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Silver Wheaton Corp. Message Board

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  • Reply to

    What is going on

    by sunbrookplace Jul 23, 2015 3:24 PM

    Again, MOSES; you are SO right. Not a good feeling but SO RIGHT. My understanding is; it's not solvent now; i.e. after last week. You are so right; PONZI. My old man was talking about how #$%$ he was about SS this and that; I pointed out to him that he's now taken out 3 times what he put in, etc.; no answer, figures.

    Sentiment: Hold

  • Reply to

    What is going on

    by sunbrookplace Jul 23, 2015 3:24 PM
    moses_on_wall_street moses_on_wall_street 2 hours 48 minutes ago Flag

    Remember.... it is US government IOUs that are held by Socialist Security, the scam used to enumerate and enslave the American people.

    Wanna bet how long that Ponzi scheme remains solvent?

  • this is the worse disaster in the whole mine field of disaster.

  • Tried to warn my POOR sweet amateur silver/gold SUCKERS and BORN FAILURES, again:
    ======

    WARNING: ladies, Great Panther Silver CRASHED today, the DYING canary in the stinko silver mine, and the first in a WAVE OF PANIC SELLING about to massacre ALL the USELESS silvers/golds....very much DESERVED!!! Girls, how many times were you warned that the sick miners ALWAYS predict the future action of the rotten bullion itself---and having FAILED completely as a "flight to safety," SLW pigpuke is one of the WORST bubbles ever seen in USA market history!!!! Soon it will DIVE INTO THE TOILET where it rightfully belongs!! LOL

  • Tried to warn my POOR sweet amateur silver/gold SUCKERS and BORN LOSERS, again:
    =====

    NO FLIGHT TO SAFETY value = WORTHLESS WORTHLESS WORTHLESS!!!

    MASSIVELY BEARISH trading action in ALL the FATALLY WOUNDED silvers and golds.....look for a PANIC SELL CRASH to massacre SLW mega bubble at any moment...much DESERVED!!!

  • they need silver for production of the film.how many dr. s can get bye without xry film?

  • Nope, $1 TRILLION dollar company. IF, IF this system catches on as it should; do you realize the size of this market? You're talking about a complete face lift of the combustion engine market. How much is that worth? Yes, maybe dreaming but IF it is what is seems to be; it's all very, very possible. Doesn't matter though, I love your valuations no matter what happens in the future; want to give a time perspective? Though, I see you have tinge of "fecetious" in your voice; i.e. "not a penny more"????????? Need more fun like this around here.

    Sentiment: Strong Buy

  • Reply to

    What is going on

    by sunbrookplace Jul 23, 2015 3:24 PM

    Punt, you are SO right; I wouldn't own US long term debt if it meant my life and for many retirees that's exactly what is at stake. I believe by 2020 you will see 30 year US Treas at 50 cents; is a 3% return really worth that kind of risk? Problem is; most retail clients don't understand the high risk they are taking right now in the Treasury market. It's not going to happen overnight; well, yes it wil, it just isn't going to happen right now on a calendar basis. It's amazing how little affect the PR failures have had; a canary in the mine if you ask me. It's coming.............

  • China needs to back their currency with goldand the cuinese are now learning that they should buy gold for safety rasonsjf i am right, slw will do just fine, sitting on 6tonnes of metals in their inventory

    Sentiment: Hold

  • This is going to hit $3

  • Reply to

    What is going on

    by sunbrookplace Jul 23, 2015 3:24 PM

    I agree, but what has been happening is that every time there is a panic in foreign markets (or in foreign affairs for that matter) money seems to be flowing into Treasuries- and yet, as the Puerto Rico debacle has just demonstrated(some of their debt is now valued at virtually zero), U.S.-linked debt securities are anything but a slam-dunk.

  • Reply to

    What is going on

    by sunbrookplace Jul 23, 2015 3:24 PM

    I really need to talk with you one on one. So far, throughout history, SLW HAS shown itself to be a great proxy for PM's. Do you think this will also be the case when silver works itself over $100 an ounce? This is the ONLY reservation I've had versus holding physical. I am heavily loaded with physical at this point and was thinking of using SLW as a proxy (like yourself) versus holding another 15,000 ounces of silver. Do you truly think that SLW will proxy well when prices go over $100? Some are saying that SLW will actually be leveraged above spot quite a bit when it gets over $50 mainly because of the high payout on the dividend and when it gets above $30 the dividend really starts kicking in exponentially. Would truly appreciate your expanded comments on the "proxy" question if you have the time. Regards, Mike P.S. - I'm a "Sell" only because I feel Silver still has some work to put in; PM's are still not "hated" enough for a bottom.

    Sentiment: Sell

  • Anyone who has ever traded metals has experienced the "hate" that always comes with the market. The great thing about it is; opportunity. Such "hate" gives us great opportunity. Everything going on with SLW is just a temporary bump in the road and with the future massive add-on streaming coming for SLW; it won't even be a decimal point in the bottom line. You are being given a rare lifetime opportunity to buy one of the best stocks ever created. Once the dollar gets done with the global flight to safety run up and the hens finally come home to roost in the US after the Euro zone and Japan collapse, it will be the U.S.'s turn. It will take some time over the next couple of years but, after you buy SLW below $10 a share; within a couple years they will be paying out a $4 a share dividend with their 66% payout. It's coming. How many people can spend twice what they make and it end well, no one. Not even the U.S. with their owning the reserve currency; it ALWAYS corrects. The markets ALWAYS come back to status quo no matter how much manipulation is involved. The bashing can now commence; just remember when and where you read this a few years from now and how happy I will be sitting in my easy chair taking in $4 a share dividends. Be happy for this happening; a HUGE opportunity for us, the little guy. Selling now; buying BIG later.

    Sentiment: Sell

  • Reply to

    What is going on

    by sunbrookplace Jul 23, 2015 3:24 PM

    There's been a lot of flash crashes showing up lately in the Futures market for PMs. Spoofing/manipulaton, plus algo trading reactions are causing this volatility.

    China owns trillions in US Treasuries. Concurrently, they also own a lot of PM (Gold). Let's just say that Gold and Silver are synonymous at this point. The reason that China is stockpiling large quantities of gold is due to hedging. If the price of their US Treasurys holdings goes down, then their gold holdings go up in value.

    Additionally, China wants the yuan to be included as a primary currency in the SDR basket and to strengthen this goal, they need to accumulate an amount of gold that's about 2% of their GDP.

    Because, if you compare the gold reserve/GDP ratio of the U.S., it's around 2.5%. If you look at Russia, it's also about 2.5%. Europe is about 4%. But if you look at China's gold percentage to GDP, it's less than 1% using official figures (but of course they've been sandbagging how much gold they really have). Nevertheless, even factoring this in, they've still got a ways to go to catch up with the other developed countries, which means they've still got a lot to accumulate.

    If the price of gold weren't manipulated lower from time to time, then China wouldn't be able to catch up with the rest of pack and wouldn't be able to acquire enough because of the price appreciation. I think that TPTB want to help China accumulate gold at lower prices to get them to a level of at least 2.5% of GDP. But since they're a large market/population, that's going to be a lot gold to accumulate - relative to say, Russia or even the U.S.

    When China reaches gold reserves that are 2.5% of GDP, you won't see anymore suppression of gold prices and we'll see real price discovery.

    Now, in terms of Technicals: RSI is still oversold (which is good) and MACD is now starting to turn up. Just wait it out and also sell some Covered Calls to average down.

    Sentiment: Buy

  • Silver is getting killed on anticipatory rate hikes no matter when, but with China crashing, it's no wonder they'll find excuse after excuse to put off this "inevitable" event, having waited through the "7 year cycle" so adroitly, it's "time" for the next recession!!

    Are you doubling down in SLV/AGQ/SLW or just riding the shorts? or just riding. For those in at $44, there is genuine pain here, not fun.

    Owl b beck.

  • Tried to warn my POOR sweet amateur silver/gold SUCKERS and BORN FAILURES, again:
    ======

    WARNING: ladies, Great Panther Silver CRASHED today, the DYING canary in the stinko silver mine, and the first in a WAVE OF PANIC SELLING about to massacre ALL the USELESS silvers/golds....very much DESERVED!!! Girls, how many times were you warned that the sick miners ALWAYS predict the future action of the rotten bullion itself---and having FAILED completely as a "flight to safety," SLW pigpuke is one of the WORST bubbles ever seen in USA market history!!!! Soon it will DIVE INTO THE TOILET where it rightfully belongs!! LOL

  • Reply to

    What is going on

    by sunbrookplace Jul 23, 2015 3:24 PM

    I agree. I love taking a large position in SLW here against short metals in the feeling that the trade is epic at these levels. Bring the metals down I say, any time I can buy an ounce of silver forward for less than spot I will take it. I hope they drive an ounce of silver under the cost of a fast food lunch. About even right now which is completely insane yet a beautiful thing.

  • I love to see these posts, tells me the bottom is in, at least temporarily

  • it sure takes a lot to mine silverequipment, etc.

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