Last Chance to Own Silver at These Prices [Wealth Wire - Thursday, October 20th, 2011]

The Commodity Futures Trading Commission (The Cartel) on Tuesday approved a much-debated, long-delayed rule designed to curb bets on oil, gold, sugar and in particular silver.

CFTC Chairman Gary Gensler said the limits will protect the markets. The 3-2 vote—cast along party lines—illustrates how divided regulators remain over the role of government in the markets. The debate leading up to the vote also shows how even some CFTC commissioners supporting the rule think it may not have the desired effect.

Opposed by Wall Street and in particular JP Morgan Bank the rule aimed at capping the positions firms can take in certain commodity contracts in order to curb sharp price increases. The rule gained traction in Congress during a silver price spike in 2011, which some attributed to excessive speculation by short-term traders. Along with a number of other rules, it was mandated by the Dodd-Frank financial-regulatory overhaul.

So finally position limits in silver will be enforced. Will there be delays? Of course and you can bet your bottom dollar that the Cartel will be out in force with their lawyers challenging the ruling. However, there is a very high probability that on a beautiful day in 2012, JPM, et al will finally be feed of its shackles and the price of silver will move dramatically higher.

Read more @ ORIGINAL SOURCE

Eric Sprott, Financial Sense NewsHour 19 Oct 2011

Every Silver Pullback Is A Gift - Mike Maloney [Oct 18, 2011]

Silver Update OCT/16/11 - Bottoming [BrotherJohnF]

KWN Special - Is Silver the Next Apple? [kingworldnews.com ;October 18, 2011]

The following information was put together exclusively for the King World News blog by Kevin Wides, out of Switzerland.  It is a fascinating comparison between the bull move in Apple shares and silver bullion.  Kevin stated, “With everyone talking about Steve Job’s death and the wonderful investment Apple shares have been, a closer look shows how hard it is to catch a trend over the long run.  I still believe in the silver story, and one can see what it takes to hold on to long-term positions [throughout an entire bull market].”   


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One last sell-off for silver before we head back to $50? [By: Peter Cooper -- Posted 16 October, 2011]

After seven years of investing in precious metals you become something of an old-hand, not that this would impress the true veterans who recall the late 1970s. They are getting a bit old themselves now.

A sprightly 87-year old President Carter was on the BBC last night for a long interview, and sounded very impressive unless you are old enough to remember his abysmal presidency.

The man himself comes across as a bit of a 60s dreamer with flowers in his hair and peace and love stamped on his face. He is very genuine and has not made a cent out of being an ex-president. But he was a disaster, hopelessly out of his depth in Washington during a period when the world needed leadership.

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Fiat Money Explained [TheSilverGuild on Oct 16, 2011]