Louise Yamada - Special Gold & Silver Technical Update [kingworldnews December 6, 2011]

Silver spot price (SILV-31.97, see Figure 30) has been weaker than Gold, and the recent rally failed at the resistance of the broken support near 35.  If support at 30 fails to hold, Silver could be due to pull back toward the 2008 uptrend near 25, with the outside, worst case, possibility that even 20 (a full pullback to the multi-year breakout) could also occur.  The strong and swift 170% advance into 2011 followed by the 46% decline will also require time to repair, inclusive of price pullbacks. 

Notice that the weekly momentum model continues to decline (see arrow), suggesting potential further price attrition, or at least further sideways trading.  Here, too, the corrective behavior could carry into next year against dollar strength.  Eventually, were price able to move through 35-37, a challenge of 40 could again come into play, but we don’t see this over the near term. 

Louise Yamada

Read more @ ORIGINAL SOURCE

Silver Market Update [From CliveMaund.com December 5th, 2011]

Superficially silver still looks pretty sick on the charts and weak compared to gold. However, the more closely you look at it, the more bullish the picture becomes. In the last update we had identified a potential Head-and-Shoulders top in silver on its 18-month chart, which would - and still could - become operative if Europe founders and the deflationary scenario prevails. However, the events of last week are evidence that a rescue is in its early stages, and that large scale money creation is on the way in order to faciliate this. This being so the potential H&S top looks set to abort, and there are some important indications that Smart Money has positioned itself for this.

Read more @ ORIGINAL SOURCE

The Silver Market Psychology & Inflation [Silverguru Nov 29, 2011]

James Turk - Bullish Flag Pattern to Quickly Send Silver to $70 [kingworldnews: November 28, 2011]

With gold, silver and stocks all moving strongly to the upside, today King World News interviewed James Turk out of Spain to get his take on what is happening.  When asked about the action in gold and silver, Turk responded, “What a great way to start the week, Eric.  This move is going to catch a lot of people by surprise as evidenced by the extremely low sentiment readings.  Those low readings are a clear indication that there is a lot of money on the sidelines that is waiting to jump on board.”

James Turk continues:

“That money will come into the market like a tidal wave with just a little bit more upside progress.  Importantly, I think we are going to see more upside progress as we work toward the end of the year.  There are two important developments from a technical perspective.  

The first we have already spoken about, namely the bullish flag pattern on the weekly silver chart (above).  When silver breaks out to the upside, this flag measures to a target price of around $68 to $70.  More importantly, the jump out of the flag should happen more quickly than the $18 to $50 move we saw back in 2010 and early 2011, which took about nine months....

Read more @ ORIGINAL SOURCE

Great Interview: TFMR Podcast #7 with Ted Butler [Thursday, November 24, 2011 at 7:51 pm]

Click Here to Listen to the Podcast

“Holy Jeepers,” Sprott to Buy $1.5B of Silver Bullion! [Posted by Dominique de Kevelioc de Bailleul on Nov 22, 2011 Read more: http://www.beaconequity.com]

The silver price could explode higher in coming months.

As the silver and gold price predictably fade ahead of option expiration, JP Morgan’s bullion manipulation scheme could be headed for unprecedented problems, not from the record purchases of gold and silver from the Chinese, Indians or Russians, but from one Canadian billionaire.

Canadian-based Eric Sprott Management CEO Eric Sprott filed a follow up prospectus for the purchase of an additional $1.5 billion of silver bullion to cover expected demand for the company’s exchange traded fund, PSLV. 

Read more @ ORIGINAL SOURCE

James Turk "History Will Repeat Itself, $11,000 Gold 2013-2015 [Nov 23 2011; Victoryindependence]

Capital Account: Jim Rogers on QE3, MF Global and his Outlook for Gold (11/22/11)

Gold and Silver News Nov 20 2011: Imminent Collapse? [GoldMikeMaloney]

Silver Market Update [Clivemaund.com; November 20th, 2011]

We have had a major rethink since the last update was posted, which was one reason why no update was posted last weekend. This rethink has been occasioned by the rapid tilt towards deflation of the past couple of weeks. In the last update you may recall that we assumed that politicians and world leaders would follow the easiest route of QE which would lead in the direction of hyperinflation, but we really should know by now that you can't assume anything in this business. For sure, most of them would like to follow this route, for it buys them the maximum time before they end up at the end of a rope, but unfortunately for them they are losing control and things are starting to fall apart at alarming rate. Details of the latest thinking re the deflation/hyperinflation arguments are set out in the parallel Gold Market update, to which you are referred, and it will suffice here to give as examples of the tilt towards deflation the moves in the US to rein in the deficits and of course the spiking bond interest rates in Europe - if we do not see dramatic large scale intervention by the European Central Bank (ECB) involving a massive blast of QE, Europe will be finished shortly as a united economic entity, and after a possible temporary party to celebrate the demise of Europe, the US Treasury market will collapse.

Read more @ ORIGINAL SOURCE

Silver Update Nov/19/11 - Mind Control [BrotherJohnF]

Interview with David Morgan--"MF Global Collapse Extremely Bullish for Bullion" Part 1 [TekoaDaSilva]

Silver $140 At Least? [Hubert Moolman Nov 4, 2011]

Why Buy Silver - Buying Silver In Times of Crisis [Nov 11, 2011]

Turd Ferguson: The Inexorable March Higher For Precious Metals [Nov 10, 2011]

TFMETALSREPORT.COM Sunday, November 6, 2011 at 4:59 pm [9:45 am EST UPDATE]

Silver Update NOV/6/11 - Margin Chagrin [BrotherJohnF]

Silver Market Update [originally published November 6th, 2011 Clivemaund.com]

Silver did what was expected of it last week, by reacting back to support in the $33.50 area, although it very briefly touched $32 intraday on Tuesday, and then, also as expected it bounced back. On the 4-month chart the action last week looks like a normal reaction, that may be a bull Flag, within a young uptrend that was signalled by the clear break above important resistance in the $33 area, which marked the top of the now completed intermediate base pattern.

Silver looks good here, and like it is preparing to break clear above the 50-day moving average, which is falling just above the price and currently acting as a constraining influence. The next upleg is expected to see it run at the more serious zone of resistance in the $37.80 - $39.50 area, which will be a bigger obstacle, as at this level it will run into supply from earlier buyers who were fleeced during the recent plunge and remain unnerved and ready to sell when they see prices improve.

READ MORE @ ORIGINAL SOURCE

Chinese Silver Investment Going Parabolic [BY DAN COLLINS: NOV/01/2011 Financialsense.com]

When 1.3 Billion people start investing in something…you might want to pay attention.

Chinese investment in silver has exploded since last year, with the trading volume going exponential. The China Daily reported today that the trading volume of silver forwards on the Shanghai Gold Exchange (SGE), China's only exchange for the precious metal, surged 751 percent year-on-year in 2010. Meanwhile, the volume in September of this year was more than six times that of the same period in 2010.

READ MORE @ ORIGINAL SOURCE

Silver Market Update [originally published October 29th, 2011; Clivemaund.com]

See FULL ARTICLE