Thursday, April 14, 2011

$US rolling, I think we have found our footing here

Looks like $40 is new floor. $US is treading 75 like a child in blow up wings.

Enjoy Mike's New video.

18 comments:

  1. Cool: I haven't seen this yet. This guy is a good balance among all the other sources now and then....

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  2. SGS: How about putting my blog on your link there so I can just click on it? :-)

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  4. So what's the number for last year ?

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  5. Great video, SGS. Mike is a gold bug, but that was a very straight forward video from him.

    Can't wait to hear about your new junior mining stock, btw!

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  6. Does anyone here watch the futures market? Well, I do? And if someone doesn't think there is out right manipulation just has to look at May contract and 4/11 and today (4/14). Market goes up strongly, just to be ass fucked by the "Boyz" If some pansies asses like the CFTC can't do the right thing, what makes ANYONE think ANY part of the corrupt government can/will do anything? G.D. this country needs a peaceful (and successful) revolution.

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  7. Also in the charts, "gaps" must be filled at some point. Usually sooner rather than later..so, May contract has a gap at 40.237, so it has to at least come back to that before going higher. Again, more shit from Blythe, et. al. Get people excited and going long, then step on their nuts and make them puke out a margin call.

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  8. At $40+ I stared eyeing Granny's silverware and that gave me a though; I know it's not .999 but what happens when everyone floods the market with the family's sterling tea service and flatware? I know I have 30, 40 lbs. no exaggeration.

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  9. A lot of silverware is silver plating or coating.

    Although if it's old enough (or fine enough) it could be a fairly high percentage.

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  10. Iran is at war with the world, why would they want to hold currency of their enemy? They might be jihadists but they aren't stupid. They are insular and are behaving as they would be expected to.

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  11. BTW, rather ironic that the Fed's Primary Dealers are now supporting the long bond as the dollar hovers near the brink of collapse. Sort of looks like the EURo when we were trading at 118 last year. Don't be fooled, The Illuminati have control over this situation

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  12. Can there really be a dollar collapse? The reason I ask this is that it's still used as the medium of financial interaction world wide. Sure the fed is killing the value, but what else would you use if your say "Thailand" trading with "Iceland"? I think it's going to be a slow wind down with other currencies chasing.

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  13. Can anybody tell me what will happen to silver prices if: Japans problem with supplying parts gobally to build cars, electronics, etc. According to Michael Ruppert http://www.youtube.com/watch?v=uMDRCwRtiNM

    Watch the video, he articulates the problem better than I.

    If the Dow drops 3,000 to 5,000 after July's quarterly earnings reports show the Japanese effects. Personally I don't think I would be buying a Japanese car exposed to radiation. So what about silver prices in this scenario?
    Thanks

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  14. I saw this one a couple weeks ago, Mike is a currency historian and if there's a voice of reason out there he's it! Key words "US dollar has cancer", "it will happen", and "it will affect the whole world".

    Clif High the web-bot guy has also detected a major event that he suspects could be the collapse of the dollar and rocketing silver/PMs.

    Ed Dames the RV guru foretold the Japan quake and the nuke breach 7 years ago, Fukushima is now L-7 and is worse that Chernobyl as rad will persist for 200 to 300 yrs. And RV saw a massive quake in the St. Louis area - soon. Don't get me started on this guy and the sun colon spasms coming. Get your tin foil hats ready!

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  15. In my opinion, Clif High is about as reliable as Steve Quayle.

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  16. All kidding aside here with the pool boy comments, etc., would anyone recommend buying shares or calls on the VIX? I would think the VIX would be a good trade here with the Sept. 2011 $35 or $40 call. Could get some nice fiat to buy more silver. Thoughts?

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  17. Official gold transactions for 2010 was 10.22 million ounces.... so he is wrong about it being "of the charts"....

    HOWEVER, this excludes, China, India and IMF purchases...

    So says the 2011 CPM report.

    http://cpmgroup.com/free_library1/PRECIOUS_METALS_YEARBOOKS_RELEASE_PRESENTATIONS/CPM_Group_Gold_Yearbook_2011_Presentation_March_2011.pdf

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  18. What will happen to the mining shares in July after the earnings reports and the effects of the supply chain disruptions out of Japan? Watching Mike Ruppert's video is worrying. Could the HUI (gold bugs index) see a drop to 400, or 300, or worse?

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