GATAIn the face of this week’s relentless paper attacks on the gold and silver markets, GATA’s Bill Murphy provides some clarity and perspective on the long term fundamentals for silver.  In his latest interview with our friends at AltInvestors, Murphy states that $100 silver is coming soon.

Full MUST LISTEN interview is below:


SDBullion’s new 2013 Silver Buffalo round is available now as low as .99 over spot!

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SD Bullion

  1. BILL HAS BEEN CALLING 100 SILVER FOR OVER A YEAR AND A HALF. i CANT COUNT HOW MANY TIMES HE SAID A BIG DEVELOPMENT WAS AROUND THE CORNER ACCORDING TO HIS INSIDE SOURCES. EVERY TIME THESE GUYS COME OUT SAYING ITS JUST AROUND THE CORNER OR VERY SOON, THAT THE CARTEL IS LOSING CONTROL OR THE COMEX IS GOING UNDER. THE COMEX IS NOT GOING UNDER AND THEY WILL KEEP IT UNDER CONTROL FOR ALOT LONGER THAN PEOPLE CAN IMAGINE. I BELEIVE THEY WILL KEEP THE PRICES WITHIN A RANGE FOR ALL OF 2013 WITH LITTLE OR NO FANFARE. I MEAN PEOPLE ARE TALKING ABOUT A MAJOR COLLAPSE OF THE COMEX. DO YOU THINK THAT THEY ARE JUST GOING TO SIT BACK AND LET THAT HAPPEN. MAYBE IM WRONG BUT I THINK EVERYONE IS UNDERESTIMATING THE CAPABILITIES OF THE POWERS THAT BE.

    • But they are printing silver.  As long as people keep buying it, they’ll keep selling it.  It’s not just silver.  Don’t we see this in every commodity?  The futures markets are basically paper markets that buy and sell more “product” that could ever exist in the physical world.  They actually print oil too.  Why should Goldman, Morgan etc care when they never have to take delivery of anything?

    • I agree. He either has to stop making empty “promises” or say what the h he is talking about or at least WHY he cannot say and give an exact timeline. He has been predicting an imminent explosion based on some hush hush info since august. Talk about crying wolf. If he does not know for sure they can do what he says they might then he should just shut up in the meantime. Well intended people are losing a lot of money over this.

  2. My dealer used to be the cheapest out there. Now he’s out of stock, and I see cheaper option than them.
    Also, his 2013 kilo coins are getting more expensive than maples, ounce for ounce. He tells me the disconnect from paper prices is bound to happen. The numbers he and colleagues are selling, the pipeline is not built to withstand that throughput. Quite possibly, it cannot not be mined quick enough for that. And indsutry just keeps going every day. No-one has stockpiles unless they are intending to only sell well north of $100. that’s why you stockpile. Not for the measly margins to be made in silver. See what you pay for silver? Mints get to buy the silver, mint and pack it, ship it, your country needs to import it, and in many case a form of tax is implemented before you take delivery. My dealer, until just into the dip sold me 11% over spot for capsuled .999. Do the math.

    • Indeed so.  The really strange part of this comes when one politician tells another that “we are on an unsustainable path and changes MUCH be made”, they seem to agree for a moment that the current path really is unsustainable but then it is business as usual immediately thereafter.  What is it about the word “unsustainable” that is as confusing to them as “infringed”, another vastly misunderstood word?

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