I wish I was making this up. Clive Maund has gone from saying "stay the course" and "stupendous silver rally" to now saying expect a crack to 20-21. Just incredible. How on earth can people pay for this?

The best thing Clive is for is a contrarian indicator. So I guess Clive is really saying 45 by Friday ??

What a joke. Yes, I am sick of it.

http://www.clivemaund.com/article.php?art_id=67

"you'll have have to pry their cold, dead fingers off those controls."

That's really been Plan A for me all along...just waiting for everyone else to burn through their plan A, B, etc. and get serious.

So this is an  unquestionable pattern  change , three weeks in  duration.   Varying interpretations obtain. 1630  and 29, whats the scoop.

   Well the London Telegraph  just announced that the ECB  would buy about a trillion  US  in  Spanish and Italian  bonds, in an  effort to  break  the rate lift. This probably presupposes something friendly  at  12;30  tomorrow,  there is little point and no lasting effectiveness  in  half measures. So  beardo  at minimum talks  friendly.

   Equivalently intriguing is this most odd capping vs.   takedowns,  this is a pattern  change,  and it begs the question.

   One answer is found on the charts,   the takedowns get underway,   the vertical  drops get rolling,  then  bang  ,  they stop,    they  not only stop,   they often  immediately and equivalently   reverse.  Vertical  downs beget vertical   reciprocals.

  The reasonable inference  would be a wall of willing buyers,   I  guess we find this out  at noon Wednesday,  when  quivering lips   lets it rip.

   Or,  and so  tempting,  why smash  what you are long, and just perhaps the JPM silver short is a mask. So  cap rather than  smash.

   Now when Blythe  goes short ,  in the clear ,  5000 new silver contracts,   uh,    its kinda  cute,  dare I say  deceptive, its too florid,  its classic misdirection.

   The fishmongers daughter is the antithesis of short,   she is so  long she doesnt know if its Tuesday  or cold rice pudding,   think  opacity,  think  OTC.

  The thieves have shifted massively long,  gold is managed by price, its simply too expensive  for underwater homeowners,  so  jack and elsie aint playing at   1750  for a picayune coin.

   Macau  plays though,  merrily,  the freighters arrive daily, groaning with  silver bullion,  so the logic of giving it away  at half its price of   32 years ago  becomes very counterintuitive. or if you  prefer witless.  Really dumb  policy.

   Nobody is exiting their dollars for an  1800 dollar coin,   forget it,   but for 56 grey  ones  ,  well,    thats different.

   Slow silver boats to China make increasingly less sense,    not at   29,  maybe at   290,   but   29 is inconversant with  common sense.   After all ,  adjusting for the debauchery of the paper over the 32 years since it traded at   50  in  1980 ,  wich  is about times eight,  further adjusted for supply then and supply now, ..  12 billion  ounces are now a liars one. More likely there is none, witness the convenient  bankruptcies of Solyndra and  Kodak,  not to  mention their their thoughtful  receivers,  JP Morgan.

   Silver explodes, it spikes so  ugly its untouchable,  and becomes just as unbuyable as gold as it crosses  into  triple digits, and keeps on  going. The Macau  dockhands suddenly  stop their paroxyms of mirth,   now they  pay a fair market price, and Blythe keeps that iron face stitched on  ,  she is so  long its illegal.

thanks for those points.  i feel as if i've been fooled pretty good a few times in my life.  this is not something we can afford to be fooled by

...but some relatives who live in the US just asked me where to buy silver!

for mint boxes, I suggested tulving, but for smaller quantities I humbly have to ask the locals ;-)

anyone knows where to get the most bang for the buck in the US for orders above 100 Maples or Eagles?

Underpaid, underemployed and barely making ends meet
http://www.msnbc.msn.com/id/47872983/ns/business-us_business/#.T-DqSI7FAqY

Britain doomed,

apparently

Posted by Izabella Kaminska on Jun 19 16:15.

http://ftalphaville.ft.com/blog/2012/06/19/1050451/britain-doomed-apparently/

Full Report here

http://media.hindecapital.com/attachments/reports/full/129/original/Eyes_Wide_Shut_Part_I.pdf

http://www.breitbart.com/system/wire/CNG---3ff6b80e76f3a531701730d791b3fa9f---1c1

What a pointless exercise in pandering. Republicans and Tea Partiers can't help but fall all over themselves doing crap like this...they should be moving to block taxpayer funding and stop the corporate race shakedowns.

What can change the system?  Productive people who buy real physical gold and silver.  Not just talk about it, then buy SLV or GLD, but actually shuck off their paper crap, and buy the physical.  Many, many people doing this breaks their backs.  That is why, with all their might, they are keeping silver and gold under their thumbs--so it looks like a dangerous, bad investment to the sheep.  So the sheep will say, "I think Facebook is a safer play than schizo silver and gold."

@California Lawyer: I understand that you pointed out the current state of affairs and your belief that this could go on for some time? Am I missing something?

Gosave - I cannot really figure out what you wrote about. Is English your first language? ;-)

B

That article you linked is right on for what i have been seeing first hand.

   A side story... @ the Barber shop the other day and this guy in his 60's was talking about what a mess the economy is blah blah blah. He summed it up by saying,

    "I'm sure glad I'm not in my 30's right now and be handed this mess for my later years!"

      As I AM... it was all i could do to not growl at this 'Gentleman'

My Barber,an older gentleman, who is a savvy investor himself, as well as a good person, said nothing when that pompous fellow finished his rant.

For that i respect my Barber even more. I have known him for 20+ years.

  He was funny during silver's run up! He would say " I knew i should have been in silver, but I was lazy, and it's a bit late." 

   During that time I asked him what he thought silver would do, and he called the yet to be action very accurately.

$15 hair cut... and the best market predictions anywhere for free!

   Anyway, short stories from the front lines!

Your quote "How is success going to be defined going forward ?" is the key.   The entire world is in a blender and we really have zero control over the outcome.  Who or what has their finger on the blender on/off switch??  Some say TPTB or evil banksters or secret billion dollar empires or the Masons.  Others see the prince of darkness and the true evil empire pushing the buttons.

But the question is what defines success?  If we have a strong, healthy family, a great home life, a garden filled with vegetables, a can house stocked with canned goods, a secure piece of land away from the inner cities, hard working adult children who have a work ethic, children who show love and respect for the older generation, children who have the inner mark of Life & Peace and not the outer mark of tattoos, offspring who have never known drugs nor the courts, these are the things that make up for success.

If we could change the world to the way we would want it and we did not have the other items listed above, we would still not have success. It really does not matter who will be in the White House the next four years or thirty years.  We have past the point of a healthy America.

I mentioned in a post that I was in Kalispell,Montana this week and saw several people asking the citizens to repent of their deeds.  I did not see any line.  If the nation does not turn from its current direction, much tribulation awaits.  jmo

I was just expressing frustration, in my little way.  It is VERY difficult to remain unaffected by the constant, idiotic decisions being made by those in charge.  We all see it so clearly here; yet, the drivel on television, the total lack of reporting on any of this, the diversions, the bread and circuses if you will, it is all so frustrating, especially when we all know the system cannot possibly keep going on and on without change.  Yet, the system keeps on going.

I am making a statement, yes.  I am NOT advocating war.  In fact, we should be withdrawing from countries all over the world, just like Ron Paul said.  Oh well.  Thanks for not being too hard on me.

It is more than that.  It is not my belief that things could go on like this for a long time, it is, sadly, my acceptance of the reality that despite what I know, and can see, that still, TPTB manage to keep the game afloat.

For example: 

Obummer unilaterally, unconstitutionally, refuses to uphold the constitutional requirement that he uphold the laws of the USA, by enforcing federal immigration law.  Instead, he suspends a portion of the law, a waiver for a special, privileged class of persons he alone deems worthy, and refuses to follow the law.  He did this openly, brazenly, with no regard for consequences, surely of which he knows will never come given the current state of things.

Why don't we all just admit that we have lost our country already?  Which occupier of the White House will EVER relinquish power?  It matters not who wields it.  It only matters that the occupier has taken it, unconstitutionally, from Congress.  Who is brave enough to stand up to the tyrant, King Obummer?

When the media refuse to question this, when talking heads spring-load to trip over themselves supporting the dictator Obummer, when the Praetorian Guards surrounding the occupier flaunt laws and no one goes to jail, well then, we do not have a democracy, we have a dictatorship don't we?

Why would the banksters want to chance it?  Why would they not want to keep the system in place?  They will keep it in place.  And we all will watch as our freedoms drain away and wonder where they went.

I know the solution is for the folks to awaken, but how to pry them away from the idiot box?  How is it conceivable to believe that someone who pays zero taxes will somehow rise up and act to stop the very handouts that keep that person alive?

Collapse will be bad, sure, but is it not the only way to rid the system of its corruption and warped incentives?

So, yes, I am frustrated.  And I do apologize for taking a lot of words to express it, but not really.

Feels better already.  Glad I can come here and rant, and no one tries to slip a straightjacket on me . . .

Just feeling very upset at the latest arrogance from Obummer and the captured media.

Why is the media starting now to point out the warts on Obummer?  MOPE, right?  Exactly.

So, we know what that means.  Romney is the chosen one.  Who will be his running mate?  Who will be Obummer's running mate when Biden suddenly takes ill, and withdraws?  Will TPTB force Biden to stay on the ticket?  If there is a new VP on Obummer's ticket, that will certainly invite some curiosity, won't it?

Anyhow, I am going to go run some hill repeats . . .