Ideas and comments from a unique perspective from the analyst who has already been there when TSHTF...twice.
Delicious collection of must-read silvertard articles.
email:strongman.shelford@gmail.com

lunes, 30 de julio de 2012

Funds not fully invested in silver! Price action explosive soon. Most Important Silver COT Chart for 2012

This is a thumbs up for Gene Arensberg and GATA to bring this up

Funds are away from silver ( extremely low long positions). SO should silver go up a bit more, investment funds will jump in the silver rocket!
Cheers


Monday, July 30, 2012

Most Important Silver COT Chart for 2012

Mr. Arensberg wanted me to share with you-all the chart below, which he says is the “most important chart for the CFTC commitments of traders (COT) data for silver so far in 2012.”  Gene already commented on the very bullish positioning in the Vulture subscriber charts over the weekend, but he wanted a visual representation of it available.
The chart is of the short positions by the traders the CFTC classes as “Managed Money,” including hedge funds, Commodity Trading Advisors (CTAs) and other funds that trade futures for clients.  They are normally on the long side for silver futures, but over the past couple months they have been adding more and more short positions up to a new record high for the entire disaggregated COT report data going back to 2006.   
Here is the chart:
20120730-COMEX-Silver-MgMony-short
Source:  CFTC for COT, Cash Market for silver.
As of Tuesday, July 24, with silver at $26.93, Managed Money traders held the highest ever number of bets that silver would fall in price (17,575 short contracts).
Continued…
The high Fund short position is a big reason that the Managed Money net long position is so very low, at just 3,015 contracts.  Their shorts offset a slightly higher number of longs. Here is that graph: 20120730-COMEX-Silver-MgMony-net
That is a very, very small net long position!  And, if you believe like we do, a very low Managed Money net long position means there is a lot of buying horsepower sitting on “go” for when the Funds think a new rally is getting underway.
Mr. Arensberg is convinced that the Funds have built up that record high short position as a kind of insurance – a “just in case hedge” to protect them if silver broke down through the super-important long time technical support level of $26. (But silver did not break down through $26, did it.)
He believes that if silver were to move back higher, up through about $28.50 or maybe $29 or so, the Funds would be quick to buy back those short bets on silver – because it will have broken out of a bottom consolidation pattern.
What is more, once it is clear that the Funds have started closing out all those record high short bets, all the regular traders on the N.Y. COMEX will be trying to front run that short covering, sort of like switching on an afterburner.  Then, when that is going on the other shorts might be trying to take profits, buying back their shorts all at the same time with the algo traders trying to jump on it for the ride.     
“It could be an explosive move if that happens,” Gene said.  “We could even see an offer vacuum for a little while, which we have not seen since January,” he added.
An offer vacuum is the opposite of a bid vacuum.  They occur when many traders suddenly pull all their offers because the price is going vertical.
Gene isn’t predicting it as such, but he says it is definitely something to keep an eye out for and silver is not that far under where the fireworks ought to start, currently at about $28.
All I can say is … it’s about time for a silver reversal, isn’t it? 
Colette Chapman for Got Gold Report

http://www.gotgoldreport.com/2012/07/most-important-silver-cot-chart-for-2012-mr-arensberg-wanted-me-to-share-with-you-all-the-chart-below-which-he-says-is-th.html

Silver Closes Four Consecutive Days in the Green For First Time Since January

I told you to load the truck. Enjoy. I believe the train is leaving the station now...


Silver Closes Four Consecutive Days in the Green For First Time Since January

fut_image.ashx Silver has not had 4 positive, green closes like it has the last 4 days since 1/16-1/23, when it had 6 consecutive positive, green days. Before then, it had, from 1/9-1/13, 4 consecutive green days.  During this period, silver enjoyed a moon-rocket from $26 on 12/29 to $37.58 on 2/29. Are we on the verge of a dramatic move a la what we saw at the beginning of the year? It is tough to know, but the last four days have been some of the most positive action silver has seen in weeks. Just today, silver was good for nearly 3% in green moves.

In due time, we will see if these gains can be sustained into european trading and into the early hours in the United States. So far, in the after market, silver has been lazy, moving sideways towards the magnet of $28.

source:http://silvervigilante.com/silver-closes-four-consecutive-days-in-the-green-for-first-time-since-january/

jueves, 26 de julio de 2012

Bill Murphy's theory: gold will blow up in August 2012

In this excellent interview, GATA’s Bill Murphy tells AltInvestors that the cartel is now getting desperate to extricate themselves from their naked short gold and silver positions.
 source:
http://www.silverdoctors.com/bill-murphy-the-cartel-is-getting-desperate/#more-10579

sábado, 21 de julio de 2012

LIBOR MANIPULATION? GOLD MANIPULATION? IT´S THE CARTEL , stupid!

"It´s the cartel, stupid"
Strongman Shelford - 2012

So you are worry that silver and gold are suppressed?
it´s the cartel , stupid!
A massive exposure of the cartel   is happening now!

Please read the scientific discovery and the exposure made by swiss scientists commented by David Wilcock and mentioned by the legendary general of  the Silver Liberation Army  (SLA) Max Keiser.
Me, as just as a   commander of the South American Theater of  Operations  of the SLA,  is reporting this to the Silvertards of the world.

Read it. It´s an order.


http://maxkeiser.com/2012/07/21/the-libor-scandal-started-great-revealing-financial-tyranny-mass-arrests-must-begin-mass-charges-mass-court-cases-now-arrived/


http://divinecosmos.com/start-here/davids-blog/1066-great-revealing


Huge guys!

Good luck . Now you  scientifically  know that we are under control   of a banking cartel.




 

viernes, 20 de julio de 2012

Trump: "Dollar going to hell". Bill Murphy: "Gold will explode in august 2012"

US needs to pay down its debt, and that won’t happen if Federal Reserve Chairman Ben Bernanke "goes wild" with more stimulus, Donald Trump told CNBC’s “Squawk Box” on Tuesday.

“The fact is that the country owes $16 trillion, and we just can't keep doing this,” Trump said. “The dollar is going to go to hell.”

more here:

[link to www.cnbc.com]


now watch this vid. one of the top analyst regarding gold manipulation is saying that his source told him that gold will explode in august
Bill’s tells Sean that his source in London, one of the wealthiest men in Europe, is telling him that JP Morgan is having a hard time extricating themselves from their silver short position, and that ‘SILVER AND GOLD WILL GO NUTS STARTING AUGUST! BIG, BIG gold and silver moves are coming this August!

more:

[link to www.silverdoctors.com]

jueves, 19 de julio de 2012

Latin precious metals guru and blogger "Reymidas" saying "hoard silver now"

Reymidas, a latin blogger and the first guy to talk about gold manipulation in Spanish on the web has been saying "buy silver and gold " too.
Blog Reymidas started recommending silver and gold in 2008 just at the bottom.
Probably one of the guys who knows the most about gold manipulation in Latin America, has said that the cartel can put gold "below" 1500$ with  great anticipation and they "failed" several times.
He sees a clear bottom here , but people is in full panic.
For spanish readers interested, the link is : http://reymidasmoney.blogspot.com

miércoles, 18 de julio de 2012

Physical silver market like 3 million oz per day. silver paper market 100 million per day... must read By Sprott!

With continued volatility in global stock markets, and gold staging a big rally off of the lows, today King World News interviewed one of the wealthiest and most street-smart pros in the business, Rick Rule.  Rule told KWN that when it comes to silver, “there is the strong case for some very substantial upside.”
Rule, who is now part of Sprott Asset Management, discussed silver and gold at length.  He also talked about the problems the world currently faces.  But first, here is what Rule had to say about Sprott’s very successful offering in the Sprott Physical Silver Trust: “I think it’s evidence of two things:  One, we felt we had reasonably good chances of buying the silver if we raised the money.  Second, this points to the continuing strength of the high end retail investment market for silver in North America.”
“The offering was well received.  It was sold out, including the green shoe (over-allotment).  This is also evidence of the fact that while some of the more leveraged institutions have been forced sellers of silver, there is still very strong high end retail demand.  These are individuals who don’t feel financial stress, and who feel better owning physical silver.
I think this is the kind of thing you will see Sprott do, from time to time, when there is demand in the market, and also when supplies can meet that demand.  As you know, with regards to the Sprott Trust, unlike some of the ETF’s, we own physically our silver.  There are no deposit receipts and our silver is never hypothecated.
Although supplies might be adequate for us to buy that silver, the fact is that the physical market continues to get tighter….
“Eric Sprott has pointed out that on a daily basis, the paper markets (futures markets) in silver trade about 100 million ounces, while the physical market produces less than 3 million ounces each day.  That’s an indicated 97 million ounce shortfall on a daily trading basis.
I would also like to add that 90 to 120 days ago, Eric Sprott was saying to me that the amount of silver available for good delivery, on the various metals exchanges in the world, was about 40 million ounces.  So if you think about the fact that there were 40 million ounces available for good delivery, but 100 million ounces a day are traded, this would suggest that all of the available silver was traded before lunchtime.
I would also say that if this market begins to move to the upside, it would appear from the disparity of silver available to trade and the amount that actually does trade, that there is the strong case for some very substantial upside.”
Rule had this to say regarding gold:  “I think it’s interesting that we have had a shift in gold, and I would suspect that shift has been from institutional investors and momentum oriented ETF’s, again, in favor of private buyers.  The indications are that the private buyers were, in substantial measure, Chinese and Indian individuals.
You will recall that the Indian government put an excise tax in place against gold, in an attempt to try to decrease internal demand for gold, and also to increase the rupee.  That attempt was markedly unsuccessful and extraordinarily unpopular in India.
As that tax was repealed, the traditional Indian demand for gold has increased.  I think that’s been part the relative strength, and the apparent basing in the gold market.”
Rule also warned: “I think the really big problem that we face, Eric, is that our political response to what is obviously a solvency crisis, meaning Western governments owe more than they can service, but the political response to a solvency crisis has been liquidity.  We aren’t in a liquidity crisis.
The banks, in the short-term, are awash in cash.  And people who are looking to borrow money for the very short-term are awash in cash.  The difficulty isn’t liquidity, it’s solvency.  The idea that you solve a liquidity crisis by blowing up balance sheets and encouraging people to take on more short-term debt doesn’t seem to be very intelligent to me.
I think that we need a reckoning.  Hopefully we have a slow reckoning.  But we need to deal with the fact that we owe more money than we can service, and that we have been consuming more than we have been producing.  Until we recognize the nature of our problem, I don’t think we will be able to deal with it.”


source:
http://www.hangthebankers.com/the-physical-silver-market-is-getting-dangerously-tight/

miércoles, 11 de julio de 2012

Silver cavalry is here! Sprott launching new offering!

Follow-on Offering of Trust Units

Toronto, Ontario, Canada — July 11, 2012 — Sprott Physical Silver Trust (the “Trust”) (NYSE: PSLV / TSX: PHS.U), a trust created to invest and hold substantially all of its assets in physical silver bullion and managed by Sprott Asset Management LP, announced today that it has launched a follow-on offering (the “Offering”) of transferable, redeemable units of the Trust (“Units”).

The Trust will use the net proceeds of the Offering to acquire physical silver bullion in accordance with the Trust’s objective and subject to the Trust’s investment and operating restrictions described in the prospectus related to the Offering.  Under the trust agreement governing the Trust, the net proceeds of the Offering per Unit must be not less than 100% of the most recently calculated net asset value per Unit of the Trust prior to, or upon determination of, pricing of the Offering.

The Units are listed on NYSE Arca and the Toronto Stock Exchange under the symbols “PSLV” and “PHS.U”, respectively. The Offering will be made simultaneously in the United States and Canada by underwriters led by Morgan Stanley and RBC Capital Markets in the United States and RBC Capital Markets and Morgan Stanley in Canada.

Copies of the U.S. prospectus related to the Offering may be obtained by contacting Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014 Attention: Prospectus Department (telephone 866-718-1649 (toll free) or 917-606-8474) or by e-mailing prospectus@morganstanley.com, or RBC Capital Markets, LLC, Attention: Prospectus Department, Three World Financial Center, 200 Vesey Street, 8th floor, New York, New York 10281-8098 (telephone: 212-428-6670, fax: 212-428-6260).  Copies of the Canadian prospectus related to this Offering may be obtained by contacting RBC Capital Markets, Attention: Distribution Centre, 277 Front St. W., 5th Floor, Toronto, Ontario M5V 2X4 (fax: 416-313-6066) or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014 Attention: Prospectus Department (telephone 866-718-1649 (toll free) or 917-606-8474) or by e-mailing prospectus@morganstanley.com.  The Offering in Canada is only being made by the Canadian prospectus, which includes important detailed information about the Units being offered.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Contact:

Investor Contact Information:
Sprott Physical Silver Trust
(416) 203-2310 or Toll Free: 1 (877) 403-2310
Email: invest@sprott.com




lunes, 9 de julio de 2012

Silver BACKWARDATION, Negative rates and more

I am following the markets this morning. I am impressed to see silver going back to 27,40$ while euro looks extremely weak.
Negative yields for France and Europe. Come on that is totally retarded if you are for the long term
I guess the markets don´t have different choices. Size matters, and bond markets are still the kings for big pockets, even if it is a retarded option for the long term.

http://online.wsj.com/article/SB10001424052702303343404577516602196927274.html?mod=googlenews_wsj


Silver backwardation being screamed by SilverDoctors ( what a great website)  and Gene Arensberg.

Qe3 mentioned by Fed Rosengren:
http://articles.chicagotribune.com/2012-07-08/business/sns-rt-us-usa-fed-rosengren-qe3bre868042-20120708_1_job-data-payroll-data-weak-forecast

what I can say: I see silver 26 bottom very solid.


Nouriel Robini: "perfect storm is unfolding now"

http://www.cnbc.com/id/48116835


I guess soon it is "print or die" again!


got phyzz and keep stacking

viernes, 6 de julio de 2012

Euro crash keeping gold and silver in line

BIG BANKS LEAVING EURO MONEY MARKETS FUNDS:
http://online.wsj.com/article/BT-CO-20120706-710595.html

Finland threating to leave the euro:
http://www.telegraph.co.uk/finance/financialcrisis/9380851/Finland-could-leave-the-eurozone-rather-than-pay-other-nations-debts-says-Jutta-Urpilainen.html

euro chart is a disaster:

http://finviz.com/futures_charts.ashx?t=6E&p=w1

SPAIN BONDS IN FULL ATTACK


Even... DANIEL ESTULIN SAYING THAT Bilderbergs are going to crash the euro and Spain will be sacrificed.

Lindsey williams said that the euro will crash first and then the dollar in 2012.

are we seeing all this together?


I believe euro may go in full CARSH mode netx week.
Chart is pointing to euro in 1,20. This may keep precious metals in line for a while.


Stay alert!

domingo, 1 de julio de 2012

Crash JPM buy Silver Max Keiser? 77% of JP Morgan’s Net Income Comes from Government Subsidies!

Hey, Max Keiser.
You have said "Crash JP Morgan, Buy Silver". yeah, I am from South America...bought some silver shots in the past. But you are American right? Why are you financing JP MORGAN ?

77% of JP Morgan’s Net Income Comes from Government Subsidies

JPorgan Sucks at the Government Teat

JP Morgan’s credit rating would be much lower without government backing.
As Bloomberg noted last week:
JPMorgan benefited from the assumption that there’s a “very high likelihood” the U.S. government would back the bank’s bondholders and creditors if it defaulted on its debt, according to the statement. Without the implied federal backing, JPMorgan’s long-term deposit rating would have been three levels lower and its senior debt would have dropped two more steps, Moody’s said.
And as the editors of Bloomberg pointed out a couple of weeks ago:
JPMorgan receives a government subsidy worth about $14 billion a year, according to research published by the International Monetary Fundand our own analysis of bank balance sheets. The money helps the bank pay big salaries and bonuses. More important, it distorts markets, fueling crises such as the recent subprime-lending disaster and the sovereign-debt debacle that is now threatening to destroy the euro and sink the global economy.
***
With each new banking crisis, the value of the implicit subsidy grows. In a recent paper, two economists — Kenichi Ueda of the IMF and Beatrice Weder Di Mauro of the University of Mainz — estimated that as of 2009 the expectation of government support was shaving about 0.8 percentage point off large banks’ borrowing costs. That’s up from 0.6 percentage point in 2007, before the financial crisis prompted a global round of bank bailouts.
To estimate the dollar value of the subsidy in the U.S., we multiplied it by the debt and deposits of 18 of the country’s largest banks, including JPMorgan, Bank of America Corp. and Citigroup Inc. The result: about $76 billion a year. The number is roughly equivalent to the banks’ total profits over the past 12 months, or more than the federal government spends every year on education.
JPMorgan’s share of the subsidy is $14 billion a year, or about 77 percent of its net income for the past four quarters. In other words, U.S. taxpayers helped foot the bill for the multibillion-dollar trading loss that is the focus of today’s hearing. They’ve also provided more direct support: Dimon noted in a recent conference call that the Home Affordable Refinancing Program, which allows banks to generate income by modifying government-guaranteed mortgages, made a significant contribution to JPMorgan’s earnings in the first three months of 2012.


source: http://www.washingtonsblog.com/2012/07/77-of-jp-morgans-net-income-comes-from-government-subsidies.html

 

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