Search Results for: silver

Open letter to the World Gold Council – Billionaire Eric Sprott

eric sprott

Dear World Gold Council Executives; As you very well know, the business environment for gold producers has been extremely challenging over the past few years. While demand for physical gold remains extremely strong, prices on the COMEX have fallen precipitously. This contradictory situation is the single most important obstacle to …

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Dollar to collapse, gold will “go to infinity” – Ron Paul

Gold infinity dollar collapse

Former congressman says that precious metals will literally become priceless. Appearing on CNBC yesterday, former Congressman Ron Paul warned that if the US continues on its current course, the dollar will collapse, and gold will literally be priceless. “Eventually, if we’re not carefully, it will go to infinity, because the …

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Gold will go to and above $3,500 – Jim Sinclair

jim sinclair gold

My Dear Friends, Gold will go to and above $3500. This is the most important message I have sent you since 2001. There are very few of us dynamic thinkers that see everything as a trend constantly in motion. Anyone can be a static thinker, quoting recent economic figures or …

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JP Morgan silver probe dead in the water, CFTC sides with the bankers

crash jp morgan buy silver

Two weeks after Bart Chilton, a member of the U.S. Commodity Futures Trading Commission, said that “I am hopeful and expect the silver investigation to conclude in the not-too-distant future, hopefully in September or October…It has already taken far too long,” the probe by the CFTC into silver price manipulation is coming …

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Peak silver is here!!

The world doesn’t yet realize it, but the forces coming down on the gold and silver markets are truly unbelievable.  These forces can’t be comprehended by any type of charting. Presently, much of the focus in the gold and silver community is in the MANIPULATION & FINANCIAL SYSTEM.  However the physical forces …

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Is silver the new gold? (Infographic)

Is silver the new gold infographic

The value of silver has skyrocketed in recent decades –leading many investing experts to believe that silver’s price could outpace gold for the first time in history. This infographic covers silver’s meteoric increase and the factors that have led to silver’s exploding value. In short, it’s not speculation: silver is …

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London’s silver price fix to end after nearly 120 years

London city pic

Following a crackdown on precious metal manipulation by various European regulators (mostly Germany’s BaFin, recall “Precious Metals Manipulation Worse Than Libor Scandal, German Regulator Says“), which led to the shocking outcome that Deutsche Bank would pull out of the London gold and silver fixing committees, the London Silver Market Fixing …

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Precious metal distributors: enemies of the state?

precious metals

The City Council in Houston is enforcing strict new rules and regulations for those selling gold, silver, and all other precious metals. The council says they are taking such measures in order to prevent criminal activity – they want to stop those who try to resell stolen valuables. Advocates for …

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The future of money?

With Christmas coming, sales of chocolate gold coins have no doubt soared as parents get ready to fill their little ones’ stockings with edible treasure. But wealthy individuals worried about what the New Year could bring are instead stocking up on gold chocolate bars. Swiss refinery Valcambi has been selling …

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One of many: $90 million silver bullion ponzi scheme exposed

The Commodity Futures Trading Commission is charging a South Carolina-based firm with operating a $90 million Ponzi scheme, fraudulently offering contracts on silver sales, but never actually purchasing any metal, the agency said late Wednesday. The CFTC charged Ronnie Gene Wilson and Atlantic Bullion & Coin, Inc, both of Easley, …

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Gold: Comex paper vs. Shanghai physical

Shanghai gold exchange

Chinese gold demand, from both individuals and central banks, garnered increasing attention as the gold price rose consistently in the last twelve years. When the gold price declined, many in the West declared the end of gold, but China (along with many other Asian nations) defiantly continued to buy gold and …

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“Pay me in gold before dollars have no value” says politician

Jerry O'Neil gold

Jerry O’Neil, six-term GOP state representative in Montana, has asked to receive his salary (which at $10.33 per hour is around $1800 per month) in gold or silver. The long-standing legislator was driven to this decision by his constituents’ concerns about the nation’s massive debt-load and fears of our country’s collapse as “only so …

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Profit from industrial demand for silver

Around the year 2000, industrial demand for silver (excluding photography and jewellery) accounted for just over 30 per cent of total demand. In 2011, it had climbed to 54 per cent and is predicted to rise to 74 per cent by 2020. This is a stunning change in demand dynamic. …

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Special friday gold & silver ‘Chart Mania’

With the wild action in gold and silver this week, top Citi analyst Tom Fitzpatrick put together a ‘Gold & Silver Chartapalooza’ where he laid out the roadmap for gold and silver to hit new all-time highs.  Below is his interview and the KWN Special Friday Gold & Silver ‘Chart …

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U.S. mint continues to sell 50 times more silver than gold

Silver bars

The US Mint’s frantic silver sales pace continued over the weekend, as the Mint reported 430,000 ounces of silver sales over the weekend on Monday.  Perhaps more importantly, the US Mint Silver eagle to US Gold eagle sales ratio continues to exceed 50 to 1, a pace that is simply unsustainable with a …

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