What's going on here???

by Jonas Parker
(Deep East Texas)

This morning, the talking heads on Fox Business Channel commented briefly on a story that is also at the top of Matt Drudge's Report this morning - gold hit a new high of $1271.10/ozt on the COMEX Exchange. Silver, as I type this, is $20.42/ozt.


Three things puzzle me here. One curious aspect of this story, as "non-reported" on Fox Business this morning was the "ho-hum" manner which the news of the rise in gold prices was greeted and the 15 seconds of lackadaisical comments that ensued. The Drudge Report, quoting "The Street" attributes the rise in prices to "inflation fears in Europe", not exactly "in-depth reporting".

Slightly more puzzling is the total silence on the rise of silver prices, and the huge difference between the historic gold/silver price ratio of approximately 7/1 and the current price ratio of 62/1.

The most puzzling question of all still remains, however, and no one in the mainstream media seems to want to address it, or even to touch it with a ten-foot pole. Why are the prices in precious metals, after holding so steady for so long, now beginning to move with a vengeance? Has the much rumored price manipulation of gold and silver, as GATA has alleged for years, finally ceased? Have the financial movers and shakers over at Goldman Sachs and J.P. Morgan-Chase finally lost their iron-fisted control of the markets that they have been so long-rumored to exercise? Are the alleged financially-omnipotent powers of "Turbo-Tax" Tim Geithner at the Department of the Treasury and "Helicopter" Ben Bernanke at the Federal Reserve Bank finally been shown to be financially-impotent instead?

Maybe the two most probable explanations are also the simplest ones:
1. The dollar is being inflated (or hyper-inflated), and the first and most obvious place that this shows is in gold and silver prices.
2. The American people are finally waking up to the financial shenanigans with the U.S. dollar that have been going on for so long and are now diligently moving their accumulated savings to safety!

The first explanation would be reasonable. The second would be both reasonable and greatly encouraging.

Comments for What's going on here???

Average Rating starstarstarstarstar

Click here to add your own comments

Aug 28, 2015
Rating
starstarstarstarstar
going NEW
by: Andrew Schlogel

If you were a mere worker in any firm business accounting for yourself wouldn't be such a giant sophisticated method. However, if you own a business or a firm, keeping an expert Tax Accountants Leeds from London or somewhere else goes to be helpful to you. This can be as a result of with most of records & monetary information to be analyzed and logged in, there square measure scopes for errors if associate amateur is allotted that task!

Aug 19, 2015
Rating
starstarstarstarstar
Help NEW
by: Anonymous

Grateful for sharing this post. Serving you the best buy research paper is our one amongst the most targets. Calling get prepared is essential for landing exceptional position after the fulfillment of course.

Mar 23, 2015
Rating
starstarstarstarstar
Read our comments NEW
by: zonia

I usually like to search online where i can find some cheap providing companies. If you are working online then you must also read http://www.smartcustomwriting.org/ which is also free to those who wish to learn modern writing techniques. If there is a hope then we provide you a platform.

Sep 24, 2010
Rating
starstarstarstarstar
Great Article
by: John K

That was a really great article!

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to How Many Understand Silver Demand?.

The #1 Reason to Own Silver Now?

Feedback from readers...
"Silver Coin Investor is cutting edge and has it all...the value I receive from your website and The Lewis and Mariani Silver Letters is far, far greater than the small subscription cost. I am finding that I don't need any other source for silver research and knowledge. Thanks Jeff. I mean that.
Vic (UK)
"I find any information I can learn about investing in silver interesting. Your website and e course have taught me a few things I didn’t know. You’ve provided some good reading and links about something I love as a hobby and my and my family’s future. Thank you"
Dennis - Mount Sterling, Kentucky
"I've been reading on silver on many sites, I find your information more practical and straightforward and full of content, thanks".
Xavier - Barcelona, ESP
"Your website and E-Course helped provide a different take on the metals".
Paul - Beckley, West Virginia
"I appreciate the educational aspects of your website/e-course. Your course has helped to reinforce my decision to purchase more silver".
Spencer R. - Loomis, California
"I appreciate your sharing your vast knowledge with those of us who are learning about the potential for silver investing".
Thomas - Peoria, Arizona
"I have a very busy schedule and your course updates keep me focused on the "silver strategy"
Bob M. - Kitchener, Ontario
"I've read your articles on Market Oracle and I appreciate the clarity in your writings. You confirm what I believe, that silver has a huge upside and if patient will pay off".
Ken - Littleton, Colorado
"Well it helps confirm my conviction that silver is far better metal to invest in than gold or any of the other metals because of its monetary, medical, and industrial uses. So it really has a realistic unrecognized potential that I feel the gold bugs overlook. I read and research a lot of different sources and you help me stay balanced in my approach. Thanks for the course and keep up the good work!"
Bill - Columbus, Ohio
"This course and website is slowly restoring my confidence as an investor in silver. At one point I was ready to unload it all at rock-bottom prices. Since I've read the letter I've held on.
Kim - Saint Thomas, Ontario
Thanks for making it all free and very simple.
Jim - Kingsland, Georgia
"The E-Course is very upbeat and has helped me to feel more confident about the future of Silver!" -
John J. - Harrisville, New Hampshire