SilverGoldSilver, it is possible that the moniker "Kid Dynamite" is but an alias for Brian O'Flannerty (spelled correctly?). Their rants and opinions are remarkably similar in tone, reasoning, and overall content. Furthermore, there is a participant on SeekingAlpha.com who uses the alias "KoahlaKid," or something similar. All of these on-line personae could be a single person.
I enjoy reading both of you guys (SGS and KD). I just wish you'd either both suit up and get in the octagon ring so I could watch it on PPV while eating some popcorn or just agree to disagree. I've corresponded with K.D. before and he seems a pretty nice guy. He knows where I stand and I know where he stands. He's bullish on silver, we're all bullish on silver. He just believes that SLV has all the silver they say they do in physical comex approved deliverable bars. I don't believe they do and they're getting around it by counting "deep storage" silver yet to be mined. I could go on and on...
What's great about this is we're all going to figure out who was right and wrong pretty soon. I'm not sure it's going to be as soon as some think, but easily within 2 years we're going to know where the bear shits in the woods so to speak.
By the way, something to ponder upon. Everyone and their dog assumes that the big SLV put was a bearish play on silver. If as some of us believe, the SLV doesn't have the silver isn't it more correct to say it's bearish on the SLV and therefore bullish on silver. Like I said, ponder that.
14 straight days of ZERO deliveries into the delaer you fuckin tool box.
Never in human history has this happened in a delivery month.
Also you fuckwad, notice the nice little round numbers that get deposited into the cutomer? These are paper deposits. Never in human history do round number get deposited. They are all odd lots. Of course, you have never taken delivery of a fuckin comex bar so you wouldnt have a fuckin clue as to their weights that are 103 oz, 98 oz's, 106 oz's etc.
I will light you up come July delivery month dont you worry my little Bri-guy.
O'Faggot, serious question, do you believe Ben Bernanke too when he goes on 60 minutes and states, "One myth that's out there is that what we are doing is printing money. We're not printing money. The amount of currency is circulation is not changing. The money supply is not changing in any significant way"?
"I’m convinced much of the naked short selling is done on an unreported basis. My best current guess of the amount of cumulative short selling in SLV shares since April 15, is between 2.5 to 5 million shares. This represents an amount of silver of between 25 to 50 million ounces. Let me be clear. I believe that buyers have paid for and hold shares in SLV for more than 25 to 50 million ounces of silver than are deposited in the trust. "
Now understand this was written in 2008. How do you think things look now?
First, there is no such thing as dealer and customer inventory. There is registered and eligible.
We could go 1,000 days without a deposit to registered inventory and it wouldn't matter. There is 2.3 million ounces of gold in registered inventory right now. Until that drops to 99 ounces or less, there is no need to deposit more. So the fact that none was deposited means nothing.
Contrary to your beliefs, round numbers have been deposited for decades. Particularly when dealing in large numbers of bars the small variances wash out to a round number total.
One cannot deposit paper into a warehouse. The warehouse records physical receipts. One cannot settle a gold futures contract with paper. It is physical settled only. The only way to close a gold contract is through offset or physical delivery. Read the rulebook.
Yukon, SLV is no different than any other stock. If your shares are held in street name your broker is free to lend it out to somebody else who is then free to sell it (ie short selling). So yes, there are more "paper" shares of SLV than real shares issued by SLV.
If your shares are lent out, you thus don't technically own it anymore (you own a paper claim). Only solution is to hold your shares of SLV in a cash account or to take delivery of physical share certificates.
@Brian @SGS: I don't know which one's dick is bigger and I really don't care.
Silver has been going north for years. It will go north for a few years more to come. That's all I need to be sure of.
Blythe? Don't care. Comex? Don't care either. Fed? Don't care at all. Fundamentals? Ah, there you go.
I am telling everybody that I know and like: Get silver. And better get it now. Buy whatever you can afford. One coin at a time if that's all you can do. That's better than not buying anything. Everybody that believes/feels/thinks that the fiat era might come to an end should do the same.
We call names at each other although we share the same view inside. We can do so much better.
The Comex is not subject to audit, it is self governing (lol). If I ran a business and reported year after year to the CRA, zero revs no taxes payable, eventually I'd be audited and thrown into jail, given a fair trial and hung by the neck until dead. So the Comex deck is stacked in favour or crime. If they had nothing to hide they'd open the doors to audit ;-)
Secondly, backwardation - full stop. The market does not believe it will get physical so the spot is higher that all future. So, the feelings in the markets are mutual - the vaults are empty and the game is now public and THEY will crash the Crimex. Notice the OI rises with each and every delivery month! Now, you have to admit this is absolutely hilarious. Although we continue to by the dips the big money will crash the little bitch - it's called Greed! Hyenas surrounding a crippled beast, blood is in the air/ There's no scenario that saves the Beast! As they say in the great white - it's teets up!
All I have to say is that all this disagreement won't matter in the near future. All of the paper claims are gonna go up in one big puff of smoke and many will be left holding the empty bag. The fact remains that the physical metal has been over sold...big time. It is clearly flawed and unsustainable at this time.
Understood about SLV being shorted like any other stock, but read Ted's article again and ponder what "could" be happening. I know I know. Could be, might be, maybe... Truth is that's all anyone's got until a gasket blows somewhere and the truth is known by all.
I'm with iFlash. It's going up and we all know it. It'd be nice if we could start, agree, and end it there instead of arguing over the manner in which it's going to happen.
I'm now 50% physical against all my paper - stocks, bonds, cash, etc. If you ask me it's the only way to go right now. At some point, everyone's going to get burned by all of this and we're going to have one huge reset. When that happens we're all going to lose, but some of us will lose less than others.
Backwardation indeed reflects increased counterparty risk in the market. But that backwardation is at the end of the curve. Unless and until you see massive backwardation in near months, the market remains confident in Comex.
SOME PEOPLE RATHER WIPE THEIR ASS WITH PAPER THEN WITH SILVER COINS SO THE PAPER BOYS WIN THE ARGUMENT AS TO WHICH IS BETTER TO HOLD IN YOUR HAND WHEN YOU WIPE YOUR ASS......
"Unless and until you see massive backwardation in near months, the market remains confident in Comex"
This sums you up...thank you. You do realize that backwadation can be manipulated as well right? Tell us how this can be done if you are so smart....
Thanks for CRUSHING my first two points. You proved my point, you have no clue what you are talking about.
You are free to stop posting now as you have made me look like an amateur. Please go back to your blog now where they will hail you champion of masturbation.
Lastly: I'll leave it at this. If there is truly no problems at the COMEX, why is everyone running for the exits (look at the physical comex withdrawals in the last 6 months no fucking around you cant deny this you grape)? If there was truly no supply issue, why is gold at 5000 year highs?
What gives? Is the market stupid, irrational, and overconfident in this gold trade?
You can go masturbate later, lets talk this one out so we, stupids here, can figure out why we should dump our metal tomorrow. After all the Comex is okay, we have nothing to worry about, we should just buy netflix, right?
SGS: you claim that the futures curve is manipulated? How so? Is it the front end or back end that is manipulated? What evidence do you have to support that?
Wow, what I have to give you a tutorial on how JPM buys up and down the lease rates, storage fees etc so backwadation is shifted? Are you serious right now?
The Comex audits are staged audits by contracted firms paid by the Crimex who show up for an audit and inspect a staged pallet load of bars. Kind sir, a true audit is an independent audit, one that would be random, a surprise, and cover the entire vault(s) and include photographs. Everybody has a price and providing an audit on 10 or 15 bars is hardly independent, rather an insult of my intelligence. I dare say if I had the auditors job and I was remunerated handsomely (gold in a Cayman account) like the Olympic committee, I too would be tempted. So your argument is weak - the audits are staged...period.
This is the second time Ag is in backwardation in less than one month, and the OI is larger than the last. You missed the point. The big money knows the game and the OI will grow until the Crimex defaults. Because this is only the second time in history full backwardation the message of default is spreading and is inevitable is near!
Next... lol. Personally I can't wait for Kitco to open because every day is a good day! We know the outcome and we buy the dips. When I buy I feel f'g good right thru my bones! Nothing to me is more sure - Like watching the final Cupe de Stanley game and the Habs are up 10 zip with 5 minutes left to play. Nana, nana, nana, nana, nana, hey, hey - good bye!
I know what you are trying to do. Throw up a variety of nonsensical statements to detract from the fact that you have no logical base for any of your allegations.
Now I challenge you to take this point by point. I refuted your first two points and you refused to respond. So I assume you admit defeat on those.
Please pick the next point that you would like to argue and I will respond.
The SILVER and GOLD charts just started printing. Go look at www.oilbull.com if you want to see the UK charts which start before KITCO does. Isn't that interesting? Who's trading now?
Maybe we really are in THE BULLSHIT ZONE....developing....
Truth always self evident. As the sun gets closer, bankster fraudsters unable to shit deliverable 1000 oz crimex bricks to cover deliveries. As the truth pours out across AmeriCON'd coast to roast, lets see what vaporizes excruciatingly to foregone ashes. Paper fiat or white hot molten silver? Silver getting more purified, intensified, under white hot heat. Yup! Getting kind'uv hot in those empty silver bullion vaults. Paper fiat ponzi is fine for idiots; I'm .999 fine.
Thank you for making me laugh, Brian. If you need me to put a pile of shit in your hand so you can smell how it stinks, I'm not going to do it. Common sense, gut instincts, watching the US Dollar index keep falling, HOW GOLD AND SILVER KEEP TEARING IT UP TO THE UPSIDE..how the PM's have been the absolute best returning investment the past ten years, how the pussies at the CFTC won't set reasonable limts...what more do you want?
@Brian: I really don't see where your point is: Some people trust the Comex/JPM/BM/EE and some don't. Okay. So fucking what.
Again: Silver is up 40 per cent this year. I really don't give a shit about whether there is Silver in the some fucking warehouse or not.
But I tend to believe that prices simply get higher when there is more demand than people willing to sell. Easy. And as the bullish market we are in show not a single sign of being a bubble (and I will not discuss over this - just take it or leave it), I will put any single cent that I make into physical Silver.
I might be wrong and in two years time I'm screwed.
He's sees himself as the DEVIL'S advocate. He says nothing and asks for evidence but in response his hand is void. What was that flick called again - Rocky Horror picture show. We have a prime minister running for office in Canada who's the same - all noise and no substance!
A Bag of wind. If this slum dog had anything intelligent to say he would provide evidence - he has nothing. As usual the Devil is in the details and the details are swamp gas! A complete waste of time and effort!
Brian, The Comex and JPM are paragons of honesty. They have never done anything wrong, they are beautiful institutions that would never want to harm anything. The stochastic models they have devised are perfect and every little thing they do is magic.
Brian, you are a diseased rat. Now crawl back into the sewer you were released from.
No, I do not agree with your analysis and the only things that got crushed today are your nuts.
You've been shown the door on multiple occasions, will you take the hint this time?
1. Why has the price of silver nearly tripled in just around a year? 2. What are the market factors that would cause such a sudden and extreme move in the price of a commodity that has a virtually flat line price stability over the better part of the last 30 years? 3. Are the factors driving this extreme spike likely to recede, remain constant, or exponentially increase? 4. What is your evidence if you state recede or remain constant? 5. If you said exponentially increase, what will stop a run on the silver and default on those holding a short position, whatever it is on whatever the numbers it is you use and accept as valid?
Fact-The market is trending up sharply. Fact-Fiat notes are losing purchasing power. Fact-People are turning to physical stores of wealth. Fact-People do not trust the banks/investment banks like they once did with the long list of them busted for charging storage fees for silver they never owned. Fact-People will increasing turn away from all paper and the amount of paper to roll into the physical market will buy up all physical several times over if even a fraction of people, mutual funds, investment funds liquidate non-performing paper assets and take physical delivery to safely store off site. Fact-China, Russia, and MENA are buying the hell out of both gold and silver and taking physical delivery.
Fact-Comex will fail to deliver if fundamentals do not immediately.
Buckanear...you're correct, time to let Brian talk to himself from here on out...just like he does his own hand each night. Wonder if he is a lefty or a righty?
Are you going to address my questions, or are you going to concede it does not matter if the market continues under the current fundamentals for much longer that the numbers are meaningless and possession will be name of the game?
Fact-The numbers do mean a thing, if you ain't got that silvergoldsilver ring.
Brian, you trusting the government is so funny. How old are you, 15? Keep believing the government and, also, when they come to your parents basement, BELIEVE them when they tell you they are there to help. :)
You just going to keep ignoring my questions and concede that a default is going to happen in the very near future?
1. Why has the price of silver nearly tripled in just around a year? 2. What are the market factors that would cause such a sudden and extreme move in the price of a commodity that has a virtually flat line price stability over the better part of the last 30 years? 3. Are the factors driving this extreme spike likely to recede, remain constant, or exponentially increase? 4. What is your evidence if you state recede or remain constant? 5. If you said exponentially increase, what will stop a run on the silver and default on those holding a short position, whatever it is on whatever the numbers it is you use and accept as valid?
Why are you squabbling around with shit that don't matter one way or the other? Why are you wasting time talking about that garbage and ignoring the proverbial 800lb gorilla in the room, i.e. COMEX default based upon the current trending fundamentals?
Answering the questions:
1. Why has the price of silver nearly tripled in just around a year? 2. What are the market factors that would cause such a sudden and extreme move in the price of a commodity that has a virtually flat line price stability over the better part of the last 30 years? 3. Are the factors driving this extreme spike likely to recede, remain constant, or exponentially increase? 4. What is your evidence if you state recede or remain constant? 5. If you said exponentially increase, what will stop a run on the silver and default on those holding a short position, whatever it is on whatever the numbers it is you use and accept as valid?
Brian, I suggest you kindly remove yourself from dialogue and participation on this blog. Your comments do nothing to shed any light, only to agitate a hornets nest to attention as there are many lurkers here. The overall tone here is and has been maintained by the persons visiting. Most of us here are already very much aware of the plans put in place by different factions in geopolitics. We are not fools. Comex is running a fractional reserve metal system and they will exposed, along with much, much more as all rats and cowards betray each other when cornered.
Not only is Brian a little stupid girl, he is having his period and asking the government for Midol. And yes, 56 cents is a big fucking deal in the first 2 minutes you fuckwad. JPM has the Fed backing them up, that is why they are "too big too fail", my god, are you dumb.
I have read my posts, and I am ashamed. Brian, you are dead wrong, but I wouldn't want my nephews to read what I wrote...to everyone, I am sorry, and I am not being a smart ass about it.
1. Why has the price of silver nearly tripled in just around a year? 2. What are the market factors that would cause such a sudden and extreme move in the price of a commodity that has a virtually flat line price stability over the better part of the last 30 years? 3. Are the factors driving this extreme spike likely to recede, remain constant, or exponentially increase? 4. What is your evidence if you state recede or remain constant? 5. If you said exponentially increase, what will stop a run on the silver and default on those holding a short position, whatever it is on whatever the numbers it is you use and accept as valid?
I am still waiting. I am beginning to think you come here to agitate rather than engage in a legitimate discussion, judging by the SOPHISTICated arguments you present.
Please answer my questions or I will consider you an agitator that has come here to raise hell and make more than worthless points, hijack the discussion board, and keep people for having a forum to present valid information for others consideration.
"How about those premium silver cash settlements?"
Now I know you work for JPM. 100%. B/c I have been in contact with people who are receiving cash settlements AND when they refuse to take cash the BROKEMEX tells them to call their lawyer when they want delivery.
You should see how easy this will be to remove your posts watch, watch closely from now how quickly they will dissapear.
Sorry for the insults, in Forest Gump's words - stupid is as stupid does!
If I had a shit load of cash I'd pave my driveway in Silver!
I must admit, boy did I ever F-ck up. I gave my family advice to buy a small start up 7 years ago. The POS tanked for 7 years and is just starting to breath signs of life while being down 80%. If they spike this year as expected (YOO), I'll pay my debts and buy a monster box the moment I sell. As a former Nortel employee I've been F'd beyond your wildest dreams with the credit default swap and had my prime minister laugh in my face and call me a piece of shit. Nuff said - I'm all for people taking their life in their own hands, and knowing Canada is just as f'd up as the US.
Brian O'Flanagan said... Benjamin, SGS called me out and I am simply responding.
Comex is not funning a fractional reserve metal system and I have supported that case through my comments and posts above. _________________________________________________________________
I know that you are a FRAUD now, as the words from Mr. Christians mouth in his testimony under oath is that gold and silver are traded fractionally in multiples of their underlying physical.
Thank you for clearing that up for me & everyone else here.
Brian O'Flanagan said, "Comex is not funning a fractional reserve metal system and I have supported that case through my comments and posts above."
We now have caught him in an outright lie and he stands 100% discredited. We have video evidence of Mr. Christians testifying to the contrary. It is only a matter of posts until a liar is exposed as they can not possibly keep the lie together as it keeps getting more complicated and intricate.
SLV, Comex. etc.. may or may not have metal. It simply doesn't matter in the end. What part of multiple paper claims on finite metal supply is so hard to understand? This is the same story, the world over..everywhere. More paper claims than available metal! Simple as can be.
There may very well be fully allocated gold and silver in some of these vehicles. What happens when more and more people proceed to drain them like has been the ever increasing trend? They might be able to cash settle for silver, but any big players in gold will not. You don't normally become incredibly wealthy if you're a fucking retard. They're gonna want the gold to protect their wealth.
I can't remember where I read it, but someone pretended they wanted to take delivery, and they were threatened that they would be the last to be delivered to. They claim they got something like an 80% premium. I didn't do any homework to verify this, just want to let you all know.
Dog, you have no credibility here. You just blew it when you said,"Comex is not funning a fractional reserve metal system and I have supported that case through my comments and posts above."
You are exposed, compromised, and naked. You are a liar and a fraud. Whatever you say has no merit. What good is a last word, when you are a liar and debunked in your own words?
Save your breath dog. Move on to a different forum where you may have so credibility and people might not know you are a bald face liar.
I am watching the minute chart on the May silver contract and I laugh my ass of when they try to bring it down. Pisses me off AND makes me laugh, does that make me weird?
@/SleepingVillage/ who said, "SLV, Comex. etc.. may or may not have metal. It simply doesn't matter in the end. What part of multiple paper claims on finite metal supply is so hard to understand? This is the same story, the world over..everywhere. More paper claims than available metal! Simple as can be."
That is exactly the answer of the 5 questions that I posed prior, it does not matter, as a default is inevitable as the trend continues and money well beyond the value of the planet attempt to claim/be redeemed for physical gold/silver.
Thanks man - but Fuck - lost everything - But Silver is unbelievable I found it by chance in Jan-11. I could tell you a story from 10 years ago. A psychic said holy fuck - silver (metal in the ground) is going Fk'g go ballistic... Since then I've read up and am completely convinced this is what she saw! Fuck that shit head with the perfect hair doo Harper - Fuck Nortel - Silver is going to be the next biggest metal in the history of the planet! Silver will put Gold to shame! Shit if I had money I'd buy every scrap of silver I could find!
The only thing that has been exposed is your ignorance. Comex is a futures exchange, not a bullion bank. Learn the difference. Christian was talking about derivatives. Learn about what a derivative is as you obviously do not know. A derivative is not a fractional reserve mechanism, is a mechanism for transferring price risk. The only fractional reserve gold creation is through the use of unallocted accounts, which is material but not what Christian was talking about.
I almost got the courage to pay in silver today to see what kind of reaction I would get. You can go to YouTube and do a search something like "man tried to pay for taco with gold". I believe the dude is Mark Dice. It is both sad and funny
Long time reader - one of my first posts. I come here mostly for entertainment. I'm not a silver or gold bug but always put my money where there is value so I'm not interested in taking sides with anyone on the "Crimex" issue.
I see a lack of rational arguements from both sides here. Nothing really surprising from either direction. The only statement I have an issue with because most of the rest of it can't be proved true one way or the other is this:
Brian writes:
"Where's that JPM bankruptcy filing? Oh, that's right. They are still reporting record profits and perfect trading records."
This statement is true but is used in a context that is incorrect. It is meant to show JPM as a beacon of economic health and righteousness. Brian - If the Fed lent or gave me several hundred billion dollars of taxpayer dough for next to nothing and I failed to make a profit I am afraid I would take a long walk off a short peer.
JPM is no beacon of free enterprise or they would not have needed to take the bailout in the first place. They are - in a sense - an extension of the Fed - a crown corporation of sorts by CDN standards. They are playing with a loaded deck - an unlimited line of credit. This makes them thieves - morally speaking - and not an entity that we should look up to or admire.
SGS may be a ranting fool at times but he is at least entertaining to read. IF you truly believe in the idea that JPM "made a profit" by going to the trough then you are my friend are something much worse.
You are a fraud, a liar, a sophist and put forth a nonsensical argument. You words are cheap and worthless, meaningless. The COMEX will default. There will be failure to deliver. The derivatives market has obligations for amounts of silver that does not exist on planet earth, which means they are already in default, it is only a matter of the holders taking delivery.
Now that you have been called out and proven a fraud, it is a matter of sanity why you continue to insist being heard without a shred of credibility on this post. Please leave, you are starting to make me feel uncomfortable for you, and this does not happen.
Seriously Dog, you need the schooling you recommend, as a psych student, I can tell you that is projection. Seriously though, please have a mental check up, you are not right in the head there.
There is a definitive winner out of this (besides physical gold and silver) and it's SGS blog. Check out the comment count on this post. If I were you SGS, I'd keep this going. Everyone loves a bit of drama.
Maybe you guys should take it to the next level and go put on some of those big ass plastic sumo suits and rub some butter on each other and wrestle it out.
Brian, I'll come over there if you answer the question I asked in my previous comment and succeed in shedding light on it while taking into context the weight of my entire statement.
In case you didn't read closly enough I came in on your side of the arguement. Don't know enough about the comex and how it works to comment. All I can speak on is what I can see as being true:
Silver has gone up a lot and continues to climb steeper which is good since it is still not overbought by the general public.
JPM et all have an unlimited cash supply which makes them thieves or at the very least in league with the psychopaths at the fed.
More and more people/insititutions are buying PM's which will in time over run the unlimited supply of FIAT that JPM has.
I'm not a finance guy like you, SGS or even old Brian - but I am a fair historian, philosopher and have my critical thinking skills firmly in tact. My suggestion to you is don't attack people who are on your side. I may lack knowledge of comex function and won't debate things I don't fully understand but I know the difference between what is believed to be true and what is in fact true.
The evidence I see presented daily that says the comex is in bad shape is pretty convincing. But the truth? Only time will tell you that thus arguing with Brian is a waste of energy. Brian shows his true colors by simply making positive statements about a company that is anything but righteous, effecient or otherwise good in the sense of being truly capitalistic. If he is therefor an admirer of such a pirate organization why bother to give him the time of day?
It is easier to defeat your opponent with facts you know to be true (IE JPM took huge amounts of tax payer money then made a profit on it) than it is to defeat him with arguements that are possibly true but which you cannot at this stage substantiate 100%.
Still want me to fuck off? Still think I should go elsewhere? Am I your enemy or your friend? Figure it out.
Swapfox, then I suggest you not start your post with "I come here for mostly entertainment". Can't speak for anyone else, but at 37 1/2, I'm planning on this silver explosion to allow me to do other things than my current J-O-B (just over broke)And another thing, this sure as hell not entertainment for me, but damn serious. Don't want to pick on anyone, but even though this blog is riddled with crude humor, I am 100% serious.
I suggest that you do not block or delete any posts from Brian, as doing so will give him "Street Cred," and bragging rights he will cite to create fraudulent credibility to those people who read his non-sense.
After today I am done acknowledging his existence and recommend an unspoken rule to ignore him on sgs forums. We now know that he is a liar and a fraud and has contradicted himself and sworn testimony. To those who do not have access to this thread, he might be able to fill there head with BS on his site, so be it to their detriment, might as well leave him and his cult of followers to their fate.
We are right, we know with simple logical deduction/induction that the COMEX will fail sooner or later-it is only a matter of time. We know that you give good insight and commentary. Take heart and know that as it unfolds he will stop in less and less and not at all.
First of all they are my posts and I will start them however the hell I want.
Second I do come here for entertainment. SGS is a pretty smart guy and has lots of good information for someone like me. The entertainment is in the delivery. He is a rude, crude red neck mother fucker and he makes me feel at home. I spent many years working in the middle of oil and gas country dealing with people just like him. I don't agree with everything he says and sometimes wish he would tone down some of the conspiracy shit but what the hell.... it's his blog.
For what it's worth I don't think he needs you to defend him. He's not much for making a good written argument but he will tell you just what he thinks of you without any problems. I respect him because he is obviously just being himslef - something most people in my world seem to have a problem with.
Anyways - I will continue to visit for information AND entertainment. I will also continue to call bullshit on anyone I feel like calling it on. If anyone has a problem with that to fucking bad.
BOF: Golly, what an air of fresh breath you are! If the "exchange" was on the up and up, why are there different rules for buyers and sellers? Why do buyers have to pay up front, and then wait for delivery? Why, while they arecwaiting for delivery, can't they see their silver? Why do serious buyers of the commodity avoid the exchange? Why is the real price discovery closer to what is negotiated on eBay than at the Comex? Do you deny that silver has been monetized through leasing?
There's a few questions for you.
When there is a complete absence of transparency, and an absolute refusal to address concerns, and a history of the participants playing fast and loose without rules and/or enforcement, you might understand why your assurances and faith are not enough for this blog.
Angry, huh? I don't think I defended SGS, he can do that all the same. You cried like a little bitch about my other post. All I was trying to tell you is that if you don't want people jumping on your posts, then quit calling what we are doing as "entertainment", because when Mr/Ms American Public is being ass fucked 364 days a year (JPM takes Christmas off), not gonna let some wad tell me he thinks is fucking entertainment!
You are down to 5 posts total a day holy fuck. Yes I watch futures, they dont mean shit. Wouldn't doubt to wake up tomorrow at $41. or $46...doesn't really matter anymore about spot (actually it never did). My bets have been placed.
"You can step into the light and learn how the world really works or stay here in the darkness of conspiracy nut land"
I stay right here in nut land, with my 130+% gain on phyzz...thanks for coming out
serious question.... where do the metals trade in a confiscation scenario. Is there even a number. Would they do it. Think 1933, and a state of affairs of equivalent desperation. I could make a fair argument that the desperation is greater. America was solvent in 33.
Honest question, not agitating. Very long, it just occurred to me
Now now jack. what is a troll, someone off the cool ade you drink.
You realize you are participating here in a mutual reinforcement society.
This is how people get buried. Groupthink.
Go and look at that silver chart, (ya but it should be 128 adjusted for shadowstats post 1980,) ,, and so it should, and so it may, thats a parabola, and a bad one.
You have a great nite.That guy btw is jeff Christian, the other troll above these posts , almost guarantee it, he does this.
I don't believe Mr SGS EVER claimed he had any evidence on his theories. All the supporters are here due to their own believes and faith. To continuously ask for proof is like bursting into church on Sunday morning asking everyone to proof there's a God. If you don't believe in the theory, you don't have to show up. why are you wasting everyone's time?
vamoose wrote, ""and so it should, and so it may, thats a parabola, and a bad one[,]" and, "the other troll above these posts , almost guarantee it, he does this."
You are going to slander someone for making a parabola statement and then say that they are bad for doing it; ONLY TO DO IT YOURSELF QUITE NEARLY IN THE NEXT SENTENCE YOU WRITE?
familiar with that site. unpersuaded, particularly since it requires him a book rather than 3 paragraphs to elucidate his points.
the draft was eliminated in the 70s, in favor of poor people instead... volunteers. right. if war erupted with china, any chance of a draft... pretty good i would say.
they can , have and will do anything, always have and always will. it has never been otherwise.
Every non cash purchasor is known to the IRS.
In my country at the Scotia, the purchase form is made out in sextuplicate. You need a laser gun to get to the sixth copy.
Too many agencies are copied.
I just wonder how many converts here have given the remotest consideration to an asset that could be rendered worth zero.
Well I just re-read both links while I drank two glasses of red wine. It wasn't that difficult, I'm still alive and breathing. I encourage you to read at least the first link. I could sum it up for you, but I don't think you've earned it yet.
If you can't take the time to read the foremost expert on these matters, then I have no time for you, Sir.
I've seen your posts at TF's, you expect to be respected, and yet you're clearly lacking the discipline to even take the time to read a few minutes of a VERY sound argument. You come to blogs to talk down to us and preach that we're all suffering from "groupthink", while you might be suffering from "nothink"
I'm not trying to belittle you in any way, I just say it as I see it.
I'll tell ya what, if gold goes to zero, I'll pay you double that for whatever you have;)
vamoose = troll. Constant lying and will never tell the truth. Makes outrageous statements just to get attention. Enjoys being wicked and pulling your chain.
The truth hurts. Morton Shulman in Toronto canada said it most succinctly, back in the silver market of 79 , "dont try to talk sense to people in love with their dreams"
Some good comments here, I like hearing both sides and having each side challenged. I am here to get educated and up to speed to make better decisions. The challenges from both sides allows me to evaluate, research, confirm, disprove and make a more educated decision.
I'm somewhat new to the metals market, but hasn't the existence of "evidence of lies" on the part of at least JPM been dealt with a while ago by federal judges presiding over the dozens of silver manipulation lawsuits before the Jud Panel for Multidistrict Litig, and more recently as consolidated before the district court for the Southern District of New York? I havent had a close look at the papers, but there seems to be a good amount of email evidence, specifics of conversations. And I mean forgetting that for a moment, an agent of the US govt itself- CFTC chairman Chilton has made statements to the effect of the existence of, if not criminal acts, shady practices etc. of the large commercial banks.
Not sure what the hang up is on "evidence of lies". The evidence was well-documented months ago
SilverGoldSilver, it is possible that the moniker "Kid Dynamite" is but an alias for Brian O'Flannerty (spelled correctly?). Their rants and opinions are remarkably similar in tone, reasoning, and overall content. Furthermore, there is a participant on SeekingAlpha.com who uses the alias "KoahlaKid," or something similar. All of these on-line personae could be a single person.
ReplyDelete-- Paul D. Bain
paulbain@pobox.com
Colloidal silver mega douche.
ReplyDeleteI enjoy reading both of you guys (SGS and KD). I just wish you'd either both suit up and get in the octagon ring so I could watch it on PPV while eating some popcorn or just agree to disagree. I've corresponded with K.D. before and he seems a pretty nice guy. He knows where I stand and I know where he stands. He's bullish on silver, we're all bullish on silver. He just believes that SLV has all the silver they say they do in physical comex approved deliverable bars. I don't believe they do and they're getting around it by counting "deep storage" silver yet to be mined. I could go on and on...
ReplyDeleteWhat's great about this is we're all going to figure out who was right and wrong pretty soon. I'm not sure it's going to be as soon as some think, but easily within 2 years we're going to know where the bear shits in the woods so to speak.
By the way, something to ponder upon. Everyone and their dog assumes that the big SLV put was a bearish play on silver. If as some of us believe, the SLV doesn't have the silver isn't it more correct to say it's bearish on the SLV and therefore bullish on silver. Like I said, ponder that.
SGS trains at Fight Club so my physical is on him - he'd wreck the Kid.
ReplyDeleteI think it is likely that the put is simply an insurance bet from someone with a multimillion dollar position, so really it isn't bearish at all.
lies? what lies?
ReplyDeleteLIES!!! WHAT LIES!!! DONT GET ME FUCKING STARTED YOUR SMEGMA EATING DICKJUMPER.
ReplyDeleteUsing JPM and Comex data is like using BRE-EX, AIG, LEH, BEAR, CPI, FED, Biege book and all other "CFTC" and SEC regulated fuckwork.
Go ahead and use this data for your blog. You have to be a complete fucking reject to belive the shit they spew. HOLY FUCK!
Get a fucking life. Like I said, too much conspiracy talk here, go away, its not for you, we are all wakkos here.
surely you have some evidence to share?
ReplyDeleteStill waiting for O'Faggagin to send us his mug shot so silverdoctors can develop a new game!
ReplyDeleteevidence of Comex lies, please. Hello? Anybody there?
ReplyDelete@Brian O'Flanagan: Are you having coital issues, Dynamite not performing? Here, you two listen to this next time:
ReplyDeletehttp://www.youtube.com/watch?v=txXbtETo-XA
I think it'll be of some use :)
Yousif:
ReplyDeleteevidence of Comex lies, please. None?
Anybody?
Mr. Bain, you seem like a good detective type. Can you share some of your evidence of Comex lies?
ReplyDeleteHello?... hello... hello... Echo... echo... echo... Pinch hitting for Pedro Borbon... Manny Mota... Mota... Mota...
ReplyDelete14 straight days of ZERO deliveries into the delaer you fuckin tool box.
ReplyDeleteNever in human history has this happened in a delivery month.
Also you fuckwad, notice the nice little round numbers that get deposited into the cutomer? These are paper deposits. Never in human history do round number get deposited. They are all odd lots. Of course, you have never taken delivery of a fuckin comex bar so you wouldnt have a fuckin clue as to their weights that are 103 oz, 98 oz's, 106 oz's etc.
I will light you up come July delivery month dont you worry my little Bri-guy.
O'Faggot, serious question, do you believe Ben Bernanke too when he goes on 60 minutes and states, "One myth that's out there is that what we are doing is printing money. We're not printing money. The amount of currency is circulation is not changing. The money supply is not changing in any significant way"?
ReplyDeleteThis post by Ted Butler is probably the best article ever written about the SLV:
ReplyDeletehttp://news.silverseek.com/TedButler/1213640342.php
This part is the money shot:
"I’m convinced much of the naked short selling is done on an unreported basis. My best current guess of the amount of cumulative short selling in SLV shares since April 15, is between 2.5 to 5 million shares. This represents an amount of silver of between 25 to 50 million ounces. Let me be clear. I believe that buyers have paid for and hold shares in SLV for more than 25 to 50 million ounces of silver than are deposited in the trust. "
Now understand this was written in 2008. How do you think things look now?
ok, 14 days with no deliveries to the "dealer".
ReplyDeleteFirst, there is no such thing as dealer and customer inventory. There is registered and eligible.
We could go 1,000 days without a deposit to registered inventory and it wouldn't matter. There is 2.3 million ounces of gold in registered inventory right now. Until that drops to 99 ounces or less, there is no need to deposit more. So the fact that none was deposited means nothing.
Here let me help you:
ReplyDeleteShort Interest (Shares Short)
22,644,000
No go read Ted's article again. Any questions?
Second, on the round numbers.
ReplyDeleteContrary to your beliefs, round numbers have been deposited for decades. Particularly when dealing in large numbers of bars the small variances wash out to a round number total.
One cannot deposit paper into a warehouse. The warehouse records physical receipts. One cannot settle a gold futures contract with paper. It is physical settled only. The only way to close a gold contract is through offset or physical delivery. Read the rulebook.
NEXT!
Yukon, SLV is no different than any other stock. If your shares are held in street name your broker is free to lend it out to somebody else who is then free to sell it (ie short selling). So yes, there are more "paper" shares of SLV than real shares issued by SLV.
ReplyDeleteIf your shares are lent out, you thus don't technically own it anymore (you own a paper claim). Only solution is to hold your shares of SLV in a cash account or to take delivery of physical share certificates.
SGS:
ReplyDeleteGiven that I just crushed your first two points, what else you got?
Anybody care to help SGS out?
@Brian @SGS: I don't know which one's dick is bigger and I really don't care.
ReplyDeleteSilver has been going north for years. It will go north for a few years more to come. That's all I need to be sure of.
Blythe? Don't care. Comex? Don't care either. Fed? Don't care at all. Fundamentals? Ah, there you go.
I am telling everybody that I know and like: Get silver. And better get it now. Buy whatever you can afford. One coin at a time if that's all you can do. That's better than not buying anything. Everybody that believes/feels/thinks that the fiat era might come to an end should do the same.
We call names at each other although we share the same view inside. We can do so much better.
The Comex is not subject to audit, it is self governing (lol). If I ran a business and reported year after year to the CRA, zero revs no taxes payable, eventually I'd be audited and thrown into jail, given a fair trial and hung by the neck until dead. So the Comex deck is stacked in favour or crime. If they had nothing to hide they'd open the doors to audit ;-)
ReplyDeleteSecondly, backwardation - full stop. The market does not believe it will get physical so the spot is higher that all future. So, the feelings in the markets are mutual - the vaults are empty and the game is now public and THEY will crash the Crimex. Notice the OI rises with each and every delivery month! Now, you have to admit this is absolutely hilarious. Although we continue to by the dips the big money will crash the little bitch - it's called Greed! Hyenas surrounding a crippled beast, blood is in the air/ There's no scenario that saves the Beast! As they say in the great white - it's teets up!
Good point, iFlash
ReplyDeleteAll I have to say is that all this disagreement won't matter in the near future. All of the paper claims are gonna go up in one big puff of smoke and many will be left holding the empty bag. The fact remains that the physical metal has been over sold...big time. It is clearly flawed and unsustainable at this time.
THAT is all that really matters.
DDT
BOF,
ReplyDeleteUnderstood about SLV being shorted like any other stock, but read Ted's article again and ponder what "could" be happening. I know I know. Could be, might be, maybe... Truth is that's all anyone's got until a gasket blows somewhere and the truth is known by all.
I'm with iFlash. It's going up and we all know it. It'd be nice if we could start, agree, and end it there instead of arguing over the manner in which it's going to happen.
I'm now 50% physical against all my paper - stocks, bonds, cash, etc. If you ask me it's the only way to go right now. At some point, everyone's going to get burned by all of this and we're going to have one huge reset. When that happens we're all going to lose, but some of us will lose less than others.
Buckanear:
ReplyDeleteComex warehouses are audited annually.
Backwardation indeed reflects increased counterparty risk in the market. But that backwardation is at the end of the curve. Unless and until you see massive backwardation in near months, the market remains confident in Comex.
NEXT!
SOME PEOPLE RATHER WIPE THEIR ASS WITH PAPER THEN WITH SILVER COINS SO THE PAPER BOYS WIN THE ARGUMENT AS TO WHICH IS BETTER TO HOLD IN YOUR HAND WHEN YOU WIPE YOUR ASS......
ReplyDeleteBrian, go by by.
ReplyDelete"Unless and until you see massive backwardation in near months, the market remains confident in Comex"
ReplyDeleteThis sums you up...thank you. You do realize that backwadation can be manipulated as well right? Tell us how this can be done if you are so smart....
Thanks for CRUSHING my first two points. You proved my point, you have no clue what you are talking about.
You are free to stop posting now as you have made me look like an amateur. Please go back to your blog now where they will hail you champion of masturbation.
I double that SGS!!
ReplyDeleteBrian, how much toothpaste & mouthwash do you need to get "that" taste out of your mouth?
ReplyDeleteSGS said I was supporting Comex and JPM lies. Please provide the evidence here.
ReplyDeleteor if you want, go to northeastbullion.com and tell me there.
Anybody?
Lastly: I'll leave it at this. If there is truly no problems at the COMEX, why is everyone running for the exits (look at the physical comex withdrawals in the last 6 months no fucking around you cant deny this you grape)? If there was truly no supply issue, why is gold at 5000 year highs?
ReplyDeleteWhat gives? Is the market stupid, irrational, and overconfident in this gold trade?
You can go masturbate later, lets talk this one out so we, stupids here, can figure out why we should dump our metal tomorrow. After all the Comex is okay, we have nothing to worry about, we should just buy netflix, right?
SGS: you claim that the futures curve is manipulated? How so? Is it the front end or back end that is manipulated? What evidence do you have to support that?
ReplyDeleteWhich part of my previous statements were wrong?
"SGS said I was supporting Comex and JPM lies. Please provide the evidence here."
ReplyDeleteYou dont get it do you? By supporting the fact that the COMex is okay, you ARE TELLING LIES-LIKE THEY ARE.
Holy fuck I feel like Im in the twilight zone. Fuck it, Im done with you. Was going to give you a chance, but forget about it.
Wow, what I have to give you a tutorial on how JPM buys up and down the lease rates, storage fees etc so backwadation is shifted? Are you serious right now?
ReplyDeleteLife of Brian:
ReplyDeleteThe Comex audits are staged audits by contracted firms paid by the Crimex who show up for an audit and inspect a staged pallet load of bars. Kind sir, a true audit is an independent audit, one that would be random, a surprise, and cover the entire vault(s) and include photographs. Everybody has a price and providing an audit on 10 or 15 bars is hardly independent, rather an insult of my intelligence. I dare say if I had the auditors job and I was remunerated handsomely (gold in a Cayman account) like the Olympic committee, I too would be tempted. So your argument is weak - the audits are staged...period.
This is the second time Ag is in backwardation in less than one month, and the OI is larger than the last. You missed the point. The big money knows the game and the OI will grow until the Crimex defaults. Because this is only the second time in history full backwardation the message of default is spreading and is inevitable is near!
Next... lol. Personally I can't wait for Kitco to open because every day is a good day! We know the outcome and we buy the dips. When I buy I feel f'g good right thru my bones! Nothing to me is more sure - Like watching the final Cupe de Stanley game and the Habs are up 10 zip with 5 minutes left to play. Nana, nana, nana, nana, nana, hey, hey - good bye!
My gosh, you're gonna lose you ass with Netflix!! HA!HA! Crimex opens in less than 40 minutes...can't wait!!
ReplyDeleteI know what you are trying to do. Throw up a variety of nonsensical statements to detract from the fact that you have no logical base for any of your allegations.
ReplyDeleteNow I challenge you to take this point by point. I refuted your first two points and you refused to respond. So I assume you admit defeat on those.
Please pick the next point that you would like to argue and I will respond.
Take a break from the COMEX. Don't miss this: I actually wish I was in Japan right now to see it for myself. Remember 911?.....developing...
ReplyDeleteThere's so much news I can't keep up with it all:
The News UNIT Blogspot
The SILVER and GOLD charts just started printing. Go look at www.oilbull.com if you want to see the UK charts which start before KITCO does. Isn't that interesting? Who's trading now?
Maybe we really are in THE BULLSHIT ZONE....developing....
Truth always self evident. As the sun gets closer, bankster fraudsters unable to shit deliverable 1000 oz crimex bricks to cover deliveries. As the truth pours out across AmeriCON'd coast to roast, lets see what vaporizes excruciatingly to foregone ashes. Paper fiat or white hot molten silver? Silver getting more purified, intensified, under white hot heat. Yup! Getting kind'uv hot in those empty silver bullion vaults. Paper fiat ponzi is fine for idiots; I'm .999 fine.
ReplyDeletewhere'd everybody go? Anybody have any evidence of Comex and JPM lies?
ReplyDeleteAre you all ready to admit that there is no such evidence so I can move on?
Brian, GET THE FUCK OUT OF HERE YOU LITTLE BLYTHE BITCH!
ReplyDeleteLedbedder apparently agrees that there is no evidence of Comex and JPM lies.
ReplyDeleteAnybody else?
Thank you for making me laugh, Brian. If you need me to put a pile of shit in your hand so you can smell how it stinks, I'm not going to do it. Common sense, gut instincts, watching the US Dollar index keep falling, HOW GOLD AND SILVER KEEP TEARING IT UP TO THE UPSIDE..how the PM's have been the absolute best returning investment the past ten years, how the pussies at the CFTC won't set reasonable limts...what more do you want?
ReplyDeleteTwo things, Brian (1) don't buy PM (2) leave if you don't like this blog. You're like a psycho ex-girlfriend..you just one more_____________
ReplyDelete@Brian: I really don't see where your point is: Some people trust the Comex/JPM/BM/EE and some don't. Okay. So fucking what.
ReplyDeleteAgain: Silver is up 40 per cent this year. I really don't give a shit about whether there is Silver in the some fucking warehouse or not.
But I tend to believe that prices simply get higher when there is more demand than people willing to sell. Easy. And as the bullish market we are in show not a single sign of being a bubble (and I will not discuss over this - just take it or leave it), I will put any single cent that I make into physical Silver.
I might be wrong and in two years time I'm screwed.
But I doubt it.
Hey Brian, less then 8 minutes until Crimex opens...will you be watching? Got my live feed going right now :)
ReplyDeleteHe's sees himself as the DEVIL'S advocate. He says nothing and asks for evidence but in response his hand is void. What was that flick called again - Rocky Horror picture show. We have a prime minister running for office in Canada who's the same - all noise and no substance!
ReplyDeleteA Bag of wind. If this slum dog had anything intelligent to say he would provide evidence - he has nothing. As usual the Devil is in the details and the details are swamp gas! A complete waste of time and effort!
Brian,
ReplyDeleteThe Comex and JPM are paragons of honesty. They have never done anything wrong, they are beautiful institutions that would never want to harm anything. The stochastic models they have devised are perfect and every little thing they do is magic.
Brian, you are a diseased rat. Now crawl back into the sewer you were released from.
No, I do not agree with your analysis and the only things that got crushed today are your nuts.
You've been shown the door on multiple occasions, will you take the hint this time?
Hope SGS is eating something good right now. Letting it digest some so Brian doesn't make him puke it up.
ReplyDeleteIt is my turn now.
ReplyDeleteBrain,
1. Why has the price of silver nearly tripled in just around a year?
2. What are the market factors that would cause such a sudden and extreme move in the price of a commodity that has a virtually flat line price stability over the better part of the last 30 years?
3. Are the factors driving this extreme spike likely to recede, remain constant, or exponentially increase?
4. What is your evidence if you state recede or remain constant?
5. If you said exponentially increase, what will stop a run on the silver and default on those holding a short position, whatever it is on whatever the numbers it is you use and accept as valid?
Fact-The market is trending up sharply.
Fact-Fiat notes are losing purchasing power.
Fact-People are turning to physical stores of wealth.
Fact-People do not trust the banks/investment banks like they once did with the long list of them busted for charging storage fees for silver they never owned.
Fact-People will increasing turn away from all paper and the amount of paper to roll into the physical market will buy up all physical several times over if even a fraction of people, mutual funds, investment funds liquidate non-performing paper assets and take physical delivery to safely store off site.
Fact-China, Russia, and MENA are buying the hell out of both gold and silver and taking physical delivery.
Fact-Comex will fail to deliver if fundamentals do not immediately.
Buckanear...you're correct, time to let Brian talk to himself from here on out...just like he does his own hand each night. Wonder if he is a lefty or a righty?
ReplyDeleteHey, Brian it is 6:00, you watching the Crimex?
ReplyDeleteHey, Brian...Crimex up 56.4 cents in the first 2 minutes!!
ReplyDelete43.10 may contract @ 6:06
ReplyDeleteOMG!!! up 56.4 cents. Where's that JPM bankruptcy filing? Oh, that's right. They are still reporting record profits and perfect trading records.
ReplyDeletePROOF that JPM is in fact NET LONG!!!
http://northeastbullion.com/post/3792737992/is-jp-morgan-actually-net-long-silver-and-manipulating
Brian?
ReplyDeleteBrian?
Beuhler?
Are you going to address my questions, or are you going to concede it does not matter if the market continues under the current fundamentals for much longer that the numbers are meaningless and possession will be name of the game?
Fact-The numbers do mean a thing, if you ain't got that silvergoldsilver ring.
No gold in Comex? UTIMCO's acquisition proves otherwise:
ReplyDeletehttp://northeastbullion.com/post/4660534570/bloomberg-utimco-takes-delivery-of-1-billion-of
Brian is really a girl
ReplyDeleteHow about those premium silver cash settlements?
ReplyDeletePROOF that such claims are FALSE:
http://northeastbullion.com/post/4108812484/report-confirms-no-premium-cash-settlements-for-silver
Brian, you trusting the government is so funny. How old are you, 15? Keep believing the government and, also, when they come to your parents basement, BELIEVE them when they tell you they are there to help. :)
ReplyDeleteHey Brain,
ReplyDeleteYou just going to keep ignoring my questions and concede that a default is going to happen in the very near future?
1. Why has the price of silver nearly tripled in just around a year?
2. What are the market factors that would cause such a sudden and extreme move in the price of a commodity that has a virtually flat line price stability over the better part of the last 30 years?
3. Are the factors driving this extreme spike likely to recede, remain constant, or exponentially increase?
4. What is your evidence if you state recede or remain constant?
5. If you said exponentially increase, what will stop a run on the silver and default on those holding a short position, whatever it is on whatever the numbers it is you use and accept as valid?
Why a Comex failure to deliver is highly unlikely:
ReplyDeletehttp://northeastbullion.com/post/4007063331/is-the-great-comex-failure-upon-us
you want silver, London is the place to be (and why Comex inventories have been dropping - that's for you SGS)
ReplyDeletehttp://northeastbullion.com/post/4262198839/on-comex-silver-inventories-you-see-what-they-want-you
Brian,
ReplyDeleteWhy are you squabbling around with shit that don't matter one way or the other? Why are you wasting time talking about that garbage and ignoring the proverbial 800lb gorilla in the room, i.e. COMEX default based upon the current trending fundamentals?
Answering the questions:
1. Why has the price of silver nearly tripled in just around a year?
2. What are the market factors that would cause such a sudden and extreme move in the price of a commodity that has a virtually flat line price stability over the better part of the last 30 years?
3. Are the factors driving this extreme spike likely to recede, remain constant, or exponentially increase?
4. What is your evidence if you state recede or remain constant?
5. If you said exponentially increase, what will stop a run on the silver and default on those holding a short position, whatever it is on whatever the numbers it is you use and accept as valid?
Brian, I suggest you kindly remove yourself from dialogue and participation on this blog. Your comments do nothing to shed any light, only to agitate a hornets nest to attention as there are many lurkers here. The overall tone here is and has been maintained by the persons visiting. Most of us here are already very much aware of the plans put in place by different factions in geopolitics. We are not fools. Comex is running a fractional reserve metal system and they will exposed, along with much, much more as all rats and cowards betray each other when cornered.
ReplyDeleteNot only is Brian a little stupid girl, he is having his period and asking the government for Midol. And yes, 56 cents is a big fucking deal in the first 2 minutes you fuckwad. JPM has the Fed backing them up, that is why they are "too big too fail", my god, are you dumb.
ReplyDeleteBenjamin, SGS called me out and I am simply responding.
ReplyDeleteComex is not funning a fractional reserve metal system and I have supported that case through my comments and posts above.
I have read my posts, and I am ashamed. Brian, you are dead wrong, but I wouldn't want my nephews to read what I wrote...to everyone, I am sorry, and I am not being a smart ass about it.
ReplyDeleteBrian,
ReplyDeleteYou are answer to the questions, please.
1. Why has the price of silver nearly tripled in just around a year?
2. What are the market factors that would cause such a sudden and extreme move in the price of a commodity that has a virtually flat line price stability over the better part of the last 30 years?
3. Are the factors driving this extreme spike likely to recede, remain constant, or exponentially increase?
4. What is your evidence if you state recede or remain constant?
5. If you said exponentially increase, what will stop a run on the silver and default on those holding a short position, whatever it is on whatever the numbers it is you use and accept as valid?
I am still waiting. I am beginning to think you come here to agitate rather than engage in a legitimate discussion, judging by the SOPHISTICated arguments you present.
Please answer my questions or I will consider you an agitator that has come here to raise hell and make more than worthless points, hijack the discussion board, and keep people for having a forum to present valid information for others consideration.
"How about those premium silver cash settlements?"
ReplyDeleteNow I know you work for JPM. 100%. B/c I have been in contact with people who are receiving cash settlements AND when they refuse to take cash the BROKEMEX tells them to call their lawyer when they want delivery.
You should see how easy this will be to remove your posts watch, watch closely from now how quickly they will dissapear.
Bri-gay: Are you long? Tell me you are long the metals...?
ReplyDeleteSorry for the insults, in Forest Gump's words - stupid is as stupid does!
ReplyDeleteIf I had a shit load of cash I'd pave my driveway in Silver!
I must admit, boy did I ever F-ck up. I gave my family advice to buy a small start up 7 years ago. The POS tanked for 7 years and is just starting to breath signs of life while being down 80%. If they spike this year as expected (YOO), I'll pay my debts and buy a monster box the moment I sell. As a former Nortel employee I've been F'd beyond your wildest dreams with the credit default swap and had my prime minister laugh in my face and call me a piece of shit. Nuff said - I'm all for people taking their life in their own hands, and knowing Canada is just as f'd up as the US.
Brian O'Flanagan said...
ReplyDeleteBenjamin, SGS called me out and I am simply responding.
Comex is not funning a fractional reserve metal system and I have supported that case through my comments and posts above.
_________________________________________________________________
I know that you are a FRAUD now, as the words from Mr. Christians mouth in his testimony under oath is that gold and silver are traded fractionally in multiples of their underlying physical.
Thank you for clearing that up for me & everyone else here.
Nortel..damn did that hurt. Sorry, brother.
ReplyDeleteSGS:
ReplyDeleteAre you giving up? Can't hang anymore and are going to delete my comments?
May I have one last word before I go?
Crimex up 70 cents in 25 minutes
ReplyDelete@silvergoldsilver,
ReplyDeleteBrian O'Flanagan said, "Comex is not funning a fractional reserve metal system and I have supported that case through my comments and posts above."
We now have caught him in an outright lie and he stands 100% discredited. We have video evidence of Mr. Christians testifying to the contrary. It is only a matter of posts until a liar is exposed as they can not possibly keep the lie together as it keeps getting more complicated and intricate.
SLV, Comex. etc.. may or may not have metal. It simply doesn't matter in the end. What part of multiple paper claims on finite metal supply is so hard to understand? This is the same story, the world over..everywhere. More paper claims than available metal! Simple as can be.
ReplyDeleteThere may very well be fully allocated gold and silver in some of these vehicles. What happens when more and more people proceed to drain them like has been the ever increasing trend? They might be able to cash settle for silver, but any big players in gold will not. You don't normally become incredibly wealthy if you're a fucking retard. They're gonna want the gold to protect their wealth.
Time will prove everything.
DDT
I can't remember where I read it, but someone pretended they wanted to take delivery, and they were threatened that they would be the last to be delivered to. They claim they got something like an 80% premium. I didn't do any homework to verify this, just want to let you all know.
ReplyDeleteBrain,
ReplyDeleteDog, you have no credibility here. You just blew it when you said,"Comex is not funning a fractional reserve metal system and I have supported that case through my comments and posts above."
You are exposed, compromised, and naked. You are a liar and a fraud. Whatever you say has no merit. What good is a last word, when you are a liar and debunked in your own words?
Save your breath dog. Move on to a different forum where you may have so credibility and people might not know you are a bald face liar.
I am watching the minute chart on the May silver contract and I laugh my ass of when they try to bring it down. Pisses me off AND makes me laugh, does that make me weird?
ReplyDelete@/SleepingVillage/ who said, "SLV, Comex. etc.. may or may not have metal. It simply doesn't matter in the end. What part of multiple paper claims on finite metal supply is so hard to understand? This is the same story, the world over..everywhere. More paper claims than available metal! Simple as can be."
ReplyDeleteThat is exactly the answer of the 5 questions that I posed prior, it does not matter, as a default is inevitable as the trend continues and money well beyond the value of the planet attempt to claim/be redeemed for physical gold/silver.
You Sir are right.
Thanks man - but Fuck - lost everything - But Silver is unbelievable I found it by chance in Jan-11. I could tell you a story from 10 years ago. A psychic said holy fuck - silver (metal in the ground) is going Fk'g go ballistic... Since then I've read up and am completely convinced this is what she saw! Fuck that shit head with the perfect hair doo Harper - Fuck Nortel - Silver is going to be the next biggest metal in the history of the planet! Silver will put Gold to shame! Shit if I had money I'd buy every scrap of silver I could find!
ReplyDeleteSGS, gonna give us some more good (insider) info. this week?
ReplyDeletedetersbb:
ReplyDeleteThe only thing that has been exposed is your ignorance. Comex is a futures exchange, not a bullion bank. Learn the difference. Christian was talking about derivatives. Learn about what a derivative is as you obviously do not know. A derivative is not a fractional reserve mechanism, is a mechanism for transferring price risk. The only fractional reserve gold creation is through the use of unallocted accounts, which is material but not what Christian was talking about.
You need some schooling bro.
I almost got the courage to pay in silver today to see what kind of reaction I would get. You can go to YouTube and do a search something like "man tried to pay for taco with gold". I believe the dude is Mark Dice. It is both sad and funny
ReplyDeleteHi Guys,
ReplyDeleteLong time reader - one of my first posts. I come here mostly for entertainment. I'm not a silver or gold bug but always put my money where there is value so I'm not interested in taking sides with anyone on the "Crimex" issue.
I see a lack of rational arguements from both sides here. Nothing really surprising from either direction. The only statement I have an issue with because most of the rest of it can't be proved true one way or the other is this:
Brian writes:
"Where's that JPM bankruptcy filing? Oh, that's right. They are still reporting record profits and perfect trading records."
This statement is true but is used in a context that is incorrect. It is meant to show JPM as a beacon of economic health and righteousness. Brian - If the Fed lent or gave me several hundred billion dollars of taxpayer dough for next to nothing and I failed to make a profit I am afraid I would take a long walk off a short peer.
JPM is no beacon of free enterprise or they would not have needed to take the bailout in the first place. They are - in a sense - an extension of the Fed - a crown corporation of sorts by CDN standards. They are playing with a loaded deck - an unlimited line of credit. This makes them thieves - morally speaking - and not an entity that we should look up to or admire.
SGS may be a ranting fool at times but he is at least entertaining to read. IF you truly believe in the idea that JPM "made a profit" by going to the trough then you are my friend are something much worse.
Fractional reserves are LOVABLE compared to derivatives.
ReplyDeleteBri-gay says:
ReplyDelete"Comex is not funning a fractional reserve metal system and I have supported that case through my comments and posts above"
and then says,
"The only fractional reserve gold creation is through the use of unallocted accounts"
so which is it? LOL, and my linguistics techy just sent me an email as to your syntax has a 92% match to that of Kid Dynamite's....awkward....
Swampfox, since you don't come here often, keep up that practice, ok?
ReplyDeleteSGS, you watch futures at all?
ReplyDeleteBrain Dog,
ReplyDeleteYou are a fraud, a liar, a sophist and put forth a nonsensical argument. You words are cheap and worthless, meaningless. The COMEX will default. There will be failure to deliver. The derivatives market has obligations for amounts of silver that does not exist on planet earth, which means they are already in default, it is only a matter of the holders taking delivery.
Now that you have been called out and proven a fraud, it is a matter of sanity why you continue to insist being heard without a shred of credibility on this post. Please leave, you are starting to make me feel uncomfortable for you, and this does not happen.
Seriously Dog, you need the schooling you recommend, as a psych student, I can tell you that is projection. Seriously though, please have a mental check up, you are not right in the head there.
SGS:
ReplyDeletethe syntax similarity is due to a thing called education, where you learn to write and speak without using four letter words. Try it sometime.
SGS:
ReplyDeleteare you ready to admit defeat and start deleting my comments yet?
There is a definitive winner out of this (besides physical gold and silver) and it's SGS blog. Check out the comment count on this post. If I were you SGS, I'd keep this going. Everyone loves a bit of drama.
ReplyDeleteMaybe you guys should take it to the next level and go put on some of those big ass plastic sumo suits and rub some butter on each other and wrestle it out.
well if any of you folks think you can hang with me, head on over to northeastbullion.com and I will debate all comers. Point by Point.
ReplyDeleteYou can step into the light and learn how the world really works or stay here in the darkness of conspiracy nut land. Your choice.
Brain wrote, "well if any of you folks think you can hang with me, head on over to northeastbullion.com and I will debate all comers. Point by Point."
ReplyDeleteYou are a liar and a fraud as you did not even answer so much as 1 of my questions are address more than 1 of my points.
You can step into the light and learn how the world really works or stay here in the darkness of conspiracy nut land.
HAHAHAHAHAHAHAHA!!!!! You should try comedy, maybe stand up if you have a good delivery for the punch line.
Brian, I'll come over there if you answer the question I asked in my previous comment and succeed in shedding light on it while taking into context the weight of my entire statement.
ReplyDeleteDDT
Ledbedder,
ReplyDeleteIn case you didn't read closly enough I came in on your side of the arguement. Don't know enough about the comex and how it works to comment. All I can speak on is what I can see as being true:
Silver has gone up a lot and continues to climb steeper which is good since it is still not overbought by the general public.
JPM et all have an unlimited cash supply which makes them thieves or at the very least in league with the psychopaths at the fed.
More and more people/insititutions are buying PM's which will in time over run the unlimited supply of FIAT that JPM has.
I'm not a finance guy like you, SGS or even old Brian - but I am a fair historian, philosopher and have my critical thinking skills firmly in tact. My suggestion to you is don't attack people who are on your side. I may lack knowledge of comex function and won't debate things I don't fully understand but I know the difference between what is believed to be true and what is in fact true.
The evidence I see presented daily that says the comex is in bad shape is pretty convincing. But the truth? Only time will tell you that thus arguing with Brian is a waste of energy. Brian shows his true colors by simply making positive statements about a company that is anything but righteous, effecient or otherwise good in the sense of being truly capitalistic. If he is therefor an admirer of such a pirate organization why bother to give him the time of day?
It is easier to defeat your opponent with facts you know to be true (IE JPM took huge amounts of tax payer money then made a profit on it) than it is to defeat him with arguements that are possibly true but which you cannot at this stage substantiate 100%.
Still want me to fuck off? Still think I should go elsewhere? Am I your enemy or your friend? Figure it out.
I have a great punch line, "Brian O'Flanagan."
ReplyDeleteSwapfox, then I suggest you not start your post with "I come here for mostly entertainment". Can't speak for anyone else, but at 37 1/2, I'm planning on this silver explosion to allow me to do other things than my current J-O-B (just over broke)And another thing, this sure as hell not entertainment for me, but damn serious. Don't want to pick on anyone, but even though this blog is riddled with crude humor, I am 100% serious.
ReplyDeletesilvergoldsilver,
ReplyDeleteI suggest that you do not block or delete any posts from Brian, as doing so will give him "Street Cred," and bragging rights he will cite to create fraudulent credibility to those people who read his non-sense.
After today I am done acknowledging his existence and recommend an unspoken rule to ignore him on sgs forums. We now know that he is a liar and a fraud and has contradicted himself and sworn testimony. To those who do not have access to this thread, he might be able to fill there head with BS on his site, so be it to their detriment, might as well leave him and his cult of followers to their fate.
We are right, we know with simple logical deduction/induction that the COMEX will fail sooner or later-it is only a matter of time. We know that you give good insight and commentary. Take heart and know that as it unfolds he will stop in less and less and not at all.
I have no enemies, esp. surrounded by my silver (and gold) brothers and sisters. No hatin' here Swampfox.
ReplyDeleteO' Flanagan....."I WILL DEBATE ALL COMERS...POINT BY POINT". you sound like a lawyer. Lawyers and Bankers don't have much credibility today.
ReplyDeleteIt doesn't matter anyhow...the COMEX will be dead within a few years
SGS, if you would indulge...do you follow the futures market at all?
ReplyDeleteDetersbb: I second that
ReplyDeleteLedbedder,
ReplyDeleteFirst of all they are my posts and I will start them however the hell I want.
Second I do come here for entertainment. SGS is a pretty smart guy and has lots of good information for someone like me. The entertainment is in the delivery. He is a rude, crude red neck mother fucker and he makes me feel at home. I spent many years working in the middle of oil and gas country dealing with people just like him. I don't agree with everything he says and sometimes wish he would tone down some of the conspiracy shit but what the hell.... it's his blog.
For what it's worth I don't think he needs you to defend him. He's not much for making a good written argument but he will tell you just what he thinks of you without any problems. I respect him because he is obviously just being himslef - something most people in my world seem to have a problem with.
Anyways - I will continue to visit for information AND entertainment. I will also continue to call bullshit on anyone I feel like calling it on. If anyone has a problem with that to fucking bad.
BTW - Brian is a troll. Ignore him and stick to the facts.
ReplyDeleteBOF:
ReplyDeleteGolly, what an air of fresh breath you are!
If the "exchange" was on the up and up, why are there different rules for buyers and sellers?
Why do buyers have to pay up front, and then wait for delivery?
Why, while they arecwaiting for delivery, can't they see their silver?
Why do serious buyers of the commodity avoid the exchange?
Why is the real price discovery closer to what is negotiated on eBay than at the Comex?
Do you deny that silver has been monetized through leasing?
There's a few questions for you.
When there is a complete absence of transparency, and an absolute refusal to address concerns, and a history of the participants playing fast and loose without rules and/or enforcement, you might understand why your assurances and faith are not enough for this blog.
Angry, huh? I don't think I defended SGS, he can do that all the same. You cried like a little bitch about my other post. All I was trying to tell you is that if you don't want people jumping on your posts, then quit calling what we are doing as "entertainment", because when Mr/Ms American Public is being ass fucked 364 days a year (JPM takes Christmas off), not gonna let some wad tell me he thinks is fucking entertainment!
ReplyDeleteSwampfox..we're on the same side. Fucking christ, can't people realize (most) of us here are to try to bounce ideas off of each other and prosper?
ReplyDeleteHey, all, currently you are up 1.45% today!! (me too) :)
ReplyDeleteLedbedder,
ReplyDeleteMy post went up after you posted. Timing issue or I wouldn't have bothered. Sorry. This is why blogs can get frustrating.
I think you might need to slow down a bit and read my posts a little closer. Entertainment is derived from delivery not content. Understand?
Get the word out like never before. I'll be monitoring this all week....developing...
ReplyDeleteGold and SIlver Top News
We are about to enter a period of time that has never been experienced in world history......developing....
Swampfox, yes, I will read closer & a 2nd time. Hope your evening goes well.
ReplyDeleteLedbedder,
ReplyDeleteYou too. Cheers.
News Unit..love (most) of your posts, but putting your post up from 7:27, you're like a pretty girl at last call..
ReplyDeleteBrian O'Flanagan was in the movie "Cocktail"
ReplyDeleteWhich one is 7:27? I need a title. I killed a few recent things there that turned out to be distractions. Very busy here....thanks...
ReplyDeleteThis is going to be a big week for gold and silver. No kidding at all! Get the word out!
Hoping it is a big week to the upside, but as a futures creep that I am, it is sure as hell looking like I can still be my devil like speculator
ReplyDeleteBut, I also own physical
ReplyDeleteWhich one is 7:27? Anytime you see something that might need to be addressed leave a COMMENT.
ReplyDeleteLook at the DOLLAR and SILVER right now! Can you figure that one out?
What's going on here IMO is artificial but silver will still go up...more later...developing....
Ledbedder:
ReplyDeleteYou are down to 5 posts total a day holy fuck. Yes I watch futures, they dont mean shit. Wouldn't doubt to wake up tomorrow at $41. or $46...doesn't really matter anymore about spot (actually it never did). My bets have been placed.
"You can step into the light and learn how the world really works or stay here in the darkness of conspiracy nut land"
I stay right here in nut land, with my 130+% gain on phyzz...thanks for coming out
Sorry, brother. My mouth & fingers are in full force. Dind't mean to upset anyone.
ReplyDeleteSGS: So true: When you have raw physical the spot price doesn't matter in this end game. But the excitement is still there!
ReplyDeleteI was away making dinner. So who won SGS or BOF?
ReplyDeleteyall are a bunch of dummies
ReplyDeleteserious question.... where do the metals trade in a confiscation scenario. Is there even a number. Would they do it. Think 1933, and a state of affairs of equivalent desperation. I could make a fair argument that the desperation is greater. America was solvent in 33.
ReplyDeleteHonest question, not agitating. Very long, it just occurred to me
Yukon, just like Kornheiser defeating Wilbon in Toss up, BOF won by a landslide.
ReplyDeleteI don't know who won. When it broke out, I just scrolled down here to see how it ended. Since I missed the ending, I'm not going back up!
ReplyDeletevamoose = troll from TF blog. Ignore and do not debate.
ReplyDeleteSilver @ $80 by end of June.
ReplyDeleteBook It!!!
Joe M.
Vamoose - Read these two links..No debate necessary:)
ReplyDeletehttp://fofoa.blogspot.com/2009/08/confiscation-anatomy-different-view.html
http://fofoa.blogspot.com/2010/08/confiscation-anatomy-part-2.html
DDT
Now now jack. what is a troll, someone off the cool ade you drink.
ReplyDeleteYou realize you are participating here in a mutual reinforcement society.
This is how people get buried. Groupthink.
Go and look at that silver chart, (ya but it should be 128 adjusted for shadowstats post 1980,) ,, and so it should, and so it may, thats a parabola, and a bad one.
You have a great nite.That guy btw is jeff Christian, the other troll above these posts , almost guarantee it, he does this.
Brian,
ReplyDeleteI don't believe Mr SGS EVER claimed he had any evidence on his theories. All the supporters are here due to their own believes and faith. To continuously ask for proof is like bursting into church on Sunday morning asking everyone to proof there's a God. If you don't believe in the theory, you don't have to show up. why are you wasting everyone's time?
vamoose wrote, ""and so it should, and so it may, thats a parabola, and a bad one[,]" and, "the other troll above these posts , almost guarantee it, he does this."
ReplyDeleteYou are going to slander someone for making a parabola statement and then say that they are bad for doing it; ONLY TO DO IT YOURSELF QUITE NEARLY IN THE NEXT SENTENCE YOU WRITE?
Are you serious?
sleeping village
ReplyDeletefamiliar with that site. unpersuaded, particularly since it requires him a book rather than 3 paragraphs to elucidate his points.
the draft was eliminated in the 70s, in favor of poor people instead... volunteers. right. if war erupted with china, any chance of a draft... pretty good i would say.
they can , have and will do anything, always have and always will. it has never been otherwise.
Every non cash purchasor is known to the IRS.
In my country at the Scotia, the purchase form is made out in sextuplicate. You need a laser gun to get to the sixth copy.
Too many agencies are copied.
I just wonder how many converts here have given the remotest consideration to an asset that could be rendered worth zero.
I dont wonder. None. appreciate the love.
Well I just re-read both links while I drank two glasses of red wine. It wasn't that difficult, I'm still alive and breathing. I encourage you to read at least the first link. I could sum it up for you, but I don't think you've earned it yet.
ReplyDeleteIf you can't take the time to read the foremost expert on these matters, then I have no time for you, Sir.
I've seen your posts at TF's, you expect to be respected, and yet you're clearly lacking the discipline to even take the time to read a few minutes of a VERY sound argument. You come to blogs to talk down to us and preach that we're all suffering from "groupthink", while you might be suffering from "nothink"
I'm not trying to belittle you in any way, I just say it as I see it.
I'll tell ya what, if gold goes to zero, I'll pay you double that for whatever you have;)
DDT
vamoose = troll. Constant lying and will never tell the truth. Makes outrageous statements just to get attention. Enjoys being wicked and pulling your chain.
ReplyDeleteDo not debate.
The truth hurts. Morton Shulman in Toronto canada said it most succinctly, back in the silver market of 79 , "dont try to talk sense to people in love with their dreams"
ReplyDeleteFYI for newbies: Buy the Dips = http://www.investopedia.com/terms/b/buy-the-dips.asp
ReplyDeleteCorrection: Buy the *fucking* dip.
ReplyDeleteI think this is a record for the most comments in one post.
Some good comments here, I like hearing both sides and having each side challenged. I am here to get educated and up to speed to make better decisions. The challenges from both sides allows me to evaluate, research, confirm, disprove and make a more educated decision.
ReplyDeleteThanks for blog SGS
I'm somewhat new to the metals market, but hasn't the existence of "evidence of lies" on the part of at least JPM been dealt with a while ago by federal judges presiding over the dozens of silver manipulation lawsuits before the Jud Panel for Multidistrict Litig, and more recently as consolidated before the district court for the Southern District of New York? I havent had a close look at the papers, but there seems to be a good amount of email evidence, specifics of conversations. And I mean forgetting that for a moment, an agent of the US govt itself- CFTC chairman Chilton has made statements to the effect of the existence of, if not criminal acts, shady practices etc. of the large commercial banks.
ReplyDeleteNot sure what the hang up is on "evidence of lies". The evidence was well-documented months ago