The Silver Bear video series (Part V), with a list of Black Swans to justify a rapid move in silver prices, was posted on March 25th, 2011. Silver was trading just over $37.00 an ounce. On April 22nd, 2011, silver traded just over $47.00. Watch Silver in Real Time on PMBull: Free Real-Time Silver Charts. How many of these events are still in play? Watch the original video.
A Complete List of Black Swans Presented by the Bears:
- Is Greece broke again? – Yes
- Will the ECB print more money? – Yes
- Is the state of Illinois bankrupt? – Yes
- Is the housing market getting worse? – Yes
- Is the 3rd largest economy swimming in radiation soup? – Yes
- Is Yemen ready to protest? – Yes
- Can Ben Bernanke raise rates? – No
- CAN Ben Bernanke raise rates within 15 minutes to quell inflation? – No, but he thinks he can
- Is Chinese demand for gold and silver off the charts? – Yes
- Is Portugal ready to fail? – Already Happened
- Is California ready to fail? – Yes
- Are we gaining more jobs?- No
- Can the CME keep raising margin requirements? – Yes, they will [unintelligible] Blythe is in deep [expletive]
- Is Egypt now a democracy and all is OK? – No
- Is the Bank of Japan printing more Yen than we have ever seen in history? – Yes
- Is there 15 Kilograms of Silver in each Tomahawk missile? – Yes
- How many missiles did we launch into Libya? – 112
- Is the U.S. Dollar ready to puke out within two months? – Yes
- Is Florida ready to commit suicide? – Yes
- Is Spain fixed? – Absolutely not
- Did the IMF just prepare for a thread to the International Monetary System? – March 24th, yes
- Is Ireland all fixed up? – No it’s worse
- Is SLB out of metal? – Yes, for sure
- Is silver still in backwardation? – Yes
- Is Israel ready to wage all out war with anybody it wants to? – Yes, already doing it
- Is Benjamin Bernanke going to print more Benjamins for QE3 through QE1000? – Yes
- Is England’s inflation 4.4%? – Yes
- Is England’s inflation higher than Zimbabwe’s? – Yes
- Is the great Ponzi House of Cards money printing, sheeple fleecing, middle class skinning game about to end?
– I guess so - Is the COMEX on its last little Blythe legs? – Yes, still unsure if the will get out of March alive
- Is GLD washing their paper with the gold COMEX now too? – Yes, it’s running dry soon
- Is US inflation running on pace for 8.3%? – Yes
- Is J.P. Morgan still short in the same amount of contracts? – Yes
- Has the Bank of England leased all of the GLD gold out [off short?] – Yes, they will be pissed when they can’t get it back
- Is Syria next on the map? – Yes
- Is ZeroHedge.com the merchant of truth? – Instead of praising Allah, I’d praise ZeroHedge now
Conclusion: “So there you have it. A few reasons why silver is going to $50 by end of Summer.”
How did they do? We have $3.00 to go and who knows what happens Monday, but I’d give them an A+!
