Monday, May 30, 2011

Richard Russell Says Time Is Right To Buy Silver

Take a look at this chart from Richard Russell.  It shows how silver seems to respect the 150 day moving average as you can clearly see.  When silver was hitting 50 dollars, Richard was selling some silver, now he is a buyer.  READ More HERE

Sunday, May 29, 2011

For Clifton Mining Company (CFTN) 50 is the MagiC NumbeR

Fifty as in $0.50 as in 50 cents in United States Fiat Currency is the magic number for Clifton Mining Company (symbol: CFTN).

Take a look at the chart and you can clearly see the impact of the number FIFTY on Clifton.



Clifton Mining Is In The Process of becoming a producing mining company, kind of, sort of.  Actually, there partner, Desert Hawk Gold Corp, who just filed their latest 10-Q is starting to production on the Clifton Mining Properties whereby Clifton is more of a Royalty Company as they will receive a Net Smelter Royalty for all production from the properties in the Joint Venture.

Clifton's Share Price recently challenged the 50 cent mark and was rejected, as it is now trading at $0.38.  If Clifton can get back above Fifty Cents, it should be a very good opportunity for entry on the long side of this stock.

Desert Hawk Gold Corp has made the Keiwit Propery the main priority for their company and Clifton Stands to profit mightily from this.  Desert Hawk Gold has spent millions of dollars getting the Clifton Properties and Cactus Mill ready to produce metals and has recently begun milling concentrates from the Yellow Hammer properties through the Cactus Mill. 

I own CFTN and look forward to it breaking above 50 cents as it will once again be above the MaGiC number and increase the chances of a sustained uptrend.  Got CFTN?

Update On Caledonia Mining Corporation And Possible Rocket Launch

On February 23, 2011, I asked this question about Caledonia Mining Corporation (CALVF), "Will History Repeat Itself". 

In the post I noted that the Slow Stochastic for CALVF on the Monthly chart going back 20 years has only risen above the 80 level a few times.  During these times, there has been an amazing reaction in the price of CALVF stock.

Today I have updated that chart to see where we currently stand and if the historic pattern that has been produced will repeat itself once again.  One thing is for sure, we won't have to wait much longer to find out as we are literally just around the corner from a possibly MASSIVE MOVE UP IN Caledonia Mining Company common shares.



The only question that remains is "Will History Repeat Itself"?  I for one own CALVF and am ready to find out.  Got CALVF?

Friday, May 27, 2011

Paper Pushers Punish Silver Again

The fraudulent Paper Pushers who sell massive amounts of unbacked paper silver contracts have just done it again on silver.  While the U.S. Dollar is in freefall, gold rising rapidly and silver doing the same, in come the Paper Silver Shorts and they perform another fraudulent silver price take down while the obviously corrupt CFTC turns the other way and lets them have there way with the silver longs.








Anyone with even half a brain knows that silver is like gold and trades like a currency and protection against Fiat currency debasement.  It is also blatantly obvious that this immediate and sharp sell off is 100% unnatural and is intended to take price down without any concern of maximizing the selling price of the silver metal itself.

It is done with one purpose and one intention only, to illegally manipulate the price of silver lower for the benefit of those big players that are short massive amounts of paper silver contracts.

Gary Gensler and Bart Chilton should be charged with negligence in performing their mandated job purpose which is to keep the futures markets trading freely from manipulation like this.

Tuesday, May 24, 2011

CFTC Chairman Gensler Blames Rising Commodities Prices On Speculators - Shifts Blame Away From Central Bank Money Printing

Gary Gensler, Chairman of the U.S. Commodity Futures Trading Commission, blamed higher prices of commodities on speculators as he is pressured to bring down the price of crude oil by the Obama administration.

Gensler wrote in response to a May 11 letter from 17 senators seeking a CFTC plan for curbing crude-oil speculation.

This is a TYPICAL REACTION from one government agency working in conjunction with another government agency to alter free market prices in commodities that they feel would be beneficial for their own purposes.

This is also a great way to KEEP THE PUBLIC IN THE DARK ABOUT THE TRUE REASON FOR PRICES GOING UP, NAMELY QUANTITATIVE EASING, OR FIAT MONEY PRINTING.

It seems that the high oil prices prompted the phony congress to write to their cronies at the CFTC asking how they could manipulate the prices lower.  

LET US ALL REMEMBER THAT IT IS NOT THE CFTC'S JOB TO RAISE OR LOWER PRICES.  IT IS THEIR JOB TO MAKE SURE PRICES ARE NOT BEING MANIPULATED ILLEGALLY.

Bart Chilton appears to have been taken over by the dark side as well.  Chilton who originally came out and said that he was certain that Silver prices had been illegally manipulated, has now gone completely silent on that issue.  Then yesterday he came out with the following statement:
“American consumers are hurting, at the gas pump, at the grocery store, at their local bank, and it’s our responsibility as regulators to do all we can to the fullest extent of our authorities to ensure that the prices consumers pay are 100 percent fair and accurate"

While this statement may be factually true, it once again mixes two separate issues intended to mislead and deceive.  It mentions that consumers are hurting from high prices and that the "authorities" can do something about IT; IT OF COURSE BEING THE HIGH PRICES WHICH IS NOT THE "AUTHORITIES" JOB TO DO ANYTHING ABOUT. Prices should be set in a FREE MARKET and not manipulated to work in the favor of the powerful interests like the banks who own and run our government.


IN FACT, THE AUTHORITIES AT THE FEDERAL RESERVE ARE CAUSING THESE HIGH PRICES WHICH HURT THE CONSUMER BY CREATING MONEY OUT OF THIN AIR AND CALLING IT QUANTITATIVE EASING.

And so it goes, the Federal Reserve, The Big Banks, The CFTC, Obama and The Congress of The United States all working together to ROB THE AMERICAN PUBLIC and TO ACT LIKE THEY ARE DOING SOMETHING TO HELP, WHEN IN FACT, THEY ARE THE CAUSE.

Sunday, May 22, 2011

How Many People Will Go Hungry When The U.S. Dollar Ponzi Scheme Collapses?

The U.S. Dollar which is not really even a dollar but rater a "Federal Reserve Note" is nothing more than a mirage in the desert.  Federal Reserve Notes are just that, Notes.  What is a Note? It is a formal piece of paper that says one person owes another money, in this case the Federal Reserve.

But what are they going to pay you back with? More Notes of course. And what makes these notes valuable? Nothing more than the belief of the people who use them.

And how are these notes created? Quite simply they are borrowed into existence. This means that Money is just debt. So if all of the debt were to be repaid tomorrow, there would be no more "official Money". FIAT PONZI CURRENCY NOT BACKED BY ANYTHING EXCEPT HOPE.

But one day, and probably sooner than anyone expects, the CONFIDENCE IN FIAT DEBT CRACKHEAD MONEY WILL COLLAPSE ALMOST OVERNIGHT!

People will wake up in a MASS CONSCIOUSNESS AWAKENING and they will realize all at once that THEY HAVE BEEN ROBBED BY THE BANKERS AND THEIR OWN GOVERNMENT.

The people will realize that the government has borrowed so many FIAT DEBT DIGITS into existence and they are all worthless NOTES to be repaid with more worthless notes.

At that point there will be a massive rush to get anything they still can for the FIAT DEBT PONZI money that they have. They will see Silver and Gold rising huge amounts every day along with prices in all necessities rising as well.

To quote Richard Russell, "A hungry man is an angry man, and a hungry, angry man is a dangerous man."

If you haven't done so yet, get out of FIAT TRASH MONEY and buy physical silver and gold, money of history. Don't wait for the stampede, because you will already be too late.

Got Silver?

Saturday, May 21, 2011

Quote From Ted Butler On Silver

Theodore Butler, a silver investment researcher, states that:
"In terms of its necessity to a modern society, silver has the highest value and the greatest utility. An ounce of silver has more value to industries that must have it than does an ounce of gold. An opportunity exists because the current price doesn't reflect this fact."

Friday, May 20, 2011

Another Opportunity To Ride The Silver Bull

This silver bull market has been a wild ride.  Riding the silver bull is like riding no other bull market, it is much more violent..... both to the upside and to the downside.  Especially to the downside.  Jim Sinclair recently wrote "Silver - thy name is volatility" and he is right.

But taking a longer term perspective on it, you will find that if you hopped on this bull by buying and possessing physical silver bullion at the $5.00 per ounce level,  you have done very, very well to say the least.

Take a look at a long term chart of silver and you can see just how things have progressed.  We just about touched the old Hunt Brothers high of $50 recently.  Of course we have had a sharp manipulated selloff compliments of the Crooks at the CME, CFTC, JP Morgan Chase, HSBC etc....... Ad Naseum... BUT, the important thing to remember is that you have made a decent amount of FIAT so far.  Like 7 Times your original investment at todays price of $35 per ounce of silver.

Silver isn't even above its nominal high of $50 per ounce let alone anywhere near where it would have to be adjusted for inflation.

So, if you have been watching from the sidelines and haven't gotten any physical silver yet, now you have a chance to get in around 35ish.  Get physical only.  Then enjoy the volatility on the upside and maybe take some FIAT off of the table when Silver gets crazy to the upside next time.

Thursday, May 19, 2011

Do You Really Think Silver Is In A Bubble?

Then you must live in a bubble.  Really? Silver in a bubble?  With more fiat currency and a larger population than ever looking to protect themselves from the endless amounts of fiat taking over the world, silver is hardly in a bubble.

Stacy put together a great article that shows that silver in not in a bubble.  Definitely worth the read.

Expect The Unexpected In Silver

After a great correction in price like we’ve just witnessed, there always exists the feeling that the silver game may be over, or over for a long time...especially when a large number of commentators are echoing this sentiment. But feelings are different from facts and the facts argue against this line of thinking. - silver analyst Ted Butler...May 18, 2011

Wednesday, May 18, 2011

Clifton Mining Company (CFTN) From Explorer To Producer

Money has started flowing into the coffers of Clifton Mining Company from its partner Desert Hawk Gold Corporation.  Desert Hawk Gold Corp., is the operational company that is doing the mining and milling on the Clifton Mining properties.  They have completely revamped the Cactus Mill and have spent millions getting the mill and the properties ready for production.

According to today's press release, "The pipeline is now filling and Clifton has now received its first check for ore processed and sent to the smelter for refining. Clifton expects to receive checks on an ongoing basis from operations."

The cash flow should only get larger and larger as operations are ramped up.  The beauty of this arrangement is that Clifton Mining doesn't have to do anything at all except sit back and collect the money.  Clifton gets a percentage of all of the ore produced just like a royalty company.

As of December of 2009, Clifton Mining had less than 54 million shares outstanding.  With this low share count and money flowing into the coffers, Clifton is taking on a whole new look and feel.

Tuesday, May 17, 2011

Silver To Be Re-Monetized In Mexico Soon

According to an interview with Hugo Salinas Price on KWN (King World News), Silver is in the process of being reintroduced as circulating currency in Mexico.  Mexico recently purchased 100 Tons of gold in a effort to diversify their reserves as they must see "the writing is on the wall" that currency destruction and financial ruin are coming to America very soon.

Mr. Price was quoted as saying "I can’t help telling you that we have very strong support in the Congress for the monetization of silver, very strong support.  Congress is not in session now and will not be back in session until September, but I have high hopes that when both the upper and the lower Houses reconvene in September that we will see something very good happen.”

When asked if the monetization of silver in Mexico could happen in one, two or three years Hugo Salinas Price replied, “I think it could happen sooner than that, I think that it might happen this year.  Things are looking good.  Of course I have been saying this for some time, but now I am saying it with more emphasis...The idea is now firmly entrenched and it’s only a matter of time before we see some action.”

Read more here:   http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/16_Hugo_Salinas_Price_-_QE_in_US_Will_Lead_to_Utter_Destruction.html

Supreme Court endorses warrantless search based on marijuana smell

WELCOME TO AMERIKA, MAY I SEE YOUR PAPERS PLEASE?  America, no longer the home of the free or the brave, has become a police state where citizens no longer have any rights.  Other countries are now taking the lead in freedom where America once stood proud.

Justice Ruth B. Ginsburg was in the minority, opposing the majority decision made by the court.

"The court today arms the police with a way routinely to dishonor the Fourth Amendment’s warrant requirement in drug cases," she wrote. "In lieu of presenting their evidence to a neutral magistrate, police officers may now knock, listen, then break the door down, nevermind that they had ample time to obtain a warrant."

Source:  http://rt.com/usa/news/supreme-court-warrantless-search-marijuana/

Bank Runs Coming To America. Citizens Will Flee To Precious Metals.

According to Eric Sprott, who has been correct on his calls on Silver and Gold, U.S. Citizens will begin to flee the banking system and head into gold and silver.

Sprott says "The Dominoes Are Starting To Fall" in the U.S.  He also said Silver was "manipulated down" after it fell $6 US in 13 minutes on a Sunday evening when trading was light.

Read more: http://www.theprovince.com/business/Savers+flee+banks/4786414/story.html#ixzz1MbiPQa32

Comex Registered Silver Continues To Decline: Silver Prices Manipulated Lower

With the continued drop in registered Comex Silver inventory, something funny is happening in the Silver market.  The price is going down.  So let's get this straight, as the available amount of silver on the Comex is shrinking quickly, the price is shrinking as well.  Ok then, there you have it.  This must be a totally free trading market and the U.S. Dollar price of silver must really accurately represent the value of silver today. Right?  ;)

To me, something really stinks.  The amount of "paper" or "electronic" silver being traded in ONE DAY on the Comex, which sets the "Paper" or "electronic" price of silver is routinely as much silver as is produced in the entire world ANNUALLY.  

DO YOU SMELL THAT STINKY SMELL OF SILVER MANIPULATION IN THE PAPER MARKET? I SURE DO.

Chart Source: 24 Hour Gold

United States Of America Ponzi Scheme Headed For Disastrous Collapse

Remember this my friends:  Federal Reserve notes are nothing but debt.  All money is created by being borrowed into existence.  Credit expansion always ends badly.

“THERE IS NO MEANS OF AVOIDING THE FINAL COLLAPSE OF A BOOM BROUGHT ABOUT BY CREDIT EXPANSION. THE ALTERNATIVE IS ONLY WHETHER THE CRISIS SHOULD COME SOONER AS THE RESULT OF A VOLUNTARY ABANDONMENT OF FURTHER CREDIT EXPANSION OR LATER AS A FINAL AND TOTAL CATASTROPHE OF THE CURRENCY SYSTEM INVOLVED.”
Ludwig von Mises – Austrian Economist (1881- 1973)

Monday, May 9, 2011

Silver UP 6% Today. Don't Expect It To Take Too Long To Take Out $50

Did you take advantage of the massive silver liquidation to load up on some physical this weekend?  If so, I bet you had to pay significantly more than spot price.  At lease a few dollars and possibly much more.  With silver continuing to stay in long term backwardation, don't expect it to stay down here too long.  I expect some consolidation throughout the rest of may and early June and then see it taking out the $50 high permanently.

That's right.  $50 should fall for good.  With all the fiat shit paper money being created around the globe chasing commodities, silver as monetary and industrial metal should be heading much, much higher over the long term.

Don't get cute, get physical metal and sit on it.  Protect it.  And you will come out of the great dollar collapse in much better shape than most of the sheeple in AmeriKa.

Sunday, May 8, 2011

Keep Your Eye On The Gold To Silver Ratio

This chart is the key to what happens next with silver.  After attempting to break through the 45 level three times since 1984, the gold to silver ratio finally did just that on silver's run up to $49.75.  This surge in silver relative to gold knocked the ratio all the way down to 32.  With the massive correction that silver has just experienced, the ratio is now back up to 42.26.  This is looking like a case of testing the breakout or testing the breakdown however you want to look at it. Look at this chart and you can see where we have been and where we are now.



The point is this.  Silver finally broke out in terms of gold and quickly ran up in price.  It is now getting close to testing the 45 area of support/resistance.  If it holds, look for silver to once again move rapidly higher in terms of gold as gold heads higher at a slower rate of appreciation. 

I fully expect that the gold silver ratio will once again reach 16 or possibly lower than that.  Owning silver can be a religious type of experience.  As Jim Sinclair put it, "Silver, thy name is Volatility".

Saturday, May 7, 2011

Silver to Gold Ratio Chart Update

After rising sharply in terms of gold, the silver to gold ratio has dropped sharply during the CME raid on Silver as they hiked margin levels repeatedly.  The Silver to Gold ratio is coming down to support levels and has possibly already reached its low. 

Look at this chart and note how swiftly the ratio corrected and how it has bounced off of the first support area.  If this area fails, there is much stronger support just a little bit lower.

Remember, annual silver production is roughly nine times more than annual gold production.   I am betting that this is just a correction and once it is tested, the silver to gold ratio will continue higher from hear after consolidating.

Friday, May 6, 2011

Open Letter To The CFTC

What ever happened to the mandate to institute position limits?  Apparently all government entities and banks like JPM are above the law?  What about the fraudulent take down of silver futures once again, this time caused by the CME raising margin requirements 5 times in 8 days in what is truly a blatant fraud meant to enrich the banks at the expense of the speculators etc....?

Bart Chilton, what ever happened to you?  What happened to the Silver Manipulation that you told us you had uncovered?  Are they forcing you to keep quiet now?

You obviously know that the Comex is running out of silver.  You know that the Comex is trading in one day, more paper silver than is produced in the entire world annually.  All this being backed by 33 million ounces of silver?  Really?

Come on guys.  Let's get real.  Let's follow the law. 

Thursday, May 5, 2011

Is The Silver Correction Already Over?

I think we are already close to a bottom here in silver.  This has been an insane move down based on paper selling of silver futures contracts and liquidation of speculative paper silver positions initiated by the FRAUDULENT CME, who hiked margin requirements on Silver FIVE TIMES IN 8 DAYS.  Total BullSh****T.  But, I think we are seeing the bottom right now at $35.73.  For all of you who missed the boat on the run up in silver price from $5 to $50, here is your second chance being handed to you on a SILVER PLATTER.  Buy when there is blood in the streets, Sell when everyone has to have it.  I smell BLOOD. BTFD mutha Fers. Oh Yeah, MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION.  Don't Buy SLV, or Futures or Pooled Accounts or any other bullSh*t paper silver product.  Get the metal in your hands and don't let go. Could it go lower. SURE IT COULD.  It silver at a very attractive price here? Yes. I'm getting more now and if it drops further I'll get some more.

CFTC, CME, COMEX & CRIMINALS

How can the CFTC allow this type of criminal plundering of the silver price by virtue of FIVE, COUNT THEM FIVE, margin increases in a matter of 8 days.  Is this normal for any futures market?  NO.  Did they really do this to "decrease volatility"?  Are out of your Fu**ing mind?  Of course not.  The entire operation of the CME to raise margin requirements this swiftly in an unprecedented manner is to knock the shit out of the PAPER/ELECTRONIC Silver Price.  That is all.  This is purely criminal behaviour and it is endorsed by our public officials and propagated by the big banks like JP Morgan who are short more silver than is available to deliver PHYSICALLY.  This is a big con game and it smells of fear and greed and desperation.  How far will this drop in PAPER SILVER go?  Great question. 

Of course NO ONE knows for sure, but like I said before, Buy The FuC*I*InG DIP Bitchez.  Cuz you will be rewarded handsomely in the future.  But, be sure to buy physical silver only so this way you won't be separated from your metal when the CROOKS run BullSh*T Paper operations like what you are witnessing right now.

Jim Sinclair always says to SELL THE RHINO HORNS, and to BUY THE FISHING LINES.  Guess what?  There was a big Rhino horn and now the fishing line is going deep.

Remember this, they are now trading the total annual worldwide production of silver in 1 day or less.  But, this is just trading paper IOU's of silver.  The COMEX IS RUNNING OUT OF SILVER.  Look at the chart below from 24hGold.com.  The silver price is not in a bubble.  It is just the opposite.  It is at the VERY BEGINNING  of a massive move up in prices.  BTFD.

Tuesday, May 3, 2011

Buy The F'ing Dip Bitchez!

Mutha F'ing Time To buy The Dip in Silver.  Fifty Dollars is the ultimate battle line for silver.  It is the all time high from the Hunt Bros. time.  Silver got to $49.75 on this last attempt b4 getting blasted lower in thin trade on electronic markets when other markets were closed.

When the amount of silver contracts trading on the Comex exchange in One Day is more than the total amount of silver being mined and refined in an entire year, you know things are getting completely out of control.

Is the silver ETF, SLV, a fraud?  Is the entire ETF or the majority of SLV actually just fractional reserve paper silver?  This is a theory that many smart people who have read the prospectus believe. Is the Comex running out of silver? Look at this chart and decide for yourself!  This is one of the most unbelievably bullish charts for silver that you could ever see.  It is a f***ing beauty to behold.  If you think this is the end of the bull market in silver then you are out of your freaking mind.  Silver is SCARCE.  There is less silver available for investment than there is gold.  Silver is the most volatile metal so you have to have a strong stomach to handle owning it and more particularly trading it.  You can only get wiped out by trading paper silver.  If you just buy physical silver and hold it, you will make lots of FIAT shit currency over time.



Silver Volatility Is Outrageous. Thankfully The CME Has Put An End To It.

CME raises margins on Silver 3 times in 7 days in what they claim is a response to too much volatility.  Well, now that silver has dropped from its high of $49.75 to around $40.00 in a matter of days, it looks like silver has become docile and non volatile thanks to the margin increases.  (Sarcasm).

Jim Sinclair says to relax.  This always happens.  Especially with silver.  As Jim so eloquently put it, "Volatility, Thy name is SILVER".

Monday, May 2, 2011

Is A Comex Silver Default Imminent?

Take a look at the amount of Silver available for delivery in the Comex warehouses and you will see why the CME who runs the Comex Exchange has found it necessary to hike the margins on Silver Futures Contracts 3 times in the past 7 days.  It looks like we may be scraping the bottom of the silver barrel.  Visit 24 Hour Gold for the live interactive chart.

Is The SLV ETF A Fraud?

Mark McHugh from Across The Street Blog asks, "Is The SLV Wired To Blow?"

Feel free to choose your definition of what Wired To Blow means, but it sounds pretty damn ominous to me.

This guy brings up some great points so it is definitely worth the read.

CME Group Hikes Silver-Futures Margins By Another 11.6% After Hiking Twice Last Week

Hmmmmmmm.  Do you think there might just be a little problem at the Comex with Silver inventories?  I wonder why they are feeling the need to keep on hiking those margins up by 10+ percent per hike?

Comex Silver Default Imminent?  

Read More Here

Western Illinois Univerity Students Attacked By Police Using LRAD Sound Weapons, Mace and More

http://RTR.org | Annual year-end block party at Western Illinois University ends with riot police. Students attending the Wheeler Block Party were met by a Multi-Jurisdictional Task Force who used tear gas, LRAD sound weapons and crowd suppression tactics to force students into their homes. Gary Franchi is joined by eyewitness and victim of the raid, Julio Rausseo to review video footage and recount the abuses against the students. Establishment media and law enforcement have begun to spin the story ignoring the rights abuses. Please spread the word of this report and help get this story out.

Sunday, May 1, 2011

Silver Down Almost 9% In Sunday Evening Trading

Silver is getting hammered lower right now as the U.S. Markets are closed on this Sunday evening.  Silver has traded as low as $42.17 after closing just shy of its all time high of $50.00 last week.  This has all of the classic looks of a bear raid by JP Morgan Chase who is the biggest silver manipulator in the market.  I for one will be buying the Fu**ing dip on Monday morning if I am lucky enough to have these prices last that long.




I've been looking for a good pullback to add to my physical silver holdings as the big banks like JPM sell boatloads of unbacked paper silver into the market in order to manipulate prices lower.

Like Jim Sinclair said recently, by the time silver is at $75 and gold is at $2000, there will be no more margin requirements as the market will move to all cash.

BTFD and crash JP Morgan.