The Silver Bears Are Back For Part 7

Everyone's favorite cartoon is back after the silver bears make yet another return appearance, this time number 7, in which more than anything,zt is made clear that the name of Blythe Masters will live in infamy long after she no longer has anything to do with the price of silver, and, allegedly, its ongoing suppression.

Gold And Silver: We Were Right – They Were Wrong

by Brandon Smith of Alt Market

Only now, after three years of roller coaster markets, epic debates, and gnashing of teeth, are mainstream financial pundits finally starting to get it. At least some of them, anyway. Precious metals have continued to perform relentlessly since 2008, crushing all naysayer predictions and defying all the musings of so called “experts”, while at the same time maintaining and protecting the investment savings of those people smart enough to jump on the train while prices were at historic lows (historic as in ‘the past 5000 years’).  

China Becomes World’s Larest Gold Buyer - Buys 93.5 Tonnes Of Gold Coins / Bars in Q1 - Gold Ownership Rising From Minuscule Levels

from Goldcore.com

Gold and silver are higher again today with the debt laden dollar, euro and yen all being sold. News that China has become the world’s largest buyer of gold bullion and has seen investment demand double continues to reverberate in the markets and may have contributed to this morning’s strength.

Both gold and silver are marginally higher for the week and after last week’s gain appear to have regained their poise and are consolidating after the recent sell off.

Inflation Is Already Here

by Brad Schaeffer

The recent correction in the commodities markets may be providing Bernake, Geithner and their easy money acolytes with a sense of relief given the relentless run up in prices of raw materials since the announcement of QE back in 2008, but they should not sleep tight just yet.  As anyone in the markets will tell you, when any underlying commodity has a price move so vertical in its trajectory it’s bound to face a correction as the smart money, having gotten in for fundamental reasons much earlier along the trend line now wait for the panic buyers or the Johnny-come-lately’s to give the rally that last unsustainable spike to unload their longs and leave the suckers holding $40.00 silver in their purses.

How Far Does Silver Fall?

by: Jeff Clark - financialsense.com

With silver dropping roughly 19% in the last three days, a correction is clearly under way. Let's take a quick look at how far it might drop.

I've updated the "corrections" chart, which shows all major pullbacks in silver since our bull market began in 2001. The data measure any clearly visible drop in price greater than 10%, regardless of time length. As you'll see, some drops occurred over short periods of time, while others were prolonged.

Silver Sell-Off, Record Low T-Bill Rates And Inflation

Peter Schiff discusses the important issues within our economy in his weekly video blog. Peter Schiff is the CEO of Euro Pacific Capital. In the first segment of this video Peter addresses the recent sell of in the silver market. This is important information for anyone who is loosing sleep over their silver investment.

Where Were You On Super Bowl Weekend?

compliments of: tfmetalsreport.com


I was in Vegas with my friend, Sweetness. He and I gambled too much. Drank too much gin and played a little golf.

Where were you? Did you watch the game? Perhaps you had a party? Maybe you're not an american football fan so you spent the weekend relaxing and catching up. Either way, like me, you had no way of knowing what was going on behind the scenes.

My next question is: Where was Ben Bernanke? Where was Tim Geithner? Where were the rest of the Fed governors and the heads of the TBTF banks? We may never know, though history one day may record their actions for posterity.

How To Buy Gas For $0.25 Per Gallon

by: Chip Wood

Some neighbors and I were reminiscing recently about "the good old days" when the talk turned to how cheap things were back then. I immediately concurred. I told them of the very first credit card I got for one of the gas-station chains. Back then gasoline cost less than 25 cents a gallon.

And then I said something that stopped them cold: "Do you know that you can still buy gasoline for 25 cents a gallon?" They were all certain that there was a trick to my question … and there is.


My claim is absolutely, totally, 100% true – if you pay with a quarter that was minted prior to 1965.

We've written many times before about how much we like "junk silver" coins – the dimes, quarters, and half-dollars the U.S. Mint produced prior to 1965. These coins are 90% pure silver. A $1000 face value bag of them contains 712 ounces of the metal.

Short Sellers Now Screaming About a Buy Side Silver Conspiracy

article by: Avery Goodman

It was only a matter of time. Now the talk of silver price conspiracies has shifted from long buyers to those on the other side of the fence. On April 21st, the historically anti-precious metals editorial staff of the London Financial Times ran an article titled "Silver Surge Prompts Conspiracy Theorists". Meanwhile, order was reestablished among the short side conspirators once the COMEX trading floor opened on Monday morning.

After silver prices had temporarily risen to over $49 per ounce during Asian trading, they were beaten down again to about $47 in a flood of newly opened short positions. From this return to discipline within the bullion bank ranks, we can assume that the Federal Reserve probably will temporarily halt QE-2 at the end of June or before.

$50 Silver - The Price Point Of Liberty

article by: Jack Mullen

$50 dollar silver is the first sign of blue sky after a devastating storm. It's the morning after sunshine bringing people out of hiding and together again for the process of rebuilding with the promise of a new start.

$45 And Heading North.........

by: Craig Hasten

Silver continues its steady march upward as it slices through the $45 mark without a sign of slowing down.

I can't help but sit back with a smile on my face as I think about how 9 monthes ago I was mocked when I preached to everyone I knew to buy physical silver (back then it was $17.00/oz). All I will say to those people is that if you had listened to me you would have a 160% return on your investment right now.

So how is that 401K treating you these days?

Fed’s Printing Press Likely To Boost Bullion Through June

Gold charged out of the gates Monday with a new nominal high of $1,478 on concerns about Japan, Libya, and European debt, followed by expected profit taking. Prices Thursday hit $1,475, aided by bad U.S. jobs data, inflationary signs, and predictions the Federal Reserve will finish its quantitative-easing plan. “The debate over an early end to QE2 is finally subsiding, with the chances of an early end rapidly diminishing,” said HSBC analyst James Steel.

Silver Markets: More JPMorgan Chase Shenanigans

article by: Patrick A. Heller


At the beginning of 2011, I made a short term forecast that the price of silver would at least reach $38 by the end of March and that gold would reach $1,600.

During intraday trading on March 24, the price of silver on the COMEX reached as high as $38.17.

Peter Schiff Weighs In On The Liberty Dollar Case

Last week Peter Schiff , CEO of Euro Pacific Capital appeared on Fox Business/Freedom Watch to discuss the Liberty Dollar case. This is a great video to watch as Peter Schiff explains the real reason why the government arrested Bernard von NotHaus and it wasn't for counterfeiting as they would have you believe. 

The Truth About Silver and Inflation

Silver futures surged today to a new 31-year high of $42.80 per ounce. Silver is up 146% since NIA declared silver the best investment for the next decade on December 11th, 2009, at $17.40 per ounce. All we need is for silver to rise by another 15.5% and silver will reach its all time high set in 1980 of $49.45 per ounce.

Goodbye $42...

Silver is now trading at $42.10: the highest price since 1981, and ever closer to the all time Hunt Brother high, which is now just over $8 away. At this rate, and if Bolivia indeed nationalizes its silver mines, we give it a month for a new all time notional high in the metal.


http://www.zerohedge.com/article/goodbye-42

Money Problems That Never Seem To End: 25 Reasons To Be Absolutely Disgusted With The U.S. Economy

It seems like wherever you turn there is bad news for the U.S. economy.  Unemployment is rampant, the cost of gasoline is going up, the cost of food is going up and American families are getting poorer.  Millions of jobs continue to leave the country and everyone is wondering why it seems like the "American Dream" is dying.  American consumers are absolutely swamped with staggering levels of credit card debt, student loan debt and mortgage debt and each year the consumer debt crisis only seems to get worse.  For millions of American families the money problems never seem to end.  Meanwhile, our politicians are doing next to nothing to fix our horrific national debt problem.  So yes, there are a whole lot of reasons to be absolutely disgusted with the U.S. economy.  We are living in the greatest debt bubble in the history of the world, and anyone with half a brain can see that we are heading for complete and total disaster.

Thanks To The Patriot Act, Minting Gold And Silver Coins Is Now Domestic Terrorism

article by: Craig Hasten

Yesterday we posted an article about a 67 year old man by the name of Bernard von NotHaus who was arrested in 2007 for minting "Liberty Dollar" gold and silver coins. NotHaus made no attempt to "counterfeit" legal US tender, as his goal was to offer Americans an alternative form of currency, not reproduce what is fast becoming a worthless fiat. NotHaus, like many Americans, was simply tired of the US Dollar (which has been devalued by over 95% since the creation of the Federal Reserve System in 1913).

Gold, Silver and Oil Are All Skyrocketing And This Is Bad News For The US Economy

The following is one statement that you should get used to seeing: "The price of gold set another record today."  Today, spot gold reached a new all-time record of $1461.91 an ounce before settling back a little bit.  Silver is also skyrocketing.  At one point today silver hit $39.75 an ounce.  It seems inevitable that at some point we are going to be talking about $50 silver.  The price of oil is also continuing to relentlessly march upwards.  At last check U.S. oil was at about $108 a barrel.  All of this is great news for those that are investing in gold, silver and oil, but all of this is also really bad news for the U.S. economy.  Why?  Well, because when these commodities go up in price it is a sign that the U.S. dollar is dying and that our country is getting closer to economic collapse.

The Federal Reserve Must Implement QE3

April 6, 2011

Gold prices surged today to a new all time high of $1,463.70 per ounce, while silver prices soared to a new 31-year high of $39.785 per ounce. Silver is now up 129% since NIA declared silver the best investment for the next decade on December 11th, 2009, at $17.40 per ounce. The gold/silver ratio is now down to 37, compared to a gold/silver ratio of 66 when NIA declared silver the best investment for the next decade. This means that not only is silver up 129% in terms of dollars since December 11th, 2009, but silver has also increased in purchasing power by 1.78X in terms of gold.