Okay here's how its going to go today:
1. Just in from a trader on the desk-Blythe is handing out 30-50% premiums OVER spot to settle in cash.
2. 19,500 remaining resolute. So you see where her problem is still???
3. In order to get this to ZERO, she needs to HAMMER the price today to entice more to settle for cash before Monday.
4. Bring it you world corrupting whore, we have campaigns coming soon that are going to spread to the world this time.
5. Just received another text, 4500 contracts will not be settling in cash no matter what the premium is...is this the Wynter Benton group? They are going to have to do better than that!
Get ready for battle! Use this info to your advantage, put those bids in and wait for the thunder...you know how to thank me.
How low will she have to get it to shake 'em out?
ReplyDeleteInteresting. 30-50%. I am sure that this news has spread to all the desks. What wouldn't stop someone from buying an additional 10,000 contracts today, to make the premium rise to 70%, or 20,000 for an even 100%?
ReplyDeletepossibly b/c she has a bottomless pit of money...?
ReplyDeleteSeems like it might be a good way to get a decent return on an investment for a day... Buy a few thousand contracts, and then wait for the call.
ReplyDeleteA bottomless pit doesn't matter if someone is resolute and stands for delivery.
ReplyDeleteBuy 10,000 contracts today. Wait for a phone call.
>> What will it take for you to settle for cash?
How about 75% premium?
Me>> No thanks, I want the silver.
>> What if I told you that we can't get you that silver for 2 months?
Me>> Then I will call the financial press and expose this. BTW, I am recording this converstaion.
I WANT MY FUCKING SILVER.
Saturday.
>> Hi there, we have decided to offer you 100% premium if you settle in cash. How does that grab you?
Me>> Make it 150% and you have a deal.
>> That's a little ridiculous. I will have to speak to someone about this before I can offer you that.
Sunday
>> Okay we will offer 150%, but that's final.
Me>> I don't know, I had a change of heart last night, I think I would rather have my metal.
Pause......
>> 200%?
Me>> Done. See you in May.
Bottomless pit right? It can work both ways.
YESSSSSSSS!!!!! Fuck you Blythe. I'm going to be celebrating today and swimming in my in pool of maples. Wynter Benton is going for the jugular...
ReplyDeleteIf you can't break their silver, run them out of their money...
ReplyDeleteSE
YOU ARE THE MAN SGS!!! Tremendous call yesterday to BUY THE DIP. Did just that @ 32.02. 5,000 oz. of pure white metal. FUCK YOU BLYTHE YOU SKANKY BITCH!!!!! LOVE YOU SGS!!!
ReplyDeletePaper is for chumps...GIVE ME THE METAL!
ReplyDelete30-50% premiums? That seems insane, don't see the point of offering these ridiculous premiums when its going to end one day in the near future anyways. Although I suppose handing out fiat notes isn't a big deal for them.
ReplyDeleteIf this is true why aren't big players going long like mad?
Here me out on this one.
ReplyDeleteLets just say for the moment that WB is the real deal and she is the mouth piece for a group of hedge funds directed by ex-JPM traders.
One of her last posts said that she is no longer going to post and even some of her future actions might short the market with JPM. However, she also said if things go the wat they expect there would be fireworks by Friday (today).
With this in mind let me put forth a theory.
Have any of you given thought that th WB group orchestated the major dip after the close of the Comex yesterday by shorting the system? With the plan to run up the price, in the afternoon I suspect, to screw JPM even more. That would put them in one hell of a postion to clean up.
In addition based on this scenerio, the chart would be favorable for the technical buyers to jump in on Monday after the Friday run up. Not to mention the afternoon surge would not give JPM much time to react.
I know that this is just a theory, but it does explain and mirror everything that WB was trying to tell us in her posts.
We would have must time to wait....
Anon-big players are no bodys to the morgue, they are a big bully on the street, try to fuck them, and they will feed it to you by cutting off your food supply, thus, dont bite the hand that feeds you. Plus,why would you put your firm in jeopardy if this truly is the day of reckoning and comex defaults?
ReplyDeleteOddzon: I dougt that was orchestrated by WB yesterday...it was perfectly timed PRIOR to the oil margin hike news, only JPM gets news prior to news.
silver is very small market, JPM(FED) can buy all the contracts with 300% premium. We just do it again in May.(300% for one day profit, I am happy)
ReplyDeleteWhat are the chances of no raid today, even if this information is correct?
ReplyDeleteThis is awesome... I feel like one of the spartans shield in hand waiting for the golden horde to attack. She's screwed. This will be epic man...epic.
ReplyDeleteSGS, quick question in regards to your comment: What happens to silver longs if the Comex defaults? We lose our entire investment?
ReplyDeleteI have to say I am rather UNDERWHELMED regarding the predictions made by WB and gang. Assuming they exist, they "failed."
ReplyDeleteAt any rate, I put in a stink bid. We'll see if it gets hit.
you need to wait until the Comex FINAL report is out. you're using a preliminary number for Mar silver. there is often a big difference
ReplyDeleteSGS, I get the idea but last time I checked the big bully wasn't handing out donations! lol
ReplyDeleteJust figure we should be seeing more open interest if they are handing out ridiculously high premiums.
Slightly OT - but WTF with some of the miners? Quite a few not even keeping up with the rise in the physical price. Getting the idea there is some serious short selling (likely naked) in some of these stocks.
Flaunt, may i ask exactly how bad your bid stinks? ;)
ReplyDeleteJust got into this and looking for some direction on what dictates a "stink bid" in this situation.
"silver is very small market, JPM(FED) can buy all the contracts with 300% premium. We just do it again in May.(300% for one day profit, I am happy"
ReplyDeletePerfect I'm happier with $50 May silver b/c of this, kick the can down the road till its $500 I dont care, eventually this game comes to an end. Winner winner chicken dinner.
Dave: I know, lets see what happens.
CNBC CONTINUES TO BE A FIAT WHORE
ReplyDeleteI know...I know, but sometimes it just gets to ya. This morning on CNBC with Mark Haines and his ex-goldman side kick Erin Burnett, they had the CEO of Great Panther on.
First, Mark says "Well the digital silver camera market hurt silver didn't it?" CEO, Robert Archer says..."Well, it did a little at first, but now its a NONE ISSUE"
Then Haines askes Archer..."So what else is silver used for?" Archer gives him the typical responses of electric, solar panels, medical...but says its the INVESTMENT DEMAND that is the major force.
Haines then quickly replies..."OH..you mean SPECULATION." What an ass that MARK FRICKEN HAINES.
The last question these two MORONS ask comes from the sidekick...ERIN. She says..."Do you think this investment demand will continue?" Archer gives the reasons why he believes it will..and that is the end of the interview.
Of course they talk about US Treasuries as good investments on that LOUSY NETWORK even though the FED now has 37% more than China. Check out the chart below:
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/von%20havenstein/Fed%20Holdings%202.25.jpg
No SPECULATION in US TREASURIES....only in silver according to FART HAINES.
MORAL OF THE STORY......F*CK CNBC.
I saw yesterday a lady drop 5K on a 100oz bar and bunch of rounds. This isn't speculation. This is a f*cking run on silver. They have no clue... F*CK CNBC.
ReplyDeleteMate thanks for this info.
ReplyDeleteSerious business indeed.
My bids are in.
Come and get them. Today maybe I get to be on top....
Your all crazy. What you don't understand is that my little Blight knows that folks will take the money. The only people who don't want the monoploy money anymore are the Chinese and they are all asleep right now. Thank god the world is round like my little Blight's head or she might have had a problem on her hands this time.
ReplyDeleteJohn, about 20% under ask for some options. Pretty stinky.
ReplyDeleteSo assuming 4500 actually stand, that's 22M ounces of silver which is fairly significant. It took Sprott several months to get that much silver for his trust and that was before silver was in backwardation.
I'll be very interested to see if the backwardation persists once people are done rolling contracts.
Short term I see the price going either way. If our Buyer(s) of Size disappear, there's nothing to prevent a sharp pullback.
Why does hammering the price today entice more to settle for cash? Can someone explain? TIA
ReplyDeleteI'm quite surprised that there's little or no talk about bill winters here... rumor has it he's got about 4500 march tulips. Anybody see a connection?
ReplyDeletecmusat,
ReplyDeletewhere did you get that rumor from?
Would be a nice "back at ya" for Winters and Renshaw Bay to take a swipe at the Morgue.
ReplyDeleteDave in Denver... Hi I'm in Denver too. With the naked shorting of the stock. Go back a year ago and see what happened to Volkswagon stock when it got caught in a short Squeeze..
ReplyDeleteSGS.. as I look at the shootijng star graph, are you telling us we are do for a nother down leg? I fully expected to wake up and see silver down a buck or more, not up a buck..
With the price rising, does this mean we have enough longs standing for delivery?
cmusat
ReplyDeleteCan you elaborate - what are March tulips? Sorry for the ignorance...
JFC
Grandma bought 500oz from Tulving after half hour of talking to me...definitely a run on silver
ReplyDeleteI am in Denver too. DTC I - 25 199 exit
ReplyDeleteBlythe: "What Happen?"
ReplyDeleteDesk Trader Monkey: "Someone set us up the Physical bomb. We get signal"
Wynter Benton "Good morning gentlemen"
Blythe: "You?"
WB: "All your Bullion are belong to us. You will not survive make your cash premium"
lol, robert love it! and I'm also assuming English is definitely not your first language! Lol
ReplyDeleteHAHAHA... I just Hit the 100th "I Hate Blythe Today"
ReplyDeleteWheres the Dip??? I had $4200 ready to buy but NOOO... I wonder if Monday is gonna be the last dip before we see $40.00 Silver...
SGS- Thanks for all of your work. I've got fella's buying silver at work now, ive been posting stats every morning on the whiteboard.
I might just go ahead and say f**k it and buy now, and that will be that. Monday might run it up above $34 again, and after that, I doubt we will see it below that again.
Cheers to all! Keep hording!!!
As fAR AS i KNOW ANY AUTHORIZED PARTICIANT WITH A SUFFICIENT NUMBER OF SLV SHARES ( BASKET) CAN REDEEM THOSE SHARES FOR PHYSICAL SILVER FROM SLV, SO THERE'S DEFINITELY A WAY FOR jpm TO GET THE PHYSICAL TO DELIVER? ANY COMMENTS?
ReplyDeleteLol, Robert.
ReplyDeleteSilvergoldsilver, check this video and you'll get it: http://www.youtube.com/watch?v=vfwqvUPIRkg&feature=related