Search results

Can you ever imagine if the s&p 500 had a chart like this, it would be a matter of national emergency. When commodities or metals get killed like this, outside of the trading and spec community, it's as if it never happened. But if/when a basket of stocks drops a few percent, you'd think...

I wouldn't touch housing, far too illiquid and the consummate trap. As these municipalities continue to decline, property owners will continually become their stop gap measure for raising revenue. If you're of the mindset that this economic malaise isn't going away any time soon, then the...

I'm having a pretty difficult time reconciling how things evolve now that we've got all of these ETF's (paper market) competing with demand for physical. In the past, the ETF's at least could divert interest from the populace towards converting out of dollars and into the physical. Nowadays...

I'd guess we probably have a snapback rally soon enough, but looking at the charts it's a bit ominous, we even took out all of the April gains. The big positive is that demand for physical is historical, so in that context it's a positive. I'd actually hope that this shake out would free...

Just to keep it honest, how many calls did you buy 2 days ago?

Heard that he's sitting courtside at the Lakers game tonight.

That's all fine and dandy and most of us get that. More often than not, the timing of margin increases, in particular when they happen concurrently in a very short time span are more than suspect. It's also a bit curious with the dollar close to testing the 2008 lows that silver margin...

Umm, the point is/was that next time make this post in advance or concurrently with the price of the metal trading at $50, not after its dropped 25-30%. We can all clearly see that you breathlessly ran to your keyboard to type this know it all in hindsight post as if it somehow makes you...

A 20-30% drop will definitely cure that inventory problem. Considering the fact that 1 oz coins are essentially a retail way of hedging currency concerns, I'm not that surprised that there has been a major uptick in conversion to hard assets. BUT, these players can also be easily shaken out...

You can buy Silver Maples for $43.08 as I type this. You can buy a Silver Bar 1000 oz for $39,930 ($39.93 per oz). (Check out Kitco to verify). Even Apmex that charges a hefty premium over spot is selling 1 oz silver rounds for roughly $45-$46.

I knew if I scrolled down somebody would catch that. Yikes.

+1000 These guys are still living in another era. Hanging onto myths and fairy tales no matter how preposterous.

Pekelo, you clearly deserve a significant allocation of Surfer's paper profits.

I think it will consolidate back 37-38 over the next few days/weeks. This is a gigantic flush though, not unlike what we used to see in gold back in that 2005-08 run-up that would scare the hell out of everyone in the metals.

They are all interchangeable parts. They all push whatever agenda the producers tell them to (after the producers are coached by the corporate PR dept). It's all filtered for the masses bullshit, and alot of people know that at this point. 10 years ago that network was relevant, now it's a...

If I were diplomatic about this situation I'd crack down so hard on the means testing and/or ability for anyone to game the system whatsoever. If somebody were to fraudulently obtain food stamps and were found to have hidden assets, those assets would immediately be seized. I don't care...

Man, you couldn't pay me enough to try and buy gold off of Craigslist. There have been enough problems with people just trying to sell used furniture let alone metals. Home invasions are a very real concern I believe for many gold and silver holders/hoarders if the current trajectory...

Indeed, every man for himself is the inevitable outcome when the funding for all the safety nets runs dry. Welch is speaking out and following the lead of the likes of Bill Gross and other establishment insiders who feed off of the kleptocratic private and public sector cronyism. It...

I'd go with the opposite scenario outcome. In any event, all of this talk of "bull" markets built on the back of a devalued dollar and endless quant easing/stimulus is pretty disingenous. The day that an investor can buy stocks without the need to worry about a currency crisis would...

stock777 lives to troll. The fact that any of you even quoted him gives the guy a boner.