I was expecting them to break even actually.
that would have already surpassed my expectations.
but seems they did extremely well this time.
especially since their base metals helped out.
this is because base metals make up 50% of their overall mining and since base metals never fell more than silver
silver itself is manipulated heavily
because the USA COMEX has no silver so they are panicking.
as a result it became so obvious to anyone with brains to what is going on.
stack some more silver boys :)
NOV 30 is coming.
perhaps it will shine some light on the fraud they have been committing.
Libor level scandal?
unfortunately they never went below 15 dollars.
I was only able to pick up a few 100 oz of silver this go around.
was going to max out my CC too but wanted to wait for under 15...
I'll settle for 100 s oz for now.
very good results actually finally
compared to the over all market.
FYI if you have been paying attention china currently pays a premium to have silver delivered to them.
namely because their exchanges that deal in real physical is running out while COMEX our exchanges are high on the hog because no one takes delivery here.
as a result premiums miners get in china is higher than USA currently.
seemingly since SVM is their largest silver producer of course this would help svm beat other miners over all.
I already said 3-4 years ago svm will be one of the LAST ones to go down if the silver market is destroyed by the powers that be.
we already proved it true.
but we just timed it wrong.
and unfortunately just being right would not make you rich.
many of the rich today get there by either connections or by their crookedness.
sad to say hard work doesn't pay off right now thanks to those leading us.
a this point all miners should just sell enough silver to cover cost of production if there is any profit at all.
afterwards they can consider other things.
like I said the miners need to give out the silver itself as dividends instead of cash.
if no one will listen to me
then they are doomed to fail.
but I understand some may have legal issues thanks to the gov in their region.
better to give it to us with low premiums than to give it to the market
here is the thing
if they own most of it then they would refuse to let it correct you forget that it is them whom own it all right now.
and as long as the public is distrustful of the market they will refuse to correct it.
then once the public goes all in then they will destroy it.
it has always been like that.
if you buy you must do it without them knowing.
you must preemptively strike them when they least expect it.
this is what the elites do on a daily basis.
as they use that method to scam their way to the top.
and since they own the media they can spew what ever stupid excuse they want.
... the thing is eagles production
have been halted even though
the mint is mandated to print as much as public demand warrants.
now if you will admit you are wrong and actually say the truth that you are working for the silver shorters and call it a day.
we can make this quick.
do humanity a favor
go back to your boss and suicide him and yourself with
ebola then burn the place down so no one else catches it.
well eventually your kind will suicide each other when your use is over.
anyway will agree to a certain point.
but now lets wait for NOV 30th to see what happens I am trying to hold back my purchase until then but it is getting mighty tempting to dump everything on silver and then declare bankruptcy on the banks.
then go on unemployment as I go on trips instead of working for 7 years.
yes I do have enough savings in cash to do so. I just need to move to another country for a while.
and work here and there without filing taxes.
afterwards come back and all that silver is mine.
notes: I have huge amounts of credit
no real estate ownership in USA so I don't give a damn about declaring bankruptcy on the banks.
even though my credit score is around 800.
I was planning to do this to them in the first place.
problem is bringing much bullion on my flight/seafaring.
that would be pretty hard.
will need to prepare those things.
astrog8tr point taken.
but still wont sell anything.
i would rather smelt them into jewlery they would charge me 1000% more than bullion than sell it back into the fraud markets.
fyi they have made 3d printers for metals already so I'll use that instead
and make my own silver collection of items.
than selling it to this market
I would urge stackers to do the same.
instead of stacking only bullion
use the bullion you have and create things with it rather than letting it just sit there.
I'll be consuming my own silver and increasing the value it provides me then.
I never said silver was the only thing I invest.
If you know me then You know I am into tech more.
reprap-prototype for much of the 3d printers.
look into it.
5k cement homes can now be built by 3d printing.
you just add some wood and paint and then viola
good looking house. with cement base. thus can withstand storms.
-houses that are 100-200k are worthless now.
if they do not lower prices to 20k or less for houses then I would say people shouldn't even bother buying them. well + location fees.
you may not even need housing insurance anymore
when prices of houses are so cheap to build.
Why are worthless junk going up in value when we know they are worthless alludes me.
-I know why but fail to grasp the logic
(-rich people have too much money buying useless junk)
While useful things that we may want going down in value?
-poor people have no money to buy useful not essential items
and things that we need we know are going up in value no matter what.
-food water -things people think they need but dont-rent
"The government took the gold and fixed prices. Eventually, hoarders see what is going on and some out of desperation begin to let go."
so I assume you do admit that things are manipulated eh?
finally some truth out of the shorts.
if what you astrog8tr say is true ask the MINT to lower premiums
1/2 the cost presented was government mandated premiums of 2-3 dollars
same with maples
LOWER THE F*** premiums
the premiums are consuming 10-20% of the cost of those coins right now and
the premiums at the price you want would be 30-40% of the coins btw.
which would be ridiculous.
constitutionally we can demand the mint to make our coins but
reality is they are price gauging us right now. hence why not as much are even buying
premiums need to be linked to price of silver itself no?
higher price it goes then would help the mint and vice versa.
almost everything is by % why not this?
because? no real good reason not to.
except they want to price gauge.
it's like charging 10000 property tax on something that is worth 1 dollar
eg Detroit - that's one of the main reasons no one wants to live there.
you can make paper silver go down to 0 and the premiums would still make it stay close to around 20 dollars. then
we may need to wait for 12 dollars to have real 15 dollar silver
at this time it is 25% of each dollar silver down for eagles
and 75% of each dollar silver down for generics about...
because of them they increased even generic silver to 5% or more
when it use to be 5% for eagles and 2-3% for generics.
but you are just telling us to give up?
I do not give up though and will never give up.
sorry just the way I am.
no amount of force you use on me will ever make me give up.
if a person crosses me
only way you may get me to put down my grudges is by actually deeply apologizing
if they are prideful and refuse then try to force me to then they will meet with heavy resistance and may lead to further turmoil.
sorry again just the way I am.
Well now lets see what happens.
unprecedented to demand
lower prices higher premiums
and demand off the roof but lower prices.
in paper etfs.
who here still says it is supply/demand is blind as a bat
so you silver short experts what will happen after NOV 30th?
going to keep going?
when would it stop
it seems silver prices going down will only decrease prices of real silver by 25% instead of 100% or even 75%
sad but true.
at this rate I will need to wait for 12 dollar silver paper price for real
15 dollar silver.
or basically a 3 dollar markup or 25% markup... quite sad.
well we know where this is going premiums just shot through the roof.
and silver eagles just sold out.
I think the short sellers are digging themselves a grave right now.
THIS IS REALLY SAD I TRIED TO KEEP MY PROMISE.
to buy at 15 but nope the dealers refuse to let me.
instead they increase the prices...
GOD D**** I WANTED THEM TOO.
news out silver eagles sold out
this is all because of the NOV 30th Swiss day.
afterwards they should let it go.
but really what reason do they have to pick on silver anyway
very simple none.
except they can so they will
hence this is all a ruse.
buy up the physical and call it a day.
I would also consider picking up surviving mines that can actually still make money at these levels.
I doubt many or any miners can at this rate.
we shall see.
gold didn't go down much
copper all not much
seems VERY VERY SUSPICIOUS here.
something is amiss
something horribly wrong
could the powers that be, be really really really scared?
demand is off the charts including industrial and they think lowering the price will make people stop buying?
they have got to be kidding us.
they know more and more people will just buy more.
record high home values and
record high food prices
record high rent prices
record high medicine
record high stock market
record high fraud
record high banksterism
record high dystopia
as I said those that print doesn't mean it will go into metals it just means they will buy everything except metals.
because they can
now if it was given to the people first yes metals would go up no question.
but fact is it wasn't
the rich people what will they buy think...
oh that's right nothing
hence they put it back into stock for 0%
borrowing as much as possible.
get it yet?
may the evil die a horrible ebola death.
the good people break free from their chains.
(boy that sounded medieval lol)
anyway Swiss Ref NOV 30th