Thursday, March 24, 2011

Hello World! Welcome to the end of the 3rd inning in this silver trade...

Great night, nothing to get excited about. I am expecting a silver margin hike today, as Gold has not broken out yet to new highs. I would expect a run to $38 with some resistance there.

$US just went bidless. Possibly because it worth less than shit, if shit even had an intrinsic value to beginning with.

I took this picture from Jesse's Americain Cafe Blog. Its good.


I suspect Tinka to have a strong day today into new territory. I will be buying more on the breakout. UPDATE: lots of fucktards selling .54 today. Wow.

Godspeed.
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12 comments:

  1. DennisMarch 24, 2011 at 9:48 AM

    Just a little tidbit I came across this am.
    http://www.mrc.org/bmi/commentary/2011/Unreported_Soros_Event_Aims_to_Remake_Entire_Global_Economy.html
    ;)

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  2. CBMarch 24, 2011 at 9:51 AM

    SGS:
    1) Do you still advise we buy silver at any cost? ... Or do we wait for anticipated DIPs?
    2) Any feeling on how much longer physical will be around for the public to purchase? ... You said we were at the end of the 3rd inning.

    From one who checks your site several times a day, THANK YOU! I can always count on you for a good laugh and great info.

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  3. silvergoldsilverMarch 24, 2011 at 9:53 AM

    Tough to say if we are going straight to $40, or if we will see dip here to $36 again if GOld doesn't find legs and gets off its ass. We are in no man's land. Long term we go higher, short term is upto to Blythe. I'm expecting a counterattack from her at any moment, but the squeeze maybe to great right now. I'm on the fence.

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  4. Funky TapeMarch 24, 2011 at 9:58 AM

    Seems too much energy pent up underneath the rise and it will have to blow off a bit, but that's what I thought when it hit $30 and then $33 and then $36. LOL. I'd love to nab 100 oz at $30 but that would be more than a 20% sell off. When's the last time that happened?

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  5. AnonymousMarch 24, 2011 at 10:02 AM

    Does anyone think that JPMorgue will pull PMs out of its newly certified vault? No way...PMs go in, and gold-plated tungsten and silver-plated zinc or lead come out. Then again, human stupidity constantly amazes me. Eye dew knot trussed Mythe Blasters and crew.

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  6. Captain CornholeMarch 24, 2011 at 10:06 AM

    SGS, how does one find out about $US going bidless? Where is that info?

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  7. silvergoldsilverMarch 24, 2011 at 10:09 AM

    tom: just look at a chart when I say bidless, usually means it got crushed

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  8. Scottj88March 24, 2011 at 10:16 AM

    SGS, you think comex option expiration on monday gives blythe a 2-3 day window to do her thing soon?

    http://jessescrossroadscafe.blogspot.com/2011/02/gold-daily-and-silver-weekly-charts_22.html

    Definitely feel like silver is getting a bit frothy, ripe for a nice blythe move, but the technical damage has already begun... once gold moves should be fun...

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  9. Blyght's MomMarch 24, 2011 at 10:19 AM

    Is that photo from fireplace #2 in My Little Homewreckers bedroom. She is such a spoiled brat. She will only eat smores if the marshmellows were roasted over a fire that was fueled with $100 bills. One time we were running low because BB was out of town so I threw a few $50s in the fire; Blyght could tell the difference. For my punishment she made me clean her 10 person shower with a soggy graham cracker after she had the boys over to pull an all-nighter ;) You know what I mean. I am so excited. This morning I found a box of cuban cigars in the couch cushions right next to where Bill Clinton had been sitting the night of Blyghts party. He and Michele Bachmann were rather chummy. Hillary just stood across the room and glared but no one could really tell as she was wearing those blackout contacts in her eyes; nothing but black. I'm going to have to air these cigars out as they smell all fusty. Have a great day and don't forget the two ways you can thank SGS.

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  10. underwaterfrogMarch 24, 2011 at 10:31 AM

    Tinka bid at .58. Get some baby!

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  11. silvergoldsilverMarch 24, 2011 at 10:46 AM

    lemons being squeezed here, love it.

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  12. Captain CornholeMarch 24, 2011 at 10:54 AM

    $38 fake federal reserve note fuckin' silver.

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