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And Now For Today's Mini Silver Flash Crash: Same Time, Same Place
Just like yesterday and the day before, 6:30pm is now the official precious metal "bang the afterhours" launch time. As we predicted minutes ago, silver just got taken to the cleaners on what is now an apparent attempt to push silver around in the no volume part of after hours trading, in the 6-7 pm no man's land. We expect an imminent rebound after this latest attempt to trigger stop losses, probably those around $40, fails. If it succeeds in pushing silver below $40 it is very possible that the metal can promptly trade down to the mid $30s as a result. And while banging the close has been investigated by the CFTC for years (resulting in some modest smacks on the wrist recently for the ex-Moore trader who did this with impunity), we are confident it won't be before 2015 that the CFTC's commissioners investigate this particularly odd behavior in silver and gold. By then it, of course, won't matter.
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Fuck you Timmy and Blow job Benny,you's Sachs of shit.
Have fun with that Exchange Stabilization Fund,are we....
It is like it was like about two and three weeks ago, only now its opposite!
SPALDING,likes it up the ass,balls deep....
So..just took a look at FinViz Futures Map and it's a bit unusual to say the least. Only TWO green Contracts in trading on the overnite right now. OJ and World Sugar. Across the board all others are either flat or off. Silver taking the brunt of the push. Tyler has a point...this is an outright assault by a very stubborn group of assholes blindsiding the crap out of PM offhours because they need safe harbor Commodities out of the scene. I suspect the real fear crawling up the Fed's ass is not directly PM..it is actually the China flight from Long Term Bonds and USD, because the Chinese and everyone else are looking for somewhere to dump the shit... Pronto. The Fed is scared, because we're in a fucked up mess and they are trying to head off any escape EXCEPT to perceived "safe" USD, LongTBonds, or perhaps Softs or Ags (no pun intended such as in the case of Sugar, not cases of Pepsi). Creating Perception of PM being "too volitile" and "crashing" is being generated for reasons all too obvious. Bernankster and company are about to get stuffed down a well, and unless they can head off the herd from leaving USD/Bonds in mass, which is near sure to happen at 68, they're toast. How long can the fuckers hide with a NEW Continental Congress established when we finally rise up and do our duty as Americans? The inflation we are going to see IS going to cause a Revolution, because We The People will have no other recourse. Remember we as citizens are obligated to re-establish the Congress, and the Executive as well, if threatened by our own Government..it being so oppresive as to take away the very Freedoms so many have died to defend! They'd all be tried for High Treason in that event, and deserve it too! If they fail at this last gasp, and I believe they will, we're in for a seriously ugly Summer/Autumn folks. The path to make IMF SDR notes backed by PM the replacement for USD in World Trade will be a shoe in. Everything Fiat may as well be Charmin in which case we'll all be wiping our asses as Dollar Bears with Benjamins! PM will leave the launching pad and along with them..anything else of use in hard times.
I think its time to let it go, the silver topic. All these zillion details are meaningless. For 1 year. Focus on gold until 50/60:1 ratio is restored. Then it will enter bubble territory as ratio goes over 60. Buy silver at 30, and live happily. Do not sell physical, it may double to 100 in 1 year, but be aware that silver may be confiscated if the USA defaults.
Here we go again. Silver is crashing to 30, during May: (the chart is so old (March 13th) and bit off in timing, its already boring, but its still valid-and it shows what will happen next-oscillations for 6 months- buy in bottoms):
http://saposjoint.net/Forum/viewtopic.php?f=14&t=2626&st=0&sk=t&sd=a&sta...
Looks like comex has capiluated. Let it can trade with itself for 10 years, who cares!
Silver is down 20% in the past week or so... we're up 10.5% in the past week or so. Got to love slv options. I look forward to their raids. I make money on the raid itself, then I get to reload on more paper before it shoots higher.
Really, you guys should take a look at the system. Perfect vehicle for turning paper silver volatility into paper profits, which you can then turn into physical silver, gold, lead, food or enough cases of jim beam to supply Prohibition II, if you like. Autotrade the system via your brokerage account. Our returns are getting mighty hard to ignore.
Trending at a 941% Annualized return based on a 3 month track record. Up 7% in May already. Winning.
http://slv.collective2.com
Gensler. Shapiro.
I'm shocked.
Conspiracy maybe............. Lack of liquidity more likey. Electronic Markets offer easy access and fast fills and thats it, nothing more. Volume does not equate to liquidity, so somone enters an order on a thinly traded market , after rth and gets a shitty fill and the hens start clucking conspiracy. I wish it was that easy. The problem stems from computer traded markets that are designed for speed not fairness. Call me a Luddite but an Open Outcry market would never allow this to happen because there is a pool of traders looking to take the other side of an order not race the order. If the seller in this case did not think the fill was fair he could get a Time and Sales Report and be assured that the rules of fair price practices were used in the execution of the and a Pit Committe would force adjustment from either the filling broker or the local community. If he still was not satisfied he could take it to arbitration. What is his choice in todays fast fill,easy access environment? Think about that?
FUCK! FUCK! FUCK!!!!!!! Killl bin ladin and slice the legs of Ag. Au. A two for ONE!!!!! FUCK! FUCK! FUCK!