US MINT = "Sorry, no more silver". Silver SLV ETF: "adding tons of silver". Silver manipulation or what? Calling Silvertards!

i had a meeting with someone who supposedly was a member of the "Illuminati"

there were two things he told me which stood out

1) next 20 years world wide economy collapse, banks run out of money, money will no longer mean anything, there will be chaos murdering in the streets

2) aliens are interplanetary and inter-dimensional. responsible for us being here today, the gods as mankind calls them, will reveal themselves within 20 years.

According to all my research, the two biggest precious metals ETF's extant, GLD and SLV, are total and complete frauds. My theory about the huge amount of silver that was added to SLV yesterday is that it was done to, as usual, facilitate more price suppression.

When they add more silver to SLV, they create more shares of the ETF at the same time, since each share is supposedly backed by a specified amount of silver. The problem is that, when you dig into the numbers, each share is NOT backed by silver; some percentage of those shares are always loaned out to those looking to short SLV. Worse, I believe that our friends at institutions like J.P. Morgan are naked shorting SLV, which means that they don't have to borrow shares from an existing shareholder (which can be done surreptitiously, to any shareholder, whether the shareholder agrees or not, since a margin account has that provision built in) or even ensure that the shares CAN be borrowed.

I think that, when they added that huge amount of silver yesterday, it was only really paper silver that was added, in the form of paper SLV shares that aren't shares in the conventional sense, in that they aren't counted in the share structure. They are shares that have been naked shorted, which drives down the price of the underlying commodity, in this case silver.

Generally, for every long there's a short, but in cases like this, you can quite easily have far more shorts than longs, which drives down the price, since now you have an unbalanced situation where there is NOT a long for every short, but a preponderance of shorts.

I personally very much doubt we're having a true silver shortage right now, but I do believe one is coming, and probably in the not-too-distant future. The U.S. Mint could quite easily keep producing and selling ASE's (American Silver Eagles), BUT NOT AT THE CURRENT RIDICULOUSLY LOW PRICE. If the price were raised, they would be able to keep producing them at a constant rate, but, as usual with artificial price controls, when you keep the market price below what it would be in a free market, you create supply disruptions, since now more of the commodity can be purchased and used than would otherwise be the case.

The cure for artificial price controls is always the wholesale failure of the price control scheme and a resulting price for the suppressed commodity that exceeds the high it would have reached in the absence of the price suppression. That's where we're eventually headed with silver, but the high price is likely to be so high that it will shock even me. I can't even begin to explain how pernicious and powerful the price suppression in silver has been over the past 25 years or so. It truly defies description.

if someone wanted to spend 100-200 bucks on silver..what would be their best option?

if someone wanted to spend 100-200 bucks on silver..what would be their best option?

There is little doubt in my mind that silver s/b valued at about $1,000 an ounce.

However it might not ever get back to $50 because the Fed supplies JP Morgan with as much credit as it needs to keep silver and gold down.

Remember the Fed isn't audited, so they can pull whatever shenanigans they wish and no one will do a damn thing about it .
Meanwhile the CTFT - or whatever those initials are - are in on this 100%. IOW, there is NO oversight.

The Fed needs to keep the dollar stable at all costs. So they give the credit to JP who then makes millions of dollars a day, day after day by shorting gold and silver. If JP needed to buy 100 million shares, the FED would do give them the credit to do it.

JP then repays the Fed and keeps the profit. As far as those two crooks are concerned, it is a Win-Win...for them. They literally suck money out of the pockets of their latest patsies who play the market honestly.

There is no end in sight for this scheme nor are there any real limits on how much money they can throw at the other bidders.

physical would be the only logical option. but what kind..silver bars ect from apmex...silver eagles?

im not a silvertard..unfortunately.

These were the 2013 Eagles

The United States Mint has temporarily sold out of 2013 American Eagle Silver Bullion coins. As a result, sales are suspended until we can build up an inventory of these coins. Sales will resume on or about the week of January 28, 2013, via the allocation process.

[link to goldsilver.com]

[link to www.gainesvillecoins.com]



Shortage over

That delay is between the year blanks - this is not the same - the 2013 blanks were already in use. The issue is the silver this time.

So are we finally going to see a spike in the price of silver, SS?

I got a few Silver Eagles... Ain't going nowhere. They are buried though... in a secure location. Just like a Pirate!