Saturday , 23 November 2024

Noonan on Silver: Wait for Price to Confirm Its Intent – Then Start Stacking! (+2K Views)

Do not mess with Mother Nature!  The natural law of supply and demand will always rise up from under thesilver distorted efforts to contain it.  The good news is that each passing week brings silver closer to its inevitable resolve: a powerful rally that will surpass all others.

So says Michael Noonan (edgetraderplus.com) in edited excerpts from his original article* entitled Silver – The Power Of Thought Will Ultimately Prevail.

[The following is presented by Lorimer Wilson, editor of www.munKNEE.com and 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:

Silver remains incredibly undervalued, and that bodes well for all of us silver stackers. The fact that silver and gold have purposefully been suppressed by the moneychangers means the…next price rise in silver will be greater than ever.  Any time anything has been artificially manipulated, it makes the ultimate outcome far worse than was planned by those doing everything possible to prevent a rise in prices.  Central planning  always fails. Do not mess with Mother Nature!

…Fundamentals have not been reliable indicators in the supply/demand equation that normally determines price yet almost every single article [you read these days] focuses on:

  • the record sales of numbers of coins offered to the public,
  • charts showing overwhelmingly favorable statistics that favor higher silver prices,
  • cost factors for mine production,
  • decreasing supply relative to increasing demand,
  • etc.

The above information has been presented many times, and in many ways, over the past year yet the price of silver languishes near recent lows. Why? Because people have an appetite for this kind of information.  It serves as a crutch to bolster flagging belief that silver and gold will rally any time soon.

From our perspective, we are looking at one of the best opportunities to be buying the Precious Metals in our lifetime.  Okay, second best.  [Nick Barisheff: “Today’s the 2nd-Greatest Opportunity to Buy Gold Since 2002!”] Those who have been buying since $4 and $5, and up, deserve recognition for knowing far better that silver stacking was, and continues to be, the right thing to do.

Fundamentals are real.  We are not being dismissive of their importance.  Instead, we see the perception of their impact as being misplaced, for now.  Ultimately, they will prevail, but the greater area of focus of a failed fiat financial system deserves center stage.  It is the gross distortion of paper fiat being forced-fed down the throats of the public and sovereign governments, like a goose being prepared to produce foie gras, that virtually guarantees that the price of silver, and that of gold, will rise to appropriate levels that reflect the degree of manipulation over the past few years.

It is hard to imagine that the elites may have miscalculated so badly, but that is a distinct possibility.  Perceptions of the elites and their New World Order, as controlled by their central banking system and determined by the Rothschild Formula, “Give me control over a nation’s money, and I care not who makes the laws”, has always been to see them as impregnable. Could it be that their success over the past few hundred years, unopposed, has led them to become susceptible as a consequence of their own arrogance and their own perceived sense in invincibility?  We do not know, but it was a thought that was unthinkable in the past recent years….

Who, growing up in America, would have ever thought that it would be China and Russia that could suppress the suppressors?  The most coveted prize of the Rothschild formula was to own all the gold, following the dictates of the Golden Rule, and rule they have, but their days may be numbered.

There are always unintended consequences when the laws of nature are misused.  The elites never imagined their artificial suppression of the people of the world could ever come back to haunt them.  They still maintain a stronghold on the Western world, via the Federal Reserve in America, and the all but failed European Union, as they continue to wreak financial havoc on country after country.  Even the stalwart Germany may soon turn its back on the elite’s puppet bureaucrats running the show over there….[Given] the rebuke to Germany in refusing to return their own gold, German citizens are tiring of the idea of financially supporting other financially failing Euro countries…Change your beliefs and, in turn, your perception of reality, and stay focused on buying, holding, and not letting go of any acquired silver and gold in the realization that your action of one will help bring about the demise of the New World Order…

As we acknowledge in Noonan: The Trend in Gold Remains Down – But For How Long? the COMX-derived charts of the paper derivatives of the actual physical silver market are controlled by the central bankers, but it is all we have.  Plus, throughout
history, there has always been some degree of manipulation over all markets.  It is human nature to go against Mother Nature.

Silver may be the one to watch for 2014.  It is likely to outperform gold because the gold-to-silver ratio is so high, currently just under 62:1.  Reversion to the mean, which is nearer to 28:1, strongly supports this idea.  This is a fact and not a perception, so there is a higher degree of validity to it.

We do not have to know, in advance, nor do we need to anticipate ahead of time, or even make the common, costly mistake of predicting.  Just let the market confirm its intent, and then follow along with the proven market direction…

SI D 19 Jan 14

Silver is at an area of indecision within a down trend that has lost momentum.  Rather than guess at what may happen, and possibly be wrong in guessing, better to wait for price to confirm its intent, and then take some action in harmony with the developing momentum.

SI W2 19 Jan 14

As to the physical, keep on stacking!   Let the market take its course, naturally, or with temporary interference, and do not be distracted by purposeful distractions.  It is but a matter of time. History is on the side of silver, and the rewards will be well worth the patience.

[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-the-power-of-thought-will-ultimately-previal

Other Related Articles:  (The articles posted on munKNEE.com deliberately present a diverse perspective on subjects discussed. Below are links, with introductory paragraphs, to a variety of related articles designed to help you become truly informed regarding both sides of the issues so that you can assess the merits of all points of view and come to your own conclusion.)

1. Nick Barisheff: “Today’s the 2nd-Greatest Opportunity to Buy Gold Since 2002!”

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Last year…saw gold’s greatest decline in 32 years…but I’m still confident that gold’s bullish fundamentals are still intact and that what I said in my recently published book, $10,000 Gold, still holds true. Here’s why. Read More »

2. These 10 Charts Suggest the Outlook for Gold Is Good for 2014 and Beyond

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Very poor sentiment towards gold and oversold conditions is reminiscent of the conditions seen in late 2008 and January 2009 [as seen in the chart below] when gold prices had fallen by more than 25% in 9 months. Subsequently, gold rose from a low on January 15, 2009 at $802.60/oz to a high less than 12 months later at $1,215/oz for a gain of over 50%. A similar move today would see gold above $1,800/oz by year end. Read More »

3. Gold To Begin a Parabolic Rise In 2014 – Here’s Why

We are now starting the hyperinflationary phase in the USA and many other countries – and this will all start in 2014. What will be the trigger? The answer is simple – the fall of the U.S. dollar. Read More »

4. Gold Going to $5,000 & Possibly MUCH More – Here’s Why

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Longer term, I think gold goes to $5,000 over a number of years. If they continue to print money at the current rate, I think it could be multiples of that. I see a slow steady rise punctuated with some sharp upward moves. Read More »

5. Sustained Rise in Gold Price Likely – Here’s Why

Many events moved the market this month which are all very bullish for gold. In addition, gold’s leading indicator is currently at a major low area all of which strongly reinforce the likelihood of an upcoming sustained rise. Let us explain. Read More »

6. 12 Reasons Why Gold Should Bounce Sharply Higher in 2014

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Is it time to throw in the towel? Is the bull market in precious metals really over? I don’t think so because my analyses suggest that nearly all of the fundamental factors that have been driving the gold price higher in the past decade have only strengthened in the past two years. Now that the correction has most likely run its course, I expect gold to rebound into the close of the year and bounce sharply higher in 2014. Here are the 12 reasons why. Read More »

7. A Look At the Great Chinese Gold Rush

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China is taking over the world one gold bar at a time. The infographic below shows how, in the space of a few decades, it has developed a huge appetite for the world’s physical gold. Read More »

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

China, Russia and other nations are exiting their dollar-denominated holdings in favor of gold. This action should put pressure on the dollar and U.S. treasuries, pushing not only central banks, but mainstream investors towards the safety of precious metals and other tangible assets that cannot be defaulted on. There will be a rush out of dollars and into assets with no counter-party risk, it is just a matter of how soon it happens. Read More »

The manipulated raids in the gold market since last April may be hurting the Precious Metals game players, weakening their confidence and “disproving” gold’s worth against a fiat currency, but they serve a greater purpose, as in Federal Reserve payback time to China. Here’s why. Read More »

10. China Continues Buying Gold Like There Was No Tomorrow! Here Are the Impressive Numbers

gold-bars-india

China continues to buy gold with both hands, keeping up all the gold they produce and importing even more! Imports were up 50% in October vs. the previous month; up 68% in November and up 74% in December. What will January bring given the continued weakness in the price of gold? Probably even more buying!

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

Most Americans simply don’t understand that Russia and China have the power to collapse the U.S. economy by going to a gold for oil system.  All they have to do is pull the trigger. Let me explain. Words: 1515 Read More »

12. China & the West View Gold Very Differently – Here’s Why

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[It has been] suggested recently that there must be collusion between America and China over the transfer of gold from Western capital markets. They assume that governments know what they are doing, so there is a bigger game afoot of which we are unaware. The truth of the matter, though, is simply that China and Western capital markets view gold very differently. Let me explain. Read More »

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

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The majority of analysts maintain that gold will reach a parabolic peak price somewhere in excess of $5,000 per troy ounce in the next few years. Given the fact that the historical movement of silver is 90 – 95% correlated with that of gold suggests that a much higher price for silver can also be anticipated. Couple that with the fact that silver is currently greatly undervalued relative to its average long-term historical relationship with gold and it is realistic to expect that silver will eventually escalate dramatically in price. How much? This article applies the historical gold:silver ratios to come up with a range of prices based on specific price levels for gold being reached. Words: 691 Read More »

 

 

 

2 comments

  1. Here is what I think will happen with PMs in America – and we are almost there now and it well happen this year.

    It seems to me that:
    1. the supply of gold and silver is being depleted
    2. is disappearing out of the U.S. at a very rapid pace and
    3. the price is actually dropping.

    So what does this all mean? The golden government rule applies here.
    – The government is causing the problem because it wants the COMEX to default.
    – When it does the government will come to the rescue an try to resolve the problem by freezing the PMs prices at these artificial low levels until they are ready to go public with their plans for the establishment of a NWO (New World Order).
    – after the markets collapse and their dirty work is done they will raise the price of the PMs say 10% to 15% of the average mining cost of the world and will move from that price as mining costs move.
    – But it doesn’t end there! All future production of PMs will have to be sold to the U.S. Government.

  2. Wait if you dare, but since ideally you are acquiring Silver (and/or other PM’s) for long term gain and/or as security against sudden loss in the value of paper money like the US$, today is just as good a time as any other since a sudden shift in prices which could happen at any time for any reason, make waiting a BIG mistake.

    Using your vehicle tires as an analogy, imagine the risk you are taking by deciding to not replace them sooner rather than later, since your life and the lives of all those that ride in your vehicle depend upon the condition of those tires. Sure you might put off replacing them for a couple of days or even a few months but if you have an accident because of those tires, you will be forever haunted by that poor decision. Using an extreme case, imagine that forever reason once your tires fail you are unable to get replacements for a long time, suddenly the cost savings of waiting to replace your tires when you had the opportunity is nothing compared to nw having a vehicle that cannot be used.

    By waiting to purchase PM’s at hopefully a much lower price (at the bottom) you are taking a large financial risk because any day, for whatever reason PM may suddenly skyrocket upward and you will be unable to acquire any except at a even more inflated price, if at all, should supplies of PM’s suddenly be reduced to zero by large investors who gobble everything available up.