The Silver Megathrust - Seeking Alpha

The Silver Megathrust - Seeking Alpha


www.TheSilverPrice.info

"History does not repeat itself, but it sure does rhyme."(Mark Twain)

Between 1970 and 1979, the silver price was increasing steadily from $1.50 to $6, before taking off in September 1979 from $10 to $50 within 5 months. During that bull cycle, demand for silver did not increase but actually declined (sharply in 1979). It was as late as 1983 when demand increased confidently from 12,000 to 27,000 tons per year until 2000 - yet the silver price was in a 20 year bear market during that time. In 2003, when silver started its new bull market, the demand actually dropped to 23,000 tons until 2005 - during which 2 years silver almost doubled from $4.50 to $8. Since 2005, demand is rising stronger than ever, having reached 33,000 tons in 2010, whereas the silver price is rising strongly as well.

JP Morgan Silver Manipulation by Jason Hommel

JP Morgan Silver Manipulation by Jason Hommel


TheSilverPrice.info

Allow me to bring you up to date on what you need to know about JP Morgan's manipulation of the silver market.

It is being exposed, and JP Morgan is failing, and losing money on their scheme.  

On April 5th, we were given the gift of JP Morgan's Blythe Masters giving a TV interview on CNBC where she was trying to claim that JP Morgan does not hold any position in the silver market, but rather, is hedging client long positions in silver.  

Blythe says, "We store significant amounts of commodities, for instance silver, on behalf of customers. We operate vaults in New York City, in Singapore and in London. Often when customers have that metal stored in our facilities they hedge it on a forward basis through JPMorgan, which in turn hedges in the commodities market," she said.

Is The Multi-Month Consolidation In Gold, Silver and The Miners Ending? (NYSEARCA:GLD, NYSEARCA:SLV, NYSEARCA:AGQ, NYSEARCA:SIL, NYSEARCA:GDX) | ETF DAILY NEWS

Is The Multi-Month Consolidation In Gold, Silver and The Miners Ending? (NYSEARCA:GLD, NYSEARCA:SLV, NYSEARCA:AGQ, NYSEARCA:SIL, NYSEARCA:GDX) | ETF DAILY NEWS

TheSilverPrice.info

Jeb Handwerger: We are encountering storms in the market rarely seen.  The volatility has affected many mining equities with many high quality assets selling at record low prices.  Portfolios have rarely seen such see saw price activity as they have this year.  Sacrosanct rules are simply not working. The markets are thwarting and aborting attempts to use time tested approaches.

The great Scottish Poet Robert Burns described the current market by writing, “the best made plans of mice and men go oft astray.”  He also observed “alas in this world there is more offal than poetry.”  But poetry hardly pays and compost does.