The only problem that you may have is that if you own SLV paper Silver Eagle sales are not relevant to you or people who have their money in the losing battle of SLV scam.
Sentiment: Strong Sell
You will wind up losing your yoyo butts
You boys and dirls are going to lose your YoYo Butts in this JPM Scam!
Sentiment: Strong Sell
Coming to the Paper Market that you are in but not to us who own physical that we can hold in our hands that you and others who are invested in the JPM silver scam will never enjoy.
The take down of Gold and Silver is an orchestrated event. Gold and Silver will turn around very shortly.
The Comex vault and the LMBA vaults are being drained of both metals and both metals are in short supply.
Staying in SLV or trying to dollar cost average at the low price will gain you nothing as the physical market
overcomes the SLV paper market. Buy Physical and that is your safest bet.
Sentiment: Strong Sell
Mr. China Rocket, you have no idea what you are talking about Sir!!
Sentiment: Strong Sell
Sorry that you act like a child. You have no idea about the true Silver market.
Sentiment: Strong Sell
StumbleOften, To add to my previous reply, Physical Silver will be in triple digits very soon. JPM and Morgan Stanley (covering Gold GLD shorts) both are scared to death and covering their short sales as quickly as they can. All in all both will lose very badly and another investigation will ensue as JPM covered up their dirty deeds in the Libor Scandal. JPM is way greedy and a criminal bankster as is
Morgan Stanley. Just warning you as honestly as I can to get out. More savvy information concerning the precious metals market can be absorbed by going to King World News and The Silver Doctors. The truth is spoken there. The SLV message board is absurd with the bashers and hopefuls that SLV will pay off, but the fact is that it will not. Your choice and decision. I hope that you and anyone following this post will be intelligent enough to do the right thing for themselves.
Greg
Sentiment: Strong Sell
Yes there is an unknown expense that you will incur before spending Silver from bars. Assay expense to you as to prove the price. I would stay away from bars either in Silver or Gold as there
is the expense of assaying before value. That is why bars are cheaper, but the assay charges will
be double the difference between what should be paid for example an American Eagle or Canadian Maple. Something you might want to think about. I will say that if you are in SLV, the best thing you can do is sell out, take your lumps and buy Silver Coins. About two years ago I had several thousand shares of SLV until reading and studying the market from top to bottom. I took my losses
and kissed SLV goodbye after discovering what a fraud it became with JPM after the Lehman takeover by JPM of the SLV ETF. I can go on and on trying to tell SLV investors to get out as I have done for quite some time. SLV is the tool that Blythe Masters (JPM, London commodities Chief) uses to short SLV to try to control the the physical price of Silver,which she has been successful at
doing so for the times past and in the current, however physical Silver demand is rapidly taking over the SLV paper market as physical Gold demand isl taking over the paper SPDR Gold Trust. It is only a matter of weeks or not longer than 60 days that SLV will very much in fact disconnect from The Comex. JPM is simply taking your money and SLV paper will become worthless as you will never, ever be able to acquire physical Silver that actually does not exist.
Best Regards,
Greg
Sentiment: Strong Sell
Paper Rots Physical Silver does not. Try to buy Physical Silver and see how long it takes to get it in your hands. JPM's (SLV) is paper sucker play, oh I know it's liquid, I have heard that argument many times.
When JPM's 90 Trillion dollar derivatives market crashes along with the 1.25 Quad Trillion in world derivatives, you will wish that you were holding physical Silver instead of paper.
By the way whoever this Extr poster is, is a total buffoon!
Sentiment: Strong Sell
How wrong you are my friend.
So sorry for all of you that are way, way behind the curve in intelligence.
Sentiment: Strong Sell
If you own SLV, I feel sorry for you and others. You are the dummie!
Buy physical and dump slv for your financial welfare!!!!!
Sentiment: Strong Sell
When JPM disconnects from the Comex. SLV does not reflect the true Silver physical price. Bythe Masters (JPM LONDON) is screwing SLV holders to the wall. Banks are causing the stock market to rise, not investors! Gold and Silver are being manipulated by the Fed and US government. JPM does not own enough physical Silver in Scotia, or Delaware to cover the paper that you hold. You are better off getting your cash out and putting under your mattress or buying physical Silver and hiding it out of the banking system. A Systemic banking failure including JPM, BAC, Goldman Sachs and others is in the making and very soon. Now you have Obama urging banks to make loans to non worthy borrowers for new home loans. This is a repeat of 2008 housing bubble sub prime loans. The truth is spoken here. You are on your own.
Sentiment: Strong Sell
As you no doubt have heard by now, the government of Cyprus announced Saturday morning (when the banks were closed) that they would impose a 'levy' on bank deposits.
Originally they announced levies of 9.9% for accounts above 100,000 euros, and 6.7% for accounts below 100,000 euros.
In the face of such a massive backlash, they're now talking about increasing the levy on larger deposits to 12.5%, and reducing the levy on smaller deposits to 3%.
A final vote on the measure won't come until later this week. But they have imposed a mandatory 'bank holiday' this week to prevent people from withdrawing their savings.
And, according to the draft legislation, anyone who doesn't hand over the money will be thrown in jail.
Now if this doesn't prove the point of what we've been talking about for so long, I don't know what will.
Cyprus is totally broke. And as we have discussed, bankrupt, insolvent governments have a very, very limited playbook that almost unilaterally involves stealing from their own citizens.
Bankrupt governments can, and do, steal from people. Pensions funds. Private property. And yes, even bank accounts.
This has happened so many times before throughout history; just over a decade ago in Argentina, for example, the government was in the middle of a debt and currency crisis. They shuttered bank accounts and completely vanquished the savings of their citizens.
Here's my advice, plain and simple: do not hold the preponderance of your assets in insolvent, bankrupt nations. This includes the United States, Japan, and most of Europe.
Rather, move at least a portion of your assets to stable, independent countries. These are the same places that we routinely discuss in this column-- Hong Kong, Singapore, Chile, Norway.
An Argentine friend of mine is staying down here at the farm with me, and this morning over breakfast I informed him this morning about what happened in Cyprus.
"Duh," he responded. "What did they think would happen..?"
It just goes to show, there are two types of people-- (1) Those who know that these things happen, and (2) those who refuse to believe that these things can happen.
One group will be able to protect what they have. The other will become victims.
Which one are you?
Sentiment: Strong Sell
The Bilderbergs Elite are behind the debasement of all world currencies. The only way we can defeat them is to buy physical Gold and Silver. Uncle Ben is also a member of the Bilderbergs!
Sentiment: Strong Sell
Don't forget the American taxpayer is on the hook for the government debt, not the government.
The Federal Reserve is not a Federal appointed agency, but the U S Treasury Department is and they
can consfiscate every dollar a citizen hold in the bank.
Sentiment: Strong Sell
Stick with SLW, you cannot lose.