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Gold, Silver Surge At Open Of Electronic Trading
As the dollar plunges (supposedly on news of that Frankenstein of a Euro treaty announced on Saturday morning and on capital repatriation in Japan) the real reason for the plunge can be found in the action of the precious metals, where both gold and silver are about to take out period highs on more imminent global fiat dilution.
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Lots of local, topical reasons, but still its all about the Bernanke
What did Blythe get hit with ?
She got the big one in the other hole today.
All three holes are getting plugged right now while someone else is raiding her USD index purse.
Air tight
LOL !
No one said it yet?
Gold/Siver Bitchez!
I predict someone *cough* Blythe *cough* is about to commit suicide.
Dunno about that.
http://video.adultswim.com/robot-chicken/do-you-see-the-problem-here.html
Do you see the problem here?
a japanese delivery truck in the tsunami.
656 PM EST 3/13/2011 Gold=$ 1431.5 ask
656 PM EST 3/13/2011 SILVER=$ 36.38 ask
Nikkei
03/14 - 9:25
9,703.01 -551.42 ( - 5.38%)
Yen/$
03/14 - 9:04
81.41 - 81.44 -1.37
- http://e.nikkei.com/e/fr/marketlive.aspx
The S&P is down 9 points. Still, it's a long way to the open. I expect a 2AM ramp. Gotta open and close Green. Can't let the sheeple think that a small thing like one of the greatest earthquakes on record could possibly effect the FEDs control of the markets. That would shake their confidence and faith in their masters.
i really hope blythe gets to work on silver and bring the price down so that i can buy more.
If you're long on Silver what does price have to do with it. I think the real issue is delivery at this time, not [fiat] price.
Been buying at Perth Mint. Only 10oz bars in inventory, 1kg bars come in spazmodically, 100oz bars don't exist...1kg bars are probably coupled with Blythe's Orgasms from sitting on the Printing Press.
Look at May & July Silver soar...eerie but why is Sept lagging ?
Because the comex will be bust well before September comes.
lol
Correct.
HA HA!
+ 1
Oh Lordy. Gee Schmailes. Is that risk on, or risk off?
Don't you mean wax on or wax off? I hate that new mantra.
It would be very generous of the Federal Reserve Corporation and the US government to allow Japan to repatriate US treasury holding redemptions without prejudice for the cleanup.
I'm thinking we'll see a bunch of US involvement (subsidization) in Japan's reconstruction. They are probably making the deals right now. The Japanese will not be allowed to dump treasuries that easily.
LOL!
lube on or lube off?
Nice to see oil caught a bid too. Will be commodity run of the week imo, watch it.
The BOJ's announcement of flooding the system with more fiat isn't helping matters.
http://www.bloomberg.com/news/2011-03-13/japan-readies-massive-liquidity-as-boj-gauges-risk-to-post-quake-economy.html
The IMF is reading, willing and able to help them. They are in the helping business with SDR's.
^N225 Nikkei 225 9,850.91 8:07PM EDT Down 403.52 (3.94%)
^N225 Nikkei 225 9,714.04 8:11PM EDT Down 540.39 (5.27%)
A camel toe is always a gap up, but not all gap ups are camel toes.
camel toes, bitchez!
Do camels consider this a pussy foot?
Is "hindsight" really 20/20? ;-)
:)
Love you guys <3
Long Gold and Silver, forever!
Not forever , just until the world ends.
Amen, Dorky
thats about right
Last week you were asking if you should sell all the gold you procured from your summer job...
Do you have room for a young person to be inconsistent as they are figuring things out? God forbid you held me to the shit I thought was true when I was younger.
MsCreant,
5 up high!
Certainly. It just strikes me as odd to see such a swing in so narrow a time period. I also offered multiple times to buy baby blythe's stash and never got so much as a reply. I think too much, I suppose...
Even If I were to die, which I believe I will within 1-3 years...
My PMs are in my family safe.
It is comforting to know they will not have to starve and die in the streets once a loaf of bread costs 10,000 dollars+.
Therefore, I don't plan to sell any of my PMs.
why do you need to die within 1 to 3 years?
This is a good hand gun, very little recoil..
http://en.wikipedia.org/wiki/FN_Five-seven
http://www.fnherstal.com/index.php?id=269&backPID=263&productID=66&pid_product=295&pidList=263&categorySelector=5&detail=&cHash=b5dcbec1bd
Why not spend some time learning to defend yourself? incase the police force in your part of the world is cut in half.. and you need to be able to defend yourself?
As well a shotgun around the house is a great way to go..
If you have any questions, speak up.. lots of people here will help gladly to help keep you alive well beyond the 1 to 3 year(s) that you have set.
(s)he's a college student JW. A 5-7 is probably way out of the price range. Glock + Mossberg is probably the way to go.
I am sure we can help keep'em safe in any price bracket Brother Doom!
We are here to help any and all members of Fight Club!
If anyone has questions, just ask.. lots of people will offer what they know.. and maybe even help some others who dont post that just read.. which was a Lot of us before we decided to take the plung into the Fight Club!
God Bless You All!
We're here to help. ONE of the reasons I like this place so much.
BB, Pace yourself. Got a long way to go.
Some advice from when I was young...
....Look out kid, don't matter what you did
But walk on your tip toes don't tie no bows
Better stay away from those that carry around a fire hose
Keep a clean nose, watch the plain clothes
You don't need a weather man to know which way the wind blows....
-----------------
Cheer up, You can die anyday. Don't make it today.
Stick around to see some of them go down.
Look out kid,
look what you done did,
got sent up on an eight year bid,
now your manhood is took and you're a maytag,
spend the next few years as an undercover fag,
gettin' used and abused and served like hell,
until one day you're found hung dead in a cell,
It was plain to see your life was lost,
you were cold and your body swung back and forth,
but now your eyes sing the sad sad song,
of how you live so fast and die so young,
it's like a jungle some times it makes me wonder how i keep from going under
why wait 3 years to do what you can achieve tonight?
silver bells, silver bells, jingle all the way! Where now? It has to come down when the USD goes QE-infinity!
looks like Gaddafi is going to win... will Mel Brooks play him in the musical that follows?
they underestimated the cantankerous old geezer and he will make them pay for this mistake...He saw what they did to Saddam and he knows the game they play and he knows what comes next. So they pissed in his cornflakes and now he will fuck them on the oil supply and other matters too, which he has already intimated on. Sure they caught him by surprise on this deal, but he gathered his wits and did what he had to do. The guy is a real piece of work, no doubt, but you have to admit, they had every intention of going into Libya and stealing their oil wealth etc and now they can't and as far as BP is concerned. They can kiss off their billion dollar investments. Put that in the loss column for sure.
I disagree, they were already getting it.
Now we get shit.
And we may get the bonus round, a Islamic Gov't.
Sharia style.
Believe it or not, the jooooos are helping Godaffy
http://www.veteranstoday.com/2011/03/03/gordon-duff-israel-intervenes-in...
Yep, and read my post above yours is WHY.
Oh Goodie! More Silver inventory required to settle Camel debt.
But, but Obammy said publicly his time is up. The EU said they prefer the other guys So will they all eat humble pie when he 'laffs' at them from Bengazi? Wicked laff he has!
Lol USDJPY move. Hello vol, nice to see you.
Go Ag & Au!
Curious as to how crude oil is doing after Japan horror and Yemen & Bahrain unrest.
I have nightmares every night.
I am seriouslly fightened for my life.
These TBTFs and our criminal government hate to lose.
MY AVG security scanner keeps giving me tracking cookie alerts.
Someone is after me! I am scared to death.
I have my brothers gun with me at all times now (in my backpack).
Even in public, even though it is illegal for me to do that in my state!
This is war, folks.
baby_BLYTHE, don't carry that weapon in public, if you get caught, you may loose your priviledge to have weapons period...
My rights don't come from anyone but my creator.
That being said, I have only done it a few times.
I have never been more afraid in my life. For both my life, my family's lives and everyone in my community.
The world is falling apart all around us.
How much longer is the US safe from economic devastation, war and nature born chaos?
Being young amplifies those fears. It ain't that bad yet. Promise me you won't carry that weapon in public anymore...
Spot on Hulk...there are very few times I have felt "a need" to carry in public.
For myself, I refuse to get a carry permit for something I have an inate right to do, for the simple reason I don't think any government has a right to know what I carry from time to time...my choice, my consequences.
All the vehicles I drive have them...and are legally carried in the state of Fla. under the three step rule...I would suggest BB familiarize herself with her local and state gun laws to avoid any "accidents".
My two cents.
nmewn - I agree with your sentiment on refusing to get a carry permit. I did not for the same reasons for a long time. Part of my reason for aquiring was transport. Also, in my state you need a permit to purchase anyway, CCW is only slightly more of an imposition. I travel by vehicle a LOT, often across state lines. I basically gave up the fight for the convenience. For now. To quote a poster down thread:
"You will know when you need to carry a gun outside because there will be no law. Until that day comes, don't find yourself on the wrong side of the machine. Wait until the machine is broken."
I think that for someone in the OP's instance, at the very least taking the CCW class is a good thing. While it doesn't (isn't designed to) teach you anything about weapons, if the instructor is any good he/she will open ones eyes to the hard realities of making the decision to carry.
I would hope that anyone would accept the responsibility to get some training, and practice, practice. My biggest worry for a scared girl carrying somebody elses handgun in a backpack is that she will simply have it taken away and used against her.
Either way, it is her right to do so.
Col,
Understand completely...I made it a point to highlight myself and my circumstances...and I agree for the young (without an adult around to teach right from wrong) a firearms class, whether you intend to carry or not is proper.
There are major consequences involved here for being an adult, just like driving a car.
Certainly in your case (intrastate travel) it's probably not worth the hassle...I can't say that I would have taken a different course...but here, in the SE, most states have reciprocity in vehicle carry with slight variations...again, I haven't taken my carry holster's out of the closet in a long time...no need, even though I live my life in "condition orange"...it or other is not far away ;-)
Agree on training...disagree on formal being end all as you say, as an instructor who ain't worth a damn (former Wackenhut's and washed out psychotic cops) are worse than having none at all...IMHO.
It is my sincere wish that people who read what we discuss here understand their responsibility when they purchase a firearm or a car or anything else that can kill their fellow man (which is infinite)...it's defense not offense that we discuss here...there's nothing macho about shooting or driving over someone who has done nothing to you and winding up in prison with a guy named Daisy.
For her...I would advise paying for training or seeking out a knowledgable relative, as it seems she doesn't have any idea of it outside of ownership.
hulk, you & vendetta dude are being punked.
You forgot the 1st rule of the internets..
"on the internets, everyone is a 12 year old girl"
...except MsCreant
Maybe what "vendetta dude" and Hulk said on a public forum, read by millions, wasn't meant for just BB.
You ever think of that?
In the end...who got punked? ;-)
Could be. Fatherly instincts came on strong...Got me to thinking though, there may be way too much reality around here for a young person to process...
Make it legal. You live in Minnesota, you can make it happen on a Saturday.
Yes, by all means, make it legal. And get trained...
Trouble is, in the really dangerous places, you can't legally carry unless you're rich & famous. In NYC today if you ever fired a gun on the street you'd get tracked down by police camera records. Sorry to say, it's better to be a victim of a punk than of the state.
She has stated in earlier posts that she is from MN. As blue of a state as it is, they are still pretty pro 2nd amendment.
Col,
Yes sir, and no matter what state,better be Judged by 12, than carried by 6.
Besides by that time, I doubt most laws will be adhered to, and everyone will be open game.
Top to bottom.
You volunteer for that job.........NY, NJ, screw em',biatches deserve it, they go down, not me.
You will know when you need to carry a gun outside because there will be no law. Until that day comes, don't find yourself on the wrong side of the machine. Wait until the machine is broken.
There is no law now, and losing a RIGHT is not their decision.
I feel for the folks up north, I really do.
Most are scared shitless of the LE, and weapons in general.
Easy prey.
Making it legal is best, but it doesn't always work even when you do it the way they say you should. I legally purchased a certain firearm here in CA back in the 90s (through a registered FFL dealer with a true brick-and-mortar storefront), then the CA Legislature changed the law afterwards, making my particular item illegal to own, and didn't even provide for a "grandfather provision" for previous purchases. Long story short...the state gladly took my sales tax on the purchase, then later changed the law and took my firearm as well, with no recompense whatsoever. The good 'ol BATF showed up at my home door for the confiscation and told me that I was even risking arrest for even possessing the item at all!
Nowadays, CA law requires all arms purchases to be registered, and the dealers must hold copies of the paperwork for 25 years. Plus there's the CA DOJ's copies as well that are held in Sacramento...
That's why I haven't purchased a new firearm here in CA ever since, and won't until I move out of state to a more friendly one (which is looking to be sooner rather than later!).
You'd be welcome in Arizona. We are the only state with Constitutional Carry.
Yeah...I lived there when I was younger. In fact, I was just there a couple of months ago visiting Sedona with some family, and we decided to check out the town's ammo shop on the way out. Was sooooo sweet being able to actually hold some Class III iron in my hands. I chatted with the staff and told them about the hoops of fire one has to jump through here in CA just to buy anything, and they calmly listened and shook their heads in sympathy, then consoled my pain by offering a Barrett .50 cal to my outstretched hands. I cried...partly from having to go back to CA, partly from the joy of holding one of the shooting world's masterpieces. Made sure the tears didn't fall on the barrel, tho'.
IF you're serious, which could very well be the case. (The situation in the USA doesn't look good as the elite is obviously positioning themselves for a win or lose (all) endgame in the USA), why don't you take a breather, and look at an exit plan? It might be a strange idea to do that, but might prove instrumental to reconnect you with your sense of destiny.
Have a look at the options, there's people like "sovereign man" around, that can give you, or anyone else some tips. There's still time to make an exit, and continue life and the fight from somewhere else.
I'm not particularly positive, since I've noticed many inside the USA still don't grasp the game, they're still distracted and their vision of the bigger picture impaired, even when (almost) all the chips are on the table.
We're all going to have to start anew, once this is over. About that, I'm positive. Free spirited human beings will win. Because they have the positive plan, of growth, and coöperation (trade), and the banksters and MIC don't. They're all about destruction and monopolisation.
Chill out. The world has been through worse. I freaked out too when the world was falling apart in the sixties and seventies but I made it through OK and so did the world.
Think of it more in terms of changing seasons, and opportunities.
...or worse, you could lose your privilege.
You've got to be insane to use Windows on the Internet. Download and use ubuntu with plugged into the WWW. It's free, easy, and SAFE.
ubuntu.com
Long John,
Thanks for the link, but with GOOGLE CHROME on there, IE is safe IMHO, considering how screwed the ARE.
Seems Key Scrambler, and Easy Hide I.P. would be better.
Safe, your ass! Google is a CIA/NSA operation.
Ubuntu won't help you if your processor is x86 based.
Get off x86 processors!
I have trouble logging on to ZH with my C-64.
Maybe you should try my Sinclair ZX 81. It has a 16K plug in RAM module.
It's just a ride.
http://www.youtube.com/watch?v=ERz-C0r99po
worse, you may lose your virginity. Imagine that. A popgun is no deterrent. Try a AK 47, like all true americans. Besides, it will have silver bullets from your wins on the market.
that's funny every website that exist requires cookies..... they want your info for marketing purposes to make money off of you. Someone is a little too paranoid....
Just because you're paranoid doesn't mean they're not out to get you.
Troll- baby blythe
Probably. Or really young.
don't we all find it "interesting" that forex.com suffered a "network failure" at the open, which essentially locked its customers out of gold/silver trading at the open?
switching my account tomorrow....anyone have a more "reliable" currency trading broker?
just call up Ben... he only does one way trades though
use dailyfx.com
http://www.saxobank.com
OANDA I made a trade in XAG/USD at the open long XAG at 35.89 now at 36.24
I posted this on the last PM thread but it deserves a look by any interested in PMs...
China has strapped the dollar to gold at the hip and there is nothing Ben can do about it... except stop printing.
'China is Hoarding Gold'...
http://video.forbes.com/fvn/inidaily/richard-lehmann-china-hoarding-gold?partner=yahootix
Don't worry they will beat it to a pulp later, because we have quadruple witching this week.
Never fails................
Well maybe once last December 2010
Quadruple Witching: Simultaneous expiry on US markets of stock index futures, stock index options, stock options, and single stock futures, which takes place on the third Friday of March, June, September, and December.
http://en.wiktionary.org/wiki/quadruple_witching
Funny, I just noticed this and jumped to ZH to get the dope. Crazy times.
Jesse's site is updating PM prices... scroll down... prices on left side of page.
http://jessescrossroadscafe.blogspot.com/
Thanks Jesse!
Thanks for the nudge.
Jessie's a good Joe, Bob ;-)
You'll like the site...take the opportunity to scroll through his bog roll...Denver Dave, Harvey Organ...and a new guy Trader Dan if I recall...great neuvo art posters from around the world regarding food & drink.
Regards.
+ 100
Jesse has a great site.
If AUD/JPY still correlated to US equities, tomorrow will be funny...
Try /HG.
Or, gasp, WTI
I'm starting to like Sunday evenings...
This is a terrible national tragedy for the Japanese. Do not understand how some of you can make light of this. And this is not the way I want to profit. This is a sad day for Japan.
Some of your vulgarity is beyond disgusting.
Profit may be an inherently vulgar thing. Trafficking in Japanese corpses certainly would be. I agree, wouldn't play Japan directly, but I really can't see anything wrong about dealing with the resulting tsunami here. We've been warned . . . and from every perspective are morally licensed to react. Obligated, maybe.
This has very little if anything to do with Japan. This is what happens with they manipulate a market until very little of the physical element of that market remains. Physical Silver has been too cheap for far too long. 90% of it has been used up and is sitting in landfills all over the world. Now the game is to hoard what little remains while they continue the failed attempt to keeps it's price low.
Yen is up vs the USD so if you went long yen how is that hurting Japan?
Less return on export trade. This is a capital repatriation ala "risk off".
Jim Rickards posted an excellent explanation of how endless QE will continue even if "official" QE ends:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/3/11_Jim_Rickards_-_QE_is_dead,_long_live_QE!.html
He explains it again in this KWN interview:
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/3/12_Jim_Rickards_files/Jim%20Rickards%203%3A12%3A2011.mp3
Highly recommended stuff for people to understand.
I read the article and listened to the interview and it appears to me Rickards is counting the same money twice.
He says the principle repayments from the government to the fed are enough to buy 75% of the new debt but where are the principle repayments to come from? The government cannot afford to repay any principle, all they can do is roll it over, in other words repay it from the proceeds of new borrowing.
What am I missing here?
I am leaving this post in case someone answers your good question.
/es took a gap down and went down on volume to 1288.25. now up 1292.25. big reverse volume on the down candle brought back up the same minute. looks like the plunge protection team back.
No indication of "real" downward pressure on ES. Too bad, one would think so but it's all about the liquidity "Spigot"! SUCKS, don't it? Given what's been happening lately, even a martian invasion wouldn't hack the S&P!
Wow...!
Money that Grows...
Who would have thunk it.
Excellent ,my friends
/NQ
Head and Shoulders target of 2123.
http://www.zerohedge.com/forum/99er-charts-0
Ok, anyone else wondering whether $ 40 silver is coming around in the next two weeks. Any pullback is getting ramped up. On Friday we saw a $ 2 move in 2 hours. Now another surge to near $ 36.50. Someone smells blood and they are going for the kill.
From the looks of this surge it should breach $37 in a few hours.
It's been suggested that Blythe is resorting to trench warfare at $37. Don't expect it to be easy.
But just because she's not easy doesn't mean that she won't go down.
It's been suggested that Blythe is resorting to trench warfare at $37. Don't expect it to be easy.
But just because she's not easy doesn't mean that she won't go down.
Once things go parabolic you can't really tell where they're going to end, but you know the move won't last long.
What's a fair price for silver? A silver dollar has 0.77 oz of Ag, so $28 melt, compared to $1 in the old days. It's said that the FRN is worth 3-4% of 1913 value - 3.5% is 1/28th. So by that measure, silver is no longer cheap here, just fairly priced, but this stuff only matters on the multi-decade scale, and doesn't take into account new discoveries (Nevada cheapened silver) or today's mine depletion. Anyway, in a run like this, who knows where it could stop?
Look at worldwide inventories then and now and tell me silver isn't cheap any more.
Mark to market? You'll have to add a zero to the thousand.
http://www.youtube.com/watch?v=mLXQltR7vUQ
A surge you can believe in...
I can't believe that you got junked..LongJohnSilver.
No imagination I guess.
Even with gold & silver 80% higher than pre-08 peaks, all the mining indices are either down or just getting back to flat since '08. http://miningalmanac.com/indices/compare
Maybe a function of general de-risking in the secular stock bear, but this might be the one place where there's some kind of value available.
BTW, gold explorers were in the dumps 'til last summer, but just killed it from Sept-Oct, and haven't really given up much of that move.
http://miningalmanac.com/gold-explorers
"Nicholas Shaxson, journalist, writer, consultant, and author of Treasure Islands: Tax Havens and the Men Who Stole the World, gives an insight into his book, Tax Havens, the UK Banking system, UK Uncut and the mechanics of Tax avoidance."
Part 1 - http://www.youtube.com/watch?v=OU3LFQirS5c
Part 2 - http://www.youtube.com/watch?v=8669apZhqN0
The silver chart looks like last weeks adjusted monetary base chart......hmmmm
What are the odss that gold goes up $30, $40, $50 some day in the next 6 months?
Me again.
Where's the beef?
Didn't "Wynter Benton" say that only if silver trades above $37 an ounce at some point during March they will call their assault on Blythe a success. Between $33 and $36 is considered a draw.
Well, the time is now Winter Benton. But why stop at $37, continue the good work, make that biatch jump out the nearest window.
I've heard that if the price goes over $36 the losses to JP Morgan start going exponential because of their many derivatives that are tied to their silver shorts. That's why the battle at $36 will be fierce.
Read the Article on Jesses Cafe, on the left side, he gives exact specifics,according to WB.
Just don't bump the RUT much. Missed closing TZA by 2 cents at close.
somebody send Blythe an EMP-
Bill Nye the Science Guy is on CNN explaing nuclear shit. This is a real treat==now there's a whacked cat.
A lot of volume for this hours, and no follow up for the moment ... I d say a lot of hedge fund take their profits
In all of it, however, somehow Martin Armstrong being released from prison seems the weirdest:
http://economicedge.blogspot.com/2011/03/martin-armstrong-released-from-...
WTF? Is it the End Times already?
There should be a web ring watching the Denver Airport.
My Cousin's Father 93 years old just bought GLD.
I do not know about you but when you have 93 year olds buying Gld it probably is the time to get out.
I probably should not say anything because I hope he makes money but for someone that is not market savy buying Gld, I do not know.
I'm afraid you lack basic reasoning skills. For your own well-being, stop considering investments and make sure you're surrounded by capable people who can care for you.
I'm thinking maybe a guy born in 1918 knows something worthwhile.
No shit. Listen to your fucking elders.