Friday, January 21, 2011

Michael Purves : Silver is a Cheap Gold will go over $45 in 2011

Silver " has lots of catching-up to do and at a faster rate"..."well over $45 in 2011" says M Purves

Silver has pulled back from its all time high in December. Will the risk in silver for 2011 continue to be on the upside? BNN speaks to Michael Purves, Chief Global Strategist and Head of Derivatives Research, BGC Partners Silver has pulled back from its all time high in December. Will the risk in silver for 2011 continue to be on the upside? BNN speaks to Michael Purves, Chief Global Strategist and Head of Derivatives Research, BGC Partners

Ted Butler on the COMEX silver

Ted Butler: COMEX silver is the only market which must have position limits radically reduced from the current accountability level. In all other commodities, including gold, the level of position limits is not so important because the short position is not that large.  In silver, it’s the core issue.

Thursday, January 20, 2011

China Inflation and the Increased demand for commodities

Propaganda and Rigged Markets - Inflationary Defences - Fiat Currency
To any who analyze our daily "news" (rather than simply absorbing it like a sponge), it has been obvious for quite some time that the information with which we are bombarded each morning is not "news to inform us", but rather disinformation to deceive us, and conceal the farcical rigging of global markets. Few days provide as stark an illustration of that disinformation campaign as today.

Upon awaking and discovering that gold and silver had dropped a couple of percent overnight, I do what I always do. I immediately went to Kitco.com -- for all of the anti-precious metals propaganda which would be put out to "explain" this move in markets. I was particularly well-rewarded today, as the gold bears at Kitco had furnished no less than four anti-gold headlines, telling all the sheep why gold and silver should be moving lower today.

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