Amigooooooooooo, silver at $16.44?..........what the FVCKKKKKKKKKK....... V

[Ponce]

Downnnnnnnnn .65 cents in one jump?........is impossible, there is less silver than gold above ground and people are now using more of it.......

What do you guys know that I don't...........?

V

[madfranks]

The federal reserve announced an end to their QE (money printing) program, so the markets now see the threat of inflation as much less, hence traditional inflation hedges (gold/silver) are no longer as attractive, so investors are dumping. The US Dollar index is currently up, because the majority of investors now love fiat paper dollars more than gold and silver.

[Sparky]

The federal reserve announced an end to their QE (money printing) program, so the markets now see the threat of inflation as much less, hence traditional inflation hedges (gold/silver) are no longer as attractive, so investors are dumping. The US Dollar index is currently up, because the majority of investors now love fiat paper dollars more than gold and silver.

Ha, that's what they want you to think. By this logic, the stock market should also be getting clobbered. Instead, it is up strongly.

[old steel]

TPTB can take it up the ass, still not cheap enough to throw in the streets.

https://pbs.twimg.com/profile_images/1437922305/obama-fail4.jpg

[Spectrism]

The biggest part of this is that foreign currencies are dropping against the dollar. We are seeing PM prices drop against a "strengthening" dollar. Yes... they will drop more. Save up. This is not the time to buy yet. It will take a while for physical prices to drop.

The other thing to consider is that we are in a deflationary depression. The QE only kept stock prices high and bailed out banks while stealing real money from the marketplace. Average household earnings are not doing well and the safety net of most people is non-existent. With all the national debt- over $1trillion per year extra spent to maintain a lifestyle out of reach, we have achieved nothing and made things worse.

The Fed has kept interest rates low buy buying up Treasury bonds. They will keep doing that while denying it. We are sliding into the giant croc's jaws.


Also, panic is gripping foreign money holders. They fly to safety- the US stock market. Bubble, bubble boil with trouble.

[gunDriller]

Downnnnnnnnn .65 cents in one jump?........is impossible, there is less silver than gold above ground and people are now using more of it.......

What do you guys know that I don't...........?

V


Maybe God wants us to start a Silver Mine.

We can buy Silver for $17 an ounce delivered. That would give us a lower cost of acquisition than a lot of mines.



The other thing to consider is that we are in a deflationary depression.

Depression yes.

However, not uniformly deflationary.

e.g. Cost of Medical Care in US.

inflation here, deflation there, economic depression almost everywhere, except 'bubble' areas (e.g. Silicon Valley, San Diego, Wash DC).

[expat4ever]

Downnnnnnnnn .65 cents in one jump?........is impossible, there is less silver than gold above ground and people are now using more of it.......

What do you guys know that I don't...........?

V
What I know is the markets are rigged. They can write as much paper as they want to bring the prices as low as they want.
I keep buying bigger boats but they keep sinking. Seems the lower the price goes the more I buy then I overload the boat and it sinks.

[Ponce]

Well, I am happy with what I have, I am not greedy....last time I bought any was in 2002..........1982-2002.....nuff said.

V

[Serpo]

http://srsroccoreport.com/chinese-gold-demand-twice-as-much-as-official-western-reported-figures/chinese-gold-demand-twice-as-much-as-official-western-reported-figures/

[Cebu_4_2]

http://srsroccoreport.com/chinese-gold-demand-twice-as-much-as-official-western-reported-figures/chinese-gold-demand-twice-as-much-as-official-western-reported-figures/

All paper gold?

[Santa]

SILVER...I LOVE YOU To the moon... and back.

[Santa]

We are seeing PM prices drop against a "strengthening" dollar. Yes... they will drop more. Save up. This is not the time to buy yet. It will take a while for physical prices to drop.



I'm a gonna back up the truck at $7. :)

[Serpo]

The miners cant stop producing and receive less than the cost of mining the metal in a lot of cases.

The manipulators dont need to get grubby at a mine ect , they just manipulate the price and get the metals for less than cost.They have their own mine and its full of paper.

[Jerrylynnb]

I've expressed this before, so I'll just sum it up with my own sentiment that we live in a world-o-plenty. Plenty of anything and everything we might need, in the way of purchasable things, and, prior secret deals to hoard the immensity of all things are failing, and, price wars between the former hoarders are on the horizon.

The one thing that CAN be hoarded successfully is currencies that are under the absolute control of the central governments - the real battle will be the attacks against the dollar by the upstarts (rubble, yuan, mark) and to the victor will go the spoils - the lion's share of the earth's real wealth will finally be evaluated according to the winner of the currency war. I'm bettin' on the bad ole' US dollar, because the US has spent way more than the entirety of the rest of the world on military, so, that will, in the final analysis, win the day. Gold, silver, platinum, oil futures, etc. etc. are all, in the most primitive analysis, commodities whose value will be set by the balance between demand and supply.

If you can hold your wealth in dollars, or solid promises (by a reliable entity) to pay you dollars on a regular schedule (Social Security, pensions, trusts, etc.), that is probably your best bet at wealth preservation. You can always buy (with your dollars) any purchasable thing your little heart desires, but, if you don't have dollars, then you'll have to scurry around for someone WITH DOLLARS willing to buy your other forms of wealth (gold, silver, etc.)

If I'm wrong about this, then I'll be a pauper, along with every other pensioner and trust-fund recipient in the developed world. Not much chance of that.

What I see the international financiers (read that - JEWS) doing, once they win the currency war, will be to pull the plug out from under those counting on "easy money", and render most all of us paupers willing to work for that "yankee dollar" like a slave.

Deflation, just as soon as these currency challenges get beat down. Also, as a side note, they'll figure out some way to repudiate all those dollars held by China and other "goyem" masses foolish enough to think their claims to america's wealth would be honored with their hoards of yesterday's dollars they accumulated with such zeal. The top dogs in the western world plan on winning big time, and finally realizing their multi-generational goal of a slave globe, populated with sweat shop workers groveling before their masters for a few precious yankee dollars.

[Hitch]

What do you guys know that I don't...........?

V

Silver rockets. Assholes on this forum keeping posting about them and posting pictures, of silver fucking rockets.

It's bad luck, bottom line.

Stop posting rockets.

[Ponce]

I'm a gonna back up the truck at $7. :)

Evern at $12.00 you wont be able to find any..........at $7.00?........is time to get gready.

V

[optionT]

They control the paper price and the physical doesn't.
The bubble possibly burst in 2011 and we may not see another one for 30 years.:(??

[Twisted Titan]

Unless theses mines are getting back room kickbacks

Logic dictates they must mothball.

Only a fool sellls their product less then what it cost to accquire.

[Ponce]

$16.32........get your shovels ready.

V

[Serpo]

Unless theses mines are getting back room kickbacks

Logic dictates they must mothball.

Only a fool sellls their product less then what it cost to accquire.

I think for 70% silver is a by product of some other mining

[mick silver]

buy on drops . sell on highs . they are not done sucking the life out of the ones that are holding metals yet ........... hold tight are day will come ...

[Celtic Rogue]

$15.89!

[mick silver]

gold 1124.00 beat the bitch down

[madfranks]

$15.89!

Single digits here we come!

[Ponce]

A hell of a way to wake up..........any lower and I'll have to work as a welcome man at WallMart ahhahahahahaahah

V

[Silver Rocket Bitches!]

The dollar is the highest it's been in like 4 years. Metals are the lowest they've been at in 4 years. Explains why we're paying less at the pump too.

http://finviz.com/futures_charts.ashx?t=DX

Now that October is over and the incentive to game stocks is over along with QE, it'll be interesting to see how much of a bloodbath we'll see in equities this November.

[mick silver]

just called the coin shop were I get junk silver bars he told me he was not giving his silver away at this price . then he went on to say he has over 2000 ozs of bars and rounds but not at this price . at one time I could call and buy all I wanted from him for 50 cent over spot . so it looks like their no deal for me ............... if you guys have a local shop you buy from call and see if they will cut lose on some junk silver and what price do they want be good mick

[Spectrism]

Yeah, people with stock of silver paid more for it than today's paper price. It will take time for prices to come down. This is a good time for suckers to dump their stuff.

[old steel]

I would like to dump a load of lead on the heads of the Federal Reserve.

[gunDriller]

I would like to dump a load of lead on the heads of the Federal Reserve.

that's not a threat of violence.

it's a discussion of Eco-Remediation ! :)

[Spectrism]

Yuh can't blame the federal reserve any more than you can blame a rattle snake for being a rattle snake. Its the traitors that brought the snakes into the house that deserve the blame.... but rattlesnakes in the house where people dwell need to get their heads bashed.

[Sparky]

just called the coin shop were I get junk silver bars he told me he was not giving his silver away at this price . then he went on to say he has over 2000 ozs of bars and rounds but not at this price . at one time I could call and buy all I wanted from him for 50 cent over spot . so it looks like their no deal for me ............... if you guys have a local shop you buy from call and see if they will cut lose on some junk silver and what price do they want be good mick

True this. This is what happened when silver went from $20 to $8 in 2008. My local shop said the same thing at the time. And Apmex wasn't selling 1-oz or 10-oz. Currently, Apmex is out of generic/assorted 1-oz, but have a plentiful supply of Apmex 1-ouncers, so we're not there yet.

[Serpo]

Maguire: “First thing this morning, after the Bank of Japan decision, things got a bit roiled. But what I did see was a fully-timed algorithm kick off at exactly 7 AM U.K. time. There is only one seller that can come up with 50 tons of paper gold in a matter of 3 or 4 minutes and that is the Bank for International Settlements....

“We saw this come through and it attacked the entire (massive) bid stack (defending the previous low of $1,180) in a matter of seconds. Obviously there were visible stops. They (the Bank for International Settlements) knew exactly what they were attacking there. It was purely paper gold. We are talking about 50 tons, Eric. That’s an awful big position for somebody to put on (as) a risk position in a single shot.



People ask, ‘How do you know?’ We know that it has to be an official (entity). It cannot possibly be somebody with a compliance department with a risk position they have to look at. And the other thing is this (trade) was enacted in the foreign exchange markets, as opposed to the Comex.



In other words, the short seller suddenly sold gold against the dollar in the foreign exchange market, and that had a huge effect and was able to trip off (an additional) 50 tons of Comex supply in a matter of minutes.


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/31_Maguire__This_Triggered_Todays_Massive_Selloff_ In_Gold_%26_Silver.html

[Uncle Salty]

The federal reserve announced an end to their QE (money printing) program, so the markets now see the threat of inflation as much less, hence traditional inflation hedges (gold/silver) are no longer as attractive, so investors are dumping. The US Dollar index is currently up, because the majority of investors now love fiat paper dollars more than gold and silver.

Silver has been taking a shit for three years with QE, so that logic doesn't fly.

The fact is this, silver and gold prices are determined by computers run by the Feds and their member banks.

[mick silver]

one way to look at it ................. THEY don't want us all using paper to buy silver and gold and just set on the metals it does nothing to help the system , they want us to go to chinamart and buying a nice big 60 in tv and some carrots .one way to look at it ................. in other words ....you mother f...ers need to go out and buy junk till you drop

[Serpo]

one way to look at it ................. THEY don't want us all using paper to buy silver and gold and just set on the metals it does nothing to help the system , they want us to go to chinamart and buying a nice big 60 in tv and some carrots .one way to look at it ................. in other words ....you mother f...ers need to go out and buy junk till you drop


Its sale time...............


http://assets.inhabitat.com/wp-content/blogs.dir/1/files/2010/09/Totems-by-Alain-Delorme-3-537x355.jpg