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Things That Make You Go Hmmm.... Like Silver Conspiracy Theories (Part 2)
Grant Williams chimes in with another (first one is here) off the beaten path observation on the ongoing parabolic rise in silver (and for those confused no, silver is not tracking the CPI). "We have discussed at length in the various iterations of this publication going all"the way back to my BTIG days, the various ‘conspiracy theories’ surrounding alleged shorts in the silver futures market which are allegedly held by, amongst others, JP Morgan and HSBC. Initially, these theories were dismissed as the ramblings of the insane and, speaking as one who was called insane many times, even I have to admit that the stories were somewhat far-fetched. Far-fetched? Certainly. Impossible? Hardly. Implausible? Less so now. There have been all sorts of assertions about the fact that the short positions purported to be in place on the COMEX couldn’t, in fact, exist. These assertions, like the accusations which they attempt to answer, are all offered without proof - the general defence being along the lines of “it’s too preposterous to be true” which, to me at least, is an extremely weak offering. As silver has exploded higher, various estimates have been made at the potential losses being accumulated by those parties short of silver futures. The sums are astronomical. If we take JP Morgans alleged short position as an example, and we assume there is some truth to the assertions about the size of that position, a move to $50 could potentially cost JP Morgan upwards of $4 billion - or, as it’s still known, ‘real money’.
Full April 25 report:
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Let's get physical, bitches!
http://www.youtube.com/watch?v=vWz9VN40nCA
Noooo.
Things That Make You Go Hmmmm....
http://www.youtube.com/watch?v=XF2ayWcJfxo
Richard Russell on gold price manipulation:
http://www.marketwatch.com/story/russell-endorses-gold-manipulation-thes...
APMEX:
We will pay you $38.00 over the current spot price of Gold for your Gold American Eagles. ANY year, ANY quantity!
We will pay you $3.00 over the current spot price of Silver for your Silver American Eagles. ANY year, ANY quantity!
We will pay you $1,250.00 for your 2010 America The Beautiful 5 oz. Silver coin sets.
AHAHAHHAHHAHAHHAH!
Hurry, lock in your prices, today! (just got the same email :)
WHOA I guess I better sell! APMEX is looking out for me! Seems theyre sure it will go down, so theyre offering me $3 over spot to ensure I dont take a loss in the coming huge drop, obviously they know $50 is the top!
Physical, bitchez.
Got that email too. Very disconcerting.
http://www.youtube.com/watch?v=0Vd7nwgQLws
that youtube video is non functional...
try this one :)
http://www.youtube.com/watch?v=LmQiaSDr3nk
1980's HUNTS' high physical - enjoy
JPM will sucking my left sack to get a hold of my shiny to cover all the paper nothing they sold. I will sell a little at $189...
problem is they would have no qualms about hacking off your right one to get to it.
good thing you are a doctor.
I'll sell it whenever I feel good about it and the world gets back in sane mode.
I would sell/trade a bunch for 5 acres w/well good soil, a cabin, chicken coop in the middle of BFE. Location, location,location Bitches!
Don't forget the harem.
BFE? Didnt think anyone would't want to be in Egypt right now...
How much you consider a bunch. I got 3.67ac 2 wells,electric cabin surrounded by 1&1/2 million acres of Ouachita national forest. How bigs your stack.
Get a room, you two
Even APMEX just sent out an email seeking to BUY American Mint Silver products...and at a healthy premium. Items are disappearing of the shelf at warp speed. Gotta LOVE supply shortages!
I'm telling ya, they suck it good
I think the coming of Nibiru is turning the producers mines into liquid molten irradiated spunkpots and you dare not extract any more silver until the winged planet passes or you will end up like the Fukushima 50.
Get it?! Buy the metal!
http://en.wikipedia.org/wiki/Nibiru_collision
Christ, you are such a moron.
Get the fuck out of here. Garbage.
Something for you to ponder:
http://www.swapmeetdave.com/Humor/Cats/CatAndMirror.jpg
Nobody cares. Shoo.
Holy shit man. I mean, (hyperventilating)... holy shit.
its always a good day to die
Another metal post, really? Damn Tyler, it's only about page views now huh?
Only 5000 more to go :)
Are you forced to visit ZH?
Only ONE unified opinion counts.
Yes, that would be MY opinion.
Everyone - let's not feed the trolls...
If I don't feed them then what do I do with all this dogshit I cleaned up in the yard?
I like to fatten them up so they survive the bloodletting.
Troll blood is only slightly less delicious than that of unicorns, and a LOT easier to come by.
Tastes great .... less shilling!
ok that was clever
Even trolls need love. Yeah, I know ... that makes me a troll lover ;)
In the big picture of money and who controls it and its concomitant power, it has always been and will be in your life time, all about metals. Get past that and we may be able to look beyond the implications associated with your Christian name, Mr. Savant.
What else is REALLY trading out there?
http://www.youtube.com/watch?v=Tb-gI_pFog0
Hell March for the Fed!
Follow chicoms/China's lead.
London Source - Asian Buyers Will Take Silver Over $100
http://www.kingworldnews.com/kingworldnews/King_World_News.html
Been accumulating monetary stores of value outside the dollar for 3 years. Chinese have nothing better to do than spend dollars buying physical gold/silver! It will torpedo benron burnokio whom China can't stand and kill king dollar in the process.
That site needs a better graphic artist.
Listening to Karl Denninger talk about silver on Blog Radio and he is a fuking Doucheinger. And yes, Karl, everything is going just hunky-dory in Fukushima. Market-faggot.com
careful now, according to the info posted the other day Market Ticker has a much higher number of grad degrees visiting it then Zerohedge :)
altho ZH wasn't too shabby
Given that most grad degree holders are looking at a lifetime of inescapable debt while opportunities to earn a big enough salary to cover the debt service disappear daily, I don't give much credence to their ability to congregate rationally.
Besides, as a demographic group, they probably vote in higher proportions than any other group, except perhaps for the senile seniors.
Epic ownage there.
HEY! Us senile seniors resent that, you little snot.
NA, I mean. Not you, Sheepdog.
It's obviously a higher class of poster over there, you can tell by the avatars. His radio rants are legendary for emotional irrationality. He is against silver because we are not buying it to make jewelry and electronics, but to get a leg up on our fellow man. Oh, and it's too unstable to be used as a currency except back in the olden days of yore. You know, pre-1964, when dinosaurs roamed the earth.
I thought it would cost JPM and HSBC much more than a few billion by the way they were leveraged on silver.
No matter, and whatever, buy physical everybody and enjoy it. Save yourselves as the exodus from the USD gets underway in earnest.
Conspiracy, bitchez!
Business as usual!
...Denny Crane
*snicker*
46,91$
Scrap-silver made up a large piece to meet industrial and investor demand. Now that investor demand went off the charts, the scrap-silver part doesn't supply enough anymore to meet those demands.
This train is set in motion and even if investor demand would drop, the shortages would still make it go up.
I just can't be turned around that easy.
In the industrial usage, silver is a C-part. Even with silver at 500$, it would still be a C-part, meaning that recycling for silver isn't economical viable.
Heres another "Things that make you go Hmmm" about the goverment conspiracy theory.
Banksters know the truth.
We all know what the Rothschild dude said.
" too preposterous to be true" is quite a decent offering actually, since the opposite is too preposterous to be true.
WATER biaches.. water.. where can I buy water futures.. my garage is full
I'll sell you some, they are "pooled" though, so you cant take delivery...if you dont laugh it wont hurt my feelings.
But you will be required to pay storage fees.
swimming pooled...
Following these many advices, we must also take physical delivery of our water investment, yes?
It's tungsten water now.
Talk to JPM, they have plenty to sell, as they are underwater.
These financial institutions should flood the markets with silver and drive the price down! That is about the only thing that can save them at this point. Just flood the market and people will realize how useless silver is.
Sorry Mr. Average. Bernank is doing this with the fiat dollar. Unfortunately, there is only a finite amount of Silver. Do your homework...
Where pray tell are they going to find the physical Silver to accomplish this amazing feat?
If they could do it they would have done it way back in September at $20 and ounce. I saw $20 because that's what our favorite Silver-less Butt Hurt troll has been calling for.
'Flood the markets with silver' ok you do that, tell Ben to fire up his silver printing machine.
4 kilos of 'worthless silver' in every Tomahawk missile, not to mention every other piece of military hardware that uses electronics. And we're ramping up war. Go dig some useless silver out of the ground it only costs $5 to do it! Or so I hear anyway.
Wow. You really should read more and post less.
AboutAverage, I have news for you --- you're not. You're quite a bit below.
"About average." Is that your IQ?
Where's IQ145 ?
Good idea. Just flood the market. That'll show 'em.
Dipp-ity Do Da- Dipp-ity Day, My-oh-my, I'll be buy'in them all day! I just love it when a plan comes together... Buy the way... Such deals will start to appear!
Conspiracy? :)
You guys should read up on the Latin Monetary Union Silver Sceme.
It's there that the Hunt brothers got their idea's from.
It's the cause of WOI
...
But if that would be the goal, it's still a decade away.
Conspiracies that lose money are no fun to watch. The short-silver crowd should have folded when it became more profitable and strategically sensible to play the long offense. Perhaps when you get into bed with the government over time you lose sight of the original goal (profit). What is needed now is a good (this time successful) long silver conspiracy. Little Georgie Soros only had the cash and ego to take on puny third-world banks (like Thailand and England). Who will step up and break the Bank of Morgue, the Crimex, and the Bank of Ben with a single blow, thereby achieving immortality in the annals of financial history? There is no shortage of players with both the money and the ego given the current tightness of the physical market. All that is required is to open a substantial long Comex position, and absorb the small physical supply on the market to start the chain reaction. The FED's prodigious printing efforts sew the seeds of their own destruction, and distribute the implements of their destruction to their enemies.
I left a handy road map and instruction manual in another thread this morning-
http://www.zerohedge.com/article/apmex-starts-reverse-inquiry-seeks-buy-any-quantity-silver-clients-3-over-spot#comment-1206862
Denninger is going to kill himself if NFLX isn't down 15% tomorrow.
Man, that guy hates NFLX.
Don't we all hate NFLX? Tell me you are not short NFLX.
hey forgetful, you must be a real pleasure to be around. so far today you've said you hate silver, netflix, the fact that zh doesn't meet your strict criteria for web posts and people who aren't free market enough for your tastes. and that's just in the posts i've skimmed.
one of these days we're gonna find something you like.
we love silver, love netflix, and love gold. the haters can eat our dust while we sip champagne in the penthouse suite.
www.forecastfortomorrow.com
C'mon, NFLX has been mentioned here repeatedly alongside LULU and CMG as the most ridiculously over-inflated P/E stock of QE2.
priceline
priceline
Robot is throwing a bit of a hissy fit today, he hates everything. I guess they must have roughed him up more than usual before stuffing him into the locker today.
I got into AGQ @ $285. When do you think a good time to get out would be?
I got AGQ at 60-65 and I'm sweating like a pig. I would have sold some several days ago but I've go till 2nd week in May
to get past the short term tax. I'm sitting on a major profit
and worried it will melt away before I can sell a third and put it into double gold and miners. I know, shut the fuck up.
Everyone should have my problem.
Silver might triple in the next couple years but if you are worried about manipulation and bubble, the next major opportunity......Radiation free Sake! I'm liquidating the metal with too many evil hands in the cookie jar and investing in the low-flying booze. I figure a generic bottle of radiation-free sake will rival the price of an aged fine wine in a couple years. And, no worry of uncle scam trying to confiscate, tax and manipulate the price.
all you need is radiation free piss.
As greedy as it sounds stop thinking as an investment, use them for PROTECTION!
WOW. Magnix. The black zheep.
I liked the Richard Russell quote. Spot on...
...and food to survive!
...and a brain to realise what an almighty fool you are!
Lolz. We've had quite a day today, scratching and sniffing.
No new discoveries.
Con-ex, please take my privates and place them in your mouth! holding physical silver and gold until death, fiat paper is the root of all evil.
www.forecastfortomorrow.com
every time silver goes up a buck, there is a post on it, but today we had a big sell off or should i say plunge and there is no post on it, today was hair- raiseing, i'm geussing that SLV will hit 44 tomorrow before breaking 50 by the weekend
It's only hair raising if you're a pumper like half these dicks.
If you're long it is irrelevant. However, the key term here is long.
When does long end?
Very soon judging by the massive increase of fucktard 2 ouncers around here. I sold a shitload of physical today at the open. Way too nice a rise to go unanswered.
Will sell more at 52. if it gets there (not sure it will) and so on and so on.
Cause at some point, some boner here is gonna do "wait a minute? you all said this was going up................... then she drops 30 bucks.
Cause you see, it's parabolic and it ain't different this time. You folks can do what the fuck you want. But at net 7 bucks, I'm taking some out. Just good business.
Like Jesse Livermore said" sit tight and be right", well I've been right since 2001 and my family before that. Time to shake it up a little.
Cause fucktards spell crash and this place is full of them tight now.
Will sell till only my core position is left.
Too all the good ones around here = I hope you do well, but, this trade is wayyyyy too crowded
Is it a trade? Or is it protection? Hmmmm....
There is a new currency coming. All your foresight since 2003 for not. Terrible waste of that investment to sell now. Astonishing you would put your faith in the US dollar. You're siding with criminals and will get hosed.
It could be more crowded these days because in 2002 there were only 1 billion more potential buyers unleashed on the market, who are now facing serious inflationary pressures internally.
Just sayin'.
How much do you want for the rest of your "too crowded" Limited Resource - Financial Insurance policy?
Im not 'trading' silver and gold at all. Locked in a safe until any shred of sanity appears in this entire clusterfuk. I think it will be locked away for a very long time!
Oh I said I was selling I didn;t what I was taking for exchange.
Besides I'm Canadian so I can take CDN for the immediate trade which I did this AM
CDN for the transaction and immediate phsical gold for delivery
should have clarified that sorry.
Silver is not a currency right now, it's a trade, that is the problem, the specs have turned it like they did 2007
My gun store, liquor store, and some markets accept silver. Currency, bitchez.
One more thing all along I have said have a plan, know your limits and stick to them. If I get flamed for that who fucking cares.
At least I'm honest. I hit my target it's that simple. I could care less if it goes to 100. I have a core positon which is never sold except to get us out of prison to bribe the guard or buy groceries if the zombies show up.
I don't think it will be that bad.
Always remember folks, 100 Silver is not something you'd want to see. Well maybe you nutbars around here but certainly 100 silver is very fucking serious social decay and gangs in the streets,
Most of you have no idea what that is like while you drink your double double latte. Let me tell you, it ain't pretty nor is it worth holding out for. You are killing your nighbours kind of stuff.
So anyway, I hope it ends well for you all. It's only profit and growth in precious if you translate your silver into more gold.
Silver buys hookers, gold buys communities of hookers.
Disingenuous bullshit.
I heard the exact same "$XXXX gold will mark the end of the world!" Mad Max-style fearmongering from Karl "My way or the highway" Denninger, Nouriel "Count Chocula" Roubini, even Antal Fekete (one of the good guys), and a host of others, all promising Armageddon should gold hit this price or silver hit that price. Things continue to degrade, and yet life goes on, and the brain-eating zombies have yet to appear (aside from MothMan).
Hey--I was going to say that. Back when I was buying silver for under $5, people laughed at me, saying "silver will never be worth more than about $5, and if it went to $50 again it would be because the country's in total chaos, so it won't be any use."
The country is pretty much in a state of chaos, but they got everything else wrong. You know what a silver basher is? A guy who spent the last 10 years watching silver go up without ever buying any.
The best-performing asset class of the past decade, beeches.
It posted twice...things that make you go hmmmm.
You get flamed for your attitude by coming off as a pretentious douche, which is pretty much why everyone gets junked by someone eventually.
Do I need to go on? Maybe if you'd drop the attitude, this board wouldn't be such a dramatic experience for you. Otherwise, keep it up, and you'll soon find yourself posting merely for your own amusement, as it will be seen by no others.
A claimed 200 years of family refinement and you give us "phsical gold" (sic)...
But, in your defence, you can spell "Silver buys hookers, gold buys communities of hookers" ...nice.
and what man wouldn't settle for anything less than a community. who says a man's heart isn't in the totally wrong place all the time?
"Always remember folks, 100 Silver is not something you'd want to see. Well maybe you nutbars around here but certainly 100 silver is very fucking serious social decay and gangs in the streets"
Let me see. Gangs of people roving the street versus GITMO. Hmmmm.
Let me see. Some people smoking weed verus MULTIBILLION DOLLAR ORGANIZED FUCKING CRIME WITH SOLDIERS GUARDING POPPY FIELDS AND BANKS LAUNDERING THE MONEY.
What's the deal here. The neighboarhoods are going to get fucked up anyway. You mad that you won't be able to do it first? Or collect the profits from it?
Your "gold standard" is the USD. You judge the market based on a false standard.
I always wonder why people quote Livermore. His bad trades killed his good ones. I mean, how smart is a guy who marries a woman whose 4 previous husbands committed suicide.
Poor Mr. Livermore went the way of the other four.
"Very soon judging by the massive increase of fucktard 2 ouncers around here. I sold a shitload of physical today at the open. Way too nice a rise to go unanswered."
We don't weigh and measure people in ounces. It's not the size of the fuck you in the fight. It's the sincerity of it.
A very very sincere FUCK YOU!!
I won't lie to you. Every person who has gone up against gold and silver has died. But where they've failed you will succeed. For you are THE ONE!!!
Hehe he said boner.
you are too big of an asshole to be canadian.
Strange my chart shows a green finish today in real monies. That paper shit didn't do too well though.
That shit paper didn't do too well though.
Fixed it.
Gracias.
every time silver goes up a buck, there is a post on it, but today we had a big sell off or should i say plunge and there is no post on it, today was hair- raiseing, i'm geussing that SLV will hit 44 tomorrow before breaking 50 by the weekend
A 'hair raiseing plunge' all the way back to the depths of still well positive for the day solid green at $47.06? What?
A very brief spike to almost $50 followed by a brief plunge just before first notice day and options expiration. Perhaps an attempt to shake out people with tight trailing stops? If so, it doesn't seem to have worked very well.
I see no hair being raised by this 'plunge' all the way down to $47. And Apmex is now hat in hand begging for you to sell them your silver for $51. They know its only the start of ups for silver.
every time silver goes up a buck, there is a post on it, but today we had a big sell off or should i say plunge and there is no post on it, today was hair- raiseing, i'm geussing that SLV will hit 44 tomorrow before breaking 50 by the weekend
We also need a post that it only cost 5 bucks to dig out of the ground lol. Where has ol meth head been anyway?
We also need a post that silver only cost 5 bucks to dig out of the ground lol. Where has ol meth head been anyway?
$5 won't cover the premium...
every time silver goes up a buck, there is a post on it, but today we had a big sell off or should i say plunge and there is no post on it, today was hair- raiseing, i'm geussing that SLV will hit 44 tomorrow before breaking 50 by the weekend
sorry having hardware problems, i think
Sacrilege was suppose to fix this 'double post' bug a few years ago but it's too complicated a task for his to overcome.
Sacrilege was suppose to fix this 'double post' bug a few years ago but it's too complicated a task for his to overcome.
Sacrilege was suppose to fix this 'double post' bug a few years ago but it's too complicated a task for his to overcome.
Sacrilege was suppose to fix this 'double post' bug a few years ago but it's too complicated a task for his to overcome.
Sacrilege was suppose to fix this 'double post' bug a few years ago but it's too complicated a task for his to overcome.
Total fail Dejean.
It's D'jean.
~D'jean Splicer.
Nobody cares. I don't even care. I just love expressing contempt.
I don't care if this the Fight Club, it's not nice to bash your hosts. Feeding instruction sets to a machine that's just as dumb as the cardboard box it came in isn't nearly as easy as it sounds. Junk'd.
You Dirt Rat you.
Not bashing, poking. Poking fun. Anyway, truth be told the double post 'feature' is just another analytical tool in the hosts arsenal.
Get use to it.
Get "use" to it, huh?
Morons like you make excellent fodder for the meat grinder. I hope you are short.
all of you are idiots, the "double post bug" is actually a "shit detecting profiler" - designed to uh, shit i forgot nevermind.
all of you are idiots, the "double post bug" is actually a "shit detecting profiler" - designed to uh, shit i forgot nevermind.
We are all in the Middle Rusty. I Respect you! Best wishes!
you still in the south pacific?
all of you are idiots, the "double post bug" is actually a "shit detecting profiler" - designed to uh, shit i forgot nevermind.
all of you are idiots, the "double post bug" is actually a "shit detecting profiler" - designed to uh, shit i forgot nevermind.
all of you are idiots, the "double post bug" is actually a "shit detecting profiler" - designed to uh, shit i forgot nevermind.
every time you hit save there is a post on it
bwahahahaha
I thought you SEC guys knew how to buy porn. Only click the button once dude.
Even after the JPM smashdown, silver is UP relative to the last trading day.
Plus what you say just isn't true... just about every day precious metal prices are mentioned in some article or another on ZH. But even so, the trend is clearly UP so that is the story, price-squiggles notwithstanding.
And yes, go back and see my predictions that JPM would in fact smashdown silver prices over the long weekend and before the options expire. I didn't realize silver would shoot up so much before that happened, but this smashdown was their normal modus-operandi.
Here is my forecast for the markets, silver and gold over the next 3 months:
http://www.youtube.com/watch?v=bpOdCWaTsIk&feature=player_embedded#at=73
ES getting goosed by the PPT, even when NFLX is down 5% in the after-life.
Hey, whatever it takes to avoid embarrassment in front of "The King's Speech"
Got to make new 52 week highs before Wed. Got ... to... got ... to...
I hope they do pump the shit out of stocks! Dollar would be 73.4 by Wednesday, silver $53, go for it Ben!
All just imaginary market movements to fool the morons. Purchasing power adjusted stocks are down for the year. But I like to see idiots get all excited about losing wealth, hillarious.
"Purchasing power adjusted stocks are down for the year."
Well, yeah, but after adjusting for lost purchasing power stocks are down for the last eleven years.
Think about it; in Jan 2000 the official CPI number was 169, and today it's over 223.
http://www.inflationdata.com/inflation/Consumer_Price_Index/CurrentCPI.asp
That means that, by the govt's own reckoning, the USD has lost 32% of its value against goods and services. So, today's DJIA is down 30% since Jan 2000 in real terms.
Buy and hold! BWAHAHAHAHAHA!
Only due to a plunging dollar. Stocks are sucking big time, down for the year across the board.
i could listen to a dialogue between you and TD all day long.