May contract still looking good, this weeks April 16th is being hedged a tiny bit right now, but everything looks healthy here.
The $US has not rallied, this is a take down 100%, FUBM you are like a an itch that I cant scratch. On the positive side, buy the fucking dips.
You know how to thank me!
Hahaha. Awesome....
ReplyDeleteSGS, looks like Blythe is putting a strong hit on silver today. Any idea how many contracts JPM shorted? Almost a 5% drop from the $41.98 high.
ReplyDeleteThese asshole banks will never ever give up the shorting game, and it's my belief that it's 100% because they are under direct orders from the Fed and\or Treasury. They cannot let the metals fly so they are happy to let them rise slowly, all to keep the dollar from falling through the floor. There can be no other explanation for the kamikaze trading. In the end, the banks that get burned by the metal shorts will be bailed out by the Fed.
ReplyDeleteIt could be in a week or 10 years, I have no idea. I never thought they would be able to extend and pretend this long. These reprobates are masters at kicking the can.
In the meantime, keep stacking.
Looks like the Evil Empire got gold and silver to break 1460 and 40 almost at the same second. Meanwhile the USDX flails like a dying fish to stay above 75.
ReplyDelete"Gold in the hands of the people is an enemy of the state" -Adolph Hitler
Until they start demanding physical and not settling for cash (with gag-orders), we'll have these opportunities for a while I imagine. I just BTFD
ReplyDeleteSGS - any comments on the pending election outcome in Peru on Tinka?
ReplyDeleteI hope the Asians BTFD like champs with all our worthless fiat they're holding and skyrocket silver back over $42.
ReplyDelete@$$hole bankers!
Maybe a FUBM tomorrow? Tuesdays are generally good days.
ReplyDeleteit so frustrating to see that the banksters can get away with evthng! without any real kickback that an average user goes through as an effect of their day to day operation! ihateblythe!
ReplyDeleteAfter today, I feel like I have been TSA'd by Blythe. What damn criminals!
ReplyDeleteCTFC meeting on contract limits (JPM has 125 million ounces of silver short on the books right now) and God knows how many other naked shorts and OTC shorts tomorrow at 0930. Maybe the big banks will get their asses spanked after all on position limits...
ReplyDeleteAC
JPM short 25,000 fucking thousand silver contracts - unreal.
ReplyDeleteTK got da hamma today... fun. should have sold at .72 to rebuy the dip, oh wells.
ReplyDeleteorganized take down of tinka, I told everyone this a week ago...there is nothing for sale from .61-.64, keep on selling I have my bids in...please...MACD has crossed, painting chart is commencing, trading 101 easy peesy
ReplyDeleteSomeone betting on an SLV decrease
ReplyDelete"A trader’s almost $1 million bet that an exchange-traded fund tracking silver will plunge 37 percent by July was today’s biggest single options trade on U.S. exchanges as futures on the metal reached a 31-year high. The 100,000 options to buy 100 shares each of the iShares Silver Trust (SLV) at $25 by July changed hands at the ask price of about 10 cents and exceeded the open interest of 6,054 outstanding contracts before today, indicating that a buyer of a new bearish position initiated the transaction.
http://www.zerohedge.com/article/drop-silver-attributed-1-million-37-downside-bet-slv
ya great...if I was up $20 mill on a trade I would be required to buy insurance. These trades are all JPM games...trying to mind fuck people
ReplyDeleteBlythe Masters = BM (how appropriate) = POShit = Whore of JP Babylon! If only she could get what she deserves(at least financially = BROKE).
ReplyDeleteThose 100,000 July $25 Puts is a crooked play by the short sellers and the Market Makers. The MM now has to sell (create shares) to sell short in order to hedge.
ReplyDeleteWatch for SLV to show up on the SHO list
Darth Smoker:
ReplyDeleteYou couldn't be more wrong. As there was no other option cross of similar size to confirm a delta neutral hedge, the buyer, if not taking a naked bet, would have hedged with long stock. Not 'creating' anything, merely buying from other market participants.
There is nothing crooked here either - i assume you wouldnt think it 'crooked' of the same player to take a $1MM bet to the upside in July $50 calls right?