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Sprott Physical Silver Trust ET (PSLV) Message Board

idealcarpentry 664 posts  |  Last Activity: 18 hours ago Member since: Nov 28, 2008
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  • idealcarpentry idealcarpentry 18 hours ago Flag

    Question ? How many contracts were they able to cover the last drop ? As far as the slv shorts it seems they didn't cover a single share and added only 84 k shares as it went back up.... Personally I believe the actual volume here in SLV is VERY LOW... Probably much like what PSLV shows in volume... Like you said , the HFT scam programing is in full effect ... Just how much longer can that continue is anyones guess but I think the first sign to see that its caving in will be hearing about mine closure ... That and huge loses and cash getting burned from all miners...

  • idealcarpentry idealcarpentry 19 hours ago Flag

    Two things for you Mrs queen or mr king. : ) Or is it MR queen or Mrs King ? LOL Not that there is anything wrong with that ....

    { What TV show was that quote from and win a prize }

    First take out 50 k shares of xlv and then go look at the inventory numbers... See if the fund actually increased their holdings in real silver.

    Second , Who do you think is shorting these Millions of shares of xlv ? You / Me ... Brokers will love to take your money and take the opposite side of the trade and do whatever it takes to push you out at a lose...

    Third , I mine as well give you one more ... After you take out those 50 thousand shares go ahead and request your real silver and get back to us and tell us how it went... LMFAO ... Some of the worst complaints I have ever heard from people buying real silver came from buying from I think it was North west prudential ..Or some other company. The people waited months before getting their silver... I bet that will be nothing compared to what you will deal with from JP #$%$ ... So good luck to you and have at it...

    PS... Like Skarry said MFGlobal .. Perhaps you should seek out and find one or two of those investors and talk to them and see how things worked out with that event... AKA Obamas BUDDY ran the fund.. OOPS

  • I look at silver much like I look at what transpired in the housing market here in S.F. Ca. Land here is scarce and 25 years ago if you bought anything and everything you could and held onto it for that time frame you would have experience some big jumps along the way... I had a 1 bedroom house that I bought for 150k and now its worth 750 k ... Even though during the coarse of those 25 years we had some ups and downs it always held higher values or achieved higher values not to far in the future. The reason being is no land space and high demand.

    Silver is in much the same situation... We have very little supply to feed 7.2 BILLION People and the demand for silver is growing... Not just in industrial need but in investment demand as well. Yet our supplies are very limited... No matter what others will try and tell you. Cost of mining are most likely at its minimum cost to mine and from this point looking forward can only grow in cost. So I am buying more then before and simply have no problems sitting on it and waiting for the next price bump... Silver has been suppressed for so long I think what we will experience will be price bumps of larger jumps and closer together. Just like what happened with housing here in S.F. Ca.

    Once more people realize just how important of a material this is and how there is a gift already sitting in just waiting for you , Thanks to price manipulation . I think we will see some real fast moves in the short future . ( 5 Years ) . Thats my prediction and will stick to it... I think in the end we we will be seeing over 50 dollars 5 years from now.

  • idealcarpentry idealcarpentry 21 hours ago Flag

    Hey Skarry. How goes it ? Digging any dirt yet or still to cold ? I was looking at last month to this months short shares and was AMAZED at just how few new shares were shorted... Not only weren't they able to cover any when we went 1.50 lower but they also were only able to add something like 80k shares short. Perhaps much less volume is now entering SLV ... I know beginning and end of year its coming from fund managers ... But now volume is probably only coming in drips from day traders...

    I know you were expecting much higher prices by now but it seems the paper game still has strength to decide where and when things happen... I hope they can continue this awhile longer. I enjoy buying things I know are at a discount....

    What I think is really going to be interesting is when the world wakes up to deflation instead of this phony growth the media likes to talk about... Every country now is fighting with each other for trade / JOBS... Its getting cut throat... And only will get worse...

    PS. What still amazing to me is just how few people stack... I have done the math in many ways and no matter what i do the numbers still come out to be a very small number for world wide population... My god .. The shorts better be religious and PRAY our numbers don't increase because if they do { WHEN THEY DO } Its going to be GAME ON Or GAME OVER For them....

  • idealcarpentry idealcarpentry 22 hours ago Flag

    Very Smart man. : ) Life is to short... Especially at our age : ( LOL I pretty much do the same. Maybe not as diversified as you but still diversified. Your talks about % of GDP... Well I don't think the world has ever before been in this such state of affairs. Not even in the Great depression times... Also like you said things are much more complex then before... Makes it easier to hide things that way... Much of what we are told is not even close to the truth... Another big problem... But all you can do is hope when #$%$ happens you are on the right side of the street sos not to get it all over yourself...

  • idealcarpentry idealcarpentry 22 hours ago Flag

    I am pretty sure the reasons why have been explained more then once... Even more then 10 TIMES... So either figure it out why for yourself or ask someone else . Im done trying to tell people why SLV is a SCAM...

  • idealcarpentry idealcarpentry 23 hours ago Flag

    Stumble. I think the real problem that might occur going forward with silver could be a two part problem. First is Deflation . If this happens Miners just might be forced to slow and or shut down... If this happens its especially bad for silver because as we all know silver comes 75 % from by product mining. The second problem that will only heighten the first is the stackers.. I don't see any let up so even if stackers numbers don't grow I think they will effect supply issues going forward... Time will tell.

    I certainly don't see good times ahead for the dollar or any fiat currencies ... Countries are all going to be forced to buy their own debt and print till the cows come home. That or have massive layoffs which again sends things into a tail spin and just makes the problem of debt that much worse..

    I see this as a coming end to a long drawn out story...

  • idealcarpentry idealcarpentry 23 hours ago Flag

    I don't know about that ? I think its still going to take a real Short supply issue of silver for anything real to happen with silver. Personally I hope everyone gets it by now not to be buying SLV and instead buys real silver only but I don't think they do get it... Most people are LAZY and Stupid.... I think its going to take a few more years of stacker numbers to grow before we really see a problem . The paper game is to easy to control things with and obviously the Gubment is behind helping the banks and brokers out to keep the dollar afloat as long as possible.

    Our Debt bubble will continue to grow just as the worlds debt bubble will continue to grow. But much like dominos , Once one country falls the effect will be in motion and the rest will fallow. Greece just might be the start... Or Japan... There is no more growing your way out of this mess...

  • In which I mean some silver and gold... That time of the month again...

  • idealcarpentry by idealcarpentry Mar 25, 2015 7:42 PM Flag

    Perhaps that is what China rocket keeps hearing from ? He continues to call out for under 8 dollar silver... Maybe Mr Scrooge was visited by the host of christmas past to try and get him to mend his wicked ways...

    Time to wake up old man.. The days of 8 dollar silver is long gone... Spend all that fiat money and get yourself a gold and silver parachute ....

  • idealcarpentry idealcarpentry Mar 25, 2015 7:33 PM Flag

    Despite what the bureaucrats in Brussels would have their citizens believe, a falling currency is not good for anyone that bases their hard earned savings and wealth in that currency. It makes everyday goods more expensive and the standard of living drop.

    Of course, the government cares little, if at all, about the plight of the man on the street, as they are more worried about inflating away government debt and reducing the true value of what they owe their creditors.

    One true protection in this scenario is precious metals, yet this seems to get no mention by politicians and the mainstream media. No surprise there, given the complete disdain these parties have towards honest money.

    Will the EU reach parity, or will another country make its move? Time will tell, as this is an ongoing war that is not fought in broad daylight, but rather behind the scenes. The currency wars rage on.

  • idealcarpentry idealcarpentry Mar 25, 2015 7:32 PM Flag

    LMFAO... I thought so... You got nothing to say as usual... Im still waiting three years now for your call of under 8 dollar silver... I guess that was more BS just like you are posting here.. If I ever decide to sell my homes I will make a fortune off this Debt bubble... And I will also make a fortune once it pops... I win either way... So I hope you stay short just like Lehman brothers and bear sterns did... Didn't end up well for them and it won't end well for you either...

    So keep posting your BS because nobody is listening to you anymore... I KNOW ALL... And I don't need to be part of the Elite... ERRR

  • What happens when you can't borrow anymore and debt is due ?

    What does a bond represent ?

    What happens when a bond comes due ?

    What happens when a bond can't pay back money owed when due ?

    And what then happens to the people holding those bonds ?

    And what happens to the jobs that the bonds helped secure that area of work force ?

    LMFAO... I hope I didn't make it to hard for you... ERRRRR Mr Elite....

  • Oh yes , thats right I know you can't believe it but its TRUE... We are now once again at the brink of a shut down because our GUBMENT Cant seem to stop spending and haven't got a freaking CLUE of what is a budget... A budget is for poor people .. We are the Gubment.. We will just tax you and rape you of all you have to continue to get what WE SAY AND WHAT WE WANT... For you of coarse you know , WE THE PEOPLE... Because all of us don't know #$%$ on how to run our lives. We need FAT CATS with their thousands dollar suits and jewelry and such driving limos and jets to tell us whats best for us... These Clowns are like a spoiled rich kid... Don't get what they want they through a fit and make threats... Good , SHUT DOWN AND GO HOME... You will do less damage to us all that way...Worthless bunch of losers... Pretty much all of them... So yes once again we can expect them to pump up more debt needed to run business as usual....Man don't we all wish we could do the same with our lives... Just buy everything on credit and don't work for SQUAT... Except with their Mouths ... I wonder how they even look at themselves in the mirror ? I guess they are all so used to lies that its all natural to them.

    Expect the ball of Debt #$%$ to roll down hill even faster now....But don't worry because it seems to be a bottomless pit for now... That is until it hits bottom... Hope you have some silver and gold protection when that happens

  • idealcarpentry idealcarpentry Mar 25, 2015 5:41 PM Flag

    Yes. I figured my pay back period was around 8 years. I now look at this as a free nights dinner once or twice a month . Depending on where I go out to eat and how much I drink. LOL My Electric bill was 225 month back then. I haven't paid anything for 8 years now except one year when I went over because I left a room electric heater on for a month by accident. I also have a EV nissan leaf so I save on gas and oil changes as well. Thats only being used part time for city drives. Already put 30k miles on it though ...

    More people are starting to jump on board. I think the oil industry and electric industry is starting to take notice... Its totally worth it if you are staying put for 8 years or more. Not to mention you know that you aren't contributing to pollution levels. : )

    I think in the future we will hear much more about solar power and how competitive it really is...

  • Reply to

    84,100

    by jeenyes Mar 25, 2015 1:06 AM
    idealcarpentry idealcarpentry Mar 25, 2015 11:17 AM Flag

    I guess they aren't getting anyone to buy into SLV so they can short more shares . LOL Now if they want to get real ballsy they can short naked short shares ... Naked short shares on top of naked long shares is the norm but just shorting straight naked shares without naked long shares being sold is dangerous game. LOL Lots of naked stuff running orotund in SLV . I wonder where the Naked police patrol is AKA SEC ? Probably naked and in the hot tub with the brokers . LOL

  • idealcarpentry idealcarpentry Mar 25, 2015 11:12 AM Flag

    LMAO... You see Link just how easy my poor grammar and spelling problem just got fixed. Thank you T clark for pointing out the obvious... Much like how obviously why silver is real money and not some I.O.U note is not... But don't worry Links I will explain it to you in my book in chapter 3 . I will make sure I use small words so even you can understand. : ) LOL Have a great day and thanks for playing along.

  • idealcarpentry idealcarpentry Mar 25, 2015 11:07 AM Flag

    You are welcome. And Thank you as well. Nice to see someone spreading sunshine to others. : ) And you have a GREAT Day as well.

    PS. I have a solar system now for 8 years and its now paying back money to me in savings. Every month I am making money off of it now. Not sure why so many people haven't realized this but it is totally worth it if you are looking to stay where you are for more then 8 years.

  • idealcarpentry idealcarpentry Mar 25, 2015 12:50 AM Flag

    Obviously your logic is flawed since you just said historically silver to gold ratio is 55 to 1... So you can have gold come down and still have silver go up or flat.. Besides that Im not to convinced either that the ratio is historically correct when you say 55 to 1. Wouldn't that depend on how long a history time frame you are looking at ? You are right about one thing... To many conflicting indicators... I wonder why that is ? Perhaps just for that reason ? To keep you confused / Deer in the head lights. Don't know what to do or trust so you don't do anything... Exactly what most people are doing... Nothing... Thats what will end up killing you and what the banksters want.

  • idealcarpentry idealcarpentry Mar 25, 2015 12:41 AM Flag

    This is why nobody is buying up anyone else's debt ... You are 100 % right in buying REAL ASSETS with whatever you have... Never leave yourself cash broke but best is to live debt free and have a higher percentage year after year in real assets as the collapse draws near... Nobody can tell you exactly when . Just like the Great Depression happened nobody thought it could happen then either but it did.. Same thing now... Its inevitable ... We are all living on financial borrowed time. Those of us who have real money will be able to still have something when things make a big change and corrects itself. Hopefully the new system won't be riddled with loop holes and scams to take advantage of others... There is a very good reason why silver and gold are real money ... I will make sure I dedicate a chapter in my book as to why.

PSLV
6.67-0.04(-0.60%)Mar 27 4:00 PMEDT