tag:blogger.com,1999:blog-3034901630224544639.post6619121322125455493..comments2024-02-23T05:16:46.265-05:00Comments on Along The Watchtower: Step One CompleteTurd Fergusonhttp://www.blogger.com/profile/03393759110641882003noreply@blogger.comBlogger67125tag:blogger.com,1999:blog-3034901630224544639.post-90492043755770451672011-01-25T23:17:39.278-05:002011-01-25T23:17:39.278-05:00Carlos,
I'm not too sure about AGQ. But I'...Carlos,<br /><br />I'm not too sure about AGQ. But I'm guessting that it's just another type of paper metal. Likely just an entitlement for the future. If the future price is sky high, then it's unlikely they'll be able to deliver it. For that one check the prospectus to see what an owner is entitled to.A Storytellerhttps://www.blogger.com/profile/06522118029239779053noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-61690990431151374752011-01-25T22:27:39.692-05:002011-01-25T22:27:39.692-05:00Great post. Your blog is one of the few that I ac...Great post. Your blog is one of the few that I actually stick around to read all the comments too, keep 'em coming! <br /><br />I also have to recommend gainesvillecoins.com to the person who asked. Best internet prices around w/shipping and it has never taken me longer than 3 business days to receive orders. Also, use "NIAUS" as a promo code and you'll get $5 off your total.ColoradoGuyhttps://www.blogger.com/profile/08474203298682076868noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-82739648078950778722011-01-25T21:56:10.994-05:002011-01-25T21:56:10.994-05:00www.gainesvillecoins.com Looks like really good p...www.gainesvillecoins.com Looks like really good prices to meSave_America1sthttps://www.blogger.com/profile/17790723402594838033noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-30838322519648539362011-01-25T21:26:05.028-05:002011-01-25T21:26:05.028-05:00I love you all! Great stuff.I love you all! Great stuff.Turd Fergusonhttps://www.blogger.com/profile/03393759110641882003noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-61329952323114543432011-01-25T21:24:42.333-05:002011-01-25T21:24:42.333-05:00I deal with CMI Gold and Silver....they are into p...I deal with CMI Gold and Silver....they are into privacy, bigtime, right down to the shipping box having the name of a "company" on the box that isn't theirs.<br /><br />They have an EXCELLENT education section. <br /><br />And yes, the guy who runs CMI is on with Eric King for the metals wrapup every Friday.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-47410569950594586982011-01-25T21:17:55.496-05:002011-01-25T21:17:55.496-05:00Turd I think if you have a fault is expecting this...Turd I think if you have a fault is expecting this to be logical and make sense. You and Blythe are at a poker table and she's bluffed you off J10 and a pair of queens. She's not doing it just to you but to all of us. She's the "big stack". It's not that Blythe's hand is so good. It's that we are not sure our hand is better. So we will grab the small pots and keep moving up. Plus watch how the dealer shuffles the deck. Sorry for the poker metaphor but it's not just chips(money/FRN) It's people as well.Adventures in Self Reliancehttps://www.blogger.com/profile/11992613362743785392noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-7149461499300634822011-01-25T21:16:31.671-05:002011-01-25T21:16:31.671-05:00Buy treasuries, gold down 20%, s&p down 10%, c...Buy treasuries, gold down 20%, s&p down 10%, china down 20-30%... Kinda crazy.<br /><br />http://www.zerohedge.com/article/marc-fabers-most-provocative-interview-ever-compares-obama-prostitute-goes-long-treasurysflaunthttps://www.blogger.com/profile/16131258898695819788noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-39074044162860151432011-01-25T21:13:34.918-05:002011-01-25T21:13:34.918-05:00timpa
I'm seeing 29.50 on silverstampede. Sur...timpa<br />I'm seeing 29.50 on silverstampede. Sure it's $2.50 over but also consider as I said that includes shipping and there's no surcharge for credit cards. Most other online places will nick you an extra 3% for a credit card. To me that puts it in the ballpark of competitive and worthy of consideration. Otherwise all I was vouching for was that I have in fact used them, and was happy with the transaction. I had my silver in like 3 days.<br /><br />If I recall correctly, one early morning last year I saw a big pop in spot silver, like a buck or something, so I quick went over to silverstampede and saw that he hadn't updated his prices yet, so I grabbed some, at what at that moment was most definately competitive.<br /><br />My sneaky bad ;)Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-89967915820079108972011-01-25T21:02:35.607-05:002011-01-25T21:02:35.607-05:00whoa and hold the fort...silver stampede want $33 ...whoa and hold the fort...silver stampede want $33 for generic rounds...that's $6.00 over spot...I don't think so Eric when you can buy at $1.50 to $2.00 over...watch the advice you give folks on this blog as $6.00 over is INSANE...try JD Mint...timpahttps://www.blogger.com/profile/02217846654355115314noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-47101431733614101162011-01-25T20:50:20.883-05:002011-01-25T20:50:20.883-05:00The Shit is going down in Egypt. Check out ZH or ...The Shit is going down in Egypt. Check out ZH or Raw Story for links.Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-81733041115649025672011-01-25T20:48:00.966-05:002011-01-25T20:48:00.966-05:00Heck of a post by Harvey tonight Turd. He's u...Heck of a post by Harvey tonight Turd. He's usually pretty tame with his comments, but tonight he called out there will be a comex default and collapse of several banking institutions. What do you think or are you still digesting it all?JimmyTheHandhttps://www.blogger.com/profile/10453649357423983965noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-88933913436170923702011-01-25T20:39:09.386-05:002011-01-25T20:39:09.386-05:00Yes, the Marc Faber interview posted over at ZH is...Yes, the Marc Faber interview posted over at ZH is awesome. Nothing like telling it like it is.<br /><br />Be advised though, he likes gold but feels it could be in for a 20% correction. My abacus says 1430 minus 20% is 1144. Ouch.Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-20554966137850724702011-01-25T20:25:38.674-05:002011-01-25T20:25:38.674-05:00Hi all,
I'm still very confused on options t...Hi all, <br /><br />I'm still very confused on options trading, and would be much appreciative of a bit of advice if anyone is willing to help. <br /><br />The only way I can find of trading options is through a CFD platform. This claims to be the same as trading options proper, except they are all cash settled and no delivery. This suits me just fine, but:<br /><br />The good Turd has referenced some OOM calls he is interested a few times (TF: a search button on your blog would be very handy!), I think maybe Gold 1600 April calls. These were going for $160 bucks a piece, which is what they cost on my CFD platform. Turd then talks about them being worth roughly $17k dollars if the price is hit. That sounds lovely, and well worth the risk as far as I can tell. Only my trading account is telling me that I only <i>break even</i> when the price is hit (plus the piffling cost of the option), so I'm only making a profit if the price goes <i>over</i> 1600, and then only on every pip over that. Is this correct? If so, I can't figure out where Turd is getting his profit figures from! Any help here would be appreciated, as I think time may be running out on getting some of these!<br /><br />My trading account tells me that I can't 'sell' options. Is this something to do with it? Is the profit TF is measuring something to do with my not being able to take advantage of the higher option prices down the line or something? Or is this just a quirk of CFD options? Gah! I've been doing as much research as I can on this and simply can't find the answer, help!<br /><br />Oh, and if it's my stoopid CFD platform that's in the way here, can anyone recommend a good (UK) broker that can sell me some proper options?<br /><br />And Turd, my first paychecks from my new job are coming in the next week or so. I <i>promise</i> you're getting some silver your way soon. Best regards, FBVFiend's Brave Victimhttps://www.blogger.com/profile/17899540469822874225noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-31136692770948902982011-01-25T20:21:43.404-05:002011-01-25T20:21:43.404-05:00Hey Turd, looks like Harvery gives credence to the...Hey Turd, looks like Harvery gives credence to the Lady Wynters posts:<br /><br />"There have been rumours that certain hedge funds and sovereign wealth funds are willing to take possession of all gold and silver. In gold it is the February month and in silver it is March. If this is true, the game is over as there will be a default at the comex<br /><br />which will bring on defaults at the SLV and GLD, and then a default at the Bank of England, and then all the banking system in the USA. I will be watching this closely."<br /><br />I mean seriously, a default of the entire banking system in the USA -- pretty strong statement.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-71132756434751077802011-01-25T20:08:45.516-05:002011-01-25T20:08:45.516-05:00Some of you will enjoy this, from ZH
Earlier, Mar...Some of you will enjoy this, from ZH<br /><br />Earlier, Marc Faber appeared on Bloomberg TV, in what may go down in history as his most scandalous interview ever. When asked, in advance of the SOTU address, what he thinks of the president, Faber, who appears to have had enough with all the bullshit, propaganda, and lies, replies: "I think he's done a horrible job and I think that will continue, I think he is a dishonest person, and nothing has changed... Some politicians are more honest than others. I don't think that I have a very high regard for politicians, I have a high regard for businessmen and for people who work, and not for people who abuse the system continuously. And in comparison to other politicians, I think he came in on a platform as a president that would want to change the government in Washington, and actually he's made it worse... We foreigners, we just laugh at someone like Mr. Obama. I was very critical of Mr. Bush, but at least he had one line and he stuck to that line, and at least he set out to do a thing and he was relatively straight on the thing that he did. He may have been wrong, but at least he didn't change his mind continuously, and didn't prostitute himself."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-76924439521128110222011-01-25T20:07:19.743-05:002011-01-25T20:07:19.743-05:00Patiently awaiting Harveys take on the absolutely ...Patiently awaiting Harveys take on the absolutely crazy OI #s today...Turd Fergusonhttps://www.blogger.com/profile/03393759110641882003noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-72136091479979097542011-01-25T19:52:18.250-05:002011-01-25T19:52:18.250-05:00stocksman-
Not seeing a lot of other responses fo...stocksman-<br /><br />Not seeing a lot of other responses for you. Try these:<br /><br />golddealer.com<br />apmex.com<br />nwtmint.com<br />providentmetals.com<br />gainesvillecoins.comEric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-7212521817415312022011-01-25T19:49:28.175-05:002011-01-25T19:49:28.175-05:00Michelle, I feel your pain.
When I try to end a d...Michelle, I feel your pain.<br /><br />When I try to end a discussion with my girlfriend by saying "But Turd said" it does not quite have the finality I expect.<br /><br />I cannot understand why..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-57053672965531730792011-01-25T19:47:42.677-05:002011-01-25T19:47:42.677-05:00Thanks Earl,
What about AGQ since it owns silver ...Thanks Earl,<br /><br />What about AGQ since it owns silver contract futures ? Same thing ?Neohttps://www.blogger.com/profile/13018594796951003154noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-9155500095366835352011-01-25T19:47:05.126-05:002011-01-25T19:47:05.126-05:0068ShinyStuff...
yeah definitely, I just found out...68ShinyStuff...<br /><br />yeah definitely, I just found out last week that GVille Coins is actually about 5 miles up the road from me here in Tampa. <br />So tomorrow could be the day to buy if it goes back down around 26.50 to 26.65 right? It's bumped up a little bit right now over 27, but that isn't anything to worry about once tomorrow's market opens up huh? Aren't Wednesdays or tomorrow in particular some big news day that might cause the price to drop down further?Save_America1sthttps://www.blogger.com/profile/17790723402594838033noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-56467314299607920522011-01-25T19:44:43.340-05:002011-01-25T19:44:43.340-05:00Carlos.
SLV is paper silver. Compare this to a b...Carlos. <br /><br />SLV is paper silver. Compare this to a bank. You go to a bank and deposit your "silver". They give you an IOU note, and at the same time borrow your "silver" to other people and make a spread on the interest.<br /><br />If you go back to the bank the next day, and ask for your "silver" back, they don't have it, and that causes a default. <br /><br />The owners of SLV and GLD are unsecured creditors. When the default happens whatever "silver" they have in their bank will be distributed to all the people carrying pieces of paper. But there's a lot more people carrying pieces of paper then there are silver... So yes they lose their money. :)A Storytellerhttps://www.blogger.com/profile/06522118029239779053noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-68854524749166473832011-01-25T19:40:55.272-05:002011-01-25T19:40:55.272-05:00Vain.
1. There's always a price for silver. T...Vain.<br /><br />1. There's always a price for silver. The point is, at one moment the people who actually need silver for industrial purposes will demand it. If someone offered me $600 for an oz, it would be very hard to say no. The question is what is the price. <br /><br />2. When the comex busts, that's essentially when you get a run on the bank. Everyone who thinks they're holding silver (paper silver) will demand it, and this will drive the price of physical higher.A Storytellerhttps://www.blogger.com/profile/06522118029239779053noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-47473246322109867722011-01-25T19:34:02.344-05:002011-01-25T19:34:02.344-05:00Anyone else can answer my question please ?
"...Anyone else can answer my question please ?<br /><br />"I am new in these matters but i read Harvey Hogan´s post. What does he means whith default on SLV and GLD. What will happen to the owners of ETF´s SLV and AGQ´for example ? Will they lose their money ?<br /><br />Thanks. "Neohttps://www.blogger.com/profile/13018594796951003154noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-5890853036522029202011-01-25T19:32:03.840-05:002011-01-25T19:32:03.840-05:00stocksman--
More on how to pick a local shop.
I...stocksman--<br /><br />More on how to pick a local shop. <br />If the owner has plenty of gray hair, there's a lot of dusty old proof sets and other coin stuff in the case, and a stack of dusty old gray sheets in the corner, and they also deal in old pennies, nickels, etc, then that's the place for me. I like the guys who can tell stories about the wild times in his shop back in 1980. But then, I remember 1980 so I feel a kinship there.Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-51244093141273569102011-01-25T19:23:00.175-05:002011-01-25T19:23:00.175-05:00Vain Saints--
EE is Turdspeak for Evil Empire. A...Vain Saints--<br /><br />EE is Turdspeak for Evil Empire. Anybody got that link to Turd's Glossary?Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.com