Silver Fly

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Posted by admin | Posted in fly fishing | Posted on 29-01-2011

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25 Strands Silver TEXTURED Strands Fly Flash for Fly Tying 1 8 Wide
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12 Spools Danville Fly Tying Gold  Silver Wire Medium Fine NR
12 Spools Danville Fly Tying Gold Silver Wire Medium Fine NR
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FLY FISHING FLIES Silver CRYSTAL MINNOW size 2 1 2 dozen
FLY FISHING FLIES Silver CRYSTAL MINNOW size 2 1 2 dozen
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ORVIS Silver Label Hy Flote Extra Fly Line WF1FBuck NEW
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Orvis HY FLOTE Extra Silver Label Fly Line WF1F
Orvis HY FLOTE Extra Silver Label Fly Line WF1F
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Salmon Flies Silver Stoats BE var size 11 Partridge Salar double 3 pcs
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FLY TYING DUMBELL EYES SILVER X 25 10mm X 5mm FLY FISHING
FLY TYING DUMBELL EYES SILVER X 25 10mm X 5mm FLY FISHING
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Silver Lake Fishing Flies Assortment NEW IN BOX
Silver Lake Fishing Flies Assortment NEW IN BOX
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Antique Split Bamboo Fly Rod 9 Feet Unknown Maker German Silver Holder  Tube
Antique Split Bamboo Fly Rod 9 Feet Unknown Maker German Silver Holder Tube
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5 packs of FLASHABOU silver blue green fly tying assortment
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WHOLESALE 50 Hanks Krystal Flash Crystal Flash Fly Tying Silver Color QX6
WHOLESALE 50 Hanks Krystal Flash Crystal Flash Fly Tying Silver Color QX6
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Fly Tying Whiting Rooster Silver 1 2 Saddle Black
Fly Tying Whiting Rooster Silver 1 2 Saddle Black
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SILVER Holographic Strands Fly Flash for Fly Tying 3 32 Wide
SILVER Holographic Strands Fly Flash for Fly Tying 3 32 Wide
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Fly Tying Whiting Rooster Silver 1 2 Saddle Furnace
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Fly Tying Whiting Farms Pro Rooster Saddle Silver Badger
Fly Tying Whiting Farms Pro Rooster Saddle Silver Badger
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Fly Tying Economy Round Profile Ribbing Tinsel Grayling Flies
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Fly Tying Whiting Rooster Silver 1 2 Saddle Medium dyed Dun
Fly Tying Whiting Rooster Silver 1 2 Saddle Medium dyed Dun
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Fly Tying Ultra Wire BRASSIE Size SILVER
Fly Tying Ultra Wire BRASSIE Size SILVER
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Fly Tying Whiting Farms Pro Rooster Saddle Silver Badger
Fly Tying Whiting Farms Pro Rooster Saddle Silver Badger
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Time Remaining: 10h 46m

Fly Tying Whiting Rooster Silver 1 2 Saddle Light dyed Dun
Fly Tying Whiting Rooster Silver 1 2 Saddle Light dyed Dun
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Time Remaining: 10h 46m

Fly Fishing CNC Anodized Aluminum Fly Reel 2 3 Silver R06
Fly Fishing CNC Anodized Aluminum Fly Reel 2 3 Silver R06
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Fly Tying Whiting Silver Rooster Cape Cree
Fly Tying Whiting Silver Rooster Cape Cree
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Time Remaining: 10h 46m

Fly Tying Whiting 1 2 Rooster Silver Cape Cree
Fly Tying Whiting 1 2 Rooster Silver Cape Cree
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Fly Fishing CNC Anodized Aluminum Fly Reel 5 6 Silver R05
Fly Fishing CNC Anodized Aluminum Fly Reel 5 6 Silver R05
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Fly Fishing CNC Anodized Aluminum Fly Reel 9 11 Silver FI007
Fly Fishing CNC Anodized Aluminum Fly Reel 9 11 Silver FI007
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3 Silver Blue Possum Salmon Sea trout Stealhead Flies
3 Silver Blue Possum Salmon Sea trout Stealhead Flies
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600 piece Brass Fly Tying Beads Gold Black  Silver A
600 piece Brass Fly Tying Beads Gold Black Silver A
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3 Silver Orange Possum Shrimp Salmon Flies on double hooks
3 Silver Orange Possum Shrimp Salmon Flies on double hooks
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SMALL FRY Baitfish Size 6 SILVER Saltwater Warmwater Fly For Bass Crappie
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3 Black  Silver TD Templedog Salmon Tube Flies
3 Black Silver TD Templedog Salmon Tube Flies
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3 Silver Yellow Possum Shrimp Salmon Flies on double hooks
3 Silver Yellow Possum Shrimp Salmon Flies on double hooks
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Time Remaining: 17h 59m

45 CONEHEAD fly tying BEADS 5 32 6 32 1 4 SILVER 4 5 6mm coneheads
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Orvis HY FLOTE Extrae Silver Label Fly Line WF7F
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1 DZ SEDGE SILVER 14 DRY FLIES TROUT NYMPHS
1 DZ SEDGE SILVER 14 DRY FLIES TROUT NYMPHS
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Fly Tying Whiting Farms Silver Cape Barred Medium Ginger
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1 DZ BEAD HEAD COPPER JOHN SILVER 18 NYMPHS TROUT DRY FLIES
1 DZ BEAD HEAD COPPER JOHN SILVER 18 NYMPHS TROUT DRY FLIES
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Fly Tying Hareline Ice Dub trout nymph wet fishing lure
Fly Tying Hareline Ice Dub trout nymph wet fishing lure
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1 DZ SILVER AND BLACK 12 WET FLIES NYMPHS DRY FLIES TROUT
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Huge Lot Of One Dozen 12 Silver Quill Rainbow Trout Fishing killer Flies NR F8
Huge Lot Of One Dozen 12 Silver Quill Rainbow Trout Fishing killer Flies NR F8
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6 12 Pornomids Silver Chironomids Premium Lake Flies
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FLY TYING DUMBELL EYES SILVER X 25 10mm X 5mm FLY FISHING
FLY TYING DUMBELL EYES SILVER X 25 10mm X 5mm FLY FISHING
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Huge Lot Of One Dozen 12 Silver Quill Rainbow Trout Fishing killer Flies NR F8
Huge Lot Of One Dozen 12 Silver Quill Rainbow Trout Fishing killer Flies NR F8
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Silver Doctor Bucktail Streamer 6
Silver Doctor Bucktail Streamer 6
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3 Salmon Shrimp fliesEsmond Drury treble silver size 10 From Fishing4Trout
3 Salmon Shrimp fliesEsmond Drury treble silver size 10 From Fishing4Trout
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Fly Tying Whiting CDL Hen Saddle Silver Speckled
Fly Tying Whiting CDL Hen Saddle Silver Speckled
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Huge Lot Of One Dozen 12 Silver Quill Rainbow Trout Fishing killer Flies NR F8
Huge Lot Of One Dozen 12 Silver Quill Rainbow Trout Fishing killer Flies NR F8
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Fly Fishing CNC Anodized Aluminum Fly Reel 2 3 Silver FI005
Fly Fishing CNC Anodized Aluminum Fly Reel 2 3 Silver FI005
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Fly Fishing CNC Anodized Aluminum Fly Reel 0 1 Silver R07
Fly Fishing CNC Anodized Aluminum Fly Reel 0 1 Silver R07
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FLY FISHING 24 MARABOU MUDDLER BLACK  GREEN MUDDLER MINNOW GOLD MUDDLER SILVER
FLY FISHING 24 MARABOU MUDDLER BLACK GREEN MUDDLER MINNOW GOLD MUDDLER SILVER
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Time Remaining: 1d 12h 20m

Brand New Galvan Spoke S 5 Fly Reel Silver W Case
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fly tying brass beadsSILVER NICKEL25 beads6 sizes availableCOMBINE SHIPPING
fly tying brass beadsSILVER NICKEL25 beads6 sizes availableCOMBINE SHIPPING
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FLY FORCE FLY TYING DUMBELL EYES SILVER X 25 10mm X 5mm FLY FISHING
FLY FORCE FLY TYING DUMBELL EYES SILVER X 25 10mm X 5mm FLY FISHING
$2.50
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Fly Fishing CNC Anodized Aluminum Fly Reel 9 11W Silver With Extra Spool
Fly Fishing CNC Anodized Aluminum Fly Reel 9 11W Silver With Extra Spool
$62.70
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Whiting Rooster Silv Badger Cape Dry Fly Hackle Silver
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Fly Fishing CNC Anodized Aluminum Fly Reel 9 11W Silver
Fly Fishing CNC Anodized Aluminum Fly Reel 9 11W Silver
$49.82
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Fly Tying Whiting Farms Silver Cape Grizzly
Fly Tying Whiting Farms Silver Cape Grizzly
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Fly Fishing CNC Anodized Aluminum Fly Reel 7 8W Silver With Extra Spool
Fly Fishing CNC Anodized Aluminum Fly Reel 7 8W Silver With Extra Spool
$61.26
Time Remaining: 2d 14h 26m

3 SILVER STOATS TAIL SALMON SEATROUT TROUT 10 LOW WATER DOUBLE
3 SILVER STOATS TAIL SALMON SEATROUT TROUT 10 LOW WATER DOUBLE
$6.29 (1 Bid)
Time Remaining: 3d 41m

Fly Tying E Z EZ EZE Body Lateral Line Medium Black Silver  Gold 3 Packs Yds
Fly Tying E Z EZ EZE Body Lateral Line Medium Black Silver Gold 3 Packs Yds
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1 DZ SEDGE SILVER 16 DRY FLIES TROUT NYMPHS
1 DZ SEDGE SILVER 16 DRY FLIES TROUT NYMPHS
$0.99
Time Remaining: 3d 1h 58m

1 DZ SILVER MARCH BROWN 12 NYMPHS TROUT DRY FLIES
1 DZ SILVER MARCH BROWN 12 NYMPHS TROUT DRY FLIES
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Silver Gold Fly Rod Tube for 76 2pc rods NEW Case
Silver Gold Fly Rod Tube for 76 2pc rods NEW Case
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2 BIG YELLOW PERL SILVER STREAMER 2 0 PIKEHUCHENTROUT
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Nail Knot Tool Fly Fishing Silver
Nail Knot Tool Fly Fishing Silver
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Sage 4560 Fly Reel Silver Black with Reel Cover Large Arbor
Sage 4560 Fly Reel Silver Black with Reel Cover Large Arbor
$237.50 (13 Bids)
Time Remaining: 3d 4h 18m

MINT Powell Independence 9 10 Fly Fishing Reel Silver
MINT Powell Independence 9 10 Fly Fishing Reel Silver
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New CNC Aluminum Machine Cut Fly Fishing Reel 2 3 Silver Spool with Box
New CNC Aluminum Machine Cut Fly Fishing Reel 2 3 Silver Spool with Box
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100 3mm silver tinheads buzzers bloodworms nymphs lures fly tying arts crafts
100 3mm silver tinheads buzzers bloodworms nymphs lures fly tying arts crafts
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1 PACK JIG and FLY TYING FLASHABOU SILVER
1 PACK JIG and FLY TYING FLASHABOU SILVER
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SILVER TIP BADGER HAIR Fly Tying NIP
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ORVIS PM 10 SILVER LABEL 4 PIECE 8WT 9ft FLY ROD NEW
ORVIS PM 10 SILVER LABEL 4 PIECE 8WT 9ft FLY ROD NEW
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Nautilus FWX 5 6 Fly Reel Color Silver NEW
Nautilus FWX 5 6 Fly Reel Color Silver NEW
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ORVIS SILVER LABEL TL 2 PIECE 9WT 9ft TIP FLEX FLY ROD NEW
ORVIS SILVER LABEL TL 2 PIECE 9WT 9ft TIP FLEX FLY ROD NEW
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Orvis HY FLOTE Extra Silver Label Fly Line WF3F
Orvis HY FLOTE Extra Silver Label Fly Line WF3F
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100 SALMON VMC SILVER LOW WATER DOUBLE FLY FISHING HOOKS FROM FLYMAKERS
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Orvis HY FLOTE Extra Silver Label Fly Line WF5F
Orvis HY FLOTE Extra Silver Label Fly Line WF5F
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Orvis HY FLOTE Extra Silver Label Fly Line WF8F
Orvis HY FLOTE Extra Silver Label Fly Line WF8F
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Fly Tying Whiting Farms Silver Cape Silver Badger
Fly Tying Whiting Farms Silver Cape Silver Badger
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FLY FISHING FLIES Traditional SILVER HILTON Steelhead Fly size 06 6 ea
FLY FISHING FLIES Traditional SILVER HILTON Steelhead Fly size 06 6 ea
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Hardy Fly Fishing Zane Saltwater Freshwater Fly Reel No 1 Silver 7 8wt
Hardy Fly Fishing Zane Saltwater Freshwater Fly Reel No 1 Silver 7 8wt
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New CNC Anodized Aluminum Fly Fishing Reel 5 6 Silver Spool with Box
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9 Hanks Krystal Flash Crystal Flash Fly Tying Color Silver Pearl Rainbow
9 Hanks Krystal Flash Crystal Flash Fly Tying Color Silver Pearl Rainbow
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Fly Tying Ultra Wire Silver Brassie
Fly Tying Ultra Wire Silver Brassie
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Orvis Battenkill III Mid Arbor Fly Reel w 5wt Line Silver
Orvis Battenkill III Mid Arbor Fly Reel w 5wt Line Silver
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Silver Lake Freshwater Flies 55 pack Fishing Lures Boating Camping
Silver Lake Freshwater Flies 55 pack Fishing Lures Boating Camping
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Whiting Coq De Leon Hen Saddle Speckled Silver Wet fly  Nymph Hackle
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Orvis HY FLOTE Extra Silver Label Fly Line WF4F
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10 METRES SILVER FRITZ BLOB SIZE FLY TYING MATERIALS LURES HUMUNGUS FLIES
10 METRES SILVER FRITZ BLOB SIZE FLY TYING MATERIALS LURES HUMUNGUS FLIES
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50 BRASS FLY TYING BEADS color SILVER  1 8
50 BRASS FLY TYING BEADS color SILVER 1 8
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Orvis HY FLOTE Extra Silver Label Fly Line WF6F
Orvis HY FLOTE Extra Silver Label Fly Line WF6F
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GLASSCHOVY SILVER BELLY SALTWATER FLY FISHING FLIES
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NWTBIG SKY SILVERBLACK MOP DOUBLE OVAL JUMPING TROUT NECKLACE FLY FISHING +BOX
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Hardy Fly Fishing Zane Saltwater Tarpon Big Game Fly Reel Size No 3 WF12 Silver
Hardy Fly Fishing Zane Saltwater Tarpon Big Game Fly Reel Size No 3 WF12 Silver
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Fly Fishing CNC Anodized Aluminum Fly Reel 9 11W Silver With Extra Spool
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ALASKAN FLIES PERFECT FOR KINGS SILVERS  RAINBOWS
ALASKAN FLIES PERFECT FOR KINGS SILVERS RAINBOWS
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ALASKAN FLIES PERFECT FOR KINGS SILVERS  RAINBOWS
ALASKAN FLIES PERFECT FOR KINGS SILVERS RAINBOWS
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Fly Tying Whiting Farms Silver Cape Dun Grizzly
Fly Tying Whiting Farms Silver Cape Dun Grizzly
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250 Silver Coneheads Fly Tying Crafts
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Silver Fly
Silver Fly

Silver Price Manipulation

This week I must address the latest Commodity and Futures Trading Commission (CTFC) findings that, "The U.S. commodities regulatory body found no evidence that silver prices had been manipulated downward by short sellers after re-examining long-term and recent allegations of misconduct."

Yes, that still is the official findings so far! What I mean is that nothing, absolutely nothing has come from the CFTC to the public after their recent hearings. At some point the public will read the findings or recommendations of the CFTC by for right now I am not holding my breath.

I was asked by Dow Jones to comment on the CFTC findings. The first point I stated was, "It is not possible to manipulate the trend in a market, but it is possible to "manage" the price within silver's uptrend." I went on to state that the price of silver can be managed, within certain boundaries, through short selling. I believe silver would be far higher if not for selling of "vast amounts" of silver that doesn't exist, or "naked shorts."

Now some I know well in the industry build a case that all or almost all of the silver sold short on the exchange is not sold naked but indeed is true hedging, primarily by base metals mining companies.

This at the surface level may appear to be correct, until it is realized that almost all of the real physical silver that is delivered to end users (primarily to industrial consumers) is accomplished by means of over-the-counter contracts known as "forwards." This is not accomplished in the futures market!

My point is simple: If the true sale of physical silver is done in an unregulated market based upon private contracts, then what is the purpose of the futures market?

Why did the London Bullion Management Association trade billions ounces of paper silver?

Why did the futures and options exchanges trade almost 60 billion ounces of silver (on paper) last year?

Let's get a bit real here. If the total silver supply is roughly one billion ounces and we can measure NINETY times that amount being "traded" on the reporting exchanges, does it not beg the question why?

Further remember, there is a whole vast amount of silver "trading" going on in the OTC market that does not report at all. It could easily be as large as the reporting exchanges. Let's be conservative here and state only 10 billion ounces of silver is dealt in the OTC market.

So when I state naked sales and can prove perhaps ONE HUNDRED TIMES the amount of silver exists on paper than exists in the physical world, you must question the logic of "hedging." The derivatives markets are alive and well in both silver and gold, and there is roughly one hundred ounces "claimed" on paper for every physical ounce of silver.

So, ask a very basic question: How is the price of silver set? As if there is less than a billion ounces of physical silver? Or is the price acting as if there is a hundred times as much silver? For those who don't know, this is a rhetorical question! Think fractional reserve banking system, which keeps about one percent of the total (reserve), because what depositor is going to cash in on their demand deposits? One percent is what the bank needs to keep the present day scheme going. In the case of banking, more "money" can be created by a computer keystroke. But real silver, well . . . that will pose a problem.

 

Another question that has always bothered me is, Why does the CFTC set a limit of 7.5 million ounces of silver as the most that can be taken off the exchange in a given delivery month? If you look back and see the Comex inventory level change when Warren Buffett made his purchase, you will notice a huge off take of physical silver from the Comex. This cannot happen again; the rules state there is a limit on the amount of physical silver that can be taken off the exchange. So, for the umpteenth time, I will answer the following question.

"Why doesn't some big investor come along and just buy up the remaining silver?"

Answer: It cannot be done. There are delivery limits now! Let me repeat!! It cannot be done, there are delivery limits NOW!! Oh, you might ask, "Is there any limit to the amount of silver that can be sold on paper?" Well, the main purpose of this missive is to prove that there is no limit to the amount of paper silver that can be created!

I could go on, but I think I'll cool off and continue this discussion next week. In summary this week, I will share a letter I received very early on when addressing this same issue. This came from a Comex floor trader. Notice the price level in the letter—the price action can be "managed," but the trend, as I said then and am stating again, is higher. Much higher. As Abraham Lincoln said, "You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time."

Mr. Morgan:

I enjoyed your newsletter excerpt of Feb 12, which I found on the Kitco website. You stated perfectly some key reasons for silver's problems in getting out of its own way, and your call for further weakness was prescient.

I guess I'm part of the problem. I've traded COMEX futures actively from the pit for over 15 years. Over the years, the amount of futures contracts that we've traded has surely dwarfed the actual physical market, making it difficult for silver to manifest its true fundamentals.

As you alluded, it's "Groundhog Day" again on the floor. Over the past month I watched one fund accumulate an eye-popping long position, and I followed its progress as best I could through the open interest and commitment figures. When prices started slipping away from last week's test of the $4.85-$4.90 level, I could hardly believe my eyes when I saw early evidence that this fund was starting to sell. I went across the pit to a trader who I knew was trying to stick with his longs and I said, "I've got bad news for you -- that selling you see over there may take three weeks."

The fund sold heavily all last week. The usual bank traders were sopping it up, secretly relieved, I think, that prices had failed to break into ground they could not control. Younger traders ask me how these funds can keep getting chopped up like this. They don't realize that a 30-cent chop in silver is a minor inconvenience compared to the strong positions most of these guys have in gold and crude.

As you know, the banks will continue to play puppet master as long as the silver game remains "closed." The banks know the upper parameters of the funds' buying power; the banks know when the funds have reversed themselves into an untenable short position. It will take new "players" to get the "Bill Murray" silver market out of this loop. Certainly investment demand is the wild card that banks and recurrent short sellers cannot control.

Silver will be called lower on Tuesday a.m. and, although I'm a bull, I'll be getting short on the bell. There is no short-term success in getting in the funds' way.

A Comex Floor Trader

So in closing, I want you to think about paper silver versus real silver. Think about how much paper is flying around compared to the amount of physical silver that exists. Think about the derivatives problem we are witnessing in the mortgage markets, and ask, "Can the precious metals derivatives be far behind?"

David Morgan

Mr. Morgan has followed the silver market daily for over thirty years. Much of this Web site, www.silver-investor.com, is devoted to education about the precious metals.

About the Author

David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly report that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.  Visit www.silver-investor.com to sign up.

How do you kill those little silver flightless fruit flies in terrariums?

I have lots of tortoises and in their terrariums I keep ending up with this tiny little silver of what I'm guessing are fruit flies that just crawl around all throughout the enclosure

Those little flies feed on organic matter, such as uneaten food and fecal matter. In other words, they thrive in filthy conditions.
Keep the enclosures clean, and the flies will die.

SILVER FLY

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