"The Decade of EPIC Begins"
3rd times a charm..
Silver has its running shoes on today!:)
waiting for dip around 930am to 10 am and buying in more. Still have some powder.
Will the LOLlar become ever more worthless? Of course. Will it happen faster than the other fiat bits of paper? Who knows and I don't even care. My non-printable savings make a distinctive ringing noise when I add to them. Sounds like music. Sounds like freedom from banksters. Sounds good to me.
anthies asked how to trade tinka last night.I bought some on itrade and some on questrade and on questrade I had to use symbolTK.VN instead of TK.V
hahaha exactly.Hyperinflation and anarchy.Change you can believe in.
Almost seems if the resistance at 37.80 is becoming support until the monkeys come of course
onward and upward today!
Employment last numbers to really watch tomorrow for Blythe to go nutso on. See what happens into the comex close for hints of tomorrow? Otherwise, we will be 42+ and 1500 in no time.
My Little Blyght's goal today was to make the Silver price lines mimic the lines on the printout of the pulse that was taken from her vulva. Reference my post from last night :)
what is the best way to trade silver options.? Ive been doing SLV...but im afraid we are getting to close to default....and dont want to be caught when slv goes to big fat goose egg and silver takes off.
Blythe Bully Beatdown commencing
Fraud or not SLV is getting shitload of options trading. Smart money??
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i picked up another 13,000 tkrff this morn...
@freddiGood move. You have more than me now.:)I own 10,000 shares @ average price of .55SGS sold me on it.
@ abnormal biasAs long as SLV tracks the price of silver, SLV options ar the way to go. (high liquidity, many expiration dates (every week actually), small bid-ask spread,...And if SLV stops following spot silver, the worst that can happen is jou loos money on a long call position you might have at the time. Since (i hope) you only trade options with a small fraction of your net worth, you should still be fine.If you're still worried, hedge yourself with out of the money put options that go for 6 months or a year or so. Just trade options while keeping the hedge. Renew the hedge about a month before expiration (to save yourself from the worst of the time value decay). This way, you'll also profit as SLV fails tot track spot silver.
So far my option trading has been brutal. What I have done now which seems a little better is bought 5 x 2 SLW long contracts for june and sep. Then bought 3 puts for sep after my calls were plus money. Just a little insurance.Am I way off base here. This is only my second shot at them. The most I can lose is 1200 if my longs went to zero but make on my put. But if longs cash would lose 500 on my short if it went zero.If either broke out one way or other I would make money I think. This is all an expirement for me and willing to lose a bit. But advice is welcomed.Long silver on my core holdings and long XAG/USD big time
SGS,a few days ago, you said that Gensler was in Europe. Do you know where exactly he went, which conference he attended or where he gave a presentation?Thanks,Victor
A WORD OF WARNINGWe are heading into interesting times. Japan is in serious trouble, Europe is about to disintegrate, North Africa & the Middle East (MENA) are a Powder keg, Saudi Arabia is about to go under and the whole global financial system is about to DRY UP AND BLOW AWAY.SGS posted what Jim Sinclair said about being in a Hobby Farm and getting away from the bigger cities. Sinclair has also stated those in stocks should get the REAL CERTIFICATES...if that is still possible. The DTCC that services over $1 Trillion in stock transactions a day will go belly up right along with everything else when the plug gets pulled. Bank Holdidays are on the way.IF YOU HAVE PAPER ASSETS....even in GOLD-SILVER be very cautious as options, futures are derivatives. Derivatives are a security whose price is dependent upon or derived from one or more underlying assets.When the Banks are closed, so will the ATM's, Credit Cards, Online Banking, Online Stock Brokerages, the Dow, the Nasdaq and the S & P.What is the use if you "HEDGE" yourself in an instrument that you cannot liquidate when the SWITCH GETS TURNED OFF???I would suggest you seriously consider moving most of ones assets in PHYSICAL GOLD and SILVER BULLION. According to Barons, bullion has outperformed stocks over the past century anyhow.Things are falling apart a lot faster than even the most outspoken critics have forecasted.There is not much time left to get ready.
I have one question.. Is the Austrian Philharmonic silver coin any good ? Gainesville coin is selling with only 2.4 per oz comparing to 3 bucks for Maples.It has less premium than maples and silver eagle. Gainesville coin has it sold for 2.4 per oz vs 3.10 for maples Is there any good reason for that ? A monster box can save decent chum changes.TIA
@coconutrumplus:Silver is just silver. Doesn't matter if it's philharmoniker or maple leaf. The only difference for you (I assume you live in U.S or Canada) is this is a coin that can be normally circulated on the market. In means it also represent not only PM value but also market official value (with US 1$ silver eagle you can normally paid for any good). And official currency cannot be taxed if you sell this. Philharmoniker can be taxed. In Europe - it's different - Philharmoniker shouldn't be taxed.. But the rest is the same. It's just point of view - if you like it or not. Noone will be so stupid to pay 5$ maple leafs for coffe in the bar...
Arkadiusz, that spell a problem for me. I do not have many silver eagle. 1) They have higher premium, 2) I don't trust the US minting after knowing their tendency of scamming US civilians.SE is fetching 3.8 per oz on premium. It is just not worth the difference. With the so call tax in play, I may get a bit more SE then, unwillingly......
@ GoudzilverYea...i trade with a limited fraction of my networth...most of my net worth is in physical gold/silver...wouldnt have it any other way. I like the hedge strategy....something i will have to consider, but i do like SLV for the reasons you specified.
Yea what's with this $37.80? Might have to wait until next week now for $40. Can't get any American Eagles right now. Did anyone see the news on Utah here in the U.S.A.? I think the states here are going to lean into this now and cause the end of the dollar and hopefully the Federal Reserve. I was expecting more volume on TKRFF here today also. Why the lack of interest? I almost bought a bunch. Those dips are hard to catch.The News UNIT
avg joe...im up to 25,000 tkrff...
its really strange seeing my volume as a big part of today....im like 28% of volume today...i don't think that is good...we will see....any thoughts sgs
yea..i purchased 3500 TKRFF as well
@SRSRocco and all"When the Banks are closed, so will the ATM's, Credit Cards, Online Banking, Online Stock Brokerages, the Dow, the Nasdaq and the S & P."I would add, you will not be able to access your safe deposit box as well. DO NOT store your PM's at a bank!
Silver is silver, buy the cheapest physical. It's all about the ounces. But either way you'll not lose.Has anyone spread bet. I've opened an ig index account to catch some of Blythes knockdowns, then upswings. Could be fun.
sgs you angry fucker....you better not be setting us up...
That was supposedto say anyone spread bet Tinka!
Last night, I had a thought about the break down of the US. I wonder what may happen to the prisoners in the correction facilities. With the government shutting things down, will they be released ? Or will they be....."vanished" ?US has the largest population of prisoners in the western societies. If the government shutting down because of money or end games, I would think that those murderer, rapists, violent crime criminals would be released..... That is a scary thought...
@cocunutrumplusthey will be released and utilized for 'policing' duties....
@freddi - youre in over 10k in TK and you dont have any confidence in it other than SGS's word? We're all waiting to hear news in the coming weeks/months of their expanded drilling results. Odds are looking good from initial surveys based on what they found in their original drilling results. If this news is good and silver's still trading above 30$/oz, share price should see a significant bump up, depending on how big the news is.
mockra...i really hate explaining humor to people that need it explained to them....so i am not starting now....
Question for SGS (or anyone who may know):Any idea when throwing shorts at silver will become ineffective? It looks like they can't beat it down at all, but it sure hasn't been moving up too much either. Thoughts? Best, -JPDG
Minnesota fed hints at rate hike: funny stuff eh?
I see 3 trends currently occuring.1. Gold is being pushed back down at every attempt to push it higher than 14402. Silver is being pushed down at 38.803. the Dollar is trying to push below 76....these are the battle lines...any of these fail...they all fail....
Cramer did it! THE END. Might as well shut down the blogs and go fishing.
$37.80-$38 looks to be their last stand right now. We might get disorderly to the upside if we can take out $38 convincingly. Gotta love the record quarterly close while consolidating anyways.
i like this guy. If he's right we could see a bit of a sell off. Any thoughts.http://www.youtube.com/watch?v=eVKEY7cuLxI
Anybody else noticed during this "barely touched $38 and then big pushes down day": Still the highest 31-year close in silver today!!
I think the big war is going to be at $39.50. The EE does NOT want this to go over $40.
I'm by no means an expert on this stuff, more of a long term investor, but can some explain why whenever the price of the metals goes down, be it at 3:00 A.M, on the Comex open or Comex close or right after the Comex close it's considered a raid? I read Harvey Organ often too and it's always manipulated...can't the price ever just go down?