The silver market is showing signs of bullish strain and an incredible opportunity is being presented to you. I’m a staunch silver advocate and it’s time for an update right now. Silver stands to outperform gold as the long term precious metal bull market continues to unfold.The price of silver, along with gold, is kept under wraps by officials of the New York COMEX market, aka CRIMEX. The old boy network which runs CRIMEX have whipsawed the market in their desired direction for decades and profited accordingly. These actions are government sanctioned because precious metals are competition to un-backed fiat money. State mandated fiat is so weak and poorly designed that it cannot stand competitors.

For quite some time I was interested in recommending that my readers invest in Russia. I still had concerns about some political issues and organized crime in the country.  Most experts out there tell people to stay away from Russia, so I knew I had to do further research myself.

“Negative growth,” says newspapers.

Just like Friday morning, gold blasted out of the starting gate as soon as Globex trading began in the Far East on Monday morning. And just like Friday morning, this price spike ran into a wall of selling that went on for about four hours. Then there was a respite until 3:00 a.m. New York time when another wave of selling commenced that lasted right through London…and until the Comex open. Then the dealers (mostly JPMorgan, I would think) pulled their bids for the third and last time…and the price of gold cratered another $10…for the third and last time. Silver really got it in the neck on the Comex open. There was nothing free market about this…this was the…

On New Years eve day, gold got sold off in the Far East a bit…and then the down trend accelerated through London trading, with the bottom being the London p.m. gold fix. From there…and to everyone’s surprise…the price took off to the upside with some real authority. True, there hadn’t been a lot of volume up until that point, but that changed from the London p.m. fix until the close of trading in New York. Silver’s chart was very similar, with the metal turning in an outstanding day as well. Gold put in an “outside day key reversal to the upside”…which is a very bullish technical indicator. The boyz have never…ever…allowed this technical indicator to work in gold…and have taken…

It was a mixed day for the precious metals as gold rose, but silver and platinum were both down slightly. Gold traded up during the pre-dawn hours before reaching an intraday high $851.22/oz. during the NYMEX session. While prices trended downward throughout afternoon trading gold still posted a gain of $9.90 to finish at $847.80/oz.

Buy gold, silver and oil as fast as you can, you morons, or die a horrible death by inflation like the people of Zimbabwe!

The gold bottom for the day was in shortly after London opened yesterday morning. Any attempt by the gold price to go parabolic was snuffed out by the not-for-profit seller(s). Gold only gained $10 by the time the Comex closed for the day. However, in after hours trading, it was a whole new ball game. Gold tacked on $35 in two hours…and at that point the bullion bank(s) pulled the pin and the gold price dropped $20 in just a few minutes. The rally attempt during the Sydney open this morning also ran into ‘resistance’…and gold is down about $11 as I fire this off to my editor (4:20 a.m. NY time).

Silver was a whole different story. There wasn’t a…

Why are precious metals moving upwards? After all, the market smashed them down all summer as the dollar strengthened. The short answer is that right now gold and silver are the only decent game in town.

Sovereign Society members and readers often ask me if there’s any U.S. law that forces them to report their gold, silver or other precious metals to the U.S. government – especially if they hold those precious metals in foreign accounts or safety deposit boxes.