CNT Sold Out All Physical Silver! ALL US WHOLESALE SUPPLIERS ARE NOW SOLD OUT OF EVERY OUNCE OF PHYSICAL SILVER & HAVE SUSPENDED ALL SALES!

*BREAKING
CNT, one of the largest wholesale suppliers in the US, who is the supplier of gold blanks to the US Mint for Gold Eagles, and is a registered COMEX depository, HAS JUST SOLD OUT OF ALL PHYSICAL SILVER!!!

In the face of an EPIC TSUNAMI of gold and silver sales today as the cartel hammered the price of silver down over 11%, and off $6 from Friday’s open, we have just been [...]

Is The Takedown Of Gold A Sign That The Entire Global Financial System Is About To Crash?

by Michael

Somebody out there is sure getting prepared for something really big.  We have just witnessed a takedown of gold and silver unlike anything that we have witnessed in decades.  On Monday, the price of gold had fallen by more than 10 percent at one point.  It shocked investors all over the globe, and overall what we have just seen was the largest two day decline in the price of gold [...]

The economic collapse has accelerated as gold prices to drop further! Prepare NOW!

Collapse is at hand!

Exact same happened august 2008 with pm’s right before Lehman brothers went bankrupt

 

1550…..now 1477?

Reports suggest that a 4 million ounce (124.4 tonnes) sell-order, worth $6 billion (Dh22 billion) at current prices, by a large investment bank spooked the markets and led to this decline.

“It appears that the significant selling pressure last Friday was amplified by a four million ounces (124.4 tons of gold) selling order, to be [...]

This could be the most important silver chart you’ll see all year

From The Short Side of Long:

Today’s chart refocuses on the precious-metal sector and in particular investor positioning towards Silver. Hedge funds and other speculators are now so negative on the metal, that the short positions have reached the highest level in the last 17 years (possibly even longer).

So what does this mean?

Judging by the historical price action over the last two decades, whenever speculators have held such enormous bearish positions, [...]

Buying Silver Online or In-Store: A Real World Analysis.

Dilemma: You have $1000.00. What’s the best deal? Buy online at Apmex or instore at Louisville Numismatic Coin store? I asked myself this question and “did what I do” and put the notes here for anyone else who might have the same question.

Current price of silver: $29.92
Calculator says we can get 33.42245989304813oz for $1000.
Goal: Buy 33oz for $1000.00

APMEX:
Silver – Rounds – 1oz – Sort: Price Low to High
As low as [...]

10 Quotes From Financial Experts About The Effect That QE3 Will Have On Gold And Silver

by Michael

Do you want to know what QE3 is going to do to the price of gold and the price of silver?  Well, you can read what the financial experts are saying below, but it doesn’t take a genius to figure out what is likely to happen.  During QE3, the Federal Reserve will be introducing 40 billion new dollars that have been created out of nothing into the financial system each [...]

Resource guru Sprott: Why central banks are suppressing the price of gold

From Resource Investor:

… The Gold Report: You’ve stated before that the price of gold should be above $3,200/ounce (oz) and the price of silver above $200/oz, but market manipulation keeps both metals artificially low. Who is manipulating it?

Eric Sprott: I suspect the G6 central banks have a hand in subverting the gold price because as the canary in the coal mine, high gold prices might tip everyone off to the [...]

Resource guru Sprott: Your best chance to buy gold and silver could be ending soon

From The Gold Report:

The dire economic situation that persists globally despite the best efforts of central planners to make things seem normal leads Sprott Inc.’s legendary Chairman Eric Sprott to broadcast a loud message of caution: “Fear the financial system.” In this exclusive interview with The Gold Report, Sprott says it’s time for people to take matters into their own hands and that means pushing further and further into precious metals equities [...]

Eric Sprott Cautions Investors to Fear the Financial System

JT Long of The Gold Report (8/27/12)

The dire economic situation that persists globally despite the best efforts of central planners to make things seem normal leads Sprott Inc.’s legendary Chairman Eric Sprott to broadcast a loud message of caution: “Fear the financial system.” In this exclusive interview with The Gold Report, Sprott says it’s time for people to take matters into their own hands and that means pushing further and [...]

Silver Is About To Rocket Higher

Silver futures are in backwardation.

Backwardation is a pricing anomaly that typically – but rarely – shows up in the commodities market. And if you can catch it, you can make quite a bit of money.

Historically backwardation means one of two things: 1) there’s a current shortage of silver bullion available on the open market and/or 2) silver traders believe the price of silver is about to take off.

Here’s what happens…

Backwardation [...]

Silver to hit $50/oz by year end, to outperform Gold in a few years’

NEW YORK (Commodity Online): The poor man’s gold, silver could easily reach as high as $50 per ounce by year end and even skyrocket to $100/oz over the next few years; significantly outperforming gold, said Stephen M Smith, Managing Member of Smith McKenna, LLC.

 

The price of silver is largely undervalued right now. It is also the perfect time for silver investors to amplify their physical silver investment portfolios.

 

The current spot price [...]

It Won’t Be Too Long Before The Gold/Silver Market Manipulation Scandal Goes Mainstream … BIG TIME! – Bill Murphy

Times are finally changing. It will never be at the speed the GATA camp expects, yet slowly but surely our time is coming. The GATA camp will be proven correct and it will evolve into one of the most grotesque scandals in history … dwarfing the Enron, Madoff, MF Global and Barclays scandals combined, in terms of its effects on financial markets around the world.

First of all, it has come [...]

Why it could be a great time to begin buying silver again

From Sovereign Man:

Over a year ago, I penned an article entitled “4 Silver Investments to Avoid.” About two weeks later, on April 26, 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 [...]

The Difference Between Gold and Silver

Many investors in the precious metals community operate from the perspective that there is no real difference between gold and silver; that both are monetary assets, with silver simply being a less expensive, more abundant, and more volatile version of gold. There is some truth to that, although I think it is important to note that the differences. If one understands the differences, it becomes easier to understand when silver [...]

Max Keiser: ‘Each $1 of physical silver you take off the market hits JPM’s balance sheet for a $100 loss.’

Thanks to the ‘Crash JP Morgan, Buy Silver’ campaign that rocketed silver 100% higher last year JP Morgan has been forced to lean even more on its fragile balance sheet resulting in a 2 . . . er, I mean 5 billion dollar explosion on their balance sheet that wiped out more than 20 bn. from their market cap. We are now closer than ever to taking down this pig. [...]

Silver price Forecast: Dramatic Turnaround For Silver?

hubertmoolman.wordpress.com

 

Silver price Forecast: Dramatic Turnaround For Silver?

18 May 2012

Here are a few patterns that might explain the current state of the silver price, as well as, provide the possible way forward.

Below is a 6-year chart of silver (all charts generated at fxstreet.com):

silver price forecast

On the chart, I have indicated two similar patterns (marked 1 to 5).This comparison suggests that silver could rise significantly over the next couple of months. This [...]

George Soros Quadruples His Investment In Gold

Everyone in the precious metals/mining stock sector is looking for anything to grab onto for optimism.  Nothwithstanding that this type of sentiment always demarcates a bottom, and notwithstanding the fact that the basic fundamentals underpinning the precious metals – like catastrophic Government deficit spending and disastrous Central Bank negative interest rate policies – get stronger by the day, here’s an excellent harbinger of a potential bottom/upturn in the metals/miners:  Soros has quadrupled [...]

Knowing the Silver Comex Game – Theodore Butler

silverseek.com

Theodore Butler | May 9, 2012 – 11:01am

Especially at times of price pressure like now, it can be reassuring to know how the game is being played. I’m not speaking of the day to day price movements, but of the dominant forces that generally cause both short term and long term price movements. The price of world silver and gold is mostly set on the COMEX. Over the longer term, of course, [...]

500%: Student Debt Load Matches Silver Price Increase Since Start of Century

Silver Vigilante
April 30, 2012

Student loans are an excellent example of how the modern lending system manifests ancient modes of control. In the United States, long before the modern student loan, for the promise of prosperity thousands of individuals came to the New World as indentured servants. Once they arrived in ‘America,’ ‘twas their job to work to pay off their sail across the pond, an endeavor which lasted years and [...]

The Silver Reverse Bubble of 2012

In late 2008, when silver was massacred in the futures pit and saw its price fall from over $20 to under $10, I told my readers at that time that silver entered into a “reverse bubble”. I know it sounds odd, but let me re-visit the concept.

As you know by now, a “bubble” is when an asset reaches an unsustainably high level due to artificially stimulated demand. In 2004, I [...]

A Massive Spike In The Price of Silver Is Imminent

A Massive Spike In The Price of Silver Is Imminent

Gold and silver are very close to entering the mania phase of this bull market. In order for gold and silver to go into the mania phase, value has to be diverted from somewhere, and that “somewhere” is most likely stocks. Since 2000, there has been a correction in stock values, in real terms; however, nominally, stocks are still significantly high [...]

A Massive Spike In The Price Of Silver Is Imminent

Silver Will Be In A Severe Supply Shortage By August 2012

Guest Post, by AGXIIK

Silver Will Be in a Severe Supply Shortage by August 2012

Placing my a** hat on the table in front of me, I predict that silver will go into a severe supply shortage by August 2012 or sooner.
Why?
Greek sort of got bailed out, leaving the price of silver to float upwards as opposed to downward should central banks and private owners need to dump PMs to get liquidity.
Absorption of [...]

When the $1 Note Was Silver-Backed

Many coin collectors still remember when silver coins disappeared from circulation following the implementation of the Coinage Act of 1965, but fewer remember the parallel disappearance of $1 Silver Certificates.

While there were also $5 and $10 Silver Certificates, until the $1 Federal Reserve Note was introduced for the first time with the Series 1963 issue, the $1 Silver Certificate basically was the only current $1 note issued by the United States [...]

Why Silver Is The Standout Buy After The Greek Deal

Peter Cooper

|

February 22, 2012 – 8:14am

What’s been holding the price of silver below $34 this year? It’s been the possibility of a disorderly default by Greece. Now that we have an orderly default, and what else is a 73 per cent loss for private bondholders, things have changed.

But the price is very high. $170 billion is the highest sovereign debt restructuring in history. The ECB has made north of $1.5 [...]

Silver Enters Short Term Trading Range in Bullish Overall Technical Picture

The technical picture for spot silver has been decidedly bullish since the grey metal made what seems to be a double bottom pattern on its price chart.Basically, the price of silver has fallen to a set of notable medium term lows, first at the $26.05 level on September 26th of last year, and more recently at the $26.15 level on December 29th.

The neckline of that pattern, or the intervening high point [...]

Bix Weir: Silver Investors: Pick Your Poison

 

 

For 10 years I’ve been hearing from the mainstream media, silver market analysts and even big time silver bugs the various reasons why Silver prices will NEVER skyrocket. There is always some GRAND REASON why my huge price projections of $7,000/oz for silver will never come true. It’s gotten to the point that the BEST thing to do when one of these “oh-so-important” discoveries comes to light is to CLOSE YOUR [...]

Gold Gallops 11%, Silver Surges 20%; Analysts expect bullion to test $2,000/oz this year

By Vicky Kapur

Published Wednesday, February 01, 2012

Spot gold prices rose $171 per ounce, or 10.91 per cent, during the first month of 2012, while the price of silver went up by $5.35 per ounce, or 19.2 per cent, in the same period. The yellow metal is currently trading at $1,736 an ounce while the white metal is at $33.22 per ounce.

With the dollar index seeing a steady decline, the inverse correlation with [...]

The Coming Paradigm Shift in Silver

The biggest problem for investors today in trying to forecast the future price of silver is the enormous amount of contradictory analysis on the Internet. There are bulls, bears, paper traders, physical buyers, technical analysts, hedge funds, commercial banks and silver manufacturers all trying to play a part in this highly volatile silver market. Trying to sift through the huge volumes of silver analysis on the internet can be extremely [...]