27.36 million oz remains in the customer inventory. You know I'll keep it short and tidy tonight. When the masses were selling into the $35's I was buying. When the masses were selling into Tinka at .35 I was buying.
RULE #1 of investing: Sell when You can, not when you have to.
I learned this the hard way longways back. When everything is going your way and you cant possibly loose-sell 80% immediately. Keep the other 20% for shits and gigs.
I'm assuming people sold when they HAD to (needed money, fear, most likely both) at $33 or .33 cents on Tinka.
Let this be a lesson. My crew and I have been around these fuckers for a very long time. Its an easy game. You just have to know how to play their game, and cancel out all the other noobie, retail, sheep noise, and step in to buy when every that thinks they know what they are talking about says its going to zero.
At any time from $50 to $31 was I selling? No. Did I buy PUTS to insure against not selling the phyzz-obviously.
Expect some more margins hikes soon, some more lies of inventory out of the crimex, and more noise as this parade gets tired, the lies will become bigger and the manipulation will become even more blatant, as we entering the 5 inning of the game now with QE3 hinted today on the verge of the EU collapse.
But know this. You better start looking at reality because its coming like a fright train straight for us, and this time, we will not be able to step off the track and let this pass. People that are now saying, "this too will pass" have no fucking clue what is going on. They have been listening to people their entire lives that are going nowhere, making sure they are going nowhere with you.
Get your shit in order. Our time is approaching again.