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  • Tim Knight from...
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With Now Daily Margin Hikes In Silver, Is The SLV ETF Itself Next?

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Tue, 05/03/2011 - 12:48 | 1234619 vast-dom
vast-dom's picture

help -- is the SLV etf going to tank???

Tue, 05/03/2011 - 12:54 | 1234628 topcallingtroll
topcallingtroll's picture

I can tell by your comment that your money are belong to me now.

In Amerika you dont own SLV. SLV own you!

Tue, 05/03/2011 - 13:01 | 1234660 TruthInSunshine
TruthInSunshine's picture

OT, everyone, but is The Bernanke really feeling the heat and wrath?:

05-03 12:10: Fed talking about exit strategy from QE2 according to CNBC
Tue, 05/03/2011 - 13:05 | 1234692 earnyermoney
earnyermoney's picture

More jawboning to prop up the dollar, IMO. Watch what they do,

Tue, 05/03/2011 - 13:23 | 1234774 Johnny Lawrence
Johnny Lawrence's picture

If that happens, kiss the stock market goodbye. 

Tue, 05/03/2011 - 14:02 | 1234983 trav7777
trav7777's picture

another lemming who got sucked in by the idiot pumpers...silver to 60 by "next week" buy buy buy buy...even with an RSI of 88, buy buy buy

Tue, 05/03/2011 - 14:19 | 1235092 Bay of Pigs
Bay of Pigs's picture

I used to enjoy some of your posts, but now you're just a bitter asshole looking to hammer on those who disagree with you.

So when silver comes back up I'm sure you'll be there to congratulate the people who actually buy and hold long term?

No doubt Trav...

Tue, 05/03/2011 - 14:48 | 1235246 What does it al...
What does it all mean's picture

It's the otherway around with Trav777, ZH and its silver bugs are not being realistic....  

Tue, 05/03/2011 - 15:28 | 1235441 eisley79
eisley79's picture

yes, its fallen all the way back to when again?  10 years ago? 5 years ago? 2 years ago? 1 year ago?  6 months ago?

What is it, remind us again lol.  I went on vacation for a month and just got back, what happened?

Tue, 05/03/2011 - 16:10 | 1235600 jesse livermoore
jesse livermoore's picture

it fell all the way back  to last weeks levels.... hahahahahahahahaha

Tue, 05/03/2011 - 18:01 | 1235941 gmrpeabody
gmrpeabody's picture


Too funny...

Wed, 05/04/2011 - 15:12 | 1239693 LudwigVon
LudwigVon's picture


Tue, 05/03/2011 - 12:57 | 1234654 ruffian
ruffian's picture

have you never heard of CEF? do some homework................

Tue, 05/03/2011 - 13:06 | 1234702 Saxxon
Saxxon's picture

vast-dom; yes.

Now I understand the old-timers pounding the desk the last ten years about owning physical.

That hyperbolic spike chart was there for everyone to see.

Tue, 05/03/2011 - 13:14 | 1234727 HAL 9000
HAL 9000's picture

I expect it to fall to $32-34 for next support - just an educated guess.

John Hussman has been warning that this parabolic move would end.


Also significant, Eric Janszen (www.itulip.com) sold all his Silver last Friday. He's still holding gold as I understand. 

I follow a momentum system on commodities and rode SLV from 33 to 47, got out along with Janszen last week.






Tue, 05/03/2011 - 13:26 | 1234790 20smoney
20smoney's picture

yes Janszen bought silver at $4.50-ish and sold all at $48-ish for something like an 11x gain.  His target for gold is $5000/oz.  Guy's track record is excellent as he bailed completely in stocks in 2000 and went gold/cash/treasuries and rode it for a decade.  is exciting treasuries and silver.  Holding gold which he says is a much more larger position than he had in silver.

Tue, 05/03/2011 - 22:38 | 1236777 HAL 9000
HAL 9000's picture

Thanks much I hadn't seen his gold price target or had forgotten it. 

Tue, 05/03/2011 - 13:32 | 1234813 Johnny Lawrence
Johnny Lawrence's picture

I like Hussman a lot.  I respect any money manager who doesn't buy into the groupthink.

Tue, 05/03/2011 - 13:24 | 1234760 fiddler_on_the_roof
fiddler_on_the_roof's picture

Just sell your silver and move to Gold - you will get better peace of mind.

looks like JPM pumped silver to $50 and are now dumping it. Gold unmoved

because giants(CB's who are buyers) will not allow shorting of Gold.


I could be wrong, but heard silver going to 20's

Tue, 05/03/2011 - 13:34 | 1234833 Hephasteus
Hephasteus's picture

Yep. The people who sell massivly more silver than they have are going to drive it down to the 20's. Lots of good troll traffic through here. This would be a good place to set up a troll shop. You could sell june 40 35 and 30 troll puts and june 45 50 and 60 troll trap calls.

Tue, 05/03/2011 - 13:43 | 1234870 fiddler_on_the_roof
fiddler_on_the_roof's picture

aahh. Now I am a troll heh ? Then you must be a JPM silver pumper.

Why do you think JPM removed all the silver shorts last year around oct 2010 - so that they can short it after pumping it.

Look at my posting here to see if I am a troll. Just convert your silver to Gold, that's all I say.

Tue, 05/03/2011 - 14:24 | 1235110 Bay of Pigs
Bay of Pigs's picture

You obviously you don't know what JPM is doing by the sounds of it.

JPM a silver pumper? LMAO.

Tue, 05/03/2011 - 15:07 | 1235323 long juan silver
long juan silver's picture

is your asshole hurting?

Tue, 05/03/2011 - 15:24 | 1235406 Bay of Pigs
Bay of Pigs's picture

No, because I bought over ten years ago and haven't sold a thing.

You have trouble understanding "buy and hold" don't you?

Tue, 05/03/2011 - 16:18 | 1235625 eisley79
eisley79's picture

LJS =owned

Tue, 05/03/2011 - 16:18 | 1235627 tmosley
tmosley's picture

Huffing paint thinner will do that to you.

Tue, 05/03/2011 - 13:36 | 1234838 topcallingtroll
topcallingtroll's picture

Newbie silver puke commencing in 3...2...1..

Tue, 05/03/2011 - 13:38 | 1234849 Math Man
Math Man's picture

help -- is the SLV etf going to tank???


YES.  You should seriously consider selling your SLV or buying puts to hedge it.



Tue, 05/03/2011 - 15:35 | 1235458 Texas Gunslinger
Texas Gunslinger's picture

I'm not sure why everyone at ZeroHedge is so hostile towards you. Now you're proven right and everyone is even angrier with you!


You remind me of Gallileo and Copernicus, when they were persecuted for being RIGHT!


Tue, 05/03/2011 - 16:35 | 1235667 eisley79
eisley79's picture

ROFL, yes, look how far silver has fallen, its all over.  US debts have been paid off, all derivatives settled, all corporate, state and muni debt paid, budget balanced, interest rates are stable.  the USD is going to SOAR.


all the way back to...


3 weeks ago...


i am getting tired of making Dangertime my btch, some other troll step up who wants to get slapped down, i welcome all challengers.

Tue, 05/03/2011 - 13:52 | 1234944 SilverRhino
SilverRhino's picture

My big question for the members of this board.  I'm about to pull the trigger on another purchase.  

Just how far is this thing going to drop???  38? 35? 33?

Methman : fuck off and don't bother.  Your information is crap anyway.

Tue, 05/03/2011 - 14:01 | 1234979 Math Man
Math Man's picture

It only costs five bucks to dig it out of the ground.


Tue, 05/03/2011 - 15:05 | 1235327 long juan silver
long juan silver's picture

Met man you top ticked it dude!

Wed, 05/04/2011 - 15:21 | 1239745 LudwigVon
LudwigVon's picture

Yeah he called the top, sell at, what was it.... $34 ?

If thats the top I guess you might wanna set down that huffing habit for a minute...

Tue, 05/03/2011 - 16:08 | 1235589 akak
akak's picture

How much does it cost to bury you IN the ground?

Tue, 05/03/2011 - 14:09 | 1235036 Johnny Lawrence
Johnny Lawrence's picture

I'd really wait until there's support.  Right now, it's in a free fall.  50-day MA on the July futures is 39.65. 

Wed, 05/04/2011 - 15:26 | 1239759 LudwigVon
LudwigVon's picture

37.5 is a common level referenced, set buys there. Might not see that though, we dipped below 39 a lil ago and it came back up, its busy hitting its head on 39.75 now...

Now is a good time to add physical! Paper price is nicer and spreads will only get worse...


Tue, 05/03/2011 - 12:48 | 1234622 topcallingtroll
topcallingtroll's picture


You are getting to buy cheaper silver!

Tue, 05/03/2011 - 13:26 | 1234791 101 years and c...
101 years and counting's picture

where are you silver bugs buying your silver from?  APMEX?  is there a better option?

Tue, 05/03/2011 - 13:30 | 1234822 topcallingtroll
topcallingtroll's picture

I am not a silver bug.

I am more like a fair weather friend.

I always bought from golddealer.com
California Numismatics....best spreads i have found
free shipping and insurance.

Tue, 05/03/2011 - 15:13 | 1235357 espirit
espirit's picture


Low premium.

Tue, 05/03/2011 - 15:23 | 1235403 ATM
ATM's picture

American Century sells bullion with a 1% mark up over spot. At least I know they sell gold like that, I think they sell silver.

Tue, 05/03/2011 - 15:55 | 1235539 Moe Howard
Moe Howard's picture

I use Provident. APMEX is honest but higher ship & hand & premiums on ASEs.

I hear Gainsville is good too, but I have never used them.

Monarch is good for rough stuff and small lots. I have a 10 oz rough pour from them people like.

Tue, 05/03/2011 - 13:09 | 1234624 What does it al...
What does it all mean's picture

Buy on the dip...  same advice all the time!  LOSE MONEY!


All the silver bugs have been played...


Tue, 05/03/2011 - 13:33 | 1234821 Johnny Lawrence
Johnny Lawrence's picture

Yes, I was played.  I only made 70% in a few months.

Tue, 05/03/2011 - 13:36 | 1234842 Hephasteus
Hephasteus's picture

Aren't you a big giant sucker. You willl be crying at the horrendous set up and sucker play. All the silver holders will fold and leave you hanging. You can't trust us.

Tue, 05/03/2011 - 13:47 | 1234914 topcallingtroll
topcallingtroll's picture

U r da bomb!

I always look.for your posts

Tue, 05/03/2011 - 13:34 | 1234843 What does it al...
What does it all mean's picture

So you sold?  Or waiting for it to go to 50%?

Tue, 05/03/2011 - 13:49 | 1234909 Johnny Lawrence
Johnny Lawrence's picture

Yes, I sold.  I still love the PMs on a fundamental level, but the chart looks very sick right now.  I'll look to get back in if there's support around the 50-day MA. 

Tue, 05/03/2011 - 14:44 | 1235235 Hephasteus
Hephasteus's picture

Good luck getting back in.

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