Thursday, March 3, 2011

SLV ishares Silver Calls - Looks bullish (shocking)

Nothing has changed, bets being placed for an increase again come April contract.

15 comments:

  1. Hey SGS, unrelated to your post but hoping you can still respond. You had posted EPO - Encanto Potash as a junior miner pick...i have been waiting and waiting for the RE 43-101 to be released. I was hoping it would be released before PDAC. How does the delay in its release affect your thoughts on the stock? Thanks

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  2. Unfortunately this may be a bad scene here but if this goes very low it will of course create a buying opportunity for bullion. I'm holding off on all purchases to see if this tips through $34 now and if it does.....?

    Gold isn't looking that good anymore either and seems it may take a ride below $1400 again.

    In fact the way this looks now is David Morgan got his way. Maybe we will get another effeminate limo report again from fabulous Las Vegas?

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  3. Eva if its not there tomorrow morning prior to trading I will have throw a small to medium sized tantrum, and call management after the fact. It better be out in the morning, or I think the 43-101 might be poo-poo. But, I've seen crazier things happen before.

    This 43-101 is only for the one property (they have 6)...so not sure what to make of it. It better have 150+ million like I've been told. Anything higher, and this launches to $2 by spring, maybe more. Anything lower and I'm expecting an initial heavy sell to .30 cents. It will be too late to sell then. We are in it to win it now. Good luck.

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  4. Been waiting on EPO news all week as well. It had a nice rise on Monday when the report was supposed to be released.

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  5. TK.V tinka just exploded today after a dismal start to the day in volume....wow, big player gobbled up shares...love it.

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  6. that was about the only bright spot in my day besides my short treasury position

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  7. SGS, I've only been here a week or so. Is this normal traffic for your blog, or did something happen to cause your traffic to fall off?

    I'm concerned to see far fewer posters here than over at TF blog, but that may be an indication of the demographics of portions of the silver/gold market. Lots of paper traders/bulls and fewer physical holders of the metal over at TF's place and the opposite seem to be here.

    SE

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  8. HEXIDECIMAL GUY: I think the reason there are few posters here is this is not a place for the timid. That's just my observation.

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  9. Hexidecimal guy? LMAO LMAO LMAO!!

    If i take a stab in the dark, its because the ANON feature has been removed from allowing people to post. I was one of them, and have since had to register to give me voice.

    To paraphrase SGS- Too many fucktards are hiding behind the anonymous cloak to post flames. :)

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  10. I've been watching EPO for a while myself......might just be worth a dice roll.

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  11. Hexidecimal: Traffic is spot on, fewer comments would be attributed to knowing that Blythe lives another day...up to March 1st, there was too many questions about the potential default, and now that we know that will never happen, I guess everyone knows the answer and doesnt need to comment.

    I noticed Turd the other day said there was a huge drop in traffic or comments or something...so ya, nothing abnormal here

    DocJim: 50/50 on EPO right now. I cant put my finger on it, and lips are virgin tight. In my experience if news was good or bad, a small leak would cause a movement in SP. EPO looks like AAA and WPX chart now...all consolidating. I have a fuckton of shares. 43-101 better be good or I'm knocking heads in.

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  12. Jesus, look at this...

    http://www.bankrate.com/finance/personal-finance/6-money-habits-that-are-illegal-6.aspx

    Would someone send a memo out to the Feds?

    SE

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  13. Good thing you noticed that the AOL thing gives me a HEXADECIMAL name. What it looks like so far. No Z, T or K, and apparently, AOL assigns me a hex (pardon the pun) based on my ID across all the forums.

    And by the way, I'm not a guy. Just a ballsy woman. I've been involved with this sort of research since early 2005. I first bought in around $6.50, the majority of my holdings below $13.

    I like this place because SGS focuses on what really matters, physical and SHTF. When I posted at TF's place about getting out there and buying gold/silver from all 6,000 coin shops in the US, I got very few replies or "huzzahs," if any at all.

    SE

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  14. SE wrote:

    "Lots of paper traders/bulls and fewer physical holders of the metal over at TF's place and the opposite seem to be here."

    Speaking for myself, I have crazy-long positions in physical. They are long-term, set and forget, positions. My children will probably inherit them.

    I also trade paper, buy miners, and convert profits into more physical. Lots of TF posters follow a paper/miner/physical combo strategy.

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  15. I have thought about doing that in the past, Sumo. I'm a simple wage earner making the same amount as 20-something college students, and I'm old enough to be their mother. There's the tax implications (have no idea what they are, but what I do is file my 1040A tax online from start to signature in a single afternoon and get my refund in two weeks.) for making a lot of money, I suppose. I don't make the kind of money to be involved with paper strategies.

    I've done the same thing with physical - set and forget, buy with money I wouldn't miss.

    SE

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