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CME Hikes Silver Initial And Maintenance Margins By 9%

Tyler Durden's picture




 

The world's most telegraphed call comes and goes, however since it has been priced in about 7 times already, has absolutely no impact on the price of silver. And yes, we were off by about 8 hours. Also, for those who observed this is the third margin hike in as  many months (previously here and here) with neither doing anything at all to halt the price surge, you are absolutely correct.

From the CME:

Chadv11-149

 

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Mon, 04/25/2011 - 15:46 | 1204886 AldoHux_IV
AldoHux_IV's picture

Slowly but surely leaving the markets into the hands of the few, the proud, the greedy banksters.

Mon, 04/25/2011 - 15:57 | 1204928 66Sexy
66Sexy's picture

Blood in the water. Listen to the CME squeal. A little tenderizin', and down it goes...

If I had doubts silver was going over 50, they are gone now.

 

Mon, 04/25/2011 - 15:59 | 1204954 Cash_is_Trash
Cash_is_Trash's picture

If Turd is correct that this week silver hits $45, it will be shopping season!

Please let there be a juicy dip tomorrow, give me $45 baby!

Mon, 04/25/2011 - 16:17 | 1205047 Robot Traders Mom
Robot Traders Mom's picture

Honestly, it is really starting to freak me out that there are less and less people like you hoping for dips. That really tells me that there are a lot of speculators in the paper game and the more predictable buying opportunities are fewer and farer in between.

As a buyer of physical, I honestly would love to see a major correction. I know what the end game is and it doesn't involve "being in the money" at contract expiration.

Mon, 04/25/2011 - 16:22 | 1205066 SheepDog-One
SheepDog-One's picture

Your son is posting on his IPhone from inside a locker that he loves SLV, and soon as someone lets him out hes gonna buy some.

Mon, 04/25/2011 - 16:25 | 1205079 Robot Traders Mom
Robot Traders Mom's picture

thank you for your concern but it is a fictional portfolio for business class. he doesn't make enough money mowing lawns in the summer to actually invest anything.

Mon, 04/25/2011 - 16:30 | 1205109 High Plains Drifter
High Plains Drifter's picture

how much does he charge for yard work?  

Mon, 04/25/2011 - 17:20 | 1205315 66Sexy
66Sexy's picture

now priced in. move along, nothing to see here...

Mon, 04/25/2011 - 16:29 | 1205110 Bubbles...bubbl...
Bubbles...bubbles everywhere's picture

You should really make him wear a helmet when he rides his motorcycle at Lake Perris. 

Mon, 04/25/2011 - 18:07 | 1205474 FLIP THAT BOND
FLIP THAT BOND's picture

There's no good reason not to be in the paper game for now.  It's easy pickins and clearly months before there is any danger of the paper silver game being up.  The more resources the people that understand this thing can pull in now, the more we'll be able to make sure everyone understands why the USD is disappearing.

Mon, 04/25/2011 - 16:17 | 1205050 High Plains Drifter
High Plains Drifter's picture

i think you will be lucky. at least right now. the pressure is on. the game is on.

Mon, 04/25/2011 - 16:17 | 1205049 Re-Discovery
Re-Discovery's picture

Had a feeling this morning's price action was a test run.  Lightened up positions mid-afternoon for tomorrow's silver sale.  Thank you CME!

Mon, 04/25/2011 - 16:54 | 1205206 Arius
Arius's picture

go all in and sell it short...that is if you believe it...

Mon, 04/25/2011 - 17:04 | 1205237 Re-Discovery
Re-Discovery's picture

Nope.  Don't know for sure what will happen.  Just feel that the Bad Guys have lined up this margin move with another bear attack tommorrow for greatest effect.  Would never short.  Just want to get a better basis.

Market timing has worked about 60% of the time for me during the run from $20 an ounce on a dollar cost average basis.  Slightly better than buy and hold during the period.  Gives me something to fiddle with, and confident in the knowledge that the long term PM trend has my back.

 

Mon, 04/25/2011 - 21:38 | 1206262 A Nanny Moose
A Nanny Moose's picture

We're gonna need a bigger boat.

Mon, 04/25/2011 - 16:02 | 1204987 InconvenientCou...
InconvenientCounterParty's picture

let's accept that for the sake of argument.

1. They still need counterparties besides each other.

2. They still need someone, somewhere working on something productive. The day the workers threaten a general strike it's over.

It's remarkable how many vampire analogies one could use here.

Mon, 04/25/2011 - 16:49 | 1205197 slaughterer
slaughterer's picture

Gold margin hikes tomorrow.  Platinum on Wednesday.  Copper on Thursday....  Keep em coming, my friends at CME.  

Mon, 04/25/2011 - 16:57 | 1205231 akak
akak's picture

Troll much?

 

(That was, needless to say, a rhetorical question.)

Mon, 04/25/2011 - 17:46 | 1205402 bankonzhongguo
bankonzhongguo's picture

Funny. 

They can keep hiking the margin or padlocking the door, but eventually the only qualified buyer standing will be China, with $3 trillion cash in hand - standing for delivery.

Mon, 04/25/2011 - 15:47 | 1204888 asdasmos
asdasmos's picture

To the moon.

Mon, 04/25/2011 - 15:51 | 1204912 LawsofPhysics
LawsofPhysics's picture

In a fucking hurry.

Mon, 04/25/2011 - 16:42 | 1205154 Cash_is_Trash
Cash_is_Trash's picture

On rocket skates!

Mon, 04/25/2011 - 15:47 | 1204891 Scottj88
Scottj88's picture

What a surprise.
Ron Paul 2012

Mon, 04/25/2011 - 16:34 | 1205116 High Plains Drifter
High Plains Drifter's picture

is it ron or rand, or does it matter?

Tue, 04/26/2011 - 00:05 | 1206593 ceilidh_trail
ceilidh_trail's picture

Ron (texas rep) is Rand's (ky senator) dad. Both good guys.

Mon, 04/25/2011 - 16:33 | 1205122 Xibalba
Xibalba's picture

I'm sure the cabal will orchestrate a Polish plane accident.....

Mon, 04/25/2011 - 16:55 | 1205210 slaughterer
slaughterer's picture

Jamie Dimon / Blythe Masters 2012.  Will win by a landslide.

Mon, 04/25/2011 - 19:48 | 1205843 downwiththebanks
downwiththebanks's picture

DOWN WITH GENOCIDAL AUSTERITY

DOWN WITH THE JOHN BIRCH SOCIETY

DOWN WITH GERIATRIC IMPS

Mon, 04/25/2011 - 15:48 | 1204896 Manthong
Manthong's picture

Is that a problem is you fabricate your own balances?

Mon, 04/25/2011 - 15:48 | 1204897 Homey Da Clown
Homey Da Clown's picture

When do they begin confiscating all our Gold?

Mon, 04/25/2011 - 15:55 | 1204927 tmosley
tmosley's picture

They will try to do so by raising the price--buying gold off of the open market with printed money.

This will be successful for a few minutes, then gold will never trade in dollars again.

Mon, 04/25/2011 - 17:25 | 1205321 thames222
thames222's picture

they'll have to pry it from my kung fu grip to get my gold stash from me, there's no way.  we all know their printed money is worthless.

 

www.forecastfortomorrow.com

Mon, 04/25/2011 - 15:56 | 1204930 AG BCN
AG BCN's picture

1) They will have to come to Spain.

2) They will have to find it.

3) They will have t take it from me.

That's when.

Mon, 04/25/2011 - 15:56 | 1204934 InconvenientCou...
InconvenientCounterParty's picture

very soon.

I will gladly hold on to it for you so the boogeymen won't get it.

 

Mon, 04/25/2011 - 15:57 | 1204960 Big Corked Boots
Big Corked Boots's picture

I'm thinking of buying a few handfuls of those "Copy" coins selling on ebay. Then, when the confiscation order is issued, I can tell the authorities OMG! They guy I bought them from down the alley said they were real!

Mon, 04/25/2011 - 16:01 | 1204972 Magnix
Magnix's picture

You better hide your gold/silver....hard!

Mon, 04/25/2011 - 16:06 | 1204993 InconvenientCou...
InconvenientCounterParty's picture

foodsaver machine and a shovel works well. I heard it from a friend.

Mon, 04/25/2011 - 18:01 | 1205453 Long-John-Silver
Long-John-Silver's picture

Plastic drain pipe, end caps, pipe cement, and a descant bag.

Mon, 04/25/2011 - 19:11 | 1205668 Teamtc321
Teamtc321's picture

In the country, find a in use outhouse, lower it in. Let the mfers dig around in the corn to get it out. Pieces of shit for real lol.

Mon, 04/25/2011 - 16:08 | 1205005 mayhem_korner
mayhem_korner's picture

Actually, I prefer to throw some coins on the lawn.  Works like deer feed.  Keeps my .308 eye sharp.  :o

Mon, 04/25/2011 - 16:18 | 1205044 Dr. No
Dr. No's picture

Why would they confiscate our gold?  The US is not on the gold standard and therefore can inflate without the inconvience of having to redeem paper for gold.  Is there rumor of going back onto it?

Mon, 04/25/2011 - 16:26 | 1205081 disabledvet
disabledvet's picture

just don't use it as money like the guy in Florida.  Get PERMISSION first.  In short "today i will pay taxes with pennies" because "sometimes i cry, too."

Mon, 04/25/2011 - 15:50 | 1204902 NOTW777
NOTW777's picture

wheres the dip?

Mon, 04/25/2011 - 15:57 | 1204936 LoneStarHog
LoneStarHog's picture

Which dip?  The CFTC has five of them.

Mon, 04/25/2011 - 15:57 | 1204962 mick_richfield
mick_richfield's picture

But those are already bought.

Mon, 04/25/2011 - 16:15 | 1205026 Dejean Splicer
Dejean Splicer's picture

You have to admit she got solidly spanked while trying to penetrate $50. Not even a challenge. Just an attempt to touch it and retreat. Real demand would have broke through with conviction. Or at least had multiple attempts.

Time to sell?

WGAS about margin? I thought all the ZHeeple were physical playas?

Mon, 04/25/2011 - 16:17 | 1205040 tmosley
tmosley's picture

You are a tosser.

Mon, 04/25/2011 - 16:21 | 1205055 Dejean Splicer
Dejean Splicer's picture

Just stating the obvious. But maybe that is what scares you.

Mon, 04/25/2011 - 16:26 | 1205083 homersimpson
homersimpson's picture

Nah. It just shows you're clueless. Many like you have come and gone.. and others like Math Man keep showing ZHers that ignorance exponentially grows with time..

Mon, 04/25/2011 - 16:25 | 1205086 tmosley
tmosley's picture

Who the fuck do you think you're talking to?

All you little shits think you're special because I single you out for beratement.  You're not.  You are just fucking stupid.  

Christ, it's like you're seven, and have never heard of "even number resistance".  Much less OpEx tomorrow.

Fucking retard.

Mon, 04/25/2011 - 16:38 | 1205136 akak
akak's picture

It's sad to have to kick puppies, but when the puppies have rabies and continue to try to bite, I feel very, very little sympathy for them.

Mon, 04/25/2011 - 16:41 | 1205149 Dejean Splicer
Dejean Splicer's picture

You can't handle the Splicer's right hook!

Put 'em up bish.

Come on!

Mon, 04/25/2011 - 17:13 | 1205284 tmosley
tmosley's picture

Funny that you registered the day after one of our other new trolls.

Sorry, you are too weak to even use the same username.  Enjoy your poverty.

Mon, 04/25/2011 - 23:09 | 1206496 Dexter Morgan
Dexter Morgan's picture

+100

Mon, 04/25/2011 - 16:26 | 1205093 High Plains Drifter
High Plains Drifter's picture

do you have any physical to sell at spot?  i am sure someone around here will be more than happy to take it off of your hands? 

Mon, 04/25/2011 - 16:37 | 1205132 Dejean Splicer
Dejean Splicer's picture

Why not just go to kitco.com?

You show many poorly planned websites who fail to manage inventory levels. Why no report on a few, well funded, always selling metal stores?

http://kitco.com

Buy all you want Drifter...

~D'jean

Clicky-clicky: https://online.kitco.com/bullion/completelist_USD.html

Mon, 04/25/2011 - 16:43 | 1205164 Dejean Splicer
Dejean Splicer's picture

Actually I think I may sell enough so I can have risk free profits and move the initial capital into some highly enriching uranium plays.

What about you? It's still metal so it shouldn't offend your delicate sensibilities.

http://seekingalpha.com/article/262292-uranium-stocks-worth-considering

Mon, 04/25/2011 - 19:25 | 1205716 Bicycle Repairman
Bicycle Repairman's picture

"move the initial capital into some highly enriching uranium plays."

 

LOL.

Mon, 04/25/2011 - 16:24 | 1205082 nope-1004
nope-1004's picture

I remember reading the same thing as it touched $36, bounced down, back up, then down, then sideways.....  Shit, I wish I bought more at $36.

$50 is nothing.  Just a psychological barrier.  The same will happen at $100 too, then at $200 and so on until the great theft through inflation is complete.

Mon, 04/25/2011 - 19:23 | 1205707 Teamtc321
Teamtc321's picture

I loaded at 36 also, hammered the bears hard on calls right in there and sold. Bought P.M's hard at 36 when everyone was saying I was stupid. lol. We have been hammering them since 28 in my group. 

Staying long horses, cattle, food, garden, water, solar, ammo, guns, blonde and PM>

Today's volume on in slv was wild, will be able to load more PM after the carry over from friday's call's. Getting a little wild right in here though, think I might watch till after the bernaked talk's. 

How does it feel JP morgue to know you are buying us sheeple our PM? LMFAO

Boooyaah bankster's bitchezz.

Mon, 04/25/2011 - 16:25 | 1205077 SheepDog-One
SheepDog-One's picture

LOL, and 2 months ago all the silver sourpusses said $30 just wouldnt happen.

Mon, 04/25/2011 - 15:50 | 1204903 Dr. Richard Head
Dr. Richard Head's picture

Expecting this to limit the upside of silver, at this point at least, is like pissing in the ocean and expecting coastal cities to be wiped out by the resultant flood. 

Mon, 04/25/2011 - 15:52 | 1204908 InconvenientCou...
InconvenientCounterParty's picture

The market response has been and will be a great indicator of underlying supply\demand.

Mon, 04/25/2011 - 15:51 | 1204917 uno
uno's picture

Good call, I have to imagine this is the first of a series of them since the front running was more intense than the last few.

Mon, 04/25/2011 - 15:53 | 1204918 disabledvet
disabledvet's picture

Let me guess:  "Larry Kudlow has no comment."  And "just where are you Gary Gensler?" 

Mon, 04/25/2011 - 15:55 | 1204926 Teaser
Teaser's picture

ZH used to be so awesome.  But now, they're off by 8 hours at a time.  How the hell is a day trader supposed to be able to trade anything, when Zh is off by 8 whol frikkin hours!

At least they're men enough to admit it.  Gotta give 'em that.

Mon, 04/25/2011 - 15:59 | 1204958 ziggy59
ziggy59's picture

ZH wasnt off...they called it 8 hours ago. The CME just released the info re: margin hike.

Mon, 04/25/2011 - 16:05 | 1204991 earlthepearl
earlthepearl's picture

ZH was saying all last week the Margin hike was coming. 

 

Mon, 04/25/2011 - 19:25 | 1205718 pacu44
pacu44's picture

Go Greenies

Mon, 04/25/2011 - 15:55 | 1204939 johngaltfla
johngaltfla's picture

Apparently the CME didn't read the memo from their masters at JPM correctly. It read "90%" not "9%"....

Mon, 04/25/2011 - 15:55 | 1204946 slewie the pi-rat
slewie the pi-rat's picture

ante up!  tyler!  you in?  adasmos, stf up and ante!  Homey--your deal!

Mon, 04/25/2011 - 15:59 | 1204952 Missiondweller
Missiondweller's picture

Long live Zerohedge!

Mon, 04/25/2011 - 16:04 | 1204959 Cdad
Cdad's picture

Man, the chutzpa...Zach Karabelle trying to ring the bell on metals commenting that he is taking profits because he has done so well in the PM momentum trade.  Excuse me, have any of you fellows ever heardthat moron say anything that is not one form or another of gold/silver bug bashing?  Now he claims he is a trading extraordinaire in the group.

The BlowHorn [CNBC] does nothing but lie, and pathologically so.  And so Karabelle selling his silver must mean buy...like no other buy signal, as clearly he is talking about his short sale and not his long liquidation.

Do these folks assume we all have Alzheimer's?

Mon, 04/25/2011 - 16:02 | 1204990 SheepDog-One
SheepDog-One's picture

Hmm, maybe Karabelle is Robotrader. Same style....bash something for months then claim you just rode it up but are now selling. Man, the chutzpah! No doubt he meant he is covering his short.

They clearly do think we're all retards, or just hoping everyone is really that dumb because thats just how much trouble theyre really in. Free whiskey, as much as you want!

 

Mon, 04/25/2011 - 16:28 | 1205107 Cdad
Cdad's picture
Did you say free vodka? I took brother Cognitive Dissonance's trade, Dog.  Sold short the vaunted NFLX this afternoon. Ummm...can you say "imperfect guidance?"  Long way down on this one...flix meteor baby.  Everyone that was bullish for the last three years...will suddenly be bearish, mortified, "shocked and surprised." With this one,  plus $9-$11 burritos rolling over despite the scheme of the s&P 500 dump into Average Joe's 401k...ummm....what is next in the world of perpetual  equity nonsense? Where is the next sure thing, Dog?
Mon, 04/25/2011 - 16:00 | 1204965 slewie the pi-rat
slewie the pi-rat's picture

no impact on the price of silver!  Hahaha!  i'd say we've got at least a reverse triple-lindy!

Mon, 04/25/2011 - 16:50 | 1205204 Dejean Splicer
Dejean Splicer's picture

How do you stop speculation?

Lower barriers to entry? No, you ra-ra-ra-riase them. Less speculation means more risk for those exposed.

Mon, 04/25/2011 - 17:34 | 1205357 slewie the pi-rat
slewie the pi-rat's picture

i was just joking that when they raise the vig, the price goes straight up, like, "parabolic"...

but, i have no problem with speculators, gamblers, arbitrageurs, options strategists, spreads, hedges,  whatever.  just don't confuse it with cash, carry, no counterparties. 

i advocate long US gold & silver coins.  and cash, supplies, etc.  i don't consider that exposed, but if you do, fair enuf. 

Mon, 04/25/2011 - 17:48 | 1205416 tickhound
tickhound's picture

"Less speculation means more risk for those exposed."

So when they lo-lo-lowered barriers to entry in the housing and internet bubbles... would that mean MORE speculation = LESS risk for those exposed?

Wait... something just isn't making sense.  Oh yeah, its your post.

 

Mon, 04/25/2011 - 19:15 | 1205683 Dejean Splicer
Dejean Splicer's picture

It was the initial purpose of the futures markets to lower the risk to those exposed (physical owners).

More speculators = lower risk for hedgers. The topic is CME and Silver margins implying futures exposure.

Oh, it's 7:15pm est and your still in school. Run along now, home to mummy.

Mon, 04/25/2011 - 21:28 | 1206212 tickhound
tickhound's picture

yeah right, thanks... I must have thought this was one of your bu-bu-bu-bubble posts.

btw - you're, not your

you must have been absent that day.

Mon, 04/25/2011 - 15:59 | 1204977 Platinum_Investor
Platinum_Investor's picture

What they don't understand is after 7 margin hikes it's not the speculators

as much as the investors world wide who is buying the silver.  People are lining

up to add some of their stash.

Mon, 04/25/2011 - 15:59 | 1204978 Quinvarius
Quinvarius's picture

Looks like the front runners of this announcement clipped a whole dime off the price.  LOL.  Man are they screwed.  Look at that volume on SLV.  I am sure it is all paper shorts.

Mon, 04/25/2011 - 16:04 | 1204986 What_Me_Worry
What_Me_Worry's picture

Now they can't even get silver to close red on the days they hike margins.  They should just hike margins to 100% and be done with it.

Mon, 04/25/2011 - 16:28 | 1205105 disabledvet
disabledvet's picture

easy there tiger.  little foreplay she say before "full...

Mon, 04/25/2011 - 16:07 | 1204999 earlthepearl
earlthepearl's picture

Cramer is now pushing Silver

@jimcramer: Keep Buying Silver! http://ow.ly/4GDi2

Thoughts?

Mon, 04/25/2011 - 16:19 | 1205061 TheGoodDoctor
TheGoodDoctor's picture

We'll see what the d-bag says tonight.

Mon, 04/25/2011 - 16:25 | 1205091 homersimpson
homersimpson's picture

A broken clock is right twice a day..?

Mon, 04/25/2011 - 16:34 | 1205125 High Plains Drifter
High Plains Drifter's picture

yeh i have a thought. i think i am going to throw up. i can't believe that hack is pushing silver now? 

Mon, 04/25/2011 - 17:22 | 1205310 bothsidesnow
bothsidesnow's picture

Defcon 1 silve bugs, Defcon 1. I repeat man your stations Defcon 1.

LMFAO

Mon, 04/25/2011 - 16:10 | 1205002 RobotTrader
RobotTrader's picture

Like I said, if the futures market went to all cash, silver prices would skyrocket.  Paper shorts would be run out instantly.

Today, the dollar volume traded on SLV was equal to about 27% of annual silver production.  That's about $8.55 billion of SLV traded, compared to 680 million oz. annual production at $46/oz. which is $31.3 billion.

Looks like the HFT bots are going wild on SLV.

LOL.....

Mon, 04/25/2011 - 16:18 | 1205056 centerline
centerline's picture

Going to be a perfectly smooth unwinding of SLV along the way I am sure!  LOL.

Mon, 04/25/2011 - 16:22 | 1205063 Robot Traders Mom
Robot Traders Mom's picture

yeah, that was hillarious. i'm glad you are laughing out loud.

Mon, 04/25/2011 - 16:23 | 1205071 TheGoodDoctor
TheGoodDoctor's picture

So, what did you do with the old RobotTrader. Did you finally throw in the towel on silver?

Mon, 04/25/2011 - 16:29 | 1205101 homersimpson
homersimpson's picture

No he's the same guy - always willing to predict the action.. AFTER it takes place..

Mon, 04/25/2011 - 16:51 | 1205200 Arius
Arius's picture

me too! i have the gift to buy low and sell high!

Mon, 04/25/2011 - 16:33 | 1205115 disabledvet
disabledvet's picture

take it off!  take it off!  (that would be the 'plunge protection' of course.)

Mon, 04/25/2011 - 17:20 | 1205303 bothsidesnow
bothsidesnow's picture

They went wild on Nov 9 also in the midst of 20% haircut this time it's a 40% haircut to $30.

Damn we if we could combine are avatars we wouldn't need any silver.

Mon, 04/25/2011 - 16:10 | 1205008 NOTW777
NOTW777's picture

the new normal - a silver "correction" means it finishes only a little green;

obama not spending as much is considered a "cut"

Mon, 04/25/2011 - 16:09 | 1205014 Homey Da Clown
Homey Da Clown's picture

As if silver was going up, now it will cost you more to even wipe your ass.

 

CINCINNATI (AP) -- Shoppers could soon see higher prices for Pampers diapers, Charmin toilet paper and Bounty paper towels.

Procter & Gamble Co. said Monday it raised U.S. list prices for those products because of rising costs for pulp, oil and gas.

The Cincinnati-based consumer products maker informed retailers of increases last week. Retailers will decide how much of those price increases to pass along to shoppers.

P&G said list prices for Pampers are up 7 percent on average, Pampers wipes up 3 percent, and Charmin and Bounty products up 5 percent. P&G said Luvs, its lower-priced diaper brand, remains unchanged.

Paper products rival Kimberly-Clark Corp. said Monday it will raise prices, after reporting first-quarter net income fell 9 percent on rising costs. P&G reports third-quarter results Thursday.

 

 

Mon, 04/25/2011 - 16:35 | 1205123 disabledvet
disabledvet's picture

i thought the price of natural gas was collapsing?

Mon, 04/25/2011 - 16:12 | 1205017 punxsutawney phil
punxsutawney phil's picture

This thing needs a pullback at this point.  It will be healthy to consolidate this move a bit before the next run.  Even with that news, is only 6% off the high.

Mon, 04/25/2011 - 16:27 | 1205102 SilverRhino
SilverRhino's picture

49.80 - 46.80 : This IS the pullback ... 

and it will last for about 48 hours tops the way things have been running.

 

Mon, 04/25/2011 - 16:11 | 1205021 sellstop
sellstop's picture

I don't think the exchanges raise margin requirements to slow the rise. They raise margins to protect themselves against a decline.

gh

Mon, 04/25/2011 - 16:13 | 1205028 Captain Planet
Captain Planet's picture

This is just the cover till they try to push it down below $40 after Wednesday's whatever the fuck will be puked out by the chairsatan.
This volatility sure is fun though! Holding the precious is fun too.
Also makes watching cnbs talking heads quality entertainment for the not-so sober moments.

Mon, 04/25/2011 - 16:13 | 1205029 sellstop
sellstop's picture

Can you imagine the pain of the silver longs getting locked into a limit down market.

AAAAUUGGhh!! The humanity!!

gh

Mon, 04/25/2011 - 16:21 | 1205058 punxsutawney phil
punxsutawney phil's picture

No limit no mo'

Mon, 04/25/2011 - 16:13 | 1205032 kevinearick
kevinearick's picture

Source Code:  Time Travel

The answer to the traveling salesperson problem is the traveling salesperson of traveling salespersons.

Think about enterprise architecture from the perspective of the traveling salesman. Efficiency is the shortest path between two points only in a dying system. You want to collect the pieces of your gate system at the greatest benefit/cost at maximum effective risk. Standing in line for scarce resources is not the answer. Those that got out of the portfolio model and into the $US/Canadian, 30 year bond, oil, and then silver as suggested are now way, way ahead of the markets. That’s the past. Now, invest wisely in the future.

Present day tactics are a function of future strategy, which focuses the looking glass over time. Quantum physics nets out time. Clarity is a function of distance. What is the distance on the timeline between yourself and others?

OK, so, I have spent my life on the road, in planes, trains, buses, and autos, exchanging information with all types of people in all types of places. Who is stupid, me for being the homeless guy standing on the side of the road with his thumb out, depending on the kindness of strangers, or the people speeding by the superintendent of global enterprise architects, racing to reach the comfort of their artificially manufactured addictions.? Effectiveness versus efficiency is a short-term/long-term looking glass. Seek clarity and balance before settling into the “reality of any track. Balance, balance, balance, with an exit gate, and direction before speed, always.

The point of the Supreme Court case was to begin cauterizing the Family Law gate system, to begin turning the global IC economy in on itself, as the intent of Family Law was simultaneously exposed across the Internet, creating the necessary positive feedback to weld the parallel in place. Because the legacy sexists cannot admit participation in the ignorance racket, much less correct their behavior, ignorance spread like cancer across the empire and paper profits to hide the fact grew like a virus.

Quantum physics tells you that a counter-force always develops in orbit around such nuclear black holes, with a much smaller, more adroit population serving as the lever on the other side of the virtual fulcrum, in a random distribution relative to the nucleus, to avoid detection and grow the semi-neutral center of the resulting circuit.

The most powerful navy is operated by effective families of necessity, because a real economy requires the associated real durable, durable goods orders to create effective tradable surplus, and the most powerful navy has set the course for millennia due to its ability to contain. The diluted US Navy is now being overwhelmed by Internet activities in a newly minted dimension, which will ultimately result in the navy of the next empire. The kids are going to space, with or without, and the name on the side of the vessel is irrelevant to them.

There are roughly 50 million parents acting randomly relative to the old dimensions, but with a unified mind in the new dimension, developing the navigation system for the new enterprise, collecting the necessary “real estate” for 25 cents on the dollar and investing the rest in required family skill sets. Do you work for Caesar (the computer) or does Caesar work for you?

Empires maximize debt, and we installed all kinds of delay mechanisms / make-work in the US economy to drive the USSR out of business, but the resulting efficient global IC chip economy needed to be replaced with the resulting peace dividend, which never happened because a whole lot of ignorant people got greedy, as they always do, when they saw the potential of the ponzi casino.

Family Law creates the AC empire economic cycle, favoring males when net investment is required and females when net consumption is desirable. Consumption with leverage, Fed monetary expansion w margin control, accelerates the stock market. Women were already being brought into the nexus labor market to leverage immigration, the university compliance HR network system was diluted 100:1, and everyone got make-work jobs, in an unsustainable, disposable, exploitation, scarcity economy, driving wages down, real estate up, and off-shoring the remnants of the real economy to cheap foreign knock-offs of the American Enterprise System, which are now accelerating much faster into the implosion because they have fewer delay mechanisms and exist beneath the reserve currency being floated by the global pyramid scheme called The Imperative.

Legacy is now placing its last bet on pushing monetary policy through Microsoft and Boeing, which are the two dumbest corporations in the system, because they are completely subsidized and controlled by the US Government, which is demonstrably incompetent, each with plenty of programmers, assigned to do what they did yesterday, faster today. If you want to see the affect of misguided and misspent youth over the course of the last two generations, visit downtown Seattle; talk about the blind leading the blind… .The universe is in the business of creating new dimensions faster than the old dimensions may be re-computed, which is why you must forego the past to enter the future, but once you do so you can affect both the present and the past.

If you want to learn to program, get out on the road and gain clarity of purpose first. Critters tend to be lazy, impulsive, and resistive to change. Act accordingly.

Mon, 04/25/2011 - 20:18 | 1205999 Gold 36000
Gold 36000's picture

Isnt this how the arizona shooter talked? In that incomprensible speech pattern? Not saying you are a shooter or nothing but this is the disorganized speech pattern of someone who needs some medications.

Wed, 05/11/2011 - 14:06 | 1264094 tip e. canoe
tip e. canoe's picture

in kevin's 11 paragraphs, i did not notice 1 sentence fragment or misc. grammar error.

in your 3 sentences, i found 1 sentence fragment (#2) + 1 misc. grammar error (#3).

nice try sport.   hope you didn't make more than fifty cents on that one.

Mon, 04/25/2011 - 16:13 | 1205033 BlackholeDivestment
BlackholeDivestment's picture

..more of a Telegraph Road down Bohemian Rhapsody than a telegraph punch ''in a short'' boxing match. http://www.youtube.com/watch?v=gjJzlIedCuo&playnext=1&list=PLAAECE47AF4C66D93 

CME: Creepshow Management Ex(Change)Position)

Mon, 04/25/2011 - 16:13 | 1205034 Bay of Pigs
Bay of Pigs's picture

ZH is light years ahead of the coming financial madness.

The CME is a pitiful joke. Pay no attention to those clowns and just BTFD.

Silver will take out $50 soon enough. Then it's Blue Sky...

Mon, 04/25/2011 - 16:16 | 1205036 slaughterer
slaughterer's picture

C'mon, the impact will be felt tomorrow.  We all know that.  Hope the Asian traders get the memo, and sell off their weekend splurge positions in a panic at a nice loss.  I would like to see a nice dip here, to cover my shorts, and start a new long position.

Mon, 04/25/2011 - 16:34 | 1205117 SheepDog-One
SheepDog-One's picture

Sure the demise of silver again declared by the sourpusses....and silver is not even negative for the day on the news. Buy it hand over fist, bitchez, margin means nothing to me! You wont have a chance to sell any dip because there wont be one.

Mon, 04/25/2011 - 16:19 | 1205038 slaughterer
slaughterer's picture

Silver will sink like a leaden turd on this news.

Mon, 04/25/2011 - 16:23 | 1205070 Magnix
Magnix's picture

Are you Chinese? Ill shoot you in the leg for saying that.

Mon, 04/25/2011 - 16:31 | 1205088 lieutenantjohnchard
lieutenantjohnchard's picture

hey forgetful, you were the one complaining earlier today about zh being a 24 hour silver pump site. now i see you posting yet again on a silver thread talking about silver.

you must have made a buck on a put. so you're happy. now it's ok to talk silver. guess you'll complain about zh being a silver pump site if silver goes against you tomorrow.

what a jake leg.

Mon, 04/25/2011 - 16:34 | 1205119 slaughterer
slaughterer's picture

We would just prefer it if ZH pumped when we are long, and dumped when we are short.  As it is, there seems to be an irritating non-synchrony between the ZH articles and our positions.   We will be looking into this problem shortly.

Mon, 04/25/2011 - 16:42 | 1205153 disabledvet
disabledvet's picture

damn truthy types.  always outraged and never actually conspriring.  of course "which conspriracy do we prefer?"  there are so many.  i'm an alien...from Mars actually...myself so "now you know my bias."  i recommend you "watch out" because "we're coming for you."  i have a particular eye for Maria B myself.

Mon, 04/25/2011 - 16:41 | 1205161 lieutenantjohnchard
lieutenantjohnchard's picture

sounds like you're an emotional trader what with getting upset with a third party rather than focusing on the trade right in front of you eyes.

Mon, 04/25/2011 - 16:47 | 1205191 tickhound
tickhound's picture

Stopped reading at "We"

Unwise to take advice from anyone who can't think for himself.

 

Mon, 04/25/2011 - 16:54 | 1205214 slaughterer
slaughterer's picture

Need more than one to man the trading desks, my friend.

Mon, 04/25/2011 - 17:08 | 1205260 tickhound
tickhound's picture

ok that's fair... so you all drink the same coffee then?

Mon, 04/25/2011 - 17:10 | 1205272 Crisismode
Crisismode's picture

Not when that trading desk is your very own.

Mon, 04/25/2011 - 16:17 | 1205041 AC_Doctor
AC_Doctor's picture

The Crimex margin rate hikes are having less and less of an effect than when we were in the 30's.

Mon, 04/25/2011 - 16:17 | 1205048 Tense INDIAN
Mon, 04/25/2011 - 16:22 | 1205064 High Plains Drifter
High Plains Drifter's picture

i want to see it blow past 50 , then we can have our much overdue serious correction that is needed to build strength in the bull market. .........

Mon, 04/25/2011 - 16:29 | 1205113 c-rev with a twist
c-rev with a twist's picture

Yes, 53 or so would just about do it.   

 

p.s.  I like your movie, Josie Wales.

Mon, 04/25/2011 - 16:37 | 1205141 High Plains Drifter
High Plains Drifter's picture

now take them pistols out butt first. move real slow, like molasses in the wintertime....

Mon, 04/25/2011 - 17:37 | 1205368 thames222
thames222's picture

Oh, it will--I'm waiting for 55, and then I'm probably still holding.  love my physical.

 

www.forecastfortomorrow.com

Mon, 04/25/2011 - 16:23 | 1205072 AC_Doctor
AC_Doctor's picture

How convenient for the big bank shorters-one day before options expiration. Who runs the COMEX?  ohhh yeahhh, I forgot, JP Morgan...

Mon, 04/25/2011 - 16:25 | 1205076 riley martini
riley martini's picture

 The big buyers are in China not Chiago . The Fascist of Omaha Warren Buffet hs been in Asia telling all their investors not to invest in USD denomated assetts . Probably due to fascist corrupton by criminals like the fore mentioned Fascist WB. More flight from the FEDS attempt to paper over fraud and corruption. I thought they would wait until after the option x.

Mon, 04/25/2011 - 17:46 | 1205399 Zero Govt
Zero Govt's picture

"..the Fascist of Omaha.."   + ;)

Mon, 04/25/2011 - 19:24 | 1205723 DosZap
DosZap's picture

riley,

don't forget India, they are neck and neck w/China on the Slvr Train also.W/ the exception of Japan, most of the Pac Rims are chasing it like no tommorrow.

Crimex just does not get Supply and Demand.

They might, if they understood Capitalism.

Mon, 04/25/2011 - 16:26 | 1205096 JohnG
JohnG's picture

Karl starting to like metals????

http://market-ticker.org/akcs-www?singlepost=2523552

Walk to the light Karl, the light.

 

(mentioning gold around 5 years ago got me banned.....)

Mon, 04/25/2011 - 17:22 | 1205317 Crisismode
Crisismode's picture

Just listen to his drivel, he is STILL bashing the PMs.

Mon, 04/25/2011 - 18:40 | 1205443 akak
akak's picture

Just for that slur, I BAN YOU!

You have no more posting privileges in my intellectual gulag of a forum.
Please return your striped uniform, and report to the delousing showers immediately.

Sincerely,

Karl

Mon, 04/25/2011 - 16:27 | 1205097 Bastiat
Bastiat's picture

Yeah, every cheap stunt they can -- but they are utterly screwed because DELIVERY IS A BITCH without mercy!

Mon, 04/25/2011 - 16:36 | 1205134 SheepDog-One
SheepDog-One's picture

They can whine and squirm all they want but Ben cant print silver.

Mon, 04/25/2011 - 17:27 | 1205329 tomster0126
tomster0126's picture

Braveheart voice:  "They can hike our rates...but they can't take our gold!!!!"

 

www.forecastfortomorrow.com

Mon, 04/25/2011 - 16:29 | 1205100 bolen
bolen's picture

Silver bullet will kill the ghoul-like market melt up

Mon, 04/25/2011 - 16:32 | 1205106 goldenrod
goldenrod's picture

This is the top in silver.  I agree with Bob Moriarity. http://www.321gold.com/editorials/moriarty/moriarty042511.html

Sell silver and buy gold mining stocks.  If you are not a good stock picker, put 50% of your capital in GDX and 50% in GDXJ.  The era of gold mining stocks underperforming gold is rapidly coming to an end.

Buying or holding silver now is like playing with fire.  I got out of CDE and SLW two weeks ago on Monday.

Mon, 04/25/2011 - 16:35 | 1205127 SheepDog-One
SheepDog-One's picture

Bob can go suck a dick as usual... you must be calling for a big rise in the dollar? Sorry, I just dont see it! All FED comments will be dollar destructive, PM's will continue to go up, thats all.

Mon, 04/25/2011 - 16:46 | 1205171 tmosley
tmosley's picture

With a name like Moriarty, he HAS to be legit!

Mon, 04/25/2011 - 17:39 | 1205375 oddjob
oddjob's picture

Poor Bob is getting absolutely hammered on his short Silver position.

Mon, 04/25/2011 - 17:44 | 1205403 akak
akak's picture

That bitter old arrogant blowhard Moriarty and his endless bashing of silver sounds eerily like Jon Nadler with his incessantly deceitful and idiotic campaign against gold.  Both are just demonstrating a very ugly emotionalism and a disingenuous PM-bashing agenda.

Mon, 04/25/2011 - 18:13 | 1205483 goldenrod
goldenrod's picture

If you want to see ugly emotionalism look at your own response and the response of other people who replied before you.

First of all, I am not calling for a rise in the US $.  I just agree with Bob that silver has gone up too much, too quickly.  Apparently you guys are not even willing to consider the possibility that he may be right.  None of you have responded to his arguments.  You are just making personal attacks and using pretty abusive language. How intolerant of you.

Mon, 04/25/2011 - 18:28 | 1205549 akak
akak's picture

First of all, I am not calling for a rise in the US $.  I just agree with Bob that silver has gone up too much, too quickly.  Apparently you guys are not even willing to consider the possibility that he may be right.  None of you have responded to his arguments.  You are just making personal attacks and using pretty abusive language. How intolerant of you.

Firstly, I have seen few if any posters here suggest that silver can NOT drop in the short term --- that is a strawman argument and you know it.  Secondly, that is NOT the story that Moriarty has been pumping --- he has been calling for not just a severe correction in the price of silver, but a permanent one.  Moreover, he has repeatedly and at times outright savagely attacked, both personally and en masse, the advocates of holding silver, using both insulting and puerile language and arguments that increasingly just make him a laughingstock and a Nadleresque figure of contempt.  Nothing that has been said regarding Moriarty here today comes anywhere close to the heated vitriol and rage with which Moriarty has publicly vented his irrational and wildly emotional hatred for the proponents of silver.

Mon, 04/25/2011 - 19:17 | 1205643 goldenrod
goldenrod's picture

Firstly, I have seen few if any posters here suggest that silver can NOT drop in the short term --- that is a strawman argument and you know it.

Sure, most people here agree that it can drop maybe 10% for a few days.  But if you suggest that it could drop to low 30s and stagnate for a few months or a year you will be called a troll if not other even more unpleasant names.

I am not familiar with Bob's history of attacking silver bulls.  But just because you don't like the man, does not mean he is wrong.  So, once again, which of his arguments do you disagree with and why?  Do you agree that an asset that has gone parabolic is dangerous to buy?

 

 

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