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Here Are The Real Reasons Why Gold And Silver Plunged Mike "Mish" Shedlock, Global Economic Trend Analysis Sep. 24, 2011, 7:28 AM Many people have asked me to comment on the plunge in gold and silver. First let's take a look at the wrong answer: Case Closed: CME Hikes Gold, Silver, Copper Margins And there you have it: CME just hiked gold margins by 21%, silver by 16% and copper by 18%. Mystery solved. Sorry Tyler, wrong answer. Four Reasons for Metals Plunge * Fed did far less than expected * Mutual fund redemptions * Margin calls at hedge funds...

On July 25th, I provided a warning that gold and silver prices were NOT too expensive despite the propaganda of the commercial investment industry to the contrary, specifically for three reasons I outlined in the above linked article.  We have just witnessed gold's price move higher by $98 an ounce and silver's price move higher by $0.64 an ounce in about one week's time. With everyone mesmerized in the past week with the issue of whether or not the credit rating agencies would downgrade the US’s rating, I tweeted the following this past July 29th: “think that a deal to raise...

For those haven't seen the evidence of Tuesday's blatant silver manipulation (which we expected beforehand here), where the cartel sold 250,000,000 paper ounces of silver (1/4th of Global world silver production) in 1 minute to smack down silver, prepare to have your eyes opened. 5 times the volume of all silver mined in the US annually was sold in 1 minute to knock silver below $40. We have said repeatedly to expect the cartel to become more and more like a caged animal as the silver manipulation end game nears.

The old Cold War USA-USSR nuclear arms race has been replaced by the new East-West Central Bank battle to accumulate physical gold and physical silver reserves. While Western Central Banks and their puppet bullion banks have distracted and goaded private citizens with the invention of fraudulent bogus paper gold and paper silver derivative products, including ETFs more recently, and paper futures contracts for a much longer period of time, they themselves have been making sure to avoid the very fraudulent paper products they have invented and have been diving headfirst into real physical precious metals. As Central Banks continue to...

In the past few minutes both gold and silver have seen a dramatic rally of buying on seemingly no news. The reason for this rally are remarks from a Bloomberg TV interview with FX Concepts' John Taylor, who just predicted that Gold will extend its rally to $1,900 by October, or in three months, coupled with a rally in the Assuie and Loonie as the EU debt crisis eases. But not for long: this record price will be promptly followed by a plunge down to $1,100 following liquidations as the latest and greatest recession grips the world, which he believes...

When considering the purchase of gold and silver it’s important to understand why you’re buying it, because that will influence what you purchase. The most typical reasons people consider buying gold and silver fall into three basic categories. - Business uses: As a hedge against inflation and counter-weight to cash investments such as bonds and money market funds. - As a crisis currency:  So when things finally collapse you have something to trade for supplies.  - As an investment: This would be mainly collectible coins with numismatic value.  To help choose between those options, you have ask yourself whether in...

Wonder why Europe is pressing so hard for Greece (and soon the other PIIGS) to collateralize its pre-petition loans on a Debtor in Possession basis? Here is your answer: "Yesterday’s unanimous agreement by the European Parliament’s Committee on Economic and Monetary Affairs (ECON) to allow central counterparties to accept gold as collateral, under the European Market Infrastructure Regulation (EMIR), is further recognition of gold’s growing relevance as a high quality liquid asset. This vote reinforces market demand for a greater choice of assets that can be used as collateral to meet margin liabilities." Luckily for Greece, it has 111.5 tons...

.....And now we need to also remember to prepare.... GOLD & SILVER - Alert >> The Final Countdown - Get prepared don't hesitate. (bank collapse coming) These videos have to do with the banking holiday - the shorts in silver are going to cause banks to close. Suggestions on what to do now. Go to Google news and put in "currency wars" as a search term. GOLD & SILVER - The Final Countdown - Get prepared don't hesitate. PART 1 - http://www.youtube.com/watch?v=Do3kzXLfE4A GOLD & SILVER - The Final Countdown - Get prepared don't hesitate. PART 2 - http://www.youtube.com/watch?v=ctTtYBX_JSo Please, ensure...

(summary deck only) Silver futures contracts fall $3.19, or 7.5%, to $39.38 an ounce, their third consecutive decrease since hitting a record $48.58 on Friday. Most other commodities also retreat.

Soros Has Begun Dumping Gold And Silver, While John Paulson Says Gold Will Go To $4,000 Joe Weisenthal May 4, 2011, 5:07 AM John Paulson told a UK news show on Tuesday that gold is going to $4,000, reports WSJ. Despite some recent gyrations in the precious metals arena -- more so on the silver side of things -- the prominent investor remains super-bullish for the next 3-5 years. On the other hand, according to reporters Gregory Zuckman and Caroline Cui, Soros has been a seller of gold and silver lately. What what's interesting is why: Soros no longer sees...

John Paulson told a UK news show on Tuesday that gold is going to $4,000, reports WSJ. Despite some recent gyrations in the precious metals arena -- more so on the silver side of things -- the prominent investor remains super-bullish for the next 3-5 years. On the other hand, according to reporters Gregory Zuckman and Caroline Cui, Soros has been a seller of gold and silver lately. What what's interesting is why: Soros no longer sees a big threat of deflation. Huh? Yes, while the average person may still think of gold as a bet to counter inflation, the...

HUGE quantities of antique silver and gold were scrapped last week as precious metal prices hit record highs. Silver dealers in particular clamoured to take advantage of a two-fold hike in the bullion market, the like of which has not been seen for 30 years. Driven by a weaker US dollar and continuing tensions in the Middle East and North Africa, the prices of gold and silver hit new record highs on Monday, April 25 (a bank holiday in the UK) and on the European markets the following day. Gold rose as high as $1518.30 (£918.70) an ounce, while silver...

One word (well technically two) can describe what is going on in the electronic pre-market arena right now: inflationary hysteria. Gold is at a new record, wheat is surging, corn is at highest since 2008, crude at a new 30 month high, silver is at $41.10 - a new fresh post Hunt high, beans surging, etc, etc, etc. Essentially everything is bid, following news first reported on Zero Hedge that PIMCO is betting the farm that either inflation is about to go parabolic and force bondholders to dump everything, or that the Fed will have no choice but to pursue...

MUMBAI: India, the world's No. 1 silver buyer, is on track to show sharply higher imports this year of the metal near 30-year peaks, as consumers normally fond of more expensive gold seek to lower cash outlays. "Certainly there has been an increased interest in silver, and it's drawing interest from people who cannot afford gold, even return-wise the metal has done well," said Haresh Acharya, head of the bullion desk at Ahmedabad-based gold wholesaler Parker Agrochem . India's silver demand averages 2,500 tonnes per year and the country, which produces around 7.3 million ounces a year (206.95 tonnes) according...