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Silver Futures Dec 2016 (COMEX:SI\Z16)

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Last Post: 7/3/2016 11:59:43 PM - Followers: 5 - Board type: Free - Posts Today: 0

Silver - history - very Long Term LT oversold - undervalued -
the manipulation creates hardship for Silver miners worldwide -
in the future it will explode - the more manipulation -
the higher Silver will fly -

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Silver to Surge to $450/oz and Gold to $12,000/oz – Cazenove's Robin Griffiths

By Mark O'Byrne

Gold and silver are higher this morning with the dollar, the British pound and commodity currencies falling in value. It is too early to tell whether the recent margin driven, paper sell off on the COMEX is over but physical supply remains limited while demand remains robust, particularly in China, India and wider Asia.

Cross Currency Rates

Knowledgeable experts continue to urge investors to own gold and silver due to the likelihood of much higher prices, currency and inflation risk.

One of the most respected global technical and macro strategists in the world, Robin Griffiths has said that silver and gold could rise to $450 and $12,000 per ounce respectively due to the debasement of paper currencies.

Dow Jones to Gold Ratio - 50 Years (Quarterly)

Griffiths was chief technical strategist with HSBC for over 20 years, has 44 years investment experience and now works for Cazenove Capital, one of the oldest investment houses in the world tracing its origins back to the 17th century. It manages money on behalf of blue blooded clients and is widely believed to manage some of the British Royal family's wealth.

When asked by King World News if his $350 target was a realistic price level for silver Griffiths stated, "That is absolutely not unrealistic. If you adjust the old all-time high for inflation...that gives you $450 for silver. Then you add in the fact that they are printing money, you can take it higher than that without any difficulty at all."

Dow Jones Industrial Average - 50 Years (Quarterly)

Griffiths told King World News that "Bulls (bull markets) are very successful at wobbling people out at the wrong time. "

Griffiths has previously said that not owning gold today is a form of insanity and "may even show unhealthy masochistic tendencies, which might need medical attention." (see here)

He has also critiqued the western media's superficial coverage of gold and their resort to Warren Buffett's ignorant comments on gold despite money printing and international currency debasement on a scale never before seen in history .

Meanwhile perhaps the leading commodity expert of our time, Jim Rogers, has said that silver was not and is not a bubble.

Regarding the recent price correction he said, "I don't know what caused it maybe it was short covering, maybe it was rumors. I have no idea." He continued "silver went down a great deal but if you raise margin requirements 150%-200% you would expect something to collapse," he added.

"I hardly see how silver could be a bubble when, even at its top, it's still below its all-time high. That's not much of a bubble."

If it goes to $150 this year, all other things being equal, then I'd say you better sell your silver. If it goes to $150 in 10 years then I would say that's a normal progression up and that's the way things work. But if the U.S. dollar suddenly turns into confetti then you better hold your silver at $200. So it depends on the circumstances and the timing more than anything else.

Since 2003, GoldCore have said that gold and silver would reach their inflation adjusted highs of $2,400/oz and $130/oz. Our estimates appear increasingly conservative especially given the fact that the official inflation statistics have been debased over the years and are not an accurate reflection of real inflation.

Predicting the future price of any asset class is impossible. Predicting that gold and silver will continue to protect against financial and economic shocks and crashes and global currency debasement is possible.

The current correction should be used as another buying opportunity in order to protect against the continuing extraordinary degree of macroeconomic, monetary and geopolitical risk in the world.

Biggest Scam In History -
(speakers on )

Silver Futures -

Silver Futures Dec 2006 -


The Fiat Money System -
Dr. Bill Veith in studio w/ Alex Jones -

Before the U.S. House of Representatives -
The End of Dollar Hegemony -

Useful PM related sites: (Korelin Business Report -- audio) (in Spanish) (in English)

Subscription sites:

Eagle Ranch discussion site:

Ted Butler silver commentary archive:


Conspiracy World: A Truthteller's Compendium of Eye-Opening Revelations and Forbidden Knowledge

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#102   Silver Doing Great thus far NYBob !! Tadaaa 07/03/16 11:59:43 PM
#101   Wooot Woot, good day for Silver ! Tadaaa 06/08/16 06:05:54 PM
#100 NYBob 05/18/16 11:32:44 AM
#99   Silver breaking 17 today !! Tadaaa 04/19/16 09:03:12 AM
#98   2016: Link Tadaaa 01/03/16 05:39:19 PM
#97   Hecla Third Quarter 2015 Financial Results Conference Call NYBob 10/23/15 03:08:27 PM
#96   Silver Futures (SI\Z15) NYBob 10/18/15 05:36:18 PM
#94   200 Day MA = 1.96, be nice to Tadaaa 10/06/15 09:50:20 AM
#92   Moving Up Nice So Far Today ! Tadaaa 09/16/15 12:57:04 PM
#91   PUT GORILLA IN THE HOUSE EATING LEMON Hedgebunny 08/21/15 04:04:21 PM
#90   Exactly, For example MM specialists have no reflection Hedgebunny 08/21/15 04:03:20 PM
#89   Looks like DOW TRIPS!!! FLMAO LOL>.... Hedgebunny 08/21/15 04:02:28 PM
#88   Today they snag your parking spot and flip Hedgebunny 08/21/15 04:01:27 PM
#87   In the 20's, folks were civilized, not today.....GLTA ! Tadaaa 08/21/15 12:51:58 PM
#86   COME ON DOW 6000!!!!! WORLD RESERVE CURRENCY! :) Hedgebunny 08/21/15 10:51:25 AM
#85   Shouldn't take long for housing market to be Hedgebunny 08/21/15 10:46:53 AM
#84   get ready for the worst OCTOBER you have Hedgebunny 08/21/15 10:42:22 AM
#83   Got Silver and Gold Assets,....uh....YUP ! Tadaaa 08/16/15 05:05:50 PM
#82   World Reserve Currency Change in OCTOBER! Hedgebunny 08/16/15 10:25:11 AM
#81   Love me some silver time! Silver Fondler 04/08/15 05:26:30 AM
#80   Fortuna Silver Mines Inc. (NYSE/ FSM ) Priestyle 04/08/15 04:57:48 AM
#79   Nice DD NYBob, got it on watch...GLTA !! Tadaaa 02/27/15 10:27:23 PM
#78   Caledonia Mining´s New CEO Steve Curtis on the NYBob 02/27/15 04:32:44 PM
#77   NICE, appreciate the DD !! Tadaaa 01/16/15 05:27:03 PM
#76   Scorpio Mining Corp. (SMNPF) very undervalued and oversold NYBob 01/16/15 05:12:54 PM
#75   Appreciate the forum NYBob, GLTA !! Tadaaa 01/16/15 09:24:47 AM
#74   Tadaaa thanks, welcome to Silver Futures - NYBob 01/16/15 01:14:16 AM
#73   $Silver Weekly: Tadaaa 12/09/14 08:57:45 PM
#72   $Silver Daily: Tadaaa 12/09/14 08:54:46 PM
#71   U.S. Silver & Gold Inc. (USA) - NYBob 11/18/14 04:24:28 PM
#70   Silver & Gold Demand Explodes: Western Demand back NYBob 10/03/14 01:59:34 AM
#69   Silver Update 8/20/14 Peak Silver - NYBob 08/28/14 11:16:31 AM
#68   BOB R u At work yet? Hedgebunny 08/26/14 09:47:13 AM
#67   BOB i am usually wrong, lol Hedgebunny 08/21/14 10:32:16 AM
#66   Hb thanks for the heads up - NYBob 08/21/14 02:13:16 AM
#65   I think Your right BOB, just my own Hedgebunny 08/20/14 03:37:11 PM
#64   U.S. Silver & Gold reports second quarter financial NYBob 08/20/14 09:43:54 AM
#63   Great Info Bob, thank you. Hedgebunny 06/24/14 01:47:04 AM
#62   Gold / $7000 Commentary McAlvany & James Currency NYBob 06/24/14 01:15:15 AM
#61   Hedgebunny welcome to Silver Futures Dec 2014 - NYBob 06/24/14 01:03:39 AM
#60   Hi Bob, thanks for that chart, interesting! Hedgebunny 06/24/14 12:44:33 AM
#59   Chinese Gold Production plus Net Imports - NYBob 06/23/14 04:55:51 PM
#58   Hi BOB, Hedgebunny 05/04/14 11:50:56 PM
#57   Great Panther Silver, Ltd. (GPL) the more cabal NYBob 05/03/14 03:33:07 PM
#56   Silver Spot FOREX Foreign Exchange and Precious Metals NYBob 03/24/14 01:29:28 PM
#55   Hedge Funds Are Switching To Gold And Silver NYBob 02/04/14 03:17:42 AM
#54   Eric Sprott 2014 Price Prediction Gold & Silver NYBob 11/27/13 04:20:09 PM
#53   Open Letter to the World Gold Council NYBob 10/23/13 02:07:54 PM
#52   Maybe reversal is on for Silver Futures here, NYBob 09/27/13 10:21:07 PM
#51   Gold and Silver Predictions 2013 Economic Outlook - NYBob 07/25/13 03:22:22 AM