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Posts Tagged ‘comex’

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…

**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…

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…

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…

SILVER MANIPULATION JP MORGAN

December 26, 2010 Comments off