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Mediums:  The CR News Reports© is a copyright publication of Channeled Readings®.  The following predictions on COMMODITIES & CURRENCIES were channeled on April 14, 2011 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer's slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what's coming...  In the CR News Report© session on Commodities and Currencies on September, 15, 2010, we predicted that silver would rise from its price at the time of $20.50 an ounce to $25 by the end of the year.  Silver hit $25 an ounce in November. We also predicted in the same session that silver would hit $35 an ounce within 12 months. Six months later, silver hit $35. Today, silver hit a 31-year high and broke $42 an ounce. The experts said that gold would hit $1,500 sometime in 2011 and then stall out. Other experts said it would hit a high of $1,459 sometime during 2011. PricewaterhouseCoopers conducted a survey of 44 commodity investors and gold mining executives and they came up with a peak price for gold of $1,500. Gold will certainly outperform all these "expert" guesses. Oil is something else rising in price and causing the consumer much angst. Gas prices and food prices affect the average consumer more than anything. How much gas costs often affects how much a family can spend on groceries. With energy and food prices comprising much of a family's expenditures, it's ludicrous that the government doesn't count these when measuring inflation rates. I guess that's why the government says we're experiencing inflation of around 2%. If they had to figure in gas and food (like they used to), the inflation figure would be up around 10%. Apparently, politicians don't go grocery shopping and someone else fills up their limos. So, based on the expert's best guesses on gold, silver, and oil, they're not any more accurate than the experts are in predicting the stock markets.  Old relationships between certain commodities, currencies and stocks don't seem to track the same any more. In times past, when a certain commodity went up in price, another asset went down. Or sometimes, they tracked together. Now, you can no longer rely on those relationships of the past, as nothing seems to make sense anymore. We would ask our Higher Intelligence source to bring through their predictions and commentary on this and anything else they see as relevant to Commodities and Currencies at this time.  ... Go ahead with your predictions and commentary...  

Voice of Higher Intelligence:   The rush into commodities is just warming up. We see that once silver hits $50 to $52 an ounce people will start selling. This could be a mistake for a couple of reasons. Silver will not pull back much, if at all. Silver will continue to rise to $72 an ounce, then to $90 an ounce before breaking $100 an ounce early in 2012. Gold will fly through $1,500 on its way up to $2,000 an ounce before the end of the year. As the U.S. dollar continues to lose its status people will flock to other currencies, oil, gold and silver and other commodities in order to hedge against the dollar. Regarding oil - some experts this week predicted a high for oil of $150 a barrel sometime this year. We predict $142 a barrel by mid 2011 and $178 a barrel by the end of this year. As debt-ladened central banks are forced to compete with governments that are facing default to secure financing, currencies will fizzle and commodities will sizzle.  

 

Mediums: Please provide the Headline for this Topic.   Voice of Higher Intelligence:   Currencies Fizzle Commodities Sizzle

 

Mediums: Will we get to the point where people who want to buy physical silver won't be able to get it?   Voice of Higher Intelligence: This is highly likely as banks with tremendous short positions are having to go purchase massive amounts of silver for people demanding delivery and for stock that was supposed to be backing ETF's.  

 

Mediums: Will there be any other precious metals that will become difficult to take delivery on?   Voice of Higher Intelligence:   People may also discover that there is a long wait to buy gold coins. Demand is going through the roof, but silver will be harder to get because more people can afford it.  

 

Mediums: When will it become near impossible to take delivery on silver?   Voice of Higher Intelligence:    You will see a silver shortage and long backlogs before the end of this year.

 

Mediums: Will there be any government regulations that are imposed that attempt to interrupt the personal ownership of physically possessing precious metals?   Voice of Higher Intelligence:  It's always a possibility as it has happened before, but more of a risk with gold, not silver. People should be more concerned with the government coming up with a scheme to "borrow" their retirement accounts.   

 

Mediums: As things get worse for the U.S. dollar what other currencies could people flock to?   Voice of Higher Intelligence:    Many will invest in the Australian or New Zealand dollar because they will be worth more and are more stable. Some may even buy Canadian dollars and keep their money out of the U. S. and convert Canadian dollars into gold and silver.

 

Mediums: There's still a lot of people who think that precious metals are in a bubble. What will convince them that they are not?   Voice of Higher Intelligence:    By the end of July 2011 people will see how much trouble currencies are in and will be kicking themselves that they didn't start investing in gold and silver a year ago.

 

Mediums: Recap the most important points in your message today?   Voice of Higher Intelligence:  Our message is that when it comes to commodity and currency predictions the experts are just guessing.

Mediums: Why is this information timely?   Voice of Higher Intelligence:  This information is timely because the reports you hear on the news are all spun and manipulated to show low levels of inflation and that a recovery is happening. 

Mediums: Tell our readership the best way to apply this information to their life right now?   Voice of Higher Intelligence:  Get ready for a shock to the dollar by summer 2011 and start buying some silver or gold now. 

Mediums: Thank you for your predictions and commentary on this topic