"The Decade of EPIC Begins"
ok so instead of buying one more silver eagle, i trucked down to Costco and snagged a 50lb bag of sugar. I feel better already :p
ZING!! Great chart.
So London is still on fire, and it seems to be spreading to other cities. The videos I've been seeing are THE BEST CASE I have ever seen for allowing your citizenry to be armed. I feel sorry for all these people, who are at the mercy of these out-of-control immigrants. Every news story I've seen indicates most of the rioters are "ethnic minorities." The locals don't even have hunting rifles or .22's. Hell, most of the police don't even have guns. How ridiculous.
Costco has bags of rice at the end cap aisle display-I bought several bags.
All I can say is in the short term this sucks big time.But the long term rubber band is becoming wound so tight!The concern/question is can this be manipulated indefinitely. The answer is no, but its probably affecting the emotional side of investors.
Can someone please tell me how to watch the Fed announcement live?
I long for the day when this whole bullshit scheme is said and done, and all those fucking bankers are put on trial at the Hague for crimes against humanity after which they strung up by their necks. Really how can this blatant manipulation just go on and on, it makes we want to puke!!!! But on the bright side it gives us more time to stack the phyzz. Like most of you I'm past being scared out of the market.
@Garry - I concur, there are only a couple of scenarios where the successful manipulation of paper Silver can continue .. o Industrial use comes to an abrupt end. o Huge reserves of physical are discovered.o There occurs a price disconnect between physical and paper (likely)
Thanks for the chart!
@Michael don't forget the pinto beans.
I wonder If cosco takes these crappy silver eagles for a bag of sugar... or Dunkin Donuts will let me buy out all of their coffee with maples. They will laugh in my face now, call me an idiot and ask for some Fiat. Don't lose Faith and don't be the Chocolate Bear with the pencil d!ck. Back when Phyzz was $18- 20 an ounce any one who bought metals was a fool. I say you can Call us names, sure you think I am a joke but who will be laughing when Ben shalom and the J.P. Morgue makes ur ass broke.
Looks as though Silver wants to go down...
@Islandstyle - live.cnn.com?
NO QE, no surprise
Ri-donk-u-lous~!I theorize that the constant manipulation is an attempt to shake the sheeple off of the "lousy investment", that is SILVER. Hard and vigorous butt reaming usually works, but I'm kinda getting used to it, I'm kinda liking my ornery stuborness. Look, Look at me, I'm still buying, and I will keep buying until there is nothing left to buy! May I have another, please?
Any forecasts on silver bottom? I'm locked and loaded, refuse to buy gold right now. More Silver she says.
@Rascal - !!!!
That chart is a huge, huge clue that we are on the right track. TPTB must be scared shitless - all this manipulation and our beloved phyzz is still almost $3 above JPM's share price.
I swear I am gonna start killing these people that manipulate silver. It should be closing in on $100. This is such a joke. It never ends.
Zero Hedge is off-line... what's going on with Beny and the QE3 Jets?
IslandStyle,I offer you a cup of rum and coke with no coke, and the cutest musubi you've ever seen in your life. Relax, brother. Today is not the day for our celebration mass.This only means our victory will be that much sweeter.And freakazoid, your mention of Judas and silver was brilliant. I will be dropping that fact on some bible thumpin' sheep.MEHHH.
No printing, platforms locked up as usual, Gold up like $500, silver still trying to get through $38 b/c some cocksucker is sitting on it.
You gotta remember the majority of traders are clueless price chasers. They see gold is going high while silver constantly ranges around so what do you expect is going in their price-chasing mind? Then you notice not only Morgue is sitting on it but also raised the margin 5 times while LOWERing the margin on gold once you know where the banksters want you to be in at this moment. So those who wanna gamble on quick bucks are in the gold market and thus the excitement. It's the patient strong hand believers that are left in the silver market quietly absorbing all the downward thrash from Morgue. It's the moment like this you have to if your strategy is of fast-profit gambling or sit-tight accumulate & hold.
@dasPro "There occurs a price disconnect between physical and paper (likely)"Well once the dealers start having 100% premiums over spot ( and people are willing to pay for it ), the paper market collapses!Anyway, if you look at the Gold/Silver ratio, it has gotten very silly in the past! Hopefully it does happen this time!
I slept with a kilo of AG under my pillow, but the AG fairy didn't sprinkle the world with $35/oz just yet.I will until she does cometh!“Patience and fortitude conquer all things” - Ralph Waldo Emerson
The gold vs platinum battle for top dog is quite fun, despite this silver sadness!
@Garry & other Gold/Silver ratio watching BMs..."4. Hang on to cash anticipating great bargains in a crisis. Remember gold went to $700 and silver to 880c. Gold/silver ratio went to 84, offering a great gold to silver swap. Not expecting those numbers again, but we might see the analogs." - Franklin Sanders at goldprice.orgGarry, what's your target ratio?I swapped AG into AU at 34:1. 50:1 sounds solid and like a blessing, but after watching the AG manipulation, is 60:1 too far-fetched? Mathematically, working with the numbers it does, but the EE likes doing ridiculous things.
$1,756.30. No Beny helicopters in the air? Sinclair has called for parabolic gold. Markets exploded, then fell off a cliff, and are now sky rocketing... second dead cat bounce? WTF? I'm glad I sold all my dog shit stocks back in April! This is enough for investors to eat vomit & shit bricks!Who care as long as silver falls off a cliff because there's no Ag left to buy in quantity. Big buyers are buying directly from the mines and the sluts hold 130,000,000 pairs of silver shorts!
Oh fuck, there goes the farm!
LOL!JPM & BAC got tough again and stood tall.Dunno how that works... :P
Here kitty, kitty.. .
@IslandStyleYour first comment above is irrelevant. ill-informed, and has no place here.The rioting and looting in the UK is not an ethnic minority or immigrant issue. Disenfranchised British youths from a range of ethnic backgrounds, creeds and colours with nothing much too lose are violently expressing their pent up anger against an economic system that they don't see working for them and a society that they believe doesn't care.We come here for original insights and opinions on silver and gold, and we love (or in SGS case: hate) everyone equally. No need to mis-inform or mis-represent to make a point.
@grt,I am with you completely that what we're seeing in London are misguided, uneducated, angry youths tearing up the city. There's two sides of the coin. The system doesn't work with them but at the same time, they've given up on themselves. That is exactly what the system wanted to have happened to the community.Now, you can go to several posts back where some SGS board members are being straight up racist. I am against that kind of hatred, and I will call it out.BUT.In terms of what IslandStyle said, I find what he said to be not wrong at all. I, too, am trying to preach to my friends with the London example that, this, is why we needa get strapped up.And unfortunately, the rioters are ethnic minorities. That's just the got damn truth.http://www.worldstarhiphop.com/videos/video.php?v=wshhUlS69qA0yBOBRv30Watch this West Indian lady call out her own people.For one... I hope it all stops, but with the PS3/XBOX generation, I doubt it will happen peacefully.
I hate to be the bearer of bad news, but the sun just farted an X7-class flare that if earth bound could have burnt the remaining hair off @Color's head. This is the biggest hot fart in solar cycle 24. The point is gents one of those X7s can easily taken down the internet/power grid/711 .... and more importantly your local Bullion Dealer indefinitely. Ewe might want to consider stocking up on phyzz just in case! http://spaceweather.com/ I don't want to scare anybody about the associated X-rays/UV & beta particals... dawn your aluminum hats and SPF 2,000 too!
PORK BELLIES Lewis - they will be the safe haven in times of trouble.