Gold is undervalued to the point of idiocy.  But silver?  Silver is in another universe. 
This is a clusterf*ck.  All those “crazy” price targets of silver at $1,000 or more?  They’re not crazy.  In fact, we have a set-up where we could go to $150 silver over the coming 12 months, and then, we hit a blow-off top that takes less than a year to reach $1,000, $2,000+ an ounce. 

 

Buy Gold Eagle Coins at $47.99 Over Spot ANY QTY Limited Time!

By Eric Dubin: 

I wouldn’t be surprised if half of the JPM silver “horde” doesn’t exist and that they’ve screwed clients ala Morgan Stanley (the only mega investment bank to have been officially busted in the last 50+ years for not having customer precious metal in allocated and segregated accounts).  Ted Butler et al. have this wrong too.   It’s not clear how much fraud we’re talking about, but hey, we’re talking JPM. 

Gold is undervalued to the point of idiocy.  But silver?  Silver is in another universe.  And this extended GSR makes it all the worse, because when people get over the fact that there ISN’T available above ground hordes of silver anywhere close to sufficient size to deal with a new Silver bull market, we could end up with a GSR below 10 VERY QUICKLY.  Hell, just by the odd sort of crap that has evolved in the last 2 decades of this price suppression and exploding use of industrial/medical uses of silver, we’ve got a seriously explosive situation here.  Forward mine supply is crashing and it will keep on crashing even if silver rose 50% in the next 3 months because to much damage has been done and when a sector crashes and forward supply is crushed as it already started to have been crushed, it takes time for an industry reboot – no way around that even if the underlying asset recovers in a “v” shaped move. 

At the very time investors start to go nuts for silver, and even with a global economic crash, the inventories of freely available silver are NOT going to meet demand for any buyer category.  Remember what happened when Ford Motor Company freaked and bought Palladium in, what was it, 2000, 1999?  I forget the year – one of those two.  But they freaked, and the market exploded as Ford bought to make sure they had enough for catalysts.  That’s a nice little metaphor.  Now, we’re going to see a scramble from all sides – investment demand and even industrial demand (because the industrial buyers are simply not going to have a choice even with a global economic depression because 450 million ounces of industrial demand is not going to zero even with a depression and the investor demand is going to go absolutely BONKERS). 

Just to make a point, if silver hypothetically witnessed industrial demand crash to 100 million ounces, those industrial demand buyers will still be largely “price inelastic” buyers – no where near as sensitive to rising prices given the small percentage of “final cost” represented by the small amount of silver used in most industrial/medical/etc. applications relative to overall cost of the end product. – and there will be zero “slack” on the supply side of the equation because investment demand will have already sucked all the oxygen out of the room.  When we have an investor mania that has reached the retail level and things are going bonkers to the upside, things are not going to unfold for industrial demand as some people think.  YES, industrial demand will crash, but that’s not what will be the most important thing that will happen.  These industrial buyers will still be price inelastic.  So, at the exact same time everyone – even retail – is going bonkers on the investment demand side, the smaller demand coming out of industrial will be all the more FREAKED OUT TOO, fearing they will not get any supply at all.  Extending my hypothetical illustration, in that scenario, an industrial market clamoring and willing to pay massively higher prices will prove to be one hell of a tail wind to investor demand.  

This is a clusterfuck.  All those “crazy” price targets of silver at $1,000 or more?  They’re not crazy.  In fact, we have a set-up where we could go to $150 silver over the coming 12 months, and then, we hit a blow-off top that takes less than a year to reach $1,000, $2,000+ an ounce. 

Difficult to say just how material the probability of such an explosive scenario truly is, but the thing is, it’s way more than just zero probability, and almost no one has understood the “feedback effect” potential of a lesser industrial demand that’s highly motivated and scared to death.  $1,000+ silver would break EVERYTHING ($500/silver probably would break everything).  Gold would follow (and sometimes, it would be leading).   Something like this could end up being a nuclear winter worse than 1929-1941.  It would force a global banking and monetary reset too.   And the oligarchy would execute a cashless society, because bail-in models don’t work other than the address of one-off pimples of small, dying institution, not systemic cancer.  

    • A full size residential solar array uses about 10oz of silver in the modules so it isn’t that big of a deal.  But as for all of the cost for all of the materials including batteries, you might be on to something.

      Even a small system that can intermittently run the heating system auxiliaries and fridge will make a big difference. Lightning can be done with portable landscape solar lights.  Just build a nice little stand.

    • There’s a lot of really cool 12-volt and 24-volt lighting available – just go to your boat or RV supply stores and check it out.

      I’m in the midst of installing a new solar power system at my girlfriend’s place right now.   Even though it’s really battery power via an inverter that converts your battery direct current power to standard 120-volt AC power, I took an inventory of what we really wanted to run with the power down.  Figure the total watts needed and work back to determine the size of the system.   The actual installation however, starts with installing solar panels up on the roof and working down from there.

      In case of power failure (SHTF or just bad weather) you’ll be needing an alternate source of electricity.

      If you’re feeling really rich and brave, you can install a “grid-tie system” – that’s where you have a solar power system that can supply a surplus and with the right inverter, sell electricity to the local power company when you’re not using all of your solar power – like in mid-day while you’re at work.

    • The grid tie system will not work during power failure.  Without a 60hz signal to match phase to, it shuts itself down.

      A big enough battery bank to power a normal size home for modern living costs about $0.10/kwhr for the batteries alone.  It’s hard to choose an optimum size.

      If someone already has one or two deep cycle batteries from boats or RV,  then a small system for essential basics could be a good plan.

    • There also very bad news coming from the sky, this is no joke. There trying to get a class action law suit against the gov for all the comtrails in the sky. Its diminishing the solar output 25 to 30 percent.

    • ha, funny you guys are talking about solar…

      this weekend i put together my off grid power system, and first thing monday morning i will be calling the power company and telling them to get $*^&ed!

      goodbye to daily supply charges forever!

      grid tie systems are a con. stay away. they benefit the utilities with cheap renewable energy, yet you pay for the huge cost for small scale generation. and then when the grid goes down you still have no power.

    • Everything I’ve read says the average large solar panel (250w) uses about 2/3oz each.  Enough of them to do an entire home is going to run 40 or more panels (I have 50 in my system, and it produces about the average for a US home, 900kwhrs/month)……so you’re looking at closer to 25-30 ounces for a full sized system.

      As for grid tie, you CAN have a grid tie and off grid combination…..you simply have to buy the right inverters for it.  My system uses Outback equipment, but there are others as well.  The system puts excess production to the grid as long as the grid is up (they owe us bit over $900 as of this month), but when the grid goes down and the grid tie contacts open, (as all grid tie inverters must do), then another set of contacts close, diverting the power where you direct….like a whole house generator.  You must have batteries in the system, just like an off grid system.  We flip a manual transfer switch and keep on operating nearly like the grid is still on.

       

       

    • Just observing: Sounds like you have 12.5kWp array. In average location that should produce 50 kwhr per day or more than 1,500 kwhr per month. Your system is under performing or should never have been installed in that location.

      The average home installs 3-5kWp. That’s where the 10 oz estimate comes from.

    • Yes all go buy EVM.AX, I hold millions of this stock, if you buy I become generously(not filthy) rich. Thank you.

      And Eric, I guess you are hording some appreciative amount of silver therefore riding skyhigh your silver skyrocketing fantasy?

    • Um… There’s a que for that. What? You didnt just think you could walk right in and get your hands on this ‘barbarous relic’?!

      Whatcha offering? Fiat? Nah, me preferrs dem little twigs for kindling, less smoke dat way.

      So “cashless” means what, when cash is trash?

      And certainly if these bung-holios cant manage their affairs longer than a few years, why exactly would I entrust my entire LIFE to them, through digital anything?

      Why work for something I cannot touch, or see? Hell! If we go PURE DIGITAL FANTASY, then whyTF should any of us work? Let the damn rovots do it!!! Print me up some digits, Ill go buy some food & some pot and we’ll all just sit on our collective @sses like bankers do!

  1. I think the sky high prices with current currency supply are a little silly. If you’re talking about a whole lot more new currency then that is totally different ball game.

    With current amount of currency, I think $1600 gold and $25 silver will relieve most of the price/supply pressure.

    • It’s tough to say what COULD happen. With gold, we don’t know how many central bank vaults are filled with pieces of paper in the form of lease obligations that are reported the same way as are good delivery bars. We don’t know how much forward mining production is obligated. There are numerous avenues whereby we could see the metals prices go full retard. We’ve always heard silver supplies tend to be “self correcting” since when things slow down, base metal mining slows down and silver supply, which is hardly ubiquitous.

      I think the bottom line is that this whole economy and market is an illusory casino, so lord only knows. At some point if we see a mean reversion to some historical place for metals, we’re all going to be happy. That doesn’t even require a collapse, nevermind when we get one.

    • $1600 Gold and $25 seem to be a little more real as you say. However I believe it could go a bit above that to start relatively speaking. The powers that be ( TPTB ) may give the metals a real battle somehow and utilize draconian  procedures  to stabilize the price to keep up the free printing of money which is their power. At some level the battle could be tough. I do remember in the early 2000’s to mid 2000s that gold had such a difficult and hard time to get past the $ 400 mark !! I am thinking the big door will be the $ 2000 mark for gold and maybe $ 50.00 for silver. You really never know what PTBT may have up their sleeve. They may plan a global reset where gold (and silver following it) obtain a price much larger than we can imagine this early in the new bull run. One can only hope. KEEP STACKING !!!!!!

    • http://www.silverdoctors.com/members/aztecminer/

      I’m more knowledgeable about gold than silver. Silver production costs $10-20 per ounce depending on primary or secondary mine.

      Don’t forget how many people are on welfare when you talk about demand booming. Those prices you quoted were bubble prices just like $1900 gold was bubble price. Gold, silver, diamonds, oil, food, etc all compete for that type of investment.

      The average electronic device uses about 1/100 oz. Without solar panels, an ounce is plenty for most people. World supply is about 20 times that depending on the time frame you use.

      I’m talking about PM prices when fiat have current marginal value. If fiat is being confiscated then higher prices to hide from that make sense.

      I’m not talking about a brief spike in price.  I’m talking about an extended time average. During which supply and production are likely to increase.

    • @Bay of Pigs i thought was in the 50’s..  maybe was the premium after spot price..i remember cuz i wouldn’t buy.. i refused to buy and forgot about silver.. when i looked again it was $33 and i started buying all the way down to $13.50 was last i bought at. i do have tendency to exaggerate sometimes though, although its not really exaggerations, it just seems that way .

    • The planet will be out of easily mined silver within 10 years (as the USGS predicted a decade ago).  Eventually, given that silver is critically indispensable, the GSR could go to 1:1 starting in year 5.  And if the pundits are accurate, and the elites take us to WWIII, we’ll need a few bullion ounces for armaments, missiles, etc. ever year the war lasts.  Where will the silver come from?

  2. Sounds like smells like  a bo  phony in disguise it wont take a year either . The fall of the oil cartell will light the fire there is only china that can bail us out now

    I made 50 rise in gold prediction on monday I will put 100 if the gates Stay open

  3. Silver aside, we have a 3 day weekend Whatever happens tomorrow will set the stage. Anything could happen and today’s clusterbungle for equities and crude and nice price bounce for PMs could make for an exciting Tuesday

    • @AGXIIK

       

      “Anything could happen and today’s clusterbungle for equities and crude and nice price bounce for PMs could make for an exciting Tuesday”

      Yes, anything could happen… or, be made to happen.  But there is that annoying habit of TPTB to release bad news late on Friday afternoon or evening.  That gives them a couple of days to get their act together before it all hits the fan when the markets open after the 3-day weekend.

      Two months ago, the financial news channels were awash in people saying how good 2016 was going to be for stocks.  Those same people are now running for the financial hills in full-throated panic mode.

      It will be interesting to see what happens to Ag and Au prices in the short to medium term, however.  We’ve had a decent initial bounce but it might not be sustainable.  Looks to me as if it might be time for some new wrinkle to occur in the paper silver and gold markets.  Not sure what that would be but it is likely to be brutal.  Can they dump a billion ounces of paper PMs in under a minute during the least busy time of the trading day?  I don’t know but I bet that they try it.  If they do and it does not work, they will be absolutely horrified at the market’s lack of Pavlovian response to their best efforts.

       

  4. Silver never even make it to even a $100. The Govs plan is almost done. They will default the comex before that happens and yes take it over. Then set there reset price. Now the next phase is yes a price rise. But how much is the question? The worlds govs have bought a lot of silver and gold and near confiscation prices and now that source has dried up. The next step is for a price rise to get people to sell there pms. You have to admit its been along time since even seen $25+ silver. Been so long I bet even lots of people even forgot where they buried it. Any way I see a run to $30s very fast here. And at the price there being selling pressure. And might hit even$50 with a special teaser from our gov saying selling now and its even tax free.

  5. Sure Ag could reach 2k within a couple years. Kate Upton could call saying that she’s madly in love with me and is going to put all her money in my checking account.  Chances are that she’ll do that within the next two weeks, I’m guessing….

    • Stranger things have happened.   They’ve happened to me.  Only problem is, if you were to tell anyone they would call you a liar.  And if you don’t want to share the photos, you just enjoy the memories to yourself.  😉

  6. Absurd BS!  Four digit silver price would create a tsunami of new silver production unless there was also a 4 digit oil price.  In which case stackers would not be rich at all, just getting by and surrounded by poor desperate neighbors.

    • I recall once years ago when the Hunts were doing their thing with silver, the price of silver got so hot while everything else in the economy stayed the same, that one furniture store sold a whole house full of new furniture – bedroom sets, living rooms, dining rooms, etc.  for something like $100 face value of silver coinage (what we now call junk silver).   There comes a panic and rush to get on board, and your silver is KING.

    • Your assuming that there is an unlimited amount of silver out there to be mined.  You know what they say about assuming something.

      Mining is rape of the earth.  Tech has promoted this at such and exponential rate that the earth needs to recover and items such as silver need to return to its earthly value…and man needs to take a #$%ing beating for a while and clean house of those who feed of others.  Those men/women who are tough enough, will survive.  The rest, #$%^em.

      Silver, an integral part of the earth and humanities make up has been used to violent extreme…time to give her a rest and show her she is appreciated.

  7. Eric,  Sounds like you rounded up the trolls and the small minds club.  First off what’s magical about the USD its based on faith so how is it worth even a sheet of Charmin.  When it comes to that I will prefer the Charmin.  So what is the intrinsic value there…….basically nothing for the paper version and nothing for the electronic type.   Take a look at Weimar Germany and how they burned their fiat for heat.

    Mining massive quantities of Silver is becoming increasingly difficult.  Check out the grades of silver that are being mined.  Grades are less than 1/2 per ton than they were around a decade ago.  A primary reason why even with cheap oil why production has decreased and profits have disappeared.    Reversing declines and rapidly increasing production will be mighty tuff to do especially with the pipeline of new mines in full retard.

    Sure for this to happen it will take panic and massive devaluation but as we have seen over and over throughout history its very possible.  Your indignation sez you are sitting with a pretty small or non existent stack so if you have the means better act now.  Silver is incredibly undervalued at the rate it comes out of the ground its already discounted by about 85% as it relates to gold.  Only a fool would pass up this type of bargain.

    • “Take a look at Weimar Germany and how they burned their fiat for heat.”

      Yes, they did… and anyone who has ever burned paper of any kind for heat knows how lousy a heating fuel it is.

       

  8. I can see Ag in the $200-$500 fiat USD level after this market implodes in the next few months.

    BUT

    if Au hits $10,000 to $20,000 and

    Ag run up to $1,000 to $2,000+

    It won’t matter, by then there will be NO market. Nothing to buy except maybe some suspect horse meat or other unknown carian.

    PRAY that all hell does not break out. For if it does, ammunition will be the only currency you’ll need

    • MrBaits,

      Nice CC firearm. Except full auto isnt so grreat when your the one purchasing the ammo.

      Doing a “Zombi Apocolypse” scenario years ago I simply calculated that 3 men with bolt action rifles, shooting only 10 rounds a day between them (3+3+4) in defense of their home would burn through 3,000 rounds of ammunition in just TEN MONTHS.

      No genius work there, just simple math:

      10(rounds)x30(days/mo)x10(months)

      You and your sprayeruch like my calculated gang-banger theory would be dry likely in the first month.

      Ancient Chinese Proverb:

      “Best defense….No be There.”

      English translation: keep a low profile brotha! & keep your ammo count high!

    • Full auto does scarf down the ammo but when one is outnumbered and in danger of being overrun, it is a force multiplier.  Useful for an emergency situation only… unless one has a few tons of ammo to feed it.  😉

       

  9. Hey the meteor of size of Taxes can hit the earth in next 12 to 24 months and wipe out all of the life on planet Earth. I hate when people make this stupid assumptions. Silver moves 50 cents and everybody jumps up making this stupid conclusions. Elite controls this market and let silver move $2  dollars and everybody jumps to conclusions and excitement. This is becoming boring listening to this people telling us how silver is going to 1000 and now 2000 dollars. This would only happen if there was confidence lost in the System and Hyperinflation happens,  other then that this  could never be, maybe in next 100 years and yes maybe. People  who make this statements are immature and they are dreamers.

    • pms are manipulated artificially lower than their true value . we know that from all the smash downs.. yeah 1 oz of silver is really worth $15.00 .. i believe ya.

    • Then tell that to the JP Morgan exec who today said on CNBC that people had more faith in gold than in bank accounts, or paper money!

      Hes an imbecile too tho….I know…I know… (Hands you a pacifier)

  10. The real price of silver the public has no real clue. Even coin dealers to million dollar investors are lost in the dark. Here is the story should be very interesting for you to know and read. Say a common wealthy  public stacker has 4000 ounces of silver bars and the local bankster has the same and actually in metal form. And say the silver price they both paid is $25 ounce for there hoard. But here is were it very different. One hoard the stacker is worth at $25 an ounce $100,000 and the banker hoard is worth? $100,000X 250 = $25,000,000. Yes that’s 25 million. When the banker gets done with it that is what it is worth. He sell his hoard to say some mega bank and that bank turns it into toilet paper a.k.a. paper silver contracts leveraged to the excess of 250 to one. All awhile making your real silver investment worth less and the bankster a fortune.

  11. Any thought of western gubmints seizing a defunct comex or the like and regulating PM prices will likely be offset by China, Russia, India and the like.  It is a global economy now and some of the aforementioned are likely to get quite creative in ‘dedollarizing’ the world.  PMs will rule and stacking will not be in vain.

     

  12. We have seen a nice uptick, now this propaganda.

    Control yourselves.

    In 2013 I was told to expect $250 crude oil. My business uses oil. We all know where oil is.

     

    There will be no mania fueled rocket shot to $1000 Silver. $150 is out of the question. This I know.

    • “There will be no mania fueled rocket shot to $1000 Silver.”

      • “I think there is a world market for maybe five computers.” — Thomas Watson (1874-1956), Chairman of IBM, 1943
      • “Who the hell wants to hear actors talk?” — H. M. Warner (1881-1958), founder of Warner Brothers, in 1927
      • “Heavier-than-air flying machines are impossible.” — Lord Kelvin, President, Royal Society, 1895
      • “Everything that can be invented has been invented.” — Charles H. Duell, Commissioner, U.S. Office of Patents, 1899
      • “Inventions reached their limit long ago, and I see no hope for further development.” — Julius Frontinus, 1st century A.D.
      • “There is no reason anyone would want a computer in their home.” — Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977
      • “This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.” — Western Union internal memo, 1876.
      • “”The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?” — David Sarnoff’s associates in response to his urgings for investment in the radio in the 1920s.
      • “The concept is interesting and well-formed, but in order to earn better than a ‘C,’ the idea must be feasible.” — A Yale University management professor in response to Fred Smith’s paper proposing reliable overnight delivery service. (Smith went on to found Federal Express Corp.)
      • “I’m just glad it’ll be Clark Gable who’s falling on his face and not Gary Cooper.” — Gary Cooper on his decision not to take the leading role in “Gone With The Wind.”
      • “A cookie store is a bad idea. Besides, the market research reports say America likes crispy cookies, not soft and chewy cookies like you make.” — Response to Debbi Fields’ idea of starting Mrs. Fields’ Cookies.
      • “Space travel is bunk.” — Sir Harold Spencer Jones, Astronomer Royal of Britain, 1957, two weeks before the launch of Sputnik
      • “All attempts at artificial aviation are not only dangerous to life but doomed to failure from an engineering standpoint.” — editor of ‘The Times’ of London, 1905
      • “640K ought to be enough for anybody.” — Bill Gates (1955-), in 1981
      • “Louis Pasteur’s theory of germs is ridiculous fiction”. — Pierre Pachet, Professor of Physiology at Toulouse, 1872
      • “We don’t like their sound, and guitar music is on the way out.” — Decca Recording Co. rejecting the Beatles, 1962
      • “Drill for oil? You mean drill into the ground to try and find oil? You’re crazy.” — Drillers who Edwin L. Drake tried to enlist to his project to drill for oil in 1859.
      • “I confess that in 1901, I said to my brother Orville that man would not fly for fifty years . . . Ever since, I have distrusted myself and avoided all predictions.” — Wilbur Wright, 1908
      • “Airplanes are interesting toys but of no military value.” — Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre
      • “A bird is an instrument working according to mathematical law, which instrument it is within the capacity of man to reproduce with all its movements.” — Leonardo da Vinci, ‘Treatise on the Flight of Birds,’ 1505
      • “The abdomen, the chest, and the brain will forever be shut from the intrusion of the wise and humane surgeon”. — Sir John Eric Ericksen, British surgeon, appointed Surgeon- Extraordinary to Queen Victoria 1873
      • “You would make a ship sail against the winds and currents by lighting a bonfire under her deck…I have no time for such nonsense.” — Napoleon, commenting on Fulton’s Steamship
      • “Computers in the future may weigh no more than 1.5 tons.” — Popular Mechanics, forecasting the relentless march of science, 1949
      • “Man will never reach the moon regardless of all future scientific advances.” — Dr. Lee De Forest, inventor of the Audion tube and a father of radio, 25 February, 1967.
      • “The aeroplane will never fly.” — Lord Haldane, Minister of War, Britain, 1907
      • “I suppose we shall soon travel by air-vessels; make air instead of sea voyages; and at length find our way to the moon, in spite of the want of atmosphere.” — Lord Byron, 1882
      • “A certain Liquor which they call Coffee…which will soon intoxicate the brain.” — G. W. Parry (1601)
      • “Within the next few decades, autos will have folding wings that can be spread when on a straight stretch of road so that the machine can take to the air.” — Eddie Rickenbacker, ‘Popular Science,’ July 1924
      • “But what … is it good for?” — Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.
    • @SilverSucker ya are awesome .. lol .

       

      @Silver Dollar not sure when it is going to happen.. but the ‘big block of cheese day’ is coming.. i think the big move will happen when most people will not have access to currency.. and maybe during a currency transfer in which everyone loses 75% purchasing power of there currency during conversion to new currency causing an instant reset of pms 750% higher .

      if u dont believe me then u should invest in the most comfy pair of sneakers to stand in line at the wlamart processing centers to be vaccinated so u can be eligible to stand in the fema soup line until u get ur new currency . then u can stand in atm lines. better buy two pairs.

    • LOL! @SilverSucker

       

      That’s a great list of quotes you have there.  Such things remind me of a quote from Henry Ford:  “Don’t waste my time with the 99 men who say a thing can’t be done. Send me the 1 man who can do it!”.  😉

       

    • Im no troll. I own a fairly impressive stack. I never went all in. I methodicly  and purposely stacked, for a very long time. I firmly believe my stack will be very handy one day. Like water in the desert. Not like a winning lottery ticket.

    • @Silver Dollar

      You fail to grasp the the USD is nothing but a piece of paper with letters, numbers, and pictures on it which is backed by nothing but ignorant blind faith.  Fortunaetly for you those who fail to learn from history and doomed to repeat it, so you will get to see hyper inflation again in the next 365 days Weimar Germany style.

      Everyone in Venezuela had blind faith in their worthless paper currency like you do, and now look at them https://www.youtube.com/watch?v=UOQb7Y5QVO8

  13. I haven’t had a chance to read the comments here.  I will catch-up.  This is the first time I’ve been on Silver Doctors all day – been crazy-busy.  So, thanks to anyone that posted a comment or question, and thanks to anyone that is shooting arrows.  <grin>

    I need to make it very clear that the $2,000 potential is just that – POTENTIAL and NOT a forecast.  The last thing I want people to do is read this headline and conclude this is just another example of hype.

    The above wasn’t written as an article.  I just happened to cc Doc on a message I sent.  Normally, I would take care to make sure I’m not coming off as a hype-purveyor.  That is NOT my intention with what I wrote, and what is now an article.  There will be people that read the headline above and conclude that my goal was hype.  Hardly.  I had no idea this thing was even published.  Nevertheless, eyes on the prize and with hope that the subsequent conversation stays focused on the clusterf*ck our dear leaders have created, and not a misreading of my intent with the $2,000 figure….  The point is, things have become so insanely unstable, that we really could see everything implode first, and then explode in an inflationary hell fire.   It’s a potential outcome of the clusterf*ck we find ourselves in, with increasing probability of actually manifesting.

    More later…. and thanks for reading.

    Eric Dubin, Managing Editor, The News Doctors

  14. I have been a steady stacker for 2 years (unfortunately all my silver was lost in a tragic skiing accident) and a quiet lurker to this site. I just had to comment that this [******] article was absolutely hilarious in both tone and content. Eric just wrote an epic rant on par with Rick Santelli’s Tea Party explosion. I do sense, as some of the strong hands on this site that the tide has turned. I have been teaching in my classes for 2 years to watch Deutsche Bank (thanks to Jim Willie) and everything seems to be coming together – yes, even the missives of Bo.

  15. Yup…. so I see.  People are CORRECTLY interpreting this “article” as hype.  It wasn’t intended as an article.  It was a private conversation reflecting on how insane things are. It’s also, clearly, a case where if a different headline was used, the “article” wouldn’t come off so much as hype, but an honest reflecting on just how bad things might get…

    We have a problem in the precious metals media “industry”  – hype, “doomer porn” and outright obfuscation of track records, all of which has the unfortunate impact of turning away a percentage of the people that had the awareness to awaken.  That ends up creating the conditions where the entire industry suffers, and it also directly translates into a smaller number of new people never waking up in the first place,  because their first “gateway” experiences with many of these subjects comes in a sea of hype, etc.

    You know what’s ironic about this?  Many people – including, in my opinion, the management of Silver Doctors – are under the impression that what all of you out here want, content-wise, is hype.  It’s not without cause, mind you, because when you examine who in fact are the people/sites that get the most attention under the current paradigm and within this “category” of media, the current “model” …it is indeed those authors that have a predilection for hype in their media work, newsletters, etc., that get the most attention, “hit counts,” YouTube views, etc.

    I’ve posted on Silver Doctors comment boards now and then, pleading for people to make it clear to Silver Doctors management what you want — that you don’t want hype — and I know many of you have done just that.  Thank you.  Believe me, I have tried to make the argument to both Jon (“The Doc”) and Bull Run that Silver Doctors would reach an even bigger audience if it wasn’t seen through the tarnished lens that exists today.  This place, at times, has the air of The National Enquirer – a tabloid rag.  I’m sorry.  This saddens me.  Perhaps I could have done more, or done things differently to inspire Doc to have seen my argument more clearly.  But I’m also not so arrogant as to think I know exactly what would be best, for SD and beyond.

    Can we try to make this situation better?   How do we move beyond venting and frustration? I know a lot of you care about this place, and I have noticed that the quality of the comment interactions has taken a leap higher in quality.  Maybe some of you could post your ideas for how Silver Doctors could be improved.   If all of you take seriously the opportunity to stay focused on how this site could better serve you, while at the same time help expand the entire industry and reach and wake more people up, have at it.  I promise, if the quality of ideas rises above a bitch-fest and instead, focuses on turning this thread into a public feedback forum where all of you, collectively, can give focus to how to move SD forward, I promise I will see to it that Doc and Bull Run read this thread.  Deal?  But I’m only going to carry my side of the bargain if you all do your part.  No one wants to read attacks.  Stay focused on how to build, improve, etc., and you will find that Doc will have a better chance of actually “hearing” you.  You’d be doing him a favor, and any good manager of any business listens to their customers.  Help him help you get what you want.

    Silver Doctors was a project started by two men that loved trying to understand what’s going wrong with our financial world, so as to help themselves better protect their family.  A very similar motivation is behind most that visit this place.  SD came before SD Bullion.  It was only after lobbying Doc to launch SD Bullion so as to provide stackers with more options that SD Bullion was born.  Help the management team of this company.  They are your allies, and they believe in the mission of waking people up, and helping people find more financial security during insane times.  If you think that mission is better served by elevating the quality of the content that comes through SD, know that I happen to agree.  But don’t react out of anger.  Help build something.  I will carry my end of the bargain.  I will return to this thread over the weekend.  See you over the weekend…and thanks for caring about this place.

    Eric Dubin

    _____________________________________________________________________

    The Moderator echos your comments, Eric. Time I spend “moderating” is because I care about this site. My wife thinks it’s nutty as the pay is zero. But, I covet hearing what professionals in the precious metals space like yourself have to report. Quality robust discussion over those reports is my goal. Fellow posters have various professional backgrounds and bring their expertise with their comments. Then there’s those boots-on-the-ground reports from all over the world from still other posters. Great stuff. Typically, subjects that interest the Doc, interest me too, even when they stray a bit from gold and silver. However, like you, repeated articles authored by a certain chiropractor, ugh, drive me crazy…Moderator

    • How about we get to $20 an ounce first people?  BTW How come the moderators took off the article I posted earlier today containing all the information I researched about the new structure of the financial markets world wide?  If it was taken down I would have to assume there was some truth to it, and the Illuminati does not want it to get out quite yet?

       

    • Where has it ever been written that human civilization needs the “Fed” or central banking in order to survive?…  In any event, Silver at $1,000/oz is only as meaningful as what $1,000 represents.  If $1,000 buys 5 loaves of bread, we know the currency has hyper-inflated.  But if $1,000 still represents a week of labor, Silver then would have regained its natural value.  If would be much more meaningful to say, “Silver will go to 25 oz per Toyota Camry.”

    • “Where has it ever been written that human civilization needs the “Fed” or central banking in order to survive?…”

      Only in the dreams of those who wish to have control over the lives and finances of others.

      The fact, however, is much different.  Between 1800 and 1900 there was no central bank except for brief periods.  That was also a tremendously successful time for the US and American citizens.  Central banking is just central planning applied to banking.  This is a discredited approach to management that should be clear to one and all, yet somehow is not.  It must be a variant of the “it’s different this time” approach to life where massive amounts of hard data proving its worthlessness is simply not accepted.

       

    • @Ed_B what is crazy is the “in god we trust” for the federal reserve to print money to maintain the ‘interest to infinity’ debt slavery system coupled with #abusivehightaxes . .. my opinion is that the usa needs a Magna Carta when we have the revolution and change to new currency and all that .

    • @aztecminer
       

      “…  what is crazy is the “in god we trust” for the federal reserve to print money to maintain the ‘interest to infinity’ debt slavery system coupled with #abusivehightaxes…”

      Perhaps we should read between the lines on that one and see it as “in gold we trust”.  J. P. Morgan certainly believed in gold as money.  One of his famous quotes is “Gold is money.  All else is credit”.  I figure that as one of the wealthiest men who ever lived, he should know “money” when he sees it.

       

      “my opinion is that the usa needs a Magna Carta when we have the revolution and change to new currency and all that .”

      We have such a document.  It is called the US Constitution… Bill of Rights and all.  All we need do is follow it and not elect usurpers who neither understand nor appreciate its finely crafted beauty.

  16. Silver will be worth way more than 2k per ounce. When the dollar goes away, which is a certainty, silver will be worth infinite shit ass fraudulent US dollars. Screw you bankers and I will laugh as you all perish.

  17. @Flying Wombat  What you said–copy that!

    @Henry12fromCT   please repost what you wrote yesterday  I missed it.  It may have fallen off the boards for reasons unknown.

    Silver at $20 would be a nice present.  We’ve seen the price beaten down from $42, crushed to $36, hoping it would recover  Then down to $30; then to $26, thinking it would not fall further. Every reason in the world was thrown on the deck to sustain the argument that it could go no lower. But it went lower.

    At $21, every new reason and all the former reasons were thrown at the wall. None stuck.

    At $18 and then even $14, we were beset with the furies smashing silver prices under $14 for a few moment.

    Now we have a price spike that would, in prior years, be passed off as a minor anomaly, significant of little more than  noise. But it’s hope in the eyes of the eternal stackeratti class.  We see $2 up in short order and think nirvana has been reached.

    Uh, maybe. Enjoy it for a while.

    I think we will see some  additional painful declines of $1-2, maybe even more, before precious metals go up in value and with a vengeance.   Long I was a silver permabull, 5 years, offering as many reasons that silver could never drop below $XX, yet the reality is that silver will only seek its true price, whatever that might be, when those who are able to keep prices low are either destroyed because they can no longer suppress prices, or the real metal price bifurcates from the paper price.
     I’m quite happy to sit by the sidelines, watching the really large events evolve; those that can and will be world changing, and in that epic change, removes the cap from precious metals, allowing them to rise of their own accord, for reasons that have little to do with paper price manipulation

  18. I see no hype in the potential presented in the article.

    It is simply a numbers game.

    There’s approx One Billion people on the planet with means to consider purchasing ‘some’ silver to ‘diversify’; or because of ‘fear’; whatever their personal reasons….Say they acquire even only one ounce on avg; so that’s one Billion ounces.

    Of the same One Billion; the top 10% or One Hundred Million people have ‘significant means’ to consider a modest purchase, say 10 ounces on a whim; because they currently own zero and heard it might not be a bad idea to own ‘some’. That’s another one Billion ounces.

    Of the One Hundred Million, the top 10%; or upper class, currently control ~$20T in ‘assets’. These are managers, engineers; real working folk. If one tenth of these Ten Million folks with means decide to make a purchase as the Ponzi begins to unravel; it is likely they’ll be trying to move on the order of a few Tens of Thousands in $USD equivalent. So that’d be say 1000 ounces times One Million buyers; or another One Billion Ounce demand. With some gold in that mix.

    That leaves the ‘.1%’….. are they going to be front run by the people mentioned above??? I seriously doubt there will be ANY physical silver available for the classes above by the time they start to awaken and try to acquire silver. This ‘.1%’ can currently purchase gold by the Ton, and even if silver is likely ‘just too small’ for them; if only a few of the ‘.1%’ decides they want some silver… well, look at what JPM has supposedly accumulated over the last few years.

    We have all seen the info graphics on just how small the silver and gold markets are compared to the amount of hot fiat that will be seeking shelter. There is no logical outcome that excludes a run on silver that would produce these ‘prices’ because the currency unit itself is likely to be collapsing just as the physical money units are hoarded with ever greater fear and greed.

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