tag:blogger.com,1999:blog-3034901630224544639.post8727542584746282407..comments2024-02-23T05:16:46.265-05:00Comments on Along The Watchtower: New Record Closes in Gold & SilverTurd Fergusonhttp://www.blogger.com/profile/03393759110641882003noreply@blogger.comBlogger38125tag:blogger.com,1999:blog-3034901630224544639.post-13629438828033174102020-01-02T03:15:35.159-05:002020-01-02T03:15:35.159-05:00Hey There. I found your blog using msn. This is a ...Hey There. I found your blog using msn. This is a very well written article. I’ll be sure to bookmark it and come back to read more of your useful info. Thanks for the post. I’ll definitely return. <a href="https://www.phishtank.com/user.php?username=GOLD78" rel="nofollow">Gold Bullion Coin For Sale</a>seo masterhttps://www.blogger.com/profile/01720414257693046878noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-55160507178855679562011-12-17T23:23:11.658-05:002011-12-17T23:23:11.658-05:00Australia's policy of dealing with illegal mig...Australia's policy of dealing with illegal migrants has been the subject of heated political debate in the country.<br /><br />Opponents of Prime Minister Julia Gillard say her lack of action has emboldened the people smugglers to try to send as many to Australia as possible.<br /><br />Australia's asylum policy has been in crisis since a court ruled a plan to swap refugees with Malaysia unlawful.<br /><a href="http://www.vouchercodes.net/" rel="nofollow">Discount Voucher Codes</a><a href="http://celebridadesflagradas.com/" rel="nofollow">Famosos</a>Anonymoushttps://www.blogger.com/profile/15928716439300610769noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-44954638859578949432010-12-06T22:44:26.767-05:002010-12-06T22:44:26.767-05:00Is holding AGQ a high-risk proposition based on th...Is holding AGQ a high-risk proposition based on their counter party risk. Is this a derivatives time bomb? I have some and the returns are stunning and addictive! I know that I am greedy, question is am I also foolish?pbfurnhttps://www.blogger.com/profile/10985590537264288383noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-62042433598964306322010-12-06T22:24:30.818-05:002010-12-06T22:24:30.818-05:00Nic: I hear ya on the 10-year chart but I would re...Nic: I hear ya on the 10-year chart but I would refer you to the answer I just wrote Rich. If you want to book some profits, go ahead, I don't blame ya. Just don't try to pick tops and blow out your whole position on a hunch. You'll just end up chasing to get back in and that's never a good idea.Turd Fergusonhttps://www.blogger.com/profile/03393759110641882003noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-77969941309427905292010-12-06T22:21:57.902-05:002010-12-06T22:21:57.902-05:00Rich: I really don't give specific trading adv...Rich: I really don't give specific trading advice anymore buy I will say this: trailing stops are always a good idea in this kind of market, just never for a full position.<br />What I mean is, if you're long 1000 shares of something, pick a price 10-15% down and put in a stop for a 300-500 shares. Don't ever allow your entire position to get stopped out because, I can assure you, as soon as you're totally out the stock will reverse and you'll be pissed.Turd Fergusonhttps://www.blogger.com/profile/03393759110641882003noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-49581922494689272362010-12-06T21:42:10.851-05:002010-12-06T21:42:10.851-05:00JPMorgue getting a hammering on the Silver anvil:
...JPMorgue getting a hammering on the Silver anvil:<br /><br /><br />http://jsmineset.com/2010/12/06/hourly-action-in-metals-from-trader-dan/sumohttps://www.blogger.com/profile/16490367189677374605noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-84664906173824817032010-12-06T20:03:28.076-05:002010-12-06T20:03:28.076-05:00$1420 and $30 are holding steady.$1420 and $30 are holding steady.Bubbles, bubbles everywhere!https://www.blogger.com/profile/02565532253083323893noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-1932154572839948612010-12-06T20:00:26.130-05:002010-12-06T20:00:26.130-05:00http://www.resourceinvestor.com/News/2010/12/Pages...http://www.resourceinvestor.com/News/2010/12/Pages/The-Scramble-for-Physical-Metal-Intensifies.aspx<br /><br />pretty interesting article on gold/silver backwardationAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-77985937320360489412010-12-06T19:41:44.224-05:002010-12-06T19:41:44.224-05:00Hi Turd:
I have alot of mining stocks... about 30%...Hi Turd:<br />I have alot of mining stocks... about 30% gold and 60% silver and about 10% energy and AG. Should I put a stop loss limit order on these so I can take profits in case of another "November 12th week type situation" or just let them ride through the volatility since the intermediate term will be up to 31-34 for silver? <br />Thanks, RichAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-59445745847475079662010-12-06T19:33:53.884-05:002010-12-06T19:33:53.884-05:00i think we would be in for a decent pullback here ...i think we would be in for a decent pullback here but that 30 # is such a powerful barrier and we just crushed through it and closed well above it today after turning down steeply mid day on second test. im cautiously ready to watch this bust on up to 33. nice time to be heavy long in futures w semi tight stops.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-89246888513247950262010-12-06T19:01:28.964-05:002010-12-06T19:01:28.964-05:00Turd,
I know your view on fundos at the moment, b...Turd,<br /><br />I know your view on fundos at the moment, but...<br /><br />I am looking at the 10yr weekly chart...we are at the top of the trend line...<br /><br />Makes no difference to me, I am not selling, but, is it different this time?Silver Timerhttps://www.blogger.com/profile/04384510197314818840noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-56892604023903533272010-12-06T18:50:11.038-05:002010-12-06T18:50:11.038-05:00"Markets are more powerful than Governments &..."Markets are more powerful than Governments "<br />- Ron PaulJackhttps://www.blogger.com/profile/09362531731591597011noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-90556961566821701222010-12-06T18:25:45.806-05:002010-12-06T18:25:45.806-05:00Reputable and solid coin and bullion dealer from n...Reputable and solid coin and bullion dealer from non other that Eric Sprott: sprottmoney.comddhttps://www.blogger.com/profile/15903424701139390195noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-81693524035849996942010-12-06T18:19:34.184-05:002010-12-06T18:19:34.184-05:00The best that the manipulators can seem to do is t...The best that the manipulators can seem to do is to keep the rate of price increase steady, so that the general public does not get all excited and jump on the bandwagon. Remember John Embry's view that gold is seldom allowed to rise more than 2% a day:<br />http://www.sprott.com/docs/InvestorsDigest/2010/MPLID_042310_pg124Emb.pdfTurdle GGhttps://www.blogger.com/profile/01132822226095829192noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-46901078682801819732010-12-06T18:16:38.205-05:002010-12-06T18:16:38.205-05:00FISD: Thanks for the link. I decided to investigat...FISD: Thanks for the link. I decided to investigate the prices of the NEW America the Beautiful 5 oz Silver Bullion Coins that were offered for sale recently and was BLOWN AWAY by the markup!!! <br /><br />APMEX got these from the Govt. mint at the sweet price of $160 and added another $120 to make them an outrageous $56 an ounce. Of course the mint urged them to keep the prices reasonable: http://news.coinupdate.com/keep-america-the-beautiful-silver-bullion-coin-prices-reasonable-0561/<br /><br />Talk about price gouging...<br /><br />Looks like they are asking $299 per coin on eBay!<br /><br />Too bad the mint realized how badly they botched it and I'm hearing rumors that the mint has STOPPED all deliveries to authorized dealers of the 5 oz Coins until further notice...<br /><br />This could get interesting! :-)kiyoteihttps://www.blogger.com/profile/02511715559719212610noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-72719541858139523062010-12-06T18:12:33.572-05:002010-12-06T18:12:33.572-05:00For JPM to be allowed to switch from short to long...For JPM to be allowed to switch from short to long PMs would mean the govt is allowing PMs to supplant fiat currencies. No govt will allow that to happen, as it strips them of their power. Yes, fiats all die eventually, but I don't think any govt has ever willingly participated in its own fiat's downfall.Turdle GGhttps://www.blogger.com/profile/01132822226095829192noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-38326485428186503172010-12-06T17:59:49.412-05:002010-12-06T17:59:49.412-05:00Chris If JPM goes long that might help offset los...Chris If JPM goes long that might help offset loses in their short positions but the balance of shorts would still weigh on the bottom line....Blightpigeon..always purchase silver in a recognizable form. How would a buyer know the material or content with it ?Jeffhttps://www.blogger.com/profile/13647224553740343867noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-21084584462069633392010-12-06T17:54:52.142-05:002010-12-06T17:54:52.142-05:00If JPM is already heavily short I don't see ho...If JPM is already heavily short I don't see how they can turn around and go long in a meaningful way without driving up the price and further burying their short positions. They would first have to exit their shorts which seems to be causing them enough trouble.flaunthttps://www.blogger.com/profile/16131258898695819788noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-42333243338324837992010-12-06T17:31:29.507-05:002010-12-06T17:31:29.507-05:00@GG,
I wonder if the way JPM will get out of this ...@GG,<br />I wonder if the way JPM will get out of this mess is to turn around and go long. I mean, if they KNOW the timing of when they release the weight of suppression, AND they have essentially the FED backing them up, couldn't they just turn on a dime and go long with a real significant amount of leverage?? Just a thought, but as the old saying goes, if you can't beat them, join them. If they could control like a light switch the end of PM suppression, and I think they can if they are the ones doing the suppression, they could make a real killing going long. Hopefully we will be along for the ride...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-37487295193307551702010-12-06T17:30:43.589-05:002010-12-06T17:30:43.589-05:00Looking at the nice yellow (and heavy!)box I just ...Looking at the nice yellow (and heavy!)box I just picked up at the post office, Oh Canada!<br /><br />Just doing my part to bury JPM in the shorts.<br /><br />My first post here, thanks for doing the yeoman's work TF great blog!Unknownhttps://www.blogger.com/profile/13414286562273326318noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-22381664356506222522010-12-06T17:25:15.239-05:002010-12-06T17:25:15.239-05:00blightpigeon, just weighing in an opinion here, wi...blightpigeon, just weighing in an opinion here, with regards silver buying, I've gone with the Eagles as they will be "recognised" where I currently live, and will most likely be easy to trade in the future. . . I'd recommend checking ebay for the variety of ways silver sells, including 90% & silverware - it's a good way of keeping an eye on a "market" and understanding premiums, etc. best wishes!SilverAurahttps://www.blogger.com/profile/04501629745883365642noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-87334335354848306562010-12-06T17:15:54.336-05:002010-12-06T17:15:54.336-05:00I am now getting very nervous. Of course I want t...I am now getting very nervous. Of course I want this to continue, but do you think JPM (aka US govt) is going to let the PMs go crazy, threatening the USD/establishment/TPTB? I don't think so. We should expect radical new ways to limit or reverse the price rises, though I don't know what they might be. Remember what Harvey said on Saturday:<br />"The bubble of shorts is so big that it cannot be covered."Turdle GGhttps://www.blogger.com/profile/01132822226095829192noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-52400187693865775542010-12-06T17:13:48.698-05:002010-12-06T17:13:48.698-05:0090% silver coins are good in case the US Dollar dr...90% silver coins are good in case the US Dollar drops dead and people revert to silver coins for commerce (a very real possibility when the completely clueless hold public office). Eagles and Rounds are fine, but harder to value in that case.Jackhttps://www.blogger.com/profile/09362531731591597011noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-35716493872666397702010-12-06T16:58:59.059-05:002010-12-06T16:58:59.059-05:00Well, these are working out pretty well:
http://tf...Well, these are working out pretty well:<br />http://tfmetalsreport.blogspot.com/2010/11/amazing-week.html<br />http://tfmetalsreport.blogspot.com/2010/11/moron-silver.html<br />http://tfmetalsreport.blogspot.com/2010/12/here-comes-fun.html<br /><br />If you think we do fine work here, please tell all your "internet friends". I'd like to see just how big we can grow this thing. Thanks! TFTurd Fergusonhttps://www.blogger.com/profile/03393759110641882003noreply@blogger.comtag:blogger.com,1999:blog-3034901630224544639.post-1210381181154475142010-12-06T16:55:01.127-05:002010-12-06T16:55:01.127-05:00Am happy, still hungry. Blythe has to know her ca...Am happy, still hungry. Blythe has to know her career is over. Same with Bernanke, Geithner. Today's move was epic! Equities crash AS gold goes vert!<br />I still think we will test support tomorrow, but we will see. As far as silver, as I have said all year, I think we hit $36 by December 21st.Mr Lennon Hendrixhttps://www.blogger.com/profile/07859347238367669491noreply@blogger.com