You can't Print Physical Metal

http://silvergoldsilver.blogspot.com

Word on the street is that the negative feedback loop is full gear. I cant understand why they just dont start covering their shorts and get this over with already, days like today are not helping them.

The big argument of the day was this was a liquidation events. For the rooks, this means that a hedge fund, got smoked in another asset class, had his margin call because of the loss, and now turned to the only other asset that is till positive and sells it, very very quickly.

Today's event, in my opinion may have been both. I am still waiting for the data, but it looks like in the COMEX their was an inordinate amount of SHORTING. Not SELLING of Long Positions. So for those of you in manipulation denial, you are WRONG.

Silver was already liquidated in May via 5 margin hikes. This was already done.

Now the argument is- was the GOLD trade liquidated? More likely than silver, 100%. This is where people are getting very very confused. Add the fact in that a rumored Margin Hike was in, and you have the Blythe Green light go to pound this thing down 27% in 2 days with relentless SHORT SELLING. NOT SELLING. Clearly a HUGE difference. FIND ME ANOTHER COMMODITY THAT LOST EVEN REMOTELY CLOSE TO 27% in 2 days.

There are no weak hands left in silver. No one has the necessity to sell it. Again, this already happened in May. The leaves were already shaken.

This brings me full circle to the negative feedback loop created by the same people who short it. The lower silver goes, the more PHYSICAL people are buying. Thus, get ready for more and more and more of this. Down to $25, up to $40, back down to $38, up to $50, back down to $42, up to $75, back down to $45. And each time its gets smoked by 25% in 2 days it will have these three things in common:

a. The majority of the selling happens at 3 am EST when the LBMA opens, which has ZERO liquidity.

b. This selling happens in a COMEX expiration week.

c. The Morgue owned CME hikes margins.

But what happens when on these so called shake outs, they are actually making it easier for China, India, Russia ETC and the rest of the world to buy the fucking dip (physical)?

Just got off the phone with my dealer today, and two others now. They had their busiest days in VOLUME and SALES ever recorded. Usually they say down days like this are dead since everyone is scared.

一個自助服務台售賣頸部落戶北京，中國黃金

 阿爺要藏金於民.......
 為何香港無呢的好野?

視頻:
http://newscontent.cctv.com/news.jsp?fileId=117759

中國首台自助黃金售賣機正式在北京王府井亮相，國內消費者本週日或就能體驗這種新奇的銷售模式。



據悉，自助黃金售賣機是北京農商行與工美金業（北京）商貿有限公司擬合作開展的一種自助消費支付業務。首台機器於昨日在北京王府井工美大廈正式投入使用，工作人員在現場進行了試售，並成功購得自助黃金售賣機“吐出”的第一根金條。
現場圖片顯示，這台差不多一名成人高度的機器，在外形上與一般自動商品售貨機並無太大區別，金黃色的外表顯得十分耀眼。在這台自助黃金售賣機的正面上方裝有一塊觸摸式產品展示屏，屏幕上顯示有不同產品描述和價格，價格根據實時黃金產品報價每10分鐘更新一次，消​​費者可以自助挑選自己想要的黃金產品。
自助黃金售賣機項目方表示，每台販賣機放置320塊、10款不同的24k金幣或金條產品，其中，最大購買金條規格為2.5公斤，大約價值人民幣100萬。據了解，這款自助售賣機可以識別100元、50元現金，但不設找零。此外，消費者可以刷卡購買。
據悉，整個黃金售賣系統與央行清算中心聯通，銀聯對其交易規模不設上限。而為防範風險，自助售賣機只在有人值守的場所，如黃金售賣商場、高級私人會所、北京農商行營業大廳布放。
不過，關於消費者最關心的“與傳統黃金購買渠道相比，有沒有價格優勢”的問題，由於尚未正式開售目前尚不得而知，項目方也未給出具體說明。

CME Group Raises Comex Gold Margins By 21.5%, Silver Margins By 15.6%

又係火上加油.............你好野 (Kitco News) - The CME Group is raising the margins needed to trade Comex gold and silver futures are being increased by 21.5% and 15.6%, respectively, and the change will take effect after the close of business on Monday, the exchange said late Friday in a press release. The exchange is also raising copper futures margins by 17.6%. The move by the CME Group to raise the margin needed – also known as performance bonds – to trade gold, silver and copper futures on the Comex division of the New York Mercantile Exchange comes as prices for the metals plunged during the past two days as part of a sell off in financial markets in general. The CME Group is the parent company for the Comex and Nymex. The CME Group raised margins in other markets on Thursday and on Friday it also announced higher margins for long-term U.S. Treasury bond futures. The changes are as follows: Comex 100 ounce gold futures and 100-oz gold trade at settlement Trader Type Current Initial Margin Current Maintenance New Initial New Maintenance Speculator $9,450 $7,000 $11,475 $8,500 Hedger/Member $7,000 $7,000   $8,500 $8,500   Comex MiNY Gold Futures Trader Type Current Initial Margin Current Maintenance New Initial New Maintenance Speculator $4,725 $3,500   $5,738   $4,250 Hedger/Member $3,500 $3,500 $4,250 $4,250 10 oz Troy Gold Futures Trader Type Current Initial Margin Current Maintenance New Initial New Maintenance Speculator $945 $700 $1,148   $850 Hedger/Member $700 $700 $850 $850 Comex 5000 silver futures and silver futures trade at settlement Trader Type Current Initial Margin Current Maintenance New Initial New Maintenance Speculator $21,600 $16,000 $24,975 $18,500 Hedger/Member $16,000 $16,000 $18,500 $18,500 Comex MiNY silver futures Trader Type Current Initial Margin Current Maintenance New Initial New Maintenance Speculator $10,800 $8,000 $12,488 $9,250 Hedger/Member $8,000 $8,000 $9,250 $9,250 E-Mini silver futures Trader Type Current Initial Margin Current Maintenance New Initial New Maintenance Speculator $4,230 $3,200 $4,995   $3,700   Hedger/Member $3,200 $3,200 $3,700   $3,700   Comex copper futures Trader Type Current Initial Margin Current Maintenance New Initial New Maintenance Speculator $5,738 $4,250 $6,750 $5,000 Hedger/Member $4,250 $4,250 $5,000 $5,000 E-Mini copper futures Trader Type Current Initial Margin Current Maintenance New Initial New Maintenance Speculator $2,869 $2,125 $3,375 $2,500 Hedger/Member $2,125 $2,125 $2,500 $2,500 By Debbie Carlson of Kitco News dcarlson@kitco.com <<Back to more Kitco exclusive news

Sprott Money Temporarily Runs Out of Physical Silver

白銀大減價..........多多貨都唔夠賣.........

交易商報告兩天內白銀現貨已被一搶而空，最大一單500萬美元！

http://kingworldnews.com/


With gold and silver prices plunging, King World News sources are reporting massive physical demand.  One example is Sprott Money, which completely ran out of physical silver.  Larisa Sprott, President of Sprott Money told KWN, “It’s been pretty wild, especially the last three or four days because of the price drop.  People are trading in their paper money for gold and silver, but we are seeing more purchases of silver net.  In fact the buying has been really skewed in favor of silver, there is tremendous demand.”


Larisa Sprott continues:


“We have completely run out of physical silver, so we are temporarily out of stock.  You have to remember, Eric, that like Dubai, we only sell product that is on our shelves, that we have in stock.  We do expect a shipment later today, which will allow us to restock and give us more product to sell. 


Our clients are very savvy, sophisticated and when a price drop of this magnitude occurs, they step in and buy very aggressively.  Right now there is dramatically increased volume what we are seeing is buying across all spectrums in terms of the size of the orders.


To clarify, we may have some client buying a single tube of silver maples, while at the same time, another client is buying $5 million of 100 ounce silver bars or gold maple leafs.  The bottom line here is the drawdown in price is creating a tremendous amount of demand.”

Silver heading for record fall

Silver heading for record fall  09/23/11 Fri
September 23, 2011, 10:54 AM
Silver prices are sliding sharply for a second straight day.
The metal is off $4.71 an ounce, or 13.14%, at $31.13 in closing price.
Friday’s slide would be among the 10 worst percentage falls for the metal in the past 20 years and the second largest nominal decline, after Thursday’s $3.89 drubbing, according to data compiled from FactSet Research.
Silver’s 10 worst percentage declines:
-13.75% 4/20/2006
-13.14% 9/23/2011
-13.05% 6/13/2006
-12.92% 10/02/2008
-11.10% 4/21/2004
-10.74% 10/10/2008
-9.94% 8/15/2008
-9.61% 9/22/2011-9.39% 12/08/2004
-9.18% 4/24/2006
-9.12% 8/05/1993
-Tom Bemis

Hedge Funds Selling Gold!

Posted by Brittany Stepniak - Friday, September 23rd, 2011

Hedge funds have been stocking up on gold to hedge against inflation as the equity markets have faced some tough times over the past two years.

Shockingly, investors were surprised to see gold tumble down a bit after the equities market slipped again yesterday.

September delivery for gold futures dropped to $1,739.20, losing $66.30, or 3.7 percent.

No one seemed to expect this, as gold has been soaring in recent days.

Some traders said that hedge funds were beginning to unwind, or close out, what has been a very popular and profitable trade for the last 18 months as they bet the dollar would fall and that gold would rise. In the last month alone, the euro has fallen nearly 4 percent against the dollar amid worries about the European debt crisis.

Experts suggest the sell-off is happening because investors are building up some of their faith in the dollar after the Fed's stimulus announcement Wednesday and, therefore, turning away from risky assets.

Historically, gold and the dollar trader inversely of each other. Right now, hedge funds want to raise cash, so they're selling some gold.

But, it's not the end of the gold rush just yet...it's just a pullback. Even with today's losses, gold is one of the top best investments of this fiscal year – with 22 percent gains.

Gold strategists recently predicted gold to surge all the way up to $2,300, as it did back in the 1980s (when adjusted for inflation).

Gold, whether through futures contracts or via exchange-traded funds, has been a popular investment among some of the world’s largest hedge funds. One of the best known “gold bugs” is John A. Paulson, whose firm, Paulson & Company, is the biggest shareholder in the SPDR Gold Shares ETF. But many other hedge funds have embraced the metal as well.

After peaking in early August, hedge funds have been reducing their exposure in the gold futures market, according to Mary Ann Bartels, the head of United States technical analysis for Bank of America Merrill Lynch.

So, yes gold is experience some pull-back today. Perhaps, this is an ideal time to buy...because gold's going to maintain its popularity for quite some time...

*Indented excerpts from CNBC.

Original Source 

黃金深調符合預期白銀牛市徹底終結

    此刻（9月23日20:00）看到黃金、白銀以及各種商品大幅下跌，中國千萬貴金屬、商品投資者再次中伏，不禁感慨萬千。筆者此前的警告雖然再次被驗證正確性，但是顯然沒能幫助更多的投資者擺脫財富遭洗劫的命運。尤其是在剛剛再次警告，話音幾乎未落之際。

    9月22日（昨天）晚20:00受上海中外企業家聯合會邀請，在斯格威鉑爾曼大酒店發表“中國宏觀趨勢：股市、樓市、匯市和黃金”的演講，指出在中國繼續貨幣緊縮，在歐洲債務危機導致嚴重美元流動性緊縮，美聯儲延後推出量化寬鬆3.0的情況下，中國股市將繼續下跌，樓市進入加速下跌通道，大宗商品將大幅下跌，黃金將深幅回調，至少將跌至每盎司1650一線。

    截止今天20:00，國際金價已經跌至每盎司1690美元，而更慘烈的是白銀，兩天暴跌17.78%。此前，本人在接受某網站採訪時曾明確表示白銀牛市已經終結，非常遺憾的是，這一警告未能得到更多投資人重視。

    不過，就個人而言，作為一個金融市場趨勢預測家，一個國民財富風險預警者，本人的責任已經盡到，也可以安心了。