Save Your ASSets First

The decline is holding near the last swing low. Will the June low hold? The odds are greater for the low not holding, based on the trend, but there is no way to determine the probability of the June low giving way, for it is possible it will not. Read More »

2. Noonan on Fiat Currencies, Bitcoins, Gold & Silver

3. Noonan: Charts Say NO End In Sight for Decline In Gold & Silver Prices

The dramatic rise in Bitcoin is the best reminder for all those buying and holding physical gold and silver, for whatever length of time and at whatever price, better days are assured. It is just a matter of time. Read More »

4. Noonan on Gold & Silver: "When Fundamentals Fail, Charts Prevail" & This Is What They're Conveying

No matter what the latest "news" development is for PMs that paints a rosy picture, those in the fundamentalist camp are looking through rose-colored glasses to expect change in the near future. The charts for gold & silver continue to tell a more accurate story that belie all known fundamentals, and the charts shown here depict a market in decline with no apparent end in sight. Read More »

5. Noonan: When Will Silver Rise to Higher Values? Here's the Answer

Fundamentals are relative, charts are absolute. They accurately reflect all that is going on, regardless of reasoning/motivation and…right now, the charts are letting us know that higher PM prices are unlikely to occur anytime soon. Barring some kind of "overnight surprise" that will shock the markets, odds favor lower prices over higher prices unless and until demand shows up in chart activity. Read More »

6. Noonan: Charts are Infallible! Here's Why & What They're Saying About Gold & Silver

It takes time to turn a market around, and silver is in that process. There is no degree of certainty that a bottom has been reached, but there exist at least a probability the recent lows may hold. Whether the lows hold or not, one cannot lose sight of why accumulating silver has been so important. When price finally accelerates higher, the trying of one's patience will quickly be forgotten and all will be well. Read More »

7. Noonan: Is Gold's Decline Being Caused By Fed Payback Time to China?

Some of the finest and most highly regarded minds in the world of PMs have been saying gold and silver are going higher…[but] the charts have "said" otherwise, and that has been the correct read…The fundamentals may be as bullish as can be [but] the charts are sending a different message. Read More »

Noonan: Here’s Why Silver Is So Low & What To Do About It

Posted: 14 Dec 2013 09:52 AM PST

The demand for silver has grown exponentially in the past few years (record sales for American Eagle coins, record buying in India), but supply, on the other hand, keeps diminishing…Whenever there is a situation where demand rises sharply, while supply commensurately declines, it is a recipe for higher prices, and usually, much higher prices. This is true, unless one is talking about the silver market…[which] is at its lowest levels in the past three years. With talk of silver going anywhere from $150 to $500 higher, it currently struggles to hold $20. Why is this so?

So says Michael Noonan (tradersedgeplus.com) in paraphrased excerpts from his original article* entitled Silver – A Rigged Market Coming To An End.

[The following is presented by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here – register here). The excerpts may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]

Noonan goes on to say in further edited excerpts:

The answer is not to be found in the myriad supply and demand figures, no matter how cogently presented as absolute numbers, or dramatically presented graphs, and with so many comparisons to other times/situations. Facts and figures do not lie...The reason why silver continues to languish is purely a political one. Silver, along with gold, compete against fiat currencies.

All [Western]currencies are issued by central banks. All central banks are owned by the elites, New World Order (NWO), the moneychangers,
call them whatever you will. These elites have a vested interest in preserving the Ponzi monopoly they have enjoyed ever since Mayer Amschel Rothschild discovered the power of interest collected on debt, over 200 years ago.

Debt = Wealth. That is the motto for the elites who charge their central banks with running up as much debt as possible for every man, woman, child. and country. The more debt, the more interest owed to the 1/10th of 1% who own the world's wealth. As an example, what was the answer to resolve Greece's unmanageable debt problems? Have that country borrow even more!

The problem today is that the NWO is losing its grip as the growth of debt escalates to previously unimagined levels. The biggest threat to fiat currencies is sound money, such as being backed by gold and silver. This is why the United States:

eliminated the backing of United States Notes with silver and gold…[which] was instigated by the elites who have controlled the United States since it was forced into bankruptcy in 1933 and
repudiated gold backing in 1971 under President Nixon setting the stage to flood the world with Federal Reserve Notes, backed by oil, hence the petro-dollar as the world's reserve currency. The US has been exporting its debt-ridden society on the world ever since.

What the U.S. did not count on was China, even Russia, to a lesser extent, emerging as world powers, and world powers that now have the gold.

The Western central bankers have been leasing, hypothecating and re-hypothecating gold with impunity, with no country ever strong enough to challenge Western financial supremacy. Then, in the 1990s, China wanted its gold back from the United States. "Sorry, Chinks!" was the arrogant response from the US. It was gone, "leased" out to keep a controlled lid on the world's price of gold. Central bankers were running a
scam, one of the largest Ponzi schemes, ever. Huge mistake.

It is now payback by the Chinese.

Noonan: Is Gold's Decline Being Caused By Fed Payback Time to China?

China is Buying Up the World – Big Time! Take a Look

Now aligned with Russia, Brazil, India, and South Africa, the BRICS nations have formed a trading alliance outside of the US petro-dollar. The world's reserve currency has not only been challenged, it has fast become irrelevant, except in West and EU, and even in the EU, that is changing.

The golden genie was let out of the bottle over a decade ago, and all the central bankers cannot put it back. Every attempt has been made to keep a lid on the price of silver and gold by central bankers desperate to hang onto their waning power. This is why Germany was told it would have to wait seven years to get its gold back from the Federal Reserve Bank of New York. It simply ain't there, anymore. Gone. Guess where it is? China. Retribution can be a bitch. The East is over taking the West, and they are doing it by buying all the available physical silver and gold. Even more. China has been on a shopping spree, buying as many precious metals mining operations around the world as are available. Here is your largest demand factor, followed by the remaining BRICS nations.

China Converting U.S. Dollar Debt Holdings Into Gold At Accelerating Rate

What about diminishing supply? What about the almost empty vaults at COMEX and LBMA? What about the demand of 68:1 claim for each ounce of gold? What about…insert your own example of how supply is being exhausted. All factual, all true.

The elephant in the room no one is addressing is the political one. The elites have kept pressure on PMs to keep their last gasp efforts of control alive. The current price of silver has nothing to do with supply and demand, nothing. It is all about central banks being used by the elites to prevent silver and gold from exposing the fraud.

Noonan: The Fed Will Never Ever Taper & What That Means For Gold

There was a reason why, in the Wizard of OZ, the theme was to "follow the yellow brick road." The all-controlling Wizard behind the curtain was a fraud. The all-controlling elites behind the central bank curtain are also a fraud, but a more sinister one that has been cornered like a rat, and they are fighting back.

The way in which the elites are fighting back is why silver is under $20, right now. If the price of silver were allowed to rally and reflect reality, the exponentially higher prices would expose what lies behind the central bank fraud. The market is rigged.

If you want an idea of what to expect for the future price of silver, one only has to look at Bitcoin. It is not a government regulated market, and it is one that has taken the world by surprise. Just a few years ago, Bitcoin was under $1. Recently, it ran up to over $1,200. The appetite for any fiat alternative is huge. Bitcoin is not a currency, nor does it have the history of being currency-backed like silver and gold do. Once the lid is taken off the precious metals markets, they will leave Bitcoin in the dust.

The good news is: every single fiat currency throughout the history of the world has failed. An ounce of silver is still the same ounce of silver from thousands of years ago. The bad news is: no one knows for how much longer the elites can keep control, via their central banks, in suppressing the price. The good news to the bad news is that the end is near.

We are looking at the sale of the century for the price of silver, right now. There is a reason why China, Russia, and India have been huge buyers of physical silver and gold. Because of silver's properties of being an indispensable necessity for industrial use, it has been used up considerably more than has gold. Both will rise incredibly in the not too distant future, and odds based on the gold/silver ratio favor silver.

Russia & China Have Power to Collapse U.S. Economy! Is Hoarding of Gold Their First Step In Doing So?

One is likely to experience a greater return on investment in silver over gold. There is never any guarantee, but using historical relationships between the two makes silver a better buy and hold. The ratio is around 62:1. As both metals rise, once freed from central bank tentacles, the probability is that the ratio will move more toward 20:1. Wherever it goes, anything less than 62:1 makes silver preferred, on that basis.

Gold:Silver Ratio Suggests Much Higher Future Price for Silver – MUCH Higher!

This remains the best opportunity to be buying and holding physical silver. Only buy the physical metal, in coin or bar form, as you can afford. Do not buy silver in any form of paper, for you are unlikely to ever received physical, if promised. Plus, the fine print will tell you that delivery can be made in some form of paper payment in place of physical delivery.

Does it make sense to wait for the "best price possible?" Not as far as we are concerned. Silver may not be available at any price, or in very limited quantities, at some point. Plus, the reasons for buying are about wealth preservation that will eventually lead to increased
wealth, when price finds its eventual true level. It is not worth the risk if you intend to accumulate silver and then not be able to buy any.

There could be one more new low in the near future, but that does not mean the physical will be commensurately lower. It is a personal choice. The time to buy is now, in the present. When silver eventually reaches over $150 the ounce, will it have made any material difference if you paid a dollar or two more or less the ounce?

[Editor's Note: The author's views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]

*http://edgetraderplus.com/market-commentaries/silver-a-rigged-market-coming-to-an-end

Other Recent Noonan Articles:

1. Noonan: Charts Say "Still No Ending Action to Decline In Gold & Silver"

2. Noonan on Fiat Currencies, Bitcoins, Gold & Silver

3. Noonan: Charts Say NO End In Sight for Decline In Gold & Silver Prices

4. Noonan on Gold & Silver: "When Fundamentals Fail, Charts Prevail" & This Is What They're Conveying

5. Noonan: When Will Silver Rise to Higher Values? Here's the Answer

6. Noonan: Charts are Infallible! Here's Why & What They're Saying About Gold & Silver