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Aug 21
SLV ETF Bull Market
Remains Intact Chris Vermeulen
Technically we are near a buy zone for SLV. Whilst we may
yet go down to test $12 we are now close enough to the Buy Zone
for probabilities to be skewed in our favour. WE will be looking
at SLV at these prices over the next few weeks for a possible
entry!
Aug 21
Gold's decline, The dollar's Rally, What's next? USAGOLD
2 Part Video
Aug 21
Swap Gold for Silver Franklin Sanders
From the silver & gold shorts is bound to come another
attack, but from what level? Perhaps when the GOLD PRICE begins
to rap on the $825 door? The SILVER PRICE is following now, not
leading any parades, but that's as it should be. With the
GOLD/SILVER RATIO at 61.56, I would swap gold for silver (note:
gold for silver, not the other way round).
Aug 21
Road to Roota VIII Bix Weir
I hope everyone reading this fully understands the
significance of the end of fiat money and has taken the
precautions of buying physical gold/silver. Remember, paper
gold/silver, stocks, bonds, etc. are no substitute for physical
gold and silver. A banking collapse will surely wipe the slate
clean when it comes to the lopsided wealth allocation created by
the fiat money. Insolvent brokerage houses, phantom stock
certificates and the COMEX/NYMEX default will erase perceived
wealth in a blink of an eye.
Aug 21
The Goldsmiths--Part III R. D. Bradshaw
In the US, investors are often bombarded with the ideas of
the fundamentals and the technicals. And while the fundamentals
are important for the long trend line and while the technicals
may sometimes be important in the short term, they are not
proving to be the driving forces in the markets here in 2008.
Now, the overlying trend lines, at least the short and
intermediate term trend lines, are being directed and controlled
by market manipulators/interventionalists.
Aug 20
Gold/Silver Supply and Demand Disconnect SeekingAlpha.com
There is a huge demand for both gold and silver right now
in India and North America. North American shops are completely
bare of silver. Indian shops are empty of both silver and gold.
Even the Indian banks don't have any gold or silver. The big
western bullion banks, based in New York and London, control
both the gold and silver trade. Reports from India are that they
are refusing to extend Indian bank lines of credit, forcing the
small banks to deliver to clients, collect money, and pay down
lines of credit, before being allowed to take delivery of
another gold or silver shipment. This is very abnormal.
Normally, if a banker’s bank knows that its customer-bank has
firm orders, it would extend the smaller bank a bigger line of
credit. Not now.
Aug 20
Make $400,000/year on your silver! Jason Hommel
I would urge my readers to strongly consider selling your
100 oz. bars at ebay, and taking the money to buy 90% silver
bags, which are much cheaper, and are selling closer to the spot
price of silver. You'll end up with more silver. I'm considering
doing that myself, but I'm lazy. I like to buy or sell 100-200
bars at a time, not 1-2/day.
Aug 20
The Goldsmiths--Part II R. D. Bradshaw
Perhaps the most important goldsmith of all time was Mayer
Amschel Bauer-Elhanan of Frankfort, Germany in the mid 18th
century. As had been true for ages with his relatives and
associates, Mayer decided to change his name to one which would
be more useful in deceiving and cheating the local people of
Germany. Mayer chose Rothschild (meaning a red sign or shield).
Thus, the famous international banking house of the Rothschilds
came into being.
Aug 20
Gold’s Correcting, Not Collapsing Roy Martens
The sky certainly appears to be falling for most
commodities investors. We are experiencing a very fierce fall
and a growing number of investors are simply throwing in the
towel. Are they right in doing so? It is certainly becoming
harder to go on believing better times are just ahead when so
much blood is being spilt in the markets week after week. We’ve
witnessed metals and mining stocks plunge in the past, but
hardly with as much vengeance as we’re experiencing now. Could
this be the end? Or is this just the great shake out before the
next stage of the bull market can begin?
Aug 20
How Low Will Gold Go? Alex Wallenwein
That's a silly question. Gold doesn't go anywhere. What
"goes" up or down are the dollar figures we have all been
trained to attach to it - but we all know, for a fact, how
illusory those are. (If you really insist on an answer to the
question, I would have to say: "The lower, the better!") Today,
a "dollar" is primarily an accounting unit. Nothing more than a
concept, an idea - and a very fleeting one at that. It is
created just like that, and it can be destroyed just like that,
and it's the same thing with all other fiat currencies.
Aug 20
The Dollar Has Been Allowed To Appreciate Chris Ciovacco
The long-term story for a weak dollar remains intact. The
long-term story for strength in commodities remains intact.
These stories (or fundamentals) apply to a period that could
last almost twenty years and are referred to as secular stories
or trends. Based on history, it is important to understand that
counter-trends or cyclical retracements of secular trends can be
of significant magnitude and duration. More importantly, they
can destroy principal even when you have correctly identified
the long-term fundamentals.
Aug 19
The Lessons of a Lifetime
Ted Butler
In order to understand where you may
be going, it is important to understand where you have been.
Nowhere is this more true than in silver. The historic price
sell-off, coupled with the obvious shortages in almost all forms
of retail physical silver present the lessons of a lifetime. I
believe that how we learn from this lesson will determine our
future financial situation, good or bad. The drastic sell-off in
silver (and gold) is further proof of an ongoing manipulation to
the downside. My advice to own real silver on a fully paid for
basis, has been borne out. Real pain exists among those who held
silver or gold on margin. Many leveraged investors have lost
their positions because they couldn’t meet margin calls.
Meanwhile, no fully paid up investors sold because they had to
come up with more margin money. That’s lesson number one.
Aug 19
How to
Short Gold by Going Long Chris Vermeulen
DZZ Double Gold ETN is a relatively new way to take
advantage of gold price action. This gold fund provides double
the movement that the GLD ETF or the price of gold does,
providing bigger opportunities in the gold sector. I have just
recently started to use DZZ ETN for trading and have found it to
be very useful, which you will see in the charts below.
Aug 19
Don't Panic...Buy!!! Timothy Silvers
It looks likely that gold and silver have bottomed.
Although I thought a sharp August sell off was probable, the
severity of this week’s drop was a bit more than I anticipated.
I started buying heavily once silver hit its 300 DMA and bought
more around $14.50. I also finished purchasing a lot of quality
mining companies in the past week and a half. I know it has been
painful to watch, but if you are buying with cash and using
minimal leverage, you will be rewarded for your courage to buy
while others are panicking.
Aug 19
The Goldsmiths--Part I R.D. Bradshaw
In March 2008, gold hit a high of around $1030 per ounce.
By mid-August, it had collapsed to $772. Similar falls happened
to most of the commodities and foreign currencies. Wheat went
from a high of $13-15 to $7-8 per bushel; Silver, soybeans and
corn all crashed as well. Even the EURO currency went from
almost $1.60 to $1.46 and oil fell from $149 to $111.
Here, the question must be asked--how is it possible that these
prices can collapse in just a matter of days? For the answer,
one must address the subject of the historic goldsmiths and how
they are still around today and still making money--like never
before. This article and two succeeding ones will broach this
theme.
Aug 19
The Silver "Reverse" Bubble of 2008 Paul Mladjenovic
Unfortunately, many folks are panicking or depressed about
silver, gold and other commodities. I think that we need to
remind ourselves about the legendary Jesse Livermore when he
said to be "right and sit tight." Silver, gold, oil and other
commodities are on a long, zig-zag upward march that can't be
stopped by any firm or government agency. The commodities
super-bull market is alive and well because the fundamentals are
too powerful to suppress. Don't get fooled or spooked by the
irrational and ill-conceived short-term gyrations. Stick with
the fundamentals and stay focused on the long-term. I know that
I am.
Aug 19
Let's Be Hunts David Bond
The Hunts shook the lying bankers to their boots – to the
point where intervention by the Fed, Treasury, and the Defense
Department were warranted – merely by asking for delivery of the
192 million ounces of silver they'd been promised. This was not
a “cornering” of a market; it was the attempt to enforce a
contract, same as you've got with your landlord or bank. So
let's all of us be Hunts. Ask delivery of $12.80 silver and $790
gold, today. There are 300 million of us. A single ounce of
physical silver for every man, woman and child in the United
Snakes would squeeze these rat-bastards harder than the Hunts
could ever do.
Aug 19
Technically Precious Merv Burak
Well I guess this past week will be remembered for both
gold and silver, with silver declining twice as fast as gold.
Stocks also took a bounding but they have been taking a bounding
for some time now. What next? That’s really the $64 question.
Aug 18
Silver Shortages Cause Price Disconnect Jason Hommel
Many people agree there is a shortage of retail investor
silver, but they get confused by the lower price. They think a
lower price means more silver must have come into the market.
That is not how our markets work. Our markets are affected by
paper silver futures contracts, and very few people ever attempt
to take delivery of that silver, they buy it on leverage, for
the investment returns, not for real silver. So, some people can
sell "silver promises" to excess, and never deliver, and if they
sell more "paper silver" than exists, that can manipulate the
price.
Aug 18
End of a Bull Market? Franklin Sanders
Physical prices are declaring their independence from paper
pricing as those holding physical gold & silver refuse to sell
it at prevailing paper prices. I have been expecting this to
happen toward the top of the bull market, catalyzed by some
paper purveyor's failure, but now? What can it mean? At the very
least, the public is nourishing a gigantic hunger for silver &
gold in their hands, and no place else.
Aug 18
Futures
Price is a Fiction Chris Powell
The suspension is overwhelming evidence that the futures
contract price of gold on the commodities exchanges is
substantially below the physical market price and that, indeed,
the commodities exchanges are being used as GATA long has
maintained -- as part of a massive scheme of manipulation of the
precious metals, currency, and bond markets.
Aug 18
A Fabrication Bottleneck or Something More James Turk
I suspect that this disconnect between the paper market and
the physical market means that gold will climb back as rapidly
as it fell, creating a "V" bottom. Consequently, the precious
metals are likely to snap back as rapidly as they dropped. After
all, inflation is a growing problem everywhere, the US federal
deficit is ballooning, the global banking system is imploding
from losses, inflation-adjusted interest rates in every major
currency remain negative, and the euro is reeling because of
massive current account gaps in Spain, Portugal and Greece. All
of these factors are very gold bullish.
Aug 18
International Forecaster August 2008 (#5) Bob Chapman
The Game is up for the Banks as they now face limits on
derivatives, trillions remain outstanding in credit default
swaps, American meddling in Iraq to continue indefinitely,
Insider buyers were pushing Bear Stearns out of business, Russia
defeats NATO in Georgia, Iran blockaded by US Navy, Apple
backdating settled with SEC, ugliness in mortgage land.
Aug 18
Market Wrap Week Ending 8/15/08 Douglas V. Gnazzo
The paper fiat money system is hugely overleveraged. How
far the pendulum swings to one side, it must invariably swing to
the other. Eventually, it finds its center balancing point. For
thousands of years gold and silver have been the anchor that
holds the pendulum in place. Wealth is what one has saved: be it
land, timber, crops, livestock, linens, gold and silver – goods
of any kind. Savings by foregoing consumption is the key to
wealth accumulation. Debt is the opposite of savings and wealth
accumulation. When credit is extended, debt is created. When
money itself is debt – nothing but debt is created.
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