When researching the precious metals, often times things are seldom as they appear on the surface. GATA Secretary and Treasurer – Chris Powell – has said that the true picture of a nations’ gold holdings are, “more closely guarded than their nuclear secrets”.
This has been more-or-less proven true based on the Federal Reserve’s reaction to GATA’s 2009 FOIA request for information concerning...
Monday, 13 December 2010
Wednesday, 17 November 2010
James Turk - $400 Silver by 2013 to 2015
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/11/16_James_Turk_-_$400_Silver_by_2013_to_2015.html
With Comex increasing margin requirements for a second time so quickly, King World News interviewed James Turk today out of Spain. Turk commented, “This may explain why Comex is raising margins a second time so quickly,...
Monday, 15 November 2010
The Day The Silver Suppression Stopped How To Navigate The New Silver Market
The Golden Economizer
November 11, 2010
Tuesday was a landmark day in Silver Metal Trading in the United States. Trading action this day clearly indicates to those attuned to the Silver Market that the long term price manipulators have finally lost control over the price of Silver Futures Contracts on the COMEX, and thus over Physical...
Friday, 12 November 2010
James Turk - Kamikaze Attacks in the Silver Market
With gold and silver in retreat, King World News interviewed James Turk out of Spain. When asked about silver specifically James said, “They are not dislodging physical silver by running the paper market down. In fact the silver market is getting tighter and tighter. That’s why I am perplexed at why they are trying to run...
Tuesday, 9 November 2010
CME Taps the Brakes on Silver
Published: Tuesday, 9 Nov 2010 | 3:50 PM ET
Tapping the brakes on the silver rally, the CME sent a letter to its clearing member firms and others Tuesday raising the amount of margin needed to trade silver futures contracts.
The change will go into effect after the close of business Wednesday, November 10th, 2010. The reason...
Thursday, 4 November 2010
Hagens Berman Sobol Shapiro: JP Morgan and HSBC Face RICO Charges in Silver Futures Class Action Lawsuit
Banks alleged to have used naked short-selling to rig market NEW YORK, Nov. 3, 2010 /PRNewswire/ -- JP Morgan Chase & Co. (NYSE: JPM) and HSBC Securities Inc. (NYSE: HBC) face charges of manipulating the market for silver futures and options in violation of federal commodities and racketeering...
Tuesday, 2 November 2010
Silver investment is breaking records in 2010--Silver Institute 30 year high
Silver investment is breaking records in 2010--Silver InstituteRecent data gathered by the Silver Institute reveals record silver investment, as well as soaring bullion coin demand. Author: Dorothy Kosich
Posted: Tuesday , 02 Nov 2010
RENO -
The Silver Institute noted Monday that silver investment has soared this year with record highs in silver-backed...
Wednesday, 27 October 2010
JPMorgan, HSBC sued for alleged silver conspiracy
JPMorgan, HSBC sued for alleged silver conspiracy By Jonathan StempelNEW YORK | Wed Oct 27, 2010 6:20pm EDT
NEW YORK (Reuters) - JPMorgan Chase & Co and HSBC Holdings Plc were hit with two lawsuits on Wednesday by investors who accused them of conspiring to drive down silver prices, and reaping an estimated hundreds of millions of dollars of illegal profits.
The...
Act Now, CFTC Is Urged
By Susan Pulliam & Carolyn CuiA Commodity Futures Trading Commission regulator is putting pressure on the agency to take action in a high-profile, two-year-old investigation of the silver market.
At a CFTC hearing Tuesday to consider new rules to strengthen its commodity-enforcement powers, commissioner Bart Chilton said market...
Silver Subject to Price Manipulation, Chilton Says
By Asjylyn Loder and Pham-Duy Nguyen - Oct 26, 2010 6:17 PM GMT
As an investigation of the silver market by the top U.S. commodity regulator entered a third year, a member of the Commodity Futures Trading Commission said today there have been “repeated attempts” to influence prices.
“There have been fraudulent...
Wednesday, 20 October 2010
Speculators polish up the price of silver
By Jack Farchy in London
Published: October 20 2010 17:37 | Last updated: October 20 2010 17:37
“Almost anything is better than paper money ... any fool can run a printing press.”
These are not the words of a modern-day gold bug, but attributed to Nelson Bunker Hunt, the billionaire oil baron who went long on silver in the 1970s. So long, in fact, that he and his brother cornered the market,...
Saturday, 16 October 2010
Momentum to propel silver price to new levels.
JOHANNESBURG -
Author: David Levenstein
Posted: Thursday , 14 Oct 2010
In 1980, the price of silver exploded upwards and traded above $50 an ounce. I recall this very clearly because I was trading silver through the London Metals Exchange (LME). In those days, the contract offered by the LME was 10,000 ounces,...
Wednesday, 13 October 2010
Monday, 11 October 2010
Sunday, 3 October 2010
October 2, 2010 - An Unexpected Boost for Silver
By PiercePoints by Dave Forest
I wrote last week about Asia’s love for platinum. This week, it’s looking like there’s a new “hot item” in the East.
Silver.
Open interest in silver on the Tokyo Commodity Exchange has been on a tear. Since last Friday, outstanding contracts have jumped 20%.
It would be tempting to chalk the rising interest...
03 Oct 2010 - Investors see silver lining in economic gloom
By Garry White
Published: 7:00PM BST 03 Oct 2010
Silver prices have risen 31pc in 2010 to a 30-year high, outperforming gold, equities and most base metals. On Tuesday, the gold-silver ratio dropped below 60 for the first time in 11 months. The gold-silver ratio is simply the number of ounces of silver it takes to buy one ounce...
Monday, 20 September 2010
BNP Paribas Buys Physical Silver At $20.58
20th September 2010
News like that would be totally unimaginable even few weeks ago, when price of silver looked ready to go below $17.
But with new buyers of PHYSICAL silver entering this – less than $12 billion market, it’s no wonder why price of silver jumped so high in such short time.
It all started on August 24th 2010 with big German conglomerate buying huge amounts of physical silver and...
Tuesday, 14 September 2010
History Says Silver Is Cheap
“If the price ratio between [gold and silver] were to revert back to it’s historical average, then silver prices would outperform gold by more than 2 to 1. In fact, the physical ratio of silver to gold in the earth’s crust is 16 to 1. During the inflationary 1970’s, the ratio between gold and silver prices was at exactly 16:1…mirroring the proportions in which the two metals occur in nature.”
–The...
Wednesday, 8 September 2010
Thunder Road Report On The Imminent Surge In Silver
I can’t remember a time in my 23 years in the market when there was so much confusion and uncertainty about the outlook. As the monetary catastrophe unfolds gradually, some days things look a little brighter, then the sheer enormity of the problem becomes only too apparent once again. Sentiment keeps flipping between optimism and pessimism, but the debt bubble just gets bigger! Noel Gallagher...
Tuesday, 12 January 2010
Ted Butler Commentary - A MILESTONE MEETING
http://www.investmentrarities.com/ted_butler_comentary01-11-10.shtml
As I indicated in my recent interview on King World News, a very important open hearing has been scheduled by the CFTC for Thursday, Jan. 14, 2010 at 1:00 PM. The holding of an open Commission deliberation and possible vote on a specific issue is a very rare event, one that I don’t recall occurring before (although the Financial...
Monday, 4 January 2010
Silver price predictions – silver prices forecast 2010, 2011
November 9th, 2009http://www.yrth.net/financial-news/silver-price-predictions-silver-prices-forecast-2010-2011
You have to plan ahead to stay ahead. Many sliver price predictions are quite daring. Many insiders forecast silver prices literally going through the roof, soaring in relative terms in the end of 2010 and beginning of 2011, just as they did in the 1970s. Of course, you have heard such prediction...
Saturday, 2 January 2010
As gold price soars, investors turn to silver
With the international price of gold continuing to climb steadily, many Chinese investors are turning to silver. As with any investment decision, however, experts say there are advantages and risks involved.
Although the international gold price has surpassed 1,200 US dollars an ounce, stores selling gold jewelry are still doing a brisk business. However, the higher price of gold has led many investors...
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