W & f..Do ye evar put sum dare and mix it width de rum, lime and de kokonut..Kould be a nu drink sensaatshun. not evun the fish can resist, a drink such as dis. Meanwile the ss slowly kreaps bak to where it twas at de start of de week. Just lika de twist, wound and wound we go, up an down we go, where we finish onle I kno..North to de pole, I sa. AK ER 43
AK ER 43 is orf to de bunk and ZZZZZZZZZZZZ. Look alive 28.25 Signen orf on de larst tradin nite of dis week.. Auto pilot yer in kontrol
Guys, I'm just reading through one of CPM groups publications: ( http://www.cpmgroup.com/free_librar...lver_Gold_and_Economic_Myths_October_2011.pdf ) And had a question about this section: If 1) JPMorgan has no negative price exposure, then how can they 2) have their margin rise enormously with higher metals prices and 3) be taking 'no price risks'?
to 'try' ta answar ya qwestion, pirate lyke, i'd have tu propose dat if i spent a billion dollars on silva' at 16.92 id get { $1,000,000,000 / (103*$16.92) } or aboutz 57,300,247oz of silva. and jp wood get about { 57,300,247*$0.51 = 3% of 1,000,000,000}or $30,000,000. if i brout it at $38.86 it would be { $1,000,000,000 / (103*$38.86) } or aboutz 24,983,885oz of silva. and jp wood get about { 24,983,885*$1.17 = 3% of 1,000,000,000}or da same $30,000,000. de amount of money dey can makes from de silver MARKET goez up proportonerly wif de market cap and the volume of twades. higha price per oz = less oz per $, = biggar market cap. and mor volume = more trades in and outs = compounding of 3% ( i.e: 24 trades in and out at same price dubblez deir moneyz! ). dat mite be whatz dey ment, but dey comments is still irrational. (dey logic is broken) is it as tho they only have positive exposure? an' can somehow stillz make billion dollar lossez? It makes no sense, its wordplay, riddles!
To undakastumble post 2429. ye be a btter man dan me gundadin. Tings were different in dem days...ye start a war with sum funds frum de bankers and if you won you paid them bak with sum of the goodies you looted. Gubberment and cituzen debt was not like it be today... JP Morgan is into derivatives in a big way. Bean on de rum afta dat intel repurt...Mite not be de comptamentus for de nex fu rings of de hour bell. 28.44 AK ER 43
It be a lonely cold and rainy nite on de bridge of de ss...All de cru are away somewher buying mor of de shiny stuff... 28.25 Larst fur tonite nour ibe orf toZZZZZZZZ AK ER $#
I waz dun belooo ca'n errol, scrubbin da deckz. We muss be a-ready fa da heavy norf-ward sailin we ave ahead.
Thanks grinners. That was probably the most objective look at PM supply/demand I have seen since joining this forum. Fantastic.
Was in not Jeff Christian who debated with Bill Murphy that there was no manipulation in silver prices. We believe him dont we ??? I all believe Jeff that silver will remain at $20 for the next 10 years. That is why I have been buying silver these past months ?? I love losing cash Really you need to take his word with a healthy dose of scepticism.
Taking off my pirates hat. One very interesting topics that I thought was very interesting is the fact that only a very small percentage of rich people held any of their wealth in gold and silver. The figures that he gave out was less than 2% in gold and only .1% in silver..With the Chinese Government encouraging its citizens to buy gold and silver, and with the huge numbers of potential stackers of gold and silver, it would not take long to turn this situation right around. Thanks Grinners for posting it here on the pirates section of SS. It might mean that we will all take a more conservative outlook on silver with a view of long term gains and security. It will be interesting to see what Captain Turk has to say about this video. The SS might have to sail around sightseeing between 20 and 35 for the foreseeable future..I t may play out differently if Europe collapses.. We will just have to wait and see. Bac on with de pirits hat...Put up de jib cru, we may be bekalmed for a wile. AK ER 43
Ah it is time fur all gud pirits to be down belo in a floundering silva sea... Salen wil be betta nex weak i hope. AK ER 43 ZZZZZZZZZZZZZZZZZZZZSilva at 50...oh im onle dreeemin..all hans sta nhoe
Jeff Christian gets a bad rap around here, however after looking into him, I am really starting to take to him. I would highly recomend his book: Commodities Rising: The Reality Behind the Hype and How To Really Profit in the Commodities Market I got mine for $3 plus delivery (online - amazon secondhand), and it is a really objective look at the industry. He spends a lot of it dispelling myths etc. Published in 2008 I believe.
Grinners.. What was his predictions prior to the GFC, say in 2005.. This in my opinion in how I determine if someone is credible or not. Thanks for posting as we should all be open to everyones slant on the price of silver..The hardest thing to do so to put your money where your mouth is. Regards Errol 43
Have a look at the traders here on ss.. Scroll down home page and you will find them.. Sure you will get what you want at a good price. AKER 43
Ah me cru..yer all sleepin...and so to is de silva 28.34 Oh i feelZZZZZZZZZZZZZZZZ ova an ourt AK ER 43
