http://2.silverseek.com/commentaries/rss/111 Goldseek Commentaries en The Last Great Silver Buy http://2.silverseek.com/commentary/last-great-silver-buy-17047 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> In the annals of silver in the modern age, there have been two well-known instances of very large investor accumulations of the metal. First came the purchase by the Hunt Brothers and their associates in early 1980, followed by the purchase by Warren Buffett’s Berkshire Hathaway, 17 years later. The Hunts were said to control around 100 million ounces of actual metal (plus another 100 million ounces in long paper futures contracts), while Berkshire held as many as 129 million ounces. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, January 12th</span> </div> </div> </div> <p class="MsoNormal" style="margin-bottom: .0001pt; text-align: justify; mso-line-height-alt: 1.0pt;"><span style="font-size: 10pt; font-family: 'Verdana', sans-serif; color: #000000;">In the annals of silver in the modern age, there have been two well-known instances of very large investor accumulations of the metal. First came the purchase by the Hunt Brothers and their associates in early 1980, followed by the purchase by Warren Buffett’s Berkshire Hathaway, 17 years later.</span></p><p><a href="http://2.silverseek.com/commentary/last-great-silver-buy-17047" target="_blank">read more</a></p> Fri, 12 Jan 2018 18:44:26 +0000 Theodore Butler 17047 at http://2.silverseek.com A Ten Year Deal? http://2.silverseek.com/commentary/ten-year-deal-17017 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Here’s a thought that I fully acknowledge didn’t originate with me, but from a close associate, even though it incorporates many of my findings. If it does come to fruition, I will gladly reveal my associate’s identity to give him his proper due; but in case it doesn’t, I’ll spare him any embarrassment for an incorrect premise. As I think you’ll see, I can’t deny that my friend’s premise seems to tie up all the loose ends about the silver manipulation. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, December 21st</span> </div> </div> </div> <p class="MsoNormal"><span style="font-size: 10pt; line-height: 107%; font-family: 'Verdana', sans-serif; color: #000000;">Here’s a thought that I fully acknowledge didn’t originate with me, but from a close associate, even though it incorporates many of my findings. If it does come to fruition, I will gladly reveal my associate’s identity to give him his proper due; but in case it doesn’t, I’ll spare him any embarrassment for an incorrect premise. As I think you’ll see, I can’t deny that my friend’s premise seems to tie up all the loose ends about the silver manipulation.</span></p><p><a href="http://2.silverseek.com/commentary/ten-year-deal-17017" target="_blank">read more</a></p> Thu, 21 Dec 2017 14:53:10 +0000 Theodore Butler 17017 at http://2.silverseek.com Life Under Manipulation http://2.silverseek.com/commentary/life-under-manipulation-16971 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> We as individuals have little or no control over the state of markets, all we can do is adapt to market realities. In the case of silver, the reality is that it is in the grip of a price manipulation. History shows that various world governments have often artificially set the price of silver and gold in connection with official monetary policies. However, for the past 35 years a specific type of price manipulation has existed in silver via futures contract positioning on the Commodities Exchange, Inc. (COMEX). </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, November 24th</span> </div> </div> </div> <p class="MsoNormal" style="text-align: justify; margin: 0in 0in 0pt; mso-line-height-alt: 1.0pt;"><span style="font-size: 10pt; font-family: 'Verdana',sans-serif; color: black; mso-fareast-font-family: Calibri; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN;">We as individuals have little or no control over the state of markets, all we can do is adapt to market realities. In the case of silver, the reality is that it is in the grip of a price manipulation.</span></p><p><a href="http://2.silverseek.com/commentary/life-under-manipulation-16971" target="_blank">read more</a></p> Fri, 24 Nov 2017 17:07:51 +0000 Theodore Butler 16971 at http://2.silverseek.com Backing Out http://2.silverseek.com/commentary/backing-out-16919 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> News reports this week indicated that the Bank of Nova Scotia (ScotiaBank), Canada’s third largest bank, had put its precious metals operation, ScotiaMocatta, up for sale. Various sources said the unit had been for sale for a year or so and it was thought or hoped that Chinese interests might buy the business. It was also reported that the Bank of Nova Scotia would shrink the unit if no buyer could be found. The impetus for the sale was said to be a scandal involving smuggled gold from South America to the US. Somewhat ironic, and interesting, was that the sale “listing” agent was none other than JPMorgan. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Monday, October 23rd</span> </div> </div> </div> <p class="MsoNormal" style="text-align: justify; margin: 0in 0in 0pt; mso-line-height-alt: 1.0pt;"><span style="font-size: 14pt; color: #000000;"><span style="font-family: Verdana,Arial,Helvetica,sans-serif;"><span style="font-size: small;">News reports this week indicated that the Bank of Nova Scotia (ScotiaBank), Canada’s third largest bank, had put its precious metals operation, ScotiaMocatta, up for sale. Various sources said the unit had been for sale for a year or so and it was thought or hoped that Chinese interests might buy the business.</span></span></span></p><p><a href="http://2.silverseek.com/commentary/backing-out-16919" target="_blank">read more</a></p> Mon, 23 Oct 2017 17:09:28 +0000 Theodore Butler 16919 at http://2.silverseek.com Thoughtful Disagreement http://2.silverseek.com/commentary/thoughtful-disagreement-16878 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> I caught a good interview by Charlie Rose on Bloomberg TV the other night of Ray Dalio, founder and head of Bridgewater Associates, the world’s largest hedge fund with some $150 billion in assets under management. Dalio has been making the rounds recently in promoting his new book, “Principles”, in which he lays out his beliefs for the investment business and the business of life. Now in book form, Dalio previously offered his work for free and which was downloaded more than three million times. For very good reason, when Dalio speaks, he is listened to even more than EF Hutton. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Monday, October 2nd</span> </div> </div> </div> <p class="MsoNormal" style="text-align: justify; margin: 0in 0in 0pt;"><span style="font-size: 10pt; font-family: 'Verdana',sans-serif; line-height: 107%; color: #000000;">I caught a good interview by Charlie Rose on Bloomberg TV the other night of Ray Dalio, founder and head of Bridgewater Associates, the world’s largest hedge fund with some $150 billion in assets under management. Dalio has been making the rounds recently in promoting his new book, “Principles”, in which he lays out his beliefs for the investment business and the business of life.</span></p><p><a href="http://2.silverseek.com/commentary/thoughtful-disagreement-16878" target="_blank">read more</a></p> Mon, 02 Oct 2017 13:16:02 +0000 Theodore Butler 16878 at http://2.silverseek.com Interview with Jim Cook http://2.silverseek.com/commentary/interview-jim-cook-16871 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Here’s a recent interview I did with Jim Cook, President of Investment Rarities, Inc., for whom I’ve consulted for more than 17 years (where did the time go?). It’s gotten to the point where about the only interviews I do are with Cook, but that’s not due to our long relationship. Rather, it’s because he comes prepared and wastes no words, making my role easy. With Cook, it’s always about getting to the heart of the matter, with the least amount of fluff as required. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, September 28th</span> </div> </div> </div> <p class="MsoNormal" style="text-align: justify; margin: 0in 0in 0pt;"><span style="font-size: 10pt; font-family: 'Verdana',sans-serif; line-height: 107%; color: #000000;">Here’s a recent interview I did with Jim Cook, President of Investment Rarities, Inc., for whom I’ve consulted for more than 17 years (where did the time go?). It’s gotten to the point where about the only interviews I do are with Cook, but that’s not due to our long relationship. Rather, it’s because he comes prepared and wastes no words, making my role easy.</span></p><p><a href="http://2.silverseek.com/commentary/interview-jim-cook-16871" target="_blank">read more</a></p> Thu, 28 Sep 2017 13:32:16 +0000 Theodore Butler 16871 at http://2.silverseek.com Eight Crooks Against The World http://2.silverseek.com/commentary/eight-crooks-against-world-16846 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> I’d like to share what may be a different way of looking at the gold and silver market, but still remain focused on what has been the primary driver of price – changes in the COMEX futures market structure. It has become fairly common knowledge that prices rise when the managed money traders buy and prices fall when these traders sell. So great is the effect on price of this COMEX derivatives positioning that it is discussed in more commentaries than ever before. And that is due to what has become a clearly observable pattern of cause and price effect. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, September 8th</span> </div> </div> </div> <p class="MsoNormal" style="margin: 0in 0in 8pt;"><span style="font-size: 10pt; font-family: 'Verdana',sans-serif; line-height: 107%; color: #000000;">I’d like to share what may be a different way of looking at the gold and silver market, but still remain focused on what has been the primary driver of price – changes in the COMEX futures market structure. It has become fairly common knowledge that prices rise when the managed money traders buy and prices fall when these traders sell.</span></p><p><a href="http://2.silverseek.com/commentary/eight-crooks-against-world-16846" target="_blank">read more</a></p> Fri, 08 Sep 2017 14:10:29 +0000 Theodore Butler 16846 at http://2.silverseek.com The Key Test Ahead http://2.silverseek.com/commentary/key-test-ahead-16791 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Before getting into the subject of today’s title, allow me to update a couple of topics previously discussed. Last Wednesday, I offered a review of world silver inventories in which I concluded that there were roughly one billion oz in fully documented inventories of metal in industry standard 1000 oz bars and perhaps another 500 million to one billion additional oz in unverified holdings; making a grand total of 1.5 to 2 billion oz for world silver inventories in, essentially, the only form that matters. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, August 4th</span> </div> </div> </div> <p class="MsoNormal"><span style="font-size: 10pt; line-height: 107%; font-family: 'Verdana','sans-serif'; color: #000000;">Before getting into the subject of today’s title, allow me to update a couple of topics previously discussed.</span></p><p><a href="http://2.silverseek.com/commentary/key-test-ahead-16791" target="_blank">read more</a></p> Fri, 04 Aug 2017 13:15:54 +0000 Theodore Butler 16791 at http://2.silverseek.com A Rigged Game http://2.silverseek.com/commentary/rigged-game-16689 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> What would you say if I told you that a batter had hit 1.000 for an entire season? Or that a pitcher threw no-hitters every time he played a game? I’m pretty sure you would say that’s impossible or that something was definitely wrong. And, of course, you would be correct – somethings are too impossible or outlandish to be true. Not just in baseball, but there are limits in almost every endeavor. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, June 22nd</span> </div> </div> </div> <p class="MsoNormal"><span style="font-size: small; line-height: 107%; color: #000000;">76 years ago, “Joltin’ Joe” DiMaggio was in the middle of the hitting streak of streaks that would come to 56 consecutive games and which has remained a major league baseball record to this day. That season (1941), the Yankee Clipper would bat .408 during the epic streak or more than 4 hits for every 10 at bats. Ted Williams, of the Boston Red Sox, had the highest batting average in 1941, hitting .406 for the entire season. </span></p><p><a href="http://2.silverseek.com/commentary/rigged-game-16689" target="_blank">read more</a></p> Thu, 22 Jun 2017 14:03:36 +0000 Theodore Butler 16689 at http://2.silverseek.com Surprise CFTC Announcement http://2.silverseek.com/commentary/surprise-cftc-announcement-16665 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> I was shocked by Friday’s announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall Street Journal, but all those accounts were somewhat off target compared to the CFTC announcement itself. This was one of those rare cases where the source announcement was much clearer than the articles describing it. I would ask you to take the time to read and reread the actual announcement from the CFTC, including both the press release itself and the complete order. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Monday, June 5th</span> </div> </div> </div> <p class="MsoNormal" style="margin: 0in 0in 8pt;"><span style="line-height: 107%; font-family: 'Verdana','sans-serif'; font-size: 10pt; color: #000000;">I was shocked by Friday’s announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall Street Journal, but all those accounts were somewhat off target compared to the CFTC announcement itself.</span></p><p><a href="http://2.silverseek.com/commentary/surprise-cftc-announcement-16665" target="_blank">read more</a></p> Mon, 05 Jun 2017 13:36:02 +0000 Theodore Butler 16665 at http://2.silverseek.com