Friday, April 15, 2011

Inflation less than 'expected' Ex food and oil

right.

$US keeps wanted to break 75...needs to really roll here.

Expect a mini raid today on expiry, as its already happening. Be back later.

17 comments:

  1. If there is a raid today, it appears all barrels will be needed to make any significant move downard. There has already been a mini raid that has been squashed.

    ReplyDelete
  2. Thanks SGS for all you do. This is a big week ahead for me. If silver rises I will be definitly be sending you a donation. Always seem to be late to the game and just bought XAG so if there was a correction with my luck it will be now.

    ReplyDelete
  3. "If silver rises I will be definitly be sending you a donation"

    Were up huge on the week! LOL, tell me you didnt buy $42.50! We buy on red days (monday) not green days! Remember that next time.

    ReplyDelete
  4. 1480 resistance looks smashed

    ReplyDelete
  5. SGS, I understand BTFD, but if spot is 41.50 on Monday and 42.50 on tuesday, it does not have much impact on how much one pays for a coin at the coin shop. For the whales, like you, I get it if you are buying hundreds or thousands of oz at a time. I don't really give a shit if an Eagle or a maple is 47 or 48. I am just grateful to get an oz of silver in exchange for federal reserve slave notes.

    ReplyDelete
  6. well said Tom, well said. Just called my 'guy' out of buffalo's. They cant keep up. Silver is like crack to me. I need more.

    ReplyDelete
  7. SGS,

    The drill results?? When do you expect that news to be released?

    Thanks!

    ReplyDelete
  8. tinka will bounce here in between these level of .55-.75, till we here more news...I'm trying to contact Andrew right now. Things are looking on pace. Most juniors down, sometimes thats just the way she goes. Drills should be turning by now...full update this weekend. Im sure the Bolivian news is scaring some people, but what people dont know is that a large miner just pledged $1 billion to build a new mine in Peru REGARDLESS OF election outcome. GOT CHIMU?

    ReplyDelete
  9. At the risk of asking a redundant question.. can you explain CHIMU? I think I want it but want to be sure :))

    ReplyDelete
  10. Are we gettin $1500 today or are they still gonna take her down? $1485 right now

    ReplyDelete
  11. I get it.... just looked this up... very interesting!!

    "Peru can boast several intriguing pre-Columbian civilizations and the Chimu were just one of the powerful groups to dominate the north Peruvian coast. One of the the landmarks that was constructed by the mighty Chimu people was the citadel of Chan Chan."

    ReplyDelete
  12. Oh yeah, inflation is low... if you don't need to eat or drink!

    ReplyDelete
  13. Is "expiry" the end of trading on the NY COMEX before the Euro/Asian market opens or is that the expiration of the previous month's contracts?

    ReplyDelete
  14. 1 in 46 did My Little Blyght in the hiney while she shorted silver.

    ReplyDelete