tag:blogger.com,1999:blog-3034901630224544639.post8158359979361875211..comments2024-02-23T05:16:46.265-05:00Comments on Along The Watchtower: Looking For SupportTurd Fergusonhttp://www.blogger.com/profile/03393759110641882003noreply@blogger.comBlogger206125tag:blogger.com,1999:blog-3034901630224544639.post-58202189233896757912011-03-13T11:54:34.768-04:002011-03-13T11:54:34.768-04:00Waiting to see turd's plan. Took a beating on ...Waiting to see turd's plan. Took a beating on my march options last week. Plan is to drop out Tuesday and take any losses that maybe there.<br /><br />I look at this as tuition. :) <br /><br />Brand new and hopefully my coming weeks will be better.<br /><br />I work rebuilding nuclear reactors so this sucks for my future. People are saying they will sell uranium stocks. But these reactors will have to be repaired and will need uranium. So will these stocks get oversold?<br />I'm out of them but just wondering. Long term though I could see alot of new projects on hold.averagejoehttps://www.blogger.com/profile/12017762924234008240noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-4033264927587040652011-03-10T18:48:25.071-05:002011-03-10T18:48:25.071-05:00To all American Citizens who own gold and silver. ...To all American Citizens who own gold and silver. We the government ,as you know ,are broke. <br /><br />The dollar has collapsed and we need to start a "New" currency system to bring about price stability. <br /><br />To make this "New" system a Great success we need to back the new currency with Gold and Silver, and WE are alittle short of the amount required to make this happen.<br /><br />So we need All Patriotic American Citizens to Voluntarily turn in your Gold and Silver. <br /><br />As a token of The United States profound appreciation......we will compensate you with our "New" currency at $$$ per ounce of Gold and $$$ per ounce of Silver. TAX FREE!!!<br /><br />After 60-days we will no longer be able to take in your gold and silver TAX FREE. Please see the time table and increasing tax rates below.<br /><br />61- 80 days 20% Tax<br />81-100 days 40% Tax<br />101- 120 days 60% Tax<br />121 - 140 days 80% Tax<br />140 Days and beyond citizens turning in their gold and silver will be taxed at a maximum rate of 90%.<br /><br />We feel that there will be HUGE support for this plan since 95% of Americans have no fkn clue as to what the hell has happened to our "Old" money.<br /><br />Please do your part to make this a great "New" start to a greater America.<br /><br />Sincerely,<br /><br />The Same old Pricks that brought you the "Old" system. Have a great day!<br /><br />My view of the future.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-83536924755219778162011-03-10T17:24:58.550-05:002011-03-10T17:24:58.550-05:00George Edward Washington said...
TF, they can'...George Edward Washington said...<br /><br />TF, they can't stop QE, but I believe there is room for a gap in it. April & June are the two largest and closest together peaks in treasury receipts. Combine that with some "wink wink" buying by the TBTF folks and other insiders and voila, you've got the recipe for a successful (meaning crush equities, bonds and commodities) gap in QE, thereby proving we need... wait for it... more QE as the solution.<br /><br />If this happens I will be B'ing that FD big time.<br /><br />...........<br />George, the IPO season goes until May or so. A crushing dip just after that would suit all of the Elite:<br /><br />Banksters get IPO fees.<br /><br />Banksters go short.<br /><br />Fed talks about a future with no QE. Market falls.<br /><br />Banksters cover.<br /><br />Fed gets MSM support for more QE.<br /><br />Banksters go long.<br /><br />Fed talks about QE and why we need more.<br /><br />Markets go up.sumohttps://www.blogger.com/profile/16490367189677374605noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-26213405365659567772011-03-10T17:21:15.136-05:002011-03-10T17:21:15.136-05:00This comment has been removed by the author.sumohttps://www.blogger.com/profile/16490367189677374605noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-246671168171017712011-03-10T13:39:17.236-05:002011-03-10T13:39:17.236-05:00AP...
Saudi police firing on citizensAP...<br />Saudi police firing on citizensVincenthttps://www.blogger.com/profile/09352119465471320546noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-28257389119603705682011-03-10T13:39:07.810-05:002011-03-10T13:39:07.810-05:00Long time lurker here, just trying to figure out t...Long time lurker here, just trying to figure out this posting thing -- apologies if I screw it up. Somebody asked on the previous thread about why JPM would put on 6000 new shorts here. I think I got this from Harvey's site..... They pretty much had to. If I understood right, there were 6000 shorts held by other institutions who had had enough pain and wanted out. Their only two choices were to bid up the price to acquire enough to cover their shorts or find a buyer for those shorts. Since covering that many shorts would have driven up the price a lot -- which was certainly not in their interest, nor JPM's, they found a buyer in JPM. That doesn't necessarily mean JPM *wanted* them, just that it was the better of the two alternatives.<br /><br /> that is what I thought he said anyway..... May not be right, but it does make sense.Unknownhttps://www.blogger.com/profile/04818588935516788971noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-10905010184478759592011-03-10T13:21:29.518-05:002011-03-10T13:21:29.518-05:00I have been here since day 1 but this is my first ...I have been here since day 1 but this is my first comment. I was inspired by sushi's poem above, and thought some of you might enjoy this song by the brilliant Steve Albini of Shellac. I also think the short guitar solo at the very end perfectly expresses how most of us are feeling today.<br /><br />http://www.youtube.com/watch?v=7qfHkgaoNnk<br /><br />Copper<br /><br />Copper, let us take you to a furnace where we'll break you, <br />fire's so big and Pretty, you could cry, <br />As a buckle, you could ask me what was wrong with me before - <br />Did I need the silver to be suitable? <br />Copper, I have a use for you, it's easy work and it suits you, <br />Dazzled dirty beauty, you must know <br />Copper is a conductor and makes for decent cooking, <br />Dazzled by your beauty still, you know, <br />Plated or anodized, you even fool a layman's eyes, <br />Presentable though you might be, it's unwise to try to fight me. <br />Copper - you'll never be gold.Unknownhttps://www.blogger.com/profile/16027585940153958646noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-23801815626260708942011-03-10T13:15:48.445-05:002011-03-10T13:15:48.445-05:00Turd,
I'm looking to pick up a junior minor or...Turd,<br />I'm looking to pick up a junior minor or two. I tried looking back to other posts to find your favorites but couldn't find anything. Care to enlighten us again?<br />Thanks!Unknownhttps://www.blogger.com/profile/00054646362906818680noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-54376157284293997052011-03-10T13:13:11.325-05:002011-03-10T13:13:11.325-05:00"Turd Ferguson said...
PLEASE ignore any foo..."Turd Ferguson said... <br />PLEASE ignore any fool who claims that QE3 is postponed or cancelled. You have to be a completely braindead fool or a worthless Keynesian shill to believe this.<br />If the FED is 73% of the treasury market, THEY CAN NOT QUIT! The US is running a $1.5T deficit again this year. From where will the $$$ come if not by QE.<br />PLEASE I BEG YOU, IGNORE THIS NONSENSE!!!"<br /><br />I'm beginning to like this guy ;).Markushttps://www.blogger.com/profile/05841477708608109602noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-5862640499299941342011-03-10T12:57:21.902-05:002011-03-10T12:57:21.902-05:00xtybacq -
Best time to plant an oak tree post is...xtybacq - <br /><br />Best time to plant an oak tree post is about 3 hours on this man's blog before you planted yours at 8:16. Are we brothers?<br /><br />No worries, just a little elbow to ya. It's a good quote no matter how often it appears. :-)Larryhttps://www.blogger.com/profile/12820258639423060074noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-53436624687568853912011-03-10T12:52:05.912-05:002011-03-10T12:52:05.912-05:00Housing Math,
Adrian Douglas of GATA did such ana...Housing Math,<br /><br />Adrian Douglas of GATA did such analysis of Ag vs. Au. The correlation = 1<br /> <br />I second BoP, go do your homework first, then we can talk.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-46044062499302752232011-03-10T12:50:48.498-05:002011-03-10T12:50:48.498-05:00@ Ginger you said ...
..I don't own any of th...@ Ginger you said ...<br /><br />..I don't own any of these except for GGIFF but all of these are showing gains today. Hmmm...<br /><br />PGXPF, GGIFF, DROOY, KMKGF, UURAF <br /><br />March 10, 2011 8:13 AM <br /><br />learning to read charts will go a long way toward the interpretation of the moves to the positive in your list of stocks ... it won't tell you 100% of what is going on but at a glance you would get an understandingChin Musichttps://www.blogger.com/profile/09961839257953865213noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-15227137454856178012011-03-10T12:50:34.381-05:002011-03-10T12:50:34.381-05:00New thread. Please read.New thread. Please read.Turd Fergusonhttps://www.blogger.com/profile/03393759110641882003noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-87148674980585497972011-03-10T12:47:34.185-05:002011-03-10T12:47:34.185-05:00Remember when the EE knocked down silver $1.50 not...Remember when the EE knocked down silver $1.50 not so long ago? We're getting really close to that number right now. Also, haven't been to gainesville website lately and holy crap, premiums are between $3 and $4 depending on maple or SE. Maybe I'll settle with the Philharmonics this time around.thecoloredskyhttps://www.blogger.com/profile/00213807666182086168noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-8499534616555943872011-03-10T12:44:57.253-05:002011-03-10T12:44:57.253-05:00Afrum
I deeply appreciate your comments. Reading y...Afrum<br />I deeply appreciate your comments. Reading your comments is very educational for someone like me who try to learn as much as possible before turning into professional trader. I have a question though. I understand the effect of FOMC pretty well, but I don’t understand the meaning and effect of “OEX week”. Could you shed more lights on this please? Thanks in advance.FreeBoundaryhttps://www.blogger.com/profile/00060443774178759523noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-19753043688321977422011-03-10T12:44:45.682-05:002011-03-10T12:44:45.682-05:00Gainesville-APMEX ie.- Anyone notice that Monster ...Gainesville-APMEX ie.- Anyone notice that Monster Boxes and Eagle rolls won't ship until March 25th WTF?<br /><br />ACAC_Doctorhttps://www.blogger.com/profile/14890714199305574269noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-39798903243781913632011-03-10T12:42:49.587-05:002011-03-10T12:42:49.587-05:00lots of emotion going on today. I think Thursday m...lots of emotion going on today. I think Thursday momentum often carries over into Friday and Silver has been very high but what do I know? I will start buying Friday afternoon probably but only in increments. <br /><br />As far as all this talk about JPM failing, I would have to doubt that seriously. They love Gold. They have huge contracts long and short in every commodity known to man. If the Bernank suddenly marks to market their derivative junk, 90% of all banks in America would fail by morning and there would be 150 million Americans with guns in the streets. Please.... They ain't failing and if anything, Blythe will be kicked upstairs to a higher paying job than the one she has now. She knows too much. Thats how mafias work. And if their silver short goes bust, no big deal. The FED will recapitalize them. They will not default. That's a joke.rthaler71https://www.blogger.com/profile/03227298271202513472noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-70694090085188131202011-03-10T12:40:16.937-05:002011-03-10T12:40:16.937-05:00I, for one, would be interested in seeing some sor...I, for one, would be interested in seeing some sort of regression analysis of the price action in silver vs. a "non-manipulated" asset that is also appreciating in price to a similar extent. The manipulation could be teased out of the intraday prices and volumes, right?housing mathhttps://www.blogger.com/profile/01179942638675638656noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-29139746538210367522011-03-10T12:38:50.432-05:002011-03-10T12:38:50.432-05:00Pick52,
try http://www.goldshark.com/ for bul...Pick52,<br /><br /> try http://www.goldshark.com/ for bullion.<br /> Compares many dealer prices.<br /> I've had good pricing from Ampex and gainsville.<br /><br /> March 10, 2011 9:35 AMSaltyhttps://www.blogger.com/profile/01006832351516267356noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-28612593740381942852011-03-10T12:38:12.537-05:002011-03-10T12:38:12.537-05:00Eric, well said.
Many people, myself included, ha...Eric, well said. <br />Many people, myself included, have a need for "confirmation bias".<br /><br /> http://en.wikipedia.org/wiki/Confirmation_biasDarth Smokerhttps://www.blogger.com/profile/04656621355883742885noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-26917186087811191912011-03-10T12:31:51.217-05:002011-03-10T12:31:51.217-05:00BTW
I support Housing Math's right to put an a...BTW<br />I support Housing Math's right to put an alternate view out there. Are we all really here to just have a big circle jerk where we all agree with each other? Nobody learns anything or takes a good hard look at their basic assumptions that way. Lighten up people!Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-89273760612048483972011-03-10T12:31:15.747-05:002011-03-10T12:31:15.747-05:00Housing Math - I am not dismissing you, I disagree...Housing Math - I am not dismissing you, I disagree with you. Turd's analysis, which you called impeccable, has frequently relied on correct assumptions about large sellers dumping into the market at times he could predict - that is manipulation and it helped me and others time buys and sells. The manipulation has not failed and this market is not functional. Yes silver has gone up very quickly, but given that its 'true' value is much higher that is (almost) irrelevant. Corrections happen but so does manipulation. If you do not think this market is manipulated you might need to find a different place to discuss silver pricing. But if you would like to try to prove to me that the market is not manipulated, bring on the info.Xtyhttps://www.blogger.com/profile/03938631207181740423noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-36232389890258077672011-03-10T12:28:06.767-05:002011-03-10T12:28:06.767-05:00Eric: re--throwing in the towel
It rains a very l...Eric: re--throwing in the towel<br /><br />It rains a very long time before the dam breaks. The levee be leaking, and the town folk should flee!jake the snakehttps://www.blogger.com/profile/02472541600848206116noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-23869421494559188292011-03-10T12:27:20.111-05:002011-03-10T12:27:20.111-05:00We also have a HUGE drop on the Dow Jones Index to...We also have a HUGE drop on the Dow Jones Index today... could this not also be affecting PMs? <br /><br />I agree, fundamentals have not changed.<br />Also remember, the higher we go on this parabolic curve, the price beings to rise exponentially faster, and the mini "swings" can be more dramatic.<br /><br />Anyone know why the DJI drop? <br />Seems like the prospect of no QE3 has spooked a lot on investors.<br /><br />- The JeepsterAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-55681318961479266192011-03-10T12:24:13.639-05:002011-03-10T12:24:13.639-05:00Just had to cut in here for a second guys before I...Just had to cut in here for a second guys before I go back to checking another tax return.<br /><br />Save_America1st<br /><br />LOL I know what you mean. Last time I was in a coin shop trying to do a serious deal, with serious money, there were like 5 people in front of me bringing in junk silver, earrings, penny books, the whole nine yards. I was going insane.<br /><br /><br />Economic Report<br /><br />At my CPA firm we do a tremendous amount of work for all the local real estate wheeler dealers. They all thought they were pretty smart 5 years ago. Anyway, I was talking to one of our people who is very much involved in all those tax returns and she mentioned that she is swamped with some real nightmare returns this year, from clients who are going into receivership, bankruptcy, etc. I commented that I was surprised that I hadn't seen more of that on the 2009 returns, but she said the rubber is really hitting the road now. In 2009, everybody was hanging on by a fingernail, extending, pretending, but that in 2010 they just hit the wall,the loans couldn't be paid or refinanced anymore, and they just had to bite the bullet and go under.<br /><br />Put that in your macroeconomic magic eightball and go from there.Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.com