10.31.2011

This month seen a gain for the silver market as the pattern is now that of lower highs and lows on the monthly chart. Actually it is lower high and lower lower as it should be singular. Only one lower high and low occurred thus far.

It seems that one of two likely events are bound to happen and the first one is continued selling that will most likely test below $25.00 per ounce. This most likely cause a large disconnect with the paper and physical market.

Another scenario is the market finds a clear break above the $44 resistance mark and then not only works back to the $50 level, but goes wild making new highs.

The $50 level has been tested a few times as it was a test in 1980 and twice on the daily chart here in 2011. The more often resistance the more often it will take those levels out.

You can say all you want about the Hunt Brothers and the 1980 price doesn't matter because it was phony and it wasn't real. Yes it was real and it wasn't because of the Hunts that it went to $50.00.

You could say today's market and yesterdays and all the days markets over the last forty plus years are phony, because it is traded with margins and paper contract.

The currency is also phony!

10.24.2011

2012, The Economy & Gold/Silver

As I write this article the date has just switched to 10.25.2011 CET and the new day is a beginning. That gives us 68 days until the new year begins and that year is 2012. For years there has been 2012 warnings on the internet regarding devistating things. People stated the economy was finished even four years ago and that we would have a depression for about five years.

Were these people correct? If we were going to have five bad years, then does it make sense that 2012 is going to be that final bad year and a true recovery to build from this? What more do we need to see on the final year?

I asked a lot of questions and I will answer with what is the most logical thing that can occur? The people are waking and this is the current trend. Occupy Wall Street (Occupy Earth) is in trend and this phase will at least help wake people up. From a higher percentage of people waking up and learning experiences from the Occupation the movement will only grow stronger. Michael Moore will most likely keep pushing towards his goals as will Peter Joseph and Jesse Ventura and Ron Paul and Alex Jones and do I need to keep naming these names when the movement is here.

At some point the one percentage elites will have to reply back to the currency creation creating explosive debt and this was and is guaranteed. It seems that a high percentage of people who want changes and are pissed off with the system do not understand debt is guaranteed. I have heard many people complain about how money is being or not being spent and as Peter Joseph has stated that it is nonsense to even have this style of monetary system. Yes there are many anti Peter Joseph people as well as anti zeitgeist. This is because Peter Joseph in so many words attacks capitalism. I don't use attacks, but others would seem to use attack as a word of reference. I refer to the term of "debate" instead and I feel his points are well presented.

Regardless of whether you like him or not it is obvious he is not going to stop working towards ending this slave based system and I will make a prediction right now that in 2012 Peter Joseph or some other signficant person towards a resource based economy will ask the likes of Ben Bernanke/President Obama about the money creation policies.

There was a question asked to Ben Bernanke in 2010 from "We Are Change" that was in regards to collapsing the economy where Ben repeated "I'm not doing any press." Ben also responded to "Is gold money" with a five second delay with the word "no." These are simple questions and therefore the perdiction is that the powers that be will be confronted with much more difficult questions that will most likely destroy this economy.

Therefore unless something drastic happens to deny the information on 2012 it is safe to assume the shift is on and there is not much time left. I am so secure with my knowledge of the economy and consciousness that a drop to $5.00 paper silver doesn't really surprise me much and I know this would crash the paper game just as much as $1,000 silver does. The end game is people losing confidence in fiat paper dollars and thus saying "No we don't want to play that game anymore" for it is russian roullette.

If you were to ask me three and a half years ago what the price of silver would be today, I would have responded with $100-$250 and Gold between $3,000-$5,000. This did not happen and the reasons for why I thought this was going to happen was in play, but I underestimated "the sheep" as they failed to wake through this time and many are still asleep. I am surprised that people still have time to prepare for the d-day (end of the dollar) with these lower prices. We are living a "dream" that "paper rectangles" have value and always accepted for trade. It's getting more realistic that the blows occur in the near future as 2012 is approaching.

For October it looks like the "Shocktober" will not happen unless something drastic happens in the next four trading days. This doesn't look probable right now, but the "Game" or "Paper Derivatives" which has been refered to others as the "house of cards" and when this house of cards falls has been known as "WTSHTF - When the shit hits the fan." It is inevitable that this is going to happen and calculating the "When's" can be very difficult.

For the last thousand days, I wake up and wonder if this is going to be the day when something big happens and "BOOM" thar she blows. Some days have been this way with Fukishima probably being the biggest and the August stock volatility showing big down moves coming. The crash of the stocks I refer to is the system on how stocks work. Not the equity values or the price of the Dow Jones. The crash (that is inevitable) for the stock market is ponzi attributes.

2012 should bring the year where a lot will be accomplished in 2001 9-11 truth. Just like I thinK Ben Bernanke maybe comfronted by Peter Joseph within' debt being 100% guaranteed, but having the likes of Obama, Bush, Cheney, Rumsfeld be confronted by "the big boys" or even having the much needed trial. In the end if one single thing is going to be responsible for the collapse, this will be it. The masses finding out what really happened.

Another 2012 prediction is that "the truthers" are going to be blamed for the economic collapse and the high unemployment.



MARKET TECHNICAL ANALYSIS EXPECTED MID WEEK.

10.12.2011

SLOW DOWN ON THE BLOG



It is not worth it anymore for me to put as much effort within' this blog. Maybe I got what it was that I asked for even though logic should have stated otherwise. This is good for my mayan calendar consciousness information showing how infinite this world is and how many options we have to get whatever task it is to be done.

I have heard people say that Ron Paul is our only way to get through this and then I think to myself, "really?" as if we only had one possible way of having this work and if that way does not work we are doomed for life. That makes me laugh.

Going back to what I asked for "spiritually" within' my "thoughts" was for me to be behind the radar and boy I didn't think I would be this much behind the radar. Last night I was listening to the SGT Report whom was talking about analysts like BrotherJohnF talking about the silver market. He did say "and more" which would refer to me, but it's very hard for "TheSilverLog" to be named in reference that much. In fact earlier this summer I replied to one of SGT reports videos and make an article on this and he even stated that he never even knew my channel existed. I was shocked when I heard that.

I was asked in a comment earlier today that stated "Sounds like you're taking Clive Maund's perspective on silver." This was interesting because I have only seen one of his articles as of ten minutes ago. I seen his new one because I figured since this was commented he made one. I pride myself in taking my own stance on things and in this copy cat world when I see one's style or methodologies that I think works then I try to work it within' my own methodology as I have no problem taking information done by some other source and ripping it apart. In fact I have been blocked from at least one Youtube channel because of this.

Therefore I have not seen one single piece on a source where somebody does things like taking one my charts and using it for their blogs or for their videos. Nor do I get anyone who asks me for some PNG files for their project as I don't get anyone who asks for things like this. Part of my strategy for doing these videos is showing what I am capable of producing and hoping some day some one will ask for work done that I can help out. This has not happened yet.

I have not seen one piece where my upside fibonacci calculation on Silver from the $4 to $8 levels and how they have manifested themselves on every level. I realize within' the comments of the video that are a few people that love the information that I get and I get so many great comments and ratio on the thumbs up/down. That is why I am not stopping doing these videos.

I guess you can say I have asked the universe to behind the radar if you will and if that is what I wanted, then that is what I got. This defies logic to why there hasn't been that many people who references my work and especially the upside levels that has the sequence of 4.00, 8.00, 10.47, 14.47, 20.94, 31.42, 48.36, 75.78..... as this sequence has been pretty much perfect within' Fibonacci analysis. But because of this I am going to want to keep it this way being under the radar.

I stated I was going to do less videos and the plan is to do a weekend video and I ended up doing a mid week video today and therefore I am not stopping not because the many great people on the channel who have expressed how much they love my channel and information but because of my methodology of doing these videos when they are needed. The reason I do not talk much about a resource based economy is because Peter Joseph does a damn good job that I can't even come close to doing as good and thus I leave it alone. There was a time in 2008 & 2009 I talked about fundamentals and news events, but Demcad and VisionVictory as just two people have done these things well, again I stopped doing it. There is not one person I have seen on this internet who can give the content that I give out. There is only one channel that I know of that will only show logarithmic charts and that is me. There is only channel that I know that expresses Fibonacci and that is me. There is only one channel that can understand the market volatility and that is me. There are several things that I provide that no one does. Therefore as long as that is the case and I still have some interest in doing so then I will.

10.05.2011 Paper versus Physical Silver

PAPER VERSUS PHYSICAL SILVER

Both paper and physical silver rely on the comex pricing as of this post in early October 5, 2011. The free market for the paper game is the rules that are associated within' the brokers you are associated with and pretty much Wall Street. The free market in the physical game will use the comex price as a reference and then decide what premium to use from the spot price. Therefore the same chart you use like the one above is useful for both positions.

Physical is just that. Forms of physical are 999 fine rounds/bars that are at least 99.9% pure silver (hens the 999), can be in many forms of Stirling (925, 92.5%) and practically all countries in this world had silver between 40% to 92.5% in their circulated coins in the sixties and earlier. There are other forms like jewelry and the category misc. where the value is set on the scrap melt value as well as any numismatic value.

People often call SLV and futures to be that of paper and I don't see why we would. Computers have taken over and at least with paper you have something that has some scientific value. Silver and Gold are universal within' metals on the periodic table and therefore it is not paper at all but digits and data sets in computerized technology. Maybe you can request to get paper shares of your SLV and they may comply to your wish(maybe) and if you ask for some bars or coins, you ain't getting any. Therefore you are only getting numbers on a database.

When you sell silver coins or bars on the physical level you can sell for many different things. You can sell your silver for fiat cash or paper rectangles or you can sell it for gold or food or a car or real estate and I could keep going on with products and services they can be used for within' barter. If silver is not a common trade in the economy one is in (like the current) then sometimes you have to trade them for paper rectangles first. Therefore if you bought silver for a total for $4,000 years ago for your lot and sell it today for $12,000 then you turn around and buy a car with the $12,000 then you turned your investment into a car during the tenure you were holding the physical.

When you sell SLV Shares or futures contracts or even shares of miners then you can only sell for the currency level and the funds are sent to your account. If you want physical delivery of your paper rectangles then you have to demand delivery some how by going to bank or ATM. The point is you have no choice but to turn what your silver is worth into something else in a currency collapse. If SLV goes to 210.43 a share when you cash out then you need to turn this into something real before the currency dies. If you cash out of SLV and get yourself what you need to survive and thrive in real goods and you do this successfully then congratulations but it will most likely cause headaches when you have a bank holiday threat.

09.30.2011 Quarter End

OCCUPY WALL STREET


You can help fight for freedom by joining the movement at an Occupy location near you.

You can also donate food, clothing or any other tangible asset the protesters can use to the following address:

The UPS Store
Re: Occupy Wall Street
118A Fulton St. #205
New York, NY 10038

To learn more on Occupy Wall Street please google and/or youtube search the title. This movement is growing and the more whom participate the more likely it is freedom will reign. Thank you for all whom have helped within' this project.

09.26.2011 VOLATILITY

This chart gives me reason why this is the bottom that will either hold on future tests or not even test again like many other snapback rallies from monster sell offs which we had here. The reason I say more reason for such an ideal is because of where the two fibonacci marks are on this chart. The upper one is almost at $39.00 and this was a major level to say the least as low thirty-nine is affected in many ways with price action in Silver. The one below this is at 33.41 which is only seventeen cents away from that big fibonacci mark on the chart below. Unless the shit has hit the fan this market is going to take time to heal. If the shit has hit the fan then its going to go parabolic and the things you will see no one can imagine. I don't think the shit has hit the fan soon, but it is damn close which might make this "THE BOTTOM" but I am not calling that other than it's a good time to make the guess.






Silver market today was down forty cents or about one and a third percent after the market was down 16.2% and boom the market goes up higher. The move up makes me sick as does the entire move lower and the fact these movements are occurring within' our financial system. The snap back was very fast and very common to happen in these markets which can make day traders a lot of fiat digital dollars or lose a lot of them if on the incorrect side of the move. I enjoy playing games some times and anyone who is out here timing these wild volatile moves are insane or amazing at this game. Those whom study and put more of their energy and time into something will succeed better than those whom do not. Many stops got crushed last night when people were watching their Sunday night movie before they go to bed and they find out in the morning they got stopped out at 27.00 as they look at a 29.00 price on the screen that keeps climbing. This frustrates me because those whom play this game should be aware that this game is designed in such a way where for every winner there is there has to be a loser somewhere in the game so if you want to win you have to get good so you can compete with the best including supercomputers called High Frequency Trading. Final rant note before I get to volume is the Occupy Wall Street which is getting very little if any MSM coverage that has only been available on youtube. These are the kinds of revolutions that I expected to occur during this time frame and I have a funny feeling (intuition) that when it is all said and done, this movement will be very successful. My advice is to spread the message and if you have the balls to participate then you are a hero in my book. It is now obvious that being the protester whom is peaceful with PG signs and PG music to be in harms way and that has been the case. I have not seen any violence yet from protesters which is shocking because there are always hooligans, but these sort of things have to go on for the dollar to collapse and humanity to start working to a recovery from an evil debt based system. People will join the flock and this will grow. Weather does become a concern however as it is late September and only a month or so until the weather gets very nasty.

As far as volume is concerned, we are seeing this kind of manipulation play out and when you consider the may top to have volume as you see on the above chart and the volume now to be higher, but nothing like it was before shows me that the original down move was heavily caused within' the SLV instruments and used by the big bankers because they are the only ones whom can cause markets to rise up or down this big in a relative short period of time. The move that just happened must have higher volume on the Comex market? I don't know the figures, but I would make a calculated wager that it was at least as heavy as the start of May if not bigger. Also again done by wall street or world banks.







When I created these bands I made them to be a tougher challenge than the conventional bollinger bands give. In my opinion its a cry or a half ass moved that takes price action to the bollinger bands and over the the last few months I have used these bands they have worked outstanding. These were designed based on price action and volatility in a nice but simple math formula. What I have been saying with these bands is that when you reach one of them things can get wild. Usually you get either a sideways correction of some sort or off correction in the opposite direction. However the other possibility is the market keeps going in the same direction and when it expands these bands like it did here this means we are on radar for this getting of control and it did. This makes 2% moves turn into 5% moves fairly fast and so on. At one point before I went to bed last night the retracement of the band was -30% which is an insane level. Movements are getting larger now and the $26 low change level was a perfect hit once again and it was easy to tell it was going to test it this week (or soon) because of how it reacted on the breakdown of 33.58. Same thing is now true that we are almost guaranteed a test of the next fibonacci level which is $31.92 which co-insides with the long term upside level of $31.42. What is important is to hold 38.2% from the new lows earlier today and if that is the case we can state this has a good chance of being a pierce below.






The roller coaster has already begun. There is no more saying "It is going to be a roller coaster" but no, "IT IS A ROLLERCOASTER" right now and maybe I can not say it is going to come, but rather we have only entered the second gear and this baby still has fuel. For those times people have wondered when the sh@$% will hit the fan, well the answer might just be sooner than you think. The currency market and derivative markets need to crash and there is no way in hell this will happen under low or normal volatility.




Shorter term the movements on this has managed to move to where we were during the April time frame and therefore most likely the odds favor this level to be taken out. Last time when the volatility started it was originally showing gains as it went what seem thought to be out of control moving from $40 to $50 in no time and the plummet. Well maybe this time it is reverse where the original move is a down move which is followed by an even bigger move the opposite direction some time later on? I don't know, but this type of pattern has been on my mind for quite some time now as my January prediction for Silver had the market going to the 50 area with a pretty big crash and long correction through time which would originally have a fake move higher, followed by a fake move lower followed by the dollar collapsing and silver breaking $100. It is playing out currently how I thought and more aggressive than I had thought.


MORE COMING LATER THROUGHOUT THE NEXT FEW HOURS.

09.23.2011

WEEKEND POST. CLICK ON IMAGES TO ENLARGE OR TO VIEW THE MULTIPLE TIME FRAMES

09.21.2011

The daily chart shows how wild today's action was and it had absolutely nothing to do with its actual underline material which is the tangible silver. Bank of America is moving closer to a collapse and this is one of the steps I expect to occur. The banking collapse must and will happen and probably sooner than later. I and many others have spent countless amount of time explaining how this debt based monetary system is very root at it's evil because of how money is created but the humans waking up to this information and other related events like 911Truth movements makes people not so happy that the government would want us humans to be majorly in debt and thus reliant on fiat currency. That is the truth and banking is the primary cause. People talk so happily about quitting smoking or drinking and I have to think banking may have more critical damaging long term health factors. If people quit banking by getting most to all of their paper rectangles outta there then this would help the world by killing the banks. To learn more on how money is created please GOOGLE SEARCH - Zeiteist Federal Reserve - and a five part video series by NullClothing will appear. That video can explain more on currency creation. As far as the monthly chart we can see a lower high and if we break 32.32 then will have our first lower low on this chart. I've been saying that maybe silver goes down with stocks in the paper game and that Silver paper shares have to collapse and these events make the charts move wildly in both directions.






FEEL GOOD NEW STORY PART 2 - MR. GIE IS CONSDIERING EARLY RETIREMENT THIRTY HOURS AFTER GETTING LIFE BACK TOGETHER!

Read post below if you have not read this one yet.

09.22.2011 1600 EST - Sum Gie has just sold his put options that were purchased before the market closed at $3.20 per share that cost only 37 cents at yesterday's close. His vision on the silver market was prestige and should be awarded for his efforts. This meant his portfolio which started yesterday morning at $5,900 was worth $624,289.55 and is very close to having enough to retire. He realizes being a 25 year old person he will need over 125 years worth of money to retire with as Sum Gie feels he can live to 150 now that he has cleaned up his life. With 3% average inflation per year and a required amount of $200,000 needed per year that would equate to almost 262 million dollars. Therefore making around eight hundred percent per day would take about eight business days to achieve this lifestyle. You have to feel good about this Gie who struggled with not only gambling addictions but actually making decisions that can lose in the game like hitting his 14 against a dealer five in blackack. Sum Gie realizes he can not play these games of chance while risking these large sums hoping for luck. Its already clear that no one can win at a casino other than the casino itself because every game is pre calculated. Now Sum Gie is investing and making very solid long term choices without the urge to gamble and therefore his solid long term choice is to have an option for tomorrow on the Dow Jones to go higher because it is down too much. He found out that the options expired today and will take some time for new ones to come up and all Sum Gie said was "Oh". Therefore he thought about it and thought about being a little more safe with his investment and because Mr. Gie called his bank, "Bank or America" and felt good about the company and how safe they were. He decided to buy October call options that gives him a whopping month to get his retirement in order. The investment choice was for a call option on Bank of America (closed at 6.04) and the bank advised him to be more diversified. Therefore instead of having just one option, Mr. Gie has three call options. $7.00, $8.00 and $9.00 costings 24, 8 and 3 cents per share respectively for the expiry of October 21 with one third of his portfolio in each investment. That is over $200,000 of equity in each investment. He says October is always a good month for stocks and what better stock than the trusted Bank of America? He feels that there is a good chance BAC will go to $13.00 per share by the end of the month that his investment is pretty wise. Mr. Gie however did withdrawal his original investment of $5,900 from his brokerage account so that he can put food on the table this weekend and buy some more expensive white powder. It makes all of us at FakeNewsPress.Fake smile when we see feel good stories like that this. Gambling addiction can be tough and that is why we have to applaud Mr. Gie for his amazing choices.




FEEL GOOD NEWS STORY - MR. GIE QUITS GAMBLING AND GETS HIS LIFE BACK TOGETHER!

Published by - FakeNewsPress.Fake 09.21.2011 16:00 EST

Most news stories are full of gloom and doom that does not bring hope to the world. That is why today on a day where the stock market once again falls we can give you a good feel good story for a gentleman whom has struggled with drug and gambling addictions all his life and he has been trying to get his life together and we think today he has. Once upon a time in a valley somewhere in the United States Mr. Sum Gie has had to deal with the difficulties in life and he said this summer he would stop gambling because of how much it has hurt his family. The season began and this hardcore football betting fan put $1,000 on the Broncos to defeat the Raiders on the spread and he lost. This meant the family was living on what scrubs they could find around the house and it was very slim to say the least. Sum Gie was really sure Kyle Orton was the real deal and felt he could win it big and he turned out to be wrong. Sum Gie did well a few years ago when he started with $50 and won nine straight underdog bets in sports making his bankroll go from $50 to $78,144.54 and then he lost it all the next week when he lost his first game as he always said "Double or nothing every time". His bankroll was gone and he had to some job traveling the streets with a backpack for weeks for some reason and he promised to never make that betting mistake again. This weekend Sum decided not to play the football games and instead he gathered up as much money doing some things so that he can make better financial decisions and instead of gambling it away he can make solid investments that will secure a good long term security blanket. After somehow making his money traveling the city streets with a backpack Sum Gie gathered enough money to start investing. He started his investments this morning and decided to take the last $5,900 he had and bought put options on Citigroup stocks and after he made this investment the market went his direction and the price of his put option went from three cents to twelve cents. This is for an out of the money put option for options that expire at the end of this week. The investor in one afternoon turned his portfolio from $5,900 to $22,500 after fees and commissions and after he sold his C Put option Sum Gie bought a call option for TLT bonds that was also out of the money for 25 cents a share which managed to get up to 99 cents at the close which is when Mr. Gie sold. This meant his $22.500 rose to $81,750 by the end of the day for options also expiring on Friday. This gain was well over 1,000% for the day and a very solid investment. Sum Gie really wants to give up the gambling lifestyle and keep making solid investments. Sum Gie took his $81,750 and put it all on an option play for SLV which closed today at $38.59 and took another out of the money play with a $38.00 Option Put that only cost him 37 cents. When asked today about his solid investing mojo and new stable mind set he said “Boooo Yaaaawww, Silver gowin' downnnn tommoraw and this babys gonna cash and i'll be a millionare by the end of the week. Booo Yaaawww” When asked later about how he felt gambling on sports rather than investing in the markets Sum Gie said “Yeah, Invasting is my thing. No more gambling for me.”

09.19.2011

09.17.2011

09.14.2011

715pm EST/0118 CET Update-I'll be browsing the web this hour. These are my findings so far.:


This is an interesting chart as it shows us how private investors or the every day Joe is picking up silver. This piece comes from Two Shocking Silver Charts dated back in January of this year with the other chart showing eagles sales breaking out in 2008. This was because the information to how money is created surfaced on the internet and that got people into buying gold and silver. It makes sense on the timing of the issue where we seen the market retrace in the Spring as the comex levels have been crushed. On the links on the right hand side of this blog has a link for the inventories and they are getting hammered.

This image was found at The Daily Bail and it shows an interesting view of the money creation. Sometimes I like to laugh at the situation because in the end the fiat currency is going to die and I wonder what will Ben Bernanke or the person whom replaces Ben is going to say when this happens. What would happen today if Ben Bernanke was forced with a question on how debt is 100% guaranteed to come through and the measures that have taken places has done so in a violent way within the global banking sectors. In my view he has not answered any difficult questions yet and the mainstream media have made sure they have been easy. In my view Ron Paul has been very easy on Mr. Bernanke and I commend and applaud Ron Paul for what he is doing as these tasks are not easy when you are as powerful in culture like Dr. Paul. I say easy on Ben because his toughest question was "Is Gold Money?" ''Youtube Link'' and Bernack could not answer his question for several seconds and his answer was no. Bernanke was confronted by We Are Truth ''Youtube Link'' he was asked the question about the 2008 Billderberg meeting and Ben privately said he was not doing any press today. He was also asked when he will apologize for destroying the US economy and that would be a start for a tough question. I look forward to Ben facing harder questions because grade school is over and the questions get harder!

09.12.2011

09.08.2011

Not much for me to say at this point but I will point out that this is the second straight week support has been found at the 18 period average highs and the forth week in or around that average with four straight weeks of the same resistance levels between $43 and $44 dollars. Its consolidating the large $42 level pretty big and a massive hold above $38.11 previous support level for it has not been below that mark since August 11 and has been above that level every day since July 13 which means the last day where the highest point was below $38.11 was July 12. That is strong and now we have completed over ten straight days of staying above $40.00 and the last day where the highest point of the day was below $40.00 was August 15th. This seems very poised to breakout and the daily chart on the video below shows an ascending triangle from the $42.00 level being resistance and the uptrend line shown.

09.06.2011 Swiss Franc Volatility