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The Silver Analyst

 
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  • SLV: Is It Solvent? [View article]
    Thanks for the link. Well, I don't own any ETFs - just in hand bullion and mining shares. So an ETF failure would be to my advantage though I don't think it will happen.


    On Aug 05 11:39 AM ryshay2 wrote:

    > SA's own Tyler Durden published original research into the serial
    > #s, weights of the silver bars in both SLV and the London ETFS funds.
    >
    >
    > www.zerohedge.com/site...
    >
    >
    > Among his troubling findings were 80 bars with identical weights,
    > serial #s, and manufacturers, listed in both the SLV and ETFS, which
    > are supposedly warehoused in separate locations.
    >
    > Things that make you go, hmmm....
    >
    > 80 bars is too much for normal errors and ommissions in accounting.
    >
    >
    > Where there's smoke, there's fire.
    Aug 5, 2009. 11:55 AM | 1 Like Like |Link to Comment
  • Silver Market Fundamentals Distorted by Bullion ETFs [View article]
    Yes, wonder why the numbers are exactly the same but not surprised that they are the same in general - silver demand from industry and jewellery goes down in a recession but it has been balanced by investor demand. However, photography is the swing point here with a massive 20% drop. Not sure how much of recession demand destruction is baked into that 20%.

    I see no reason why the ETFs don't hold the bars. Barclays published a bar list recently.
    Jun 1, 2009. 09:38 AM | 1 Like Like |Link to Comment
  • The Myth of Gold Confiscation [View article]
    Looks like some of you guys misread my 5 ounce subplot. I am not saying you get to keep only 5oz under a presumed new confiscation, who knows what will happen. But the allocation was 5oz PER PERSON, be it your wife, kids, granny, etc. All depends how much you trust your extended family.

    Besides, what's the gripe? If the government goes back to a gold standard and calls in gold to back up the dollar - isn't that what many gold holders want - so called honest money? Would some of you sacrifice your gold stash for what you in principle have wanted the government to do for years? If you can redeem your dollars for X oz of gold, what's the problem?

    Not that I think a gold standard would work ...
    May 29, 2009. 02:13 PM | 1 Like Like |Link to Comment
  • Revisiting the Weimar Gold and Silver Ratio [View article]
    You know, I wonder why people buy silver and gold if they believe it is manipulated? It's a sure fire way to lose money by betting against the government. The definition of a conspiracy is that it is done in the dark beyond the public gaze. A few banks publicly shorting silver in extremis is not something done in the dark. More like investment banks knowing silver's propensity to spike up and down at great profit to those who can read the runes.

    Perhaps a clue to silver's price behaviour is more to be gleaned by its high correlation to other metals. You know ... they all go up and down together. Now don't start claiming copper or lead are manipulated as well!

    Mar 4, 2009. 04:51 PM | 1 Like Like |Link to Comment
  • A Fresh Look at the Gold / Silver Ratio [View article]
    Gold and silver do not diverge much at all except in rare cases such as when Warren Buffett bought a mountain of silver but no gold.

    Clearly, the GSR can move in silver's favour but silver drops in price which means that silver is outperforming gold on a downturn which is not likely since silver tends to move down faster than gold (as we have seen multiple times).

    So, typically a dropping GSR (bullish for silver) is more likely when silver is rising in price faster than gold.
    Feb 3, 2009. 09:56 AM | 1 Like Like |Link to Comment
  • The Death of Gold? [View article]
    ""Look for a new "death of equities" headline, combined with your friend TELLING you to buy gold & silver (not asking, but telling), and advising you to buy some hot silver/gold mines which surely can only go up...that would be the top."

    Did that even happen at the height of the 1970s bull? I doubt it.

    Apr 23, 2008. 04:15 AM | 1 Like Like |Link to Comment
  • Silver Now Outperforming Gold [View article]
    EE, I have read Butler extensively. No need to check out the top shorts. The net commercial short position which Butler USES as proof of a manipulation clearly declined months before the last spike in 2006. The top shorts may have tried to maintain their big short positions (proof?) but they were fighting against a tide of short covering.
    Feb 28, 2008. 12:18 PM | 1 Like Like |Link to Comment
  • Silver Now Outperforming Gold [View article]
    Also remember the 16:1 ratio wa a government decree for centuries. Since WWII, 16:1 has only been touched twice.
    Feb 28, 2008. 10:54 AM | 1 Like Like |Link to Comment
  • Silver Now Outperforming Gold [View article]
    Look at the charts for 2004 and 2006, run ups in silver cannot be sustained for anything but months! Don't hang onto the talismans of 1980, it is not written in the skies that silver MUST beat $50!

    Feb 28, 2008. 10:50 AM | 1 Like Like |Link to Comment
  • Value of Gold Over the Ages [View article]
    "Just look at the performance of gold during our last deflation in the Great Depression"

    Gold did nothing until 1933 - it was fixed by government decree at $20 per ounce. Roosevelt then inflated the money supply and gold was refixed to $35 in a day! Pity no one could profit from it since he simultaneously banned private ownership of gold.
    Jan 7, 2008. 11:32 AM | 1 Like Like |Link to Comment
  • Value of Gold Over the Ages [View article]
    I think it was on the Daily Telegraph on a recent GATA email. Don't know where they got it from.
    Jan 7, 2008. 10:31 AM | 1 Like Like |Link to Comment
  • Robert Kiyosaki Is Wrong On Silver (ETF: SLV) [View article]
    Market Participant obviously is not familiar with the silver market else he would not make the strange comment about diminishing photography use.

    If he knew that most silver emulsion is recovered from processed film and fed back into the market, he would not have even thought about making such a comment.

    In other words, drop film demand and you drop silver scrap supply. It's almost a zero sum game.

    As for the US dollar, has he not compared charts of gold versus the dollar recently? Gold is negatively correlated to the US dollar to a very good degree. Neither do you just buy foreign currencies because gold offers more leverage against the dollar than the euro or yen. Same argument applies to silver.

    Are there commodity and paper cycles? That's down to your own beliefs. I like the 55 year interest rate cycle typified by the Kondratieff Wave. It ended early this decade and presages increasingly higher interests for the next two to three decades. Increasing nominal (and hence real) interest rates is bullish for silver.

    Finally, we are told to avoid silver because it is not income producing. Do I care, so long as it is rising more than inflation? Return on investment trumps yield any day.

    Ignore the all or nothing approach to investment and put a little bit of precious metals in your portfolio.
    Sep 25, 2006. 09:09 AM | 1 Like Like |Link to Comment
  • Unemployment Figures Confirm Renewed Precious Metals Bull Market [View article]
    Well, unemployment went down and silver went higher as predicted - much higher.

    Nice to get it right.
    Aug 15, 2011. 08:59 AM | Likes Like |Link to Comment
  • Silver topping out? [View instapost]

    If I recall it hit $52 intraday on the Chicago CBOT futures on 21st January 1980.


    On Oct 19 01:52 PM modern pragmatist wrote:

    > Is it correct that back in 1980 silver hit $40 and ounce?
    Oct 19, 2009. 03:14 PM | Likes Like |Link to Comment
  • Seeking Silver's Unique Fundamental [View article]

    100 years is 2 million tons of silver underground. Not even the USGS uneconomic resource base comes close to that and their study is meant to cover all deposits.

    Where did you get your numbers from?


    On Sep 27 09:43 AM secmaven wrote:

    > If we add the silver reserves associated with copper, gold, nickel,
    > etc. mining to the straight silver mines we will find that there
    > is enough silver still in the ground to support current production
    > for 100 years. Add to this the vast stores of silver above ground
    > in the form of obsolete coinage that has not been melted such as
    > the hordes sitting in India and the realization hits home...the world
    > is awash in silver.
    Sep 29, 2009. 05:01 AM | Likes Like |Link to Comment
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