flying Posted April 25, 2011 Share Posted April 25, 2011 If what has been reported about JP Morgan & their naked silver shorts is true......They may be in a painful position this week.... Link to comment Share on other sites More sharing options...
12DrinkMore Posted April 25, 2011 Share Posted April 25, 2011 (edited) If what has been reported about JP Morgan & their naked silver shorts is true......They may be in a painful position this week.... I do not know what to believe with this story. But read this and consider whether this is an issue or not. http://caps.fool.com/Blogs/jp-morgan-silver-manipulation/484711 Of course, none of this refutes the idea that JPM could be manipulating the silver market; but I think if people are buying based solely on this nutty theory, they are only going to get burned in the long-run. My guess is that there is some minor modicum of truth behind the story, but that ignorant commentators have exaggerated everything and blown everything out of proportion relative to its actual impact. For example Max Kaiser was a'shoutin an a'screamin at the peeps to get out and buy an ounce of silver to teach JPM a lesson. And then there was the "Stand and Deliver" campaign. Neither of which had the desired effect of sending my AG up into the stratosphere, although its doing quote well, and I am not complaining. Edited April 25, 2011 by 12DrinkMore Link to comment Share on other sites More sharing options...
flying Posted April 25, 2011 Share Posted April 25, 2011 I do not know what to believe with this story. But read this and consider whether this is an issue or not. For example Max Kaiser was a'shoutin an a'screamin at the peeps to get out and buy an ounce of silver to teach JPM a lesson. And then there was the "Stand and Deliver" campaign. Neither of which had the desired effect of sending my AG up into the stratosphere, although its doing quote well, and I am not complaining. Yes I have no horse in the whole JP Morgan race but have read many versions. But again did not base my entry on those stories. But one site that I do read regularly these days is http://harveyorgan.blogspot.com/ Just because it is interesting to watch the comings & goings at the COMEX on both AU & AG It is interesting in relation to market action & at times it does make one wonder if the comex will in fact soon have a delivery problem. Link to comment Share on other sites More sharing options...
Naam Posted April 25, 2011 Share Posted April 25, 2011 for the record: i don't like the way Silver behaved yesterday Link to comment Share on other sites More sharing options...
flying Posted April 25, 2011 Share Posted April 25, 2011 for the record: i don't like the way Silver behaved yesterday Me 2 That gap up was not a great sign But then again looks like it was brought back today once the US opened. Will also be a interesting week with BS Bernanke doing a few speeches Link to comment Share on other sites More sharing options...
churchill Posted April 26, 2011 Author Share Posted April 26, 2011 Only for the very nimble ! Silver Undergoes 10% Correction As Dollar Poundage Resumes; Dollar-Backed Swiss Franc Now Flight To Safety http://www.zerohedge.com/article/silver-undergoes-10-correction-dollar-poundage-resumes-dollar-backed-swiss-franc-now-flight- Link to comment Share on other sites More sharing options...
Naam Posted April 26, 2011 Share Posted April 26, 2011 Dollar-Backed Swiss Franc Link to comment Share on other sites More sharing options...
flying Posted April 26, 2011 Share Posted April 26, 2011 Got an email 4/25/11 from APMEX The American Precious Metals Exchange Not a great deal on the gold but did surprise me with their $3 on top of Silver Eagle spot prices Seems the US mint has been held up till May 13th We Want These Products:We will pay you $38.00 over the current spot price of Gold for your Gold American Eagles. ANY year, ANY quantity! Gold American Eagle We will pay you $3.00 over the current spot price of Silver for your Silver American Eagles. ANY year, ANY quantity! Link to comment Share on other sites More sharing options...
cloudhopper Posted April 26, 2011 Share Posted April 26, 2011 A different perspective http://www.zerohedge.com/article/guest-post-gold-hedge-back-envelope-calculation Link to comment Share on other sites More sharing options...
JRinger Posted April 27, 2011 Share Posted April 27, 2011 (edited) As far a silver goes, I think it has a ways to go "UP" before any bubble to bust. Anyone with silver coins or bullion to sell before the price falls more? , please pm me.... Edited April 27, 2011 by JRinger Link to comment Share on other sites More sharing options...
JRinger Posted April 27, 2011 Share Posted April 27, 2011 Forgot to ask: Anyone ever purchased silver coins from Thai Bullion Exchange ? www.thaibullionexchange.com their site doesn't seem to be working anymore and wondering if they're ok or ? Thanks Link to comment Share on other sites More sharing options...
flying Posted April 27, 2011 Share Posted April 27, 2011 (edited) Short Sellers Now Screaming About a Buy Side Silver Conspiracy Worthwhile reading IMO Edited April 27, 2011 by flying Link to comment Share on other sites More sharing options...
JRinger Posted April 27, 2011 Share Posted April 27, 2011 (edited) Short Sellers Now Screaming About a Buy Side Silver Conspiracy Worthwhile reading IMO indeed, good reading although a bit long... Have you seen this: http://www.silver-investor.com/index.html checkout the video: http://cache.silver-investor.com/movie/11silverfactors/11_silver_factors_Popup.html Edited April 27, 2011 by JRinger Link to comment Share on other sites More sharing options...
Abrak Posted April 27, 2011 Share Posted April 27, 2011 As far a silver goes, I think it has a ways to go "UP" before any bubble to bust. Anyone with silver coins or bullion to sell before the price falls more? , please pm me.... Daaa deee diii daaa, daaa derrr dee daa dteee...... Link to comment Share on other sites More sharing options...
JRinger Posted April 27, 2011 Share Posted April 27, 2011 As far a silver goes, I think it has a ways to go "UP" before any bubble to bust. Anyone with silver coins or bullion to sell before the price falls more? , please pm me.... Daaa deee diii daaa, daaa derrr dee daa dteee...... Unfortunately, that's way over my head. Looks like no end to intelligent responses. It sort of resembles 'baby talk' but can't be sure. Link to comment Share on other sites More sharing options...
jcon Posted April 27, 2011 Share Posted April 27, 2011 As far a silver goes, I think it has a ways to go "UP" before any bubble to bust. Anyone with silver coins or bullion to sell before the price falls more? , please pm me.... Daaa deee diii daaa, daaa derrr dee daa dteee...... Abrak, good to see you.... I just sat here like an idiot and tried to sound out what you wrote, but for the life of me I can't figure out the tune!!!!!! Link to comment Share on other sites More sharing options...
Naam Posted April 27, 2011 Share Posted April 27, 2011 Daaa deee diii daaa, daaa derrr dee daa dteee...... good to know that you are still kicking Abrak. a rumour circulated that you went up the Amazonas with a kayak to hunt caymans and then some savage injun tribe kidnapped you. Link to comment Share on other sites More sharing options...
flying Posted April 27, 2011 Share Posted April 27, 2011 indeed, good reading although a bit long... Have you seen this: http://www.silver-investor.com/index.html checkout the video: http://cache.silver-investor.com/movie/11silverfactors/11_silver_factors_Popup.html Things I already knew but well presented Thanks Link to comment Share on other sites More sharing options...
dananderson Posted April 27, 2011 Share Posted April 27, 2011 As far a silver goes, I think it has a ways to go "UP" before any bubble to bust. Anyone with silver coins or bullion to sell before the price falls more? , please pm me.... Daaa deee diii daaa, daaa derrr dee daa dteee...... Abrak, good to see you.... I just sat here like an idiot and tried to sound out what you wrote, but for the life of me I can't figure out the tune!!!!!! Sounds like an old Police tune......(when their logic ties me up and rapes me) hint hint Link to comment Share on other sites More sharing options...
churchill Posted April 27, 2011 Author Share Posted April 27, 2011 Daaa deee diii daaa, daaa derrr dee daa dteee...... good to know that you are still kicking Abrak. a rumour circulated that you went up the Amazonas with a kayak to hunt caymans and then some savage injun tribe kidnapped you. Could it be a message ? i thought either http://www.youtube.com/watch?v=aNiYECUd2ZU or http://www.youtube.com/watch?v=-iJk9vWzBqc meaning ? Link to comment Share on other sites More sharing options...
churchill Posted April 27, 2011 Author Share Posted April 27, 2011 Timing ! / Finally, a Hyperinflation Argument That Persuades http://www.rickackerman.com/2011/04/at-last-a-hyperinflation-argument-that-persuades/#more-34127 ' Link to comment Share on other sites More sharing options...
churchill Posted April 27, 2011 Author Share Posted April 27, 2011 Short Sellers Now Screaming About a Buy Side Silver Conspiracy Worthwhile reading IMO I think Silver still has some fight ! Nothing goes straight up ---/ Picking A Fight With 5 Silver Traitors/Traders http://dont-tread-on.me/picking-a-fight-with-5-silver-traitorstraders/ Link to comment Share on other sites More sharing options...
flying Posted April 27, 2011 Share Posted April 27, 2011 (edited) As Bernanke speaks gold sets new record highs $1527/oz as I type Silver also doing very well @ + 4.5% $47.59/oz Tanx Bernanke Edited April 27, 2011 by flying Link to comment Share on other sites More sharing options...
badge Posted April 28, 2011 Share Posted April 28, 2011 Worth a scan at very least. http://www.gmo.com/websitecontent/JGLetterALL_1Q11.pdf Link to comment Share on other sites More sharing options...
dananderson Posted April 29, 2011 Share Posted April 29, 2011 Good interview with T3 trader who predicted gold would hit $1500 2 years ago. http://www.thestreet.com/video/index.html?clipId=11098050 Link to comment Share on other sites More sharing options...
flying Posted April 29, 2011 Share Posted April 29, 2011 Dow to gold ratio sniffing at going below 8 Dow 12807/ gold$1563.6 = 8.19 Link to comment Share on other sites More sharing options...
flying Posted April 30, 2011 Share Posted April 30, 2011 Gold-Buying Central Bankers May Extend Record Rally Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices.As developing countries accelerate purchases, gold may reach $2,000 an ounce this year, compared with a record of $1,569.80 today in New York, said Robert McEwen, the chief executive officer of producer U.S. Gold Corp. Euro Pacific Capital’s Michael Pento, who correctly predicted gold’s highs for the past two years, forecasts a 2011 high of $1,600. Prices reached a record 15 times this month on demand from investors seeking an alternative to the dollar after the currency slumped to the lowest since 2009, U.S. debt widened, and the Federal Reserve signaled April 27 that borrowing costs will remain near zero percent for an extended period. The economy in China, the biggest foreign holder of U.S. Treasuries, grew 9.7 percent in the first quarter. “China is out to have more gold than America, and Russia is aspiring to the same,” McEwen said yesterday in an interview at a Bloomberg Link conference in New York. “When you have debt, you don’t have a lot of flexibility. China wants to show its currency has more backing than the U.S.” Full Article at link above Link to comment Share on other sites More sharing options...
Naam Posted April 30, 2011 Share Posted April 30, 2011 “China is out to have more gold than America, and Russia is aspiring to the same,” McEwen said yesterday in an interview at a Bloomberg Link conference in New York and added "this is what Putin and Hu repeat every sunday morning when we three have breakfast together" Link to comment Share on other sites More sharing options...
flying Posted April 30, 2011 Share Posted April 30, 2011 Gold climbs to new high of Rs 23,175/10 gram, silver slips PTI | Apr 30, 2011, 03.24pm IST NEW DELHI: Gold prices surged to a new peak and crossed the Rs 23,000 mark in the national capital on Saturday on sustained buying by speculators, triggered by a strong rally in overseas markets. Silver, however, dropped due to reduced offtake.The yellow gold spurted by Rs 655 to all-time high of Rs 23,175 per 10 grams as the metal in international markets climbed to a record high of USD 1,570.60 an ounce in day-to-day trading. Link to comment Share on other sites More sharing options...
Naam Posted May 1, 2011 Share Posted May 1, 2011 crazy silver drop when Globex started trading: Link to comment Share on other sites More sharing options...
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