Teds work is followed by many institutions, such as Sprott Asset Management and PFS Group. He has researched the commodity markets actively for 3 decades. Internationally well known for his writings on silver, gold, commodities and the COT (commitment of traders) report. In this interview Ted discusses the gold and silver markets and the underlying commitment of traders report.
Tuesday, December 28, 2010
Silver Shortage coming soon
Money manager predicts the price of silver to skyrocket on industrial growth.
Jp Morgan are said to be in a 3.3 billion ounce short position on silver. Everyone who owns paper silver ask for delivery & prey you get yours. Shouldn't be too difficult to prove the price manipulation.
unless the JPM/HSBC cartel have more derrivative shorts in the face of 5 class action law suits and a RICO bankster short-squeeze. Now JPM bought 1 billion of copper in London to cover their silver shorts? 2011,is almost here! now 50- 1000 silver is possible but the rulers dont want many to even , and yes a silver shotagew will come and yes the others nations will not buy the american gold silver are too much of any thing esle and many americas will be outraged by this , and all because we have let the evil people rule over us. and some how we get in another actual war, a draft will come to kill our young etc... america is done
Jp Morgan are said to be in a 3.3 billion ounce short position on silver. Everyone who owns paper silver ask for delivery & prey you get yours. Shouldn't be too difficult to prove the price manipulation.
unless the JPM/HSBC cartel have more derrivative shorts in the face of 5 class action law suits and a RICO bankster short-squeeze. Now JPM bought 1 billion of copper in London to cover their silver shorts? 2011,is almost here! now 50- 1000 silver is possible but the rulers dont want many to even , and yes a silver shotagew will come and yes the others nations will not buy the american gold silver are too much of any thing esle and many americas will be outraged by this , and all because we have let the evil people rule over us. and some how we get in another actual war, a draft will come to kill our young etc... america is done
Robert Kiyosaki: The Rich work for tangible assets
Robert Kiyosaki : The Rich work for assets not cash or job security
Robert Kiyosaki :"My poor dad valued a safe, secure job. But my rich dad said, you're working hard all your life but you're not building anything. You're taking cash, and cash is trash to him. He says what you want to do is build an asset, like Bill Gates built Microsoft. I built the Rich Dad company, a mining company, I have publication companies. I built something that's worthwhile. Whereas some people just value a steady paycheck and job security and cash, and cash is trash. And so that's why I really stress people get a little education and find out what the rich work hard for. They don't work hard for cash or job security. Most are working hard for some kind of tangible asset that pays them into the future and you can pass on to future generations. Most people cannot pass their job on to their kids."
Mining Companies Gain as Metals Rise; Gold Breaches $1,400 Per Ounce
Shares of mining companies are higher as metals rise. Gold broke the $1,400 per ounce mark for the first time in nine sessions while copper and silver are trading higher.
Hecla Mining (HL) was last up 5.35% at $11.23, near its 52-week high of $11.40. Denison Mines (DNN) was up 3.77% at $3.30, near its 52-week high of $3.64.
Hecla Mining (HL) was last up 5.35% at $11.23, near its 52-week high of $11.40. Denison Mines (DNN) was up 3.77% at $3.30, near its 52-week high of $3.64.
Bob Chapman : all of Europe is bankrupt,
Bob Chapman on A Marines Disquisition December 23, 2010
Bob Chapman, of the International Forecaster steps to the Mic discussing the financial Market around the world, How Toos to protect your assets & INVEST WISELY,Silver Breaks 30 USD / Crash JP Morgan Buy Silver
CRASH JP MORGAN BUY SILVER - $500.00 SILVER , For sure! Silver / Gold mania is just starting. Crash JP Morgan Buy Silver - $500 silver
Silver Bid $30.16 Ask $30.21 ^ $0.47 rising. APMEX is swamped. I called APMEX, they said Silver orders were immense.with every body buying - that will push it up - get in to make some moey
Silver Bid $30.16 Ask $30.21 ^ $0.47 rising. APMEX is swamped. I called APMEX, they said Silver orders were immense.with every body buying - that will push it up - get in to make some moey
Gold and Silver protects your assets from inflation
Clip from the documentary Fiat Empire explaining inflation, monetization of debt and why gold and silver will protect your assets from inflation.
Gold is going to be very volatile on it's way up. You will see wild swings up and down as it heads to $2500. Day traders are playing with fire and get what they deserve. Buy and hold. I started buying at $380, more at $500, more at $700 and last purchase at $850. Those who have bought at $1400 are going to be just fine as it's got a long way to go. I am hoping for a pullback to below $1300 so I can buy more. It may never happen : - (here's the thing they are devaluating everybodies currencies to create a level platform for the value of Gold so they can introduce SDR's , what we have to do is force congress to discontinue the federal reserve note and let congress create money
in the beginning it can work like the Goodwill script of 1775 then slowly shift into real hard money
Gold is going to be very volatile on it's way up. You will see wild swings up and down as it heads to $2500. Day traders are playing with fire and get what they deserve. Buy and hold. I started buying at $380, more at $500, more at $700 and last purchase at $850. Those who have bought at $1400 are going to be just fine as it's got a long way to go. I am hoping for a pullback to below $1300 so I can buy more. It may never happen : - (here's the thing they are devaluating everybodies currencies to create a level platform for the value of Gold so they can introduce SDR's , what we have to do is force congress to discontinue the federal reserve note and let congress create money
in the beginning it can work like the Goodwill script of 1775 then slowly shift into real hard money
Gold more pressure to the upside in the coming weeks
NEW YORK (TheStreet) -- Scott Redler, chief strategic officer at T3Live.com, reveals what has to happen to gold prices to believe in Tuesday's double digit rally.
Scott Redler,:"....and we've now been in about two and a half month consolidation. Or after we put the height above 14100 we've been holding higher. What I wanna see some -- and above 14100 I don't wanna see get back book thirteen eighty and I do think at some point in the first quarter. We will see new highs will be our way into the 2011 projections which about sixteen to 18100. He -- you don't wait and see because this break up if they got because just short. It could be a little bit of -- so I think it's somewhat for real I was expecting -- move more towards second quarter I think right now if you were long. Verses thirteen point thirteen 31 take a little profits on this popped -- 14100 that's fine but don't get flat stay long gold so that's an indication it welcome -- for the rest -- what you wanna do is right now we have a program. -- up double digits it's up. Is -- huge gap from when we closed yesterday to today if the bears can't fill that gap ....
Scott Redler,:"....and we've now been in about two and a half month consolidation. Or after we put the height above 14100 we've been holding higher. What I wanna see some -- and above 14100 I don't wanna see get back book thirteen eighty and I do think at some point in the first quarter. We will see new highs will be our way into the 2011 projections which about sixteen to 18100. He -- you don't wait and see because this break up if they got because just short. It could be a little bit of -- so I think it's somewhat for real I was expecting -- move more towards second quarter I think right now if you were long. Verses thirteen point thirteen 31 take a little profits on this popped -- 14100 that's fine but don't get flat stay long gold so that's an indication it welcome -- for the rest -- what you wanna do is right now we have a program. -- up double digits it's up. Is -- huge gap from when we closed yesterday to today if the bears can't fill that gap ....
One Metal to Watch in 2011 : Copper,
When it comes to metals, Sean Brodrick likes gold silver. But there's one metal that, more than most, gives him a reading on what's happening with the global economy. That metal also happens to be a great investment.
Silver law suite
Chicago, IL: A lawsuit has been filed on behalf of a class that includes purchasers and sellers of the iShares Silver Trustand the ETF Securities Ltd. Silver Trust (NYSE-Arca “SIVR”) during the period March 1, 2008 through the present.The lawsuit alleges that JPMorgan, the custodian of silver backing SLV securities and the sub-custodian of silver backing SIVR securities, and HSBC, the custodian of silver backing the SIVR securities, manipulated and suppressed the price of silver bar financial products, including SLV and SIVR, in violation of Section 9 of the Securities Exchange Act.
If you purchased or sold the iShares Silver Trust ETF (NYSE-Arca “SLV”) or the ETF Securities Silver Trust (NYSE-Arca “SIVR”) securities during the period March 1, 2008 through the present, you may move the Court to serve as lead plaintiff within 60 days. The lawsuit, Case No. 1:10-cv-07768, was filed in the Northern District of Illinois on December 7, 2010 and is currently assigned to the Honorable Charles R. Norgle, Sr.
Read article >>>>
Gold Miners Jump About 2% as Bullion Price Again Near $1,400/oz.
Shares of gold mining stocks are higher this morning, following bullion prices to the upside as dollar weakness and year-end buying brought the yellow metal back above $1,400 an ounce for the first time in nearly two weeks.
Goldcorp (GG,G.TO) is leading the advance, adding more 2.3% heading into today's open. Other gainers include:
Yamana Gold up +2%
Agnico-Eagle Mines up 1.8%
Barrick Gold up 2.2%
Kinross Gold up 1.8%
Eldorado Gold up 2.1%
Goldcorp (GG,G.TO) is leading the advance, adding more 2.3% heading into today's open. Other gainers include:
Yamana Gold up +2%
Agnico-Eagle Mines up 1.8%
Barrick Gold up 2.2%
Kinross Gold up 1.8%
Eldorado Gold up 2.1%
Housing Double-Dip Ahead: Economist
Dec. 27 2010 | David Rosenberg, chief economist at Gluskin Sheff, tells CNBC another decline in housing prices is being underestimated.
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Take delivery is my two cents. Depending on how much you have will depend on the level of security. Personally I store mine in my rifle safe. I'll be in the market for a new safe soon and I will be putting serious (for me) money into buying the best that I can.
It'd also depend on your world out look.
Best of luck