The Silver Rush Is On

[webmaster]

Subject:The Silver Rush Is On
By: Theodore Butler and Israel Friedman

Overview: When the total shortage comes, the biggest demand will be for Eagles and 1000 oz bars. Eagles will continue to have the biggest premium and after this will be a big demand for 1000 oz bars. These bars are what big investors and especially users will chase after. The key is for you to buy before that big rush comes.

Link: http://news.silverseek.com/TedButler/1224532979.php

[podrag]

It's funny. I though the 'Great Silver Rush' would start with a price spike to the upside, but alas the reverse is true.

It's kinda strange how I almost feel happier about my silver investment overall at $9 than I did at $21 despite all the pain I have endured, especially in miners. But the COMEX has screwed itself into a corner. The only way it can save itself is a sharp upside move to the $18 level at least so silver miners can recover their costs, but such a move would excite all those sitting on the sidelines looking to profit from something. Silver would likely then go to $Stupidty as everyone piled into the market.

So Mr COMEX can't set an accurate market price quickly but the longer it stays in the $9-$12 range the more metal investors can by with their $ and the less incentive to sell. All they hope to do is lure in and devour enough spec longs with volatility before the warehouses are emptied. Not really much of a plan Batman.

And as for the CFTC enforcement division. Guys, the horse has bolted and escaped to Mexico where... it raised a family of horses... before retiring in a beautiful grassy field... where it died... 25 years ago. I don't think running an enquiry into whether you should think about shutting the door is going to make much difference at this stage in the game.

[thowze]

Because the price of silver is so far below the cost of production, shareholders of silver mining companies are being hurt very badly.

What can the silver miners do? They should refuse to sell their silver at such low, dumping prices. The cost of production for some miners is $16 an ounce. These miners should not sell below $20 an ounce. Let the silver users go to the COMEX and see how quickly the COMEX is cleaned out.

I have also wondered why the miners are so quiet on the price issue. As the owner of a business, if I sold my products below the price it cost me to manufacture them I would soon go bankrupt. Mr Friedman has a point that the miners should stop selling physical silver below what the market is bringing in for physical silver. Too many miners are responding to the lower prices by shutting down what they label as "high cost silver mines" like Polymetal in Russia announced it would do on October 20th.

[daman4455]

The author takes pride that he has been advising people to invest in Silver for past 9 months and made people lose substantially. They made you all lose at USD 21 /OZ by their histrionic calls. Yet they claim fame!!!!!!!!!!!

One author has made a case of Silver miners losing! These miners made more than required profit at USD 21 so why complain? Market always finds some equilibrium. Investor is not obliged to miners. Markets can be crazy alternating to favour buyers or sellers.

All calls of physical shortages are frantic. There may shortage for small coins due to lack of production facility to convert large sized 1000 ozs bars easily available in market to 1 oz to 100 oz coins. But those who are in physical trade know that there is no shortage of 1000 ozs wholesale bars.

People who use their own instincts to invest wisely will be benefitted. Read what these Gurus have to say and assess them for their fanatic views or objectivity. Investors should know their hard earned money need not be blindly invested.

In 1980 people bought Gold at USD 850 and Silver at USD 40+ and they had to wait 27 years to see even levels.

Silver and gold are excellent investments but all those who invested wisely bought double silver compared to those who bought six months earlier when our experts were making frenzied calls.

[5-9's]

Cartels only work when everyone is "on board". I think that would be highly unrealistic in the global mining industry, unfortunately.

Mines in China for example which have extremely low production costs would continue to sell for cheap. Those who choose not to would simply go out of business and the ones still playing the game would then gain an advantage.

Thus...it all sounds good in theory, but in practice would never work IMO. And that likely explains why it isn't being done right now.

See, the producers are competing against themselves as well, and not just against the rigged commodity market. Dirt cheap prices are the end result. The shorts have it real easy.

[mls56]

Originally Posted by daman4455

The author takes pride that he has been advising people to invest in Silver for past 9 months and made people lose substantially. They made you all lose at USD 21 /OZ by their histrionic calls. Yet they claim fame!!!!!!!!!!!

One author has made a case of Silver miners losing! These miners made more than required profit at USD 21 so why complain? Market always finds some equilibrium. Investor is not obliged to miners. Markets can be crazy alternating to favour buyers or sellers.

All calls of physical shortages are frantic. There may shortage for small coins due to lack of production facility to convert large sized 1000 ozs bars easily available in market to 1 oz to 100 oz coins. But those who are in physical trade know that there is no shortage of 1000 ozs wholesale bars.

People who use their own instincts to invest wisely will be benefitted. Read what these Gurus have to say and assess them for their fanatic views or objectivity. Investors should know their hard earned money need not be blindly invested.

In 1980 people bought Gold at USD 850 and Silver at USD 40+ and they had to wait 27 years to see even levels.

Silver and gold are excellent investments but all those who invested wisely bought double silver compared to those who bought six months earlier when our experts were making frenzied calls.

You might want to do some research on the biggest Miners & List them by name,then try to get into the public records of those & see if any have ties that will put a light on them & any Banking or other Misfit Bunch,if your so damn negitive,you will never get ahead! My Dad made a nice return back in the day,but he was not afraid of the Gov or any one else!

[prahudka]

Originally Posted by podrag

And as for the CFTC enforcement division. Guys, the horse has bolted and escaped to Mexico where... it raised a family of horses... before retiring in a beautiful grassy field... where it died... 25 years ago. I don't think running an enquiry into whether you should think about shutting the door is going to make much difference at this stage in the game.

Yes, but to continue (and mix) the metaphor, the horse was named Marley (nickname Wilbur) and his ghost is coming back to screw with the King Macbeth of Chicago in a big way.

[prahudka]

Originally Posted by webmaster

Subject:The Silver Rush Is On
By: Theodore Butler and Israel Friedman

Overview: When the total shortage comes, the biggest demand will be for Eagles and 1000 oz bars. Eagles will continue to have the biggest premium and after this will be a big demand for 1000 oz bars. These bars are what big investors and especially users will chase after. The key is for you to buy before that big rush comes.

Link: http://news.silverseek.com/TedButler/1224532979.php

I think I wet myself.

[JesterJay]

Question:
How do you handle that situation?
Answer:
Depends.

I am SOOOO dang funny,
JesterJay

Originally Posted by prahudka

I think I wet myself.