The Silver Price is Currently Navigating a Minefield of Hidden Dangers

[Ares]

Greetings brothers, this week I cover a recent story that talks about a big, surprise development in silver, right here in the U.S.

We cover two points about that article, and then discuss:

What actions the banks recently took in Comex, paper silver…

Whether the downtrend in silver is likely either truly over, or not…

Two hidden dangers that could lie directly in front of paper silver in the weeks ahead…


How these dangers might affect currency and silver price movements..

Lastly, we ask a question about what this new US development in silver might mean…

Just so you know, I’m about to go out and stack some more silver later today for my family, but in the meantime, as the system and the US Dollar get closer their end…it still behooves all of us stacking warriors to stay on our toes, and be ready for whatever desperate actions our enemies may take.


https://www.youtube.com/watch?v=Ch8ebtgqCAA&feature=youtu.be

Link to video: https://www.youtube.com/watch?v=Ch8ebtgqCAA&feature=youtu.be

http://thewealthwatchman.com/the-silver-price-is-currently-navigating-a-minefield-of-hidden-dangers/

[EE_]

Gold Becoming Illegal?
Posted on May 31, 2015 by Martin Armstrong
COMMODITIES-GOLD-METALS-PRICE-SRILANKA

There is a very curious new development with respect to gold. In many countries in Europe nobody can buy retail gold coins for bullion any more. Shops will buy, but nobody is selling. Banks who use to offer gold to the public have also shut down in Spain. If you leave Spain and have a lot of jewelry, they pull you over and want to weight it be it chains or whatever including watches.

Little by little, this hunt for money by desperate government is turning toward gold. Shutting down retail sales is quite alarming for what typically follows is some decree that you must turn over bullion by a certain date or thereafter it can be confiscated and illegal to even own.

Meanwhile, April saw the biggest decline in gold shipment to China that traditionally go through Switzerland. They fell 67% in April. As the economy has been turning down in Asia, the demand for gold has fallen by about 36%.

With demand dropping, government cutting off the ability to even buy gold in Europe, mixed with a rising dollar, all warns that the final low for gold may yet be on the horizon.

http://armstrongeconomics.com/archives/31089

[EE_]

Gold Spikes Above $1200, Silver Over $17 On Heavy Volume
by Tyler Durden on 06/01/2015 09:28 -0400

For now, no catalyst - as if one is needed in this market - but gold and silver prices just spiked higher on heavy volume above $1200 and $17 respectively..

[madfranks]

If you leave Spain and have a lot of jewelry, they pull you over and want to weight it be it chains or whatever including watches.


Hitch better watch out if he goes to Spain, they're going to confiscate his gold apple watch!

[Ponce]

Bla, bla, bla, bla..............please wake me up when silver reach $100.00......

V

[madfranks]

Bla, bla, bla, bla..............please wake me up when silver reach $100.00......

V

Yep, and until then, keep stacking!

[Serpo]

One analyst has predicted a new high for metals in June......................

[Serpo]

the lunacy of worldwide gold and silver prices being determined by paper algorithms in New York – where essentially ZERO inventories exist, and physical transactions pale in comparison to those in China – must inevitably end; perhaps, far sooner than most can imagine.




it will ultimately be the overwhelming of the scant remaining physical supply by surging demand that does them in.


today’s all-time low registered gold inventory (i.e., available for purchase) of just 370,000 ounces – worth a mere $440 million at current prices – is, if anything, overstated. Again, I can’t understate the incredible fact that a mere $440 million of gold – if it even exists – is all that stands between the horrific, world-destroying suppression that has prevented history’s largest fiat Ponzi scheme from imploding




http://blog.milesfranklin.com/the-upcoming-inevitable-comex-iddent

[Silver Rocket Bitches!]

Bla, bla, bla, bla..............please wake me up when silver reach $100.00......

V

Who cares about the nominal price. $100 silver will mean $20 gas. You aren't making money, you're preserving purchasing power.

[Serpo]

Who cares about the nominal price. $100 silver will mean $20 gas. You aren't making money, you're preserving purchasing power.

I cant see no relationship here as silver has been repressed for a long long time..............