oops I dit it AGAIN. CME HIKES GOLD AND SILVER MARGINS ALMOST 20% TODAY! Gold and silver keep CARSHING

SS, what they are doing now, is making sure we have a complete divergence between paper and physical... They want to collapse it!!!

5 star and pin... This Madmax, and I SS's cohost tonight

This is it!!! This is what we have all been waiting for...

There is already a shortage of physical silver to purchase. This will compound the shortage & make the distinction between paper & physical more obvious.

*eats the dip*

It's about time we get honest with ourselves! Gonna be a wild week. I bought my last roll of ASEs today. That's it I'm done.

I don't know much about CME Group but are they a trusted source?

or more like an insider shill corp like RAND?

They are a puppet...

They're notorious for price manipulation.

gonna be a good week guys. i don't see how this ponzi scheme will continue for another 2-3 months, let alone 3 years under bounel.

some heads need to roll this time around. too many people have slipped by with no repercussions.

Hi Strongman, on your advice I stacked some today at 23.5 ...nice, thanks!
You da MAN!

Wow, the drop continues. Gold down 171, silver down 4.12

[link to goldprice.org]

[link to www.silverprice.org]

I picked up some Koalas. The price will continue to drop into Friday, but I am wondering if there will be any physical to purchase by then. The premium over spot has increased significantly since COB last Friday.

Silver is close to breaking below $22 in after market trading as it is. When the Asian markets begin to trade there will be more bloodletting.

That's what I was thinking. In another thread someone said to wait until later this week because PMs are going to dive further but I'm already hearing cries across the net that a lot of places are completely out. It's going to be a stampede the next few days.

Same here. I stacked 100 at 23.18. Standing my ground.

$20 open for U.S. is what I'm guessing. Glp knows that's paper slv not ANY kind of physical!

You are late , the meltdown is over or so !!

[link to www.godlikeproductions.com]

Perhaps some generic rounds may still be available.

Bullion is disappearing fast.

My premium over spot was$3.50. OUCH! So it goes...

just watch it.

I capitulated below 24. I didn´t buy or sell this sell off.
So I am expecting to see what happens with 21$

The CME announcement says the hike is on short accounts, not long. How is this bad for metals?

Sell in February, buy in August. I've been playing this game 12 years. Ignore the seasonality at your own peril. I will reload between 16-18.

"ALL US WHOLESALERS SOLD OUT OF ALL PHYSICAL SILVER!!!"
April 15, 2013

[link to silverdoctors.com]


go long on popcorn...
rp

Gold 1326

Physical gold still has value. This is Gold doom brought on by paper sellers!

I just checked Tulving and Bullion Direct, two of the biggest dealers. BOTH have all the silver in stock you could want. Plus tons on Ebay, and you can always buy right from Comex if you're a high roller.

No wonder it's so easy to make money in this market, given the naivety of the average silver investor.

i think (paper) silver will drop further this week too, but i also bought today after seeing that apmex looks to be running out of stock on many items. i'd love to get it around $15... but seriously who will give you anything near that bargain price in (physical) silver? found this on the webs:

Here is an excellent article that determines the cost to create an ounce of silver.
[link to www.marketoracle.co.uk]

Much silver is a byproduct of other mining activity, The author estimates the actual cost of primary silver production to be about $17. This means supply will shrink as this price is approached.

anyways i ended up getting 25 ounces for around $700... price i paid per ounce about $28... supply will dry fast. my best guess for (paper) silver bottom? no real clue i can't pretend to get this shit- i'll go $18. any others got a guess for paper bottom? if paper goes under 17/oz (physical production costs estimate) then comex price is just lunacy. that PMs drop then SHTF thread is crazy with boston attack today.