Dharmaeye Posted February 19, 2011 Report Share Posted February 19, 2011 Suspect we see a top Feb 21 / Holiday. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted February 19, 2011 Report Share Posted February 19, 2011 ...Another report indicates that JPM may really be on the ropes with their short silver position and are attempting to hedge themselves by buying $1.5 billion worth of copper. According to the Telegraph, the bank has bought "between 50% and 80%" of the 350,000 tonnes in reserve at the London Metal Exchange. ZeroHedge opines that "JP Morgan is now intent on cornering the copper market, as the monopolist firm stretches its FRBNY-facilitated muscles in an attempt to stem the massive losses incurred via its silver short... sfgate.com Link to comment Share on other sites More sharing options...
Dharmaeye Posted February 20, 2011 Report Share Posted February 20, 2011 SILVER http://www.goldmoney.com/video/salinas-price-turk Link to comment Share on other sites More sharing options...
Private Skidmark Posted February 20, 2011 Report Share Posted February 20, 2011 dharma, one possible scenario that would correlate with what you have said you expect with respect to PMs over the next several months: No QE3 in response to various ills, i.e., high commodity/food prices and revolution across the globe, attributed in significant part to US monetary policy, tanking metals in a few months. Then QE3+ revived months later in response to the resulting implosion, resumption of metals bull with extreme force, at that point it being clear there is no alternative, that austerity is not possible. Link to comment Share on other sites More sharing options...
Ageka Posted February 20, 2011 Report Share Posted February 20, 2011 Suspect we see a top Feb 21 / Holiday. I agree And another top 20 trading days later Link to comment Share on other sites More sharing options...
dharma Posted February 21, 2011 Report Share Posted February 21, 2011 I agree And another top 20 trading days later yes, i have tomorrow as an astro day, either a short term top or acceleration. i see the top 30 days later. and i see a big contraction taking place w/a major top the end of march. then a larger correction skid- qe serves alot of purposes. inflate or die! dharma Link to comment Share on other sites More sharing options...
Ageka Posted February 21, 2011 Report Share Posted February 21, 2011 Since early november everything is out of whack I dumped all my dogs on ups and bought new miners on downs I now got all of them outperforming the HUI except for Aura Minerals which has not made up its mind yet I think we either stay in the trendchannel below about 1420 or we break to a new ath . Next 4 weeks will tell . I am 95% in, no margin, and all the shares I track are doing worse then the ones I have Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted February 21, 2011 Report Share Posted February 21, 2011 One of these days my silver mining plays might perform like spot silver or at least try to catch up. Can't really complain to much as they are moving in the right direction. If any of them have short term hedges on then they are going to wake up on the wrong side of the bed tomorrow. With this run up in silver, share price might give an indication if some silver miners placed the wrong bets on future production or didn't bet at all. Link to comment Share on other sites More sharing options...
DrStool Posted February 22, 2011 Report Share Posted February 22, 2011 $2000 Here We Come Link to comment Share on other sites More sharing options...
dharma Posted February 24, 2011 Report Share Posted February 24, 2011 eric sprott @ a conference 8min dharma Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted February 24, 2011 Report Share Posted February 24, 2011 Guessing but looks like gold and silver will take a back seat to oil as speculators pile in as they never let a serious crisis go to waste. Link to comment Share on other sites More sharing options...
dharma Posted February 25, 2011 Report Share Posted February 25, 2011 marc faber http://www.shtfplan.com/marc-faber/marc-faber-on-inflation-stock-markets-gold-real-estate-and-the-end-game_02222011 the gdxj has made what looks like an inverse h&s pattern on the hourly charts. we are just about finished w/this correction. the pullback did not give much ground. the shorts are going to be fighting for their lives. dharma Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted February 26, 2011 Report Share Posted February 26, 2011 Take a look at the Baltic Dry Index compared to rising commodity prices. Combined with housing prices, you can see why the double short bear funds were the big gainers Friday. Plenty of shale and sands oil available just will cost an arm and a leg to process it. Anyway looks like the regular markets are about to correct in the near future with the metals sector going down in sympathy or it wouldn't surprise me if it did. With the exchanges house being sold off, you can see the hub of activity is moving on, leaving the US to wallow in its own debt and manipulators going elsewhere to ply their trade. Going to eventually need another round of QE to forestall the inevitable or the end will come to swiftly in a violent uprising. Five $ gas will piss everyone off and kill what's left of the economy beside food costs. Link to comment Share on other sites More sharing options...
Charmin Posted February 27, 2011 Author Report Share Posted February 27, 2011 never let a serious crisis go to waste. Rules for Radicals Link to comment Share on other sites More sharing options...
Ageka Posted February 27, 2011 Report Share Posted February 27, 2011 Take a look at the Baltic Dry Index compared to rising commodity prices. Combined with housing prices, you can see why the double short bear funds were the big gainers Friday. Plenty of shale and sands oil available just will cost an arm and a leg to process it. Anyway looks like the regular markets are about to correct in the near future with the metals sector going down in sympathy or it wouldn't surprise me if it did. With the exchanges house being sold off, you can see the hub of activity is moving on, leaving the US to wallow in its own debt and manipulators going elsewhere to ply their trade. Going to eventually need another round of QE to forestall the inevitable or the end will come to swiftly in a violent uprising. Five $ gas will piss everyone off and kill what's left of the economy beside food costs. I got 8.3 $ gas right now And I have a dozen things worse then that ahead of the gas prise Water purchase price Used water tax Cost of HAVING a phone (like 60$ a month and I am not talking about using it ) Cost of Health insurance 1500 $ a year Cost of House insurance Cost of Car insurance 1533 $ and I am in the lowest category not having had an accident of my fault in more then 20 years Cost of heating the house Cost of taxes on the house Cost of bread and vegetables But above all government declared inflation 3.8% Reality 8-10% Got Gold ? Link to comment Share on other sites More sharing options...
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