Every $20 Billion in new money will move the price of silver $144 higher. JP Morgan is in deep, deep trouble.This video provides the empirical logic for why we must "BUY SILVER!" Well, $500 silver will come after we get to $175
Of the $600-$1,000 Trillion Dollars in derivatives globally and that's a T as in Trillions what percentage would have to be converted to silver to bring the price to $1,000. per troy oz.? $140 Billion in new money pouring into physical silver gets us to $1,000/ounce (and that's not even counting the impact of the unraveling 100 to 1 paper fraud out there) I'm just counting new, honest money like Sprott's PSLV was.The dollar hasn't even bothered to get up off the mat lately. It's hard to look at the oil price and food prices and add the silver shortage on top and think of a scenario where it doesn't all come undone in the next few months. Just about time for another war. Are we ready for WWIII? If one of the middle eastern countries attempt to abandon the dollar for oil trades, it would be the first shot.
So many things about to kill the $, silver will do it for sure in the near future.
Friday, March 4, 2011
Silver Signals Hyperinflation & End of Petro Dollar
03/04/2011 Silver is signaling hyperinflationary expectations and the end of the current Petro Dollar system implemented between 1971 and 1973.
Some people make a big deal about gold prices up. Spot prices tonight show gold @ $1,428.50 up from $1,133.60 one year ago. Silver tonight, $35.44, one year ago, $17.20. It's a test to see if your paying attention ;)i'm afraid they're going to close off downtown washington, dc one night and our lie filled hatful media shows us some old clips of sporting events and say there is a revolution taking down obama and friends, and we wake up to a much more cruel "dictator".
Some people make a big deal about gold prices up. Spot prices tonight show gold @ $1,428.50 up from $1,133.60 one year ago. Silver tonight, $35.44, one year ago, $17.20. It's a test to see if your paying attention ;)i'm afraid they're going to close off downtown washington, dc one night and our lie filled hatful media shows us some old clips of sporting events and say there is a revolution taking down obama and friends, and we wake up to a much more cruel "dictator".
The Case for Equities
As the economy moves from recovery to expansion, equities may play a key role in portfolio diversification.
Bob Quartermain : Silver supply constraints
Silver supply constraints explained by Bob Quartermain . Bob Quartermain spoke about the constraints facing silver supply today, "Mine supply doesn't meet demand and in many of the new applications silver isn't being recycled, so it's not going to come back into the scrap supply chain... We'll have to go out and find new mines or new sources for silver and that can only speak to higher prices."
Currency and Interest Rate Insights
Currency and Interest Rate Insights Lind-Waldock Strategist Dennis Cajias discusses the currency and interest rate markets.
Oranges Good Inflation Hedge
Mar. 3 2011 | Aadil Ebrahim, managing director at Bowen Capital Management, says Asian Cirtrus, China's largest orange plantation owner, is a good hedge against inflation in the mainland.
Gold and Silver price ranges and the support levels that must hold
Trading Ranges for Gold and Silver
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, reveals gold and silver's price ranges and the support levels that must hold.
Gold -- is taking a hit on Thursday it goes gold in -- in the spot right. Down just over thirteen dollars -- Jon Nadler senior analyst at kitco dot com. And done I know we're seeing -- eloped today but. How -- to that that gold was able to make and settle at new record highs......
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, reveals gold and silver's price ranges and the support levels that must hold.
Gold -- is taking a hit on Thursday it goes gold in -- in the spot right. Down just over thirteen dollars -- Jon Nadler senior analyst at kitco dot com. And done I know we're seeing -- eloped today but. How -- to that that gold was able to make and settle at new record highs......
Silver or Gold - David Morgan, on Which Best Metal to Own ?
NEW YORK (TheStreet) -- David Morgan, founder of Silver-Investor.com, reveals his trading positions for gold and silver and which metal has more upside for the long and short...
Gold prices are popping on Friday after it -- but not often jobs number. Because gold index and the spot -- at it over thirteen dollars joining me is David Morgan founder and silver investor dot com. And even -- off. Look at silver and gold didn't do you have on right now it's been awhile since we talked.....
Gold prices are popping on Friday after it -- but not often jobs number. Because gold index and the spot -- at it over thirteen dollars joining me is David Morgan founder and silver investor dot com. And even -- off. Look at silver and gold didn't do you have on right now it's been awhile since we talked.....
Oil Touches Record 2-year High of $103 as Libya Unrest Rages
Oil prices continue to climb, reaching their highest level in two and a half years at over $103 a barrel, as political upheaval in Libya does not look to ease anytime soon.Light sweet crude for April delivery rose $0.91, or just under 1%, to $102.82 a barrel on the New York Mercantile Exchange, after climbing as high as $103.57, the highest level since Sept. 29, 2008. Brent crude on the ICE also gained, adding $0.54 to $115.33.Prices had eased slightly Thursday following reports that Venezuela president Hugo Chavez would help mediate the crisis in Libya. However, with renewed fighting in capital Tripoli and doubts about Chavez' ability to rectify the situation in Libya, oil prices returned to advancing.
Gasoline prices are setting records in Europe and have passed the $4 a gallon mark in California. The current U.S. gasoline average of $3.81 a gallon is near a two-year high.
Trade in the oil market has been volatile over the past weeks as investors worried about supply if Libya's unrest spreads to other OPEC nations. Most of Libya's oil production has been halted due to the nation's instability.
Gasoline prices are setting records in Europe and have passed the $4 a gallon mark in California. The current U.S. gasoline average of $3.81 a gallon is near a two-year high.
Trade in the oil market has been volatile over the past weeks as investors worried about supply if Libya's unrest spreads to other OPEC nations. Most of Libya's oil production has been halted due to the nation's instability.
Impact of High Oil Prices on Airlines
Impact of High Oil Prices on Airlines
Mar. 3 2011 | Discussing the impact of rising fuel prices on the airline industry with Andrew Miller, CEO of CAPA Consulting.
Mar. 3 2011 | Discussing the impact of rising fuel prices on the airline industry with Andrew Miller, CEO of CAPA Consulting.
Alan Greenspan, on The Gold Rally
Mar. 4 2011 | Gold prices reveal that there are "uncomfortable" elements in the market, says Alan Greenspan, former Federal Reserve chairman
Foreclosures to Slow Down?
Mar. 4 2011 | Alan Greenspan, former Federal Reserve chairman, expects foreclosures will start to slow down. He also says the housing market is dealing with a significant level of distressed sales.
Warren Buffett on Farmland, Commodities
Mar. 2 2011 | Warren Buffett, chairman & CEO of Berkshire Hathaway, shares his view on rapidly increasing prices of Commodities and farmland across the country.
Silver Wheaton Revenue Up 65% Year-Over-Year (SLW)
Silver Wheaton Corp (NYSE:SLW) reported Q4 EPS of $0.35 yesterday, beating consensus estimates of $0.31 per share. Revenues for the quarter were up 65% year-over-year, to $149.6 million, below consensus estimates of $154.9 million.
The Company estimates, based upon its current agreements, to have 2011 attributable production of 27 to 28 million silver equivalent ounces, including 15,000 ounces of gold. This represents a 15% increase compared to 2010.
Peter Barnes, Chief Executive Officer of Silver Wheaton, said, "2010 was a tremendously successful year, with the Company setting new records on all financial and operating metrics. In just six years, Silver Wheaton has grown its market capitalization to in excess of US$15 billion, and has more silver reserves than any silver company in the world. We were especially pleased that the production ramp up at the first of our cornerstone assets, Goldcorp's world-class Penasquito mine in Mexico, exceeded expectations and contributed to Silver Wheaton's peer-leading 37% annual production growth. This was particularly timely as silver prices climbed to 30 year highs which resulted in record quarterly and annual results."
The Company estimates, based upon its current agreements, to have 2011 attributable production of 27 to 28 million silver equivalent ounces, including 15,000 ounces of gold. This represents a 15% increase compared to 2010.
Peter Barnes, Chief Executive Officer of Silver Wheaton, said, "2010 was a tremendously successful year, with the Company setting new records on all financial and operating metrics. In just six years, Silver Wheaton has grown its market capitalization to in excess of US$15 billion, and has more silver reserves than any silver company in the world. We were especially pleased that the production ramp up at the first of our cornerstone assets, Goldcorp's world-class Penasquito mine in Mexico, exceeded expectations and contributed to Silver Wheaton's peer-leading 37% annual production growth. This was particularly timely as silver prices climbed to 30 year highs which resulted in record quarterly and annual results."
COMEX Massive silver shortages and collapse of EURO and USD in 2011
COMEX Massive silver shortages and collapse of EURO and USD in 2011
A recent interview with Lindsey on Alex Jones has him mentioning that some rich folks did get wind of the silver leveraged position of the COMEX and started withdrawing silver by the millions of ounces, supporting the web bots analysis. At the silver prices and with backwardation of the spot price, it won't be long before the COMEX goes bust and the paper and physical silver prices diverge.
If you don't hold silver, then you don't own it.
Webbots score again !..They had predicted there would be a shortage of physical silver that was being held for storage as "allocated bullion", meaning these "rich investors" would have been paying storage fees for bullion which wasn't even there...in turn, these rich folks would start "rich riots" .
However the webbots said the "rich riots" probably wouldn't make headline news so you may want to subscribe to my channel.... 'cause I do pay attention to this sorta info.
And BTW, the Webbots predicted this would set off the price of silver as these billionaires would take their cash settlement and immmediatly buy physical silver with it....which in turn will force drastic price increases on a daily basis... $5, $20...
driving the Elites Crazy!!
hold on folks '' cause I've got some much more to say about what silver will be doing in the near future and it's all Bright!!
A recent interview with Lindsey on Alex Jones has him mentioning that some rich folks did get wind of the silver leveraged position of the COMEX and started withdrawing silver by the millions of ounces, supporting the web bots analysis. At the silver prices and with backwardation of the spot price, it won't be long before the COMEX goes bust and the paper and physical silver prices diverge.
If you don't hold silver, then you don't own it.
Webbots score again !..They had predicted there would be a shortage of physical silver that was being held for storage as "allocated bullion", meaning these "rich investors" would have been paying storage fees for bullion which wasn't even there...in turn, these rich folks would start "rich riots" .
However the webbots said the "rich riots" probably wouldn't make headline news so you may want to subscribe to my channel.... 'cause I do pay attention to this sorta info.
And BTW, the Webbots predicted this would set off the price of silver as these billionaires would take their cash settlement and immmediatly buy physical silver with it....which in turn will force drastic price increases on a daily basis... $5, $20...
driving the Elites Crazy!!
hold on folks '' cause I've got some much more to say about what silver will be doing in the near future and it's all Bright!!
Subscribe to:
Posts (Atom)
