Saturday, September 3, 2011
Thursday, September 1, 2011
Jim Willie CB; GoldenJackass.com [31 August 2011]
The biggest upcoming beneficiary to the USDollar and major currency debasement will be Silver. The Gold price made its summer run impressively, reaching 1900. Huge profits are in the process of being switched from gold to silver positions. The 44:1 ratio in price enables sizeable new silver positions to be leveraged. Look out for a significant upward price move in Silver, as its technicals are showing a very positive bullish signal. The simple Moving Aveage is set for a crossover, an event noticed by thousands of commodity and FOREX traders. Silver is unique, being both an industrial metal in shortage deficit, and a monetary metal pursued as a safe haven during a time of crumbling monetary system and rancid sovereign bonds. Always remember that Gold fights and wins the political battles, but Silver rides through the broken phalanx on a white horse to take triple the gains.
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Wednesday, August 31, 2011
Stephen Leeb [kingworldnews 30 August 2011]
When asked about silver specifically Leeb had this to say, “Well silver and copper are both starting to trade very well. The Chinese are starting to take a very big stake in silver and they will continue to buy silver. They (the Chinese) basically control the solar manufacturing market right now and they want to apply those manufacturing skills. So far they’ve been applying them abroad, but they are going to start applying them to China themselves and that means they’re going to have to start accumulating a lot of silver.
I think we are on the airport runway as far as the silver market goes and people are going to be very surprised when silver fairly easily goes through $50. People think of $50 as this incredible brick-like resistance, no way. It’s going past $50 and it’s going to continue to go up. It’s got two massive drivers, its monetary value and its criticality in many, many industrial applications, ranging from solar to the computer keyboard on your desk Eric.”
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Tuesday, August 30, 2011
John Embry's comment about silver on Kingworldnews [August 29, 2011]
When asked about silver specifically Embry remarked, “I would be less concerned about the timing in silver now than the fact that you must be there. Whether it could correct further from here, I don’t know, but it doesn’t make any difference because the next big move is going to be huge and it’s going to be up. The key is how long can the huge bullion bank short hold its position and continue to try to influence the market....
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