Wednesday, March 16, 2011

Ted Butler confirmation, get ready for the buy of the century (physical)

JPM shorts 6000 contracts as if to know this 'natural disaster' was coming. Makes me wonder sometimes.
Forget a comex update tonight, I hope you had your puts and shorts in place because this is going to get fugly. And with options expiring too, its like Xmas again for Blythe in March. Read below about how fucked up the situation is, and this earthquake is throwing our entire plan off course for the short term.

Harvey states:
"Ted Butler reported today that he has never seen greater than 50% of oz of silver to be served vs served this late in the delivery month. He also stated that this has never occurred in any metal or any commodity since the comex officially began. I reported this to you yesterday and I am glad that he affirmed this."

There you have it. Blythe is cornered, and now we have a global equity sell off, b/c of some HAARP induced bilderberg quake, in which you know by now SLV is an equity and that will surely be naked shorted to death, and spot will follow it down.

Here's my advice. If you hear the screams, if you see the red, if you think of selling and the panic vomit starts to creep up in your throat, buy it (physical). It takes a HUGE sac to step into whats coming, but trust me, once the dust clears, you will thank me by sending me thousands of by then worthless $$ into the donate button.

Scenario:

Market gets pumped, options expire, SLV gets fuckin hammered along with the DOW, and your 401K, again. Spot ticks into the high 20's. The world buys anything they can at these prices. Physical goes, literally, extinct within a few days. Price discovery to commence. Ben announces another QE to support markets. Hello.

Not saying this will happen. But I hope it does. So get ready for the buy of the century. Opportunities like this rarely occur when you have your opponent down and out so early in the 3rd inning.

Did I not say you would need to keep the puke down this week?

Where is the Middle east in all this...? Keep your eyes on the prize, dont be sidetracked. Hold onto that metal, you'll need it.

Be sure to thank me;)

43 comments:

  1. SGS,

    How sure are you about this whole HAARP thing?

    I happen to see this post:
    http://www.atlanteanconspiracy.com/2011/03/japan-tsunami-caused-by-haarp.html

    I cannot believe this can be human induced catastrophe.

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  2. HAARP / Earthquakes - I don't know. HAARP / Weather steering - plausible.

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  3. Is it that far fetched? We have been controlling weather for decades now...they had HAARP long long ago...imagine what it can do now.

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  4. whee!!! this investing stuff is easy!!!

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  5. Damn hope my SDS calls pay out, I was fucking around with them yesterday trying to buy 20 of them at the bid and the fucker filled them. OOPS :)

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  6. elegant...go look for the jesse Ventura Show on HAARP, I was laughing at him when it started, by the end I was a believer

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  7. My powder is way dry (loads of $$ cash ready). Dive, dive, dive to the upper 20's...backing up my dump truck to capture pools of eagles and maple leafs! :))

    BTW...my take on HAARP is that the precision of the quake and tsunami and the subsequent damage is just too perfect to be random. Remember there are 600,000 spent fuel rods onsite. God bless the workers and their heroic efforts to contain this mess.

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  8. if the silver priced dropped . after a point the price would be stupidly low with none available so yeah its twenty dollars an ounce, mr. apmex i would like 100 oz.s ok sir give me a year to maybe get that to you maybe...there are to many of us licking our lips for the chance to go all in...so their paper price will be a marage....am i wrong?

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  9. SGS and group,

    What to do with miners? Obviously, we've all been slammed. My gut is to hold on to everything vs sell at a loss and face uncertain re-entry. Eventually PM's are going to blow back up, and barring MENA Black Swan 3.0 that kills oil supply and makes the very act of mining/smelting cost prohibitive, I would think miners would pop back up in kind. Gonna hand onto my big chunk of PSLV I think... but the miners (silver, cold, and beyond) have been a fucking roller coaster.

    Thoughts?

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  10. my gpl and tkrff were positive today...i'm keeping them....

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  11. Well ScotiaMocatta has been sold out of almost all silver forever now. The price can drop as low as it can go, good luck getting physical silver.

    Every dip Scotia sells out of silver in hours.
    I hope this correction is harsh, I mean a real ball buster. Buy up, QE3, then QE4 is just around the corner.

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  12. I called my supplier on Sunday and they finally got back to me today. I ordered a ton of Potassium Iodate and my supplier stated that it's on back order for this reason: ARE YOU READY FOR THIS?.....(this is no joke).....

    The U.S.A. Military had ordered a shit ton of Anti-radiation pills a couple of weeks ago and that is why they are out at this time. A couple of weeks ago? Who knew about this?.....developing......

    I used to be a doubter about HAARP but I've been watching weather since I was a boy and I have been convinced of HAARP already 15 years ago.

    I used to think the contrails were no big deal. I'm a former major air traffic controller and I am convinced of the chemtrails now.

    I'm also convinced of tectonic weaponry.

    Obama is coming for guns next 30 days. Don't know what to say about silver and gold right now. Just watching.

    See my blog: The NewsUNIT Blogspot

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  13. What do you get if you cross a Bull and a Bear?

    The endgame in Libya begins. The UN has just implemented a no fly zone over Libya, which means the bombing may commence. As to what Gaddafi's retaliation will be, and whether he will burn down the oil wells, which previously were in rebel hands, but have since fallen back into his control, we will surely find out in the next 24 hours.

    http://www.zerohedge.com/article/let-bombing-commence-un-imposes-no-fly-zone-over-libya

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  14. How far do you see Tinka dropping?

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  15. What's the time table on this giant silver/gold dip? Tonight is the night that I decide whether to hang onto the cash for silver, or to use it for supplies I don't have yet. I have a fair amount of silver for a wage earner, but something tells me that I should be more focused on supplies.

    SE

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  16. SE,

    Please make sure to have the supplies. The time was yesterday-to be prepared. Your shiny silver bars and rounds will be lonely without you!

    AC

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  17. SGS,
    you ARE the bright "spot" in my day, you're fuckin' hilarious! Thanks for the road map for the "short" term, I appreciate it. You have been "spot" on thus far and I anticipate your batting average to increase "short" and "long" term... Peace.

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  18. tis the time to ultra short silver

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  19. does anyone know the name of the metals dealer in scottsdale,az that had an ad on this site at one time?

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  20. @ Ryan, Im in the same boat! I mean I got physical AU and AG, but im sitting on lot of miners and I dont know what to do. I need a game plan tonight!

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  21. "How far do you see Tinka dropping?" - not at all, its been well bid. I see up and down in the 40's till drill results. Lets see how far this japan game sends things though...

    I will be posting a Tinka report soon...I am a heavy buyer here anything close to .40, and I will have to get a 2 nd mortgage if she goes below .39 in order to buy another 500,000. Again, my sell target is $1.50. Hopefully people are dumb enough to give these shares to me.

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  22. @ Gary - scottsdalesilver.com - I've been a regular buyer from them for sometime now. Each order is taking longer and longer to ship and the premium has been slowly creeping higher, but overall I've been very happy with the product and service.

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  23. Oh and I forgot to mention, 90% of agricultures are up AND copper, most notably b/c Blythe has 99.9999999.99% of that market. Crazy eh?

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  25. malcolm: dont be in margin. everyone's investment purposes are different. sell to your sleeping level and enjoy the weekend, weeks ahead in this time of madness.

    http://www.amazon.com/gp/product/0471770884/ref=pd_lpo_k2_dp_sr_1?pf_rd_p=486539851&pf_rd_s=lpo-top-stripe-1&pf_rd_t=201&pf_rd_i=0471059706&pf_rd_m=ATVPDKIKX0DER&pf_rd_r=1TKG2QSG9TYQFKG8K711

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  26. Thanks for the reassurance! Im not on margin and still have a ROI of 13% was up 29% a few days ago, unrealized though!

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  27. @newsunit - what you know about chem trails? I just started watching them over LA - very meticulous how they lay them out.

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  28. AC,

    Thanks. I just made my decision to buy supplies. I have just some holes to fill in, like bathroom and kitchen supplies, some winter clothes, additional footwear, more batteries, etc. I have a lot of other things in place. Looking at some paperwork and files, I see that I have another option that would allow me to buy more silver if it will come down decisively below $25, preferably $18-23 (though the extreme low is not so likely now).

    SE

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  29. @newsunit,
    I believe based on the sole fact the only thing we are missing doom-wise in the world right now is a good old fashioned terrorist attack. Betcha the next one here is of the nuclear type.

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  30. Here's something to throw out at you guys:

    Greed, and greed for security. Beyond the edu-tainment factor of this quadrant of the blogosphere, I think we all share a conviction around the fundamentals of prospects for the printing press ponzi vs. PM's and such. With that in mind, with PM's being the endgame until socio-eco regime 2.0 gestates, how important is physical to you?

    We don't know if spot will touch $20's, if/when it will spike. No one is Miss Cleo with a clear read on the crystal ball. We don't know if Japan will remedy or implode further.

    Here's where I'm at: $25k visa limit on a completely paid off card at 10.99 APR.

    To what extent would you buy PM's on a card, and at what spot?

    I've always done wire transactions to date and loathe debt... just curious if it might make sense to load up, with intent to pay off in 6 mos, pending black swan.

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  31. unrealized PORTFOLIO gains dont matter (i think dick cheney said that). how are your stocks doing or what ever the investment? I had 70 percent unrealized gain in ICO heading towards the ides of march. the stock could continue to go up and its a lovely company and coal is looking good. as much as i liked having uncovered the stock and decided to buy it - it was time to depart from the affair on happy terms. ICO went up nicely the day i sold it.

    i thought i should free up some cash for the down trend that i felt was arriving and, then there was an earthquake so i'm glad i sold and await further developments.

    if the portfolio unrealized gains are now merely 3 percent- who cares. revenue 20. costs 19. BLISS.

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  32. The metals dealer in AZ is Scottsdale Silver (www.scottsdalesilver.com). I have bought from them and they are great.

    Also, I have 60 ounces of silver (combined Eagles, Buffalo Rounds, bars from Scottsdale Silver (very pretty btw), and Kennedy/Franklin halves). I have a portfolio of mining stocks like UXG, USSIF, CZICF, RAREF and others that I sold 75% of the position. So I have 75% of my portfolio in cash and 25% in mining stocks. My thought is to buy more physical silver on what I believe is going to be a big correction. Finally, I plan on buying back my mining shares on the cheap, as I'm expecting them to go down. I emailed with Bob Chapman and his advice is to go long and stay long on the shares but I decided to liquidate 75% of my position. I think I made a good choice.

    Thoughts?

    Thanks in advance...

    Adam
    adamworksforus.com <--- shameless plug...sorry.

    But you can see my mining stocks portfolio by going there. I'm now a subscriber to this blog. Thanks SGS!

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  33. Most people that run a business are not going to be selling their Silver for less than they have in it ! They will close down and wait for the market to come to their senses.. How many of you are going to part with your physical, just because paper goes to Zero ! There isn't that much silver out there at the moment.. Several of the places I buy from are pretty much on back order.. I've been hitting the coin shops lately, because it's quicker.. I'd rather pay a little more and have it, than play musical chairs at the end.. How many chairs are left ? I don't know what top is, but at these prices, it's CHEAP ! Silver is RARE !

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  34. How bittersweet this is...fucking David Morgan is going to be right. Maybe his subscription is worth the 8K.

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  35. just ckeck over Apmex silver bar inventories:
    100oz bar only 35,
    1 kilo bar only 25,
    10oz bar only 237,
    1oz bar under 5000.

    wow.

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  36. Sold all my unallocated silver.... will see how this unfolds. Bring on high 20s

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  37. I've been trading the miners on the dips. Last time around I got into AUY, GG, and EGO, pretty low and am looking to add the trading position back.
    I think it pays to hold SOMETHING, just a small position just in case you can't get in lower than your last sale.

    I'm also in a small core of GDX and GDXJ, and am now looking to add back the trading positions on those, too.

    I will sell off the trading bits into the May-ish rally, then wait for the summer weakness to pass and buy again in the fall.

    I was hoping to get into GTU ...the premium is just below 1% but if we're bombing Libya....may miss that chance.

    I already own physical gold and silver, some bought a couple of years ago at much lower prices!

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  38. Scenario:

    "Market gets pumped, options expire, SLV gets fuckin hammered along with the DOW, and your 401K, again. Spot ticks into the high 20's. The world buys anything they can at these prices. Physical goes, literally, extinct within a few days. Price discovery to commence. Ben announces another QE to support markets. Hello."
    Bravau

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  40. 1. Please do not think in terms of fiat. You cannot make a profit in fiat. Fiat loses value the moment it is created.

    2. Please do not go into debt in finance your physical. This is what usually triggers bubbles.

    When purchasing physical, maximum damage is done when the fiat given is existing M1 rather than newly created fiat (debt generated as credit card transactions for example).

    Silver, get physical!

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  41. for the poster asking about chemtrails, believe it or not you can actually build or buy a device that can neutralize them in a radius around it. Its called a chembuster or CB, read up on orgonite.info, ctbusters.com, ethericwarriors.com

    You can build one yourself for about 200 bucks, one cb along with gifting a mile or two around will make a big difference

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