Goodbye $42...

Tyler Durden's picture

Silver is now trading at $42.10: the highest price since 1981, and ever closer to the all time Hunt Brother high, which is now just over $8 away. At this rate, and if Bolivia indeed nationalizes its silver mines, we give it a month for a new all time notional high in the metal.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
brian0918's picture

AGQ up 7.5%. Double leveraged silver, bitchez.

nope-1004's picture

Double levered until realization hits that.......

Oh you know the rest of the story.  Continue gambling.


tallen's picture

JPMorgan must be hurting really hard now. Be careful walking in New York, you might just have Blythe fall on you.

Dr. Richard Head's picture

JPM @ $44.97.  Parody a'comin between silver and JPM.  When that rubicon is crossed, watched JPM's slow and welcomed death.

RockyRacoon's picture

You jest?  (Get it... "parody"?)  I think you meant "parity", meaning equality.

Dick Head.

Robot Traders Mom's picture

I thought I should let everyone know my son, Robot Tool, will not be online to troll tonight. The principal called and said he was stuffed in a locker after school by members of the junior high football team, and they are working on getting him out.  

ColonelCooper's picture

If his leotard got wedged into the crack in the door, it could be really hard to get open. 

clymer's picture

and here comes the grammer nazi

(grammer grammer grammer)

chet's picture

"Nazi" should be capitalized.

akak's picture

Nice   :-)


In addition, you neglected to mention that he forgot to capitalize the first word of his sentence, and failed to end it with a period, not to mention misspelled the word "grammar".

Translational Lift's picture

"sentence, and failed"

No (,) before (and).  ;>)

akak's picture

No, my use of a comma was entirely proper.

I can't stand this recent trend towards the elimination of virtually all commas --- it makes long, complex and otherwise intelligent sentences exceedingly difficult and painful to read and comprehend.

Translational Lift's picture


Ah....the Obama justification..............

wisefool's picture

Obama/Mcain= "Look, I was just a plucky kid, no different from the rest of you. We got these nasty religions which created an opposing force to feeling good. If you want to do it right, you use terms like half sheckles and earned income credits"

if your IQ is > 120 you come to zero hedge and bleet like a sheep.


Every double dipping former (and pensioned) IRS agent needs to remember the church they were baptized at before they call themselves a Taxmaster.

Also. Barry bonds wants to date jenifer aniston. Tyler approves.

RockyRacoon's picture

Actually, folks, I'd like to point out that I was not commenting on Dick Head's grammar.  He used an incorrect homonym; the grammar used was just fine.   Furthermore, Akak's use of the comma before "and" was perfectly correct.   Note the use of the seldom seen semicolon in my second sentence.   Now, there is a scarce punctuation mark.

My quibble with you, Akak, would be the use of "intelligent" in adjectivally describing a sentence.  Sentences are simply words with no anthropomorphic aspect.   I think your sentence would have been more intelligible by using "intelligible" instead.

chumbawamba's picture

I utilize semicolons all the time; all the time.

It is not appreciated nearly as much as it should be; growing illiteracy through spontaneous technologically induced jettisoning being the likely culprit.

I am Chumbawamba.

FrankDrakman's picture

I'm with you, friend. Punctuation puts life and pacing into the written word. Anyone who's read Fowler gets it, which means most don't.

medicalstudent's picture

relax retentives.


it is a parody, of a farce, of a scam.

akak's picture

I'm still trying to figure out if "Grammar Nazi" is nominative or subjective.

bluebare's picture

unpunctuated fragment lacking a capital letter at the start

(oops me 2)

rich_wicks's picture

And it's spelled "grammar"

gmrpeabody's picture

You're in rare form, Rocky. Too funny... ROFLMAO!

Geoff-UK's picture

Why do you think JPM would die?  What stops Bernake from clicking the "Enter" button $4B times to hand to them?

molotov's picture

exactly! I am all for trading fiat money for silver and gold but anyone that thinks we will crush JPM through their slv position alone is foolish. The fed will crank the bailout funds for blythe masters and company. meanwhile we argue whether or not the us budget can afford social security or medicare. wake up people! this is class warfare! it is going to take a revolution! it far past time to overthrow our government! it isn't even ours!

Mr Lennon Hendrix's picture

The more dollars loaned into circulation, the lower of the value of said dollars drops, making silver worth more, because silver trades inverse the dollar, wrecking short positions, crushing JPM stock.

SuperRay's picture

yes, but they tracked each other pretty well today.

as far as JPM goes, they'll survive as long as ben and Jamie 69 each other.  Two spiders in a dance of death...

Mr Lennon Hendrix's picture

Yes, to be most specific, precious metals track whichever fiat is winning the moment.  This time last year, I made the call that the Euro was going from $1.35 to $1.25 in the span of a little over a month.  It hit, and I stood by gold, too, because, like I said, precious metal tracks whichever fiat is winning the moment, or more specifically, the fiat that tracks precious metal, wins the moment.  But as all fiat will fail, it matters little in the end.

lynnybee's picture

+1 ..... the innocent, the elderly are being targeted to pay for this mess.     class warfare it is.  

molotov's picture

yes! the worst thing the elderly did was believe in the American Dream, believe in the righteousness of American Democracy, fought America's proxy wars in Korea and Vietnam. Honorable hardworking men and women who believed in justice and freedom. I include those too that had the courage to question authority in the late 50's, 60's and 70's. We all believed in freedom, we believed America could be a beacon to all. And this is what we receive.... a corporate facsist oligarchy hell bent at bending every individual on the planet to their will. A corrupt Supreme Court, a corrupt executive branch, a corrupt government on both sides of the aisles through and through. It is time to rise up and overthrow the entire system and all of it's security apparatus'. We do not have to accept this. Your vote for any of this, at thelocal, county, state or nation al level is your contract of acceptance of this tyrannical cabal of terrorists.

Vagabond's picture

Don't forget about all the social welfare programs you guys set up.  And don't forget that while you may be screwed out of the entitlements you set up for yourselves, us young ones are the ones who are really going to have to pay.  We will not have the same opportunities you had during your life.  But at least I have the foreknowledge to know that the various ponzi schemes won't be around to fail when I'm older.  I just have to pay into them now and never receive anything back.  Great deal.  Thanks for all the hard work older generations, but really we'd have all been much better off starting from scratch rather than trillions in debt.  Keep patting yourselves on the back, you meant well.

It's not as if I blame you, the trouble all started before your time as well, and I'm sure seemed like a great idea when the baby boomers were popping out left and right.  I just can't stand the attitude taken.  I took no part in forming this sytem, and never had the opportunity to object, yet I'm forced to give up 1/3 of my labor to a black hole. At least you guys had a chance.  I welcome the end of this Kensian/Fascist nightmare so we can start from scratch, rebuild and create a better system for our children.  If that chance doesn't come, I will not raise my children in this rapacious country, I will move elsewhere.

CrazyCooter's picture

Or, more succintly, what were prevailing wages and education costs like in the 60s versus the aughts (00s)?




Rodent Freikorps's picture

The road to hell is paved with good intentions.

molotov's picture

of the middle class or lower, not a single one of us created the fascist oligarchy. but it is now our job and yours, you whiner, to kill it.

pazmaker's picture

You are brave saying what you say on here, knowing that this site is monitored....what do you propose?

narapoiddyslexia's picture

Ummm, it would not take bravery if Molotov were an FBI mole, would it?

molotov's picture

it is not bravery but rather stupidity on my part. I have lost everything. I once described myself as a pacifist but have seen that life as a pacifist have not really actualized any lasting change for the common man. Mahatma Ghandhi has been the best recent example, but where is India now?

Unhappily, I must admit, that Mao Tse Tung may be right, that change comes through the barrel of a gun. Do not mistake, the Homeland Security Dept., The FBI and local law enforcement, with the help of both, Reserve and Active Duty Military Personnel, will come down upon the resistance with the Hammer of Thor. This revolution will not match any of Hollywood's active memes. It will be brutal, it will be extreme, but I chgoose thatover being a slave to the Corporate Fascist Terrorists that have usurped the authority of this Nation and the World at large. I am not going to give into their dream. This is my consciouness, this is my dream and I lovce the Common Man and Woman and their children.

wisefool's picture

The only thing the government has been effective with in the last 100 years was the IRS, and now they have turbotim running the show.

Timmay is competent and he will get under your skin, but he has no plans to take your silver, gold, fat wife or your condo in hati.

He only wants your kids to fix TurboTax.

SaulA's picture

I see our plan has worked.  You will kill each other long before you kill any of us.

Rodent Freikorps's picture

Won't have to kill any of you Mr. Alinsky.

Without a govt. stipend, y'all will be dead from starvation within the month.

molotov's picture

where do you live? what is your address?

narapoiddyslexia's picture

Ah, Molotov, you're in your parent's basement somewhere, reverse-trolling as an FBI agent. Very clever.

molotov's picture

I am exposed! I am 51 years old.  In the past three years i have lived out of cars, tents and the open sky. I was awoken at three in the morning in the city of Denver by 12 law enforcement personnel inquiring why i was on the very same path that Obama would travel to the Stadium for the DNC address. Numerous guns pointed at my head, numerous questions, but no rap or record for any thing whatsoever. I was allowed to continue to sleep until morning since it was John Hickeloopers (then Denver Mayor)policy that that the homeless not be harrassed.

I worked for Obama's Presidential campaign in Henderson County North Carolina. I told my Dsistrict Campaign Supervisor tha Obama was only candy for the masses, that he was a creation of corporate advertising and that no Change would come from his election. Why would one work for his campaign one might ask? A legitimate question. In Hnderson County you had over 6000 African Americans, decendants of slaves, and a ruling ologarchy of 356 white anglo-saxon amerikkkans that had actively intimidated and persuaded the majority that it was in their best interest to no vote for ove a hundred years. I wanted the Black Chiuldren of these Families to wake up on November 3rd and KNOW that a Human Being of their own Race and EWthinicty had been elected to the most powerful office in the scam UNIVERSE. That a black man had been elected PRESIDENT OF THE UNITED STATES OF AMERICA! That was my only motivation. I did not vote because I knew that the paradigm of right and lift, white and black, illegal immigrant vs. blue collar American was a complete sham! Still, every person of color that day was empowered! And I participated in THAT!

I am white, of catholic and protestant descent which I reject, and believe in only one thing, POWER TO THE PEOPLE!!! If we must be conscious, then we are responsible for our destiny and it has nothing to do with color, prestige or postion in a man made caste system!

It is time for us to claim our personal power of authenticity and truth and overthrow the regime that is currently attempting, quite well, to dominate the world peoples. The wealthy ARE our enemy until they prove otherwise through submission and relinquishment of their manufactured entitlements.

If necessary, eliminate them all, entitlements for the poor myASS!! Just review the FOIA request as Matt Taibbi of the Rolling Stone has so succi9ntly done. The only entitlements that exist are for the RICH. Do your homework, the truth is out there. Just because the USA govt. has spent the last 30 years dumbing down AmeriKKKa, it does not give you, Joe and Jane Q. Public the excuse to be ignorant. If you were born intellegent, and you were, you still have that intelligence to fight the Good Fight and Overthrow World Tyranny. It is completely esconced in American Goverment, Top to Bottom, from the local to the National level and it is more pernicious than ever. No employee of the government is immune, they are the enemy!

StychoKiller's picture

I suggest you read "An Enemy of the People" by Henrik Ibsen, before you lay claim to the benevolence of the "people."

European American's picture

Obama is not black, he is white.

akak's picture

Actually, Obama is a mulatto, which makes him darker than a quadroon or "high yellow", but lighter than a sambo.

velobabe's picture

O is just branding. just like coke a cola.