Originally Posted by TheInvisibleHand 3.75 -4 is my load zone for MUX, they keep manipulating the Gold and Silver paper markets on the COMEX, but wont be able to much longer once QE3 is officially announced.
Originally Posted by TheInvisibleHand We have often talked about Silver and Gold as places to be, but could Copper in the next few years see a run like Silver did. Let us remember not too long ago Silver was trading at 4 an oz before shooting to near 50 an oz on it's most recent peak. Copper now is near 3.50 a pound. I guess it wouldn't be unimaginable if it had a similar run to silver to see 10-30+ a pound in the coming years. Here is a recent article describing the current situation... Source: Bloomberg Copper Climbs Most in a Week on Record-High Shipments of Metal Into China By Agnieszka Troszkiewicz - Jan 10, 2012 8:39 AM ET Copper rose the most in a week in New York as imports of the metal into China, the world’s biggest consumer, advanced for a seventh month to a record. Chinese imports of unwrought copper and products gained 13 percent on the month in December to 508,942 metric tons, customs figures showed today. Copper also climbed as the benchmark Shanghai ...
Originally Posted by TheInvisibleHand Should be another interesting ride this year, Metals on the dip is the place to be... Dow up 240 as I write this Happy New Year...
Originally Posted by TheInvisibleHand Repost of an article from Zero Hedge> Submitted by Tyler Durden on 12/22/2011 12:21 -0500 There are those who contend that when fiat dies, gold and precious metals will take its place. Then, a smaller subset out there, claims that it matters not who owns the gold or silver. All that matters is who is in charge of the lead. The following inforgraphic from ammo.net may shed some much needed light on the topic, which as recent Thanksgiving record sales indicated, more and more people are starting to lock in on (and load). Via: Ammo.net From ammo.net Continue Reading Full Article.....
Originally Posted by TheInvisibleHand A good article for those considering to add or enter Silver on the recent pull back - IH Source: MarketWatch " Silver’s a bargain under $30, but watch volatility By Myra P. Saefong, MarketWatch SAN FRANCISCO (MarketWatch) — Silver is ready to finish a dramatic year near the level it started, and some analysts predict big gains, and heavy volatility, for the white metal in 2012. “Silver went parabolic when it broke above $29 back in March of this year,” said James Carrillo, senior portfolio adviser for Swiss America Trading Corporation. “It fulfilled its parabolic blow off at $50 shortly thereafter and is now testing the break point.” Silver futures SI2H -2.50% closed at almost $49 an ounce in late April. After a whopping 7% drop on Wednesday, they’re trading back below $30. Read more on gold and silver futures. “In the latter half of the year, panic selling at both the personal level and institutional ...
Originally Posted by TheInvisibleHand Source:www.financialsense.com/ By Ron Hera11/22/2011 "The Hera Research Newsletter (HRN) is pleased to present an incredibly powerful interview with Keith Neumeyer, Chief Executive Officer, President and Director of First Majestic Silver Corp. (TSX:FR / NYSE:AG). Mr. Neumeyer began his career at the Vancouver Stock Exchange and worked in the investment community for 26 years beginning his career in a series of Canadian national brokerage firms including McLeod Young Weir (now Scotia McLeod), then Richardson Greenshields and then Walwyn Stogell McCuthchen (which became Midland Walwyn). Mr. Neumeyer moved on to work with several publically traded companies in the natural resource and high technology sectors. His roles have included senior management positions and directorships in the areas of finance, business development, strategic planning and corporate restructuring. Mr. Neumeyer, who has listed a number of companies on the Toronto Stock Exchange, has extensive ...
Originally Posted by TheInvisibleHand Great Video On Silver> The Decade Of Silver Enjoy Re-post from> Click Here To Read Full Article Source: DollarCollapse.com Worried About Silver? Listen to Eric Sprott’s Stump Speech by John Rubino on October 21, 2011 Hedge fund manager Eric Sprott’s speech at this week’s Silver Summit turned a room full of nervous precious metals owners into pumped-up silver buyers. Some of the highlights are posted below, and here’s a link to a recent Financial Sense interview where he makes many of the same points. The US Mint sells about the same dollar amount of gold and silver coins, which means it sells 50 ounces of silver for every ounce of gold. It’s more or less the same story at GoldMoney and Sprott Money. Ten times more silver than gold is produced each year, and the ratio in the earth’s crust is 15:1, so how can the price be 50:1? Expect a return ...
Originally Posted by TheInvisibleHand Yea nice gap up yesterday, 10.64 is resistance might be a chance here to lock some profits in up here and then reposition some lower then back in.
Originally Posted by TheInvisibleHand Source: Reuters Thu Oct 6, 2011 1:42am GMT * Central bank head sees first ship coming mid-November * Nationalistic move has hurt market confidence CARACAS Oct 5 (Reuters) - Venezuela will begin repatriating its gold reserves from Western nations by mid-November, the central bank head said on Wednesday. "We're in the final phase of the logistics ... Soon the Venezuelan people will know when the first boat is coming," Nelson Merentes said, according to state news agency AVN. President Hugo Chavez announced in August that the South American OPEC member nation would bring bring home almost all its $11 billion in gold reserves held abroad -- a nationalistic move that has hurt market confidence. Analysts have said bringing the gold physically to Venezuela is a slow, complex and expensive process. Officials have given few details of how that will happen. Merentes said the first boat laden with reserves would ...
Ben Bernanke Wanted For Counterfeiting> Silver Continues To Shine $ $Silver is now @ $34.00> That is the highest price since March 1980. Spot Silver: http://www.kitco.com/charts/livesilver.html CLICK TO READ >> SILVER: The Awakening Bull I know this is not a surprise to the members here, many founding members of WTB have been sounding the alarm for some time. Last year, in our front page articles we compared the current situation to the WIEMAR REPUBLIC and the Fall Of The Roman Empire. Read this article again, it's important for everyone to think about the future and plan accordingly. Silver, helicopter ben, ben Bernanke, precious metals, inflation, hyper inflation