Silver Update 5/27/11 Ted Butler [BrotherJohnF]

The Silver Forecast 5-27-2011 Major Rally in Play ... 50 dollar Silver is coming ! [Gary Wagner]

Dear Capitalists of the World [By: Jason Hommel, Silver Stock Report] -- Posted 26 May, 2011

(Try to buy silver, just try!)

Silver Stock Report

The last time I challenged the Billionaires of the world to try to outperform silver, all failed, as I predicted.  No billionaire reportedly doubled his wealth since September, 2010.

In September, silver was under $20/oz.  Today, silver is $38/oz., and on a dip down from $49.50/oz.

I wrote, Dear Billionaires of the World
(The Silver Market is a tiny $1.9 billion)
Silver Stock Report
by Jason Hommel, September 2nd, 2010http://silverstockreport.com/2010/billion.html

I wrote why silver would outperform, and I sent this information out to the top 25 Billionaires who had contact information via email that was available.

Since that time, billionaire Carlos Slim got into the silver market, but he sold 3 years worth of production already, and will likely miss out on much of the upside, unless he covers, and buys back that silver, on this dip.http://www.businessinsider.com/carlos-slims-incredibly-smart-silver-sales-2011-5

Also, since that time, Eric Sprott, who manages billions, and who might be a billionaire himself, listed my name, along with David Morgan and Ted Butler as "the smartest guys in the room" when it comes to silver.http://marcfaberchannel.blogspot.com/2011/01/david-morgan-interviews-eric-sprott-1.html

Why silver?

Read more @ ORIGINAL SOURCE

Embry - Silver Market Extraordinarily Tight, Look for $125 [May 24, 2011]

When asked about the action in silver specifically Embry remarked, “Let’s face it, silver needed a correction because it had gone up in almost a straight line and people were talking about parabolas and what have you.  But the correction was amplified by the CFTC allowing or sponsoring five margin hikes in eight days.  Every time the price was getting pounded they put in another margin hike, so anybody that was long and didn’t have extraordinarily deep pockets had to puke the position.

But I think the most interesting comment someone said was, ‘You know in the long-term move in silver this will look like the blip in the ’87 stock market crash.’  Then, as you know, they killed it (stocks) in ’87 and the stock market proceeded to go up 5 or 6 fold.  I think silver will do exactly the same thing.  It’s irritating if you’re long on margin because you are going to get kicked out of the position, but if you know the game, it was just another opportunity to get some cheap silver.”

Read more @ ORIGINAL SOURCE

Trader Dan Norcini's 4 Hour Silver Chart [ Tuesday, May 24, 2011]

Bottoms In! [By Warren Bevan, May 23 2011 11:23AM: www.preciousmetalstockreview.com]

Silver slid 0.93% for the week but held up well, or at least didn’t really fall further. It looks like we have a bottom here now with a higher degree of certainty than last week. 
The question is, what now?

It would be nice to see silver move sideways for a little while rather than heading straight back up. 

So far we’re holding the 100 day average and we’ll be testing the 21 day within a week or so if we remain in this region.

Read more @ ORIGINAL SOURCE

The Silver Shield : Part 1 of 2 [SGTBull07 May 21, 2011]

Trader Dan on King World News Weekly Metals Wrap [Saturday, May 21, 2011]

Click on the below link to listen to the regular weekly radio interview with Eric King at King World News on the KWN Weekly Metals Wrap.


http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/5/21_KWN_Weekly_Metals_Wrap.html