Ok folks, not that I was ever trying, but there is NO way to compete with the juggernaut that is the new TFMetalsReport.com! The site is receiving an amazing amount of traffic and there is a continous stream of great information. Due to time constraints, and in a attempt to give/receive as much info as possible, I'll be spending time posting in the tfmetalsreport forums for the most part.
http://www.tfmetalsreport.com
Go Turd Go! Amazing site launch!
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_sSVmTmBHpEQfunaCCRqMf2_4LPVaQVs37PLZon5oAWOGJHa1QD54uGJBJgMtFE1K2G3RT-NWK8P0PjSY3s-GBZgNxAcbTl-HTWw7_vqmM=s0-d)
Saturday, June 18, 2011
Tuesday, June 14, 2011
New website with great TA and PM news online
Check out http://www.tfmetalsreport.com/ for some excellent info.
Wednesday, May 18, 2011
FRNs for sale
FRNs for sale, price is 1 oz of silver for FRNs based on spot market. Get your FRNs here!
Friday, May 6, 2011
OK, I think this is it (and by stating that I guarantee more downside movement)
Afternoon action in the metals suggest that we may be at the bottom of this downdraft now. Focus has shifted to other sectors and volumes are stabilizing. SO, to put my money where my mouth is, I just went in on some paper PM vehicles, PSLV, PHYS and miners ETFs GDX and GDXJ. Continuing to hold Tinka and North Country Gold as speculative plays. Not selling one ounce of physical and in fact buying.
The last plays of the great US/World economic Ponzi experiment will happen very fast. The short term market is highly volatile, wanted to be long going into the weekend on all possible flights to safety. Also looking for an entry point to start shorting small cap equities. The sell in May crowd could get pushed at any moment. Find your exit buddy!
The last plays of the great US/World economic Ponzi experiment will happen very fast. The short term market is highly volatile, wanted to be long going into the weekend on all possible flights to safety. Also looking for an entry point to start shorting small cap equities. The sell in May crowd could get pushed at any moment. Find your exit buddy!
The CME Bastards Just Gave Us the Chance of a Lifetime!
If the 35 price range holds for a double bottom leading into next week, BUY BUY BUY! The manipulation has given us a chance of a lifetime! The strong shorts will take their profits, or lesser losses and leave the retail shorts to be squeezed out on the way back up. Perhaps we may be rangebound in consolidation for a while, but the fundamentals are still strong. There have been rumors of silver supply bumps due to scrap recovery and increased production at the 47+ level, but no solid evidence to support the claims.
Watching for signs of additional seeling pressure, but if we can hold support at the price, we should move higher into the summer.
Watching for signs of additional seeling pressure, but if we can hold support at the price, we should move higher into the summer.
BTFD, but not yet!
It's almost time to buy the dip. Been watching silver put in a bottom for the past 24 hours. The fundamentals will take hold eventually and push this market higher. I think this pull back is very healthy and I'm glad it happened. Take the opportunity, buy the next bottom, probably some point early next week, and enjoy the return to the trend which is higher. It is my hope that the speculators have been shaken out and we may have a healthier market ahead.
REMEMBER, the price for physical is NOT spot! Right now I see high premiums everywhere. Physical is still selling for up to 60/ounce. This is just the paper silver complex collapsing.
Got my physical out last night and played pirate for a few minutes. Made me sleep better.
REMEMBER, the price for physical is NOT spot! Right now I see high premiums everywhere. Physical is still selling for up to 60/ounce. This is just the paper silver complex collapsing.
Got my physical out last night and played pirate for a few minutes. Made me sleep better.
Thursday, April 28, 2011
It's Official! Time to Bug Out!
Just had a very interesting phone call from a past business partner. Now before I go into the content of this call, a little background. This fellow, let's call him Al, is a very successful engineer with more than 55 years in the business. He is involved in one of the last large areas where US manufacturing reins supreme, or at least did until now. He is moving all assets off shore, including starting companies in China and Canada and shipping all future international work out of the US economy. He was maintaining a US presence to participate in US infrastructure projects, but those have all evaporated.
On to the call. Al is scared. "This is it" he said. Time to exit the US economy. By the end of the summer, he expects to hold only minimal interest in the US converting as much fiat as possible to hard assets or investing the money in his cross border ventures. Al is not a member of the financial elite, he is Atlas and he has shrugged. Until now, the collapse of the US was just an academic thesis worthy of a strong hedge. It is real and it is happening now. Slow motion train wreck. Buy physical on the dips, invest in strong companies real assets and help as many others as you can to understand the reality of our economic future.
On to the call. Al is scared. "This is it" he said. Time to exit the US economy. By the end of the summer, he expects to hold only minimal interest in the US converting as much fiat as possible to hard assets or investing the money in his cross border ventures. Al is not a member of the financial elite, he is Atlas and he has shrugged. Until now, the collapse of the US was just an academic thesis worthy of a strong hedge. It is real and it is happening now. Slow motion train wreck. Buy physical on the dips, invest in strong companies real assets and help as many others as you can to understand the reality of our economic future.
There it goes
Well as soon as I said it, the market proved me wrong. Silver has now broken higher, pushing towards resistance just under 49.50. Let's see if the momentum can push through to new highs. If so, we're in uncharted territory and anything is possible.
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