-Gold OI explodes by 16,309
-168,704 volume, shockingly it was wasnt over 200K, and we had a green day, how easy is that?
-ZERO deposits to Dealer (The writing is on the wall here if you havent figured this shit out yet)
-18.2 tonnes added to GLD, hahahha
-OI keeps stepping up 148,652, you are fucked Blythe.
-ZERO deposits, more withdrawals.
-SLV adds 2.2 million ounces (If you didnt hear the weather, it was raining silver eagles over Atlanta on Thursday, so Bltyhe's little coons with large baskets were basically catching all this silver and adding it to the SLV "inventory."
JPM and friends COVERED 3754 contracts. HA! No shit eh? Wonder why the price went up...gee golly fuckwhiz. But wait a second! The COT runs till Wednesday. Price action flew on Thursday/Friday which we do not have data for yet....hummmmmm interesting to note
May is still looking good. Seems to me we are still on track A few of my loyal readers have been asking what the fuck this chart is. So I will explain it.
1. Calls and Puts: Across the top you see this right? A call is a bet that the price is going up. Put is a bet its going down.
2. Dont worry about the bid/ask/last.
3. Volume is key, obviously as the volume goes up, more and more people are putting on bets.
So, it this example above, traders are still betting, and betting heavily that by May 21 expiry, SLV will hit $45 and thus hit their "strike" price and be able to sell there shares or premiums and make money.
On the flip side, those that are buying puts, may be betting that the price will go down, OR they are hedging the longs on SLV and buying 'insurance.'
I will not explain anymore as this can all be found on Google or wiki or any other stock board.
My main commentary is that things are progressing exactly the way I wanted them to. Remember I posted the First Bears Video in November. At that time there were a fucknumerous amount of haters saying I was full of shit, gay, lying, etc. I dont gloat. I just keep stacking the physical and purchase a few shares of paper miners that I let my readers here know about.
Speaking of that magical new mining stock, I am putting it on hold for another 48 hrs. I am doing so much DD on it, that I've lost track.
I also chatted with my boy Andrew and TINKA, and the drills should be in any moment ready to break ground within 2 weeks. Last week I gave a buy signal at .55 on it, it hit .53, and the next day was up 15% to .64. Not sure if anyone bought it, but what the hey.
I also would like to touch upon family, close friends, etc. After speaking with a friend of mine, who is very well read in the current silver situation, we have come to the conclusion that 'normal' sheeple dont want to hear about this 'conspiracy' shit all the time. And it just hit me as to why this is; people dont have a fuckin penny to their names, and in $250K plus, and dont really know how to pay their mortgage on monday, and here us assholes keep telling them to buy silver with money they dont have!
If you want peace, happiness, and want to teach people about this stuff-here it is....Dont do it. yeah, I fuckin said it. Dont do it. Its a waste of your time. Protect your family, and keep stacking. Others dont care to here about it, trust me on this one. And when silver ticks down a dollar or two, you know they are cheering for it to go to zero, I see it everyday.
It will be my greatest wish to have all of this modernized world shit the bed, and blow up in a ball of flames. Only then will the morons who buy flat screens and 400K mortgages realize that they will starve to death. Its happening before your very eyes, just let it be. They have a sickness. The sick need to perish. And yes, I would eat your fuckin puppy, dont let me near you.
You know how to thank me!