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Silver Wheaton Corp. Message Board

  • dalerobin777 dalerobin777 Nov 2, 2013 10:24 AM Flag

    Barrick

    Looks to me like a combination of a downturn in silver AND gold possibly because of Barricks need to raise cash brought the sell-off in SLW . Think SLW will rebound fairly quickly as the Barrick deal should have been a positive for SLW. ( miners having trouble and less PMs being mined ) With manipulation throw out all logic though. Other oppinions on the downturn would be appreciated.

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    • “…With manipulation throw out all logic though. …”

      Orphan Annie

      Daddy Warbucks, in the Little Orphan Annie comic strip, was Paul Warburg. He was at the Jekyll Island meeting in 1910, as a representative for the Rothschild’s at that super secret meeting to acquire for themselves from all nations specie (PM based money). The plan was to issue counterfeit creating wars with themselves as the lender of last resort for both sides of the warring powers before and after the conflicts were over as the major part of their strategy from WWI, WW2 and onward. In effect they enriched themselves with “blood money”. In old photos Warburg certainly looks the part of a very evil character, not unlike the others at the Jekyll Island meeting.

      A major holder of Barrick is Nathan Rothschild, who served on the Board of Barrick until recently.

      Attempting to invest in part of the banking cartel works if the end game is to destroy the principles whose agenda is control of humankind. Joining in spirit will only lead to your own destruction.

      TA strategies are useless, except for long term investment.
      --------------
      Tomorrow

      Annie
      Just thinkin' about
      Tomorrow
      Clears away the cobwebs,
      And the sorrow
      Till there's none!
      When I'm stuck a day
      That's gray,
      And lonely,
      I just stick out my chin
      And Grin,
      And Say,
      Oh
      The sun'll come out
      Tomorrow
      So ya gotta hang on
      'Til tomorrow
      Come what may
      Tomorrow!
      Tomorrow!
      I love ya
      Tomorrow!
      Ikes
      The sun'll come out
      Tomorrow
      Bet your bottom dollar
      That tomorrow
      There'll be sun!
      Perkins and Ikes
      Just thinking about
      Tomorrow
      Annie, Perkins, and Ikes
      Clears away the cobwebs
      And the sorrow
      'Til there's none!
      Roosevelt
      Solo for the President .....!
      When I'm stuck with a day
      That's gray and lonely
      I just stick out my chin
      And grin, and say--
      All
      The sun'll come out
      Tomorrow
      So ya gotta hang on
      'Til tomorrow
      Come what may
      Tomorrow!
      Tomorrow!
      I love ya
      Tomorrow!
      You're always a day away
      Tomorrow
      Tomorrow
      I love ya tomorrow
      Tomorrow
      You're always a day away!

      • 1 Reply to hapiwondrer
      • In the winter of 2009, lawyer, investment banker, and advisor on capital markets to the Director of National Intelligence and the Office of the Secretary of Defense, James Rickards took part in a secret war game sponsored by the Pentagon at the Applied Physics Laboratory (APL). The game’s objective was to simulate and explore the potential outcomes and effects of a global financial war. Two years later, Rickards published what would become a national bestseller, Currency Wars: The Making of the Next Global Crisis.

        In Currency Wars, Rickards concluded that a dangerous global financial crisis was not only in the making, but that it was inevitable. Based on that financial war game inside a top-secret facility at the APL’s Warfare Analysis Laboratory, a historical analysis of international monetary policy in the twentieth century, as well as his assessment of the events leading to and adopted after the financial debacle of 2008, Rickards laid out the endgame that would result from the global financial chaos of the first currency war of this century; the collapse of the U.S. dollar and the eventual replacement of fiat money with a return to the gold standard.

        “The world is getting closer to that end game every day,” warns Rickards, who just finished writing the sequel to Currency Wars, titled The Death of Money, The Coming Collapse of the International Monetary System.

        Due out in bookstores next April 2014, The Death of Money picks up on the disturbing predictions outlined in Currency Wars and carries the analysis further into how the international monetary system might collapse and what new system will replace it.

    • I think it's a beginning of a bigger picture. investors money goes from one asset to another once the first asset hits the top. What I can see is SPY:NYSE shows some signs of reversal. US doing very poor, Europe does the same and Japan is going to nowhere I don't see any signs of improvements. When Investors will start to liquidate positions in SPY:NYSE all money has to go somewhere. I see only one alternative - PM. Gold chart tells me we are going to start to move for 1380 target. There is big gap in SLW - 24.37 which has to be filled. I think we have to hit this price before we move to somewhere. Between 19-24 of November 2013 will be a dividend record day for SLW. Who ever holds it gets the dividend. The price always goes few days before that day. I don't see anything which can bring the stock way lower.
      About SLW drop. SLW reviewing 2017 production since Pascua-Lama mine(Barricks mine) is delayed. Lots of big accounts who has been holding SLW for many years are dumping some of the holdings. Big accounts look forward for many years in advance to calculate what the SLW price is. I think it's too early to dump SLW.
      May be I'm wrong, then I will accept my losses, but I just use percentage of a probability to calculate direction.

      Sentiment: Buy

    • Can it be as simple as silver price moved down because the paper dollar moved up? Then the question becomes, "Why did the dollar move up? Perhaps because it hit a support level from 2012 and early 2013. hwb is 82.00 / 82.10. For any of this to make sense one has to think the PMs are also considered money by a large percentage of the folks worldwide and the PMs often move inverse to the paper dollar. Likely those who manipulate wait for a natural support area to do so as it would be easier there and once they create a turn the market would jump in to help continue the "trend". Since all the gold and silver stock moved down together I doubt the Barrick news had much to do with SWL moving down.

      • 2 Replies to sharpie3444
      • Id say Barrick had at least 50% of the reason for SLWs drop.. The Barrick issuing stock could have effected both silver and gold as Barrick is more of a gold miner. Mostly guessing here.

      • Thinking dollar ,. . .79.00 to 80.87 = + 1.87, retrace (guessed at) 79.74 + 1.87 to equal A wave is 81.61. Not to my 82.10 target, but "C" wave may extend a bit. Thinking the C wave will move higher at a much slower rate than the 79.00 to 80.87 wave, which was steeper than most A waves. Dollar on the way back down may find support at 79.00 again for a short time (SLW 29.17? ) Then break below 79.00 and head for the lower support level of 74.00, Which may give SLW a good Wave 3 up to the 35.00 level. . . . Why do I write this stuff? It makes me think. Hope it does the same for others and they reply with their ideas.

 
SLW
25.01+0.16(+0.64%)Aug 29 4:04 PMEDT

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