Precious Metals New Thread 2.0

It matters because you keep saying where is the demand... It's right in front of your nose.
They are running out of gold, first England had to sell off their gold, now Canada and the US may have already sold their gold...
450 to 1 is a big deal....
Naked shorting is illegal....
Part of the game is changing margin requirements....

Physical demand is up, but naked shorting is controlling the price...
Commodity prices are not set buy physical demand anymore in the west......

There is no fiat currency around today that is even 50 years old and the petrol dollar is 45 years old and about to die...
Aren't you guys on the sea shell std out there any way, so what do you care...

 

Food for thought...
We all know the stock market is in a bubble trying to Know the top is the hard part...
This article claims a good leading indicator is the Nikkei, Russel Clark claims the S & P follows the Nikkei....
I'll have to ck it out...
http://www.zerohedge.com/news/2016-...st-best-hedge-fund-2016-has-surprising-answer

I still feel the Dow topped out in may 2015 that's when I bought my short...
I'm still holding but I should have bought and sold the dips, I may have been able to make 40-70 %, but too hard to time it... But I'm starting to see a pattern of slow decline I may start to play...

 

Happening in a town near you...
Countdown To Insolvency Begins For Chicago Pensions As State Supreme Court Rejects Reform Bid

http://www.zerohedge.com/news/2016-...nsions-state-supreme-court-rejects-reform-bid

 

Here's some Canadian news...
China trying to spend some it's 3.5T in USD
Chinese Take Over Canada's Real Estate Market, Buy One-Third Of All Vancouver Homes Sold In 2015
http://www.zerohedge.com/news/2016-...arket-buy-one-third-all-vancouver-homes-sold-

 

Thats not exactly news , and I'm pretty certain individuals are buying the homes and not " China " and 1/3 of Vancouver's real estate sales for one year doesn't constitute " taking over Canada's real estate market "

 

https://srsroccoreport.com/dow-jones-vs-silver-trading-volume-says-it-all/
I think 1 of the factors is a ton of stock buy backs.....

 

The article said because of the drop of the CAD vs USD China is now buying up Canadian restate. They have been buying here for years...
China can't spend their USD fast enough....
At this pace it would still take over 5-10 years for them to get rid of their USD...

 

Chinese investors have been buying properties in Vancouver since Hong Kong was returned to China so like I said , not news , obviously in our current weaker dollar environment it makes for a better investment

Thats about it

 

Yes I keep saying "where is the demand?" Because you clearly don't understand the simple principle for supply and demand. If demand is so damn high as you put it why would every country SELL a commodity that is GUARANTEED to appreciate. And if demand was through the roof why are more people selling than buying? No one is "running out of gold" if that was the case wouldn't gold be $5,000 an ounce? I'd like to know why all these countries are being forced to sell their gold too.

 

Been a while since I checked out Stocks & Investments, kinda surprised this is still going on. Pretty much summed up all my thoughts on this nonsense in the past, but I have a hard time stomaching the garbage trying to be passed as information. Some of you may rely on a picture menu to make decisions, but let's suspend disbelief for a moment suppose that data/information comes from somewhere and we should take a few minutes to check sources.

The image shr133 originated is from silverdoctors.com and can be found here. What's been conveniently cropped out of shr133's graph when compared to the original is that the 2015 silver coins sales is an estimate and not reflective of actual sales numbers. Where does this estimate come from? According to silverdoctors.com (wait, why would anyone think such a website would be a source of good data?), the spike in sales is quoted from the Silver Institute 2015 Interim Report. Page 13 of this report shows the first three quarters of 2015 had total silver coin sales approximating 77 moz, meaning that silverdoctors.com estimated 2015 Q4 to be 53 moz. So the spike you see in the graph from 108 to 130 moz is 40% guess.

And that's assuming the data in the 2015 Interim Report is accurate and reliable. Some may believe the report was prepared by Thomson Reuters and surely they would stand behind their data, right? Scroll down to Page 29 of the report and Thomson Reuters bluntly states, "no representation, guarantee, condition or warranty, express or implied, is made that such information is accurate or complete and it should not be relied upon as such."

So if Thomson Reuters was engaged by the Silver Institute to create this report, why would they clearly assert the information within can not be relied upon as accurate? If you take two minutes to dig a little, The Silver Institute membership consists of silver wholesellers/mines and the site is designed/run by jimfeldmancreative.com. Jim Feldman provides advertising services, here's the first excerpt from his profile: "He is a specialist in unique brand concepts and positioning, defining and expressing the points of difference that move consumers to purchase your brand and become its loyal fans. He and his team create the strategies and tools that will move your brand ahead of the pack for greater visibility and greater sales results." So the report was created as part of their advertising/brochure material. There's very little difference between this material and the guy who tells you "There's never been a better time to buy a condo timeshare."

Went a little long there, but I guess that's what happens when one takes the time to create an informed opinion.

 

Wait, what? There are Chinese in Richmond? Someone call the press.

 

So what's your point???
Doesn't matter who made the chart, silver sales are at an all time high.
More silver was bought last year than any time in history, that's called demand, it doesn't matter if you don't like PMs, other people and countries do...

 

When the cats away the mice will play....

 

So the trolls keep saying PMs demand is not up when clearly every single source says demand is up...
They say all the evidence is tainted, when it just states the facts...

These guys clearly have an agenda.....

Anyone not sure can google everything I say in about 2 seconds to find out every thing I share are the facts....
http://www.usmint.gov/about_the_mint/index.cfm?action=PreciousMetals&type=bullion
Our opinions may differ but the facts are still the same...
High silver demand doesn't mean it will have a higher future value it just means there is high demand....
When physical demand is up and the price is down we all know something is up, we all learn that in the first day of economics...

Silver price peaked in 2011 at $50 an oz and 40 million eagles were sold.........

Silver price in 2015 $15 but 47 million eagles were sold.. So again, demand up and price down......

Total demand for silver has been up every year for over 10 years....

Price fixing is what lowers the price..... naked shorting up to 500 to 1 to keep the price down...

They are price fixing to hide the true value or to buy up all the supply...

This price fixing is the #1 reason to buy PMs.....

It is a battle to make physical demand out strip digital shorting, they can't short forever so at some point PMs will go to free market price...

We are hoping to get free market price before they go back to a gold std...

So I get why some people don't see it, but you don't have to lie just because you have a different view point....

Saying nothing is wrong with the USA is BS and a lie, it might just be in a slump but that doesn't make all the shit go away.....

When you lie to discourage people from protecting themselves that is BS and makes you a POS........

It's fine if you disagree but don't lie about peoples future, offer you own solution or shut up....

I believe that PMs are a very good entry level way to buy some good financial ins......

 

2015 eagle sales

Silver

Month One
( oz. / #coins )
January 5,530,000
5,530,000
February 3,022,000
3,022,000
March 3,519,000
3,519,000
April 2,851,500
2,851,500
May 2,023,500
2,023,500
June 4,840,000
4,840,000
July 5,529,000
5,529,000
August 4,935,000
4,935,000
September 3,804,500
3,804,500
October 3,788,000
3,788,000
November 4,824,000
4,824,000
December 2,333,500
2,333,500
Total 47,000,000
47,000,000

 

2005 eagle sales
Silver

MonthOne
( oz. / #coins )January1,095,000
1,095,000February500,000
500,000March650,000
650,000April480,000
480,000May315,000
315,000June400,000
400,000July355,000
355,000August615,000
615,000September725,000
725,000October400,000
400,000November725,000
725,000December2,145,000
2,145,000Total8,405,000
8,405,000

 

So 2005 silver eagle sales 8.4 million 2015 47 million......

I never had common core math but in my day when we still had real math 47 million is a lot more than 8.4 million............

Or is my math wrong?????????????

Or is 47 million less than 8.4 million.........

So unless some can show me how 8.4 is more than 47 I'll stick with demand is up story because it is..........

It's called math..............

 

Speaking of naked shorting, here we go again....
Around 180 straight Sunday night night PMs shorting....
They short every Sunday night before any buying can start.......

Gold down about $9 oz