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$1,500

Tyler Durden's picture




 

Gold futures just passed $1,500. Silver touches $43.70. Nobody could have possibly seen this coming (certainly not the shorts). Time for CNBC to break out the "$1,500" hats.

 

 

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Tue, 04/19/2011 - 12:13 | 1184271 Ancona
Ancona's picture

Gold, silver, guns and food. It's coming......

Tue, 04/19/2011 - 12:16 | 1184301 Clueless Economist
Clueless Economist's picture

ammo is much more important to accumulate, once you have a few good guns

Tue, 04/19/2011 - 12:22 | 1184338 Ahmeexnal
Ahmeexnal's picture

Mad Max world, here we come.

$1500 sets off derivatives meltdown.

Tue, 04/19/2011 - 12:33 | 1184396 TruthInSunshine
TruthInSunshine's picture

And Fukushima Reactor Number 1 Meltdown:

http://www.fairewinds.com/

 

 

Ahhh, fun times, these...

Tue, 04/19/2011 - 12:35 | 1184430 dlmaniac
dlmaniac's picture

Plunge Enabling Team @ CRIMEX is coming outta the woodworks like crazy now. Gonna be a long drawn out fight around 1500 until they are exhausted and have to retreat to maybe 1650.

Tue, 04/19/2011 - 12:54 | 1184547 Snidley Whipsnae
Snidley Whipsnae's picture

I hope the flockers have to stay up 24 hrs/day to fight gold/silver... They are going to lose anyway but make the aholes suffer.

Tue, 04/19/2011 - 14:39 | 1185045 akak
akak's picture

Paging Nouriel "Count Chocula" Roubini, paging Nouriel Roubini --- reality has arrived and is waiting for you in the main lobby:

Nov. 4 (Bloomberg) -- Nouriel Roubini, the economist who predicted the global economic crisis, said a forecast by investor Jim Rogers that gold will double to at least $2,000 an ounce is “utter nonsense.”

 

“Maybe it will reach $1,100 or so but $1,500 or $2,000 is nonsense,” Roubini said. Gold rose to a record $1,098.50 today in New York on speculation that central banks and investors will purchase the metal to hedge against a declining dollar.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOfwpkHV2clM&pos=5

Tue, 04/19/2011 - 18:40 | 1185984 Bringin It
Bringin It's picture

Thanks for that Akak.  Roubini exposed as just another diversion.

Tue, 04/19/2011 - 20:10 | 1186290 Hephasteus
Hephasteus's picture

A rare godzilla free day.

This is not one of them.

Tue, 04/19/2011 - 12:52 | 1184553 DoChenRollingBearing
DoChenRollingBearing's picture

@ Ahmeexnal

Perhaps that's why gold just bounced down from $1500 a few minutes ago (say 12:50), the EE is fighting this with all they have.

I hope to see some Turd Ferguson comments as I read down thread.

I will break out my $1500 hat when it closes decisively above that number.

Tue, 04/19/2011 - 12:24 | 1184348 Long-John-Silver
Long-John-Silver's picture

Current lead prices here......

 

http://www.ammunitiontogo.com/index.php

Tue, 04/19/2011 - 12:30 | 1184393 LivermoreJim
LivermoreJim's picture

Speaking of a few good guns.  I just read where the ATF is considering "redefining" what is or isn't a sporting shotgun.  Naturally that means a considerable reduction in what we can or can't purchase.  I've been considering purchasing a good double and this is an incentive to push me forward.  I have a feeling the ATF will not consider an 18 inch double barrel shotgun a sporting weapon.

Tue, 04/19/2011 - 12:43 | 1184481 Hansel
Hansel's picture

They want to ban the Saiga 12.

Tue, 04/19/2011 - 12:48 | 1184502 Rodent Freikorps
Rodent Freikorps's picture

Just get an FFL.

Legally own a full automatic.

http://www.ehow.com/how_6742869_fully-automatic-gun-license.html

 

Tue, 04/19/2011 - 13:38 | 1184798 infotechsailor
infotechsailor's picture

the line between what is and what is not legal becomes very grey during times of disorder.

what is not grey is your name in a state and federal database.

Tue, 04/19/2011 - 14:28 | 1185001 Rodent Freikorps
Rodent Freikorps's picture

The Feds have been collecting data on all firearms purchases for a while now.

Tue, 04/19/2011 - 14:58 | 1185113 Hacked Economy
Hacked Economy's picture

Yup.  Here in CA, you have to register ALL firearms now, even shotguns and little .22 soda can plinkers.  The dealer is required to keep your name on record for a minimum of 25 years, and the CA DOJ is required to destroy their copies immediately after you pass the background check.

What?  You don't believe the DOJ will destroy such "valuable" information on your possessions once they have it?

Mwuuhahahaha...

Tue, 04/19/2011 - 13:45 | 1184821 -Michelle-
-Michelle-'s picture

No way.  You get an FFL and they can come in at any time, without notice, to inspect your guns.

Tue, 04/19/2011 - 18:22 | 1185944 hamurobby
hamurobby's picture

...and gone are the days of the $25 a year license fees for class 3.

Tue, 04/19/2011 - 12:48 | 1184510 Creed
Creed's picture

18" double barrel shotgun not a sporting weapon?

of course it is, no worries

 

 

 

what's on the chopping block are the Saiga magazine fed & Mossberg 500/ Rem 870 pumps

forget about anything drum fed

 

 

 

of course the 2nd amendment has nothing to do with hunting & everything to do with some .gov agency telling you what kind of firearm you can own

Tue, 04/19/2011 - 13:20 | 1184720 Head for the Hills
Head for the Hills's picture

Molon labe!

Tue, 04/19/2011 - 13:46 | 1184827 Agent P
Agent P's picture

If I take my 590a1 dove hunting will I get an exemption?

Tue, 04/19/2011 - 13:52 | 1184841 UninterestedObserver
UninterestedObserver's picture

Only if you use the bayonet

Tue, 04/19/2011 - 12:52 | 1184550 trav7777
trav7777's picture

ammo is much more important to accumulate, once you have a few good guns

why?  You can't carry it with you when the local nuke plant gets a tornado strike and their backup diesels don't work

Tue, 04/19/2011 - 12:55 | 1184571 DoChenRollingBearing
DoChenRollingBearing's picture

trav, if you have to flee a nuke plant disaster, you can always bring along a few clips of ammo for your gun.  You know, to help keep your gold a little safer.

Tue, 04/19/2011 - 13:04 | 1184628 stormsailor
stormsailor's picture

remember to save the last round for yourself.

Tue, 04/19/2011 - 13:57 | 1184861 DoChenRollingBearing
DoChenRollingBearing's picture

The Road...

Tue, 04/19/2011 - 15:00 | 1185121 tmosley
tmosley's picture

...will never happen.

Tue, 04/19/2011 - 13:21 | 1184711 UninterestedObserver
UninterestedObserver's picture

Why there is nothing to worry about when there is a nuclear disaster - you told us as much.

Tue, 04/19/2011 - 13:21 | 1184724 flattrader
flattrader's picture

But Trav, as you've told so many, many, many times, there's no need to worry about nuclear reactors. The safely scram and all is well.

What's going on in Japan is just hysteria on our part.

Tue, 04/19/2011 - 13:55 | 1184854 UninterestedObserver
UninterestedObserver's picture

Yup those saints/angels/paragons of truth over at Tepco said everything will be under control by October and everything is going to be A OK.

Tue, 04/19/2011 - 14:29 | 1185003 flattrader
Tue, 04/19/2011 - 12:49 | 1184517 deacon_blues
deacon_blues's picture

Don't forget water filters and vodka!

Tue, 04/19/2011 - 13:21 | 1184708 Turd Ferguson
Turd Ferguson's picture

Turd smiles.

2/3 of the way home.

Only $100 to go.

Tue, 04/19/2011 - 13:35 | 1184771 cowdiddly
cowdiddly's picture

+++9:1

Tue, 04/19/2011 - 13:35 | 1184778 cowdiddly
cowdiddly's picture

edit DP

Tue, 04/19/2011 - 13:39 | 1184802 redpill
redpill's picture

And what's $100 anymore, anyway?

Tue, 04/19/2011 - 15:13 | 1185169 ForWhomTheTollBuilds
ForWhomTheTollBuilds's picture

Doesn't matter.  That worthless sack of shit already got done smearing you for being wrong pre-emptively.  

 

Once you turn out right, he will be long gone with no accountability whatsoever.

 

Tue, 04/19/2011 - 21:03 | 1186425 StychoKiller
StychoKiller's picture

Is your call for $1600 for Toz.s or futures?

Tue, 04/19/2011 - 13:39 | 1184803 kentfinance
kentfinance's picture

15004, 73 times

Tue, 04/19/2011 - 14:06 | 1184894 BrobamaReds
BrobamaReds's picture

don't forget barbed wire, beeotch -

 

from cnbc - gold is up, what inflation?

Tue, 04/19/2011 - 15:19 | 1185184 Tail Dogging The Wag
Tail Dogging The Wag's picture

We just broke $44 /oz silver!

Tue, 04/19/2011 - 12:14 | 1184274 aVian
aVian's picture

you forgot BITCHEZ in your title  chuckle

Tue, 04/19/2011 - 12:12 | 1184278 slaughterer
slaughterer's picture

$1500 will be a tough fight between the gold bugs and the Cartel.   Unless the Cartel is now a gold bug.

Tue, 04/19/2011 - 12:18 | 1184300 tekhneek
tekhneek's picture

How? They print it. All they're doing now is dumping USD denominated paper shorts on the COMEX to suppress the price, unfortunatey China's buying that dip with their own currrency and ours as they continue to rid themselves of our worthless paper.

The bears already said it.

Tue, 04/19/2011 - 12:20 | 1184325 SheepDog-One
SheepDog-One's picture

Hell yea.

Tue, 04/19/2011 - 12:30 | 1184389 disabledvet
disabledvet's picture

again, "you forgot ARF! ARF!"

Tue, 04/19/2011 - 12:19 | 1184319 Arius
Arius's picture

now you know....

Tue, 04/19/2011 - 12:56 | 1184558 Snidley Whipsnae
Snidley Whipsnae's picture

We owe China a big thank you for raising and maintaining the floor under PMs... thanks China, India, SE Asia, Mid East and all others who are helping. My hat is off to you...oh, where is my hat?

Tue, 04/19/2011 - 13:14 | 1184679 RichardENixon
RichardENixon's picture

Pull one of your "Dow 10,000" hats out of the closet. Folks may be doing a lot of that soon.

Tue, 04/19/2011 - 13:31 | 1184769 gametracker
gametracker's picture

we owe politicians and bankers an even bigger thank you for putting the floor under the pm's. who the hell wants to be part of the fraud and corruption called the Fed Res Note?

Tue, 04/19/2011 - 14:44 | 1185056 IQ 145
IQ 145's picture

 Yeah, that's right. Thanks China! It's been great; hope it was good for you too !

Tue, 04/19/2011 - 12:12 | 1184282 Long-John-Silver
Long-John-Silver's picture

WooHoo! Thanks for that latest TV episode of "Idiot in Chief"

Tue, 04/19/2011 - 12:13 | 1184283 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

I remember the DOW 10,000 hat and that didn't end up fitting too nicely in the end.

Tue, 04/19/2011 - 12:25 | 1184332 Pool Shark
Pool Shark's picture

 

The DOW 10,000 hat has become one of the most frequently worn accessories among the Wall Street crowd for over a decade.

Hopefully the GOLD 1,500 hat will be a one-time novelty...

 

Tue, 04/19/2011 - 12:15 | 1184286 aVian
aVian's picture

have you folks noticed that Platinum and Paladium are off and AU and AG are up?

Tue, 04/19/2011 - 12:17 | 1184311 Long-John-Silver
Long-John-Silver's picture

They are industrial metals. Industry is collapsing along with all the worlds fiat currencies.

Tue, 04/19/2011 - 12:40 | 1184464 Sudden Debt
Sudden Debt's picture

True, platinum is mostly used in catalysts for cars.

Tue, 04/19/2011 - 12:59 | 1184584 DoChenRollingBearing
DoChenRollingBearing's picture

+ $1700 and change.

I read that yesterday as well.

Tue, 04/19/2011 - 14:54 | 1185098 sun tzu
sun tzu's picture

I noticed that too. Will gold end up costing more than platinum? 

Tue, 04/19/2011 - 12:13 | 1184287 tekhneek
tekhneek's picture

Silver. Dirty little slut. Dirty little fucking slut. Oh yeah you like that don't you? You expensive little fucking harlet. You brazen fuckin' hussie.

Tue, 04/19/2011 - 12:19 | 1184302 Spitzer
Spitzer's picture

Silver is the old "easy money". Gold is the real thing.

No central bank has ever hoarded silver.

Tue, 04/19/2011 - 12:22 | 1184322 tekhneek
tekhneek's picture

I'm going to keep hoarding silver.

Thanks.

 

Tue, 04/19/2011 - 12:29 | 1184379 LFMayor
LFMayor's picture

I'm sticking with pinto beans, rice, and 7.62.  All will be well.

Tue, 04/19/2011 - 12:54 | 1184552 Fish Gone Bad
Fish Gone Bad's picture

I was kicking around some old mining sites and noticed a preponderance of rusty old condensed milk cans among the trash heap.  I am thinking that non radioactive milk products might be nice to store up on as well.

Tue, 04/19/2011 - 15:22 | 1185203 pops
pops's picture

Condensed milk won't keep long.  After about six months, the can swells and leaks.  When you puncture it, a brown worm escapes about 6 feet into the air and tells you there's nothing edible in that can.

Tue, 04/19/2011 - 12:53 | 1184557 deacon_blues
deacon_blues's picture

Poor man's hedge:  1946-2011 Nickel Melt value: 6.7 cents.

Tue, 04/19/2011 - 13:17 | 1184703 cxl9
cxl9's picture

Agreed. The problem, of course, is transportation and storage costs.

Tue, 04/19/2011 - 12:59 | 1184582 Snidley Whipsnae
Snidley Whipsnae's picture

I see all the beans, rice, ammo and raise you 4 pair of Red Wing boots and 2 dozen Levis plus enough meds to treat an army division.

Don't forget to stock sulfa powder, bandages, needles and thread, splint material, pain killers, etc.

Tue, 04/19/2011 - 12:59 | 1184598 DoChenRollingBearing
DoChenRollingBearing's picture

+++

Good advice there tough guy!

Tue, 04/19/2011 - 13:18 | 1184693 Chuck Walla
Chuck Walla's picture

I'm cornering the market on "Quik-Clot" then I'm gonna wound all the neighbors and charge them up the wazoo to stop the bleeding!

Tue, 04/19/2011 - 14:47 | 1185078 IQ 145
IQ 145's picture

 An "organized" Psycopath; my kinda guy.

Tue, 04/19/2011 - 15:51 | 1185243 pops
pops's picture

Toilet paper and soap will make your better half much more amenable to the hardship.  And a few bags of feed corn, some sugar, yeast and a still will allow you to make your own "silver."  Very handy stuff.  You can drink it, burn it or disinfect with it....or barter with it.  Think how many alcoholic Bubbas there are....a growth industry for the home distiller.

Tue, 04/19/2011 - 13:12 | 1184665 j0nx
j0nx's picture

I went with dry navy beans, rice and 9mm/22LR myself but to each his own.

Tue, 04/19/2011 - 12:49 | 1184427 cowdiddly
cowdiddly's picture

Tru dat. Im closing fast on enough to pay my Mortgage completely off. Then its pound sand fiat Banker scum. Keep STACKIN BABY.

Tue, 04/19/2011 - 12:53 | 1184555 Spitzer
Spitzer's picture

Have at er, Im just saying when the real collapse happens, gold outruns silver

Tue, 04/19/2011 - 13:02 | 1184608 DoChenRollingBearing
DoChenRollingBearing's picture

With the GSR at 34.5 or so I have to agree.

Gold is on sale vs. silver!

Tue, 04/19/2011 - 13:47 | 1184836 SPONGE
SPONGE's picture

Not yet. I'm waiting for a ratio of 20 to convert.

Tue, 04/19/2011 - 13:59 | 1184879 DoChenRollingBearing
DoChenRollingBearing's picture

You may be right!  But, since coming down from 80 or so, the GSR is practically begging me to switch at least some of my silver to gold.  This can be done in stages.

Disclosure: My silver holdings are not much vs. my gold, small change really.

Tue, 04/19/2011 - 15:48 | 1185383 Thadeous
Thadeous's picture

I was thinking the same thing last week and just made a partial switch.

Tue, 04/19/2011 - 14:45 | 1185066 IQ 145
IQ 145's picture

 Yes. that's the right answer; The Bank of England "hoarded" a shit-load, (approximately), of silver for a long time, specifically because of it's role as "good money".

Tue, 04/19/2011 - 14:47 | 1185067 IQ 145
IQ 145's picture

 Yes. that's the right answer; The Bank of England "hoarded" a shit-load, (approximately), of silver for a long time, specifically because of it's role as "good money".

Tue, 04/19/2011 - 12:27 | 1184356 Ahmeexnal
Ahmeexnal's picture

But central banks hoard fiat shit.

Your argument is flawed.

 

and...most central banks aren't hoarding "the real thing". They are hoarding tungsten!

Tue, 04/19/2011 - 12:34 | 1184403 citizen2084
citizen2084's picture

I have 10oz silver bars stamped "US strategic Stockpile".

would those have been stored by CBank or treasuary?

thx

Tue, 04/19/2011 - 12:53 | 1184450 cowdiddly
cowdiddly's picture

No, I think those were minted some years back in San Fran I think out of the original silver that was stored as a stratigic stockpile. The company minted the bars out of this silver when it was sold. I bet they wish they had that stockpile back. Stupid idiots sold our strategic reserves and now even the US Mint has to buy silver on the open market and all the silver is flowing to Chinese hands just like the Opium Wars. Never underestimate the Value of an Ivy Leage education.LOL

Tue, 04/19/2011 - 13:00 | 1184592 Fish Gone Bad
Fish Gone Bad's picture

Ah the Opium Wars.  If I had to guess, I would think with the US growing a mountain of opium poppies in Afghanistan, that another opium war was on the horizon.

Tue, 04/19/2011 - 13:04 | 1184616 cowdiddly
cowdiddly's picture

Ha, you may be right. Gonna have to get a billion Chinamen mighty stoned to ever want to unass off his stack. To funny.

Tue, 04/19/2011 - 12:56 | 1184575 HoofHearted
HoofHearted's picture

I have a couple of one ounce coins out of the strategic stockpile. That used to be held in order to make coinage. Now they just use whatever crap they have around to make the coins. Today's coins feel more and more like toys when you actually hold a Morgan dollar or a Barber half...

Tue, 04/19/2011 - 13:35 | 1184773 TheDriver
TheDriver's picture

I often give Morgans to my kids. Even my four year old has commented on the difference in weight. My other child recently noticed that old money was ornamented by ideals, namely Liberty, whereas new money hosts pictures of dead men. We're a long way from the past, my friends.

Tue, 04/19/2011 - 12:37 | 1184441 repete
repete's picture

Judas turned Jesus in for what?  30 pieces of Silver! (about $1300 us)

Tue, 04/19/2011 - 12:40 | 1184459 Bubbles...bubbl...
Bubbles...bubbles everywhere's picture

In some parts of the world you put a price on somebody's head for $50; $500 if you want a professional. I guess Judas was a high flying traitor.

Tue, 04/19/2011 - 13:09 | 1184656 repete
repete's picture

Dieties are just a touch higher.

Tue, 04/19/2011 - 13:31 | 1184734 Temporalist
Temporalist's picture

It wasn't ounces of silver it was pieces - I'd guess dime sized or smaller maybe 1/20 oz.

 

I've read 8 grams to the silver half sheckle or about .3 ounces.  Or a silver piece was 30 denaris, which were 1/10 ounce, again the .3 ounces.  Some have said it's more like .25 but still it wasn't full ounces.

Tue, 04/19/2011 - 14:43 | 1185059 akak
akak's picture

Judas' coins were most likely Tyrian tetradrachmas --- roughly a quarter of an ounce of silver apiece.

Tue, 04/19/2011 - 14:09 | 1184923 Badabing
Badabing's picture

And after it was all over the temple priests took the30 coins and bought a field in the city for burying poor people. If it was a first year shekel it was 22 grams about 2/3 oz total about 20.5 oz troy or $881.00 today. Try to buy a piece of property in a big city today for under $1000

Tue, 04/19/2011 - 14:36 | 1185031 SilverRhino
SilverRhino's picture

I wrote a small FB note on this once ...

  • 30 silver shekels (Judas' 30 pieces of silver) were equal to 120 silver denarii (also 120 silver drachma) [Mat17:24].
  • 120 silver denarii (4.5gr silver late Roman Republic) was roughly equal to 120 days pay for a legionnaire [Matt20:9-10]
  • 1 silver denarii was roughly $21 in 2005 dollars for bread purchasing.  (about 20 loaves)
  • So Jesus was betrayed for less than 3 grand ($2520).   Judas worked cheap
  •  

    Tue, 04/19/2011 - 20:13 | 1186306 Hephasteus
    Hephasteus's picture

    They used to make it a moral obligation to pay ever single person who participated in law enforcement.

    Now the government crams 1000 regulations and license fees and crap down a persons throat and pays them in duty and honor and appreciation all unexpressed.

    Tue, 04/19/2011 - 12:45 | 1184500 tmosley
    tmosley's picture

    Maybe not, but national treasuries did.

    Central banks don't get to dictate what is money.

    Tue, 04/19/2011 - 12:58 | 1184588 BigJim
    BigJim's picture

    Central banks don't get to dictate what is money.

    The bastards at the Fed seem to be doing a pretty good job at telling us what we have to use as money (sadly)

    Tue, 04/19/2011 - 13:08 | 1184636 tmosley
    tmosley's picture

    Currency and money are different, happily.

    Tue, 04/19/2011 - 15:32 | 1185280 BigJim
    BigJim's picture

    No argument with you there... but as it stands, central banks do have the ability to dictate what we use as money... fiat confetti.

    At least, in the short term...

    Tue, 04/19/2011 - 12:56 | 1184565 BigJim
    BigJim's picture

    "no central bank ever hoarded silver" is only true if you define "central bank" as... well, a central bank. ie, the modern, fiat issuing, fractional-reserve supporting centre of financial blood-sucking that banking has become.

    However, kingdoms' and principalities' and empires' and countries' treasuries have hoarded silver throughout the ages. It was the chief monetary metal of China for most of the Middle Kingdom's existence.... the pound Sterling was named that for a reason... and the US Dollar was backed by silver until 1873.

    Given Silver's long historical valuation of roughly 1/15 the price of gold (which corresponds to their respective proportions in the Earth's crust), and its current valuation of roughly 1/34, I'd say silver is a pretty good bet right now.

    Tue, 04/19/2011 - 13:24 | 1184725 Temporalist
    Temporalist's picture

    Fort Knox used to hold $3 Billion ounces of silver.  Now?  Zilch.

    Tue, 04/19/2011 - 14:58 | 1185104 Bagbalm
    Bagbalm's picture

    You are obviously no student of history.

    Tue, 04/19/2011 - 12:20 | 1184326 Abitdodgie
    Abitdodgie's picture

    I like it i like it a lot.

    Tue, 04/19/2011 - 12:29 | 1184375 oklaboy
    oklaboy's picture

    I a starting to like it, smak me again, and again

    Tue, 04/19/2011 - 12:33 | 1184415 disabledvet
    disabledvet's picture

    i do.  say it more slowly next time.

    Tue, 04/19/2011 - 12:37 | 1184442 Bubbles...bubbl...
    Bubbles...bubbles everywhere's picture

    LOL...thank you, you made laugh.

    Tue, 04/19/2011 - 13:55 | 1184865 Arkadaba
    Arkadaba's picture

    lol

    Tue, 04/19/2011 - 12:16 | 1184290 gordengeko
    gordengeko's picture

    Time to break out the industrial grade aluminum for the new hat!  Yippay

    Tue, 04/19/2011 - 12:21 | 1184328 SheepDog-One
    SheepDog-One's picture

    I go with the institutional Reynolds, the real thick stuff.

    Tue, 04/19/2011 - 12:29 | 1184381 gordengeko
    gordengeko's picture

    I've actually made a faraday shield for my credit union cards and licenses.  They can actually scan your cards without you knowing and take your info.  Same thing with the gooberment and state issued ID's, they can just walk through a crowd and collect data from everyone's ID's to find out who is there.  Not with aluminum baby, I block your shit!  Works with cell phones too, just can't receive transmissions when incased.

    Tue, 04/19/2011 - 12:34 | 1184400 SheepDog-One
    SheepDog-One's picture

    Yep! I dont scrimp and cut corners on MY aluminum foil, its the thickest, cant hardly even tear it just short of needing metal shears.

    Tue, 04/19/2011 - 12:50 | 1184538 tamboo
    tamboo's picture

    roofing aluminum ftw.

    Tue, 04/19/2011 - 12:58 | 1184567 gordengeko
    gordengeko's picture

    I invisible like ninja who works for the phoenix foundation in sheeple suit.

    Tue, 04/19/2011 - 13:07 | 1184625 gordengeko
    gordengeko's picture

    Thats the one located in LA not the rock band or the libertarian organization. Thought I should clarify that.lol

    Tue, 04/19/2011 - 12:16 | 1184292 Troublehoff
    Troublehoff's picture

    Definitely warrants a..

    Gold, Bitches!

    Tue, 04/19/2011 - 12:15 | 1184294 MrPerspective
    MrPerspective's picture

    Keep it coming, I say. My hope was when we hit 1500 we wouldn't see massive selling. Fingers crossed that it stays up, especially with the dollar lower again. Been holding a long, long time.

    Tue, 04/19/2011 - 12:17 | 1184295 LRC Fan
    LRC Fan's picture

    Is it safe for us to eat it yet?

    Tue, 04/19/2011 - 13:00 | 1184590 HoofHearted
    HoofHearted's picture

    + $1500 per ounce

    Tue, 04/19/2011 - 12:15 | 1184298 fuu
    fuu's picture

    JPM $44.14/share

    Silver $33.80/oz

     

    $0.34 till parity bitches. Short that Blythe.

    Tue, 04/19/2011 - 12:20 | 1184313 Clueless Economist
    Clueless Economist's picture

    $33.80 WTF it dropped $10?? Where can I get some at $33.80...oops I forgot that I am CAPTAIN KEYNESIAN

    Tue, 04/19/2011 - 12:24 | 1184323 Long-John-Silver
    Long-John-Silver's picture

    Silver is moving so fast....... It can be difficult to keep up.

    Tue, 04/19/2011 - 12:21 | 1184333 fuu
    fuu's picture

    I was trying to fix the farking typo.

     

    $43.80 Silver

    Tue, 04/19/2011 - 12:28 | 1184373 Pool Shark
    Pool Shark's picture

     

    The "edit" function,

    Learn it, live it, love it...

     

    Tue, 04/19/2011 - 12:36 | 1184434 fuu
    fuu's picture

    Too bad you can not edit once someone replies.

    Tue, 04/19/2011 - 13:11 | 1184673 doggings
    doggings's picture

    no its not that's a fckin nightmare, everyone editing after the fact, threads end up making no sense at all. 

     

    not just stupid metal'troll nonsense, but like even more gibberish than that.

    Tue, 04/19/2011 - 12:17 | 1184304 Arius
    Arius's picture

    $1500 hats...now that would be a double Stunner..

    Tue, 04/19/2011 - 12:32 | 1184409 spiral_eyes
    spiral_eyes's picture

    hyperinflation, bitchez

    Tue, 04/19/2011 - 12:19 | 1184305 Sutton
    Sutton's picture

    GO Longhorns!

    Tue, 04/19/2011 - 12:32 | 1184392 Rodent Freikorps
    Rodent Freikorps's picture

    Texas Fans Sing Eyes of Texas Are Upon You

    http://www.youtube.com/watch?v=Uz5ymPmhu6s&feature=related

     

    Tue, 04/19/2011 - 14:04 | 1184648 DoChenRollingBearing
    DoChenRollingBearing's picture

    Sutton, Rodent,

    I just sent an email to the Treasurer of the university I went to asking her to do what UT just did: buy physical gold!  Below link is to an article earlier today asking us to write our universities to what Texas did.

    http://www.zerohedge.com/article/help-break-bankers-price-suppression-schemes-against-gold-silver

    Tue, 04/19/2011 - 12:18 | 1184312 moofph
    moofph's picture

    ..."Time for CNBC to break out the "$1,500" hats."

    there should be some dow 15,000 lying around collecting dust. just get a marker and make a few changes...we are in a depression.

    how about we borrow them, cross out the d, and mark in "wow 15,000!" for the gold bugs.

    Tue, 04/19/2011 - 12:18 | 1184314 JJ McApe
    JJ McApe's picture

    the only thing i see is a devaluation in your dollarz.

    1,500 or 2,500 who cares. take your dollar confetti and burn it.

     

     

    Tue, 04/19/2011 - 12:32 | 1184387 SheepDog-One
    SheepDog-One's picture

    Right! AND may as well also burn all that is simply a derivative of worthless paper dollars, stocks bonds all of it.

    Tue, 04/19/2011 - 12:38 | 1184448 disabledvet
    disabledvet's picture

    i might only be trying to get rich but burning money just ain't my style.  something about a song called "Smashing perfectly good guitars."

    Tue, 04/19/2011 - 13:01 | 1184611 BigJim
    BigJim's picture

    Hiatt's the man.

    Tue, 04/19/2011 - 12:21 | 1184316 Spitzer
    Spitzer's picture

    And the fucking large cap mining stocks keep grinding lower. Kinross gold is hitting 3 year lows(not including 08)

    This is bullshit.

    I have lots of bullion but still.....

    Tue, 04/19/2011 - 12:21 | 1184331 Long-John-Silver
    Long-John-Silver's picture

    All the mines in Central and South America are being nationalized. Mining stocks go to zero when that happens.

    Tue, 04/19/2011 - 12:56 | 1184576 Spitzer
    Spitzer's picture

    Not so fast

     

    South America made those socialist mistakes before, they know the results are not good.

    Tue, 04/19/2011 - 13:11 | 1184675 DoChenRollingBearing
    DoChenRollingBearing's picture

    Socialist president of Bolivia (Evo Morales) is talking tough about nationalizing all the mines there.

    "Three gets you five" Ollanta Humala would join that parade (Peru's Chavez clone) if he wins the Peruvian presidential election on June 6.

    I have always been very open about being a big fan of Peru (and gold), but prudence forces me to turn on a RED LIGHT re investing in Peru until we see what happens after their election.

    Tue, 04/19/2011 - 21:41 | 1186491 sun tzu
    sun tzu's picture

    We saw what happened to the USSR but we are becoming the USSA

    Tue, 04/19/2011 - 13:02 | 1184617 geminiRX
    geminiRX's picture

    I share your sentiment on Kinross. I have been actively buying it every time it goes below 15 dollars. Even bought some today. It is a solid corporation with very low debt and high reserves and the 5th largest miner. I think it is a screaming buy at these valuations. I think it gets hammered by technical traders/bots. I would like to think that a sharp reversal for this stock is very overdue.

    Tue, 04/19/2011 - 12:21 | 1184317 morph
    morph's picture

    First to 36,000. DOW or GOLD?

    Tue, 04/19/2011 - 12:28 | 1184363 Long-John-Silver
    Long-John-Silver's picture

    Silver

    Tue, 04/19/2011 - 12:45 | 1184492 Sudden Debt
    Sudden Debt's picture

    Bingo!

    Tue, 04/19/2011 - 12:45 | 1184493 Sudden Debt
    Sudden Debt's picture

    Bingo!

    Tue, 04/19/2011 - 12:19 | 1184318 Hook Line and S...
    Hook Line and Sphincter's picture

    My God, my colostomy bag just burst in the excitement.

    Tue, 04/19/2011 - 12:54 | 1184564 Vergeltung
    Vergeltung's picture

    thanks for the "lol"

     

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