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Analysis by Endlessmountain

i dont get what you're getting out of critizing charts?

so you don't believe his charts? fine. 

personallý I appreciate ivars work, he's bringing something to the table.

Dr. G.: You have to understand this: Ivars himself has stated that he is not a trader nor a investment advisor, he just started doing some research on current event and its consequences in the near future.  If you go to saposjoint.net you will realize that Ivars was discussing themes such as: "Quantum Physics", "Deconstruction of the electron",       " Von Staudt derival of geometry from projective properties of space", etc...along with others very clever folks around the world. I mean, Ivars was in another world and I think he just wanted to take a break and play a little bit with some math so he came up with some nice charts. If you check on that site, he predict on March 2011 that silver would go to 45-50 and crash by April 2011 (Silver actually crash on May 1, how dare you Ivars to make such a brutal mistake of 1 day!!, sarcasm). Then, in the same prediction he said that silver will to the 40's and crash again by late summer and then sideways until April-May 2012. That is when silver should take off, however he said that his predictions was not perfect and silver could take off by May or September because all the elections theater. http://saposjoint.net/Forum/viewtopic.php?f=14&t=2626&st=0&sk=t&sd=a&start=40

Dr. G, if you are really a Doctor and like to study so you should take note of his work, link above. Now, you say that you know everything about silver (metals), oh yeah?, so, how come you seems so desperate about this correction?, it tells me you know little and have short time experience on this matter, if you were a old fella on this game you would know by now everything about the crash of 2008 and how silver and gold market have been way before 2008.

It is being stated by Turd also that this situation is about a coming financial collapse no only here in the States but all over the world and "a" way to protect our savings is on physical metals along others things like, water, food, etc....it is not getting rich in the short  term, if you think that way, well you are been wrong my doctor. If you were a stacker you shouldn't be worry about a damn thing, but if you were trading paper, well that's different. Now, I wonder what does a  Doctor  doing in the papel game market?, is not your wages as a doctor enough for you?

Oh, and another thing, looks like you love the work that this guy Dan the fundamental view is doing ah?, Dan is just a jealous poor looser writing against something that we all know there is not repair http://thefundamentalview.blogspot.com/2012/04/silver-whistleblower-goes-trading-tout.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheFundamentalView+%28The+Fundamental+View%29. 

Thank you Turd for you spirit and site, Thank you Ivars for your patience and long term projections.

http://www.bloomberg.com/slideshow/2012-03-30/inside-apple-s-foxconn-fac...

To all those APPL worshippers claiming Foxconn is great....how about a photo essay published by Bloomberg on Foxconn?

Faber:

http://www.moneynews.com/StreetTalk/Faber-massive-wealth-destruction/2012/04/04/id/434832?PROMO_CODE=E969-1

Wiedemer:

http://w3.newsmax.com/a/aftershockb/video47.cfm?promo_code=E969-1

Some extract from supporting article:

Faber: ‘Massive Wealth Destruction’ Coming, Well-to-Do ‘May Lose 50%’

The critical question over the next decade isn’t “where will my returns be highest?” but “where will I lose the least money?”

That, according to economist and investor Marc Faber, is the scenario facing investors today.

As the author of the Gloom, Boom, and Doom Report, Marc Faber is a well-known contrarian, earning celebrity status because of his ominous predictions.

So his pessimism during a recent appearance on CNBC wasn’t surprising for a man whose nickname is “Doctor Doom.” What was surprising was the level of “wealth destruction” he sees in the not-too-distant future.

Faber stated, “I think somewhere down the line we will have a massive wealth destruction. That usually happens either through very high inflation or through social unrest or through war or credit-market collapse.”

“I would say that well-to-do people may lose up to 50 percent of their total wealth.”

Faber points out that this bleak outlook for the United States has been caused by Federal Reserve Chairman Ben Bernanke and the Federal Reserve’s continuous printing of new money.

He says that the bailout and money printing will not create any long-lasting wealth or create healthy growth, and that the collapse will come on Bernanke’s watch.

While Faber’s prognostications are worrisome (especially for those who fall into the “well-to-do” category), they are hardly as alarming as the scenario laid out by another economist.

Without appearing on CNBC, earning celebrity status, or being known by a scary nickname, Robert Wiedemer did what Marc Faber couldn’t: He accurately predicted the economic collapse that almost sunk the United States.

In 2006, Wiedemer and a team of economists foresaw the coming collapse of the U.S. housing market, equity markets, private debt, and consumer spending, and published their findings in the book America’s Bubble Economy.

But Wiedemer’s outlook for the U.S. economy today makes “Doctor Doom” sound like Mr. Rogers.

Where Faber sees a 50 percent loss of wealth for some, Wiedemer sees much more widespread economic destruction.

In a recent interview for his newest book Aftershock, Wiedemer says, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.”

When the host questioned such wild claims, Wiedemer unapologetically displayed shocking charts backing up his allegations, and then ended his argument with, “You see, the medicine will become the poison.”

The interview has become a wake-up call for those unprepared (or unwilling) to acknowledge an ugly truth: The country’s financial “rescue” devised in Washington has failed miserably.

The blame lies squarely on those whose job it was to avoid the exact situation we find ourselves in, including Bernanke and former Federal Reserve Chairman Alan Greenspan, tasked with preventing financial meltdowns and keeping the nation’s economy strong through monetary and credit policies.

At one point, Wiedemer even calls out Bernanke, saying that his “money from heaven will be the path to hell.”

Shocking Footage: See the eerie chart that exposes the ‘unthinkable.’
But it’s not just the grim predictions that are causing the sensation; rather, it’s the comprehensive blueprint for economic survival that’s really commanding global attention.

The interview offers realistic, step-by-step solutions that the average hard-working American can easily follow.

The overwhelming amount of feedback to publicize the interview, initially screened for a private audience, came with consequences as various online networks repeatedly shut it down and affiliates refused to house the content.

Bernanke and Greenspan were not about to support Wiedemer publicly, nor were the mainstream media.

“People were sitting up and taking notice, and they begged us to make the interview public so they could easily share it,” said Newsmax Financial Publisher Aaron DeHoog, “but unfortunately, it kept getting pulled.”

“Our real concern,” DeHoog added, “is what if only half of Faber and Wiedemer’s predictions come true?

That’s a scary thought for sure. But we want the average American to be prepared, and that is why we will continue to push this video to as many outlets as we can. We want the word to spread.”

Editor’s Note: For a limited time, Newsmax is showing the Wiedemer interview and supplying viewers with copies of the new, updated Aftershock book including the final, unpublished chapter. Go here to view it now.

It is great to have someone of your caliber posting here at Turdville. Your friendship and wisdom, is valued by lots of good people here.

fwiw...very unusual price action.

Tomorrow's payday.  My bills are all paid, so if the PM's can hold off rising for one more day, I'll be going all in for this week, and maybe for next week as well.  Keep hammering that price down, my new stack is not tall enough yet, especially after that unfortunate accident on the bridge where all my old stack flew out the window and into the bay.  BTW, did you know that your insurance does not cover losses of this type?

Found this on SilverDoctors.com this morning. Interesting... Buy now or wait.....?

The "more" does not seem to work

Even a blind dog can see how unusual this trading is...except in precious metals where unusual is perfectly normal. Just ask the CFTC, they see nothing wrong with this picture and thousand others just like it.

Reading that link to the silver stock report got me to thinking about the reasons one would hedge a silver position. If you are simply a mega-stacker who trusts JPM and believes AG is moving up, you would not hedge because it wipes out your profits. Only people in the business of making money WITH silver through the sale of it would need to hedge--miners who sell the stuff, industries that use it up, dealers that profit on the difference between buy and sell prices. If Silvertowne takes in 10K ounces of scrap over a week's time, they hedge with 2 contracts to protect that silver. They melt it and pour it into bars and sell them, making several dollars per ounce on the price difference. They do not want a three dollar drip in price to wipe out their profit. The hedge is unwound when they sell. Dealers and manufacturers are not in the business to speculate, thus they avoid any temptation to do so as part of their business model. Same with any industrial user. 

The US mint is probably the largest silver manufacturer in the country. I can see their need to hedge. But nobody needs to hedge as much as JPM holds.

The financial elite like Blythe know that the sheeple do not understand their world, that they can claim whatever they like, throw in  some financial jargon, and the sheeple will scratch their heads and wander away satisfied. 

But most of you here knew all that...

I understood that I have to move my floating Euribor 1M + 1,5  mortgage loan to fixed rate , at least fixed for 5-10 years. I do not know if that is possible, to fix only part of longer term loan, but I shall try. Not bad to get a definite idea what to do for Yourself from 1 video.

Whats happening to the silver price in this chart? It looks like the price is jumping vertically down to 30.94 then rebounding back to where it was almost immediately, repeated a few times. I see this fairly often. Is it s glitch in the goldprice website? or is it some real dealing? can anyone enlighten me?

Thanks