"The Decade of EPIC Begins"
no more than 4 mintues after this was done silver gets smoked. Nice.
you can feel the quake here in NYC SGS. people might be a little twitched.
Great call in bears vid 7 about JPM swallowing BAC.JPM-BAC
So when an earthquake hits manhatten its auto sell PM's and buy bank stocks? look up the ticker HAARP.
Lets see if Silver bounces at $41.50US (support from Aug.19)
felix: that was the level that Turd described as an excellent buying opp last night. Looks like it is holding so far.
Historically August was supposed to be a losing month. I am using this opportunity to buy 20+ silver eagles or maple leaves.
@Solid - "that was the level that Turd described as an excellent buying opp last night."hmmmmm....
How is the DJIA up more than 300 points?!??! WTF?!?!?!?!?
@solidI think you meant Turk?
@ledbedder - Yo! You da wiz on gap filling? (sorry for the nonsense, just trying to be clever). Would you say that we have fill the Silver gap from the weekend @ $4.5US and we are on our way back up?
@islandstyle"Wall St jumps on Fed speculation"people are morons.
Zoul: No, I meant Turd: http://www.tfmetalsreport.com/sites/default/files/users/u2/8-22amsilvh.jpgIslandStyle: Ridiculous isn't it. I don't believe it's a coincidence this happens on the same day that metals get twatted. CNBC have a segment on later entitled "Is the Gold Run Over?". All coordinated from the top.
when is the last time gold went up 3.66%??? just sayin..
If people honestly believe the FED is gonna QE3 the shit outta this market, then how the shit can gold and silver get smacked this hard? This is the gayest thing I have ever seen. SGS, I'm gonna kill somebody. Talk me off the ledge buddy.
@unthought known,it takes 3.5 days, lolIslandStyle, hold your fire, wait until Friday!
hate to say it but this is the best thing that could happen for this bull market..gold takes the stairs up and the elevator down... this will shake out all the weak hands and speculators.. just curious what the new bottom will be??
@MalcolmRoger that, standing down ;)
ok, gents what the consensus? We have PM expiration and the Bernakster this week, we've a a pretty good put down today, I'm expecting a complete reversal tomorrow. You see what I think is going on is they pump the market up, take PM's down, though gold was over bought, then once the sheeple are back in the market, slam! Reversal.any opinions?
malc: there is 15 min to go, lots of time for another $1 move down!
Thanks your justice precaution warning and distributed by through the two bear talking clips vedio in Youtube. Help me to escape from danger and lead me to here. Save my ownings, my wealthy.This is my savings, why the people behind want to rob the wealthy from the poor people just like me.
have a gander at this:http://www.etf-corner.com/markets/
Thanks for host, please keep doing this to info us. Thanks a lot
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another interesting article.http://www.etf-corner.com/markets/gld/page/2/
@malcolmI agree. This is just a set up. Certainly, it could go up again tomorrow too. You see, we have to start thinking like these piece of shit banksters. 1. Have the markets go up slightly for a few days or trade sideways just before the Jackson Hole meeting.2. Have the dolts on CNBC declare the worst looks to be over. The markets are building a base to launch from.3. Have Peter Schiff on on CNBC or Fox Business tell everyone the worst is yet to come. Have the host and some fucktard (term coined by SGS) say he's always singing the same tune and that even a broken clock is right twice per day. The fucktard says the markets will continue to go higher, that this was just a correction and it's over.4. Markets trade sideways or slightly higher going into Friday.5. Bernanke announces Friday afternoon at Jackson Hole that he doesn't believe QE3 is necessary.6. Markets shit themselves the last hour of trading on Friday and continue hemmoraging into next week. This is just my opinion. I wouldn't take it as gospel. I've observed this scenario on more than a few occasions. Not exactly as I posted, but I think you get the picture.
Bernanke doing QE3 wouldn't make gold and silver worth any less. People are dumb. I never invest on hopes and dreams. These are the same people that think Pandora is big money and value it more than companies that actually make money.
Well said Adam! Word up home-skillet.
silver going to 11 bucks...at least according to this guy http://www.minyanville.com/businessmarkets/articles/silver-silver-indicator-silver-purchasing-power/8/23/2011/id/36514?camp=syndication&medium=portals&from=yahoo
11 bucks, is not even accounting for inflation which is ~130 $
SGS,I liked the bit about PM's being 5k years old. It's closer to 5 billion since they were created in the supernova that became our solar system. So they are just a tad more reliable than say fiat currency, that will be lucky to last the next decade.Anyway, thanks for the work you do on this site, it was instrumental in helping my wife and I get theee heck out our 401k and into something the universe affirms! I am sure my kids will be thanking you too, in about 2 decades, since they basically take anything that Dora the Explorer as gospel right now. But she's got more sense than than the Bernank, right? Moving the common man into PM's is as humanitarian as shipping rice to Somollia, since we will be able to buy the stuff when it costs $50k an lb.Thanks again and keep up the good work! Some of us idiots are listening!
@IslandStyle and malcolm...Word!
I was thinking same thing Adam. I pray pray pray they pump this thing up 3 more days and I will grab some cheap SQQQ calls come Friday.
@unthought known...Here's the comment I tried to post on that site. Unfortunately, I don't have an account and don't feel like creating one because I already get enough email. This is what I tried to post:I agree with all the folks who disagree with this article. However, one thing you didn't directly mention was that a housing bubble was created by pumping fiat money into housing and real estate, while at the same time expanding credit designed to inflate the bubble even more. This was obviously unsustainable and we all saw the result.Can you imagine if the Fed threw that kind of money at the precious metals (gold and silver) market? I can't imagine how high silver and gold would be in terms of fiat money. Think about what the price of gold and silver were back in 2000. Now think about what the precious metals market would have looked like had expansion of fiat money and credit was aimed at silver (and gold).That's just one simple example. There is more to the story including the manipulation of silver by JP Morgan and HSBC. There's just too much complexity to write about. But the people who already know this understand what I'm talking about.
Adam: fucktard has been around for years (at least here in the UK it has). fuckswan, fuckturtle and fucksquibble are however all SGS originals, and we love him for them.
There's a connection between the hurricane aiming at the east coast and the earthquake in Virginia and it's called H.A.A.R.P or High Frequency Active Auroral Research Program. Seems like Friday is going to be a big Big day!
Mr. SGS, what do you use for a trading platform?? That thing looks pretty baller but despite my best efforts have not been able to find it online. Anyone else know?
@felix: remember, I use futures for my predictions. I looked at SLV, is that what you're referring to? All my prediction from here until, probably beginning of Nov. will be on SIZ11. This stock market "rally" is a GIFT!! I'll be using ESZ11 when these idiots are done pushing it up & for it to violate this months low. I already have half a chub just thinking about it.
@felix: now I understand what you were asking . You post from 3:16 PM $4.5 Pretty sure you meant $41.50. Looking at SIZ11 $41.65 has 2 hits, so, that may hold, if it doesn't, it is going to $41.25 +/- And the way it looks, could be the same day. Blythe is busting my nuts trying to show what she is going to do next, but I'm not backing down!!
geololgyguy: Axis pro.
You know what, if gold can re-rally through these margin hikes and hang through Friday then I think we are leading into full blown crisis territory - time to sell those bonds and get me some gold !
i think the begginners section will really help alot of the noobs.... like me :D