Month: August 2008

(If you don’t understand this, ask any 12-year-old* to help you.) Silver Stock Report by Jason Hommel, August 31st, 2008 On August 23rd, I linked Ted Butler’s article, showcasing market manipulation in silver at the COMEX:http://silverstockreport.com/2008/freemarketshortages.html Ted Butler released an article “The Smoking Gun”, where he revealed that two banks sold 27,000 paper contracts for… Continue reading A Tribute to 7th Grade Math

(Most silver is like other silver!) Silver Stock Report by Jason Hommel, August 29th, 2008 Sorry.  My last email earlier today was blank for many people.  The highest price bid for the 25 bars of silver was $4.01 over spot.  Some people have suggested that if I believe there is a shortage of silver, why… Continue reading Take Delivery!

(List of final bids!) Silver Stock Report by Jason Hommel, August 29th, 2008 For interested silver investors, here are the final bids, showing depth of bids and overall market interest.http://silverstockreport.com/2008/auction.html  Final bids: $4.01 over spot, for the lot. $3.76 over spot, for the lot. $16.31 per ounce for the lot. (This is about $2.55 over spot now, at Friday’s… Continue reading Auction Closed: 25 silver 100 oz. bars, JM or Engelhards

As you may know, most dealers are out of 100 oz. bars, cannot get any, cannot find any. I believe most major dealers regularly hedge in paper, as a standard business practice, and cannot now find bars from the public to buy, because the public is now buying more than selling.  Dealers are getting hit… Continue reading Market Demand for 100 oz. silver bars

Ignoring the Manipulated Market Causes Success Silver Stock Report by Jason Hommel, August 23rd, 2008 Today, Ted Butler released an article, title, “The Smoking Gun”, where he revealed that two banks sold 27,000 paper contracts for about 139 million ounces of silver, from July 1 to August 5th, which depressed the paper price at the… Continue reading Ignoring the Free Market Causes Shortages

(No wonder you can’t find any!) Silver Stock Report by Jason Hommel, August 21st, 2008 Really, no hype, I found a way you can get physical silver practically for free. I have always been frusterated with the premiums, or extra fees, for American Silver Eagles.  I’ve never liked paying nearly $2/oz over the spot price,… Continue reading Silver’s so Cheap, it’s Practically Free!

(A conversation about the changes in the gold/silver industry!) Silver Stock Report by Jason Hommel, August 21st, 2008 A man emailed me a few days ago to “clue me in” that there is no silver shortage.  He wrote:  I just came across your article. (Editor’s note: Silver Shortages Cause Price Disconnect  August 17, 2008)  You are… Continue reading Gold Refining Squeezes Silver Bar Production?

(Just try to find some!) Silver Stock Report by Jason Hommel, August 20th, 2008 For a long time, people have been asking me, “When will silver run out?”.  They know that the world uses up more silver each year (about 850 million ounces) than the world mines (about 600 million ounces), and that existing demand can only be… Continue reading Silver has Run Out, Now!

(Only on physical silver!) Silver Stock Report by Jason Hommel, August 19th, 2008 As of my calculations, Spot Silver stands at $12.72. As of this early morning, August 19th, Kitco.com is advertising 100 oz. silver bars for sale at $1382.https://online.kitco.com/bullion/completelist.html At this moment, just after midnight, ebay.com has 4 100 oz. silver bars being bid on… Continue reading Make $400,000/year on your silver!

(Manipulation begins to fail, paper prices fall.) Silver Stock Report by Jason Hommel, August 17, 2008 Franklin Sanders understands, and explains that physical silver and gold are selling for higher prices than paper silver and gold. http://goldprice.org/silver-and-gold-prices/http://www.gata.org/node/6492 James Turk reveals in his article today, “A Fabrication Bottleneck or Something More”:  http://goldmoney.com Turk acknowledges, “In other words,… Continue reading Silver Shortage Causes Price Disconnect

(Rock crushes Paper, Paper does not cover Rock!) Silver Stock Report by Jason Hommel, August 15th, 2008 Silver prices are dropping like a rock, down to $12.50/oz., and yet, none of my trusted, major, regular dealers have any silver to sell. I’ve never seen that before.    David Bond notes that when silver hit $21/oz. about… Continue reading What the Silver Shortages Mean

(Paper silver is all forms of silver held by another, such as ETF’s, 3rd party Vaults, futures contracts, options, certificates, brokers, or even bullion dealers orders in transit) Silver Stock Report by Jason Hommel, August 12th, 2008 Yesterday, silver hit a low, and was down dramatically to as low as $14.08/oz.  I’m sure the dip caused a lot of margin calls on… Continue reading Why Paper Silver is not as good as Physical Silver