One year ago marked the beginning of silver returning to it’s rightful role as money in the world. One year ago silver was at $17.76 an ounce after a very long and drawn out consolidation that went all the way back to St. Patrick’s Day 2008. One year ago was the beginning of silver’s breathtaking run to almost $50 an ounce, a 178% return. Even today, despite the massive paper attack in May and the last two days, we are still up 104% year over year.
When I published the ground breaking Silver Bullet and the Silver Shield article February 25th silver was at $32. On June 27th I said to buy physical silver at $33 silver. Both date’s were very good days to buy and never went below those numbers. Now I am telling you all, for the last time, buy physical silver. I will be taking this weekend to make every effort I can to make those that have been wavering in their purchase of physical silver, to make the commitment and to do it before the end of this month. I believe that we are on the knife’s edge of a major shift that will make silver untouchable if you do not secure your metal right now.
The end of this month marks a seasonal shift for silver investors and the end of the “sell in May and go way.” With the expiration of the CRIMEX contract today and with Bernanke’s possible announcement of QE3 tomorrow, this could be that last, best time in your life to buy physical silver. If you look at this 37 year seasonal chart for silver you can see that the last week of September is the beginning of a very strong seasonal move in silver that should take us into another strong run all the way into February. If we get something similar like we did last year and it runs until May, we could see $100 silver early next year.
I do not believe we will see $100 silver, because of the massive fraud in the metal suppression business will make silver unattainable. Silver and gold are direct competitors to the Dollar. The folks at the Fed, the Treasury and JP Morgan do not want to see silver rise in price. They suppress the price, because if silver rose that would mean that the basis for all of their power, the dollar, would become worth less and eventually worthless. Andrew MacGuire exposed this fraud and nearly paid with his life in a very suspicious hit and run. His claim is that there is 50 to 100 times the amount of paper traded for every physical ounce of real silver and gold. Just look at all of the manipulation in the May silver drive by shooting I reported on. The Elite use a myriad of paper schemes to suppress the price of the physical metal. They all work rather effectively, until the day comes that they cannot deliver on what they promised.
This coming seasonal silver bull run will coincide with a collapse in the dollar and the world’s paper markets. There will be a rush of humanity into anything of real tangible value. Unfortunately, there is going to be a lot of upset people who think they have gold and silver, only find out that they only have nothing. If you don’t hold it, you don’t own it. When this new reality becomes evident to those that do have the metal, they will not part with it for some paper money that they did not want years before. (Read: The 11 Mentality Shifts of Silver Investors.) That shift can happen in the span of a few days. With the length of time I know it takes to move money around, if you wait until “it” happens, it is too late. (more)
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