Financial Advisor
Showing posts with label Silver Trading Tips. Show all posts
Showing posts with label Silver Trading Tips. Show all posts

Why Silver Will Go UP for Years to Come!

Why Silver Will Go UP for Years to Come!

(Floods of paper money!)

1.  No nation on earth is using silver as a circulating medium of exchange.  The State of Utah is leading the way by making it legal tender.

2.  All nations on earth are using paper for money, which is about as wise as building houses out of straw.  The amount of paper money is uncountable, and is constantly soaring to new highs.  The USA stopped reporting the amounts of money in the banks back in 2006, and the banks in 2008 started depositing a lot of their bailout money with the Fed banks, making it even harder to track.  All of that marks the beginning of hyperinflation, which appears to be starting now. 
3.  The Federal annual deficit, which is how much they spent more than they took in, is $1.66 trillion, or $830 billion for the first half of fiscal 2011.  Does that count QEII?  What was not counted in that?  How reliable are the figures?  If the figures are wrong, are the real figures likely to be bigger or smaller, and by how much?


4.  The silver market remains tiny. "World investment rose by an impressive 40 percent last year to 279.3 million troy ounces (Moz), resulting in a net flow into silver of $5.6 billion, almost doubling 2009’s figure."  How reliable are the figures?

Recap:  New US Debt:  $830 billion in 6 months.
Recap:  New Silver buying:  $5.6 billion, all year.
Essay assignment, compare and contrast those two numbers. 
Which one is bigger?  Which one is smaller? 
What is likely to change? 
What is likely to stay the same?
If the US government spends new paper money that it does not have, is that inflationary?  Will that make the new dollars tend to go down in value?  If so, by how much?
Are silver prices likely to go up, as new money buys silver to protect itself?  In your opinion, much new money will be likely to buy silver next year?  How much do you think the silver price will continue to be driven up, in the next year, by such buying?
Is the US government likely to suddenly balance the budget by next year, or will the spending like a drunken sailor be likely to continue?
If you convince your friends to buy silver, are they more likely to thank you, or not, as certain trends and fundamentals continue?

I strongly advise you to take possession of real gold and silver, at anywhere near today's prices, while you still can.   The fundamentals indicate rising prices for decades to come, and a major price spike can happen at any time.
Follow me on facebook!
http://www.facebook.com/jason.hommel   

Sincerely,
Jason Hommel

 

0 comments
Labels: , , , , , , ,

This Is the Critical Number to Watch for Silver

By Chris Weber, editor, The Weber Global Opportunities Report

 Here's my dilemma: I love the silver and gold area. I have more money in silver than in any other asset. And combining both silver and gold, I have about 75% of my total net worth in these two precious metals. This includes everything else I own: property, stocks, cash, etc.

To me, silver is that asset class that has the most potential to give profits in our age. So far, this has been the case. From $4 in late 2001 to nearly $31 at the end of last year, this is a profit of over 650%. You tell me if any other index or asset class has done better since 2001.

But, knowing silver as I do (I first bought it back in 1971), I know that it can quickly plunge, even if that plunge turns out to be temporary. And the last thing I want for my newer readers is for them to buy silver in large percentage terms and then see it fall by 30% or more. My heart has been sick at the numbers of people who have panicked and bailed out of silver when this happens. Usually, they never get back in.

This was the case for the last great silver bull market in the 1970s, and it has been the case this last decade. Last time, silver soared from $1.29 to around $48. That's a rise of over 3,600%. Yes, I was lucky to get in near the bottom and get out near the top. But I simply bought and held during all the many plunges during that time. But when silver plunges over 50% in a few months, the instinct is to panic.

We've seen such a move already this time. In March 2008, silver had just popped above $20, having soared by nearly 80% in price since that prior August.

Then it corrected.

First, it plunged quickly to the $17.50 area, a fall of 20%. Then, like most corrections, it made a mild stab at a recovery. But the highest it ever got was still well below the old high. It got, I believe, to $19 and change – still a good 10% below the high. And then, it fell fast and hard, the way silver always does when it corrects. By October, it had broken below $10, and the total loss, from peak to trough, was 60%.

Of course, by late October of 2008, most silver holders had bailed out, unless they listened to me and kept calm.

Now, fast-forward to today. I have been prepared for a similar correction in silver after what it has done starting from those $8.80 lows in late October 2008 to just at the end of last year, at $30.91. That percentage rise was 251%.

But here's the thing… Silver is not correcting like it usually does.

Yes, it fell back in January from the $30.91 peak of December 31 to a low of $26.68. Actually, it was a double low. It reached that price on January 25, then rose, and fell again back to this level on January 28. Since then, it has been all up.

So consider it… Silver falls initially from $30.91 to $26.68: a fall of 13.7%. Normally, this is a small initial fall, and you'd expect to see a sharp initial fall of 20% or so. But then, it charges up again.

I'm telling you, I've watched the silver market for four decades in "real time" and much more than that in research, and I have never seen such strength.

So even though I would prefer to get my new readers into silver at much lower prices, I can no longer in good conscience advise my readers to wait on the sidelines in hopes of getting a discount.

You have to make a hard choice now. Ideally, you want to have as much of your money in silver so that if it never corrects back to $20 or even $25, you'll be in a position to profit from the big rises of the future. However, you don't want to have so much of your money in silver that if it finally does correct to those levels, you'll panic, lose heart, and sell out.

If silver goes over the old highs and keeps on going, this will mean the silver bull market is one of a strength so great as to make it a force of nature.

The next few days or even hours are critical.

If silver can close above its "old" $30.91 of just New Year's Eve, we are likely in for another leg up. My next bullish target is $49. I had expected a bigger correction first. But in this world, you take what you get and work with it as best you can.

Good investing,

Chris Weber
0 comments
Labels: , , , ,

Dear Billionaires of the World

(The Silver Market is a tiny $1.9 billion)

Silver Stock Report

by Jason Hommel

It is too late for any of you, personally, to buy much silver below $20 per ounce.

While silver prices languished at about $5/oz. for almost two decades until about 2001, it's now too late for you to buy much, if any, silver below $20/oz.  Did your personal wealth increase that much in the last decade like silver prices did?  I don't think any billionaire in the world matched or exceeded that performance.

The silver market is very tiny, and thus prices are still potentially very explosive--especially if one of the 1000 billionaires in the world tried to buy any.  The potential for future gains far exceed what has happened in the last ten years.
Only a tiny $1.9 billion dollars worth of silver per year is bought for investment; most of that is purchased in the USA, that's about 100 million troy ounces of silver, at $19/oz.  Of that, nearly 40 million ounces of silver per year are being produced by the US Mint in the form of 1 oz. Silver Eagles.

World silver mines produce about 650 million oz. of silver, worth, at $20/oz., about $13 billion.  More than that is consumed by industry, jewelry, photography, with the difference being met by recycling. 
But investors are buying more than selling now.  The people who produce the statistics call that a "surplus", but that's a white lie.  As there's really not nearly enough silver to satisfy all the people who may wish to protect the value of their paper money, or other assets.
With "money in the banks" being only a small fraction of potential assets that could be converted into silver assets, and with money in the banks headed towards about $18 trillion, only about 1% of 1% of US paper money is buying silver in a year.
That means that by the time 1% of US Paper money tries to buy silver, then investment demand would be 100 times higher than it is today, and that $180 billion would try to buy into a $13 billion market, which could push silver prices well over $200/oz.
This is an understatement, as all the paper money in the world could conceivably buy all the silver and gold in the world.
I urge you, or your staff, to do further research into the facts about silver that I've shared with you.
It is my opinion that the purchase of silver is a race, given where prices are going.  The race has started, and the billionaires of the world are not yet on board.  

Here is one billionaire, but he's into gold.
WARNING:
The BIS, the Bank of International Settlements, has produced a report showing that the world banks have $200 billion in notional value of silver derivatives.  This increased from $100 billion, in a span of 6 months.  Question!  Where did they get $100 billion of silver to sell, when the world only produced about $10 billion of silver per year?  Hint:  They didn't.  The notional value of their silver derivatives is a short position!  The big banks OWE $200 billion worth of silver, on paper, to investors who have not yet asked for delivery.  Besides paper money, this is the world's biggest ongoing fraud.
Thus, you should avoid buying the Silver ETF's, avoid buying any futures contracts, avoid buying silver, even "allocated" silver from any LBMA member bank, and stick only with buying real bars of silver from refineries or wholesalers. 
Here is a list of the world's silver refineries, a list of good places to go to get silver:
I recommend Penoles, and Heraeus.  Penoles produces the most silver in Mexico, and has a minimum purchase of 300,000 oz.  Heraeus is a refiner and wholesaler, with half a billion in precious metals and sells at a good price, and can deliver promptly.
You can research all of this information at the following links:
I apologize for not bringing any of this information to your personal attention earlier, but I was trying to follow the Bible's guidelines here
James 2
Favoritism Forbidden
 1 My brothers, as believers in our glorious Lord Jesus Christ, don't show favoritism. 2 Suppose a man comes into your meeting wearing a gold ring and fine clothes, and a poor man in shabby clothes also comes in. 3 If you show special attention to the man wearing fine clothes and say, "Here's a good seat for you," but say to the poor man, "You stand there" or "Sit on the floor by my feet," 4 have you not discriminated among yourselves and become judges with evil thoughts?
  5 Listen, my dear brothers: Has not God chosen those who are poor in the eyes of the world to be rich in faith and to inherit the kingdom he promised those who love him?  6 But you have insulted the poor. Is it not the rich who are exploiting you? Are they not the ones who are dragging you into court?  7 Are they not the ones who are slandering the noble name of him to whom you belong?

Since then, I have learned that there are really two classes of rich.  The private rich, who own the major banks and Federal Reserve who are the ones really oppressing the people, and the public rich, you who I'm contacting, who generally do not oppress the people, but whom are actually more accurately counted as among the oppressed, as you pay taxes to the other class of rich -- the private rich.  Bill Gates is a perfect example.  He is not a usurer, and he has been persecuted and taken to court repeatedly by the really rich.
Sincerely, 
Jason Hommel.
0 comments
Labels: , , , ,

Silver Stock Report : Why Fear?

Why Fear?

(Fear Not!)


When I was 10, it was 1980.  I noticed that adults were scared of higher gold prices.  I asked, "Why should anyone be scared of higher gold prices, if you are scared, then why not buy gold?"  No adult could rationally answer that question, not then, and not ever since then.  Thus, my fascination with gold began at a rather young age.

It seems that my job today is partly to calm people's fears; or to encourage them.  Or share information, or warn, while encouraging.  But people today fear more than just high gold prices, the list is nearly endless:  Gun confiscation, Government Health Care, Increased Taxes, Arbitrary Laws too numerous to count or comply with, etc.
The Bible has a few words about fear.  We Christians are to be totally fearless!
[2 Tim 1:7] For God hath not given us the spirit of fear; but of power, and of love, and of a sound mind.
[1John 4:16] And we have known and believed the love that God hath to us. God is love; and he that dwelleth in love dwelleth in God, and God in him. [17] Herein is our love made perfect, that we may have boldness in the day of judgment: because as he is, so are we in this world. [18] There is no fear in love; but perfect love casteth out fear: because fear hath torment. He that feareth is not made perfect in love. [19] We love him, because he first loved us.
Fear appears to be as bad as murder and lies, according to the Bible!
[Rev 21:8] But the fearful, and unbelieving, and the abominable, and murderers, and whoremongers, and sorcerers, and idolaters, and all liars, shall have their part in the lake which burneth with fire and brimstone: which is the second death.
As I see it, we are not to fear anything, since we Christians are given the promise of eternal life through Jesus Christ!  Thus:
[Heb 13:6] So that we may boldly say, The Lord is my helper, and I will not fear what man shall do unto me.
But rather, we are to be prudent, cautious, wise, and able to detect the signs of the times so as to prepare.
Fear is a sign of the last times -- a sign of the soon return of the Lord Jesus Christ!
Luke 21:25-28 (New King James Version)
25 "And there will be signs in the sun, in the moon, and in the stars; and on the earth distress of nations, with perplexity, the sea and the waves roaring; 26 men's hearts failing them from fear and the expectation of those things which are coming on the earth, for the powers of the heavens will be shaken. [Luke 21:27] And then shall they see the Son of man coming in a cloud with power and great glory. [Luke 21:28] And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.
"--men's hearts failing them from fear--"
I used to think that this phrase from scripture would describe many random people dropping dead at random.  But the verse does not say that, it says men's hearts will fail, due to fear.  It seems it's more specific, and the reality is more subtle.
The number one killer in the number one most populous, prosperous and most Christian nation on earth, the USA, is:
Heart disease, at about 350,000 per year.
Risk factors:
1.  Being a man!
2.  Stress!  Stress is fear, anxiety, a constant arousal caused by the desire to either fight or take flight, which is to run in fear!
Analysis:  The bible is correct, and the reality of heart disease is only a partial fufillment.
Prediction:  "--men's hearts failing them from fear--" will get worse, and the Bible will be proved to be more dramatically true, as time goes on.
=====
Here is another interesting prophecy, this one seems harder to believe.
Rev 16:8 The fourth angel poured out his bowl on the sun, and the sun was given power to scorch people with fire.
Rev 16:9 They were seared by the intense heat and they cursed the name of God, who had control over these plagues, but they refused to repent and glorify him.
"The sun" was given power to scorch people with fire?"  I've always thought this prophecy was a bit hard to believe, since if this were literally true, the sun would burn up everything on earth if sunlight itself were powerful enough to burn up human flesh.  So, what's the definition of the Greek word used for sun in this case?
Helios:
1. the sun
2. the rays of the sun
3. the light of day
Ah, so according to definition number two, "the rays of the sun", which is light, it could also mean "light", or perhaps any kind of light, regardless of source.  But, then again, if the writer intended to say "light", there was a word for that, too, so what else could have been intended.  Why "Helios" instead of "phos" or "phoster" for the word "light"?
Another interesting item is that the name "Helios" is the name of a Greek God, also identified as Apollyon, also known as "the destroyer", a name also mentioned earlier, in Revelation 9:11.
Here is fascinating news item. (One more thing to fear, or not, as we should not!):
There is now a consumer laser that is powerful enough to burn (and destroy) human skin, and cause instant and permanent blindness (destroying sight), available for $299.
The Spyder III Pro Arctic Laser.
Analysis:  The bible is correct, and the reality of portable lasers that can burn skin is only a partial fufillment.
Prediction:  "--the sun (light or destroyer) was given power to scorch people with fire--" will get worse, and the Bible will be proved to be more dramatically true, as time goes on.
This laser weapon has the power to "shake the powers".  The history of the world has shown that with more power to the people, came more political power, and greater respect and restraint on the part of those who would claim to govern.  This laser weapon has the power to increase the power of the people, and to decrease the power of despots and tyranny.
I've already seen stories of people using laser pointers at police during riots. 
Belfast battles become 'Disney theme park' as rioters use high-powered laser lights to blind police -- 14th July 2010
7 days later, Police get Green lasers too:
Blinding laser beam newest police tool
The new Spyder III Pro Arctic laser is 4000% brighter than a violet model, and the violent model, I presume, is brighter than the green ones.
Imagine if an entire squad of policemen could be permanently blinded in seconds with a laser sweep from just one, two, or three laser wielding protesters?
Is that the new reality?  What does that do to the world's power structure?  Shaken yet?  Or soon to be shaken?
The point of this prophesy is to glorify God.  Does it glorify God to take away power from despots, and put more power into the hands of the people?
2 Corinthians 3:17 (King James Version)
17 Now the Lord is that Spirit: and where the Spirit of the Lord is, there is liberty.
=====
If the bible makes accurate predictions, then it can be believed with regard to its other statements and promises, too, such as:
Rom 5:8 But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us.

1John 1:8 If we say that we have no sin, we deceive ourselves, and the truth is not in us.
1John 1:9 If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness.
Rom 10:9 That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved.
Rom 10:10 For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.
Mat 10:32 Whosoever therefore shall confess me before men, him will I confess also before my Father which is in heaven.
=====
I just discovered a narrative of prophetic dreams of high food prices, that are much more scary and "fear mongering" than perhaps anything I've ever sent out to my list.  As a fellow watchman, I feel compelled to share, because the truth of this resonates with my spirit.  Whether the date for dollar devaluation (August 2010) is correct or not, I have no confirmation of, but mark my words, paper money's death, and the rejection of honest money, can bring famine to America. My view is that it need not be that way, if people repent, and obtain silver before it is too late.  What I do see happening is that people in the USA buy most of the silver for investment worldwide, so there is hope that currency destruction need not end in horrific famine.  This is only a prophetic warning.  If it is heeded, famine might not be as bad.  Likewise, Jonah warned Nineveh, but Nineveh repented, and was not destroyed. 
America's Coming Super Depression.
=====
Here's another great article on silver:
The article documents less than 1 billion oz. of silver left.  Much is in the form of ETFs (Exchange Traded Funds), which might not have the silver at all, because the custodians are LBMA members who operate with fractional reserve silver lending.
=====
Finally, one of the best researchers and analysts in the Gold market writes:
Adrian Douglas: The LBMA joins the gold squeeze cover-up
Sunday, July 25, 2010
http://www.gata.org/node/8858
Adrian has recently been exposing that the LBMA banks are running a fractional reserve lending operation with gold, at a ratio of about 45 to 1.  The news now is that the LMBA has responded by ending the publication of the statistics that make this analysis possible.  Thus, the "cover-up".
There is no "lender of last resort" like the Federal Reserve to back up this fractional reserve lending fraud, except sales of central bank gold, which is halting, and turning into net buying.  Thus, this fraud will soon end.
===== 

I strongly advise you to get real gold and silver, at anywhere  near today's prices,  while you still can.  The fundamentals indicate rising prices for decades to come.
Our Coin Shops are open 10AM to 5PM Pacific, Monday to Friday
100 oz. silver minimum, USA shipping, wire transfer only!  
Janelle (530) 913 0553 begin_of_the_skype_highlighting              (530) 913 0553      end_of_the_skype_highlighting  silver_support1@hotmail.com
JH MINT & Coin Shop, Grass Valley, CA  -- our largest store
(530) 273-8175 begin_of_the_skype_highlighting              (530) 273-8175      end_of_the_skype_highlighting
http://www.jhmint.com/  
Rocklin Coin Shop, CA, 15 min north of Sacramento -- our first store
http://rocklincoinshop.com/  
NEW STORES!   
Mom's Silver Shop
https://www.momssilvershop.com  
3510 Auburn Blvd., #12
Sacramento, CA 95821
916 481-5656 begin_of_the_skype_highlighting              916 481-5656      end_of_the_skype_highlighting
(Mom will ship in lots of more or less than 100 ounces of silver, and overseas, and take credit cards or pay pal.)   
Oakland Silver and Gold
http://www.oaklandsilverandgold.com/   
3929 Piedmont Ave.,
Oakland, California 94611 
osg2010@gmail.com  


Sincerely,


Jason Hommel

0 comments
Labels: , , , ,

Silver Daily Technical Outlook

Comex Silver (SI)

With 4 hours MACD crossed below signal line, Silver's recovery from 17.49 might have completed at 18.42 already. Intraday bias is turned neutral for the moment. Break of 17.845 minor support will affirm this case and flip intraday bias back to the downside for 17.49 and possibly below. Also, note that sustained trading below near term trend line support, now at 17.5 will argue that whole rise from 14.65 has finished too and will turn focus to 16.55/62 support zone (50% retracement of 14.65 to 18.605 at 16.62) for confirmation. On the upside, above 18.42 will bring another rise. But after all, we'd expect upside to be limited by 18.605 resistance and bring another fall.
In the bigger picture, note that at this point, there is no clear confirmation that medium term rally from 8.4 is finished yet. However, such rally is viewed as part of the consolidation patter that start at 21.44 (2008 high). Hence, even in case of a new high above 19.50, we'd continue to look for reversal signal as silver enters into 19.55/21.44 resistance zone. On the downside, sustained break of 16.55 support, will in turn revive the case that 19.50 is already the medium term top and will turn focus to 14.65 key support level for confirmation.
Comex Silver Continuous Contract 4 Hours Chart 
Comex Silver Continuous Contract Daily Chart 
0 comments
Labels: , , ,

Huge New Discovery under China's Great Wall

Dear Reader,

Here’s an interesting story that comes to us from our colleague and investment expert Bob Irish.

As Bob reports:

“Hundreds of miles south of Beijing, an American junior mining company has made an amazing discovery. The value of this single discovery could be enough to push the company's market cap 4,662% higher, one month from now…”

For the full details on what Bob’s team has discovered, see below.

Regards,

Brian Hunt
Editor in Chief,
Special Report:

American Company Discovers Massive
‘Silver Vein’… Below China’s Great Wall

Govt. surveys confirm 186 mile-long strike containing up to 30 billion ounces… worth as much as $514 billion…

Estimates indicate 4,662% potential gains for investors who get in before next month…
Here’s how you join them…

Dear Reader,
Hundreds of miles south of Beijing...
Deep in the remote foothills beneath the Great Wall of China...
An American junior mining company has made an amazing discovery.
This silver strike stretches 186 miles.  It could contain, by our estimates, 30.2 billion ounces of silver.
That's enough to feed world demand for the next 32 years, according to the World Silver Survey...
Enough to double current global stockpiles... 214 times.
And enough to make one tiny mining company $514 billion richer...
For now, the company trades around $7.  But that could change, very quickly.
The value of this single, massive discovery could be enough to push the company's market cap 4,662% higher. (You'll see how in a moment.)
The time to act is right now.  But you'll want to have all the information.
For example: How did a junior miner from America discover the world's biggest silver deposit halfway around the world?  How does it plan to extract this massive silver vein from beneath the Great Wall of China?
And how exactly could some investors turn this opportunity into huge gains, just days from now?
Here's the whole story...
The Perfect Discovery at Just the Right Time
Not long ago, a small mining company realized a hard truth.  The world was running out of silver. 
What's more, the traditional sources - like Nevada, Canada, Mexico and Peru - were drying up.
Indeed, Western miners had failed to meet surging world demand for 11 straight years.
The silver stockpile had fallen from 10 billion ounces in 1950 to just 140.4 million today.  That represented a 98.5% nosedive.  (No wonder silver prices have doubled.)  
The company's answer was simple.  It would exchange the familiar fields of the West for the chance to explore China's vast, untapped reserves.
The Chinese Resources Ministry was desperate for silver to feed China’s booming demand. So it agreed to let this Western miner "into the tent."
Within weeks, the company was on the ground.  Geologists immediately began surveying the county's central mountain range.
And that's where they're they’ve discovered into a massive silver strike... running right beneath the Great Wall of China...
The Forgotten Treasure Below the Great Wall
About 440 miles south of Beijing, the flatlands turn mountainous.  Here, crisscrossing the hilltops, you'll find the ancient ruins of the Great Chu Wall. 
Warlords built the wall around 2,500 BCE.  They wanted to defend their kingdom against invading tribes from the north.
Today, only the ruins remain.  Tourists still flock to the ancient landmark because of its beauty and historical importance.
But the company (we'll call it the "Silver Striker") came here for another reason.
This is where scientists first noticed a strange "anomaly" on the aerial magnetic images of the area.  According to the surveys, these foothills had to contain a truly massive silver strike. One that ran for miles...

Geologists drilled core samples.  They tested thousands of "ore chips" for silver content. 
They ran chemical tests on the streambeds meandering through the foothills.
And according to the initial data, the strike was indeed huge. In fact, it qualified for "mother lode" status.
The discovery, they inferred, held at least 265 million ounces - worth $4.5 billion dollars.
That's when the Striker filed  its first mining claim with the Chinese Ministry of Land and Resources. 
But they weren't done exploring.  Not by a long shot.
The company's miners still had not defined the extent of the massive strike...
Going "All In" and Hitting the Jackpot
So not long ago, the Striker decided to pour the bulk of its exploration budget into the Great Wall strike - (It's plans to spend $8 million in the first half of 2010, and another $8 million in the second half.)
Geologists continued to swarm the strike zone's 50 square kilometers of foothills.
And they spared no expense.
They created seismic geo-maps. 
They used computers to analyze chemicals in streambeds.
They used special cameras to gather data - at the atomic level.
Miners blasted 78,581 meters of trenches.  They drilled 280 test holes. 
Meanwhile, outside firms were called in to verify all the findings.
They included private companies like SRK Consultants China and BK Exploration Associates.  But China's bureau scientists reviewed the data, too.
And they all agreed.  The Striker was underestimating the discovery... by a long shot!
Super Vein Stretches at Least 186 Miles
Instead of stretching 3 miles, the "super vein" stretched 30 miles.
But it didn't stop there.  Further surveys showed rich veins of silver running for 87 miles... 124 miles... 131 miles and beyond.
Resource estimates grew from 52 million ounces... to 70 million... 100 million 200 million... 265 million and more. (The Striker has already secured the rights to the inferred 265 million ounces of "in ground silver!)
Finally, the company has reached the end of the strike.  It stretches for 186 miles - almost the length of the Great Chu Wall.
More important, the strike contains an estimated 30.2 billion ounces of silver... worth $514 billion.
Investors who get in during the early stages of this discovery could see good gains...
We're talking about enough silver to increase the Striker's market cap 4,662%.
Fact is, big discoveries almost always equal big gains... especially in these markets... 
Easy Gains of 950%... 2,433%... 4,633% and More
Metals prices are soaring across the board.  And bull markets like this can turn even smaller discoveries into windfalls.  Just this year...
Unique Mining shot up 196%. 
Erdene Resources popped 233%.
Hunan Mining jumped 341%. 
That's saying nothing of the 380% investors saw from Semafo... Or the 416% they booked on Rambler Metals... Or the 950% on Polaris Metals... 
But these are chicken-scratch compared to the bigger gains.
Just as zinc prices took off, Canada's Teck Resources discovered a huge zinc deposit in Alaska.  The stock rocketed 1,160% in 12 months...
Blue Sky Uranium found a huge uranium strike in Argentina two years ago... Last year, the company finally brought the discovery to market.  The stock shot up 2,433%...
Norseman Gold was mining in Western Australia.  The company found over 5 million ounces of gold.  And the stock soared 4,633% in one year.
Of course, the Silver Striker could outdo them all.
How Shares Could Soar Even Higher
Consider this.  Teck Resources is a big company.  Its market cap stands at $22 billion.  The Silver Striker is a tiny company. – less than 1/20th the size.
Teck discovered $618 million worth of zinc, and the stock jumped 11-fold.
The Silver Striker has estimated this stretch of land to contain $514 billion worth of silver (831 times the value of Teck's find), and the stock hasn't even exploded yet.
Based on the size of the company, and the discovery's value, the company could climb 46,627% over the long term.
But even if the Striker recovers just 10% of the silver, it could still be enough to push the stock up 4,662%.  (Meanwhile, the company recovers 84.82% of the silver from its ore, on average.)
And it only gets better. 
You see, the company will also mine this entire mother lode essentially for free.
That's right.  Thanks to the location of the strike, the company will be reimbursed for every dime it spends producing the silver.
In the end, it won't pay for labor.  It won't pay for processing.  It won't pay electric bills.  Or transportation and storage costs.  Nothing.
And that means the company stands to pocket the entire $514 billion... free and clear!
Let me show you how it's about to pull off this amazing feat...
Producing Millions of Ounces at Zero Cost
As the Striker explored the foothills discovery, it kept churning up tons of lead and zinc.
Without these important "base" metals, China's industrial boom would come to a halt.  And that's why demand for both is soaring.
In just 12 months, zinc has climbed 110%.  Lead has soared 170%.  (Compare that to gold's "modest" 59% rally.)
The Silver Striker, meanwhile, has already begun producing both metals from its mines.
But it has tons more in the ground. Literally. The company's reserves contain 85,509 tons of lead... and 37,639 tons of zinc.  And it will produce both as "byproducts" of the silver mining. 
Selling off these byproducts along the way has reduced the Silver Striker's per-ounce production costs to NEGATIVE $6 per ounce!
If that continues, the company stands to pocket 100% from the silver proceeds.  Plus it'll earn an additional $6 for every ounce it brings to market!
No other silver miner can compete on a cost basis.  And that alone might make this the best silver stock in the world today.
And it all comes back to the company's decision to move to China.
Chinese Silver - Most Potentially
Profitable in the World
China's simply gobbling up metals faster each year.  And silver just moved to the top of the list.  Not only is it used as a precious metal.  Silver is critical to China's industry.
Without silver, for example, China couldn't produce a single a single light switch 
Same goes for the country’s other high-tech consumer goods.  Cell phones... Refrigerators... Computers... Windmills... Flat-screen TVs... CDs... DVDs... Microwave ovens... Batteries... Bearings... Soldering wire... Electric wire... Touch sensors…
None would be possible without silver. (It's the best conductor of both heat and electricity among all metals.)
China has seen its silver demand triple in recent years, according to China Daily.  And that has helped to drive world demand to record levels. 
Last year, silver consumption hit 888 million ounces. And it's headed higher.
Meanwhile, the global stockpile has dropped 57%, to just 140 million ounces.  The world now faces a supply crunch of historic proportions.  If all mining stopped today, global supplies would run out in four months!
But it could happen regardless.  Even with mines at full production, silver demand has outpaced supply every year since 1990 (by an average of 156% per year). 
Prices have doubled in the past 12 months.  And experts including Jim Rogers see them heading much higher.  Last time supply crunches hit silver, the white metal soared 5,556%.  (That was between 1960 and 1980, when silver climbed from 90 cents to $50.) 
This time around, mines are running low... and China's creating a whole new demand source. 
All of this is terrific news for the Silver Striker.  Consider.  When silver rises $1... the company's discovery rises in value by $30.2 billion!
With silver ready to run,  you couldn’t find a better time to take a small position in a tiny miner like this.
Especially considering that Wall Street remains largely in the dark... for now...
Why You Haven't Heard of this... Until Now
When the Silver Striker left America, it disappeared from Wall Street's radar. Today it doesn't show up on a single U.S. resource report.
Let's say you analyze silver mining.  Your natural focus will be on the big producers: Mexico, Australia and Canada.
It makes sense.  The vast majority of silver miners operate in those countries.  And they have for generations.
But the Silver Striker doesn't own a single mine in the West.  So it would never show up on your mainstream mining reports.
On the other hand, if you were tracking Chinese mining stocks you wouldn't follow the company either.
And here's the kicker.  Until November 2009, the stock wasn't even listed on a major U.S. exchange!
No wonder this amazing little company still manages to trade around $6.
And no wonder shares could rise 4,662% when it brings the silver to market in Shanghai.
But there's no reason to wait around.  Because the company has already begun spinning off big gains... and fat dividends, too...
A Junior Mining Stock So Safe It Pays Dividends
During its exploration of the Great Wall discovery, the company has mined tons of lead and zinc.  (You may recall that prices for both have jumped by triple digits this year.)
And that's been boosting the Striker's fundamentals.  Big time.
Last quarter, the Striker saw net earnings leap 83%. 
Earnings per share doubled. 
Right now the company holds $77 million cash... with zero long-term debt.  That's remarkable for a mining company of this size.
And it's the reason the Striker can afford to pay investors healthy dividends.
So while you prepare for the potential windfall, you could collect nice, steady income.  The best of both worlds!
Getting in beforehand will ensure maximum potential gains.
And you're about to receive a complete research report on this opportunity.
It's called: The Great Wall of Silver: Earn 4,662% on China's Secret Strike.
You'll pay nothing for this research.  We're rushing it to you for free.
Here's why we're making this possible.
How to Take Advantage of this Opportunity Now
My name is Robert Irish.  I guess you could say I am a veteran of the Wall Street trenches. 
For the past 20 years, I've headed major research departments, and helped to steer billions of dollars with some of the most powerful private firms in America.
But I grew tired of the Wall Street game.  So I decided to make a change.
Today I'm heading research for what I believe is the world's #1 independent investment advisory letter.
It's called Sound Profits.  And the idea is simple.  We've assembled some of the smartest, toughest researchers on earth. 
And we've asked them to unearth fantastic investment opportunities before they break into the mainstream.  The Silver Striker is just the latest example.
Fact is, our "early in" approach helps ensure the largest possible gains every time.  And that has proven especially true with our mining plays.
Just a few examples from one of our researcher's personal track records:
9,321% in Altius Minerals Ltd. (rose from $0.32... to $30.43)...

2,914% in Excellon Resources (rose from $.07... to $2.11)... 
2,912% in Virginia Gold Mines (rose from $0.40... to $12.05)...
2,462% in AfriOre Limited (rose from $0.29... to $7.43)... 
The formula is simple.  Get in early.  Get out on time.
And its works...  Mag Silver climbed 386%.  Sunridge Gold climbed 1,671%.  Esperanza Silver jumped 778%.
Western Prospector bolted 612%. Sterling Resources climbed 603% . And Bravo Venture Group spiked 493%.
The Most Important Oil Discovery Right Now: If you read the American press, you haven't heard about this massive oil discovery off the coast of China's Hebei Province.  But it's likely to make some investors very rich.  This reserve will produce an estimated 44.07 million barrels this year... up 13% from 2008. And it will feed every drop into the hottest oil market on earth: China.  Estimated gains: 291%
Double-Digit Income... for Life?  Our leading income expert has unearthed the perfect high-yield play.  Forget junk bonds.  Forget boring old dividend stocks.  This simple investment can provide massive income, well into the double-digits... and massive capital appreciation, too.  Over the past year, this "stock" has jumped 79%.  But that could just be the beginning.  Estimated gains: 79%, plus dividends
The Best American Stock for Riding the Global Boom: Forget risky foreign stocks.  Forget "potential" plays with no track record, no earnings and no real prospects.  We've unearthed the single smartest way to grow your portfolio for the next 10 years... by riding the $300 trillion global investment boom.  Even better, it's an unusual American stock (not a fund) that lets you buy the five best global plays in one simple move... Now that's powerful stuff.  Estimated gains: 1,123%
Here's hoping you're along for what looks like another year of huge gains ahead.
Sincerely,
Robert Irish
Investment Director
January 2010

0 comments
Labels: , , , ,

SILVER STOCKS: ONE OF 2009'S BIGGEST WINNERS

Time to check back in on silver stocks.

To recap, silver is among the most volatile assets in the world. It's half precious metal like gold, half industrial metal like copper... so its price fluctuates wildly along with currency fears, factory production, and interest rates.

As we like to say around the office: If all assets were patients in a mental ward, bonds would be the guy who sits silently in the corner and stares out the window. Stocks would be the guy who wanders the hall and mumbles to himself. Silver would be the guy they keep in the padded room all day. The companies who mine the stuff soar when folks smell inflation and currency mismanagement.

Today's chart shows this idea at work. It displays the 2009 price action of one of our favorite silver stocks, Silver Wheaton (SLW). In response to rising silver prices, SLW has gained 162% this year. If the government's funny-money scheme turns out badly, the gains made this year in SLW are only the beginning. 


0 comments
Labels: , , , , ,

THIS IS SILVER'S YEAR

When they close the books on 2009, they'll chalk up a big win for silver vs. gold.

One of the big questions facing the precious-metals buyer is "Should I buy gold or silver?" As we profiled in September, since the bull market in precious metals began in 2001, the answer is, "There isn't much difference in the returns... but silver is much more volatile."

Since the 2001 "kickoff," gold and silver are both up a little over 300%. But as you can see from today's comparison chart, when a solid metals rally gets going, the returns in silver can get extraordinary. Our chart plots the percentage gains in gold (black line) versus silver (blue line). Silver is up nearly 65% this year, while gold is up 30%. The blue line, however, has much bigger peaks and valleys.

Moral of the story: You can make a heck of a lot of money in silver... just be willing to stomach a lot of volatility on the road to riches.





0 comments
Labels: , , , ,
Subscribe to: Posts (Atom)

Ratings and Recommendations