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CNBC On The Case For $130 Silver
Nothing new for regulars here. Yet the fact that CNBC, following Cramer's endorsement of gold, is now apparently pushing silver on retail is very troubling: can't the fast money crew just stick with pitching Netflix or some other widowmaker to their demographic. That said, since per Nielsen, said demo did not even register in recent surveys, we are not all that concerned. That said, the people still demand Doug Kass to appear with an immediate rebuttal how he is all in short silver, just to neutralize the suddenly disconcerting feng shui.
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those US warships were in position in the mideast way before any uprisings. they are in position as a precurser for an attack on iran. i'm sure the iranians are not as stupid to see how all this is unfolding. if not for oil, those ships would not be there!
times are getting desperate so bubbles must be blown...
it's a hoax! JPM knows that CNBC is a contrarian indicator. JPM figures this is the only way the sheeple will sell, driving the price lower. DON"T DO IT!!!!!!!
Silver to $100 is a safe place for money... for some sort of nominal return... Silver @ $30(ish) is 100's of % ROI in the next 12 and going forward... given the FED is selling / buying the most in 5 and 7 year bonds that (is when I would guess) a / the rocky patch will be.
Gold $2,000
Silver $100
Anything under those numbers is way safe and even at those number there is still profit to be had, but dont be a hog... buy before the numbers jump and hold... let the idiots sell / buy the dips.
Buy early, buy low...
Smart move. Yes.
Quoting JW n FL / GLP ^TrInIty^
Gold $2,000 Silver $100 Anything under those numbers is way safe and even at those number there is still profit to be had, but dont be a hog... buy before the numbers jump and hold... let the idiots sell / buy the dips. Buy early, buy low...
Your financial advice is about as wo-wo as the forum you own, moderate and control. Perhaps you can explain the concept of "buying early and low". I don't think the silver / gold $100 / $2000 prices are low (at least for a year or two). As for being "a hog"... well ??? "Buy and hold" surely buying metals at this time is hardly for use in exchange! According to you Gold $2,000 Silver $100 we are in one almighty dip.
Are you qualified to give financial advice? Somehow I think not! Go back to wo-wo land www.godlikeproductions.com the sheep need their shepard (and god!)
Average person will still buy SLV instead.
The last guy made an accurate observation that the biggs are draining the physical out of SLV under the radar. Over the casual listener's head.
Silver will see $130. barnake prints. The dollar is crud. Silver will be the only play. It will. The concensus on zH says it's so. fergit cramer. he's a short timer.
You trying to redeem yourself Billy? Don't tell us you get it and are no longer trying to corner the paper market?!
GG the best PM risk-reward play right now . . .
Public may be too "into" Ag (dunno, am long it too)
I won't sell my silver until Cramer says it's going to $130.
Then i'm out, and going long NFLX.
Silver to $130? But WHEN?? By the end of this year or by the end of this century?
Triffels. You can't have enough!
US military intervention on the cards re: Libya...tasty
In Telegraph, google link
Boom! Oil going to 100+, silver up, gold up, inflation up, endgame kicking in...sh*t is getting bad. 2011 global economic beat-down.
US an inflation export machine...viola
Mayan 2012 prediction could come true after all. The end of the world as we know it approaches.
dunno know about that...but everything comes to an end...
then somthing new starts up. study history.
Wait, the maroon at the end states that some people are buying SLV and demanding the physical. Say what? SLV is not physical. If you want physical you buy physical. And what the hell was the joke at the end. Nervous laughter or "I have no clue what to say to that" laughter?
Big boys are buying SLV shares and redeeming for Physical to bypass the comex. I think minimum for redemption is 100,000oz but not sure.
50,000 share blocks - right there in the prospectus. You can track the current holdings here:
http://us.ishares.com/product_info/fund/overview/SLV.htm
SLV owns only physical silver, see, that's the thing, despite what you've been misled to believe.
It's also a handy tell for when there's a real silver shortage - you'll see SLV trade at... wait for it... a PREMIUM - as the creation mechanism breaks down when guys can't find silver to deliver to the Trust in exchange for new shares, while simultaneously shorting SLV.
Smart move. Good trade.
LMFAO
I junked myself LMFAO
Cycles favor dollar short term upswing, and that would be in line with a horrible month for the EURO in march..(elections etc)
http://www.marketoracle.co.uk/Article26286.html
http://www.marketoracle.co.uk/Article26439.html
I can't watch for fear that my logic sensors might lock up. Tell me they're actually talking up paper silver.
Today is first notice day for March COMEX Silver futures which is the start of "will they or won't they", default that is.
Many veteran metals players are not expecting default in this series. In nearly ALL past expiration cycles, Silver has been smacked over the head going into expiration and the specs fled like scared rabbits. "They" (the cabal) tried last week after the close on Thursday to get another waterfall collapse started, the collapse reversed just as quickly as it started. The powers that be were stuffed which makes you think something is very different now.
We have heard stories of contract owners being "bribed" with 25% premiums to let their contracts go into paper settlement and forego the physical off take. I have no proof of this happening but it would not shock me enough to wake me from a shallow nap. We also have been watching the inventory levels move up and down with a long term downward bias. Are the inventories real? Who knows? I haven't bothered to check but I would like to know the actual audit process and who does it.
In reality it really doesn't matter unless you are day trading and have margin that can force you out of the position.
Whether the default is now, May, July or whatever does not matter, what does matter is that you KNOW it is coming. As long as you KNOW it is coming and WHY it mathematically has to come, the "when" doesn't matter as long as you are positioned correctly and cannot be forced out.
This is where we are now, you MUST be positioned in the physical AND the PM shares to take advantage of an obvious situation that even a child can understand.
"They" did it to themselves by over selling paper obligations with no hope of delivering even 10%.
It finally looks like the paper shorts are receiving their own paper "Waterloo" with this expiration. The actual default may be postponed but it smells like it is arriving!
"How is it possible that there is no money on the streets while the Fed creates $ Trillions?"
Think about it, money "on the street" is actually scarce and the masses are being squeezed while money is actually overabundant.
Dollars have been concentrated into a bankrupt banking system to save the day. It is quite a dichotomy, interest rates are down and the U.S. Treasury and banking system has been given a blank check issued by the Fed while at the same time Joe Sixpack has to decide whether to buy rice or pasta to feed his children.
Another way to look at this is that Dollars are very plentiful and are thrown around by government and institutions like they have no value at all while the average person scrimps and scrapes to attain scarce and very valuable Dollars just to survive another day. History will look back on the current time frame and ask how it was possible for this grand lie to last as long as it has since it is (and has been for quite some time now) so obvious that the system is untenable, unstable and bankrupt.
Some little boy in the crowd will point his finger and tell it like it is, The King is buckassed naked!
via www.lemetropolecafe.com
I hope you cut and pasted that. It's more than a mind can endure. You must be a disciple of that abortionist tmoseley.
Who's tmoseley? Is he the one that performed the abortion on the goat's asshole that you were spawned from?
Isn't there an unborn child needs your murdering?
Isn't there a thread that needs your diarrhea all over it?
Oh wait, we're in it.
Sacriledge, can we please, for the love of God, get an ignore button? People like this contribute absolutely nothing, and only disrupt legitimate conversation.
It was so much fun before you arrived and turned the blog BROWN.
Hurr dur hur.
Drive by troll has nothing better to do. Isn't it past your bedtime?
That was more than your feeble mind could endure.
When it comes to the topic of abortions, when you open the pamphlet on the pros and cons of going ahead with the procedure, there, listed at the top the pros column is your picture. You've made it as the pin up boy.
Bill Murphy head of GATA and the Man on gold and silver, for the past 12 years, interviewed...
http://radio.goldseek.com/nuggets.php
Oh great, this clown is backing silver now!?? WTF bylthe, you are pulling out all the stops on this one aren't you. Well this should be good for a push to 36.50! Which equates to around 210-230 in AGQ!
FYI, my favorite John Stewart interview of all time.
http://www.huffingtonpost.com/2009/03/13/jim-cramer-on-daily-show_n_174558.html
Cramer v Kass. Hmmm. It's not a challenge of the mind. It's not a battle of brawn. WTF is it?
I imagine their ear pieces going off 'abort! abort!' right after the sell SLV buy physical at the end.
Melissa Lee obviously had never heard the word "physical" before as all she could muster was a lame Olivia Newton John reference.
The comparison to the early 80's is not so good, eh?
I hate to say it ...... It is different this time... No?
umm...yes. US was a net creditor in 1980 and is now, oh, the world's largest debtor. Volker got interest rates above inflation...20%. Imagine how that will go this time around.
So, this time is not really different...read 800 Years of Financial Folly...banking crises are followed by sovereign debt crises.
Notice how the panel acted like someone just farted when that guy mentioned physical, and then he asks "what did I miss?" He's either a giant among 8th graders or doesn't understand the rules of the game.
BTW Cramer never advocates buying physical either. To him it's ETF's or Agnico-Eagle.
If people get their financial advice from that douchebag of a panel they need to do society a favor and shoot themselves in the head and not reproduce. Other than the brief "ah hah" moment that suddenly mentally crippled the rest of the panel right at the end there, they must really think americans are retarded by putting together this panel that is best fitted for jersey shore part deux.
"they need to do society a favor and shoot themselves in the head and not reproduce."
Not necessarily in that order?
Fuckin A...please keep in mind these CNBC dolts don't know anything about silver, especially the "why" part. They'll be hemming and hawing about a "bubble" all the way to $100-130.
Cramer is a douchebag. He'll be saying to short it before long.
Accumulate Bitchez...
You are on the same side of the trade as Cramer. Do ye two share a public bath I might avoid?
Hey MiddleFinger,
Nice to see you're back trolling here again on a steady upleg for gold/silver. Personally, I don't care what you or Cramer says.
How those PM shorts workin out for you Big Shot?
Not so good...
Cramer says silver's going up. Silver is the trade of the year. I'd listen if I were you.
And Eric Sprott says it's the Trade of the Decade. So who you listening too? Oh that's right, Karl D, Jon Nadler, and Doug Kasshole.
Silver is the trade of a lifetime. You cant have enough. Buy more.
I understand that you have some for sale at $20, wrap up $15,000 worth for me...
<crickets chirping>
The sad thing about all of this is, if History is any guide (and really, what else is it?), there will come a time where ownership of silver and gold will be made illegal again. If I live to see it, I'll probably be somewhere between 75 and 90 years old and possibly to weak and frail to do anything about it.
are you 74?
Throught most of human history gold and silver have been money. How much of that time have they been illegal?
I don't know if it's a history book you need or a Common Sense For Dummies manual.
You could hear crickets at the end of that segment. The panel wasn't supporting the analysis. Until I hear the Fast Money dipshits bullish on silver, I remain all in.
everyone and his cousin are on the inflation trade, and that's the groupthink for now. What happended to the guys in the deflation camp last May?
Notice how the first thing she relates the word "physical" to is Oiliva Newton John. That's how obsolete physical has become to paperbugs.
If I were on the show, at that point, I would've plunked down a Silver Maple Leaf!
If you bought a share of GLD and SLV the day SLV started trading... They are both up the same % today. The ratio is the same now as it was then, silver just lagged.
In other worlds silver has just caught up to the ETF demands gold enjoys.
video is blocked from facebook
The other side of the trade.
One money manager was saying "short precious metals"
Let's see who will be right...
http://www.cnbc.com/id/15840232/?video=1783718443&play=1
Silver at $130. Rice Krispies $24.50. Egg McMuffin $39.95. Sunday Newspaper $21.00. Haircut $129.95. Gallon of regular gasoline $18.49.9. New Corvette $239,645.00. Condo in Florida $130.
When Jimmy Carter was President you could buy a new car or truck for $3,000 US Dollars. Now a comparable vehicle will run you $30,000.
I bought my first car for $575. 1967 GTO. Still runs but no a/c.
no one gives a flying fuck.
I would give a flying fuck to Superman!
Don't worry, due to hedonic adjustment there has been no inflation.
"Revolution in Egypt: PRICELESS!" Now "stick that on your master card, phuckers!"
CNBC guys talk like a WWE or football commentators.
I believe their disclaimers are "For entertainment only"....
Don't watch it but I take your word for it.
wtb,
LOL - you know I junked you and it increased 3 from 4 to 7 then tried on two other posts of yours and it increases in increments of 2.
is there a conspiracy ??????????
Sure, these people will get on the silver bandwagon and rush out to their financial salespeople...er..advisors, who will quickly steer them into something else, or into some bad ETF for a quickie commission.
You're right. The peeps should do what you do.
What do I do?
Not what you say not to do.
What is this? An Abbott and Costello routine?
God those people are stupid. I really have woefully under-performed in the markets with this as my competition.
Hey willy the bastard ,why don't you just fucking go lay down and behave,you fucking piece of shit.
Today I was thinking one of the reasons I know silver is a lock is that the mainstream is ripping on it so bad. Now they dig it. Good move, Blythe, but predictable. Buying physical for my sixshooter.
umm ZH is lending credence to CNBfail and Cramer why?!
Because all three of them are smarter than you. How's that Sparky?
Such a Bastard!
oh yeah, it all makes sense now, the site that constantly (rightly) berates these tools now draws attention to the drivel they spew because they are smarter than their article commentators.
fucking brilliant, even for a mental midget troll as yourself.
Gold, Silver & Oil stealing the headlines. But what about Palladium and cold fusion flying under the radar?
Our scienticians booted the computer and fed the raw market data in line by line. The table the printer was on shaked as the data came back onto a graph paper and our head actuary peeked at the results with his magnifying glass and announced that according to our computer it is 99.999991% probability that Silver will hit 400$ by this time in July.
Of course the boys in the trading pit were hootin and hollarin. Pumpin there fists in the air today. We bought silver on the close friday. Cramer is a smart man
Sell!
rook takes queen. check.
These fucking Fast Money assholes do a major disservice to their viewers
http://www.silverhoarders.com/content.php?731-Peter-Schiff-on-CNBC-02-28...
Of course anyone watching them regularly deserves it.
Yes because Peter Schiff can't tell them to the exact second when the dollar will collapse their "viewers" will tire of him being right.
All 7 of those viewers will suffer I guess.
Silver back over 34.00 at the moment.
Bu bu but...I was told by a hoary sage on this very website (and thread!) that Silver was going to $20! My world is crashing down around my ears! :>D
Fast Money crew being paid to be contrarian contrarians.
FED and TBTF banks desperate to crush PM's.
There are no definitive numbers as to how much Silver has been unmined from known inventories worldwide. 48 bn ounces have been mined in human history. The variable amount which has been effectively discarded is really the icing on the cake. As I have read through the thread I have noticed that nobody mentioned Harvey's entry for the 28 of February. He asserts that there is no Silver in Silver Dealer inventories. If the fraud has indeed been finally exposed at the comex a 470% move in the price by the end of this year as CNBC asserts is not outside the realm of possibility. the Au/Ag ratio is skewed. I'm diversifying a bit at 10. I think it will fall a bit lower.
A gsr of 41.47 be intolerable; intolerable i say!
parity
They're seeding the pool. A year from now, they can pull out that clip and say
"Yeah, we were right about Silver, weren't we?"
late night silver
34.14 $
One thing I've noticed is the common question being raised in articles and interviews to mining CEOs "are you hedging" or "when will you hedge." The CEOs have been saying, the several that I've seen, they have no plans whatsoever to hedge. But these charlatan "analysts" want to paste into their headlines "Big Precious Metals Hedging Begins" so that they can ramp up the propaganda. They will continue to be disappointed.
The FED and Treasury are working to reduce the amount of physical dollars in circulation. They know that physical PM's are being purchased mostly in cash. There is only approx 1000.00 in dollars per person available in the US. The remainder is being circulated around the rest of the world. Failure to introduce the new 100.00 bill is part of the plan. They can maintain control if everyone is forced, for lack of physical dollars, to have to purchase silver bullets and golden daggers in digital money.
The following trolls will now have to establish new screen names:
BiggerDickus
AppallinSmells
MethMan
William the Bastard.
Please submit new screen names to me for approval no later than 3PM tomorrow. Jamie IS NOT pleased by your performance
This is perfect. Cramer gets on board silver in wave 5 of 5. I'm selling at $36. LMFAO!!!
got to love AJ, he knows how to keep a gaggle of gals on the edge where few woman are prepared to dice, AJ's appearence on the view just may have perked at least a couple more of them pointy ears maybe just a little primed for another perspective. Infowars has away of holding your attention long enough to hear just a wee bit more.
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