The rotten gold/silver industry only exists to pollute the environment....and the self-serving gold/silver execs rape their own bagholders time and time again, pouring whatever dirty profits they make into their own pockets, always to the detriment of the masochist bagholders #$%$ enough to place a single dollar into the ZERO VALUE industry.
The imminent PANIC SELL gold/silver CRASH is much DESERVED, could not happen to more DESERVING scumsters....and any typically slimy banks or funds who are placed a single dollar into these silver/gold trash piles also DESERVE their CERTAIN LOSSES!!
as long as there is an OPEC/US$ hegemony and people need oil...it will be JUST about the dollar.
wars cause people to lose faith in governments and their fiat and tent to bode well for precious metals....we need a war.
silver/gold is UP in a down market day continuing to affirm the inverse correlation of PMs to an over priced broader market and the US$.....PMs strong hedge to overvalued market conditions and dubious short-term dollar valuations. Anyone not considering at least a 5-10% position of PM exposure right now is a fool...why would you bash PM investors? The writing is on the wall that a PM position is prudent at this time.
How many times did I warn my POOR sweet amateur SILVER LOSERS and BORN FAILURES.......every one of slimester JP Morgan's pumps of these ZERO VALUE silvers and golds has been a PUMP SCAM...ALL OF THEM!!!
Sorry girls, but this pathetic DEADCAT bounce in your WORTHLESS golds/silvers has NOT been confirmed by the smaller JUNIOR stinkers (e.g. Alexco, Great Panther, Richmont, Goldenstar, etc. etc) and that PROVES WITHOUT DOUBT it is another SCAM RAMP job by the slimy banks and funds to SUCKER my POOR sweet gold/silver FAILURES into buying even more WORTHLESS gold/silver CALL options, again!!! ROFLMAO.....girls, as per Graham and Dodd, a sector can NOT possibly be undergoing a genuine sustainable uptrend when its JUNIORS repeatedly refuse to confirm the upmove.
Look out BELOW, girls, because RELATIVE to its DYING sector of silver and gold stink, this SLW trash is THE most obscene mega-bubble in USA stock market trading history---and its PANIC SELL CRASH is coming at any moment
oh my POOR sweeet gold/silver SUCKERS and BORN FAILURES!!! ROFLMAO
The big news was the quality of jobs has increased, probably for the first time in about seven years. Wages are still at a creep though, so those pundits I see on the yahoo financial funny papers touting a Fed change to the language in December expect the Grinch this XMAS--it's not going to happen. On the other hand, January is looking more and more like the month for language changes.
Meantime Europe is getting on the currency devaluation QE bandwagon, as if a 15% decline in their currencies vis a vis the US isn't enough to kick start their economies. And gas and oil will continue to get cheaper weighing on the inflation picture, as if cancer of the currency were a good thing.
The lesson learned here? You can't have half the world loosening, while the other half tightens, without huge imbalances. We're either all Austrian, or Keynsian, to have effect worldwide. You may not like the effect, but at least we all move in the same direction.
It is what it is, however, and it still is no environment for silver and gold. Yet.
In the meantime, after seven lean years in the retail arena, it's looking like a C+ B- year for the economy. That will get you a diploma, but not the big job offers you get if you're magna cum quickly.
Someone(s) somewhere need to be the vanguard in the restoration of sound money, but in my opinion the coinage should only be a specific weight and the value should float. That would allow the market (the real market that is) to set the value, which is the ideal situation.
Still it should follow silver and gold prices, other streaming companies where 2-3% down today
but those isis guys want to put their new country on the gold standard- they want to use gold and silver coins instead of paper money- we kill too many of those guys that will hurt their chances of winning the war
Nah. They're usually just peasants, without sufficient resources to purchase silver.
maybe starting a war would not be such a good idea- even though we decrease the supply of silver when we detonate a cruise missle, we might also be decreasing the demand- the people we kill might be buyers of silver coins and bullion- i think we should pass on wars as a means of increasing the price of silver
Let us not forget the jobs created by the holidays and that will be gone in early January. The numbers represent purposeful smoke and mirrors.
options are normal not big open interest or volume in contracts in the money expiring today, maybe people was expecting gold and silver to plunge harder today and they are looking at the lower than expected fall as bullish for the stock who knows.
SLW would be a good acquisition for a large electronics manufacturer who might be concerned about silver supply issues in the future. But I'm just speculating.