tag:blogger.com,1999:blog-7982981413278241287.post3074616584567760647..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Silver: "Looking Good Billy Ray - Feeling Good Lewis!"Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-7982981413278241287.post-36657798711427389752010-06-28T16:04:52.107-06:002010-06-28T16:04:52.107-06:00Thanks for clarifying this to me Dave.
I have now...Thanks for clarifying this to me Dave.<br /><br />I have now new bits of information to investigate and to start following.<br /><br />Keep your luster shining!JRnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-29466720850209028682010-06-28T15:05:57.450-06:002010-06-28T15:05:57.450-06:00Good question JR. When I refer to the "physi...Good question JR. When I refer to the "physical markets," I am referring to the markets in which physical gold is actively traded. This would be London (LBMA), India, Viet Nam, Middle East (Dubai), Shanghai and some others. In these markets, physical buyers take delivery of 400 oz. LBMA bars. These would be the "wholesale" markets in which all users/big investors in bullion transact. Contrast this with the Comex, which is primarily a paper market, with very little physical gold that actually gets delivered in contrast to the paper dollar amount of the contracts that trade.<br /><br />There are ALL kinds of evidence, anectdotes and market data points the point to the growing tightness in the physical market. <br /><br />What's most striking about the physical market right now is that historically, when gold broke thru to new price levels, the "scrap" market for gold would become flooded with supply. This last happened in January 2009 and preceded a big price pullback. Ever since we broke thru $1030 for good, however, there has been - on a relative basis - very little scrap coming into the market as per bullion bank reports out of London. This is REALLY price-bullish and indicative of a tight physical market. Another good indicator is when the U.S. suspends productition of most or all of its gold/silver eagle products. I don't know where it stands right now, but a few weeks ago they put dealers on order allocation.<br /><br />Hope that helpsDave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-10406435478122092902010-06-28T11:44:19.161-06:002010-06-28T11:44:19.161-06:00Prepare for Cliff-Edge, 'Monster' Money Pr...Prepare for Cliff-Edge, 'Monster' Money Printing: RBS<br /><br />http://www.cnbc.com/id/37970561Hopiumnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-1338979063872294172010-06-28T10:52:07.776-06:002010-06-28T10:52:07.776-06:00Just saw Gartman on CNBC saying Gold is on the ver...Just saw Gartman on CNBC saying Gold is on the verge of a parabolic move up. It appears CNBC is starting to leak some truth.<br /><br />Bill H. noted the same in Midas last week.<br /><br />Joe M.Joehttps://www.blogger.com/profile/16005483996588605077noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-17663775639950768702010-06-28T10:41:44.343-06:002010-06-28T10:41:44.343-06:00I would say the Fed is scared Shit-less to be hone...I would say the Fed is scared Shit-less to be honest.<br /><br />http://www.zerohedge.com/article/second-gold-price-intervention-hour<br /><br />The obvious manipulation as come to the fore front. No I am not a Gold bug claiming manipulation it is BLATANTLY OBVIOUS. <br /><br />But as Dave notes use it to your advantage.Hopiumnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-52765594289085606522010-06-28T10:22:09.752-06:002010-06-28T10:22:09.752-06:00B*stards in for another hit.
Something strange he...B*stards in for another hit.<br /><br />Something strange here, last week was options expiry..is something happening in the near future that we don't know about?<br /><br />Gensler and his staff should be crucified...slowly, leastways some legal action...same with JPM, HSBC, etc <br /><br />Or is this a set up to drag out all the naked shorts, and then stand for delivery? - break the b*stards - maybe?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-62895840072219114682010-06-28T10:02:03.908-06:002010-06-28T10:02:03.908-06:00Dave, can you please explain what you mean by '...Dave, can you please explain what you mean by 'buying up the physical markets'?<br /><br />Are you referring to trade of physical gold in various street/internet shops or is there some other form of physical market?<br /><br />I am following, as much as I can, the discrepancy between the paper and physical price of gold due to the price suppression mechanisms, but am not sure I follow you here.<br /><br />Thanks for explaining.JRnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-36630264948672867982010-06-28T09:44:22.325-06:002010-06-28T09:44:22.325-06:00it's okay. use it to add to positions. the h...it's okay. use it to add to positions. the harder they try to push this beach ball underwater, the bigger the move will be when it shoots up.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-49486472865279430482010-06-28T08:54:00.340-06:002010-06-28T08:54:00.340-06:00Take down on comex gold right now
F*cking b*stard...Take down on comex gold right now<br /><br />F*cking b*stardsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-20396884632372336162010-06-27T18:27:01.938-06:002010-06-27T18:27:01.938-06:00LOL Hopium!LOL Hopium!Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-14929445466783624662010-06-27T18:26:50.887-06:002010-06-27T18:26:50.887-06:00LOL JK - I think there's truth to that rumor. ...LOL JK - I think there's truth to that rumor. Denninger puts on nightly deflation seminars dressed in ballerina outfit.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-51834171949963687792010-06-27T16:33:21.488-06:002010-06-27T16:33:21.488-06:00I heard Viper is now in a Prechter-sponsored tent ...I heard Viper is now in a Prechter-sponsored tent city. Any truth to that rumor?Joe Kernannoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-24628389849636776872010-06-27T15:06:10.928-06:002010-06-27T15:06:10.928-06:00http://www.tejasthumpcycles.com/Parts/LeversGripsc...http://www.tejasthumpcycles.com/Parts/LeversGripsctrls/Silver_Bullet/Silver_Bullet_Grips.jpg<br /><br />I love Silver. :)Hopiumnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-57490110156339300222010-06-27T14:07:21.729-06:002010-06-27T14:07:21.729-06:00Thomas, that's hilarious. It flows better if ...Thomas, that's hilarious. It flows better if you ask "who's Jesse L?" LOLDave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-66922935383043977222010-06-27T12:10:57.538-06:002010-06-27T12:10:57.538-06:00I'm not buying it. Sorry, I'm conditioned ...I'm not buying it. Sorry, I'm conditioned to believe that silver will always implode, LOL. It's kinda like when Lucy pulls the ball away just as CB gets ready to kick it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-9690235828117292022010-06-27T10:54:20.311-06:002010-06-27T10:54:20.311-06:00Silver will explode, as it is ignored by all while...Silver will explode, as it is ignored by all while gold occupies the center stage. If you listen to the James Turk interview from the same site as the Ted Butler interview:<br /><br />http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/6/26_James_Turk.html<br /><br />at about the 12:21 minute mark, James Turk identifies silver is still in phase 1 of a bull market, while gold is in the later phase 2 stage. As a person of meager means, I still have a large appetite for physical silver, although it is far more bulkier than gold (54 oz gold vs. 5000 oz silver): my one safe is chock full; I need to buy another!<br /><br />And as the Hunt Brothers proved in the Carter years, it's easy to corner the silver market. How long before some rich pig tosses a paltry $2B or so into the COMEX and does the same? He/they would at the very least double their initial investment in no time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-63856355769018331362010-06-27T10:07:04.156-06:002010-06-27T10:07:04.156-06:00Who's Jesse?Who's Jesse?Thomasnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-71431577521241028732010-06-27T08:58:03.166-06:002010-06-27T08:58:03.166-06:00on that boat with POTUS?on that boat with POTUS?Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-41205999449292937372010-06-27T08:39:57.787-06:002010-06-27T08:39:57.787-06:00Yeah but where's Beeks?Yeah but where's Beeks?Jessehttps://www.blogger.com/profile/10098169118867085623noreply@blogger.com