Friday, February 25, 2011

BIG silver NEWS

Heard from an undisclosed source. The OI decline was NOT from cash settlements. The 30-50% cash premiums were a rumor. Break the COMEX is STILL on! No bullshit here.

More to come...

30 comments:

  1. is it +ve news for us or -ve ?

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  2. The suspense is killing me !!!!

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  3. Let's get this straight. You had a source this morning that bullshitted you? Perhaps you need to understand who is being played...

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  4. i highly doubt they were a rumor...

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  5. +33 was in WB's predicted range. I say its a win. We will never know the true comex numbers until a default.

    Do we really want a default?

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  6. How old is Blythe?

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  7. So then the OI decline was just people rolling over into May? Which still doesn't help us break the COMEX or release the price of silver. Or am I missing something? Looking forward to the update!

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  8. shes about 103 right now but id do her...

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  9. I have an insider who just informed me that your insider was drunk this morning. I can't reveal the identity of my insider, but this information is as good as slv.

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  10. yeah pls explain Mr SGS. Edumacate us!

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  11. Do we really want a default? Yes. System needs to be flushed out, only got half flush in 08.

    Anon- not liking your connotation, but hey, its friday I'm happy. Are you inferring the rumors were true?

    Blythe doesn't have an age, shes God.

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  12. I think Stacy Herbert is hot on the Max Keiser report. She's better than Blythe.

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  13. sgs, this is no fucking joke...i picked up some gpl the other day...a nice chunk...the nervous kind with this type of company....but because of your awareness, when it followed silver down like a spike, i was compleltly aware of what was happening, thank you very much, and i fuckin went back in with my truck and loaded up on gpl....picked up .65 on that plus the other...this is the effect you are having for alot of us......keep fuckin cussing, its about the passion...thanks again

    mike

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  14. Lot of late buying volume in Globex. Might have been WB's group sneaking some in.

    Stacey Herbert is "OK". Blythe is "OK". Neither are really that hot to me, you horn dogs.

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  15. SGS - any idea what the OI is, or when we will know?

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  16. Anyone notice this picture:
    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/2/25_Turk_-_Dollar_Ready_to_Collapse,_Silver_Squeeze_to_Continue_files/shapeimage_22.png

    It looks to me if you zoom in on that picture of paper dollars there that it is wrapped in plastic that has Chinese print on it. Take a look! These dollars are always going overseas for some reason. They never have crisp new bills in any bank here anymore.

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  17. New Rules Will Cause Panic For Shorts

    That headline came from Jim Sinclairs website.

    Dear Friends,

    Between now and Monday, February 28th be prepared for panicked short sellers who cannot make delivery to try every trick in the book to buy back their short positions.

    Quote: There’s 3 new laws gaining attention in the NSS market reform arena: FINRA 4320 goes into effect on 2/28/11. It mandates 13 day buy-ins for open delivery failures FINALLY applying to shares of non-reporting corporations. FINRA 2010-043, also starting on 2/28/11 reinstates the “short sale exempt” (SSE) marking requirements for trade reporting and the OATS system. Those MMs accessing the bona fide MM exemption from executing pre-borrows or “locates” before admittedly naked short sales must now FORMALLY acknowledge the accessing of that universally-abused exemption.

    You can check out the rest at the link below:

    http://jsmineset.com/2011/02/25/new-rules-will-cause-panic-for-shorts/

    Next several weeks are going to be very interesting now that we got ANDREW MaGUIRE giving hell to the silver shorts.

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  18. I'm panicking already. I'm short about 10,000 ounces now from where I should be.

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  19. watchman...

    That's not Chinese. That's Korean. It says "Foreign Exchange Bank". Hope this helps.

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  20. GoldisKing: Thanks for the clarification there. That was off of King World News' recent article. Now I'm even more interested in what's going on here. Is this a recent picture? Notice how all the foreign banks get these new crisp bills and when I hit the bank I get old wilted bills that if they could talk they could tell a story.

    Korean hey?

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  21. 2008 was a giant swirly.

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  22. Hope its better than your last source of the global settlement account - Yeah I'm here to remind you that anyone can make a mistake.

    Please keep up the work, and please remember when quoting sources other than your own, to credit them.

    http://tfmetalsreport.blogspot.com/
    http://harveyorgan.blogspot.com/
    http://www.zerohedge.com/
    http://jessescrossroadscafe.blogspot.com/

    If theres no default now, why will be there ever be a default? Explain what will change. Fiat is unlimited, silver is not. Thats the same now and in the future.

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  23. Have you seen the fourth quarter figures reported by Hecla yesterday?

    Apparently their average sales price during the fourth quarter was over 32 US$/oz. They explain this and say that they were unhedged and sold only with a delay. But even if that is true, someone must have paid them a premium because 32 US$/oz was reached only about a week ago.

    Before you trust me, please look up the figures yourself.

    Victor

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  24. You know, this global settlement stuff is starting to get annoying. First, there's the conference call from some obscure and questionable group.

    Then, it resurfaces in a different form based upon a rumor from SGS.

    Now, a variation of it appears on CNBC today:
    http://www.youtube.com/watch?v=5WC9CpdeHF8

    or:
    http://www.cnbc.com/id/15840232/?video=1817702861&play=1

    Got this from ZH under the "2011 Tipping Points" thread and comments.

    Personally, I think it's wacky as all get out that it will happen. And a Debt restructuring/jubilee is probably the best outcome.

    Beats me what's going to happen. It's a heck of a rumor though. Ain't rumors fun?

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  25. Why is it that 90% of all Anon's talk in a connotation that bugs the fuck out of me?

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  26. COMEX DEFAULTS & JP MORGAN BUYS SILVER!

    http://www.youtube.com/watch?v=1onS9MgfmCI

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  27. Don't let my retarded twin brother piss you off . . . he was born with a vagina.

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  28. Why is it that 90% of all Anon's talk in a connotation that bugs the fuck out of me?

    Trust your intuition.

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  29. To the anon saying if a comex default doesn't happen now, will it ever happen??? Uhh yes considering the comex can default slowly overtime. 20 million ounces per delivery month should do it by 2012. Won't even take that long though, IMO.

    Hey, SGS, I'm Anon! Just not the Anon that is working for JPM trying to lead your readers astray :P

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  30. It bugs you because you are probably young and insecure, that is all. Psych 101.

    And yes, I second the other anon, please make sure your "sources" are yours, and not some random BS you find on the Internet that can not be varified. Your first 3 Xtranormal vids were excellent.The 4th, not so much. Hope you learned something from that.

    Don't let this message bug you either, you're doing a great job overall, just remember to also be humble and learn from your mistakes along the way.

    My best to you.

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