Silver Wheaton Corp. Message Board

What kind of low-life downgrades a post like the one above? The assessment of another that visited this m/b was spot on.

Before leaving this m/b...forever, here’s a little story for you. One of us contracted rheumatoid arthritis. A friend was acquainted with a medical doctor who was growing the “weed” in her backyard for patients. She explained that by placing the leaves in a container of isopropyl alcohol for a couple of days and using it as a liniment that it would cause the rheumatic pains to subside. It worked! Maybe the company could investigate this as something to alleviate rheumatic pain and sell it as such. It is especially difficult to watch people you love with this disease suffer and know there are treatments considered illegal without government sanction, but that’s the nanny state we must endure.

Good bye.

The benefits of Medical “Margarine” are well known. But don’t all of you have better things to do with your lives than worry about what you perceive as “bashers”?

The country is literally falling apart because of the corruption on Wall Street and Washington, DC, and here you are spending all your time worrying about a mole hill you view as mountainous. Your interest in this company won’t mean “jack” if things disintegrate economically nationally and worldwide.

Gad Zeus! The title of the message board (Medical Margarine, Inc) is also disguised by Yahoo. What's the CEO and her censors smoking? The first post wouldn't even allow me to sign out. Ooops! The DEA is banging on our door.

Ahhhh! The ” #$%$, Inc. Message Board”. Your Topic, “This message board”, took me to the Silver Wheaton message board. Other than your take on the scrouwed (purposely mis-spelled in case it requires login) up nature of Yahoo message boards, the designers of them still haven’t found a way to take a list of posts for a particular author to the correct m/b.

Hey moses,

Did you anger the censors...AGAIN!

Your topic doesn't appear on the list, yet it's still accessible. Have you an explanation for this (other than the above)?

If possible, please remove your tendency towards echolalia from your posts.

Frankly, the Democratic Underground is considered a subversive organization here. But sometimes information coming out of these websites exposes the type of information other sources would rather not see the light of day. That being said, your reference to this is too incomplete to find what exactly you cite. Please provide the title to limit search time.

The petro-dollar is understood as something that came out of WWII meant to keep the American dollar the worldwide medium of exchange by guaranteeing the security of Saudi Arabia militarily in return for access to its oil (Aramco). The ending of the Bretton Woods Agreement by Nixon in 1971, with his slick statement concerning the continued viability of the dollar, allowed its continuance until the current day when its disintegration is widely perceived as other countries are trending towards gold backing. That meant carte blanche fiat money printing by the private Federal Reserve System in which de Gaulle called the bluff of the international fiat gold pool requirements due to the expense of the Viet Nam War. Of course printing money has ALWAYS been the basis of wars, since the expense of such undertakings with objectives of world domination cannot be done by governments using legitimate money. That being said, ultimately the victors in conflicts are those peoples that adhere to the strict usage of specie while adversarial countries engage in monetary devaluation as a funding mechanism for their militarism. This was the case of the Byzantine Empire until it violated what George Washington termed “entangling alliances” and the Byzantine Empire became embroiled in expensive military conflicts resulting in its decline during the Crusades.

Since you responded to the Hapi post, but did not mention the Jekyll Island book, would you provide your feedback on your opinion of its contents? That would give some indication of your regard for fiat money’s impact on all that are required to use it by law.

“...lets keep our eye on the ball and focus that this company is growing its mining bases and is MAKING money ...

Yes, but let’s not be one of those that fails, either deliberately or out of ignorance, to find where the downturn ends, and an upturn begins. All us little people are in a war against a bunch of elitist PIIGS whose objective is to rob the wealth of everyone, transferring it into their own pockets. We have no one in government, the media, the business community, educational institutions, religious organizations and a host of others captured by bankster money to go up against these manipulative criminal bankster objectives to steal from others by illegal means. Notice, as usual, that today the plunge did not take place until immediately upon entering the NY market. This has been going on, literally, for YEARS.

This is a liberty destroying process that creates economic slaves. It is important that we try, the best we can, to provide the sort of information that will cause people to succeed in their PM investment decisions, rather than have them spend limited resources at the wrong time, thus having no means to prevail successfully by investing at lows and selling at highs.

DO NOT AVERAGE DOWN. Wait for the bottom. There was a poster on this message board not too long ago that suggested a “double bottom” had taken place. That displays a level of ignorance suggesting many are going to fall for the fake painting of chart patterns not driven by enough volume to be relevant.

The pricing in the PM markets indicates that they are trending towards permanent “backwardation”. This is the final state before hyperinflation, where no amount of “legal tender” will satisfy those who may be vendors of PMs. The premiums being quoted for dollar amounts over published spot prices are an indicator of backwardation. There are many good accounts of this on the Internet. Look up Antal Fekete and his many articles on the phenomenon.

Backwardation is characterized by PM pricing in the futures market (paper gold) where the price for future delivery is lower than the current spot price. Observe your question and ask yourself if you might be describing “backwardation”. Hoarding of PMs is taking place because of a loss of confidence in paper money making PMs unavailable. Get assurances from any PM vendor that they will deliver to you as promised according to the delay they are quoting, or else you might only expect to get your “money” back. This is already happening in some large transactions that have taken place at bullion exchanges in the UK where customer were unable to take delivery and had to accept paper money instead.

What many fail to realize is that most wage related issues are based on fiat money. The control of populations by the elite is through the printing of money by central banks. This, of course, means fiat money loses value, which in turn paves the way for labor actions to increase wages. It becomes a vicious circle where economies slowly implode, businesses try to find ways to survive, politicians are captured by the business community for special interest legislation, and many other deleterious socialist type agendas come to the fore, LIKE THE MINIMUM WAGE, all because of the fraudulent un-Constitutional “money” printing (or the bringing into existence the digital type) by central banks.

Life is difficult, and real progress is onerous. Buying into the gifting of money by governments is a lose/lose game that will eventually implode in disastrous ways for us all. The understanding of this is key to reversing the objectives of elitists and their bankster allies to make slaves of us all because the definition of money in our US Constitution is being ignored by nearly all in the US Government and all centrally controlled mass media outlets.

Whenever this argument is proffered out of the woodwork comes the anti-real money crowd. They state that there simply are not enough PMs to cover the exchanges that takes place. They conveniently ignore that PM valuations are manipulated, as all have previously witnessed by the take-down that has taken place through future market activities. This becomes a concept that is difficult for most to understand, and that is how criminals always get away with their thieving ways. But it paves the way, or so the bankster crowd believes, the assurance that fiat money will remain in existence. Try to buy PMs at today’s listed prices. It is not available except for premiums above listed prices with long delivery delays. That is a process called backwardization, the beginnings of hyperinflation.

First of all, in regard to your comment (in part):

“...just make suggestion over there that the glut doesn’t exist. ..”

It was never suggested that a glut doesn’t exist. In fact there was a widely circulated photo taken from an airliner window by an airline passenger arriving towards Singapore that showed miles of ships sitting idle due to overbuilding AND an economic downturn.

Further it seems that you choose to slant your take on the “glut” as being solely due to overbuilding. The Harper Petersen Index indicates otherwise, which you avoided addressing. On the one hand this can be regarded, in part, as a reason for the downturn in the PM sector. But it is fact that the US$ has lost 97% of its value since the passage of the Federal Reserve Act in 1913.

Then there is the huge corruption in the US financial industry that is stealing prosperity by such things as high frequency trading that puts many million$ (even billion$) into the pocket of those who do absolutely nothing that is productive. Couple that with regulators here who do nothing to put a stop to criminal behavior in the financial industry and what is lost is faith in a system that no longer possesses the required level of honesty to produce the level of prosperity previously enjoyed in the United States.

Obviously the above conditions produce a flight to safety and an unwillingness to take even minimal risks when the Wall Street deck is stacked against them.

As far as commentators being so inaccurate in their assessment of future events, there is complete agreement here, at least on when events will take place. That was previously stated on other threads, which you are welcome to visit.

Wikipedia has a description of the Baltic Dry Index (BDI). Near the end is the following statement:

“...During 2009, the index recovered as high as 4661, but then bottomed out at 1043 in February, 2011, after continued deliveries of new ships and flooding in Australia.[15]

Though rebounding to 2000 on 7 October,[16] by 3 February 2012, the index made a new multi-decade low of 647 on a continued glut of dry bulk carriers and decreases in orders of iron and coal.”

Part of this appears to support your premise of a glut, but you have not provided references to how the glut has remained over this many years as you imply that the glut was solely due to overbuilding of new ships. Wikipedia does cite “...decreases in orders of iron and coal”, which translates into the assumption of lower economic activity and not an economic recovery as mass media sources would have us believe.

The Harper Petersen Index is more direct in its summation of the amount of goods shipped by containers. It shows a drop beginning in 2005, somewhat of a recovery in 2007, then a continuing drop through 2008 to a low beginning in 2009, which compares to the drop in the financial markets as well. It then moved upwards but has plunged again ever since the beginning of 2011. It would seem from this that the shipping glut is also reflected in a much lower volume of containers. So this refutes your statement that “...that global trade in dry-bulk materials is strong enough ...” This index, by the way, includes a wide range of goods, and not just commodities. It therefore should be deflationary in its implications except for the fact that fiat money continues to deteriorate in value.

Interestingly Yahoo is turning the cookie requirement on and off for Interactive charts. Late yesterday indices like the DJIA & NYSE were accessible without enabling cookies. This was not true for the charts of individual stocks. Currently access for all Interactive charts requires that cookies be enabled.

Take from that what you will.

New also is a “Password” option window to “remember” passwords when posting messages. Yahoo is getting really creepy. We are not computer “geeks” here, but that suggests further privacy intrusion by Yahoo. If you store a password on your computer that tells Yahoo a bit more about any who might use more than one screen name. If that is an anti-spam measure perhaps it will be used to identify those who have been putting all the spam on message boards with 100’s of inane messages praising the value of particular websites, probably originating from the same computer. These usually have a URL located in India. We’ll have to see if this is effective or whether its usage has additional unrelated purposes. (???) That should become apparent if the spam disappears but the requirement doesn’t. If cookies can be turned on and off for charts, so can anti-spam efforts when spam becomes problematic.

No! Yahoo Interactive charts are only partially active. Unlike the free chart services previously noted, Yahoo is requiring cookies on specific charts. In other words they will display the Interactive chart provided you give them the information (cookies) that you are interested in seeing it. They will then, of course, pass that information on to their bankster friends to assist them in their trading strategies.

Complaints apparently are effective, since Interactive charts are now available. Or is it just a coincidence?

Most on PM fund message boards have bought into the idea that they are spreading risk by buying into these funds. The problem is that many of the managers have no incentive to outperform what any of you can do on your own investigating individual mining stocks. All they are interested in is collecting what is due them as managers along with any other costs associated with running the fund, which doesn’t include rewarding shareholders.

Let’s take one example. Yamana Gold, Inc (AUY), like most in the PM field got hit hard in late 2008. Anyone who had bought back then around $4 per share, even today with the plunge in PMs, would still be doing quite well, and the dividends are now approaching 10% based on the share price back in late 2008. It is, by the way, a component within USAGX. Why would anyone want to reward PM funds, like USAGX, with their “money”? Some, like Tocqueville are doing better and are near the top of the Morningstar Equity Precious Metals list for Total Returns.

The best way to discipline bad fund managers is to sell their product and, if you must, invest in a PM fund where the management actually provides better returns than others in their peer group. The Morningstar list mentioned above is a good tool to identify such a fund.

That is a much better strategy than coming on a message board with complaints about fund performance and expecting it will somehow cause intransigent managers to get off their duffs and improve performance. They could not care less.

As far as this being a bad time to sell, or not, if there are better alternatives (above) it is NEVER a bad time since you will experience better gains from that point forward. Of course you can continue to stick with USAGX and experience sub-par gains on a relative basis going forward when the PM market recovers.