JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
"If the long contract holders think there is a massive shortage of physical silver, why don't they just force the sellers to deliver the physical and create their own squeeze?"
Because it is a lot easier to simply sell the option and make some quick cash than to try to actually get delivery and pay for it. ALSO, some have done this, and they were given higher dollar amounts of cash in lieu of physical silver
Gold Has Broken Technically And The Selling Will Be Scary [View article]
I think you are missing the inverse dollar relationship with gold...
The dollar is "going up" because when you sell stock, you get dollars, thereby putting dollars in "demand". That will not continue.
It is also "going up" because other fiat currencies are worth even less - it is measured against a basket of currencies and many of them are in trouble. The race to the bottom might continue: devaluation of unbacked currencies is the best way for many countries, including the US, to manage their debt.
This is similar to my first thought beyond the fact that the chart tells us nothing of future results... Silver is more volatile too - it is both monetary AND industrial - AND it's value ratio to gold is WAY lower than most times in history.
This metal feels the devaluation of dollars and has faced backwardation where supplies are short, so it has risen. Of course there will be corrections, but this is still a bull market for silver and gold. Buy the dips!
First, you aren't accounting for all the changes to CPI calculations that have been made so that CPI is kept lower than actual inflation. Not just talking about food and energy, either.
So, M2 keeps growing, yet GDP does not, and the dollar is devalued against a basket of currencies, thereby diluting their worth; but in your opinion that devaluation of the dollar is not against gold, which is in more demand than the US dollar?
Plus an ounce of gold has bought roughly the same number of barrels of oil since 1970, when $3 bought a barrel of oil versus $100 a barrel price now... are you saying that oil has gone up with gold or can you admit that the dollar has gone DOWN in value against these commodities?
Superstitions, Myths, Folklore and Gold [View article]
You are right: Gold is not a currency - but that doesn't help your argument, since it is actually "hard money". Please look up the difference if you are reading this article (or wrote it) and aren't sure what this means.
Real Money cannot be counterfeited, unlike fiat dollars which are printed with backing by the United States labor pool and future promises. If you think our government is going to do something to STOP devaluing the US dollar, after considering that is the ONLY way it will be able to pay down the debt, then you go ahead and save your fiat currency. I'll hold my gold ounces until the currency printing press has been turned off. QE3 (aka Fed buyback of treasuries to "stave off deflation" and keep the rates low lol) is right around the corner.
Precious metals dive in wake of optimism over a possible debt deal, silver falling more than 2.5% in the minutes following President Obama's comments. It makes Cullen Roche want to bang his head against a wall. "Did people really buy silver thinking that the U.S. would go bankrupt?" SLV -2.9%, GLD -1.4%. [View news story]
IT will be interesting to see where the S&P U.S. credit downgrade is going to take us...
The Buzz Around Gold is Growing Louder [View article]
Raising the debt while there is a debt crisis means that the Federal Reserve notes are going to be devalued further, and since gold price is measured in dollars, it inflates at a similar rate to dollar devaluation.
Silver will be back to the bulls once we see how far the CME margin hikes set it back. The bears like to ignore that there were 5 hikes in 8 days! That's an 84% increase in margin by the market makers to prevent speculation. Ok, so now that the speculators have been chased away the big shorts can cover some of their failures. (sarcasm)I'm sure none of CME's friends at JP Morgan were privy to this move before it happened (/sarcasm)
If you haven't been watching the short manipulation unfold, you might overlook it. The Fed NEEDS silver to be priced lower so that people will buy those fiat dollars whose worth is declining. Of course silver was due for a correction, but it still has some fight in it. Hard money FTW.
Did the Silver Bubble Just Go 'Pop'? [View article]
50% more - what are you talking about sheik?
If silver goes to $100 it will still be less than the $50 high in 1979-80. Use any inflation calculator and you can see that $50 in 1980 is closer to $140 than $100 (even before QE3)
Did the Silver Bubble Just Go 'Pop'? [View article]
Cullen Roche - your article is fail. The money manipulators sent silver sinking as soon as it hit the New York exchange, but it is back up above $47 now. Demand is still VERY much alive and the dollar is seeing new two year lows.
JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
Because it is a lot easier to simply sell the option and make some quick cash than to try to actually get delivery and pay for it. ALSO, some have done this, and they were given higher dollar amounts of cash in lieu of physical silver
Gold Is Done ... For Now [View article]
Gold Has Broken Technically And The Selling Will Be Scary [View article]
The dollar is "going up" because when you sell stock, you get dollars, thereby putting dollars in "demand". That will not continue.
It is also "going up" because other fiat currencies are worth even less - it is measured against a basket of currencies and many of them are in trouble. The race to the bottom might continue: devaluation of unbacked currencies is the best way for many countries, including the US, to manage their debt.
Gold Has Broken Technically And The Selling Will Be Scary [View article]
Whiteowl is goading you since gold is not going down, and the sarcastic part was that you would actually lose money by shorting gold.
Germany And Portugal: 2 Extremes And A Glimpse Of Tax Addiction [View article]
... and prepared foods have an even higher tax rate of over 9%
Not sure why North Carolina didn't make your list?
These taxes have been around since well before 2010.
Silver Will Underperform [View article]
This metal feels the devaluation of dollars and has faced backwardation where supplies are short, so it has risen. Of course there will be corrections, but this is still a bull market for silver and gold. Buy the dips!
Gold Prices and U.S. Inflation [View article]
Not just talking about food and energy, either.
So, M2 keeps growing, yet GDP does not, and the dollar is devalued against a basket of currencies, thereby diluting their worth; but in your opinion that devaluation of the dollar is not against gold, which is in more demand than the US dollar?
Plus an ounce of gold has bought roughly the same number of barrels of oil since 1970, when $3 bought a barrel of oil versus $100 a barrel price now... are you saying that oil has gone up with gold or can you admit that the dollar has gone DOWN in value against these commodities?
Superstitions, Myths, Folklore and Gold [View article]
Please look up the difference if you are reading this article (or wrote it) and aren't sure what this means.
Real Money cannot be counterfeited, unlike fiat dollars which are printed with backing by the United States labor pool and future promises. If you think our government is going to do something to STOP devaluing the US dollar, after considering that is the ONLY way it will be able to pay down the debt, then you go ahead and save your fiat currency. I'll hold my gold ounces until the currency printing press has been turned off. QE3 (aka Fed buyback of treasuries to "stave off deflation" and keep the rates low lol) is right around the corner.
Precious metals dive in wake of optimism over a possible debt deal, silver falling more than 2.5% in the minutes following President Obama's comments. It makes Cullen Roche want to bang his head against a wall. "Did people really buy silver thinking that the U.S. would go bankrupt?" SLV -2.9%, GLD -1.4%. [View news story]
The Buzz Around Gold is Growing Louder [View article]
Why I'm Holding My Silver Shorts [View article]
(sarcasm)I'm sure none of CME's friends at JP Morgan were privy to this move before it happened (/sarcasm)
If you haven't been watching the short manipulation unfold, you might overlook it. The Fed NEEDS silver to be priced lower so that people will buy those fiat dollars whose worth is declining. Of course silver was due for a correction, but it still has some fight in it. Hard money FTW.
Did the Silver Bubble Just Go 'Pop'? [View article]
If silver goes to $100 it will still be less than the $50 high in 1979-80. Use any inflation calculator and you can see that $50 in 1980 is closer to $140 than $100 (even before QE3)
Did the Silver Bubble Just Go 'Pop'? [View article]
CytoSorb is a Novel Application of Tried and True Technology [View instapost]
The Impending Collapse of the Gold Bubble Part 2 [View article]
This is what causes inflation/devaluation of currency and why REAL money is going through the roof, when priced in dollars.
QE3?
www.federalreserve.gov...
Just keep scrolling, it only gets bigger. Buy silver.