Long Position on Silver and Gold?

[rbeau30]

i'm looking for land.

[4runner freak]

Silver is at $14.87!!!
Silver.com is the cheapest at $18.41/oz for SAEs.

[Great-Kazoo]

Silver is at $14.87!!!
Silver.com is the cheapest at $18.41/oz for SAEs.

$19 and change with a CC. I prefer to pay a bit more but deal locally.

[roberth]

Oil is headed to $50 too. Good news for the consumer, not so good for Weld County and North Dakota.

[rbeau30]

Yeah, I can't imagine all those fracking companies that probably are in so much debt right now that thought they could ride the fracking wave, can't produce oil to cover their expenses.

[Sawin]

The silver guy at Tanner had rolls of SAE's for $366, if I recall correctly.... Pretty good IMO. Regular bullion rounds were $320 for a roll...

[roberth]

Yeah, I can't imagine all those fracking companies that probably are in so much debt right now that thought they could ride the fracking wave, can't produce oil to cover their expenses.

That is one of their problems, they borrowed money based on $100+ a barrel oil, of course no one at the bank raised the question "Are you sure oil will remain at $100?" It is possible both parties expect FedGov (that's us) to bail each one out and why not.

Joe Citizen bailed out the fucking bankers with TARP in 2007 - should have been allowed to fail so solid banks could pick up and manage the assets properly, GMC and Chrysler - both of which should have been allowed to fail so they could re-negotiate their crappy UAW contracts (FUCK the UAW those fucking fucks), Solyndra and all those lying, goddamn, worthless, no-load, cockbreath, money-laundering for campaign contributions to the (D) "green" companies, Fannie and Freddy for loaning money at the behest of FedGov because everyone deserves a house even if you're a crack-smoking, halfwit welfare shitstain who can't even get the scratch to buy back their cubic zirconium from their pawn broker and on it goes.

Pardon my french...

[MAP]

That is one of their problems, they borrowed money based on $100+ a barrel oil, of course no one at the bank raised the question "Are you sure oil will remain at $100?" It is possible both parties expect FedGov (that's us) to bail each one out and why not.

Joe Citizen bailed out the fucking bankers with TARP in 2007 - should have been allowed to fail so solid banks could pick up and manage the assets properly, GMC and Chrysler - both of which should have been allowed to fail so they could re-negotiate their crappy UAW contracts (FUCK the UAW those fucking fucks), Solyndra and all those lying, goddamn, worthless, no-load, cockbreath, money-laundering for campaign contributions to the (D) "green" companies, Fannie and Freddy for loaning money at the behest of FedGov because everyone deserves a house even if you're a crack-smoking, halfwit welfare shitstain who can't even get the scratch to buy back their cubic zirconium from their pawn broker and on it goes.

Pardon my french...

You mad bro?

[roberth]

I'm tired of being on the hook for every financial folly that FedGov forces Joe Citizen to pay for.

[Great-Kazoo]

Who cares what PM's and O&G are at. My portfolio in the upsadasium mine has been strong from day 1