Eurozone Contagion Deepens After Disastrous German Auction; Silver Supply Issues

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Wed, 11/23/2011 - 10:18 | 1906495 TruthInSunshine
TruthInSunshine's picture

Only Mo Cheez can save the economy now.


Wed, 11/23/2011 - 10:19 | 1906501 SGS
SGS's picture

Silver? What Silver?  Its not in JPM's report. 

Wed, 11/23/2011 - 10:22 | 1906523 CPL
CPL's picture

Silver baby.


The other white meat.  The cheaper cut that everyone owns in terms of physical.

Wed, 11/23/2011 - 11:02 | 1906644 Oh regional Indian
Oh regional Indian's picture

IF ONLY people under-stood the real nature of Gold and Silver. But esoteric thinking is for Astrologer types, right?



Wed, 11/23/2011 - 10:34 | 1906557 bernorange
bernorange's picture

Sprott is going to have a hard time finding silver for his PSLV shelf filing.

Wed, 11/23/2011 - 10:47 | 1906591 CPL
CPL's picture

Yes he will.



Wed, 11/23/2011 - 10:59 | 1906631 Dr. Richard Head
Dr. Richard Head's picture

Come's only 50 million ounces at today's price.  It's not like JPM is short those 10,000 contracts (thanks Turd).

Wed, 11/23/2011 - 12:53 | 1907138 Republi-Ken
Republi-Ken's picture

TALKING YOUR BOOK you fucking asshole conservative...



Wed, 11/23/2011 - 16:26 | 1908141 akak
akak's picture

It's bad enough to be a retard, but really, really annoying to be a screaming retard.

Wed, 11/23/2011 - 13:01 | 1907173 knukles
knukles's picture

Most of the western world remains ignorant of how to buy gold?

That's sales hype.
Europeans (the other white meat) have been owners of gold, silver, for eternity.
It's the Nord Americanos who don't know fuck about the PM's.

Gimme some breathing room.

Fucking pubescent shite.

Wed, 11/23/2011 - 16:30 | 1908159 akak
akak's picture

Silly Knukles, don't you know that for the vast majority of (provincial and ignorant) Americans, the United States of America IS the Western World?

In the minds (such as they are) of the average Wal-Martian, a map of the USA is simply blank on the other side of our borders --- "beyond here there be dragons".

Wed, 11/23/2011 - 10:18 | 1906497 Xibalba
Xibalba's picture

'If it hurts when you drop it on your toe, SELL IT.'  - JPM 

get those digitized credits. 

Wed, 11/23/2011 - 10:19 | 1906503 Saxxon
Saxxon's picture

Just buy and put in a cigar box in your closet.

Wed, 11/23/2011 - 10:53 | 1906618 Captain Kink
Captain Kink's picture

Monster box crushed the poor cigar box...before I took it out in my canoe and it fell overboard. Darnit!

Wed, 11/23/2011 - 11:08 | 1906647 Dr. Richard Head
Dr. Richard Head's picture

There is a rash of burglaries happening in my neck of the woods.  The FIRST place the thieves go is into the master bedroom closet.  Of course, the houses that have been broken into are ones that have left a door unlocked.  Pull together the fact that people are putting their valuables in a spot know for "hiding" valuables along with leaving a door unlocked and you got yourself a Darwin Wealth Winner.

Wed, 11/23/2011 - 13:05 | 1907191 knukles
knukles's picture

Somebody tried that on one of my neighbors a while ago.  He keeps his gold and silver out on his coffee table in plain sight.  They didn't pay attention to the sign that said "beware of the claymores".  Stepped on the pressure pad and..... 

Wed, 11/23/2011 - 11:00 | 1906633 TruthInSunshine
TruthInSunshine's picture

Boy, this sure doesn't sound good:

Fate of Euro May Hinge on Italian Savers
Wed, 11/23/2011 - 10:19 | 1906504 PaperBear
PaperBear's picture

Silver supply issues ? And yet there is pleny of paper silvers being sold by JPM and the other criminals.

Wed, 11/23/2011 - 10:37 | 1906561 SheepDog-One
SheepDog-One's picture

Yea isn't paper silver just as good? I'm sure they got our back just like MF GLobal, what could go wrong?

Wed, 11/23/2011 - 13:06 | 1907195 knukles
knukles's picture

Paper silver is best when held in segregated commodity accounts at the CME.

Wed, 11/23/2011 - 10:20 | 1906510 JSD
JSD's picture

Get your umbrellas out; it's about to rain Euros.

Wed, 11/23/2011 - 10:21 | 1906513 dereksatkinson
dereksatkinson's picture

Sprott is going to break the comex this year.



Wed, 11/23/2011 - 10:30 | 1906544 thunderchief
thunderchief's picture

Nice link. 

One and a half billion dollar purhase of physical silver at these criminally manipulated prices. 

I hope they drive the price down lower in the coming weeks so he gets even more bang for the buck. 

Wed, 11/23/2011 - 11:05 | 1906663 ParkAveFlasher
ParkAveFlasher's picture

Thanks for that link drop.  Gave me an ingot in my pants, gettin shinier by the minute.

Wed, 11/23/2011 - 14:36 | 1907582 ActionFive
ActionFive's picture

Sprott's near inside looking silver trade history is getting more attention than the fed. Is this where they have to cross his trade?

Wed, 11/23/2011 - 10:22 | 1906524 Carlyle Groupie
Carlyle Groupie's picture

My TurkeyHedge is in the hurtlocker.

Wed, 11/23/2011 - 22:01 | 1909156 Use of Weapons
Use of Weapons's picture



Paid troll. Blocking in effect.

Wed, 11/23/2011 - 10:24 | 1906526 thunderchief
thunderchief's picture

Sprott physical Silver fund PSLV is going to make another offering.  A boat load of physical silver will come off the market in the coming weeks/months. 

Wed, 11/23/2011 - 10:24 | 1906529 tmosley
tmosley's picture

What, paper price going down disrupts physical supply?  Say it ain't so!

Wed, 11/23/2011 - 10:28 | 1906536 apberusdisvet
apberusdisvet's picture

All of my 3 local coin/bullion dealers have little or no product to sell; 3-4 week wait.

Wed, 11/23/2011 - 11:00 | 1906632 Montgomery Burns
Montgomery Burns's picture

Mine also. Funny how they seem to have plenty when the price is up but have little or none when the price is low. hmmm.

Wed, 11/23/2011 - 10:29 | 1906541 youngman
youngman's picture

Someone pulled a lot of silver out of Comex yesterday....I too am confused why Gold and Silver are not skyrocketing and setting new new highs.....the western world is defaulting in front of our eyes....someone is losing alot of money somewhere....if you are a bond holder who is watching his investment fall by 15%..or more..depending on the country....what do you do...these pensions that rely on an 8% year over year return...good luck...oh well...more rum for the crew I say...keeps em happy

Wed, 11/23/2011 - 14:01 | 1907433 BidnessMan
BidnessMan's picture

Compared the fiat paper market, the Gold and Silver markets are tiny.  Easy to manipulate when you have a blank check from the Plunge Protection Team.

Wed, 11/23/2011 - 10:30 | 1906546 eddiebe
eddiebe's picture

Steady as she goes boys and girls. Now is not the time to panic with the herd. Trade your Federal reserve notes and other Government IOU's for PM's, food, oil and yes, lead. There is a sale on for limited time only.

Wed, 11/23/2011 - 10:33 | 1906556 SheepDog-One
SheepDog-One's picture


Wed, 11/23/2011 - 10:50 | 1906605 Gief Gold Plox
Gief Gold Plox's picture

Unfortunately, not so much in euros. But that's ok, I was almost out of powder anyways.

Wed, 11/23/2011 - 11:02 | 1906645 r101958
r101958's picture

"If Germany has to buy its own bonds, it is frightening to think how other European nations, including France, will fare at bond auctions in the coming weeks."

We are conveniently pointing our finger at EU issues. We should remember that when we point a finger at the EU three fingers are still pointing back at us.


Wed, 11/23/2011 - 10:31 | 1906547 FL_Conservative
FL_Conservative's picture

Can somebody speed up this S-L-O-W M-O-V-I-N-G train wreck already?

Wed, 11/23/2011 - 10:32 | 1906551 LuisF
LuisF's picture

Helicopter Ben will save the world today. Sell all PMs. JPM gave trhat advice. TRUST them 

Wed, 11/23/2011 - 10:32 | 1906552 SheepDog-One
SheepDog-One's picture

DANG! Well cant printing more piles of paper solve all this? Get busy there, worthless central banksters who have never produced a damn thing of value your whole lives come on if youre gonna print, dont talk about it...PRINT! Ya bastards!

Wed, 11/23/2011 - 11:11 | 1906697 topcallingtroll
topcallingtroll's picture

Germany wont allow printing.
The market finally understands and this is the beginning.
Huge deflation. The worst kind, with rising interest rates.

Wed, 11/23/2011 - 10:33 | 1906553 yabyum
yabyum's picture

One of the hoard of "we buy gold and silver" shops in town has upgraded its work force. The sign carrying chicken is now a goriila. who are these people who have the full page ads in the paper? They are trying to sock it away. Have yet to see Blythe. Yet.

Wed, 11/23/2011 - 10:38 | 1906562 OliverTwist
OliverTwist's picture

And somebody took out a few ounces of silver from Brink's .... (ca.: 2.3 Million)

Wasn't me!

(sorry I saw that youngman has already posted this fact)

Wed, 11/23/2011 - 10:41 | 1906564 Gief Gold Plox
Gief Gold Plox's picture

"German 10-year bund yield rose sharply from 1.92% to over 2.06%"

German 10Y bond yield now at 2.125%

Wed, 11/23/2011 - 10:40 | 1906566 Franken_Stein
Franken_Stein's picture

If you American knuckleheads still don't get it what this is all about, then I can't help you and maybe you deserve what is about to be unleashed onto you.


When, for the love of God, will you start to connect the dots ?!

Wed, 11/23/2011 - 11:11 | 1906699 Iwanttoknow
Iwanttoknow's picture

Sir,you are one of the few who gets the the forest.ZHers are a smart bunch.However,they are mostly fixated on the trees.No sarcasm.Are we moving to to a global currency and a global fed reserve?

Wed, 11/23/2011 - 11:53 | 1906864 MachoMan
MachoMan's picture

We are moving that way, it's just not perfectly in a straight line...  more like a stair-stepping effort...  each boom bust cycle we'll get closer and closer to unifying world central banks (and political control) once and for all.  The problem, of course, is that the best laid plans of mice and men...

until that day.

Wed, 11/23/2011 - 10:40 | 1906568 Josh Randall
Josh Randall's picture

Was Corzine spotted in Europe?

Wed, 11/23/2011 - 10:43 | 1906578 TideFighter
TideFighter's picture

Anybody buying potassum, nitrogen, and phosphate? After all, them 48 million soon-to-be 'snap-pers' will need a meal.

Wed, 11/23/2011 - 10:51 | 1906583 Bansters-in-my-...
Bansters-in-my- feces's picture

So what the fuck is with silver dropping over $1.00 again.....?

Fuck You's J P Morgan Chase & Co........

................................FUCK YOU'S.......................

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