SILVER SHORTAGE

Friday, July 11, 2014

Silver Up 10.3% YTD - Outperformance To Continue

Today we look at silver and why it is an important allocation in all portfolios
- Why Silver is in a Bull Market and How High Could it Go?
- Is Silver About Returns Or A Hedge Against Inflation & Systemic Risk?
- Silver: Very Small Global Supply
- Silver: Increasing Technological and Industrial Demand
- Silver: Medical Demand
- Silver’s Unique Properties
- Silver: Increasing Investment Demand
- Silver Undervalued Versus Gold
- Conclusion

Today’s AM fix was USD 1,336.50, EUR 981.78 and GBP 779.39 per ounce.
Yesterday’s AM fix was USD 1,343.25, EUR 985.22 and GBP 784.61 per ounce.
Gold climbed $8.10 or 0.61% yesterday to $1,335.80/oz and silver rose $0.27 or 1.28% to $21.38/oz.
http://www.silverseek.com/article/silver-103-ytd-outperformance-continue-13361

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

Monday, July 7, 2014

Follow Futures A silver lining in precious metals?

Silver is often an overlooked precious metal, especially in comparison to the publicity garnered by gold and platinum. The last several months has seen silver trade in a range of $18.75 to $20.25 per oz. While picking tops and bottoms is next to impossible, that range did create some nice trading opportunities for market participants. More importantly perhaps, an extended period of consolidation, such as the one that we have seen in the silver market most recently, often foreshadows a significant breakout to either the up- or downside. With the recent uptick by $4.490 on heavy volume, we may have seen the start of a break-out to the upside, with both technical and fundamental factors in agreement.

Fundamental Factors
In February, I wrote an article on Silver, explaining why silver was poised to become the best performing precious metal of 2014. While to date, this has not materialized, more recent developments in silver is giving renewed hope that there may be some truth to that prediction. While there is some debate about the actual cost of producing silver, the consensus cost of production hovers somewhere between the $18 and $22 per oz. mark. With that in mind, the latest trading range for silver is slightly below or at least at the lower end of the production cost spectrum, perhaps suggesting forthcoming price appreciation. That current price level may be unsustainable long-term is further evidenced by some silver mines cutting back on output. The latest example: The world’s largest silver mine, run by BHP Billiton Ltd.'s in Cannington, Australia, announced last week that it was ending production. This should put further downward pressure on supplies, propping prices up. Coupled with a decrease in scrap availability, we may even see a silver shortage.
http://www.futuresmag.com/2014/06/28/a-silver-lining-in-precious-metals

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

Friday, July 4, 2014

Gold eases after jobs data

Gold prices halted a four-session rally today to finish the holiday-shortened week nearly flat, as a stronger-than-expected U.S. jobs report attracted investors to U.S. equities and the dollar.

August gold futures fell 0.8% to settle at US$1,320.60 an ounce on the Comex.

Prices ended the week with a modest gain of 60 cents an ounce. Floor trading will be closed tomorrow for the July 4th holiday.

The U.S. economy added 288,000 jobs in June, and the unemployment rate fell to a nearly six-year low of 6.1%, the government reported today.

In other metals, September silver fell 0.8% to US$21.14 an ounce. October platinum surrendered 0.3% to finish at US$1,507.70 an ounce, while palladium for September delivery added 0.5% to US$861.90 an ounce.
http://www.proactiveinvestors.com.au/companies/news/56052/gold-eases-after-jobs-data-56052.html

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

Wednesday, July 2, 2014

Platinum more precious than gold?

By Nicholas Larkin, Bloomberg

Platinum reached an almost 10-month high on signs increased demand from car companies will add to a supply shortage. Gold held near the highest in three months.

Investor holdings in platinum- and palladium-backed funds are at or near records as demand from automakers and a South African mining strike that lasted five months leads to a third successive supply deficit. U.S. auto sales adjusting for seasonal trends accelerated to an annualized pace of 16.98 million in June, the fastest in almost eight years, researcher Autodata Corp. said yesterday.

About 220,000 members of the National Union of Metalworkers of South Africa stopped work yesterday to support their request for pay increases. The protests come after a platinum strike that lasted from January to June. The country is the largest producer of the metal, which is mainly used alongside palladium in car pollution-control devices.

“Investors acknowledge the difficulties that the South African platinum sector faces beyond the resolution,” UBS AG analysts wrote in a report today. “Participants will be keeping an eye out for any signs of tightness in the months ahead.”

Platinum for October delivery added 0.1 percent to $1,516.70 an ounce by 7:38 a.m. on the New York Mercantile Exchange. It reached $1,523, the highest since Sept. 4. The metal for immediate delivery rose 0.2 percent to $1,512.51 in London.
http://www.resourceinvestor.com/2014/07/02/platinum-more-precious-than-gold

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 vital commodity to our way of life. Silver is a precious metal that is being trashed as an industrial metal. As a result, it is within years of becoming the first metal to become extinct according to the USGS. At some point the shortage is going to become so obvious, that people are going to rush to turn in their depreciating dollars for real silver money. That is just the monetary demand of silver, the industrial and strategic demand is another huge factor we should consider.Silver is a precious metal a monetary metal and an industrial metal, Industry alone requires over 900 million ounces each year , Silver has antibiotic antibacterial anti fungal and anti microbial properties . Silver is used in Dentistry Photography electronics Mirrors optics Medicine and in clothing , Silver is the best thermal conductor of all metals and The Best Electrical Conductor ,Silver is also an important catalyst in chemical processing.As far as getting it out of the ground, that will take energy which seems to be only getting more expensive,China is now the world’s third largest silver miner after Mexico and Peru, and the world’s largest Silver refiner,Get in on the bonanza and get your physical silver today while it is still available at a affordable price. In the next few years you may loose your ability to get in on one of the greatest investments that will protect your financial security when the dollar implodes and economic chaos appears in your area - you will be happy you did .USA geologist society have predicted that Silver will be the first element of the periodic table to run out by 2020. Physical silver outperformed the mining stocks by 4 times during the last bull market .Only about 2% of COMEX silver contracts are actually settled by physical delivery, and the rest are settled for cash or rolled over , Decades of market manipulation has made silver the most underpriced commodity in history Be thankful that you have realized this in time to capitalize.JPM and HSBC are behind the Big Silver Short.Get yourself some physical silver and take possession if you want any certainty of cashing in before the paper silver derivatives become worthless.The COMEX does not have the 103 million ounces they claim to have.