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Archive for the ‘Silver $30’ Category

AGORACOM Wire – $1,670 Gold; 1:1 Gold/Dow Ratio?; 9 Reasons To Bet On Dead Cat Bounce; QE3 …

Posted by AGORACOM at 4:05 AM on Wednesday, August 3rd, 2011

AGORACOM WIRE – WEDNESDAY AUGUST 3, 2011

4:00 AM EST …. YES, WE’RE STILL UP

GOLD HITS $1,670 OVERNIGHT …. Little Reason To Believe That All-Time High Of $2,200 Will Not Be Reached AGORACOM Gold Prices

1:1 Gold / Dow Ratio? See The 200 Year Chart And Discuss

JUNIOR GOLD ETF’s Blew Away Stock Indexes Today … See Post

9 REASONS TO BET ON DEAD CAT MARKET BOUNCE … We Stress “Dead Cat” vs. Big Macro Call Full Story

QE3 CHATTER UP SIGNIFICANTLY … Spending Is Down, GDP Down, New Jobs Way Down, etc …. All Providing Increasing Chatter and Political Will For QE3 …. Hmmmm, Who Predicted This Back On March 30th

WHERE DO YOU GO? …

  • Stocks Are For Steel Stomachs
  • Bank Accounts And Bonds Are Paying Peanuts
  • Currencies Are Super Volatile
  • Real Estate Is Crashing (USA) and Peaking (Canada)
  • Gold? Gold Producers? Junior Gold Stocks?
  • Silver? Silver Producers? Junior Silver Stocks?

George Opts For:

OUR SPONSORS ARE GREAT … DISCOVER THEM TODAY

Junior Gold ETFs Blowing Away Stock Indexes As Of 3:00

Posted by AGORACOM at 3:06 PM on Tuesday, August 2nd, 2011

I can’t add much more than this snapshot as of 3:00 PM EST today:

AGORACOM Wire – More Triple Digit Silver … Citigroup Now Calls It

Posted by AGORACOM at 8:54 AM on Friday, July 22nd, 2011

AGORACOM WIRE – FRIDAY JULY 22ND, 2011

8:35 AM … TOP STORY … MORE TRIPLE DIGIT SILVER …

…. Citigroup Calls For $100 Silver Based On Technical Analysis  … Full Story

…. Sprott Called “High Triple Digits” Earlier This Week …Read George’s Analysis

….. Discuss Your Best Silver Ideas In AGORACOM Silver HUB

Extreme Biodiesel Receives Approval for Renewable Fuel Credit Press Release * Client *

AGORACOM members rally to whipe out Breast Cancer Read More
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AGORACOM Client Feature: (RCHN: OTCBB) Rouchon Industries - 3.2 Million in gross revenue in 2010

Embry Triple Digit Silver, Even HIGH Triple Digit Silver Possible Due To Quick Buck Greed

Posted by AGORACOM at 1:20 PM on Tuesday, July 19th, 2011

12:30 PM …. TOP STORY … JOHN EMBRY … SKY ROCKETING SILVER “It is very easy to foresee triple digit silver … and it might be high triple digits before it is over”Read Full Interview … Discuss In Our Silver HUB

Looks like the silver pause is now over and we can all get back to business … Embry says triple digits is foreseeable and high triple is possible.

You could critique this call by saying Embry is just talking his book … and there would be some element of truth to that …. but the fact of the matter is that Embry and Sprott have been dead right about where global finance is today … a position that CNBC pundits would have dismissed as outrageous back in 2007.

Do I think its possible? Fundamentally, we all know the argument, so no point in rehasing … but the real X Factor is pure human greed. We saw it in dot-com, we saw it in real estate, we saw it in derivatives …. and there is no reason why we won’t see it in silver once the masses decide it is the next get rich quick vehicle.

When that day comes, I believe silver has a very good chance of going parabolic and trading out of whack with gold (i.e. 10:1 ratio) for the simple stupid reason that it is cheaper for Joe Public to buy and leverage silver.

We may be entering the profit opportunity of our lives.

G

AGORACOM Wire – What Small Cap Investors Are Reading Today

Posted by AGORACOM at 12:30 PM on Tuesday, May 17th, 2011

AGORACOM WIRE – TUESDAY MAY 17TH 2011

VIDEO: Eric Sprott Buying Silver Today, Tomorrow, ….. Why Sprott Could Care Less About The Latest “Raid”  See Video

US REAL ESTATE CRASHING … The Numbers Say It All

GEORGE’s CALL … In October 2009, George Predicted Worst Was Yet To Come For US Real Estate … Today? “The Worst Is Still Yet To Come” Posts

CHEAP CHINA …. Several Fraud Cases Have Beaten Down Legitimate Companies … We Identify Just A Few Cheeeeeap Stocks With Big Upside.

DISCOVER OUR SPONSORS – THEY’RE WORTH A LOOK!

VIDEO: Eric Sprott Will Keep Buying Silver Today, Tomorrow ….

Posted by AGORACOM at 12:14 PM on Tuesday, May 17th, 2011

SLV 10-Day Trading Range … Ridiculous But A Traders Dream

Posted by AGORACOM at 9:51 AM on Tuesday, May 17th, 2011

Silver ETF (SLV) Making Lower

Posted by AGORACOM at 2:22 PM on Friday, May 6th, 2011

The afternoon isn’t shaping up great for SLV, as it is making lower highs on diminishing volume.  As such, I don’t see much reason to hold out for higher and plenty of reason to short, unless news comes out of nowhere.

AGORACOM Wire – Osama Death Effect On Markets & Did Silver Know Before The Rest Of Us??

Posted by AGORACOM at 11:48 PM on Sunday, May 1st, 2011


AGORACOM WIRE – SUNDAY MAY 1ST, 2011

11:15 PM EST … BREAKING … OSAMA BIN LADEN DEAD NEWS



MARKET REACTION … Equity Futures Up Big (Dow +106) … Oil, Gold, Silver Down Hard

DID SILVER MARKET KNOW ?? … Why Did Silver Market Drop $6 Immediately At The Open At 6PM EST Today? AGORACOM Silver Chart

VIDEO: Betrayed – The Story Of Aurelian Resources – AGORACOM Blog

Financial Post: AGORACOM Is The Site Retail Investors Famously Use To Fight Takeovers http://bit.ly/ihZzjh

BARRICK GOLD CEO - Gold Is Now Being Valued In A Whole New Way… Never To Be The Same Member Post Fiat Confidence Broken

WALL STREET JOURNAL ON YUKON GOLD RUSH – The Stakes Are Real

PIMCO Shorts US Debt, Goes To Cash – What Does This Mean For Small-Cap Investors?

Posted by AGORACOM at 8:46 AM on Monday, April 11th, 2011

The biggest news for small-cap investors to digest – by far – is that PIMCO has not only sold all of its US Debt Holdings, it has gone short.  Find my comments below via Twitter (reverse chronology) and my follow on comments below on how this plays out (theory vs. practically):

WHAT DOES THIS MEAN – Theoretically?

On it’s surface (I stress SURFACE), Bill Gross, Founder of PIMCO, is telling us that QE3 isn’t coming and nobody will be stepping into to replace US Fed purchases of US Gov’t debt.  That will lead to – at the very least – a drop in Debt prices, so he is getting the hell out of Dodge.  Simple enough … until you get to my practical comments below.

First, here are the theoretical (I stress THEORETICAL) follow-on effects:

INTEREST RATES – Going higher, just a matter of degree

$USD – Should strengthen with rising rates

EQUITIES – Should weaken for two reasons: A) Corporate expenses rise on higher borrowing rates = lower profits; B) Investors sell stocks to raise cash. Small-cap resource stocks fall in unison.

GOLD / SILVER – Should weaken against the US Dollar at the very least, potentially against most major currencies

US REAL ESTATE – Bombs Away .. my real estate theory since October 2009 remains intact

WHAT DOES THIS MEAN – Practically?

Unfortunately, we have learned over the last decade that economic theory can no longer be relied upon.  After all, interest rate easing that began after 9/11 was never intended to crash real estate markets, plunge the planet into a debt crisis and lead to record nominal gold prices … yet here we are despite the “brightest” minds at the US Fed, White House and Central Banks around the world.

What truly happens isn’t so linear because market manipulation has taken the natural ebb and flow out of all markets – debt, equities, commodities, currencies.  Prices are no longer determined by value – they are determined by confidence or a lack thereof.  As such, what should practically happen is the following:

CONFIDENCE CRISIS – When US Fed purchases of US debt vanishes and isn’t replaced by the market, a crisis of confidence will commence.

INTEREST RATES – Will move incrementally higher, then accelerate as US debt prices free fall

$USD – Will initially strengthen with rising rates and bond nibbling, then drop as investors realize bond/confidence risk is too great.  Swiss Franc and Canadian Dollar will do very well.

EQUITIES – Double Dip probability rises dramatically. Small-cap resource stocks take an initial hit, followed by massive rebound on gold, silver moves (see below).

GOLD / SILVER- Will initially weaken by as much as 20% /30% respectively on early $USD strength, then rocket towards all-time inflation adjusted highs of ~ $2,200 and $150 within 12 months

US REAL ESTATE – Bombs Away .. my real estate theory since October 2009 remains intact

AM I A GENIOUS OR WHAT?

I’d like to think so – but I don’t think so for two reasons:

1] Obvious Reason – I could be very wrong and a number of other outcomes could occur.  This time, I think I’m right – but see #2 below

2]  The Fed / White House / Wall Street Financial Matrix Isn’t Stupid – Despite what many smart people have to say, the powers that be aren’t as stupid as they seem.  They just don’t give a damn about your long-term interests. Despite damage to the current and long-term US economy, I firmly believe they have executed their plan perfectly in their best interests – and they’re not finished ….

QE3

It’s coming … 100% … only this time it will require the financial pain I have outlined above in order to politically justify it … but as I posted on March 30th, QE3 Will Be Delayed, Not Terminated.

At that point, the game plan resumes … but not before Bill Gross and PIMCO step back into US Debt, go long and make a killing on their cash thanks to rising debt prices, which leads to falling rates, much weaker $USD, stabilized stock markets, MUCH higher gold/silver, MUCH higher junior resource stocks.

Until then, plan accordingly.

Regards,
George