Precious Metals

[sunseeker]

Sprott - To launch Silver Trust.

http://www.financialpost.com/executive/hr/Sprott+silver+trust/3273981/story.html#ixzz0tg1EBzT7

Grandich Challenges Two Biggest Gold Perma Bears (again).

http://www.grandich.com/2010/07/grandich-challenges-two-biggest-gold-perma-bears/

Okay, Leonard Kaplan, put your money where your mouth is. I hereby agree to wager $50,000 that you’re wrong (as you’ve been for years). Furthermore, I will also make the same wager with someone who actually may have been more wrong than you – Tokyo Rose (a.k.a Jon Nadler).
This offer expires at 1:30PM EST July 16, 2010.
I will also pay for the legal costs to draw up wager. (It’s the least the winner of the bet can do).
I’m waiting!!!

Peter Grandich is willing to put his money where his mouth is. Why aren’t they?

ATB 

[MetalMeister]

For anybody who did not click and see the short-ing pic of SSs...

Speaking as someone who had an electrical background, I appreciate good connections (You’re included in that category).
It probably accounts for my feelings towards use of shorting too. LOL

[sunseeker]

“Imagine a world trading solely in gold and silver coins. Imagine the size of your wallet.
Yet this is the ideal world envisaged by some of Malaysia's activists championing the Islamic gold dinar and silver dirham as a new form of legal tender to replace paper money – a utopia that could see the light of day as early as the middle of next month.”

http://fmxconnect.com/fmxmetalsconnect/post/2010/07/19/Guardian-Can-Malaysias-Islamic-gold-dinar-thwart-capitalism.aspx


How much physical gold and silver will be needed to get this new currency off the ground?

ATB 

[MetalMeister]

You want to see something really huge and fascinating...

Go check out the COMEX silver stocks...  The stuff is disappearing rapidly.  The multi-millionaires and billionaires are calling their physical home...

Here is just the last few days!

JULY 9 = -377,839 and total of = 114,102,049

JULY 12 = -1,318,894 and total of = 112,783,155

JULY 13 = -196,148 and total of = 112,587,007

JULY 14 = -300,001 and total of = 112,287,006

JULY 15 = -471,597 and total of = 111,815,409

JULY 16 = -923,430 and total of = 110,891,979

[MetalMeister]

Death to JP Morgan and the LBMA...

http://www.zerohedge.com/article/will-sprotts-brand-new-physical-silver-trust-become-jpmorgans-biggest-nightmare

[sunseeker]

Death to JP Morgan and the LBMA...

http://www.zerohedge.com/article/will-sprotts-brand-new-physical-silver-trust-become-jpmorgans-biggest-nightmare

Hi YC
I read that too.

“The price that Silver Wheaton pays for future silver production is pre-determined in the agreements, typically US$3.90 per ounce with a small inflationary adjustment, which ensures costs are fixed. This allows Silver Wheaton to avoid variations in operating costs, reducing downside risk, while providing the upside of significant leverage to increases in the price of silver.”

http://www.silverwheaton.com/SilverStreams/default.aspx

Guess what I have been buying recently.

It's good see see you posting on silver as I always take it that as a good sign to follow suit (if I haven't already) or add to an existing position.

I also added to my sugar/Agri posititions CZZ, and ALEX and opened two new ones BG and (2X ETF) LSUG.

ATB 
 

[sunseeker]

I was sent a report which unfortunately I can’t share with you all (copyright), but I looked for other places where I could find similar information. It was a bigger jigsaw than I had anticipated it would be.

Radio-frequency identification (RFID) tags:

An example of where they can be found (I know the figures are out of date. 2006)



http://www.silver-info.com/rfid-technology.htm

Manufacture of such tags will exceed 30 billion units by 2020.

RFID tags basically consist of silver! 

10.9mg of silver in every tag to be precise.




I am informed that manufacture of such tags will exceed 30 billion units by 2020.

China alone has committed $6 Billion into providing ID cards for every one of its citizens (which equates to about 9 million oz of silver from China alone). 


Silver also has solar energy applications. Each crystalline silicon solar cell that is produced contains 1.2g of silver/watt of energy produced. By 2020, solar energy equipment will be using around 50m ounces of silver annually. “VM Group” bases this forecast on conservative numbers.

My investigations led me to a number of places but these two stood out:

http://www.idtechex.com/

AND ALSO TO:

http://www.virtualmetals.co.uk/

Not wishing to breach any copyright I contacted them......
They sent me a disclaimer allowing me to post their material, but you could drop them a line, and receive it straight from the horse’s mouth.

If you are interested then you can contact them too and there will be no charge for this service:

info@virtualmetals.co.uk

These are the publications that I would like to receive from you:

PRECIOUS METAL INVESTMENT WEEKLY

GEOPOLITICAL ANALYSIS QUARTERLY

ENERGY MONTHLY
 
AGRICOMMODITIES MONTHLY



Silver… “We’re going to need a bigger boat.”   

ATB 

[sidewinder]

So, more to the point, how far can we track you or an item you are carrying with RFID?  Typically, about 40'. And, absolutely within 20'.  But, as much as 120'.  This is using a < 20 cent (quantity 1,000,000) RFID tag.  [Side Note: Active RFID is different and would cost $20+ per tag and give several-hundred feet of tracking capability...  Your Cell Phone is trackable (accurately) to over 5 miles...]

These are just the cheap dime a dozen chips.   Just think, you buy a pink shirt, a hip man purse and some gucci loafers.  a week later you walk past a fag bar one day and an electronic sign in your view lights up and says "Hi ---(your name)--- we are having a circle jerk in your honor, Steve and Bruce are buying COME ON IN !!!  JOIN THE FUN !!

Right now a scanner at some distance can examine the clothes you are wearing, the money in your pocket, Cards of all sorts and spit out a personal profile of you, where you have been, and many other things about you. 

For a few bucks more you can have a RFID chip which can be monitored and use as a trip wire the moment anyone breaks the signal.  Cool stuff and now you can profit from the Silver!  How good can it get? 

Thanks SS

[sidewinder]

her ya go

Starting next month, the retailer will place removable "smart tags" on individual garments that can be read by a hand-held scanner. Wal-Mart workers will be able to quickly learn, for instance, which size of Wrangler jeans is missing, with the aim of ensuring shelves are optimally stocked and inventory tightly watched. If successful, the radio-frequency ID tags will be rolled out on other products at Wal-Mart's more than 3,750 U.S. stores.

These guys are players ... won't be long, the minute you walk in a store they will know if you have been unfaithful and shopped at Target or Costco first. 

Avery Dennison sym    AVY .... makes good monthly moves should be easy to scarf 10 -14% on a regular basis. 


http://online.wsj.com/article/SB10001424052748704421304575383213061198090.html?mod=WSJ_hpp_LEFTTopStories

[sunseeker]

her ya go

Starting next month, the retailer will place removable "smart tags" on individual garments that can be read by a hand-held scanner. Wal-Mart workers will be able to quickly learn, for instance, which size of Wrangler jeans is missing, with the aim of ensuring shelves are optimally stocked and inventory tightly watched. If successful, the radio-frequency ID tags will be rolled out on other products at Wal-Mart's more than 3,750 U.S. stores.

These guys are players ... won't be long, the minute you walk in a store they will know if you have been unfaithful and shopped at Target or Costco first. 

Avery Dennison sym    AVY .... makes good monthly moves should be easy to scarf 10 -14% on a regular basis. 


http://online.wsj.com/article/SB10001424052748704421304575383213061198090.html?mod=WSJ_hpp_LEFTTopStories

Hi SW

Good research. Worth further investigation.
I a quick search and I came up with this:

http://www.rfidtags.com/

http://www.rfidtags.com/manufacturer-directory


Thanks SW for taking my post a few steps further in the right direction.


I had nice little moves on this week’s purchases:
I mentioned that I was buying silver (and sugar. Thanks to the timely prompt from Depleted).

It was a very successful strategy last year…

http://buy-high-sell-higher.com/forum/general-discussion/stock-market-july-2009-t1028.0.html;msg10829#msg10829

I've got off with flying start with it again this year.

ATB 

[MetalMeister]

I just read a local newspaper article today where a guy who got arrested on a felony had previously been caught leaving a Wal-Mart with the goods.  Makes me wonder how they caught him? 

I mean if he stuffed something into his coat and out of sight then I'm not sure if they can detain him?  Sure can't search him, can they?

He just got probation for that crime.

If our guy wins Sheriff here then he will set up a tent prison like Sheriff Joe in Arizona.  Then all those small crime thiefs can do some hard work for their 3 hots, a cot, dental/medical all freely paid by the taxpayer...

http://online.wsj.com/article/SB10001424052748704421304575383213061198090.html?mod=WSJ_hpp_LEFTTopStories

[sidewinder]

These chips are actually good for inventory control and efficiency. 

The same can be said for putting them on driver licenses and passports.  But, they also have the potential to be used for other purposes, some of which give anyone with the equipment to scan them the ability to know and deduce many demographic and personal thing about any individual.  Good or Bad?  invasive or just modern tech? 

As far as silver content the obvious boost to silver would really only come if governments started using them in great quantities but I'm sure that would be with great opposition.  If the use in identifying and tracking on government documents, currency, and licenses required by government is accepted, the next logical step is implants at birth. 

At the present rate of progress, I'm sure the some future generation will see something such as this because 7-8 billion people are going to present more problems in "control".  The only thing which would prevent it is some meaningful population reduction for humans.  That too is not out of the question. 

[sidewinder]

LOL  One thing just leads to another eh/

[MetalMeister]

That certainly sounds like it is straight out of the book of Revelations to me:

Revelation 13:16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:

Revelation 13:17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

Revelation 13:18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

If the use in identifying and tracking on government documents, currency, and licenses required by government is accepted, the next logical step is implants at birth. 

[sunseeker]

Currencies always have had symbols of wealth power, and patriotism on them. So what can we read into the symbolic significance of the new $100 bill.

http://www.roadtoroota.com/public/261.cfm

Take some of it with a pinch of salt but the designs/symbolism on currencies don’t just appear there by accident.

ATB