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Silver Wheaton Corp. Message Board

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  • yourdeadmeat69 yourdeadmeat69 Mar 14, 2012 5:28 AM Flag

    12-16 Mar Eco Calendar Fedspeak: No QE III

    Silver continues to sell off Wed night overseas on the absence of "risk" as the world makes believe it is getting "better", which is like pancake makeup on a Walking Dead zombie. The PPI/CPI pop this week Bernookie alluded to as "temporary" will be in the realm of an annualized 4.8% imho, but will be jawboned "away" at 0900 as the Bernanke kerfluffles about its "temporary" nature due to "gas". Talk about walking dead. And these are CPI/PPI where they've taken out most of food clothing and shelter from the equation. Pencils are getting cheaper tho.

    Well there's a lot of "gas" going into the market, but as long as lemmings follow, there you go. Futures are once again flat as a board, silver is off as much as 1.5%.

    As usual, first the risk equation leaves PM, then the industrial side ramps it back to where it once belonged. (oooooooooooooooooooooooooo)

    Max Pain is at $35 for SLW for Friday, spikes to 37 for the next option time frame, and settles back to $35 for the rest of the year. A rash, good phrasing that, of challenges abound PM as the dollar has improved a whopping 7% from the bottom. The US emerges as cream of the crap.

    Our presence in Afcamelstain and Iraq is drawing to a close. Our devil's bargain, pay for oil using petro dollars, made with Slobby Arabia by Nixon, allows us the meager value of 11 cents on the dollar since 1971, up from 10 cents.

    Let's party.

    GLTA.

    Judicious selling of calls at strike, and just above? turn this into a 26% annual yield-er.

    It's something to think about while all this kerfluffling proceeds.

 
SLW
19.22-0.40(-2.04%)4:02 PMEDT