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SilverAndGoldShop.com - News
Physical Gold and Silver Supplies Are Tighter Than Reported ~ Patrick A. Heller
January 28, 2011
Issue 92
 
Issue 93

Physical Gold and Silver Supplies Are Tighter Than Reported
By Patrick A. Heller

There are two main markets for trading gold and silver: the London Bullion Market Exchange and the COMEX in New York. London by far has the higher volume. There are other exchanges elsewhere in the US and around the globe, but large traders tend to buy and sell in these two markets.

The London market is supposed to be for purchasing contracts for delivery of the physical metal at the maturity of the contract. In theory, there is supposed to be enough physical gold and silver in the London vaults to fulfill 100% of the outstanding contracts. This has not been true for some time. At the Commodity Futures Trading Commission March 25, 2010 hearings on gold and silver regulations, both Jeffrey Christian and Adrian Douglas testified that the London vaults only have enough gold and silver to cover 1-3% of open contracts.

The COMEX, in contrast, is more meant for the trading of paper contracts by investors who do not want to take physical delivery (although they can). The COMEX warehouses only have a fraction of the physical gold and silver that would needed if all long positions demanded delivery of physical metal at contract maturity. Realizing this potential problem, the COMEX allows contracts to be settled for cash rather than the commodity. Gold and silver contracts can also now be settled, at the option of the seller of the contract, with shares of exchange traded funds for the same metal.

In normal commodity markets, the price of future contracts trade at higher prices than those maturing this month. The price difference normally reflects the prevailing interest rate minus a bit for the cost of storage. This typical market order is called contango…

Read The Rest of the Article ...

Traditional Tea Party Rounds             

We are now offering the Traditional version of the Tea Party Rounds. These are high quality, highly polished bullion rounds and are available for sale now at Silver & Gold Shop.

Special Orders____                              

For those wishing to purchase quantities of 100 rounds or more, we have the ability to do custom divisible coins with the following Obverse designs: Morgan, Buffalo, Walking Liberty, Honest Value & Constitution. Custom Special Orders require payment via wire transfer, and are priced at discount. We suggest that you collaborate with friends and relatives to do a group order so you can take advantage of the special pricing and custom minting. Please call or email us if you want to take advantage of this opportunity.

New Shipping Policy                               

Since the 2010 holidays, we are seeing an increase in delivery incidents with our shipping vendor. For this reason, all FedEx shipping will be requiring ‘Indirect Signature’ upon delivery. Indirect Signature can be obtained from anyone at the delivery address, a neighbor, HOA manager, etc. This is not meant to present an inconvenience, but to ensure that if a loss occurs, it will be covered by the shipping vendor.

Quote of the Week                               

"If you want to remain slaves of the bankers and pay for the costs of your own slavery, let them continue to create money and control the nation's credit."

- Sir Josiah Stamp [1880-1941]   

Other Articles      

Buy When There Is Blood In The Streets
By: Clive Maund

How gold became politically correct
Michael J. Kosares

Silver: Supply & Demand
Silver Institute

Silver in Backwardation:
Price Set To Explode

James Turk

MTP is a Free Service
Please recommend to friends, family, & acquaintances to help put a network in place for what may
lie ahead.

Audio/Video      

Silver Eagle Shortage
David Morgan & Mike Maloney

Too Much Gold Paper
Not Enough Metal

John Hathaway

Note: If you are getting duplicates of the S&GS Newsletter, please eMail us and let us know.

 
Contact us at info@silverandgoldshop.com
Phone: 888-203-2232 x 1
Silver Investors: Pick Your Poison ~ Bix Weir
January 21, 2011
Issue 92
 
Issue 92


SGS Notes: The 3rd Friday of each month (approx) is the Options closing date. Traditionally, we've seen downward price manipulations on and around this time because it allows the Big Banks to cover their short positions in time for Options closings… This week was no exception… as we all weather these price drops keep in mind: this is an opportunity to increase your holdings before the projected sharp and major upturn…

Silver Investors: Pick Your Poison
From Road to Roota by Bix Weir

For 10 years I've been hearing from the mainstream media, silver market analysts and even big time silver bugs the various reasons why Silver prices will NEVER skyrocket. There is always some GRAND REASON why my huge price projections of $7,000/oz for silver will never come true. It's gotten to the point that the BEST thing to do when one of these "oh-so-important" discoveries comes to light is to CLOSE YOUR EYES AND JUST KEEP BUYING SILVER!

Now I'm not saying to blindly invest in silver (or anything for that matter) but what I am saying is that as a faithful silver investor you will be confronted with what sounds like VERY good reasons NOT to invest in this precious metal. Biggies. So big that you WILL question your own analysis over and over again and many will choose to leave the silver markets all together. I would even venture to say that SILVER has been denigrated and denounced more than any other investment alternative in the past 40 years.
Many of these SILVER STINK BOMBS seem like VERY sound and reasonable warnings.

So in the spirit of Ebeneezer Scrooge, let's look at these warnings from the PAST, PRESENT and FUTURE.

Read the Rest of the Article Here  

 

 

Quote of the Week                               

"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."

- Napoleon Bonaparte     

Other Articles      

Gold & Silver Content of Common Coins

Gold … Major Buy Signals

Yesterday In Gold & Silver

JPM et al Cover More Shorts

MTP is a Free Service
Please recommend to friends, family, & acquaintances to help put a network in place for what may
lie ahead.

Audio/Video      

A Silver Shortage

Note: If you are getting duplicates of the S&GS Newsletter, please eMail us and let us know.

 
Contact us at info@silverandgoldshop.com
Phone: 888-203-2232 x 1
Silver Rush: Investors Pile Money Into Silver
January 14, 2011 
Issue 91


Silver Rush: Investors Pile Money Into Silver
LONDON (Commodity Online):
January 12, 201
1


Gold has been the hottest commodity that people from India to the United States are piling their money into. Gold's poor cousin silver is emerging as the most luring investment option for traders and common people these days.

What is driving the silver boom? What is it that fascinates investors to silver that used to be the first currency in China centuries back?

Like gold, silver is topping the investment charts these days. In the US, sales of the silver bullion coins have recorded historic high in 2010. A latest commodity report says that silver is the most attractive investment proposition for the people in Australia. In fact, in Australia, people are buying more silver coins than gold coins.

In the last one year-in fact from 2009 onwards-silver price has more than doubled. Silver has boomed to the current $30 level from the $13 level in 2009.

Why is silver booming? Why are investors piling their money into silver?

In this following lucid write up, precious metals analyst Dr. David Eifrig provides some fascinating inputs on silver:

Surging Silver Investment is changing the nature of this market. A couple of years ago, I shared two shocking silver charts with DailyWealth readers.
These charts showed how governments around the globe have abandoned silver as money. They've decided it's easier to expand a nation's credit with fiat paper money than to mine more silver. They've sold off their silver stockpiles to industry and investors.

This trend is decades in the making. At first, much of this silver was used up in industrial manufacturing and processes like photography. That silver is gone forever.

But starting around 1997, silver began flowing into private hands. Folks concerned with wars, investment bubbles, and mismanaged economies were buying it up. They turned to silver as a safe form of savings that can't be debased by a gang of spend-happy politicians.

It was a modern day "rush" into Silver Investment. And Buying Silver back then was a smart move. The metal is up sixfold over the last 14 years...while stocks and real estate have struggled to do anything...and while paper currencies have depreciated in value.

The thing is, the silver rush is still on.

Demand for silver coins is taking off. It's up almost sevenfold from the mid-1990s. The public is catching on to the value of silver, and I expect this trend to continue for years.

Since my first essay back in 2009, the price of Silver Bullion has soared more than 100% - from $13.50 to about $29 today. But over the long term, there's much more to come.

Here's how I explained it in 2009:

"Governments around the world are behaving absolutely stupidly right now. Our vice president just said with a straight face that the government has to spend more money in order to save the nation from bankruptcy. That's crazy...but it passes for conventional wisdom these days.

"In my 30 years of investing, I've never seen so many risks in the financial system. That kind of 'patriarchal thinking' is producing those risks."

The stupid thinking I saw in 2009 hasn't gone anywhere. Governments across the globe are spending with abandon and creating big risks for savers and investors.

That's why it's a good idea to keep a portion of your assets in "chaos hedges" like gold and silver. You should know, I'm not the kind of guy who lives in a concrete bunker. I don't think the world is about to end. I'm not anyone's idea of a "gold bug". I buy this stuff just like I buy car insurance.

You should think of gold and silver as insurance against calamity. You should think of it as a safe store of wealth. And as I've just shown you, many people are catching onto this line of thinking. I expect millions more will over the next few years.


Traditional Tea Party Rounds Coming Back…
 

We will be minting the Traditional version of our
Tea Party Round very soon.
These will be available in quantity
(see discount rates at right) as well as
smaller individual orders.
Please call or eMail us if interested in
placing a quantity order.

 


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2011 Silver American Eagles…


Each year the US Mint's production of new Silver (& Gold) American Eagles is released late in January. We can special pre-order these right now, but will be carrying 2011 Silver Eagles in stock once they are available. Please call or eMail us if you would like to pre-order now.
 


Other Articles of Interest

US Mint Reports Unprecedented Buying Spree Of Physical Silver
Zerohedge

Silver: From $30/oz to
Over $500 by 2020

Jason Hommel

Virginia Offers HR 577 and Alternative Currency to Protect Itself from "Likely" Federal Reserve Meltdown
Before It's News

Ongoing Battle for the
Silver Market

Silver Coin Investor

____________________
 


MTP is a Free Service
Please recommend to friends, family, & acquaintances to help put a network
in place for what may lie ahead.

_____________________

SGS Volume Discounts

SGS has received several inquiries of late regarding our volume discount program. Our volume discounts apply only to non-numismatic rounds and begin with quantities of 200 ounces or more as follows:

200 -500 oz - $1.00 / oz discount
501 - 1000 oz - $1.50 / oz discount
1001 or more - $2.00 / oz discount

Volume orders will need to be placed by phone at present. We welcome individuals to enlist acquaintances to join them in a group order to take advantage of these discounts.

With the recent price drop
This is an excellent time to
take advantage of
volume discounts

_____________________
 
 

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as they come up throughout the week

Quote of the Week

"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand. "

Milton Friedman



 

This Week's Videos
 


The Real Value of the Dollar
Robert Kiyosaki

Gold and Silver: The Price Is High For A Reason
Lind-Waldock Strategist Jim Comiskey talks about the relationship between precious metals and other commodities.

 

Contact us at info@silverandgoldshop.com
Phone: 888-203-2232 x 1
Making Sense of This Week's Takedown
January 7, 2011 
Issue 90


SGS Notes:
If you've been following the SGS Newsletter you will know that we try to bring the latest and most relevant news from the precious metals marketplace and commentaries by experts to our subscribers.

Often, it's a great challenge to select from the volume of material we peruse each week, the item(s) that have the most relevance and are the most understandable by the average person.

If you've been following the price action in silver and gold in the past 2 weeks, you will know that both metals made historic highs at the end of 2010, and have both had significant drops in this past week's action.

When we see this type of volatility in the market, there is a flurry of writing on the subject, making our task to select the one most relevant article for our feature article.

So this week, we've decided to bring you links to our top selection of informative articles for your reading, and allow you to decide which has the most relevance to your situation.

Happy Reading!

Making Sense of This Week's Takedown

Trader Dan's Daily Gold Action

Gold Over $2,000, Silver Above $50 in 2011
John Embry

New Buyers Taking on Silver Shorts is Very Bullish
James Turk

Silver 'Misbehaves' in Recent Rally: Time to Buy
Jeff Nielson

The Precious Metals Manipulation Explained
R. D. Bradshaw

Some Thoughts on the Manipulation
Hugo Salinas Price - Plata.com


Interesting Tidbits

Gold Vending Machine Unveiled In Vegas

Who Said The Dumbest Thing
About Precious Metals in 2010?

Adrian Douglas - GATA

Silver Joins Gold As Currency
Larry W. Reaugh

Silver Acticoat™ Dressing Wins
Lifetime Achievement Award


From the Bulls


Holding Physical Gold Is Absolutely Critical
To Your Financial Survival!

Egon von Greyerz of Gold Switzerland

Silver Is About As Close As You Can Get
To A Sure Bet! Here's Why

J. Edwards of Gold Stock Mania

The U.S. Dollar: Too Big to Fail?
Jerry Western

Win-Win-with-Silver
Jerry Western

 

See what we mean?


2011 Silver American Eagles

Each year the US Mint's production of new Silver
(& Gold) American Eagles is released late in January. We can special pre-order these right now, but will be carrying 2011 Silver Eagles in stock once they are available. Please call or eMail us if you would like to pre-order now while spot pricing is on
a down-cycle.

_____________________


MTP is a Free Service
Please recommend to friends, family, & acquaintances to help put a network
in place for what may lie ahead.

_____________________

SGS Volume Discounts

SGS has received several inquiries of late regarding our volume discount program. Our volume discounts apply only to non-numismatic rounds and begin with quantities of 200 ounces or more as follows:

200 -500 oz - $1.00 / oz discount
501 - 1000 oz - $1.50 / oz discount
1001 or more - $2.00 / oz discount

Volume orders will need to be placed by phone at present. We welcome individuals to enlist acquaintances to join them in a group order to take advantage of these discounts.

With the recent price drop
This is an excellent time to
take advantage of
volume discounts

_____________________
 

Become a Fan on Facebook !
http://badge.facebook.com/badge/378524044568.4264.837032185.png

We frequently post news of interest
as it is breaking on our FB page.

Become A Fan to receive
additional articles of information
as they come up throughout the week

This Week's Video

Gold and Silver Prices Signal the
Destruction of the Dollar

 

Contact us at info@silverandgoldshop.com
Phone: 888-203-2232 x 1