James Turk : as long as silver is in backwardation , Silver is cheap

Bill Murphy calls for silver at $400 : ...well if you are looking to what James has said if you are looking for 400 dollars ( silver ) the answer is yes , and as I mentioned earlier and I talked about a lot this year I think we are into an unprecedented situation there is no telling of what gonna happen over night , even today , having done this all day everyday for twelve and half years now it is just stunning but what I have heard the price did because they know that this is following Ben Bernanke's press conference and what the FED had to say , this is a massive obvious repudiation of that , this is the last thing that these people want so , and the more the gold price goes up the more the average person says I want to buy but I cannot afford gold so I want silver and the short position is getting strangled and it is getting worse ....James Turk : ...as long as Gold Silver ratio is higher than twenty Silver is cheap , and as long as silver is in backwardation , Silver is cheap , or something else can happen which is something that we all have to consider the paper market is going to lose its importance as price discovery mechanism it goes back to my comment at Mises about government and politicians destroying the market but they do not understand how they work , the paper market is being destroyed that's what backwardation is telling us , it's no more reliable you have to look what's happening in the physical market , and the physical market is unbelievably tight , because there is just a little amount of physical silver and a huge amount of paper out there.......

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)

James Turk - Silver Backwardation Near All-Time Record

James Turk - Silver Backwardation Near All-Time Record , James Turk & Chris Waltzek - February 23, 2011
SIlver up 13% in the last month. Beats hell out of the 0.1% interest rate I was getting in the bank before I made my own little bank run.
If the Chinese are buying silver so should we! Buy silver it's a steal at the current prices. Look at historical charts, in 2000 it was $4.02 a troy & now its over $37, that means $10000 invested in 2000 would now equate to $90,000! buy silver instead of a new car!

Silver Backwardation - Ron Paul and Peter Schiff warning

Silver Backwardation and Ron Paul / Peter Schiff warning

Silver is very difficult sourcing says Eric Sprott and explains backwardation

Silver is in backwardation and very difficult sourcing says Eric Sprott from Sprott mngmt assets .Silver is very difficult sourcing says Eric Sprott and explains backwardation ...Silver to Go to $100. That's based on Au being $1600. I a few years Au might be $2000 or more.I think $100 bucks silver is a conservative value i see it at £100 ;) this year which makes my new 911 turbo a reality

Backwardation in silver makes it very bullish explains Bob Chapman

Backwardation in silver makes it very bullish explains Bob Chapman "silver bullion" silver "silver coins" "gold coins"

$400 Silver, Extreme Backwardation: James Turk on Goldseek Radio

James Turk & Chris Waltzek - February 23, 2011
$400 Silver, Extreme Backwardation: James Turk on Goldseek Radio

Silver Backwardation David Morgan on Goldseek Radio - February 15, 2011

David Morgan on Goldseek Radio with Chris Waltzek - February 15, 2011

David Morgan is a widely recognized analyst in the precious metals industry and consults for hedge funds, high net worth investors, mining companies, depositories and bullion dealers. He is the publisher of The Morgan Report a monthly that covers economic news, overall financial health of the global economy and precious metals,he also created the Silver-Investor.com website and authored The Get the Skinny On Silver Investing (Morgan James Publishing, 2009), and featured speaker at investment conferences in North America, Europe and Asia.



Get the Skinny on Silver Investing