It is forecasted, Silver Prices will Skyrocket, Now that Asia opened up it's own Futures Market on Friday July 22, 2011

I like what this article says.

Also China Business News Wrote an article saying Silver will be rising and tells those who are bearish of silver... they better change their mind, due to the new Silver Futures Market in Hong Kong.  They also say in the article as the other one linked, the U.S. metals market is completely Rigged and Manipulated! 

Asia opened up it's own Silver futures market on Friday July 22, 2011!  Asia is the biggest buyers of metals now.

What this also means is JP Morgan no longer has the metals markets by the balls!  Because they always hit the markets after hours when it is only other smaller markets opened.  BUT now that Asia has it's own metals future market, if they hit and throw shorts at silver and gold, there will be people right there swooping it up!

This is going to get good!  Now is the time to have popcorn and sit back and watch the show!  I can only hope JPM is taken down after all these decades of manipulating the markets!

Article portions:

The Hong Kong Mercantile Exchange proclaimed that it would launch U.S. dollar-denominated silver futures contracts on July 22, 2011. It cited “surging international demand for silver” because the cause for the launch, pointing out that silver demand rose 67% in China between 2008 and 2010, with the nation accounting for almost 23% of the world’s silver usage last year

As many traders have discovered - when China, the world’s second biggest economic climate, buys, the globe tends to follow. The increasing Chinese demand of gold as well as silver is one of the factors why we carry on making an investment in these metals.

The amount of silver created per year in the whole globe is roughly about 680 million ounces of silver and also the amount mined in the USA last year was 50 million ounces. The amount that was traded around the CME yesterday was roughly one third of all of the silver mined in the globe. It had been 5 times the amount mined in America. So how can this be happening?

You will find rumors that the silver ETF (SLV) doesn't have the silver that the paper indicates to represent. You will find reports that if SLV was ever known as upon to create the underlying asset it represents it could be unable to do so. Is there any question why this product is so volatile?

The reality is the fact that the silver marketplace is becoming extremely manipulated. Nicely that's about to alter. On Friday July 22nd, the Hong Kong Mercantile Exchange will begin trading dollar denominated silver futures contacts with the expectations of tapping in to the expanding demand for the metal in China and India. The new contact will allow purchasers and sellers in China to trade successfully with their counterparts across the globe, while in the exact same time permitting traders to gain exposure to silver price actions and expand their investment portfolio. The market also plans to roll out yuan-priced gold as well as silver futures to capitalize on expanding investor demand for China’s strengthening currency. Additionally they have ambitions for goods in base metals, power and agriculture. Visit http://www.silver-dollar-values.com for more profitable silver and gold tips.

Beginning Friday July 22nd the Anglo American monopoly on silver is finished. This may be the first time that Asians can purchase and take long term delivery of silver in Asia. No longer can the CME raise margins close to 100% in 8 days. The silver shorts are and ought to be afraid of the countless millions of Asians that will be getting into this little marketplace. China by itself has trillions of dollars and they could drop 0.01% of that cash into silver and explode silver past the control of the American elite. The one that has probably the most to fear will be the Comex. Now would be a perfect time to purchase silver and purchase gold while the prices are nonetheless fairly cheap.

OH, I would love to be a fly on the wall in Blythe Master's office, when they throw shorts at the silver and all of them are gobbled up by the Asian market who will turn around and DEMAND Delivery!

Yep, it is NOW going to get interesting!