Saturday, April 9, 2011

Comex is broke, you have to be a fuckin idiot not to see this

CRIMEX NEWS:

Gold:

-OI rising on both delivery and next month
-Volume was 115,861, and we went up again, HOW ABOUT THAT! SHOCKING.
-and for the like 8th day in a row, ZERO deposits and 129 oz of withdrawals, gets better daily here! Guys, if you haven't figured it out yet...regardless of what anyone tells you, the comex has already defaulted. Its hush hush. You heard it here first.

Silver:

-half contango and half backwardation
-OI raises to 144,647, oh Blythe....
-ZERO activity in the vaults on a day we are OVER hunt brother highs. Okay, movin on nothing more to see here.
-SLV gains 1.6 mill oz's somehow, GLD no activity LOL...

Sprott NAV back up to 18.5%

COT REPORT....CHECK THIS SHIT OUT!

JPM et al Short another 16,794 in Gold contract and shorted another 1945 contracts in silver, HOLY FUCKING SHIT...GOld would be at $4000/oz and silver $150/pz if the Morgue didnt have an unlimited Fed supply of paper. FUCK!

And if you keeping tally, JP Morgue has 125 million oz SHOT still at the Comex. Seriously, this has gone full fuckin retard.

Commentary: the damage is done...there is NO budget cut that can help. You do realize this right? If you dont, you are amongst the sheep.

I'm off, its sunny for the first time in 7 months here. More to come later. If there is a dip this week I will be maxing it out, so to speak, as if I already havent...

5 comments:

  1. "O'faggagan" comment

    LMAO. Post of the Day

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  2. thanks for clearing that up Stefan, I was not aware of that. Unfortunately, the 'speculative' hunt bros high was $40, an the rise from $40-50 had nothing to do with them...but I get your drift.

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  3. the confusion regrading the silver highs comes from the fact that there is a difference in between intraday high and closing high

    ReplyDelete