I received this e-mail from Austin a bit earlier. Do you think there is any credence to this?
The Date That Everyone is Talking About: August 14, 2014
Over the last several weeks we have been inundated with phone calls about the coming end of Silver "price fixing." Since this historic event is just around the corner, we wanted to take a minute to explain the situation and to recommend how you should best position yourself before this occurs. Since the news broke in early June, the price of Silver has surged ahead 15% from $18.50 to over $21.25.
Everything Changes for the Silver Market
On August 14, 2014 the historic price setting mechanism for Silver that has been in place for over 100 years will cease to exist. Mark it on your calendar because nobody knows how this could forever change the future of Silver prices.
No longer is Silver price fixing just a conspiracy, it's a proven fact! Barclays, a leading member of the London Gold Market Fixing Ltd has been proven, beyond a shadow of a doubt, to have colluded to commit fraud and fined $43.8 million dollars by British regulators.
It appears the collusion was so bad in London Silver Fixing that regulators are shutting down the whole thing on August 14th. No longer will five profiteering bankers in London decide how much your Silver is worth today. For those of us who own Silver, the coming end to price fixing is great news. Reports are the Silver mining companies will finally have more leverage in setting higher Silver prices once we cross that key August date.
Silver Price Breakout 2014
We believe the next bounce in Silver prices could come any day now as the price fixing scandal becomes widely known. In fact, it may have already begun.
We are hoping that this will be the news we need to get metals moving again.In our opinion, the sooner these corrupt bankers exit Silver price fixing, the sooner prices will rebound into Phase 3 of this bull market.
We are looking for another 10% to 20% rebound in Silver prices suddenly, without warning. Remember, Silver is a volatile market with 250% upside if Silver ONLY returns to recent highs of just 3 years ago. It's true that past performance is no guarantee of future value, but it's nice to have that kind of headroom for rising prices.
What Investors Should Do Next
If you have no exposure to the profit potential in owning physical Silver, then buy without delay. We'll give you the same opinion we shared right before Silver surged 240% over the course of just 7 months: "Buy Silver, Load the Wagons, and Expect Silver Prices to Move Quickly to the Upside."
Individuals who get in early may profit the most. Like last time, it will take a while for institutional investors and speculators to jump in and take Silver prices to the next level. We recommend that you act quickly and take your positions in physical Silver Coins while prices are down and premiums are low.
Special Pricing on 2014 Silver Maple Leafs
Here's a great way you can take advantage of the current Silver price: the newly redesigned 2014 Canadian Silver Maple Leaf. While our supplies last, we've discounted these coins .50 cents per ounce below our normal pricing so you can get the best bang for your buck. Why we recommend Silver Maple Leafs:
• 99.99% pure Silver-the purest one-ounce Silver coins available in the world today
• Radial design lines on the obverse and reverse to prevent counterfeiting
• Small Maple Privy mark on the reverse with a micro-engraved "14", visible only under magnification
• 2014 is the first year for these design changes
• Available now in singles, original mint rolls of 25, or strapped mint cases of 500
Supplies are limited, so click here to order online or call 1-800-928-6468 to lock-in orders and receive this discount. Remember, with the August 14th date quickly approaching, we expect fireworks in precious metals as we head into the Fall.