Where?
From 8/30/2012, “We Have To Get Our Fiscal House In Order” Financial Media B/S
In other words, the PAST artificial prosperity or credit induced affordability is no longer “SUSTAINABLE”. (another media mantra word) The country has to live with, and accept, the results of “free trade”, trade imbalances, budget deficits and off shoring of entire industries…..
“Getting the “financial house in order” means less gov’t spending on needs, and higher taxes, to pay for old debt burdens, increased “food stamps” and retired public employees costs.
Well, it won’t happen and it CAN’T happen. A default, bankruptcy, non-payment of bills makes more sense.
To avoid the above, and truly get or regain prosperity, the USA would have to resort to protectionism.
Raise the sales tax to 25%-50% on any and all imported goods only. No import tariff. Get it? Isolationism. Re-declare US independence. Hooray for us and to hell with the rest of the world. 🙂
And if all countries took the same stance, they would ALL be better off.
SLW needs to PAY a DIVIDEND directly to Shareholders
in the FORM of BULLION or silver coins ..I want my ROYALTY ! I dont want PAPER dividends ,I want Metal !
The shorts cant short METAL ….
How’s come the press never fact checked bathhouse Barry?
As if he were a saint.
The Commitment of Traders Report
Silver
*The large specs increased their long positions by 4,083 contracts and increased their shorts by 878 contracts.
*The commercials increased their longs by 3,275 contracts and increased their shorts by 6,481 contracts.
*The small specs reduced their longs by 349 contracts and reduced their shorts by 350 contracts.
Gold
*The large specs increased their long positions by 7,414 contracts and reduced their shorts by 6,597 contracts.
*The commercials reduced their longs by 1,813 contracts and increased their shorts by 9,963 contracts.
*The small specs increased their longs by 581 contracts and increased their shorts by 2,816 contracts.
Nothing new under the sun in that report.
Woulda Shoulda Coulda
Winedoc
PS: It can’t happen here ………..
Happy Hour: Eeos/Maya and Friends …… keep stacking !!
The Casino is rigged ……..
Everyone reading this Forum knows that, as frustrating as it is ……
If you get any chances to convert paper profits/spare cash to Phyzz …….. do it !!
Keep Stacking !!
One Day ….. Physical Gold and Silver will go no bid and there will be a black market
In what lifetime ? ……. well, we can all sleep when we are dead ……
“Gold Knows No Spore”
Meanwhile, ride on ……
Good Evening Friends
……… Still Here ………
The Winedoc
No surprises there apart from SM making record close.
granters and scum in total control….options should have a clear warning, that u will be screwed if u buy them and the SEC could not give a damn.
Great weekend all.
Maddog
So today is OpEx for the shares and indexes?
Futures and options was yesterday?
I just took a look at the COT Report. The scum got even shorter on silver. I don’t know what to think, but with the performance of the shares I’m nervous a silver slaughter is on the way.
Bold prediction
The dollar will never fail in anyone’s lifetime in this forum. Too many key players would get stuffed and they’re not going to let it happen. If it fails they’ll usher in another load of BS, an immediate replacement. The cabal will never give up. Crooks help crooks period
Maya @ 1448
Simply follow it thru on your thesis: It’s complete Mad Max, imho. So, everything shuts down, no Banks open, no Atm’s working, brokerages shut, etc. You need gas to go shopping so you pay in cash or junk silver. The gas station accepts the cash and your station is re-supplied. Then what? The gasoline wholesaler has cash now but, can’t deposit it because all the banks are closed. The whole system under your scenario just dissolves. It’s every man for himself and its Mad Max time. The things that you suggest may indeed come to pass but, only in the relative short term till the fix is resolved.
Short note on our friend Joe Sixpack and Armstrong the wrong. Remember maybe that I asked Joe at what point would he give up his Armstrong Gold permabear cards ? I asked @ $1399, $1500, $18oo?? Joe responded that $Gold 1256 by the ending of Feb trading would do it. We are above that point now with only 2 trading days to go. Armstrong BTW, completely missed THE gold bottom in Dec 2015 and the higher gold Int low in 2016. Shameful.
SnG @ 13:51
It can’t be true, there is no such number as “eleventy.”
Pretium getting a little Northern Dy-Nasty treatment. Serial shorter again or…
Avalanche Granduc style or cave in?
Not rational
eeos @ 12:10
“Just give me bars, eff the rest”
You have come around to the frustrating realization I made years back…. the paper game is completely ‘controlled’, as is the commodity price.
The whole damn ‘system’ will have to collapse to free up prices… but the flip side is that with such a collapse, your brokerage will likely close it’s shop and you will not get any money out. What? You still own the stocks that maybe you could sell?? Wrong!
The Depository Trust Corp. owns the stocks… ALL of them. YOU only own a paper IOU… and it just burned.
Stacking physical in your personal possession is the only sane choice. Paper? You are only fooling yourself.
Buygold
My take is that it is all option related, last few days, plus there is clearly an attempt to bully the dollar higher, by the shorts.
The mkt is massively long dollars and so far we have seen very little covering. Tdy GBP/USD got close to 126.00 much above there a major trendline breaks…out of nowhere it is was smashed back to 124.50 ..smacks of desperation…..Note mkt never expected the Donald to win and Killery would have kept the strong dollar policy etc.
As for GDX offers have been 2 or 3 to one all day, as granters make a mockery of option trading.
Dollar Peaked End Of Dec Near 104 and is 101 now 2.8% lower, On a Bounce From 99 in Early Feb
GOLD and dollar both up together since early Feb.
Here comes the dollar again
Pretty brutal day even with the metals up a little.
Time to raise some cash.
The AG AU and PMs All Bottomed Dec 23rd.
I took this Google chart, entered SLV GLD AG GPL and KLDX. It shows SLV + 16%, GLD + 11% AG + 42% GPL + 39% and KLDX up + 41%.
So maybe the bullions need to catch up a little. Use chart below, enter you favorites, compared to SLV or GLD scroll sideways to Dec 23rd, and enter your favorites.
http://www.google.com/finance?q=gld&ei=tXywWLiiJpS3mQGAwrf4Dg
Jeebus, has there ever been a more duller market? Range bound quiet before the storm?
Mortimer, turn those machines back on!
Same with HL
I don’t care what your proven reserves are damn tards. Just shut up and mine
Another Example Of Strange Robotic Machine Determined Artificial Price Action
There is no way in hell, I’ll ever believe this chart reflects natural supply and demand activity.
Miner CDE: http://schrts.co/NRC4rh