This week we are gong to cover a few different areas.
Our April Morgan Report will be out soon. We always post by the first Monday of every month. If all goes well we will post earlier.
Secondly, people have asked us if the Volker Rule will impact the precious metals. Our stance is conservative --which is we will wait and see. However
Bix Weir has a different idea here is what Bix has to say...
Many people have asked me if the approaching April 1st implementation of the Volker Rule will end the manipulation of Silver Rigging by the major banks. My answer is a resounding YES!
Um...
But that does not mean the Bad Guys are without other means of controlling the market. As a matter of fact, they will likely be MORE powerful (yet more vulnerable) using their NEW RIGGING SYSTEM that is controlled by HEDGE FUNDS that don't have to comply with the Volker Rule!
It is no coincidence that Timothy Geithner stepped down and went to Warburg Pincus and JP Morgan's #2 man Mike Cavanagh went to the Carlyle Group . Let's not forget the Silver Rigging Ring Leader BlackRock... the Sponsor or the iShares Silver ETF, as coordinated through the NY Fed's alumni (and recently retired) Peter Fisher (now a board member of AIG handing out huge bonuses other cabal members.)
So where does that leave us?
If the Good Guys are as powerful as I believe them to be (they showed it by crashing the system in 2008) then these hedge funds that are plotting their continued control behind the scenes will be DESTROYED in short order. When the time is right...and it is becoming more and more right by the day!
I have posted the latest Friday Road Trip here for Private Road Members.
Bix Weir
You can sign up for Bix's newsletter here... http://www.roadtoroota.com/members/login.cfm?hpage=1349.cfm
Topics include:
- Roota's Speaks & The Return to Constitutional Money Begins!
- Whispers of Bank Runs
- IRS Ruling Prompts Bitcoin Billionaires...To Buy More BITCOIN!
- Mother Load of Secret Silver Facilities Breached
- Media Fraud FINALLY Being Exposed!
Lastly, there is the continuing debate if gold and silver have bottomed. We have our neck out, but Martin Armstrong and many of the "top" banks insist that new lows are approaching. David Bensimon also thinks the metals will put in their final bottom for this move within the next few months. Here are the details for his webinar.
SPECIAL EVENT: Live Webinar
SPEAKER: David Bensimon
TOPIC: SILVER -- Is the Bear Market Low Already in Place? What to Expect for the Next 4 Months.
DURATION: 1 hour -- including presentation and Q&A
DATE: Sunday, 30 March
TIME: 10:00 am Pacific
PRICE: USD $100
REGISTRATON: http://www.polarpacific.com/purchase/online/orders-presentations.html
BIO -- David Bensimon (Managing Director, Polar Pacific)
David Bensimon graduated in Canada with multiple national awards and top of his class specialising in finance at the University of British Columbia. He has since had 25 years of experience with interbank, exchange-floor, and proprietary trading and investing across commodity, equity, foreign exchange, and interest rate markets. His institutional career at top-tier investment banks in Europe (Citibank, CNCA, HSBC, Deutsche) included positions as chief dealer, head of trading, and chief of staff, and he also spent a year trading on the futures exchange in Singapore.
Mr. Bensimon founded the Australian consulting firm Polar Pacific in 1999 and has achieved a remarkable forecast record. He is known especially for the uncanny accuracy of his bold calls on commodities -- including correctly predicting in published reports, presentations, and interviews the exact price and time of all the major turns for Gold (double bottom in 1999/2001, corrective declines in 2006/2008, record top in 2011, and collapse in 2012-2013), as well as the enormous moves in both directions for Silver and Copper. He also called the exact top for Oil at 147 in 2008 on live television, and has received acclaim for having correctly forecast the exact price and time of the major turns for SPX, including the highs in 2000/2007 and the lows in 2002/2009.
Mr. Bensimon's discoveries and insights on market symmetry were published in 2006 in the beautifully-crafted book, Polar Perspectives, which has been honoured with two gold medals at international competitions. His forthcoming book, Polar Passages, focuses exclusively on Gold & Silver and is stunningly presented with the unique feature of an inlaid bar of 1 troy ounce of fine precious metal. Current in-depth analysis and explicit forecasts for precious metals and other markets are available in his PolarView quarterly series and PolarVision special reports.
A sought-after speaker at industry conferences and institutional roadshows, Mr. Bensimon is known for his compelling content and dynamic delivery. He also presents his proprietary concepts at educational seminars and forecast-oriented lectures for individual traders and investors. He is also frequently invited to share his views in the global financial media -- including television (Bloomberg, BNN, CNBC, Channel News Asia), radio (MoneyTalks, SmartStox), print (Asia Money, Business Times) and online (Interfax, Kitco).
Mr. Bensimon is currently visiting Canada for several months with his lovely wife Ying and newborn baby Bentley.
Further information including links to media clips and detailed performance review spanning 16 years is available at: www.polarpacific.com
TRACK RECORD -- Silver
From Weekly Report in NOV 2001 "Important downside objective at 4.00 ... Larger picture favours massive rally"
From Monthly Report in NOV 2005 "Powerful multi-year uptrend with first objective at 16 in 2007"
From Monthly Report in JUL 2007 "Short-term dip to 11.00"
From Live Presentation in NOV 2007 "Next resistance at 22.00"
From Monthly Report in MAR 2009 "Holding at 11.50 in APR would signal powerful rally to 55"
From Quarterly Report in OCT 2012 "40% collapse from 35 to 21"
From Quarterly Report in OCT 2013 "Small pop to 22.80 ... then large decline over next 2 months"
SILVER's dramatic movements over the past decade have adhered very well to Mr. Bensimon's specific published projections in both directions.
He called the bull market right from the very start, with his then-weekly report correctly identifying in advance the major low of 4.00 in NOV 2001. The secular climb over the ensuing decade ultimately delivered a gain of +1150% to the high at 50 in APR 2011.
Along the way, he also correctly forecast intermediate runs such as the call in his NOV 2005 monthly report for Silver to more than double to 16 in 2007, with this target achieved on schedule in NOV 2007. The call in his JUL 2007 monthly report also caught the exact low at 11 for another doubling in value. The NOV 2007 live presentation in London with David Morgan accurately forecast the pre-crisis peak with resistance cited at 22 almost four months in advance of that notable high.
Following the global collapse in asset prices, Mr. Bensimon re-instated his bullish outlook with a remarkable forecast in MAR 2009 for Silver to increase five-fold from 11 to 55 -- and the market delivered almost all of it in just two years with the actual high at 50 in APR 2011.
A year later, in the assessment for Silver in his new quarterly series, Mr. Bensimon again made a bold call amidst bullish market sentiment for a 40% drop -- from 35 to 21 over an anticipated 4-5 month period. The market achieved this full price movement, although it took slightly longer until APR.
Following a further stretch to nearly 18 last JUN, the market recovered to 25 in AUG, fell back to 21 in SEP and then bounced to 23 in late OCT -- halting right at the resistance cited in his OCT 2013 report. This was followed by the projected 2-month decline, with an 18% slide to a low at 19 on 03DEC. An oscillation over the next 2 months saw a pair of highs at 20.50 and lows again at 19 on 31DEC/30JAN, followed by a surge to 22 on 24FEB before falling back to 20.50 again on 20MAR.
Perma Bulls are confident that the bear market already finished with the low at 18 in JUN and retest at 19 in DEC/JAN, while Perma Bears expect further weakness to lower lows lasting for years. David Bensimon is a professional market analyst and institutional trader with extraordinary track record who was right about Silver on the way up from 2001 to 2011 AND was right about Silver on the way down from 2011 to 2013. Hear what he predicts for the next 4 months, including explicit price and time targets --
Register now for his Live Webinar on 30MAR.
David Bensimon
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Buying Metals and Miners: When it's too clear, it's too late!
by David Smith
http://youtu.be/3uBpw1ZOrGQ
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David Morgan -- Palladium Is Leading The Precious Metals
http://youtu.be/VS9O5TzwnfY
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The Golden Cross: How to Understand and Profit from it.
http://youtu.be/dQWhitP9Xts
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Are You Buying From Silver Users?
by Charles Savoie:
Ted Butler's latest suggestion about Suing JP Morgan and the COMEX has prompted these thoughts. My response at Gold Silver Worlds http://goldsilverworlds.com physical was this--
"Ted is the best of the best explaining these nuts and bolts. But where is his grasp of monetary matters? I see it not! The CME only cares about generating more fee income? No, it's also an instrument of monetary suppression. Consumers have no input into pricing? No--the Silver Users Association has input into pricing. In the 1980 silver crash, a COMEX board member, Andrew Brimmer, was on the Federal Reserve Board several years earlier and was a Du Pont director at the time they slit silver's throat.
Read rest of article here...
http://www.silver-investor.com/blog/?p=2353
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My Two Bits about Bitcoin
by David Morgan
Some have asked our view on Bitcoin, and my response is simply--I view these things from a Free Market perspective. I have often stated that "The Market knows more than any of us". I would not want to be labeled a hypocrite by stating my conviction that the "real" free market is capable of making decisions that are in the best interest of masses, and then proceed to disparage Bitcoin through a personal bias.
However, I do have a personal bias as to the basic construct of money, or what I would prefer to think of as "real" money. Here the span of history has given us a very clear message that a fair exchange of value for value is the only ethical way for people to conduct a transaction that is mutually beneficial for both parties.
Read rest of article here...
silver-investor.com/blog/silver-market-update/my-two-bits-about-bitcoin/
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