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

Arrrr. Tis time to take ye parrot and a big barrrrrsket,
The land of bargain treasure has come out of de fog.
Arrrr. The sweet smell o panic selling
 
Spilver said:
Arrrr. Tis time to take ye parrot and a big barrrrrsket,
The land of bargain treasure has come out of de fog.
Arrrr. The sweet smell o panic selling



SELL SELL SELL!

hopefully when i wake up, bank of America will be kaput!
 
Taking off my pirates hat..Tipping a bounce from 34.80US tonight as the profit takers move in after NY opens.

Banks calling in margin galls on shares, silver and gold..Investors have to raise cash in a hurry..Sell while you can is the horrified cry.

The silver and gold bulls will be running again in no time when the profit takers have the cash..They have to put in somewhere.

October has always proved to be a bad month for the share market so I have been told. Oh no! not another recession.

Regards Errol43

PS. Captain Turk warned us about this downturn so we sail south to get some fiat and very soon we head North again.
 
i see dat ya awl pardie, pardie an yaknot bin lowdin da boat. azzi , da Kaptun erol43 an wee black peep bin keepin whatch, wile paw hotel 46 bin nappin da nipper awl week long. da Captain Turk bin bizzy gittin da maps ready fur wen wee tern ta da norf. i tink i bee pfishin fur ar wile, mee git sum barra an git mee sum vodka, letz lowd da boat men, wee bee rddy da nex time

$32.96
 
Oi 'ave ter be apologisin' ter ye all. Oi not be at dis pardiee.

See, Oi be watchin' dem dere charts, all day Oi be watchin, an' waitin, noice an' patient loike.

Ye all 'ear dat beepin' noise behin' de boat? Dat be me big trucks, backin' up ter load up as much as Oi can :)

Sorry fer missing de pardiee, but Oi gots stackin' ter be doin!
 
Many O' stacker iz un deck wootching de price [
stock_crash.gif

Source:
 
Aaargh, me maties. Whu elce be gettin ready to load sum powda into de cannons? Tiz a scary fought, but we is ferwess pyrates, and we is close tu a harbor. Wat we aimin at, buylow or Safeway?

I'm for buylow.
 
Just touching base quickly. A huge air pocket has formed under the silver price today and many buyers are waiting for a bottom to form before coming back to snap up the bargains. Get in before them if you possibly can because there will be some ferocious buying when they all come back. We have now taken out the 200 day moving average, which might sound bad, but is actually less important than the 50dma.

(Remember, the closer you aim for the bottom the closer you will be to missing it.)

Spot is at USD $32.87 right now after falling from $36.26 earlier today. We might even reach the high twenties later tonight or by Monday if this continues - although I doubt that we will reach good ol' $27 again - thankfully. (That was an iceberg that NEVER seemed to go away!)

It's hard to predict what will happen next because we are operating in a highly rigged market right now. (Look a the tight channel the DOW has traced out in recent weeks since that last FOMC meeting) I strongly suspect we are going to see these 'outside forces' move the market more directly than fundamentals will for the next week or so. Moving the DOW up or down 5% in a night is quite easy for these good folk, so if the market is down you can be sure they want it down for a reason.

Ben's boring Twistie idea (and his remarks at last month's FOMC meeting) were intended to create this stampede in the global markets now. Watch out now as the assorted CBs rush to the rescue with more of their instant liquidity soup mixture - "Just add debt". The Fed, ECB and the BOE are all fairly itching to fire up their respective printing presses and become the fiscal heroes that they aren't.

The ECB now want to play leverage games with their new 'Euro Stability Fund' - and would dearly love to redo their Treaty so they can legally roll out their so-much-desired Euro Bonds. Will someone please give them a call and tell them that governments are 'expense' items that can never create wealth but only confiscate or redistribute it. They seem to keep forgetting that. (Use the phone in my cabin - it uses 3G and gets good reception out here in the water.)

Let's try not to smile too, as the G20 meets and unites their individual fiscal ignorance only to trot out few a well-worn globalist platitudes.

We should be thankful for their insights - just as we should thank 'The Age' for telling us yesterday that we are now in a bear market! I'm certain most of the SS crew here regularly say more intelligent things in their sleep.

Keep buying if you can!

If you are already fully stocked up be thankful and don't fret. When Ozama Un Leaden popped his head into my cabin early this morning to check the overnight action he took one look at the chart with the arrow pointing at the floor and exclaimed "Great! I'm off to get some more Scottsdale's!" A true stacker there!!

Great to see everyone on deck smiling and cheerful today! I guess you all know by now that this price action only hastens the end of the market manipulation - as more and more silver is transferred to very strong hands like Ozama's.

Errol 43, please ensure our sails are thoroughly checked over the coming weekend.

I feel a slight breeze getting up. We must be ready!


SPOT: USD $33.20.
 
Ah de bow is on the muv..I tink dat the silva wil muv tonite..urp a little.urp a little ...a littel hier ...ah dats rite. I see de charts and i be saying 34 be the krack of dorn.

AK ER 43

De Captain Turk,, He tell me to set de sails for we be heden north agin...He nows wht goen on..Don't be friten to by by by de buket full.. Scrub dem deks kleen cru...Der be time enuff for counten when the bears ar gone.

Burg 34 dead ahed.Hear we go..hear we go.

AK ER 43
 
Arrgh crum8s , we be buyin up all we can fynd oh an I got da nu wodka vat ready ta lode abord , silva ocurs so we don be gettin any bugs , It shuld last us on da long trip north.

Big-load7.jpg
 
renovator said:
southerncross said:
Arrgh crum8s , we be buyin up all we can fynd oh an I got da nu wodka vat ready ta lode abord , silva ocurs so we don be gettin any bugs , It shuld last us on da long trip north.

http://images.thetruthaboutcars.com/2010/01/Big-load7.jpg

What is that in the pic southerncross?

It be da nu Wodka vat ta keep da cru ealthy lik wid da coloidal silva in eech mug o Wodkalimeanacoconut .

??? some sort of oil refinery equipment or a space probe
 
renovator said:
What is that in the pic southerncross?
Oi, Renner... Renoma... fixer upper fella?

Ye no be recognisin' Maggies new bottle of wodka? We all did runded out before, or so as Oi 'eard, anyway...

<thinks for a second, scratching head>

Oi, if dat be Maggie's new wodka... wot de bloody 'ell we gonna put all de limandkoknut juse in?

O.o

(Pirate hat off for a tic - if I'm reading Capn Turk correctly, that also just might be empty, and being backed up to fill up on Silver... hint hint)
 
Boomstix said:
This thread makes my head hurt...

Yaarr bes ye don miks da drinks den. ya ken wak up feelin like a parrot as pooped in ya mout....mmmm hang on.
 
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