Ted Butler : “Crunch Time for Silver”
July 2nd, 2009 by bullion review
www.investmentrarities.com Ted Butler believes Silver will rise rapidly in the short term. A great article…. not just for its bullishness, but its reasoning! ted butler, silver price manipulation, silver investment, investing in silver, silver, silver bullion, silver etf
This entry was posted on Thursday, July 2nd, 2009 at 2:35 pm and is filed under Silver. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
July 2nd, 2009 at 2:35 pm
Wow - now that is putting your money where your mouth is - balsy.
July 2nd, 2009 at 2:35 pm
Crude oil just moved out of consolidation, same copper…It’s gona be interesting…
Only SSDD on COMAX
July 2nd, 2009 at 2:35 pm
for the past 5 months, I’ve been collecting and applying for all the visa cards and credit the banks will throw at me…. I’ve got about 50k in credit cards that on monday will go into silver… if im not too late. thats a kind of leverage.
July 2nd, 2009 at 2:35 pm
The flaw of physical silver is you can’t buy on margin. So silver is up 30% and same your money.
That’s why many of us still gambling in the crooks casino (COMEX) hoping that dealer eventually will be busted
July 2nd, 2009 at 2:35 pm
@formulaprimer
I must really be butchering my posts - nobody understands.
I’m talking about physical silver, nothing else. I’m asking if the recent surge in investors buying PHYSICAL silver might be responsible for the massive rise in the price of PHYSICAL silver over the past months. (No matter what the Comex price is doing - including going way down - doesn’t seem to effect the price of PHYSICAL silver anymore.)
Does anyone get me?
July 2nd, 2009 at 2:35 pm
Well I just bought 45oz of silver, I don’t care if silver shot up like crazy yesterday, as long as it’s under $20AUD I’m happy.
Haven’t bought in a few months, so i needed new silver in my dusty treasure chest!
July 2nd, 2009 at 2:35 pm
Interesting but Comex and other exchanges represent paper silver and gold prices. The amount of paper gold and silver contracts does not equal to the actual physical gold and silver out there that is why the physical price does not match the paper price.
July 2nd, 2009 at 2:35 pm
Strengthening of gold causes the dollar fiat system to collapse. Currently if US backs its money with gold that would put gold at over $50000.00 per oz. So having gold does nothing to help the US because we have it peak debt and it is just like peak oil principles. Yes that is how much paper fiat the fed had printed out of thin air.
July 2nd, 2009 at 2:35 pm
Isn’t that a fairly massive transfer of wealth, then? Real money flooding out of the country to foreign banks, corporations, and governments, while we seem to be importing (and printing) paper?
Also, why would the US be getting rid of so much gold and silver? I imagine it has to either be to get capital to cover losses and prop up failing organizations, or to generate funds to buy back into the bear market rally they’ve got going on.
July 2nd, 2009 at 2:35 pm
100% pure truth - could anybody believe that J.P. Crooks didn’t know first… so seems to me FED is backing they up
July 2nd, 2009 at 2:35 pm
True.
My vids on US banks not only agree with that concept… it proves it.
July 2nd, 2009 at 2:35 pm
Looking at today’s silver chart, an obvious truth appears. So obvious that I’m aware nobody else is talking about it, which makes me think I’m mistaken. But here’s what I see.
When trading opens in New York, silver prices steadily drop until closing bell. Then, it shoots back up, almost as high as it was. Then it flounders for the rest of the night, until morning when it falls again.
Analysis: The USA is selling silver as fast as they can, and the rest of the world is buying it up.
True?
July 2nd, 2009 at 2:35 pm
@genghis6199
Sorry, I probably wasn’t clear. We’re buying a lot of physical silver right now, that much is known. I don’t know how much more than normal, but physical silver is being snapped up - nobody can deny that. My question is: Could this be the cause of the jump in the PHYSICAL silver price (around $20/oz now)? It just goes up and up, even as the COMEX silver price drops.
July 2nd, 2009 at 2:35 pm
awesome article
July 2nd, 2009 at 2:35 pm
Going, Going and gone! How do you like that Ben Bernanke… ! I am loving it, finally a breakthrough, the hammer has finally fallen…! Next the Comex! If you have ETF’s now is the time to take delivery, demand your silver, do you hear me DEMAND your silver. Comex Going, Going………..
July 2nd, 2009 at 2:35 pm
What a reversal of gold and silver prices!!! The buying back its own debt is like the bank being the buyer and seller of its own debt. Get ready for major currency devaluation of the dollar and the bond bubble popping.
July 2nd, 2009 at 2:35 pm
yeah I just realized…wtf
July 2nd, 2009 at 2:35 pm
fed announced they would be buying their own debt.
July 2nd, 2009 at 2:35 pm
Well something odd just happened with Gold and Silver… the first of many explosions?
July 2nd, 2009 at 2:35 pm
We just broke the $12 mark. U$D11.97 right now.
I think this is a gift from heaven, thank God for the backwardation! Now I can buy some more yummy juicey Silver! by the kilo even!
July 2nd, 2009 at 2:35 pm
we’re not affecting the price because it includes lots of paper silver. once the paper silver evaporates the small guys are holding a bigger stake relative to the market. i see it as private citizen stealth buying.
July 2nd, 2009 at 2:35 pm
what i notice is it drops in new york, but rises gently everywhere else. it looks like i’ll get my extra week or two for buying. i would consider about 16 dollars my ceiling in the long run.
July 2nd, 2009 at 2:35 pm
john got another question, whats the longest silver has been in backwadation
July 2nd, 2009 at 2:35 pm
… medical applications being discovered and just the physical reality that we’ve used a great deal of it up already.
Is the real market for silver (and to a degree, gold) breaking through the manipulation now, finally in a noticeable way?
*cough* oooff….. what was in that cig?
July 2nd, 2009 at 2:35 pm
Question: Is the amount of silver being bought right now by the silver-aware investor out there (like us) having ANY effect on the supply of physical silver left? If so, could that be contributing to the dramatic increase of physical silver’s price compared to the market spot price? Maybe the real market is already emerging and breaking away from the phoney manipulated one?
It’s not just us and others like us all over the place, of course, there’s the closing of mines and industrial and…