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And Scene: CME Hikes Silver Margin For Third Time In 7 Days, Raises Initial, Maintenance Margins By 12%

Tyler Durden's picture




 

Last week two silver margin hikes of 9% and 10% did nothing, which is why this week's first hike (of many more) by 12% to the maintenance and initial margins was to be completely expected. We believe that nothing short of 100% margin (coupled with not one single ES margin hike by the Globex) will eventually placate the ardent Comex risk managers who are terrified their models may end up being wrong about "stuff." One thing is certain: the panic is palpable and the administration will stop at nothing to prevent the $50 limit order from triggering silver's surge to triple digits. We wish them all the best in this endeavor and are grateful for any and all BTFD opportunity.

Chadv11-156

 

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Mon, 05/02/2011 - 16:29 | 1231442 Out9922
Out9922's picture

Love it.  I hope it goes to the 30s so I can load the boat

Mon, 05/02/2011 - 16:35 | 1231468 nope-1004
nope-1004's picture

Yawn....   was in isolation for a month.

WTF??  Silver is up 30% this month?

 

Mon, 05/02/2011 - 16:47 | 1231551 long juan silver
long juan silver's picture

Silver is down 10% this month

Mon, 05/02/2011 - 16:52 | 1231576 akak
akak's picture

Your IQ is down 40% this month.

Mon, 05/02/2011 - 17:22 | 1231712 long juan silver
long juan silver's picture

What's really amazing is that's it's still 300 times yours!

Mon, 05/02/2011 - 17:26 | 1231728 narapoiddyslexia
narapoiddyslexia's picture

And I'm buying another 100 oz bar to celebrate your IQ. If even a small fraction of the people who read this today do the same, we'll have another situation, then another, then another, until....

Mon, 05/02/2011 - 20:20 | 1232310 Ahmeexnal
Ahmeexnal's picture

$50 is an ELE for the USD, JPM, and TPTB.

Keep buying at discounted prices!

Dimon and Blythe will be forever remembered as the Retarded Duo!

Mon, 05/02/2011 - 20:35 | 1232370 TDoS
TDoS's picture

Bought another 20oz today.  Might buy another 20 next week too.

Mon, 05/02/2011 - 17:42 | 1231805 Thomas
Thomas's picture

Technically you are both right (-10% this month and +30% month over month). All I know is that this margin thing is pretty damned cheesy.

Mon, 05/02/2011 - 18:28 | 1232001 ZeroPower
ZeroPower's picture

Silver? Haven't all the rational folks agreed $50 is a pipedream until at least some consolidation in the low 40s and/or QE3 is started? You can easily spot the bubble in equities but for some reason are shieled from seeing the exact same hyperbolic pattern in the silver chart. 

Give it time.

Mon, 05/02/2011 - 18:33 | 1232033 JLee2027
JLee2027's picture

Did you see that action two Sunday nights ago? 50 was a trade or two away. TPTB are terrified.

Tue, 05/03/2011 - 02:43 | 1233057 Sudden Debt
Sudden Debt's picture

The supply cycle is broken in silver.

Over 2 years now, investment silver drained the industrial supply at such a rate and junk silver didn't meet the usual quota.

Even without any "speculation" in paper, the shortage will make prices rise at least  20% a year from now on.

Even 100kg shortage in supply in the industrial market can cause prices to double as the amount of silver used in electronics is so low, that it doesn't matter if it costs 50$ or 1000$ to use it in their electronics.

A Ipad for example uses about 1/3 gram of silver. So if it costs 10$ of silver per Ipad, the consumer would never notice it.

Mon, 05/02/2011 - 20:17 | 1232323 Bicycle Repairman
Bicycle Repairman's picture

I was junk #14. Your comments s#ck.

Mon, 05/02/2011 - 17:09 | 1231666 silverstud
silverstud's picture

Selling the house, dog and kids.. Cashing up to buy physical Silver when it hits US$25 per ounce!

I love the Comex.. it is such a fraud and allows me to buy physical silver at a fraction of its real value.

The idiots are those who trade useless paper for a quick buck!

When the physical runs out then I will be sitting pretty with physical silver while those trading on the Comex can do little else but light up the last cigar with their worthless paper silver contract.

Ozzie Scott

 

Mon, 05/02/2011 - 17:16 | 1231694 Teamtc321
Teamtc321's picture

"The idiots are those who trade useless paper for a quick buck!"

 

Not if you are buying physical with that quick buck. Alot of that going on. I have added with those quick buck's.

Mon, 05/02/2011 - 17:31 | 1231771 Dr. No
Dr. No's picture

How is trading for a quick buck idotic?  Profits are good.  Fast profits are better.

Mon, 05/02/2011 - 17:56 | 1231850 NotApplicable
NotApplicable's picture

Because your profits are measured in dollars, which is not a standard of measure, nor a store of value. Add to that, the taxation for your "gain," which is really just a loss as measured against the unmeasurable dollar.

Why take the risk of trying to game the game, when you can profit merely by sitting still?

 

Mon, 05/02/2011 - 17:42 | 1231813 Papasmurf
Papasmurf's picture

Those trading paper silver will have a Bernie Madoff claim.

Mon, 05/02/2011 - 17:53 | 1231840 Ese Pinche
Ese Pinche's picture

When the physical is all gone the US gubmit will be confiscating all PMs... Owning physical is not an iron clad ticket to financial safety.  If you own/hold paper definitely more risky... but in a real disaster, one we very well might experience, your physical silver will not be yours to keep/use.

Mon, 05/02/2011 - 18:05 | 1231885 JohnG
Mon, 05/02/2011 - 18:19 | 1231967 Kelley
Kelley's picture

Thank goodness I don't have any physical silver. I'm pretty sure no one else here has any either.

Mon, 05/02/2011 - 18:49 | 1232065 GubbermintWorker
GubbermintWorker's picture

Nope, but I do have a lot of physical lead.

Mon, 05/02/2011 - 18:59 | 1232095 Long-John-Silver
Long-John-Silver's picture

I prefer copper clad lead.

Tue, 05/03/2011 - 01:07 | 1232969 LaughingMan
LaughingMan's picture

+ 4000... rounds that is.

 

Silver brothers in arms. Cue Dire Straits!

Mon, 05/02/2011 - 19:10 | 1232127 uniman
uniman's picture

But seriously, I'd like to hear some scenarios regarding surviving exactly what you just scoffed at.  In the event of a major financial and political upheaval can you describe in further detail how you expect to ride out the storm?  Might the mob think that anybody calmly sitting on their porch and enjoying the beautiful evening obviously has a basement full of PM and missing neighbor girls?

Mon, 05/02/2011 - 22:19 | 1232605 European American
European American's picture

Well, if there's a mob outside your house you're probably in trouble to begin with. 

I don't know about the others here, but why I have accumulated a few ounces of both silver and gold is for the day when I can take those few coins, and purchase either a new currency, or other "tangible, sustainable assets. When I think "long", we're talking possibly some years from today, not next year, or the year after it. The years between "then" and "now" could very well be turbulent and not so easy on the nervous system. During the tumultuous years, I'll probably be tapping exclusively into the various, sustainable assets capable of keeping this physiology standing on it's two feet. Those assets being, stored food, fresh organic foods from my greenhouses, solar panels, wind turbine, to name a few. Of course it's possible that the same "mob" outside your door might key into my belongings as well, long before the new currency is fresh off the printing press. But from where I stand, I like the odds. On the other hand, the invisible killer particles blowing this way from Japan, are another story.

 

Anyway, how the exchange takes place when I finally walk through that door to purchase that new currency with those coins in my pocket is anybody's guess. Might all take place on the new (old) Black Market, down back alleyways, in the dark. But it's certainly going to be more "real" and exhilarating the present system.

 

I think many of the smart ones who visit this site to read the great articles and informative comments probably prefer to lay low while the storm passes over rather than jumping into the fray. Seems like a direct correlation between rising and lowering PM prices and certain posters blood pressure levels, imho.

Tue, 05/03/2011 - 01:29 | 1232981 ultarnerd
ultarnerd's picture

One time by accident I actually made a mix containing silver that wen lit on fire instantly made pure molten silver and no its not a thermite where another metal can contaminate.

So yes there appears to be some clever ways of hiding your metals if you want to be a bit creative.Sulphur has an extreme affinity for silver and fused sodium chlorate will reduce back to metal with little difficulty.Will also experiment with it as a way to remove plated silver rather than using the acid.I will probably try mixing my silver compounds into small plastic ornaments for even better concealment.My web site is down right now as I sort of ran out of money but when I get it up again and get to do more experimenting I plan to put it all on my site.This is the sort of thing that could prove usefull if you really must trasport your silver and gold, where of course buying in the yard wont work.

Mon, 05/02/2011 - 20:56 | 1232429 Hugh G Rection
Hugh G Rection's picture

Me either... All my metals were stolen and I forgot to file a police report...

Mon, 05/02/2011 - 19:35 | 1232208 Blano
Blano's picture

I'll take that bet.

Mon, 05/02/2011 - 21:20 | 1232480 A Nanny Moose
A Nanny Moose's picture

Except...how would they go about confiscating pre-1964 dimes and quarters? It would be an epic waste of time, and they are still legal tender. I doubt the average flunkie Blue Shirt could even ID junk silver coins.

Mon, 05/02/2011 - 17:32 | 1231761 covert
covert's picture

the relevance doesn't seem obvious.

http://covert2.wordpress.com

 

Mon, 05/02/2011 - 16:32 | 1231446 Id fight Gandhi
Id fight Gandhi's picture

It's such joke they keep doing this to silver but never touch ES

Mon, 05/02/2011 - 16:41 | 1231505 Auricle of Omaha
Auricle of Omaha's picture

What does ES stand for?

Mon, 05/02/2011 - 16:42 | 1231523 smeagol
smeagol's picture

E-minis S&P

Mon, 05/02/2011 - 16:48 | 1231544 Buckaroo Banzai
Buckaroo Banzai's picture

But no one ever speculates in the E-mini S&P, that only happens in silver and gold. And oil.

Mon, 05/02/2011 - 17:03 | 1231624 Auricle of Omaha
Auricle of Omaha's picture

Thanks!

Mon, 05/02/2011 - 16:33 | 1231448 Missiondweller
Missiondweller's picture

Smells of pure desperation

Mon, 05/02/2011 - 16:38 | 1231483 tmosley
tmosley's picture

No shit.  And people keep talking shit about me and my calls.  Let's see these morons say the same things come Friday when we are back at $49.

But then, they are just trolls, and they will disappear, and Trav will lose his one and only tool in his senseless vendetta against me and will be quiet for a while.

Mon, 05/02/2011 - 16:47 | 1231535 long juan silver
long juan silver's picture

Silver down 10%.

Will you resign the board if silver is not $49 Friday?

Mon, 05/02/2011 - 16:51 | 1231563 tmosley
tmosley's picture

Will you commit ritual suicide if it is?

No, I won't.  I have already made a pledge that if physical silver is ever available on the open market for less than $20, I will leave forever.

But that doesn't seem fair anymore, does it?  Let's move that up to $35.

That is PHYSICAL.  NOT spot--and it has to be available on the open market for at least 24 hours.

Mon, 05/02/2011 - 16:57 | 1231569 bob_dabolina
bob_dabolina's picture

You're a troll.

Anytime anyone says anything bearish about silver you start screaming and whining like a 14 year old who just found her tits, "troll, troll, trolling, trolsters are out" Just shut up already. We know for christ sakes you're a silver bull till' it hits 1,000. Like I've said in so many posts. Price is the final arbiter.

Just sit back and enjoy your shearing for being a greedy sheap.

Mon, 05/02/2011 - 16:59 | 1231605 tmosley
tmosley's picture

Uh-huh.  Whatever.  I have been pointing out lies and inconsistencies in these people's posts.  That's all.  They keep registering new names to try to get away from the fact that anyone who followed their advice has lost everything.  

Anyone who has followed my advice from more than, say, two weeks, is UP.

People seem to forget that silver was at $42 on April 15th.

Mon, 05/02/2011 - 17:05 | 1231630 bob_dabolina
bob_dabolina's picture

So when are you selling tmosely? Please, enlighten me with your sage advice to help me make millions.

Mon, 05/02/2011 - 17:21 | 1231709 tmosley
tmosley's picture

I sell silver for gold, starting at 1:10 gold to silver ratio.  

Dollars are not involved.

Mon, 05/02/2011 - 17:20 | 1231716 long juan silver
long juan silver's picture

Dr. Ted Warren Reid (Chairman) ted.reid@ttuhsc.edu
Dr. Julian Spallhoz (Vice President)
Dr. Mayank Shashtri (Vice President) eburonorganics@yahoo.com

Mon, 05/02/2011 - 17:24 | 1231738 tmosley
tmosley's picture

Aww, cyberstalking now?

One of those guys is a supplier, one is retired, and the last is a colleague and trusted friend.

Mon, 05/02/2011 - 17:31 | 1231755 long juan silver
long juan silver's picture

You have no friends

Mon, 05/02/2011 - 17:33 | 1231768 tmosley
tmosley's picture

Like I told your other incarnation, William the Bastard, you really shouldn't talk to yourself.  It makes people think you are crazy.

http://www.youtube.com/watch?v=9JtEXMklLMI

Mon, 05/02/2011 - 18:10 | 1231902 JW n FL
JW n FL's picture

dont feed the idiots...

you are smart enough to get this.. so I will say it striaght..

let yourself be entertained by these people, that is thier only use in this world. Be thankful that you are entertained, most are not.

and I will give everyone some safe numbers to buy to and to sell from.. this is not for you "T"

 

Silver $100.

Gold $2,200.

 

You can buy and then sell there after safely.. there are others who will tell you $150 is safe and Gold $2,800 is safe.. I would agree, but I am keeping it simple for those who dont have a clue and are stupid enough to fuck up simpleton instructions.

 

the part I found "Typical" or "Pedestrian" was you are looking for tmosley and not offering up who you are? Which tells me a couple things about you.. Mr. Multiple Name Changing Wanna Be Troll. one you think you can have power over someone by figuring out who they are, which means you are a fucking coward who fears being known.

 

The Troll here are the crème’ de la crème’ of trolls! You are not worthy of the title. Here at least.

 

So let’s hear / see your one line drivel of complaint, come and regale me with wit of your circumstance.

 

Mon, 05/02/2011 - 18:06 | 1231893 JohnG
JohnG's picture

Refuted.  I am.

Mon, 05/02/2011 - 18:06 | 1231896 Calmyourself
Calmyourself's picture

I do not know Tmos or you from Adam.. But just what in the hell is your motivation to stalk him like this? Because he believes in Silver as a store of value and you do not? He is not a hedge fund manager or a principal of the Fed he is some sort of chemical engineer type fellow iirc.

So what is your issue?

Mon, 05/02/2011 - 18:15 | 1231930 tmosley
tmosley's picture

The latently homosexual are irresistibly attracted to me.  Unfortunately, they are all at the development level of K-3rd graders, so they try to push me down into the dirt.  Luckily, I'm bigger than them.

And yeah, I manage a lab that cures diseases and produces antimicrobial coatings to reduce and eliminate infection.

Meanwhile, most of them live together in a van down by the river.

Mon, 05/02/2011 - 18:53 | 1232085 JW n FL
JW n FL's picture

I would not degrade the gays with being like this person. The Gays are far from Cowards in most cases.. and what you have is a coward clown.. like i siad above! be entertained by those that provide you free entertainment, given it is his expense of time..

 

I might ad that given you never, EVER! get to meet a coward with free time online.. you should cherish the experience! LMFAO when will you ever get to meet another person online who hides and chases all at the same time!

Mon, 05/02/2011 - 18:57 | 1232094 tmosley
tmosley's picture

Latent homosexuals are different from gays.

These guys have suppressed what they are down to the deepest core of their being and been corrupted with hate and bile, and will one day snap and kill a bunch of people, then themselves.  They are the epitome of cowardice.

Some of my best friends are gay.  They throw awesome parties.  They are not latent in any way (that I know of, lol).

Mon, 05/02/2011 - 22:22 | 1232621 bob_dabolina
bob_dabolina's picture

tmosely

When was the last time you used dollars for an exchange of any type?

Mon, 05/02/2011 - 22:29 | 1232633 akak
akak's picture

What a truly bizarre and irrelevant question --- yet one which sounds remarkably like the tack taken by another person, an obvious anti-PM troll, in this forum a day or two ago.

Just where were you going with that question, Bob?

Mon, 05/02/2011 - 22:38 | 1232656 bob_dabolina
bob_dabolina's picture

lol. Show me acock, anywhere in my posts where I am anti-PM? Just because I said silver going from 18-50 in 2-3 months is ridiculous?

A question is a question. You have a problem with me asking a question? Or are you just a punk bitch trying to start something? Because I don't think I addressed you.

Mon, 05/02/2011 - 22:33 | 1232642 tmosley
tmosley's picture

I dunno.  When is the last time you played Monopoly?  When you played, did you call the little pieces of paper "money"?

Were you able to trade any of said Monopoly money for dollars?

Would you have done that if you could?

Mon, 05/02/2011 - 23:07 | 1232662 bob_dabolina
bob_dabolina's picture

Oh really. So you've been trading with silver/gold everytime you buy something right?

Why not exchange ALL your dollars for silver/gold? Than try buying something on Amazon promising you will send them some silver in exchange?

Mon, 05/02/2011 - 23:38 | 1232803 akak
akak's picture

Maybe you should spend more time on trying to make your point, if you have one, and less on being an argumentative jerk.

Mon, 05/02/2011 - 23:55 | 1232833 bob_dabolina
bob_dabolina's picture

A question is a question. You have a problem with me asking a question? Or are you just a punk bitch trying to start something? Because I don't think I addressed you

Tue, 05/03/2011 - 02:39 | 1233053 akak
akak's picture

You're in a PUBLIC forum, asswipe --- if you want to send a truly private message to tmosley, I suggest you pull out a sheet of your finest perfumed stationary and put pen to paper.  In the meantime, ALL comments and questions here are fair game for others to notice, comment and opine upon.

And still you haven't answered the question of why you are asking such obtuse and strangely leading questions, exactly in the manner of Dangertime.

Tue, 05/03/2011 - 14:44 | 1235236 BigJim
BigJim's picture

C'mon... we know why.

Tmos will (like virtually everyone else on the planet) use fiat for everyday transactions. Bob_D will use this 'revelation' to 'prove' that Tmos is a hypocrite, and thus all Tmos' arguments are false.

I'm not sure how this logic works, myself, but I've seen it frequently deployed elsewhere.

Mon, 05/02/2011 - 17:35 | 1231785 LudwigVon
LudwigVon's picture

Your too new and not nearly well read enough to judge T. You do not read all of his posts and 90% of comments on every thread at ZH. He is doing YOU a service with his time. Now either shut the fuck up or thank him. Step back, no one knew you were a fool until you opened your mouth.

Mon, 05/02/2011 - 18:24 | 1231989 Kelley
Kelley's picture

My take would be to sell silver when it becomes economically feasible to recycle silver. Until then, it is running out so the price will keep going higher.

Mon, 05/02/2011 - 18:59 | 1232102 Long-John-Silver
Long-John-Silver's picture

Bingo!

Mon, 05/02/2011 - 22:16 | 1232596 Kelley
Kelley's picture

Of course let me remind everyone I don't have any silver. 

Mon, 05/02/2011 - 18:42 | 1232054 kito
kito's picture

your clueless about silver bro..

In an interview with ET Now, Jim Rogers , Chairman, Rogers Holdings, talks about the commodities market as well as the impact of Osama Bin Laden's death on the global markets. Excerpts:

A few days back in an interaction you said you own silver, and probably you were hoping for silver to come down to lower levels and as an owner of silver, you would like to buy more. Keeping in mind firstly, let's talk about the latest news that has been causing this kind of a sharp cut in the commodities market and then will you seek this as an opportunity and probably pick up more positions in commodity like silver?

I am not buying as to when there is decline. I am certainly watching and I am glad to see this because we will not now have a parabolic move upwards and so we will have some normal correction somewhere along the line. I hope I am smart enough to step in and buy more silver.

Just to throw a little light on the kind of movement we have seen across currencies, you had dollar in the doldrums, it was at that kind of a 3-year low. Now currently it has seen a bit of strengthening. What kind of levels are you foreseeing?

I am not sure. I sold some of my dollars when it kept going down and I am worried about dollar. I do not think that today's news is of much significance to the financial markets at all. It may just attract people like you who have to comment on it, but I do not think that in the end, the financial markets would be at all affected by this.

We have seen a knee jerk reaction into the international markets after Osama Bin Laden's death news came in here, but would you see it just as a knee jerk reaction or do you think markets may see a bit of a turnaround from here?

I do not see that the death of Osama Bin Laden has any affect on the economy of anybody in the world. The worry of course is there are rumours that his followers have planted bombs around the world that if he does get killed, those bombs are supposed to be set off. Now, I have absolutely no idea, those are the internet rumours as you probably know, but if something like that happens, then it is going to cause economic chaos in many places. But other than that, I do not see any affect of this on anybody in the world.

As we wake up in this morning, there is a lot of uncertainty into the markets as you also rightly pointed out but we have seen most of these high yielder commodities actually give up a bit of gains. So if you look at crude prices, gold, silver, copper, all of them have opened intraday on the lower side, how much of a decline are you really witnessing from here?

They should have a rest. These commodities have been going straight up for several weeks, several months. It is good that they rest. Anything that goes straight up, usually goes straight down. The things that have nice long term up-moves are the things that go up, consolidate, go up, consolidate, go up, consolidate. So, I hope that what we are seeing here is overdue normal correction in commodities and other things as well.

Mon, 05/02/2011 - 17:07 | 1231656 Richard Head
Richard Head's picture

Sure, Bob.  TMosley's the troll, and these idiots that have brand new user names are legit.  I guess it's no coincidence that "say(ing) anything bearish about silver" only happens on down days.  The rest of the time you numbskulls hide with your tails between your legs.  You're just bitter because you're a loser in life and in the market.

Mon, 05/02/2011 - 17:20 | 1231691 bob_dabolina
bob_dabolina's picture

That's not true at all. I am here if silver is up, or down and have stated which asset classes I prefer and why at any given time. I've also had the same user name since I've been here. So, Richard Head, maybe you can find someone to stroke your flaccid ego and moniker because your comments are as  stale and stagnant as a 3 week old dirty diaper. Try adding some substance to your comments, cause your shit's weak.

Mon, 05/02/2011 - 16:52 | 1231578 long juan silver
long juan silver's picture

Meth Man hit it out of the park with a brilliant call !

Your were wrong. You lose. You are a one way dogmatic dickweed. Your end will come as it does for all your inflexible kind.

Mon, 05/02/2011 - 16:56 | 1231589 tmosley
tmosley's picture

What, the "$34 is definitely the top in silver" one?

I love how you have to keep changing usernames, as if we couldn't tell exactly when you do it.

Mon, 05/02/2011 - 17:02 | 1231628 long juan silver
long juan silver's picture

I never called a top at $34 and I didn't change my name.

You missed silver because you were "all in gold" back when silver started a move out of the charts at $18.

Since then silver is up 150%, gold? eh, not so much.

You lose. Your call was wrong then and it was your backyard subject. Your call is wrong now because your fully in and cant sell with out admitting you're WRONG.

You're in a funny spot for a little man.

Mon, 05/02/2011 - 17:09 | 1231654 tmosley
tmosley's picture

Uhh, you just said "Math Man hit it out of the park".  Math Man rather loudly proclaimed that $34 was the top in silver.  And yes, you have changed your name.  Your last one was William the Bastard, and you have a long line of these going back.  Your current user name has only been in use for 12 weeks, and you came in off the bat and started insulting me right where Billy Boy left off.  You just changed names.  But you were too stupid to change your writing style.

And you are once again high, because I have haven't been "all in gold" since 2004.  I certainly never claimed to be all in gold anywhere online.

You keep saying I'm wrong, but you don't even know what you are talking about, or who you are talking to.

Mon, 05/02/2011 - 17:13 | 1231679 long juan silver
long juan silver's picture

I know exactly who you are and I know that the management of your employer in lubbock isn't aware of you posting personality. I believe they'd be horrified.

Mon, 05/02/2011 - 17:20 | 1231715 tmosley
tmosley's picture

lol, you don't know anything.  I AM the management, idiot.

Mon, 05/02/2011 - 17:55 | 1231858 narapoiddyslexia
narapoiddyslexia's picture

Who is long juan? By name, I mean. Anyone know?

Mon, 05/02/2011 - 18:09 | 1231917 Calmyourself
Calmyourself's picture

If he feels comfortable threatening peoples employment it is time to find out, cybersleuths step up..

Mon, 05/02/2011 - 18:16 | 1231939 tmosley
tmosley's picture

The first username I noted him using was MeTarzanUJane.

Mon, 05/02/2011 - 21:30 | 1232503 A Nanny Moose
A Nanny Moose's picture

JUNKED! Seriously dickweed. Your cyberstalking ass needs to banned, account deleted, and your computer confiscated. You are not mentally fit to be connected to the interwebz little man. Your behavior and implied threats toward other members is completely un-fucking-acceptable.

Mon, 05/02/2011 - 17:18 | 1231707 Bay of Pigs
Bay of Pigs's picture

He was GoldenMiddleFinger before that.

See Bob, here's the "troll". Wake the fuck up dude...

Mon, 05/02/2011 - 17:29 | 1231745 tmosley
tmosley's picture

Yeah, literally at least a dozen names.

It's easier to find them by just looking for my posts and finding the inane comments nearby.  The one liners that don't really makes sense all belong to this guy.

Mon, 05/02/2011 - 17:42 | 1231803 LudwigVon
LudwigVon's picture

Bingo.

Mon, 05/02/2011 - 18:44 | 1232058 kito
kito's picture

you cant lose when silver hits its adjusted inflation high of over 120 bro. maybe you should know that in every commodities bull market we have ever had, EVERY previous high is broken through (as per jim rogers, who i presume knows more than you)

Mon, 05/02/2011 - 17:05 | 1231638 narapoiddyslexia
narapoiddyslexia's picture

The core truth concerns the viability and value of fiat. Let's talk about that instead. Silver is merely a proxy for some people's distrust of fiat. 

Is fiat here to stay? If you and meth head can defend fiat, you can defeat silver, so let's get the battle on the proper field.

Defend fiat.

Mon, 05/02/2011 - 17:28 | 1231741 bob_dabolina
bob_dabolina's picture

Defend bartering in precious metals for worldwide trade and nothing else.

Everything has it's place and I never said I didn't like silver. I said I didn't like the price action going parabolic (which is exactly what it did) In fact I have said I like silver back in the mid-low 30's. But a straight run from 18-50? Naw, that's too much.

Mon, 05/02/2011 - 17:27 | 1231749 tmosley
tmosley's picture

So all world trade prior to the the 1930's or 1970's was barter?

Mon, 05/02/2011 - 22:44 | 1232674 bob_dabolina
bob_dabolina's picture

Than fiat was part of it.

Tue, 05/03/2011 - 06:16 | 1233166 Dangertime
Dangertime's picture

Oh nice cover.  Looks like someone is scared I may be right after all.

Pretty chicken shit way to admit it though.

Mon, 05/02/2011 - 20:54 | 1232413 Bicycle Repairman
Bicycle Repairman's picture

Why don't you clear out now.  You add nothing.

Mon, 05/02/2011 - 16:47 | 1231539 Oso
Oso's picture

why do u care so much if other people agree with you?  end of the day, or month, or year, all that matters is if u made money.  These comment sections used to have real discussion in them, now its just trolls and chest-thumpers going at it.

 

again, who cares.  to everyone, if u have meaningful shit to say, then great.  otherwise, its a waste of everyone's time.

Mon, 05/02/2011 - 16:55 | 1231545 long juan silver
long juan silver's picture

tmoseley is a paranoid schizophrenic .

Mon, 05/02/2011 - 16:52 | 1231565 Canucklehead
Canucklehead's picture

You've got that right.  In the end, a "tell" is important, just like a "tip".  The markets are all about emotions and physcology.  Many here are tells.

Mon, 05/02/2011 - 16:55 | 1231580 tmosley
tmosley's picture

I'm mostly pissed off at Trav because he is saying things he doesn't actually believe in just because he has a vendetta against me.

What a weak asshole.

The trolls, I don't care about.  I just like to give them hell.

Mon, 05/02/2011 - 16:53 | 1231584 long juan silver
long juan silver's picture

Bad day at mom's bakery in Lubbock?

Mon, 05/02/2011 - 16:57 | 1231609 tmosley
tmosley's picture

Bad day at Mama's grave?  The groundskeeper kick your homeless ass to the curb again?

Mon, 05/02/2011 - 17:04 | 1231641 long juan silver
long juan silver's picture

I'm looking at the blue green ocean right now. You aren't.

Mon, 05/02/2011 - 17:10 | 1231658 tmosley
tmosley's picture

Right, because you don't have a job.

And you are high.

Mon, 05/02/2011 - 17:16 | 1231699 long juan silver
long juan silver's picture

You missed the move in silver because you are an idiot.

Mon, 05/02/2011 - 22:37 | 1232647 tmosley
tmosley's picture

Cocaine is a helluva drug.

Too bad you can't afford it, and have to settle for crack.

Mon, 05/02/2011 - 17:10 | 1231671 Richard Head
Richard Head's picture

Uh huh, and meth man has a Ferrari.  You morons are too stupid to have a job.

Mon, 05/02/2011 - 17:15 | 1231689 long juan silver
long juan silver's picture

Not a cloud in the sky and the beach is nice.

Mon, 05/02/2011 - 17:23 | 1231718 tmosley
tmosley's picture

Not so nice when you live there, in a van.

Mon, 05/02/2011 - 20:46 | 1232380 Hugh G Rection
Hugh G Rection's picture

Venice Beach still has no ordinance against bums parking their broken down shitbagos for extended periods of time???

 

http://welovenice.com/2010/05/26/venice-beach-parking-wars/

If you look close you can see Long Juan riding his bike back to his mobile beachfront property.

 

 

Mon, 05/02/2011 - 16:51 | 1231560 Hephasteus
Hephasteus's picture

He just needs to get a black, mexican, indian or asian girlfriend and he'll be alright.

Mon, 05/02/2011 - 16:56 | 1231600 long juan silver
long juan silver's picture

Aww is silver down?

Tue, 05/03/2011 - 08:56 | 1233401 Hephasteus
Hephasteus's picture

I don't care if silver is up down or sideways. I don't care if anyone likes you or respects you or if everyone hates you and can't stand you. I don't care if you're supported in any endeavor you wish to create or if you are embroiled in unwinnable battles.
I don't care if you buy stupid fuck yourself in the ass puts on some werd from some dumbass who then commands you go out and make it happen.

I don't give a fuck if the us army, air force and marines are ordered not to conduct propaganda against the armerican people when they know they can get the banks and corporations to do it for them. I don't care if you're completely unafraid to make an enemy yet completely incapable of breaking that enemy. Armies are marching motherfucker and they won't stop till they get what they are fighting for.

I don't care if your so fucking retarded that you can assert everything you're after from us and be told repeatedly that it ain't going to happen. I don't want to make peace with this situation. I don't want to turn you from an enemy to a friend. I don't want to make a frenemy. I don't want a enemy with benefits. When your nice I'm going to rip your fucking hair out. When you're mean I'm going to rip your fucking hair out. I'm going to give you only one option. Indifference and seperation. I don't care if you have the power to make charlie sheen snort an entire suitcase of coke for standing up against the banksters. I don't care if you can make all the baby boomers smoke a thousand 55 lb trash bags of pot over thier entire lifetime for trying to stand up to the banksters. If you ask me if I want to buy drugs i'm going to chop your larynx out and make a squeeky toy out of it for the dog. And if you want me to sell silver. You better give me a whole lot of those bullshit promises federal reserve notes because if you don't it's going to be one hell of a bullshit for equity swap up in this motherfucker.

http://www.youtube.com/watch?v=gifEn61dZBc

 

 

Mon, 05/02/2011 - 17:53 | 1231849 Papasmurf
Papasmurf's picture

Or all at once.

Mon, 05/02/2011 - 18:01 | 1231871 tmosley
tmosley's picture

Tiger Woods has a sister?

Mon, 05/02/2011 - 16:34 | 1231451 Big Corked Boots
Big Corked Boots's picture

At the close, the premium on CEF was friggin' -5.32%. This from +8% and sometimes +10%. Killing me.

On the other hand, some of you may want to BTFD.

Mon, 05/02/2011 - 16:34 | 1231453 slow_roast
slow_roast's picture

I liquidated all my paper bullshit silver positions today, along with a lot of gold options that I made money in, and will go buy physical once these morons have knocked the price down lower.  Thanks!!!!!  This is truly awesome!

Mon, 05/02/2011 - 16:32 | 1231465 Dr. Richard Head
Dr. Richard Head's picture

My money transfer on Friday can't come fucking fast enough. 

Mon, 05/02/2011 - 16:40 | 1231503 SilverIsKing
SilverIsKing's picture

Same here but I think we may do better by waiting a little bit.

Mon, 05/02/2011 - 16:40 | 1231516 slow_roast
slow_roast's picture

Yes, I think we'll see the $30s well before this is over.  Low $30s?  Yes, I reckon....still going to buy here and there in case I'm wrong.  :)

Mon, 05/02/2011 - 16:44 | 1231536 Dr. Richard Head
Dr. Richard Head's picture

Still buying on Friday myself.  Doubling my position of physical holdings will be like fucking a porn star, but without the mess and angry wife.

Mon, 05/02/2011 - 18:35 | 1232030 Teamtc321
Teamtc321's picture

lol

Mon, 05/02/2011 - 18:00 | 1231876 in4mayshun
in4mayshun's picture

Low $30's? Not a chance! Silver breaks 40 and it'll be like pooring blood into shark infested waters. Physical buyers will buy up everything in site. (although seems like they are already anyway) Raising margin reqiurements just shows desperation now. We got 'em on the run.

Mon, 05/02/2011 - 19:04 | 1232116 Long-John-Silver
Long-John-Silver's picture

That happened last night. Go over to Apmex and have a look at all the blue tabs. I seriously doubt they have anything for immediate delivery.

Mon, 05/02/2011 - 16:32 | 1231464 Rastadamus
Rastadamus's picture

I wished I knew how raising margins affected the market like this, but I am taking notes and buying bars all the way baby...

Mon, 05/02/2011 - 16:48 | 1231561 JohnG
JohnG's picture

Makes it more expensive to hold contracts.  If investors can't depoosit cash to satisfy requirements, they have to sell the contract.  Cascades into more selling.

Mon, 05/02/2011 - 16:35 | 1231466 AldoHux_IV
AldoHux_IV's picture

The centrally planned authoritarian regime (CPAR) can not stand the fact that peasants have been making fiat and transferring that fiat into physical-- now they must do all they can to thwart the slaves into preventing them from exchanging indentured servitude (FRN's) for actual money.

Mon, 05/02/2011 - 16:38 | 1231476 johnnynaps
johnnynaps's picture

Yep, and by the looks of the desperation, I figure they are just buying time while they try to conjure up some way to officially tax silver holdings!

Mon, 05/02/2011 - 16:42 | 1231507 TruthInSunshine
TruthInSunshine's picture

Every dollar of fiat that makes its way into PMs is like water rising in the tank, with The Bernank stuck inside, floating.

Deep breaths, Ben...inhale.

Mon, 05/02/2011 - 17:58 | 1231857 Papasmurf
Papasmurf's picture

That isn't Bernake in their floating.  It's the American citizen drowning.

Mon, 05/02/2011 - 16:36 | 1231471 Goofy Bastard
Goofy Bastard's picture

When you write the rules, you don't have to be right.  Touche TBTP, touche...for now

Mon, 05/02/2011 - 16:34 | 1231472 slow_roast
slow_roast's picture

"Tulving Tulving Tulving" is my new mantra.  Let's get Physical BITCHEZ!!!!

Mon, 05/02/2011 - 16:38 | 1231479 topcallingtroll
topcallingtroll's picture

I will be back to play the bottom in the low thirties.

I call tops and play with bottoms.

Mon, 05/02/2011 - 16:40 | 1231499 AC_Doctor
AC_Doctor's picture

Hey douchefuck,  you will have to get your DeLorean time machine out to get more AG in the low 30's...

Mon, 05/02/2011 - 16:45 | 1231528 slow_roast
slow_roast's picture

I'm as bullish on silver as can be but there is good reason to believe that we'll see the low $30s again.  It woudl actually be quite healthy...not to mention a great buying opportunity.  Buy all yours now, see who the "douchefuck" is in a few months.  :)

Mon, 05/02/2011 - 16:48 | 1231559 topcallingtroll
topcallingtroll's picture

All of you guys should be glad to buy again in the low thirties. I dont think this monster bull is dead yet

Mon, 05/02/2011 - 17:24 | 1231734 SheepDog-One
SheepDog-One's picture

Anything change? Dollar strengthening up due to reversal in FED having to buy the shit out of stocks and bonds daily just to keep the fraud alive? Nope.

Mon, 05/02/2011 - 16:53 | 1231582 mayhem_korner
mayhem_korner's picture

Uh-oh, tough guy on the scene.  Bullish but believes there's "good reason to believe" a 30% pullback.  Can you be a little more wishy-washy?

Top-calling-troll is a hired hand here to take the obvious contrarian view and build thread.  Take a break from spanking your chimp and put some thought into your next post.

Mon, 05/02/2011 - 17:54 | 1231852 RockyRacoon
RockyRacoon's picture

They always have to take both positions.  Otherwise how could they come back in a few weeks/months and quote themselves as to how right they were?

Mon, 05/02/2011 - 16:46 | 1231548 mayhem_korner
mayhem_korner's picture

You havin' a conversation in your closet with your neighbor's pug? 

Mon, 05/02/2011 - 16:58 | 1231594 hitbox
hitbox's picture

removed

Mon, 05/02/2011 - 16:36 | 1231481 SilverIsKing
SilverIsKing's picture

No reason to think #4 ain't coming around the corner.

Mon, 05/02/2011 - 16:39 | 1231484 AC_Doctor
AC_Doctor's picture

It aint gonna help.  Shitbird scumbags at the CME with be looking for new jobs after the next silver and gold delivery months of June/July when the mother of all defaults will commence.

Mon, 05/02/2011 - 16:39 | 1231485 SilverIsKing
SilverIsKing's picture

Physical is now on my agenda...Tulving fo sho!

Mon, 05/02/2011 - 16:39 | 1231486 chaunceyG
chaunceyG's picture

This is the oldest trick in the book.  Do a little work on margin calls and the '29 crash.  same ol' sht.  PMs are just the latest suckers mania to get people like you to generate fees and create useless ETFs.  No more CDOs means they have to extract their pound of flesh somehow.  Whether it's Silver, or Oil, or stocks or tulips makes no fricken difference, its all the same ol' pump and dump.  Sold to you!

Mon, 05/02/2011 - 16:43 | 1231519 Dr. Richard Head
Dr. Richard Head's picture

Last I checked, the only person to get a fee off of me was the coin shop guy and he sure as hell didn't tell me to buy silver.  He was somewhat confused as to why I, and so many others, were buying up his inventory. 

Of course, if you are referring to paper silver, then you are dead on.

Mon, 05/02/2011 - 16:37 | 1231493 z123
z123's picture

glad I went 100% cash as I posted on friday

Mon, 05/02/2011 - 16:40 | 1231494 Silver Bug
Silver Bug's picture

Once again! You may as well raise it to 100% right now, you are just transferring silver to strong hands.

 

http://silverliberationarmy.blogspot.com/

Mon, 05/02/2011 - 16:40 | 1231495 TruthInSunshine
TruthInSunshine's picture

Silver is going to cash & carry.

Bullish, bitchez, as there will ultimately be no weak hands to shake out.

Mon, 05/02/2011 - 16:40 | 1231500 RobotTrader
RobotTrader's picture

Congrats to Math Man.

He must have made over $60k on that SLV short.

That trade took a lot of balls, wish I had shorted it, but I don't short anything that is in a bull market.

Mon, 05/02/2011 - 16:41 | 1231520 AC_Doctor
AC_Doctor's picture

Didn't Meth Man need more money for road flares,  anhydrous ammonia and cold medicine to make up another batch for his consumption?

Mon, 05/02/2011 - 16:46 | 1231529 TruthInSunshine
TruthInSunshine's picture

He changed his name to Ag@$x-$5=Profit

Mon, 05/02/2011 - 19:30 | 1232197 Dangertime
Dangertime's picture

LOL now that is funny.

Mon, 05/02/2011 - 16:44 | 1231533 Quintus
Quintus's picture

Unless he had advance insider knowledge of this last-minute margin hike, and the Sunday evening bear raid, then he was wrong all the way (since the market was headed significantly higher until a massive seller suddenly showed up) and was saved by nothing more than sheer luck.

Mon, 05/02/2011 - 16:45 | 1231543 topcallingtroll
topcallingtroll's picture

Even parabolas double topping against resistance?

Try ZSL because it is only a double inverse. I dont use options anymore either ( except as insurance) because i am tempted to trade on margin.

See ya on the upside. If we do get a full retracement it should go to low thirties.

Mon, 05/02/2011 - 17:20 | 1231714 Richard Head
Richard Head's picture

What data did you use to come up with $60k?  Meth man never gives details.  Then again neither do you.  I don't know which of you is the bigger fraud.  Both of you should kill yourselves. 

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