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Thursday, 5 January 2012

Keep an "eye" out...........from Rico

Silver.

The Silver market is worth keeping an "eye" on.
Supply?
Demand?
Both are pretty clear and quantifiable.
- Unquantifiable is the 'manipulation' by the paper "shorts" like JP Morgan, et al.

Deliverable bullion remains very scarce.
- Paper Silver is as 'easy' to create as paper money (fiat).

I have not yet done the math for the suppression of Silver bullion from $50 to the high $20's/low $30's...but I have for Gold.
- Gold closed the year +10%. At that point it was 18% down from it's high, or....some of you may have to step into the shower for this one: it would have been "up" 28% if it had not been manipulated/suppressed. I have a feeling the numbers are even more depressing for Silver.

There is a LOT of motivation by not only Central bankers who deal in fiat, but by Bullion bankers trading short naked paper to try and keep a 'lid'on things as long as possible.

Look at these charts and decide for yourself.




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