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Re: "Silver Roars Higher as Short Squeeze Rocks the London Market"
In high school, worked in the summer at a book depository right near the Jersey City entrance to the Holland Tunnel. It was probably equivalent to 3 or 4 blocks long and a block wide. There were a lo… (View Post)1 -
Re: Fed opens new Repo facility of $490 billion to bail out mid-sized banks.
Well I think most folks would label the $700B TARP, and other programs, a bailout when the FED bought toxic assets and gave cash to allow these institutions to continue since the income on these asse… (View Post)1 -
Re: ̶$̶̶2̶̶0̶̶$̶̶3̶̶0̶̶$̶̶4̶̶0̶̶$̶̶5̶̶0̶̶$̶̶4̶̶0̶̶$̶̶2̶̶5̶$50+? Gutter Metal?
Gold was $2,600+ and silver $30 back in Jan. If you told me it would be $4,000 and $40 by year-end, I'd be thrilled. In for the long haul. (View Post)5 -
Re: Fed opens new Repo facility of $490 billion to bail out mid-sized banks.
But don't you think the US and EUR banks are so financially intertwined if DB, Barclays, UBS or BNP were in big trouble so are the US banks? The BASEL #'s were purportedly created for all the big ban… (View Post)2 -
Re: A Major Refiner/Wholesaler Temporarily Pausing the Purchase of Alloyed Silver (.925, 90%, 40%, etc.)
Needed to shake out the highly leveraged 'paper' speculators. They jump in to make quick profits on the upside and cause the volatility when they have to sell to cut losses. 5% losses are nothing com… (View Post)2
