After speaking with people that trade billions of dollars a day in the PM's, and then making a video out of it, Bears Part 6, and then having a 20% pullback, and what looks like after tonight's DUAL margin hikes, will be an interesting next 2 trading days, I have re instituted that smile on my face, that I once had when the price of silver went from $15-50.
I'm happy. You know why. Because soon enough, the sheep will be flushed out of this trade, and the big boys are going to come in (might even be by friday) and collect an EPIC amount of physical that the world will be astonished at. We will look back at this week, and point with our fingers and say, "Thats the week they lost control, right there that week!"
The Cot report is bogus, the metals reports are bogus, everything is fabricated to what JPM wants it to be.
Now some fuckflammers will come on here and say shit like, "conspiracy guys always have to twist the story to make it sound like their theory puke puke blah blah blah" and its these same assholes that are having their house foreclosed on, $100,000 in CC debt, and moved back in with their parents who are about to move out because they are now being foreclosed on too.
I can go on , and on...
But lets slow the fuck down here. If you are to listen to anything please listen closely at what I'm about to say. In the movie the 'knock around guys' Vin diesel tells the guy '500.' Apparently 500 street fights is what you need in order to 'know' how to fight or be respected.
Now in the trading world, its 500,000 individual trades, not by bot, box or algo, by the click of your mouse-this is when you have arrived, when everything 'clicks' and its like the end of the matrix movie when duchsac sees all the code streaming down...I have been here before my friends trust me, its not the end of the world. I have tried to guide you in any way I can, and guess what...its no different than 2008. I remember trading AIG on the day it traded over 1 billion shares (I still have a video of it I may post it for shits and gigs) and thinking to myself, this is it, this is Rome falling.
Its all a game. The world is a game to be played, and we are at the mercy of the big boys.
So where do we go from here? It depends on how many weak hands were shaken out on the previous 27 margins hikes this week. If some smaller guys are left, tomorrow they will pitch out and the capitulation will continue I have been hearing some interesting trading desks talk about an enormous position at $37.50. So...let it be know right here, right now, if we close under that, it will be ugly.
If you are looking for guidance for the price of silver...honestly I made close to 100 trades today flip flopping back and forth testing this $38 level (SLV)...and with the margin increases coming tomorrow and the 9th, well, boys and girls for the first time ever, I'll say it, we brought knives to a gun fight-they do hold the upper hand here and I have no idea where this is headed by friday- too many surprises from JP owned CME. I mean, is the price not under control by now...? it down 25 fucking percent in 2 days...this isnt keeping the market orderly its making even more DISorderly-no conspiracy? If one doenst think that silver is too big to fail by now, I would urge you to seek immediate psychological and brain hemorrhaging attention-you have to have a "I am fully retarded" hall pass in order to be exempt from believing that this is not a controlled event in the most desperate of times. Why didnt the CME raise margin on Netflix? LOL fuck it.
We can still defeat them. At these insanely lower prices (and might go lower-dont shoot the messenger here - $32 may not be out of the question as they will probably increase the margin to 100%- meaning if you want to trade silver you will have to use all your own money) go out and buy more physical. Thats all I can say. This will cripple them. And tell anyone if they are thinking to sell their physical back, they will be making the biggest mistake in the history of the financial ponzi game.
Heres the equation I am using right now that is not too complicated, where we can all win. Buy the PUTS to protect your physical long, and buy phyzz starting at anything under $35 or if you feel comfortable, start picking away right now...
Years from now, when we are sitting back and wondering how this all started, I will light a cigar, put my kid on my knee, pull out a maple, overlook the sunset over the fiery blowing wheat, and tell him a story about a blog that (hopefully) changed thousands of people's lives for the better.
Goodnight, I have to take an advil after watching Phily get fuckin tuned again.