Silver going ballistic

Silver going ballistic : Is the dollar drop fueling corporate earnings. The dollar index falls to its lowest level since August 2008 . Also, a discussion of tech earnings from this week, is the dollar broken for good, how high can silver go.




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman - JPM and HSBC sold 45 ounces of silver for every ounce of silver they own

Bob Chapman - A Marines Disquisition - 04-21-2011 : we have a crisis in the middle east created by our government the Brits and the french , now they are talking about sending the NATO troupes in Libya because they want to go and steal everything , we should be defending America not attacking other countries says Bob Chapman the International Forecaster , I own a lot of silver says Bob , my cost is $19 /oz on average , I bought some silver this morning because I believe it is going considerably higher , what the market is telling you is that there is a terrible problem out there and it is not being solved and that problem is JP Morgan Chase and HSBC are short , they can't cover their shorts that means they've been betting silver is going to go down and right now at that price over $46 an ounce they're offsite they are losing 90 billion dollars now somewhere along the way they to call a force majeure and what that means is : we can't deliver and what they is they leveraged their bet on the short side and for every ounce of silver they had they sold 45 , which normal is 9 in fractional banking they're trapped and they can't get out ....

Bill Still vs The Austrian School of Economics on Gold and Silver Standard

Bill Still says that all the Austrian economics have correctly identified the problem but they have misidentified the solution because they believe that a return to gold backed money or commodity backed money or some combination of commodities for backing money will effectively control the quantity and break the back of the FED it's just not true says Bill Still (and I do not agree with him here ) Mr. Still is an author and documentary film maker, best known for his documentary "The Money Masters" and his his latest documentary film "The Secret of Oz." where he covers the history of money and the Federal Reserve System.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Marc Faber the Gold is not in a Bubble

Dr. Marc Faber speaking recently with CNBV TV18 from India says that Gold  is far from being in any form of bubble , cause In gold and silver terms, Faber said , the Dow Jones over the last 10 years has already lost more than 80% of its value. "If it were a bubble a lot of people would have gold. The whole world would be trading gold 24 hrs a day. But I don’t think it’s really a bubble. I think may be gold is cheap."

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman : SLV & GLD ETFs are government Operations

Bob Chapman the international forecaster talking with Discount Gold and Silver trading radio yesterday says : I do not see gold stopping until we get to $1650 , $1600 and get ready for $2000 , and silver they can't cover and it's going to go up like this everyday until HSBC and JPM decide that they gonna do something and I can tell you something and that is that the federal reserve and the treasury and JPM and HSBC have sat down to figure out what the heck they are gonna do , is it partial default is it full default or is the federal reserve gonna come in and buy out the positions and nobody is going to get any silver you know they will be lucky if they get cash ...and it is not going to be $100 an ounce and this not taking into the account that silver is in short supply versus usage as a commercial metal and so this problem is not going to go away , if they set on the shorts like now they will take silver to $80 dollars easy ...cause nobody is going to give them silver everybody knows the spot they're in and they can't get out , right now we got $46/oz , they are 90 billion offsite at $60/oz it's 150 billion it's gonna be 300 billion at $100/ox so they have to step in somewhere , they got to do something and it's going to ruin the futures options and the derivatives and of course the ETF SLV and GLD , there gonna be thunder lightening going on and they know that they know the ramifications , you know the ETFs are government operations it's to siphon off interest in taking delivery of physical or buying shares a market that they control by lying about what the physical position of gold and silver are in SLV and GLD again you're dealing with criminals they might have $6000 suits on but they are criminals ..

Bob Chapman JP Morgan and HSBC are trapped

BOB CHAPMAN - Butch Paugh - GCN - 04-20-2011

Bob Chapman with Pastor Butch Paugh : probably god have a special mission for me , why would anybody want the dollar , we have subscribers who have made millions of dollars ...bob Chapman expect the silver to go to $50 or $60 before next July , HSBC is trapped by shorting naked the silver, e gonna have a tremendous explosion in physical silver in the next years , the future market could collapse , the situation in Europe is explosive much close to a collapse than the United states is , Greece could default soon