silverslut

Will Silver Shine Like Gold in 2010?

Dear Chris,

Gold is more rare than silver is a known fact. Just like the government and the FED are your good friends is a known fact. It is not too late to try thinking instead of believing. Silver is much, much rarer than gold in investment grade form. It has all been used up except for a relatively small amount.

Will Silver Shine Like Gold in 2010?

Why do writers like James cover a subject that they know so little about and then talk as if they did? Every claim that he makes is wrong. Industrial uses and demand are growing. Supply has shrunken to almost zip. Investment demand is growing fast, with no end in sight. There has never, possibly in all of history, been an investment with the current potential of silver. The important number, is how much silver is available for investment. Compare that with how much paper money there is. Then consider that paper money is losing confidence fast. Then think about how poorly every paper investment has done against silver for the last 9 years and how people are finally just beginning to notice. If even a nickel out of every $1000 dove into silver, then the price would go to a thousand FRN's Don't believe me I'll bet. Do some checking and you will see for yourself. Keep listening to James and his ilk, and you will watch this happen from the sidelines. Dabble in options and your counter party risk is higher than the famous anatomical features on a giraffe. Buy real silver and learn the true meaning of the term tax shelter. You can also sleep soundly, assured that you would wake up and grin while hearing about bank holidays and market closures. It is a new ballgame and you really don't want to be playing in the paper markets with more than a small fraction of your assets. Silver is the most strategic of all metals and there is a shortage, which is hidden with every tool at the powers that be's disposal. That silver in India and China is not available for investment and wouldn't be for years even if they did sell. They aren't traders, they are owners. Furthermore, they are buyers. What else is silly? How about the reality that there is less than 1/20 of the actual metal and less than 1/100 of the monetary value of the investment silver that was available at the Hunt Brothers time. When the utterly obvious fact of the silver shortage becomes clear to even a small fraction of investors, the price will still be accelerating as it passes the moon. Silver is an option that won't expire until you are really happy.

Silver Trade Is Better than Gold

Anyone who will take the time to actually research the fundamentals on silver will quickly wonder why it is so dang cheap. It is much much rarer than gold, much much more useful and needed in the modern world. The answer is that it is a tiny market and since it is one of the canary's in the the money mine, the price has been held down using paper metal. Since the first law of economics states that the cure for low prices, is low prices, it is obvious that the market has not been setting the price for silver, but it will. One day soon, it will be revealed to one and all that silver is in a very serious shortage. When more than 1 in 1000 wake up to the realization that silver is a better investment than gold, the price will start shooting up. Then it will attract even more attention and all of a sudden industry will find that there is no silver for them at anything near today's price. Then you will see silver prices going up $10/day, then $20/day. The next law to attend to states that for every action there is an equal and opposite reaction. Since the price has been too low, for too long, it will soon be too high. How High? It will easily top $500. It could top $1500.

Why Silver’s Breakout Could Bring It Out of Gold’s Shadow

TTolstoy wrote:
I also do not understand how anyone can compare silver reaching $50 per ounce in 1980, when it was being manipulated by the Hunt brothers consortium, to where it will go today. The $50 per ounce number has absolutely no relation to gold's $850. Gold got there on its own. Silver got to $50 on the back of intense long manipulations.
Yeah, back then there was 20 times more silver, 1/3 the people and 1/20 the money supply. Then too, paper money was a lot more real and accepted. Today the price will go to at least $500/oz. You are one smart dude. Please go post on a subject where you aren't clueless. I have no idea where that might be.

Gold's Dueling Parabolas

The FRN, or counterfeit dollar, is still loosing value, even when measured against other fiat currencies that are themselves depreciating. The only real money that stores value in this modern world are the PM's. The Gold market is tiny compared to the size of modern currency flows. The Silver market is 100th the size of Gold. The trend for 9 years running is to turn to real money. Meanwhile, unbacked currencies are just starting to be recognized as the risky vehicles that they are. This clearly indicates that the trend into PM's is still in it's early stages. Gold at $10,000 and Silver at $1,000 is already baked into the cake. Meanwhile, our monetary and congressional authorities are working like fools to drive the future prices of PM's even higher. If you really look at the history of PM's and fiat currencies, you will conclude, that your whole portfolio is only safe when in PM. If you want to be considered an investing wizard for the rest of your life, then buy lot's of real silver and stocks.

Silver Prices Are About to Fall

Thanks to all of you who have spoken here to call this man a fool, as he most certainly is. Just as a homeowner has an increasing need to have backup for when the power grid goes down, savers and investors need silver for when the financial grid goes down. Long Gold and Short Silver. Clearly, this man is a genius.

Richard Gray on the Two Real Drivers Behind Gold Price

I think Mr. Grey demonstrated beyond question of a doubt, with his $1100 to $1200 forecast, that he is intelligence challenged. $4,000 is a low estimate for Gold in the next 5 years. Just minimal study of history reveals this. As for Silver, it's high in 80, adjusted for inflation, is $250. Since then it has been mostly used up. At that time there was 15 times more of it and 60% less people. A minimal price for Silver is $500 and $2000 is not beyond possibility.

Silver Unmasked

Well written article. The major change in the silver equation relates to investment demand. Specifically demand due to loss of confidence in fiat currencies. Sooner or later, silver will be the best performing substitute for paper. Then the whales will find it difficult to jump into the thimble sized pool of the silver market. Those who buy silver now may discover that this is the best moment yet for the whole bull market to date. There are increasing signs that the physical market is about to expose the fraudulent paper market for silver. After 9 years of study, my guess is that a minimum target for silver is $500/oz. Someday soon, your readers will think you are a genius.

Recession Is Over; Depression Has Just Begun

Edward, This article is the first of yours that I have read. You covered many bases and managed to tie many things together. Even so, you failed to touch on the prime factor beneath all the problems. That would be the corruption which underlies it all. What has been going on here, in what is considered to be the bastion of the free world, is rampant corruption. The money power, which was stolen by the fed's hidden owners in 1913, has been used to screw not only americans, but the whole world. When money goes bad, it begins to take general attitudes with it. Things have gotten so bad and the whole money idea has gotten so corrupt, that crime is just ignored, since everyone is doing it. All the problems that you write about, stem from the corrupting of the money power. That is the root. You can trim up the blooms, until the cows come home, but if you leave the roots, it will all come back just like Oregon Blackberries. The best solution to our current problems would be to take Greenspan, Bernake & Geitner and hang them in public. Wait, burning at the stake would play better on TV. Then backtrack them and start in on the banksters that are on their call lists. Keep this process up until the whole world is clear on the whole concept of fiduciary responsibility. What about the rule of law? Well, these guys have been killing elders and children and it has been tradition in this courntry, to bypass the courts and just hang the bastards. In just a few months you could turn the whole ship and get it headed towards port.

How Will Lease Recalls Impact Gold's Price?

We are in the final stages of a classic fiat currency collapse. This time it is the world reserve currency. Where will money flee to protect itself? To Gold & Silver. Silver is extremely undervalued and in a hidden shortage. It is also a tiny market. If you can't figure out which is a better investment, then you should not be investing at all.   When considering such a choice, never forget the sign over the bar: 
FREE BEER TOMORROW

The Worst Case Scenario (Someone Has to Say It)

It is clear that many of you readers were not ready for Jake. Fact is, his is not the worst case scenario, not even close. The world financial system is so far out of reality, that there could be a complete collapse tomorrow. The world is now so inter-linked, that this collapse would bring all trade to a halt. Banks would all fail and all that paper money that people think is real would just be gone. That would mean instant shortages and instant loss of the rules of law. Never before has the whole world been deluded into thinking that paper is money. Paper money has a 100% failure rate. The dollar and credit markets are a giant ponzi scheme and their failure has been 100% predictable, by definition. Jakes forecast would occur in a matter of months. In the past, this kind of collapse had only a very very small chance of happening. Now it will happen for certain. The only question is the form and time it will take. I am sorry to be the bearer of such news. You can go down with the ship, or you can try and find a refuge. That will be very hard to do and will only work if you find a place that doesn't require food or energy supplies.

Own Gold? Time to Fold

I would not call myself a gold bug. People might fool themselves into thinking that I fit some cubical in their small minds. As my blog name shows, I am a silverslut. What is that? For starters, it is someone who knows what a cycle is. All the verbiage in these comments, is just so much fog on the main cycle. The author sure tries to convince me that he is an anus. He seems unaware that fiat money has a perfect track record of failure and follows an easily predictable pattern as it cycles. He will greatly regret what he wrote here and what he thinks he understands. Those curious people who are still wondering what a Silverslut is, will soon be shown by unfolding history, that it is a person who can spot the next Microsoft, but who likes privacy and hates big government.

My Economic Plan

Anyone who thinks that the Fed is not a problem, has no idea how the world works. Furthermore, such extremely ignorant people are themselves part of the problem. My advice to them, is to immediately suspect everything they think they know, since it is obvious that they are gullible. At the very least, they should read "THE CREATURE FROM JEKYL ISLAND, before they say another word on a subject on which they know nothing. It is unfortunate that they are gullible and ignorant. I hope that I don't need to add stupid to the list.

Investors Withdraw $40 Billion From Hedge Funds in October

The big question that is the key to the whole market these days, is when will the hedge fund deleveraging come to an end? When will it slow, and when will it stop. Does anybody have access to data that answers these questions?

Why This Isn't Financial Armageddon

The danger is in opening your mouth and showing your stupidity. In my case I am talking like a ventriloquist so that you don't know it is me. This author is so foolish that he can't understand how his story is proof that the Armageddon is coming. All along our financial "leaders" have denied that there are economic laws, such as you cannot borrow your way to prosperity unless that borrowing is used productively. Fiat money is also a dream that has failed with a perfect .000 batting average. Supposedly intelligent people have been denying economic reality for a long time. That doesn't mean that they were right, what it means is that the period of rebalancing will take a long time.