Sunday, May 1, 2011

What the fuck just happend?

Is probably what you are thinking...?

Who cares. Seriously, who gives a shit. I say this because I have been screaming to get people long at $15, NOT $50. I too made these silly mistakes of chasing charts early in my trading career. These quick, swift, moves are intended to 'shake' the newly acquired longs at 'tops' or "the highs."

This is textbook. The reason for it? Who gives a flying fuck. Buy it. Dont be up all night trying to figure out what happened. There is nothing to figure out. Blythe is caught, got her cronies to liquidate some accounts, timed nicely with some bogus China/Bolivia data, and you have a $5 selloff in 7 minutes.

If you are wondering why the online dealers are still showing friday pricing, its simple. Brokers are not open, and if they have people buy at $42 now, when the markets opens tomorrow morning at $46 I presume they will have to cover the spread on that. Fat fucking chance they will do that. So wait till 9:30, hopefully by then spot is at $4.89/oz. The world has waited for this and they are responding by buying physical.

Its a great equation we have going for us right now. Every time silver sells off, people line up to buy it. Some bubble eh? Dont listen to the donkey's tomorrow on CNBC, the bubble has popped stories will be running rampant. Just remember who is trying to buy back your Eagles at $3 above spot...

Textbook. Onward and upward we go.

34 comments:

  1. Just bought more phyzz here in Tokyo.

    Silver future price in Tokyo Commodity Exchange (TOCOM) is at 117 yen/gram now.

    This is only 1/3 of nominal all time high of 336 yen/gram back in Hunt Brother's high in 1980.

    As the bears video said, pay no attention to fiat price!!! Phyzz is dissapearing for sure.

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  2. The sad likelihood is that by Monday am this sale on silver will be over, and most of us will miss out in a chance to BTFD.

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  3. save the dollar.. save the dollar

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  4. SGS, Seen the volume for this 15+% drop?

    25% margin hike on Friday, Asians on holiday, LBMA closed (I think) - no planning here obviously. Actions of very desperate people.

    But Blythe, thanks for the opportunity for discount purchases.

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  5. APMEX was showing accurate quotes, so I did my own fat fucking fingering (using my middle finger in the process) and BTFD. Can´t wait to be watching Blythe carpet munching some ho down in Caracas.

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  6. breaking news...

    Obama about to speak.

    ....developing....

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  7. @SGS: I like your style! In summary:
    Q: What the F**k just happened?
    A: Who the F**k cares!

    Like @SGS mentioned, get ready, Uruk-Hai are going to get mobilised tomorrow.

    Silver, let's get physical!

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  8. If it´s terrorism related, it´s no wonder the Prince and his new wife decided not to take a honeymoon. The elite always get the inside track before the masses. Then again, maybe it´s the War of the Worlds. Hope they like silver.

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  9. it is national security related... is this obama's 9/11???

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  10. Some of you may like these videos:

    http://www.youtube.com/watch?v=d0nERTFo-Sk

    http://www.youtube.com/watch?v=GTQnarzmTOc

    Hayek vs Keynes rap
    I found it in the bitcoin forum.

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  11. did they capture osama bin laden?

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  12. He is going to announce that Keynesian economics has failed. Silver to $1,000

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  13. The Germans just arrested an Al-Quack terror cell who were planning a mass casualty attack, and news reports were saying it wasn´t the whole team that was captured. Maybe this is related.

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  14. Wow! Osama is dead and we have the body!

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  15. About fucking time. Raghead deserved a slow death by 1000 cuts.

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  16. well, it has been confirmed THEY HAVE BIN LADENS BODY!!! who gives a shit... back to game of throns. great now i get to hear the sheeple talk about this shit all day tommorrow.

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  17. Right...more ZOG bullshit Blitzer is spewing to perpetuate the ZOG agenda. Cause Al -Quda ever fucking existed...dont get me started.

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  18. Looks like that Al-Quack terror sell may be a revenge plot in the works.

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  19. I wonder if someone got a wiff of this news and that caused the PM selloff.

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  20. bin laden dead...for how long I ask

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  21. this should make PM go through the roof! bin laden is f'n hero to 1.2 billion muslims. this is only going to create 1 million more "terrorists" or freedom fighters however you see it.

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  22. Heard it here first: This is a pre-emptive military arrangement for the invasion of Iran. The ZOG machine marches on.

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  23. I am sure MARTYRING Bin Laden will be a great reason to get 10,000,000 more young Muslim men lined up for 81 virgins and fucking Jihad with 10 suicide vests strapped on ready to blow.

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  24. fuck... already getting texts, phone calls from the sheep! un f'n real how ignorant people are. they will celebrate the death of a made up villian but have no clue who ben bernake is.

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  25. it is so obvious! come on...

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  26. What the fuck just happend?

    Who cares Obongo just saved us from the terrorists. Yay!!!!

    More CIA* - zyGoo bullshit.

    *(cocaine import agency)

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  27. Eye on the Prize, people. Don't get distracted- we're back down- another deeper dip to BUY??

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  28. Bin Laden was dead YEARS ago. Benazir Bhutto stated this and then was dead only weeks later. I can't wait to find out what fucking scheme this is a part of. New false flag attack by the CIA funded Durka Durkas as revenge for the dead boogey man?

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  29. Not a conspiracy, not kookie, the Bin Ladins were business partners with the Bushes. Osama was in fact, not theory,, not conspiracy, but documented fact a CIA asset. The Al CIAda, was created and funded by the U.S. These are just a few of the facts that you must research for yourselves and draw your own conclusions. I do not take such things lightly without a multitude of cross checked independent sources to confirm. But the most important asset in evaluating a controversial piece of controversy is your ability to reason from the facts with precise logic.

    I have spent the better part of the last 20 years researching the EE. This total lie about Osama Bin Ladin is an integral part of their overall agenda. YOU CAN BELIEVE NOTHING THAT THE MAINSTREAM MEDIA AND THIS CORPORATE FASCIST NON GOVERNMENT TELLS YOU. NOTHING !!!

    YOU MUST QUESTIONS EVERYTHING,, AND I MEAN EVERYTHING YOU HAVE EVER BEEN TAUGHT !!!!

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  30. Holy crap! Is there some way for you americans to take advantage of the dip before its filled entirely?
    Can you buy on other exchanges via brokers, or are some bullion-stores open 24\7? :)

    I bought hard, as the fisting dipper I am, and I will sell all ETFs if it hits over 48.5 again.
    This boogieman story makes me believe that we cant breach $50 without the cataclysmic fight of the Millenia hitting the streets..

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  31. To succeed in this bankster world, you have to learn how the banksters see the world:

    http://www.youtube.com/watch?v=ez90azx4LKk

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