stunlee

By my count, Don has 169.

He looks extremely likely to win:

Georgia 16

Florida 29

North Carolina 15

Utah 6

Alaska 3

Idaho 4

For a total of 242

He has a very good chance in:

Wisconsin 10

He has three point leads in

Arizona 11

Michigan 16

Which takes him into the White House.

Both Guardian and RealClear have Donald slightly leading in Ohio, North Carolina and Florida.

If Florida goes Democrat, I estimate Clinton leads 130-96 at the moment.

Don has a 3% percent lead in Florida with 15% counted.

Don with a large lead in Virginia, Obama win in 2012.

South Carolina just declared for Don.

Early results in, looking good for Don so far:

http://www.realclearpolitics.com/

Clinton Trump

Kentucky (8) 30.9 64.5 (20%)

Indiana (11) 32.4 63.2 (12%)

"The setting is in there to allocate votes by percent"

Another horrifying video.

Following Deutsche Bank's admission that it manipulated silver prices earlier today,

http://www.zerohedge.com/news/2016-04-14/case-closed-deutsche-bank-confirms-silver-market-manipulation-legal-settlement-agree

it has also admitted that it manipulated gold prices.

http://www.zerohedge.com/news/2016-04-14/first-silver-now-gold-deutsche-bank-admits-it-also-rigged-gold-prices-legal-settleme

The mining companies now need to launch a class action to punish the criminal bankers. Maybe a group of traders who lost money could also launch a class action.

http://www.tfmetalsreport.com/blog/7563/deutschebank-settles-silver-lawsuit

I personally think that what has gone on in the metals markets is multiple times worse than the LIBOR scandal. It is now up to the silver miners to sue the banks.

Massive Rallies "Dead-Ahead" For Gold, Silver - and Oil !?
(suggests Paul Thomason, Editor, Elliott Wave Analytics)

There are none so blind as those who will not see.

Nearly two years ago now.

I am saying that if the TPTB manage to actually properly destroy this bull market -- as would be indicated by sustained lower prices like $11 for silver (as suggested not by me but the OP) -- then I'm suggesting we enter a full on alice-in-wonderland of financial repression. As in a full on police state of capital controls with every price rigged and zero free markets. It s a frightening prospect akin to entering some sort of Dark Ages, but it cant be ruled out IMO

I wonder where this will end....

Tens or hundreds of thousands of mine workers in some of the poorest countries in the world losing their jobs as the mining companies go bankrupt and being forced into abject poverty.

Yet again, people seem unable to see the lorryloads of evidence that gold is an utterly fixed market I just cannot understand why.

Interestingly, Hatton Garden Metals, one of the major retail dealers is now completely sold out of everything gold related.

http://www.hattongardenmetals.com/buy/cid5/gold-coins

Anyone else have gold falling 60 dollars in a minute to 1070 dollars at about 2.30am British time? Good to know that the free and fair gold market that we have all grown to know and love is still being tightly regulated.

New 5 year lows today

Serious answer: so unbelievably manipulated is the silver market that the price has all but no connection to the actual supply and demand and market fundamentals any more. No-one can give a logical answer as to what is going on.

Frivolous answer: it was just 16 days before the anniversary of the death of Kim Jong Il and silver is now priced at 16 dollars and something. Silver will rally 10 dollars in 2 months.

I wasn't certain whether that last post wasn't a very subtle piece of satire.

There is only one factor that affects the price of silver and I don't know why people are still bothering with pointless and irrelevant things such as supply and demand and technical analysis.

Thanks for the reply. Count me in on the number 3 option, we are at the start of decades of unparallelled financial repression by a rapacious banking and government cartel who are happy to destroy the middle classes.

You were the first person I saw mention the concept, what would convince you that we are on option number 3?

Disagree that the bull market"completely destroyed". How do you figure this? Top at 1912 in Sept 11 hasn't even had a 50% correction, so maybe that's what's happening now, we go sub 1000 and find a bottom.

 

IMO either (1) this is a correction within a bull, perhaps 20yrs from 2000/01, or (2) PMs are telegraphing massive deflation across most assets dead ahead (fits in w what the Japanese did on Friday in seemingly panic), or (3) TPTB on cusp of finishing off a total alice in wonderful repression, no markets, complete central planning etc. in which case sell PMs and buy real estate

 

Whilst Im not happy, nor I am impressed at ALL with the chartists and technicians who shit the bed on this (when will they accept the charts are not natural market forces at work?), nothing in the last couple months has shifted me from the (1) camp. I say lets visit 900 and be done with the correction.

I have mentioned this in other places, but why are the mining companies apparently happy to sit back and see their companies destroyed? Just about every silver miner in the world must be losing shedloads of money now.

Just bumping this excellent post again. I would argue that the bull market has now been completely destroyed. If you still post here Walktothewater, what do you think?

 

Just bumping this excellent post again.

Walktothewater, on 02 Nov 2013 - 9:17 PM, said:

 

 

Right, the TPTB didn't get to where they are now and hold that position for 100 years by being easy to take over. This isn't a movie or a fairy tale.

 

I don't even find this stuff funny any more, just really really tragic.

Did you not see the rocket explode yesterday? NASA can barely get to the ISS nowadays.

Or is that all part of a massive plan to hide these mars missions?

Just bumping this excellent post again.

 

I am saying that if the TPTB manage to actually properly destroy this bull market -- as would be indicated by sustained lower prices like $11 for silver (as suggested not by me but the OP) -- then I'm suggesting we enter a full on alice-in-wonderland of financial repression. As in a full on police state of capital controls with every price rigged and zero free markets. It s a frightening prospect akin to entering some sort of Dark Ages, but it cant be ruled out IMO

http://www.telegraph.co.uk/finance/personalfinance/11001196/Bank-sold-us-5-coins-that-arent-worth-a-penny.html

Now of course they are not silver but the same principle applies.

For those that think the Japanese will go ape shit in the same way, I think not. They will just shrug their shoulders and say 'shigata ga nai', roll up their sleeves and start again working in groups... (at least I hope so).

Yes, I agree with that. But it was always my fear that they would decide that it was "beikoku no sei"

I would expect to see a large expansion in premium and demand for these coins as silver approaches £36.36 per ounce. That's the point where the value of the silver in the coin approaches the fiat value.

That may well be the case but the person buying the Britannia would still have a nearly twice as heavy a coin that had cost 25 percent less, or 40 percent less if they had bought where VAT was not payable.

One of the posters on 24k (azazel?) was saying that he took the coins into the pub and tried to get the other customers to get the bar staff to accept them. They are certainly worth having as a discussion piece, a souvenir and for possible numismatic value (not that I know anything about that) but the "proper" coins are the better bet in the long term.

Edit: Of course the 20 pound coins would become a lot more interesting if the silver price approached or exceeded 30 pounds an ounce.

but I sold 66% of my holding actually at $49.20, keeping only the phys. I'm letting that 'ride', hoping for $150+.

Wowsers, that must be one of the greatest trades of all time!

I even had a look back earlier in the thread and you nailed it to the day. This thread makes great reading, the parabolic move starts at about page 245 of this thread and should be read by everyone.

 

ok, the coins are spendable for £20. (Britannias are just £2, despite having more silver).

The silver is just a 'free extra', so you have effectively got a free 'call option' on some silver.

 

Yes, you get less silver than a Britannia, but you can spend the coins for £20.

You can't do that with a Britannia.

If silver does a moonshot, you got the silver for free; as it's the same as holding a £20 note without the silver.

Thanks for the reply.

Yes, I can see all of that. Let us continue with the 10* 20 pound coins versus 12 Britannias scenario I earlier painted out with a number of different price scenarios.

Price

Silver price triples. 12 Britannias worth around 480 pounds. 10*20 coins worth 200 pounds nominal, or around 225 pounds as silver.

Silver price doubles. 12 Britannias worth around 320 pounds. 10*20 coins worth 200 pounds nominal, or around 150 pounds as silver.

Silver price unchanged. 12 Britannias worth around 160 pounds. 10*20 coins worth 200 pounds nominal, or around 75 pounds as silver.

Silver price halves. 12 Britannias worth around 90 pounds. 10*20 coins worth 200 pounds nominal, or around 38 pounds as silver.

The 20 pound coins will prove somewhat better if the price of silver falls or stays the same. But we already know that the price of silver is below the price of production, it surely cannot go much lower than it is now? I don't see what risk one would be hedging against here.

Surely the only thing one would actually be hedging is the risk of running out of paper money completely and being forced to sell ones silver? And, as has already been demonstrated on this thread, you can spend the coins only with a great deal of difficulty and possibly with the police being called. Colour me unconvinced about the advantage of that.

I have included VAT fees in my rough calculations but there is no VAT on silver coins in Germany for example.