“The Coming Paradigm Shift in Silver”

Posted by on January 30th 2012 in Bailout, CFTC, China, Federal Reserve, George Soros, Gold, Monetary Policy, Short Sellers, Silver, U.S. Congress, Wall Street | Be the first to comment!

Steve St. Angelo, who recently wrote about 2011 being the first year in which silver coin sales will surpass domestic silver production in both the U.S. and Canada, argues for a “coming paradigm shift in silver” that will send silver to a triple-digit price, but “will not happen due to technical analysis, fundamentals, or supply & demand forces, but rather due to a change in mass psychology of investors.  Even though fundamentals and supply-demand forces will play a part in this shift, they will not be the ultimate cause.”

Related Links:  

Dow Jones:  Comex gold eases on euro caution

MarketWatch:  Gold closes $1 lower on higher greenback; silver falls 26¢

Kitco:  Speculators continue to build bullish positions in metals

SilverSeekSilver market update

SafeHaven:  Silver: Epic reversal

China Daily:  Spring festival sparks a ‘gold rush’ in China

Bullion Street:  China gold sales up 57.6% during first week of Dragon Year

Wall St. Cheat Sheet:  Is 2012 the year of the Golden Dragon?

Mineweb:  Gold the hottest currency – just ask the Chinese

MarketWatch:  Gold bull methodically takes profits

KWN:  Richard Russell – Gold threatening dollar’s reserve currency status

Gold Scents:  “A lot is riding on the dollar right now”

Tim Iacono:  Will Bernanke’s war on savers kick off the U.S. gold boom?

Alasdair Macleod:  FEDging the figures

Rep. Ron Paul:  Failed Fed policies prolong the agony   

Lewis Lehrman:  2012 is the year for a gold plank in GOP platform

USA Gold Survivalist George Soros

Comments are closed.