Ben Davies - Hinde Capital audio interview on King World News- August 25th
Also his recent paper Silver Velocity - The Coming Bullet
- Market is coiling and trend ready. A substantial break to the upside in the price of silver is coming.
- China and other emerging countries will be driving the price of gold and silver higher.
- Would not be surprised to see a lot of gold and silver Pandas around in the world in the next few years.
- We will look back and view this summer as 'the defining moment' for gold and silver
- There just isn't enough silver to go around, and the price is being held down by a couple of the large bullion banks.
- We have seen silver above ground inventories move from 10 to 6 Billion ounces and that is now only 500 million ounces.
- We are now short 150 to 200 million ounces a year to satisfy demand.
- The short side of the market will be pressured going forward.
- The price explosion has not happened yet but we are near the zenith point where paper will no longer control the silver price.
- The seasonals provide a fantastic backdrop for an explosive silver rally after option expiry it could be game on for September.
- We are entering a world of 'beggar thy neighbor' currency devaluations
- We are brewing to a substantial upside break in gold price of 400-500 dollars.
- The unwind of the silver shorts is going to lead to updays in silver of two, three, four dollars.
