Friday, July 8, 2011

The Silver Platter Opportunity [By: Jim Willie CB, Hat Trick Letter; 7 July 2011]

Every few years, a tremendous opportunity arises. The autumn months of 2007 and the autumn months of 2008 offered such an opportunity to buy silver. That $11 silver price is long gone. Many smart folks seized it. Whatever can be said on such silver platters applies almost equally to gold. The silver sprint gains are typically much larger than the gold steady gains. The coming autumn months will feature a gaggle of supposed financial analyst experts backpeddling in their hasty damage control. They have been broadcasting a wide assortment of low level propaganda posing as competent analysis, as they attempt to make the point that the anti-USDollar trade is done, the gold trade is over, the silver trade is spent. They are so wrong. A comedy of clumsy oafs and dolts on the Wall Street payroll awaits the public in a grand chapter on stage. They will struggle to explain the move in silver over $50 on its way to $80 per ounce. They will struggle to explain the move in gold over $1600 and then $1700 per ounce. The mainstream news has been deeply involved in a delicate balancing act. They must report the news, but it is almost all very bullish for the precious metals. A new financial mini-disaster unfolds almost every week. Last two weeks were Greece. The next week might be Portugal. They must report the news, but it paints a picture of a broken monetary system with debased currencies. They must report the news, but it openly provides the gory blow by blow details of ruined sovereign debt. TheUnited States debt situation is Greece times one hundred.


Read more @ ORIGINAL SOURCE

Thursday, July 7, 2011

Silver: It's All About Inventories [By Jeff Nielson 06/07/2011; thestreet.com]

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.



NEW YORK (Bullion Bulls Canada) -- While I have long since given up the "hunt" for intelligent analysis from the mainstream media on the silver sector, I have also become somewhat frustrated with much of the commentary I've seen from the more reliable/better informed commentators within the silver sector. Two "camps" seem to have emerged, separated by what I can only describe as a logical disconnect.
On the one hand, we have a group of very vigilant and bullish commentators who are squarely focused on the melodrama of "evaporating" inventories now taking place in the Comex (and any/every other warehouse where significant amounts of silver can still be found). Their reporting, while insightful, is almost surreal.
Read more @ ORIGINAL SOURCE

Tuesday, July 5, 2011

SILVER GURUS: Paper to Physical Ratio of 25, 100, 500 to 1? Sprott, Martenson & Bix Weir [July 3rd 2011]