Showing posts with label Silver. Show all posts
Showing posts with label Silver. Show all posts

Thursday, May 19, 2011

Bob Chapman : Silver will shoot back up

An Update about Silver by Bob Chapman yesterday at the Discount Gold and Silver trading interview , Bob bBelieves that Silver will shoot back up to former highs, this is a good time to be a buyer as is Bob himself

Wednesday, May 11, 2011

Robert Kiyosaki : buy Silver under twenty

Robert Kiyosaki : buy Silver under twenty


Robert Kiyosaki is not buying Gold and Silver right now but he is still bullish on them : No , but that does not mean I am not bullish on Gold and Silver , the problem with Gold and Silver I say it again I can't borrow money to buy three million dollar worth of gold I have to use my money I won't use debt , other people's money , number two there is no cash flow from that I don't have income from it so and If I have to sell it I have to pay 28 percent in tax , I'd rather put my money on oil project where I got 28 percent tax break right away , that makes more sense to me , at the same time I am still now investing in copper and natural gas because they are all time lows ...when something starts to move like gold and silver I am on to the next venture should I say , and I made my money in gold and silver , I made enough ....when asked if it is safer to buy silver now Robert Kiyosaki says : you should have bought it when it was three bucks that's when I bought so...look I want to say this : I do not like gold and silver simply because of the tax issue in it , if you buy an ETF like SLV or GLD you pay 28 percent tax that's because the government does not like gold and silver because they rather have you play with their dollars their fraudulent US Dollars the counterfeit money , so gold and silver is good and when I say to most people who don't now anything , gold and silver are better than saving money cash , another thing is this , when I look at the world I look at ten year increment here's 2010 going into 2020 those ten year period , in those coming ten years 85 million baby boomers start to retire that's approximately a hundred trillion dollars in social security and medicare the question I have for you : can Obama or the US Congress and the senate can they solve a hundred trillion dollars deficit , I say no they can't so that's why I'll continue to buy gold and silver if I have an extra cash that's what I do ..I love my country I just do not trust my leaders I don't think they are going to solve this problem democrats republicans independent Buddhists christian Hindu Jewish I do not care they can't solve this problem ...China is in a massive problem right now ...so it is not what the politicians are gonna do , it is what you gonna do about it right now , so if you don't know much Gold and Silver are pretty safe bets but not from the tax side from the capital gain side simply because the United States is in a very serious financial trouble and I do not think republicans or democrats are gonna fix the problem...I think we are going down , I think the dollar is going to dive and that's why I am in oil production I am in rental real estate because people have to have a roof over their head and silver has already made its move but it still has more to go I think I do not think 200 dollars silver is out of line but I have already bought it at 4 dollars ,5 dollars 7 dollars I bought as high as 17 dollars then I stopped if you read my blogs I said buy Silver under twenty and sure enough in the last year it has got up a 145 percent went right past twenty...






Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Tuesday, May 10, 2011

The Silver rises more than 8 percent this week

The Silver trade. It's driven by investment demand CNBC 5/10/2011

The Fast Money traders weigh in on whether you should buy silver now and which trades you should put down today.Silver looks like it has bottomed and it has started rising back up again after it fell last week on fund exits CME margin hikes in fact silver prices rises 8% this week .
B.K. " I'm still long silver, both options and the SLV. I do think you can probably get in, at least on a third position here.you can you use 33 on the SLV as your stop. that way you have a defined risk, or can you just go with some upside calls maybe the 40 calls on the SLV, something like that, but I still believe in the silver trade. one, it's driven by investment demand which certainly came off with the margin increases, but there's a new mutual fund that's coming out that's going to be holding physical silver and inflation is not done both China and Brazil are raising wages, and that will lead to more inflation. "








Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Wednesday, May 4, 2011

Mexican Billionaire Carlos Slim Selling Silver

Mexican Billionaire Carlos Slim Selling Silver



here is something we are watching right now. we have breaking news on one billionaire making a move in the precious metals market. this has been an effort to hedge production for his silver mines. a spokesperson would not tell the percentage of production they have hedged out nor the price they have been able to secure on what they have been selling. this is an effort to hedge productions from the silver mining as a new company that went public. it is a mining company of gold and silver. we have been hearing from traders that they believe that Carlos has been active in the futures market. securing a certain price at very his prices that we have seen over the last couple of weeks. i will tell you i spoke with him directly back in January. he was very concerned about inflation. commodities prices were driven higher because of the weak dollar and the big surprise money that had injured in the world. would coincide with the belief that what he expressed at the time, a lot of commodities are moving higher due to an issue of the weak dollar.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Tuesday, May 3, 2011

Silver has still a long way to go

Silver has still a long way to go , this is a great opportunity to buy , I bought a week ago at $46 and I am buying now at $41 I trust experts like James Turk Mike Maloney and Bob Chapman , all agree that the price of silver will shoot up and up once it crosses that psychological barrier of $50 , how could silver be in a bubble when not even 1% of the population owns silver ??? I live in a huge north American mega city and the whole City has hardly 3 to 4 coin shops selling gold and silver to a population of around 6 millions when we count the suburbs most people have never heard of gold and silver coins so i wonder how come some dare to talk about a bubble when roughly 1 percent of the population only owns some kind of silver ?


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Monday, May 2, 2011

Bob Chapman : Silver will break $50 /oz

Bob Chapman - gonob radio - 05-02-2011

Bob Chapman : Benazir Bhutto in 2007 in a public broadcast service said he was dead for seven years and three months later the CIA had somebody put a bullet in the middle of her head I started following the carrier of Bin Laden in 1985 says Bob Chapman of the international forecaster who was working as a US counter intelligence agent , Osama was working working as CIA operative in Pakistan and Afghanistan he was an employee of the CIA , this whole business of Al-Qaeda and Taliban they're all controlled by the CIA and MI6 and MI6 in particular....., Silver will break $50 /oz there is no resistance ...

Bob Chapman - Great opportunity to buy Silver

Bob Chapman - Discount Gold Silver Trading - 05-02-2011

Bob Chapman : I have been told the administration through their contacts o Wall Street have them calling big commodity houses and telling them to get rid of their silver positions so that Morgan can cover and that's what this is all about right now , great opportunity to buy , says Bob Chapman of The International Forecaster

Eric Sprott sold his Silver Trust units

As reported by the Canadian news paper the Globe and Mail this morning of May 2, 2011 Eric Sprott sold his Silver Trust units : Eric Sprott and Sprott hedge funds have sold trust units in Sprott's Physical Silver Trust. The trades were made in the last two weeks of April when the price of silver peaked. read article >>>>

Why did Silver price Slip today ?

Michael McCarthy, chief market strategist at CMC Markets, believes silver has entered the "blow-off" phase of the bubble market and prices will stay volatile.I beg to disagree with McCarthy , what we saw this morning was a healthy correction the price of silver is what it was just a week ago , the fundamentals are still fantastic and I expect the silver to end at $50 by the end of the month...today's dipp is a great opportunity for buyers to go and get more physical silver...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Saturday, April 30, 2011

Bob Chapman - Discount Gold Silver Trading - 04-29-2011





Bob Chapman : everybody in the world should go out and buy at least an ounce of silver let's help Max Keiser's campaign of 'Buy Silver Crash JP Morgan ' ...Gold and Silver are the safest place to be not the real estate or the stock market says Bob Chapman of the International forecaster

James Turk - no resistance as Silver nears uncharted territory

James Turk : we almost touched $50 /oz silver in Asia , then we backed off a little bit , the markets today are closed in Europe for the 4 days Easter holiday so it will be interesting to see what happens when they come back tomorrow , given the amount of the buying power that we are seeing in the market you have to assume that we will be seeing higher prices in the weeks ahead , once we are over $50/oz there is no resistance as the way I see it says James Turk , go back and look at the DOW when we went over a thousand back in 1982 it just kept going and going and going , the same thing could be happening here with silver for the next couple of years , because the supply /demand picture is very good and everybody knows the problems with the US dollar ...silver is still a cheap form of gold on historical averages and that's attracting a lot of people into the market ...

Tuesday, April 26, 2011

Peter Schiff Silver is Unstoppable

Is there anything that can stop silver's ballistic rise? The precious metal flirted near the $50 mark yesterday. Peter Schiff, of Euro Pacific Capital gives his insight .




Peter Schiff : if you look at the amount of silver in the earth versus gold and I think the ratio there is about 17 to one , I think silver is going to continue to gain on gold as this bull market continues to unfold , I think we have many many years left to go , I ultimately think that you will see a gold / silver ratio below 20 ,right now is more like about 35 , but when this bull market started I think the ratio was about 60 , now I have been buying silver for about ten years when I started buying it it was 5 dollars an ounce at the time gold was about 250 , 260 dollars an ounce both the precious metals have gone up , but silver has gone up more and if i am right and this bull market continues I expect silver to keep outperforming at my metals company I have been recommending people would have two third gold one third silver for long time obviously people that did that right now they might have fifty fifty because silver has gained on gold even though both metals have risen , and the reason that's happening is because Ben Bernanke is debasing the value of the dollar , r i fact central banks all around the world are too loose they are creating too much money and so people all around the world are buying gold and silver as a store of value and I think that that will continue ....

Monday, April 25, 2011

David Morgan : In an Inflationary Scenario Silver is the place to be

David Morgan ..what's happening is reflective of the currency problems the dollar particularly cause it is still the reserve currency of the world , Silver is under fire for quite sometime increasing by almost a buck or more a day David Morgan explains , uncertainty in the market distrust of the US dollar are going to propulse gold and silver prices even higher , the dollar as any other FIAT currency is going to collapse,  what is worrisome is that the US Dollar is the world's reserve currency ...



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Friday, April 22, 2011

Bob Chapman I bought more Silver Yesterday !

Bob Chapman - Disc Gold Silver Trading - 04-22-2011

Bob Chapman : the situation that JP Morgan Chase and HSBC are in is unusual , with the help of all the silver buyers out there they can cover their shorts bob Chapman is one of top five gold and silver experts in the world besides having been gold and silver broker for over 30 years so he knows what he is talking about ,so if he is still buying silver at this price it means that silver is still a smoking deal ...go grab more I know I am ...

Thursday, April 21, 2011

Silver going ballistic

Silver going ballistic : Is the dollar drop fueling corporate earnings. The dollar index falls to its lowest level since August 2008 . Also, a discussion of tech earnings from this week, is the dollar broken for good, how high can silver go.




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Wednesday, April 20, 2011

Silver and rare earth are going to be in tremendous demand : Stephen Leeb

Stephen Leeb on Goldseek Radio 20 Apr 2011

...what I am more concerned about to be honest with you is what going on with Silver market and rare earth market says Stephen Leeb these markets are up more than 30 percent since the Japanese Earthquake and the nuclear accident , I do not think it is coincidental I really think it is recognition that silver and rare earth are going to be in tremendous demand because they are central to renewable energy , and if the nuclear is going to take a back seat even in China where they will still go forward pretty aggressively with nuclear they're really got to be more conscious of the risks that means a lot more solar a lot more wind a lot more rare earth a lot more silver , I would not be surprise that the Chinese are behind the Silver market move Stephen Leeb added ...or a major part of it , if that's the case I would guess the silver will go much more higher ....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Saturday, April 16, 2011

Silver in the hands of the people

Silver in the hands of the people Silver as Money : Summary of the lecture given by Hugo



Salinas-Price President of the Mexican Civic Association for Silver in January 2011," How to monetize silver so that it can circulate permanently in parallel with paper and digital money" the last bubble is world's currencies , all currencies in the world are fiat currencies and they are all derivatives of the dollar , which is itself nothing but a piece of paper ,The silver coins will outlast any central bank

The first conditions to menetize one ounce coin silver are :
The coin shall not bear an engraved monetary value.
The Treasury will attribute a quote, a monetary value in pounds to the ounce.
The quote will serve the same function as an engraved value.
when the coin has an engraved value it's condemned to go out of circulation
The last monetary quote given to the ounce by the issuer must not be reducible.
Just as is the condition of present British pound coins and bank notes.
If the quote is allowed to fluctuate in value downward, according to the price of silver, then the ounce will not be currency: it will continue existing as a commodity
Silver money will remain permanently in circulation and will never be at risk of disappearing due to a collapse of the banking system.

Monday, April 11, 2011

Silver price doubled in the last 12 months

Silver prices at 31-year high , silver hit a new 31-year peak Tuesday as investors' desire for safe havens trumped news of a Chinese interest rate increase. the price of silver, which more than doubled in the last 12 months, climbing to its most expensive level versus gold since 1983.according to some experts like James Turk and Eric Sprott , the silver bull rally just started and we are going to see an explosion in the silver market in the coming months and years , this is the decade of the silver Eric Sprott calls it ,this is the biggest investment opportunity in human history says Mike Maloney

Wednesday, April 6, 2011

Bob Chapman Silver price will explode

Bob Chapman explains why the price of silver in the long term can only go up and what happens when the banks manipulating their short positions can no longer continue."the price of silver hits a new high everyday " says the International Forecaster Bob Chapman "gold and silver have been suppressed for years he explains since august of 1988 when the president of the United States signed an executive order saying that the FED and the treasury and the New York could manipulate the market and they have been doing that ever since and they picked on gold and silver , so gold and silver have been suppressed since then and this suppression is coming unglued sort to speak says Bob Chapman ,not only that but the government inherited a very large naked short position in silver , shorting means you gonna bet something is going to go down , naked means there is no collateralization in other words you do not have silver on hand to deliver if somebody demands it , this giant naked shorting position which manifested itself in JP Morgan Chase and HSBC they can't cover their shorts there is not enough silver for them to make delivery as well so they keep on creating derivative contracts options futures which are delaying the final problem and that is pushing the price up , right now JPM is off-site probably close to 60 billion dollars , HSBC probably 20 billion and that's a lot of money ....if we can get silver up to $50 , $60 /oz they are gonna have to default now when that happens it will affect the COMEX the LBMA in London the options the derivatives and as a result it will also anybody or any entity that is using those instruments to be in the market papee market as opposed to physical , if trading in paper stops the whole house comes tumbling down  the result will be the end of paper market at least temporarily in silver perhaps in gold as well , silver price will explode as a result ....

Thursday, March 31, 2011

Peter Schiff Ultra Bullish on Silver

Economist Peter Schiff of Europac on CNBC 31 March 2011 answering questions about the Silver Supercycle and where he sees the prices of silver going after silver rose 22% in a quarter while gold remained basically stable...Peter Schiff : I have been riding this bull (Silver Bull) since 1999/2000 ...Silver  kind of has the best of both Worlds because it is an industrial metal and also a precious metal , so if you think the economy is growing you can buy silver and if you are afraid of inflation you can buy silver , it kind of has that element going for it ....the silver price is rising for the same reason that oil price is rising or agricultural commodities are rising , paper money is losing value , it is losing value because central banks are printing too much of it , that's not going to stop , look at the news you got today , you got higher than expected inflation coming out of Europe , you got the CEO of Walmart basically warning Americans to brace themselves for serious inflation he is looking for cross the board broad based increases starting in June


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