I believe silver is going to go up in price by several hundred percent. I don’t know when, but it has to be sooner than later (doesn’t it?)- more on that later. I think anyone interested in silver- as an investment and/or a store of wealth, should learn as much as they need to either buy silver or forget about it. I have gone down the rabbit hole and don’t regret it. Not that I have made much money (yet) on silver, but I have really found the Silver Story interesting.
I have followed silver for over 35 years. I have seen the silver price go from under $5/oz. up to almost $50/oz. (April 2011) and then down to the current range- $15.50 – $18.50. I believe that silver is a tremendous investment opportunity and the more people who are aware of that, the more silver they buy, the higher the price goes, then more public awareness and more silver is sold and so on. I am not a silver “expert”, I am not an investment advisor, I am just an average person who is interested in silver and I’m pissed. People are getting away with what is or should be criminal manipulation of the silver market. Why isn’t the media reporting this? Why are the regulators not stopping this? I don’t know, but I do know when there is enough awareness of the silver market then the manipulation will be forced to end. I believe the following:
• the silver price is being manipulated to the downside
• most of annual silver production is used and basically destroyed by industrial uses,
• there is a very limited (compared to other commodities) inventory of above ground silver. The graphics at Markets gives a very good visualization of the size of different markets,
• there is currently soft investment demand which is a “Catch 22”. When the silver prices start rising the investment demand will increase exponentially,
• all manipulations must end and when they do the price of the manipulated item (silver in this case) will move strongly in the opposite direction of the manipulation. We are most used to things being manipulated higher in price and then the price crashing when the manipulation ends. With silver the price has been manipulated to the downside and when the manipulation ends I think silver will skyrocket.
My purpose for this website is to inform and hopefully spur people to action. I want this site to be a ‘hub” for information about silver. There is some good info out there. You will not read most of this info (at least yet) in the Main Stream Media (MSM). But, that doesn’t mean that it is not true or that it is some kind of conspiracy theory. It does mean that the Powers That Be (PTB) work hard to keep it quiet. There is some debate about why the silver market manipulation is happening and I will try to present some info on both sides of that debate. The why may be important as to how long the manipulation lasts and how it gets resolved. In my opinion though the why does not matter as much as the fact that it is happening. The other big question is WHEN. When will the manipulation end? I have thought at different times over the last 10 years that it could end any day. It should have ended any day several times, but it hasn’t. What that indicates is that the manipulation (to date) is still advantageous to JPM, because JPM is the controller of this manipulation. But, there is currently a silver market setup that (again) looks like it would be a very good time for JPM to end the manipulation.
Let’s end this manipulation! Spread the word! Look at Actions to see what we can do. Please post your comments, questions or suggestions.