Thursday, July 21, 2011

Updates on Silver/Schiff on NIA (I'm begining to agree with him, getting sick of their 15 emails a day prior to their new stock 'alert')

Okay. No fucking joke today was hot. In fact it was the hottest day in history here. It hit 49 Celsius with the humidex. For those of you that were unfortunately educated in a system that died 100 years ago, 49 is 120 F. Humid, not dry. I live in Canada.

Okay now that we got that under control, and maybe the Weather Unit could explain why, since his silver predictions are now in full retard after his frontal lobotomy, I want to caution traders here.

This debt ceiling thing is going to be a reason to slam the metals. But thats good, as gold needs to come down to its MA again, bounce, and onto $1700 we go.

I will be buying heavily, and I mean heavy on red days, as the upcoming months of September and October are going to be amazing.

Be back later, I'm going outside to enjoy history.

P.S. I am one step closer to finalizing if this blog will be turned into a full site blog with forums/chat/moderators etc. so we can start eliminating pests so to speak and concentrate in our tunnel vision as they say.

Posted by at

26 comments:

  1. MarkJuly 21, 2011 at 9:06 PM

    Thank you. How 'bout we begin moderating by drop-kicking WU in the nutz, then throw him to a bunch of angry lezbo's?...

    ReplyDelete
  2. MarkJuly 21, 2011 at 9:07 PM

    Or is "angry lezbo's" an oxymoron?...

    ReplyDelete
  3. MagnusJuly 21, 2011 at 9:12 PM

    49? Canada? This guy has to be a big, fat phony.

    ReplyDelete
  4. silvergoldsilverJuly 21, 2011 at 10:00 PM

    Marcus Click here...and then go kill yourself.

    ReplyDelete
  5. chap72July 21, 2011 at 10:07 PM

    Hi SGS,
    About the site: KISS would be my advice.
    Regarding S&G: Could they prepare to smack commodities in order to pave the way for a QE3 confirmation at Jackson Hole ? Is that a scenario that seems probable to you ? I'm absolutely convinced Gold and Silver will head much higher this Fall. Just looking for a good entry point.

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  6. ColinJuly 21, 2011 at 10:33 PM

    sgs,

    be curious to see you do a thread asking people to "guess" how much silver the comex actually has and gold ft knox owns ... I really have no idea, maybe you guys know better than i ... I would side with 10%

    ReplyDelete
  7. DonJuly 21, 2011 at 11:00 PM

    It was so hot today in Southern Ontario Canada, that the Refinery where I work told all Maintenance workers to stay home today. I spent the day in a pool drinking Corona's, the heat reminded me of Vegas in August. Look forward to buying some more silver in Sept/Oct.

    ReplyDelete
  8. agThugJuly 21, 2011 at 11:31 PM

    "Or is "angry lezbo's" an oxymoron?... "

    No it's not an oxymoron. It belongs in the department of redundancy department.

    ReplyDelete
  9. The Unfiltered EyeJuly 21, 2011 at 11:35 PM

    Magnus. You must be a skinny- shrivled little pud. All head no shaft. Keep searching for it and when you do........go kill yourself

    ReplyDelete
  10. SRSroccoJuly 22, 2011 at 1:15 AM

    Looks like David Morgan finally came clean on going public on the SLV manipulation. I gather his subscribers finally wore him down by thousands of emails that it was best to jion the bandwagon or risk losing subscribers.

    Also we have my buddy Jeff Christian stating on a mineweb podcast that the floor for gold will be $1000 for the next decade. This of course is some of his best forecasting work to date.

    Christian is such a Bear in. A Bull's skin it ain't even funny. The only investors who take his work serious are those who think owning 5 percent of their wealth in the GLD offers them plenty of insurance and protection. Basically the Dumb leading the Dumber.

    Good grief.

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  11. AnonymousJuly 22, 2011 at 1:18 AM

    I've got stink bids and fiat on standby, I hope the MAs are approached in the next month or so.

    Whether or not you turn this blog into a full-blown site or not, I hope you keep up the good work and continue to throw us bones SGS.

    Thanks for everything man!

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  12. SRSroccoJuly 22, 2011 at 1:19 AM

    You have to forgive the typos and spelling. I am sending thru my fricken blackberry.

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  13. IslandStyleJuly 22, 2011 at 1:50 AM

    @ Everyone.

    So, the PAGE opens Friday.

    What effect do you think this will have on PM's, and how fast will it take?

    Thanks,

    J

    ReplyDelete
  14. FuturisticEelJuly 22, 2011 at 2:16 AM

    I don't think the PAGE will do much other than offer liquidity and increase volatility. Even if there was zero manipulation in this market, there are still a bunch of traders and computers doing TA. I expect PAGE will just provide these guys with a better outlet to short rallies and buy dips. T

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  15. FuturisticEelJuly 22, 2011 at 2:22 AM

    Also, PAGE will probably keep volume at pretty consistent levels throughout the day. This allows for EE raids overnight without the lazy fuckwads over at the CFTC having to build a case for manipulation.

    ReplyDelete
  16. malcolmJuly 22, 2011 at 3:02 AM

    SRS,

    Get an iphone, then it will auto-correct for and no one will know WTF fuck you typing! LOL

    ReplyDelete
  17. LedbedderJuly 22, 2011 at 5:29 AM

    It is a shame about NIA. They make some great videos, giving good info. then do the solicitation thing. Had to laugh...I also get an email a day for about a week before their next big announcement. I looked up GRO. Had a high of $17 back in 2007. Now it sits at $1.17. I'll pass. Got filled on 3 of the 4 positions I posted. When war breaks out in the middle east (or should I say MORE war), I'm going to burn fiat to keep my house warm.

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  18. LedbedderJuly 22, 2011 at 5:42 AM

    @Malcolm: give me an update. How is that blue book treating you?

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  19. 999SilverDogJuly 22, 2011 at 8:04 AM

    ah bring on the new site asap SGS.

    So far today PM look very strong, I too was expecting a big hit.

    ReplyDelete
  20. acJuly 22, 2011 at 9:40 AM

    NIA's stock tip "GRO" IS UP 60% SINCE YESTERDAY. WHIH MEANS IF YOU COULD HAVE GOT IN EARLY THIS MORNING YOUR THAT MUCH BEHIND THE MARK ALREADY???? OR IT'S A VERY HOT STOCK!

    ReplyDelete
  21. acJuly 22, 2011 at 9:45 AM

    JUST TO BREAK EVEN I NEED THE STOCK TO GO UP MINIMUM .30 CENTS FROM HERE. THAT WOULD BE ALMOST A ($1) DOLLAR IN TOTAL, JUST TO BREAK EVEN.

    ReplyDelete
  22. silvergoldsilverJuly 22, 2011 at 9:54 AM

    up to $1.50 now. lol. Someone was selling 400K shares their, wonder who?

    ReplyDelete
  23. highrise408July 22, 2011 at 10:20 AM

    Fuck I love eBay sometimes.... nobody bidding into the early morning last night... I scored 18 oz Silver for $430.00!!!!!!!!!! Woooo Hooooo!!!!

    ReplyDelete
  24. MarkJuly 22, 2011 at 10:47 AM

    @highrise...thanks for the tip about e-pay. what type of silver did you get?...buillion, or other?...

    ReplyDelete
  25. highrise408July 22, 2011 at 4:48 PM

    @Mark... to me silver is silver is silver is money. I got 20 1947-1948 Mexican Silver 5 Pesos "Cuauhtemocs" ASW .8681/Troy OZ - More like 17.36 pure .999 - They are 90% Silver coins. But for $430.00, thats a profit of $250 just for the silver alone. Actual silver worth of the 20 coins is $696.00 @ $40/oz. Sometimes you get lucky.

    ReplyDelete
  26. MarkJuly 23, 2011 at 4:53 PM

    @highrise, i missed my lucky chance twenty years ago when i was travelling in guatemala. this old mayan lady approached me wanting to sell approx. 2-3 ounces of old silver coins. they had holes drilled in them and were on a cotton string. i passed on the offer...to this day still wish i hadn't!

    ReplyDelete

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