gold

“There Is Something Changing In The Market” – #CEO Hints Of Massive Shortages As Tech Manufacturers Are Now Going Direct To Mining Companies In Search of #Silver

June 1, 2016 by mac slavo

If there’s one thing we know about precious metals, it’s that everyone has an opinion about how gold and silver will behave as we delve deeper into global economic crisis. So, who better to give us a bit of perspective than the Chief Executive Officer of one of the world’s largest primary silver producers?

Keither Neuemyer, who has been an outspoken critic of rampant price manipulation on commodity exchanges is the CEO of First Majestic Silver and the Chairman of precious metals mineral bank First Mining Finance. His latest revelation suggests that despite billions of dollars being traded daily on paper exchanges, physical silver supplies around the world have tightened to such an extent that manufacturers have been left with no choice but to come directly to mining companies to acquire the precious metal for their high-tech products. With this in mind, and the fact that silver demand today is greater than when it was trading at nearly $50 in April of 2011, one can’t help but think that based strictly on the fundamentals we should see a much higher price in coming months and years.

We got approached by an electronics manufacturing company that manufacturers cell phones and computers about four weeks ago… There were three of them in the meeting and they wanted to bid on our silver… It’s the first time in the fourteen years that I’ve been with First Majestic that we’ve ever been contacted by an electronics manufacturer… That tells me there is something changing in the market.

Full interview via Future Money Trends:

(Watch at Youtube)

Despite the supply demand fundamentals clearly indicating prices should be significantly higher, Neumeyer understands that this isn’t always the driving force behind market moves.

I don’t think it’s supply demand fundamentals… You can’t tell me for a second that when silver was trading at $50 in April of 2011 that the demand for silver was greater than it is today. Actually, silver demand at current levels at $16-$17 is greater today than it was when silver was at $50.

So, if the price was impacted by supply/demand fundamentals silver would be trading at much, much higher prices than it is today.

And fundamentally, Neumeyer doesn’t even consider silver a precious metal, but rather, a strategic metal that is absolutely necessary for the modern age and one that is a lot more rare than most people understand.

This is what I don’t really get and this goes to the pure rarity of the metal… I look at silver as a strategic metal not a precious metal because it is so required for the human race for everything we do on a daily basis… and people don’t really understand that… nothing of yours would work… your computer… your cell phone… everything requires silver.

Right now, for every ounce of gold we’re mining only nine ounces of silver. So that would suggest we should be trading at 9-to-1… So at $1200 gold that would be $140 silver or so… If you just look at what we’re mining today that’s where silver should be trading… and we’re trading at 75-to-1.

I just don’t think that ratio can last.

Fundamentals aside, looking strictly at gold’s monetary position in the world as the only physical currency available to central banks, Neumeyer explains that while average investor sentiment remains muted, the big players, including financial institutions and some of the world’s most well known investors, are already anticipating the fall out:

I’m a big bull on gold [and silver]. I think that we’re going to see a major reset in the world… It’s coming, maybe not to mainstream thinking, but definitely in some of the upper circles… it’s pretty well understood that the debt in the world is never going to be paid off.

We have to have some kind of major reset that is likely going to include gold… The Americans have the largest hoard of gold and to pay off their debts they’re going to need probably north of $10,000 gold, which I think will happen.

I’ve been quoted many times saying I expect to see triple digit silver… that’s assuming gold doesn’t move. If gold goes to $10,000… silver will be some ridiculous number… it could even be $1000 silver.

And like China, Russia and investment fund managers positioning themselves for when this reset does come to pass, Neumeyer’s First Mining Finance has been rapidly acquiring gold and silver mining assets around the world, to the tune of some 15,000,000 ounces.

As crisis accelerates and physical demand becomes so overwhelming that paper markets can no longer contain it, the broader sentiment of market participants will drive the next bull market, a trend that according to Neumeyer has already started:

It was almost like it was this last capitulation of selling that took place at the beginning of the year.

Then all of a sudden there were no sellers left. Gold started to get a bit of a bid… then due to all the talk about negative interest rates… and some very influential and large well known players started to come into the sector and the press started covering some of these investors who were coming into gold…

There were a lot of things that suggested the sector had bottomed… all of a sudden there was this huge rush of money… it was like there was all this money sitting on the sidelines waiting for a reason to buy gold and silver mining stocks… and it just all happened…

I’ve never seen such a broad-based move in such a short period of time… It was pretty dramatic.

I’m hearing from a lot of big institutions that they completely missed this move… this correction is well welcomed by many of these big investors because this is their opportunity to start coming into this market in advance of the next big move.

While we may not be able to time markets, we can certainly identify trends.

If you’ve been paying attention then you have no doubt noticed that investors big and small are realizing that when the economic, monetary and financial systems detonate on a global scale there will be only one safe haven asset class left to preserve and grow wealth.

You can learn more about Keith Neumeyer’s First Mining Finance mineral bank and the various mining projects they are involved in by clicking here.

For more interview likes this one visit Future Money Trends.

www.SHTFplan.com.

SHTFplan and Mac Slavo www.shtfplan.com

Global Strategist Warns: “There Is Insane #Speculation… Investors Are Fleeing To Safety… A Lot Of Unknowns”

May 17, 2016 by mac slavo

Over the course of the last six weeks major companies around the world have reported significant drops in sales and consumer sentiment. By all accounts, the global economy is coming to a standstill. But somehow financial markets continue to hover near all-time highs. That a day of reckoning is coming is a foregone conclusion. Something is wrong and highly renowned global strategist Marin Katusa explains that the insanity is just beginning:

People have to understand how fast and vicious the money is flowing around. It’s not just the Fed in the U.S., or big hedge funds coming in and out… you have to also consider what I call Dragon Economics… The Chinese effect… Not only does China have a lot of money, but their people have a lot of money and they’re looking to get it out of China.

In one day in April more cotton was traded on the Shanhai markets then the whole year previously… it would be enough to put a pair of pants on every person on the planet… in one day.. there’s not even enough cotton for that… In one day enough soy bean traded for 52 billion servings of soy…

We’re talking about insane speculation that the Chinese money is fueling… In Vancouver crack houses are selling for $2 – $3 million… The Chinese money is desperately fleeing… it moves very quickly…

There are a lot of unknowns here.

In the following interview with Future Money Trends Marin Katusa, who happens to be one of the most successful investors in the world, explains the various dynamics of the global marketplace and how the average investor must position their assets now to avoid the destructive fall out to come – and it will come, because as Marin explains it, some 90% of companies out there are valued much higher than they should be:

(Watch at Youtube)

Katusa notes that while he continues to acquire assets in the resource space, his funds have now unloaded most of their holdings. Explaining the that anyone with a dart board could have doubled their money in the last six months, it’s time to re-balance your personal portfolios and go with companies that have real value, solid management teams and whose business is focused on sectors with the potential to be explosive in the near to mid-term:

You want to stick with the best in the business. Make sure you take your profits on what you would call your slippery speculations or things that have worked out… If a President is not owning a bunch of stock, you might want to get out of that stock.

I have reduced my fund to five core positions… I am going long and strong on positions that I believe will go up four, five, or ten times from here because the variables that make a good company are in place.

And some of those variables include government and central bank intrusion in the financial marketplace, namely negative interest rates, which Katusa explains will have a deflationary impact on most sectors, but could cause massive upswings in other areas as investors shift capital from risky asset classes to safe havens:

Negative interest rates are going to dry up capital… hence, by definition, will be deflationary in most markets… But within that general macro call you will have pockets of insane inflation… or bubbles.

…For example, where I see gold going… gold is a money and preservation hedge… there’s a lot of money on the sidelines scratching their heads trying to figure out what to do… the Baby Boomers, for example, have lots of money… so what are they going to do? They’re going to want to put their money where it will be safe…

Right now gold takes such a small, small piece of that money looking for safety.. if that percentage of global allocation which is 0.15%… if it just went to 0.3% of that Baby Boomers’ money, the price of gold doesn’t double.

It’s exponential. You’re going to see $4000 – $5000 gold… and we’re talking about just 0.3%.

So I think it’s going to be very deflationary but there will be surges in sectors that will be massive bubbles.

And while usually restricted to his premium subscribers, in the above interview Katusa shares two of his fund’s core positions with listeners. As you may have guessed, the first is a gold sector mining company:

I wrote another seven digit check for Brazil Resources just a few months ago… It’s one of the top performing stocks in the resource sector. Why?

Because it’s the real deal… and when you compare it to any one of the other gold companies it’s not only the most undervalued, but it has the most up-side. There’s a reason why [CEO] Amir Adnani and his management team are buying hand over fist at every financing.

But it won’t just be precious metals that benefit from massive capital flows. The energy sector could see large spikes as well, and not just in oil:

Uranium is a victim of the emerging markets and foreign currency… The Fukushima reactors are coming on slower than people expected… then you have the Chinese that are looking and buying now directly from the mines in Africa… The Russians are doing strategic investments.

Then, what are the Americans doing? Rather than positioning themselves for the future, Obama’s strategy was to sell double the amount of uranium of the Department of Energy’s stockpiles into the markets to fund historic clean ups that have nothing to do with the current producers.

You’ve had all of the stars line up for what will make a bull market.

So, what have I done? I have bought another million shares of Uranium Energy Corp. alongside Morgan Stanley and Rick Rule…

The markets will remain tricky going forward, even for mainstream investment houses and hedge funds. But the fact is, that even during times of crisis there are companies and investments that will not only survive, but thrive.

Hard assets like food and precious metals that you can hold in your hand will certainly be well worth owning as volatility across the globe sends everything into a tailspin.

But for those with investment assets like IRA’s, 401(k)’s, and money market funds, there will be opportunity for significant growth even during economic and financial upheaval.

To learn more about why Marin Katusa is investing in Brazil Resources click here.

For more market commentary and interviews with leading financial experts like the one you just watched visit Future Money Trends.

Disclosure: This author currently holds no positions in the companies mentioned but may acquire holdings in the future.

SHTFplan and Mac Slavo www.shtfplan.com

Showdown: A Bull And A #Bear Duke It Out: Will #Silver And #Gold Skyrocket… Or Collapse?

May 8, 2016 by mac slavo

The world is in crisis. That’s something most analysts, investors and average Americans can agree on. How markets will behave, what the dollar will do and where capital will flow as investors panic, however, is another matter altogether. Throughout history silver and gold have been used as the wealth preservation assets of last resort and that’s why, according to precious metals bull Gary Christenson of Deviant Investor, we should expect precious metals to rise to new highs in coming years. But bear David Trungale of Trader Tours disagrees, noting that while monetary printing may be excessive, there has been no significant increase in inflation, which points to continued deflationary pressure on silver and gold.

Trungale: I’m not denying that inflation has not existed… It has… I’m talking about an annual basis relative to 2011, inflation has been falling… I don’t care if you use the government CPI or John Williams’ Shadowstats numbers… the fact remains the inflation rate has been coming down. So I consider this, still, a rally [in silver] in a long-term bear market… Money printing does not create inflation within itself.. It’s those dollars actually going into the economy and being spent on consumer goods and services… that’s inflation… The fact remains, I think the longer-term threat is deflation, not hyperinflation.

Christenson: The inflation is only one factor to consider… But just because we have deflation in some areas doesn’t mean we have deflation in all areas… I go back to look at history and I try to see history and human nature and politics of central banking and the conclusion I come to is debt is going to increase… We’re having an exponential increase in prices, we’re having an exponential increase in debt and an exponential increase in silver and right now silver is low compared to all those exponential trends… and that’s why I think it’s likely to pop quite a bit higher… I’m not saying next week or next month, but in the next two years.. Confidence in the currency is critical.

Precious metals and broader market investors looking for insights into how silver and gold are behaving technically, fundamentally and what to expect in coming years should watch the full interview from Future Money Trends:

(Watch at Youtube)

Of note is that David Trungale is a day-to-day trader and technical analyst, so his perspectives are often short-term and based on technical trading data. Gary Christenson, however, is a long-term trend analyst who, while being a technician himself, prefers to look at historical movements, the reasons behind them and how this knowledge can be applied to future market reactions.

Thus, while both may be looking at very similar data and agree on many points – namely that debt is rising precipitously – their unique analysis and assessment yields markedly different outcomes.

Trungale: If you look at silver after the 1980 collapse it consolidated at the single digit price range at about $4 or $5 an ounce and it sat there for 25 years… I’m not saying the exact same thing is going to happen… I’m just looking at things from a technical level… and after things fall from the high point [2011] it’s always going to be difficult to recover… that doesn’t mean there aren’t short-term opportunities… there obviously was in the GDX and various miners, as well as gold and silver. But again, I don’t consider this a screaming buy… and I don’t think that the mining sector or commodity markets are going to skyrocket back to the 2011 levels.

…

Christenson: I respect David and what I consider his intelligent analysis, but I disagree with it substantially. I think the mining shares are going to go much higher and I think they are going to do crazy things that people don’t believe in terms of going up… Yes, 2011 was a huge up move in the price of silver… But if you go back and look at it historically in terms of standard deviations off the trend, ratios to national debt and other kinds of things, it was just a little blip. The 1980 blip on silver was a huge, major, catastrophic generational move and that’s why things took 25 years to recupe. I see silver from 1980 to 2001… to consolidate and start to build a new base… I think 2011 wasn’t nearly the price spike 1980 was… I think we should have, five years from now, silver going up… and gold and silver mining shares will be the same thing but multiples higher.

But to get specific, here’s where the Bull and the Bear think silver will be by the end of 2016:

Trungale: Silver and gold will probably be at the same level they are now. Silver at maybe $17, maybe $15… it will probably consolidate.

Gold, I would say maybe around $1200 or $1300.

…

Christenson: My pick for gold will be $1500 to $1600, possibly a little higher.

Silver at $25 to $40.

And there you have it – two completely different perspectives based on very similar technical analysis and market conditions.

While David Trungale notes that his analysis is short-term and subject to change as events play out, it is quite possible that silver and gold either hold at current levels or potentially go a bit lower.

Yet, the long-term global forecast suggests major crises loom in financial markets, economic growth and the monetary system as a whole. If Gary Christenson is right, that could lead to investor panic, a potential loss in the dollar’s reserve currency status, and exponential price increases, especially in the precious metal space if and when people lose confidence.

Was the 2011 silver high of nearly $50 the top? Or will we see another “huge, major, catastrophic generational move” to highs that most people don’t believe are even possible?

This interview has been contributed by Daniel Ameduri. Visit FutureMoneyTrends.com for more insightful videos, market commentary, news and alternative investment strategies.

SHTFplan and Mac Slavo www.shtfplan.com

This Precious Metals Ratio Signals A Big Move Ahead: “We Will Ultimately See Triple Digit #Silver Prices” #gold

April 26, 2016 by mac slavo

Earlier this year, as investors around the world panicked and stock markets crashed across the board, one asset class held strong and actually gained. It was, by all accounts, a capital flow panic out of broader stocks and into precious metals. As a safe haven, precious metals like gold and silver have long been sought by a panicked populace during times of crisis and given the current economic and monetary debacle created by central banks, we can safely forecast a continued rise over coming years for this reason alone.

But according to Keith Neumeyer, there is another key reason for why we could see explosive prices, specifically in silver, because major shortages loom and current valuations for the precious metal are nowhere near where they should be. Given his experience and current position as the CEO of billion-dollar mining company First Majestic Silver and Chairman of mineral bank First Mining Finance, there is no better source for understanding what’s happening in silver markets today and where we can expect them to go in the mid to long-term.

As Neumeyer notes in his latest interview with The Daily Coin, gold is currently selling for about 75 times the price of an ounce of silver, but from a mining and production standpoint, the physical ratio is about 10-to-1. Coupled with growing global supply shortages for this essential metal, that means prices for silver should be trading significantly higher than they are today:

We are currently trading about 75-to-1 thereabouts and the mining ratio is about 10-to-1… so for every ounce of gold we’re mining 10 ounces of silver… so that tells you it’s way rarer than the market understands… I think that as gold goes higher over the next couple years, the ratio is going to collapse on a percentage basis… and that’s why I think we will ultimately see triple-digit silver.

Watch the Full Interview via The Daily Coin:

(Watch At Youtube)

Neumeyer goes on to note that the silver shortage is already becoming apparent in electronics markets, citing a recent discussion with a large electronics company that was having problems acquiring the precious metal for components in their products:

Markets go through periods of time where they’re imperfect, but they do perfect themselves over time. What I mean by that is eventually supply and demand will take over, particularly in the silver space where it’s such a tight market… We have seen in 2015, lower production across the board… and silver is a lot more rare than most people actually think it is…

We were contacted by a a big electronics manufacturing company… a manufacturer of televisions and cell phones looking for silver supply… In the thirteen year history of First Majestic I have never been contacted directly by an electronics manufacturer for supply of silver… so that’s telling me there is something different going on in the market place…

What’s happening is that mine production slow-downs and global shortages are finally catching up with the market and electronics companies are having difficulty sourcing silver. This has been seen in other sectors as well, including the U.S. Mint and Canadian Royal Mint, both of which were forced to suspend sales of silver coins and bars respectively in 2015 as a result of high demand and lack of supply.

These are key indicators that industries dependent on silver are already running into problems acquiring the supplies needed to continue operations.

And while prices have yet to catch up, the trend is clear, especially considering the recent admission by Deutsche Bank that it has been complicit in the suppression of precious metals prices and that other large financial institutions are in on the scheme.

Given the dire state of the global economy, failing monetary policies from central banks around the world, supply-demand fundamentals, and the fact that price suppression schemes have now been exposed, one can’t help but consider that the current gold-to-silver ratio will, as Neumeyer suggests, collapse to its natural state in the near future.

That can only mean one thing: higher silver prices, and perhaps as the Chairman of First Mining Finance notes, triple digit prices that will see massive capital flows into silver related assets.

To learn more about Keith Neumeyer and what his company First Mining Finance is doing to take advantage of the coming boom in silver click here.

For more informative financial interviews like the one you just watched visit The Daily Coin.

SHTFplan and Mac Slavo www.shtfplan.com

Is #Silver Really “Poised to Catch Up To #Gold” As Economic #Crisis Looms?

April 21, 2016 by contributing author

This article was written by Joshua Krause and originally published at The Daily Sheeple.

Editor’s Comment: As the economy tilts towards outright instability, silver and gold (among other precious metals) are worthwhile items to have. So it is no wonder that the price of silver is at a highpoint right now.

Anyone paying attention has to be wondering how much long the paper dollars in hand – or worse, inside a bank and beyond the reach of the ATM – will be worth much of anything at all. Is a tipping point coming?

Silver Explodes: Precious Metal Price Reaches 11 Month High

by Joshua Krause

In recent months a lot of attention has been given to gold. After a decade long rally that saw its price rise above $1,800 per ounce, gold has disappointing investors after floundering for the past 3 years. But now the precious metal is rallying again. The price of gold has increased by 17% this year, making the 1st quarter of 2016 the most impressive in 30 years.

Silver however has been lagging behind. Despite normally keeping pace with gold, silver has only increased 8% this year, but that may be about to change. Silver was up by more than 4% on Tuesday and briefly reached over $17 an ounce; the highest it’s been in 11 months. It’s believed that the gold-silver ratio is what’s driving the price. The two metals typically rise and fall together, and investors believe that silver is poised to catch up to gold.

But more than that, the price of both metals has grown in light of a weakening dollar, volatile markets, and concerns that a major recession is on its way. Most hedge funds are currently betting that the gold rally isn’t over yet, and the number of contracts on gold futures hasn’t been this high since 2012.

What do you think? Is gold and silver finally ready to break out and recover from the losses of the past few years?

—

This article was written by Joshua Krause and originally published at The Daily Sheeple.

Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger .

SHTFplan and Mac Slavo www.shtfplan.com

Is This The End Of The U.S #Dollar? Geopolitical Moves “Obliterate U.S Petrodollar Hegemony “

April 21, 2016 by mac slavo

It seems the end really is nigh for the U.S. dollar.

And the mudfight for global dominance and currency war couldn’t be more ugly or dramatic.

The Saudis are now openly threatening to take down the U.S. economy in the ongoing fallout over collapsing oil prices and tense geopolitical events involving the 9/11 cover-up. The New York Times reports:

Saudi Arabia has told the Obama administration and members of Congress that it will sell off hundreds of billions of dollars’ worth of American assets held by the kingdom if Congress passes a bill that would allow the Saudi government to be held responsible in American courts for any role in the Sept. 11, 2001, attacks.

China has been working for years to establish global currency status, and will strengthen the yuan by backing it with gold in moves clearly designed to cripple the role of the dollar. Zero Hedge reports:

China’s shift to an official local-currency-based gold fixing is “the culmination of a two-year plan to move away from a US-centric monetary system,” according to Bocom strategist Hao Hong. In an insightfully honest Bloomberg TV interview, Hong admits that “by trading physical gold in renminbi, China is slowly chipping away at the dominance of US dollars.”

Putin also waits in the shadows, making similar moves and creating alliances to out-balance the United States with a growing Asian economy on the global stage.

Luke Rudkowski of WeAreChange asks “Is This The End of the U.S. Dollar?” in the video below.

He writes:

In this video Luke Rudkowski reports on the breaking news of both China and Saudi Arabia making geopolitical moves that could cause a U.S economic collapse and obliteration of the U.S hegemony petrodollar. We go over China’s new gold backed yuan that cannot be traded in U.S dollars and rising tension with Saudi Arabia threatening economic blackmail if their role in 911 is exposed.

Visit WeAreChange.org where this video report was first published.

The Federal Reserve, Henry Kissinger, the Rockefellers and their allies created the petrodollar and insisted upon the world using the U.S. dollar to buy oil, placing debt in American currency and entire countries under the yoke of the West.

But that paradigm has been crumbling as world order shifts away from U.S. hegemony.

It is a matter of when – not if – these events will change the U.S. financial landscape forever.

As SHTF has warned, major events are taking place, and no one can say if stability will be here tomorrow.

Stay vigilant, and prepare yourself and your family as best as you can.

Here’s How We Got Here: A Short Primer On The History Of The Petrodollar

Shock Report: China Dumps Half a Trillion Dollars: “Something Is Very, Very Wrong”

Dollar Moves Shake the World: “Federal Reserve Could Start a Currency War”

SHTFplan and Mac Slavo www.shtfplan.com