This page has been archived and commenting is disabled.
But... But... It Was Supposed To Go To Zero
What kind of goddamned bubble pops and then goes right back up? Oh wait, did the Central Banks retract the 8-K where they all promised they are done printing for ever and ever (granted, countersigned by Linda Green and Jean Claude Junker, and edited by the WSJ)? That must be it! Oh, and gold at $1,521, back to those lofty, long ago levels from April 27. Cue CNBC on precious metals popping. And yes, that giant sucking sound is the CME preparing silver margin hike 6 through 666.
Of course, there are still those who prefer to use this currency:
(yes, from Banzai)
»
- 25882 reads
- Printer-friendly version
- Send to friend
- advertisements -
But...but...it only costs $1 to raise a whole chicken!
You, sir, have won the thread
LMFAO !!
KFC gets my attention every time. that vid was hilarious.
<golf clap>
Holy shit. I almost sprayed the beer I was drinking all over my monitor.
Well played, sir. Well played.
That guy is fucking hilarious!!!
Angry Black Man Bitchez.
it's on like Donkey Hong Kong.
I heard that the Chinese inflation whisper [ie Chinese telegraphed number] was going to be 5.15%. Metals seem to be suggesting this number might come in hotter.
And why not? How better to tame the Chinese sheeple then to go ahead and allow one real Chinese economic number to come through so that the demonizing of Ben Bernanke can engage for real? And Ben would deserve it, too.
I wish we would just quit pussy footing around with China and commence a trade war.
Americans working for pennies on the dollar will sell the led based painted toys to...?
Really though, I agree, but when people spend 8 hours a day picking apples and wondering if they will have time to watch TVs that they do not own will truely be a sight.
And there it is...Chinese CPI @ 5.3%
"Edged down from 5.4%" - CNBC
hahahahahahaha
I wish we would just quit pussy footing around with China and commence a trade war.
Uhhhhhh.... don't look now, but we're already in a trade war with 'em. And they're whoppin our asses.
But maybe we're whoppin their asses tradin worthless paper for real stuff. And we suckered em into buyin a trillion of our worthless debt paper.
But we gave em our manufacturing base, so I guess we whopped our own (dumb)asses on that one, and we gave em the capability to make missles that can sink our carriers, another case of whoppin our own (dumb)asses.
So no, maybe they're not whoppin our asses, we're doing it ourselves.
FUBM!!!
but but but, methman said it was going to the 20's.......
24
I had to log in just to junk your fucktarded ass.
Apparently you aren't as good at trolling as you are at blowing Jamie Dimon for crack.
Meth-User could only be right if industrial demand for silver was the sole driving force. However, Meth-User's are impulsive and are thus prone to make meth-using asinine assumptions. They suffer with grandiose notions of fiat glory and masturbate to pictures of the Bernank as a demi-god. Caution: not all meth-users are as perfect as this, and may be prone to suicidal thoughts. And thus not sorely missed.
get that cheap silver while you can bitchez..........
The Fed will print money (increasing the volacity/inflation) and then short the metals (deflation) and then do it all over again! All the while, taxpayers will foot the bill when the taxes are raised while austerity is measured, and this works because everyone is productively....productively....shopping with their food stamps....that were paid for with....with...shit I lost it. Robo I need some help with your theory. It ends with...with....
Why do you bother with prices in FRN's everyone here is holding for Weimar, dollar collapse, social collapse, end of world. They don't really care what the value is in FRN's.
However, a lot of the buyers posting here are always justifying their purchase by it's value in FRNs, even most of those in the camp you described. But I agree, if you are buying for the dollar collapse or the American Weimar, you shouldn't care about day to day swings, or even month to month.
I know they have the disease of the people they hate so much, speaking out of both sides of their fucking mouths, just like every other crooked bastard on this rock.
When silver goes down it doesn't matter because you know their holding for the Weimar.
When silver goes up their fucking dancin like little German girls in spring time about the price rising in FRN's.
Then when it goes down again their bitching about the TPTB, Bernank, Timmay.
Look up cotton mania 1839 bitchez, that's where it's headed.
I'm just waiting for the 38.2 retracement of 33 FRN's you all going to get smacked real hard on that one.
Fucktards is what I call them.
So, premiums DIDN'T rise over the last week and a half by enormous amounts?
Why don't you go somewhere else, if you can't stand the people here so much. Guess what, we aren't going to change. We hold PHYSICAL FUCKING SILVER, which, along with PHYSICAL FUCKING GOLD is the only real safe haven on the planet Earth. You can bitch about it all you like, even as you are buried up to your eyeballs and beyond in US paper.
$ is a long here.
Too bad you're long crack and withdrawal.
Got the shakes? Better go suck some hobo cock for more crack money.
Haha!
That would make him a hobosexual....technically??
Not going to matter what you hold when the Red Kuchina makes it's appearance.
Their you go talking about the premium the premium is in FRN's fucktard. Stick to your message I'm holding physical no matter what and you will be fine.
Hey brain surgeon did you ever think the premiums rose because the dealers are trying to get the last dollars out of the let's get physical crowd before the whole game goes away.
lol, sure. The entire silver market, including dozens of retail outlets and thousands of individuals all decided at once that they should charge more for physical silver. Supply and demand? Total hogwash. Our great Marxist leaders proved that with the labor theory of value.
I’m seeing some cognitive dissonance here. Fiat is nobody’s friend and doomed to the fires of Hell (so it has some practical value), but when it offers an impressive way to measure one’s gains, it’s more than welcome to the party. I know what they mean, but….
As fast as purchasing power in terms of fiat is falling, the rise in silver has outpaced it by such a wide margin that it actually is a fairly accurate measurement. A 12% gain in stock values might by cut in half by real inflation, but a 400% gain only becomes a 388% gain in real terms, a loss of 3%.
If you put a real pick up of yourself instead of your fat bubble ass. Maybee people would take you more seriously.
I see you must like 12 year old boys.
Maybe MONEY SUPPLY in 2011 versus 1839 matters, unless you are trying to de-motivate buyers, for some Strange reason.....
or maybe you are the ______tard
Uh, i dunno, maybe it has to do with, that to SELL those PMs in that "end-of-world"-scenario, you still have to BUY them at spotprices (plus premium)...... and some people late to the game, may not be fully equipped yet, or have room for more.... and in that case, buying a strong dip makes sense because.... umm, you get more than buying high.
I dont know - maybe i'm using microsoft calculator wrong?
And if one pays a little attention, few if ANY of the committed physical longs are bitching about last weeks rout. It is only trolls who keep telling us how upset we are. If anything, there are probably more longs cheering the price down than trolls saying I told you so.
After you observe a couple of these corrections/manipulations, you see that nothing changes but the price. Same fucking trolls, (new names) same bugs telling them to fuck off, and the physical recovers to march on higher.
Wake me up when the dollar falls through 71.
See SV at 24. Enjoy.
What's SV?
Idiot.
If it does go to 24, everybody will be able to buy even more!
How stupid can JPigMormon be?? As stupid as inbred come!!
BTW, please bring gold prices down too, so we can all load up some more!!!!
I bought the f*cking dip at $34. Put that silver on sale bitchez.
Banksta Coxxukkas!
What is really different now from last week is that every swingin' dick that read Barrons or seekingalpha or Bloomberg or watched CNBC just KNEW they better get short silver and cash in on Hunt Bros Debacle #2.
So now there is a bunch of fresh red meat where the banksters used to be. Comical. AS IF squashing the price down for 5 days in an obvious managed conspiracy play would somehow increase the percentage of silver in the Earth's crust. AS IF silver would no longer simultaneously be the world's best conductor of heat and electricity and best reflector of light, something the technologically and scientifically oriented have already noted.
Hip tip to the FED and other unindicted co-conspirators: Manipulating the price of Ag to less than 1/16 the price of Au is a scheme doomed to fail and will result in severe unintended consequences.
I got problems, I laughed SO FUCKING HARD when I read this.
Fundamentalz, Bitchez!
Any significance to the 3,000+ Put open interest @ $270 - $280 in CME for May ?
Now imagine what this chart will look like later this year http://i55.tinypic.com/34g5ze0.jpg
thank you very much.
Barbarous relics ;-)
If I weren't such a fucking libertarian, I'd say you need to revoke junking privileges from the trolls, Tyler.
Did I mention I am a libertarian with a big fucking gun, assholes?
Don't take it personally. ZH attracts a lot of TSA employees on lunch break.
LOL. And homeland security when they aren't taking reports about suspicous people at walmart.
or suspicious people on ZH :-))
Those of us who shop at WalMart AND haunt ZeroHedge are really screwed. Well, Sam's Club...but probably the same in the end.
But, Homeland Insecurity ain't got nuffin' on me...I have my own lists....
Ignore feature would be more useful. The junk system really only is good for junking a single highly annoying post in the thread.
Put your silver rounds in your ass and your glcok in your mouth.
^---He mad.
You do have a way of bringing the gay cyberstalkers out of the woodwork. Here we were, having a perfectly nice talk about silver investment, and this dude comes from out of nowhere and wants to put some sort of Star Trek cock in your mouth. If he had mentioned animals or pissing, I would have thought we had our latest incarnation of William the Bastard.
Oh look another faggot chimes in his 2 cents from the monkey seats
Put down the hand mirror.
Actually, he is. He now claims he isn't working because he "has a million dollars".
The truth is he isn't working because he smokes crack. That much is CLEAR from his inarticulate assed posts.
If you name him you give him power.
whats a glcok?
That's whats in wirtschaftswunders mouth.
He's got one in his greasy cans too!
LOL - ++++
Tyler
We need a thread to get all the canadians putting in their two cents on the Liberal Party leadership non-election. All others would be invited to participate of course.
I am a Canadian, and i am not sure it is relevant for at least another 2 years.
The liberal party needs to regroup. Justin Trudeau is NOT his old man. There are no viable bilingual candidates. So take leadership off the table, for as long as possible. Rebuild the core brand and then seek a candidate to represent the brand.
Also rebuild the Party's finances. Not like they can afford a leadership convention right now.
Elizabeth
I was asking Tyler to post a thread so this could be argued there and not distract from Mosley bitch slapping the trolls.
Just wait. You look great in that dress btw.
I should have known you were Canadian. 8 months a year of sub freezing weather has a way of honing that sarcastic edge.
As a Canadian, perhaps you can explain this to me ... all over Canada, one sees bilingual signs, there at the insistence of Quebec, and yet ... when one goes to Quebec, all the signs are in French only. Hey! Did I just get my first glimmer of cognitive dissonance?
Bill 101 in Quebec regulates non-French signage to ensure it is much less prominent than French. It`s not non-existant just hard to see (on purpose).
The supreme court could rule it unconstitutional but then QC would use the notwithstanding clause and continue on. At work I had to smuggle in my own English keyboard because they even regulate that and the QC keyboard is such garbage. Happy people though!
I used a French colleague's laptop in Paris. I was confused. If I recall correctly, the M key was up somewhere where our F8 key would be. WTF?!? Aren't there any French words that use the letter M?
'Merde' immediately comes to mind.
As a Canadian, perhaps you can explain this to me ... all over Canada, one sees bilingual signs, there at the insistence of Quebec, and yet ... when one goes to Quebec, all the signs are in French only. Kinda made me go, "Hmm." Or is this just an example of vicarious cognitive dissonance?
And when the wrecking crew comes in to work tomorrow and throws every damn thing, including the kitchen sink at this, the trolls will once again begin to crow about how it's going to 20.
I say the next bounce down is off 36-37, then you best clear a path, cause it's off to the fucking races.
Paper will burn, that is not in doubt. The only way paper doesn't burn is if the spot market moves away from the corrupt US and Europe.
Physical silver is correlated ~100% to spot on the way up, but only ~60% on the way down, as premiums rise as physical buyers come out in force.
But the trolls don't care about that. They are here for one reason, and one reason only--to separate YOU from YOUR SILVER. Their need to do this seems pathological. They clearly have an agenda, and it is NOT in your best interest to pay any attention to them.
I'll start buying at 24.... In October
I don't think you'll be able to afford a single ounce with your crack habit, boy.
Your obcessed with boys and butt crack. Every post mentions the material.
Hurp a derp.
Smoke some more crack.
Crack and boys all you post about. You're a pederast and should be removed from society and castrated.
lol, you can't touch me on real issues, so you post meaningless drivel. Now you are calling me a pedophile. Fucking hilarious. What's next? Terrorist?
What a complete and utter loser you are.
You're... and Obsessed...
Yep. He's obsessed.
He's so obsessed he called t's work and tried to 'tattle' on him. Utterly pathetic.
Since that obviously didn't work...is he now going to up the ante and call Momma Tmos??
Who you callin boy, boy.
What name will you be using then? Just wondering.
They do this to collect their paychecks.
here you go leo.
http://www.businessinsider.com/irish-bombshell-government-raids-private-...
irish government stealing private pension fund money to help with expenses..........oh my, where have i heard of this idea before. all of you who have IRA's and pension funds etc. take notice. i believe they will do this here...........
Leo loves joo bux. What else do you expect from someone named Leo.
Pensions first, yes. They'll only dare to even suggest touching the IRAs and 401ks after they've burned through all that pension money; which , as I'm told, is substantial.
i figure they will say its a national financial emergency etc, and to be fair everyone has to contribute to the pot so people can continue to get checks. so they will confiscate all of the pension and 401k and IRA money and say it is going into a big government pension program. they are eyeing all of that cash and foaming at the mouth, that is for sure. they want that baby boomer money, at least what is left of it, after 2008.......
Did anyone else get a chance to buy ASEs at a 30 handle? I, like a freightened little kitten, did not.
I guess the COMEX can try to use Bloomberg's nanny-state PLAN (Personal Localized Alerting Network) to alert all citizens of the dangers of taking long positions in silver via unsolicited text messages on their cellphones.
And should you stand for delivery, well, that's probably a matter best handled by TSA grope-pervs.
I got mine (ASE's). But, I never make a right call, just got lucky. Kind of like the scratch off lottery ticket down at the 7-11. My wife thinks I'm brilliant though, so my lucky streak continues. Blythe better not screw this one up for me.
I bought a fuckload of silver buffalos.
Kind of glad of this sale. I wish it would last longer. The only way I can see that happening is if the CME and Co start playing their games again.
Come on, guys, lets have another week full of margin hikes!
New position limits coming.
Thank you Die-Mon-key!
Sarcastic..Honesty. Works for me.
Has the FED considered cleverly marketing new FRNs, not unlike those of WB7's above, as Sliver Certificates?
There could be a bonanza for those notes as wind of this silver thing begins to drift over the grazing herds....
Didn't that (silver certificates) get a President shot..??
Sadly they would probably be re-issued with JFK on them.
...CME preparing silver margin hike 6 through 666.
ZH humor
Simply the best
it's a race between QE's and silver margin hikes........QE's are behind.....
The headline is pure win. Tyler, you're really in best form today :)
Wasn't there a deer in the headlights not too long ago?
Tyler,
You've asked a question... here's an answer, which incidently I posted last night and was junked.
There is no #UCKIN DIFFERENCE between margin and QE2. It just means that the major players are using money from the QE2 pot now as opposed to the exchanges' money.
Expect to see another run up in silver and gold. With the onset of the end of June, then get ready to watch a real commodity bubble pop. You ain't seen nothing yet.
you might be right, for a little while anyway, until the re-Flation re-sumes in re-sponse to the re-versal
That's exactly what's going on. There is a massive amount of liquidity sitting on the sidelines. I'm long physical silver, but expect a major, major correction to happen prior to the moonshot.
Everyone in the know understands that (barring another apocolyptic event) the end of QE2 will bring a market correction, money returning to the US dollar and repricing of metals, so if you know you can drive silver up another 20+% over the next several weeks, then cash out, you'd be a fool not to.
But don't get too comforted by a rise in the US$... that will be short lived. Once the Eurozone starts to collapse and the US' debt woes still not fixed, there's the stage set for your run in PMs.
http://img269.imageshack.us/i/slvh.png/
Technically speaking, it's still a bear flag. But technicals have proven worthless in this faux market.
In the words of Snoop Dog - William Bazai - you are a mutha-f@ckin' Hustler - u betta ax somebody! That $1 bill of Bernanke is the damn Mona Lisa of our day! Look WB captured da Bernank - He was born to print fiat & as ugly as any dead president!
I think somebody is junking everyone top to bottom.
Yup - trying to break your resolve like a bear-raiding banksta cartel. Ain't gonna happen.
Sorry mine was an accidental mouse click
Long Oil
http://www.youtube.com/watch?v=fStSySO23Ls
Better hope QE3 happens, or else...
peak happened.
Silver might be back to 40 tomorrow.
sweet...
still on your knees?
Talking about yourself again. Sucking dick for crack.
"Hurr, I gotsa a million dollas n dun hafta wurk, hurrrrrrr."
There you go again. Youre the one that every post refers to dicks and crack. Youre kinda creepy are ya tough guy?
You're the one who continuously projects his own characteristics onto others.
Moron.
Smoke more crack. The pain is still there.
No you are and I said it about you first asshole.
Still not a reader, I see.
Your scintillating wit, profound erudition, and finely honed, wonderfully articulate sagacity leave me .... somehow less than impressed.
Guffaw.
OK, go easy, my first post with most of you & you are all in rare form tonite. Been reading for a while, have gotten on the silver train myself, am still learning from all of you. Less pissing contests & more intelligent discussions & solutions would be of value. Just a Mother & Grandmother, but I can hang with most of you, I promise. We are all in this crap storm together, so lets pull together.
Welcome
Thanks, appreciate it, feels good to be part of this group.
A warm welcome from me as well :).
Welcome. Nevermind the junks.... in threads like this one, "certain people" just junk everyone.
Thank you Rynak & June.
I have been reading this site for quite a while.
There are a lot of very smart people here with some great ideas. It's really hard to get a plan together when you already know the game is rigged, these politicians are ruthless & pure evil. It is just a little easier when you can bitch, moan & groan with like minded people.
If you're serious about being new to silver, there are worse things you could do than to check out Turd Ferguson's blog. Welcome to the asylum:
noun /??s?l?m/
asylums, plural
Thanks CD
and yes I have checked it out.
Trying to learn all I can. Never thought I would have to learn about a lot of this stuff.
But, since no one in my family is really taking any of this serious, I feel like this is a shelter of last resort. I feel like the asylum would be a vacation resort. At least you would expect "crazy" people to laugh & mock you. Anyhow, hope you guys keep giving good advice, because a lot of us really need it.
This is what most of these guys don't understand and don't want to here.
Bernanke Sends Signal to Carry Trade Speculators
http://thesheepletimes.com/2011/04/30/bernanke-sends-signal-to-carry-trade-speculators/
Free money game is over, additional monetary base is not possible by the velocity equation.
Good luck to you.
those benny bucks look every bit as authentic as bammer's birth certificate does.
but there is always the tell tale flaw. wouldn't geithner have signed it Timmah?
I have some insurance gold, but am a bit hesitant to go to all in PMs. I know QE3 is viewed as inevitable, but what happens if it doesn't happen? What will happen to silver bulls given Silver's Beta?
/sigh
You would think after QE2 (even though honestly that was more like the 100th or more time that the FED has done something similar) people would realize that the FED only has one option, dollar debasement. Not to mention maintaining real negative interest rates, or that the US federal government's solution to any problem is to spend money it doesn't have.
Look their are no guarantees as to what the FED will call what it does, but rest assured what ever it is it will involve you losing purchasing power. You want to look at a 100 year trend line of the price of gold and silver to give you an idea? Or a trend line showing the value of the dollar? You really want to bet against 100 years of the same trend that exists solely because it is a fiat monetary phenomenon? Be my guest.
There are many other factors influencing precious metals besides QEwhatever. An obvious disconnect has taken place between the US dollar and pm's. These days often times Gold and Silver rally right along side the dollar or vice versa. World wide demand from investors of all stripes including central banks are on the buy. The money masters are in an all out frenzy to keep the public believing that precious metals are topping out bubbles. And that the stock market is under bought, ripe with buying opportunities.
i posted this link last nite (not pushing wave theory). the third chart shows a magenta line, abt where we are now, just below the 50 dma. we look to be above the 50 right now (ussuming it's gone down a bit since roy m. published the chart), so we need to keep scratching & clawing to get a coupla closes above these lines, get thru this resistance, get them for support. this will also avoid a 14/50 death cross.
this is where you can buy a straddle---a put and a call, if you can shop diff ETF's and find premiums that aren't prohibitive. this is kinda like an eclipse---doesn't happen very often.
i'm retired & no longer trade stocks, options, anything, on any markets. gold & silver US coinage, and cash. i don't own much, but i don't owe 10 cents, and i try to be ready for each new, wonderful, zeroHedged day.
peace.
oops. here are the charts: Watching Silver Correct - SilverSeek.com
If you have money left, and already enough PM-insurance, invest it in other things that are of longterm use to you, especially if they would still be useful in case of hyperinflation.
The Bernank WILL print, because the "easy" (as opposed to hard) money users will point a gun at his head (maybe even literally!). The gravy train will roll until the biscuit wheels come off in the Great Implosion. You will know who's right when the debt ceiling gets raised again, with NO meaningful spending cuts due to take effect BEFORE the elections in 2012. No need for a crystal ball -- The purpose of a system is what it does...http://fofoa.blogspot.com/2011/04/deflation-or-hyperinflation.html
Learn the mechanics of QE, there is no "money printing". Scare tactics.
From Bernanke 60 minutes March 2009:
PELLEY Is that tax money that the Fed is spending?
BERNANKE It's not tax money. the banks have-- accounts with the Fed, much the same way that you have an account in a commercial bank. So, to lend to a bank, we simply use the computer to mark up the size of the account that they have with the Fed. so it's much more akin to printing money than it is to borrowing.
PELLEY You've been printing money?
BERNANKE Well, effectively. And we need to do that, because our economy is very weak and inflation is very low. when the economy begins to recover, that will be the time that we need to unwind those programs, raise interest rates, reduce the money supply, and make sure that we have a recovery that does not involve inflation
+39.04