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COMEX said warning brokers about December Gold squeeze
GATA ^
| 12/13
| Bill Murphy
Posted on 12/13/2008 7:18:14 AM PST by djf
click here to read article
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And so the fun begins.
I'm makin popcorn!!
1
posted on
12/13/2008 7:18:14 AM PST
by
djf
To: TigerLikesRooster
2
posted on
12/13/2008 7:20:50 AM PST
by
djf
(...heard about a couple livin in the USA, he said they traded in their baby for a Chevrolet...)
To: djf
Hyper-inflation begins?
3
posted on
12/13/2008 7:21:50 AM PST
by
blam
To: djf
4
posted on
12/13/2008 7:25:12 AM PST
by
rellimpank
(--don't believe anything the MSM tells you about firearms or explosives--NRA Benefactor)
To: djf; PAR35; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; Roy Tucker; ...
5
posted on
12/13/2008 7:25:22 AM PST
by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: blam
Not quite yet, but close.
For hyperinflation to happen, they have to find a way for all those “computer dollars” they gave to the banks to be turned into physical paper dollars, in the publics hands.
That’s why they’re moaning like an old whore over the fact that they can’t stimulate borrowing. People taking on debt is where they convert the fake stuff into the fiat stuff.
But people are debt saturated. And the confidence level is near zero.
6
posted on
12/13/2008 7:26:18 AM PST
by
djf
(...heard about a couple livin in the USA, he said they traded in their baby for a Chevrolet...)
To: djf
7
posted on
12/13/2008 7:27:31 AM PST
by
rellimpank
(--don't believe anything the MSM tells you about firearms or explosives--NRA Benefactor)
To: djf
Last time I bought copper pipe, it occurred to me that copper is the new gold! 3/4” 10 foot lengths are 15.67 at Home Depot right now. And I question the purity of the copper. I think there’s a bit more nickel in there than there used to be to keep costs down.
8
posted on
12/13/2008 7:27:32 AM PST
by
meyer
(We are all John Galt)
To: djf
“...and is advising the $840 December shorts to exit their positions. That is the remaining open position.”
I’m just beginning to learn about this stuff, can you explain what this means. The language always baffled me.
9
posted on
12/13/2008 7:28:03 AM PST
by
Leonard210
(Tagline? We don't need no stinkin' tagliine.)
To: djf
If anyone else has been trying to buy 1 oz silver bullion for physical delivery, it’s been intermittently unavailable or only on EBay at ridiculous premium over spot.
My wife was skeptical, but I picked up another 100 oz. last week when it came available at reasonable pricing. Just some cheap insurance, IMO.
10
posted on
12/13/2008 7:29:06 AM PST
by
ChildOfThe60s
(If you can remember the 60s........you weren't really there)
To: meyer
The price of copper has collapsed. Hope you didn’t buy too much at those high prices.
11
posted on
12/13/2008 7:31:16 AM PST
by
DManA
To: Leonard210
I don’t understand all that language either but it sounds like the people who’ve bet gold will down from $840 will get burned and better to minimize their losses now and cover.
12
posted on
12/13/2008 7:31:32 AM PST
by
rvoitier
To: ChildOfThe60s
You were lucky to get it.
A ummm... friend of mine went into a place last week with cash in hand to buy a 100 oz bar, from a place he has always, I mean always in the past been able to walk in, pay for it, and walk out with silver in hand.
Long time customer.
He got a runaround and was told March delivery is the best they can do now. Paid for it but I was not happy!
13
posted on
12/13/2008 7:33:15 AM PST
by
djf
(...heard about a couple livin in the USA, he said they traded in their baby for a Chevrolet...)
To: DManA
The price of copper has collapsed. Hope you didnt buy too much at those high prices.No. In fact, I redesigned the job and took 3 sticks back. No use keeping what I didn't need. BTW, the 1/2 inch was much more reasonable at $9.97 a stick.
14
posted on
12/13/2008 7:34:11 AM PST
by
meyer
(We are all John Galt)
To: djf
James Sinclair has been pimping this for months and egging people on to take delivery. Smashing paper COMEX gold is the holy grail of gold bugs
15
posted on
12/13/2008 7:37:27 AM PST
by
dennisw
(Never bet on Islam! ::::: Never bet on a false prophet!)
To: djf
Here sucker! Here sucker! Here Sucker, sucker. Wolf says hen house is safe!!!
16
posted on
12/13/2008 7:37:45 AM PST
by
org.whodat
(Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
To: meyer
You need to look up the price change in scape copper!!!
17
posted on
12/13/2008 7:38:52 AM PST
by
org.whodat
(Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
To: meyer
I’m seeing copper now at $1.46 a pound and nickel at $4.86.
To: DManA
The price of copper has collapsed. Hope you didnt buy too much at those high prices.Copper dives during depression/deflation> Gold can go up
19
posted on
12/13/2008 7:39:32 AM PST
by
dennisw
(Never bet on Islam! ::::: Never bet on a false prophet!)
To: djf
20
posted on
12/13/2008 7:39:34 AM PST
by
blam
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