Silver Will Be The King Precious Metal Performer

While gold is the king monetary metal, silver will turn out to be the king precious metal performer.  Currently, gold is stealing the show as the East (China) continues to consume more than total world gold production.
However, silver will surprise the markets in the future as overwhelming demand will outstrip supply in a big way.
The key factor that will drive up the price (value) of silver much higher than gold in percentage terms, will be its affordability.  As the price of gold heads back above $1,500 and silver to $30, an individual can buy a heck of a lot more silver than gold.
As the public and market are lulled back to sleep (presently) on the value of silver, there will come a time in the future when it will be impossible to acquire a single ounceonly at much higher prices.
Silver Will Be The King Precious Metal Performer.

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Gold & Silver – Forget Price, From Now On Ownership is All that Matters!

Bernanke-Dimon-Fed-TunnelCircumstances are at such a point that one no longer needs a justifiable reason for being long PHYSICAL gold and/or silver.  Does it matter that the 50 day moving average is going to cross the 200 day moving average, now being bandied about as though there were a degree of magic  associated with the event?  Does it matter any more that China remains a record buyer of physical gold for over a year?  Did it ever matter that coin sales to the public have been setting records for well over a year?
Those who already own gold and silver will be protected, to a larger degree than otherwise, against the certain-to-come devaluation[s].  We have been advocating the buy and hold strategy for over a year, specifically for physical gold and silver and personally holding the PMs, as well.  One of the provisions of the Patriot Act, forced through at the direction of the elites to gain further control over unaware citizens, allows the government to raid anyone’s safe deposit box that may hold either gold or silverStill trust the banks?
Some own gold and silver from much higher prices.  That is okay and not a cause for concernWhen the fiat Ponzi scheme fails, the unnaturally suppressed prices for both PMs will make $50 silver and $1800 gold look like an incredible bargain. 
The takeaway from all of this is the more than ever pressing need to keep on buying as much gold and silver as one can afford.  Forget price.  Ownership is all that matters.  

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Market Report: Profit taking after eight consecutive weeks of rising prices

Alasdair MacleodThe rise in the gold price ran into profit-taking on Wednesday. Having risen $160 to $1345 some short-term profit taking is only to be expected, and silver followed suit.
The correction in silver will not last long before lower prices attract more genuine buying.

The same is broadly true in gold, though this is a more liquid market. Demand for physical metal from China and Hong Kong continues at record levels, and there is talk of the Indian Government relaxing import restrictions in this election year. I personally think it unlikely, but given that Indians are currently paying well over $1400 equivalent the effect on markets of such a move would be immensely bullish.

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David Morgan: Two Year Correction In Gold & Silver Is Finished!

gold bottomIn his latest interview, silver expert David Morgan has joined The Doc’s December 2013 call for a bottom in the 2 year gold & silver correction.
Morgan states that the sell-off to end 2013 which marked a double-bottom in gold was highly unusual, and marked the end of the major 2-year correction in the monetary metals. 
Morgan states that the big gains in gold, silver, & the miners in 2014 has not caught him by surprise, and that the next major bull move is underway.
Morgan’s full interview is below:
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Latest Waterfall Smash Sends Silver Down Over $1!

freefallAfter attempting to climb above $22 during overnight trading, silver drifted down throughout the London session, and has been hammered on the COMEX open, down over $1 to $21.01.  
Gold has also been hit hard, down over $20 from overnight highs of $1345.  
With the crisis in Ukraine escalating, the dollar has been catching a safe haven bid, and the Western Central banks have not missed their opportunity to reassert pressure on the paper metals markets.  [Read more...]

A Massive Move is Coming in Silver: Will it Be a Waterfall Or Blastoff to Triple Digits?

launch rocket verticalAs you will see below, there is a great deal of ‘misplaced inflation’ sitting in the stock market just waiting to find a home in silver.
The key number for silver to get back through at the moment is $23, which is the 62.8% retracement from $50 denoted on the long-term weekly plot. Once firmly back into the Fibonacci grid, market observers should watch for two important potential developments: First, a fall back through $23, and then the large round number at $20, would signal a potential waterfall decline in price, which is of course what the Western banking cartel would love to see.  They are attempting to engineer this via their faulty and fraudulent Anglo / American paper pricing mechanisms that are still referred to as markets (think COMEX, ETF’s, etc.), but so far have failed in this regard.   The second important thing to watch for is a lasting break above key Fibonacci resonance related resistance at $33. Once this is history, then it’s a forgone conclusion $50 will offer limited resistance as silver blasts off through $100 into triple digit territory. 

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Watch As Precious Metals & Energy Prices Go Crazy As Things Fall Apart

end badlyThings in the U.S. will begin to fall apart in 2014 as the energy production begins to peak and decline impacting supplies and price in a big way.  This will cause a profound shock to the Stock, Bond and Paper markets.
Precious metals will be some of the best and safest assets to own during this “Energy Induced Collapse” period.
As Wall Street and the financial media carry on business as usual, the underlying foundation of the U.S. economy continues to disintegrate.  Very few Americans realize we have past the point of no return.  This holds true for many of the precious metals investors. [Read more...]

David Morgan: Silver Heading to $26, Will Clear $30 in 2014

In his latest interview, silver expert David Morgan discusses silver’s nearly 25% rally to start 2014, gold re-establishing the bull market, and how the massive US debt bomb finally detonating will impact the precious metals market.
Morgan sees silver running to $26, and after 2-3 tries, major resistance at $26 will turn into support as the next major bull move begins. 

David Morgan full interview is below: 
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Silver: 50 Days and 100 Years

silver stormIn the long term, Gold & silver prices have dramatically increased for 100 years since 1913, the birth of the Federal Reserve – our inflation machine. Worse, since Nixon abandoned the partial gold backing for the dollar in 1971, the inflation machine has accelerated.
Over the short term, Silver has gained 7.7% in 50 days. I think December marked a double bottom in the silver market, but we’ll know in a few months.
Crashes and large rallies are likely to happen more often in this era of High Frequency Trading and “managed” markets.
The next time you hear from an analyst that silver is likely to remain under $25 for the next decade or drop to $10, or whatever, remember 100 years of history, 100 years of price increases, and 100 years of official national debt exponentially increasing at 9% per year – compounded each and every year.
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Silver Price Forecast 2014: Silver Prices Will Rise Dramatically At The End – Are We Close To The End?

launch rocket verticalThe real price of silver bottomed in 1931 and again in 2001, which could be described as a 70-year double- bottom. That is 20 years longer than gold’s bottom, quite a massive divergence. In 1980, for the first time since the first bottom, silver made an attempt to test the previous highs in place since the 1800s, and actually exceeded it for a while, which is typical of how silver can spike. So, silver actually technically did what gold did at least 40 years earlier.
After the second bottom of gold in 1970, gold started a rally that ended much higher than the previous highs of the 1800s. That is what rallies after valid double-bottoms normally do. Now, as I have said above, silver made the second bottom of its double bottom in 2001, and has started a rally since then. If it continues to follow what gold did, as well as what normally happens after a valid double bottom, then this rally will end much higher than the real highs of the 1800s.
Given the fact that silver has a tendency to spike much more than gold does, then we should expect massively high silver prices during this coming rally. [Read more...]

THE COMING SILVER STORM: The Public Is Not Prepared!

gold stormThe financial sky is growing dark.  The stock markets are experiencing volatile trade winds.  The barometer of the economy grows weak as indicators point to another recession looming on the horizon.
The Fiat Monetary System and Derivative’s Monster is heading towards certain death…. it’s just a matter of time.

The Precious Metal Storm is coming… unfortunately, the public is not prepared. [Read more...]

Silver Goes Vertical Again, Spikes Through $22 on Asian Open!

beach ballAfter Friday’s monster $1 rally of nearly 5% in silver, and $20 in gold, the metals are again breaking out to the upside on Monday’s Asian open, just as we forecast on this weekend’s Metals & Markets.
Silver opened Globex trading with a vertical move, and after consolidating around $21.70, is spiking again on the Asian open, and looking like it wants to challenge the $22 level this evening. [Read more...]

Silver Update: Gold Lies

Gold liesBrotherJohnF discusses the German gold repatriation (or complete lack thereof) as well as China’s gold demand soaring to new record highs in his latest Silver Update:
Gold Lies
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Short Squeeze in Progress As Gold & Silver Go Vertical

The long anticipated Gold & silver short squeeze has begun as gold has exploded after retesting $1300 overnight, and my-shorts-on-fireis now up nearly another $20 today to $1321.
Silver has been even more impressive, up nearly $1 on the day to a high of $21.38.
Should silver be able to clear $21.50, an astonishing short squeeze would be likely- potentially propelling the metal to $22.50-$23 before pausing.
As both metals appearing to be launching another vertical move to the upside, Friday is shaping up to be an explosive trading day to end gold & silver’s massive week! [Read more...]

Debt Chicanery: Debt Chicanery

debt chicaneryBrotherJohnF discusses the House Republicans folding and passing a clean debt ceiling bill, as well as a historical review of the US debt, and discusses how the increase is likely to affect the markets as well as gold & silver in his latest Silver Update:
Debt Chicanery [Read more...]