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Silver to $45 by the end of the day? :D. Buy Silver crash JPM!
1 $ a day
keeps the silver shorts at bay
can anyone explain how long it will take before jpmorgan is dead...
i was promised a quick execution.
I like slow executions :)
3 more months before the will admit it unless they can cover it up.
But jan. 2012 is kill time.
It's the process that is set in motion. You don't kill a dragon swiftly. You have to bleed it first.
what do i do till then...4/20
I don't believe in dragons; I believe in vampires though.
Good point: JPM were supposed to be history once we reached$30 ... $35, then $40 and we are now knocking at $45; can their position really be that short when the price has almost doubled since we originally heard about this when the price was in the $20s?
I'm just asking, nowt'else
EVERYBODY who I ever talked about silver is now asking question where they can buy it :)
This run still needs to start :)
Soon we'll be at 2 to 4$ a day :)
Waiting for a pullback? Take a number....
Buy Silver, Save yourself!
This FIAT currency appears to be going the same way as all the others....
...but I thought "it would be different this time" - oh how foolish.
The Eagle has landed on $50 (APMEX ASE price).
100 oz bars @ $4,750 over at scottsdale but with a 3 WEEK wait now!
I've decided never to buy from those religious fanatics; besides that they're overpriced.
i rather buy from my local shop dealer, but the price in gas is getting higher than scottsdale's markup :(
Ben, Barry, and Blythe..........kiss my white gold ass.
A 30 month silver 5-bagger for me. Best investment I have ever made.
"Investment"? You're doing it for the wrong reason.
Unless he means "investment" the same way I would put it...out of FRNs and into real money.
2. A thing that is worth buying because it may be profitable or useful in the future.
"...useful in the future" would be the operative definition here.
What I really don't understand is that if there is an inverse relationship between the currencies (as the Dollar falls, Sterling and Euro rise), should there should also, therefore, be an inverse relationship on the indices?
I appreciate that all the currencies are on a race to the bottom but it's the relative values that are imoportant isn't it?
Isn't the only relevance their purchasing power? Meaning the zero sum game of FX piggybacking really means nothing when you figure fiat across the board is losing ground to PMs and other raw goods and have been for years.
yes, it's crazy - Dollar falls, causing US equities to rally, causing European indices to follow suit.
It made me laugh that the Japanese markets totally ignored the sharp export drop and rallied nearly 2%.
The fact is, markets went insane from the moment of the Intel beat last night, and as we know, the Fed is the biggest hedge fund in the market and they have all the data in advance, so why the urgency to drive markets so high?
What is the fear.
In other news, the Finish government will not vote on Portugal aid until after the May summit, so there is a big problem agreeing any package... but it's just another piece of reality to ignore...
I think that when equities fall this time - unlike 2008 - everyone has been awakened to SHORTING. So when the bottom goes this time, IMHO - everyone will be looking to make money on the fall - which will create a crash like never before...in terms of depth and speed.
The same thing could happen to gold and silver.
The US Dollar is a popping bubble. Gold and Silver purchase the same commodities they always have.
Example: Gasoline is 25 cents a gallon if you pay for it with a 90% Silver Quarter.
I am sure this is very well known to the OPEC cartel when the US pressures them to increase production to lower the price....
Good lord, where are you buying gas? The moon? You should be able to get two gallons for that much.
Picky, picky, picky....
but you get much better milage on the moon
You don't pay for gas with a silver quarter; you pay for it with a United States dollar. And everything else, last time the checker filled my little recyclable grocery bags! Just saying.
Thanks for the contribution, shithead.
You may rationally use physical dollars and hold a checking account with dollars but are you stupid enough to have term deposit account in $
You don't pay for gas with a silver quarter; you pay for it with a United States dollar.
You don't pay for gas with a silver quarter; you pay for it with a United States dollar.
You have unwittingly outlined the nature and the depth of the problem.
Actually, Kumquat, I read a story about an Oregon gas station owner who was accepting pre-1965 quarters as payment. One quarter per gallon.
oh i fully expect the PMs to follow the liquidity down the bowl. And i also think their rebound will be quicker than what we've been seeing since 08 as many will have woken up to the casino paper games. Trick will be getting out high and entering again low...or riding out the storm. You never go broke taking profits from the table.
Kenny? Kenny Rogers?
The FED is in complete control of this "market".......they will bid any major drops and sqeeze every short.....they must! Short this market at your peril. The next great collapse in the market will be when central planning fails, so any market "shorting" profits will be as worthless as the foolish gains made during the manipulated melt-up.
Methinks you'se beez correct. (Chicago speak)
We will soon be sleeping with the radioactive fishes...
Tend to be in your boat too. But it might come as a surprise. Guess how many now have the guts to short Silver!
In regards of the main market - what if the New Madrid fault line blows up - over night? A gap of 1000 DOW points lower over night? How many then will have the guts to short into that fall?
With again the Fed at the other end of the "party"?
I think it will not be that easy, as you think ...
Nevertheless - keep time frame mid of May - 2nd week of June in your mind. Mark it in your calendar. Now. If I had to guess - pretty close to end of May. Or maybe within the first two weeks of June.
In regards of the main market - what if the New Madrid fault line blows up - over night? A gap of 1000 DOW points lower over night?
Hardly. That would be insanely bullish, as it would mean QE3 to the moon!
Everyone has been 'awakened' to shorting? Please explain.
Institutional short interest (which is what counts) has certainly not experienced an 'awakening'. If anything short-funds have been utterly decimated, packed their bags and gone home. If you're claiming that there has been an increase in margin-accounts at the retail level -- I would love to see some evidence of that. I believe the opposite to be the case there as well.
If you're claiming that interest in short-ETF's has increased -- that too is questionable given the shellacking that QID, DOG, SDS, SKF and SRS have taken over the past 3 years.
When the market turns -- I expect the vast majority of small players to be on the wrong side of the trade. Getting in short on an already plummeting market is one of the most dangerous moves in the book. And is an easy way to get your face ripped off.
What i meant was shorting has never really been an option for retail traders, and after being exposed to windfall profit news from the last crash for those who bet it would fall may have enlightened many to the other side of the trade. So i'm assuming since my advisor has opened recently the option for me to plan a short when it falls - i'll assume others have also planted the seed. Instead of watching your IRA or 401k get decimated this time - I'm suggesting that many are waiting for the first shot to be fired. IMHO.
the TSE should have crashed after Fukushima and the tsunami, but look at it...so long as the currency has any power, they can buy the market
126 Million people in Japan. Holding up the sky, till it falls.
I think European markets are rallying on the news that the BoE are not even close to raising interest rates.
Free money always brings people to the party..
Intel earnings day has been a short-term market top over and over again, especially in the spring of 2000.
Check out this weekly report from Faros over at King World News. It's a bit technical but you will get the gist after a few weeks' worth of bulletins. It focuses on the flow of funds which we know from Martin Armstrong is critical for asset prices.
PS This is the home page. For some reason it is currently not displaying the blog headers. Just wait till it does and scroll down the blog window (3rd pane down form the top) to Faros Trading weekly currency report.
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