Read more @ ORIGINAL SOURCE
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 Portugal United States debt situation is Greece
Read more @ ORIGINAL SOURCE
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.
Tuesday, July 5, 2011
Sunday, July 3, 2011
Wednesday, June 29, 2011
WAKE UP SILVER INVESTORS! [By Bix Weir, 28 June 2011]
It seems to me that everyone has been lulled to sleep in the silver world. One thing you have to remember is that NOTHING HAS CHANGED...except the price. Supply, demand, new technologies, physical demand, investment demand...all those reasons you got into silver have not changed a bit. What has changed is that "They" decided to raise the price to $49/oz and then lower the price below $35/oz.
THEY can place the price of silver ANYWHERE they want with computer market rigging but they CAN'T change all those the reasons you got in.
Do you remember how scary it was to buy silver at $49/oz? You wished you had bought back when it was $40 even though you knew that in the long run "THEY" can't stop the rising price of silver forever. Now THEY'VE placed the price below $35/oz and yet you are still scared...YOU ARE SCARED THE PRICE MIGHT GO DOWN FURTHER!
My friend, you are playing right into THEIR hands. You are in the midst of a psych-ops program designed to make yourself question your silver analysis.
DON'T FALL FOR IT!
Keep stacking up ounces of silver. Keep buying up or down...it does not matter where the price goes if you truly understand the silver market. You should be preparing for the END of SILVER MANIPULATION.
Bix Weir
Thursday, June 23, 2011
Eric De Groot: PIMCO'S Gross says Fed to unveil QE3 at Jackson Ho...
Eric De Groot: PIMCO'S Gross says Fed to unveil QE3 at Jackson Ho...: "It’s denoted here as QE(n) donates for a reason. QE must continue or the social and economic consequences of a growing debt implosion will i..."
Peter Schiff - US Set to Default, Silver Headed to $200 [June 22, 2011 Kingworldnews.com]
When asked about gold and silver in that environment Schiff replied, “They’ll go straight up. That’s why you want to buy your gold and silver before that atmosphere.”
Regarding silver specifically Schiff had this to say, “I think anything in the low $30’s represents a pretty good entry point for people to buy...Once we go through $50...I see silver going to $200 an ounce. I own a lot of silver personally because of that outlook.”
Read the Full Article HERE
Wednesday, June 22, 2011
Silver coin sales boom as investors seek haven [June 22, 2011 - 2:32PM, SMH]
Silver-coin sales from the Perth Mint, which was founded in 1899 and processes all of the country’s bullion, have surged to a record as buyers seek to protect their wealth with the metal known as poor man’s gold.
The mint sold 10.7 million one ounce silver coins since July 1 last year, according to Sales and Marketing Director Ron Currie. That’s 66 per cent higher than the previous full fiscal year and about 10-fold more than five years earlier. Sales of one ounce gold coins will be close to a record, he said.
The soaring demand adds to signs investors are stepping up precious-metal purchases as Europe’s governments tackle a sovereign-debt crisis and central banks led by the US Federal Reserve print cash to stimulate their economies, potentially devaluing paper currencies. Cash silver, the second-best performing commodity over the past year, hit a record in April.
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“Silver’s still booming and it’s been going strongly for a year,” Currie said. “A lot of the buying is by people new to the market,” with European and US investors the most active international purchasers of the mint’s products, he said.
Tuesday, June 21, 2011
Monday, June 20, 2011
Thursday, June 16, 2011
Comex position is bullish again for silver prices [By: Peter Cooper, June 15 2011]
Silver prices are set in the Comex futures pit in Chicago, and traders are becoming excited again by prospects for the shiniest of metals because of the supply and demand position within the exchange.
What has happened recently is a drop in the amount of physical silver available for delivery in the Comex – down 38 per cent to 29 million ounces since the start of 2011 – while the amount of silver that is being held for clients to claim in the Comex is up by 23 per cent to 72 million ounces.
Bullish signal
This looks like a classic under supply relative to demand situation waiting to happen, and this is very bullish for the price of silver.
Read more @ ORIGINAL SOURCE
Wednesday, June 15, 2011
Turk - Gold & Silver Have Bottomed, Summer Explosion Ahead [June 14, 2011]
With gold and silver rallying, today King World News interviewed James Turk to ask him if we have seen the lows. When asked about a bottom forming here Turk responded, “Eric you know from our previous discussion that I was looking for some more backing and filling and that is exactly what has happened over the last couple of weeks. More importantly gold dropped back to test $1,520, while silver probed support around $35 and both support levels held.”
“The sharp rally that occurred today off of those support zones suggests to me that the correction is over. In other words we are going to see silver back above $40 and gold above $1,550 within the next couple of weeks. Everything is all set for new record high prices in both metals this summer, which is going to surprise a lot of people.
Read more @ ORIGINAL SOURCE
“The sharp rally that occurred today off of those support zones suggests to me that the correction is over. In other words we are going to see silver back above $40 and gold above $1,550 within the next couple of weeks. Everything is all set for new record high prices in both metals this summer, which is going to surprise a lot of people.
Read more @ ORIGINAL SOURCE
Tuesday, June 14, 2011
Silver Preparing For Another Shock And Awe Move [SUNDAY, JUNE 12, 2011] By Eric De Groot
Eric is a trader/investor, founder, designer, and editor of Insights, market & economic researcher and historian, periodic contributor to jsmineset.com, and BS & MBA.
READ HIS ARTICLE HERE
READ HIS ARTICLE HERE
Friday, June 10, 2011
Silver 2 Hour Chart [By Chris Vermeulen] Jun 9 2011 10:11AM
Silver took a big hair cut last month falling from $50 down to $33 per ounce. Ever since then it has been trying to form a base which will act as the next launch pad for higher prices. So far it is looking good but there is a key resistance level to breakthrough before fireworks. Keep your eye on the silver bullet.
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