explosion

In the MUST LISTEN interview with Future Money Trends below, First Majestic Silver CEO Keith Neumeyer issues a call to fellow silver mining companies to HALT physical silver sales, and band together to form an OPEC-like cartel to combat the criminal banking cabal manipulating the precious metals markets!
We all know the paper market has NO representation to the physical market.” – Keith Neumeyer, CEO, First Majestic Silver Corp.
Full MUST LISTEN interview is below: 

silver sales

After the recent price smash in silver, investors purchased a record amount of Silver Eagles.  In the past week, the U.S. Mint sold a great deal more Silver Eagles than it did during the same time period in every other month of the year.
Not only are first week sales of Silver Eagles stronger than any other month, they have already surpassed the total sales in the month of July and August!
The best time to buy Gold or Silver is anytime before the Financial System collapses.
The day after… will be too late.

SILVER-RUSH

The last day of September, the U.S. mint reported silver eagle sales of 750,000 coins.  One day later, they reported another 1.65 million.
Both were one day records.  The two-day total – 2.35 million – was more than the entire months of August and July:

China demand

In the past 2 days, the U.S. Mint has nearly sold the entirety of the Silver Eagles sold in the month of July! This also stretches the silver to gold sales ratio to 220 to 1 (if buffaloes are counted).
At a gold to silver ratio of 70 to 1, this means that in dollar terms, 3 times as much silver is being bought than gold!
I cannot remember such a beginning to a sales month in the history of the U.S. Mint.
And things are also heating up Across the Pacific. 
Just as over here, things are getting very interesting in China on the silver scene as well…

2012 Amercian Silver Eagle

The market has reacted to the big drop in the paper price of silver by a huge increase in Silver Eagle purchases. 
September was turning out to be a much stronger month compared to July and August even before the last update of the month.
On Monday, the U.S. Mint reported 3,375,000 sales for the month. 
Then this evening, I checked to see if they had updated their figures.. which they did in A BIG WAY.

silver

It’s Back!
For the first time in months, Western investment demand in gold and particularly SILVER is raging like a lion that’s just escaped captivity!
Yesterday, while many were wringing their hands, and beside themselves about the massacre in the paper silver market, the big players, the smartest guys in the room were busy buying nearly 24 tonnes of silver from the U.S. Mint! 
Let me repeat that: the U.S. Mint alone sold another 765,000 silver eagles in ONE business day!
Take a look for yourself:

silver rush

Silver traded as low as $16.85 Tuesday morning at a silver to gold ratio of about 71 to 1.  We have to trace back to 3/22/2010 to find a time for silver at that price!
BUY Physical silver like there is no tomorrow at these prices while it is available, as we are setting up for an epic short squeeze…

silver

As the manipulated paper price of silver heads lower, so are the silver inventories as the Shanghai Futures Exchange.  The silver stocks hit an all-time low today as the price of silver trades in the $17 range.  At the peak, the Shanghai Futures Exchange held 1,143 metric tons of silver.  However, today only 7% of that record amount remains.
As we can see from the chart below, silver inventories declined from a high of 575 mt (metric tons) in February, to a low of 81 mt today.

copper girl

While it’s true that the entire financial system is rigged today, some markets are manipulated more than others.  This is certainly true for the precious metals… particularly SILVER.
This metal is the whipping boy of the Fed and Cartel Bullion Banks.  Most would believe it’s impossible to manipulate a metal for decades… it isn’t.
If we look at the two charts below, we can see just how much more of a beating silver has taken compared to copper over the past 3 years:

silver eagles SLV

There is a chart that every silver investor needs to see.  Especially now, as the Fed and Central Banks continue to manipulate the precious metals lower while propping up the broader stock and bond markets.  Even though precious metals sentiment is at record lows, this normally represents a turning point in the gold and silver markets.
Silver Eagle sales held up much better than Gold Eagles in 2014.  According to my year-end estimates, 2014 Silver Eagle sales will only decline 13% year-over-year, while Gold Eagle will fall 45%.

Now… let’s get to the chart I believe every silver investor needs to see:

silver nightmare

Humanity is returning to its long-lost silver roots: fiat currencies, both of the United States, and the world governments at large, have been compromised.   They have long ceased to be a reliable stores of wealth, or an asset unto themselves.  Fiat currencies are simply paper scrip, denoting the debt of a system of large, private banks.  Whereas, silver has been money for thousands of years.
Everywhere you look, the trend is the same: people are awakening to the state of the world’s financial health, and are swapping their currencies for silver and gold.  This goes counter to the interests and desires of these banks, who wish to keep their privilege of being the sole creators of these units of debt that people mistake for “money”.  Silver is a direct threat to their debt/currency system, which is why they rig its price on a constant, perennial basis.
The problem is that their market rigging has created a world in which silver is just too cheap.
 Way too cheap.

silver maple sales

In a surprising update, Canadian Silver Maple Leaf sales for the first half of 2014 surpassed sales during the same period last year According to the Royal Canadian Mint’s Q2 2014 Report, just released, sales of Silver Maples hit a new record of 15.4 million ounces in the first half of the year.
In the first half of 2014, combined U.S. Silver Eagle and Canadian Maple Leaf sales hit a new record of 39.5 million ounces Even though this is only up slightly higher at an additional 500,000 oz compared to 39 million in 1H 2013, it is still positive growth while Gold Eagle and Gold Maple sales are down a staggering 54%.

empty-vault

While the Comex utilizes highly leveraged paper contracts to control the price of silver, physical metal continues to be drained out of the Shanghai Futures Exchange.  In just one week, total inventory has declined by another 24%.
At the beginning of August, there were 148 metric tons of silver on warrant at the Shanghai Futures Exchange.  In just three weeks, 29% of the total inventory was removed.
The majority of this decline took place last week when 22 metric tons were withdrawn on Friday alone.

falling-bear

The current trading action in gold and silver – although seems quite bearish – is really a non-event.

1)   gold and silver bottomed in last June 2013
2)  June 1st this year:   gold is up almost 3%, silver is up just over 3%;  GDX is up almost 20%

Sure doesn’t feel like the precious metals sector has had positive returns this year, does it?
However, while the market trades sideways, SMART MONEY IS ACCUMULATING THE METALS & MINING SHARES.