Sunday, October 9, 2011

Short Squeeze In Silver Could Be The Big One

This Short Squeeze In Silver! Could Be The Big One says John Rubino

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

What next after the Silver Sell Off

Bob Chapman : HSBC and JP Morgan Chase they have been naked short silver for sometime and they have over 30 class action lawsuits against them one of them is a RICO suit and they have gotten together with others and they are trying to drive gold and the gold and silver shares down in order to force silver down and this is what they are up to right now and I think they are pretty well exhausted what they can do to the downside , we do know that on Wednesday of this coming week we have gold and silver action option exploration now it happened over the last four months as the option writers got their heads handed to them and this time I think they are going to have a good month because the argent execution prices have come down so I do not think there is going to be too much downside although it could go a little on Monday and Tuesday , but I think the damage which is a normal correction I look at it this way has been caused by these people trying to cover

$15,000 Gold by 2015 - Mike Maloney

Mike Maloney : If history repeats and gold covers the same portion of currency supply that it covered in 1934 and in 1980 then we should be seeing prices around $15000/oz or higher , I used to say between 2015 and 2020 but it just feels like with all the financial problems that we are seeing in the world that it probably going to be sometimes earlier than that , in the next 3 to 5 years
it sounds like an astronomically large number from today's starting point the launch pad here however for gold to have the same value against the dollar in other words the number of dollars that exist what I am talking about is base money here which is the paper dollar basically , it's dollars in circulation plus the dollars that banks have in deposit at the federal reserve all redeemable in paper dollars , in order for gold to cover the same portion of currency supply in other words have the same value to those same dollars that it had in 1934 and in 1980 that's the price required $15000/oz , it will be just history repeating itself it won't be unusual whatsoever

The Occupy Wallstreet Demonstrations will turn Violent

Bob Chapman - Green T Hour - October 7, 2011

Bob Chapman : the things that they complain about are legitimate ,but I think what they are after here is to have demonstrations in a number of cities and I think they want them to turn violent they want to give the administration an excuse to enact Martial Law , hat's what they are really after
DAILY NEWS ON BOOZE