This page has been archived and commenting is disabled.

Silver Closes Well Above $30 As The Dip Is Now Fully Bought

Tyler Durden's picture





 

It looks like the much maligned correction in silver is over. After surging nearly 3% on the day, silver is now back above the 20, 50 and 100 DMAs, and what was formerly resistance is now support. In fact, silver is less than $1 away from its recent nominal highs of $31.2375. It appears that speculators have Bought TFD with a vengeance. Hopefully, this also explains the massive silver purchases disclosed by the Mint (already at 838,000 ounces for February) and presented previously on Zero Hedge.

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 02/08/2011 - 15:16 | Link to Comment ZeroPower
ZeroPower's picture

Very nice indeed.

Held SIVR through the recent small blip, happy i didnt sell.

Tue, 02/08/2011 - 15:32 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Faux Red Neck is just unhappy to be missing the party!

That's OK, ZH is a big playground for us all.

Tue, 02/08/2011 - 15:37 | Link to Comment william the bastard
william the bastard's picture

Has to be tmosley cause neither one of them have ever been laid.

Tue, 02/08/2011 - 15:39 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Careful w/ tmosley, william!

He is good at grinding trolls into the dirt.  Best run & hide when he comes 'round...

Tue, 02/08/2011 - 15:43 | Link to Comment william the bastard
william the bastard's picture

timosely has no life but to post Zeroh or seeking alpha and now he's a hit on Youtube!

 

Tue, 02/08/2011 - 16:09 | Link to Comment chumbawamba
chumbawamba's picture

SilverFuturist is me, mother fucker.  You want to talk shit to my face?

Tue, 02/08/2011 - 16:32 | Link to Comment Temporalist
Temporalist's picture

+4445 subscribers

Tue, 02/08/2011 - 16:40 | Link to Comment Red Neck Repugnicant
Red Neck Repugnicant's picture

Personally, I thought my original comment was rather benign, but apparently not. 

So...

...allow me to re-phrase it:

I think it would be wise for all of us at ZeroHedge to listen to the following YouTube member:

http://www.youtube.com/user/silverfuturist#p/a/u/2/ejXK3Rk4ySU

His thoughts on silver perfectly mirror that of ZeroHedge, Sprott, Turd Ferguson and others.  

Tue, 02/08/2011 - 16:45 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

I did not see anything offensive about your post either Faux Red Neck.  No junk from me.

Thanks for the link!

Tue, 02/08/2011 - 16:50 | Link to Comment EscapeKey
EscapeKey's picture

.

Tue, 02/08/2011 - 17:19 | Link to Comment whatz that smell
whatz that smell's picture

hmmmm... what if blythe the master is long silver....? and max the keiser is her bitch?.... hmmmmmmm.

Tue, 02/08/2011 - 17:58 | Link to Comment JLee2027
JLee2027's picture

In any event, her short position is far larger than metal available to purchase for a long position and has been for years. She's fucked.

Tue, 02/08/2011 - 18:28 | Link to Comment Hephasteus
Hephasteus's picture

Ya what if a weakness is a strength masquerading as a weakness.

What if the chicken crossed the road got hit buy a car but wasn't dead. Jumped up and just started pecking  evybody!!!!

Tue, 02/08/2011 - 20:59 | Link to Comment Hulk
Hulk's picture

Rhode island red, no doubt...

Tue, 02/08/2011 - 16:52 | Link to Comment EscapeKey
EscapeKey's picture

 

WTF!?

 

Tue, 02/08/2011 - 16:53 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Faux Red Neck may be wrong, but I did not see anything that offended me.

Tue, 02/08/2011 - 16:58 | Link to Comment william the bastard
william the bastard's picture

The video speaks for itself and most of this blog.

 

Tue, 02/08/2011 - 17:05 | Link to Comment Red Neck Repugnicant
Red Neck Repugnicant's picture

That's because there was nothing offensive about it!  Lot's of thin skin around here.   

I hope you find SilverFuturist's commentary useful - I certainly do.  It's like a video version of ZeroHedge.  When I saw the video, I immediately thought the ZeroHedge silver bugs would find it informative, and, in many ways, a mirror to their own passion regarding silver.

Silver to $500!  Crash JP Morgue!

 

 

Tue, 02/08/2011 - 17:14 | Link to Comment william the bastard
william the bastard's picture

Positivity grade ++++

Wed, 02/09/2011 - 11:37 | Link to Comment GoinFawr
GoinFawr's picture

It's that time of year again

(Annual Trollin' assessment ratings; Apparently RNR just got awarded a 'Quadruple Plus Good'. Keep in mind the only rating higher is a 'Golden Shaft Up in the Tea Towel Holder', but they 'hand' that one out in person.)

Willy, baby,  I didn't know you'd made management, congratz!

Tue, 02/08/2011 - 17:52 | Link to Comment Sophist Economicus
Sophist Economicus's picture

....Hmmm, and guess what we think when we see Cramer with his 'BUY BUY BUY' and the CNBS folks performing fellatio with their sell side guests....LMFAO!!!

Tue, 02/08/2011 - 18:51 | Link to Comment tmosley
tmosley's picture

It's not about having thin skin.  You have simply made a lot of enemies here.  

But then, I guess that's what a true Republican does.  How does it feel to stick your nose where it's not wanted?  Fighting an unwinnable war for no particular reason, other than the fact that you hate those who disagree with you, and those who dare stand up to you, well, watch out!

Tue, 02/08/2011 - 19:49 | Link to Comment ColonelCooper
ColonelCooper's picture

Geez Dude.  Now I'm not sure whose head you're fucking with.

Tue, 02/08/2011 - 20:07 | Link to Comment tmosley
tmosley's picture

He thinks Republicans and Democrats are somehow different.  He looks down on Republicans as "low class", but doesn't realize that ideologically he is one.

Tue, 02/08/2011 - 20:26 | Link to Comment ColonelCooper
ColonelCooper's picture

Yeah, I know what you mean, but he IS the worst of the worst.  He passes judgement on people based on (basically) where they live.

The ultra irony of RnR is that if I tell an ethnic joke, he will take offense.  But as an arrogant "intellectual" he fails to realize that rural Montana and NYC (or whatever shithole he lives in) are as different as the US and Khazakstan.  But somehow in his fucked up mind, his passing judgement is fine, but anybody else's is "redneck, neanderthal, uninformed, blah, blah, blah."

Possibly the most hateful, deserving of a Chicklet Spitting ass kicking, son of a bitch who's ever posted here.

Yeah, RNR.. I just called you a biggoted, racist POS. 

 

Wed, 02/09/2011 - 00:05 | Link to Comment tmosley
tmosley's picture

Actually, he made a comment a while back about blacks and mulattoes having smaller brains than whites.  It was hideously disgusting.  Sure, he said it as if someone else was saying it, but that shit came out of his own head.

Tue, 02/08/2011 - 17:22 | Link to Comment gravitas
gravitas's picture

LOL redneck!

subtle delivery... watching this wacko's video is making me want to vomit (though I'm a fan of the PMs).

... as an aside kids, coke is an insidious thing.

Tue, 02/08/2011 - 18:01 | Link to Comment merehuman
merehuman's picture

i like silver futurist and understand its not cocaine or speed, i too was as enthusiastic as he when younger. I still get intense occasionally. Have you made a video? Are you aware ot how difficult it is for some to do that and overcome their own problems to put a useful; message out? I say the fellow deserves applause! As does Zerohedge and all who actively inform fellow citizens of the mess we are in.They are heroes who risk repercussions. What risk are you taking for your family, your country.

 

Easy to be a critic aint it?

Tue, 02/08/2011 - 18:24 | Link to Comment gravitas
gravitas's picture

I once had a video recording of me blowing out my birthday candles. (true story).

 

If it is that difficult to express one's message in video format, there are alternative mediums available... Just sayin.

Though feel free to applaud him and his endeavour all you'd like. We do not have to agree on the weightiness of his 'contribution' to the PM crowd.

 

Heros, risks and repercussions??? Lighten up mate. We're talking about a bit of shiny metal here for god sake.

Tue, 02/08/2011 - 19:41 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

No, it's not just shiny metal. Before this is all over anyone speaking the truth about anything that can be seen as against the state will be publicly ostracized and made an enemy of the state. Try reading a little history about what happens in countries that begin to destroy their currency. The powers that be will do anything to hold on to power.

You are naive at best.

Tue, 02/08/2011 - 19:44 | Link to Comment Jendrzejczyk
Jendrzejczyk's picture

I made a similar assmoric comment the last time SilvFut made an appearance and still regret it. Some other contributors set me straight. My asshat is getting too heavy to wear.

Wed, 02/09/2011 - 00:06 | Link to Comment tmosley
tmosley's picture

Mine too.  Most of my asshats are silver.  Very heavy.

Tue, 02/08/2011 - 18:44 | Link to Comment GetZeeGold
GetZeeGold's picture

 

I just always finding myself wondering what sort of meds SF is taking everytime I watch one of his vids.

Wed, 02/09/2011 - 19:22 | Link to Comment bigredmachine
bigredmachine's picture

stop fucking your siblings people. look at your results

Tue, 02/08/2011 - 16:33 | Link to Comment Hephasteus
Hephasteus's picture

It is not. You just want to fight.

Tue, 02/08/2011 - 17:15 | Link to Comment SilverIsKing
Tue, 02/08/2011 - 17:54 | Link to Comment merehuman
merehuman's picture

silverfuturist always talks like he is on speed, but its just his enthusiasm. You dont sound like the silver futurist at all.  !!??

Wed, 02/09/2011 - 02:07 | Link to Comment Golden monkey
Golden monkey's picture

JPM (black) representatives grab me by the neck, in addition of threatening me, while I was working.

The brutality at my workplace was not a mistake; but the voice recorder I got in my pocket was one.

Maher Arar, Alain Olivier and even L'agent Samson should have  one in their pockets.

The world if full of silverless monkeys.

Tue, 02/08/2011 - 21:01 | Link to Comment Hulk
Hulk's picture

more coffee please...

Tue, 02/08/2011 - 23:14 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

 

 

 

 

he will not obey, either,...

hmmm...Death Match?

Wed, 02/09/2011 - 02:14 | Link to Comment Golden monkey
Golden monkey's picture

Got you there, got you here.   Your only chance is looking forward.

Physical is still cheap. Better stop dum dum (stocks) moves.

I heard JPM is now fucked badly...

Tue, 02/08/2011 - 19:09 | Link to Comment Green Leader
Green Leader's picture

T. Mosley is on payroll.

Tue, 02/08/2011 - 19:34 | Link to Comment tmosley
tmosley's picture

lol, yeah, I get paid to tell people to buy physical gold and silver. 

Dumbass.

Tue, 02/08/2011 - 15:44 | Link to Comment Richard Head
Richard Head's picture

Pathetic, bastard.  Tmosley owns your ass.  I don't know how you can keep showing up around here, other than that you're just dense.

Tue, 02/08/2011 - 16:33 | Link to Comment ColonelCooper
ColonelCooper's picture

++++  William is possibly the dumbest troll to ever darken the doorstep of ZH.  He has yet to EVER hold his own against ANYONE who has taken him on.

Welcome to fight club Bitch. 

Tue, 02/08/2011 - 16:51 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Colonel, has ANY PM troll ever lasted long here at ZH?

Tue, 02/08/2011 - 16:59 | Link to Comment ColonelCooper
ColonelCooper's picture

Yes, because the chickenshits just reincarnate and start over.  It's like trying to kill zombies with rubber bullets.  They are void of rational thought, and no matter how many times you shoot them, the pricks just keep getting back up.

Tue, 02/08/2011 - 17:55 | Link to Comment JonNadler
JonNadler's picture

 I guess I need a whole new set of screen names. Can you suggest something, my imagination is drying up

JonnySmells

Two Bastards

SpauldingBravo?

Tue, 02/08/2011 - 18:42 | Link to Comment Hephasteus
Hephasteus's picture

You forgot judgesmailes. spalding's other unimaginative name.

 

Tue, 02/08/2011 - 16:59 | Link to Comment william the bastard
william the bastard's picture

seems like they get barred. some fight club.

Tue, 02/08/2011 - 17:11 | Link to Comment ColonelCooper
ColonelCooper's picture

You're still here.  Believe me, if popular opinion was grounds to get banned, you would be the first one gone.  I would at least make it to four.

Tue, 02/08/2011 - 17:16 | Link to Comment william the bastard
william the bastard's picture

Great idea !! Then you and teemislery and hep could then have your circle jerk in private instead for all to see.

Tue, 02/08/2011 - 18:49 | Link to Comment Hephasteus
Hephasteus's picture

Don't you let him get you down. You're a good pivot man.

http://www.urbandictionary.com/define.php?term=pivot%20man

Tue, 02/08/2011 - 18:53 | Link to Comment tmosley
tmosley's picture

in private instead for all to see

Fail.

Tue, 02/08/2011 - 19:40 | Link to Comment naughtius maximus
naughtius maximus's picture

Wow people are in a pissy mood today. Can I get a junk pluhlease?

Tue, 02/08/2011 - 19:51 | Link to Comment ColonelCooper
ColonelCooper's picture

Junked.  Cause even when it's for fun, I claim my junks.  Unlike most of the chickenshits around here.

Tue, 02/08/2011 - 20:11 | Link to Comment MsCreant
MsCreant's picture

I too put some junk in the trunk. One can also junk oneself if you want to get your own party started.

Tue, 02/08/2011 - 20:36 | Link to Comment ColonelCooper
ColonelCooper's picture

Wow, I never thought of that.  I've never pressed my own junk button, loosely speaking.

Wed, 02/09/2011 - 02:03 | Link to Comment StychoKiller
StychoKiller's picture

It cums highly recommended by Psychologists everywhere! :>O

Wed, 02/09/2011 - 19:26 | Link to Comment bigredmachine
bigredmachine's picture

fuck off farmboy

Tue, 02/08/2011 - 17:13 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Nope, not barred. Still registered here on ZH, but just stopped posting. I call that a natural death. Others would call it reincarnation as a new ZH ID.

http://www.zerohedge.com/users/johnny-bravo/track

http://www.zerohedge.com/users/master-bates/track

Tue, 02/08/2011 - 17:45 | Link to Comment Sophist Economicus
Sophist Economicus's picture

WHOA!  I didn't know that feature existed!   Hot steaming deal!!!!

Tue, 02/08/2011 - 17:51 | Link to Comment Sophist Economicus
Sophist Economicus's picture

Wow!   It's like, I can "find myself" on ZH...;)

Tue, 02/08/2011 - 18:19 | Link to Comment quasimodo
quasimodo's picture

I just wish there was an easier way to find my posts, instead of scrolling thru everything

Tue, 02/08/2011 - 18:29 | Link to Comment saulysw
saulysw's picture

+1 ... There are a lot of usability issues with the forum aspect of ZH. It should be easier to see your posts, and any replies to your posts. I wish it would highlight any updates to a thread you have already read, so you don't have to re-read the whole thing too.

Wed, 02/09/2011 - 10:13 | Link to Comment ZeroPower
ZeroPower's picture

+ like, infinity.

Tue, 02/08/2011 - 18:45 | Link to Comment tmosley
tmosley's picture

Yup.  It would be nice to be able to find posts by user.  Kind of hard to do with this format, though.

Tue, 02/08/2011 - 15:50 | Link to Comment Quinvarius
Quinvarius's picture

No one can get that happy while wearing pants. Therefore, I deduce that he is not wearing pants.

Tue, 02/08/2011 - 15:33 | Link to Comment EscapeKey
EscapeKey's picture

That guy needs to switch to decaf.

Tue, 02/08/2011 - 15:35 | Link to Comment Hephasteus
Hephasteus's picture

*cough* ritalin *cough*

Tue, 02/08/2011 - 16:39 | Link to Comment Sudden Debt
Sudden Debt's picture

DECAF IS FOR PUSSIES!!!

 

Tue, 02/08/2011 - 18:01 | Link to Comment whatz that smell
whatz that smell's picture

i once knew a poosy whom loved decaf, alas.

Tue, 02/08/2011 - 15:34 | Link to Comment Sean7k
Sean7k's picture

Don't think you pin him on TM, but pretty good find.

Tue, 02/08/2011 - 15:43 | Link to Comment d00daa
d00daa's picture

Your calls are a fucking joke, Repugnicunt.  Further, your desperate and not-so-veiled attempts at linking ZH with something "sinister" smacks desperately of the very "doomer" conspiracy shit you so love to make fun of.  Projection, like karma, is a bitch.

You are comedy gold.  Don't ever quit being you.

Tue, 02/08/2011 - 15:45 | Link to Comment william the bastard
william the bastard's picture

Yup. That put him away!

Tue, 02/08/2011 - 15:50 | Link to Comment d00daa
d00daa's picture

I'm sorry, I can't hear you with that giant silver dildo shoved down your throat.

 

Tue, 02/08/2011 - 16:22 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Look again william! 

Faux Red Neck done got junked off the thread.  Popular guy.

Tue, 02/08/2011 - 15:46 | Link to Comment monmick
monmick's picture

Looks like Max Kaiser's younger brother. Same voice too...

Tue, 02/08/2011 - 15:50 | Link to Comment Hook Line and S...
Hook Line and Sphincter's picture

RNR, you are warmly obnoxious and force me to show my rotten teeth as you make me grin. Caviat; I masturbate furiously when feeling such emotions. Try it! It makes the world sooooo much better.

Tue, 02/08/2011 - 15:37 | Link to Comment potatomafia
potatomafia's picture

We need "BTFD" bumper stickers!!!

Wed, 02/09/2011 - 01:41 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

i've been tagging goobermint cars with it, with a red or black sharpie, depending on the paint.

Tue, 02/08/2011 - 15:46 | Link to Comment unwashedmass
unwashedmass's picture

 

full and complete repudiation of Bennie Boy's magic printing press by the masses worldwide.

eat it, JPM. i hope you explode.

Tue, 02/08/2011 - 15:16 | Link to Comment slow_roast
slow_roast's picture

Fuck you JPM.

Tue, 02/08/2011 - 15:22 | Link to Comment Robot Traders Mom
Robot Traders Mom's picture

And fuck you Robot Gaylord and Hairless Wanger

Tue, 02/08/2011 - 15:27 | Link to Comment spartan117
spartan117's picture

You forgot to mention Spaling's Smelly Mom, William the Asshole, Goldmiddlefucker, Johnny Butthole, and Master Bater.  Probably all the same person, but who's counting.

Tue, 02/08/2011 - 15:29 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

And Math Man!  

Don't forget yet another of JonNadler's new trolls!  

All of them go to Blythe's place...

Tue, 02/08/2011 - 16:09 | Link to Comment Bastiat
Bastiat's picture

Right, MathMan -- he was bragging about his big Si put postion just the other day. 

Tue, 02/08/2011 - 18:55 | Link to Comment tmosley
tmosley's picture

If he really had them, he's hanging himself about now.

Tue, 02/08/2011 - 16:46 | Link to Comment JonNadler
JonNadler's picture

and where's Appaling Smells, that good for nothing lazybones. Report for work immediately, I command you to go back to your post at once and post something to scare the gold bugs NOW!!

Look:  DoChen is laughing his ass off at our expense

Tue, 02/08/2011 - 16:57 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Look:  DoChen is laughing his ass off at our expense 

I was ALREADY laughing really hard when I saw what you wrote!!!  Spooky good 100% prediction!!!

Tue, 02/08/2011 - 18:18 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Where's my old pal Abiggs?

Wed, 02/09/2011 - 11:42 | Link to Comment GoinFawr
GoinFawr's picture

Working, apparently.

Tue, 02/08/2011 - 15:39 | Link to Comment ZeroPower
ZeroPower's picture

To be fair, their long SPY and AAPL positions are nicely in the green as well.

Clearly, everything should be "BTFD'd".

Tue, 02/08/2011 - 16:48 | Link to Comment JonNadler
JonNadler's picture

oh shut up!

Tue, 02/08/2011 - 19:11 | Link to Comment hamurobby
hamurobby's picture

Shit I agree, around here its like "my boner chart is taller than yours" hahaha! But I do like to think in the end,  owning physical pm's will win hands down. In my opinion it is going to be a Minsky melt up in everything but currency.

Wed, 02/09/2011 - 03:29 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

RT's Mom:  RU married?

Tue, 02/08/2011 - 15:18 | Link to Comment yabyum
yabyum's picture

 I bet Blythe Masters feels like she got run over by a train. Stand back and let the big silver dogs eat!

Tue, 02/08/2011 - 15:21 | Link to Comment EscapeKey
EscapeKey's picture

How much can I get for my old speakerwire?

/Bought some Maples today cos I was bored. Impulse Amazon shopping is cheaper.

Tue, 02/08/2011 - 15:27 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

Pawn shops present unique opportunities for silver coins, purchasing that is.

Tue, 02/08/2011 - 15:38 | Link to Comment william the bastard
william the bastard's picture

Pawn dealers know more than you do dick head.

I prefer estate sales.

Tue, 02/08/2011 - 15:42 | Link to Comment EscapeKey
EscapeKey's picture

I suspect you mean like a '94 Ford Focus Estate in indeterminable condition.

Tue, 02/08/2011 - 16:37 | Link to Comment ColonelCooper
ColonelCooper's picture

So NOW you're a metal buyer? 

Holy come to fucking Jesus moment!

Fail.

Tue, 02/08/2011 - 17:00 | Link to Comment whatz that smell
whatz that smell's picture

beware pink jesus and his mighty righteous sword!

Tue, 02/08/2011 - 17:06 | Link to Comment william the bastard
william the bastard's picture

cows aren't capable of malicious forethought.

Tue, 02/08/2011 - 18:02 | Link to Comment whatz that smell
whatz that smell's picture

so true.

Tue, 02/08/2011 - 18:58 | Link to Comment tmosley
tmosley's picture

Some people know cows very well.  I'm sure Willy here can find the g-spot in the ten seconds it takes him to shoot his load.

Tue, 02/08/2011 - 19:06 | Link to Comment ColonelCooper
ColonelCooper's picture

" in the ten seconds it takes him to shoot his load."

Only if the cow is a bull, and only if it pisses all over him.

DISCLAIMER FOR THE PC (pain in the cunt) CROWD:  William "Wide Stance" Bastard is the one who started the gay shit (and outed himself at the same time) earlier; don't be getting all oversensitive and calling me autistic.

Tue, 02/08/2011 - 20:17 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

tmosley and ColonelCooper, two of ZH's prime Troll Terminators

Tue, 02/08/2011 - 22:02 | Link to Comment ColonelCooper
ColonelCooper's picture

That's really freaking funny, DoChen.  You got junked for supporting Mosley and myself on comments WE didn't even get junked on!

You're a good friend, DoChen.  Thanks.

Tue, 02/08/2011 - 17:15 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

Don't be so sure about that bastard.  (it's like we are calling each other names, but the names are indeed ours).  I sold a Polish Radom P-35 to a local pawn shop that NO OTHER GUN DEALER WOULD BUY FROM ME AT THE PRICE I WANTED.  Pieces missing and not even an officer's version of this Nazi pistol. 

Estate sales would make great sense.  I had a friend who called me over to his house a few months back. He saw some posts on facebook that I had put out on silver and he wanted to see what these items he had from his uncle's estate were worth.  Next thing I know I see 100 oz bars of silver coming to me.  One after the other, they just kept coming.

Back to your pawn comment, not all pawn dealers know more than me about everything. Vague generalizations will get you destroyed in a debate bastard.  Just like my spelling and grammar will get me destroyed in a thesis paper.

Tue, 02/08/2011 - 15:52 | Link to Comment MachoMan
MachoMan's picture

I am planning on selling my house and taking the equity to start a pawn shop...  once that gets going, it's microfarm time.

Pawn shops have a ridiculous amount of exemptions from laws in this state...  one of which is registering as a coin dealer...  this has not gone unnoticed.

Already got an FFL lined up...  just need to figure out what to do on the location and niche...  line of credit won't be difficult, but hoping to run as debt free as possible...  Figure a couple years will knock out any debt... 

I'm hoping it will be a good way of accumulating a decent inventory of gold in tax deductible fashion...

Tue, 02/08/2011 - 16:12 | Link to Comment chumbawamba
chumbawamba's picture

Not to mention a whole bunch of other interesting crap.

I am Chumbawamba.

Tue, 02/08/2011 - 17:16 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

Are you really the Silver futurist?  I saw the comment earlier.  Based on me only knowing your comments, I expected a less gentle looking man than the silver futurist.

Love you posts.  I am big fan.  Here, sign my wife's implanted D boobs please. 

Tue, 02/08/2011 - 17:34 | Link to Comment MachoMan
MachoMan's picture

No?  But I'll sign her boobs anyway!

Tue, 02/08/2011 - 17:38 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

"Best there is... past, present and future! Ohhhhh yeahhhh!"

Who junked my boob comment?  Come on mo'fo.  Step into the light.

Wed, 02/09/2011 - 03:20 | Link to Comment chumbawamba
chumbawamba's picture

Silver Futurist is one bad-ass mother fucker.

Do not fuck with Silver Futurist.

That being said, I will humbly sign your wife's tittays.

I am Chumbawamba.

Wed, 02/09/2011 - 06:03 | Link to Comment Golden monkey
Golden monkey's picture

Tyler knows that the futurist is skiny.

Only fats (really - nmw - obey).

(Sorry for (grammar) : a french jury will fiix the issue).

Tue, 02/08/2011 - 17:39 | Link to Comment Hook Line and S...
Hook Line and Sphincter's picture

As well as the opportunity to meet toothless ladies you can score tang, meth, Ag, stolen guitars and scabies from.

Tue, 02/08/2011 - 15:54 | Link to Comment terryg999
terryg999's picture

I was at a flea market not too long ago and silver rounds  ( junk silver dollars ) were being sold at about $5 below spot.  He only had maybe 30 of them.  I bought his 1878cc dollar instead.

Tue, 02/08/2011 - 15:19 | Link to Comment Misean
Misean's picture

Ah crap, I was looking for 25ish.

Tue, 02/08/2011 - 15:43 | Link to Comment nevadan
nevadan's picture

me too...  :(

Tue, 02/08/2011 - 15:20 | Link to Comment I Am The Unknow...
I Am The Unknown Comic's picture

The way the French pronounce Jamie Dimon's last name it sounds like "Demon."  So, let me just say in the most sincere way possible: FUCK YOU BACK TO HELL DEMON AND MASTERS! 

Tue, 02/08/2011 - 15:39 | Link to Comment I Am The Unknow...
I Am The Unknown Comic's picture

to the Blythe troll who junked me.....thanks for the junk and FUCK YOU TOO!

Tue, 02/08/2011 - 23:33 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

 

everyone seems quite sensitive, 2 day...isn't aggression about control, basically?   let's have some happy music...Cee-Lo Green – Fuck You (Lyrics On Screen) KillerHipHop.com  those niggas didn't write this about the Statue of Liberty, did they?  (ask yer dad, 000,000,0000)

Tue, 02/08/2011 - 15:20 | Link to Comment SilverRhino
SilverRhino's picture

Argentum caniculae! 

Sorry ... got carried away there for a second.

Tue, 02/08/2011 - 15:28 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Quite alright!

Carry on then.

Tue, 02/08/2011 - 15:20 | Link to Comment Pringsh Peensh
Pringsh Peensh's picture

Tyler,

 

Who is Wynter Benton...can you do any investigation into this?

Tue, 02/08/2011 - 15:29 | Link to Comment SirPlayomic
SirPlayomic's picture

If Tyler does find that out, he won't share that kind of info publically. At least, not unless he wants Benton suicided.

Tue, 02/08/2011 - 20:06 | Link to Comment ColonelCooper
ColonelCooper's picture

++++

From the ZH Manifesto:

our method: pseudonymous speech...

anonymity is a shield from the tyranny of the majority. it thus exemplifies the purpose behind the bill of rights, and of the first amendment in particular: to protect unpopular individuals from retaliation-- and their ideas from suppression-- at the hand of an intolerant society.

 

 

Wed, 02/09/2011 - 01:10 | Link to Comment tellsometruth
tellsometruth's picture
me likey Wynter Benton writes:  posted on Jan 27, 11 08:06PM

I am not a technician like Turd Ferguson and other far more accomplished technical analysts so I'll leave it up to them to interpret the charts from a purely technical viewpoint.

But in my opinion, the low in silver has now been reached. I base this conclusion on the fact that Blythe could not puncture yesterday's low point. Not even close. Gold got blasted right through 1322 like a hot knife through butter yet silver stubbornly clung to the $27 level and was no where close to the $26.50 level. Believe me, if Blythe wanted silver to crack $26, she has the firepower to do it easily.

The reason that she didnt was because she must somehow realize that the people she was selling her Mar contracts to were going to be standing for delivery. Believe me she knows when these people are buying.

Which gets me to my original post. This whole slam down in precious metalsm was all about silver. Gold was just the unfortunate mechanism and instrument by which Blythe worked her magic. She slammed down gold because she knew eventually traders would not be able to stand for delivery in Feb. The gold market is just too big. But you can buy every ounce that the comex CLAIM to have with a mere $2.8 billion. Blythe has access to that type of money in the folds of her couch at The Morgue's HQ.

You can see clearly now why she needs to suppress the price of silver and force traders to cough up the Mar contracts. Once the slam down in gold no longer has the desired effect than it is time to abandon that strategy. My guess (and it is only that for now) is that we have seen the low for silver.

If she is at all competent, then she will be sending the price of silver up by at least $2 by Feb 8 to make it more difficult for hedgies to raid the Comex. But we'll have to see. Either way as long as hedgies and big investors cough up about $5 billion in Feb, then Blythe and The Morgue will be in a world of hurt.

I want to clear up another point. Some people are interpreting that I am predicting a default in March. That is definitely NOT what I am predicting. All I am predicting is that there will be massive contracts that will be standing for delivery and each one of these contracts will be offered a huge premiums which will be settled in cash. You see, it is always more profitable to buy the Mar contracts settle in cash and then buy the May contracts and do it all over again.

It is as if you buy $1 billion worth of silver, sell it for $1.2 billion and buy the exact same position for $1 billion again. You really don't lose anything and someone automatically gives you 20 percent and you get to keep your position exactly as it was before. Well not exactly because the equivalent May contracts are slightly more than the corresponding Mar contracts. It's up to you what you want to do with your money but since it was so easy in December, why not do it again in March and then again in May?

It's as if you show up with 1 ounce of silver, The Morgue pays you 120% of the value of your holding, and you go back into the pits and buy it back at face value. Nothing could be easier and they are defenseless to stop it.

I know for a fact that the silver shorters are desperately trying to come up with physical silver from anywhere they can get it--from the SLV, the US Mint, foreign ETFs, anywhere they can get physical silver. Too bad it still won't be enough.

So watch for February and see how high silver spikes up. This whole slam down was The Morgue trying to get people to stop hoarding silver, so keep buying physical silver and they will fail. Good luck to all physical silver holders. Our time is close at hand.

Wed, 02/09/2011 - 02:14 | Link to Comment StychoKiller
StychoKiller's picture

How many times does Blythe have to get jerked around by the price whipsaw before her arms pop out of their sockets?

Tue, 02/08/2011 - 15:38 | Link to Comment FeralSerf
FeralSerf's picture

The Top 3 most attractive MBOT Dancers (1996-presen"

(3) WYNTER Benton (Oh, just for consistency -- but that 19 year-old Wynter did captivate me and made me a habitue of 895 generally like none other of the era.) If nothing else, the above should demonstrate how highly SUBJECTIVE is this topic. Misty FUCKING Phillips!!!!!

http://forum.myredbook.com/dcforum2/DCForumID11/12896.html

Tue, 02/08/2011 - 15:20 | Link to Comment Sean7k
Sean7k's picture

The tuesday handcuffs seem to be chaffing Blythes wrists. Perhaps she can find a way to get rid of the COT? 

Tue, 02/08/2011 - 15:45 | Link to Comment Temporalist
Temporalist's picture

Blythe likes the pain.  It hurts so good.

Tue, 02/08/2011 - 20:49 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

she's doin the best she can, hiring people to "analyse & interpret" and get the info out..., "but, you see, with the options, the long short of the commercial lg & prod., hasn't really changed by more than 1, or 2% relative to the inflation index in 2 weeks..." 

Tue, 02/08/2011 - 15:20 | Link to Comment Glasgow Gary
Glasgow Gary's picture

Price targets:

36 by April 1.

40 by May 1.

44 by June 30.

Back to 36-40 range by August 15.

50 by December 31.

 

GG

Tue, 02/08/2011 - 15:40 | Link to Comment william the bastard
william the bastard's picture

It's back to the yahoo boards for you

Tue, 02/08/2011 - 16:39 | Link to Comment ColonelCooper
ColonelCooper's picture

Now you're talking to yourself in the mirror.

Fail.  Again.

Wed, 02/09/2011 - 13:11 | Link to Comment Hephasteus
Hephasteus's picture

He stole that from you and is trying to use it.

Tue, 02/08/2011 - 16:42 | Link to Comment JonNadler
JonNadler's picture

even in the Yahoo boards they're not drinking the kool aid anymore. The 20 different names I have there to bash gold with immediately get thumbs down as soon as I post anything.

William, are you watching Blythie at the hospital's suicide ward tonight or is it my turn, come on you shmuck make yourself useful for once

Tue, 02/08/2011 - 17:01 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Damn, Blythe's in the hospital?

That explains why PMs are running up...

Wed, 02/09/2011 - 03:07 | Link to Comment Sheepneck
Sheepneck's picture

I'd love to hear your price predictions

Tue, 02/08/2011 - 15:24 | Link to Comment Hephasteus
Hephasteus's picture

Damn Gold and silver got CRUSHED.

Why didn't we listen to smells and robo.

Now we are the doomed. Our girlfriends will be sexing with the garbage man who bought apple, our mothers will not return our phone calls and write us out of the will for being such ignorant children. Our churches will kick us out in the street. We are a pariah.

http://www.youtube.com/watch?v=r7KuQpnfuuI

Tue, 02/08/2011 - 15:22 | Link to Comment topcallingtroll
topcallingtroll's picture

Damn you silver! You may win this round!

Tue, 02/08/2011 - 16:28 | Link to Comment Pladizow
Pladizow's picture

GO AWAY!

Tue, 02/08/2011 - 15:26 | Link to Comment truont
truont's picture

Why are people BTFD in silver?

China quadruped net imports of silver in 2010 vs 2009.

http://www.commodityonline.com/news/China-Silver-imports-hit-record-3500-tons-in-2010-36266-3-1.html

Lee Kui, a precious metals dealer in Beijing, said that a few years back, China used to export silver in big quantities. “For instance, in 2005, China made net exports of 3,000 tonnes of silver. In five years, the exporter of silver has become the importer of silver. This shows that Chinese demand for silver is soaring,” he said.

So, China switched from a 3000 ton exporter to a 3500 ton importer in 5 years.

That's a 6500 ton delta, or 208 M oz of silver.

Compare that to the 700 M oz WORLDWIDE annual production.

See what's going on here?

Paging RoboTrader....

Blight Masters, your move...

Tue, 02/08/2011 - 15:27 | Link to Comment Fagin_Lives
Fagin_Lives's picture

Wow.  Turd is looking rather accurate.

Tue, 02/08/2011 - 15:33 | Link to Comment fuu
fuu's picture

TF is the man.

Tue, 02/08/2011 - 16:48 | Link to Comment Turd Ferguson
Turd Ferguson's picture

Thank you.

Do NOT follow this link or you will be banned from the site!