Don’t Look Now, But Something BIG Is Going On With Silver
by SGT, SGT Report.com:
Ever since the London silver fix broke late last week (for the first time in recorded history), silver has been on a tear. Granted, the dollar lost some ground over the past week, but it’s becoming clear that something BIG is going on in the silver market.
Not only did silver NOT respond to the criminal banking benchmark “fix” which attempted to set the price at $13.58 on January 28th, the price of silver has steadily risen ever since, today ending above $15.00.
Again, something BIG is going on with silver. As was reported, Historic Event: LBMA Silver Fix Breaks, on January 28th, Ole Hansen, head of commodity strategy for Saxo Bank, told FastMarkets “It is not a mistake. This could be the end of the fix.”
If you think that’s big news, the bleeding of silver inventories at the Comex over the past couple of weeks is the incredibly gripping subplot to this incredible story of the City of London’s graft.
According to our friend the Wealth Watchman, something is very wrong on the silver scene!
The Watchman reports, last Friday the Comex registered silver category bled roughly 7.8 MILLION ounces in one day! This equates to over 21% of total registered silver stocks, gone in 24 hours!
Friends, as world fiat currencies and derivatives laden banking giants like Deutsche Bank accelerate the process of burning to the ground, you have front row seats to the best show in town.
The PHYSICAL trumps PAPER silver story matches the best plot Hollywood could ever conjure up. Grab your popcorn, if the movie is as good as the screenplay, it’s going to be a hell of a flick. This has just been the previews.
Wake me up when it rises faster than it falls.
A Possible Sign of a Silver Turn
Keith Weiner
http://www.silverbearcafe.com/private/02.16/sign.html
Well i will be holding fire and waiting to see if silver hits $12oz like i have been saying.
Gold and Gold Stocks Skyrocket As Stock Markets Falter
https://www.dollarvigilante.com/blog/2016/02/06/gold-and-gold-stocks-skyrocket-as-stock-markets-falter.html
I’ll have my fingers crossed…
I think its going to go up even more. I can see silver hitting double or triple – maybe $50.00 within a year’s time. Now is probably a good time to look at GPL or GLD for investments.
More stories at Globalist Report
I think its going to go up even more. I can see silver hitting double or triple – maybe $50.00 within a year’s time. Now is probably a good time to look at GPL or GLD for investments.
More stories at http://www.globalistreport.com