Survival living history do it yourself off grid This is Part 1 of my new interview with Author and editor of SurvivalBlog.com James Wesley Rawles. James is a leading voice in all things related to prepping & survival. In part 1 Rawles warns that if the North American power grid goes down in a total economic collapse scenario, all bets are off. The resulting catastrophe could lead to the deaths of millions of Americans.
OFF GRID SURVIVAL BLOG
Friday, October 11, 2013
Friday, September 27, 2013
Small solar for the survivalist, prepper, survival retreat, off grid, solar power
solar panels can only output d/c current as there is nothing to alternate the current. The new trend in solar is to have distributed grid tie inverters. These inverters are used to change the power from d/c to a/c. This means that each panel or small array will have it's own inverter that can output the desired voltage a/c instead of the native panels d/c generation. Most of these smart controllers will tie in with a charge controller for batteries
Monday, September 23, 2013
How to Cook Fish in a Survival Situation by Equip 2 Endure
This video is the second part of the spear fishing video that was posted
last weekend. In this scenario I discuss the type of fire that is
desirable, some of the techniques that I like to use in order to make
the coal bed to be optimal. If this technique is used or practiced by
the viewer, it should be understood that the coal bed should correspond
to the amount of fish, or, furred game, that is being cooked. There are
several other issues that should be addressed, but, without personal
instruction it is rather complicated to explain by the written word. The
video should speak volumes and most of the important issues are clearly
seen. These techniques as well as many others are covered in depth in
our (E2E) training courses. We here at E2E do not teach theory we teach
in a real time scenario. Hope you enjoy the video.
Wednesday, September 18, 2013
Outdoor Survival - Survival Kit
Outdoor Survival-Chapter 3-Survival Kit
Outdoor Survival-Chapter 3-Survival Kit from Colorado Parks & Wildlife on Vimeo.
Outdoor Survival - Defining Survival
Outdoor Survival-Chapter 1-Defining Survival
Outdoor Survival-Chapter 1-Defining Survival from Colorado Parks & Wildlife on Vimeo.
Outdoor Survival-Chapter 2-Understanding Survival
Outdoor Survival-Chapter 2-Understanding Survival
Outdoor Survival-Chapter 2-Understanding Survival from Colorado Parks & Wildlife on Vimeo.
Labels:
Outdoor Survival,
Understanding Survival
Outdoor Survival
Colorado is a paradise for backcountry hunting and fishing, but high elevations and sudden weather changes can mean life threatening danger. Survival expert Peter Kummerfeldt takes us through a 10 chapter step by step guide to surviving in Colorado's back country.
Monday, August 26, 2013
The Shortage of Gold is threatening Jewellery Export Orders
The shortage of gold is threatening jewellery export orders, with the consequent delay in manufacturing of ornaments. However, the trade is hopeful of a substantial improvement after a Monday meeting with Customs officials.
Gold import has almost stopped, with the confusion for a month in the Reserve Bank of India guidelines. Industry sources say gold is scarcely available, even at high premiums, as nominated agencies and star trading houses have stopped its import after the ambiguity.
RBI issued one formula on July 22, followed by a clarification on August 14. RBI first restricted gold imports through letters of credit, asking importers to pay the entire money upfront. This was later revised to 20 per cent mandatory supply to jewellery exporters. Also, until the proof of 20 per cent exports is given, gold is not to be made available to jewellery manufacturers, RBI said.
http://www.business-standard.com/article/markets/gold-shortage-threat-to-cancellation-of-jewellery-export-orders-113082600853_1.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Gold import has almost stopped, with the confusion for a month in the Reserve Bank of India guidelines. Industry sources say gold is scarcely available, even at high premiums, as nominated agencies and star trading houses have stopped its import after the ambiguity.
RBI issued one formula on July 22, followed by a clarification on August 14. RBI first restricted gold imports through letters of credit, asking importers to pay the entire money upfront. This was later revised to 20 per cent mandatory supply to jewellery exporters. Also, until the proof of 20 per cent exports is given, gold is not to be made available to jewellery manufacturers, RBI said.
http://www.business-standard.com/article/markets/gold-shortage-threat-to-cancellation-of-jewellery-export-orders-113082600853_1.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Sunday, August 25, 2013
Nanofiber and Silver Production
Aug 24, 2013 - 11:28 AM GMT
By: Dr_Jeff_Lewis
Commodities Silver production tends to center around two often unknown factors. First of all, many people seem unaware that byproduct mining is the primary source of new silver supply.
Secondly, the broken price discovery mechanism for silver has resulted in artificially low prices that have led to the demise of many primary silver producers.
Although this seems to be yet another compelling positive factor underlying silver’s fundamentals, the end of price controls and key technological improvements already on the horizon will ultimately determine silver’s price going forward.
Silver Price Control in Action
For example, after silver recently breaks below the $19 dollar paper price, short term price controls break down temporarily, allowing the price to run up to $23, where it even threatens to breach the $24 level.
Also, the President is planning a meeting with his top monetary officials. The White House said it expects the heads of the Securities and Exchange Commission, Commodity Futures Trading Commission, Consumer Financial Protection Bureau, U.S. Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Federal Housing Finance Agency and the National Credit Union
Fed Chair Ben Bernanke et al. will speak tomorrow, as well. Then the paper price of silver gets smashed overnight by some entity with enough weight to push around a far too thin market.
Administration to attend the meeting Monday afternoon.
Read More at : http://www.marketoracle.co.uk/Article41990.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
By: Dr_Jeff_Lewis
Commodities Silver production tends to center around two often unknown factors. First of all, many people seem unaware that byproduct mining is the primary source of new silver supply.
Secondly, the broken price discovery mechanism for silver has resulted in artificially low prices that have led to the demise of many primary silver producers.
Although this seems to be yet another compelling positive factor underlying silver’s fundamentals, the end of price controls and key technological improvements already on the horizon will ultimately determine silver’s price going forward.
Silver Price Control in Action
For example, after silver recently breaks below the $19 dollar paper price, short term price controls break down temporarily, allowing the price to run up to $23, where it even threatens to breach the $24 level.
Also, the President is planning a meeting with his top monetary officials. The White House said it expects the heads of the Securities and Exchange Commission, Commodity Futures Trading Commission, Consumer Financial Protection Bureau, U.S. Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Federal Housing Finance Agency and the National Credit Union
Fed Chair Ben Bernanke et al. will speak tomorrow, as well. Then the paper price of silver gets smashed overnight by some entity with enough weight to push around a far too thin market.
Administration to attend the meeting Monday afternoon.
Read More at : http://www.marketoracle.co.uk/Article41990.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Saturday, August 24, 2013
Junk Silver Bags from Peter Schiff
Mr. Peter Schiff simply stated that junk silver is not an ideal investment option because premiums are becoming too high. In addition to saving money on premiums, you gain the advantage of having newly minted 100% (almost) silver rounds. We should be thanking Mr. Schiff for providing us with better investment options.
Peter Schiff does a live demonstration of his new innovative Silver Barter Bag -- the *best value* in physical silver ever offered by Euro Pacific Precious Metals. Bags of pure, investment-grade fractional silver rounds at premiums up to *half off* the going rate for junk coins.
For more info, call 1-888-GOLD-160 or visit http://www.SchiffSilver.com.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Peter Schiff does a live demonstration of his new innovative Silver Barter Bag -- the *best value* in physical silver ever offered by Euro Pacific Precious Metals. Bags of pure, investment-grade fractional silver rounds at premiums up to *half off* the going rate for junk coins.
For more info, call 1-888-GOLD-160 or visit http://www.SchiffSilver.com.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Silver – A Change In Behavior. Enough For A Bottom?
Michael Noonan
|
Sunday, August 4th
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One of the largest issues many have with technical analysis is linking an understanding of their fundamental "beliefs" with prices on a chart. By fundamental, we include simply the knowledge of any number of known factors, shortages, record buying of coins, people generally positive about the "news," as a few simple examples. There is a need for a hand-to-eye type of association between existing fundamental "beliefs" and current prices.
Beliefs are formed opinions about reality, but not necessarily reality itself. Change the belief, and you change the reality. The current wide-spread belief is that there is a huge shortage in silver, relative to the demand. From that belief an expectation of higher prices arises. The reality is, for whatever reason, price has declined to levels that have surprised almost all who follow the silver market, and gold, as well.
Technical analysis is a measure different from fundamental analysis. We will depart even more by qualifying our approach as a specialized subset of technical analysis. How so? We read price and volume behavior, over time, in the form of developing market activity. It is what one sees on a chart, price ranges, close locations, volume, time factor[s], but no more.
We do not use artificial tools like Relative Strength, Fibonacci, Bollinger Bands, MACD, Elliott Wave, even moving averages. From our view, they are past tense information being imposed upon present tense activity with the expectation of divining the future.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Thursday, August 22, 2013
Gold ignores Fed minutes in favor of China data
Everyone was clearly convinced the Fed was going to provide, with absolute clarity, what they were thinking in regard to tapering. This is despite them failing to do so every other time markets thought they might do just this.
Obviously the FOMC minutes did not provide any further clues as to when the bond buying program might be scaled back. The general sentiment of the board was that more data was required and, for some, that it might be too soon to begin tapering. Despite this many believe the minutes indicated that the Fed ‘remained on track’ to scale back purchases should conditions remain the same.
The gold price didn’t really care, before or after the release. In the run-up to the minutes it fluctuated between gains and losses and post-release it originally gained in the first few minutes but then fell very slightly. The SPDR Gold Trust gained 0.5%, despite seeing outflows.
Prior to the FOMC minutes, volumes of the Shanghai Gold Exchange climbed to 10,926kg for gold of 99.99 percent purity, their highest level since August 2nd.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, August 19, 2013
Silver Price Soars Back Into Bull Market
Do you know US government namely the FED has printed or expanded the amount of money by over 2.68 trillion dollars since 2009 alone?
The consequences of doing this are that you will lose dollar value rapidly if you are holding paper money or non physical assets as your investment portfolio.
So called hyperinflation sooner or later will cause you to lose most if not all of your hard earn assets quicker than you realize unless you take the rightful step to hedge your paper based IRA retirement portfolio with physical investment in gold or silver.
It is for your own protection that you take the best measure against currency debasement from currency collapse and run away hyperinflation that is taking place even while you are sleeping.
As hyperinflation is inevitable you should as soon as you can to stop investing in paper based assets such as stocks, bonds, mutual funds by safeguarding your saving especially your retirement fund now.
We would recommend you to consider "Regal Assets". One of the 5 stars A+ rating company for your safe gold IRA or 401K transferring or rolling over investment. Regal Assets is featured in Forbes 2013 magazine as a trusted choice for your physical gold investment in IRA rollover today!
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MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, August 16, 2013
When Silver Shortages Reach the Mainstream
Aug 16, 2013 - By: Dr_Jeff_Lewis
Many observers have realized that the price of silver will rise dramatically at some point because the amount of paper silver is many times the amount of physical silver. When this fact is even partially acknowledged by the mainstream, silver will probably move much higher.
Furthermore, silver has historically been a real money substitute for paper fiat currency. The governments of the world cannot afford to allow silver’s price to rise on the perception that people are losing confidence in their country’s paper fiat currency.
Manipulation Has Contributed to Physical Silver Shortages
The price of silver has been kept in check by via the management of a profitable and decades-long net short futures position held by the market’s largest banking players, who have allegedly been acting as agents for the controllers of money.
Of course, if these controllers selling silver make a futures market trading loss, they only have to print more paper money to pay for it, since the seller of a futures contract controls whether or not physical delivery occurs.
Lower paper silver prices also allow them to pick up cheap physical silver from the unsuspecting public that still typically remains unaware of the futures market manipulation.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Many observers have realized that the price of silver will rise dramatically at some point because the amount of paper silver is many times the amount of physical silver. When this fact is even partially acknowledged by the mainstream, silver will probably move much higher.
Furthermore, silver has historically been a real money substitute for paper fiat currency. The governments of the world cannot afford to allow silver’s price to rise on the perception that people are losing confidence in their country’s paper fiat currency.
Manipulation Has Contributed to Physical Silver Shortages
The price of silver has been kept in check by via the management of a profitable and decades-long net short futures position held by the market’s largest banking players, who have allegedly been acting as agents for the controllers of money.
Of course, if these controllers selling silver make a futures market trading loss, they only have to print more paper money to pay for it, since the seller of a futures contract controls whether or not physical delivery occurs.
Lower paper silver prices also allow them to pick up cheap physical silver from the unsuspecting public that still typically remains unaware of the futures market manipulation.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, August 14, 2013
Silver & WWIII - $1,000 an ounce
Silver & WWIII - $1,000 an ounce
Be careful what you wish for. If silver ever did go to $500 an ounce or $1,000 an ounce or $1,500 an ounce that would mean a catastrophic total collapse of the Western financial empire. If we can make it through these tough economic times and keep things relatively smooth than expect silver to maybe peak at $150 to $200 an ounce.
A catastrophic and systemic collapse of the Western financial system would mean that major warfare could become reality so never hope for that situation because that would be the conditions that would result in Silver going over $1,000 an ounce. As many conspiracy students like to point out the evils of the Western elite, the replacements that would fill the power vacuum by the collapse of the West coming from Chinese elitists and Russian elitists would be far worse. So !,000 Silver is something we hope will never occur except in the far distant future.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, August 12, 2013
Gold & Silver Prices Will Rise in Next 12 Months, NO Bear Market in PMs
though all the banking shills at CNBC, Fortune magazine, the WSJ, and in the mass media espoused the bankster claims that gold and silver were "dead" and that the drop in prices that started in April were only the "beginning" of much greater drops, the reality is that the drops in gold and silver only happened in paper markets, and that the Western bankers have now lost a lot of physical gold on this fraud to the East. Gold & Silver prices WILL rise over the next 12 months and we are willing to guarantee it
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Silver Shortage Debate! Conclusion? Either Way Prices Will Rise Mid-Term!
An interview discussing the silver shortage, with Raul from Alt Investors Hangout.
find silver at great prices where others will not. If silver were to hit $5 and the mines decided they were gonna ignore spot price and put out silver at say 15-30 an ounce. The system would hold up and it would be buisness at usual with premiums ranging probably in the $5-$10 dollar range over whatever mines are outputting their silver at.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
find silver at great prices where others will not. If silver were to hit $5 and the mines decided they were gonna ignore spot price and put out silver at say 15-30 an ounce. The system would hold up and it would be buisness at usual with premiums ranging probably in the $5-$10 dollar range over whatever mines are outputting their silver at.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, August 9, 2013
Silver and Gold – a New Divergence?
Silver demand continues to grow as gold seems to have lost its luster. Read about market machinations and learn the facts.
Silver has been resilient, though the price of the metal has not. What do I mean by that?
Since the collapse of precious metals prices started in May of this year we’ve seen valuations fall tremendously. Even greater has been the drop of demand for certain metals. Probably the most brutal attack on a metal that we can visualize is that of the gold ETF known as GLD.
The GLD has lost a staggering 31% of its holdings since the peak seen back in December 2012. By July, 29 2013 it had lost 13,638,000 of its 43,453,000 ounces, leaving 29,815,000 ounces of gold held in trust. During the same time period we saw the silver ETF, SLV, lose only about 3% of its holdings from the high of April 2011 when it was holding nearly 11,243 tons of silver in its vaults.
The coin market tells a different story with The US Mint selling silver Eagles at a brisk pace. At current levels, the year 2013 looks to be a banner year. If the US mint continues at this pace it will have increased sales by 50% year-over-year. Oddly enough, the 1 ounce gold US Eagle is also selling well. It is on pace to sell almost 48% more than the great year they had in 2011. This, I believe, is a very telling sentiment of the coin-consuming public.
http://www.silverseek.com/article/silver-and-gold-%E2%80%93-new-divergence-12365
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, August 7, 2013
Palladium Shortages spur bullish wagers
Palladium shortages spur bullish wagers
August 6 2013 at 11:17am
New York - At a time when gold and silver are tumbling the most in three decades, hedge funds are holding a near-record bullish bet on palladium as forecasters from Morgan Stanley to Credit Suisse Group AG predict years of shortages.
Demand will exceed output by 1.33 million ounces in 2013, more than North America produces in a year, Morgan Stanley says.
Credit Suisse anticipates deficits through at least 2016, and researcher CPM Group says mines won’t catch up for a decade.
Prices will average $800 an ounce in the first quarter, 9.9 percent more than now, and $850 in 2015, the median of as many as 12 analyst estimates compiled by Bloomberg show.
Speculators raised bets on higher prices eightfold in the past year and are holding a near-record amount in funds.
http://www.iol.co.za/business/markets/commodities/palladium-shortages-spur-bullish-wagers-1.1558239#.UgKK8zeyIs4
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, August 5, 2013
It Could Be A Long, Not-So-Hot August For Gold
Precious Metals Weekly Market Wrap
It was a week of high volatility for gold and silver as prices were influenced by a series of key U.S. economic data and the conclusion of a Federal Reserve policy meeting where nothing new was offered on a September "tapering" of the central bank's $85 billion per month money printing effort.
Precious metals were little changed up until Thursday when the combination of a very strong U.S. manufacturing report and a new recovery low for jobless claims sent the trade-weighted dollar sharply higher and metal prices lower (recall that the two often move opposite each other). Traders concluded that these reports made it more likely the Fed would curtail its bond buying program next month, but Friday's relatively weak labor report saw gold and silver prices end on a positive note, albeit not positive enough to offset earlier losses.
Gold and silver ETFs saw more outflows, demand for precious metals remained strong in China, the Indian government continued its campaign to curb gold demand in order to narrow its trade deficit, and the subject of gold market backwardation was again in the news.
For the week, the gold price fell 1.5 percent, from $1,333.80 an ounce to $1,313.50, and silver dropped ten cents, from $19.99 an ounce to $19.89. The gold price is now down 21.6 percent so far this year, some 31.7 percent below its record high of over $1,920 an ounce almost two years ago, and silver has fallen 34.5 percent in 2013, almost 60 percent below its all-time high near $50 an ounce in early-2011.
http://seekingalpha.com/article/1602752-it-could-be-a-long-not-so-hot-august-for-gold?source=google_news
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
It was a week of high volatility for gold and silver as prices were influenced by a series of key U.S. economic data and the conclusion of a Federal Reserve policy meeting where nothing new was offered on a September "tapering" of the central bank's $85 billion per month money printing effort.
Precious metals were little changed up until Thursday when the combination of a very strong U.S. manufacturing report and a new recovery low for jobless claims sent the trade-weighted dollar sharply higher and metal prices lower (recall that the two often move opposite each other). Traders concluded that these reports made it more likely the Fed would curtail its bond buying program next month, but Friday's relatively weak labor report saw gold and silver prices end on a positive note, albeit not positive enough to offset earlier losses.
Gold and silver ETFs saw more outflows, demand for precious metals remained strong in China, the Indian government continued its campaign to curb gold demand in order to narrow its trade deficit, and the subject of gold market backwardation was again in the news.
For the week, the gold price fell 1.5 percent, from $1,333.80 an ounce to $1,313.50, and silver dropped ten cents, from $19.99 an ounce to $19.89. The gold price is now down 21.6 percent so far this year, some 31.7 percent below its record high of over $1,920 an ounce almost two years ago, and silver has fallen 34.5 percent in 2013, almost 60 percent below its all-time high near $50 an ounce in early-2011.
http://seekingalpha.com/article/1602752-it-could-be-a-long-not-so-hot-august-for-gold?source=google_news
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, August 2, 2013
Silver – A Change In Behavior. Enough For A Bottom?
By Michael Noonan
One of the largest issues many have with technical analysis is linking an understanding of their fundamental "beliefs" with prices on a chart. By fundamental, we include simply the knowledge of any number of known factors, shortages, record buying of coins, people generally positive about the "news," as a few simple examples. There is a need for a hand-to-eye type of association between existing fundamental "beliefs" and current prices.
Beliefs are formed opinions about reality, but not necessarily reality itself. Change the belief, and you change the reality. The current wide-spread belief is that there is a huge shortage in silver, relative to the demand. From that belief an expectation of higher prices arises. The reality is, for whatever reason, price has declined to levels that have surprised almost all who follow the silver market, and gold, as well.
Technical analysis is a measure different from fundamental analysis. We will depart even more by qualifying our approach as a specialized subset of technical analysis. How so? We read price and volume behavior, over time, in the form of developing market activity. It is what one sees on a chart, price ranges, close locations, volume, time factor[s], but no more.
http://news.goldseek.com/GoldSeek/1375106400.php
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
One of the largest issues many have with technical analysis is linking an understanding of their fundamental "beliefs" with prices on a chart. By fundamental, we include simply the knowledge of any number of known factors, shortages, record buying of coins, people generally positive about the "news," as a few simple examples. There is a need for a hand-to-eye type of association between existing fundamental "beliefs" and current prices.
Beliefs are formed opinions about reality, but not necessarily reality itself. Change the belief, and you change the reality. The current wide-spread belief is that there is a huge shortage in silver, relative to the demand. From that belief an expectation of higher prices arises. The reality is, for whatever reason, price has declined to levels that have surprised almost all who follow the silver market, and gold, as well.
Technical analysis is a measure different from fundamental analysis. We will depart even more by qualifying our approach as a specialized subset of technical analysis. How so? We read price and volume behavior, over time, in the form of developing market activity. It is what one sees on a chart, price ranges, close locations, volume, time factor[s], but no more.
http://news.goldseek.com/GoldSeek/1375106400.php
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, July 31, 2013
How to beat a GOLD SHORTAGE
Gold is sold out! Or so you might think if you miss the true nature of coin supply...
By Miguel Perez-Santalla
Over the last few years, during the great investment demand for gold and silver, we have seen sporadic shortages in bullion coins.
Many people have written about these shortages as a harbinger of things to come in precious metals more widely. One of the fads is to decry supply issues in silver and now recently gold. However, the truth of the matter is less dramatic, if not quite so simple.
In most cases, supply issues with silver or gold coins are caused by abnormal or let's say surprising increases in demand from bullion coin buyers. Simply put, coins don't come out of thin air. They need to be manufactured. This all takes time and money. No one wants to tie up their money in a product that is not going to sell. That exposes gold and silver buyers to "just in time" inventory gaps if it's coins they want to buy.
http://www.resourceinvestor.com/2013/07/15/how-to-beat-a-gold-shortage
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
By Miguel Perez-Santalla
Over the last few years, during the great investment demand for gold and silver, we have seen sporadic shortages in bullion coins.
Many people have written about these shortages as a harbinger of things to come in precious metals more widely. One of the fads is to decry supply issues in silver and now recently gold. However, the truth of the matter is less dramatic, if not quite so simple.
In most cases, supply issues with silver or gold coins are caused by abnormal or let's say surprising increases in demand from bullion coin buyers. Simply put, coins don't come out of thin air. They need to be manufactured. This all takes time and money. No one wants to tie up their money in a product that is not going to sell. That exposes gold and silver buyers to "just in time" inventory gaps if it's coins they want to buy.
http://www.resourceinvestor.com/2013/07/15/how-to-beat-a-gold-shortage
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, July 29, 2013
The Coming Shortage Of Gold and Silver That Will Send Prices Soaring
Is the paper gold scam about to be brutally crushed by a crippling shortage of physical gold? If so, what will that do to global financial markets? According to the Reserve Bank of India, “the traded amount of ‘paper linked to gold’ exceeds by far the actual supply of physical gold: the volume on the London Bullion Market Association (LBMA) OTC market and the major Futures and Options Exchanges was OVER 92 TIMES that of the underlying Physical Market.” In other words, there is a massive amount of paper out there, but very little actual physical gold to back it up. And right now, we are witnessing voracious hoarding of physical gold all over the globe. This is especially true in Asia. Just see this article and this article. All of this hoarding is putting a tremendous amount of pressure on those that have made all of these “paper promises”, because the truth is that there really isn’t all that much physical gold on the planet. In fact, Warren Buffett once estimated that if all of the gold in the entire world was brought into one place, it could be formed into a cube that would only be 69 feet long by 69 feet high by 69 feet wide.
As the emerging shortage of physical gold becomes increasingly apparent, the massive Ponzi scheme that the bullion banks have been running for decades is going to completely fall apart. The following is what Egon von Greyerz told King World News the other day…
http://etfdailynews.com/2013/07/29/the-coming-shortage-of-gold-and-silver-that-will-send-prices-soaring/
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, July 26, 2013
Why Is Silver Manipulation So Absurd?
Adam English | Wednesday, July 24th
Every time someone in America buys electronics or a car — or even cracks open a can of beer — Goldman Sachs gets paid.
A breaking story from the New York Times has all the details...
Three years ago, this too-big-to-fail bank capitalized on special rules created by the Federal Reserve and authorized by Congress by buying an obscure company called Metro International Trade Services. It is one of the largest warehousing companies for aluminum in the country.
Since then, it has manipulated the system to pull in massive profits.
In spite of tepid demand for aluminum worldwide after the Great Recession, the amount of time required for aluminum delivery has increased 20-fold — from six weeks to 16 months — since the company was purchased. This could be explained by shortages or logistical issues, if any existed. The company is actively making the process inefficient.
Since 2008, the stockpile of aluminum grew from 50,000 tons in 2008 to a massive 1.5 million tons today. Industry rules require at least 3,000 tons be moved out of warehouses each day.
However, instead of delivering the metal to buyers, Goldman is just shuffling the metal between warehouses to skirt the intent of the rules.
The warehouses collect rent for each day the metal is stored. Storage costs are a primary factor for the premium added to the price difference between the spot market and the actual price charged for delivery.
Estimates show this premium has doubled since Goldman's acquisition. For every ton delivered, an extra $114 is charged. With how much aluminum is used in everything from soda cans to automobiles, estimates put the extra cost to American consumers at $5 billion over three years.
This business has been so lucrative that Goldman plans to expand the operations. It recently filed documents with the SEC outlining its plan to store copper in the same warehouses.
No Exception to the Rule
The list of manipulations by mega banks touches every corner of finance.
Virtually every commodity has been hit by massive positions that influence prices for illicit gains...
LIBOR and delaying interest rate information amounted to $880 trillion in manipulation alone, and affected every mortgage and loan worldwide. And JPMorgan is all over the news, turning money-losing power plants into profit centers by manipulating the market and being paid for not firing up the plants.
But bring up any of these topics, and you'll hear the same cynical responses. Mention silver manipulation, and it will be dismissed as fringe conspiracy theory.
In an age where everything is being manipulated, it defies belief that somehow silver prices aren't being abused for illicit gains. It requires willful ignorance. The fact is, there is plenty of evidence staring everyone right in the face.
Let's just have a look at JPMorgan...
JPMorgan's Silver Cash Grab
JPMorgan inherited a massive amount of silver shorts priced between $20 and $21 when it took over Bear Stearns. Combined with HSBC, the two mega banks covered 85% of all silver shorts.
That right there is a solid case for manipulation — because the short position was so massive compared to physical silver trading and long positions. What's worse, the U.S. Treasury created the situation.
If the free market resolved the situation, silver would have more than doubled as the short position was covered and evaporated.
The massive position was maintained for years because it wasn't easy to wind down. Any large-scale attempts to unwind the position would be countered by other big traders and result in a loss. JPMorgan didn't have to, though; it simply needed to rig the system to turn a buck.
A precious metal trader named Andrew Maguire sent detailed information in an email to the CFTC on Feb. 3, 2010, about what to expect in two days after he noticed signals from JPMorgan and HSBC traders using after-hours high-frequency trades to crush prices.
His description was perfectly accurate. The trader, selling four hundred contracts per second, dumped 45,000 contracts into the market. Each was for 5,000 troy ounces for a grand total of 7,000 tonnes. The seller then suddenly shifted and started purchasing everything he could. Still moving far faster than other traders, he or she walked with $3.6 billion.
In more recent history, JPMorgan has been holding about 25% of the silver short market with the largest eight commercial silver shorts account for 50% to 60%. Estimates put paper silver positions at 143 times the actual amount of physical silver traded.
Massive volumes of sell orders are placed and canceled in fractions of a second by them. The lower sell prices still appear in market data for anyone that cannot handle trading by the millisecond, leading to panic selling by other (much slower) traders.
The high-frequency trading system then snaps up the positions for profit. After all, they never sold anything to begin with... they simply maintained short positions and canceled sales to buy at discounts.
read more : >>>> http://www.silverseek.com/article/why-silver-manipulation-so-absurd-12327
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, July 24, 2013
Bullion Shortage in India
Gold imports by India, the world’s biggest user last year, may plunge after the central bank linked inbound shipments to exports to cut a record current-account deficit and stem a decline in the currency.
Overseas purchases may tumble 63 percent to 175 metric tons in the six months through December from a year earlier, said Bachhraj Bamalwa, a director at the All India Gems & Jewellery Trade Federation. The Reserve Bank of India announced new rules late yesterday, making it mandatory for importers to set aside 20 percent for re-exports as jewelry.
The curbs may cause a shortage of bullion in the domestic market as the country’s average annual exports of gold jewelry are about 70 tons, Bamalwa said. Consumption in India, which imports almost all the bullion it uses, was 864.2 tons last year, according to data from the World Gold Council.
http://www.bloomberg.com/news/2013-07-23/gold-imports-by-india-may-slump-as-purchases-linked-to-exports.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Overseas purchases may tumble 63 percent to 175 metric tons in the six months through December from a year earlier, said Bachhraj Bamalwa, a director at the All India Gems & Jewellery Trade Federation. The Reserve Bank of India announced new rules late yesterday, making it mandatory for importers to set aside 20 percent for re-exports as jewelry.
The curbs may cause a shortage of bullion in the domestic market as the country’s average annual exports of gold jewelry are about 70 tons, Bamalwa said. Consumption in India, which imports almost all the bullion it uses, was 864.2 tons last year, according to data from the World Gold Council.
http://www.bloomberg.com/news/2013-07-23/gold-imports-by-india-may-slump-as-purchases-linked-to-exports.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, July 22, 2013
Gold & Silver Shortages ~ Asian Dealers Fear Summer Shortage
Gold Jump Pulls Miners Higher as Asian Dealers Fear Summer Shortage
London Gold Market ReportFrom Adrian Ash
The WHOLESALE price of gold leapt in thin Asian trade Monday morning, jumping 1.7% inside half-a-minute and then extending its run in London to new 1-month highs at $1322 per ounce.
London-listed gold equities followed, with shares in Randgold Resources – tipped today by analysts at both J.P. Morgan and Morgan Stanley as better able to cut costs and avoid write-downs than competitors – rose 2.5%.
So too however did shares in African Barrick Gold – named by Morgan Stanley as a gold miner facing "heightened risks [with] limited scope to raise returns."
Russian gold miner Petropavlovsk, which by end-May had sold forward 70% of its 2013 output to hedge the falling gold price, meantime rose over 4.3% on the London stock market, taking its rally of the last two weeks above 40%.
Shares in the former million-ounce miner remained 75% below the start of 2013, however.
Randgold Resources was trading today 25% down for the year so far.
"Gold broke through a key technical level at $1300," said one Singapore trader to Reuters this morning.
The first breach of this "psychologically important" level since end-June, however, gold "is still a good $230 off the technically important 200-day moving average," says the daily note from Germany's Commerzbank.
http://news.goldseek.com/GoldSeek/1374499548.php
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Saturday, July 20, 2013
Gold, Silver gain on fresh Demand
Gold surged to Rs 27,300 per ten grams, silver appreciated to Rs 40,730 per kg
Both the precious metals, gold and silver gained in the national capital on Friday on fresh buying by stockists amid a firm global trend.
While gold surged by Rs 275 to Rs 27,300 per ten grams, silver gained Rs 295 to Rs 40,730 per kg on increased offtake by jewellers and industrial units.
Sentiments bolstered after gold surged to a three-week high in global markets, as Federal Reserve Chairman’s comments that stimulus may be maintained spurred demand for the metal.
Gold in London, which normally sets the price trend on the domestic front, appreciated 0.3 per cent to USD 1,287.69 an ounce.
On the domestic front, gold of 99.9 and 99.5 per cent purity zoomed up by Rs 275 each to Rs 27,300 and Rs 27,100 per ten grams, respectively.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, July 19, 2013
Gold and Silver Miners Rolling Over Again
The bullish case for silver is easy enough to make. It also makes sense that if the price per ounce eventually takes off, then the miners would do well.
Nevertheless, the problems that silver miners face are multifaceted and will be discussed further in the following sections.
Still, inflation is a double edged sword for the miners since rising energy costs will be a huge drag on net earnings for these companies. This is especially true for the penny stock miners who are still in the exploration stage and will require revisionary financing going forward.
The industry also suffers from a shortage of experienced geologists, and financing for these mining projects is hard to come by as a rule.
Furthermore, most silver comes from byproduct mining because primary mines simply could not stay in business for the lean decades leading up to the most recent bull market in silver.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Nevertheless, the problems that silver miners face are multifaceted and will be discussed further in the following sections.
Inflation
The next trigger that catapults silver prices higher will likely be associated with a notable rise in inflation that may already be in process. The Producer Price Index (PPI) was up last month significantly for the first time in a while and crude oil is again testing the psychological $100 level.Still, inflation is a double edged sword for the miners since rising energy costs will be a huge drag on net earnings for these companies. This is especially true for the penny stock miners who are still in the exploration stage and will require revisionary financing going forward.
Tough Times for Miners
The entire mining sector has been miserable and positive sentiment is getting pretty close to zero. This might indicate a bottom is near, but the damage to the sector has been done. The industry also suffers from a shortage of experienced geologists, and financing for these mining projects is hard to come by as a rule.
Furthermore, most silver comes from byproduct mining because primary mines simply could not stay in business for the lean decades leading up to the most recent bull market in silver.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, July 17, 2013
Gold Backwardation Seen by SocGen Prompting ‘Corrective Rally’
Gold’s biggest backwardation since 1999 prompted a “corrective rally” and negative investor sentiment means the outlook is still bearish, according to Societe Generale SA.
Physical gold demand is strong and “nearby tightness” will persist for the “foreseeable future,” Robin Bhar, a London-based metals analyst, said in a report e-mailed today. Gold will average $1,150 an ounce in 2014, according to the bank, which predicted the rout in April when prices entered a bear market, having fallen 20 percent from the high last year.
http://www.bloomberg.com/news/2013-07-17/gold-backwardation-seen-by-socgen-prompting-corrective-rally-.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Physical gold demand is strong and “nearby tightness” will persist for the “foreseeable future,” Robin Bhar, a London-based metals analyst, said in a report e-mailed today. Gold will average $1,150 an ounce in 2014, according to the bank, which predicted the rout in April when prices entered a bear market, having fallen 20 percent from the high last year.
http://www.bloomberg.com/news/2013-07-17/gold-backwardation-seen-by-socgen-prompting-corrective-rally-.html
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, July 15, 2013
How to beat a GOLD SHORTAGE
Gold is sold out! Or so you might think if you miss the true nature of coin supply...
By Miguel Perez-Santalla
Over the last few years, during the great investment demand for gold and silver, we have seen sporadic shortages in bullion coins.
Many people have written about these shortages as a harbinger of things to come in precious metals more widely. One of the fads is to decry supply issues in silver and now recently gold. However, the truth of the matter is less dramatic, if not quite so simple.
In most cases, supply issues with silver or gold coins are caused by abnormal or let's say surprising increases in demand from bullion coin buyers. Simply put, coins don't come out of thin air. They need to be manufactured. This all takes time and money. No one wants to tie up their money in a product that is not going to sell. That exposes gold and silver buyers to "just in time" inventory gaps if it's coins they want to buy.
Imagine you are selling a low-cost product with a high margin. It is much more likely that you will have enough inventories for almost all eventualities. Look at a typical retail product – how about lip balm? I don't really know the costs but I can guess. Some of the more premium brands sell individually for $10 each and more, but many quality brands sell for $1.00 or so.
http://www.resourceinvestor.com/2013/07/15/how-to-beat-a-gold-shortage?t=precious-metals
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
By Miguel Perez-Santalla
Over the last few years, during the great investment demand for gold and silver, we have seen sporadic shortages in bullion coins.
Many people have written about these shortages as a harbinger of things to come in precious metals more widely. One of the fads is to decry supply issues in silver and now recently gold. However, the truth of the matter is less dramatic, if not quite so simple.
In most cases, supply issues with silver or gold coins are caused by abnormal or let's say surprising increases in demand from bullion coin buyers. Simply put, coins don't come out of thin air. They need to be manufactured. This all takes time and money. No one wants to tie up their money in a product that is not going to sell. That exposes gold and silver buyers to "just in time" inventory gaps if it's coins they want to buy.
SILVER & GOLD SHORTAGE |
http://www.resourceinvestor.com/2013/07/15/how-to-beat-a-gold-shortage?t=precious-metals
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, July 12, 2013
Gold Coins Shortage: Does It Mean Tight Supply?
Friday, 7/12/2013 18:19
Yes, if it's gold coins you're after. But not if it's gold bullion in other forms...
OVER the last few years, during the great investment demand for precious metals, we have seen sporadic shortages in silver and gold coins, writes Miguel Perez-Santalla at BullionVault.
Many people have written about these shortages as a harbinger of things to come in precious metals more widely. One of the fads is to decry supply issues in silver and now recently gold.
In most cases, supply issues with silver or gold coins are caused by abnormal or let's say surprising increases in demand from bullion coin buyers. Simply put, coins don't come out of thin air. They need to be manufactured. This all takes time and money. No one wants to tie up their money in a product that is not going to sell. That exposes gold and silver buyers to "just in time" inventory gaps if it's coins they want to buy.
Imagine you are selling a low-cost product with a high margin. It is much more likely that you will have enough inventories for almost all eventualities. Look at a typical retail product – how about lip balm? I don't really know the costs but I can guess. Some of the more premium brands sell individually for $10 each and more, but many quality brands sell for $1.00 or so.
I have never seen a retailer that sells this product run out. Though it is possible, most likely that chance is very remote because I believe their profit margin is probably around 100% or more. This typically is called the Keystone markup. My guess is that the retailer pays lower than $.50 for each one of these $1.00 lip balms. So their profit of 50 cents or more covers any carrying charges that may be represented from holding the inventory.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, July 10, 2013
Silver & Gold : There is some dislocation in the Physical Market
Gold hit a one-week high on Tuesday, gaining 1 percent on strong physical demand, and as Chinese inflation data boosted the metal's appeal as a hedge.
The metal's second consecutive daily gain was sparked by data showing China's annual consumer inflation accelerated more than expected in June.
Signs of tightness in gold forward market also boosted investor sentiment.
News that the 1-month and 3-month Gold Forward Offered Rates (GOFO), rates at which bullion banks are prepared to lend gold on a swap against U.S. dollars, fell for the first time in years underpinned gold prices.
"Clearly there is some dislocation in the physical market and maybe because demand has been surprisingly strong that has caused some temporary shortages," said Societe Generale analyst Robin Bhar, adding that there has been a lot of gold borrowing in the last 24 hours.
(Read More: China Remains Entrenched in Producer Price Deflation
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
The metal's second consecutive daily gain was sparked by data showing China's annual consumer inflation accelerated more than expected in June.
Signs of tightness in gold forward market also boosted investor sentiment.
News that the 1-month and 3-month Gold Forward Offered Rates (GOFO), rates at which bullion banks are prepared to lend gold on a swap against U.S. dollars, fell for the first time in years underpinned gold prices.
"Clearly there is some dislocation in the physical market and maybe because demand has been surprisingly strong that has caused some temporary shortages," said Societe Generale analyst Robin Bhar, adding that there has been a lot of gold borrowing in the last 24 hours.
(Read More: China Remains Entrenched in Producer Price Deflation
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Tuesday, July 9, 2013
PRECIOUS-Gold rises 1 pct on physical buying, China inflation
* Gold one and three-month forward rates suggest increased
borrowing
* China June consumer inflation up more than expected
* Gold-backed ETF outflow continues
* Investors await U.S. June FOMC minutes Wednesday
(New updates throughout, adds comment, adds second byline, NEW
YORK to dateline)
By Frank Tang and Clara Denina
NEW YORK/LONDON, July 9 (Reuters) - Gold hit a one-week high
on Tuesday, gaining 1 percent on strong physical demand, and as
Chinese inflation data boosted the metal's appeal as a hedge.
The metal's second consecutive daily gain was sparked by
data showing China's annual consumer inflation accelerated more
than expected in June.
Signs of tightness in gold forward market also boosted
investor sentiment.
News that the 1-month and 3-month Gold Forward Offered Rates
(GOFO), rates at which bullion banks are prepared to lend gold
on a swap against U.S. dollars, fell for the first time in years
underpinned gold prices.
"Clearly there is some dislocation in the physical market
and maybe because demand has been surprisingly strong that has
caused some temporary shortages," said Societe Generale analyst
Robin Bhar, adding that there has been a lot of gold borrowing
in the last 24 hours .
Spot gold touched its highest since July 2 at
$1,260.01 an ounce earlier. It traded at $1,245.90 an ounce, up
0.9 percent by 3:34 PM EDT (1934 GMT)
U.S. Comex gold futures for August delivery settled
up $11 to $1,245.90 an ounce, as trading volume was 15 percent
below its 30-day average, preliminary Reuters data showed.
Liquidation in bullion-backed exchange traded funds
continued, suggesting gold prices could come under renewed
pressure, analysts said.
Holdings in the SPDR Gold Trust, the world's largest
gold ETF, fell to the lowest since February 2009, down 1.6
percent to 946.96 tonnes.
Investors are now focusing on the Federal Open Market
Committee (FOMC) minutes - records from the Fed's June meeting -
due for release on Wednesday.
http://www.reuters.com/article/2013/07/09/markets-precious-idUSL4N0FF1K920130709
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Saturday, July 6, 2013
Physical Demand And Silver-To-Gold Ratio Signal Strong Rally In Silver Prices
Silver prices have slumped to deeper lows in June 2013 after having been smashed big time earlier in April. Technical indicators suggest an extremely oversold condition and that a rise seems imminent. On a weekly basis, RSI (relative strength indicator) is at the lowest in 40 years of data and nearly that low on a daily basis. This timing indicator suggests that silver is extremely oversold on both a daily and weekly basis. Gold is similarly oversold. Technically, a rally in gold and silver prices is
Take a look at a recent statement by GATA: Market-rigging central banks laugh at technical analysis and 'fundamentals'
GATA said: "Technical analysis of a manipulated market like gold has been tedious nonsense for years, but these days, with virtually infinite paper dropped on the gold futures market at illiquid times to drive the price down even as the physical market remains strong, technical analysis has become insulting. The only analysis worth anything anymore is the identification of the source of all the paper. The suspects are obvious - Western central banks."
absolutely unavoidable. Then why have bullion seen a steep and steady decline in prices? Having said about Gold and Silver being in technically oversold conditions, market manipulation yet, will of course play its own part in defining price direction, even though for a small volatile period now.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, July 5, 2013
SILVER : The New Law of Supply and Demand
Theodore Butler
|
July 5, 2013 - 9:10am
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This was excerpted from the Weekly Review of June 29, 2013 -
The cornerstone of the free market system is the law of supply and demand. This is the premise that governs how the prices of resources are determined in any free market economy as opposed to prices being set by government edict or monopoly control. It is the mechanism by which resources are produced and consumed in the freest and most efficient manner. Here’s a great definition of this law from the Free Dictionary – “the theory that prices are determined by the interaction of supply and demand: an increase in supply will lower prices if not accompanied by increased demand, and an increase in demand will raise prices unless accompanied by increased supply.”
http://www.thefreedictionary.com/law+of+supply+and+demand
There are three components to the law – supply, demand and price. Price serves as the fulcrum between supply and demand, balancing the two. But the important point is that the interplay between supply and demand is what determines the price. That’s elementary and spelled out in the above definition; a free market price means the price is determined by supply and demand. This is the definition we expect our children learn in school. Unfortunately, this definition is old-fashioned and no longer operative in gold and silver and other commodities. Instead a new definition of the law of supply and demand has supplanted the version still in the dictionary.
Simply put, the new law of supply and demand has the price determining supply and demand and not vice-versa as it should be. This may sound like a game of words at first blush, but it goes to the heart of the matter. When price determines how much is produced and consumed, instead of supply and demand being the determinant of price, that’s just another way of describing price manipulation. All our laws against manipulation and the restraint of free trade are aimed at preventing an artificial price from coming into existence. That’s because it is well-known that an artificial price will adversely impact production and consumption and cause overall harm to society. An artificial high price must lead to over-production and under-consumption and an eventual price crash, while an artificial low price must result in an eventual shortage and price explosion.
There is undeniable proof that the recent price action on the COMEX in gold and silver is the new and manipulative version of the law and supply and demand. There was no big increase in production or weakening of demand for gold or silver leading to sharply lower prices; instead the price decline, due to speculative selling of futures contracts, is determining what will be produced and consumed in the future. Speculative selling on the COMEX has resulted in prices low enough to threaten mine production and encourage increased demand (especially investment demand).
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, July 3, 2013
Is It Time To Buy Silver?
The first part of this article introduced the demand for silver; this 2nd part will discuss the tendency of silver supply and reserves.
Mine Production
The total world silver mine production rose from 13,290 metric tons (427.3 million ounces) in 1986 to 24,000 metric tons (771.7 million ounces) in 2012, while the Compound Annual Growth Rate (CAGR) was 2.30%. At this point, the growth rate was greater than the world silver industrial demand growth rate, which was 1.56% in the same period.
read more >
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, June 28, 2013
Why Are Premiums On Physical Gold And Silver Rising Even As Futures Crash?
Premiums on physical Gold and Silver are on the rise again after both metals were smashed again Wednesday. Why are investors paying premiums for Gold and Silver when so many forecasts on further crashes are doing rounds? What do they know that these biggies are missing or is it simply deeper
manipulation of the Paper Gold and Silver prices? Is it again due to the naked shorting by the usual suspects, trading desks, big banks and hedge funds? Has the physical market completely disconnected from the paper market? Right - Gold and Silver physical markets are facing a complete disconnect with the paper or the futures market only based upon the fact that these paper markets can be easily manipulated. These markets were initiated for achieving a better price discovery based on current fundamentals and prospective future demand and supply factors. But now have become a playground for the Big and Influential or more popularly known as TBTF. Much has already been spoken, written and debated upon the same and I would prefer not to get into those details again here. Whatever is the reason for the gold and silver price smash, what I wonder is, who in his right mind would prefer to pay a large premium for something that he would get at a much cheaper price in just some more time? - No, these investors just won't wait, but rather stand in long queues, pay premiums and confirm holding some Gold and Silver rather than await a more attractive price. Why? It's the shortage of supply in gold and silver and more bottlenecks in supply expected as the mining industry halts productions. Going ahead I'll explain the same.
http://seekingalpha.com/article/1524592-why-are-premiums-on-physical-gold-and-silver-rising-even-as-futures-crash?source=google_news
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
manipulation of the Paper Gold and Silver prices? Is it again due to the naked shorting by the usual suspects, trading desks, big banks and hedge funds? Has the physical market completely disconnected from the paper market? Right - Gold and Silver physical markets are facing a complete disconnect with the paper or the futures market only based upon the fact that these paper markets can be easily manipulated. These markets were initiated for achieving a better price discovery based on current fundamentals and prospective future demand and supply factors. But now have become a playground for the Big and Influential or more popularly known as TBTF. Much has already been spoken, written and debated upon the same and I would prefer not to get into those details again here. Whatever is the reason for the gold and silver price smash, what I wonder is, who in his right mind would prefer to pay a large premium for something that he would get at a much cheaper price in just some more time? - No, these investors just won't wait, but rather stand in long queues, pay premiums and confirm holding some Gold and Silver rather than await a more attractive price. Why? It's the shortage of supply in gold and silver and more bottlenecks in supply expected as the mining industry halts productions. Going ahead I'll explain the same.
http://seekingalpha.com/article/1524592-why-are-premiums-on-physical-gold-and-silver-rising-even-as-futures-crash?source=google_news
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Thursday, June 27, 2013
Silver Demand: The Photovoltaic Industry
Thursday, 6/27/2013 09:55
THE PHOTOVOLTAIC industry didn't start to show on charts, according to the CPM Group of New York, until the year 2000 when they consumed approximately 1,000,000 ounces, writes Miguel Perez-Santalla at BullionVault.
Essentially that is barely a blip on the silver consumption chart. In fact in comparison to the smallest of the large consumers at the time, which was electronics, it was not even a tenth of their consumption.
It was not expected that this industry would become an important player in the silver market for years to come. The facts at hand of the silver data prove this out. It was not until the year 2008 that the industry reached any volumes of importance having consumed nearly 19,000,000 ounces.
What happened in the global economy was that major subsidies were being given for the development and promulgation of solar energy by sovereign nations. Germany, at first the largest consumer, was then followed by many other European nations in this objective. But it was not until the USA began to offer subsidies that the silver consumption for these products became of major importance.
The photovoltaic industry in certain countries became very important sectors and so with the global economic crisis many were to suffer. Spain specifically suffered tremendous economic losses in this industry when the state pulled its subsidies. This has been a major concern for developers and businesses involved in solar power.
THE PHOTOVOLTAIC industry didn't start to show on charts, according to the CPM Group of New York, until the year 2000 when they consumed approximately 1,000,000 ounces, writes Miguel Perez-Santalla at BullionVault.
Essentially that is barely a blip on the silver consumption chart. In fact in comparison to the smallest of the large consumers at the time, which was electronics, it was not even a tenth of their consumption.
It was not expected that this industry would become an important player in the silver market for years to come. The facts at hand of the silver data prove this out. It was not until the year 2008 that the industry reached any volumes of importance having consumed nearly 19,000,000 ounces.
What happened in the global economy was that major subsidies were being given for the development and promulgation of solar energy by sovereign nations. Germany, at first the largest consumer, was then followed by many other European nations in this objective. But it was not until the USA began to offer subsidies that the silver consumption for these products became of major importance.
The photovoltaic industry in certain countries became very important sectors and so with the global economic crisis many were to suffer. Spain specifically suffered tremendous economic losses in this industry when the state pulled its subsidies. This has been a major concern for developers and businesses involved in solar power.
http://goldnews.bullionvault.com/silver-demand-photovoltaic-062720131
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, June 26, 2013
Ugly Day for Silver
Jeff Nielson- Silver Market Getting Ridiculous
Jeff Nielson of Bullion Bulls Canada discusses:
(1) How he's shocked that silver has gone this low
(2) How he agrees with me that there could be a deflationary headfake and metals could even drop further (which doesn't make sense to the both of us)
(3) How he's no longer allowed to post on the Street.Com's website
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Is the Silver Price Finally Bottoming Out?
By The Daily Reckoning • June 27th, 2012 •
Over a year ago, I penned an article entitled "4 Silver Investments to Avoid." About two weeks later, on April 26th, I wrote another article: "Should I Sell My Silver?" saying that I expected an imminent correction in the silver price, after it had gone "parabolic."It caused quite a stir at the time. There was no shortage of people calling me delusional for suggesting the bull market in silver was overdue for a pause. Some even labeled me a "traitor," presumably to the "hard money" movement.
One of the silver companies I recommended to NOT buy immediately contacted me after the article was published, insisting there was nothing to worry about, and that their stock was a great investment.
For the record, since then, the price of silver is down 35.2% (based on the London PM fix). And of the four silver investments I said to avoid:
1. The iShares Silver Trust (SLV) is down 33.3%.
2. Large silver bars have obviously gone down commensurately with spot silver.
3. Shares in Silvercorp Metals (SVM) are down a WHOPPING 61.5%.
4. And shares in Coeur d'Alene (CDE) are off by 50.8%.
Not pretty.
read more : http://www.dailyreckoning.com.au/is-the-silver-price-finally-bottoming-out/2012/06/27/
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Tuesday, June 25, 2013
How to Invest in Silver and Gold in 2013
Anyone thinking about how to invest in precious metals right now has been watching the plunging prices of gold and silver.
Both metals are firmly in bear market territory. By the end of last week, gold was down about 27% from its 52-week high of $1,803 and silver had cratered by a whopping 43%.
But the recent downward slide in the price of silver and gold has once again revealed to investors the most important fundamental fact about precious metals - they're incredibly volatile. Swings of 50% in value in a single year are not unheard of.
But the fact remains, there are a host of good reasons why you should know how to invest in precious metals and why they are important to a diversified portfolio.
Precious metals offer unique protection against inflation and insurance against financial or political disasters.
http://moneymorning.com/2013/06/25/how-to-invest-in-precious-metals-in-2013/
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, June 21, 2013
Silver Manipulation Debunked
Silver futurist is one of the most honest and intelligent commentors in the YouTube precious metals community. What he says bears a lot of weight with me. And one of the coolest things is, when he doesn't know something, he's able to admit it! Most people come out with an attitude of certainty about things that no one can possibly be certain about! Joe, on the other hand is honest, and smart. This is rare and invaluable!
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, June 19, 2013
THE BANKSTERS ARE BUYING PHYSICAL SILVER BEHIND THE SCENE TOO!
HSBC has quietly moved into acquiring large amounts of silver bullion.. The bank has secured another deal to buy silver bars from KGHM which brings their total purchases of silver from KGHM alone in the last 12 months to $876 million or PLN 3.65 billion.. KGHM is one of the largest producers of silver in the world and is the second-largest producer of refined silver in the world.. They produce silver bars registered under the brand KGHM HG that are attested to by "Good Delivery" certificates issued by the London Bullion Market Association and the Dubai Multi Commodities Centre.. Listed metals producer KGHM signed an estimated PLN 1.67 billion deal on 2013 sales of silver to HSBC, KGHM said in a market filing yesterday.. The deal puts the total value of deals between KGHM and HSBC in the last 12 months to PLN 3.65 billion or $876 million, the filing read.. The Management Board of KGHM announced that on 21 January 2013 a contract was entered into between KGHM and HSBC Bank USA N.A., London Branch for silver sales in 2013.. The estimated value of the contract is PLN 1,672,260,469.66. As a result of entering into this contract, the total estimated value of contracts entered into between KGHM and HSBC Bank USA N.A., London Branch over the last 12 months exceeded 10% of the equity of the Company and amounts to PLN 3,654,120,061.59.. The highest-value contract signed during this period is the above-mentioned contract. The criteria used for describing the contract as significant is that the total estimated value of the contracts exceeds 10% of the equity of KGHM.. KGHM is one of the largest companies in Poland and one of the largest mining & metallurgy companies in the world.. The main customers of Polish silver in recent years have been the United Kingdom, Germany and Belgium. HSBC appears to be one of their main customers now.. Respected and erudite, James Steel, the chief commodity analyst at HSBC Securities (USA) Inc. continues to be bullish on silver and recently said how "silver tends to track gold, except it over performs in a bull market" and how he was "moderately bullish on silver" in 2013.. HSBC did not comment on the deal and it only came to light as KGHM is a listed company and had to report the deal which was then picked up in Polish media.. The massive deal could simply be HSBC securing supply for the NYSE listed ETFS Physical Silver as they are the custodian.. Or it could be that HSBC's senior banksters are concerned about securing supply as they expect robust investment demand to continue and possibly increase resulting in higher prices too...
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Silver Price Drop DON'T PANIC
Society has collapsed many times and precious metals have stayed valuable throughout the ages. Zinc is good for nothing, but cheap products and skin irritation. You can't built satellites, solar panels or screens with zinc; You need silver. I'm just saying that you shouldn't use banks or gold vaults that leave you with a promise should society collapse. You can do what you want with your money and life and suffer the consequences of your poor choices. Stack your zinc bars and wish for the best.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, June 17, 2013
Eric Sprott: Physical Demand for Gold and Silver is Draining Supplies, New Highs and More
Eric Sprott: Physical Demand for Gold and Silver is Draining Supplies, New Highs and More
Eric Sprott, President and CEO of Sprott Asset Management, says extreme physical demand for gold and silver is draining supplies. Sprott predicts, "Somebody's going to fail here. All the data I look at says the Western central banks . . . that have been selling gold are running on fumes now . . . so, it's very close at hand." Join Greg Hunter as he goes One-on-One with money manager Eric Sprott.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Eric Sprott, President and CEO of Sprott Asset Management, says extreme physical demand for gold and silver is draining supplies. Sprott predicts, "Somebody's going to fail here. All the data I look at says the Western central banks . . . that have been selling gold are running on fumes now . . . so, it's very close at hand." Join Greg Hunter as he goes One-on-One with money manager Eric Sprott.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Silver, Central Banks Are Losing Control per MM
Bernanke will have to undergo plastic surgery to change his looks and enter a witness protection plan to save his ass when all of these financial shenanigans start to unwind. We'd be on the road to recovery today if the Fed has simply stepped aside and let the inevitable occur.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Friday, June 14, 2013
Barclays : SILVER exhibited its weakest month in two years
Barclays Capital’s commodity strategists this morning predict more tough sailing for the price of gold. They’re just as bearish on silver.
From the note:
On silver:
On the industrial demand side, silver imports into China were the weak spot in April’s trade data and reaffirm our negative view on the metal. Imports were down 28% y/y at 172 tonnes, while exports were up 21.5% y/y at 85.7 tonnes, keeping China a net importer of the metal. Once again, the weakness in silver was across the board, from powder to jewellery; unwrought silver suffered the sharpest decline at 29% y/y, while powder imports were down 28% y/y. Given that investor appetite also remains soft, silver is set to remain significantly oversupplied.
A considerable amount of weakness stemmed from the ETP outflows, which had been relatively resilient compared with gold until May. While outflows were still weak for gold in May, silver exhibited its weakest month in two years with outflows tallying over 500 tonnes. May’s activity almost eliminates inflows for the year to date, but outflows over the past two months only make up 3% of total holdings. Silver coin sales, on the other hand, have been quite strong. The US Mint has reported sales exceeding 100 tonnes every month so far this year with June on track to surpass 100 tonnes
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Wednesday, June 12, 2013
Unsustainable Silver Prices
First Quarter 2013 True All-In Cost Silver Industry Figures: Unsustainable Silver Prices
Over the last month we have been analyzing and posting the silver industry's true costs to mine each ounce of silver. We have analyzed all the major publicly traded primary silver producers, which includes close to 19 million ounces of mined production for Q1FY13 - a very large portion of the total worldwide production of silver (estimated at over 190 million for Q1FY13). We believe our numbers represent a large enough portion of mined production to extrapolate as a general figure across the industry.
Why These Costs Are Important
For silver ETF investors (SLV, SIVR, CEF, and PSLV) this metric is very important because it allows an inside understanding of the true costs associated with producing each new ounce of silver. This is arguably the most important metric in analyzing any commodity because it shows the price where production of that commodity becomes uneconomic. If it costs more to mine a commodity than the market is willing to pay for it, eventually producers will stop producing the commodity and close up shop. These are the type of environments that savvy commodity investors dream of because it allows them to purchase assets that cost more to produce than to buy, which is an environment that cannot last for very long because eventually supply will be lowered, cause scarcity, and then the price will increase.
http://seekingalpha.com/article/1496552-first-quarter-2013-true-all-in-cost-silver-industry-figures-unsustainable-silver-prices?source=google_news
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, June 10, 2013
Silver Investment Demand: The Ticking Time Bomb
Steve St. Angelo, SRSrocco Report | Monday, June 10th
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Even though silver investment demand has picked up recently due to the lowest prices in over two years, this may be just the tip of the iceberg for what is to come in the future. Currently, only a small fraction of investors understand silver's future potential but that will change in the next few years.
Presently, the Main Stream Media bandwagon has been quite busy putting out bearish analysis on silver demand and price. Whether it's due to a decline of industrial demand or a lack of silver investment by those in India, there doesn't seem to be a shortage of this sort of commentary. However, this should not be a concern for those who understand the true fundamentals in owning silver.
The underlying problem with this present bearish commentary is that it is so typical coming from an industry that provides forecasts based on superficial, outdated and manipulated data. The world's financial system is being propped up by trillions of dollars of worthless paper instruments that have totally distorted the market's ability to value assets correctly. Some of these so-called assets are severely inflated, while others such as silver, are tremendously undervalued.
Severely Inflated Supposed Assets
According to the Investment Company Institute's Q4 2012 report, the U.S. Retirement Market was valued at $19.5 trillion, up from $19.3 trillion in previous quarter:
Q4 2012 Retirement Market Break-down (in trillions)
IRA's = $5.4
DC Plans = $5.0
Private DB Plans = $2.5
State & Local Govt. Pension = $3.2
Federal Pension Plans = $1.6
Annuities = $1.7
TOTAL = $19.5 trillion
Now, if we compare that data to the ownership of gold and silver, we have the following:
http://www.silverseek.com/node/12170MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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