iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,408 Blog Posts

AN INSANE SHORT SQUEEZE IN SILVER IS CURRENTLY UNDERWAY

Entrepreneurial men, such as myself, are going to bank extreme levels of coin come Tuesday, post July 4th festivities. We’re going to celebrate the birth of this great nation lavishing ourselves in the profits of our precious metal holdings. The rally in silver can no longer be ignored. The red headed, fat faced, woman at the end of the bar is now the most attractive.

SILVER HAS GONE THROUGH THE FUCKING ROOF.

Silver

No one knows what the fuck is going on. Some devil, somewhere, is bidding up silver. That’s fine by me. Let the blood flow, thick and red. A bet against gold/silver is a bet against freedom from central bank planning assholes, whose designs to rule the world through a one government system (EU) that will lay waste to two hundred years of American led progress.

On the eve of American glory, such a bet is folly.

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17 comments

  1. probucks

    Hu-rah!

    long fucking gold miners!

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  2. sethster99

    JNUG will reach 1000 before the year is up.

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  3. joshua

    AGQ gonna 2011 all over again?

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  4. firehorsecaper
    firehorsecaper

    People need to think bigger. It was not that long ago silver was at $50 (April 2011). The sellers premium at that time for any mint any year was 3% meaning you netted >$50 off a $49.80 spot print.

    Older stories will surface, including the famous Hunt bros move in 1979.

    Soros returning to active trading an interesting one too. Shorting DB near the lows was brave, why not a coincident move on silver? JCG

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    • scottbot

      There is no tomorrow, obviously. So what does five years matter?

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    • moosh

      Count Soros will reveal a gigantic position in silver Q2. Bank it.

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  5. peso trader

    I sold a one ounce gold coin on ebay this weekend, it was a high graded coin that had scarcity value so it wasn’t junk metal. I thought there would be a feeding frenzy but it got few bidders and sold for at least 25% under value. So the dentist and chiropractor traders are not yet involved in the precious metals play. Looks like we’re going higher.

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  6. the dude

    I diversified my metal holdings between $GDXJ and $SLV.

    About half of silver demand is industrial. The fastest growing segment of silver use? Photovoltaic cells. Yeah, solar.

    Lovin’ the squeeze.

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