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Silver Takes A Sizable Lead Over JPM
And in exclusively silly, but oh so symbolic news, the race track crowd bursts into a frenzy following the ultimate comeback story, as One Ounce Of Silver has now taken a full length lead over One Share Of JPM Stock into the final stretch.
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Tyler please, you're going to send Robo into seizures.
Hi Ho silver, awaaaaaaay!
Ma-Ma-Max Headroom!
+!
20 minutes into the future. With a bullet.
I just got that show on 5 DVDs from netflix, already canceled my cable TV.
B-B-B-Blank Reg!
My screen name comes from the call of a horse race. So I'm loving the hell out of this.
What's the over/under on the JPM/Ag ratio reaching 2:1?
Maybe they can't print extra silver anymore...
THEY SURE CAN PRINT MORE SHARES!!
D I L U T I O N I S C O M I N G D E A R J P M S H A R E H O L D E R S
And silver went off at 10-1 odds! Put a ring around that winner!
Poethic Justice??
Hopefully the miners will also become free... free at last!!
It seems the miners have been caught in the recent downgrade of commodities by....um...I think it was Goldman?
I'm holding.. but on a day like today the miners are hard for me to figure out. But what do I know, I'm just a high school Econ teacher.
logged in to my trading account...
put sell order on screen for specified miner...
all good to go, ready to execute...
unplug ethernet connection and then hit Place Order.
will see if i can fool 'em this time. they usually rise a bit after a sell.
LOL
I love the little games (we) people play. Who says we are sane and sentient creatures just because we can build long bridges and tall buildings? That just makes us productive and maybe even efficient, not sane. :>)
"once an entity is self-aware, its consistency is lost"
I don't remember where I read this
My high school Economics teacher knew less than nothing. The school district actually had to change his credentials to "mark-to-model" just so he could teach.
Probably what my kids say about me, maybe worse. Who knows.. with the big bad school budget cuts in my hood, I could be selling used cars in a couple of months.
I had an awesome econ teacher. he taught the bullshit so fast it was unbelievable. Keynesian was 5 minutes of lecture. I knew something was up. He knew it was all falling apart and the old econ books would have to be dusted off and rewritten for the next generation. He did what needed to be done, drilled us on the basics and pushed critical thinking. If you aced everything else and skipped the critical thinking projects. you could technically pass with a D-, Students kept complaining about how economics is a science and math not a researching/thinking/writing class. He left one semester after I had him. I think I got lucky.
P.S. he owed a used car lot while teaching. last I heard he sold everything and is out of the country on retirement.
Hopefully I can keep buying them at these absurd levels before they take off again...
Max Keiser commonly talks about how this will be the death of JP Morgan. We shall see how it comes to pass. I know one thing, it can't be good for their short position.
http://silverliberationarmy.blogspot.com/
This might seem off topic but it's not.
http://vigilantcitizen.com/latestnews/michigan-police-search-drivers-cell-phones-durring-traffic-stops/
This is what we face, this is the NWO they are trying to install. You want a boot kick to the face? Then buy silver and quit supporting these people and their companies, they are using it against us. These multi-national conglomerates have bought the gov't, politicians, judges, lawyers and own the prison system. It's a giant club and us human resources are the fodder for their little games.
i have to agree. you're right.
I get you're point... but criminals are by default, using clever tactics to evade justice. Not saying the elitist don't think like criminals, just that in order to police for the common good in an age of high tech , I can see where such devices would help entrap some real scum bags. Remember these guys think like ass holes! They are not spending time buying silver.
i'm not on the mood to take the bait dewd. maybe someone else will fall for it.
I think Pinochet said "If your not doing anything wrong you shouldn't have anything to worry about."
Which is why I am grateful for Wikileaks. They counterbalance Homeland Security and the Patriot Act. The National Security card gets played way too much. A little transparency doesn't hurt anyone now does it?
definitely not...I feel like the Patriot Act grants us the right to seek whatever information we want, as well. Nothing is safe, your email address is sold every day as part of marketers' mailing lists, and your private information is handed around like a sorority slut at a frat party. no privacy anywhere, anymore.
www.forecastfortomorrow.com
you read me wrong.
@segestan, you're not thinking deep enough.
Maybe , but it's illegal to be anti----- you know ... to think Real deep.
Anyway... see you on the good side.
Umm, there's always ways to find criminals, without using this.
I wouldn't want this used to catch anybody...ever...no matter the crime.
There's ALWAYS another way.
This is pure fascism. There is NO PLACE in society for this.
Of course, they won't use it to even catch the people you are talking about, they'll use it to catch petty things, for revenue, to pay off the banksters.
Nazi Germany is here, and they don't even need a Nazi party, and it's sold to us as protection, or for scum bags.
Bush didn't understand a memo, so everybody's rights are now moot at airports for 10 years, including little girls being sexually assaulted.
There is absolutely no excuse for this. NONE. If anything, such fascist, unconstitutional methods if used, would let OFF a scumbag in court.
At some point, someone will fight a cop over this, and maybe get killed. That is one hell of a privacy invasion, for no reason, and it is unconstitutional.
As for JP Morgan, I still say 50 cents is at most what it's worth, like the Coca-cola from 'falling down', until it implodes and is worth 0.
That's all.
agreed gord but a tiny -1 for "trying to install"!
not trying, "they" have done it and are doing more.
f this bs! how do we do this?
we have to take back our courts. even their alleged law system has failed. we stand strong united together under common law, because it has been verified the rule of statutory law does not exist. if it did, certain guilty persons committing fraud in finances would have been in jail already.
since such is the case, i say we already have been facing a tyranny that needs to be brought back to original Constitutional intentions. we cannot grant them any jurisdiction to rule over us. in legal land silence is agreement. turn the tables. that silent contract we have with them relates to fiat money. it is by that contract of our silence that they exert power over us.
we no longer grant these psychopaths any jurisdiction! let them keep their worthless paper. we are backed with silver, friendships, family, god, guns, food, knowledge and vehicles among other things.
the judge can't say squat to a group of 25 or more in common decision in the courtroom. learn your common law. that's why they "single us out" to bring us into court, which by the way is their "place of business". so, for "us" to "use" their court to our favor, we need to have control of the court by common agreement from those present in mass.
think about it. basic law. "democracy" if you will.
foreclosures have to end and ending yesterday would be too soon.
these financial tyrants need a lot more than a wrist slap and a rule change.
what good are rule changes when you don't follow the rules anyway?
f the banksters plans to screw us forever. it's been on!
keep the peace.
keep stackin.
show some respect for the ones who died to create the Constitution.
420 silver bullets and silver shields bitchez!
Silver doesn't make me vomit when I think about it either.
that total recall avatar makes me want to vomit a little bit..."get to the reactor!" lol. fuck the Morgue, i hope every one of their execs burns and loses everything. and now Comex wants to buy silver back above price. lol.
www.forecastfortomorrow.com
But...but Silver has no yield!
And no dividend.
but you can sleep on it.. soundly
I'm long aluminum bullion. Silver is so 2010.
Good luck carrying that around
Good luck thinking I'll make change from your silver eagle when you buy my ham sandwich.
That's ok, I'll just buy the shop from your boss and fire your ass.
lol
I second that LOL.
I'll call your LOL, and raise you a LMAO!
<golf clap>
I'll be paying with pre-82 pennies.. not eagles.
lol, maybe post 82 pennies.
Zinc standard, bitches.
Where's you alter-fag-ego col cooper? delivering brownies for mom?
Awww, u butthurt?
I don't know mosley. He really seems to have a thing for you. I'd be careful. He may get off mission and spend most of his time trying to pitch you woo.
I'm long farmland...but I can't seem to get that into my pocket. Damn it!
NE Nevada dusty aint it?
not if you want to eat metal
That what you do?
Good luck with your radioactive farmland. Ask those Fuk-u-sheema farmers how they're doing.
No clue I'm in WI
And you can't eat dirt either.
Well....other than those childhood mud pies I once loved to make........and eat. :>)
well maybe not
OK CD, now I understand.
That explains a lot.
Actually dirt is the wrong word. Top soil or loam makes the best mud pies by far. Any local puddle will supply the needed high quality water. Top soil is more flavorful and very fluffy when baked at 350 degrees for 25 minutes. :>)
I have pictures.......which I will never share with my readers. It would spoil the picture your imagination has already created.
BTW I was a child eating mud pies during those insane above ground nuclear tests. Now THAT explains a lot.
TMI!
Thanks for the laughs CD!
The girl across the street had an EZBake Oven we used to use. I donated all my pies to charity and so never had one, but friends said they were yummy.
Do you think Bernankster and Krugman use an EZBake Oven to cook up their ideas?
Maybe the banksters will go the way of the EzBake oven:
No More Easy-Bake Oven After Incandescent Banhttp://earth911.com/news/2011/02/23/no-more-easy-bake-oven-after-incande...
That article is F*ing unbelievable. What kind of world do we live in? Surely they could find a replacement, if they wanted to. Guess they need to stop teaching little girls how to bake things.
I used to use a light bulb to keep my well from freezing in the winter. It was nice, because I could tell when it was on, as light would come out of the wellhouse. No longer. Now I have a little heater out there, and I never know if it is broken or not until my damn water stops flowing.
Unintended consequences shmonsequences.
That where gay guys in lubbock keep their moms?
Awww, u butthurt?
Have no fear, EZ Bake Ultimate is here.
Their ideas are half baked in the 4th (greed), 8th (fraud), and 9th (treachery) circles of Dante's Inferno. They may have to eat their own cooking someday.
Very nice comment. Bravo! :>)
They'll just say don't make us eat it. It damages us and makes us meaner.
Get it while you can- The PC EZBake Oven
http://www.thinkgeek.com/stuff/41/ezbake.shtml
It's all about Alaska...lots of land for sale, decently arable and the weather really isn't too tough to deal with. I'm about to move there by 2015.
www.forecastfortomorrow.com
I turn Aluminum into Gold and Silver by changing it's dimensional properties in accurate ways.
They call me a Machinist......
I'm long on kryptonite and unobtainium.
investors demanding a reverse spilt
And I wonder how JPMs silver short worked out? Cover, cover, cover!!!!!! Ironic isn't it?
Ed Steer says yesterday's raid just before the COMEX close was to prevent a margin call on the shorts. He also said,
"Here's a paragraph from silver analyst Ted Butler's private note to clients yesterday..."The facts still suggest higher silver prices, although sharp sell-offs must be expected...whether they are realized or not. [Emphasis mine. - Ed] The facts still point to silver greatly outperforming gold. Therefore, it still looks like the switch from gold to silver is a go. The facts still strongly suggest that silver should be held until three critical factors are played out...or clearly in force. The three critical factors are: widespread silver investment, the dissipation of the concentrated silver short position...and the coming silver industrial user inventory buying panic."
And lastly, my bullion dealer told me on the phone yesterday that he had another huge day at the store, with buyers everywhere. His main silver bullion supplier...one of the three biggest bullion dealers in the USA...advised him yesterday that they were no longer taking orders for 1-ounce rounds or 10-ounce bars...the two most popular sizes. On Monday they told him that new deliveries were extended to six weeks. Two days later, they weren't taking orders".
NO ORDERS?
I sometimes wonder if they have let silver run hyperparabolic as a last ditch attempt to cause a large sell off in gold when the silver price finally snaps back with elastic force. With silver running as crazy as this - the price movement is not sustainable without a correction or consolidation. I have been a pm investor for the past 10 years but the spike in silver I must say is a bit of a cause of concern. Or perhaps the spike is symbolizing that the fiat game is a lot closer to ending than most suspect.
I've been feeling the same way gemini. But we have to keep this run up in perspective. Silver needs to be triple digits even to meet its all time high. There's a lot less Silver around today and A LOT more demand than there was in the 80's. Corrections are always possible in every market ESPECIALLY Silver. Geeze Silver is the king of corrections. Even so fundamentals behind Silver look golden and I wont sell even if I see the price of Silver drop below $30 per oz again.
Considering how little press coverage silver has made, I haven't sold a thing either.
exactly...i'm waiting for the commercials to start popping up, then i'll know it's time to start shipping some out. I'm not letting my gold move an inch, though.
www.forecastfortomorrow.com
"a lot more demand?" from investment, maybe. But industrial? That fell off a cliff with digital photography. And you can feel free to regurgitate the usual suspects from the Investment rarities newsletter. Antibacterial this, solar panel that. Tiny quantities compared to the old days. All the johnny-come-latelys will be piling in, or already have, and will be easily shaken out as weak hands just in time for the glut of pawn shop and ebay scrap comes to market, right after the spring cleaning/yard sale season. As they say, the cure for high prices is .... high prices. I'll be sending a few pounds of scrap to the refinery next week.
With respect, you do not know what you are talking about --- that "fact" above is categorically untrue. Photography has not accounted for more than 25% of industrial demand for silver in many decades, and STILL accounts for well over 10% of industrial demand, so you are wildly exaggerating at the very least. Also, overall industrial demand remains very robust, and has grown every year for decades as well (with the notable exception of 2009). Please have at least a passing knowledge of the topic at hand before presuming to speak authoritatively about it.
http://www.silverinstitute.org/supply_demand.php
Getting anxious waiting for your Ted Butler newsletter to reassure you to buy the dip?
Proof is in the putting. Feel free to question 1 aspect of my analysis, overall this just got too frothy, too fast. Parabolic inflation hedges of non-parabolic currency devaluations. Ripe for a haircut. How's your industrial demand helping out now? Who's willing to stockpile inventory for their operations at these prices. Nope, the bottom fell out of this one. Peace out!
Survival (& fashion) news now: "They made me do it" says Blythe.
"My real love is tulips, so I'm going to open a garden centre".
Comments from PBOC governor on moving more reserves into more "non-ferrous" metals, hummm I wonder what those could be.
http://goldandsilverlinings.com/?p=762
...one is physically sound and the other is criminally insane.
we can't eat silver, but silver can eat JPM...it's slurping it up like soup.
we can't eat silver
yeah, we can...
2001:
Johnny Silver invests his $20K in silver @ $4/oz
Fiat Freddy invests his $20K in the Dow
TODAY:
Johnny Silver’s $20K is now worth $210K
Fiat Freddy’s $20K is now worth $25K
Who’s family can now eat better?
(Note: Project out another 5 years for similar results)
I'm long Blythe's Underwear.
Yup the way I see it she's about to dump a floater of silver bars in them that will be transport to a silver producer for processing.
Hidden silver is the real bull baby
I'll bet JPM traders are buying silver in personal accounts.
With bonuses they took from loan loss reserves.
FUBM
I Drink Your Milkshake JPM !!!
Cross completed, divergence on!
Let's get this tulip to $50. C'mon everyone, call up and order ten silver eagles. It's not that expensive and it will bankrupt JPM.
Aww is someone crying because he spilled his milk into his shorts?
You don't have much experience with options eh.
You don't have much experience being a less-than-transparent PM-bashing troll, do you?
I think silver is looking at that great big inverse head and shoulders just completing on the S&P500 and getting ready for the next equity blast off? Unbelievable but there it is and if we get through 1337 and then 1344...gone baby. Amazing what a little printing can do.
Ordered more physical last night but holding some ZSL at the same time (for a short term pull back?) til we are through near term resistance...then load up the paper side w/ SIL all over again?
Edit - ZSL stopped out. Silver is king.
Die GE
Die JPM
Actually you can eat Silver and Gold. Looks like it may have some interesting side effects as well.
http://www.purestcolloids.com/mesogold.php
Nano Particle Collodial Gold +30 IQ boost...eh, we shall see.
That would be 100% increase in my quotient; doubling like silver!
Nano particle. You mean they make outsized gold particles. Like blow up gold atoms. All gold is a nano particle. Yet they try to make it sound like it's fucking technology.
we few, we happy few, we band of silver holders.
sorry, couldn't resist.
It's OK, Lt. Chard!
...
I am glad I held off a little while in exchanging some Ag for Au. But, I will soon.
Even if sharp ZH-er tekhneek thinks it's dorky.
Pigs get slaughtered...
the thing is for all the years i have owned physical i never thought about it. but i hawked my paper holdings like a mother hen.
"...race track crowd bursts into a frenzy..."?
whateva Tyler...
Methinks you haz no silber. Too bad.
Youthinks wrong, I'm cheering as much as anyone.
I haven't been in a "racetrack crowd" (Meadowlands?) in maybe 30 years . It's a lot of fun to get excited for a big winner like Silver.
I'm teasing Tyler for the National Enquirer style copy.
You are implying he is wrong? Feel free to expand...
"Morgan Stanley's first-quarter profit fell 45% as a $655 million pretax loss from its joint venture with Mitsubishi UFJ Financial Group Inc. and weaker bond trading weighed on results at the investment bank."
http://tiny.cc/2qgkf
yeah, they only made a beellion clownbux. :weep:
ironic†
I lubs my silber. I shorely duz.
I love my Silver too but those Silver Stocks,ugh. I think JPM is shorting the stocks since they have lost control of my favourite shiny metal.
Would effing silber please return to $43 so I can buy moar plz kthxbai
It almost looks like a picturesque mountain scene. There you have the mountains and the alien green sky. The black water is still, reflecting the silver mountain perfectly.
If you look closely, you can see the zero hedgers dancing around.. buying the fucking dips.
Yesterday, the bear attack came at 1:05 or so. I'm betting 1:26 today.
Looks liek they tried already at 1150am, no?
I was kind of kidding but if 11:50 was it then today may be a good one indeed. I don't think it was but that's my opinion.
Volume dried up just before 1150, liquid lunch at the Comex before the holiday?
It does look that way, but I think it was a headfake as the volume on that try was nothing like yesterday's volume. I suspect the real effort will come just after 1 pm.
I'm waiting for it. Don't know if it will reach down to morning low or not. Ready to trade accordingly.
Should be interesting to see how much of a punch they have left in them. This is last key close before options expiry as london is closed monday. We will just see how much of a punch they have left. Good luck.
Yep. I smell something too. I think they can no longer play in the pool all day. Must save up for a few quick swims.
Yep. I smell something too. I think they can no longer play in the pool all day. Must save up for a few quick swims.
wow, that attempt at 1:18 pm was even weaker than the 11:50. Is that all they've got? I mean, where's the CME margin rate hike? Where's the high volume slam down on close? Where's the fedspeak about raising rates? Weak, just weak. Sure does show what POMO addicted junkies they are.
Great news, though.
Maybe JPM was the only one smacking silver and everybody else shot their wad on gold today?
silvertariot
Oh my, Blythe is naked again...... Do I take advantage of her? It's getting so easy and all she does is whimper a little. Why not! She's just up another $1 today.
*
LOL.
Must be nice to take Blythe so many times in a couple of days...
+ $46.00
just jumped
BTFD's only last a few minutes now. Blythe never gets any "satisfaction".
I have never seen anything like this
I have been raking it in this week with ITM calls on SLV. Almost to the point I fell uncomfortable
Enjoy Zimbabwe with a little Wiemar on the side.
Every Week now I convert end of week profits to physical silver at the coin guy near my house
he is giving my 5% on spot, now every-time i am in there he is talking to some sheep about how much silver is going up, i hope they don't listen
Tulane green wave.
I don't know if it's a bullish sign or a bearish sign but junk silver prices have really gone up in my area. I noticed Apmex sold all it's 1000 oz bars and it seems like it's other sizes are selling quickly for them. Maybe people got paid today because tomorrow is a holiday?
It's called a short squeeze.
I do not agree with Max Keiser that JPM will crash, because I believe they will (continue) to switch from a short to long position, but hey, what do I know. If I had to guess, another bank, most likely BAC or WFC as they are struggling anyway, will be thrown under the bus a la Lehman and with their horrible portfolio of weird real estate purchases they will also absorbe the brunt of the big and naked silver short. The Majors will swap spit as they do and one will die from disease to save the others from the reaper.
JPM has the fed in their back pocket. They cannot fail.
The House of John Pierpont Morgan invented the Federal Reserve system. The goal from the inception was that it started this game, and it will be the one to end it. JPM makes Goldman Sachs look like the errand boy.
Which means all silver buyers get their share of bailout dollars via JPM squeeze.
oh, i think they can fail. they'll just take the entire financial system of the anglosphere with them.
yep. just that little side note. spot on mick.
tbtf bwwwahahahahahaha.
not only fail, die!
silver bitchez!
Why do we wanna compare?
What has more Trust and how do YOU Value these two?
Nothing else matters:
http://www.youtube.com/watch?v=pdUUNF1bOIo
US Mint started selling the 2011 American Eagle Gold Proof Coins. Do you think they will sell out quickly? Just asking...
http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?cata...
Are there any possible "aces in the hole" that JPM has left? I am contemplating buying more PSLV, but, I am not sure if they (JPM) can do anything short term to bring silver down.
Bernanke is turning the US Dollar into Jew confetti. Gold and Silver have no where to go but up.