golden silver facts (Jim Wilie)

http://news.goldseek.com/GoldenJackass/1375128000.php
With silver demand in real form at  an uproar 1 to 1 with gold it is estimated the silver price will increase 3 times faster than gold enjoy the awesome facts below and link here here to learn more
silver may take its time but it is well worth the wait Gns+Research










evidence outside a scientific laboratory.)

 

DEMAND GROWING FAST

Demand is off the chart, hardly what the bank syndicate anticipated. But they have a mission and an agenda to suppress the gold price, despite the unintended consequences. History shows that Gold Bull Markets are produced by investor demand in a global sustained torrent. After the April gold ambush, followed by the June gold ambush, the global demand went into the next higher gear. The evidence is astonishing and impressive.

 

• The Sprott Fund managers report that Silver demand in US$ terms is equal to Gold demand. The one-to-one volume had never been seen before, and has been the case for two years. Given that central banks own no silver, which is in high demand (often non-replaceable) in industry, the Silver price will rise three times faster than the Gold price.
• The suppliers at Swiss refineries are under strain. In fact the Swiss refineries are running 24/7 to meet demand around the world. They are processing mine output, and recasting old gold bars. Many bars being recast are from discharge at the Western central banks from massive lease programs operated by JPMorguen and Goldman Suchs. The buyers of recast bars are not liable, only the criminal sellers. The William Kay story is remarkable and bold on ownership of central bank recast gold bars.
• Gold transfers at the LBMA are at a 12-year high.
• The USMint and Royal Canadian Mint have seen silver coin demand in 2013 exceed national mine output for the two countries by 25 million ounces. The silver coin demand for industry will add to the gigantic deficit. The governments are bound to continue minted coin sales, usually with domestic supply.
• Shanghai Futures Exchange volumes are surging. They have begun after-hours trading, in order to compete with the West and to prevent price manipulation. The exchange officials have announced a plan to slash contract margin requirements. On June 25th, the Chinese bourse reduced margin requirements for the precious metals futures contract to 4% from 7%. Contrast to the New York scummy practice of raising margin requirements in a falling market.
• The Shanghai Gold Exchange moved a record 83.4 million oz of silver in May alone.
• New Gold exchanges are opening in Singapore and South Korea to meet Asian demand. The Asian nations no longer wish to be associated with New York and London, where the markets are corrupt. Even Russia announced a new Gold exchange. Expect pan-Asian gold demand to continue to pressure prices and to widen price gaps.
• China is on an acquisition binge to purchase or merge with Western mining firms. They clearly wish to secure a supply chain, and to exploit the low market cap valuations of the big Western mining firms. Regard both moves as unintended consequences of the criminal price suppression in the gold market by the Anglo bankers.
• The Reserve Bank of India has created numerous obstacles to halt the enormous import of gold, which is seeing torrid growth. The Indian Rupee currency has fallen as a result of the trade imbalance. Banks are banned from gold sales. Import duties have been imposed by the Indian Govt. Smuggling has ramped up in a major way, a long tradition.
• In the first five months last year, India imported 1900 tons of Silver. So far in the first five months of year 2013, India has imported 2400 tons, a 26% comparable increase. Contrast to the global annual silver mining output at 25,000 tons. Extrapolate to find India on track to take out 5760 tons of silver this year. Therefore India is on track to grab 23% of global silver production.
• The repatriation phenomenon has changed the Gold world. Germany and several other nations have officially requested the return of their gold held in official accounts. The New York and London banks are dragging their feet in a criminal manner. New wars have been declared in order to provide the supply, as in Mali.
• Numerous anecdotes of huge volume of gold coins are being purchased in Turkey, with premium prices paid. Turkey has an historical role as the primary gold supplier to the entire Moslem world. They will spearhead the Gold Intermediary Bank role when the Gold Trade Settlement standard is finally put in place and goes into practice. The Ankara banks have been working with Iran for over a year as key gold intermediary, working around the USGovt sanctions, facilitating trade for Iran.
• The Chinese Gold demand through its Hong Kong window is doubling every year for the last four years. The full year 2012 saw 573 tons imported. Given the first five months had 413 tons imported, the extrapolated full 2013 year is expected to be around 992 tons. Soon China through its HK window will demand the entire global gold mine output, perhaps their plan to crush the Anglo bankers and drive them into the streets.