• gold $2,322.36 +0.23
  • silver $27.32 +0.01
  • platinum $908.94 -4.16
  • palladium $1,011.90 -10.01
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SILVER 2016

SILVER

 

Wall Street Journal: Silver: 300% – 1000% in the next 3-10 Years.

“The shorter-term pattern suggests that we will be heading up back toward the 40-50 region within the next three to five years, and within the next 15 years, I am expecting silver to be able to increase by 10-15 times the price at which it will soon bottom. This means I would expect silver to exceed the $100 mark within the next decade or so.”

 

Forget Oil: This Miner Says Silver Is Going to $140 an Ounce Past rallies will pale in comparison to what this miner says is in store for the gray metal.

And Bloomberg reports that when you add in the demand from investments, coins, and inventories necessary to settle trades, silver has been in short supply for over 15 years. Yet as the price of silver has fallen, producers have been forced to cut back on production.

 

First Majestic Silver CEO Keith Neumeyer says you would be crazy to think silver will be trading at $30 or $50 per ounce within the next few years. Nope, instead he believes silver will hit $140 per ounce, a ninefold increase from where it stands today.

 

COMEX Registered Silver Owners Per Ounce Jump To Record Leverage

 

 

“…COMEX Registered silver inventories are the lowest they have been in more than 15 years.”

 

“Furthermore, the “Owners Per Ounce” of Registered silver is at a record 42.  Which means for each outstanding contract (195,000 contracts), there are 42 owners per each ounce of Registered silver.

 

 

Royal Canadian Mint Smashes All Records, Strongest Sales Ever of Silver Maples

 

This is an event that will undoubtedly send precious metals exploding higher as those “late to the party” attempt to get whatever they can, at whatever price.

 

 

“Sales of their ever popular Canadian Silver Maple Leaf have surged in Q1 2016. The results are in and a new record has been made! The mint sold a stunning 10.6 million oz, a 27% increase over their strong sales experienced this time last year in Q1 2015. In addition to this, it is well over 1 million oz more than their all-time record seen in Q3 2015.”

 

Sales of all gold and silver products are up nearly 20% this year over last, indicating that money is truly flowing into precious metals.”

 

Bloomberg:

Silver’s bull run looks like it has legs.

The metal with the best return this year of any in the Bloomberg Commodity Index is poised for more gains, investors, traders and market data suggest.

Silver has so much more to give according to Bloomberg

 

US MINT: “Since 2007, sales have increased nearly five-fold from 9,887,000 in 2007 to more than 44 million last year.”

 

The U.S. Mint announced that the sale of American Eagle silver bullion coins reached an all-time high for the third consecutive year.

“Once again, global demand for the American Eagle Silver Bullion Coins drove sales to a record high, this year reaching 47,000,000, surpassing the 44,006,000 ounces sold in 2014 and the 42,675,000 ounces sold in 2013,” the mint said in a press release Wednesday.

 

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JP Morgan – “Silver one of most undervalued assets in world today”

 

In 2012, JP Morgan held 5 million ounces of PHYSICAL SILVER in their corporate account. 5 million. JP Morgan now holds 55 million ounces of physical silver. That’s over a billion dollars of physical silver purchased in just 3 years. 10 times the amount they held 3 years ago!

 

The re-pricing of silver is an imminent, inevitable event, one that the One Bank is pushing us towards, at an accelerating rate

 

Silver More Coveted Than Gold

 

The re-pricing of silver is an imminent, inevitable event, one that the One Bank is pushing us towards, at an accelerating rate

 

It should be highly interesting to silver investors (in particular) and anyone interested in preserving their wealth (in general) that a $1,000/oz starting price for the price of silver – today – has been produced through two, totally separate avenues of analysis.

 

Why manipulate the price of silver to absurd ratios of 50:1 or 70:1, when the banksters themselves knew that a rational/appropriate price-ratio for the two metals (as of the mid-1980’s) was 10:1? Simple. This relates directly back to what was said in Part I: it is silver which is the more-important of these two monetary metals (in the crimes of the One Bank). It was/is silver which these Criminals are obsessed with keeping out of the hands of the Average Person.

 

How best to accomplish this? (Attempt to) hoard that silver, and the silver still exists – and is subject to the risk that the banksters’ own greed would cause them to disgorge that silver onto the market, at some point. But destroy all that silver, by having it “consumed” (i.e. strewn amongst the landfills of the world), and you keep the Peoples’ Money out of the peoples’ hands, forever.

 

It should be highly interesting to silver investors (in particular) and anyone interested in preserving their wealth (in general) that a $1,000/oz starting price for the price of silver – today – has been produced through two, totally separate avenues of analysis. Meanwhile, as just explained; the suicidal race-to-implosion by the banksters themselves in this market must be close to its ultimate, inevitable end, no matter what “secret stockpile” of silver they have amassed previously, or what crimes they commit in this market.

The re-pricing of silver is an imminent, inevitable event, one that the One Bank is pushing us towards, at an accelerating rate. The fact that such re-pricing must be a “radical” move higher in the current, phony price is simply a function of theextreme level of price-perversion in these markets – as evidenced by the difference between our legal price ratio between gold and silver, versus the (manipulated) market price ratio.

 

Wall Street Journal: “The end-game of this is most likely a continuation of the long-term decline and eventual collapse of the U.S. dollar as we currently use it, and that eventually you’ll likely trade some of your gold and silver coins for 10-100x the number of dollars (or whatever currency the U.S. and its citizens are using at that point) than you paid for them and use whatever currency regime(s) have replaced the status quo system.”

 

 

“Silver will surpass its non-inflation adjusted, nominal high of $50 per ounce in the coming years. Indeed, we believe that silver will surpass its inflation adjusted high or real record high of over $150 per ounce in the next 5 to 7 years.”

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