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Irishfan1
28th October 2009, 16:29
These last few days have been a disgusting repeat of last year. Silver and Gold down. Stocks down. Dollar up. I just hope it doesnt go all the down again. Is Jp Morgan behind this all?

SilverHawk
28th October 2009, 16:48
Wait til you see this fridays COT report! (although it runs tuesday to tuesday)

ccjoe
28th October 2009, 16:59
These last few days have been a disgusting repeat of last year. Silver and Gold down. Stocks down. Dollar up. I just hope it doesnt go all the down again. Is Jp Morgan behind this all?

I feel guilty going to the bank tomorrow and wiring the money to JP, our nemesis> new bank for APMEX:(
I think fundamentals have changed completely since last year and silver WILL skyrocket as inexorably as the Damned Yankees winning too often.

SilverHawk
28th October 2009, 17:10
I feel guilty going to the bank tomorrow and wiring the money to JP, our nemesis> new bank for APMEX:(
I think fundamentals have changed completely since last year and silver WILL skyrocket as inexorably as the Damned Yankees winning too often.

Then wire the money to Tulving. They do the same thing, cheaper! And faster!

Come on Joe, I thought you were a Tulving man?

slvr
28th October 2009, 17:29
I feel guilty going to the bank tomorrow and wiring the money to JP, our nemesis> new bank for APMEX:(
I think fundamentals have changed completely since last year and silver WILL skyrocket as inexorably as the Damned Yankees winning too often.
I hear JP Morgan has been asked by the IRS to track and report all purchases - even though they are not reportable. They want to track them for "future reconciliation purposes"

Just like the off-shore accounts, I guess.

SilverHawk
28th October 2009, 17:45
I hear JP Morgan has been asked by the IRS to track and report all purchases - even though they are not reportable. They want to track them for "future reconciliation purposes"

Just like the off-shore accounts, I guess.

LOL. And where did you hear this? Not that I doubt it.....

SilverHawk
28th October 2009, 17:48
When I go down to my local coin shop, there is no record or nothing of who I am and what I'm buying. Cash of course. Checks and CC's will leave a track.

If you move around the country enough, open and close bank accounts a lot, I think you can shake 'em

ccjoe
28th October 2009, 17:52
Then wire the money to Tulving. They do the same thing, cheaper! And faster!

Come on Joe, I thought you were a Tulving man?

Silver--Read my post--My LAST 4 grand:( I bought 235 ounces where hannes wants the 500 minimum.
I do stuff with APMEX when the funds are low esp. with this .59 over spot deal.

slvr
28th October 2009, 17:54
LOL. And where did you hear this? Not that I doubt it.....
I'm glad you found it amusing .. I did :)

ccjoe
28th October 2009, 17:54
I hear JP Morgan has been asked by the IRS to track and report all purchases - even though they are not reportable. They want to track them for "future reconciliation purposes"

Just like the off-shore accounts, I guess.

You know we NEVER sell and never will so there's NO reporting requirements:)

Relayer
28th October 2009, 18:12
prevents the holders of futures (that were in the money) expiring friday from taking delivery.

MasterQ
28th October 2009, 18:13
These last few days have been a disgusting repeat of last year. Silver and Gold down. Stocks down. Dollar up. I just hope it doesnt go all the down again. Is Jp Morgan behind this all?

Indeed.

And yes I have pondered this question too.

I don't think it likely as the years before that (thank you Kat!) have shown it not to be a regular event.

Then again, since when has this year been regular?

Took this long in the month of October to finally slow the crazy train.

The end of this week may show some signs up but it has a much steeper mountain to climb again.

I would rather see how the first week of November pans out to truly see a turnaround. For now 15.95 is looking like the next target. After that it becomes harder and harder to call since the only support will be retracement to this year's low and then last year's.

To put some sense with this I would say anything right now is a decent buy and again 15's is a must. We would then have basically come back full circle just before this last pop with opportunities to trade once again.

-Q

slvr
28th October 2009, 18:24
prevents the holders of futures (that were in the money) expiring friday from taking delivery.
Great point! That could be very key to this huge move down. What if they had to do it because of a lack of silver? Possible?

Relayer
28th October 2009, 18:35
Yes it creates less of a demand for the real thing. But this is nothing new. They've done it before. They do it because they can!

slvr
28th October 2009, 18:50
Yes it creates less of a demand for the real thing. But this is nothing new. They've done it before. They do it because they can!
BASTARDS!!!!

valerb@bellsouth.net
28th October 2009, 22:52
When I go down to my local coin shop, there is no record or nothing of who I am and what I'm buying. Cash of course. Checks and C's will leave a track.

If you move around the country enough, open and close bank accounts a lot, I think you can shake 'em

You sure can, if you have a fake social security card. At least here in Georgia, they asked to see your SS card for proof of ID when opening a bank account. Any transactions over $10,000 requires them to report it to the FED.