STRIEBRO – manipulácia a nedostatok sú už evidentné
Nastáva čas, kedy každý investor by mal vlastniť striebro....
As I have written recently, there are unusual patterns that strongly suggest that the silver shortage may be at hand. The delays of silver deliveries into the big silver ETF, SLV and the inability of the US Mint to keep up the sudden and persistent demand for Silver Eagles are two important and visible clues. Currently, there are many reports of widespread tightness in many wholesale and retail silver outfits.
What does a shortage in silver mean? In a word, everything. If the initial clues of a silver shortage get transformed to the industrial silver users and large investors, in terms of increased physical demand for 1000-ounce bars, the industry standard, then say good-bye (and good-riddance) to the silver manipulation.
The fact that there is unprecedented demand for silver at precisely the same time as a sharp and sudden sell-off in the price, should confirm to even the most obstinate skeptic the existence of a silver manipulation. So clear is this evidence of manipulation, that there is no longer any credible public denial of it. Now only the CFTC and the NYMEX contest its existence, as they must at all costs.
Finally, an often repeated message for gold-only investors. If you own no (or little) silver, and have insufficient capital with which to invest in silver currently, please switch some gold into silver. You must clearly see the evidence of a growing silver shortage. The clues and reports of shortage are, most emphatically, silver specific. There is no such shortage in gold, nor will there ever be, in my opinion. That’s because gold is not industrially consumed to the extent of silver. That does not mean gold can’t soar in price. In fact, I hope it does, as it will underscore the value of silver. But your common sense should tell you that a precious metal in shortage must climb more sharply in relative value, compared to a precious metal not in a shortage, especially when the shortage-prone metal is so undervalued to begin with.
No one reading these words has any hands-on experience in dealing with a potential shortage of silver. That’s because the world has never experienced a shortage of silver. There is nothing in the specific history of silver to guide us to expected price behavior in a shortage. The closest examples we can draw upon involves the price action of essential commodities that are rationed by natural disasters, like ice or gasoline when a hurricane knocks out power for a week or two. With such a potential silver shortage possibly at hand, coupled with the recent intentional sell-off on the COMEX, it is time to be all in.
Zdroj: SilverSeek.com
25.03.2008
