• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Commodity Plunge Resumes (Updated)

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Thu, 05/05/2011 - 10:39 | 1243127 HamyWanger
HamyWanger's picture


Question to silverbugs: how does it feel to lose 25% of your life savings in 72 hours? 

Thu, 05/05/2011 - 10:37 | 1243132 Creed
Creed's picture

come on oil keep a droppin'

Thu, 05/05/2011 - 11:17 | 1243359 traderjoe
traderjoe's picture

@Hamy - usually I've liked your stuff but maybe you are a troll after all. 

* 82 junks. Never seen that before. 

Thu, 05/05/2011 - 11:32 | 1243456 Kyron95131
Kyron95131's picture

if hamy and harry are the same, then yeah hes king douche.

the frustration i get from reading his senseless blather is tantamount to trying to explain macro economics at a monster truck jam.

Thu, 05/05/2011 - 11:58 | 1243560 ZapBranigan
ZapBranigan's picture

"trying to explain macro economics at a monster truck jam"

-Nice

Thu, 05/05/2011 - 14:16 | 1244217 Ahmeexnal
Ahmeexnal's picture

Well, I bought some more physical yesterday. And will keep buying irrespective of price movement.

I usually get my physical below spot, except for rare/special coins.

Current blowout prices are great for buying bars/bullion.  You have to thank those shortminded idiots for this opportunity.  Supply is running short, a clear indication that the effects are not those desired by TPTB.

They have only accelerated their own downfall by means of their uncalculated, desperate, criminal actions.

 

 

Thu, 05/05/2011 - 14:31 | 1244283 Arthor Bearing
Arthor Bearing's picture

To Hamy: Silver will have to drop $5 more per oz before it reaches its price from four months ago. Anyone who invested in silver at the beginning of the year, at this point in the drop, will still have made returns of over 10% if they sold now. but it would be foolish to sell now

Thu, 05/05/2011 - 16:01 | 1244808 What does it al...
What does it all mean's picture

Told you people will get hurt, ZH...  Not resonsible at all!

Thu, 05/05/2011 - 17:06 | 1245190 UninterestedObserver
UninterestedObserver's picture

Not resonsible - thanks Scooby Doo

Thu, 05/05/2011 - 11:57 | 1243569 LowProfile
LowProfile's picture

Boy, are you an asshole.  Many of my family are big fans of monster trucks, and they get "more dollars printed = dollars buy less stuff" instantly.

It's the Ivy League douchebags that don't get it.

Better drop your elitist 'tude, because it's only going to net you higher prices at the local farmer's market (where everybody will soon be shopping, because JIT delivery will collapse with everything else).

Thu, 05/05/2011 - 12:08 | 1243635 High Plains Drifter
High Plains Drifter's picture

yeh , monster trucks. man that is family entertainment for sure....ha ha ha

Thu, 05/05/2011 - 13:48 | 1244106 Rynak
Rynak's picture

251!

This is bullish!

Thu, 05/05/2011 - 13:51 | 1244109 akak
akak's picture

Yeah, monster truck rallies --- good wholesome family fun!

Right up there with cock fights, shooting up roadsigns, brewin' up a batch of moonshine, blowing up possums with M-80s, and wife beating.  Woops, that last one is stictly for the adults.

Thu, 05/05/2011 - 14:20 | 1244233 Ahmeexnal
Ahmeexnal's picture

Don't forget cow tipping.

Thu, 05/05/2011 - 14:38 | 1244300 tekhneek
tekhneek's picture

(and NASCAR)

Thu, 05/05/2011 - 14:41 | 1244316 akak
akak's picture

I forgot mudbogging too.

Thu, 05/05/2011 - 13:58 | 1244138 DoChenRollingBearing
DoChenRollingBearing's picture

WOW!!!  256 junks!

 


by HamyWanger 
on Thu, 05/05/2011 - 10:39
#1243127

 

Question to silverbugs: how does it feel to lose 25% of your life savings in 72 hours? 

Thu, 05/05/2011 - 14:02 | 1244159 akak
akak's picture

Obviously, a new junking rule is in effect, allowing them to exceed the former maximum count of 50 before being consigned to the memory hole.

I bet some of Leo's comments would have received similar numbers, had this rule been in effect last year.

Thu, 05/05/2011 - 14:14 | 1244199 DoChenRollingBearing
DoChenRollingBearing's picture

INFO for those interested!

GLD:SLV (stockcharts.com) now about 4.0.  Was 3.2 a week ago.

24hgold.com / eBay widget shows Gold Eagles at 11% premium to spot, and Silver Eagles a MAJESTIC 60% +.

Thu, 05/05/2011 - 14:22 | 1244238 DoChenRollingBearing
DoChenRollingBearing's picture

Hi Hamy!  Mine is junk No. 269!  

I offer true congratulations!

Thu, 05/05/2011 - 20:14 | 1245877 StychoKiller
StychoKiller's picture

Mine came in at 299, who's gonna make it 300?

Thu, 05/05/2011 - 14:18 | 1244211 Rynak
Rynak's picture

Not necessarily a "rule".... may be that they saw his post, and simply disabled it for fun to see how high it would go.

Thu, 05/05/2011 - 14:23 | 1244235 akak
akak's picture

Tyler, that sly dog .....

:-)

Thu, 05/05/2011 - 11:36 | 1243463 Dr. Richard Head
Dr. Richard Head's picture

How about 123?

Thu, 05/05/2011 - 11:47 | 1243518 BigJim
BigJim's picture

137 junks! Surely a record of some kind?

Thu, 05/05/2011 - 11:49 | 1243525 Thorlyx
Thorlyx's picture

143 and counting....

Thu, 05/05/2011 - 12:12 | 1243657 writingsonthewall
writingsonthewall's picture

Come on Hammy - you can do it!

172 now...

Thu, 05/05/2011 - 12:49 | 1243832 Ident 7777 economy
Ident 7777 economy's picture

220 and counting!!!

Thu, 05/05/2011 - 13:22 | 1244001 scratch_and_sniff
scratch_and_sniff's picture

This site is hilarious.

Thu, 05/05/2011 - 13:34 | 1244052 Silver Pullet
Silver Pullet's picture

Junk 244

Now that's just (a) gross

Thu, 05/05/2011 - 13:42 | 1244086 Ray1968
Ray1968's picture

a gross is 144. Hamy blew past that a while ago

Thu, 05/05/2011 - 13:59 | 1244143 Dangertime
Dangertime's picture

I'm actually quite jealous.  I wish I could have obtained that sort of junk count.

Thu, 05/05/2011 - 14:22 | 1244230 DoChenRollingBearing
DoChenRollingBearing's picture

Well, Dangertime, let me start by NOT junking you!

Actually, you made re great call re silver for TRADERS.  Those holding physical will be fine.

Thu, 05/05/2011 - 14:44 | 1244348 eisley79
eisley79's picture

-he called top monday on that dip, and it went back up, got it wrong.

-he got mocked, by the end of the week he retracts and then predicted it would rise this week to 50 or 60, then it dipped again, got it wrong.

-lastly, he had one in 50 posts of his lying claims to actually hold any calls or puts, (or anything period), that wasnt completely wrong, and that is the only one he tries to talk about now.  He has got all his calls wrong, and all his claimed investments are lies, as proven in every thread were he ignores calls to back it up with any proof.

 

just look at these lol posts from one week, HOW DOES HE DO IT? lol, fcking noob btch

------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:35

Forgiven, the peak is in for this run.  We will see $50 again but not likely for another year.  You still have time to sell and restock with even more this summer.
------------------------------------
by Dangertime
on Fri, 04/29/2011 - 08:20
#1219786

Silver will break $50 next week and march possibly even to $60.
------------------------------------

 

 

Thu, 05/05/2011 - 14:49 | 1244391 eisley79
eisley79's picture

When your investments are imaginary and just random troll lies on the interwebs, what do you hedge?  the ability to claim you called something ROFLMAO :D

------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:35

Forgiven, the peak is in for this run.  We will see $50 again but not likely for another year.  You still have time to sell and restock with even more this summer.
------------------------------------
by Dangertime
on Fri, 04/29/2011 - 08:20
#1219786

Silver will break $50 next week and march possibly even to $60.
------------------------------------

Thu, 05/05/2011 - 15:58 | 1244788 Forgiven
Forgiven's picture

We just about touched $50.  The floor fell out after that.  I was on record at another board (prior to the fire sale) as thinking we'd see $50 by 5/5 in early April.  Being a weak early and a few cents short.  I'll take that.  I had no idea, and I would argue also that few did,  silver would drop like it did.  I hold physical that I had accumulated between $9 and $15/oz.  I took my initial investment off the table at $35.80 today.  The rest of the physical I own I will hold, paper price be damned.  Should it continue to capitulate, I may pick those ounces back up. :) 

Thu, 05/05/2011 - 11:48 | 1243503 curbyourrisk
curbyourrisk's picture

I junk him just because its fun.  EVERYTIME I SEE HIS NAME

Thu, 05/05/2011 - 13:30 | 1244032 akak
akak's picture

Just like RobotFaker, aka RobotLemming, aka MomoTrader, aka Lobot(omized)Trader.

Thu, 05/05/2011 - 11:20 | 1243367 Carl Spackler
Carl Spackler's picture

I smell a BUYING OPPORTUNITY coming...as soon as the volatility quiets a little.

The United States is still on the path to stagflation, especially with Jimmy Carter II in the White House.

 

Thu, 05/05/2011 - 11:34 | 1243454 Chicagomark
Chicagomark's picture

Considering most silver bulls' "life savings" doubled since early Feb. this is no big deal. 

Thu, 05/05/2011 - 11:50 | 1243531 Smu the Wonderhorse
Smu the Wonderhorse's picture

Well, I'd say it's kind of a big deal. I mean down 25% in what, a week? Pass the dramamine.

Thu, 05/05/2011 - 14:20 | 1244231 Titus
Titus's picture

Pass the fucking greenbacks so I can get rid of them before the Bernanke prints more. 

Thu, 05/05/2011 - 13:32 | 1244035 Cole Younger
Cole Younger's picture

Stagflation? That would be good compared to what is really going to occur.

Thu, 05/05/2011 - 11:53 | 1243549 Creed
Creed's picture

by HamyWanger
on Thu, 05/05/2011 - 10:39
#1243127

 

Question to silverbugs: how does it feel to lose 25% of your life savings in 72 hours? 

whoa 149 junks hahahaha

Thu, 05/05/2011 - 12:18 | 1243699 BorisTheBlade
BorisTheBlade's picture

 

by HamyWanger 
on Thu, 05/05/2011 - 10:39
#1243127

 

 

Question to silverbugs: how does it feel to lose 25% of your life savings in 72 hours? 

 

176 and climbing, I think Hamy's junk rating growth is not sustainable it is a bubble.

Thu, 05/05/2011 - 12:38 | 1243779 writingsonthewall
writingsonthewall's picture

It's OK - we're hedged.

Thu, 05/05/2011 - 12:52 | 1243849 BorisTheBlade
BorisTheBlade's picture

zerohedged, meanwhile 220, the guy is a real talent, my money is on Hamy, i bet he will hit 300 unless Tyler pulls the plug

Thu, 05/05/2011 - 12:02 | 1243589 legal eagle
legal eagle's picture

HamyWanger  - please remove the flag.  You represent something other than human descency.  Your mother is ashamed.

Thu, 05/05/2011 - 12:35 | 1243769 rufusbird
rufusbird's picture

"Patriotism is the last refuge of a scoundrel."

Samuel Johnson

Thu, 05/05/2011 - 10:41 | 1243136 Azannoth
Azannoth's picture

that assumes you put everything in at the top, and it assumes you sell at the bottom, and that's not correct for 99% of the people even silver bugs.

I think most silver bugs will be fine till silver drops below 25$

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