Have some of that shorty!
R640 – Nice job
Spidey sense panned out.
Looks like most of the commodities – other than gold – are rockin’ this am.
Not sure the pm shares have realized it yet. Be interesting to see if they keep the cap at 2% in silver today.
R640
U sure got the ‘smell’…..great trade and now I see $ 17 is going….hopefully the shares will join the party.
What is even more bizarre is that @ $ 17 back in the 70’s the spread (bid/offer) on the outright spot would have been way more than 4 cents…when we hit $ 50 the spot spread was at least $ 5….like $ 45.00 to $ 50.00
Yes, that is correct–and historically that arrogance/confidence on the part of the writer of the options is warranted.
R640
Re SLV calls
SLV at 15.80 with 34 cents for an Apr 15.50 strike, decl 20 Apr…isn’t the call seller saying he wants only 4 cents for 3 days….which with the Rig ain’t far wrong historically.
Coffee Time: Silver: Howling Like a Wolf ? Or Another false Breakout ?
Alex Colville Big Coin Series
Come on Silver, lets get it on …….
Morning Friends
Winedoc
Gold Train
The CP beaver descends Kicking Horse Pass
http://www.railpictures.net/photo/654890/
Watching this Lunatic that calls himself a Democratic Strategist
‘Goodstein’ on the Tucker Carlson show on another channel at the same time its parallel timing
to Hitlers War Machine being shown with absolute dedication of twelve year Olds that have no sence of anything except of dedication to what they were taught as children .This dedication is very similar to American Jews dedication to Israel where any cost ,any or price shall be paid by Americans as long as Israel benefits even in a very small way.Goodstein slobbers at the mouth parsing words like the Madman Goebbles ,who he must have studied ..They ran these two shows at the same time without realizing how identical they were.I suspect they thought showing the WAR would benefit them ,but instead it was incredibly alike with what a MAD DEDICATION to a Country that is about to commit suicide and dont care who also goes down with them..The penalty for criticism by anybody who questioned their tactics would be visited upon their relatives and would suffer financially if they dont toe the line. Its identical to Hitlers tactics. It wouldent surprise me to see Tucker lose his job..He was simply questioning why Goodstein wanted the US to go to WAR with RUSSIA ..and Goodstein refused to listen to any rational warnings about what that really would mean, Goodstein in his madness wouldent hear of it ,he acted like a German 12 year old in 1945 dedicated to madness ,identical to Hitlers madness at the END…
The similarity was uncanny and disturbing to watch history repeat from the opposite side..viewing at the same time ……
commish @ 19:40
that’s a good one from Pieczenik, thanks
@ Elliot – a question – the Pentagon
Hi Elliot,
I am not trying to Monkey Pile on you here, but please remember you brought up the subject.
I would like in the worst way to believe that 911 is just as the media sells it. But the problem for me, even as I watched it happen live, is that it doesn’t pass the “smell test” in so many ways.
One of those for me is the Pentagon. I have trouble imagining that the Pentagon did not foresee such an attack. Tom Clancy sure did.
Where were their defenses? Surely, at least, they had every square inch under CCTV coverage. All we got to see was some grainy pics from a parking lot or somewhere.
I would be interested in hearing your thoughts on that.
I wonder how the scum force these schmucks to stay quite about the real Rig ???
Do they just tell them they are dead, if they don’t take the rap and keep quite ???
Gold Manipulation, Spoofing Futures And Banging Fixes: Same Banks, Same Trading Desks
Elliot 19:29
The interior steel core was not in any way affected by the pancake collapse of concrete floors. It was completely independent of them. At most, the elevator banks and stairwells could have collapsed but, the core steel column would still stand… free of them. Remember the rectangle dimensions that I gave you….133 feet x 87 feet [x2] ? That is open space all the way up to the 110 floor for the elevator banks and stair wells. The stairwells had minimal cosmetic ceilings. So, here we had a massive, thick steel structure essentially free from floor weight. Try again Elliot or if you prefer keep on chuck a lugging with your kool aid denial. Reality is a bitch… it might even crash your world down.
Elliott @ 17:04 Re Trump and The Powers That Be
Some things to think about. The same PTB that hate Trump gave him TONS of media time during and after the campaign. They also gave Hillary TONS of negative coverage. Briefly, there is always a group involved ahead of time. Meetings discussions etc. There was even a “group” of like minded people around Hitler, who LOVED they way he talked. So they chose him to do all the talking and run for office to get the most the votes for the group.
Nobody knows exactly how the situation unfolded, but I’m thinking the original “group” of PTB during Obama had already started after the ’08 crash to replenish the US economy out of necessity.
If anyone remembers, everything started reversing, starting with “no more looking the other way,” where or when the public and or waste of taxpayer money are getting screwed. Madoff for starters. Also the news was “Obama throwing Israel under the bus” and “Obama” is cutting back on the Military”. Also very slight improvements for the economy re trade. A few corporations came here, Michelin tires and an Airbus was built in Ala.
Evidently, the whole group changed its plan, or PART of the group spun off and said, “screw that original plan. It was progressing too slow, and the economy might tank.” “Plus we LIKE Israel, and we LOVE the military.” “We can’t go on trying to save taxpayer dollars anymore” “We have nothing to lose” “We need to do what we always did. Increase the national debt first”
Plus all the other things we see re trade taxes etc. I say they are going for double or nothing, hoping the economy will get better fast and pay down the debt before the next crisis. This was a very brief explanation.
With the big drop in the VIX today and this panic into the FANG stocks, I’m going back to looking for short plays again-I thought stocks were off to the races.
Netflix just reported. Their stock soared and is a few bucks from an all-time high. The company has negative cash flow, a forecast of negative cash flow for the foreseeable future, an escalation in debt and revenue that implies the firm will never have positive cash flow and, to break that the company would have to expand subscribers (without spending a single additional dollar) by something like a factor of five, quadruple the subscription price (!) or some blend of the two — all without having to spend even more on content. They have an alleged “enterprise value” (market cap) of some three hundred times EBIDTA and are carrying roughly three times as much debt off their balance sheet as reported on it. This is true even with the insane cross-subsidy they forced ISPs to collect from non-customers during the Obama years — and which persists to this day in the United States.*********************************
Elliot – Thanks for the quick response
Good deal. Glad to hear you believe in pm manipulation, so there is some common ground.
So, if the gov’t and by extension Wall Street, lies to us about free and fair markets – which pm’s are obviously not free, and I expect not just pm’s but now all markets.
Why would the Gov’t tell us the truth about anything else?
You stated earlier that we (the US ) were the leaders of the free world, therefore we had the right to remove “dictators” and “tyrants” at will. Are we truly free? I’m a slave to the US Gov’t thru taxation – I work at least 5 months a year for them. I don’t feel free. The US Gov’t IMHO is tyrannical. We here in the US have the illusion of “freedom”. Try not paying your taxes that go to pay for foreign wars to see if we are truly free. Who will we allow to remove our tyrants?
Well Elliot
I’ll give you this – you stirred up the pot and got a good debate going here at the tent. Kudos
Gotta love the folks that buy everything Good Ol’ Uncle Sam is selling!
I do have a question since we’re turning our focus to pm’s – are pm’s manipulated or is that just another tin foil hat conspiracy theory?
Elliot @ 16:05
No Elliot, you lack credibility regarding your kool aid acceptance of the Trade Towers collapse. Remember that I told you that I watched those towers being built? The inner core steel column was immense …133feet by 87 feet. [ x2] That is of 6 inch thick steel pounded deep into the bedrock and extending 110 stories to the roof. It was completely independent of the trade towers structure and design. So the floors and exterior could completely collapse and it would have no effect on this massive steel core. A massive fuel driven fire might buckle it a bit near point of impact but, that steel column would easily survive. The purpose of that core steel was to independently support the elevator banks and the stairwells for 110 stories. The only way to bring it down would be to cut it into pieces. Yet, poof! it’s gone…who is kidding who?
Mark Mobius says there’s a 30% correction coming for U.S. stocks
part:
“I can see a 30% drop,” said Mobius, who launched one of the world’s first emerging market funds. “When consumer confidence is at an all time high, as it is in the U.S., that is not a good sign.
“The market looks to me to be waiting for a trigger that will cause it to tumble. You can’t predict what that event might be — perhaps a natural disaster or war with North Korea.”
Mobius, who predicted the start of the bull market in 2009, has concerns that any fall would be amplified by the increasing use of exchange traded funds, which account for nearly one-half of all trading in U.S. stocks. His fear is ETFs would trigger further drops once markets fall.
Re Trump “he is not owned by anyone”
How do we know he was not recruited and unleashed by TPTB, because their old system was failing. And Trump predicted it long ago. And also mentioned he would run for president if it got important to do so.
TPTB knew his rhetoric, and probably knew he was right back in the late ’80s. But wanted to keep their system (of spreading US wealth) going a little longer. He’s the perfect spokesperson for reversing the past. No scripts needed. Its all in his head.
Me, Ross Perot, and George Carlin were the original Trumps. 🙂
Everything We “Know” Was Taught, or Told To Us By “Their” Media
I find it hard to believe anything they say. And or their “films” of alleged evidence.