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So Much For The Sprott Silver Scare: "Every Dollar From PSLV Sales Was Reinvested In Silver Equities"
Earlier we reported that Sprott had sold $35 million worth of PSLV, which caused many to panic that the precious metals guru had indicated the market top in the market. Well, as it turns out and as he just told the Globe and Mail “We haven’t lost our enthusiasm for silver.” Quite the opposite...
So why the sales? “Every dollar of money that was raised by selling shares of [the Trust]... was reinvested in silver or silver equities,” he said.
While silver’s price per ounce has soared in recent months, “silver shares have not done as well, which is almost shocking in a way, and it looked like there were opportunities in either getting some premium on PSLV shares and buying silver or buying silver equities.” The sales were made at an average price of about $21, up from their $10 IPO price about six months ago.
But that doesn’t mean Mr. Sprott is abandoning his trust. He says he still holds around 25 per cent of the total trust units between his funds and his charitable foundation.
As for future public offerings following the IPO, he says he is sticking to a promise he has already made. “There will not be an offering that negatively impacts the premium on the PSLV,” he said.
Sprott is not the first to observe the harsh push on silver equities. As we noted some time ago, metals are outperforming equities by a ridiculous margin, which is why anyone who has to have a connection with capital markets (like an advisor) would be foolish not to take advantage of this relative mispricing. Which by the way is massive. As the chart below shows, while SILV is up 42% YTD, the SIL ETF is actually negative for the year! All Sprott is doing is taking profits from the upper line and reinvesting them in the lower one, once again proving that relative value compressiona/divergence trades are the only ones that make any remote sense under a centrally planned regime.
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Stupid people selling their silver... Eh tards, have the fundamentals changed? NO? Then don't sell your silver, TARDS.
I highly doubt people are selling their silver. Rather, algo's are arbitraging their futures contracts and pumping that liquidity into leveraged silver trades [miners and royalty companies]. But, you know, if you see long lines of guys with canvas sacks standing in line at the pawn shop, please let me know.
Word on the street is that the Rothschilds have lost patience with Dimon&Blythe.
Those two idiots were entrusted with a clear, simple mandate: to keep silver price supressed and to do it discreetly.
Due to their sheer stupidity and incompetence, they have managed to lower silver price from 10 to nearly 50 USD over the last few months, and in the process have blown wide open the possibility of a COMEX default and criminal charges against several banking outlets....and the jewel on the crown will be silver ripping away completely taking down the Roths with it.
It's not price discovery, it is VALUE discovery coming in a few days.
Dimon and Blythe? They won't face jail.
No....they will have a funeral at sea courtesy of the Roths.
Now THAT would be worth dancing in the streets in celebration for.
Anyone watching Silver? At 10pm central time the price is up and down a dollar in just a minute or two. Will constant dollar (or more) swings become the new norm?
Chinese markets aren't closed tonight, bitchez.
The margin hike game is up.
Like trying to stop an 18 wheeler with cardboard boxes.
MathMan and his gay overlords are toast.
Hey Blythe, BOHICA baby! Silver stallion rides again!
These comments from Sprott shouldn't be a surprise, he made comments in mid-march that he'd consider moving from silver bullion to silver equities at some point.
http://goldandsilverlinings.com/?p=856
Hey all, listen-in. I went into the Perth Mint today, did a big buy. In Silver they had only two 100oz bars left and everything else is...WAIT FOR IT...ancient 10oz bars of various sizes! LOL
Last week there was a line-up out the door and their entire inventory of Silver was cleaned-out.
I has gone from nuying lovely shiney bars to ancient cruddy things that look more like Lead Sinkers.
This shit's going down boys and girls, this shit is going down really soon.
Here's what I wrote earlier about these crashes.
Hi All, here's my take on what's happening.
If Banks and Financial entities realise that the USD is now doomed, who cares how much debt you have in USD, true???
So, if they buy huge short positions first, dropping the price of Gold and Silver, they can buy the artificial dip and take delivery of physical. Do a series of these events and you have dealt yourself back in the game.
Of course, there's no reason to come good on your short positions in USDs because they're worthless anyway.
You just need to con the CME into increasing the Margin Call, that's all.
Scam, scam, scam...BUT it really does confirm that physical is going to explode soon, very soon.
I've had a similar experience this week. I was in Dubai Saturday and bought the last 7 kilo bars in stock from the biggest silver dealer in the city. Several people came in right behind me and were turned away. In the US where my Dad buys for me, the dealer there who always had ample inventory, yesterday only had some pre-64 junk and one 100 oz. bar that was just sold to him... It's on baby, in a big way!!
First the story was "Osama did it."
Then the story was "he's unfindable and
he taunts us from his hidden cave."
Now the story is "We got him!" and Obama
called in the strike personally.
Why they are playing this card now is
open to question.
Could it have something to do with the
badly botched birth certificate forgery?
In the meantime, the mostly untold
9/11 story. One you probably haven't
heard.
It's hair raising in its implications and
100% nailed down accurate.
http://www.youtube.com/watch?v=_9uB64ghcq8&feature=related
Core Of Corruption, Volume 1
In The Shadows
{Full Film}
Thanks for that link. Excellent documentary ... absolutely full of documents, interviews, news footage and MSM documentary extracts at all steps along the way.
Anyone who watches it and then comes away believing that the ragheads acted alone needs to be euthanised ... as a danger to themselves and to any who depend on them for any decisions.
http://tfmetalsreport.blogspot.com/2011/05/three-times-in-five-days.html
Sorry Turd, when you posted the following on your blog you, respectfully, lost a lot of respect in my opinion:
"First of all and most importantly, as an American citizen, I am pleased that Osama bin Laden is dead. I am extraordinarily proud of the special forces and intelligence teams that carried out the mission that led to his demise. I am hopeful that this will bring some measure of closure for the families which lost loved ones nearly 10 years ago. Lastly, I beg you, please do not take this as an opportunity to pollute this blog with comments regarding 9/11 conspiracies and assorted CIA plots. If you strongly believe in that stuff, please vent somewhere else."
- How you can easily see the manipulation and corruption in the financial and commodities markets which lead to a lifetime of hardships, slavery and ultimately unnecessary death of citizens. And yet you don't seem to be able to make the 'leap' that your government would kill 3000 citizens on 9/11 to benefit themselves and their agenda... frankly i don't know.
A teenage suicide bomber wearing a school uniform killed at least 31 cadetsand wounded 40 more at an army training camp in northwest Pakistan today, officials said.
The bomber's uniform came from a nearby school, police official Abdullah Khan told the BBC. The disguise allowed the terrorist to bypass security checks at the heavily guarded Punjab Regiment Center in Mardan. He detonated his explosives at 8 a.m., as recruits were doing physical training on the parade ground.
A suicide bombing at the same training ground killed 35 people in 2006. Pakistan's GEO TV said it was the deadliest suicide attack in the country since Dec. 25, when a woman with a bomb strapped under her burqa killed 43 people at a U.N. food distribution point in the tribal district of Bajaur.
Khan told The Associated Press that an examination of body parts at the scene revealed that the bomber was a teenage boy -- an increasingly common phenomenon in Pakistan. In 2009, the Pakistani military released footage taken inside a Taliban training camp showing children as young as 11 being taught to become suicide bombers. Once trained, the young, brainwashed bombers are sold to other Taliban leaders for as much as $12,000.
http://www.aolnews.com/2011/02/10/schoolboy-bomber-kills-army-recruits-i...
And I made some nice cookies today too.
Which type? Choc chip?
Oatmeal raisin --- with silver sprinkles.
:-)
silver is down and Smales mail is back like flies on dung
I know, you predicted this huge drop in siver about $20's ago
LMAO
Irish Independent, 16 July 2010:
At the crucial September 25, 2008, meeting, Mr Neary insisted Anglo was not insolvent and that it had enough assets to cover its debts, new documents being investigated by the Dail spending watchdog reveal.
"There is no evidence to suggest Anglo is insolvent on a going-concern basis. It is simply unable to continue on a current basis from a liquidity point of view," he told the Taoiseach
Irish Times, 14 Oct 2008:
"Ireland's banks are solvent and will be able to offset potential losses on property loans with their better-performing loans"
The word 'eczema' comes from Greek words, that mean 'to boil over'. Dermatitis’ comes from the Greek word for skin – and both terms refer to exactly the same skin condition. In some languages, dermatitis and "eczema" are synonymous, while in other languages "dermatitis" implies an acute condition and "eczema" a chronic one.[5] The two conditions are often classified together.
Polesmoker ™
Talking about yourself again, lot lizard?
Yes, indeed I am!
And yours was the cheesiest, foulist, most pathetically shriveled little pole that I have ever smoked.
Next time, for God's sake, take a break from your four-day stints in your troll chair, hop in the shower and pop some Viagra, will ya?
Looks like with the Polesmoker post (paste from Urbandictionary, IMO) he was keeping up the thread of perfectly unrelated remarks without pointing fingers at anyone.
Just as one would expect from a troll AI program.
blah. Blech. MSM leaking into ZH via the condit of SS. 9-11 was an inside job. Learn it. Know it. Live it.
There is nothing into this charade for you, SS, besides the end of your republic.
fool
There's the problem people!!!!
"The disguise allowed the terrorist to bypass security checks at the heavily guarded Punjab Regiment Center in Mardan"
We force our children to have their naked picture taken and be groped by high school drop outs in order to ensure security in our country, and when was the last time we had a bomb go off over here? We don't need the Armed Forces over in the Middle East to secure peace, we need to send them the TSA!
very good point. turd is great, but unfortunately he leans to the right in politics, he is smart but not perfect. i wish him well in coming out of the left right bullshit. maybe he hasnt seen all the info we have. good luck turd in your search for the truth.
Well on the left-right BS - ZH is filled with Dems who voted for you know who and they still defend him.
What's your point?
They voted for Voldemort? 8[
Stop promoting the partisan charade. Don't play that game. And no I did not vote for Obummer from out of space.
+1. Although I will vote for Oblammer next time to get this wheezing train accelerating toward the tornadic shitstorm. Lets.Get.It.Over.With.
+1
Just Push The Goddamn Button, bitchez!
Oh no he's figured out our simple mindedness. Now we will have to run onto facebook and join the other simple minded cretins with an inability to shut the fuck up.
I'm just like totally polarized like fucking sunglasses now.
really, Turd.. Watch bld. 7 a few more times.
Awaken
dup
To those 9-11 conspiracy theorists:
If you truly think the American government orchestrated the 9-11 terrorist attacks, and all you do is sit at home and post comments on the internet about it, then you are truly the most pathetic, spineless individuals on the planet.
People in Egypt riot over the price of cotton and corn. You guys think the government flew jumbo jets into our sky scrapers, and all you can do is hunch over a keyboard and spew your nonsense. If you truly believe the garbage you post, and this is the extent of your action, then you are as worthless as the govenment you criticize.
I've only been here a week or so, but I've never seen a greater collection of kooks in my entire life. This really is the most bitter, paranoid, hate-filled corner of the internet I've ever experienced. I find the Zero Hedge articles fascinating, but I find the comments mostly despicable and full of evil. Everyone seems so miserable.
Jesus will handle your soul. Until then, you may want a psychologist to handle your head.
Gunslinger,
To the extent that posters here are bitter, unhappy, angry or miserable, it is probably in almost every case as a result of them waking up to and realizing the full measure to which they have been lied to, violated, cheated, swindled, persecuted and impoverished by an out-of-control, sociopathic elite who increasingly skillfully use the empty rhetoric of "patriotism", "sacrifice", and "defense" as finely-honed tools to further expand and further cement their enslavement of the average citizen to their centralized, one-world agenda.
What do YOU believe?
PS: This forum, like any other, has its own unique character and "culture", part of that culture being an essentially unlimited tolerance for often crude and irreverent language, as well as a very libertarian, free-thinking questioning of all dogmas, creeds, orthodoxies and shibboleths --- and yes, at times that can include christianity too. If you find this shocking or uncomfortable, please do not take it as an insult in any way if I suggest that this forum might be unsuited to you, your personality or your beliefs.
TexSlinger: Zero Hedge may be a little too rough for your tastes. There are more suitable websites for your sensibilities.
Go fuck yourself.
Dear Jesus,
Please send TG to Egypt with plenty of Haines t-shirts and corn nuts.
Amen
ps He told me the jumbo jets crashed into skyscrapers because he loves you. Amen
Don't you find it interesting that Osama was killed on Beltane? It's a pagan ritual that requires a human sacrifice. Whoever ordered Obama to kill Osama on May Day.. was a pagan not a Christian. If you beleive that Jesus rose from the dead. What makes you think other people can't follow thier own religious rituals.
Beltane is a northern euro fertility ritual thing. The same Europeans that setup NATO, aka the bilderberg. It's interesting that the Royal wedding was setup around the same time frame. Osama as a Beltane sacrifice was apparently America's wedding fertility gift to the British Royal Family.
+ 3 pentacles
Please change your avatar. You're fucking up the reputation of Texas. Sheeple production is not one of our strong points. It's 12:30am, I'm finally home from working two jobs. If I had the energy, I'd explain what a dumb ass you are. I'm also sure when the time comes to "take it back" you - "mister gunslinger" won't be man enough to join in.
Hi TG,
David Ray Griffin is a fellow Christian and a leading member of the 9/11 truth movement. Under the assumption that you really are a good Christian and that you do love America, please read the following book by Dr. Griffin:
"Christian Faith and the Truth Behind 9/11: A Call to Reflection and Action"
From the Publisher"WARNING: If, like most Americans calling themselves Christian, you prefer the comfort of acquiescing to the official version of 9/11 and the imperial wars it facilitated, DROP THIS BOOK NOW. But if you are open to the grace of honest inquiry and the risk of following the historical Jesus in confronting the evils of empire, this rigorously argued book is a MUST READ."
—Ray McGovern, CIA veteran analyst now with Tell the Word, a project of the ecumenical Church of the Saviour, Washington, D.C.
"David Griffin has previously made the case for the Bush administration’s complicity in 9/11 and the cover-up of this evidence by the 9/11 Commission. Here, in this important book, he puts these shocking realities in the context of Christian theology and the challenge to the churches. In a profound exploration of the nature and history of the demonic, Griffin suggests that American empire is a culmination of human demonic alienation from God."
—Rosemary Radford Ruether, emeritus scholar, Claremont Graduate University and Claremont School of Theology
"Do American Christians want the United States to act like the New Rome, invading other countries to impose its imperial rule and its control of other peoples’ resources? That is just what the U.S. is doing, increasingly so since 9/11, explains David Griffin. In this gripping summary of evidence for the truth behind 9/11 and the 9/11 Commission report, Griffin makes a compelling case that the imperial practices of the American government have become a destructive force in the world. And he clarifies the biblical and theological basis for Christians to challenge the resurgent American imperialism that often claims divine blessing on its destructive actions."
—Richard A. Horsley, Distinguished Professor of Liberal Arts and the Study of Religion, University of Massachusetts, and author of Jesus and Empire: The Kingdom of God and the New World Disorder
"Compelling reading. Here is a remarkably thorough presentation of facts regarding 9/11 events. Professor Griffin sets the events of 9/11 in a historical, religious, and philosophical context that is most enlightening. Although this context is also somewhat chilling, he holds out hope in his discussion of where we can go from here. I most highly recommend this book!"
—Steven E. Jones, Professor of Physics, Brigham Young University
wolverine
Gunslinger, I have to agree with you on this point:
"If you truly believe the garbage you post, and this is the extent of your action, then you are as worthless as the govenment you criticize."
It is a simple matter to go to:
www.ae911truth.org
and sign the petition there demanding a new 9/11 investigation. If you are an architect or engineer then you should especially be getting your butt over there.
To all who relish the thought of bringing down the Morgue and their silver manipulation, what could compare with bringing down the bastards behind 9/11 and the endless war on terror. Cracks are beginning to form already:
http://rememberbuilding7.org/buildingwhat-appears-on-geraldo-at-large-on...
wolverine
Thanks for that Funky, I noticed it as well. How you can call Wall Street full of shit and then turn around and say these adminsistrations aren't is frankly unacceptable.
Unless of course youa re part of the adminsitrations then it all makes sense
+1
Indeed, it calls his intelligence and rational thinking into question and shows him to be a JATA (just another technical analyst) ... interested in nothing but the charts and an incremental buck. Sad.
True.
911 was an inside job. ted butler thinks slv has physical behind it. my wife thinks the nuclear problem will always be japan's. the day charlie sheen went live with his open letter to the sock puppet asking for a new investigation into 9/11 the only ? i had was how will he be neutralized.
like the great mass murderer/war criminal henry kissenger said,' its all about perception'. or something like that. oh look , my glass is empty.
I resemble that remark.
+googleplex
"...great mass murderer/war criminal henry kissenger..."
You left out "of all time" between criminal and henry.
Please let me refill your glass on the house. You're drinking?
I say, "String the sonofabitch up." Or maybe a slow roasting a la Jaques de Moley. Dibs on the popcorn concession.
So many sheep on ZH junking you. Look up WTC 7. Or a guy named Alan Sabrosky. Or Larry Silverstein. Or anything having to do with the event at all. When you believe the official story it makes you look ignorant. This is really elementary stuff.
...or you could stop wasting your time on crackpot conspiracy theories and get on with your life.
You don't know what you are saying. If anything is crackpot, it's the official story.
cxl9: "You're a crackpot. I do not have a reasonable, logical retort - I am just saying you're a crackpot because this approach used to work when people were less informed and the economy was better."
..Crackpot
God you shills are
..getting old
How about a little movie?
http://youtu.be/xKDYZfEbEow
if you don't take the time to learn what is really happening in amrka/the world, then soon you may not have a life.
unravel the fabric(ated story) that hides the truths, for your sake and the sake of your family if you have any, the sooner the better.
+1000
Interesting...
The conflict of your convictions must be just excruciating.
+ lots
The ADL is out in force. Don't take it personal.
People are foolish to believe anything from this govt, news media or TV. All we get is lies.
Bodies supposedly dumped in the ocean. A helicopters that supposedly failed and was blown up and everyone left on the second one. It happened last night or last week. It was the ISI or the SEALs. A 6'6" man living in a military town for years in a fortress but no one knew.
It happens a week after Trump gets very very close and poll numbers are tanking. Young people are immediately tweeted to show up in DC to yell "4 more years." Odd how the CIA could not get em under Bush but he pops up when their former contractor - (who's mum was also a contractor along with Geithner's father) - has record low poll numbers and Trump is all over his sh*t.
As usual - our troops are used like pawns.
"As usual - our troops are used like pawns."
“Military men are just dumb stupid animals to be used as pawns in foreign policy.” --Henry Kissinger, quoted in “Kiss the Boys Goodbye: How the United States Betrayed Its Own POW's in Vietnam”
The CIA knew about Osama's pharmaceutal intake and his medical conditions but they could not find him.
-" How you can easily see the manipulation and corruption in the financial and commodities markets which lead to a lifetime of hardships, slavery and ultimately unnecessary death of citizens. And yet you don't seem to be able to make the 'leap' that your government would kill 3000 citizens on 9/11 to benefit themselves and their agenda... frankly i don't know."
http://tfmetalsreport.blogspot.com/2011/04/our-only-hope-you.html
"Do you now see how you are manipulated? The Fed/TBTF/Govt/Media Complex is desperately clinging to power."
Yes turd, please explain yourself. I'm curious, or are you just bi-winning?
I read The Turd for his PM comments. Stepping outside his box was a tenuous move for sure. I don't berate The Turd for his beliefs; we all have them. So what? I'm rather agnostic on the whole conspiracy thingy but I can perform my daily chores. There is no need to "explain" himself for his thoughts. Frankly, I could care less. You must be awfully insecure if other people's beliefs threaten you.
Not at all. I don't care either way about anyone's beliefs. To each his own in that regard. I'm just pointing out the obvious. I agree with FMB when he said how can you see the manipulation with regards to the monetary system and financials but fail to bridge the gap with gov't/cia/kgb/etc and everything else. Money rules this planet, which includes everything else on it. Everything is intra-connected whether we want to admit it or want to research it. But again, I won't stop calling out the obvious, which is if we can admit there is manipulation with fiat/money/oligarchs controlling govt's then how does it stop with 9/11 and Tim Osman?(not saying I believe that 100% but it does make my lil hamster spin that circle cage thingy)
I also know technicals rather well and know enough that technicals mean nothing by themselves. The only reason I pay attention to them is because many use TA to base their decision making on whether they pull the trigger long or short. The pulling of the trigger is what I'm interested in because that's what moves markets not how they came to that decision. Having said that, I am also interested in how and why people think the way they do. Call it morbid curiousty.:)
OK. Point made. Didn't mean to imply that you had to explain yourself.
So, if Bush planned 9/11, Obama, the Peace Prize winner, killed an innocent man, a patsy, a fall guy? How will you ever vote for Hope & Change again?
Bush was way too stupid to be entrusted with any planning except where the next line of coke was coming from.
Now Cheney, Rummy or one of their Zionist pals: that's another matter.
Yes, odds favour Nobel Peace Prize Winner and Dipshit In Charge killing an innocent man, a non-volunteering patsy. (What else is "new"?) ObL may have had other issues though. He was CIA, you know, and many CIA probably need executing.
I believe this fairy tale was constructed to boost Obama and to do polling on how many actually believe this farcical tale.
The PTB need to benchmark where the dumbed down populace is moving, either wising up and continuing to degrade
The Turd gets my thumbs down as a talking mule turd that should be ignored.
Re. Fairy Tales - Not too long ago, an elaborate false narrative was created around Jessica Lynch.
Turd jumped the shark.
I must have missed the part where he took a position on anything other than don't post that stuff on my PM blog.
Lastly, I beg you, please do not take this as an opportunity to pollute this blog with comments regarding 9/11 conspiracies and assorted CIA plots. If you strongly believe in that stuff, please vent somewhere else."
C'mon turd, your fans have questions.(I'm not one of them but since they drink your koolaid, I'll ask it for them.)
As an American citizen, I am discusted by my fellow citizens (Yes even you Turd) who cheer the assasination of anyone. You are all subjected to the same propoganda that I am, yet I for some reason reject this notion that its a good thing that our President proudly went in front of the nation to say that he unilaterally invaded a sovereign country to assasinate a leader of a movement.
I embrace all viewpoints, even those which would desire that my country become bankrupt and my people suffer for their foreign crusades. Bin Laden didn't want me dead, he wanted my country to fuck off and leave the rest of the world alone. That is exactly what I want as well.
Turd, you've got some technical analysis talent. But please shut the fuck up about politics. You've turned a blind eye to what is clearly in front of you by falling to the propaganda of the nation where you live.
Tyler, would you get a fucking "like", or "I agree" button already?
My feelings exactly Captain Benny--the whole "announcement" by our current President was like an episode from the twilight zone...
He seemed to want to convey a message that he single handedly killed OB, instead of simply conveying that Bin Ladin was found and resisted being captured and died in the confrontation...
When in our history as a country has any president boasted about a mission to assassinate?
yes, bad form, BUT "....to assasinate a leader of a movement...", OBL was a leading bowel movement that could have/should have been "wasted" 10 years ago....
I agree, it is just that the President's "form" sets precedents, and in my opinion, he should have spoke in terms of the attempt to capture OBL and that he resisted which resulted in his death....PERIOD, no more spin.
BHO is in a continuum...from W...from the Clenis...a de-evolution....a general derangement...you've noticed this?
The wheel will turn again to marquis of Queensbury perhaps after some period in the ashes....
+ lots!
"Invaded a sovereign country to assasinate a leader of a movement." Damn, cap'n, you make bin Laden out to be M.L. King! Osama's more like a kk-klansman than King. If Osama wanted to be a leader of a movement in which the US wouldn't target him for assasination, dedicated peaceful resistance and diplomacy, he should have followed Gandhi, not Forrest.
I love the part about "Bin Laden didn't want me dead, he wanted my country to fuck off and leave the rest of the world alone. That is exactly what I want as well." So you accept a mass-murderer of your own people as some sort of "thinker" because he agrees with you on one thing? Oh, I see you've fooled yourself into thinking you're one of the lucky few that can see through all the "propaganda." You certainly occupy no position from which to advise people to "shut the fuck up," because if that advice was followed then only people who think like you, psychopaths and Mansonites, would be allowed to post.
You're just another one of the hypocrites who hates your nation, citizenry, millitary and all they stand for, yet won't leave us the hell alone to live in another country, which you are free to do, because we fatten your wallet. And you've not got the brains to understand we're at war with the very movement that you feel so ambivolent toward, whose leaders are legitimate targets. Turd's blog, I'm sure, will survive your departure. So will the US of A.
So... because he hates US foreign policy and our beloved MIC, he hates his nation and citizenry? How does that work?
And exactly what all do they stand for?
Well spoken. The Turd is an excellent silver aficionado though. He could do well by checking up the whole WTC number SEVEN complete bullshit official story that retarded children over the ages will have some questions about - to paraphrase Joe Rogan. BTW why have not someone taken him on board on the PM-train? That guy could blow COMEX sky high with his group mentality UFC-crowd.
To Turd: http://www.allanstime.com/NIST_Whistleblower_on_911_Cover-Up/14pointspap...
From the official NIST-study on WTC-7
"Although the total diesel fuel on the premises contained massive potential energy, the best hypothesis has only a low probability of occurrence."
Stick that in your pipe and smoke it.
Speaking of children, they have a hard time handling things that can't be explained. They have yet to understand chaos. When one puts a brick on a gas pedal and sends a car speeding down a road at night with no driver and no moon, there's no telling where it will stop, what will stop it, where the hub caps will end up, where the headlights will come to rest, whether it will burst into flames or not, or whether or not the virgin Mary will be seen on a crumpled fender. Rest assured there will be many unexplainable outcomes. Only a child would take the unexplained as pre-ordained, demanding to know why everything happened they way it did.
That's a bit like taking everything that can't be convincingly explained about the collapse of WTC 7 as proof of some nefarious plan so folks may make order out of disorder and rationalize the irrational. However, if you want to get to the question of the collapse of WTC 7, you MUST explain how those responsible, if really an inside job, KNEW WTC 1 and 2 would collapse to create the necessary cover. There are those who say 1 and 2 must have been demolished by explosives because those towers were designed to withstand an airliner collision (just like the Titanic was designed to withstand iceberg impact - it works on paper). Other conspiracists concede that the fires could not have raged on the floors that ultimately collapsed in 1 and 2 without the charges going off prematurely, even at the very moment of impact. Even though both camps agree on an inside job, they contradict each other. So if one could not rely on the airplanes alone to bring the buildings down because the engineer said they probably wouldn't, and one could not rely on the proper sequencing of charges to blow the buildings completely and convincingly due to the impacts destroying the set-up, how then does one make sure at least the tower closest to WTC 7 falls?
Further, people like to argue "controlled demolition." Well, a controlled demolition would protect surrounding structures from damage (that's the control part, kiddies. Gravity pulls buildings down, demo teams design the rubble pile). Yet, you need damage to WTC 7 to provide cover for "pulling" that building. Therefore, you would NOT desire controlled demolition, despite what the zombies chant as fact. You want maximum destruction to surrounding structures if you want to set up WTC 7 for demolition. However, that negates the argument that it was a controlled collapse, therefore an inside job, because such a controlled collapse was neither desired nor evident.
You need to read the NIST-report about WTC 7. "controlled"... jesus christ, thats semantics. You are really grasping at straws now are you.
Not at all. People say, "look how the towers fell straight down - just like controlled demolition!" Whenever truthers loose the argument, they always revert to the "it could only fall that fast with controlled demolition" meme. An engineer who witnessed it reported to the media that it looked like a controlled demolition, and idiots picked that up and ran with it. They don't reallize that the taller the structure, the straighter it falls. But I see you avoided the broader point hat WTC 1 and 2 had to fall to provide cover for WTC 7, so you have to explain how "they" knew the first two would fall (well, at least the one closest to 7) to have either A) pre-wired 7 in anticipation or B) had explosives ready to be deployed and then actually set them up in 7 within the time between the first collapses and the collapse of 7.
I'm loosing patience. Yes you are right, now move along.
So let's see - WTC 7 couldn't be a controlled demolition, because it looked too much like a controlled demolition?
"If you tell the story of Noah and the ark (911 official bullshit story + Obama Bin Ladeen fairytale for the intellectually challenged and clinically insane) to a eight year old retarded boy, he's gonna gave some questions"
retarded boy: "AAAOOOOOOUUUUHHHHHAHAAA There alot of holes in that story........I´M NOT THAT RETARDED!!!!!!!!!!!!!"
See from one minute:
http://www.youtube.com/watch?v=htKRlhRwgGY
The gov lies and manipulates markets every day, lies about inflation, lies about economic recovery, lies about jobs, conspires with wallstreet to rape the middle class in a housing ponzi, but when it comes to war, WMDs, Tower 7, OK City bombing, WACO etc, they speak nothing but the truth.
I have to agree it is a bit inconsistent of the Turd.
Maybe if he researched the put options on American Airlines (this was talked about all over the MSM - dylan ratigan reported on it - one of many) that were investigated by the SEC, and then dismissed as "not associated with AQ" that might open his eyes? Since then the evidence has dissapeared. This is the same SEC by the way that did everything they could to not go after Madoff (see the excellent interview with markropolis on KWN) and turns a blind eye to all sorts of corruption.
Turd, fix your schizoprenia!
Oh I should add Turd, that your "Santa" mentions that the key to 9/11 is to follow the put options. So it isn't as though people you have respect for all swallow the government story.
I'm sure he will stay awake wondering the same thing.
Um all he asked is that people didn't pollute his blog, about metals with conspiracy theory. He didn't indicate any opinion on that at all. I'd say you are having an over reaction.
So, he "polluted his blog" with sycophantic nonsense, then asked his readers not to respond?! Is he trying to imitate Denninger?
Turd, I don't know you or your blog but you keep posting and waving that flag!!! And let FunkyMoney worry about the aliens living under his bed.
Funky, haven't you figured it out yet? It's all about you. And all the rest of us are in on it! Don't forget to look under your bed tonight.
a friend of mine called me a while ago and the subject of bin laden came up. i told her what i thought. she refused to believe it. i said the american people are so stupid , it is beyond belief. take the celebrations for instance. my friend said. well the american people need something to celebrate since everything is always so down all the time. i said, do you see the insanity in this? do you see how easy it is to manipulate the stupid dumb down americans? she didn't want to talk about it. end of conversation. so , i am sad to say, after about 6 years of slugging it out trying to wake people up, i have come to the conclusion, there almost is no hope......its like the JFK assassination. most amerikans think there was a conspiracy, yet in their minds, this was the only conspiracy that ever happened. how in the hell do you get around such logic is beyond me....
building 7's collapse reported 20 minutes before it actually happened by the BBC:
http://www.youtube.com/watch?v=ltP2t9nq9fI
wow. i've seen some strange 9/11 videos but thats near the top.
Turd, how can you possibly believe that Osama Bin Laden was assasinated?, using the eternal manipulation of patriotism?....I am in doubt about your blog now....
Yep. I junked ya. The Turd's views on the crazy guy's demise have no bearing on PM movements. My view on the Catholic Church have no bearing on my ability to clean out the gutters or mow my lawn.
"My view on the Catholic Church have no bearing on my ability to clean out the gutters or mow my lawn."
Well, it should! If they knew what your opinion was and they were still capable, they would have burned your sorry ass at the stake for heresy.
Lucky for you, the Pope doesn't read ZH, or so I've been led to believe. Hey, we're all got to believe in something.
I'll remember that the next time I'm on the ladder.
-10000000000000000000
“Naturally the common people don't want war; neither in Russia, nor in England, nor in America, nor in Germany. That is understood. But after all, it is the leaders of the country who determine policy, and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is to tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same in any country.” ~ hermann goering during the nuremburg trials
No the stupid people are the ones that think the only place to go is up. If anyone is a "tard" it's you dipshit.
Things have changed, if you haven;t noticed you are fucking tard, Did I sell my tradeable silver at 49+? Of course I did. Only a fucking idiot wouldn't.
Did I buy a shitload back cheaper - not yet
Did I trade my core absolutely not.
Fucking pumpers
'I sold it all,but I still have some.'
Wise up Greenhorn.
I subscribe to the guy from australia and his FFT economic newsletter at http://www.forecastfortomorrow.com that guy has called many big events before they have happend, including the stock market crash in 2008 and the current financial collapse of the US. (currently happening) I found him from a friend last year, and he has some important work.
He was calling for $48 in silver a year ago, and people laughed at him. Guess he is having the last laugh now.
Sure is interesting seeing what he is saying now!
Junked for link to waste of time email address aggregator website. Garbage -- disprove.
WHAT fundamentals? Silver stopped trading on 'fundamentals' a long time ago.
In Bahston, we say, "TAHD."
very insightful
Silver bitchez!
Exactly! Got ballz?
Silver ones.
+1 hohoho
FFS $35m = $35,000,000 / $45 = 777,778 oz / 5,000 = 156 contracts delivered.
Much ado about nothing.
But even more shocking perhaps, the silver equities are down while the broad market is up. There's the greater anomaly, IMO. Paper 1/2 short SPX; 1/2 short SLV; long SIL.
Bwah-ha-ha-ha
The silver sky is falling ... NOT.
Gonna be a riot when the all the hedgefund shorts try to get out of the tiny mining equity sector.
Pleze, canIhaz short squeezie?
I had it figured as ppt sanctioned naked short selling of the mining group by the power that be no ? They can take these stocks down much further no ?
Nice correction. Already back to the linear trend on the August 2010 move. Healthy action.
Sprott is a self-promoting phoney. Can't stand the blowhard.
Weak, Uncle Fester, very weak.
Stop insulting us, and don't come back until you graduate from troll high school at the very least.
Any one in miners, gold, silver for a week, a month or two should just buy AMZN. This ride is going to get really wild and I am in it for the long haul. Sure, I will be ridiculed, cursed, called an idiot, but I have been buying gold, silver for years now and do not intend to change unless this country changes dramatically. Bring it on. Make my day.
What time is tomorrows margin hike?
lol nice
Paging RobotTrader for his public apology
Sweet arb!
Taking advantage of the premium demanded of the elegant structure of PSLV, exacerbated by current market conditions, arbitraging into lagging miners.
Kudos!
And just wait. Betcha that sooner or later the same arb should likely reappear in the gold trust as the market once again refocuses upon the "shortage" of good delivery gold as was present some time ago. Attention's simply been diverted to the current miasma in silver markets.
Sprott decided to buy more silver the moment he discovered that it only costs $5 to dig from the ground --- that's like only $4.65 Canadian! You'd have to be loonie not to grab your shovel!
++++
It cost five dollars to dig how much from the ground?
Kinda like saying it cost 50 dollars to fly in an airplane.
Give me five dollars and I'll give you a shovel full of dirt!
+++++
Hilarious! :-)
So he is underwater on his mining shares & PSLV is down?
So someone(s) other than just Sprott was/is selling.
His action actually tightens the squeeze on JPM to the degree he's buying physical.
looking at the futures page at Finviz and seeing most things down and the dollar up, its like giving me a case of dyslexia man. I can feel my head tilting to the side and my neck hurts. I just plain feel dizzy from it all.
http://finviz.com/futures_charts.ashx?t=ALL&p=m5
This chart doesn't affect my equilibrium at all:
http://finviz.com/futures_charts.ashx?t=DX&p=d1
My internet went out a day earlier than planned (I am moving) so I got massively anally raped on my June AGQ calls. I'm sitting here trying not to throw up blood lol. I'm waffling between flipping them to puts on the open and riding anymore EE action, or riding these through the next week - I'm scared to look at what the theta is lol. Not pretty...
PPPPPPPPPPSSSSSSSssssssssssssssssssssssss ..ss s, ...... KA ˆ BOOM'
Then there’s hedging activities by miners. Park noted:
The result, asserted Park, could be that a “previously significant tailwind for gold demand will subside going forward, and could even reverse to a headwind if gold miners decide to rebuild their hedge books to lock in historically high bullion prices.”
Of course, lots of different twists and turns can develop to alter such a longer-term forecast, Morningstar analysts concede.
“While we think that some of these factors could continue to provide a tailwind for gold prices, we believe many of the factors cited above are unsustainable over the long run, thereby lending support to our lower long-run gold price forecast,” Park wrote.
http://blogs.barrons.com/focusonfunds/2011/04/22/morningstar-lowers-3-ye...
Not so fast. Hedging has made a comeback.
In the past two months, at least five miners have executed silver hedges to protect against a fall in prices, bankers say.
Deutsche Bank estimates that in excess of 100m ounces may have been hedged. That is several times the size of total outstanding hedges in late 2010, estimated at about 20m ounces, and 15 per cent of annual silver production.
Does the rash of activity herald a return to widespread hedging for precious metals miners?
That question is of critical importance for investors in gold and silver, as well as the miners’ own shareholders.
http://www.ft.com/cms/s/0/af6a0ca8-386c-11e0-959c-00144feabdc0.html#axzz...yawn.......
Hey Printer Boy.
I was wondering if the backwardation was producers falling all overthemselves to hedge forward production.
Makes sense to me.
Yes, backwardation is def from producer hedging. Several articles on it.
I get junked every time I post them though.
http://www.ft.com/cms/s/0/af6a0ca8-386c-11e0-959c-00144feabdc0.html
(this one is posted above)
Go away, troll --- your anti-PM fearmongering is laughably ineffective with this crowd.
Would never own a miner with any hedge at all. If you can't do your own due diligence, stay out.
Delivered over what period of time?
nice!