Monday, May 2, 2011

If the $US falls in a forest, does anyone hear it?

If the dollar didnt rally on that Bin Laden news, I hate to say it, this may be the end soon.

Oh and I just heard Dennis Gartman say Live on BNN, "There is no trade in Silver, its so volatile its no place for amateurs, and no pro trader wants anything to do with it."

Right...

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20 comments:

  1. RedTailGreyParrotMay 2, 2011 at 10:54 AM

    Gartman advised his clients to “rush to the exits” on gold when it was at $1,200. Oops. Do any of the news folk ever call them on these types of things?

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  2. AnonymousMay 2, 2011 at 10:58 AM

    Gartman is a pure, unadulterated fuck-wit.

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  3. MHMay 2, 2011 at 11:11 AM

    This comment has been removed by the author.

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  4. MHMay 2, 2011 at 11:11 AM

    These are not the droids you are looking for!

    Get out there and celebrate, we just killed the evil bearded man! America... Fuck Yeah!

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  5. silvergoldsilverMay 2, 2011 at 11:19 AM

    $47.23, celebrate that. Forget the cave guy.

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  6. DiamondMay 2, 2011 at 11:23 AM

    I'm only 19, but am interested in all this. My Dad said he doesn't buy into the idea that the announcement of OBL's death was to pump up the dollar and crash silver and gold.

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  7. DiamondMay 2, 2011 at 11:24 AM

    p.s. - I don't agree with my dad.

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  8. seeweedMay 2, 2011 at 11:25 AM

    Money is money and paper is paper - doesn't get much simpler than that. Killed who? Bin what? The only thing being killed is the fucking dollar.

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  9. JackMay 2, 2011 at 11:29 AM

    Diamond: Dad is correct in my opinion. Everything is not a conspiracy.

    But SGS has a good point. If the death of Bin Laden did not send the US Dollar flying up, nothing probably will.

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  10. MHMay 2, 2011 at 11:39 AM

    I love these crashes with diminishing half lives. Every time I laugh uncontrollably at how uncomfortable and desperate Blythe and her leash holders are getting when they throw the kitchen sink at silver just to see it bounce right back up. Suck a fat one Blythe, you can't scare me, and you certainly can't make me sell my phyzz!

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  11. BuckanearMay 2, 2011 at 11:46 AM

    Here's an interesting ZOG silver slide show. ZOG did not report the source of his data and he show supply greater than demand, which flies in the face of shortages and 17 years of deficit and backwardation. http://www.businessinsider.com/silver-investing-guide-2011-5?op=1

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  12. silvergoldsilverMay 2, 2011 at 11:58 AM

    Wow. Lots of silver talk on BNN today. Even Berman was puzzled at the move last night.

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  13. SRSroccoMay 2, 2011 at 11:59 AM

    SGS calls it right again, SILVER in Extreme Backwardation

    May 2011....46.810
    Jun 2011....46.695
    Jan 2012....46.600
    Jul 2012....45.975 b
    Dec 2012....46.500
    Dec 2013....44.000 b
    Dec 2014....44.775
    Dec 2015....44.450

    What's that a $2.25 backwardation going out to Dec 2015. Going to be interesting this next several weeks.

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  14. nig4lifeMay 2, 2011 at 12:14 PM

    well people spent a lot of money at the bar last night when that went down so that kinda helped

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  15. RichMay 2, 2011 at 12:40 PM

    I don't know who Dennis Gartman is, but he's obviously not a trader.

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  16. chris brittonMay 2, 2011 at 12:55 PM

    A military raid was conducted last night. The intended target, SI, was reported to be severely injured. Charts were widely distributed to indicate that this appeared to be the case. However, this morning showed that the target has almost completely recovered. During the raid, it appears that collateral damage was done to an unintended bystander, the DX. Currently, DX is on life support and is listed in critical condition. Doctors are hesitant to give any timeline for a recovery. A contact who does not wish to be identified stated that the prognosis for DX doesn't look good but can not give an estimate of how long the patient has to live.

    Meanwhile, the president of the Banana Republic of the United Corporations, O'Banana, has been touting the raid on SI as "extremely successful" and "an operation that we have been planning for a very long time". Media reports are showing an increase in O'Banana's approval ratings while DX's critical condition has been widely ignored by the mainstream press.

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  17. The DocMay 2, 2011 at 2:14 PM

    SGS- you must have some TINKA you can spare to plow into physical on D-Day to help us stick it to the cartel!

    http://silverdoctors.blogspot.com/2011/05/silvers-d-day-invasion-we-buy-silver.html#more

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  18. ben.roberts13May 2, 2011 at 2:54 PM

    Bin Ladin family was a very close business partner with the Bush family. Osama was a CIA asset known as Tim Osman. The Al Queda was created and funded by the CIA. The real enemy is already here and controlling your mind with total propaganda and lies through the mainstream media. Do you get the big picture yet??

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  19. HorsyguyMay 2, 2011 at 3:25 PM

    Cbritt very funny, nice job...

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  20. AnonymousMay 2, 2011 at 10:17 PM

    Where do you get the backwardation numbers? That's not what CME is showing at the moment.

    SE

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