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Silver just passed $38 as gold just hit a new all time high. What can one say but "Thank you Chairsatan."
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Silver, Bitchez...
BTFD a few weeks ago, SO GLAD I DID :)
$DXY = 75.50
MISSION ACCOMPLISHED
Silver is moving independently of oil and gold (H/T Turd), I think this sudden surge is more about the expiring silver contracts as more and more people catch on to how undervalued this metal is and how pervasive its price manipulation has been
Photo montage of Blythe...
http://dont-tread-on.me/blythe-masters-of-jp-morgue-rides-the-silver-roc...
She's having a Fuku moment.
Now that's fuckin funny!
Junking fools, now be educated: http://www.sprott.com/Docs/MarketsataGlance/11_10%20The%20Double-Barreled%20Silver%20Issue_FINAL.pdf
Math man. Paging Math Man. Do you read me?
He's in accouting class and he has to run the dildo store tonight.
As if I have any effect on the markets with my measly $500 trading account!
I am just trying to have a good time and keep up with inflation a bit.
That being said, END THE FED!
You are an inspiration to 13 year old girls everywhere!
Thanks Deacon, although I will be 21 this May ;)
BTFD, doesn't mean much to kids that have 50 cents in their pockets.
With $500 and a trading account with 100x leverage, you can buy about 1,300 oz of silver at $38. A move from $38 to $39 will give you a $1,300 profit, or 260% ROI. A move down to $37.62...well...it's only 500 bucks. :)
And if it moves to 35 on a massive set of raids?
Then you''ll be glad you used your Dad's credit card.
Nope. I was emancipated from my parents at 16 (DEAD SERIOUS).
Credit is evil.
And if it moves to 35 on a massive set of raids?
fer realz. i scraped and scrounged my way into 44 toz. as a college student on a shit budget over this semester....my car needs about $1500 in work that I spent on silver instead, so now I ride my bike a lot. Sucks being broke as a result, but at least Ag is affordable to the poor man. I wanted the fucking dip so bad last week, but I still value my kidneys enough to keep both.
you datin anyone, shawty? Holla at yer boy
http://www.youtube.com/watch?v=x9t9xQ8msJg
LOL, made my morning!^^^. Thanks for the laugh.
http://www.youtube.com/watch?v=xJMD5R8stRc
http://www.youtube.com/watch?v=MxzmjGJeBJg
The Keynesian solution:
http://www.youtube.com/watch?v=98958txVSrE
Just funny:
http://www.youtube.com/watch?v=sh7B7s3-pGs
I have MUCH more gold chains than that guy LOL
That your here at 25, and have your head screwed halfway on about these issues is amazing to begin with.
Good on you girl!.
+1 Deacon
And there's the whole rub.
I just wish I could get people to grasp what is going on here.
Everything is up in dollar terms.
And whether we get one last grasp at "dollar safety" or not, this is the
CRACK UP BOOM.
The news and rumor control are now completely irrelevant to the "market" because everyone is a chasing a "return" on something/anything.
Most have no idea that whatever "return" they make will still be rendered worthless.
There is no longer any reason to hold any paper asset.
I find it a little hard to breathe whenever I think about this. I mean, are we really here now? It certainly feels that way.
When this one pops are there enough taxpayers on earth to service the new debt associated with the required bailouts? If not, then it really will be time for a great reset.
There is no longer any reason to hold any paper asset.
Somebody gets it....
No matter how good the stock, it's dangerous to hold stocks now. Markets and Banks will be closing when the Crack up Boom strikes. In Egypt, the stock market has been closed for 2 months. What good is stock then?
Damn, so much for resistance at 38.
Ditto, when I dip, you dip, we dip.
Get ready for the pullback to $1225 gold and $23 silver. Without it, this bull market will not go as long or as high. Way overbought in both right now. Long term bull needs the pullback to ensure longer rise and higher top.
Gotta disagree, this PM market hasn't even started in the USA.
People are in rectal defilade.
For this Mkt to be overbought, it has to draw in the sheeple, at best maybe, maybe 10% are in it in any way, form or fashion.
If it were way overbought you would be seeing 6 mos deliveries on Slvr, and Gold.
Not even close.
Excellent!
BTFS-Buy the fucking spike.
It will be yesterdays dip.......
+1
Endorphin rush . . . where's Meth Man or Rotorooter to tell me that it "only costs 5 bucks to dig it out of the ground" and blah blah blah . . .
He has apologized to his masters -- formally -- and will soon be replaced by three more artificial personalities.
Fed delenda est.
Radioactive bitchez!
http://finance.yahoo.com/news/Toyota-tells-US-plants-cnnm-1619359983.htm...
toyota shutting down US operations because of supply line issues
silver to 45 before the end of april....
Expect 3,000-5,000 new claims (or at least a bunch of pissed off line workers who won't get paid, but can't do shit about it).
Some people are making a big deal of this, but have completely forgotten what happened about a year ago.
Remember the Toyota brake problem? They shut down their factories on a number of models until they could get all of the problems fixed. IIRC, they were shut down for a longer period of time.
So, if they can get their factories open this weekend as scheduled, it's not going to be a big deal.
Saw it pop that cherry, pretty good.
We are going much higher
http://www.youtube.com/user/BrotherJohnF?feature=mhum
$3 off Johnny Bravo disappearance territory.
but, but math man said silver was going down to $20! or was it $5?
math man? math man!!!!!!
All in all he's just another troll corpse in the road.
I actually sort of miss Johnny Bravo.
He can be found in one of the many tent cities around Boulder, CO if you want to go visit.
i was in boulder a few months ago, nice town , good restaurants , truckloads of college kids, dont remember seeing tents?
Not in the center of town, anyways.
Not anymore. He hitched a ride to warmer climes: Saint Petersburg FL - Hope City (higher end Tent City).
Didn't he say he'd off himself if gold ever hit $1450? I wonder what he's doing at this instant.............
Sitting on a couch in a house trailer, ignoring the phone that won't stop ringing, and staring at a silver bullet in the palm of his hand.
Fed delenda est.
He could not afford a telephone this time and he sold the trailer for paper money. Now he's renting a tent in St Pete FL and soliciting... yeah, soliciting.
i remember he was long on illinois municipal bonds and put every penny in them
I miss Johnny Bravo too, he's buried on Boot Hill, I've heard.
Long metal detectors..
but my wife is complaining all her friends are planning trips to disney on facebook
Disney is the worst vacation anyone could plan. Totaly overpriced garbage. Let the sheep do what they want! Within a year theyll be in food riots, so let them have their sheeple american fun now.
Yes, by all means do it now, next year will be the ALL AROUND THE TENT CITY TOUR.
I figure it's time (tomorrow for Blythe to throw a wrench in this Lil UP^, and if the damned paper holders do not sell en masse.
Gotta get this beach thru $40.00.............
Greatest vacation spot ever what are you talking about? First off in Florida you get to sweat profusely in humid 90degree days, when it's not monsooning. Then wait in line for hours to get on 2 rides a day, if you're lucky. Also paying 20x normal prices for anything you could buy, deflation be damned. It gets better as you get to follow around "dibilitated" people riding in their "powered mobility aids" or families with their 7 kids and Off-Road Utility baby carriages. Luckily the nicest people are the pedophiles who often masquerade as "Disney collectors" but if you don't have kids they're not you're concern.
The true beauty of it is they fingerprint you, so they have all of the real idiots identified for life!
Disney pioneered 'thought' police.
fuck Dinsey..take them camping or something like that.
Who wants to hang out around a bunch of fat people who ALL dress the same, act the same, talk the same, and think the same?
The ZHeeple?
2 Zerohedgers LIKE Disneyland? Big whatever to that!
My hunch is the food riots in the US will be a reality by August 2011.
Facebook is where you go to complain about the weather and hit on your ex girlfriend.
It's 2 ounces of silver to get into the Magic Kingdom. Soon to accept Maple Leaves.
Wasn't too long ago it was five.
Deflation in terms of PMs, bitches!
Always nice to see 'deflation' used correctly in a sentence.
Facebook = realization of Orwells "people spending their lives watching other people's lives."
And you thought soap operas were bad...
Yep.
Also Facebook = the intimate details of hundreds of millions of peoples' lives - complete with pictures, videos, stories, social interactions, and a lot of financial information...
... all stored in one single database.
It's beyond Orwellian - it's Biblical.
+1
I strongly dislike the Facebook. Unfortunately I had an account until about 3 years ago, so I'm sure I'm still in the system.
Tar Babies are sticky
Strongly recommend staying away from Facebook, between them and Google they are NOTHING but Gvt info gathering machines.Traitors.
Yea, but since everyone and their brother have accounts there you would probably stand out for not having one. You'd probably be better off setting up an account and putting a bunch of bullshit info on it like how much you love Disneyland and Obama. You could also say that you are so happy about the great job that Ben Bernanke is doing on the economic recovery.
Imagine what the East German Stazi could have done with Facebook. The possibilities would have been endless.
So take her somewhere. Saving ponzi money, for what.
Either on your deathbed or during depression, you'll say; "I'm really glad I did not spend alittle cash having a good time with my loved ones".
Get your priorities, straight. Prepare your best, then make the best out of the rest.
>> Get your priorities, straight. Prepare your best, then make the best out of the rest.
Excellent advice, if you have the option. I liquidated all my city assets. Start to finish, it took me 6 years. Took a small chunk of the proceeds and bought some acres out in the stick. Took a large chunk and put it in metals. I left a large (for me) chunk in cash that I'm now spending traveling the country. I've been a frantic saver and bean counter my whole life. Not on this journey. I'm not being a fool, but I'm not letting costs stand in the way of us enjoying the fruits of my labor now. It makes watching this whole slow motion train wreck much easier to handle. Carpe Diem.
The expected consequence of printing money.
Bernanke, say something, I wanna know how you feel, cause you are driving my precious metals crazy :-)
I love Ben, he's keeping his word, print or die! This is Sparta bitchez... and the Chinese are not even awake.
meanwhile, the dollar resumes it's course to Zimbabwe.
Toyota, Honda, Nissan, Mazda, Subaru, Sony, Mistubishi, yen, yen, yen, yen--carry...carry...carry....
Heh
http://www.moronail.net/img/6899_zimbabwe-vs-usd
"Like that matters"
This is very bullish!
Thank you, Chairsatan! You keep floating your eye-candy equities which are actually plunging in purchasing power while I hold my silver which is kicking the crap out of your BS equity junk! Thanks buddy!
yes and Gold has just taken out its $1,444 record ....and nothing Benny the Bean can do about it but have the PM's rubbed under his Fiat nose... "nobody wants to buy Gold" right Benny?
Anyone think we see $1,450.00 close today?.
Higher it gets, more sheeples will Jump in.
Doesn't our club want all the peeps to be buying gold n silver? The more the merrier! Better us lil peeps than the TTBTF m-fers
CNBS saying the prior top was $1449.
Time to ramp up production on those salted bars. Luckily it's hard to do that with silver because it is so likely to be melted down and used for something.
No big news yet today, wonder what's causing the spike?
see tanking US Dollar... down another -0.50% today
Ah, gotcha, I'm still new to all the cause/effect.
You're new to me as well, but welcome just the same, enjoy the fight club!
Well met, and thanks.
2nd rule of fight club....buy physical silver, and dont tell anyone(where its hidden)
and accept it as payment for goods/services rendered.
Disclaimer: only applies where legal, when all taxes paid/reported, and when all T's are dotted and I's are crossed; because 3/5 TBTF banks say holding physical silver/gold may lead to tongue warts, and ear pimples.
...and still falling...at an alarming rate.
yeah no shit... 74 you think?
I think if it breaks below 75, then the next real support is 74.25(ish)...if that breaks...72.50 is sure to come. Below that...70...below that....we're in uncharted territory...and a truly dangerous place.
I think below 70 is all out war territory because it (system) becomes totally unstable. Plus with the Yen tether as shaky as it is.... watch out below anyway.
ORI
http://aadivaahan.wordpress.com/2011/03/24/lets-start-from-the-very-beginning-a-very-good/
ORI,
The european plutocracies started World War III in Libya already.
And don't forget the tragedy of Japan, facing East in sacrifice.
Another front is about to open up. Just when you thought you'd seen it all.
Indeed Ahmee. Sadder still, imagine WWI And II. What was available in terms of kill-power and the wanton destruction that was wrought (NO one, no one should Forget Dresden).
And now....so we may have seen nothing yet.
Quite a sorry state.
ORI
Dresden was nothing compared to Leningrad or Stalingrad.
or Hamburg?
Did you fill up the tank in your car this morning? Gasoline is up this morning and it's beginning to kick people in the head leaving a "Buy Gold and Silver" rubber burn.
I BTFD yesterday.
Diesel? ;)
It could be increasingly screaming fact that everything is screwed and Bennie will have to print like a madman to push the day of reckoning down the road a bit.
Yup.
Markets must stay GREEN!
g/s ratio has now got a 37 handle, wow.....
At this instant, gold = silver squared.
$38.02 * 38.02 g/s
If I knew how to access charts, I would love to follow the Ag/JPM ratio. This particular correlation is shapping up to be the battle in the war of currencies.
Knock yourself out.
http://stockcharts.com/h-sc/ui?s=$GOLD:$SILVER&p=D&yr=2&mn=0&dy=0&id=p91410969708
Any way to extend out beyond 3 years?
@NotApplicable
nicely done, + 38.02
but is it worth trading my petro-currency for silver
$38 an oz but the $ is nosediving
I dont know, I bought 90% of mine at $8-$10.
Nice sweet spot
I got in at $12. My family thought I had gone nuts because I cleaned out all the 401k and IRA accounts. Now they call me an evil genius.
Gotta just love a DCA under $14.
SD, I hate you...................LOL
Everybody hated me back then too, I was the village idiot buying some crazy silver coins when the thing to do was flip real estate.
Yea Hawwww. Hows that feel JPM. Need more vasoline, too bad, take it dry bitchez.
I was reading one of Robos posts. He stated that JPM silver shorts are now long and JPM is profiting immensely. Is this correct?
If it is, they have somewhere to store it. JPM was approved to be a COMEX depository -- in just 2 days:
http://www.scribd.com/doc/51212528/JP-Morgan-Facility-CFTC-Approval-with...
JPM's facility at 1 Chase Manhattan Plaza is literally across the street from the New York Fed. Beneath the New York Fed is a huge vault containing custodial metal and presumably a large part of the 10M oz Au the Fed supposedly has. Would there be, I don't know, any tunnels connecting these two?
Cogent thoughts from a guy at alphaville
http://seekingalpha.com/article/259549-will-jpmorgan-now-make-and-take-d...
Where are Methman and Williamthe Bastard and BiggerDickus now?
Eating irradiated crow...
Involved in an ugly 3-way.
http://www.youtube.com/watch?v=ZeSXvATLmSU&feature=related
Don't worry, the three whoresmen of the AgPocalypse will be back when Silver 'crashes' back to 37.10
Lurking and junking, apparently.
Absolutely pathetic bunch of craven cowards.
I read the news yesterday and could not help buying more USO, GLD, PALL and SLV.
The flood of money, the unending wars, lack of leadership across the globe, meltdowns (due to poor construction?), and on and on....oil, gold, silver and palladium...Hard Assets.
WaaaaaHooooo BTFspike!!!
PMs have kicked the shitz out of equities for a decade... and they are still doing it!
I think PM's are money, and 'somebody' (hi, chairsatan!) is kicking the poo out of equities and the LOLlar. Lots of fixed-income little old grammas and grampas are getting hit with this, so I'm not terribly pleased. I'd trade all my PMs for a sound currency, but that would mean no more fractional reserve banking.
Meanwhile, a little disk of a 90% silver 'liberty' dime is worth 2.75 in LOLlars right now.
Your last sentence was a nice example of how, if you have physical PM's, you are already holding 'sound currency'.
Tunami - Bullish
Nuclear disaster - Bullish
Endless War - Bullish
President absent - Bullish
Fed Printing - Bullish
44 Million on Food stamps - Bullish
Consumer confidence down - Bullish
WHAT TTHE FUCK IS BEARISH?
Reality is bearish...while stocks may appear slightly green, (barely) reality says theyre getting their teeth curb stomped in real purchasing power terms.
An Interest rate hike...........
Running out of ink - Bearish
The Bernank: Ink, we don't need no stinking ink! Just give me that keyboard. I can create a trillion in one second flat. Just make sure them assholes at the supreme court back off with their auditing shit. Tell them I'll give them a cut.
Cue RainbowTrader fawning over a chart of some BS equity stock or index which is purchasing power real value plunging in 3....2.....1...
i like the name rainbowtrader for our old buddy. i may have to malaprop on your genius, and change from catfish mouth to rainbowtrouttrader but still you get to collect all the residual licensing fees.
I love the 'catfishmouth' but I let you guys use that one :D
I'm getting a contact high from watching these price movements.
Lovin' every minute of it, too.