Silver's "Poor Fundamentals" Refuted!
By: Jason Hommel, Silver Stock Report | 29 April, 2008
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| Silver does not have gold's fundamentals, silver's are much better. With industry consuming more silver than is mined each year, any slight increase in investor demand for silver will continue to drive silver's prices upwards, and make a mockery of all of wall street and all they do and all they have to offer. Full Story |
Hyperinflation is making Gold Soar!
By: Jason Hommel, Silver Stock Report | 6 April, 2008
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| Life is unfair. We are all being tested, all the time, on things that "are not on the curriculum" that nobody may have taught us. How unfair! Often we are tested on things that we have no way of knowing! Scary, but true. But the sooner we realize those facts of life, the better off we will be! Full Story |
I Don't Trade Futures
By: Jason Hommel, Silver Stock Report | 5 April, 2008
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| That's the trouble with futures and options; you are trying to invest and control what you don't own. You are not taking dominion over what you have, you are trying to take dominion over what another has. Full Story |
Perth Mint and Kitco Scheme Exposed
By: Jason Hommel, Silver Stock Report | 26 March, 2008
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| I believe, but cannnot prove, that Kitco is short of bullion owed to their own customers in their pool account, and this would explain why they publish the anti-gold articles that they do. If you own precious metal in a pool account or certificate form with anyone, Kitco, Perth, Monex, Goldline, any Major Bank or Brokerage, or anyone else, I think you would be wise to cash out, and get real silver somewhere else, even if you have to pay extra fees to do so. Full Story |
NorthWest Territorial Mint Says They Have Silver
By: Jason Hommel, Silver Stock Report | 25 March, 2008
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| I spoke on the phone with Ross Hansen for about 45 minutes today. Apparently, I've slandered his business because I don't know what I'm talking about with regard to his total silver inventories, because he said he does have more ounces of silver that he's paid for that is at other locations, such as Johnson Matthey holding about 70,000 ounces for him, that he simply needs to go and pick up with a rented armored truck for about $3000. (As you all know, I advise against having other people hold your silver for you.) Full Story |
Silver Market Structure: Shortages And Sources
By: Jason Hommel, Silver Stock Report | 25 March, 2008
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| My recent reports on the Silver Shortages at Coin Shops and major dealers have been popular, and widely re-posted. Misunderstandings and questions are more abundant than my ability to answer them all individually; but most could be answered if only people and coin shop owners only understood the basic market structure of silver, and did a little bit of thinking for about 5 minutes, and then a bit of math on the numbers, so let's start with the numbers, as reported by the CPM Group and Silverinstitute. Full Story |
Silver Shortage gets Worse, Price Drops Again!
By: Jason Hommel, Silver Stock Report | 21 March, 2008
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| Three more major silver dealers are reported to be out of silver today: The U.S. Mint, Kitco, and Monex. This, on top of the major dealers yesterday, Amark, Perth Mint, CNI Numismatics, and APMEX, all reported sold out. Further, nearly all of Canada is reported to be out of silver, from Vancouver to Toronto. Full Story |
Silver Shortage: 19 dealers reported "Sold Out"
By: Jason Hommel, Silver Stock Report | 20 March, 2008
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| Since my email earlier tonight, where I reported that 5-6 major silver dealers (Amark, Tulving, 2 in Vancouver, my local dealer, NWT Mint) are "out of inventory", 13 more reports came in, saying that the dealers were out of silver inventory. Some of these names are big names in the business, Scotia bank, the Perth Mint in Australia, CNI Numismatics in LA, APMEX says they have some items, but are looking to buy. Full Story |
Guess who is running low on Silver!
By: Jason Hommel, Silver Stock Report | 19 March, 2008
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| I've heard that 4 major coin shops on the West Coast of North America were out of 100 oz. bars yesterday; Amark, the largest distributor for Johnson Matthey in the nation, and Tulving, and two dealers in Vancouver. If you include NWT Mint's delivery delays, that's 5. Anoter man emails to tells me that a coin shop in Surrecy, BC is sold out of 1 oz. Silver Coins, and that their phones are ringing off the wall for orders and they can't fill orders for lack of silver. Full Story |
The Financial Dominoes are Falling
By: Jason Hommel, Silver Stock Report | 17 March, 2008
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| This is why you need silver and gold. They cannot go bankrupt. They cannot go to zero value. Their value does not depend on another's promise to pay. Silver and gold are not promises, they are payment in full. Full Story |
Why Silver is better than Oil as an Investment
By: Jason Hommel, Silver Stock Report | 15 March, 2008
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| There is a 40-year supply of oil in the ground. There is a 14-year supply of silver in the ground. Therefore, silver is the better investment. If "peak oil" is true, then every peak oil nutcase out there ought to be several times more worried about "peak silver", since silver reserves will run out sooner. Full Story |
Are You Smart Enough To Do Compound Interest?
By: Jason Hommel, Silver Stock Report | 14 March, 2008
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| Everyone else out there is writing about how gold topped $1000/oz. Bor-ring! Besides, you don't need me to tell you that. How about some real insight into the gold and silver market? Here it is, if you can understand it. Full Story |
Short Squeeze in Silver!
By: Jason Hommel, Silver Stock Report | 3 March, 2008
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| The silver shorts, who have been one of the key forces capping the price of silver ever since 1980, are buying back the silver they sold, the silver that they don't have, the silver that may not exist, and they are buying "contracts for it" from people who might not have it either, in a rising market, because the shorts have begun to panic. Full Story |
How to Get Into Silver, for Billionaires
By: Jason Hommel, Silver Stock Report | 28 February, 2008
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| According to Forbes, there are only about 900 billionaires. However, there are also hundreds, if not thousands, of funds with many billions of dollars under management. There are also many companies with many billions of dollars in "cash"; and they might not know what to do with it. This article is for all the billionaires in the world. Full Story |
Breakout! Buy Silver Stocks Now!
By: Jason Hommel, Silver Stock Report | 21 February, 2008
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| This afternoon, gold moved up $30/oz. to a new high of $947/oz., silver moved up $.75/oz. to hit a new high of $17.96/oz. Palladium moved up to a new high of $501/oz., which seems to be catching up to platinum at $2143/oz, which hit its new high yesterday. This is a fantastic breakout of all 4 precious metals! Full Story |
Why I Could Never be a Paid Shill for the Feds
By: Jason Hommel, Silver Stock Report | 15 February, 2008
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| Yes, the U.S. financial system is perfectly fine. There is no risk of financial collapse, nor any need to worry about any dollar decline, since the people trust the U.S. more than any other system, and any other thing. Full Story |
There is no Silver Surplus
By: Jason Hommel, Silver Stock Report | 29 January, 2008
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| Surplus silver, if this is an accounting term, means that it is describing the action of silver investors who are buying that silver. It does not lay around unwanted. In fact, it could rather be said to be that that sector of silver action is where the silver is most wanted of all. Full Story |
Overview: Hang in there!
By: Jason Hommel, Silver Stock Report | 24 January, 2008
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| We feel so fortunate to be sitting on exploration, development and mining stocks that have recently lost only about 35%. Yes, some lost more, but that's about our recent average. Besides, I find it difficult to complain about a 35% dip, after having made about 1000% over the last few years, and especially not while I see those kinds of gains ahead, too. Full Story |
Silver Shipping Costs
By: Jason Hommel, Silver Stock Report | 18 January, 2008
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| It is often said by academics and economists that silver is so much less valuable than gold, because it is so much more bulky for an equal value of gold, and thus, it costs more to handle and ship, which, in turn, makes it less valuable than gold. It's a circular argument that doesn't make much sense. Yes, I can see the argument, but it fails in reality. Full Story |
Silver: There's Never Enough!
By: Jason Hommel, Silver Stock Report | 16 January, 2008
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| There's more than enough silver for everyone as long as everyone is willing to value silver as highly as I value my silver. And I think that silver is rare, and likely to become scarce in the event of increasing investor demand, which I take as a given! Full Story |
Silver: Questions and Answers
By: Jason Hommel, Silver Stock Report | 10 January, 2008
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| I prefer 100 oz. bars, because they are easiest for me to count, and stack. But really, just get the most silver for the least money. About $.50 over spot is an excellent price, but in a fast rising market that is moving $.50/day, about $1 over spot may be more realistic. Full Story |
Silver Keeping Pace with Gold; Set to Outpace Gold
By: Jason Hommel, Silver Stock Report | 9 January, 2008
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| As silver moves from $16/oz. to $408/oz., which is literally guaranteed by historical ratios and historical inflation measures, and insured by the silver scarcity, many people will make well over 2500% (as denominated in dollars) on their silver investment. Over what time frame? Who can say? I expect annual returns to average about 50% until that final goal is reached. Full Story |
How I Pick Stocks
By: Jason Hommel | 15 October, 2007
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| I invest. How and Why? I have to be convinced that a stock is good, and every stock I hold, I have purchased with my own money; either on the open market, or in private placements. (Most have been bought in the open market.) I can't be bought (with a bribe); I have to be sold (on the merits). Full Story |
Excellent Market Opportunities
By: Jason Hommel, Silver Stock Report | 17 August, 2007
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| I do not sell out of the sector; I never have, not in 7 years. I trade, but only to trade one stock for another, never holding more than about 5% in cash. The reason is because I can never predict these short term moves. Tomorrow, things could go up 10%, across the board in the metals stocks, who knows. Full Story |
$8000 Silver in 15 Years
By: Jason Hommel and Maurice Rosen | 2 August, 2007
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| LAST YEAR I INTERVIEWED JAMES TURK who talked about $8,000 gold. Now, I present you with a bizarre forecast of $8,000 silver. What's going on here? We'll have to read Jason Hommel's reasoning to find out, but I'll tell you upfront he's from the School of Hyperinflation Forecasting, not an especially enviable place to have learned how to manage one's money or to forecast the economy since the 1980s. Full Story |
The Tiny Size of the Gold Market
By: Jason Hommel | 6 June, 2007
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| One of the reasons that big money managers, and the world's wealthiest people, don't understand gold, and silver, is that human beings, even very, very smart people, just do not understand very large numbers, nor relative size. Full Story |
Why Silver will Soar
By: Jason Hommel | 23 May, 2007
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| If the wider public became aware of the silver fundamentals, net silver investment would be much higher, and so would silver prices. With a market this tight, and the world this unaware, the silver price will probably rise much higher than anyone can predict. Full Story |
Why Silver will Soar above $230/oz.
By: Jason Hommel | 14 May, 2007
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| The amount of money in U.S. banks, M3, is about $12 trillion. Net silver demand was 60 million ounces at about $11/oz., or $660 million dollars. So, the money that is going into silver to protect itself from inflation is equivalent to 0.00005% ($660 million out of $12,000,000 million!) of what could be spent on silver, in the U.S. alone. So, I think a ridiculously tiny amount of paper dollars has shifted into silver, so far. Full Story |
How to Buy Silver, & Avoid Getting Scammed
By: Jason Hommel | 21 April, 2007
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| People continually ask me about all kinds of physical silver investments. I have avoided writing this article for years because people are always telling me to not say anything bad about anyone, or your competition. But I don't need to name names, and liars are not my competitors. So, here's how to avoid getting ripped off. Full Story |
How to Fix Gold Price Fixing
By: Jason Hommel | 9 April, 2007
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| What I have outlined above is actually a trading guide for any large trader, whether a state government, national government, or even a fund, who would be a market mover and who could move the precious metals markets against themselves. It's how to set bids and asks, in such a way as to maximize profits. Many precious metals dealers already trade in a similar way. Full Story |
Why Silver's Ready to Double in a Year
By: Jason Hommel | 25 March, 2007
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| First, here's the silver story in a nutshell. Silver is money, the only true money of the masses, the people. Gold is for kings. Silver is for change, and is the "workhorse" money. Silver has been consumed by industry. The world is running out of silver; industry consumes more than the mines produce. There's no room for any investment demand to enter the silver market without driving the price sky high. We've just begun to see a little bit of investment demand. Full Story |
How low can gold go? $587/oz!
By: Jason Hommel | 21 February, 2007
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| Today, gold moved up by $23/oz., and was up by about 3.5% in nearly all currencies. Does this mean that now is a risky time to buy gold? Well, I think you have to look at the potential upside gains verses the downside risk. Full Story |
Silver is Untaxable!
By: Jason Hommel | 15 February, 2007
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| I would like to discuss the various possible tax benefits of owning silver; benefits that may exist world wide. Silver, which is true wealth, is not inherently taxable! Incomes, and capital gains, and real estate, are taxed, but not silver. Why is this? Full Story |
The Blessing and Curse of Flow-Through Shares
By: Jason Hommel | 5 December, 2006
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| If there are forces in the world that make silver prices too low; that is both a blessing and a curse. It is a blessing, of course, if you recognize it, and if you act on what you know, and become a buyer of silver. It is a curse, of course, if you don't recognize it, and if you are an owner, or a seller of silver. Full Story |
I'm Positive we'll Prosper with Silver
By: Jason Hommel | 5 November, 2006
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| The gold world seems to be filled with pessimists. One of the main concerns of investors at the recent Chicago show and at the Silver Summit in Idaho, was along the lines of: How will society fare during the coming economic crash? Will there be food in stores? Will the government collapse? How will people trade if paper money fails? Will all stocks become worthless, even mining stocks? Full Story |
How to Use Silver as Money
By: Jason Hommel | 5 October, 2006
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| It's common sense that we ought to use just weights and measures in our exchanges, in commerce. Silver is honest money, but why don't silver coins circulate? Are all of us really that dishonest? What is the real issue here? Full Story |
Silver Summit Speech
By: Jason Hommel | 27 September, 2006
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| Everyone here should have at least $5000 worth of silver. Therefore, I strongly urge you to go to your local coin shop, and clean them out. The coin shop may have only $5000 to $50,000 worth of silver on hand, and most investors here can easily buy all they have. Go to the bank, get your cash, and get your silver. And get a safe at Wal-Mart, and bolt it to your garage floor, or put it in your closet. Full Story |
Silver Price Manipulation 101
By: Jason Hommel | 16 September, 2006
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| In the past, Ted and others have alleged that if the big bullion dealers lose money, or make money, while trading gold and silver, then they are manipulating the market, and "picking the pockets" of other traders. And now, if they don't even trade at all, it's manipulation? Nonsense! If a big trader makes money, or loses money, or moves the market, that is not manipulation. I know, because I am a big trader, sometimes I make money, and sometimes I lose money, and I move the market with articles. That's free speech; not oppression & manipulation. And I'm free to trade as I like under capitalism. Full Story |
Wikipedia is Increasing Knowledge
By: Jason Hommel | 18 August, 2006
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| I was often bored as a kid, and sometimes I read the encyclopedia for fun. My mom got us the World Book, from 1976, and much later, we got a new $1000 Britannica! One of the most exciting CD's I got in 1997 with my new Gateway Computer was an encyclopedia--and it was so much better, because articles linked to each other, which was so much faster than flipping pages manually! Later, I read on the internet about how the encyclopedia Britannica was drastically changed starting about 1913, and that you could order CD's of the "original" Britannica online. I never did. Full Story |
The Silver Show in Idaho
By: Jason Hommel, Silver Stock Report | 15 August, 2006
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| I encourage you to register for The Silver Summit this year in Idaho. It will be the best mining conference of the year. It will be much bigger than last year as it will be held in Coeur d Alene, Idaho. Most of the silver mining companies will attend. I will attend, and give two speeches: one during the main event, and one on Sunday morning covering the religious points on silver. Full Story |
America: Freedom to Fascism
By: Jason Hommel, Silver Stock Report | 3 August, 2006
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| A movie came out this last weekend in ten theaters that is receiving many A+ reviews from Yahoo users. It opened to a standing ovation at the Cannes Film Festival a few months ago. This movie will be especially loved by gold and silver investors, who have sent me hundreds of emails about it in the past few months. Full Story |
Corrections
By: Jason Hommel, Silver Stock Report | 18 May, 2006
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| The word "correction" is the wrong word to use to describe a dip, or pause, in the gold price. The correct direction for gold to move is up. It's the dollar that is "correcting" down. People who write things such as "gold is going to go down hard and fast, because markets move up more slowly than they move down" are just wrong. The gold price chart is merely a ratio chart between the dollar and gold, and the dollar can move down faster than anything, which means that nothing goes up as fast as gold. Full Story |
Buffett Sold Silver; NY Times Covers Gold!
By: Jason Hommel, Silver Stock Report | 7 May, 2006
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| This is very bullish for silver, because it explains why silver's rise took longer than we thought (Warren was selling), and it also means that there is much less silver above ground than we thought. Buffett's hoard of 130 million ounces no longer exists! Clearly, Warren made a mistake, and he seems to admit it when he says that he sold silver too soon. I always suspected that Warren did not understand gold or silver too well. Full Story |
Silver ETF & Bolivia Confiscation
By: Jason Hommel, Silver Stock Report | 2 May, 2006
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| I do not personally recommend that small, individual investors buy the Silver ETF. I personally believe it is safer to own your own physical silver bullion, which you should own in case of brokerage house default, or if the markets simply stop trading for a year due to war or market meltdown. I believe the ETF is primarily for large institutional investors, who simply cannot personally move very large quantities of silver bullion that they would like to buy for investment purposes. If the price of silver stabilizes in about a month (or if market defaults on futures contracts do not take place), the Silver ETF may also be useful for large trading accounts such as IRA accounts, where it may be useful to trade into silver, instead of cash, to hold while deciding what other silver stocks to buy. Full Story |
Silver ETF Approved!
By: Jason Hommel, Silver Stock Report | 27 April, 2006
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| The SEC has Cleared the Barclays Silver ETF (Exchange Traded Fund). The ETF will allow investors to buy silver as easily as they buy stocks, and the trading symbol on the AMEX should be SLV, and could start trading as early as tomorrow, or by the end of next week. Full Story |
Confiscation
By: Jason Hommel, Silver Stock Report | 14 April, 2006
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| Confiscation fears are understandable. Although silver that you own is default free, and cannot go to zero value... there is only one remaining problem: it can be stolen by thieves, or government. This is the age-old problem of being wealthy, you have to protect your wealth. Full Story |
Silver Coin Proposal
By: Jason Hommel | 2 March, 2006
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| At GATA's Gold Rush 21 Conference, held in the fall of 2005, precious metal advocates discussed strategies to promote gold and silver. (See goldrush21.com.) Among the best silver money ideas are Hugo Salinas Price's silver coin movement in Mexico, the Liberty Dollar, and New Hampshire's Silver Coin ballot measure, but none of these, I feel are ideal. From what I have learned about the importance of using honest weights and measures as taught in the Bible, (unjust weights and measures being described as abominations) I have developed this Silver Coin Proposal. Full Story |
The Money Chart
By: Jason Hommel, Silver Stock Report | 28 February, 2006
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| I believe in 1980, the total market cap of all gold stocks was $1 trillion, and the total market cap of all NYSE stocks was $1 trillion. Today, the figures are about $110 billion for gold stocks, and $21 trillion for NYSE stocks. It's going to be a great decade for gold, and especially silver investors. Full Story |
The Silver ETF: What's the deal?
By: Jason Hommel | 23 February, 2006
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| Will the SEC approve the ETF? I think so. The reason is that since the gold ETF's were approved, there is little legal justification for a denial. Without legal grounds upon which to base a denial, how can the SEC deny it? The Silver User's Association's plea contained no legal basis for a denial, just a whining anti-free-market hypocritical, self-serving, short-sighted, wrong-headed, rant. Full Story |
Silver, Gold, Copper & Zinc all Soaring!
By: Jason Hommel, Silver Stock Report | 26 January, 2006
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| And I still have yet to share with you the most bullish news of all in the silver market! I have long been telling you about the silver shortage feared by the silver users, announced ever since the SUA has asked the SEC to deny the proposed Barclay's Silver ETF, or Exchange Traded Fund, which will make it easy to buy silver in a trading account, just like a stock. Full Story |
Wait for a Correction?
By: Jason Hommel, Silver Stock Report | 14 December, 2005
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| It is rather easy to manipulate the paper price of silver, temporarily: Simply offer promises to deliver silver. That's it. That's all it takes. The hard part comes later, when delivery dates come due. This is why manipulation cannot work in the long run, when there is a shortage of physical silver. This type of manipulation is bothersome, but it also offers the opportunity: cheap silver! Full Story |
Silver ETF Update - 300 One-Ounce Silver Coins Up for Grabs
By: Jason Hommel, Silver Stock Report | 1 December, 2005
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| Part of what has created the silver shortage today, was the unfair treatment of the Hunts in 1980, specifically, the rule changes that have favored short sellers in the futures markets ever since. This has discouraged investing in silver bullion (prudent stockpiling) for an entire generation! I believe that if men are free, it is impossible for there to be any such thing as a long side manipulation. After all, if it's your money, then you should be free to buy whatever you want with your money, as that is the definition of freedom. You ought to be especially free to own money, real silver money, with your money. It seems rather basic to me--but I wonder why a generation has forgotten these things. Full Story |
-- Gold, Copper, Silver News!
By: Jason Hommel, Silver Stock Report | 22 November, 2005
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| The Silver User's Association claims that the proposed Silver Exchanged Traded Fund, which needs 130 million ounces of silver, will cause a silver shortage. This is about $1 billion worth of silver, a tiny sum in financial terms. This means that silver will likely go up in price, as investors love a shortage, which, itself can cause higher prices. Add investor demand to the mix, and silver prices will soon head much, much higher. Full Story |
Silver Users Fear Silver Shortage
By: Jason Hommel | 26 October, 2005
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| The Silver Users Association (SUA), a group devoted to the conflicting goals of keeping silver prices low and keeping silver available for users, stunned the silver investing community last month by repeating the claims made by silver investors and analysts that the silver market is very tight and that any significant investor demand will create a shortage of silver. Full Story |
The Death of the Dollar
By: Jason Hommel | 18 March, 2005
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| Germany's hyperinflation in the 1930's took about a year and a half. Recently, Argentina's took place nearly overnight. Who knows which way the dollar will die, whether a quick death, or a more slow and painful one? Full Story |
Silver Stock Report for October 29, 2004
By: Jason Hommel, Gold Is Money | 1 November, 2004
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| I expect the silver price to rise substantially, moving up in value by about 300 times. In such a market, you should simply buy and hold. However, you can still trade, which I do, as I will buy one silver stock after selling another silver stock, and thus, maintain my full exposure to rising silver prices. Full Story |
Liquidity (Advanced Trading Concept)
By: Jason Hommel, Silver Stock Report | 16 October, 2004
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| Some people are scared to invest in silver stocks due to the lack of liquidity. I'm not. The reason is that I strongly believe in the fundamentals of silver, and I know that these fundamentals of silver are not well known. I understand that the world is largely deceived as to these fundamentals about silver, and thus, I'm confident that the world will catch up and perceive reality as it is, soon enough. Full Story |
Silver Stock Report #52
By: Jason Hommel, Gold Is Money | 2 October, 2004
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| --Updates on 13 silver stocks --Interest rates & compound interest --There is a limit to real growth --Why interst rates must rise --Why the bond market must crash --A guest commentary by earl morris Full Story |
Silver Stocks -- Comparative Valuations Weekly Report #49
By: Jason Hommel, Gold Is Money | 6 September, 2004
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| --Updates on 8 silver stocks. --A few comments on a few articles on silver. --The Sons of Gwalia went bankrupt--the biggest gold news of the last 30 years! --Jim Sinclair, what is he thinking? --I'm offering silver in every transaction, as a testimony! --PAAS, should have bought silver long ago... --My comments on SSRI this week. --A hot new silver stock compares favorably: Capstone Gold! Full Story |
Silver Stocks -- Comparative Valuations Weekly Report #48
By: Jason Hommel, Gold Is Money | 29 August, 2004
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| --Updates on 6 silver stocks. --My commentary on the Sprott "gold manipulation" report. --Silver miners compete with the banks! --My commentary on Paul Van Eden on silver --Scriptures supporting gold and silver as money, and against paper money. --And explanations of scriptures on money that are often misunderstood. --Alan Greenspan's idea of a "gold standard" is really a "paper standard". --How the manipulation affects us, and how we can benefit! Full Story |
Silver Stocks -- Comparative Valuations Weekly Report #47
By: Jason Hommel, Gold Is Money | 23 August, 2004
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| --Updates on 8 silver stocks. --Money creation is at 8.6% for first 6 months of 2004! --How will the world return to using gold and silver coin as money? --Regulation of derivatives runs counter to the 4th Amendment. --But public companies should disclose the nature of their contracts! --Are the rich getting richer, and is that good or bad? --I know a hot new silver stock to buy, do you?! --Register for my upcoming conference call on Aug 27th Full Story |
Silver Stocks--Comparative Valuations Weekly Report #46
By: Jason Hommel, Gold Is Money | 15 August, 2004
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| --Updates on 6 silver stocks. --9 guidelines on how to trade the silver stocks. --8 silver stocks that are on a severe price dip. --How European investors might avoid the 17% VAT on silver! --Updated contact emails for many of the company profiles. --How to study the sentiment of the gold and silver markets! --Register for my upcoming conference call on Aug 27th http://www.anglofareast.com/teleconference.html Full Story |
Silver Stocks - Comparative Valuations, Weekly Report #45
By: Jason Hommel, Gold Is Money | 7 August, 2004
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| --Many junior silver stocks with large resources were up this week. --You may have heard me on the radio, with Victor Adair in Canada --You can hear me in an upcoming teleconference call later this month. --Thou shalt not fear silver confiscation! --How do they deceive people with multi-millions of dollars? --Silver cannot be patented or copyrighted. Understand your investment! --Please copy and share my articles... --Start with buying silver bullion first! --David Morgan... you ought to know who he is if you are a silver investor. --And more! Full Story |
Silver vs. Gold
By: Jason Hommel | 6 August, 2004
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| Why is gold useful, and why is it particularly useful as money? Gold is valuable & portable because it’s rare & not easily counterfeited. Gold is fungible & exchangeable because every bit of .999 fine gold is similar enough to be like another. Gold does not rust as it’s imperishable. These properties make gold a good store of value, a medium of exchange, and a unit of account. Therefore, gold is easily tradable with a narrow spread, meaning it has a small price between the bid and ask—the prices to buy and sell. Gold is therefore the ultimate liquid asset, a luxury, and is why gold is money. Full Story |
Silver Stocks--Comparative Valuations Weekly Report #44
By: Jason Hommel, Gold Is Money | 1 August, 2004
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| --Updates on 7 silver stocks --Why silver is money, and why the price will skyrocket --I refute Ayn Rand's support of copyright and patents (Ayn Rand is the author of "Capitalism: The Unknown Ideal") Full Story |
Silver Stocks -- Comparative Valuations Weekly Report #43
By: Jason Hommel, Gold Is Money | 24 July, 2004
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| --updates on 13 silver stocks --my commentary on the nature of gold; it resists copyright --why housing is so expensive compared to cheap silver --why manipulators must lose control of the silver price Full Story |
Silver Stocks -- Comparative Valuations Weekly Report #42
By: Jason Hommel, Gold Is Money | 10 July, 2004
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| --More user-friendly report. Click the company name in the summary, and you will be taken right to the company profile. --I clarify my methodology. --25 Reasons why the Sound Money Bill Must Be Supported --The Politics of our Fraudulent Monetary System: Are you Voting for it? --The Russian run on the banks! --What silver stocks are over 50% off their highs? I list them for you! --Copper in shortage. It's communism! Full Story |
Silver Stocks - Comparative Valuations Weekly Report #41
By: Jason Hommel, Gold Is Money | 5 July, 2004
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| --Fifteen company profiles are updated this week. --Hear me on the radio on the Korelin Report! --The penny will soon cost more than a penny to make! --Overvalued Housing, Bonds & Stocks --Doug Casey tells the silver story very well. --I sold some silver, but only because I use it as money. Full Story |
Silver Stocks -- Comparative Valuations Weekly Report #40
By: Jason Hommel, Gold Is Money | 27 June, 2004
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| In general, the silver stocks seemed quiet this week. It seems as if we are in the calm before the storm of rising prices. I say this because I feel investor interest is low, and I have two reasons to back this up. First, emails to me are less than usual, and the signups are down. Second, open interest is down. And yet, we have rising prices, at $6.10, and many of the silver stocks slightly outperformed silver in the last week. -------------------- About six months ago, I calculated the total market cap of the silver stocks on this list at about $7 billion. Today, 6 months later, it's about 8 billion. Full Story |
Silver Stocks -- Comparative Valuations Weekly Report #39
By: Jason Hommel, Gold Is Money | 21 June, 2004
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| So, here are the two most bullish factors affecting silver. 1. The world has nearly run out of silver. 2. The nations of the world have printed up nearly unlimited amounts of unbacked paper money. Put together, these two factors have never occurred before in the history of mankind. Full Story |
I'm Insanely Bullish on Silver
By: Jason Hommel, Gold Is Money | 19 June, 2004
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| Given that the world is almost out of above ground refined silver, a permanant major price rise could happen at any time. The two silver surveys estimate there is about 200 million ounces to 600 million ounces of silver in known verifiable locations. At the COMEX, as of close of business: 06/18/2004, there are 45.8 mil oz. registered for delivery, and 71.9 million oz. Eligible. However, the silver in either category may be held by long term investors, who may be reading this very commentary, and who may not sell until much higher prices. Silver is coming to market, uneconomically, through three main sources: 1. As a byproduct of other mining, and 2. as people inherit silver and then sell it for the quick cash, and 3. as governments and bullion banks dump it. These supplies are meeting current demand. Literally, however, at $6/oz., a billion dollars cannot buy silver anymore. By the time a billionaire tried to buy silver bullion with a billion dollars, the price may be pushed up to about $40/oz. At $6/oz, a billion dollars is 167 million ounces. There is just not that much silver for sale at $6/oz. in the world today. If a billionaire was willing to pay any price to obtain "a billion dollars of silver", and if he found out that he could only obtain 25 million ounces, he might bid the price up to $40/oz.! Therefore, a major price rise can happen at any time one very wealthy person decides to buy. Full Story |
Silver Stocks--Comparative Valuations Weekly Report #38
By: Jason Hommel, Gold Is Money | 12 June, 2004
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| --I'll be speaking several times at the Vancouver gold show, see www.goldshow.ca --The world remembers Ronald Reagan. --I have a recommendation on a good safe company. --Updated profiles on 7 silver companies. Full Story |
Silver Stocks -- Comparative Valuations Weekly Report # 37
By: Jason Hommel, Gold Is Money | 6 June, 2004
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| --My many reports and observations from the NY Gold show. --How much silver is left in the world? --I list four silver companies that are now are stockpiling silver bullion! --A major newsletter writer, Bill Bonner, is growing bullish on silver! --I address and refute accusations that I'm a "pump and dumper". --And more silver news. Full Story |
Silver Stocks--Comparative Valuations, Weekly Report #36
By: Jason Hommel, Gold Is Money | 31 May, 2004
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| This last week showed mixed results for silver stock investors over silver bullion. In relation to silver bullion, 13 silver stocks were up, of the 31 stocks on my first list. According to several indicators, retail investor sentiment for silver remains subdued since the decline from $8.40/oz. For example, open interest continues to decline. This means there are fewer silver futures contracts. Fewer people are interested in becoming "paper longs". And the silver price is rising off the recent bottom of $5.50/oz. Thus, dealers are covering their shorts at these "lower" prices. True, prices are lower than they just were at over $8/oz., but I suspect that a lot of these contracts are being covered at a loss from the high $4 to low $5 range. I would like to believe that a lot of silver investors have realized the immorality and futility of gambling in silver futures contracts, and have decided to become real strong longs who would buy physical silver instead. But, more likely, they have simply given up on silver for now; as they are more likely confused, running scared, or simply disgusted at their own losses. Full Story |
Silver Stocks - Comparative Valuations, Weekly Report # 35
By: Jason Hommel, Gold Is Money | 22 May, 2004
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| --Most silver stocks were up significantly this week! --Two key industry silver reports: both very bullish for silver, both neglect the potential monetary demand for silver, both have poor market reach beyond the silver investing world. --How will silver be valued after massive hyperinflation? --Silver shortage in Poland! --The next letter writing campaign begins: To the editor! Full Story |
Silver Stocks -- Comparative Valuations, Weekly Report #34
By: Jason Hommel, Gold Is Money | 15 May, 2004
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| --The CFTC responds to 500 complains about silver market manipulation. --I rip apart the CFTC lies. --How I first became interested in gold, at age 9. --Gresham's law will eventually reverse, as good money will drive out the bad. --Why oil is cheap, and why Barbara Boxer's concerns and remedies for the high price of gas are misguided. --I show you a great way to make big money by promoting silver. --The solution is gold and silver as money. So, support the New Hampshire bill! --I Refute the article, "Silver? No Thanks, We Got Lots" by Mark Taylor --And finally, this week's report covers over 114 silver stocks. Full Story |
Silver Stocks -- Comparative Valuations, Weekly Report # 33
By: Jason Hommel, Gold Is Money | 8 May, 2004
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| At the present time, there are quite a few mainstream commentators who are suggesting that if interest rates go up, it will be bad for gold and silver. I wonder if this story, repeated in the mainstream press, is responsible for the downturn in precious metals? It might, but if so, I strongly suspect this is the last time we will see these low prices for gold and silver. It's as if the full power of the press is now beginning to discredit gold and silver, so as to create an entry point for a very powerful and very wealthy buyer. Did you read in the last few weeks how the Rothschilds are quitting the gold fix? I believe this means they will no longer work to suppress the gold price, which I believe means they are likely ready to buy gold and silver for themselves. Full Story |
The Silver Bull Is Back!
By: Jason Hommel, Gold Is Money | 4 May, 2004
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| I believe this was a significant turning point for the silver market, and as such, I felt I had to send out this notice. I hope my readers did not miss today's great move. I hope that a very few of my readers were shaken out and discouraged by the recent manipulation of the silver price down to $6. Did you realize that the bullion banks are now covering their shorts, reducing their short positions, and are now increasing their long positions in silver at $6/oz., as can be seen in the COT reports? Full Story |
Silver Stocks -- Comparative Valuations Weekly Report #32
By: Jason Hommel, Gold Is Money | 1 May, 2004
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| Highlights of the report at the link above: --Several important bombshells for the bullion market: --"Black Gold" of the Phillipines! --The Rothschilds announcement to leave the fix! --What I learned at the Calgary Resource conference! Full Story |
Silver Update
By: Jason Hommel, Gold Is Money | 23 April, 2004
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| This week, I'm not producing an updated weekly report, because I'm headed to Calgary, and I will not have the 5-7 hours of time to go through each company by hand and do the math. But due to the drop in the price of silver, some people have wanted me to issue an emergency comment. So, here it is. I believe the lowered price is being driven by paper futures contracts, not physical supply. There has been no significantly bearish news for either gold or silver in the last week or so since the price drop began. There has been no major new supply of silver coming to market. Full Story |
Silver Stocks - Comparative Valuations, Weekly Report # 31
By: Jason Hommel, Gold Is Money | 20 April, 2004
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| This past week, silver has been volatile in price, yet, I am now more bullish on silver than ever. One of the reasons it is so important to avoid futures contracts is to be able to survive the wild changes in price. If you own physical silver, paid in full, you really do not need to care about the major price swings, because they cannot hurt you. You have not lost a single ounce of silver in your possession. If you own a futures contract, you get a margin call when prices go down, and you may end up having to pay more than you can afford, and thus, losing your entire investment. Volatility helps the shorts, in more ways than the obvious, which is that they MAY get a chance to cover when the prices go down. Volatility also serves the manipulators with another big purpose: to confuse and scare people away from investing in silver. People do not understand why big price swings will occur, and thus, they will be more likely to say to themselves, "I do not understand silver, and thus, I will not invest in what I do not understand." The other way volatility scares people away from silver, is that it makes silver seem "unreliable", or "untrustworthy". After all, how can you plan on what your silver should be worth if the price is rapidly moving all over the place? But the real truth is that silver is reliable and trustworthy, as is gold. It is paper money that is untrustworthy. Full Story |
Silver Stocks -- Comparative Valuations; Weekly Report #30
By: Jason Hommel, Gold Is Money | 10 April, 2004
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| Key phrase: "When silver breaks free of the COMEX it will be of such value that it's "spending power" will be greater than it was under the gold standard for the simple reason that there is a lot less of it." My comments: Well, what did an ounce of silver buy during the age of the gold standard? I remember reading an article where a man's suit was sold for $1.50 in a Sear's catalog in the early 1900's. That coinage contained about an ounce of silver. Today, I suppose the equivalent would be a suit from the Men's Wearhouse that would run about $300. Yes, an ounce of silver will soon buy perhaps about 2-3 men's suits, and be worth about $600 to $900 in today's money, because silver is so very, very, very scarce these days compared to the olden days. We used all the silver up, and melted most of the coinage down to take pictures, and build electronics over the years. It's just about all gone! And now we are using the equivalent of rocks, or beans for money, that somehow, is "worth a lot". One day, the people will wake up, and realize the fraud of paper, and when they turn to silver, the price will just explode. And when the dust settles, the real buying power value of silver... and who cares how many dollars that will be then... will be just tremendous compared to what an ounce of silver is worth today. Full Story |
Silver Stocks - Comparative Valuations, Weekly Report # 29
By: Jason Hommel, Gold Is Money | 3 April, 2004
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| Why is the silver price is roaring? Up past $8.50 on Friday??? I did a survey last week of my readers. What did 49 well-educated silver investors say? Don't miss the results of my last week's survey, as reported this week! People are buying silver bullion in droves, and plan to buy more! At least, none of my readers who answered my survey is planning on selling silver bullion anytime soon. This week's report is a MUST READ!!! Full Story |
Silver Stocks - Comparative Valuations Weekly Report #28
By: Jason Hommel, Gold Is Money | 28 March, 2004
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| I believe the low price of silver today is partly due to a multi-generation societal failure of the older generation to educate the younger about silver. Of course, part of the problem also could be the younger generation's refusal to listen, and/or refusal to educate themselves. And, also part of the problem may be due to lack of marketing to people about silver. Here's a neglected factor in the silver market analysis: Very old people have silver, generally in higher proportion than their heirs, the middle aged. When the very old die, this silver comes to market. It is generally not cherished by the younger generation, it is instantly sold for the "free money". This silver comes to market primarily through estate sales, or people who have inherited it, and then sell it. It seems that the person who was getting close to dying forgot to tell the silver story to the next generation (generally in their 40's and 50's?) who are receiving the inheritance. Full Story |
Silver Stocks--Comparative Valuations - Weekly Report # 27
By: Jason Hommel, Gold Is Money | 20 March, 2004
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| Silver hit $7.72/oz! Topics this week: 1. Outstanding silver commentary by an 11-year-old. 2. Horrible silver commentary by the "analysts". 3. How you can make money with "finder's fees". 4. It is now clear that silver miners should have been buying bullion. Have they been doing so? Full Story |
Silver Stocks--Comparative Valuations, Weekly Report # 26
By: Jason Hommel, Gold Is Money | 13 March, 2004
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| Topics this week: 1. The differences between small and large traders. 2. How to trading the silver stocks, selling at peaks, and buying when low, but keeping your 100% exposure to the sector! 3. Refuting silver bear, Leonard Kaplan Full Story |
Silver Stocks - Comparative Valuations, Weekly Report # 25
By: Jason Hommel, Gold Is Money | 6 March, 2004
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| For about the last year, people have been wondering if the next contract month at the COMEX would be the big silver squeeze with runaway prices as more silver is demanded than the shorts can deliver. Still not yet, it's not yet the big squeeze. And by the big squeeze, I mean runaway prices to $50-$100/oz and beyond due to delivery defaults. We are down to less than 715 contracts (at 5000 oz. ea) left, and so, most were sold or rolled over for May delivery. That's only 3.75 mil oz. of contracts left, yet there remain 52 million oz. registered for delivery. COMEX is a game where gamblers play. Most contract holders, the paper longs, are not interested in real delivery. Yet the world has just about run out of silver, and COMEX is about the only place left to get it in size. It's like the paper longs are only interested in silver if others are interested in silver, and nobody wants to be the first to get it. They all want to be last in line after it runs out. What irony! Fools, I say. The good news is that with the March contract still way open with plenty of time left, and with plenty of silver in the registered category, the bigger players can now buy multiple futures contracts with a very large degree of confidence that they will get physical delivery almost immediately. I was not so sure whether or not a major delivery default would happen a month ago. Full Story |
Silver Juniors with Cash Flow - Silver Exploration Companies Aim for Positive Cash Flow
By: Jason Hommel, Gold Is Money | 3 March, 2004
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| Mining is a risky business. Mining is an impossible business if the prices of the metals are too low. Silver mining has been especially risky during the previous 24-year bear market in silver, from 1980 to 2003. At $5-6/oz., there are no major, public, silver mining companies that are cash flow positive. Most silver mining is a byproduct of other metal production, such as gold, copper, and zinc, which are profitable to mine. The little silver that comes to market from primary silver mines is mostly mined at a loss by the silver miners. A few profitable silver mines exist in the world, but they are owned by very large companies such as BHP Billiton, which you can't really buy for the silver exposure, because silver is such a tiny portion of the overall value of the company. BHP has a market cap of $61 Billion. Or, other profitable silver mines are so small, or privately owned, that you can't buy stock in them, either. Full Story |
Silver Stocks - Comparative Valuations; Weekly Report # 24
By: Jason Hommel, Gold Is Money | 28 February, 2004
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| Silver was very volitile this week, and ended at $6.70. It seems the market is very unsure of itself, and this means that great opportunities exist for those of us who are more sure that silver is headed up. It seems people are very eager to sell their silver shares the minute silver turns down, and as if people are very eager to buy in to all silver shares the minute silver hits a new high. So the silver shares are even more volitile than silver! The way to make money in the mid term by trading is to do the opposite of the crowd, which would be to sell at the peaks, and buy back in when silver falters. Unfortunately, if you sell out of silver shares at $6.90, and then if silver screams upward to $8.00-$10/oz., you are left behind. So, in the end it's best to hold on to your silver stock positions, and sit tight. Or, if you must trade, try and trade out of the silver stocks that are running up too fast, (or are overvalued), and trade into those silver stocks that had an odd down day (or are undervalued). Full Story |
Silver Stocks - Comparative Valuations Weekly Report #22
By: Jason Hommel, Gold Is Money | 14 February, 2004
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| After a brief pause for about a month, the silver stock boom came roaring back this week in a large number of silver stocks that were up significantly for the week. I wrote an article Feb. 10th on Cabo Mining, which was my number 2 holding (now number 1). The stock moved up over 100% from last week, up from 53 cents/share to $1.12/share, Cdn. Market Perspective & Cabo Mining - Hommel I believe the price movement can be attributed to the fact that I wrote about the company, but it is also due to the long bear market in silver stocks, the current turn around in the silver market, and the fact that there are a few overlooked companies. The market cap was also quite small, under $10 million, and the market reach of my articles is growing larger. Full Story |
Market Perspective & Cabo Mining
By: Jason Hommel, Gold Is Money | 10 February, 2004
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| I don't believe in "efficient market theory" that states that all the important information is already known by the market, and that stock picking is somehow like throwing darts at a wall. In contrast, I believe that the more you study, the better the rewards. Knowledge is money! Nevertheless, it is true that at the top, where billions of dollars are involved, it is much harder to find overlooked opportunities for profit. At the smaller end of the scale, it is easier to find overlooked value. I also don't believe that the risks and rewards always go together, or as they say--the greater the risk, the greater the reward. Full Story |
Morning Silver Review for February 10, 2004
By: Nell Sloane, NSFutures | 10 February, 2004
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| SILVER (MAR): With the close higher than the pivot swing number, the market is in a slightly bullish posture. Initial support for silver is at 636.3 and below there at 625.2 with resistance likely at 642.8 and 652.3. The market's close above the 9-day moving average suggests the short-term trend remains positive. Positive momentum studies in the neutral zone will tend to reinforce higher price action. The next upside target is 642.8. Full Story |
Silver Stocks - Comparative Valuations; Weekly Report # 21
By: Jason Hommel, Gold Is Money | 7 February, 2004
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| Last week, I mentioned that New Hampshire was considering issuing silver coins. The proposed legislation has changed. Money Bill, HB 1342, now proposes to use U.S. Treasury minted Silver Eagles and Gold Eagles as money, so as to avoid any legal challenges by the U.S. government. See the following links: Money bill for NH by Rep. Dave Buhlman, http://www.nh-inews.org/articles/04/01/040131a.html 20 Questions and Answers regarding the Money Bill, HB 1342 The Sound Money Bill HB 1342 (HB 1342-FN-A-L) "AN ACT relating to the designation and use of silver and gold coin as media of exchange with respect to essential sovereign functions in the State of NEW HAMPSHIRE." http://www.nh-inews.org/articles/04/01/040131aa.html Full Story |