Bottoms Up!
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On the imminent demise of the buck today, I loaded up with stupid amounts of AGQ, NGD, PAAS, MVG and SVM today, not to mention another 25% of RGLD.
The dollar is dying, I am quite confident of it. Take advantage of all opportunities to at least mid-$76 on the DX-Y.
That is all, really. Short, sweet, simple
And sweet again.
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Hey, I’m a big fan of all things clam, but that headline & pic combo made me throw up in my mouth a little.
Buffeted on the waves of nausea, I gasp, “Huzzahs & continued good fortune, Sir…”
I laughed whilst throwing up in my mouth a little. There’s a market for everything, I guess?
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I second Anton’s remark. That picture is vile.
Only real use is to pour on your neighbors car to attract feral cats before you go on vacation
Buck continuing to get clam-waxed, btw.
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Yeah, I don’t understand why anyone would use that clam GLOP.
Trying to squint to see who’s on that av… is that Righetti? Or Clemmons?
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Joba “Fat Boy” Chamberlain. I figured a new avatar can’t hurt. I’ll switch it out tomorrow.
It’s too bad they are so small… you really cant’ make them out when it’s a full body shot like that…
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I’m going crazy ovah here Jake!
Have a glass of clam juice and vokka (sic). It calms the nerves.
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Glug Glug Glug.
Aw man!! I thought this was the “no pulp” kind.
It’s not real clam jooce w. out the “feet.”
And vokka.
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So happy I’m at 50% of the port and heavy into SLW. All hail to The Jake!
Yes sir, i am worshiping at the alter of the Jake today! ALL HAIL THE JAKE!
Hail! Hail!
jake,
what do you think of GPL for long term?
Relatively early stage, but probably worth a throw under the dual “rising tide” and “possible buyout” scenarios.
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Thanks Jake!
RVM.TO Revett Minerals also scheduled to move onto the AMEX, so it could experience the same nice move as GPR.TO did as it began trading under GPL. Revett’s producing nicely as well.
Silver! You must have made a shitload today! Good call!
I second the call to shush and not jinx the mojo:)
I keep staring at the screen and not letting out a peep, but can’t stop the grin though:)
Don’t jinx the mojo by talking about gains.
Jake I’ve been buying physical silver since last may when it was below $20/oz. Also been long EXK in my accounts and my kids accounts. Can’t thank you enough. Turd Ferguson wrote a nice piece the other day about the outstanding silver interest on the comex and the threat of people taking delivery on the March contract could empty the coffers of the comex. 59,000 OI contracts. “if only 20,000 stand for delivery, that’s 100,000,000 ounces that the Comex has to deliver.” 8 days from now. Glad I already have a stash.
Ahhhhh- ha ha ha ha ha ha hah hah hah haaaaah!
(Schlambel faced on Clam Juice & Vokkas )
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Jake,
I was trying to figure out how to project where a stock such as AGQ is going before it starts correcting, so that you can get an idea if it’s extended or not. And I started messing around with the Fib, but quickly got lost.
Can you explain, how you do it?
If you ever do a weekend seminar, I’ll provide clam samiches and clam juice.
http://docs.lib.noaa.gov/OEDV/NWHI_2003/image/spiny_clam_hires.jpg
Here’s a picture of a properly bearded clam (photo probably taken in the early 80’s before everyone started shaving their clams).
@ JG.
As a long term silver bull (physical position in size amassed during the $6-12 range years back) today was both fun and scary.
My last buy was at 4.35. I wish I hadn’t stopped.
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The beauty part is the tax free gains. Walk into a coin shop, buy a 10oz bar for $200 cash (8 months ago), sell it today on Craigs List for cash for $350 and there’s no paper trail.
I’m looking at mmg for a silver play. They have a seriously undervalued silver deposit if you guys are looking to add silver.
Under-dug as well, it seems.
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5-o
I would look at these levels for pullback no decimals
168- hit today right? from 175
164
161
trouble if we get lower than 161 not it’s over kind of trouble but some feathers might get ruffled.
upside?
187
194
206
Rothstein,
I see what you’re looking at regarding the 161 support, but was thinking Jake might be looking at it some other way since he’s is really piling on now.
Of course. Piling in now perhaps because of the action. This beast might not give much of an opportunity to get on or add at “lower prices” and once the daily cycle low hits you could be paying 20-30 dollars more to add.
Ay-yo Jakester, congrats on the week. What a ride it was….
Speaking of dxy, I know a lot of these guys usually look at uup…
on UUP, 22.0x is pretty good support, so I’m looking at taking off half AGQ on the next bump up, and then scaling back down the miners as we head into that floor…. When it cracks 22.00 though, look out below!!!!
DX had a downside gap to fill: mission accomplished.
Jake,
Do you expect the hedge-funders to jump into the pm’s adding rocket fuel to the blaze?
Yeah, but the real rocket will be retail.
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