may fall as gold cools faster

MUMBAI: The price of gold might fall more than that of silver this year, taking the price ratio between the two precious metals back towards its five-year average. Gold has been on a downtrend as pickup in global economies has reduced demand for this safe asset. This may offer music to the ears of Indian consumers, as they begin to purchase jewellery for the festival and marriage seasons. ET data show the gold-silver ratio averaged 55.71 in the five years through end-2013.

 Read more at:http://economictimes.indiatimes.com/articleshow/43152055.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst




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 Unavoidable Silver Shortage

Last year, total mine production of Silver was 819 million ounces, but demand for silver was 1.1 billion ounces.
Therefore, there was a 262 million ounce shortfall in silver. Thus far, the shortage has been mostly met by using recycled silver and from government stockpiles. Even so, the shortage is there.

Looking At The Numbers

Recently published data points argued that recycled silver cannot continue to meet the gap between supply and demand. The supply of recycled silver dropped 24% last year, which is the largest decrease on record. Supply is also falling. Seven of the ten leading silver mines produced less silver in 2013 than in 2012. Production in the Silver State, Nevada, is down 70.4% over the past 16 years. The US Geological Survey reports that ore grades have collapsed 90%, which means that far more ore has to be mined in order to produce the same amount of silver. Exploration has also come to almost a complete halt due to higher financing costs, so there is little chance of new finds of sources of silver.
On the demand side, physical demand has increased 13%. Last year the U.S. Mint actually sold out of silver products, reports said. China’s use of silver for solar panels was less than 1 million in ounces in 2005, but in 2013 China used 35 million ounces just for solar panels. In 1999, the amount of silver used in solar panels in the United States was not even reported. By 2015, 100 million ounces of silver are projected for solar energy use.
Some 62% of silver is used for industrial applications, 21% for jewelry, and 12% for coins. Given these used, the data argues that “95% of all silver consumed is gone, never to enter the supply side again.
 http://www.investing.com/analysis/alternative-assets:-the-unavoidable-silver-shortage-222934







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 Coinage Act

Back to the US, where the silver coinage was abandoned earlier with the Coinage Act of 1965. On 23 July 1965, president Johnson held a speech before Congress in which he explained why the government was about the stop minting silver coinage. I would like to highlight the following part of the speech.
"Now, all of you know these changes are necessary for a very simple reason--silver is a scarce material. Our uses of silver are growing as our population and our economy grows. The hard fact is that silver consumption is now more than double new silver production each year. So, in the face of this worldwide shortage of silver, and our rapidly growing need for coins, the only really prudent course was to reduce our dependence upon silver for making our coins. If we had not done so, we would have risked chronic coin shortages in the very near future."




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 a Scarce Material

Coinage Act

Back to the US, where the silver coinage was abandoned earlier with the Coinage Act of 1965. On 23 July 1965, president Johnson held a speech before Congress in which he explained why the government was about the stop minting silver coinage. I would like to highlight the following part of the speech.
"Now, all of you know these changes are necessary for a very simple reason--silver is a scarce material. Our uses of silver are growing as our population and our economy grows. The hard fact is that silver consumption is now more than double new silver production each year. So, in the face of this worldwide shortage of silver, and our rapidly growing need for coins, the only really prudent course was to reduce our dependence upon silver for making our coins. If we had not done so, we would have risked chronic coin shortages in the very near future."

 http://seekingalpha.com/article/2473235-why-silver-will-not-return-as-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