Also looking at the loveable USDIndex - it shows such lovely green (not anymore) but comparing it to currencies that actually matter it can't get a rise.
At 20 - 1 I shall be ditching the Silver and buying Krugerrands just incase US and UK governments get the idea of confiscating Silver to help out JP Morgue (who is the government anyway)
Tell me SGS do you think there is a chance that Silver will be confiscated and handed to JP Morgue to continue their shorting?
people stop panicking about confiscation, the pub owns 1% of metals ... in 1933 only 3 people went to trial for not handing it in, and only 25% of the suckers sold theirs back for $20.61 and FDR the zionist crook zapped it to $35 six months later, usurping 40% of JoPub the sheep's net worth.
Corn Update...for those that are currently taking the Cornholio you should feel comfort in the fact that the head of Grain Procurement for China said that the USDA's latest numbers are an "insult" and that the USDA has now lost all credibility.....he said China will now only rely on private numbers going forward.
Nice attack on silver just after 3:00pm EST. SLW getting attacked all day, after a nice run over the last two sessions. Someone has been working hard to stop silver from breaking $37. Hopefully we can push through tomorrow.
Funniest thing I read all day, I'm gagging on my wine looking for the Grandfather clause for TBTF Banks - Idiots:
CFTC Expands Its Power to Pursue Fraud, Manipulation Share
by Jamila Trindle:
WASHINGTON—Commodity regulators voted 5-0 to approve a rule that expands their ability to pursue fraud and manipulation in the derivatives markets they regulate.
“We will use these tools to be a more effective cop on the beat, to promote market integrity and to protect market participants,” CFTC Chairman Gary Gensler said.
With Thursday’s vote, the regulators will now only have to prove that a trader acted recklessly, instead of proving that the trader intended to manipulate a market. Regulators also no longer have to show that a trader’s actions actually had an effect on price, which was part of the previous standard for manipulation.
Hmmm
ReplyDeleteAlso - who is sleeping. This is the form QE3 will take - like the oil release.
http://www.zerohedge.com/article/obama-administration-extend-mortgage-free-living-americas-unemployed-one-year
Also looking at the loveable USDIndex - it shows such lovely green (not anymore) but comparing it to currencies that actually matter it can't get a rise.
Anyway - everyone - back to sleep.
At 20 - 1 I shall be ditching the Silver and buying Krugerrands just incase US and UK governments get the idea of confiscating Silver to help out JP Morgue (who is the government anyway)
ReplyDeleteTell me SGS do you think there is a chance that Silver will be confiscated and handed to JP Morgue to continue their shorting?
people stop panicking about confiscation, the pub owns 1% of metals ... in 1933 only 3 people went to trial for not handing it in, and only 25% of the suckers sold theirs back for $20.61 and FDR the zionist crook zapped it to $35 six months later, usurping 40% of JoPub the sheep's net worth.
ReplyDeleteIn my opinion, confiscation will not happen. There aren't enough people out there who own it.
ReplyDeleteGreat chart but if I wanted to masterbate I'd visit pornhub.com LOL
ReplyDeleteCorn Update...for those that are currently taking the Cornholio you should feel comfort in the fact that the head of Grain Procurement for China said that the USDA's latest numbers are an "insult" and that the USDA has now lost all credibility.....he said China will now only rely on private numbers going forward.
ReplyDeleteI see that the trend indicator is still in the bearish territory. Why?
ReplyDeleteI understand that trading is risky, but isn't this a great time to continue to accumulate silver?
This comment has been removed by the author.
ReplyDeleteNice attack on silver just after 3:00pm EST. SLW getting attacked all day, after a nice run over the last two sessions. Someone has been working hard to stop silver from breaking $37. Hopefully we can push through tomorrow.
ReplyDeletehttp://news.yahoo.com/blogs/lookout/family-fights-government-over-rare-double-eagle-gold-151853030.html
ReplyDelete@Ledbedder Just read it, makes my really fucking angry, really angry. Its starting!
ReplyDeleteSorry granny, you get a cut because J Dimond and L BlankCheck want another gold toilet in each of their bathrooms!
ReplyDeletehttp://news.yahoo.com/blogs/ticket/house-gop-leaders-meet-obama-debt-ceiling-155259483.html
Trading Of Over The Counter Gold And Silver To Be Illegal Beginning July 15
ReplyDeletehttp://articlesofinterest-kelley.blogspot.com/2011/06/july-15th-trading-of-over-counter-gold.html
@josh -old news buddy...old news.
ReplyDeleteFunniest thing I read all day, I'm gagging on my wine looking for the Grandfather clause for TBTF Banks - Idiots:
ReplyDeleteCFTC Expands Its Power to Pursue Fraud, Manipulation
Share
by Jamila Trindle:
WASHINGTON—Commodity regulators voted 5-0 to approve a rule that expands their ability to pursue fraud and manipulation in the derivatives markets they regulate.
“We will use these tools to be a more effective cop on the beat, to promote market integrity and to protect market participants,” CFTC Chairman Gary Gensler said.
With Thursday’s vote, the regulators will now only have to prove that a trader acted recklessly, instead of proving that the trader intended to manipulate a market. Regulators also no longer have to show that a trader’s actions actually had an effect on price, which was part of the previous standard for manipulation.
So you don't see silver getting to the black line, ie 1:1?
ReplyDeleteSGS i need your email. I need to send you something
ReplyDeletemrsilvergoldsilver@yahoo.com
ReplyDeleteKitco moves into creditor protection
ReplyDeletehttp://www.vancouversun.com/Kitco+moves+into+creditor+protection/5068303/story.html