This talking head actually just said that the margin hikes are done to protect the investor and the exchanges. I just pissed my pants. That's like saying, "Well, you see, everyone knows the commodities exchanges are full of shit. And by shit, I mean full of NOTHING. No silver. Nada. So we'll keep raising the margins until its impossible to buy any silver."
Looks like we're going below $40.00 today. Always nice to see the price collapse like this, in an environment where prices should be marching up steadily.
Guys, I just check the price for maples in Gainesville coins. For the past year, they always sell maples cheaper than silver eagles. But now they are charging 5 dollars premium on maples while they charge only 4 bucks on the silver eagles.
Wow, I am guessing more people, like myself, trusting maples than the US minting silver eagles.
I've got a paper plate on my head and am ready to be shit on by the big guys looking for the exit, what was it $42.50? How far she falls is anybody's guess. I bought my phyzz to go long and hopefully the coming $10 flash crash doesn't scare away the small phyzz buyers! I'm gob smacked! Think for sanity's sake I'm going to F-Disc my HD. Too much conspiracy shit out there! Don't know what to believe other than greed has speed! It took us 100 days to go from $28 to $48 and the called this too fast. We are looking at loosing all this in a couple 2 minute flash crashes - WTF!
WTF is the only word for it Buck. Only word for it. USD rallies 0.05% and silver drops by 15% in a day. That makes sense. Yep, this looks like normal market behavior. No manipulation here. None at all. Move along folks. I swear, people are gonna start breaking out the guns if they keep this up.
You know what would be insane? A collapsing dollar coupled with collapsing PM's. Basically hyperinflation with no hedge. Global poverty for all!! Hooray!!!
TSX down 250 points. WOW! Haven't seen that in a while. Probably down 300 by day's end. Nothing like the government really helping us all out, is there? Inflate prices, but definitely don't allow us to build any wealth on the side.
BTW, it looks like they have abandoned gold entirely and are concentrating all efforts on pushing silver down past $40. Watch the buying come in at that point. JPM will start covering at any point below $40 I think. Any thoughts?
anything under $37 "and all the hedge funds will exit at the same time"
ReplyDeleteYa, good luck finding physical at that point.
anything under $37 and The Doc will start donating his plasma to raise cash
ReplyDeleteNo stories when it's rising, but all kinds of scare stories when it falls.
ReplyDeleteGoing to the fucking moooooon!
This talking head actually just said that the margin hikes are done to protect the investor and the exchanges. I just pissed my pants. That's like saying, "Well, you see, everyone knows the commodities exchanges are full of shit. And by shit, I mean full of NOTHING. No silver. Nada. So we'll keep raising the margins until its impossible to buy any silver."
ReplyDeleteMan, that would be wild. Phyzz would explode.
Looks like we're going below $40.00 today. Always nice to see the price collapse like this, in an environment where prices should be marching up steadily.
ReplyDeletei think I may cry today... =/ as soon as I get into paper....finally... they kill me
ReplyDeleteGuys, I just check the price for maples in Gainesville coins. For the past year, they always sell maples cheaper than silver eagles. But now they are charging 5 dollars premium on maples while they charge only 4 bucks on the silver eagles.
ReplyDeleteWow, I am guessing more people, like myself, trusting maples than the US minting silver eagles.
I've got a paper plate on my head and am ready to be shit on by the big guys looking for the exit, what was it $42.50? How far she falls is anybody's guess. I bought my phyzz to go long and hopefully the coming $10 flash crash doesn't scare away the small phyzz buyers! I'm gob smacked! Think for sanity's sake I'm going to F-Disc my HD. Too much conspiracy shit out there! Don't know what to believe other than greed has speed! It took us 100 days to go from $28 to $48 and the called this too fast. We are looking at loosing all this in a couple 2 minute flash crashes - WTF!
ReplyDeleteWTF is the only word for it Buck. Only word for it. USD rallies 0.05% and silver drops by 15% in a day. That makes sense. Yep, this looks like normal market behavior. No manipulation here. None at all. Move along folks. I swear, people are gonna start breaking out the guns if they keep this up.
ReplyDeleteYou know what would be insane? A collapsing dollar coupled with collapsing PM's. Basically hyperinflation with no hedge. Global poverty for all!! Hooray!!!
Hang on guys, I'll go sell a contract on the SI, that will drive the market back up.
ReplyDeleteTSX down 250 points. WOW! Haven't seen that in a while. Probably down 300 by day's end. Nothing like the government really helping us all out, is there? Inflate prices, but definitely don't allow us to build any wealth on the side.
ReplyDeleteBTW, it looks like they have abandoned gold entirely and are concentrating all efforts on pushing silver down past $40. Watch the buying come in at that point. JPM will start covering at any point below $40 I think. Any thoughts?
ReplyDeleteBuy NON GMO seeds.
ReplyDeleteAnd Pb ;)
ReplyDelete