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The Most Compelling Argument for Owning Silver You've Ever Heard
• The Market OracleOne of world's top investors says there is no silver left.
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One of world's top investors says there is no silver left.
China is clearly trying to position the yuan or renminbi as the alternative global reserve currency. The Chinese likely realise that they will need to surpass the Federal Reserve’s official, but unaudited, gold holding of 8,133.5 tonnes.
It’s getting harder and harder to continue to brush off Andrew Maguire’s claims as the rantings of a rogue trader with a nutty online following.
Update: $1436.10 an ounce: Gold struck a new record at $1,432.57 an ounce Tuesday as worries spread that the surging price of oil could fuel inflation and dampen economic growth.
Earlier this month, J.P. Morgan made an important announcement that received scant coverage in the media: the bank would now accept gold as collateral for loans.
What we may be witnessing in the Silver market is a "reverse" raid on the CRIMEX. What appears to be a massive short squeeze on our criminal bankers may in fact be a coordinated effort by a disgruntled group of EX-JP Morgan traders, and their hedge
Comex gold futures prices are trading higher Tuesday morning and hit a fresh two-month high... Meantime, Comex silver futures notched a fresh 31-year high overnight.
Entered By: Ed VallejoWhat is true wealth? The Egyptians know...
When it happens, the speed at which capital will move in today’s over-liquefied world will take people’s breath away. Where will it go? This is the global end of normal, first and foremost, it will go into the strategic assets - gold/silver, energy..
The hidden message behind the QE2 chapter, the second of many, is that the USFed is planning to give every working man and woman in the US a big pay cut, so the USEconomy can more capably compete with foreign labor.
1. The Silver Train. Are you onboard? Just about six weeks ago, at the January highs for Silver, the average daily movement for Silver was about 50 cents a day. What is it now? It's 50 cents an hour!
The silver price has bounced 27% since January 28, a huge advance for a measly 16 trading days. It's already soared past its 2010 high and was selling for less than $16 this time last year, a double in 12 months. So, is it pricey? Or should we ignore
Michael Allison - "The War on Cameras" / Jerry Williams - Precious Metals / Drew Phillips & Nick Barnett - In Studio - Wallet Voting
The Coin Silver Calculator app was developed recently to offer real time prices on silver and convert the worth of your coin silver lying around the house into its actual worth according to the spot price.
"There's $22 billion of silver available in the world, of which the ETFs already own half, and between you guys and us we probably own the other half... Which means there's nothing left."
Michael Allison - "The War on Cameras" / Jerry Williams - Precious Metals / Drew Phillips & Nick Barnett - In Studio - Wallet Voting
As part of GATA's ongoing crusade against the Fed's gold price manipulation efforts, the organization recently succeeded in extracting some novel clues on how and why the Fed views its sworn duty as keeping the price of gold low.
It is never pretty when a fraud collapses, and this one in particular is difficult because it seems to encompass those stewards of the market upon whom one generally relies for information and some measure of confidence in the data.
He cited statistics from the United States Mint showing that its issuance of the American Eagle silver bullion coins generated more than $55 million in profit in 2010.
This means the CBs are well on their way to losing the imposed gold standard wars. Look for the USD to take a big step lower shortly as nominal values of everything do the inverse.
China's grab for gold is accelerating at a rapid pace, and it's raising questions about the country's ultimate intentions.
I've been watching for this - the graph says it all! GOT SILVER? (It jumped to $31.73 by the time I finished posting this! - Ed)
Even more important is the significant increase in demand seen in India, China and globally as people buy gold to protect themselves from macroeconomic risk and deepening inflation.
Nick Barnett and Drew Phillips - In Studio - Freedom Law Conference this weekend in California - Silver App
Nick Barnett and Drew Phillips - In Studio - Freedom Law Conference this weekend in California - Silver App
Two Iranian warships planned to sail through the Suez canal en route to Syria on Wednesday, Israel's foreign minister said, calling the move the latest "provocation" by Tehran and hinting at an Israeli response.
Demand for physical and non-physical gold in China is soaring. The Industrial and Commercial Bank of China (ICBC) reportedly sold nearly 7 tons of physical gold in January alone, almost half of what they sold in all of 2010, according to Reuters.
Dear Friend of GATA and Gold (and Silver): With so much of North America frozen solid, there may not be a more prospective place than the Phoenix Resource Investment Conference and Silver Summit next Friday and Saturday, February 18 and 19. In
Heightening suspicion on the part of Beter, and others, was the continued refusal by the Treasury to open the facility for inspection by anyone – including members of Congress.
Made mostly of steel and simply heavily plated with silver, China is making these things by the thousands.