OFF GRID SURVIVAL BLOG

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

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

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

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



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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

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

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

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



PalladiumMetal
Reuters.
Sheets of palladiums are pictured at a jewellery factory.
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

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
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