Silver Phase Transistion

[Serpo]

Gold Silver Ratio Breaks Below 54 to 1- Big Silver Move Just Beginning

August 28, 2012 By The Doc 8 Comments

http://www.silverdoctors.com/gold-silver-ratio-breaks-below-54-to-1-big-silver-move-just-beginning/#more-12646

http://www.silverdoctors.com/wp-cont...th_silver2.pngFor the first time in nearly 6 months the gold/ silver ratio has broken below 54 to 1, currently trading at 53.79 to 1.
As discussed previously, we expect the gold/silver ratio to narrow substantially during this bull run, likely as much as 20 to 1.

http://www.silverdoctors.com/wp-cont...th_silver2.png
The six month uptrend in the g/s ratio has been decidedly broken to the downside.

[Serpo]

Silver Inventory Update: Brink’s, HSBC Report Massive Silver Deposits Monday

2http://www.silverdoctors.com/silver-...ay/#more-12672

[Serpo]

There are only two metals that have been the creation of money from history and the backbone of the financial system .

They try to ignore the fact they have a back bone and of course most if of them dont ,so we get the mess we have today.

There is only two metals holding up this whole thing(going back ,gold and silver was money) and if it all collapses then these two metals will still be there to structure a new one(good luck on that one)around.

The economics in the world today are huge and by keeping the price of g/s down they are shooting themselves in the foot as their money becomes backed by nothing.

There is going to not be enough to go round at some stage and they may try all sorts of tricks to get it off people, but in the end there is nothing that can be compared to g/s .

They take it off you and expect you to be happy with a fist full of paper.

The government has lied to us about the inflation rate for ever and has sent everyone into the gutter because of it and their twisted agendas, you have to lie back to them with a clear conscience as it is the least a person can do,when ever you get the chance that is.

[Serpo]

You may find it helpful to study the SILVER E.O. of 1934, the subsequent Silver act of 1946, and the attending reasons why Lyndon Baines started repealing the FUncTION of the 1946 requirement to turn over everything above 500 troy silver ounces, beginning with legislation in 1961.

Make no mistake, the original SILVER confiscation E.O. is STILL on the books and can be re-inacted at any time. Lotsa folks have heard about the gold confiscation. Silver? Not so much.


Quite an illuminating article about all of this which totally addresses/answers your question, Sparky, can be found here:
http://www.silvermonthly.com/why-did...united-states/

All has to do with intrinsic silver values, seinorage on coins, and strategic reserves--millions and millions of ounces-- which started to be liquidated via public auction, shortly thereafter. Said strategic silver reserves, including the famous "CC" silver dollar hoard found in the basement of the CC Mint which was to come along, the GAO blew out to the public by means of very public, full page ads in the WSJ and elsewhere.


beefsteak

As frightening as these laws maybe ,they are only that laws passed by some manipulator of financial markets and government,heck look at libor they are still corrupt.

[Serpo]

http://www.silverseek.com/article/silver-price-projection-–-2013-5921

Silver Price Projection – for 2013

[mamboni]

http://www.silverseek.com/article/silver-price-projection-–-2013-5921

Silver Price Projection – for 2013

Good article - very novel analysis - lovely conclusion - silver to $50 or more next year.

[Serpo]

Recent Rally in Silver – A Sign of Strength or a Mere Correction?

Przemyslaw Radomski
| Wednesday, August 29th


In its latest Gold Demand Trends report, the World Gold Council reports that gold buying by the world's Central Banks hit a new record of 157.5 tons, more than double the level of Q2 2011 and accounting for 16% of overall global demand. Among them are the National Bank of Kazakhstan, and the central banks of the Philippines, Russia and Ukraine. If the Central Bank buying continues at the current pace this could be a record year for Central Bank buying.
That’s the good news. The bad news is the WGC estimates that global gold demand in Q2 2012 was 990.0 tons, down 7% from the demand for the yellow metal in Q2 2011. The demand in Q2 last year was exceptionally high, they point out. The main reasons for the fall are the reductions in demand for gold in both India and China over the period. In India, investment and jewelry demand has fallen mostly due to the high gold price in rupees as well as worries over a weak start to the monsoon season.
Having discussed gold briefly, let’s now turn to the technical part of our update with the analysis of silver. We will start with the long-term chart (charts courtesy by http://stockcharts.com.)

http://67.19.64.18/news/2012/8-29pr/...st292012_1.gif

In the above chart a significant rally is seen, but it has been stopped by the medium-term resistance line and the 50-week moving average. Silver actually corrected about 38.2% of its 2012 decline (the cup portion of the inverted cup-and-handle pattern). This pattern is still in place.
Silver has shown to often be volatile and a sharp, quick move to the upside can be quickly followed by a period of disappointment. Such was the case nearly a year ago in the final months of 2011 and at the end of February 2012. Silver’s price also moved very close to the 50-week moving average back then as well.
The point is that despite silver’s recent strength and multiple reasons due to which it’s likely to soar in the following years, it remains in a medium-term downtrend. It will remain the case until a breakout is seen.
Let’s now switch perspective to the non-USD one, to further investigate the current situation in the white metal in a different way.

http://67.19.64.18/news/2012/8-29pr/...st292012_2.gif

In the chart of silver from the non-USD perspective, prices are right at a resistance line and the RSI level suggests a medium-term overbought situation. The implications are therefore similar to what we discussed above – the medium-term case for silver may become bullish, but so far it hasn’t.
Summing up, a lot has happened in the past several days in the white metal market but not very much has really changed from the medium-term perspective. So silver’s show of strength seen in the above charts is not really a very bullish phenomenon. This is especially true when the overbought RSI levels are considered.

Thank you for reading. Have a great and profitable week!

P. Radomski
Editor
www.SunshineProfits.com

http://www.silverseek.com/article/re...orrection-5956

[Serpo]

http://traderdannorcini.blogspot.com...downtrend.html
Trader Dan's Market Views

Friday, August 31, 2012

Silver Breaks its Downtrend


For nearly the last year and a half, silver has been in a sustained downtrend in price although it has managed to find a floor of support near the $26 level. This week it has finally broken that downtrend. If this metal is going to begin a sustained rally, any setback in price should find buying emerge near the downsloping blue line shown on the chart. Failure to hold this level and particularly now the $30 level, will see the metal fall back into that triangle formation with support then coming in down closer to $28.

Note that the metal is now trading above the 50 week moving average while both shorter term moving averages are now moving higher. The trend is up.

http://3.bp.blogspot.com/-gq12ZI0wmc...pshot-1333.png

[Serpo]

for future reference............

http://gold-silver.us/forum/showthre...er-Suppression

[Serpo]

Harvey Organ: Cartel Manipulation of Gold & Silver is the Ultimate Treason, As US Wealth Flows East

December 27, 2012 By The Doc 29 Comments

http://www.silverdoctors.com/wp-cont...r-End-Sale.jpg

http://www.silverdoctors.com/wp-cont...er-treason.pngThe Doc sat down with Harvey Organ Wednesday for the first of several interviews regarding the recent massive cartel intervention in the gold and silver markets post the QE4 announcement, the fiscal cliff, the CFTC’s silver probe, and the unprecedented 20 million oz of silver still standing for December delivery.
Harvey stated that the end game is being played out, and that an Asian group has decided to take on the cartel and drain the physical silver from the COMEX. He states that the bullion banking cartel’s suppression of the gold and silver markets is the ultimate treason against Americans, as 350 years of US wealth is being drained East due to the price suppression of gold and silver.
MUST READ!

2013 Silver Eagles As Low as $2.59 Over Spot at SDBullion!

http://sdbullion.com/wp-content/uplo...lver-Eagle.png


The Doc asked Harvey his thoughts on the extraordinary developments in the December delivery month for silver, which has seen the amount of longs standing for delivery actually increase as the month progressed:
That has never happened before! I’ve been watching this- on an active month, usually what happens is the deliveries are the highest in the first 3-4 days in the month, then they go down a bit as there’s usually a few cash settlements.
What happened in December, on December 6th you saw the low point of 12.6 million ounces. All of a sudden it turned around and you saw 13, 14, and now 19.5 million ounces of silver standing for delivery. What really bothers me (and I have been unsuccessfully trying to get an answer from the CFTC) is that every single deposit, withdrawal, and adjustment in the CNT vault is done at three decimals at .000.
The COMEX is a physical market! It’s strictly physical! You should see oddball numbers! I could understand one or two bars adding up to .000, but when I start seeing everything, I start getting suspicious! I have a strange feeling that they’re settling in paper. The owners don’t know it, they think they’re getting the real thing.
What’s actually happened is that there has been a large increase in the number of investors wishing to get their silver out of a registered COMEX vault. They’re asking for silver, but they’re asking that it’s not stored in a COMEX vault, specifically HSBC or JP Morgan. That’s what I’m seeing in silver.
The other thing you should be very mindful of, the open interest on gold has declined, it’s kind of low, and it kind of tells you that many players no longer want to play the rigged game. But it’s not so in silver! OI has remained relatively high at 140,000 or higher constantly the past 2-3 months regardless of price! Certain people have decided to take these guys on, they know exactly what they can take out of the COMEX, and that is exactly what’s going on at the silver front.

The Doc asked Harvey about the US Mint’s 3 week suspension of Silver Eagle sales and whether it indicates a shortage of silver at the mint:
That is a real indication of shortage. If you’ve had a look at the Canadian Maples sales totals. They started in 1985 with 200,000 ounces, and this year they sold 20 million ounces in Canada? My goodness! This means a lot of the Canadian silver is being exported out. The Mint’s making money. So the demand is there, obviously the US Mint just doesn’t have the silver to make them. You can just see it in the demand! The US produces about 40 million ounces of silver. This means that in order for the US to meet demand in all forms they need to acquire silver from Mexico, etc, and then you have the jewelry demand, the medical and pharmaceutical demand, the solar demand. Only 100 million ounces of the total silver supply goes for investment. 900 million ounces goes towards industrial/ medical demand. There are new uses for silver every day!
What these banks have done is they are eliminating the supply of silver. I really think that the ultimate treason is that our gold and silver are leaving our shores and heading East. Eventually we won’t have it- just like rare earths- we won’t have any! That’s simply treason!
Check back tomorrow for part 2 of The Doc’s interview with Harvey Organ, in which Harvey discusses the reason the CFTC has not and cannot release the findings of their 4-year silver probe, Harvey’s view that the manipulation is in the end game and will collapse in 2013, and how the daily CME reports inadvertently reveal a massive shortage of physical silver among the bullion banks.

Check out these similar articles:

1. Harvey Organ: The Moment London is Out of Silver, the COMEX Will Be Out in a Nano-Second!
2. Harvey Organ: Gold Rehypothecation- COMEX, the LBMA, GLD, the Bank of England- IT’S ONE INVENTORY!
3. Harvey Organ: JPM Unwinding IRSwaps, Losses ‘COULD BRING DOWN THE WHOLE FINANCIAL SYSTEM’
4. December Gold Delivery in Jeopardy? CME Declares Force Majeure at Manhattan Gold Depository
5. Royal Canadian Mint Gold ETR IPO Raises Over $600 Million in First 3 Weeks

http://www.silverdoctors.com/harvey-...st/#more-19303