Errol Posted April 7, 2011 Report Share Posted April 7, 2011 http://www.zerohedge.com/article/guest-post-silver-getting-too-popular%E2%80%A6-right Link to comment Share on other sites More sharing options...
G0ldfinger Posted April 8, 2011 Report Share Posted April 8, 2011 Show me 40! Cheers! Link to comment Share on other sites More sharing options...
Crashman begins Posted April 8, 2011 Report Share Posted April 8, 2011 Damn.. why didnt I go in 100% Ohh well somethings better than nothing.. Wanted to make a small purchase on C.I.D and was suprised to read : Minimum Order is £200.00. Please review your order. Link to comment Share on other sites More sharing options...
G0ldfinger Posted April 8, 2011 Report Share Posted April 8, 2011 A typical silver short on the way to his bank: http://www.spiegel.de/panorama/bild-755576-200489.html Link to comment Share on other sites More sharing options...
LauraB Posted April 8, 2011 Report Share Posted April 8, 2011 http://www.zerohedge.com/article/guest-post-guess-whos-almost-out-silver Guess Who's Almost Out Of Silver & the premium for not taking physical delivery will be ??? .......... not enough Link to comment Share on other sites More sharing options...
azazel Posted April 8, 2011 Report Share Posted April 8, 2011 Wow, we sure were 100% correct that silver would go balistic and gold was the place to be. Well done all those who did and thanks for the great advice and discussions. Link to comment Share on other sites More sharing options...
G0ldfinger Posted April 8, 2011 Report Share Posted April 8, 2011 The squeeze is on. Fairly slow, but it could heat up towards a preliminary top, i.e. a preliminary low of the G:S ratio. Link to comment Share on other sites More sharing options...
G0ldfinger Posted April 8, 2011 Report Share Posted April 8, 2011 http://www.zerohedge.com/article/guest-post-guess-whos-almost-out-silver Guess Who's Almost Out Of Silver & the premium for not taking physical delivery will be ??? .......... not enough I'd possibly give them mine at $100/oz, given the price of gold stays the same. Link to comment Share on other sites More sharing options...
G0ldfinger Posted April 8, 2011 Report Share Posted April 8, 2011 ARE WE THERE YET?? Link to comment Share on other sites More sharing options...
Eiji Posted April 11, 2011 Report Share Posted April 11, 2011 Damn.. why didnt I go in 100% Ohh well somethings better than nothing.. Hindsight is a b**ch! Don't kick yourself for not knowing the future Link to comment Share on other sites More sharing options...
Carlton Posted April 11, 2011 Report Share Posted April 11, 2011 I like the way she moves: Silver 41.75 +0.82 Link to comment Share on other sites More sharing options...
Concrete Jungle Posted April 11, 2011 Report Share Posted April 11, 2011 Borrowed from the silver thread on 24k News. Link to comment Share on other sites More sharing options...
ricky Posted April 12, 2011 Report Share Posted April 12, 2011 Silver Options Trader Bets $1 Million on Price Drop by July Link to comment Share on other sites More sharing options...
electroweak Posted April 12, 2011 Report Share Posted April 12, 2011 Silver Options Trader Bets $1 Million on Price Drop by July Honestly, and this makes the news? Just shows you how tight the silver market must be that a bet 100,000 puts (strike $25, 100 contracts each put, value $0.10) makes the news. I mean I wonder how many times Exxon or Conoco or Citi has an option bet of $1m. Every day, I'd venture. Hope the trader loses his shirt! EDIT: I am really having a dig at the amount of leverage (and *paper* leverage, at that); 100,000 *100 = 10,000,000 contracts. That's a LOT of silver. 10,000,000 x 5000 ounces. Geez. Did I get my math wrong? Link to comment Share on other sites More sharing options...
Pixel8r Posted April 12, 2011 Report Share Posted April 12, 2011 Here's a scary chart for all the silver bears. Link to comment Share on other sites More sharing options...
Concrete Jungle Posted April 12, 2011 Report Share Posted April 12, 2011 And back sub $40 just as I have no spare cash left..... Link to comment Share on other sites More sharing options...
G0ldfinger Posted April 12, 2011 Report Share Posted April 12, 2011 Nailed it!! (Sorry, no time for more. Wife bugging me. Greetings from Espana!) Link to comment Share on other sites More sharing options...
Carlton Posted April 13, 2011 Report Share Posted April 13, 2011 Honestly, and this makes the news? Just shows you how tight the silver market must be that a bet 100,000 puts (strike $25, 100 contracts each put, value $0.10) makes the news. I mean I wonder how many times Exxon or Conoco or Citi has an option bet of $1m. Every day, I'd venture. Hope the trader loses his shirt! EDIT: I am really having a dig at the amount of leverage (and *paper* leverage, at that); 100,000 *100 = 10,000,000 contracts. That's a LOT of silver. 10,000,000 x 5000 ounces. Geez. Did I get my math wrong? It could also just be a hedge. For all we know the trader could have $100 million in silver stocks. Link to comment Share on other sites More sharing options...
Perishabull Posted April 13, 2011 Report Share Posted April 13, 2011 SLW/SLV ratio SLW outperforming SLV ended in early December, almost a textbook head and shoulders (I have SLW puts as a hedge against a silver correction right now) Link to comment Share on other sites More sharing options...
Errol Posted April 14, 2011 Report Share Posted April 14, 2011 Will Silver Surge Following The Nationalization Of Bolivia's Silver Mines By Embattled President Evo Morales? report from Bolivian daily La-Razon states that Bolivia's president Evo Morales is now planning on expropriating zinc, silver and tin mines sold off by previous governments. Bloomberg reports that "Morales will announce a decree May 1 to “dismantle the privatization model,” said Nicolas Fernandez, a spokesman for state mining company Corp. Minera de Bolivia, known as Comibol. "The government is recovering all the privatized companies,” Fernandez said today in a telephone interview from La Paz. “When the decision is taken, Comibol will be ready to manage these mines.”" Among the contracts to be affected are those with Glencore International AG, Pan American Silver Corp., and most importantly, Coeur d’Alene Mines Corp., which is operator of the San Bartolome mine: the world's largest pure silver mine. http://www.zerohedge.com/article/will-silver-surge-following-nationalization-bolivias-silver-mines-president-evo-morales Link to comment Share on other sites More sharing options...
electroweak Posted April 14, 2011 Report Share Posted April 14, 2011 EDIT: Coeur d'Alene Mines Corp 3104/3112 -268 -7.94% (and for the metal...) A little rocket today! Link to comment Share on other sites More sharing options...
njpurser Posted April 14, 2011 Report Share Posted April 14, 2011 Will Silver Surge Following The Nationalization Of Bolivia's Silver Mines By Embattled President Evo Morales? report from Bolivian daily La-Razon states that Bolivia's president Evo Morales is now planning on expropriating zinc, silver and tin mines sold off by previous governments. Bloomberg reports that "Morales will announce a decree May 1 to "dismantle the privatization model," said Nicolas Fernandez, a spokesman for state mining company Corp. Minera de Bolivia, known as Comibol. "The government is recovering all the privatized companies," Fernandez said today in a telephone interview from La Paz. "When the decision is taken, Comibol will be ready to manage these mines."" Among the contracts to be affected are those with Glencore International AG, Pan American Silver Corp., and most importantly, Coeur d'Alene Mines Corp., which is operator of the San Bartolome mine: the world's largest pure silver mine. http://www.zerohedge...ent-evo-morales $42.40 so er, yes Errol, it will. Lol, Silver Bitchez! Link to comment Share on other sites More sharing options...
Carlton Posted April 15, 2011 Report Share Posted April 15, 2011 Will Silver Surge Following The Nationalization Of Bolivia's Silver Mines By Embattled President Evo Morales? report from Bolivian daily La-Razon states that Bolivia's president Evo Morales is now planning on expropriating zinc, silver and tin mines sold off by previous governments. Bloomberg reports that "Morales will announce a decree May 1 to “dismantle the privatization model,” said Nicolas Fernandez, a spokesman for state mining company Corp. Minera de Bolivia, known as Comibol. "The government is recovering all the privatized companies,” Fernandez said today in a telephone interview from La Paz. “When the decision is taken, Comibol will be ready to manage these mines.”" Among the contracts to be affected are those with Glencore International AG, Pan American Silver Corp., and most importantly, Coeur d’Alene Mines Corp., which is operator of the San Bartolome mine: the world's largest pure silver mine. http://www.zerohedge.com/article/will-silver-surge-following-nationalization-bolivias-silver-mines-president-evo-morales I've been saying for a while, the higher these metal prices go the more political threats there will be to the miners. This is the exact reason why I haven't traded CDE in over a year. Link to comment Share on other sites More sharing options...
Fortune Posted April 15, 2011 Report Share Posted April 15, 2011 Yep. If the system somehow holds together then PM miners are an excellent bet. Trouble is, what if it doesn't? I don't blame Morales. Only a nutcase would mine real money out of the ground and sell it for bit of paper with dead preseidents on it. Link to comment Share on other sites More sharing options...
signofthetimes Posted April 15, 2011 Report Share Posted April 15, 2011 friday smackdown anyone ? must be due one today Link to comment Share on other sites More sharing options...
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