We are all well and live with power/internet access again after a devastating storm. A full update will follow – as well as updates to the site.
Post Sandy Update
Silver and the Mainstream Media
What an interesting week for silver investors in regards to exposure from the mainstream media. Even though we haven’t experienced any further major breakouts…yet! The mainstream media does appear to be more favorably covering silver than they have been in the past year. The MSM even seems to be slowly warming up to silver investments, with some jumping on the silver bandwagon.
In just the past few days, The Wall Street Journal, Bloomberg, San Francisco Chronicle, Financial Times and Yahoo Finance all had reports on investing in silver:
Silver Uses and How Industrial Silver is Mined
Approximately 80% of all mined silver is used for industrial purposes, with the remaining 20% used for investments. Mining silver is an arduous process. Take a look at some of the uses of silver, as well as the mining processes – including taking silver in its natural form through the process of turning it not industrial grade silver.
Silver Price Takes A Vertical Moonshot!
Does Mike Maloney’s $1500 silver prediction video still hold weight today, as it did in 2010? And do we really want $1500 silver? First, this is not investment advice, it is opinion. With that out of the way, silver in our opinion is definitely going higher.
Will it reach or surpass $1500 an ounce? That is a hard call for anyone to accurately predict. It’s possible, but at what cost! That is the concern. If silver indeed goes to $1500 an ounce,
Is another September silver price smackdown coming our way? Last year silver dropped by almost $12 in less than a week.
Things are definitely different this year and some experts have speculated that silver is going to take a dip, while others have said it is going up.
However, anything is of course possible. If silver gets smacked down to such an extent percentage/dollar wise this year as it did last year, it is possible that the market will be 100% weeded out beyond recognition with only the hard core physical stackers remaining.
What do you think is going to happen this month? Will the price of silver get smacked down again, remain fairly neutral or go higher?
Are Silver Prices Going to Triple Digits Soon? Is this the Silver Rally We’ve Been Waiting for?
The silver community has been exploding over the past few weeks with many calling triple digit silver prices very soon. Others are saying to sit tight because 2013 will be the year silver absolutely skyrockets. So the question remains, is this the silver rally that we’ve been waiting for? Is it going to be in 2013 instead? Are silver stackers going to be vindicated after a dipping and flat silver price since the spring of 2011?
Question: When will the price of silver go up and stay up already? I’m so tired of hearing and reading all of the experts giving a date for silver to go up and then every single time that date passes time and time again with the following results reoccurring 100% of the time (sadly I can bank on these results more than what each expert says); silver remains flat, goes down or goes up slightly only to slide back down again. We are now about 15 months past the last time silver was at its high and all I still hear is that a silver price explosion is coming next week
Our world would not be the same without silver. A great episode on The History Channel covered this, “It’s in your car, on your photographers and around your finger. You eat with it, compute with it and admire its beauty! Silver is one of the most versatile metals known to man…it has the highest sheen of any metal and it has the highest conductivity of any metal because it does not corrode.” Basically silver is used in industrial applications because it will work the first time every time.
Silver Coins or Silver Bars?
There is a discussion on Yahoo answers about, “Which is better to invest in silver coins or silver bars?”. The poster goes on to ask, “Silver coins as in American silver eagles 1oz or just like a bar of silver? Thank you”. I think this a great topic for our weekly post – as it touches on a highly debatable topic in itself. However, the gems are in the replies and the topic of this week’s post.
This following video helps demystify how American silver eagle coins are made. Take a quick behind the scenes tour at the United States Mint at West Point in NY and see what it actually takes to produce a US Silver Eagle bullion coin. The process is very tedious and although there is of course automation and heavy machinery, it is very interesting to see just how much manual labor is still involved in the production process.
Are you preparing and making the correct adjustments in your life in anticipation of the upcoming end game to our financial system? Where we are and what we are facing has never been experienced before. However, we should also never underestimate the creativity of the US and other governments to do their best in an absolute all-out effort to control and change what we are expecting to happen. They can and will delay the inevitable for as long as they possibly can. In the end, they will lose control and as many experts 100% believe – Silver and Gold will definitely be going up exponentially.
This post will be updated as needed to help answer questions regarding our direction and assist further with questions that we receive.
Where is your daily updated ‘Silver News’ section located?
It is located on our home page underneath our silver prices chart. Please click here to see it.
Why don’t you post each news article as a separate blog post? Why do you just update the links on your home page?
We’ve found it easier for readers to have the entire days and weeks silver news in one location, as opposed to multiple blog posts. Overall, it just makes easier to sort through.
Greg McCoach, publisher of The Mining Speculator, feels gold is ultimately headed above $6,000/oz and silver into the hundreds of dollars and those who aren’t paying attention now
Colorado State Senators will consider a bill that would allow people to use gold and silver as currency.


