WC Varones

Don't lend your hand to raise no flag atop no ship of fools

Silver never sleeps

As the banksters take the day off for Presidents Day, silver hits $33.50 $34, a new post-Hunt Brothers high, and up 20% 22.5% in February alone. Gold is back up at $1400.

Meanwhile, Zimbabwe Ben is still printing.



Silver and gold never lie to you about their balance sheets. And central bankers can't print silver and gold.

If your financial adviser doesn't have at least a small (~5%) allocation to precious metals, it's time to look for a new financial adviser.

25 comments:

Independent Accountant said...

WCV:
I'm still alive. Here I go again, "Got gold. Get more. Got bonds? Fool, sell immediately".
IA

Anonymous said...

happy weekend

Anonymous said...

might this be then end?

Anonymous said...

you think there's any amount of silver that BB would take in return for Lucille? He MIGHT have a price but I can't see him givin' her up...might have a few of his boys work over the would be buyer, give him a serious ass kickin', take the mo'fuckin' silver AND KEEP Lucille. Step over his punk ass body and go have a drink.

Anonymous said...

Yeah, it went way too far too fast. Hopefully it will settle in the 20's so we have some time to accumulate more at a good price.

wcv said...

oops that was me

Anonymous said...

Don't get me wrong - I am hoping you make a few bucks. You got a shack to pay for, maybe a wifey you gotta keep happy, maybe a kiddie to put through school ALL WHILE LIVING IN A STATE WITH A MOTHER FUCKER FOR A COST OF LIVING??? You pull that off, you're a better man than I, Gunga Din. Just remember, Bulls make money, Bears make money and fucking pigs go to the slaughterhouse. I told brotha' Chuckles to collect some scalps when it went over 45 but he's a greedy fucker sometimes so he probably sat tight and lost part of his ass....oh well, he'll live to fight another day.

Anonymous said...

Silver prices may finally be stabilizing after last week's plunge.

May silver futures rose 66 cents, or 1.9%, to $35.94 an ounce in trading on the electronic Globex market Sunday evening.

Gold also was higher, with June futures adding $6.30 to $1,497.90 an ounce.

c'mon in, the water's fine

just remember WC, pioneers catch all the arrows....whoop! whoop! whoop! let's go huntin' for some scalps!!!

Anonymous said...

So I heard from brother Chuckles the other day and lo and behold, he actually listened to his little brother (for once) and started eyeballing the situation when the price went to 45 per ounce. Took some off the table and made himself a little profit.

Now what's this????...

"At least according to this update from 24hourgold it is crisis averted for Blythe and her Merry Pranksters, just in time for the May - June deliveries, as 37 million ounces of silver have been added to the dealer inventory at the Comex."

just remember WC, these assholes didn't get to where they are today by being altruistic Saints They are not to be trusted any further than you can throw their sorry asses and unfortunately, they are the ones making the rules and they don't play fairly in the sandbox. Some ass clown that bought at 6 per ounce a few years ago unloaded some at an orchestrated time.

Anonymous said...

That's a lot of silver to just suddenly appear out of thin air, wouldn't you agree?

to use an old SNL Church Lady phrase:

Well, how convenient????

Goodbye to romance, yeah...

Goodbye to friends....

W.C. Varones said...

Yep, that's a lot of silver to mysteriously appear.

But silver's up again today.

I'd suggest taking advantage of the manipulation and volatility by dollar-cost averaging into silver over the next few years. Buy a few hundred bucks a month or whatever you can afford.

Anonymous said...

"Yep, that's a lot of silver to mysteriously appear"

I'm betting it is like mice... when you see one in your house, there are probably several more hidden out of sight, crawling around in the walls. Our thought is that it will form a new floor between 30-35, climb a new stair in the ladder (perhaps to 65 or 70 this time) and suddenly, as if by magic, a glut will hit the market and drive down prices (again). Wash, rinse, repeat - only this time, it has become much more expensive to play in the sandbox. Too rich for my chickenshit blood but Brother Chuckles has a little more "ass in the saddle" than yours truly so he'll probably go in for another hand of cards. Not me... Prudence is my middle name (when it comes to money).

Anonymous said...

Wolfgang Schäuble thinks that Greece will be very competitive as a potential exporter of renewable energy in the future. “One approach could be to push the Mediterranean countries stronger to participate in our push towards renewable energy, for example with solar energy”, Schäuble told the weekly Die Zeit. “Greece has many more hours of sun per year than we do in Germany and it could export electricity to us.

Solar = hi yo Silver, Away!!!

Anonymous said...

which came first, the chicken or the egg?

“Global silver prices have gone up a lot, and solar cells use silver paste as the front-side contact material,” Shawn Qu, chief executive of Canadian Solar Inc. (CSIQ), which is based in China, said in an interview. “The increase of the silver costs will give us a challenge in efforts to reduce solar cell costs.”

middle east turmoil + fundamentalist rag heads + US War on Terror = high oil prices = solar panel interest production = silver demand = speculation in silver = run up, etc., etc.

<a href="http://www.youtube.com/watch?v=AWtCittJyr0>absurd, don't you think?</a>

Anonymous said...

whoops! let's try that again!! my bad!

Anonymous said...

more solar plus silver news

Anonymous said...

NRG Energy is slated to be the lead investor in the project's first phase, a 15 megawatt capacity to be installed in Southern California

Anonymous said...

this solar panel news is enough to make me wanna have Al Gore's love child.... Silver Bulls for Al Gore in 2012!!!!

Anonymous said...

bidding up, up and away. I mistakenly thought it would be solar panel production that would lift silver the most but it is wind....hot air from Congress that is lifting it the most. Keep your head, WC. I believe there is some money to be made. You got to know when to hold them, know when to fold 'em... know when to walk away and know when to run....

Anonymous said...

wow, rode Francine home mid day, took the dog for a jog, had an orange an a power bar (had fried dill pickles yesterday and gotta compensate) and the market (equities, oil, metals) took the high hard one up the shit chute all the live long day doo dah doo dah. frickin' prison gang raped...frickin' Captain America explosive orgasm blow the market's brains all over the dashboard in the Dunkin Donuts drive thru.... Mr. Market Correction is going to have his way with this bitch one way or the other (I think).

Anonymous said...

down, up, down, up, down, up.... still up for the year but off the high point. With the higher stakes of entry to the table and volatility, some traders are likely making a killing. Silver used to be a nice $2 hand of black jack with watered down but free drinks at one of the retro casinos off the main strip but it has now "gone Bellagio".

nothing but fond memories now.

Anonymous said...

Ahoy Matey!

Anonymous said...

Hmmm, if the gub'mint throws huge piles of money at solar companies riding a boom created by high oil prices and possibly artificially raises demand for the world's best conductor of electricity do you think it was thought out and calculated for just a mis-step of policy makers?

Anonymous said...

"Prudence is my middle name (when it comes to money)."

these assholes didn't get to where they are today by being altruistic Saints

Anonymous said...

"these assholes didn't get to where they are today by being altruistic Saints" you know who this is.

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