
Originally Posted by
HiHo Silva
It is obvious that there is an incredible amount of frustration within the Silver Trading Community. No one seems to be able to understand the logic behind any of the moves Silver is making. I must admit, I've even had to pause and scratch my head a few times.
For what it is worth, take it or leave it, the following is my perspective and forecast.
The reason Silver is down is because the handful of Big Players that have it cornered and are physically short get into PANIC mode on events such as what we have experienced. They are willing to stuff it down at all costs, for indeed they face a life or death situation, and they want to keep it not only down, but out of mind completely, so far down as a matter of fact as to create the prospect of fear in the trade. When you look at the Great Selloff earlier this year, you will notice that it happened right as Silver was about to pass that all important $50 mark. If it had gone over that, then it would have been off to the races. The result would have been catastrophic, which I will explain later on. That intentional crushing was to establish future doubt and fear of commitment.
The other interesting observation I have seen others make is the absolutely deafening SILENCE that comes from media and analysts. NOBODY mentions silver. Surely you must be curious. I mean, it is almost as if there is a gag order on, which in fact I believe there is. Because the last thing the Powers that Be want is an educated Public that starts thinking of Silver as a Monetary Metal in a time of Economic Uncertainty and Panic. Because lets face it, even the slowest of us realize that IF people started looking at this as a Trade that MUST GO to a 16:1 Gold to Silver Ratio (GSR), then the upward momentum driven sheerly by greed alone would carry this through the roof like a rocket, soaring well into the hundred$, and there would be nothing that could stop it.
And that is the problem, because when the people forcing the price down can't hold it down anymore, then they will fail. Think another Lehman Brothers, or two or three. So therein lies the rub.... when this party finally gets started in earnest for Silver, it will only mean that the Global Financial Network has just completely collapsed, or is at the doorstep of collapse.
And it IS going to collapse. But it's probably not going to happen this month, or next month. The next potential big stop of note on this train ride is most likely November / December when the new "Congressional Super Council Of 12" has to put up or shut up. If they dissolve into political squabbling (expected), then a lot more pressure will be put on things again. My personal guess is that if we make it to the end of the year without the beginnings of the overall meltdown becoming pretty clear, then it will be a miracle, although it may just make it into 2012.
Anyway, when the lid finally blows off the pressure cooker, several things will happen:
1. Silver will finally do its SHOOT THE MOON
2. The Global Banking System will collapse
3. Things will get real ugly from a Social Unrest Standpoint in the USA. Think Greece Riots, London Burning, or perhaps just a good old fashioned RACE RIOT in a Wisconsin Fairground.
THEN it gets very very tricky, and my vision becomes more foggy. Then a new global currency / financial network emerges. I can't quite picture it perfectly yet, but it will involve the HFM "machine engine" that is basically already in full manipulation of the markets. Regardless, the question that will really keep everyone up late at night for a brief period then is this.... Those with Patience, that will have taken this opportunity to amass Silver at these low costs, not in a hurry but indeed enjoying the extended gathering season, will be immensely wealthy. But the Power That WILL BE will "make the Switch" quickly, and transitioning the Silver into the new financial landscape I foresee as dicey. And some might even decide they don't feel comfortable joining the new "Global Regime". It is interesting times indeed. Regardless, to those that doubt, I say patience. But be careful of what you seek, because in the end it may not be something you like.
Peace,
- david
aka The Mountains Voice
* .....no peace to the wicked