speman supplier in uk toradol without prescription miami arimidex prices in india pariet online from india orlistat uk reviews cymbalta without a script differin on line no script rumalaya forte legal us lisinopril 20 mg sale is there a drug comparative to lamictal very cheap renagel dapoxetine woldwide shipping best price prilosec ventolin tablets australia cost of hyzaar without insurance strattera tablets 40mg eurax hydrocortisone side effects generic zerit uk paypal furosemide side effects nhs paroxetine generic health midamor no prrescription phone in order for ranitidine cost of generic wellbutrin at walmart best pariet prices orlistat generico mexico buy viagra for women drug famvir dose for herpes simplex best medication for anxiety during pregnancy lotrisone brand order is zantac 150 mg over the counter what does amaryllis look like better than aricept viagra and blood pressure medications noroxin price australia can you buy viagra in eygpt genuine alligator shoes kids cytotec for sale in baguio can i get high from furosemide suppliers of quibron-t in us what does fertomid 50 mg do buy generic tetracycline online zocor no prescription canada nimotop weight gain dosis aciclovir para herpes zoster trazodone uk next day delivery cheap elavil canadian pharmacy prandin for dogs buy cytotec no prescription elocon cream ointment medicine buy over the counter voveran sr online requip express canada adjusting synthroid dose based on tsh allegra paypal buy nizoral online us no prescription pyridium capsules we are young chords low aciphex erosive ppi acheter midamor pas cher buy danazol fast shipping cheap singulair 4mg long term side effects of zoloft in children viagra reviews patients buy pure hyaluronic acid serum buy aciclovir paypal accepted buy zovirax without rx calan best price boots chemist beconase cymbalta online mexico veterinary drugs online uk no rx female viagra online lansoprazole 15mg capsules cephalexin shipping overseas order citalopram on line canada overnight top offers online order pariet buy combivent pills online purchase prednisolone 5mg dogs cheap revatio mg endep order online buy paxil cr no prescription the online drugstore motrin does ranitidine cause weight gain dapoxetine hydrochloride dose how to take actonel with calcium over the counter asthma medication 2013 actos delivery erowid prescription clozaril price clozaril combination schizophrenia purchase roxithromycin pills cvs canada online drugs benfotiamine lawsuit canada tamoxifen generic brand name generic norvasc usa missed dose synthroid symptoms order toradol overnight comprar trimox original en madrid alli kapseln online bestellen seroquel over counter purim usa cvs prices diamox 100mg buy purchase fucidin in australia all types shallaki pills where do i zoloft in usa buy yasmin usa liv online overnight mail order flagyl online accutane prescription requirements precio viagra farmacia espan~a cost of bupropion xl 300 mg seroquel side effects rx list purchase colchicine in us brand viagra online canada pharmacy voltaren gel price nz alphagan p rxlist what is aciphex rabeprazole sodium used for diovan cost 320 mg diclofenac medication class se comprar viagra farmacia buy motrin quick generic neurontin side effects brahmi without a script order generic plavix canada aetna cvs mail order pharmacy vermox plus puedo tomar alcohol what does calcium carbonate do to water can you take sustiva daily keppra mims australia cheap glucophage buy levaquin antibiotic shelf life bactrim barato clomid medicine pregnancy mexitil online no prescription over the counter voveran keppra without insurance how to get proscar in australia where to buy generic actos generic apcalis sx paypal onde comprar viagra generico pela internet robaxin online meds buy live rock online australia overseas pharmacy no prescription penegra legal to buy fluoxetine lipitor no prescription cheap price dose of atrovent in children khadi amla & brahmi oil reviews buy generic ginseng cafergot pills online in the india proscar without prescription miami generic lasuna buy canada floxin pills drugstore nitroglycerin tablets generic name is it illegal to order generic ponstel crestor statin cardura xl 4 mg side effects what is bupropion side effects buy cozaar next day order deltasone overnight colchicine tablets us online skyrim meridia;s beacon quest canadian norvasc benefits of acai berry pills venlor capsules nexium for men in usa where can i buy alesse tablets legal buy zestoretic online canada best university pharmacy canada buy actonel usa generic proscar no prescription arimidex australia buy levitra super active comprar pyridium plus discontinued bactrim in the uk do generic plan b pills work betnovate wanted online review side effects of olmesartan can you buy order altace perscription where to torsemide motilium over counter uk can you take didronel daily trazodone tired next day genuine rumalaya forte 100mg is generic meclizine available in usa rechargeable lithium batteries for sale antivert australia pharmacy generic zanaflex capsules what is tadalafil zebeta prices can i drink on amoxicillin 875 mg does allegra affect birth control pills what is the prescription drug cephalexin used for hcg weight loss injections in pakistan tenormin mite 50mg the online drugstore endep generic for cymbalta 2013 american lithium minerals inc amlm cheap levaquin 40 mg genuine keftab 100mg buy ponstel pills online where amitriptyline watch brahmi gadi katha online dvd triamterene billig kaufen how to get viagra on nhs womens viagra uk best place to buy inderal lotensin online purchase where can i get propecia nhs emsam to buy in australia new allies transport ltd mexican viagra triangle fluoxetine tablets wikipedia buy generic buspar flonase new zealand pharmacy maxalt side effects pregnancy what symptoms does prevacid treat generic cleocin ovules is it safe to order famvir side effects of super kamagra order vpxl lowest price where to get moduretic zestoretic over counter how much will zyrtec cost remedio sertralina 50mg emagrece cefixime 400 mg uk isoniazid online australia generic atrovent medrol pack cost buy cephalexin 500mg canada cheap viagra canada no prescription buy buspar no prescription to buy cholestoplex in uk can get propecia nhs benicar from usa tamoxifen coupons cialis jelly generic wikipedia drugs betnovate c skin cream for pimple marks levitra reviews 2012 motilium price india tegaserod when is actos going generic drugs generic decadron no prescription toradol online store vardenafil 40 mg letrozole online no prescription cheapest brand levitra tablets uk effexor xr discount program price of viagra in sri lanka cheapest acai slim bactroban comprar worldwide pharmacy protonix generic indocin no prescription order aciphex generic pharmacy 24 media tumblr love super viagra onloine long term side effects of sinequan zithromax side effects in children cytoxan shortage long term side effects of bystolic voveran sr 100 review buy alli 120 count online individually canadian glucotrol xl online what is phenergan injection used for nootropil buy online uk liv visa ran-ciprofloxacin 500mg side effects buy forzest in australia buy suhagra 50 levlen online sales onde comprar benadryl sarafem pct buy minipress without prescription pills best place buy viagra online uk viagra plus cheap uk costco leicester application form what is effexor good for where can i buy doxycycline over the counter botanical slimming tablets differin adapalene cream 0.1 reviews cheap prograf india generic chloromycetin cost accutane pill for acne what is prilosec for gastritis what is the molecular formula of calcium carbonate lamictal price yagara looking for lotrisone from canada lincocin canada drug store buy viagra online overnight taking clomid for late ovulation buy prograf decadron by mail order proscar order canada western drug terramycin where to cleocin pyridium order on web kamagra oral jelly not generic what is prednisone 20 mg tablets what type of medication is bystolic cialis jelly india list of non prescription drugs in india buy cabgolin new zealand online orlistat prescription strength trandate online store procardia drug store online where can i buy revatio in canada buy cleocin next day free or low cost lopid overseas pharmacy no prescription starlix erythromycin medicine bottle meclizine 1000 clorhidrato de amantadina mecanismo de accion pravachol 40 mg pharmacy zyrtec by mail order the online drugstore betoptic para que sirve diclofenaco sodico 100 mg floxin comprar walmart pharmacy celebrex cialis side effects of diclofenac 50mg sinequan pill shop discount code generic tetracycline uk paypal buy cordarone boots pharmacy midamor price buy alphagan with glaucoma brimonidine tartrate manly sildenafil citrate tablets cooper pharma cytotec without prescription buy lioresal from mexico online how to get clomid uk skelaxin online bestellen mifepristone and misoprostol in india cost allegra prescription coupon retin a wrinkles under eyes prescriptionless cytotec is mail order benfotiamine safe tretinoin 0,05 over counter pill rx health valtrex products atrovent dose pediatric how to take fml forte mg tinidazole 500mg tablets is nolvadex legal in the uk buy cabgolin inhaler canada ginseng capsules dosage max dose of zocor with norvasc Purchase cialis 5 mg online desyrel weight gain how long does accutane take to see results morning after pill effectiveness after 72 hours red ginseng capsules benefits buy zofran 10 write rx zithromax purchase exelon patch types water pills high blood pressure side effects of paroxetine hcl 20 mg topamax delivery ciplox drugs online purchases benadryl usa rogaine 5 lawsuit to buy nexium in uk nexium packets shortage generic viagra topamax dosage instructions anafranil 25 mg clomipramine vasotec sale prescription rhinocort aqua nasal spray over counter us online pharmacy no prescription lynoral can order tretinoin 0,025 canada premarin cheap depo provera generic side effects what is cardura tablets rosuvastatin calcium 40 mg how to buy cialis soft bajaj brahmi amla hair oil price what does inderal overseas pharmacy no prescription femcare cheap amaryllis bulbs buy canada drugs purinethol with paypal payment my prinivil coupons order capoten tablets cheap paroxetine usa purchase generic motrin lithium 20 mg buy fluoxetine online india generic fucidin usa buy generic ciplox max effexor xr doses breeders cup 2011 lasix buying antabuse for dogs generic for ciprodex paxil pharmacies accutane online canada what two medications are in vytorin buy doxycycline in india online where do i lisinopril in uk buy motrin online with mastercard etodolac noprescrition needed usa online pharmacy buy forzest pills online antabuse indiana cephalexin for dogs hot spots femara pcos side effects prescription solutions careers overland park propecia generic walgreens atacand tablets 40mg cheap zebeta sale uk altace mail order india how to import glycomet where do i plavix in india generic bentyl pictures lamictal medicine online cheapest hotels in liverpool centre viagra se puede comprar en farmacia forzest mg price what is alphagan eye drops used for cheap viagra mg alli diet aid walmart order elocon tablets liv generico online buy tadapox 100 what is prazosin drugs celebrex 200 mg dosage female cialis paypal can you buy viagra over the counter in dubai canadian alli diet pill available in canada cheap sarafem usa better than ralista proscar in croatia where can i get vpxl prescription medicine for acne and pimples buy cialis professional online australia no prescription buy alavert d cost of viagra at tesco buy tricor generic lowest price finax tetracycline tablets 500mg intrinsic asthma triggers buy fluoxetine from india best place to buy cialis professional in canada himalaya serpina tablets prednisone 20mg for asthma order nizagara online canada isotretinoin buy no prescription tadalafil available usa wellbutrin drug class hyzaar cost comparison best price for 20 mg cialis diltiazem without prescription miami cheapest place order viagra trial viagra coupons pamelor buy canada buy flonase online prescription sinemet medication manufacturer best levitra professional prices prescription buy albendazole in india online comparison viagra levitra cialis where to find dramamine online pharmacy reviewer forum buy lisinopril australia buy generic adderall online no prescription how to import bentyl colchicine order no prescription lloyds pharmacy store locator leicester cheap propecia 5mg online buy singulair with no rx is there a generic drug for actonel ceftin australia price levitra 10 mg 2 tablet cost comparison generic silagra viagra flovent inhaler sale fenofibrate micronized 67 mg capsule canada buy differin without prescription viagra plus generic levitra 20mg alavert generic name amantadine ships from india sominex rxlist 1 Purchase online aciphex mg percocet 30 wiki buy toradol 5 how does cabergoline prevent ohss clavamox 500 untuk ibu hamil trusted online pharmacy no rx zenegra with no rx buy pain meds online without rx cheap keftab buy online buy over the counter aristocort online lasix online pharmacies with out prescription buy cheap glucophage pills european oncology pharmacy association viagra jelly mg tablet typical prednisolone dose for asthma doxycycl hyc 100mg side effects dostinex mais barato em curitiba american alligator facts national geographic buy atarax allergy cheap generic prednisone discounted tb medication isoniazid retin-a ge uses medication does viagra work for girls diovan best price generic pills for triamterene premarin 0.3 mg tablet buy contacts online no prescription uk what is meloxicam 15 mg tab used for cheap genuine endep online buy elocon online safely clomid pregnancy test buy valacyclovir hcl online buy phenergan visa how to purchase biaxin relafen refills buy arjuna no prescription pharmacy reviewer forum drugs ono la florida aravaca hydrochlorothiazide 25 mg and weight loss generic for nolvadex quiero comprar tegretol how to order plendil online cheap cialis brand name fertomid comprare to buy silagra in uk emsam comprare where can i purchase suprax order ginseng 120 mg can you buy voveran over the counter in germany buy minocycline 5 how to take nolvadex and clomid thalidomide history in australia donde comprar capoten ortho tri cyclen generic india cheap pharmacy online uk plavix 75mg side effects uk buy femara without prescription lov cost etodolac erection packs 21 by mail accutane reviews nhs can you only get levothroid on prescription overnight delivery alphagan online legal to buy aldactone cialis originale farmacia italiana erythromycin without a prescription from mexico india avodart price noroxin prix en pharmacie en france arimidex steroid cycle avalide tablets us online doxycycl hyc 100mg acne reviews diovan novartis 80 mg buy bactroban without a script comprar viagra pela internet western drug propranolol online generic aricept where to buy calcium carbonate powder buy metformin online no prescription canada can i get high off synthroid buy worldwide clonidine cheap comprar viagra para mujer chloromycetin roche precio argentina prednisone dose for dogs with addison;s buy crestor online no prescription us anxiety uk twitter quick delivery viagra online nitrofurantoin 100mg tablets side effects augmentin generico equivalente purchase tadalis sx pills where to buy live chickens in san diego phenergan 12.5 mg tablets yasmin buy online australia hydrochlorothiazide usa sale singulair online usa no prescription where can i buy diuretic lasix order alesse usa online voltaren gel cvs pharmacy coupons nizagara generic australia overnight professional viagra delivery without prescription buy exelon from india sumycin brand order cialis generico online paypal viagra side effects reviews is it illegal to order generic atacand buy lisinopril online no prescription united states best pharmacy to order voveran sr buy colospa without rx canadian revia tablet methotrexate ectopic detrol la 4mg tolterodine tartrate buy anafranil pills where to purchase plendil where to buy colospa mail order generic endep comprar sominex pela internet canadian pharmacy purinethol can i get famvir over the counter buy cheap pain meds online no prescription cheap genuine coreg online generic bentyl safe generic name for sinemet buy ciplox visa buy cheap aciphex online quality zestril how to buy free coupon for combivent why is there a shortage of trazodone low cost promethazine how much does accutane cost in the uk kamagra now net approved revatio sale cialis 20mg evista pills online in the mexico signs of chlamydia in the eyes buy generic lamisil with bonus fluoxetine prescription cost what is olanzapine tablets for co-atorvastatin 80 mg order ditropan cheap buy hyzaar inhaler canada benicar on line generika propecia bestellen side effects of zofran in pregnancy order cheap sale arjuna low enhancement drugs for athletes female viagra uk boots levaquin free shipping dosis de las pastillas cytotec second round of clomid success stories blopress online in usa levothroid 50mg tablets fincar where to purchase order cheap viagra online pharmacie middlesbrough zyprexa reviews where to get propecia from age limit taking viagra can you buy rhinocort over the counter in germany antiviral acyclovir side effects viagra professional daily use reviews pharmacy rx 17 augmentin dose for adults houses for sale artane dublin ortho tri-cyclen pharmacy prices list cialis generico eldepryl with paypal payment cialis professional for dogs buy how to buy gold in marvel avengers alliance natural viagra ice cream plendil 100 mg trental infusion dose avalide medication online exelon corporation stock price history remeron for sale australia online pharmacy glucotrol xl ciprofloxacin milk products vendita di viagra line vente de dutas au quebec buy paroxetine quick hoodia discount voucher can you buy arava ponstel medication cost side effects maxalt tablets zyvox results forum what is alli simpson tumblr theme my nizoral coupons cephalexin 1000 mg dosage grifulvin v usa sale actoplus met cheap us pharmacy buying prazosin using paypal allegra mcevedy chilli low price albendazole uk lexapro 20 mg dose actos no prescription canada cheapest viagra sublingual to buy diclofenac gel 100mg cheep endep for sale philippines where can i get maxalt pills cheap genuine cialis jelly online cost comparison pharmacy generic suhagra cymbalta reviews australia buy calan 100mg online what causes low digoxin levels motilium tablets dosage for children exelon cost without insurance content marketing examples discount code for antabuse fast cialis jelly delivery fast acting 20 mg cialis from cannada coversyl plus buy procardia online with mastercard rx online reviews buy tomtom go live 1005 buy cefadroxil online amazon non prescription vasotec compra cialis generico in italia can you order metoclopramide ponstel pill shortage when did zyrtec become over the counter motrin 1b dosage imuran myasthenia gravis reviews cheap car insurance uk procardia discount coupon top 10 online zofran sites chloramphenicol ordering no prescription zyvox 30 mg buy generic atacand overseas pharmacy no prescription tenormin prazosin 20 mg discount extendaquin mg what is the generic for flonase lov cost hyaluronic acid allopurinol medication side effects indian pharmacy nitroglycerin z pack side effects anxiety buy tretinoin 0 025 visa what is seroquel used for drugs generic name for luvox over the counter cholestoplex propecia visage onde comprar clomid i pill v-gel website fosamax once monthly dose adderall buy online uk what is elavil where can i buy cheap doxycycline femcare no prescription canada v-gel without a prescription ivermectin scabies uk cafergot usa no prescription zanaflex 4mg side effects promethazine codeine syrup dosage erowid fastest aristocort uk delivery buy viagra sublingual online usa buy over the counter ginette-35 online what is glucophage 500mg for buy celexa mg where can i buy geriforte syrup tramadol us pharmacy overnight acai berry diet reviews uk canada pham is it legal to buy kamagra buying betoptic in manchester buy azulfidine mexican pharmacies long term side effects of taking amitriptyline calan not generic viagra generic predictions zoloft billig kaufen retino-a cream 0,05 uk buy online pharmacy cleocin buy lipitor mexico lamisil online from usa cardizem medication overnight delivery fluoxetine hydrochloride 20 mg and alcohol suprax cefixime tablets buy reglan without a prescription from canadian pharmacy canada and erythromycin can buy viagra canada over counter best place to buy gernic cialis drugstore order clozaril purchase lexapro pills costco opening times leeds himplasia drug class order differin online without rx where to buy augmentin online india how to use alavert buy hong kong bestellen flovent 125mcg side effects lipitor 20 mg how to order didronel buy colospa mg brand cialis sale auk 20mg cialisis generico en usa tofranil spain over counter tetracycline reviews acne drugstore hydrochlorothiazide buy hyzaar side effects of lisinopril 10 mg in women doxycycline sublingual dosage medication similar to effexor xr feldene gel pfizer eulexin pill shop discount code promethazine codeine buy online snorting gabapentin recreational how to get compazine on line lorazepam no prescription canada buy buspar 30 mg buy generic priligy how to use confidor can you get over the counter antabuse without buying combivent online voglibose metformin combination brands in india tinidazole generic canada half price sinequan is shallaki available over the counter where do alligators live in the sewers cheapest voltaren in the uk compazine suppository dose tinidazole purchase in canada no prescription cipro xr 500 mg dosage research grade anacin buy adalat online in usa cheap generic citalopram amitriptyline buy online no prescription pharmacy where to buy arimidex canadian health services research foundation commitment and care where can i buy clomid online in the uk terramycin dosage recommended where to get viagra soft seroxat paroxetine hydrochloride how to get serophene drug reviews on alli weight loss pills insulin tolerance test growth hormone deficiency prednisone dosepak side effects buy depression pills online antibiotics for dogs online no prescription order toprol xl medication by mail acheter pas cher atarax prednisone 20 mg oral tablet seroquel legal in england pharmacy that sells amitriptyline cialis contact information synthroid dose for dogs world select pharmacy coupon code can i get cialis can you take tenormin daily cheap depakote uk overnight cod drugs from mexico facts luvox usa sale hyzaar generic release date hyde park kroger pharmacy cincinnati white oval pill that says watson 540 buying venlor in manchester meclizine cost without insurance lopid 600 mg is there withdrawal from trazodone cold yasmin pills sweat can i take mebendazole in pregnancy post cycle therapy inderal comprar zyban en argentina meclizine 12.5 mg rx tablets generic cabgolin uk paypal adverse side effects of propecia nexium maximum daily dose purchasing albenza online uk antabuse overnight shipping cheap to buy provera what is meclizine hcl used to treat pharmacy has best price haldol can you buy acivir pills mg pharmacy buy orlistat generic drugstore makeup blog names of antibiotics for acne brand cialis online in canada singulair drugstore.com slimming tablets female viagra can you order prednisolone drugs all types alavert pills difference between 50mg and 100mg viagra glucophage by mail nizagara no rx azulfidine sublingual dosage how to use lithium cheap mobic pills phenamax shopping can you get malaria while taking lariam best online pharmacy generic dulcolax micardis delivery london celexa 10 mg dosage max glucophage dosage trental tablets online birth control pills ortho tri cyclen lo prednisone online in usa does zovirax cause weight gain aspirin 100mg cheep tamoxifen without ditropan tablets us online what does florinef side effects of ethionamide viagra jelly best price pyridium for discount order generic forzest albuterol sulfate inhalation solution 0.083 adults propecia finasteride price cefixime suspension cost where to get dostinex levaquin prescription information buy cheap femara online order ed drugs online relafen shopping ciprofloxacin milk magnesia over counter aldactone order avodart doxycycline generic mexico acheter du viagra en suisse sans ordonnance safe place order ginette-35 is it safe to order revia nimotop order in the us remeron next day shipping where to purchase accutane online buy pyridium 100 is propecia legal in uk can you buy seroflo over the counter in germany buy aricept online uk overnight delivery prograf with no rx piracetam experience report order zerit online rhinathiol for children and infants recommended dosage of zofran for pregnancy switching from celexa to luvox how much is nolvadex cost buy diclofenac singapore wellbutrin sr supplier in uk list of tesco stores selling coreg medication flovent inhaler finasteride uk nhs buy prednisolone online for pet orlistat tablets uses how to take yasmin pills quinine tablets for sale kaiser permanente prescriptions by mail how to order buy alli weight loss approved reglan lowest price ponstel to buy from europe revia daily use reviews side effects of yasmin vet-vipps online pharmacy cheapest place to buy d allegra order sexi shop cialis baclofen australia allegra printing show low az ditropan uk next day delivery generic hyzaar usa can youtube buy cheap generic cyklokapron aceon billig kaufen purchasing florinef online evista where to purchase elavil online in uk can you buy bentyl over counter rogaine 2 for sale buy cymbalta perth australia rumalaya forte shelf life order clomid medication by mail aldactone prescription effects drug information lexapro withdrawal wikipedia where to pletal skelaxin wanted online review buy viagra without prescriptions uk top 10 online cholestoplex sites prometrium price comparison purchase alligator head cytotec online legally dipyridamole online sales buy zyban new zealand online pioglitazone and bladder cancer the pros and cons can you still buy hydrocodone online resources for independent living inc richmond claritin prolonged usage fastest way to get clomid relafen overnight delivery buy effexor xr pills in the us female viagra (sildenafil citrate) abana mg tablet promethazine and codeine cough syrup street value order tretinoin 0,025 online uk can we trust colospa online meclizine online pharmacy uk femara on line in the india buy prograf 1 mg cialis generico italiano doxycycline generic brands lamisil tablets side effects australia buy benicar boots pharmacy benzac prices cvs medicine bactroban cream i pill decadron website online pharmacy uk xalatan buy nizoral patch search history ipad how long does keppra take to work order lanoxin from canada without prescription buy aciclovir tablets 400mg without perscription buy grifulvin v no prescription fast delivery mobic brand order western drug antabuse vytorin 40mg cost of lexapro 10 mg without insurance buy atarax hong kong generic buy meclizine in india online where can i order nizoral what does shatavari plus do missed dose of depakote er is it safe to order zofran reglan lawsuit buy zoloft hong kong retin-a 0,05 drug class buy torsemide 100 keftab pill shop discount code buy aricept low cheap price get best pills naprosyn generico italiano what is the medicine zyprexa used for actoplus met online canada cialis super active echeck atarax buy on line seroquel no prescription compare prices uses for zoloft medication haldol dose for hiccups generic for cafergot best calcium carbonate prices naprosyn sr 750 mg 10 tablet non persciption colospa buy actos with pharmacy levitra professional costco buy trileptal hong kong prescription buy zestril tablets lincocin overnight delivery voltaren 50 mg side effects is generic digoxin available in usa cialis soft medication side effects retin-a 0,025 prescription coupon what types of atrovent are there buy benicar cheap drugs blood pressure acticin 100mg cheap doxazosin drug canadian pharmacy differin cream over counter is cytotec available in qatar to buy betnovate in uk prilosec what is it used for cheap genuine tretinoin 0,05 online zenegra online legally canadian pharmacy levitra super active common side effects of biaxin buy sumycin capsules buy betapace 50 buy nizagara tablets us femara uk buy pastillas redustat orlistat norvasc otc costco pharmacy atorlip-20 price rumalaya liniment shortage safe amantadine buy plavix coupon free trial bonsai ficus ginseng sale nizoral dose unica seroflo online usa no prescription lortab 5 wiki over the counter noroxin uk pharmacies online that sell depakote beat way to order vpxl cheapest celebrex 200mg minocin overnight shipping cheap stromectol 100mg cheep where to buy live chickens melbourne women viagra nasal spray thyroid medication for cats dose strattera reviews aspirin max dose 24 hours gliclazide 80mg metformin 500mg prevacid weight gain forums aleve for sale in canada cheapest levitra canada ordering viagra jelly here in canada sildenafil citrate 100 mg side effects how long does it take mobic to start working euro-pharmamedic tenormin how to buy prednisone mg tablets what is levoxyl taken for colchicine generic for eurax generic for how to buy serophene in london liposafe tablets side effects kamagra gold prices at costco tamoxifen 100 where can i buy xenical uk Purchase depakote 500mg online estrace weight gain side effects toradol maximum dosage synthroid generic equivalent xalatan eye drops coupons pacific care pharmacy canada order zyprexa on line canada mexitil 200 mg buy online cheap dutas sale uk abilify 5 mg depression rocaltrol generic reviews nolvadex medicines combivent drugstore.com buy tretinoin gel usp 0.025 purchase tofranil comprar viagra farmacia ahumada blopress mail order india weight loss alli diet pills cheap purchase aspirin flagyl from mexico purchase zyloprim online what is zetia used for the drug isoniazid western australia apo-baclofen uses speman pharmacy coupons get eurax toronto ceftin ordering online pharmacy keppra spain free cialis discount aciclovir buy albuterol cfc inhalers order deltasone 120 mg buying sildenafil citrate online generic kamagra chewable for sale on line where to buy cytotec online uk buy viagra florida furosemide shortage alli weight loss uk buy online pletal weight gain achat cialis paiement paypal can you buy benicar in ireland ginseng usa cvs prices ciplox tz price prescription mobic 100 mg better than geriforte syrup alphagan tablets 40mg i pill detrol website buyers of cialis jelly canada ciprobay 1000 discount nolvadex injectable ivermectin for chickens buy advair diskus online from india orlistat fda approval can crestor cause weight gain ceftin noprescrition needed usa online pharmacy generic from diltiazem zyvox 600 mg best price generic canadian pharmacy that sells xanax singulair 10 mg chewable what is the side effects of bystolic 10 mg micronase max dose buy yasmin in singapore licensed pharmacy kamagra ordering silagra canada antifungal pills over the counter walgreens prilosec coupons free printable rxlist valtrex where is the cheapest place to buy alli online pharmacy male viagra pills buy naprosyn with visa where can i buy viagra in england atarax common dosage mestinon usa generic name for bayer aspirin printable coupon alli diet pills tegretol for sale uk weight loss prescriptions in canada propecia generic name tegretol max dose buy generic cafergot online no prescription black cialis 800 mg how to by torsemide online can buy kamagra over counter canadian healthcare mall alligator snapping turtle for sale online alesse birth control pills canada order lipitor 120 mg what is meclizine hcl for non prescription olanzapine pharmacy acne breakout after accutane eldepryl billig kaufen colchicine pill shortage requip canada head office buy orlistat 120 mg femcare cost in canada colospa free shipping celebrex dosage per day buying urispas using paypal quinine sulphate tablets bp 300mg actoplus met india no prescription buy zenegra no prescription fast delivery sale aleve lasix furosemide mechanism of action viagra online canadian pharmacy paypal overnight cheapest requip paypal canadian family guy north pole phone in order for cytotec what is the generic for synthroid orlistat generic philippines shallaki roche precio argentina what is zyrtec used for in children etodolac tablets us online women viagra reviews is generic fluoxetine effective carafate uses in dogs where to buy aspirin ointment can order cefadroxil online buy dipyridamole online no prescription united states over the counter medicine like flagyl azithromycin z pack doses nitroglycerin pills side effects cialis generic vs. brand name how to import brand advair diskus buy phenamax next day where to buy mifepristone tablets cheap ventolin inhalers uk medrol 16 mg para que se usa trimix gel imitrex phone orders cefixime overnight pharmacy femara for sale uk best prices for allegra d diltiazem 360 cost seroquel medication dosage canadian online photo labs best price nizagara where to lynoral famvir order in the us buy fucidin in uk danazol where to get bromocriptine sumycin price india is tetracycline over the counter costo aciclovir tabletas 400 mg clomid birth control online uk buy emsam 10 what drug category is chloromycetin cheap medrol buy online canadian pharmacy zyvox professional by mail guaranteed cialis levitra ginseng kianpi pil weight gain what does bactroban cream treat can you buy viagra jelly in ireland canadian chewable buying generic propecia online cialis side effects low blood pressure methotrexate prescriptions keflex for sale australia voltaren medication dosage fertility clomid calculator no prescription atorlip-20 sale long term side effects of triamterene-hctz animas insulin pump xenical pills side effects accutane drug coupons pill rx health acivir products brand viagra jelly buy generic name for diltiazem zoloft reviews anxiety what does cytotec treat female viagra.com azithromycin alcohol how long after erection packs 3 with prescription salbutamol ventolin 2mg tablet best pet meds online generic malegra fxt uk paypal aciclovir italiano pharmacy has best price zyprexa buy phenergan quick flovent from usa famvir drug class order finast cheap cheapest place buy seroquel research grade advair diskus online pharmacy uk leukeran cipla medicines india uk version of dramamine amoxil uk sale are alligators and crocodiles dinosaurs canadian pharmacy cheap amoxil alesse overnight pharmacy fedex florida lasix cialis discontinued atrovent phone orders augmentin fast canada non prescription apcalis sx adalat components buy emsam cheap generic prednisone uk aspirin a day not good now foods hoodia review canada advair diskus tablets online amantadine for dogs dosage mail order generic pilex price increase finpecia viagra cialis same time over counter acticin buy obagi tretinoin cream in uk where eagles dare music cam you buy proventil canadian pharmacy viagra cheap pills actos shopping where can i buy strattera tablets where can i buy lisinopril tablets ditropan australia companies only how many mg of clomid to take for pct licensed pharmacy zanaflex motrin cold medicine what is buspar 10mg used for buying elocon for dogs how long does it take for remeron to kick in viagra bestellen ohne rezept schweiz reviews on vantin aetna mail order forms prescriptions antibiotics over the counter mail order pharmacy aa lithium ion batteries for sale buy generic phexin online propecia finasteride same levitra drug classification buy cheap aciclovir using pay pal colchicine prescription only probalan for men in usa pyridium for purchase viagra long wait after eating zyrtec brand positioning buy eurax 20 exelon nuclear employment long term side effects of tadapox is lopressor available over the counter haldol tabletten 1 mg can youtube buy levitra super active in ireland online 100 mg actonel deltasone delivery london cost of aricept in australia non prescription revatio best legal on line site to buy cialis xenical 120 gr viagra super active spain over counter ceftin no script ic ciprofloxacin hcl 500mg uses buy abilify lowest price nootropil online in usa natural substitute for doxycycline what are avapro tablets used for dosis de disgrasil buy flonase next day acai brand positioning can i take azithromycin for strep throat order generic keppra pariet now co uk albuterol inhaler without prescription lithium supplements over the counter abilify 15 mg tabletta phone number search free asthma in children nhs pharmacies discount order abana gasex drug class tricor online store how much does sinequan cost buy genuine meclizine uk fexofenadine 180 mg cvs online pharmacy uk famvir evecare 5mg tablets what kind of drug is micardis aldactone max dose what is the half life of stromectol levitra online sale uk version of torsemide is generic ventolin effective patient reviews on elavil low cost amantadine online view topic allegra d online coupons lidocaine infusion diflucan patient reviews cheap genuine oxytrol online suhagra tablet side effects xalatan eyelash growth buy abana with fast shipping actonel to buy in australia ordering ranitidine here in canada cheap lantus pen esomeprazole omeprazole differences cordarone injection deltasone 5 mg dose pack picture buy minocin online no prescription us cialis professional where can i buy viagra and high blood pressure tablets where is the beach in the celebrex commercial az canadian meds cheap crestor 20 mg cheap pharmacy fridges celebrex 200mg information no prescription toprol xl sale cheapest place to buy alphagan cialis jelly without script toprol xl cost in canada aleve drug class pharmaceutical council of nigeria how much nolvadex should i take for my pct motilium medication used cephalexin by mail nexium norxshop buy bactroban over the counter equivalent what symptoms does allegra d treat fexofenadine and pseudoephedrine isoniazid tablets 300 mg propecia dose cheap cytotec 40 mg levaquin price cvs where to buy levaquin online singulair pills side effect valacyclovir hcl 500 mg side effects central nervous diltiazem delivery london plavix express canada indian vermox remeron tablets uses levothyroxine and weight loss what is avodart made of liv cost disclosure betnovate cream generic name allpills net purchase viagra jelly lowest price tadacip dose what is azithromycin 250 mg tablets used for evista prescription medicine silagra drugs can get acai berry over counter how to get periactin drug why is there a shortage of tetracycline where to buy robaxin ointment terramycin for cats reviews amitriptyline uk companies only differin cheap us pharmacy how to make natural viagra retin-a 0,05 women buy aristocort over the couter where to buy valtrex in canada safely side effects of adalat 30 mg xl overnight no prescription pharmacys flonase tablets on line to buy pyridium drug class us pharmacy online lamisil premarin discounts ordering coversyl canada buy robaxin online from uk best site get cialis sublingual dosis recomendada de aciclovir para herpes genital remeron side effects go away himcocid non perscription countries all pain pills list viagra discreet delivery buying geriforte using paypal can mobic 15 mg get you high is generic v-gel effective best place buy levlen pct university michigan sports medicine back pain allegra printing salem levitra without methotrexate 100 review xalatan missed dose nike air max 95 cheap uk trazodone hcl 50 mg tablets kytril where can i buy it generic from zantac craigslist manchester nh cars rocaltrol weight gain how to use azulfidine target pharmacy express scripts healthy blood pressure 30 year old male sertraline withdrawal symptoms duration benzac online bestellen allopurinol rash frequency extendaquin express canada atenolol buy floxin lowest price low buy coreg medication carvedilol celexa india price medrol suppositories buy best place to buy torsemide accutane alcohol abuse aleve reviews amazon serophene for men in usa viagra professional cheapest rate get off allopurinol generic eulexin paypal prednisolone with paypal payment amitriptyline most common side effects benfotiamine over counter uk american heart association guidelines digoxin where to buy viagra jelly ointment cafergot in the uk brand amoxil pharmacy frozen acai berries australia topamax coupons 2012 amoxil shelf life ciplox max dose can you get pregnant on aldactone discount canadian pharmacy elimite arthrotec 75 reviews cleocin buy canada national insurance category lithium carbonate 300 mg price cozaar overnight shipping ampicillin cost comparison how to buy unisom in london allegra d canada no prescription where can i get viagra online yahoo purchase zyban price of arimidex in canada .05 tretinoin cream what is lisinopril taken for cystone online forum raloxifene side effects buy wellbutrin sr have no prescription best acne medicine besides accutane cheapest florinef tablets uk viramune doctors online florinef tablets dogs better than chloromycetin where to get lithium chloride buy viagra pills in the australia tamoxifen discount voucher generic zantac pregnancy dilantin and diet pills buy cordarone 100 kamagra soft where to get terbutaline tocolytic mechanism of action purchase diamox 500mg uroxatral 10 mg tablets cipro and alcohol interaction levitra purchase in canada no prescription buy diabecon australia astelin cost comparison rumalaya gel cheap uk best generic lisinopril sites over counter adalat yagara without prescription canada pilex kapsule cijena overseas pharmacy no prescription proventil vgr 100 blue pill atarax cheap price dapoxetine price uk shelf life of ampicillin plates benefits of saw palmetto pills aciphex from canada indian allegra lyrics let;s generic actoplus met 16 500 albuterol sulfate inhalation aerosol for sale doxycycline uses and dosage can you buy retin-a 0,05 zofran dose for pregnant women para que sirve el glucofage xr de 500 mg qsymia diet pill cost purchasing skelaxin online what does the parietal lobe do wikianswers coumadin therapy for atrial fibrillation danazol sale what is lamictal good for cialis uses side effects voltaren 100 sr cena bactrim tabletas 80 mg. 400 mg buy minocycline 200 acai australia price uses for lotrisone cream metformin 500 mg for pcos skelaxin discounts can i get high on bupropion buy cialis viagra levitra minocycline without nizoral cheap india pharmacy ordering amaryl uk how to buy zithromax online aricept without buy original cialis eurax lotion directions cefixime next day shipping indomethacin 50 mg oral capsule purchase lisinopril in mexico long term side effects of prednisolone in cats detrol online coumadin mail order topamax tablets 25 mg side effects alphagan dosage instructions do i need a prescription for clozaril where to buy propranolol online maximum dose viagra you can take purchase hydrochlorothiazide medication canada zoloft tablets online naprosyn 500mg pills zyvox 1000 mg vendita online viagra originale buy yasmin mg online lexapro for ocd can you only get cialis professional on prescription genuine lasuna best price pharmacy one jordan is there a natural alternative to viagra ivermectin for horses lice can order buspar online after sex pill in india brand levitra online price clorfenamina vademecum chile buy keppra paypal accepted herbal viagra women pleasure plus long time side effects of zoloft mobic paypal buy suprax visa buy acai online pharmacy purchase brand cialis in mexico cystone syrup price best buspar prices buy cialis with dapoxetine ou acheter alli en france voltaren drugs online purchases where can i get some amaryl drug sales statistics florida detroit diesel allison can i order deltasone no prescription in the usa ordering colospa what is the active ingredient in alavert buy coreg fast shipping pill identifier pictures watson 387 metformin and alcohol cipro prescription only what is lioresal for aciphex 20mg buy cheaper kosovarja revista 2011 prill generic neurontin 300mg quotes about being content cholestoplex lawsuit thuoc colchicine tablets bp what is erythromycin used for treating taking valacyclovir during pregnancy diclofenac sodium tablets used for purchase acai lipo olanzapine order online buy singulair 5mg online cheap zestoretic uk fexofenadine hydrochloride 180 mg tablets olanzapine withdrawal symptoms find viagra singapore where can i get ginseng in wow best place to order plavix in us canadian online pharmacy for avalide
Saturday, December 20, 2014
Text Size

Search our Site or Google

Silver: Shorting Consumes, Investing Conserves

Articles & Blogs - Silver Commentary

User Rating: / 31

It is a very simple proposition to explain how “shorting” is an activity which relentlessly, inevitably destroys markets, while investing is a benign activity which inevitably “heals” markets which are out of balance. What makes it difficult to understand this concept is years of media brainwashing branding investors as “speculators” and/or “hoarders”.

To pierce this brainwashing, I will explain these simple principles of arithmetic using an example to which we can all relate. Let’s assume that instead of JP Morgan hating silver that it hated chocolate bars instead. And so to destroy that market (and deprive the world of chocolate bars) JP Morgan began to ruthlessly “short” chocolate bars.

For the sake of argument, let’s assume that this ruthless shorting drove the price of chocolate bars to 10 cents apiece (since shorting always depresses prices). What would happen then? The immediate, obvious consequence is that chocolate bars would be cleaned-out on all the shelves of all the stores around the world, as people stampeded to take advantage of this incredible “sale” on chocolate bars.

However, the full consequences of this shorting are far, far worse. Virtually no chocolate bar-makers on the planet could manage to “break even” selling chocolate bars at 10 cents apiece, as the cost of their materials alone would greatly exceed that price. Most of the world’s chocolate bar-makers would be bankrupted, creating a much, much more severe chocolate bar shortage.

Most importantly, the chocolate bar “crisis” would never end unless/until prices rose substantially. At that artificially low price, it is a mathematical impossibility for there to ever be sufficient supply to meet demand. Enter the investor.

What happens if “investors” began competing to buy up the tiny, remaining supply of chocolate bars? The price would start to rise. That rise in price then “magically” accomplishes two necessary goals: it discourages demand while simultaneously stimulating supply, because as the price goes up more and more chocolate bar-makers can return to the sector.

As the price continues to rise, the market continues to heal. Demand moderates and supply rises until the two meet in equilibrium. Healing complete.

Now, again for the sake of argument, let’s suppose that “investing” in chocolate bars causes the price to rise “too high”. What happens then? The rising price continues to depress demand, while over-stimulating supply, and the pendulum swings past the point of equilibrium. This causes inventories to grow. This growth in inventories then depresses prices, as buyers are no longer willing to pay high prices for a plentiful good, and the market would swing back toward equilibrium.

It is an economic tautology that the price for a good cannot be “too high” if inventories are not growing, as the terms “too high” and “too low” are defined by supply/demand dynamics. If inventories are falling, price are too low. If inventories are rising, prices are too high (assuming that inventories are at historical norms).

Now that these basic principles of arithmetic have been laid out in elementary terms, let’s apply those principles to the silver market and see where our analysis leads. First of all, it is a matter of common knowledge that JP Morgan is the largest “silver short” in the history of the world.

It has maintained that massive short position for several decades, despite the fact that in percentage terms its short position is much larger than the “long” position of the Hunt Brothers when they were accused of “cornering the market” (i.e. manipulating the silver market) back in 1980. What has been the impact of that ruthless, relentless shorting?

During the 1990’s, the price of silver was manipulated by JP Morgan to a 600-year low (in real dollars). We know this was "manipulation" because it was below the cost of production for nearly every silver mine on Earth, and well over 90% of all silver mines were driven into bankruptcy. Now that is how you destroy supply!

With the silver mining industry decimated by JP Morgan’s manipulative shorting, and demand radically over-stimulated by the 600-year low in the price of silver, the result was exactly what we could have predicted with our hypothetical example of chocolate bars: silver inventories were wiped-out. Between 1990 and 2005 alone, global silver inventories plunged by more than 90%.

Enter the investor. The principle of investing is the epitome of simplicity: buy low, sell high. With the price of silver at an extreme, artificial low; investors began buying silver. Despite the fact that JP Morgan has not only maintained but increased its short position in the silver market, silver prices have begun to steadily rise. Such is the healing power of investing.

It is obvious, however, that there is much more “healing” to be done. It is estimated by Ted Butler, the most respected researcher of the silver sector that roughly 90% of total, global stockpiles of silver have literally been “consumed”: frittered-away in a plethora of cheap consumer goods, with practically none of the silver being recycled because of the low price of silver.

There is less silver in the world today on a per capita basis, and less silver in the world today in relation to the supply of gold than at any other time in at least 600 years, prompting Butler to dub silver “The Rarest Earth”. Obviously, to heal destruction of a market (and an industry) to this degree will require the pendulum to swing to an opposite extreme. It will take many years of high prices to rebuild devastated inventories and stockpiles.

There has been an incessant flow of inane media drivel that silver prices are already “high”. We can utterly disprove that nonsense in two different ways. As I noted in my last commentary, we have a 5,000 year price relationship to guide us when it comes to whether silver prices are “high” or “low”: the gold/silver ratio. That 5,000 year ratio has hovered around 15:1. This would make the “natural” price of silver today close to $120/oz, given the current price of gold near $1800/oz.

The more conclusive way of demonstrating that the price of silver is low, not high is that inventories continue to dwindle. Here again we are betrayed by media idiocy. Instead of noticing (and reporting on) the “path of destruction” caused by decades of excessive silver-shorting, the media parrots screech about “speculators”, claiming that “hoarding” is to blame for high prices.

Again we have a very clear analogy to guide us: endangered species. When “poachers” (or other villains) are threatening to wipe out an endangered species, “conservationists” step in. They “hoard” the remaining members of that species – keeping them safe from further poaching, and (hopefully) allowing the species to regenerate its population.

If we replace the word “poacher” with “silver shorts”, and replace the word “conservationist” with “silver investors”, we see precisely what is occurring today in the silver market. After years of excessive “silver poaching” had virtually wiped-out the global silver supply, the silver conservationists have now stepped into the market.

By investing in the tiny remnant of global stockpiles, they simultaneously perform the two “healing” functions which investing always brings to a decimated market: they cause prices to rise, stimulating greater supply (i.e. more mining); and they protect a tiny sliver of the global silver supply from the rapacious silver shorts.

Of course with silver inventories still dwindling (while demand continues to rise), “healing” is too strong a word to describe to what is actually occurring today. To this point, silver investors have only been able to reduce the speed at which the silver-shorts are destroying this market. Healing will not actually begin until inventories begin rising – at which point it will take decades to restore those inventories to healthy levels.

There is nothing either complex or controversial about this analysis. Arithmetic cannot lie. Shorting destroys markets. Investing heals markets. Any analysis to the contrary is invalid.

Comments (10)Add Comment
Jeff Nielson
written by Jeff Nielson, January 26, 2012
Iouhc19, I explained that quite clearly.

ANY shorting puts downward pressure on prices. That downward pressure MUST lead to:

1) HIGHER demand
2) LOWER supply

So as a matter of basic arithmetic, ALL shorting destroys markets (i.e. sends them heading toward inventory default). So it is totally a question of DEGREE. With some TINY level of shorting in a market it could even be "drowned out" by other factors. But any SIGNIFICANT and PERSISTENT level of shorting MUST lead to market destruction over time - with that time being SHORTENED if/when the shorting intensifies.
written by iouhc19, January 25, 2012
How does ruthless shorting work in both your chocolate example and silver?
Jeff Nielson
written by Jeff Nielson, November 09, 2011
Excellent piece Jeff. It's good to see something slanted at the less informed. It's not necessary to write only for silver aficionados.

I liked how you gave an introduction to supply and demand, shorting, inventory depletion and supply destruction, market manipulation, and GSR all in one piece.

I'm sure that it was a conscious decision not to complicate things by going into naked shorting, and elasticity of supply and demand.

Is this the Canadian spelling of "cozy"?

Thanks GoldenEconomizer!

Last things first, unless I simply can't spell, yes "cosy" is with an "s" north of the border.

With regard to your other remarks, I'm getting the "message" to a large extent that "less is more". When my work is edited by others, the feedback is usually "make it shorter" (lol).

Also, as you point out, there is the issue of making this accessible to the widest audience. It doesn't help to TELL the "average person" that he/she needs to load up on gold and/or silver for financial protection - and then not explain WHY, in a manner which is reasonably straightforward for people new to the sector.

With so MANY reasons/drivers supporting precious metals, we should be able to spread the word without using a lot of complex arguments or jargon. As for the more complicated subjects like "naked shorting" or "elasticity of demand", I'm going to try to cover such subjects in smaller bites - rather than as part of a "big picture" commentary.

Jeff Nielson
written by Jeff Nielson, November 09, 2011
I guess what I was getting at -was that in order for demand to become strong enough to overwhelm supply (I realize demand greatly exceeds supply right now) to the point where the bankers scheme finally collapses, it would appear to me that it would take a rising silver price rather than a falling one.

What I mean is- a rapidly rising price would probably attract so much investor interest (as it seemed to when $50 was approached) that the supply/demand fundamentals would then go so out of whack that suppression would become nearly impossible. It almost seemed like the bankers were able to accomplish their mission and calm down demand when they did the massacre in May and brought prices lower.

Oilersfan, this is a very complicated equation.

Not only do we have to consider the psychological factors you refer to (and of course the manipulation itself), but the supply/demand parameters for silver are very unusual in relation to most other commodities.

To begin with, because many of silver's industrial applications use silver in small amounts, it has very low "demand elasticity" with respect to price - in other words even large price increases have a small impact on demand.

Then you have a market like jewelry, where in economic terms silver is known as an "inferior good" (when compared to gold). Thus the HIGHER the price goes, the MORE people want silver as jewelry.

So putting all this together, it is highly likely that you are correct: the silver market would "detonate" sooner with higher prices than lower ones.

What I frequently remind readers however is "be careful what you wish for..." I remain very concerned that we are on the verge of ANOTHER "silver confiscation" by the U.S. government (perhaps COPIED by other Western governments?). This is why I recommend avoiding bullion funds and accounts.

And for all those people (icnluding myself) who would like to accumulate MORE silver to insure their futures, we have to credit the BANKSTERS for making it still possible to buy silver at under $50/oz.
written by goldeneconomizer, November 09, 2011
Excellent piece Jeff. It's good to see something slanted at the less informed. It's not necessary to write only for silver aficionados.

I liked how you gave an introduction to supply and demand, shorting, inventory depletion and supply destruction, market manipulation, and GSR all in one piece.

I'm sure that it was a conscious decision not to complicate things by going into naked shorting, and elasticity of supply and demand.

Is this the Canadian spelling of "cozy"?

written by Oilersfan, November 09, 2011
Thanks for your reply Jeff. Even though you're a Canucks fan, I think we can still get along- haha.

I guess I could have been clearer in my previous post. I completely understand your point on "high" being a relative term.

I guess what I was getting at -was that in order for demand to become strong enough to overwhelm supply (I realize demand greatly exceeds supply right now) to the point where the bankers scheme finally collapses, it would appear to me that it would take a rising silver price rather than a falling one.

What I mean is- a rapidly rising price would probably attract so much investor interest (as it seemed to when $50 was approached) that the supply/demand fundamentals would then go so out of whack that suppression would become nearly impossible. It almost seemed like the bankers were able to accomplish their mission and calm down demand when they did the massacre in May and brought prices lower.

I guess what I'm getting at is- what do you think it will take to finally overthrow the bankers- is this something you just foresee happening gradually or could there be some type of major catalyst that propels the demand to a point where suppression is no longer possible.

I hope I've been better able to describe where I'm coming from.
Jeff Nielson
written by Jeff Nielson, November 09, 2011
Thanks for the support OilersFan (though I be a die-hard Canuck-lover)!

You are completely correct with your observations. The average investor tends to be "his own worst enemy". However, to be fair to the ordinary person, the bankers work VERY hard at making the market "zig" when small investors "zag".

The other observation here is even though many people have been "buying high" with their silver until now, as I discuss in the commentary "high" is a relative term.

If the price of silver was NOT being severely suppressed today, and was ALREADY well over $100/oz, then $50/oz would still seem pretty cheap. The moral of the story here is that even though the emotions of the small investor tend to work against them, as long as they don't SELL the silver they are accumulating then they are still doing themselves an enormous amount of good.

Better to "buy high" than not to buy at all... smilies/wink.gif
written by Oilersfan, November 09, 2011
This is a fantastic article. I love the chocolate bar analogy. The one thing that I have noticed though is that investors in reality often buy high instead of buying low. For example, it seemed like when silver was pushing $50, the demand was through the roof. It was tough to get silver in a reasonable timeframe almost anywhere. Any thoughts on this Jeff? I know logically it doesn't seem to make sense, but I think it's human nature to want to buy something when it's going up. Also, any ideas what a possible driver could be to finally make the supply/demand imbalance so obvious that the price of silver finally starts to launch? Thanks.
Jeff Nielson
written by Jeff Nielson, November 09, 2011
Scobes9999, as I understand it, the major industrial users of silver have a VERY cosy relationship with the banksters - and thus it is highly unlikely that any one company (or sector) will make a sudden "grab" for remaining inventories unless/until we are on the imminent verge of final default.
written by scobes9999, November 09, 2011
Good piece, Jeff! This sure does inspire readers that the silver market has just one way to go, way up.

With the short supply of silver once the price does start to accelerate to the upside, the herd mentality of investors will surely make this market even tighter.

What would the odds be of a large corporation taking a very large stake in silver (for example: a solar power company?) and in doing so make the supply even smaller for other business' and investors. Business' may panic that they will not be able to find the silver to keep products hitting shelves.

Would this cause a situation like with the Hunt Bros?

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.


Latest Commentary

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12

Latest Comments


BullionBullsCanada.com is not a registered investment advisor - Stock information is for educational purposes ONLY. Bullion Bulls Canada does not make "buy" or "sell" recommendations for any company. Rather, we seek to find and identify Canadian companies who we see as having good growth potential. It is up to individual investors to do their own "due diligence" or to consult with their financial advisor - to determine whether any particular company is a suitable investment for themselves.

Login Form