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Silver Prices Are About to Fall

You are ignoring the huge illegal short position of the few concentrated banks which may be just JPM. The move to correct illegal futures manipulations by the SEC could release info at any time that would extend silver & gold much higher. However, the right thing to do would collapse JPM and the treasury will try to prevent that. So only 1/2 way measures will likely be done, but silver is primed for a surprise up move at any time. You guessed it, I follow Ted Butler. You can read him at investmenrarities.com The silver spot trade has been a $16-$18 range and I figure a pop to $18-$20 is the next range before the big bang up. If silver drops as you think, and your points are valid, it is a buying opportunity that won't last long.

Gold Bug Feeding Frenzy

GLD has been shorted.....so where are all those imaginary ounces?

The Case for Dumping Dollars, Buying Gold

That is why silver is better than gold by far. Go to investmentrarities.com and read Butler and others stating the case. Its better than any story on TV and you can save your cookies plus increase your wealth instead of just maintain it with gold. Hi HO silver. If you are not in resources you will soon be on food stamps as the $ is probably going to lose at least 70% more from here and then be replaced 1000 for 1 Amero or such. The USA is cooked because Bush & Obama didn't understand the big crooked banks should have failed. We would actually then be recovering now instead of ready to fall over another higher cliff.

Has Silver's Outperformance Reversed?

The uses for silver are growing, its market is much, much smaller than gold, silver is rare as industry uses it up, all the gold ever found is mostly still available, when just a few gold bugs realize silver is the better choice and switch and take delivery of the physical so industry can't find enough to keep plants open the race to $100/oz will begin. I'm guessing that will end the long term illegal gold/silver futures manipulations, cause all sorts of paper promises defaults and silver way beyond $100/oz will result. 2010 will be exciting for physical holders and junior silver stocks that have just started to mine and prove additional assets.

Why Gold Prices Didn't Really Rise Last Week

Yep, good job.... Manipulation is the cause and more so with silver. But it goes on with most all the futures. Who does it and why is it allowed is explained by Ted Butler who studies the silver & gold markets. Then, what can we do to make these markets fair for the actual producers & users. I sent the following to others hoping to spread an idea.......I have written to the SEC, CFTC, TREASURY, SENATE, & CONGRESS about requiring product deliveries to and from on futures contracts beyond 10 or 20 to avoid long and short manipulations. Naked short positions in any market, penny stocks thru futures hurt the many and the markets themselves for benefit of the rich who are never satisfied. I just read the smart guys like Butler, Hommel, Sinclair etc and wish others would study their logic and spread the word in time to help save our country which is close to going belly up! If new rules are not in place soon, can you imagine how high the speculators will move crude oil once folks see the global economy show signs of improvement? $200+/BBL... But, if the big money, hedges or banks can't take or provide delivery of the messy stuff ......................... manipulation should be limited. I hope. SEE ( butlerresearch.com ) Currently the big money knows how technical charting works so they move the market to rape the small money over & over again. They have the co-operation of the regulators & treasury to manipulate the Dollar and whatever key commodity they feel important at the time. Anyone thinking we are in a free market democracy is flat out wrong! China is playing the game to acquire raw material assets on the cheap and when finished will destroy the Dollar, expose the manipulations, to show how crooked the futures are. Then replace our markets with their own golbal futures market. So, if we want a chance to control market regulations we must clean up the sham ASAP. In the mean time folks, take delivery, reduce holdings in GLD, SLV and futures contracts before defaults set in. For most of you, smarter than I, we better figure something out to make the physical market lead the paper market instead of the paper market manipulating the physical. Supply/demand must rule not big money and goverment greed. Any body in position to add strength to GATA, Butler, etc? I hope so!

Gold: How the Market Has Changed

The 2 Banks are secret according to CFTC rules But probably J P Morgan is one. Go to butlerresearch.com for the expert following this story for years.

Silver Surges but Remains Undervalued Compared to Gold

The military uses colloidal silver in burn units to prevent infection. Get this ,the EPA wants to label Colloial Silver as a pesticide so you can't have access to it. I have my own micro particle colloidal silver generator to make my own CS cheaply and use it instead of flu shots and other inocculations. This is why the drug industry wants to ban it thru its control of the FDA, EPA, FTC, etc. Go to thesilveredge.com and learn!

If This Comes True, You'll Be Glad You Own Gold & Silver

Did you forget about silver so quick? Try butlerresearch. com & silverstockreport.com

Gold's Golden Run All Set to Continue

Right on.. but silver is even better. Either way take physical delivery ala butlerresearch.com & silverstockreport.com

Why I'm Still Holding Onto Gold

Hi folks, Please read Butler at butlerresearch.com INFLATION is just getting started since M3 has grown at 15%+ the last 9 YEARS OR SO. Gold is not rare, but silver is and has many industrial uses. Gold & Silver are both manipulated buy huge concentrated short positions to low price levels. The silver manipulation will end first due to current short supply and industrial demand. When investor demand increases in this tiny silver market it will far out perform gold which will still be manipulated below the correct price. When you buy these metals, take delivery, as allocated programs are increasingly headed to defaults. Butler explains why. Take a bunch of time to understand! Also, sign up and resister for Hommel's silverstockreport.com If you don't study these sites in detail you are clueless as to silver & gold,

Gold's Regaining Its Shine

I know (BEEF)

Gold's Regaining Its Shine

Hold on ,ADD MORE, Read butlerresources.com then beaf up on silver and take delivery.

Does GLD Inventory Affect the Price of Gold?

not yet, but will. sent it to mgmt of all my penny stocks even if not in mining.

Does GLD Inventory Affect the Price of Gold?

Did everyone but the author read Ted Butler yesterday and thus not bother to respond to this article? butlerresearch.com TIGER BY THE TAIL

Have the Gold ETF's "Tonnes in the Trust" Bottomed?

And heres some of it.....Get ready to witness history or be a part of it if you own silver or gold ETFs You can speed the price rise time table! Here is a part of Ted Butlers June 16th 2008 comments. I suggest you log on butlerresearch.com and read it all along with past reports...............
So here we had evidence of delays in the delivery of both retail and wholesale silver. Many are loath to utter the word "shortage" in connection with silver. They believe that to be impossible or they think the word means no availability at any price. That definition is silly, as there will always be some quantity available at some price. A commodity shortage doesn’t mean that all the silver (or any other commodity) in the world suddenly disappears. The correct definition of a commodity shortage would revolve around delivery delays, not unavailability. In other words, a delay in delivery of both retail and wholesale forms of silver would constitute a shortage. Maybe not a severe shortage, but a shortage nevertheless. Such evidence of delivery delays, in the face of declining prices, should disturb believers in free market principles.
Although these delivery delays into the SLV well after the shares were purchased bothered me, I chose not to complain. (By the way, this pattern can be discerned by the uneven deposit pattern into the SLV compared to its trading volume). The main thing that bothered me was that the shares were being shorted at all.
I am going to make a very straight-forward statement. I don’t think short-selling of any kind should be allowed in the shares of the SLV, nor in the shares of the two publicly-traded gold ETFs, GLD and IAU. Of all the tens of thousands of different common stock and other traded securities that are regulated by the US Securities and Exchange Commission (SEC), these three metal ETFs are very unique and distinct from the rest. Out of tens of thousands of different securities, only SLV, GLD, and IAU call for a rigid metal backing, 10 ounces of silver behind each share of SLV, one-tenth of an ounce of gold behind each share of either GLD or IAU. Investors buy shares of these ETFs because they are assured that this specific metal backing exists. Investors buy shares knowing that the sponsors and custodians guarantee the metal to be there.
But what happens when someone buys shares in these ETFs and the seller is selling those shares short? Does the short seller deposit metal to back up the buyer’s purchase? No. The short seller just sells the shares short without depositing metal, perhaps borrowing other shares first, perhaps not. The buyer doesn’t know who he is buying from, he gets a confirmation of his purchase from his broker, pays for it and assumes, according the representations in the prospectus, that he is buying new shares issued by the sponsor who has deposited metal, or from an existing shareholder who has decided to liquidate his shares. It never occurs to the buyer that he is buying from a short seller who is not depositing metal. In essence, the short seller is circumventing what is promised in the prospectus. That party is short-circuiting and destroying the promise clearly laid out in the prospectus that real metal backs every share sold.
Here’s the disturbing question - which buyers’ shares are left without silver backing when short sellers are involved in the transaction? Just the hapless and unsuspecting buyer who was unlucky enough to happen to have his purchase short sold, or do all SLV shareholders get shaved proportionately, like a silver coin clipped in olden times? Don’t look to the prospectus for answers, because you won’t find any.
For those who were unaware of this and don’t understand how shares can be sold with no metal backing (or doubt my contention), there is hard proof. There is a short position list reported that proves short selling exists. Currently, the SLV shows a small published short position on the American Stock Exchange of around 250,000 shares, or the equivalent of 2.5 million ounces. On March 11, this reported short position hit almost 1 million shares, or nearly 10 million ounces. So, there can be no doubt that some short selling exists, which raises all sorts of disturbing questions. In my opinion, this aspect of the metal-only ETFs wasn‘t fully thought through before their introduction. Unfortunately, the problem may be worse than just this SLV short selling; maybe much worse.
WHAT’S GOING ON?
Around this past April 15 I began to notice a more pronounced delay of silver deliveries into the SLV. This was for much larger amounts of silver than I previously observed. In fact, the amount of short selling in SLV shares began to look extreme.
Just a short word on short-selling. Please don’t confuse this discussion on the short selling of shares of the SLV (and GLD and IAU) with the short selling I continually discuss in COMEX silver futures. I know this can be a complicated topic, but it is important for you to understand it. In futures, there must be a short for every long. Therefore, the problem in silver futures is not the presence of shorts, but the documented concentrated nature of this short position, namely, an extremely large short position held by just a few traders. Less extreme concentrations in other commodities have always been considered manipulative by the CFTC in the past; just not now in silver (and gold), for some reason.
In securities, there is no requirement that there be a short position for every share of stock. In fact, that would be absurd. But, due to relaxations in the restrictions on short selling over the past decade by the SEC, the new phenomenon of naked short selling has exploded. Naked short selling in stocks doesn’t involve first borrowing the shares in which to sell short. The naked short seller just sells short without borrowing shares. The short seller then fails to deliver the shares to the buyer on settlement date. The punishment for what is essentially a delivery default? The SEC puts out a (long) list of stocks which have fails to deliver. That’s all it does, it makes a list. No fines, no forced buy backs, no identification of who is naked short selling, no staying after school for detention. And yes, SLV is on that list from time to time. To SLV owners, that should be disturbing.
One last kick in the teeth for SLV and silver investors. All investors who purchase SLV shares must pay in full for their shares (or borrow from their brokers at sky-high margin interest rates). Not only do the naked short sellers not have to deposit a dime for their short sales, nor deposit one ounce of real silver, they receive the full cash proceeds that the buyers put up and get to earn interest and deploy that cash until they buy back their short sales. Which may be never, as no one is pressuring them. This is a Wall Street scam and fleecing of the first order.......ALSO CHECK OUT silverstockreport.com/...