You know...paper is paper, but you cant fuck with the metal. Lets see what the Metals inventories are telling me (if they are true)
Gold: Got tuned today. Volume was outrageous. I'm not even going to write it down.
Silver: Got clocked today. Volume was also out-fucking-rageous. That too I wont bother writing down.
But, what I would like to write about is this:
I see in both silver and gold, ZERO dealer deposits. All categories are full, albeit with shit, but the lone Dealer inventory is been blanked for about 40 days now, pretty much, with the exception of some nice round figures that have gone in, that always seem to be 6000 in gold.
How the FUCK are they settling? Its not making sense to anyone, including Eric Sprott.
So what have we learned in the last 72 hours, other than Blythe can toss my salad?
We have learned that we are dealing with a formidable foe, one whos sense of humanistic reality was lost, long long ago. I will explain this as easy as I can now; BUY THE FUCKING PHYSICAL.
If you know of anyone who sold their physical, especially at a loss, punch them in the mouth for me. Remember one thing, 4 days ago the silver community was rejoicing in $50 land. If you are not throwing a huge kegger in $35 land, this game is not for you, please walk into the coin show, drop your bag of shit off, and walk out with some paper with faces on it and go buy a boat or some Arizona property for $32,000.
I think the $32-34 level is it, if its not, I would be shocked to see it in the 20's, at that point, I'm assuming everyone and their mother will think like me and fire sale assets to buy as much as humanly fucking possible.
Friday's trade goes like this: I will watch the open, at 10:00am if we havnt sold off to $33, I will nibble away with ITMoney CALLS first, I will wait for confirmation that it will stick. If by 2:30 we are good and maybe the panic has subsided, I will purchase SOME phyzz. My hesitation lies with monday hike again, but I'm assuming with the fist fucking we got today it already priced in now. There you have it. Anyone saying silver is going to $20 is in LALA land UNLESS they raise the margin to 100% cash only, then I have no idea what to do, I might even change the name to this blog to SoyCornSoy or CottonCocoaCotton.
I now would like to touch upon the feelings people are having. I know where you are trust me. It's that place where you feel you are being laughed at or watched by everyone, the pit in the stomach, lost apatite in the last 2 days?, you are wondering if you should feel like you should care or not or if anybody cares anymore what happens. I want you to know this is normal, this is part and parcel of becoming a champion. Champions, from their experience in their mastered fields, dont feel these feelings anymore-they are just games now. The game do not change the reason champions invest in something like physical silver. Champions dont question dumping their position because of a 30% drop in 4 days (wow that sounds fucked), champions dont listen to the laughs on TV, champions dont get mind fucked by listening to the clowns. Champions stick to thier goals, and no one, I mean NO ONE is talking them out of it. And after all the bullshit is done, and reality sets back in, new bets are placed, they go home and fuck the promqueen. Because thats what champions do.
Only fuckslaps sell on RED days. We buy the RED days, and buy we will soon.
Together we stand, united we fucking buy the dips, even if it seems its going to ZERO. You will be rewarded, but it may not be tomorrow!
If you feel like shit, thank me. If you feel like a million bucks, thank me.
I will be here at ZERO or $500. Bring on the big boys, I'm assembling an army to take these motherfuckers downtown to China Town baby. Fuckin China Town.
More to come later, I'm starting to get mad again.