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Just down the park........

 

thats really interesting, keep us updated.

i'm always fascinated at the idea of 'finding' something for free, i guess all of us are, pirate treasure and all that. :)

 

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didn't really know to put this one, so silver always looks a bit neglected & there is a specific reference to silver from Jim Willie latest (although I don't subscribe so class it as very good anecdotal): my bold.....

 

 

 

a decent link & a good read

 

"There are a few developments I would like to share with you. Two years ago in August 2008, we received news from Jim Willie that there was going to be 3 major failures

and they would have a disastrous effect on the usa economy. We reported this to you.

 

Yesterday, we got the following from the same source and I feel that I should pass this onto you:

 

Subject: From Jim Willie

 

A highly reliable sage source from the gold banking world and international consulting is loaded with deep insight, vast experience, solid connections, ongoing relationships, privileged insider information, and diverse industries tied to banking. He tipped the Jackass off in early August 2008 as to the weekend of September 15th being one to mark in history as three great failures would occur. He gave one month advanced notice of a locus of failure in three places, with great urgency. My guesses of Lehman Brothers and Fannie Mae were correct, but a blank came on the third which turned out to be AIG. He has frequently shared a viewpoint on the inevitable USTreasury default in the coming years. He first enlightened me as to the USFed resignation pathway to default, after it was loaded to the gills in toxic irredeemable impaired assets that no banks wanted. As buyers of last resort, the USFed would choke to death. Rather than a citation of path to default, he shared a great risk of a major event. He said, "The USGovt will devaluate the US$ by 50% overnight in the not too distant future. They need 11 days to do this. If they push it, they can do it in 6 days. So look for a long holiday weekend as an opportunity. The best time to do this is the Christmas / New Year time window. They tried to do it in 2005/2006, but the Chinese put a gun to their heads in Washington and they backed down. You can slice and dice it as you like, but the USDollar is dead and so is the Euro. The systemic change will be a cataclysmic and traumatic event for the West, since all it stands for will go into the toilet in a blink of an eye. The period immediately following the collapse will be filled with violence and total breakdown of law & order. Keep an eye on Greece. It is the guinea pig and incubator for what is coming to Western societies." He went on to mention some positive regenerative power left in the US people to reclaim their country and to restore its legal framework. Soberly, he warned it will be ugly, but loaded with great opportunity. So he sees a sudden massive USDollar devaluation with grand shock waves from vengeful reaction.

 

 

end."

 

then this also (again my bold/smilies):

 

"I cannot highlight the passages as Dr Willie wrote the commentary on a paid subsription. However he did quote me and I can release this:

 

GOLD DEMAND GOES GLOBAL

 

◄$$$ HARVEY ORGAN ON SILVER & GOLD. HE REPORTS THAT THE GOLD DATA LOOKS ALMOST LIKE A WORK OF FICTION. SILVER IS BEING DRAINED ON THE PHYSICAL SIDE. ;) $$$

 

Organ provides fine commentary on the day to day events, shenanigans, and cloudy spew directed at the metals exchanges, as they scramble to avert their demise. He wrote recently, "So you see a massive difference in gold and silver. In gold everyone reduced their positions. Those that were long reduced their longs. Those that were short reduced their shorts. Even the spreaders reduced their spread positions. This is not normal behaviour and something big has happened. In silver, basically what we expect, as the large specs increasing their long positions and the commercials like JPMorgan increasing their shorts by supplying the paper. Is it possible that many of the contraction in Open Interest is the receiving of gold notices through the GLD? And not report on this? Ladies and Gentlemen: the gold COMEX figures just do not pass the smell test. Something sinister is going on behind closed doors. The figures just do not add up. Maybe I am wrong, but it is totally different to the silver COMEX market."

 

end."

 

it's that strange shutdown of the LBMA and the subsequent whisperings that has obviously sparked this recent flurry of doom....

 

we are very close folks.....can't you sense it ??

 

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It seems the action in silver is finally getting started. :)

 

Has it something to do with the CFTC (<150 days left)?

 

http://jsmineset.com/2010/08/25/extraordin...ll-gold-higher/

Extraordinary Action In Silver Helping Pull Gold Higher

 

Dear Friends,

 

Something extraordinary is obviously occurring in silver as it continues to shrug off any selling pressure that has normally been tied to the “risk aversion” trade. This is the second day in a row in which it has moved sharply higher blowing through chart resistance levels with ease and forcing a huge deal of pain for the shorts.

 

I cannot say with certainty what is occurring but it appears that one or more big players is challenging the perma shorts in this pit and is evidently doing so with great success thus far.

 

Silver is actually pulling gold higher in spite of the obvious capping that is occurring by the bullion banks above the $1,240 level.

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It seems the action in silver is finally getting started. :)

 

Goldfinger would you be able to point me in the direction of a silver versus gold in £'s chart please.

 

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It seems the action in silver is finally getting started. :)

 

JP Morgan ??

 

banks buying rather than shorting ?? just like the barrick gold shorting last year (iirc) ?

 

or IS THIS IT...... :o

 

h'mmmm, so much info & dis-info (JPM)..........??

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have you got some silver rigger ?? I can't remember now....

 

Of course not ;) and thanks for the help when I P.M'd you <_<:P

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I was being genuine actually. Really.....

 

what PM ??

 

Yes I know......don't worry it was months back, must have got lost in the post or when you did a spring clean pre hibernation.

 

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Yes I know......don't worry it was months back, must have got lost in the post or when you did a spring clean pre hibernation.

 

I always delete all my posts after a few days on all sites I post on......sorry if I missed one from you. :unsure:

 

get some physical silver bought asap Rigger. :o

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I always delete all my posts after a few days on all sites I post on......sorry if I missed one from you. :unsure:

 

get some physical silver bought asap Rigger. :o

 

IF i did hold some, I would guess anything with the queens head would be useful as once suggested by a certain G/F for someone U.K based. Though those A.S.E's look nice and 1kg bars seem good stocking fillers to me.

 

WARNING: Truck reversing - just trying to time my arrival for the next larger collection maybe I shouldn't.

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IF i did hold some, I would guess anything with the queens head would be useful as once suggested by a certain G/F for someone U.K based. Though those A.S.E's look nice and 1kg bars seem good stocking fillers to me.

 

agreed.

 

 

 

WARNING: Truck reversing - just trying to time my arrival for the next larger collection maybe I shouldn't.

 

you definetly should.

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Goldfinger would you be able to point me in the direction of a silver versus gold in £'s chart please.

Do you mean both in one chart?

 

Here is a comparison since 1968/1999/2010:

 

http://gold.approximity.com/since1968/asse...arison_GBP.html

http://gold.approximity.com/since1968/asse...on_GBP_LOG.html

 

http://gold.approximity.com/since1999/asse...arison_GBP.html

http://gold.approximity.com/since1999/asse...on_GBP_LOG.html

 

http://gold.approximity.com/since2010/asse...arison_GBP.html

http://gold.approximity.com/since2010/asse...on_GBP_LOG.html

 

Or, for currencies, for instance:

 

http://gold.approximity.com/since1999/curr...arison_GBP.html

 

All this also exists UK RPI-adjusted or for other time intervals if needed.

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I haven't been watching silver this week, wow, nice move!

If this is CFTC-related, then we could see much more of this within the next 6 months.

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Maybe, really hope not, though doing my best to be prepared - but there are far worse things, someone very close to me developed terminal cancer so I showed them Randy Pausch's last lecture - they have since gone on a fiat spending spree

 

 

Life REALLY is too short....especially for arguments ;)

 

thought I would stick a reply in this thread Rigger. My virtual thoughts are with you, very sorry to hear about that. Bon Courage mon ami. :(:)

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Do you mean both in one chart?

 

Yes much appreciated. The 5th and 6th were close to what I was looking for and along with your gold/silver ratio chart.

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thought I would stick a reply in this thread Rigger. My virtual thoughts are with you, very sorry to hear about that. Bon Courage mon ami. :(:)

No worries, appreciate the comment, i'm an hard nosed sort and $hit happens. When it does though it's not much fun moping it up, but when a person you know well gets on with it as if nothing has happened, you get perspective.

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Yes much appreciated. The 5th and 6th were close to what I was looking for and along with your gold/silver ratio chart.

If you know how to do this with something like photoshop then you could also superimpose the simple gold and silver chart:

 

http://gold.approximity.com/since1999/Gold_GBP.html

http://gold.approximity.com/since1999/Silver_GBP.html

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If you know how to do this with something like photoshop then you could also superimpose the simple gold and silver chart:

 

http://gold.approximity.com/since1999/Gold_GBP.html

http://gold.approximity.com/since1999/Silver_GBP.html

 

Never gave it much thought before, hence the question; but it would be lazy of me not to try when I get chance now you've explained it.

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Never gave it much thought before, hence the question; but it would be lazy of me not to try when I get chance now you've explained it.

Checkout goldprice.org

 

http://goldprice.org/gold-silver-ratio.html

 

Click on "Live Gold Price". You can then choose from "Instruments"... and overlay gold silver prices etc.

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