DAVES PRIME EVENTS CATALOG

I set great score by the accuracy of the material presented in my Blog. A single source of information is not enough.
The level set is that of a Jury; Does the material meet the standard of "Beyond Reasonable Doubt". Because the material is so far beyond what a person is exposed to the standard is higher. You can perform the checks & balances yourself. I hope you will as your life and the future of the Human Race hangs in the balance.
We live in a time that might occur once in 25,000 Years.
Showing posts with label silver. Show all posts
Showing posts with label silver. Show all posts

Thursday, April 7, 2011

Silver Liberation Army Official Communiqué No 2: Formal Declaration of War on Banker Occupation


To all of the governments of the world; under banker occupation. Greetings. This is an anonymous communiqué from the Silver Liberation Army.

We want you to understand your current and dire situation. We, as good citizens of the world, have formally declared war on you.

We, unlike you, do not require your tools of death, destruction, and chaos as provided by your military industrial complex that you use to spread your brand of corrupt mutant capitalism through tyranny.


To win this fatwa all that we need is truth and we will destroy your reign of financial terror without ever causing physical harm. To destroy you we are going to collapse JP Morg and the Ben Bernank by buying all available supplies of physical silver bullion.

We will expose all of the J P Morg short positions leading to the printing of more fiat currency, thus diluting the value of it to the point of it becoming worthless; causing the good people of the world to lose faith in your corrupt institutions.

We are winning the Info war because we speak truth. We are winning the Info war because you speak lies, you use weapons of death, destruction, and enslavement on the good people of the world.

You sacrifice the health of mother earth and humanity for the sake of wealth, power, and greed. That will be your undoing. The good people of the world are waking up to how you are using them to satisfy your power and control cravings through austerity measures imposed because of your self-serving interests.

To the good people of the world:

Crash J P Morgan. Buy Silver.





The Official Silver Liberation Army!









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Christopher Barker: & Bill Murphy: From GATA

Barker: I think it's a failure of investors to understand the implications of this story, whether they're invested in precious metals or not.

Murphy: Well that's one thing we tried to do with the Wall Street Journal ad; that's why we paid $264,000 to wake people up, and that was two months before the financial markets collapsed.

Barker: One part of your testimony that jumped out at me was actually a quote from your Wall Street Journal ad, where you said: "Manipulation is a primary cause of catastrophic excess in the markets." Could you explain to my readers how gold price suppression could facilitate market excess?

Murphy: What's important for your readership to understand is that the markets have been made dysfunctional by U.S. policy and what these bullion banks are doing. Even Alan Greenspan said recently that interest rates were left too low for too long. Had the gold price been allowed to trade freely, interest rates wouldn't have been able to stay down as low as they were. It would have been a warning sign for people not to get involved in the behavior that they did ... not to go with all of the risks that developed. And there's a good likelihood that the disaster would have been nowhere near as bad as it was.

Alan Greenspan called gold a "thermometer." So they diffused the thermometer by keeping the gold price managed. And what's important for people to understand now is that the same thing is going on. If we're correct, it's going to lead to a bigger catastrophe, because no one has learned any lessons.

Barker: In your view, what is needed to convert these myriad allegations into the kind of slam-dunk case that commands widespread media scrutiny or prompts a regulatory overhaul?

Murphy: How has every scandal that has really been an important one broken? Revco, Enron, Madoff ... it has to blow up. And it's so sad. All the whistleblowers at Enron, and in the Madoff scandal, were ignored or ridiculed, like we've been ridiculed for the last 10 or 11 years. It's always the same, because we're taking on the rich and the powerful in America ... and they don't like it. Unfortunately, that's what it's going to take. It might be some kind of default on gold and silver delivery. It takes the markets to blow up, and then you have the big to-do about 'how could this have happened?' It makes me sick to my stomach.

Thank goodness for the Internet, though, because it's changing everything. The story that we're telling, which we believe will go down as one of the great financial scandals in American history, would never have been discovered without the Internet, because none of us would have met each other. It's truly remarkable what the Internet is doing, and it's allowing the little guy to take on the big guys. As hard as it is still, at least we have a chance.

Tuesday, January 4, 2011

2011 : The Paper Money Experiment is nearly Over

For those of us who are awake to the encroaching disaster that has taken down Greece, Ireland, Iceland, and is now about to meet a mess that will be to big to fix.

The failure of Spain, Italy the United Kingdom or the United States to continue to hold the confidence of the Worlds big players will topple all the Fiat based based currency's.

Put simply whatever your nationality the money in your Bank Account and in your wallet is going to be worth the paper its printed on..nothing. The experiment of issuing IOU's to the individual in exchange for their labor or goods is a very new idea. About 40 years we have had money that is backed only by "Confidence". Confidence in the Government and Banking system. Never before has this situation existed in 4000 years of civilization.

In many language's the word Silver has literally translated as "Money", money has always been backed by some tangible commodity either Gold or Silver (or Copper) for the past 40 of these 4000 years this has not been the case.

If you have faith in your Banks and Government those same Banks and Governments that brought us to the brink of Financial Armageddon. The system almost crashed. Without the pumping of Trillions of previously non existent money into these institutions you ATM would have been closed on the Monday morning.

So we got close to system crash, Blue Screen of Death for the entire Financial system, now we are a few years down the track and the real powers behind the Thrones would have us believe that the approach of creating money by purchasing your own debt can continue indefinitely.

Does this make sense to you? When you look at graphs of the US and EU Debt going in an exponential streak , a virtual strait vertical line up of debt in amounts that equal the entire world GDP 10 times over. How can 1.8 Quadrillion of Debt in Derivatives even exist?



Its insanity, the price of Gold and Silver has begun to reflect the move of many people into these solid real Momentary units. One Ounce of Silver is $30 ($31 last night) Gold is $1420 USD. This is just the beginning, if you consider that insider trading (Shares owned by CEO and other members of the Worlds largest companies is now 3000 to1. In other words for every 1 Share these big boys buy they are selling 3000.

They are investing the money into commodity's, not Share or Bonds. Listen to the TV "Experts" they will tell you how wonderfully the Market has 'Recovered'. They tell us its safe to go back into the 'Water'.

Are you really ready to take it on faith that these bits of paper, Stocks, Bonds and Paper Money are really worth betting your life upon? Would it not be wise to buy some food supplies; this is an entirely reasonable bit of Insurance even if what I am suggesting is Bull%$#t ?



How about exchanging some of this paper they call Money into some Gold or Silver ? Is the proposition that we could have another failure like last time that they cannot fix with more "Quantitative Easing" ?

What I am proposing is not a wild conspiracy theory, it nearly happen once, and the people we have in power do not inspire faith. "Yes We Can" Obama (Or was it Bob the Builder?) and the other big shots that supposedly have our best interests at heart. Do you trust them with you family and whether you can feed them in event of a natural disaster like the Queensland Floods?

We are adults, we can take some simple reasonable steps to protect ourselves. Even if you believe in a benevolent caring Government and a selfless honest Banking system run by honest honorable and ethical people; taking the steps outlined is a reasonable thing to do.

6 weeks supply of Food

Some Silver & / or Gold coins

A Water Filter (Bench-top Model is $200)

Some cash in case the Banks are forced to close for a "Bank Holiday"

A Medical Kit & Battery powered Light, Portable Gas Cooking equipment.

Its 2011 my opinions are clear throughout my Blogs, you do not need to share them to see the common sense above. Take some small step in buying real "Insurance". You buy the other sort on faith they will pay out. This Insurance is no loose.

Today 4 Jan 2011 = 79.269

Saturday, August 28, 2010

Buying Gold and Silver, various considerations from personnel experience.

Buying Gold and Silver, various considerations from personnel experience.

There are numerous ways to buy Gold & Silver, combinations of Coins and Bullion of both. Allocated storage, private vaulting or a hole in the ground. Safety Deposit Boxes are not in my opinion a good place to store anything except documents. In the USA they can be seized and you are trusting a Bank. That alone is a bad idea with there track records.


I tend to have fairly radical views on the present state of the worlds Governments, Currency’s. The Banking and Political establishment have track records of bad / Disreputable / incompetence and stupidity. Our Government whatever it is will be no better than it was. The Australian Government ‘Guarantees’ deposits 100%. In a World currency or Banking collapse that guarantee is not in MHO worth anything, Paper Money is exactly what it is; Paper backed by faith.


With regard to the experiences I have had investing in the Precious Metals market (And I am not an expert, this is not Investment advice) I prefer a mixture of both Gold and Silver some of each; in Coins and some in Bullion form.

Purchasing ‘Physical’ Silver & Gold involves paying a ‘Mark Up’ from the Spot price and living in Australia, we also have to take the value of our currency
into account.

The Australian Dollar is a “Commodity Currency”; in that it is high relative to the USD when prices for commodities such as Coal, Copper, Iron Ore etc are high and demand (usually from China) is also high. Lately the range has been around .885 to .910 to $1 US. Hence Gold at Spot of 1237.37.


Alternatively when our Currency is at .6500 to $1USD your investment appreciates as the Aussie drops, this relationship can be looked at as an investment in our Dollar, its loss is your gain….after you have purchased your Bullion at for example AUD $.8800. At AUD $.6500 today’s Gold ounce would cost $1980.


I will use today’s price (27th Aug) and the AUD at .8847 will translate to a Spot Price of $1398.52 Australian. Add to that, the mark up from the trader selling you the 1 Ounce of Bullion, it varies but 5% is a rough guide. 1 Oz will cost you $1,424.00 add to that Shipping & Insurance $30 (Depends on weight and value of the purchase.) The total delivered overnight to your door is $1454.00.


Another option (I prefer this as its safe and cheaper) is a one off payment in this case, of $15 +$5 for each purchase after that to have your Gold stored in the dealers Vault. This way you can buy a bit each week or month as suits you and eventually have the lot delivered or sold back to the dealer. These costs vary between dealers. A 10% Payment secures your order over the phone at the current market price. The balance usually required in 24 hours.


For example you decide to add a Kilo of Silver Bullion to the order, the USD Spot Price today is $18.94. Translates to $AUD spot price of per KG $ 688.30. The mark up on Silver is a bit higher than it is for Gold, your Kilo (32.15 Ounces) will cost $729.00.AUD


Lets add some Bullion Coins, as distinct from Numismatic coins, stay away from Numismatics, they are for collectors, they look pretty but the mark ups are very high. Using today’s prices again for example a 1 Ounce Gold Coin. Note # (All Bullion & Coins should be 99.95% to 99.99% pure)


To buy a 1 Oz Australian Gold ‘Koala’ will cost $1,476; (enclosed in a plastic container for safe storage) hence from the Spot price of $1398.00 the ‘Premium’ or mark up is $78 from the Spot of $1398. If you decided to sell it back to the dealer the same hour, as prices change over a day. The ‘Buy Back’ will be $1,384 a loss of $92.

Purchase a Silver coin, only realistic economically in lots of 20, preferably 100 at a time, (a single coin is about $32 to $35) lots of 20 x 1 Oz Tiger/Koala coins the total is $554. ($27.70 per coin)

A Kilo of Silver in coins will set you back $ 890.55 compared to the Bullion price of $ 1 KG - A $729. The least expensive way to purchase Silver is in Bullion bars 100 ounce for $2,259 or 10 KG = $7,263 plus the $5 /$15 vaulting fee or S&H depending on how much weight / insurance value.

The premium on coins is cheaper if you buy the 1Kg Coin ‘Koala’ 2010 Coin $794.00 compared to a Kilo of Bullion for $729.00 a lot less mark up than the 1 Oz Coins. (A very attractive coin with a $30 face value)


If your worried about a Mad Max scenario in the future; then having some Gold or Silver coins is better than trying to buy a sack of Rice, and having only 100 ounce bars. You cannot use a Hacksaw and chop off ounces J Its not going to be practical, a 1 ounce Silver coin is more appropriate. That $27 you pay today might be worth $270 in a few years.


Silver is projected to be the first metal to become ‘Extinct’ or at least very rare, for every ounce of Gold there used to be 15 of Silver in the Earths crust, now the Gold still exists nearly every bit ever recovered. With Silver its used Industrially and is vital for many Electronics.

Silver is not recycled as Gold is, every Computer in the town dump has some Silver in it, that Silver is gone forever. Above ground only 600 Million Ounces a year are mined and there is no real stockpile as there is with Gold.

WARNING: If you decide on taking physical delivery Its not a good idea to advertise it to the neighbors! Find a safe place in your home, and rule # 1 Do Not Tell Anyone About It. Dig a discrete hole in the ground or use a private vault. Personally Allocated storage with the dealer is the best. It saves on Shipping and allows you to sell back a portion if you need cash its in your designated Bank account in a matter of hours to a day.

In each state of Australia there are dealers, different dealers offer various variety’s of metals, Platinum, Palladium, various sizes & weights. The buy back prices also vary; don’t let a dealer talk you into Numismatics unless you want to be a collector not an Investor. The premium you pay from the Spot Price on coins goes up as a ratio or % to the price.

Above information is derived from Ainslie Bullions Price Sheet of 27th Aug 2010


Ainslie Bullion - Gold and Silver Bullion


Other Dealers:

Silver Coins - Australian Bullion Company













The Perth Mint Australia


W Davis & Son - About Us (Melbourne)



# Allocated means your name on it figuratively speaking. Unallocated is the sort of thing you get buying through GLD or SLV, there is some well founded suspicion that in some of the big ETF’s Bullion is ‘lent out’ on a Fractional Reserve Basis and the existence of 40 owners to a single bar is a strong possibility. # GATA has compiled so much more evidence of central bank manipulation of the gold market here:



















7

Forget October; the time to buy Gold & Silver is now.

Forget October; the time to buy Gold & Silver is now.

In a previous post I considered October to be a good time to purchase Precious Metals (PM’s). My thinking at the time was that the US Governments refusal to release information about future spending, and possibly more “Quantative Easing”, ‘Stimulus’ etc; indicated that another Trillion or so US Dollars are going to be dumped by Bens Helicopter.

Further evidence is the US Administration keeping the news ‘Black’, until after the next Election in November. The resignation of 2 of the 4 primary fiscal planners. Leaving us with the ‘Brilliant’ Larry Summers and equally amazing Timothy Gietner. (both of Goldman Sacs origin)

I thought October would be the ‘shorts’ last chance for stomping down the price and exit their positions, before whatever is in the Budget is known to the rest of us Peasants. It seems if they could have brought down the price this month they would have. It seems the upward pressure is too strong and waiting for a significant dip might not be a good idea.

Hence the possibility that the world might wake up in November and surmise that the United States was going to further dilute, or destroy the US Dollar. People desperate to find a way to preserve their wealth would look towards the Precious Metals market. September is upon us, market forces win out in the final analysis, and the manipulators have to eventually give way to the fundamentals.

I might be wrong and they have another shot to fire? If not, then the third leg of the upswing in prices would begin. The markets for both Silver & Gold are small. only a fraction of available investment cash would be needed to push prices up. Many analysts have predicted prices from $2500 to $10,000 ($US) a list of these can be found here.



Here in Australia we have to factor in the Currency situation, if our Dollar is weak then the price of Bullion & Coins is higher. Personally; if the Aussie is in a range of .88 to .91 that would be enough to remove it from the negative, to a positive in favor of purchasing now.

The other major factor is the time of the month, end of month Options Expiry has often been a time for the Short Seller / Market Manipulators to enter and crush the price down. They have succeeded in keeping bullion prices down for 40 years even longer if you go back past the decoupling of the USD from the Gold Standard in 1971.


Gold made a recent run up to $1240 USD and the best the manipulating gang could do was push both Gold & Silver down a very small fraction of percentage. To my thinking the combination of declining short positions by JP Morgan, and Goldman Sacs predicting higher prices, add the recent Housing Market figures pushing the Dow below 10,000; all point to the beginning of the end of the price suppression.

When a commodity like Gold has been artificially kept down for nearly a Century (A short history found here ) the movement of people from paper; Unallocated ETF’s like GLD & SLV and the probable 40:1 ration of paper to real Gold; the ingredients for a Bull Market are all in place. Gold at $1240 & Silver at $19.00 is going to look very cheap a year from now.

Hence, if you have been hesitating, waiting for a pullback it might happen, but, it will not be very much, the upside probability is so huge that even a $50 pullback will look trivial in the face of Gold at a conservative $1350 short term (Weeks to Months possibly after November Elections are over and the ‘Black’ Budget information is released) longer term $2500 to $3000.

To my thinking the Stock Market here or in any Western country is headed down. Green Shoots will be remembered as an optimist’s fantasy, wealth preservation is probably the most important issue for us all. Insurance for the future is a large enough percentage of your portfolio, invested in the only commodity that gives security. Even in a Deflationary environment should it occur here in Australia, Gold & Silver would at the very least; preserve your assets.

You insure your home, your car and your life. Precious Metals is at the least insurance of your wealth and they are not going to get any cheaper and our Dollar is probably not going to ascend past .91 at a very optimistic reading. Nor is it likely that a substantial pullback is going to happen. Time to get off the pot.

Thursday, July 8, 2010

Silver : The Quiet Metal

October 2010 would be next opportunity providing all follows history; Bull Markets have three stages , first a slow upswing , second consolidated upswing when Investors desperate to find 'Parking Space' for money, (we are in beginning to middle of stage 2. Stage 3 Public and anyone else all gripped by 'don't want to miss out' like a Real Estate / Dot Com / Tulip / boom.

Third stage is a growing bubble, irrational exuberance. Mentioned in evening news programs..."Today Tonight" "Should you be buying Gold?" Koshie holding the Breakfast Show in a Gold Vault. Third stage starts when people become aware of this small corner of the worlds 30 Trillion Economy, possibly strikes during a Sovereign Debt Default or recognition US Dollar is not a Safe Haven.

Note: commentators as applied to Gold rarely use the words “Safe Haven” anymore. Plenty of people ready to buy scrap Gold, very few selling and no big talk from Media about Gold.

Silver, you would not know the stuff exists lest of all that its very cheap, the Media is owned by the Elite, Silver is a very small market. Some estimate 200 Million Ounces actually available in World Stock piles. Half a Billion $ would dry up the Market.

My thinking is when no - one is talking about something, especially Mainstream Media then its probably worth a look at. Physical Possession is only real safe way to own Metals. Stocks are very vulnerable as Silver is Mined as a By Product of Tin , Lead etc mining. Stocks are not a safe option.

Deflation is probably the only scenario where Gold & Silver could be adversely effected. Even during the Great Depression after initial drop during Deflation phase Gold gained 30% after meddling by FDR and JP Morgan.

Little known fact: JP Morgan avoided duty in Civil War by paying $300 to have another serve in his place. This was Legal, can't have the Elite's kids being blown to bits by Bullets Daddy manufactured.

Today Silver is $18.40 USD per Oz, Aust Dollar @.86, that's $22 Australian, for an ounce in a 100 Ounce Bar, a machined coin is $26 to $27 for one Ounce. Buying a 10 Oz Coin the Machine price drops to $25.50.
If buying the 1 Kg coin the cost per Oz is $24.17. It would not take much for Silver to reach an Australian Spot price of 24. Per Oz. ($19.50 US per Oz with Au Dollar at $.81 to the US $ = Aussie Spot of $24 per Oz in Bullion form not a shiny 10 Oz coin.

The price of converting Bullion into Coin is not fixed, at present its about $5 an ounce, if Silver doubled in price the 'machine costs go up as % of cost of coin. Hence Silver coin of 1 Oz at $30 + $9 to $12 in overhead,

Britain is putting a 20% GST on all Silver coins, US is preparing $600 'declaration' limit (Name & Tax Please).

Ideally Silver and Gold will continue upward at steady pace, 14% up this last year. A good Investment is one that has a low probability of loosing 50% -100% of value. Silver is never going to loose 100%; highly unlikely 50%, 10 or 20% on ups & downs always a possibility.

Long Term.... 2 to 5 years, the price should Triple. There is 1 Oz of Gold for every 15 of Silver in the ground. The price of Silver should normally reflect this ratio. Presently it takes 67 Oz Silver to Buy 1 of Gold (67:1). Ratio at (15:1) = $80 per Oz, that just reflecting the fundamental supply ration. If reserves are as low as we think they are ???

"The Commodity Exchange Inc. said there was another 64.5 million ounces stored in COMEX warehouses in the Eligible category, which silver could presumably be coaxed into the Registered class at some silver price.

All together there were about 114 million ounces in both classes of inventory in COMEX warehouses which is about 16.4% of all the silver contracts sold as of June 22.

Historically only a small fraction of open silver contracts are actually held to maturity and delivered into. Currently it would take something on the order of 9,900 contracts standing for delivery to exhaust all the Registered silver now held by the COMEX. That is equivalent to just under $900 million worth of silver at $18.00 USD. "

It would not take much to fire up Silver...One Billionaire

http://goldsilver.com/newsletters/newsID/8580/ref/1