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The really useful silver thread (AG)     

squirrel888 - 12 Jun 2013 10:30

><a href=5 Year HUI Index Chart - AMEX Gold Bugs Index Performance" alt="" /> ><a href=1 Year Gold to Silver Price Ratio Chart - Gold Silver Ratio Graph" alt="" />

Saturn6 - 08 Aug 2013 10:25 - 634 of 1034

Wow!! Gaz - A boatload to digest first thing.

Don't beat yourself up too much about options, you are not the first to get mixed up with them and for sure won't be the last. We all make errors all the while, thats how we learn. And as JFK quotes so timely in your vid ' "An error does not become a mistake until you refuse to correct it"

It is a shame that JFK was as naive as he was in regard to asking the press to inform and alert the American people. ((

I read a book about what happens to the human mind when it is subjected to the most horrible and frightening events. It disassociates and develops multiple personalities. The book I read was a true story 'Sybil' who from a toddler broke into 16 totally seperate and individual characters. Most female yet two male and with differing characters accents and ambitions. And even includes one persoanlity as a baby and one foreign.

The book was written by Flora Rheta Schreiber, Sybil is the pseudonym for Shirley Ardell Mason. And there was speculation that the case for Sybil was fabricated and that false memories were placed in her mind under hypnosois. Although much of this was contradicted by Sybils letters to a close friend Nancy Preston, after she released copies of the letters she had received from Sybil up until her death, where Sybil confirms she had multiple personalities.

I shall pass around that gem of a speech by JFK Gaz, I hadn't heard the most part of it prior.

S.

snurkle1 - 08 Aug 2013 17:00 - 635 of 1034

Saturn,
You mentioned quite awhile back that you sold your gold in exchange for silver.
Suppose you had gold now, and with the ratio at around 66 would you do the same?

Saturn6 - 08 Aug 2013 18:04 - 636 of 1034

The bounce has legs...

ze9r.png

And the Inv 'H&S' may be now in play...

7o14.png

You may not see it clearly here but GDX had a perfect back-test of the 'Wedge' (Black line) what once was the resistance is now turned to support.reisitance.

And for confirmation we would like to see the same with the junior miners. Which as you can see is conforming...

rmbj.png

S.

Saturn6 - 08 Aug 2013 18:14 - 637 of 1034

Snurkle - I didn't sell all my Gold but a god portion, I kept some Gold as it has benefits of moving large monetary amounts easily. But yes if I held only Gold, i would rotate a large portion of it into Silver.

As this chart of the GSR shows a topping potential in the shape of a Bearish 'Wedge' at the end of another larger 'Wedge' with a dropping ROC.

g8bj.png

Note also SLV popping out of a Bullish 'Wedge' lower pane.

S.

Saturn6 - 08 Aug 2013 18:20 - 638 of 1034

Remember I mentioned the 'Strangle' option trade on $Silver yesterday due to the tightening band a precursor to a big move, well if we look at SLV for intraday update we can see the move is to the upside, but needs to tackle the 50/DMA...

mp8c.png

Notice also the 'Kiss' on the McD.

S.

snurkle1 - 08 Aug 2013 20:30 - 639 of 1034

Thanks for that Saturn, much appreciate your views

gazkaz - 08 Aug 2013 21:28 - 640 of 1034

Cheers Sahara - heading off for a long weekend off grid 1st thing in the morning,
- so rang my son and gave him the ..bad news.

Agreed he should have fully checked out the finer details, but just seemed to marry up with my off the cuff example
- I said if it didn't make $27+ by Dec he would lose out either way
- then he opimistically chimed in - a $3 ish profit if silver hits $30 ish is still a $6,000 ish profit....& whilst may not be $60k but, ....any profit is good.
- nice to have a "glass is half full" son :o)

Hope you and Snurkle have a great weekend.

Saturn6 - 09 Aug 2013 08:37 - 641 of 1034

Thatsa Boy!....A chip off the ole block eh?

I am hoping to wrap up early today too, although I have been juggling other things during this summer lull and seem to have a lot to catch up on so maybe a busy weekend for me after-all ((

Hope you have a nice relaxing and refreeshing time.

S.

Saturn6 - 12 Aug 2013 14:30 - 642 of 1034

We got the push out through the top of the 'Triangle' on the Silver chart along with the move foretold by the Bollinger Bands.

Miners did a sweet back-test of the breakout line and may have fored a Bullish Inv 'H&S' as I had intimated...

lip0.png

Stops can be moved up to reaction lows now.

Intraday we can see the 'Triangle' resistance is being tagged. It may be that we need a slight low (Pop and Drop) from here but that will only plot Wave-E and give us more momentum to push on up?/...

lp1q.png

S.

Saturn6 - 12 Aug 2013 14:56 - 643 of 1034

GSR - Has moved down below the blue 'Wedge' support...

z1tg.png

S.

gazkaz - 12 Aug 2013 16:05 - 644 of 1034

Good afternoon - hope you both had a great weekend. Had a good one myself.

Whilst lazing on the beach the one overiding thought that kept popping in my head to disturb the peaceful tranquility ...was......in the big picture.....far too many things
- just don't add up.

I won't list them....but trillions in unfunded liabilities (pensions etc), over a quadrillion in derivatives, and the world just seems to be generally, just ticking along...as normal.
- Seemingly weekly the big banks are discovered stealing large amounts....and nobody goes to jail, and things just get smoothed over.
- Any and all cans are just kicked down the road.

To cut a long story short....what struck me was ....if something of....biblical epic proportions....had been known about for decades.....was due on the near horizon
- realistically, would we be told about it :o)
- would they just do anything to snooze us along, in the bliss of ignorance, whilst they themselves prepared.

Just listened to this (this morning)

http://www.youtube.com/watch?feature=player_embedded&v=z01p3TAGRZg

NB Start 1hr 15 min in.
Not a comet....but a multi planetary system....in progress of swinging round our sun
- and will - have consequences to our own sun, which would affect us
- and subsequent way out fly by......??


Would it .....account for "nothing adding up"....but all seeming....strangely quiet ??
- would it account for millions of airtight coffin liners stacked around the USA
- would it account for Russia having 5,000 "new" underground bunkers built around Moscow, to be completed by...2013
- would it account for the senate passing unanimously....unlimited detention without charge or trial
- would it account for 600 plus detention camps, just in the US alone, showing signs of increased activity (others have been built in Australia too)
- Would it account for....the Norway Seed Vault (and others) construction
- would it account for the Swiss having enough ...underground bunkers....to house it's "whole poulation"
- would it account for...not having bothered to fund....all those unfunded liabilities
- would it account for global unlimited in progress printing, near zero interest rates....yet seemingly generally nobody cares...and no global catestrophic financial consequences (all with Joe Public kept MSM ...blissfully ignorant)
(there's a lot more...but you get the gist etc)

And talking of the Swiss....this is one of their recently withdrawn banknotes

Note the orbit - with the red arrow pointing to the orbit object.....cutting through
- our solar system

(which.....uncannily ties in with...the above interview)






Could be a load of bolox, or dissinfo, but....it's major alternative radio....and the guys have an air of scientific authenticity.....and
- add to that
- the significant number of deep space astronermers who have died, suddenly/tragically/unexpectedly in recent years (many in colleague pairs)
- construction of....yet another....telescope (at the hospitable....south pole). In fact perfectly placed to observe - the above "orbit"
- the ....vatican... getting into observatories....in a... big way
(will keep it short and leave it there)

And my last thought - if true......everything that currently....doesn't add up

- would....add up

Would appreciate your opinions ?


snurkle1 - 12 Aug 2013 17:10 - 645 of 1034

Glad you had a nice time Gaz, although your thought process sounds far from relaxing.
I am on your page with all of it, it's a matter of when not if.
Of course the main question is to what extend?
Could it have anything to do with the pre planned Fukushima disaster as slowly but surely the worlds water ways are being poisoned? If that's the case, no amount of money will help. You have to be part of a selected few in order to get protection from that stuff.

what's your plan Gaz?

gazkaz - 13 Aug 2013 00:21 - 646 of 1034

Snurkle
- be prepared for 6 weeks. Anything beyond that and it would become increasingly a mad max scenario
- flexibility to adapt in the light of changing circumstances and peronal interpretation of changing events
- read much, believe little, until supported by multiple credible information.

Be mindful and concious of...... forecasts, predictions, analysis & prophecy

- but not live my life....in expectation of them.

I often read a plaque in my mothers garden (put there by my late father), as I pass by :-

"To plant a garden....is to believe in tomorrow"

The tomatoes and potatoes are looking OK, but
- the bugs are winning on the cabbage & sprouts front.
(but I'm learning :o)

On the latter question, I am sure it is connected, as was the BP Gulf incident.

Suprising just how many reactors are built on high seismic activity points.
In a high earthquake/tsunami zone - would you build one by the sea, with diesel powered back up generators below ground (& the generators designed for slow start/warm up on ships, not fast start, high rev emergency use).
- And would you store all the spent fuel rods at the same place.... in open cooling pools
- with the cooling...supplied by the same plant equipment.


With a - twist

gazkaz - 13 Aug 2013 00:53 - 647 of 1034

CFTC - supoenas the metals warehousing firms for all corres/records/emails with the LME.........after ?
- LME, was sold last year by..... its member bank owners
- to Hong Kong Exchanges and Clearing
(coincidence)

gazkaz - 13 Aug 2013 01:00 - 648 of 1034

John Embry of Sprott asset

"We had already been hearing about discussions of...... a significant..... revaluation of gold
- thousands of dollars higher than where it is currently trading, and...
- this is coming from respectable people"

Must have missed this on the MSM whilst I was away

“I was absolutely shocked by the comments out of Russia last week
- from (Prime Minister Dimitry) Medvedev,
- where he advised all Russians to...... get their money out .......all Western banks
- because there was going to be a bail-in.

This isn’t some sort of crackpot saying this.
- We are talking about the Prime Minister of Russia.
I was astounded by that ominous warning.
(Embry)

gazkaz - 13 Aug 2013 01:14 - 649 of 1034

First, it was JPM asking HSBC for assistance and getting a handout of
- over 6k ounces of gold.

The next day, following a shut out by HSBC,
- JPM had no choice but to go to the second largest vault,
- that of Scotia Mocatta and get
- more than triple times that, ......or just over 20k ounces.

Today, the Comex gold crunch has gotten so confusing, nothing short of a color-coded schematic can do it justice.

First, moments ago the Comex reported that JPM doubled down once more
- and received ......a third consecutive infusion
- of over 43K ounces from HSBC,

Just as we predicted last Thursday when we said, that "with HSBC moving 43.4K oz from Registered to Eligible, we would expect.......
- either another major Comex withdrawal in the next few days from HSBC,
- or this is merely HSBC making room...... for further gold "requests" by JPM."
(It was the latter to a tee).

However, what is most fascinating is that while HSBC could not say no to JPM's stern "requests", which also as predicted saw over 44K ounces of gold leave its warehouse forever in satisfaction of prior delivery demands, and in the process taking its eligible inventory to a record low of just 100k ounces,
- HSBC had to concurrently....... obtain a comparable infusion of gold
- from Scotia Mocatta,
which for the second day in a row has become the guardian angel of the Comex handing over........
- 20k ounces to JPM last week, and now 23k ounces to HSBC.

Finally adding to the confusion, all three major vaults proceeded
- to convert......... tens of thousands of ounces
- in and out of registered......... in a totally uncoordinated fashion,
(but at least this time there was no restocking of JPM eligible gold with Scotia registered).





And
The above chart only shows what happened in terms of.... intravault activity alone,
- where the only net exit of gold from the Comex took place at JPM.
Everything else was, well,......

- a "musical chairs" scramble to actually obtain the gold.

What is really going on behind the scenes, however, nobody knows.



gazkaz - 13 Aug 2013 01:29 - 650 of 1034

Bloomberg News television today lets Mihir Dange, co-founder of commodity trading firm Grafite Capital,
- remark that his company bought physical gold....... eight weeks ago
- but still hasn't gotten delivery yet.

Dange says....... "there's a huge run on physical now."

Dange's comment begins at the 1:30 mark in the video here


snurkle1 - 13 Aug 2013 03:37 - 651 of 1034

I'm sure many of us were thinking the same thing before the coin dropped.

"I didn't see the smack down coming when gold hit $1,900 and silver topped $46. How could I? It wasn't warranted. Nothing had changed, nothing important at least. QE was in full force; deficits were topping a trillion a year; America had become one giant welfare state; Bernanke was living up to his name of "Helicopter Ben;" The Chinese were starting to buy huge amounts of gold. How did I miss this large set back? Easy - it made no sense - and it was 100% orchestrated."

-David Schectman


snurkle1 - 13 Aug 2013 07:31 - 652 of 1034

Gaz, great links and posts.
Love the garden analogy.
I suppose the history one tells us we're pretty much screwed.

ps Not in today, but will call you tomorrow with an update when the boys have finished looking at it.... believe it or not, it did turn out busy over the last few days.

Saturn6 - 13 Aug 2013 10:02 - 653 of 1034

Gaz - Forthcoming disasterous events are going to increase, apart from the jump in man-made catastrophies such as train, plain, boat, bus disasters wars, riots, and criminal behaviour they will also include...Earthquakes that will exponentially increase along with tidal and volcanic activity around the globe which will cause major destruction and death. Weather related events such as storms, flooding, drought, fires, freezing, and baking, etc. 'The insurance industry claim payouts are the canary in the coal mine.' Don Forgeron, Insurance Bureau of Canada.

Disease and plagues, H7N9 Avian Influenza now has made the jump to humans...http://news.yahoo.com/strain-bird-flu-jumps-animals-humans-165957727.html Also SARS, Cancers, TB, Diabetes, Polio, Pnuemonia, Psoriasis, STD's, MRSA, HIV, Brain disorders...Alzheimers, Parkinsons, Schizophrenia, CJD, Bi-Polar, Autism, ADHD, etc.

Remember too the stockpiles of chemical, bioligical and toxin weapons. Anthrax, West Nile Virus, Botulism, Brucellosis, Cholera, Typhus, Smallpox, Yellow Fever, Ricin, etc.

Bee colony collapse disorder (CCD) http://en.wikipedia.org/wiki/Colony_collapse_disorder Locust plagues in Africa and Middle East...http://planetindistress.com/2013/05/10/famine-potential-from-locust-plagues-in-africa-middle-east/ 'Consuming 100,000 Tonnes of crops PER DAY'

All prophesied in the Bible and instructions therin on how to deal with it.

You believe that there is one God. That's fine! Even the demons believe that and tremble with fear. James 2:19


S.






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