US Mint Reports Unprecedented Buying Spree Of Physical Silver

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Thu, 01/13/2011 - 15:39 | 873801 JonNadler
JonNadler's picture

silver is going down, BIG time!

Thu, 01/13/2011 - 15:42 | 873808 JonNadler
JonNadler's picture

the silver drop has already begun, it's down 20 cents;  24 by tomorrow

Thu, 01/13/2011 - 15:52 | 873861 goldmiddelfinger
goldmiddelfinger's picture

You can say that again!

Thu, 01/13/2011 - 22:29 | 875151 Malcolm Tucker
Malcolm Tucker's picture

EXCELLENT cartoon about "The American Dream"! Full of references to banksters, the FED, fractional reserve lending, debt, gold, etc....


If there ever was a cartoon argument (other than the silver bears) to buying PM this is it:


Thu, 01/13/2011 - 23:18 | 875238 FEDbuster
FEDbuster's picture

BTW the picture is of a platinum one oz. US mint coin not a silver eagle.

Thu, 01/13/2011 - 23:50 | 875281 rocker
rocker's picture

Right on. Buy them too. I have by safe full.

I thinks' the point is:  Do they make Depends large enough for Jamie Diamon. 

I hope not.  "Just Buy the Fuckn Dips."

Fri, 01/14/2011 - 01:35 | 875409 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Buy platinum.

Fri, 01/14/2011 - 01:36 | 875412 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Buy platinum.

Mon, 07/25/2011 - 08:49 | 1490180 mediaprizm
mediaprizm's picture

Truly nice post of "US Mint Reports Unprecedented Buying Spree Of Physical Silver".
Online Buying Guides

Mon, 01/17/2011 - 01:05 | 880954 VegasRage
VegasRage's picture

Yeah that sure sounds like Kitco's Jon Nadler alright. That guy never wants to face the reality that is going on.

Sat, 07/02/2011 - 12:03 | 1421204 cole
cole's picture

As in all crises investors seek refuge in real like gold and silver

Codigos postales - coches usados

Sat, 07/02/2011 - 12:06 | 1421206 cole
cole's picture

Excuse me . this is duplicate

Thu, 01/13/2011 - 15:42 | 873809 JonNadler
JonNadler's picture

the silver drop has already begun, it's down 20 cents;  24 by tomorrow

Thu, 01/13/2011 - 15:46 | 873833 DoChenRollingBearing
DoChenRollingBearing's picture

$24 tomorrow!

$2 next week!

$0.02 next month!

Ask Blythe if I got that right, OK?

Thu, 01/13/2011 - 15:54 | 873867 JonNadler
JonNadler's picture

Blythe is in a comma at the moment after that attack at the Crimex didn't work out the other day andsilver managed to come back over 29, she went catatonic.


I got three junks already DoChen, som boys is slow ain't them


Thu, 01/13/2011 - 16:35 | 874093 Robot Traders Mom
Robot Traders Mom's picture

You fucking tool. Now I have to change my name to Jon Nadler's Mom

Thu, 01/13/2011 - 16:35 | 874097 LowProfile
LowProfile's picture

I know you're being sarcastic, but silver is waaaaaay overbought at this point.  Gold is stretched too.

You all should be hoping for a (likely IMO) significant pullback.  I am!

Thu, 01/13/2011 - 17:18 | 874197 outamyeffinway
outamyeffinway's picture

Kindly explain how Ag is waaaaay overbought when it has never been allowed to trade on the free market and there are reports of physical deliveries across the world???

Thu, 01/13/2011 - 18:18 | 874547 Armchair Bear
Armchair Bear's picture

that's what they've been trained to say.


you are correct - silver has not been honestly priced for decades -  old habits die hard...


Silver's "nominal" price is irrelevant at the moment - what other commodity (esp. one with a long monetary history as silver) that is indispensible to industry trades at a lower price than it did 30+ years ago?  Answer: none.

Thu, 01/13/2011 - 18:30 | 874587 Dr. Porkchop
Dr. Porkchop's picture

This is what tingles my street sense. If the fundamentals are that silver has no real substitute, is being consumed and is in high demand for industrial use, then it should at least command a higher price. If industrial demand falls off because of another major downturn, we still have the massive money printing and debt problems which still put silver in a good position as a hedge.

The arguments that the naysayers put forth seem to be grounded in the fact that the stock market is rallying and the dollar will always be on top because the empire says it will. Generally, I find that when something grates against your common sense, it's a sign theres bullshit afoot.

Thu, 01/13/2011 - 19:04 | 874697 lawrence1
lawrence1's picture

Hey, friend, dont ask for facts and reasoning from some guys... it strains the brain and slows their train.  Just ignore ignorance and eventually they go somewhere else less demanding.

Thu, 01/13/2011 - 17:52 | 874456 Calmyourself
Calmyourself's picture

Can you expand on this or just an opinion dump and run?

Thu, 01/13/2011 - 16:36 | 874098's picture

Blythe is in a comma at the moment


A result of Blythe having her head up her colon?

Thu, 01/13/2011 - 18:19 | 874550 Armchair Bear
Armchair Bear's picture

nice grammatical pun!

Thu, 01/13/2011 - 20:44 | 874950 RockyRacoon
RockyRacoon's picture

Could just be her period.   Nah, I shouldn't say that.  But I did.

Fri, 01/14/2011 - 00:50 | 875354 delacroix
delacroix's picture

pms    precious metals syndrome

Fri, 01/14/2011 - 01:16 | 875381 CD
CD's picture

In case anybody has not yet seen Turd Ferguson's blog, you should check it out. Blythe sometimes stops by, and leaves occasional notes:

Turd, darling, I do apologize so for for the damage to your posterior regions today. But I really must insist that I have given you more than fair warning that this is my sandbox and that there is a price to pay for playing in Blythe's sandbox. I am more than happy to take your money, Turd, but it does cause me a slight twitch of guilt to watch you commoners piddle away your hard earned money gambling in my house.

Blythe suggests that you and all the other minions should read the Chris Martenson post referenced earlier on this board and on Zerohedge. You would do well to read his earlier post (The Sound of One Hand Clapping) also. As Chris notes, we make the rules to suit our ends and if the rules don't suit our ends then we change them. This is our casino. We let you play and perhaps win a hand or two, but we will not lose the game, Turd. The CFTC hearing was lovely to watch, wasn't it? 

Again, it does pain me so to receive so much hostility from you and your rabblerousers out here on these chatting boards. Especially when, for those of you buying physical, I remain the best benefactor you've ever had. 

We shall see what tomorrow brings, Turd.



Thu, 01/13/2011 - 22:45 | 875177 Jack Burns
Jack Burns's picture

A tricky operation.  But it is her asterisk.

Thu, 01/13/2011 - 16:38 | 874109 hambone
hambone's picture

20 DMA for SLV at $27.75 - seems a great time to pick up SLV @ $27.80 and set a stop at $27.50???

Potential reward - lots

Potential risk - minimal


Thu, 01/13/2011 - 17:01 | 874231 Jonas Parker
Jonas Parker's picture

If you don't hold it, you don't own it!

Thu, 01/13/2011 - 18:55 | 874667 JonNadler
JonNadler's picture

haha he's buying SLV, well at least somebody is drinking my kool aid, oh please buy SLV and not the real thing, we at JP Morgan greatly appreciate it

Thu, 01/13/2011 - 16:43 | 874139 DoChenRollingBearing
DoChenRollingBearing's picture

Well, JonNadler, look at the bright side!

You are free of her, at least while she is still catatonic.  Now might be a good time to get out of Dodge!

And kitco will always have you back...

Thu, 01/13/2011 - 16:49 | 874172 akak
akak's picture

And kitco will always have you back...

Well, SOMEBODY has to maintain the Ponzi of their fraudulent pooled precious metals accounts ---- might as well be Jonny, the man who is responsible for setting them up in the first place, after his glorious stint doing the same kind of thing over at Bank of America.

Thu, 01/13/2011 - 17:03 | 874248 DoChenRollingBearing
DoChenRollingBearing's picture

I ask for JonNadler's kind grace to forgive me announcing that:

Jim Willie CB has a new column just out!

At, probably kitco as well (hey, if it is at kitco, do our buddy JonNadler a favor and click his new employer...)

Thu, 01/13/2011 - 17:27 | 874354 Hephasteus
Hephasteus's picture

Blythe is not in a coma. She is enjoying music. Ain't nothing gonna break-a-my derivative.

Thu, 01/13/2011 - 18:23 | 874564 Armchair Bear
Armchair Bear's picture

nice pants - luckily the camera kept it mostly above-the-waist...

Thu, 01/13/2011 - 20:39 | 874938 StychoKiller
StychoKiller's picture

I always hate it when I get stuck in punctuation! :>D

Thu, 01/13/2011 - 23:31 | 875257 SWCroaker
SWCroaker's picture

Your point?

Thu, 01/13/2011 - 19:11 | 874716 Don Birnam
Fri, 01/14/2011 - 06:06 | 875548 Lord Koos
Lord Koos's picture

She is one scary-lookin', sold-my-soul-long-ago girl.

Thu, 01/13/2011 - 17:00 | 874229 THE DORK OF CORK
THE DORK OF CORK's picture

Its only going down from your perspective - the rest of us see silver rising , hold on I'm getting dizzy.

Thu, 01/13/2011 - 17:23 | 874335 JLee2027
JLee2027's picture

JonNadler, lol.

Thu, 01/13/2011 - 15:44 | 873818 faustian bargain
faustian bargain's picture

"Wake up...time to BUY."

Thu, 01/13/2011 - 15:50 | 873856 Horatio Beanblower
Horatio Beanblower's picture

Happy days are here again!  BTFD!

Thu, 01/13/2011 - 16:14 | 873990 Pladizow
Pladizow's picture

Hey, Troll Boy!

How much leverage have you taken on to short silver?

Thu, 01/13/2011 - 16:45 | 874137 f16hoser
f16hoser's picture

If you take leverage and place a C in front, add an A lose the ER and whala CLEAVAGE!



Fri, 01/14/2011 - 07:44 | 875586 Betty Swallsack
Betty Swallsack's picture

Not really.  But as you revel in your own 'brilliance', what you said was whale-a.  The word you're looking for, my illiterate friend, is 'voila'.

Thu, 01/13/2011 - 17:53 | 874461 reader2010
reader2010's picture

I piled myself big time into DGP and SLV back in 2008 when PM dropped like a rock. Closed my positions about a week ago. the charts are screaming!

Thu, 01/13/2011 - 15:44 | 873823 DoChenRollingBearing
DoChenRollingBearing's picture

Nice video!

Although we already know all that...

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