Silver: NEWS

Hi all, it seems a while since my last post.  I was fortunate enough to have had a weeks flying lessons last week so I hope you can forgive the slight delay….

What a wonderful update I have for you this week, Silver is on the move!  You may remember (don’t worry if you don’t, just click the link dated 12^th Feb); I am quite proud of that prediction but we are not even scratching the surface of the future moves in the Gold & Silver price movement.

Silver is on the move, take a look at this chart spotted today on Arabian Money - Silver Potential Price

The essence of the article is that, as Gold rebounded from its ‘Double-Bottom’, Silver is following an ‘opening Wedge pattern’…..Don’t roll your eyes, I’m not making this up!

Look at the chart and observe two areas of price strength, around $7.50 - $8 in 2009 and $17.50 - $20 in 2014.

Respected Commodities analyst and Silver bull, Clive Maund says Silver will now bounce up to $100 p/Oz excellent news, and I totally concur, and expect to see even larger figures for the spot price of Silver as the price manipulation investigation is followed through to its conclusion.

The Crimea

Unless you have been on a jungle safari with no access to a radio, you will know about the ongoing crisis in the Ukraine.  This blog is not the forum for debate as to what is right and wrong in this political situation, rather the purpose is to inform about how it affects our Gold & Silver interests.  We can see that as ever the west has an ulterior motive for applying pressure to Russia and the vast reserves and production facilities of Oil available in Ukraine, read a full and comprehensive article here - goldsilverworlds.com

Not wishing to go into the weeds here, but this article eventually gets on to China and its massive debt bubble now struggling to sustain itself in the current economic climate (not helped by geopolitical events such as Crimea vs Russia and a fragile U.S economy).  The U.S being the worlds largest economy, globalization has rendered the developed and developing world interconnected economically; most, if not all external states hold massive reserves of U.S Dollars (mistake), but because the U.S Dollar is on the verge of collapse, (it is indeed), heads of States are duty bound to preserve the economic interests of their own, therefore States are ‘dumping’ the Dollar, check out the image below

What is most interesting in this article is, the open acknowledgment of the decline of paper assets: Stocks, Bonds, ETF’s etc, as they are all linked to the U.S Dollar, and the ever increasing rise of the price of Gold.  Take note, stock up!

As I'm writing this post, I'm listening to a Youtube post by SGTReport.com, in short its an excellent analysis of whats going on in the global economy and the physical movement of our beloved Gold, Check it out, and more importantly what will you do when you have listened to it? SGTReport - Gold 16 Mar 14

Visit www.isnmoderncoins.com/18386 for Gold & Silver bullion.

‘..It wasn’t raining when Noah build the Ark’

Howard Ruff