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Silver price discussion and analysis

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Re: SILVER

Precious Metals Default Scenarios - Bullion Bulls Canada Audio Article




goldtothemoon | January 18, 2011 | 83 likes, 2 dislikes

Bullion Bulls Canada Audio Article for Jan 16 2011, 2011-01-16 , Written by: Jeff Nielson, Narrated by: Chad McNamara

Subscribe to us on youtube and get these audios weekly: http://itunes.apple.com/podcast/bulli...

Precious Metals Default Scenarios: read the full article @ http://www.BullionBullsCanada.com | Sponsored by: http://www.SilverGoldBull.com | http://bullionbullscanada.com/podcast/



For obvious reasons, there has been a great deal of discussion about actual, formal "defaults" in the gold and silver markets. Among those "obvious reasons" is that informal defaults are apparently already taking place in both markets.

Beginning in the London gold market over a year ago, and now rumored to be occurring in New York's "Comex" silver futures market, buyers who have legally contracted to take "physical delivery" of the metals they have purchased are said to be accepting large, paper bribes to accept a "cash settlement" instead.
 
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Re: SILVER

CFTC Delays 60-Day Notification To Assist Manipulators

http://www.roadtoroota.com

http://www.roadtoroota.com/public/504.cfm


Bix Weir
Printer-Friendly Format

OPEN LETTER TO THE CFTC

January 25, 2011

Commodities Futures Trading Commission

3 Lafayette Center

1155 21st St. NW Washington, DC 50581

Re: CFTC Delays 60-Day Notification To Assist Manipulators

Commissioners:

On January 13, 2011 the CFTC held a hearing on the Implementation of Position Limits for the Dodd-Frank Act that was mandated by the US Congress to be implemented on January 17, 2011. This meeting was a continuation of the same meeting held in December on the same topic. As of today, January 25, 2011, Position Limits have NOT been implemented and thus the CFTC is currently in violation of the laws of the United States Congress. The reasoning behind the current delay? "There must be a 60 day notice period"...

SO WHERE IS IT? WHERE IS THE 60 DAY NOTIFICATION ANNOUNCEMENT? WHY WON'T YOU START THE CLOCK TICKING EVEN THOUGH YOU ARE IN VIOLATION OF THE LAW?

you can read the rest via the URL provided :))
 

Logique

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Re: SILVER

One to warm the hearts of precious metals bulls, and especially silver bulls. Some useful charts as well. Extract parags from the full article. My underlines.

Day Of De-Bottom By Warren Bevan, Feb 7, 2011
http://www.kitco.com/ind/Bevan/feb072011.html

'...While de-parture didn’t occur, de-bottom seems to have for Silver and Gold. Even US indices are shedding off all the calls for a correction in what is an unprecedented run higher. Markets don’t work like this unless they are being propped up.

It looks like our move to a bearish posture was incorrect and we are now slightly offsides. It’s never fun, but it will be made back quickly and with Gold and Silver breaking out trading profits are never far away...'

'...A report was received recently where it was said that the Chinese Central Bank is going to increase their Gold reserves, and Silver as well. It was said that they would be using the recent weakness as an opportunity to buy both metals. It doesn’t surprise me to hear this about Gold, and I may not have even mentioned it here. But to hear this about Silver is stunning.

Many societies, including China, have been on Silver standards in the past, and while it is industrial, it is also precious and can be argued as to have many of the same monetary values and features as does Gold. In the past Gold was used more for wealth storage, while Silver was used in day to day transactions due to it’s cheaper price.

It’s beyond what I can put into words how positive this is for Silver, if true. I guarantee if China begins buying Silver as reserves, many other countries will follow.

It’s no secret that I’ve been much more bullish Silver than Gold for years and my portfolio reflects that tremendously. Last year was amazing to say the least. And better years are ahead!

$200 Silver may seem cheap in a few years. No joke....'
 
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Re: SILVER

The Silver Log (02.08.2011) - back over 30 US fiat notes



endlessmountain | 08 February 2011 | 19 likes, 0 dislikes

http://thesilverlog.blogspot.com


Hey Electronicmaster!

Nice blog and great analysis. I just joined the forum and watched a couple of youre videos. Keep up the good work.

Noticed people arnt commenting much on this thread but I appreciate the time you have put in this!

Cheers, Ossie
 

explod

explod
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Re: SILVER

Hey Electronicmaster!

Nice blog and great analysis. I just joined the forum and watched a couple of youre videos. Keep up the good work.

Noticed people arnt commenting much on this thread but I appreciate the time you have put in this!

Cheers, Ossie

Little comment needed it is all good. The following from the Gotgold report:

"Current Silver Definition Move Not Like the Others
For those who may be wondering what they might have missed in Sunday’s full Got Gold Report, posted on the password-protected subscriber pages and emailed to subscribers this past weekend, below is a short excerpt from the report. It is two pages of a 23-page update for Vultures, our valued subscribers."

http://www.gotgoldreport.com/2011/02/current-silver-definition-move-not-like-the-others.html
 
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Re: SILVER TRO:ASX TriAusMin Great article!

With Silver going up TRO:ASX is getting more and more unappreciated everyday. This company is sitting on great deposit in Australia. They have lead, zinc, silver, some gold and I didnt mention that their silver deposit is very large.

The stock has been moving on up nicely. It closed in Toronto on the TSX today at .22cents (TOR: TSX). Last closed at .19 cents in Australia.

Here is some information from a recent article from Silicon investor in the USA on TriAusMin.
------------------------------------------------------------------------------------
TRIAUSMIN Ltd. (TSX: TOR; ASX:TRO) $0.18

Dual Listed TSX and Australia

TRIAUSMIN Ltd is focused on the exploration and development of base and precious metal projects within the Lachlan Fold Belt of New South Wales, Australia. TRIAUSMIN is focused on generating positive cash flow from its inventory of Mineral Resources as well as achieving exploration success in the prospective Lachlan Fold Belt of New South Wales, Australia.

http://www.trioriginminerals.com.au/

Shares out: 138,514,734

Approximately 45% owned by top 20 shareholders including Tri Origin Exploration: http://www.trioriginminerals.com.au/investor.asp?id=8

Company presentation: http://www.trioriginminerals.com.au/documents/TriAusMin Corp Overview Nov 2010.pdf

Very experienced management team and board. http://www.TRIAUSMIN.com/board.asp

Significant new director who recently bought 6.2 million shares: http://www.TRIAUSMIN.com/documents/101118 TriAusMin appoints James Gill as Director.pdf

TRIAUSMIN has in excess of 28 million tonnes of Mineral Resources, including Woodlawn Retreatment Project (11.7 Mt), Woodlawn Underground Project (10.1 Mt), and Lewis Ponds Project (6.6 Mt).

Woodlawn Retreatment Project: http://www.TRIAUSMIN.com/projects.asp?id=4

• Total Resource converted to an Ore Reserve of 11.2 Mt grading 2.2% zinc, 1.3% lead, 0.5% copper, 0.3g/t gold and 32g/t silver*
• Contained Metal (approximate):
• 580 million lbs zinc
• 340 million lbs lead
• 120 million lbs copper
• 13 million oz silver
• 123,000 oz gold
* JORC and CIM standard compliant – see full technical report dated December 15, 2009

Independent 43-101 Technical Report by Scott Wilson
Roscoe Postle Associates Inc. (December 15, 2009)
• Estimated 7.7 year life at 1.5 Mtpa milling rate
• Average annual payable production of 37 million lbs of zinc, 7 million lbs of copper, 7 million lbs of lead, 2,000 ounces of gold and 371,000 ounces of silver
• Total payable production of 560,000 tonnes of zinc, copper and lead concentrates containing 125,000 tonnes of zinc, 24,000 tonnes of copper, 25,000 tonnes of lead, 18,000 ounces of gold and 2.8 million ounces of silver
• Development capital ~ A$75 million
• Pre-tax NPV at 8% is A$68 million at long term metal prices(1)
• Internal rate of return is 23% after-tax(1)
Notes: 1 – Weighted average Bloomberg Long term Consensus Prices as published on Feb 19, 2010: Gold US$1,113/oz,
Silver US$16.34oz, Zinc US$2,146/tonne, Copper US$5,464/tonne and Lead US$1,711/tonne; AUD:USD Exchange Rate = 0.80

Woodlawn Underground Project: http://www.TRIAUSMIN.com/projects.asp?id=13

• Contained metal (approximate):
• 2 billion lbs zinc
• 900 million lbs lead
• 400 million lbs copper
• 30 million oz silver
• 195,000 oz gold
• Approximately 2 MT mineable
• Targeting additional ~ 3 MT extensions or repetitions to resource

Lewis Ponds Project: http://www.TRIAUSMIN.com/projects.asp?id=6

-Gold and base metal deposit discovered and partially delineated
-JORC compliant Mineral Resource (completed in 2004) of 6.35 Mt of Indicated Mineral Resources containing 349,000 ounces gold, 16 million ounces silver, 160,000 tonnes zinc & 90,000 tonnes lead
-Deposit open at depth and along strike
-Nearby mineral occurrences & geophysical targets remain to be tested by drilling

Total contained metals

Approximately
667,000 oz gold
59 million oz silver
520 million lbs copper
2.7 billion lbs zinc
1.3 billion lbs lead

Prior to the financial meltdown in 2008 Triausmin had a market capitalization in excess of $125 million, today approximately $25 million.

This company is being viewed as a base metal company with out recognizing the significant silver and gold resource.

Comparable companies trading significantly higher.

At current prices the combined contained metal value is approximately $9.375 Billion. Projects are located in a mining friendly location with well established infrastructure. Newmont and Newcrest have very significant deposits and/or mines in the near vicinity.

Positive feasibility study confirms profit potential.

There is tremendous upside drilling potential. Aggressive drilling plans should be announced very soon.

The recent announcement that Sprott Asset Management will be funding the company for $3.2 million is extremely positive and should be a short term catalyst for the share price. Eric Sprott is considered one of the best asset managers in the world and one of the most vocal silver bulls.

In my opinion TOR.T is a grossly undervalued near term producer with tremendous upside drilling potential. The company has very good exposure to three of the strongest metals, silver, gold and copper. The company has been given zero value for it's tremendous exploration potential particularly at Lewis Ponds which was responsible for driving the predesessor's company's share price to over $4
 

explod

explod
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Re: SILVER

Silver, having lifted by $7 over the last month or so looks set to really lift now that it is clear of the $30 area.

The following by Dan Norcini gives a perspective of the shorts being squeezed right out. You be the judge but pleased to have physical:-

http://traderdannorcini.blogspot.com/2011/02/what-is-commercial-signal-failure.html

Probably relates to the gold thread but few seem to be that interested anymore and really its all been said to the converted anyway.

Cheers to holders your day is nigh. IMHO only.
 
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Re: SILVER

Pretty violent moves with silver the last few days...

Im hoping it drops to 30-31 and then lifts off again.

Gives everyone a chance to enter and feel they still got a bargain.
 

doogie_goes_off

disbelieve if you can
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Re: SILVER

PEX - Peel Exploration could be a way to get on the silver bandwagon although on the speccie end of town they have dredged up some old results that could be a gem in the making. The new tenements look quite prospective for the old shiny grey ;););)metal, this illiquid stock may see further action if they wave a drill rig over the top of their best anomaly. I'll be watcing for BESBS entry.
 
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