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Monkey hammer meets bubble ....
Stick to using "blowtorch." It's the only thing you're good at.
You tend to grope when you're losing
You tend to lose when you're groping.
Not with women
Most women don't have an adam's apple.
Darn, is Blythe shimmy?
Treat Blythe like a farm animal.
Clearing Member Firms
Chief Financial Officers
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DATE: Thursday, January 20, 2011
Performance Bond Requirements:
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As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile
Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the
following products listed below.
The rates will be effective after the close of business on Friday, January 21, 2011.
Current rates as of:
Thursday, January 20, 2011.
Where is this Tyler Durden? I am losing my ass in Blue Star Airline, Teldar Paper, Anacott Steel, SLW and GLD!
You get me in at a 45-degree angle. All the way in. You slash and burn, you buy everything in sight up to 22.
I'll have a VERY IMPORTANT gold update later tonight. Will be sure to spam ZH when ready.
I'm on the edge of my seat in anticipation. Thanks, Turd.
You got it, Rock.
Give me till about midnight eastern, though. Maybe sooner but lots to do before then.
Here you go, Rocky.
Yes yes! Tell us more.
I am losing my ass in Anacott Steel, Blue Star Airlines, TelDar Paper, SLW and GOLD.
"Tell China that Blue Horse Shoe loves PM."
"Get Bud Fox on the phone! "
you guys are backwards. spreads went wider today. the carry is going up isn't it
could you post the curve? would be helpful if i am bass ackwards which it sounds like i am
I have my helmet on, go for it!
All that said, it's ridiculous for spreads to do this without a rally at some point.
What is the most the spread has been in contango between the first two liquid months for silver?
Or where can i find out?
Anyone here buying the spread in anticipation of a delivery squeeze?
Stakes are getting high as Gold's (1345) up trend from 2008 lows is at 1296 today. Very big decisions are going to be made soon.
indeed, the200 day moving average is next up in the 1280 area if we dont stabilize soon.
Silver already has Head and Shoulders top in as we broke 28, looking for 26.5 then 25 there.
Or 5000. Just as plausible as those Ouija boards you use on something that is manipulated.
Not really using a Ouija Board, just looking at the supply demand picture represented on by a bar chart. I don't know what you use.
So then you see the Head and Shoulders top from 28 - 31, right? Thats what common sense would tell you.
I pay no attention to the men pulling the puppet strings, and you shouldn't either. Stalin would call someone like you a "Useful idiot".
Common sense would also tell you to cost average in all the ay down to 26 if you think it's going that low. I don't. BTFD.
Don't bother. The bugs think they're the only ones buying or selling. They don't think someone else may be managing a P&L and have been late to the party in the recent rally. "what's consolidation? The fed could hyperinflate silver to 5000 in nanoseconds!!!"
I smell a stink here
why is this a surprise when we know who controls silver with the help of the fed government
it's a suprise because you don't need to sell spreads to fool the market. they are very illiquid. it's entirely possible that a bullion dealer is frontrunning someone who had spreads to sell.
Can't recall any widely heralded short squeeze "warnings" that actually played out.
1997: silver trading 4.50... spreads g ofrom contango to backwardation. mkt moves higher 3.00 in a few days. spreads go backwardated at a 40% negative costofcarry. Buffet locks it in, essentially lending the silver he took deliver of back to the miners he duped. i traded it.
footnote: he lent it back to them at a 40% negative carry on it because the govt asked. his intentions were to squeeze the industry. there are many other examples. But this should do.
Touche. Guess I'm thinking more about equities patterns but was there wide knowledge of the setup?
Didn't mean to be so snarky. to answer: widely understood? No. Widely known what was going on in terms of spreads adn metal coming out of the warehouse, yes. Spreads are coming in, why " I dont know that is weird, probably bullshit. Lets get a beer."
I can think of a few goldmiddlefinger in the equity markets. But, yeah, I tend to agree with you: the short squeeze theory is totally ridiculous and stupid to say the least. JPM isn't going to get "short squezzed" out of paper when the CFTC just confirmed the go ahead for them in the ongoing silver manipulation scheme....
This isn't a short squeeze. It's a classic hammer down. And they are going to keep hammering away. Seriously, short squeeze? Won't happen until the COMEX is wiped out which doesn't appear immediately immiment.
I'm long siver, but i expect to see the Chinese continue to push the price down thru JPM as they accumulate the phyiscal stuff. The spot price is a fucked up barometer for what the true price will probably be....
But patience is the name....which is what they are trying to hammer down on. Get the investment demand to wane; shore up physical.
It's a damn tug-o-war like everything else right now. But an immenent short squeeze theory is plain wrong-headed.
Yes you are correct! xag is a buy intrest in my book. 100sma-200sma. Silver is a much better value than gold! 25.73-22.02. I enjoy the larger contract size. I can trade a 4 pip spread on the spot market. It has real value. Not perceived value. I like it!
called my local dealer, only sterling available today....
If you don't know who the chump at the table is...it's you.
exactly. but we are flat.
damn, beat me to it...
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