iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Adding Bars o’ Silver

silverbars

The Foundation of a Trustworthy Country
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I have no time to speak, only to reiterate that Friday’s “non-confirmation” of the gold break (unlike the rest of the market) gave me the “green light” on the continuation of this secular bull in the precious.

I’d add Silver Wheaton Corp. (USA) [[SLW]] on this pullback if the accumulated bricks of it weren’t already filling up my garage to the chagrin of my crappy Volvo.  So I’m getting the next best thing, which is [[CDE]] .

For the remainder of the market, continue to watch [[UUP]] for your “tell.”

Stay golden, pony boys and girls.

 

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18 comments

  1. DMG

    Nature’s first green is gold
    Her hardest hue to hold
    Her early leaf’s a flower
    but only so an hour
    then leaf subsides to leaf
    so eden sank to grief
    and dawn goes down to day
    nothing gold can stay.

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  2. TA

    I wouldn’t be buying anything but inverses unless you’re looking to dump on the next quick bounce.

    Silver might do fine but the stocks won’t

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  3. TraderCaddy

    Better change the lock on your garage door.
    Word has it that Devil Dawg is on his way to Kentucky now to try and find the silver.

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    • JakeGint

      Luckily, he’s now involuntarily on foot. So he should be pretty tired by the time he gets here.

      To meet a bazooka shell in the kisser.

      _________

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  4. Purdy

    Vol freakin vo !??? Isn’t that a pinko communist peacefreak car?

    Your BIOS pick at new highs – got some – – good call.

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    • TraderCaddy

      Could have been worse.
      Could have been a Subaru.

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      • JakeGint

        Volvo was owned by Ford when I bot my heap. This is a Ford town.

        My other car is an Expedition. Is that macho enough for you?

        (Damn commies are so materialistic.)

        ________

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      • MOOBS

        I have both a Volvo and a Subaru. And a Suburban. Does that cancel out one of my imports?

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        • JakeGint

          Sorry the Suburu hippie mobile is unforgivable.

          Give yourself twenty lashes with the hardcover version of Brooks’ Bobos in Paradise.

          _______-

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  5. DPeezy

    William Jennings Bryan called..he wants his silver back!

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    • JakeGint

      If you are familiar with that history, you appreciate the irony of your statement.

      Back then using silver was de facto devaluing the currency!

      Mein gott, how far we’ve fallen!

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  6. Goin'Fawr

    Note to India: MAKE SURE YOU INSIST ON DELIVERY, or you’ll just get sold the same ounce around 6.7 million times!

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    • Goin'Fawr

      RE above: “I strongly welcome this transaction with the Reserve Bank of India,” Managing Director Dominique Strauss-Kahn stated. “This transaction is an important step toward achieving the objectives of the IMF’s limited gold sales program, which are to help put the Fund’s finances on a sound long-term footing and enable us to step up much-needed concessional lending to the poorest countries” (see Press Releases No. 08/74 and No. 09/268).

      Hahahhaha, omg….. hhahahha! (Wipes tear from eye), Did he say,
      “..step up much needed… lending to the poorest countries”?
      Hahahahaha!
      (Holds belly) Please, stop it! heheheheeeeee,,,

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