Hi folks, Thank you for taking the time to come to the NZSilver Website. The Silver news and commentary is a section is devoted to information, news and reviews related to silver or associated items. (Or me just ranting on about the state of the nation !!))
Some of the views and opinions expressed here are my own and should not be taken as investment advice.
I have been collecting silver for several years and remember when it was $4 an oz which was unbelievably inexpensive, not long before then it was $50. From the dawn of time, Silver and gold have always held intrinsic value and used for a store of wealth for many millennia. From history and present we have learnt that all fiat currency eventually fails. What will this mean for you ?. Follow the links from this site and you will find a wealth of information that will explain in detail, any information that you want to find. You can draw your own conclusions
I believe we are on the brink of something big happening with the world economy. Silver and gold are one of the safest ways you can store your wealth.
In 1907 what could you buy with a $20 double eagle gold coin ??, imagine a weekend in New York City. A night’s stay at the Plaza Hotel cost $1.50, a lunch of a beer and a sandwich was a nickel, theatre tickets on Broadway might cost you 35c, and a five-course dinner at the finest restaurant in the city, Delmonico’s, would set you back all of 75 cents. In other words, you would have a hard time spending the whole twenty dollars while splurging on a first-class weekend in New York!, Today, that same gold coin will still buy you a great weekend in New York. Do you think $20 in fiat paper currency would still get you that?. You would get a happy meal at McDees and a bus ticket to your local YMCA. Where has all the buying power of your paper money gone ??
I had the idea to try and get more people interested in Silver bullion, the low down behind it all and the fantastic opportunity that awaits the patient investor. I want you to be able to make the decision for yourself but you have to read and understand what is unfolding and will eventually unwind. After all, the fundamentals and circumstances in silver are more bullish than any commodity. Manipulation has created what is believed to be the investment opportunity of a lifetime. All I can do is point you in the direction that has helped me make my decision. I started this website as a hobby which also helps other bullion buyers to accumulate easily e.g. shop from your PC at home and have silver delivered to your doorstep with no hassle or risk and also in a way that is easy on the budget. I will be adding commentaries and information to this page from time to time.
Alec Blackhall. NZSilver founder.
The JP Morg are shorting our silver !!
Just like the Max says - get the physical silver and bring down the JP Morg.
and
Thank you to all bidders for the KTA charity auctions of November We raised $600 towards my teams $10000 goal. We completed the Tongaririo crossing in a leisurely 6 and a half hours - the weather was great and some of us are gearing up to do it again plus climb Mt Ngauruhoe on the way just for fun. A big hats off to the 3 blind mice who organised this and completed 4 back to back crossings. (I though 1 was a challange) They have raised over $65,000 for the KTA trust. What an awesome effort from all. Just one more word – it is great to see another bullion trader following my lead and giving back to the community – good for you. If only the big boys did the same. Cheers Alec.
Buy silver ...crash JP Morgan !!! - Max Keiser - Keiser Report
You just got to love Max, his reports always put a smile on my face. JP Morgan one of, if not the biggest market manipulator in shorting silver and also one of the biggest derivative scammers (according to analysts) – just matter of time folks!!
What is Quantitative easing (QE)part 2 ?
Here is a small video explaining what Quantitative easing (QE) part 2 is - remember the USD is the reserve currency of the world for example most commodities are based in USD e.g. oil for instance - it has trickle on effect... even here in NZ folks..
Delta’s Mad Mouse Challenge charity auction starting Saturday evening the 13th of November I will be auctioning off a selection of 10 silver bullion items at no reserve to help raise money for the Kia Timata Ano (KTA) Trust. This Trust is an independent women’s refuge based here in west Auckland to enable women and their young ones escape and rehabilitate from physical abuse from the ones they should be able to trust the most.. All auction proceeds will be presented to the trust via Delta’s Mad Mouse Challenge fund raising event that I am participating in on the 25th of this month (wow, I better get training !!). You can also help by making a direct contribution to my team here Thanks, Alec
trademe Auctions
- Click here to take you to the auctions I will be running from Saturday evening the 14th of Novemeber on TradeMe.
Where has the year gone?– Alec Blackhall
I notice my last posting here was a while back but it only seems like a couple of weeks, time certainly flies by these days.
wow , just look at silver hitting $29 - to infinity and beyond, I read back over my commentary that I have been posting over the last 5 years, now who is laughing. I would expect to see some major volatility in the market leading up to xmas, do not be disheartened and remember the trend is your friend.. Have a great week
– Alec.
The real gold is silver – Ted Butler and Israel Friedman "The evidence of a wholesale silver shortage continues to build. This is in addition to the current retail shortage. The continuing tightening in the price differentials between the trading months in COMEX futures has continued and become more dramatic.".."Sooner or later the COMEX will close their doors for one reason only – they will be considered as only a paper exchange."..."Hold your silver close to your heart and remember that the real gold is silver. When the price of silver is equal to the price of gold, then think of profit taking. If you don’t have silver, you won’t be able to take profits."...."Read the full story
The Silver Rush Is On – Ted Butler "..Investment demand for silver this year is running at a full 25% of world mine production and over 20% of total production (including recycling). This is a remarkable historical turnabout. For decades, up until a few years ago, there was no net investment demand for silver. It was always reported that investors were dishoarding silver.."Read the full story
Update – Alec Blackhall Hi folks, well it should be an interesting week in relation to the "Fed bailout". It does not appear to be very popular with the mainstream US public. Will it help ? Well, probably not according to over 150 financial analysts. I have just read an update from the weekend negotiation session and it looks as if a partial agreement has been accepted. (This does not mean it has been approved!!) On a lighter side, here is a video link to an Al Jazeera News Channel Utube segment , the guy tells it like it is. I do not think we will see this on any mainstream media; it is humorous and good to send it to anyone that might have doubts of how bad things are going to get over there. American Dollar Total Collapse worth less than toilet paper Also make sure you check out the Karl Denninger video commentaries, this guy really knows his stuff and always places regular updates on his market ticker site.
As for silver, well premiums added to the current comex (crimex) paper spot price are the highest I have ever seen. I have been talking with many in the industry, some the feedback I have been getting is there is plenty of raw silver, this may be still in the ground or sitting at a refinery somewhere, with COMEX silver so low, it is not cost effective for the "holder" to process and move this silver so it is just been trickle fed through the system. In theory when we see higher silver prices, this raw silver will become available and premiums will come down.
If you have emailed me and I have not replied – please do not hesitate to re–email, I am chewing through back log and the amount of spam I get is considerable, time to time, emails may get lost in the noise. Now that daylight savings is here, I will be down Takapuna beach with the kids most evenings as it is just down the end of our street. Have a great week. – Alec.
Wall street and the Fed – Karl Denninger(Update) Here are 3 interesting videos from Karl Denninger that may provide some market insite to what is happening on Wall street. They are all related to the fed bail out and events of lately in the US. Go to the credit news page page
Silver Investors Sucker Punched by Two U.S. Banks – Gene Arensberg "Once the evidence now coming to light reaches the mainstream Wall Street press, just about everyone will likely conclude that silver investors worldwide were just sucker punched by two, very well–funded U.S. banks."Read the full story
The Lessons of a Lifetime – Ted Butler ".. What we just witnessed in the historic sell–off in silver and gold was a crime. That’s not a crybaby complaint. There were no supply or demand developments that could account for the severity of the sell–off. The proof that this sell–off was criminal lies in public data provided in the Commitment of Traders Report (COT) and a basic understanding of how the futures market works.."Read the full story
Silver shortages reported – Alec Blackhall Here are some links below to articles I have been reading to find out what is happening with the silver prices and supply. Take the time to read through to help understand what is happening with the current market manipulation and how it will affect you.
Mystery Solved – James Turk – Gold Money The US Dollar Index closed at 71.87, the lowest close since reaching its record low in April. This index was in the process of breaking down, and in fact it had actually fallen out of its uptrend channel on the following chart. However, rather than continue lower and fall off the edge of the cliff, the Dollar Index suddenly and mysteriously reversed course. It has now risen on 12 of the 17 trading days since reaching that low.... Read the full story here
Rant – Alec Blackhall I have been reading and viewing some of the most ludicrous propaganda in the media lately – It is lunacy to think we are in for a soft landing and all will be ok in a few months. We have barely moved out of first gear. Do the research folks, read the real articles, they can be found if you look. The main stream media will never tell you the full truth. Make sure you read the best quotes for July 08 (link below). Don’t be disheartened by a volatile metals market, August is predicted as a "sell off" month August Silver Swoon – Gene Arensberg But the long term trend is up and manipulation is always happening , re–read Silver has been Exploding for 5 years now – Jason Hommel and have a great week. reg Alec
Silver has been Exploding for 5 years now – Jason Hommel Whenever silver prices take a dip, people lament the delay in the rise in prices and ask me "When will silver prices explode?"
Well, it’s been exploding for 5 years now. In 2003, silver’s low point was $4.15/oz. in the spring. This year, silver is "about" $23. From $5 to $23 over 7 years is an "average" annual gain of a whopping 29%." Read the full article
Numbers and greed without limit – By The Mogambo Guru "..Unbelievably, this looks like they are taking your money and buying silver for you, and then loaning the silver to people who sell it, dumping it on the market, driving the price of silver down, which is the opposite of what you wanted when you bought..." Read the full article
The Bilderbergers: Paper Money & Paper Tigers – Darryl Robert Schoon "..credit based “money” turns into debt on which compounding interest is levied. In this system, time is the enemy as time compounds debts as well as the amount of paper money causing a continual debasing of previously issued currency...." Read the full article
A Hidden Silver Default? – Ted Butler "..I began to notice this pattern of delay in depositing silver into the trust about six to eight months ago. In fact, the pattern became so regular that I could tell, fairly precisely, when and how much silver would be deposited. I did this by observing the price and volume patterns in the trading of SLV shares.....One thing became clear – in obvious conflict with what the prospectus dictated, there were regular periods when the trust did not have all the silver it should have. In other words, SLV had the silver it said it had, but, at times, there should have been more silver than that..." Read the full article
Will the Hunts buy silver again after selling Hunt Petroleum ? – Peter J. Cooper "..This week XTO Energy finally agreed to buy Hunt Petroleum for 4.2 billion after a long legal tussle.....market watchers are bound to wonder if the Hunts are planning to re–enter the silver market which they so dramatically dominated in the 1970s. It was in 1973 that the family first decided to buy precious metals to hedge against inflation, much as many rich investors are doing today...." Read the full article
The Real Speculators – Ted Butler "..Oil prices didn’t jump sharply because many new longs came into the market. They jumped because, at the margin, enough shorts panicked and bought back contracts they previously sold short, to prevent their losses from getting larger..." Read the full article
US Silver Eagles Illegally Rationed – Bix Weir "It has come to my attention that 1oz US Silver Eagle coins are being rationed by the US Mint to 13 authorized dealers and not being made available to the public in adequate amounts" Silver institute article According to US Law: 31USC5112(e) "this action is illegal and I demand that this rationing program end immediately...." Read the full story
Interesting reading – Alec Blackhall I have been reading though various commentary regarding silver manipulation and the feedback from the CFTC... It is getting more apparent that there are shortages in physical silver along with manipulation and price suppression happening. It is just a matter of time before this manipulation is unsustainable, just like the credit bubble. Got silver ?
Keep reading – Alec Blackhall, These three sites are in my top 10 most visited sites. I check them daily for new commentary. You will always find interesting reading here.... 24hour gold , Financial Sense and The Market Oracle
Swap all your Gold for Silver! – Bix Weir "Sell all your gold investments now and buy silver physical silver! ......" Read the full story
Ted Butler, Another Sick New Record
The engineered sell-off of gold and silver by the big commercial shorts continued over the past week. However, there were decidedly mixed results in the dealers attempt to force speculative long liquidation in each market, even though gold declined almost $50 and silver $1.20 in the latest reporting week (ended Tuesday). For positions held as of April 29, the Commitment of Traders Report (COT) indicated a further commercial net short reduction of 14,000 contracts in COMEX gold futures, but no liquidation at all in silver...... Read the full story
Ted Butler, Now and then
The purpose of this article is to help you decide for yourself if silver is still the great investment opportunity I believe it to be. I see some major fundamental differences between silver in 1980 and today. I think it is those differences which should make you want to buy and hold silver more than ever before. In no particular order of importance, let’s consider those differences.
1. There is a lot less world silver inventory today than there was in 1980; billions of ounces less..... Read the full story
Mike Adams : The Coming Financial Collapse of America (and Why Today’s Market Bloodbath is Only a Small Taste of Things to Come...)
The U.S. economy, as any astute financial observer has noted for years, is running on artificial wealth that has been manufactured by the Federal Reserve and swallowed by gullible consumers chasing that pot of gold at the end of the easy money rainbow. An alarmingly large percentage of U.S. economic activity is driven by consumer spending and the taxation of such activities. So when housing prices plummet and consumer bankruptcies start piling up, here’s what we’re going to see next.....Read the full story
Rob Kall : When All You Think You Have to Fix the Economy is A Prime Rate Cut and Tax Rebate.... You Better Think Again
There’s no doubt that Bernanke will lower the rates soon, and probably a few more times. It’s like crack cocaine to the investment world-- a quick fix, big high, but short lasting. It is an act of desperation by a man attributed with a lot of power who really doesn’t have that much power......Read the full story
Crude Oil Tops $100, Closes in on All-Time Record
We are facing very real dangers, and $100 oil is a warning sign our leaders must not ignore. The economic fundamentals say the price will only continue to rise over the long term. Read the rest here
Saxo Banks ?outrageous predictions grim
A UK recession. A 25 per cent drop in the S&P 500 from its 2007 high. China?s stockmarket down 40 per cent. Oil pushing $175 p/b and continued underperformance of G3 currencies. These are Saxo Bank?s outrageous predictions for the year ahead. And if it proves true, economic conditions in 2008 will be grim....Read the full story
The Prudent Investor "Worthless Billions Won’t Solve a Trillions Problem "
Welcome to the inflationist days. Central banks are pouring money in unprecedented amounts into markets reeling from an insolvency crisis that cannot be solved by throwing artificially created bills of credit onto a market while accepting dubious collateral.....After all what is a few hundred billions of Euros for all European banks when only the off-balance risk of the banking sector of tiny Austria reels under 2.1 trillion of derivatives risk while having equity of only 73 billion Euros, according to data compiled by Oesterreichische Nationalbank.....Read about this
Alec Blackhall "CDO’s SIV’s and now TAF’s What is happening in the backrooms? And what is a TAF?"
These little TAFs (Term Auction Facility) as they were promoted in the business news that Ben and the boys have spun up, will enable banks to get short term loans without going to the discount window so the whole world won’t know how screwed for cash they really are. Loans from the discount window are public. These TAF loans are supposed to be fully collateralized but if you read more (read this full commentary) to what constitutes collateral then you will see such little jewels as home mortgage loans and CDO’s count to the tune of 89% of their value. How much did these things fall in a single day last month? How much are they really worth?? About as much as the paper they are printed on.
This tracks closely with the amazing recovery in the US dollar in the last day or so as well. How is all this getting engineered? My guess is that it has something to do with this shady TAF deal that Ben and fed friends slipped through.
The Fed and US Treasury cannot let the precious metals perform their true economic function. In the past three months, the repeat of the first 3rd of December’s performance of the price of gold and silver during the NY COMEX has become so obvious as to be laughable. They no longer make any pretense whatsoever at subtlety in their blatant manipulations... and yet the metals rebound right back up again - over and over. The debt doctors just can’t allow gold to establish a floor over 800 and silver over 15. Or they will lose total control of the whole jerry rigged scam they have created. All they are doing is just throwing more petrol on the fire. Un-fortunately for them, this little ploy will eventually fail, as it has time and time again the past for other currencies. (And they know it - talk about sweat the debt!!) Read the rest here
Alec Blackhall, More hacking How can $12 billion in write offs in the last 2 quarters + shedding 9000 jobs be a positive trend for Citi group ?. Any wise investor can surely see this spin as some analysts say it is "positive sentiment" and it "shows with a stock rebound + a rise in the US dollar along with Gold and silver being hit hard on Friday as investors "flee" these commodities." I now see that the Kitco 24-hour chart, for the very first time shows the "New York Globex" system listed at the bottom. Up until now Globex has been primarily a currency (fiat) trading platform, but has always had the capability for market trading PMs and has been transformed into another useful tool for the doctors as growing PM demand erodes their control of gold and silver. It goes to show that Kitco is deep in the cartel pocket as well and will assist the propaganda any way they can to keep their gold pool from blowing up in their faces. Globex allows instant price spike stomping 24/7, no matter the global market, therefore it is a great tool for the debt doctors whose minions must sit up all night to guard dog the Asian markets against volatility. This will be interesting to watch over the next couple of weeks. The trend will remain on its present course and we all know what way that is. Here is a great read about Why Gold Was Hacked Friday - and How ..... Read the full story So have a great week and do not be disheartened but any volatility and spin doctoring.
Ted Butler, Believing your own eyes
The first thing I see is a current retail investment tightness or shortage in silver for the first time in history. I also see that the US Mint has run out Silver Eagles, for the first time ever, amid record retail demand. I don’t know if this tightness or shortage will continue. I just know it has occurred for the very first time in my, or anyone else’s, lifetime. I don’t know if this retail tightness will lead to a wholesale tightness, but my common sense suggest to me that it easily could..... Read the full story
Ted Butler, Real Regulatory Reform
Record demand, no increase in supply and sharp price sell-offs? Your head should be spinning. That cannot occur in a free market. It can only occur in a rigged or manipulated market. That this is clearly a case of the COMEX futures markets dictating and setting the price to the cash market is as blatant a violation of basic commodity law as is possible. That the regulators at the CFTC and the CME-NYMEX allow it to continue is the greatest regulatory failure in financial history, exceeding even the mortgage debacle, because commodity law is so clear and so few regulators oversee its enforcement. There seems to be a clear divergence between the paper and physical silver markets.........
Read the full story
After reading Butlers commentary, it really does point to fact, I have noticed that premiums have increased proportionally across the board in buying physical silver. The real OTC price has broken away from the COMEX (or should I say CRIMEX ) spot paper price... Delivery times have tripled.
Reg Alec B.
The Silver institute : Our Electrical World Needs Tons of Silver Since the beginning of electricity, silver has been the most effective and safe metal to control and connect it. More than six thousand tons of silver were used worldwide for electrical delivery and control in 2006, according to The Silver Institute’s 2007 World Silver Survey... Read this report
The Great Silver Sell Out Caper. : Richard Daughty, The MOGAMBO GURU
...Before I could say a word to get my stupid two cents in, he went on, "The sharp price plunge in silver last week caused very high demand which overwhelmed the limited supply of real physical metal and resulted in a temporary lack of silver that could be purchased by the public. It became clear that the price of COMEX futures and the SLV ETF only sets the spot price of paper, and influences the prices of silver mining stocks, but it cannot supply the silver needed to meet the high demand for the real thing."...Read the full story
Significance of Silver as an Investment. : David Morgan
In days gone by silver was not an investment it was money, in fact silver passed through more hands in everyday commerce than any other real money including gold. I state real money to distinguish silver money from modern paper money, which has flooded the world “money” supply the past three decades. ...Read the full story
Alec Blackhall, Wham bam - I said it was volatile.. Good Easter weekend to all of you, Is this market manipulated or what?? The US Fed pumping out fiat paper like it is going out of fashion, maybe they will run out of paper just like the USMint ran out of silver blanks. Talking about shortages, I was forwarded Jason Hommels latest commentary titled "Silver Shortage: 19 dealers reported "Sold Out"", some of these are big dealerships with either limited inventory or sold out. With names including Amark, CMI, NWTmint, Ampex and even the Perthmint. Silver is flowing, I know of a first tier warehouse in the US that sold over 1 million silver bullion coins in under a week. The secondary market in any quantity is finished. Delivery time to NZ has gone from 2 to 3 weeks to 7 to 10 weeks.
The Royal Canadian Mint are so depleted, I can’t even pre-order 2008 maples. Existing back orders are at a 8 to 10 week delivery time frame. So why is silver dropping in price ?, short selling, cover selling, manipulation ? Possibly and likely. Maybe this is the last big push before it all turns to custard for cash, it is all happening at once. TPTB may want people to dump silver and gold so they will re-invest in the markets + trying to kick start a dead bear on wall street via lowering cash rates + providing free money to all. Not just first tier banks but all investment sweat shops at the same rate. Time will certainly tell over the next few days. Just remember, don’t get caught up in short term volatility, it means nothing. Physical silver is a buy and hold scenario, when it hits triple digits, it will be bouncing around by tens of dollars. If you are buying silver for quick short term gains, maybe you should re-evaluate, it may not be the investment for you. Silver is a medium to long term investment. I plan to be buying it until I retire; I am currently working on a hypothetical comparison between kiwi saver (low risk track) and buying silver coins and plan to have a graph up in the next few months comparing the two. It should be interesting. So don’t eat too much chocolate, the weather is looking great and I’m looking forward for spending some time with my family over Easter.
Alec Blackhall, It is a volitile market but the long term trend is up Good day all, Well silver and Gold have certainly taken a beating this last week and I notice when it’s down no one wants to say a word and when it’s up it’s like a competition to announce the latest record breaking peak. Don’t be taken back by dips of a dollar or two, The overall trend is up.
Here is a recent post from the Kitco Forum that I found interesting . Titled “Path of Least Resistance: Vertical“ ..There is no other direction for Silver to go but Vertical. The magnetic force is getting stronger and pulling Silver, constantly. Silver has an appointment with $25 and like Alice in Wonderland’s hare, "cant be late". A few months ago, this price action was near impossible, any decent gains would fall back into a montly long correction after 50% retreat. Silver is moving higher .... Read the full story
Ted Butler, Still a great trade The price moves in silver have been dramatic. Volatility looks to be increasing. It is something we must adjust to. After all, prices are 4 to 5 times greater than the lows of several years ago. Volatility should be greater. I’m convinced that one day we will look back to the current volatility as being contained. Everything is relative.... Read the full story
David Morgan, Is Silver the Sleeper? Coming back to forecasting the price of silver, we need to define a methodology. One way is to use what I call the classic, or monetary, ratio. This is based upon a bimetallic standard, which was exercised when both gold and silver were used daily as money. The ratio was fixed between 15-16 to 1. In other words, one ounce of gold bought 16 ounces of silver. If we use our gold price of $2900 derived in last week’s column, and divide by 16, that puts silver at $181.25 per ounce... Read the full story
Ted Butler : Butler Research, The real deal The warning is simply this - if you make, or have made, the decision to buy silver, then make sure you buy or hold real silver in the right form. Make sure you have the real deal and not some pure paper substitute.... Read the full story
James Turk : Gold Money, More Solid Gains for the Precious Metals The past week was a good one for the precious metals... Silver had a great week, making multi-decade highs against the major currencies. In terms of US dollars, it rose 5.4%, and hasn’t been at this price since November 1980. Year-to-date gold has risen 13.2% in terms of US dollars, while silver has climbed a remarkable 21.8%. It now takes 52.4 ounces of silver to purchase one ounce of gold, which is down from 56.4 ounces as of December 31st.... Read the full story
Israel Friedman, Thoughts from Izzy The U.S.Mint sold 2,170,000 silver eagles and only 26,000 gold eagles in the month of January. By my calculation 83 times more silver eagles were sold then gold eagles. This is an enormous difference that shows you how much more interest there is in silver. Investors are starting to understand that silver is a better investment then gold. I congratulate Mr. Butler that by his writing about silver, more and more people are buying physical silver.... Read the full story
Ted Butler, Back to Basics
It’s hard not to get caught up in the daily ebb and flow of short-term news and price movements on an asset as interesting as silver. But, it is important to always remember that a short-term focus can detract from long-term investment success.... Read the full story
James Turk, Silver Is Leading
If silver continues to follow the same pattern from the first pennant. If history continues to repeat, silver will soon exceed $20... Read the full story
Alec Blackhall, Silver and gold going up
Good day, It has been a great start to the year and this must be one of the better summers we have had in Auckland for a while. So what has been happening in the world ? Well one thing is for sure silver and gold are going up, It is that simple.. US fed cuts rates = gold silver go up, Stimulus package = gold silver go up, ECB money trickery = gold silver go up, dollar goes down = gold silver go up. Ben and the boys spit the dummy = gold a silver go up. It is a common theme. The amount of hype I read in media about "market recovery", "bears to bulls", "market bottom", "Diversify out metals and into stocks" . That type of talk is lunacy. You just have to read some of the commentary from 24hour gold , Financial Sense and The Market Oracle...then decide for yourself. Have a great week reg Alec (P.S Valentines Day coming up so do not forget your loved one !!)
Ted Butler, Interveiw with Theodore Bulter Theodore Butler is universally recognized as the world’s leading authority on silver. The following interview took place in late January between Mr. Butler and IRI president, James Cook. This interview reflects the bullish views of Mr. Butler on the future of silver. .. read the interview
Ted Butler, The coming investment boom in silver In summary, I believe we are in the very early stages of a long-term price boom in silver that will be caused by investment demand. The combination of an extremely small and tightly-held existing investment inventory, combined with a large potential investor base, funded with the largest buying power in history, hungry for the next hot investment, and still unaware of the true silver story is the stuff that makes investment dreams. .. read about it here
Alec Blackhall, Caution !! Market volatility ahead The formula : GW Bush plus Ben "B52" Bernake and his boys times Temporary U.S. economic stimulus plan equals A bit of a bumpy ride for the next few days.
The U.S. economy temporary tax cuts and other measures totaling about $150 billion failed to inspire buying, people cannot decide to use their fiat cash for burgers or silver and gold. The next market focus will be on a U.S. Federal Reserve meeting on Jan. 29-30. Even though we are in New Zealand, I find I am always looking at the US market as that has the effect on us all. So at the end of the day, do not be alarmed by the market volatility and remember the trend is our friend. Expect some profit taking and manipulation over the rest of January. The overall long term trend is up.
Zeal_LLC, Silver Set to Outperform Gold - Real Silver Highs 2
Gold is definitely not the only commodity enjoying a very happy new year. The strong global investment demand for precious metals has spilled over into silver as well. Just last week, silver soared above $16 for the first time since January 1981! Silver investors are naturally very excited about this dazzling 27-year high... read about it here
World Silver Survey 2007... Industrial applications usage posted a 6 percent gain to 430 Million oz, recording the fifth consecutive year of growth. The writings on the walls, even though less silver is being use in photography, this surplus is easily being absorbed by industrial needs. Physical silver stock piles above ground have diminished by billions of oz’s in the last 10 to 15 years. Here a link to the World Silver Survey 2007 A Summary analysis of global silver supplies and data on industrial demand for 2006. This annual report is based in part on the analysis of the GFMS database of international trade statistics, company reports data and other public-domain information. But more importantly, it is also based on a series of interviews with the industry’ s main players, carried out every year by the GFMS team of analysts and consultants, which provide the essential data to allow the compilation of reliable estimates for world supply and demand. Published 2007.
Ted Butler, The Best stock in the world Over the years, I have tried to make the case for investing in silver, by comparing it to other commodities, gold and even raw land. I believe those comparisons (all of which favor silver) are as valid as ever. Today, I will try to convince you about the merits of silver by comparing it with common stocks. I will attempt to demonstrate why silver will be a better long-term investment than virtually all common stocks Read the rest here
U.S. $10 TRILLION IN THE RED !!!....................
US Congress is raising the debt limit by $850 billion to $9.815 trillion.($9,815,000,000,000.00). The Senate approved the plan on a 53-42 vote Thursday. The House of Representatives have already signed off on the plan without a direct vote. That is the fifth raise since 2001. The US national debt has been rising by an average of $1.36 billion per day since September of last year. Each US citizen now has a share of nearly $30,000(USD) !!! - The printing presses will be going overtime now - quick open all lines !!. It just goes to show that the NZ dollar isn’t really rising in value as the main stream media and talking head want you to believe but the likely cause is the US dollar demise - just look at the US dollar index - below 80. It was always predicted to be doom from that point. Maybe it is time the NZRB stops using the USD at a peg... Here is another great site that I regularly go to.. IMPLODE-O-METER - A saga of corruption, stupidity, and government complicity - Track the US subprime lending market meltdown here !! - 161 lenders bust since late 2006 It is maybe a taste of what is to come ?
Jason Hommel & Maurice Rosen - "$8000 Silver in 15 Years" "I think silver will head beyond $8000 an oz. in less than 15 years!".. Last year James Turk talked about $8,000 gold. Now, Jason Hommel presents you with a bizarre forecast of $8,000 silver. What is going on here? We will have to read Jason Hommels reasoning to find out,...Read the full story here
Ted Butler - 19th December, 2006 ... "It’s a clear-cut example of price manipulation by the handful of large short sellers" "Butler - The most recent COT showed the big four held more silver net short than ever in N.Y. and Chicago. More than 250 million ounces. This sell-off was not accidental. There’s no question we’re going to go up again. I see these sharp price drops as opportunities. One of these days the shorts will be overrun."
Hi folks,
Well here we are into another year and January has almost passed us by already, I hope you all have had a great Christmas and new year. We had the family get together, it was great to see everyone. It should be an intresting year in 2007. There are so many things happening around the world. Maybe this year we will see the great housing bubble burst, an end to market manipulation, US doller woes .... who knows ? but time will tell.
reg Alec.
Hi folks,
Well I hope you have all completed your Christmas shopping, It is very busy on the streets of Auckland at the moment.
It is hard to believe another year has passed, it has been a great year and I have achieved many of my goals. I have been reading many articles about the so called up and coming "dumping" of the US dollar by China. How much of this is true I cannot say but if it happens it probably will be the end of the US dollar and the introduction of the "Amero" .Canada free press : Debut of the "amero" reg Alec.
