Midnight to 6am - Overnight Spot Watchers Spot...

Looks like im just in time.

'neone else up for a rumbo for dis one?


Will ben bernackie bail out the blundering bankers.
a bunch of blundering bankers banks before they all go bust?

If ben bernacky bails out the banks before they bust.
will banks bonds or bullion bars be the better bet?
 
Azure said:
Looks like im just in time.

'neone else up for a rumbo for dis one?


Will ben bernackie bail out the blundering bankers.
a bunch of blundering bankers banks before they all go bust?

If ben bernacky bails out the banks before they bust.
will banks bonds or bullion bars be the better bet?
Click to expand...
Transcript has already been released.
No QE3 yet :)
 
Thanks for the update RM.

I have to look up a replay of the speech.
will be interesting to see what he said.

Cheers.
 
Captain Turk...Sir de Ben Benarke...He say NOOOOOOOOOOOthing...to wurrry us pirettes...

What about de big storm heden for NY..Do we prepar to wedder de storm Captain or is it just piss and wind.

Goen below dek sir to repurt to de media cuntrol room. Mite be sum breken nuws..

Regards Errol 43
 
errol43 said:
Captain Turk...Sir de Ben Benarke...He say NOOOOOOOOOOOthing...
Click to expand...

On the contrary Errol43, Brother Ben said plenty - and it is all very good indeed for gold and silver.

910_word_cloud.jpg


Here is his message:

BennyBoy said:
..the Federal Reserve has a range of tools that could be used to provide
additional monetary stimulus....

We will continue to consider those tools and other pertinent issues, including of
course economic and financial developments, at our meeting in September
Click to expand...

Translation: "Between now and September we're gonna give world markets a ride they'll never forget. Man, do we have some 'financial developments' for you!!
Next month you will be begging us to print the boodle and put a stop to the madness, and - being the compassionate and sensitive souls that we are - we will oblige!"


BennyBoy said:
The Federal Reserve continues to monitor developments in financial markets and institutions closely and is in frequent contact with policymakers in Europe and elsewhere."
Click to expand...

Translation: "The boss is currently overseas. He wants us to destabilize Europe even more in coming weeks.

BennyBoy said:
"I do not expect the long-run growth potential of the U.S. economy to be materially affected by the crisis and the recession if -- and I stress if -- our country takes the necessary steps to secure that outcome."
Click to expand...

Translation: "It's my way or you sleep under the highway."

BennyBoy said:
"Normally, monetary or fiscal policies aimed primarily at promoting a faster pace of economic recovery in the near term would not be expected to significantly affect the longer-term performance of the economy. However, current circumstances may be an exception to that standard view ..."
Click to expand...

Translation: "All your 'standard' objections to further economic stimulus are wrong - this time it's different - we are living in exceptional times and only I know what's best."

BennyBoy said:
"The quality of economic policymaking in the United States will heavily influence the nation's longer-term prospects."
Click to expand...

Translation: "I'm kinda hoping you think I mean "good" prospects here. We are only 'responsible' until things go wrong - then it is your fault for trusting us with your entire economy"

So, Mr BeNarky has generously mapped out our near future.

Probably time to buff up the old stack....

SPOT : USD $41.30 over the weekend
 
RetardedMonkey said:
I was seriously hoping for a gold drop after his speech but it's done the total opposite!
Click to expand...

Your little monkey icon looks so sad now RM!!

Ben's talk was bullish for Gold and Silver.

I've got a feeling silver is going to take everyone totally by surprise in the next few weeks.

If you are still waiting for a Silver pull back before purchasing, well, your chances are pretty slim.

There was a small chance that Ben might have tried to say something to (slightiy) damage gold and silver last night - but he didn't take it.

Silver is now sitting on the launch pad - and the fuse is burning.

You have all been warned!
 
howoo hotel 46, i bin waitin an wachin, i hwop ta see itz goz down, dunno. whez evryone i tink da ar sleepin gettin reddy fur da week
 
Turk said:
Midnight Man said:
Oi Capn? I tort dis 'ere be a pirate ship, sailin' away in de dead o' night, raidin like dem JPM fellers, and fiddlin our own stashes of de good coin.

Where in da name of blinkin buggery did we gets all dem hifalutin techngubbledy stuffs from, an' wot de bloody hells we gonna do wid it awl? http://forums.silverstackers.com/uploads/2091_smiley-confused010.gif
Click to expand...

Oh dear, I understand your confusion... no, that's not part of the ship's technology, that's just our *multimedia* control room where we make our nightly plans.

The ship's real control room is far more sophisticated and is actually fairly complex.

I'm off to check the bearings now - back at dawn!!
Click to expand...

arrrgggh its be a modin day black pearl !!!
 
stinkypete said:
arrrgggh its be a modin day black pearl !!!
Click to expand...

Well, yes, we do share some similarities with that treasure seeking vessel - but basically we just like to do things properly aboard here.

For example, here is chef's new coffee maker. It makes a fine brew and is so simple even a child could operate it.

910_cofeemachine.jpg
 
Wul Sweet Maggie dats y da Cap'n be soo piky wid da crew, pepul like ya self an Kap'n Errol arrgh calm an reservd, ya can drink an tink at da saym tym , pepul lik 46 ar alert an awar all da tym no matta wot, pepul lik me arrgh um arrrgh arr alert ta drinkun an makin sur da bar is stoked, an arrggh aware of sum stuf sumtimes.

But da good Cap'n turk nows dat da coffee needs doin an da Silva needs stakin as wull, an Makes it so.

Da Aktun kapun Errol Knows da same stuff too, dats wy da SS is da bestus Silva Ship o dem all. A gud Cap'n an a loyal crew is al dat mattas in da long run. Dis crew will go down in history in da end.

We might be seen ta be a bit loose in da head but we jus dont care, cause we be hav a betta grip on tings dan most o da laughers.

Most are just....

[youtube]http://www.youtube.com/watch?v=tkJNyQfAprY[/youtube]
 
an ya bee whirt geewiz da bin chargeed wid teft owf da worz kind
welcum alix wrozz onn da goood Shipp SS

arr dere ya ar southern X, ya bin buzzi i see, i kin aweys wely onn ya, mee buddiz, wez Kaptun errol43, i hope hiz knot zick orw hiz bac pleyin up agin

$40.58
 
geewiz said:
alex.ross said:
geewiz said:
Spike down. Their manipulation is laughable..They'll go to jail for it.
Click to expand...

Buying opportunities?
Click to expand...

Definitely !
Click to expand...

Thanks Maggie for warm welcome to the ship. However, my pirate 'language' is quite awful, I'll stick to English :)

I'm quite new to the forum. Not sure if people here read zerohedge.com, but some people there have been speculating that margin hike on gold is coming up again - hence the sharp drop.
 
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