Tuesday, March 1, 2011

OI paid off by Blythe, CRIMEX is dry of silver 100%

CRIMEX/COMEX NEWS:

Gold:
-OI Rises
-100,300 oz standing for March

Silver:
-OI drops from 4250 to 2833 Goodnight Wynter Benton. Thats finally done with.
-May OI OI rises from 82,657 to 84,753, March bailers putting cash they made from Blythe into these contracts now
-violent movements of massive amounts in and out again, most likely just printed to confuse us
-SLV magically finds 878,759 oz last night
-SPROTT PREMIUM PSLV is 17.31% that deserves a WOWzers!

I would like to comment and put the Wynter Benton issue to sleep. As I said before in an article posted last week, where I dissected the last bullshit post from the WB group, found here Click here for WB
Now that the OI has dropped due to some Blythe cash premium induced level so the CRIMEX doesn't default, I can assure you the WB Group, at this point, is a myth. Done.

Now that I can post links and really blow this bitch up, I would like to draw your attention to a post about the middle east, here Middle East, and go over some points.

Like I said the contagion would spread, and when its get close to the holy land watch out!. Note that Israel's little bitch, the USA, is following any order they give them. "we need warships here asap!" Done. They are feeling the heat now with Bahrain and the Saudi "day of Rage" quickly approaching. I love being right. Rest assured, there will be more carnage in the middle East, this is just the first inning.

Moving on to more important things now. The metals markets are in shambles. I can honestly say the numbers arnt making a whole lot of sense, so making calls for an increase and decrease in spot price right now is tough, I'm not going to lie. Instead of disappearing at the most important time (now) like the Wynter Benton Group did, I will stick around, call some people, and make the calls necessary to get through this in one piece as we approach critical levels.

After all, CNBC says $130 now, so this is when I'm cautious not to overshoot here.

We have come a long way since the first bears video spot price and metal shortage...absorb what you can, Blythe is not done yet, trust me.

See you in the morning...lots of comments tonight, lets ask away and help each other.

QUICK NEWS:

Feb Eagle sales soar to records again, UK Royal Mint sales double, Ben says raise the debt ceiling or 2008 will look like Disney land, GM going to zero, insiders selling billions, The Goldman Sack had only 25 losing trading days in 2010, 10,000 lawsuits filed against the Morgue, $100 oil, Brent is something like $431, Tanks rolling into Bahrain, and yes, more fires in the middle east! And more to come too!

31 comments:

  1. If, IF Blythe needed some physical for delivery (now or in future) couldn't she just naked long a boat load of paper through SLV and go with the flow? Higher price would flush alot of physical into the voracious market. Only IF she was looking for some

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  2. Sorry to be dense, but what do you mean when you talk about ways to thank you? Is it by checking the "I Hate Blythe" box? Or when you say something is brought to you by you-know-who. I've started checking out your blog and none of this is obvious. (Actually, I'm still trying to catch up on the technical stuff...)

    How about a special page of a primer for new readers?

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  3. Sprott says silver at 50.00 by April. My may 38's are looking good.

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  4. This is my first post here. I have been following the website for a few weeks now.

    Does anyone follow Adrian Douglas? I would be interested to hear comments on his information.

    https://marketforceanalysis.com/article/latest_article_02511.html

    Sierra, I most likely have a completely different visual image of your "38's" that what you're intending.

    Best Regards and BTFD (if there are any left),
    neonbeef

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  5. Jaws "what is naked long" mean?

    Drake: In order for me to get paid, I need you to pay attention to my google sponsors, and if you are 'attracted' to any of the ads, feel free to visit them as I dont have a donate button, nor will I in the immediate future.

    Sierra: I think I will be able to sell my $35 2012 Jan calls at $65 by then. Oh boy! and to think what I'll do with all the fiat I've gained....maybe buy some inflated gasoline at $7 gallon?

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  6. Adrian Douglas is a board member on GATA.ORG, who has spent a decade proving metal market manipulation. Cream of the crop.

    http://gata.org/about/committee

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  7. If Crimex is empty...They have to steal from the SLV stash to make deliveries. Wonder how much is left there?

    I still think a default is possible THIS MONTH.

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  8. Do you think we will have another dip back down to 33 or 32? I was going to buy more last night and I came home from work to this!

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  9. Not if physical is gone.

    Buy with both hands and don't wait. The dip really doesn't matter if it happens...because in a month the prices will be much higher.

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  10. David: It's impossible to chart even though I'd like to think I can figure it out. Go visit Trader Dan Norcini
    This will just give you a decent place to get some chart speculation. And that's all it is is speculation.

    As far as trying to buy a dip you might try waiting for a dip to say maybe 33.10 and head to:

    SGC

    Try their STINK BID which I haven't seen any other distributors have a tool like this. It may be a chance to get some bullion lower.

    This is not advice nor is it advertising. It's just a suggestion.

    What do you guys in Canada think of this SGC dealer?

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  11. Garjek: You are turning me into an embedded link addict now. I feel like a computer programmer. You really are a genius.

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  12. Oh for your guys that like guns and stuff here's a good source:

    Snake Run Sports

    (It's all because of Garjek)

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  13. If you want to just get some bullion fast you'll have to pay for it but EBAY is another choice: I don't understand why people are paying $800 now for a roll of American Eagles. EBAY is great for buyer protection but the prices are bidding rather high for me. You could grab a roll there just search "American Silver Eagle Rolls" or "Canadian Silver Maple Leaf Rolls". (No link this time)

    Here comes a drop-off right now. You could try one of those STINK BIDS but I don't know exactly how low this is going to go.

    Something really strange is going on all the time. Try to take advantage of it here but this is not for EBAY. This is for an online order as I indicated above.

    I'm about as pissed off as I can possible be actually to see that drop there. I really don't want that for a good 2 weeks here at this point. This sucks!

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  14. All of this shit is starting to make my fucking head spin! But let me throw this out here and see what anyone thinks. So the Chinese we know are buying up GLD to then turn around and take delivery. So I can't help but think they are also behind this Ag freak show at the CRIMEX too. Blythe just paid off nearly all the OI, and now they're coming back for round II? I think this is all smoke and mirrors now. Who's to say they're not taking this pay off, laundering it through the SLV (which supposedly still has a stockpile) and then standing for delivery to clean that out? These numbers make absolutely no sense anymore like you said SGS. After all, we've fucked the Chinese real hard....I'd certainly want revenge too! I bet Blythe has a sweet pad all set up for herself in Shanghai already! EAT SHIT AND LIVE BLYTHE! You're day is coming you filthy bitch traitor....

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  15. How about monetizing this blog with an email subscribe form for those who hate twitter FB and RSS..??

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  16. Thanks so much for the update SGS. Now I would like to offer the evening news from Camp Masters. BB is super stressed after his speech today. He has joined my little Blight for a sleepover. The little bitch still isn't talking to me but I overheard them saying they were going let their hair down (especially BB) and give each other Mani/Pedis. BB keeps going on and on about a special new iPhone app that the Fed created just for him. It's called "Mr Chairman", and I guess he is the only person in the world who can download it. I caught a peek at it when he opened it to show Blight. It's one screen like a calculator except all the buttons say "0" except for the "1" and another button that is labeled "FLOOD". Moving right along; they have both built their own Blanket Forts on opposite ends of her boudoir. They are playing telephone with used dental floss and little plastic med cups. At first I couldn't hear them as they are being all top secret, but I tapped in with a tape worm my that my Little Blight passed this morning. I was only able little chatter before they busted me and Blight reswallowed the worm. As SGS would say here is the insider info. They were talking about Rahm and his recent win in Chicago. They were surprised no one has asked why he is now the mayor of Chicago and they were speculating what plans capital H.I.M. has in store for the Windy city. BB bet OHare and Blight bet on L-Trains. I also overheard them talking about the New Madrid and how the media is blaming all the recent earthquake activity on Fracking. They cackled away about how they couldn't wait to use HAARP to complete their witual and reverse the flow of the Mississippi River. I know this all sounds crazy but I don't make the news, I just report. One more thing, SGS I agree with the other person who asked if you could breakdown what all the technical info you give us means (to dummys). My Little Pony doesn't educate me on these things. It's like she doesn't even remember how much ass I ate to get her that scholarship to The Kings School. I am glad that you enjoyed my post this last weekend but if at any point you stop wanting updates from Camp Masters let me know.

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  17. SGS sorry for my lame terminology, I'm not a trader by any means but, what i meant was just "click" a bunch of buys through slv even though noone at all is behind them, just the opposite they do now by flooding "shares" with noone behind them at all, just to drop the price down. Maybe i'm in outerspace on this one. One more thought if they do the position limits it will be to protect them from the Chinese taking delivery. Because they don't have much if any as we all suspect. It looks like a logical plan to combine the two thoughts and shake some profiteers out of some physical no?

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  18. Updated my status on fb with this: We are moving from a Human Resource based global economy to a Natural Resource based global economy. Prepare accordingly - and that means acquiring as much natural resources as possible while you still have an income from your human input.

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  19. jaws: in theory yes, in practicality no. Many problems with that, one being options. The morgue has written so many calls, I'm not sure what they are going to do with them. If it was just a straight trade yes, but there are 100 different ways for them to loose doing that, not to mention pushing up spot and sustaining billions in losses.

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  20. Blights mom: HAARP is in play. Testing has commenced.

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  21. Silver Eagle suspended again!!

    http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?catalogId=10001&storeId=10001&categoryId=13738&langId=-1&parent_category_rn=10191&top_category=10191

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  22. its uncirculated, but still tells me that they cant find bullion blanks to keep up...hi ho! hi ho!

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  23. Something doesn't jive here. If they are paying off the OI, and they are returning for more. Blythe and comex must have an exit strategies. They can't just keep shorting it. They fail in Dec and MARCH. What makes they success in May ? Investors around the world hear the 31 year high almost every week. They would be circling the silver also.

    JPM, crimex must have an exit strategy. It is becoming a water heater with a fault valve. Pressure is building. It bound to explode and take out everyone around. Keep shorting won't go anywhere. It has been squeeze over and over again.

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  24. coconut,

    NOTHING will change as long as the music is still playing.... :) but once it STOPS then WATCH OUT!

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  25. If what is called the 'WB group' trade for a single company or on a single account, the maximum number of contracts they can hold into the delivery period is 1500 contracts or 7.5mm ounces.

    See the CBOT Rule Book, Capter 5, Position Limits

    No single entity can take delivery on more than 1500 contracts. Rules are extremely strict on 'pooling of accounts' and so on.

    Since there are indeed more than 1500 contracts to be delivered against, this does not rule out their existence.

    Exemption is possible only for 'bona fide hedgers', aka the Morgue. You may hate calling it 'bona fide', but these are the rules.

    Victor

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  26. Blowout possible in gold, force majeure in silver, Rule tells King

    http://www.gata.org/node/9659

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  27. If WB exist, I'm certain that that they are not a "single entity" in terms of contracts, more like an affiliated group of separate trading partners all with the same goal and strategy. So they could well hold many more than 1500 contracts.

    "Israel's little bitch, the USA, is following any order they give them..."

    You don't think the USA has a huge vested interest in the middle east aside from Israel? I think so...

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  28. Lord Kross: please read up on the history of american foreign policy in the middle east.

    Washington Report on Middle East Affairs http://www.wrmea.com/. Consider the Cranston Amendment.

    SGS- excellent jottings. I've learned so much through visiting your amazing sponsors.

    How desperate is America for oil? are the ships and troops en route going to land for humanitarian purposes and then stay until new government agrees to break contracts with existing non american competitors and give americans back their king idris concessions?

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  29. Not enough metal to put dollar back on gold, Bernanke says

    Submitted by cpowell on Tue, 2011-03-01 23:47. Section: Daily Dispatches
    And plenty of derivatives to keep the dollar off gold.
    * * *
    Bernanke Unfazed By Gold Standard, Currency History Queries
    By Michael R. Crittenden
    Dow Jones Newswires
    via The Wall Street Journal
    Tuesday, March 1, 2011
    http://online.wsj.com/article/BT-CO-20110301-714533.html

    WASHINGTON -- Federal Reserve Chairman Ben Bernanke defended the central bank's effect on the dollar Tuesday, pushing back at the idea that policy makers should consider alternative proposals like the gold standard.
    Bernanke, appearing before the Senate Banking Committee, was pressed by Sen. Jim DeMint, R-S.C., on the viability of a return to a gold-backed economy or the idea of the Treasury Department issuing bonds payable in gold.
    Bernanke, who has studied the issue, said a return to the gold standard wouldn't work.
    "It did deliver price stability over very long periods of time, but over shorter periods of time it caused wide swings in prices related to changes in demand or supply of gold. So I don't think it's a panacea," Bernanke told DeMint.

    Additionally, Bernanke said there were a number of practical issues that would prevent the return of gold as the world standard. Namely, there's not enough gold in the world to effectively support the U.S. money supply.
    "I don't think that a full-fledged gold standard would be practical at this point," Bernanke said, declining to opine on the gold-backed bond issue because he was not familiar with the idea.
    Sen. Mark Kirk, R-Ill., also engaged Bernanke on the currency issue, questioning whether the Fed's $600 billion bond-purchase program is in effect monetizing the U.S. debt. Bernanke noted that the U.S couldn't have currency outstanding if there were no Treasury securities to back it up, and that even the most steady economic times the Fed engages in the buying and selling of U.S.-backed securities.
    Kirk, however, noted that the United States did have currency not backed by federal debt at one time in its history: under the administration of President Andrew Jackson, the nation's seventh president.
    Bernanke, appearing amused, was quick to respond.
    "So this was before the Civil War. This was during the period where individual banks issued currency. We didn't have a national currency," Bernanke said.
    Not to be outdone, Kirk asked whether it was possible for a country to have a currency without a trillion-dollar debt. Bernanke said that was the case"

    end

    As I read this, I couldn't help but thinking to myself that his arguement is very one sided. Either gold and other PM's are grossly overpriced or substantially undervalued. It would appear from that the Bernanke has his philosophy wrong, as his true fiat banker mentality shows. He is thinking of Gold relative to current price with a relationship to money supply. AS he sees it, there is not enough gold "at it's current price" to back the massive money supply of the US alone. In real terms he has just supplied the basis for the argument that Gold, Silver and other PM’s are grossly underpriced within this relationship. We can have a gold standard and you do not need more metal to achieve it, the metal just needs to priced in real terms as a relationship to the money supply. This underlying fundamental would imply that the PM's need to be 10's of times higher than their current value. We may very well see this as more citizen's around the world flee their current currencies for the safety of precious metals.

    Jack C.

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  30. Blight's Mom, are you kidding me? Hair??? What hair?! Have you seen BB in the last 20 years?

    Oh... You mean the other kind of hair. Ugh...

    SE

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