Ted Butler has been investigating and following silver manipulation and the manipulation of the precious metal markets for the past 20 years. In this video his analysis pulls the curtain away and exposes the manner and mechanisms of manipulation. He feels you can trace the weakness in the precious metals directly to the derivatives market. Ted says that if you know how to read government reports you will see they clearly show large traders are manipulating the markets.
In this interview Chris discusses with silver expert Ted Butler the real culprit behind the wild price changes that have plagued silver: Silver manipulation is caused by unfairly concentrated positions within the derivatives market.
One of the telling indicators he believes that shows the dire shortage of physical silver is physical silver being transferred in and out of warehouses at a furious pace as toght supplies are juggled between warehouses.
Gold is being transferred from west to east for the last three years. This flow of gold to China, Russia and Europe will cause problems for both the markets and for governments.
The supply of silver is limited and paper silver can only trump the physical for a limited amount of time. In the end however physical silver will trump paper silver. The paper market prices are so low they are often close to or below the cost silver miners can mine and still make a profit. If they can’t mine at a profit they will slow down or stop mining and that means a reduced supply in the future. Silver has significant industrial uses that are increasing the demand on a limited supply. One of the increasing industrial demands that is going to consume a tremendous amount of silver is solar energy. Each solar panel requires silver. You have probably read that China, in the recent climate agreement, committed to making 25% of their energy supply being renewable. Twenty-five percent of China’s energy needs means they are going to be building a renewable energy source equal to the entire energy output of the US. There’s an addition climate summit going to take place in South America and the conclusion I’m sure they will be coming to is that more energy has to be coming from renewable sources which of course means more solar panels and a need for more silver. There is also increasing industrial demand for silver from the new developing antibacterial applications.
Full Description and comments at: http://www.peakprosperity.com/podcast/88558/ted-butler-silver-nightmare-will-over-soon
Video Rating: 4 / 5