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Archive for the ‘Silver’ Category

Gold and Silver over the next month or so

March 9, 2011 Comments off

marketoracle

Last month I calculated Silver was about to go ballistic – I think a 28 % price rise is pretty impressive in one month. I presumed gold would follow at a more leisurely pace. It did. Short term though the fundamentals of each are disconnected. Gold is reflective of safe haven mode where as silver is in highly speculative mode.

Silver hasn’t finished yet by a long shot, but it is pausing for breather. In January I thought out what is happening and it seems now we are due a pull back. In January I did ludicrous calculations to prove the state of the market to justify my thought process. The dips are now very shallow. I was surprised that silver broke $35 so quickly and seems to Read more…

Dollar dies, States rebel and FLEE to gold and silver standard !!!

March 8, 2011 Comments off

**ALERT*** FAKE Silver Coins/Bars/Ingots ARE on the market in U.S.!

February 23, 2011 Comments off

**ALERT** FAKE Silver Coins/Bars/Ingots ARE on the market in U.S.!

Fake Morgan Silver Dollars ( photo by Peninsula Daily News)

I had posted about how Tungsten is up 70% in the last year and inserted a video showing fake gold and a video with David Morgan of Silver-Investor discussing fake gold and silver.  Last week during the interview David Morgan did with me, he talked about fake gold and silver possibly being on the market, besides other information about it.  He also said in the interview, if there will be any fake silver coins they will fake the old coins and not new ones.  WOW – he got that one exactly right!

Gold  has been a given in regards to possibly being fake due to the price of it!  It is well worth an organization (ie: Fed, govt) to fake besides the price, they are pretending there is much more gold than there really is.

With silver, the cost of faking it compared to the cost of the metal itself has Read more…

Silver To $52-$56 By May-June A Fractal Analysis Suggests

February 23, 2011 Comments off

news.silverseek.com

By: Goldrunner (with Lorimer Wilson)

Dollar Inflation remains the driver of the pricing environment for almost everything denominated in U.S. Dollars as long as the Fed continues to monetize debt.  The debt monetization creates Dollar Inflation that results in Dollar Devaluation.  As the Fed ramps up the QE II that they have announced will end in June, I expect Gold, Silver, and the PM stocks to aggressively rise.

In previous articles I have shown that fractal analysis suggests that:

  • · Gold could reach $1860 into the May/ June period based on the late 70’s Fractal. I have also shown the potential for Gold to rise even higher if the market psychology is volatile enough – up to $1975, or even up to $ 2250.
  • · The HUI at from HUI 940 to 970 by mid-June is a distinct possibility and we will discuss the fractal considerations for the PM stock indices further in the next editorial.
  • · Silver could reach $52 – $56 into May – June of 2011 as explained in Read more…

Silver Reaches New 30-Year High!

February 19, 2011 Comments off

Silver reached a new 30-year high today of $32.87 per ounce up 89% since NIA declared silver the best investment for the next decade on December 11th of 2009 at $17.40 per ounce!

The gold/silver ratio is now down to below 43. NIA predicted a sharp decline in the gold/silver ratio both in its top 10 predictions for 2010 at 64 and in its top 10 predictions for 2011 at 46. We believe the gold/silver ratio will decline to at least 16 within the next few years, but it could decline to as low as 10. It wouldn’t surprise us to see gold reach $5,000 per ounce in 2015 and silver reach $500 per ounce at the same time!

NIA’s President Gerard Adams publicly exposed JP Morgan’s silver naked short selling price suppression scheme in Read more…

Gold Climbs, Silver Touches 30-Year High Amid Inflation Concern

February 18, 2011 Comments off

bloomberg.com

Gold rose to a one-month high as rising consumer prices boosted investor demand for an inflation hedge. Silver touched a 30-year high.

The cost of living in the U.S. climbed in January for a seventh month, the government said today. The U.K. consumer- price index rose to a 26-month high last month, a report this week showed. The precious metal has fallen 2.6 percent this year after rallying 30 percent in 2010 and touching a record in December.

“Gold is ready to resume its uptrend because of the worsening outlook for inflation,” said James Turk, founder of GoldMoney.com, which held $1.4 billion of precious metals and currencies for investors at the end of January.

Gold futures for April delivery climbed $10, or 0.7 percent, to $1,375.10 an ounce at 1:42 p.m. on the Comex in New York. Earlier, the price touched $1,385.40, the highest since Read more…

China top bank sees explosive growth in gold demand and voracious appetite for silver

February 17, 2011 Comments off

SHANGHAI (Reuters) –

Demand in China for physical gold and gold-related investments is growing at an “explosive” pace and its appetite for the yellow metal is poised to remain robust amid inflation concerns, said an Industrial and Commercial Bank of China (ICBC) executive.

ICBC, the world’s largest bank by market value, sold about 7 tonnes of physical gold in January this year, nearly half the 15 tonnes of bullion sold in the whole of 2010, said Zhou Ming, deputy head of the bank’s precious metals department on Wednesday.

“We are seeing explosive demand for gold. As Chinese get wealthy, they look to diversify their investments and gold stands out as a good hedge against inflation,” Zhou told Reuters.

“There is also frantic demand for non-physical gold investments. We issued 1 billion yuan worth of Read more…

Confiscation of Gold and Silver by the U.S. Government

February 16, 2011 1 comment

 

I received an email with the words “RED ALERT”.  I received this from someone heavily involved and an expert in the metals and mining.  I highly respect both men involved, as they know and always telling the truth about what is happening in the world of metals.

David Morgan

David Morgan of Silver-Investor, an absolute expert in silver and the mining field and has a wonderful and very insightful news letter.  I am a member and get the newsletter due to the amount of his knowledge of silver/gold and mining.  In fact, David Morgan has given me the green light to post bits of information from his paid subscription newsletter.  I am thankful he is allowing that, as there is information in it that is not found any where else on the internet.  His newsletter gives investment information of metals and mining as no other person I have read.   I believe many benefit from the newsletter and I hope what small blurbs I reproduce here will also help others in keeping the value of their money as it is (but it is dropping fast every day – so action needs to be taken by all – in my opinion).  I will start doing some postings with his insight within days.  But I encourage Read more…

Gold-Silver Ratio: Silver value highest in five years

February 15, 2011 Comments off

NEW YORK (Commodity Online): As precious metals continue to lead the commodities boom globally, the most frequently asked question these days is where does the gold-silver ratio stand.

Over the years, gold has been the high value beneficiary commodity in comparison to silver. But last week, the gold to silver ratio fell to just above 45:1. According to Wayne Atwell, Managing Director of Casimir Capital, the silver value in comparison to gold is the highest in the last five years.

“This is because people—investors—are regarding silver as a safe haven investment just like gold,” he says.

Atwell said: “Suddenly with the anxiety level that’s surfaced about sovereign debt and municipal deficits, people are turning to alternative ways to hedge themselves and I think people felt silver was cheap based on where it has been historically, so they jumped on the bandwagon.”

Gold-Silver ratio is the most important barometer for commodities traders and futures market dealers. Even though Read more…

The Coming Silver Accident

February 12, 2011 Comments off

Theodore Butler

Perhaps “accident” may not be the precise word to describe what I see coming in silver. After all, Webster’s defines accident as “an unforeseen and unplanned event or circumstance.” While that definition certainly encompasses what I see ahead in the silver market, I need to add a qualifying adjective to complete my vision. That word is unavoidable. The silver market is headed towards an unavoidable accident.

This will not be like any accident you have ever witnessed or experienced. This is an accident you can fully prepare for, and greatly profit from. This coming silver accident could favorable and permanently alter your family’s standard of living and financial security. The great news is that preparations for this accident are simple and merely depend upon you applying common sense.

At the core of what makes the coming silver accident unavoidable is the immutable law of supply and demand. Supply and demand ultimately governs how all markets function. While some markets, including silver, can be artificially controlled or manipulated in price for long periods of time, eventually such manipulations must end if they are at odds with supply and demand.

Nothing has been more at odds with the basic law of supply and demand than the silver market. For many decades, the world has consumed more silver than it has produced. That has necessitated a draw down of previously produced silver – the existing inventories. There has never been a situation in any Read more…