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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (14954)	3/4/2011 3:57:29 PM
From: ayn rand	1 Recommendation Read Replies (2) \| Respond to of 222172

GFMS Limited of London, in their monthly ''Precious Metals Market Outlook'' report, released March 4th: ''Silver once again has been the star performer over the past few weeks, with the price posting an almost straight line rally to a fresh 31-year high of over $34 in early March. In addition, what made silver's gains even more impressive was its massive outperformance of other industrial metals, such as copper, which saw a hefty fall in late February. Key to this was renewed investor interest for precious metals as safe haven assets, on the back of increasing geopolitical tension, coupled with rising inflationary fears. Furthermore, given silver's low costs and wide trading range, it has become increasingly popular among more speculative investors. Indeed, even at $34/oz (at the time of writing), silver is still way below its all-time high of $50 in 1980, which clearly has given an additional boost to investor confidence in the white metal. Looking ahead, the recent backwardation in the silver market and news regarding difficulty of securing silver bullion in volume, including by the Royal Canadian Mint, suggest that the metal could soon break out and move sharply higher. Specifically, as gold is likely to approach $1,500, we would not be surprised to see silver challenging $40 in the coming weeks. Nevertheless, due to its historically high volatility, we would caution the potential downside for silver, with the metal in our view probably falling to below $30 at its lowest point in May, something very likely, given the growing pessimism regarding the economic outlook.''

To: GROUND ZERO™ who wrote (14954)	3/4/2011 5:26:35 PM
From: yard_man	Respond to of 222172

don't know ...I like 'em both for the long haul.

To: GROUND ZERO™ who wrote (14954)	3/6/2011 11:42:49 AM
From: ayahuasca	2 Recommendations Read Replies (2) \| Respond to of 222172

Two links below to listen to, one is short (~7 min), one is longer (~1/2 hour). This first link is the longer interview from about a year ago. Pull up a silver chart and look at what started happening to silver after this whistle blowers allegations came to light (to make it more interesting, he and his wife were hit by a car the day after his name was made public). Amazing stuff. kingworldnews.com This second link is from a couple weeks ago and it appears the whistle-blower (Andrew Maguire) is about to release further information. maxkeiser.com I havent seen anything new from him yet, but imo, the price of silver specifically is not only doing well b/c of economic/macro conditions but also b/c of it's small relative size versus, say gold, and as such if all the manipulation and large shorts need to be stopped/covered it's likely to result in explosive moves. I think this is largely why silver has outperformed gold recently (as well as reverting to the mean silver/gold ratio).