BUY PHYSICAL SILVER to expose JP Morgan's Fraud...BANKERS OR US

[Letsbereal]

SILVER BREAKS $50 Everywhere but the COMEX!!!!! COMEX to Follow Shortly http://youtu.be/IuwPZ6NnwWE

[Brocke]

Market Nuggets: RBC: Base Metals Ignore Soft Dollar, Fall On Profit-Taking

27 April 2011, 01:44 p.m.
By Kitco News
http://www.kitco.com/reports/KitcoNewsMarketNuggets20110427.html

(Kitco News) -- RBC Capital Markets says LME base metals eased on profit-taking ahead of the FOMC statement and an upcoming press conference by Federal Reserve Chairman Ben Bernanke, thereby ignoring dollar weakness that often supports commodities. RBC says the market is “in no mood for surprises as the tone of softening demand and slowing growth, allied to rising levels of stock, is not helping the metals right now.” By the end of the afternoon London trading session, copper was at $9,321 per metric ton, down 2.3%; aluminum at $2,744, down 0.1%; zinc at $2,240, down 0.9%; nickel at $26,630, down 0.1%; lead at $2,498, down 2.3%; and tin at $32,000, down 2.2%.

[Letsbereal]

How The Comex Lost 20% Of Its "Registered" Silver In One Week, Or Where There's Smoke Of A Run, There's Probably A Run
27 April 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/how-comex-lost-20-its-registered-silver-one-week-or-where-theres-smoke-run-theres-probably-r

Excerpt:

A week ago we noted something peculiar: in one day, COMEX depository Scotia Mocatta (one of five in the world) saw a 25% transfer of silver from "registered" (or deliverable physical) to "eligible" (or "undefined" - a distinction discussed previously, and also below).

We said: "Canada's largest bullion depository (and one of five total) reclassified a whopping 5.2 million ounces of silver from Registered to Eligible status.

In order to get a sense of how big this amount is, which amounts to just under $238 million at today's fixing price, it represents just over 25% of the total silver stored at Scotia Mocatta, and about 5% of the total silver held across all depositories." 

The reason then given was: "due to a reporting reclassification, 5,287,142 t oz was moved from Registered to Eligible."

To our (lack of) surprise, a quick glance at today's silver holdings at the Comex confirms that the trend of reclassification is continuing unabated, and

total "physical" silver across the entire Comex universe has now plunged by almost 20%, or from 41 million ounces to 33 million ounces, in the span of one week!

And while last week it was Scotia Mocatta, today it is HSBC and the Delaware Depository, and the reason given: "Adjustments include reporting classifications of t oz that were moved from Registered to Eligible. 

Please see Special Executive Report reference 5736 for additional information: http://www.cmegroup.com/tools-information/advisorySearch.html

And a further drill down reveals the following link: http://www.cmegroup.com/tools-information/lookups/advisories/market-regulation/SER-5736.html

Many have speculated that there could well be a run on physical silver. But for those looking for a smoking gun, this is probably as close as you will get to one, short of JPM actually declaring "force majeure."

[Letsbereal]

Silver Backwardation Doubles Overnight
28 April 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/silver-backwardation-doubles-overnight

Excerpt:

Yesterday we correctly predicted that the entire 10% silver correction would be momentarily taken out as the Comex news is properly digested.

And so it continues - as silver is once again pennies away from $50 and a fresh new nominal all time high, we take a quick look at the futures curve where as expected the backwardation is confirming the "negative convexity" (yes, yes, we know silver is not a duration security) once the $50 stops are taken out will send silver surging to unseen before levels (which also considering it will be at a new record over $50 is pretty much intuitive).

In the meantime, the chart below is the worst nightmare of anyone still holding short silver positions.

While the near-far contract backwardation was about $0.75 yesterday, it has since doubled in less than 24 hours.

We can't wait to see what surprising nuggets the Comex will bring us today.

[Letsbereal]

Second Silver Margin Hike In One Week... Is Now Priced In
28 April 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/second-silver-margin-hike-one-week-now-priced

Excerpt:

As vaguely rumored earlier, and largely anticipated, the CME instituted another margin hike, presumably for a broad swath of commodities but apparently focusing on one particularly: silver, this time 10%.

This is on top of the 9% margin hike from Monday. If anyone was wondering the reason for silver's swoon earlier (and subsequent jump) was, now it's clear.

By now it is becoming rather clear that all the CME does is provide ever better reasons to BTFD.

As always, we continue to hold our breath until there is a comparable maring hike for the ES. We may soon run out of oxygen.

[Letsbereal]

Thailand launches Silver Futures at TFX
29 April 2011, Bangkok (Commodity Online)
http://www.commodityonline.com/news/Thailand-launches-Silver-Futures-at-TFX-38609-3-1.html

Excerpt:

Thailand announced starting silver futures trading from June 20 with the contract size of silver futures is 100 ounces or around 90,000 baht ($3,000).

Silver will be quoted in Thai baht per ounce, and its underlying price will be based on 99.9% pure silver.

----

Final settlement will be in cash when the contract expires, instead of physical delivery.

Final settlement prices for silver will be based on the same source as when gold futures are settled: the London Bullion Market Association.

Silver prices have risen correspondingly with gold, partially because of speculative trading by hedge funds due to the weakening dollar.

Demand for silver for industrial purposes has also increased, particularly in nanotechnology, IT and the medical sector.

Silver has been a lucrative investment option as its price has risen by 70% since January of last year, while analysts expect the rise to continue as the US dollar depreciates.

[Letsbereal]

SILVER RISES TO ALL TIME HIGH $49.51 oz Apr 28, 2011 http://www.reuters.com/article/2011/04/28/us-silver-record-idUSTRE73R55520110428

http://www.goldprice.org/spot-gold.html

http://charts.kitco.com/KitcoCharts/index.jsp

[Amos]

SILVER RISES TO ALL TIME HIGH $49.51 oz Apr 28, 2011 http://www.reuters.com/article/2011/04/28/us-silver-record-idUSTRE73R55520110428

http://www.goldprice.org/spot-gold.html

http://charts.kitco.com/KitcoCharts/index.jsp

Gold new high

[Letsbereal]

Gold new high

Yeah, that's in this post:

PrisonPlanet Forum > Globalization and the plan for NWO > Financial Crisis Forum (Moderators: Biggs, bigron, Spectre, Murray Von Hayek, stymo1) > Yessssss!!!! Gold Always believe in .... Gold, Your indestructible, GOLD!!! - GOLD STARTLING NEW ALL TIME HIGH AT $1,568.75 http://forum.prisonplanet.com/index.php?topic=159655.msg1238752#new


Silver is under extreme pressure now and will have a gigantic breakout cause has to catch up with gold up.

[Letsbereal]

It's Getting Plain Silly: MF Global Hikes Silver Margin To 175% Of CME, Or Over 10% Of Contract
29 April 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/its-getting-plain-silly-mf-global-hikes-silver-margin-175-cme-or-over-10-contract

Excerpt:

Now it's just getting plain silly. Following two margin hikes by the CME, one for 9% and one for 10% this week, now MF Global, run by former Goldman CEO Jon Corzine has joined the fray, and has hiked its silver margin to $25,397.

As a reminder, the latest CME margin is $14,513, or about 6% of the contract value of $241,750 assuming a silver price of $48.35.

So MF Global's is 175% of the CME! It is obvious that everyone is now hell bent on destroying the parabolic move higher in gold and silver, which is happening for a very good reason: deranged money printing.

Although, as yesterday, we very much doubt MF Global, or anyone else for that matter will hike ES margins any time soon.

[Brocke]

Gold – Silver Ratio Crashes to Lowest Level Since 1983

ST. LOUIS (MineFund.com) -- Investors concerned about silver overheating have more reason to worry with the gold-silver ratio plunging to a monthly average of 37:1 so far this April. That makes silver the most expensive relative to gold since September 1983. Silver remains relatively cheap in the modern era though when considering annual average rather than monthly prices.

Silver is also appreciating rapidly against palladium with all-time new lows coming month-after-month. The metal has also surged against general equities with the best showing since 1988 against the Dow Jones Industrial Average and the S&P 500. See all the ratios here.

If silver continues to appreciate or at least hold its ground this year, it will be the first annual average price - adjusted for inflation - exceeding $30 per ounce since 1980. In that year it averaged more than $43/oz, but 1979 was the record annual average at $67.90/oz. The peak monthly average came in January 1980 when silver traded at nearly $109/oz.

The next significant technical hurdle for silver will be an annual average real price of $40/oz which, prior to the 1979 bubble, was last recorded in 1864 as America’s Civil War was drawing to a close.

When priced in weighted baskets of various currencies, silver is performing well, but does not appear nearly as overbought. In commodity prices silver has only just reached half the monthly average value of the all-time peak. When priced in the leading currencies silver must still rise three-fold to reach it’s all time high.

more: http://minefund.com/wordpress/2011/04/11/gold-silver-ratio-crashes-to-lowest-level-since-1983/

[Brocke]

how is it that gold is up by 30 dollars and silver is down??

There is a run on both at the moment and they can't keep them both down. They have to concentrate on one or the other. It's a loosing strategy. When silver breaks out gold will skyrocket.

[ekimdrachir]

Lets go for $218 silver!!

BUY BUY BUY BUY BUY

[Letsbereal]

Ellis Martin Report with David Morgan http://youtu.be/iuScQEa0BLM

http://www.youtube.com/watch?v=iuScQEa0BLM

[Amos]

Silver falls $5

[jerryweaver]

Down 5.75. What the heck. Who is selling? Is it paper being sold or silver. I am guessing it is paper silver being sold. Would that cause this? If it is paper silver being sold how would we be able to tell?

[Amos]

interesting being the Asian market, something odd is going on, remember it a beach ball, just click your heels three times

[jerryweaver]

Could somebody here who is smarter than me take a look at this?





http://marketcuriosity.wordpress.com/2011/01/17/monitoring-if-physical-silver-diverges-from-paper-silver/

Quote:One way to track of the differences in physical price vs. paper price: Chart $silver and SLV together. The paper and physical price is the same when the 2 lines overlap. At some point I expect them to diverge — $silver up, SLV down — if the rumors of SLV not having all the silver it says it has are found to be mostly true. (I have no idea, just a speculation). And then in just a few days after that, fireworks

[Spark of Truth Inc.]

  BTFD, grand daddy style???

[Amos]

The ball is coming up

[Letsbereal]

The ball is coming up

ahahahahah Blythe Masters tried to put the kibush on our silver deal.

Now we gonna put the kibosh on you! You know we’ve kiboshed before.

And we will … kibosh again. Look at silver bouncing back forcefully!

Evil Genius Loves Blythe Masters for Cheap Silver Prices BTFD! http://www.youtube.com/watch?v=Ud0pdhoisxc

[CheneysWorstNightmare]

The ball is coming up

This is almost comical.

Down $5.  Then up $2.

They must think we are stupid.

[CheneysWorstNightmare]

Silver goes from 44.19 to 45.05 in minutes.

That means up 86 cents in a few minutes.

LOL

[Letsbereal]

Remember: Hunt bros silver high round $140 oz inflation adjusted now according to the Financial Times

Gold and silver set new highs after S&P move
22 April 2011, by Jack Farchy in London (The Financial Times)
http://www.ft.com/cms/s/0/b39a4112-6d0a-11e0-83fe-00144feab49a.html  

Excerpt:

In today’s money, gold’s 1980 peak is equivalent to about $2,400 a troy ounce, while silver’s record – induced by the billionaire Hunt brothers’ notorious market squeeze

– translates to about $140 a troy ounce in real terms.

[Brocke]

Could somebody here who is smarter than me take a look at this?





http://marketcuriosity.wordpress.com/2011/01/17/monitoring-if-physical-silver-diverges-from-paper-silver/

Quote:One way to track of the differences in physical price vs. paper price: Chart $silver and SLV together. The paper and physical price is the same when the 2 lines overlap. At some point I expect them to diverge — $silver up, SLV down — if the rumors of SLV not having all the silver it says it has are found to be mostly true. (I have no idea, just a speculation). And then in just a few days after that, fireworks

Sounds like he's expecting iShares Silver Trust to have a run of investors wanting phisical silver and they will default which will cause it to fall while spot silver will dip then continue up. He is treating this divergance of products as an indicator.

iShares Silver Trust drives global Silver ETFs
NEW YORK (Commodity Online): Exchange Traded Funds (ETFs) in precious metals have turned out to be the hottest investment propositions in commodities these days. While Gold ETFs are glittering, the Silver ETFs are shining brighter, luring investors to pile more money into the precious metals funds.
The global pack of profit-making and investor-crazy Silver ETFs are led by iShares Silver Trust (NYSE: SLV), the booming silver fund that is intended to constitute a simple and cost-effective means of owning silver since the trust holds physical silver bullion.
http://www.commodityonline.com/news/iShares-Silver-Trust-drives-global-Silver-ETFs-35334-3-1.html


iShares Silver Trust (SLV) scam exposed
http://www.youtube.com/watch?v=_-dBQd16cvg

[Letsbereal]

Think Or Swim Hikes Silver Margin To Double That Of CME
1 May 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/think-or-swim-hikes-silver-margin-double-exchange

Excerpt:

On Friday we reported that MF Global hiked silver margins to roughly $25k per contract (following the CME's own two consecutive margin hikes of 9% and 10%).

On Sunday night, not letting any public hysteria go to waste, Think or Swim follows suit and hikes the /SI margin to $30,037.50 and $6,007.50 for the /YI.

At this point there is an outright scramble to get anyone with margin out of precious metals positions, which of course in the long run will merely reinforce the holding hands.

[ekimdrachir]

Wow they DROPPED silver thismorning before Hong Kong opened

[Brocke]

Weekend Top Story: Silver on fire in India

Sensing a price hike, investors in India are hoarding up on the white metal. With demand expected to jump by 10% to 15% from the current level of about 3,000 tonne a year.

Author: Shivom Seth
Posted:  Friday , 29 Apr 2011

MUMBAI  -

Despite a 100% jump in price in just over six months from October 2010, demand for the silver metal refuses to die in India.

Traders and analysts insist that silver demand will climb further this year, as investors across the country pick up on their purchases sensing an even bigger price-hike around the corner.

http://www.mineweb.com/mineweb/view/mineweb/en/page31?oid=126051&sn=Detail&pid=31

[Letsbereal]

Another Decline In Registered Silver Brings Total Comex Physical To Multi-Year Lows
3 May 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/another-decline-registered-silver-brings-total-comex-physical-multi-year-lows

Excerpt:

To our surprise we noticed that today, the Comex announced that the ongoing inverse reclassification from Registered into Eligible continues,

with Scotia Mocatta seeing another 186 thousand ounces of physical silver moving into that dark pool known as "eligible" holdings.

----

This, following on the footsteps of last week's massive reclass action, which saw 20% of the Comex Registered silver being shifted away,

means that today's Comex physical silver has now fallen to a fresh multi-year low of just 33.152 million ounces.

Add to this the fact that there was another withdrawal of 300k ounces from Brinks, and one may wonder just how "justified" the fall in silver price has been over the past 2 days?

[Letsbereal]

The Silver Bears Are Back http://www.youtube.com/watch?v=u9LcKcXpCDE

[ekimdrachir]

Silver's Shine Is Fading Fast
‎http://www.cnbc.com/id/42886979
CNBC.com - Patti Domm - 1 hour ago
Silver's shine is fading fast, and the market for the precious metal may have reached a top in a speculative, mad dash by ETF investors

RIIIIIIGHT

[Letsbereal]

And Now For Today's Mini Silver Flash Crash: Same Time, Same Place
3 May 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/and-now-todays-mini-silver-flash-crash-same-time-same-place

Presenting SLV's Largest Holders
3 May 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/presenting-slvs-largest-holders

[ekimdrachir]

Im not worried. Even if Silver drops to $30 or even $15, I will keep buying.

[Letsbereal]

Bob Chapman – National Intel Report – FED – Silver Rebound – 05-03-2011 http://www.youtube.com/watch?v=8GtCqtD9zO4

Full 60min mp3: http://hotfile.com/dl/116679503/84104ee/Chapman_-_National_Intel_Report_-_05-03-2011.mp3.html

[mr anderson]

Im not worried. Even if Silver drops to $30 or even $15, I will keep buying.

I bought 10oz and now it drops!   

[ekimdrachir]

Oh look, its going up again, after barely touching $41
Who would have guessed it, with MSM screaming "the sky is falling" all day long.

[Matt Hatter]

Guys calm down this is a normal correction in the silver market. Nothing goes straight up. In fact corrections are HEALTHY for new highs to be reached.

Corrections build stability. Did anyone panic when silver dropped from $31 to $26? No!

Now we are going from $49 likely to mid $30's

And you know what...the next rally will take us to $60-$70 before another correction happens and everyone willscream the sky is falling lol

[Lannister]

"with Scotia Mocatta seeing another 186 thousand ounces of physical silver moving into that dark pool known as "eligible" holdings."

Lol I just took delivery on 100oz. of silver from Scotia Mocatta.

[Brocke]

'USD sinking like OBL to ocean bottom'

http://www.youtube.com/watch?v=wcXgeIzhNrY

Watch the full Episode 144 of the Keiser Report on Thursday. This week Max Keiser and co-host, Stacy Herbert, report on talking up Greek debt fears, the short-lived Bin Laden bounce and buying gold if your government is trying to kill you. In the second half of the show, Max talks to Dr. Kiriakos Tobras about his lawsuit against investment banks and derivatives dealers for their crimes against Greece.

[Letsbereal]

Market-manipulation mutterings intensify - Gold bug Russell adds voice to idea of Wall Street-Washington plot
5 May 2011, by Peter Brimelow (MarketWatch)
http://www.marketwatch.com/story/market-manipulation-mutterings-intensify-2011-05-05

Silver falls after latest CME margin
5 May 2011, by Chris Oliver (MarketWatch)
hikes http://www.marketwatch.com/story/silver-falls-after-latest-cme-margin-hikes-2011-05-05

Silver, gold hit by report of Soros selling
4 May 2011, (MarketWatch)
http://www.marketwatch.com/story/silver-gold-hit-by-report-of-soros-selling-2011-05-04

Soros, Burbank selling off gold, silver: WSJ
3 May 2011, by Michael Kitchen (MarketWatch)
http://www.marketwatch.com/story/soros-burbank-selling-off-gold-silver-wsj-2011-05-03