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  • jawz_2020 jawz_2020 Sep 22, 2009 1:22 PM Flag

    Bulli$h Ca$e for $ilver & SLW pt 1

    SILVER HAS MUCH GREATER VOLATILITY THAN GOLD -
    U can see this in the percentage of silver's outperformance over gold

    http://finance.yahoo.com/q/bc?t=5d&s=GLD&l=on&z=m&q=l&c=SLV

    However, PRECISELY BECAUSE OF SILVER'S GREATER VOLATILITY,
    WHEN GOLD BOUNCES AND ACTUALLY BREAKS OUT ABOVE ITS RESISTANCE AT THE MARCH HIGH, SILVER SHOULD BE PROPELLED EVEN HIGHER PERCENTAGE-WISE, JUST AS IT HAS OVER THE PREVIOUS MONTH

    http://finance.yahoo.com/q/bc?s=GLD&t=3m&l=on&z=m&q=l&c=SLV,%5EDJI

    Silver has already out-performed Gold by 3 to 1 viz:

    Silver ha$ Outperformed Gold 3-to-1; Bullion Deficit Loom$

    Silver is in the spotlight at U.S. gold gathering
    http://tinyurl .com/nxbexv

    Quote:
    {"The number one performer this year has been silver.
    Silver has outperformed gold three-to-one . . .
    Gold price has risen some 15 percent this year to around $1,000 an ounce, but silver is up 50 percent.
    "We are seeing the beginnings of a new sustainable global silver market."}

    SILVER SHOULD CONTINUE TO OUTPERFORM GOLD AS THE SILVER TO GOLD PRICE RATIO IS STILL OUT OF WHACK - IE, SILVER STILL HAS A LONG WAY TO GO TO CATCH UP TO THE PRICE OF GOLD

    see chart showing Gold / Silver Ratio imbalance from Zeal LLC:
    http://zealllc .com/c2009/Zeal082109B.gif

    Plus, there are other potent price drivers for Silver, eg:

    1) industrial need for silver in face of silver shortages

    "Can silver withstand a drop in the gold price?
    Fri, 18 Sep 2009 Or will industrial demand come to its support"
    http://tinyurl .com/nmo5un

    "Increasing Silver Demand Comes from Multiple Sources"
    by Jeff Nielson @ Seeking Alpha, 5 May 09 http://tinyurl .com/d5e8ep

    2) China encouraging its population to buy PM

    free report on China causing PM$ to boom (just 1 eg of recent news)
    http://tinyurl .com/llns6c

    3) a possible inventory shortage of silver bullion in several PM bullion banks which do NOT have enough bullion to back all the certificates they have sold retail PM bullion investors who have not taken physical delivery and have instead accepted "paper certificates of ownership"in exchaange for their paper fiat currency. These folks think they have precious metal bullion, but all they REALLY have is PAPER.

    (see links at my other post here, "Silver Inventories Gone!")

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    • part 3

      So, to re-cap, both Bulls AND Bears are calling for Gold to go higher; and because of the price drivers for PMs in general and even more price drivers for for SILVER in particular (the ratio imbalance causing silver to outperform gold 3 to 1; PLU$ industrial demand in face of future silver shortage), SILVER IS THE PLACE TO BE.

      The only thing that will gain percentage-wise greater than silver itself will be the stocks of silver producers, and the nitrox-charged gains to be made by the calls on these stocks, the best of which imho is SILVER WHEAtON (NYSE: SLW)

      Thrs 17 Sept 09 MP3 AUDIO Interview with Silver Wheaton CEO Peter Barnes (NOTE: "MORE DEALS TO COME!") @ King World News:
      http://tinyurl .com/magn7y <<< Please LISTEN to this!!

      THE PRICE OF COPPER INDICATES SILVER MAY HAVE ALREADY BOTTOMED:

      THE OTHER WHITE METAL "A golden age for silver coming?"
      {"Given that the world economy has shown signs of recovery, the downside for silver is diminishing; we are seeing the floor for the metal creeping up. And, while the posibility of a short-term pull pack is possible, de Wet says "The likelihood of silver falling back toward the $13 level is becoming less and less." He adds that this is borne out by the recent moves seen in the copper price."}
      http://tinyurl .com/l2rb4u

      SILVER NEWS @ Mine web:
      http://www.mineweb .com/mineweb/view/mineweb/en/page32

      15 pages of 100 charts on every important INDEX GOLD, SILVER, Funds, etc - MUST SEE! Rok-n-Dan's Awe$ome self-updating MARKET SECTOR CHART$ -
      http://tinyurl .com/cm2bx7

      fini$

      • 2 Replies to jawz_2020
      • "bullion banks’ “silver net short position now stands at 213.6 million ounces…about a third of world silver mining production…all held by ‘four or less’ bullion banks"

        to match its all-time high in inflation-adjusted fiat US Dollars, one ounce of silver would have to go to $1,012 < < <

        Price of Silver Climbing to All Time High of US $1,012

        http://www.dailyreckoning .com.au/price-of-silver/2008/07/29/

        excerpt:

        while I don't know when that will happen, I do have an idea how high the price of silver will go. The historical high for silver was set 531 years ago in 1477, topping at (using the purchasing power of 1998 dollars) a princely $806 an ounce. By comparison, the price of silver less than $19 an ounce today, and was only about $5 an ounce in 1998, after having bottomed at under $4 an ounce in 1992.

        Now, fast-forward to today as our 2008 dollars, which have fallen 50% in purchasing power since 1998, means that the all-time high price of silver, set in 1477, now stands at $1,012 an ounce, measured in the buying power of 2008 dollars! Over a thousand dollars an ounce! For silver! Whee!

        In case you ain't noticed, we're unmistakably coming off the lows of a 530-year bear market in silver and, theoretically, entering a long bull market, which ought to be exciting to people who have a lot riding on silver gaining so much in price (me), or even just keep up with this kind of thing, like, for instance, Israel Friedman, writing at InvestmentRarities.com, who notes that there are 5 billion ounces of gold sitting around someplace in the world, but that there are only 2.5 billion ounces of silver, even though 5 times as much silver is mined every year than gold.

        Therefore, silver is being consumed at prodigious rates, which is why Mr. Friedman says, "Silver is needed to maintain and improve future standards of living. Gold is needed for luxury and emotional reasons. Silver is for the optimist, gold for the pessimist."

        In that optimistic vein, Mr. Friedman says, "I honestly believe that silver must eventually sell for five to ten times what the price of gold may be."

      • Jawz - Thanks for providing so many relevant links. Here's 2 good articles to add to your prodigious list. They are both by Jeff Nielson, presented at Seeking Alpha:

        #1 "Want to Own Silver? Forget About SLV", 9/17/09 at:

        http://seekingalpha+com/article/161973-want-to-own-silver-forget-about-slv

        #2 "Silver Wheaton: The Safe Alternative to SLV", 9/21-09 at:

        http://seekingalpha+com/article/162469-silver-wheaton-the-safe-alternative-to-slv?source=yahoo

        To use these links paste them into the address line of your browser and then replace the "+" with our familiar dot just ahead of "com".

        If you have a problem with this then you can go to SeekingAlpha.com and try to locate the articles there. The second piece is a good promo for SLW.

        . . . GEJ

      • 2 Replies to jawz_2020
      • Bulli$h Ca$e for $ilver & SLW pt 7

        This post gives links documenting the annual silver production deficit, and inventory decicits at 4 major bullion banks, as well as documentation that bullion banks can manipulate prices lower for their benefit (to cover "deficit" bullion "certificate of ownership" obligations (paper IOUs imho no better than US Treasury fiat currency paper IOU$) exceeding their actual bullion inventory.

        I remember buying some previously circulated silver dollars (called "junk" coins by numismatic collectors) in 1997 for $7.00 each, which was then about a $2.50 premium over the price of the bullion.

        Silver has been running an 80 million ounce annual mine production supply deficit for 20 years !

        The deficit was being offset by sale of U.S. Gov't stockpile, which kept the price of silver around $4.50 an ounce . . . until that stockpile was depleted in early 2003.

        Ever $ince 2003, the price of silver has moved up steadily due to the absence of the U.S. Gov't stockpile being sold into the market.

        The amount of that annual deficit is probably even LARGER these days, despite in increase in total bullion excavation & production.

        (Note: cut & paste URL into web address line, then remove the space after the "dot" before "com" in links below)

        Silver Price chart
        http://tinyurl .com/y887weq

        A growing silver bullion DEFICIT - despite increased production - maybe greatly magnified if/when it becomes generally known that the inventories of bullion ALLEDGEDLY on hand are, in actuality, FAR LE$$ than its $uppo$ed to be, or NOT THERE AT ALL!

        "Silver inventories gone!"
        http://tinyurl. com/kkgzmv

        "Who Will Claim Victory?"
        http://tinyurl. com/p5d6x6

        HISTORY PROVES THAT BULLION BANKS ARE MANIPULATING THE BULLON MARKET: http://tinyurl. com/nod9ga

        Bullion Banks Now Net Short 26 Million Ounces of Gold!!!
        http://www.caseyresearch. com/displayGsd.php ^
        09-05-2009 by Ed Steer

        Google Results for
        Bullion Banks Short Massive Amounts (without quotes):
        http://tinyurl. com/kplcsl

        AN EXPLANATION FOR SUDDEN PRICE DIVES, especially those after which the price recovers within 2 or 3 hours

        If Bullion Banks are indeed Short Massive Amount$,
        then be prepared for deep downward spikes taking "stop-loss order tours" to flush out as much liability as possible from the hands of retailinvestors.

        Bullion Banks may well be able to manipulate the PM market LOWER to cover their short positions.

        IMHO, we saw the bullion banks manipulate a decline in prices to cover their shorts, on that huge gapcdown open on Mon 21 SEPT.

        The slow march lower is also shaking many who donot use stop loss orders.

        Longs:
        Please indicate your support of SLW by giving all these "Bulli$h Ca$e for $ilver & SLW" posts a
        * * * * * FIVE $TAR * * * * * approval rating

        so that newbies will know there is valuable research in this htread. THANK YOU for your supporting your investment!

      • ime-mod@sbcglobal.net ime-mod Sep 22, 2009 1:32 PM Flag

        You're preaching to the quire here, you know

 
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