"The Decade of EPIC Begins"
Ahhh, I don't care. If the witch plays her game, I play to her rules and go short with CFDs. She just helps me making more fiat to convert in (cheaper) physical ...
Closed All position at 36.20 . Have put buy orders again at 35.30Chris says Metal crunch was also present in 2008 and people were saying that there is no more Silver at that time.http://www.youtube.com/watch?v=l7ar0alPNikI feel there was no backwardation at that time like we have now and there is high unlikely silver can fall between 20-25 $
Are you guys nuts? With enough buying pressure, we won't see $35.30 an ounce again until the 22nd century. Why run the risk? Not worth the few pennies you might make if you miss the boat.
Next few hours should be important lets see if they go for a takedown in the run up to the fix or short cover from 10am EST
Jack, This is expiry week and can be volatile. I have seen expiry weeks behaving very weird so that options can be expired the way big guys want. SGS says a pull back to 32-34 is very likely.
hoping for a takedown also, to 35.50, for the pm fix I'll be a buyer at that point if we get it.
Yeah, and given the lack of liquidity in the physical metal, spot could go up for a while.There are only 95 one hundred ounce bars left at APMEX and re-supply is at least 2 weeks away. They are going to run out and people will have to wait for a measly 100 oz bar. We are close to a severe shortage in silver, and the buying demand is not yet in a frenzy state.As I said, why in the world is anyone taking the chance? You might be right, but you might get a fist up your ass too. SGS is guessing along with everyone else.
here we go, right on schedule, 20c drop in silver on volume from 10am EST exactly
Watching today's action around 36 reminds me of the Japanese trying to cap those nuke reactors.Maybe they can, maybe they can't.
Jack, You may be right. this was the reason i did not touch my portfolio inspite of all the vilatility in last few weeks becasue i don't want to trade out of a strong bull market like this. I was just taking some risk to average the cost.
classic fix takedown, they got a lower pm than amfix, I thought they might, set early, volume drops metals head back up. BTD
Has anyone else noticed how often maxkeiser.com is down. Have not been able to get on for a half hour.
In a sea of red, Tinka looking good! TKRFF 0.488 +0.024 (5.16%)11:30 EST
awesome poster dude, do you think he pooped too?
I'm holding my 38.00 May silver options. I think anyone who sells out now is gonna wish they didn't.. this time around 2008 will not repeat. (famous last words eh?)
It seems they are dead nuts not going to let silver over 36.00. Amber had told us (if she exists) that it would be hard for silver to go over 37.00. They can't get it sold off either.I think this thing goes parabolic next week to 50.00 an ounce and the fed secretly bails out the Morgue.
FOMC/OE this week so be prepared for intensive Blythe rigging.
Has anyone seen the Anonymous report on B of A yet?
any idea how low can BOA go ?
Terry,They clearly have no morals so I would say as low as a snakes belly.
It seems that the IMF wants to issue a new global currency called Bancor:http://www.imf.org/external/np/pp/eng/2010/041310.pdfSGSis it the new global currency that you talk about in the bear videos??
The big kid in this video is silver. The little kid is Blythe.http://www.youtube.com/watch?v=kaVWwsqAQIY Long-term
I just defected from Turd's blog after he deleted a post of mine over using paper in the markets to buy extra silver versus getting out of paper altogether to stop this paper game sooner. I referenced Adolph Eichmann's claim in the Nuremberg Trails that he was "only following orders" when it was clear what his actions were. The claim didn't prevent him from getting hanged.Let's face the facts. Turd is a professional trader. What ELSE can he do if the paper market is gone? He would lose his livelihood and have to start over from scratch. That is a very real concern, and it's looking like to me he is trying to delay that and prepare himself before the paper market as we know it goes.I tried to communicate to him that to continue his efforts to play the paper markets to get himself more silver faster than he otherwise could might not be exactly endearing to those people who manage to become judge, jury, and executioner in the afternoon of the destruction of pure fiat's 40-year reign. They might consider you either the problem or the solution.Look at Nazi Germany VERY CLOSELY. How in hell did Hitler, who himself was in prison for the government overthrow attempt in the 20s, ever reach the position that he would lead a nation to its ruin? What about Hermann Goering?! He was a drug addict (morphine) who went insane during during attempted withdrawal episodes (he checked himself into hospitals). How in hell did he reach second in command?!You see... When this is all overwith, people are going to be looking for revenge, and if they find out you played the paper markets to the very end, they might do you the same way that a victimized party does its aggressors (allied forces vs. the Nazi regime).To that end, keep quiet about your trading activities to your friends or people you don't know well. I am reminded of a person who was canned from his job two years ago for asking for drugs from the wrong person, a coworker who really didn't like him after all and turned him in instead. It was shocking to find this out, but this is how lives can change so dramatically when the odds and the people involved change.SE
THE GUTTING OF THE COMEX CONTINUESBesides whether we believe the CRIMEX or not, we had another GUTTING of the inventories today:WITHDRAWN 3/14/11 = -700,718COMBINED TOTAL= 101,663,561This is the lowest inventory level I have seen in quite some time.The Black Swans are lining up. Looks like anyone with a functioning brain stem in Tokyo is leaving. They no longer believe the crap coming out of the Japanese Govt.Middle East is ready to go WACKO again. The price of Oil is now up $.52 after being down over $2.00 last night.Time to get your BEANS, BULLETS and BULLION as CNBC dishes out the VASELINE.
6a:"What about Hermann Goering?! He was a drug addict (morphine) who went insane during during attempted withdrawal episodes (he checked himself into hospitals). How in hell did he reach second in command?!"Dont be so judgmental from a simon & shuster publication. Remember, everything you and I read in the past has been completely controlled by a ZOG. The facts are what they wanted us to learn, not what they really were.
That is a possibility, SGS. But still, I guess a further point could be made that you would be made a scapegoat for furthering the financial crisis by continuing to participate in the paper markets when you knew it was time to get out. What goes around comes around, and you don't always know or predict when or how that will happen. I know that a lot of people will go after the likes of Dimon or Fuld in revenge.SE