by David Casper, The News UNIT's friendly ghost writer
Silver to see $26.00US before end of January 2012:
There is now credible information surfacing that the price of SILVER and GOLD will slide with GOLD below $1,500 and SILVER below $30 and falling to test $26. The intent is to design both a "PRICE CAP" for both metals and a lower priced trading range due to SILVER's industrial applications. GOLD will go in phase with SILVER and all this is to prevent excess industrial cost in the upcoming crisis economy.
This information comes from talking to one of the largest bullion dealers in the U.S.A. Why would they tell me that? I don't know but anything other than the usual pumping of prices and telling you gold and silver are "safe havens" seems to be the more honest information. When would you meet a car dealer who tells you to hold off on buying a car? Not often. I would take that as good advice. One large Canadian source in league with the Royal Canadian Mint is expecting SILVER to be $20.00US within 3 months.
It will be interesting to watch the usual suspects of the silver cult pumpers while they cry JPM, GS, and HBC manipulation while they themselves keep lying to people with their outlandish price projections.
Has anyone noticed that Eric Sprott's silver circle which includes John Embry and James Turk have had their outlooks of $60 to $75 SILVER for some time now? They are very misinformed.
The US DOLLAR is THE GLOBAL CURRENCY just like Lindsey Williams said. But his elite friends were less than honest with him concerning GOLD, SILVER, and OIL. He will have to change his tune soon also. In the meantime get their latest book and CD for only $29.99.
As I always say on my live severe weather reports with the media "Keep up with the forecast."
...developing...