How to corner the gold (or silver) market

[deftoneart01]

Do you worry about extreme taxation or fees placed on successful metal holders (or capital gains in general) becoming a reality?

[dojufitz]

99.9% of the worlds population do not own pms.

A tiny fraction of 99.9% have a wedding ring....some have jewelry.

Basically NO ONE owns Gold and Silver as an investment.

Its lucky some of us do.

[silverfuturist]

@dojufitz Good point, very few people own PMs as an investment. I know a lot of people who still hold silver coins from the 60s and before, or have some real silverware, but they have not been buyers of bullion on even PM related paper assets.

[ehswan]

Last night I watched a man testifying that paper silver was leveraged 100+ to 1. Another man that I watched said that the Asians smell blood and are watching closely. I think that there is a russeling of the leaves around the pm price suppression community.

[sstoy10]

★~★~★~★~★

[felixdov]

*They* do not like the Goldbugs because basically to believe in the PM's is to pretty well disbelieve in the rest of the markets, and that is their game field.

I do not understand the new YT comment layout... is is a beta or is it just rubbish?

Thanks sf...

[ytgv3fc7]

@felixdov a little of each, I imagine

[ilovesdgc]

That's true, if we were in a bubble, everyone would know everything about the metals and instantly identify their exact value. We have seen this isn't yet the case with the general public.

[MrPolarbearish]

Awesome video. @samuraicommando&silverfuturis­t. the purchasing power of gold will never fall it will only rise as we humans get more and more efficient producing goods/services. in 1971 180 ounces of gold would give you one 1972 Cadillac Eldorado. Today 180 ounces will give you TWO 2009 XLR-V Cadillacs. Gold does NOT rise in price, its the purcasing power of the dollar falling. Use the silverfuturist tip of saving 10% of your income, and when you have enough buy gold/silver

[drutter]

Thanks for the vid. I gave it five stars...... I mean..... like.

[1mealperday]

I think HP is not ALLOWING comments. From someone who tried to post .

[rollinglibs101]

Good video..Keep up the good energy

[solojam]

thanks, great points!

[SamuraiCommando]

I don't like gold because it is already so expensive for the common man. While in order to become a currency it has to be fairly liquid not interms of spendability but in price point or value point. If gold goes to 3k an ounce who is really going to buy it. Yes the wealthy will. But what good is wealth if it is not valued by the working class. If only 3 men in a room

[SamuraiCommando]

@SamuraiCommando contd.. of 20 have all the gold. And the other 17 have chickens why would they trade for gold? The 17 will exchange chickens and the 3 will starve. You wont know the value of gold until you know how many chickens its worth to the working man.Silver is the safer bet IMO. Love your videos by the way.

[silverfuturist]

@SamuraiCommando thanks - as you probably know, gold has always been the money of kings and the rich, silver the money of the common man, gold's density of value makes it more suited towards large transactions.

[odin422]

@silverfuturist i always thought copper was the common mans metal.

[skybirdbird]

thank you....i appreciate the links....

[charlesfuchs]

Thanks Joe.... I believe there is only around %1-%3 of the population that know anything about Silver..... I know a lot of people and the only people I can talk about Silver is mostly to you and divinchi15..well a few others too like guild40 and drutter...... ridiculous huh LOL

[silverfuturist]

@charlesfuchs exactly, 1-3% who "know" about silver. I was trying to get my friend to understand the market, and his response was something like "it is a metal, what is there to understand?"

[charlesfuchs]

I get the same thing... frustrating... I had to hit up people on youtube to find like minded people :-)

[Darkcloudent]

@silverfuturist - I believe its more like .001% from my perspective. I met 1 person who investing in metals. This person taught me how to invest. Sadly I lost contact with this friend. Its funny I said the exact same thing to my friend when he told me "Hey you should invest in metals" my naivety was seen with my response. When gold was$523/oz I should have loaded the boat. Slowly I woke up & see the world now in all its ugliness. We have our knowledge & shiny metals to brighten things up lol

[ytgv3fc7]

@Darkcloudent sucks, eh? I've wanted to load up on gold since it was $400/oz. I knew then, I could feel it, didn't have the math or the timeline to back it up like we have now. Oh well. That was a long time ago and when money came easier, so did vices, so that's what kept me out then. You live, you learn, but not out for the count.

[davincij15]

Just for fun I sent him his emails and a link to King world news and told him the only 2 bit clown is HIM.

[davincij15]

I said to Mish

"You need to present your evidence and provide hard facts without name calling and assumption that believers in apposing views lack any intelligence."

Mish said

"I have had it with 2-bit clowns who cannot think, sending me such crap and expecting me to answer it.

Moreover I was polite enough to reply with my position the second time.

Now you have launched into an even more ridiculous tirade proving it is you not me who does not have an open mind.

Please stop being a dick.

Mish"

[davincij15]

@davincij15

I still have all the emails if I where to publish them he would be considered a monster by most people.

He was not very nice when I asked him about the silver manipulation.

[Lexi8888]

As a lot of us do, I read Mish along with many other websites. I don't agree with Mish & Denninger about PM's, however, they do give some good info. I for one would love to see or hear about your emails.

[davincij15]

@Lexi8888

All you will learn is how much of a jerk he is.

[ytgv3fc7]

@Lexi8888 one day I'll check out more of Mish. I wrote of Denninger as incompetent. Period.

[silverfuturist]

@davincij15 Wow, I can't believe he would write that. I get his email newsletter, and he has good info, I don't know what goes on in the mind of Mish. I am surprised he just didn't block your email instead of calling your names if he didn't want your input.

[davincij15]

@silverfuturist

I thought about crushing him with his emails but it's not worth it.

[JOConnor100]

I believe that is what the Hunt brothers did with silver.

[davincij15]

I stopped reading anti gold blogs because they call gold buyers names and very derogatory. Mish is a big example I emailed him a few times and he is very rude calling me stupid and more only after simple asking his opinion.

This I can't stand if you have different opinion and you can't defend it without an ad hominem approach then you have no defence.

So could you do a video on some reason not to buy gold in our current economic environment?

[silverfuturist]

@davincij15 The anti-gold bugs seem so feverish about hating gold, it makes me think they have an emotional reason for hating it.

That is a good idea, I could make a video giving reasons not to buy gold in our environment... I think the real reasons are the ones not given but gold-haters.

[charlesfuchs]

I also stopped reading about that stuff years ago... I just keep buying silver every month and don't worry about people who dont even own one piece of silver... There probably jealous cause they missed out already and dont own anything.

[RUBuyingSilver]

Thank you for the great post. I actually missed this article, but I can't wait to read it.

[fal2grace]

thank you!

[polarbeach]

when my local paper says golden days are here in big bold letters on the front page I will know .

[wizardofounce]

Always informative as well as entertaining.

Thanks, Joe.

*****

[cankorgbr]

I can see why people in the investment community could think(wrongly IMO) that gold is in a bubble, because people around them are talking about it seriously now... but those of us in the normal world, who get blank stares and snide comments on the regular from people, know that we are a ways away from a bubble!! When my brother finally decides to buy gold, I'll let you guys know we are at the top!

[pentel1911]

I guess it would be tin-foil of me to point out that metal values will sky-rocket once the VAT tax is passed and they then pass a national ID which will carry a digitized currency. Maybe carl's sophisticated trading techniques will save him from that.

[silverfuturist]

@pentel1911 I am so tin-foil I sleep under a huge dome of it in my room!!! I am looking to turn some of my gold bullion into foil, so I can merge the two!

[SamuraiCommando]

@silverfuturist I didn't know you were an aluminum bug too.

[TruthCracker]

Thanks for bringing to peoples attention that the game is rigged.

[silverfuturist]

@TruthCracker You are welcome! I miss your video comments, it must take a lot of energy to do all those videos!

[matsutakneatche]

there is NO bubble on gold lol, far from it. I heard though, the next bubble in the works are box office futures.

[RenegadeTimes]

I can listen to all sides of every story. I will STILL invest and possess the metals.

Up or down I'll stay on the ride ~ ~ ~

[centervilletn]

because of electronic information and its speed gold and silver can go from bubble to bust in hours.

[libertymom100]

Thanks

[TheLiddlekiddle]

Remember the beanie baby crazy!? When people are paying money for gold like they were for beanie babies, that is when I will sell! :) They will be lining up for it, talking about it.. I still attend estate sales, and I am only one of a few who goes to see their gold and silver selection....

[ytgv3fc7]

@TheLiddlekiddle I'll certainly know the pattern and with my prediction model potentially the price ranges & timing. However, gold has another relation: with a deflation in price it may or may not provide (within a range) value in holding, not selling. The lower your buy-in price the better, of course. I guess the wisdom of the selling is the wisdom of knowing what the cash actually buys you then & there, in the year this currency collapse bubble bursts (which will reflect in the gold price)

[GuildF40]

I see no bubbles ;o)

[lilbitparanoid]

Silver is making some pretty good gains today. I wish the Commitment of Traders report was available in realtime. Short covering? Silver rush? It's getting interesting ;)

[silverfuturist]

@lilbitparanoid Yes, it is nice to see it recover... I just wish it was recovering without the dollar going down as well.

[bunkermunk]

In the world of finance there are real things : companies, commodities and properties for example. And then there is the paper which is sold into the market to represent things. This allows people to believe they own these things. What is now apparent is that with silver / gold there are far more paper claims in circulation than the underlying thing by 100 times! Because of the unsustainable nature of the manipulation the only way for it to continue is by issuing more paper else it is bust.

[buyred]

Not even close to a bubble yet. Percentage wise, almost no one holds physical. (Only the Very bright). When these ETF's are exposed, a bubble will form. If your already in , your all set. Just imagine what happens when the COMEX goes bust.

[MrEnglishful]

Very good to keep updated,

Why are the press not all over this story?

[silverfuturist]

@MrEnglishful The big players are not ready yet, the press will be quiet until they are ready.

[jhi1947]

Kewl video comrade.

[WttrW2012]

saw that today too...

silver would be a much smaller market ;-)

whats your dropping point on physical silver? 100$? 500$? 1000$ an ounce?

[silverfuturist]

@WttrW2012 My dropping point isn't going to be based upon valuation in dollars, but in other assets. I am still thinking about the details of that, would make a good video.