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Bang Dae ho !
Anybody now why the Dollar got wacked at 8 eastern? Futures are bumping the highs, maybe the Bernank got brand new bag?
'Cause no war; NK's leader declined to demonstrate his military genius to the capitalist, imperialist aggressors, and all their running dogs.
He saw the "Team America" spot light shining against the clouds. ;-)
Was wondering the same thing myself and went long - several times - in the 6e (Euro futures). Picked up a quick-G.
do these bankers ever do anything on the up-and-up? it's just a matter of time until they get the short squeeze of all short squeezes. now gaga fans are getting on board, and that is a few hundred million people under 25 years old world wide.
Fool - silver braces?? - when the times comes, someone gonna rip your teeth out for the metal. Also, Good luck trying to get by TSA. That's no way to transport silver.
Thanks for sharing this. Hilarious.
a G-note, no big deal. ;)
Thanks for that link El Hosel. Man, I miss that kind of talent that James Brown had. It's a Banksta's World!
What difference does it make when the physical runs out. They cover their behinds until they can not deliver. They protect themseves from the CFTC "cough-cough," and they protect themselves from the lawsuits including the RICOs, but it is only going to be until the longs demand delivery from the shorts and they can not deliver then the game is up.
I'd like to see a lottery winner invest $100,000,000 into silver. That'd definately put JPM into a bind overnight.
After I win the Megamillions tomorrow night, I promise to invest a sizable portion of my winnings into physical silver. I might only net $50,000,000 or so but that should help.
That's exactly what I forecasted on a previous post concerning the end of the silver manipulation.
"Now, they will have to use shell companies to do the job".
Yup. You can bet mass defaults will proceed the minute JPM and HSBC have offloaded the last of their shorts.
Won't be long now.
I wish, but I'm not convinced about that. I hope you're right though.
Try to get a good 8 hours of sleep in the interim.
I do distinctly remember you making that call TGP. I completely agree, let the defaults roll.
JPM has been replaced by the Fed itself as the main gold and silver short. TPTB were not pleased with the recent run up and JPM has been benched.
When I read the piece I thought, bag-holders. Proxies designed to fail. Thinking Real Estate tricks. It just seems the Fed has enough problems without adding silver shorts. But, your probably right.
Maybe they are setting up phantom Caribean banks to be bag holders so when TSHTF it's the phantom guys hold the hot potatos. I don't know. That sounds too easy to get off.
sounds like a plan...its supposed to be easy; these guys dont care what u and i think about it as long as it is legal; and if it is not lets change the laws and make it legal. Voila!
The mining industry needs to take a page out of OPECs book and sell through a network... cut the parasites out.
restricting sales would work except that most funds and who knows how many stocks are shorted and naked shorted. there is so much fiat at the disposal of tptb that the perception is easy to feed to those that don't know whats going on other than whats on the front page of the msm.
there is a day coming when only physical will matter. the spot price will be as meaningless as the politicians and their criminal banker bosses.
merry Christmas to all.
I don't know, FOFOA and Bix Weir say like you. But without a collective association working to Free Gold it's all in the favor of the crooks.
fair, efficient, balanced markets at work......nothing to see!
Big Mother is watching.
Final act of a dying FIAT currency economy. Hold the line.....
does this matter now? let them short themselves silly....i, for one, will gratefully accept any opportunity to purchase silver lower....hell, dream of my life would be they take it to 25 and the 100k i just pulled out of the market would go into hard silver bullion in a heartbeat....which i would take delivery of and sock away in the old safety deposit.
At this point, i think we should all stop whining about what these guys are doing -- they are suiciding out, kamakaizing....
let them do it, and let them throw out cheap silver bullion all the way into the heart of implosion......
I'll be quadrupling my personal silver investments over the coming two months if silver holds steady. I'll be doubling my gold holdings as well. I'm not in it for returns, I'm in it for capital preservation and a lingering hope that JPM will be forced to fail one day.
Look for a desperate act such as a massive take down to shake out gold and silver. This could be our final chance to buy at lower prices. I have been hoping/expecting this.
Only in your dreams will that happen. It would collapse the physical market in a week and the crooks would be heading up river real quick.
Perhaps you are right and it is a dream, but perhaps these idiots are more desperate than we can imagine and are willing to try anything to forestall the inevitable.
Same here. Would really like one more opportunity to grab some physical silver below $20/oz before it blows up
Below $20??? hahahah, good luck. We see $100 before we see $20 again.
The Bearing, not having a brain in the middle, just a hole, just mindlessly buys PMs as income rolls in in. Just bought some gold and silver today. Been buying silver for years, gold for decades.
Doug Cass sees a $250 drop in gold within the next few weeks or first month of 2012.
That's my contrary indicator. He could be right, of course. If so, I'll relish the idea of picking up some more at a reduced rate. I'm selling off all the silver generic rounds and art bars to build up some cash for possible buy-in at a nice price. I've got about 120 rounds/bars so I can either buy some cheaper gold, or, worst case I'll have cash to stash.
JP's problem isn't just demand that's picking up but also the inflation that doesn't really exist according to Bernanke:
If the paper pushers drop the price to $19, only the stupid would sell physical for that. Look at 2008...paper silver went to $9, physical demand went through the roof and jumped over $20.
Bottom line, it's a bull market, if your waiting for a better price under $20, good luck because you'll need it. A lot of it. Really a lot. Like winning the lottery odds.
Low 20's isn't out of the question. Gold has done 9-12% corrections over the past couple years, no reason silver can't double those swings.
If you can't handle the volatility, you may want to hedge...
This isn't yesteryear. The system is coming apart and demand for precious metals has zoomed.
It's not going in the low 20's ever again. I'd bet my life on it.
I remember that. I bought silver eagles when silver was at $9.50. There was so much demand for physical that premiums skyrocketed to $5.50 each so I had to pay 15 usd per eagle. Nothing but a paper manipulation...
Yes, I remember that very well. Cheapest I got the morning it touched 8.50 was buffalos for 12.50. Picked up a bunch of maples at 14 and my 2009 koalas cost me 14.30.
Buying Silver http://www.youtube.com/watch?v=fWEBhrUPzFk
JP's enemy isn't only the demand for silver that's picking up, but also inflation that doesn't really exist according to Bernanke:
It's not inflation if you don't look.
Only terrorists will look for truth.
Bingo. By the way, isn't the whole 'net neutrality' thing being sorted out today on capitol hill?
The peasants are sure getting all uppity with this mostly unrestricted free-flow of information. Time to redesignate them as 'terrorists' or 'anti-gubment radical insurgents', and start controlling just what sort of info the 'useless eaters' have access to.
I'm a believer that we'll see a dramatic physical shortage come March, 2011. I think we'll also see a great buying opportunity before that as the Fed lets the air out of the equities markets (finally!). The US equities are disgustingly overbought and all indicators say its purely digital hot potatoe as we're all aware. When the stock bubble pops is when I'll commit my remaining ammunition. It'll happen long before March.
Ditto on the March 2011 time frame. I expect a dip between now and then.
the u.s. equities are disgustingly overbought...just like the u.s. politicians
coal and oil have very bullish charts. weak dolla. inflation soon.
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