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Silver about to pass $40/oz!

calveless wonder said:
So a registered business owner who doesn't deal in cash, thereby having all his transactions traceable, is paying someone $40 an hour to work for him without factoring that in on his balance sheet and operating expenses? Thereby overinflating his revenue and forcing him to pay significantly higher taxes ?

Anyone else waiting for this to blow up?
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its not 40/hr. Its commission. I just happen to be a boss, that is all.

I dont think you get it. He just wants the parts on ebay. He is not paying me hourly. he pays me based on the job. higher taxes? yea thats what happens when you make more money brah. I am also getting 5% commission on sales above $8.00. So that is basically 40/hr plus commission. And in a couple weeks its gonna be a work-from-home job. 2.25 per post thats gonna make you 300% revenue MINIMUM, prob isnt a big deal, is it?

Like I said, officially ballin.
 
looooooooooooooooooooooooooooooooooooooooooooooooooooooollllllllllllllllllllll @ glad complaining about higher taxes.
 
75th said:
I think it was more so his attitude of "all you suckers went to your accredited universities yet are stoopider than me rolfmao" thing that rubbed us the wrong way.

In my experience, the funniest thing about most traders is that they are the absolute worst investors out there. I had a bunch as clients in my previous firm and, while smart doods, they had no idea what they were doing when it came to actually investing on their own.
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i don't disagree with that at all.

when people ask me what to invest in long term.. i tell them governmnet bonds. they look at me expecting me to tell them some hot stock tip. i will take the guaranteed 4-5% per year vs. the volatility of investing in commodities or equities anyday.

ironically the doods i work with are douchebags and clueless on macroeconomics, but for whatever reason they are good traders.. i believe it has to do with having the trader mind of seeing things in the short term, and not worrying about the big picture.
 
the.gladiator1987 said:
I wasnt complaining brah, i was saying my boss will have higher taxes because he will have more revenue from my ebay posts than if he didnt have anything on ebay.


Besides, im gonna make good use of obama's child tax credit money each year!
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I also am 1099 self employed.

you can writeoff a lot of things. leased vehicle, mortgage interest (if you own a home), rent (this is sketchy but if you work from home you should be g2g), utilities (this one is HUGE.. internet, power, water, etc), for me since I own rental homes depreciation is HUGE, entertainment, food, office supplies (computers, desk, etc).

if your accountant gives you hell about these writeoffs then find another one. since you are working on your computer from home, you have the aboslute right to write these things off.

also any losses you might have incurred the last 3 years can be carried over
 
You can't be this clueless

IF HE'S PAYING YOU COMMISSION HOW IS HE NOT GOING TO 1099 you?

There is no logical reason he wouldn't report the money he pays you on his taxes. It just helps reducd his adjusted gross income.

And did I also see you wrote that it wouldn't matter if parts sold for $1 dollar? Even if he pays you $2.25 a post, not including the fees he pays for eBay and paypal ?
So your boss would be ok with losing money for no reason ?

You seriously have no idea how business works.
 
stevesmi said:
I also am 1099 self employed.

you can writeoff a lot of things. leased vehicle, mortgage interest (if you own a home), rent (this is sketchy but if you work from home you should be g2g), utilities (this one is HUGE.. internet, power, water, etc), for me since I own rental homes depreciation is HUGE, entertainment, food, office supplies (computers, desk, etc).

if your accountant gives you hell about these writeoffs then find another one. since you are working on your computer from home, you have the aboslute right to write these things off.

also any losses you might have incurred the last 3 years can be carried over
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Have you not been listening steve?

He says he's getting paid under the table for this, cash. And doesn't have to pay taxes.

Despite that making no sense on the part of his boss.
 
calveless wonder said:
Have you not been listening steve?

He says he's getting paid under the table for this, cash. And doesn't have to pay taxes.

Despite that making no sense on the part of his boss.
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As usual Im sure were missing some key information since no business owner would be that stupid to not reduce taxable income. The cash expense is already there why the fuck take the IRS hit from it also lolol
 
Does it surprise anybody here that Glad has absolutely no idea of what he got himself in to?

Also, I'd love for someone to make a video documentary of Glad preparing his taxes and the inevitable audit by the IRS six months later.
 
calveless wonder said:
You can't be this clueless

IF HE'S PAYING YOU COMMISSION HOW IS HE NOT GOING TO 1099 you?

There is no logical reason he wouldn't report the money he pays you on his taxes. It just helps reducd his adjusted gross income.

And did I also see you wrote that it wouldn't matter if parts sold for $1 dollar? Even if he pays you $2.25 a post, not including the fees he pays for eBay and paypal ?
So your boss would be ok with losing money for no reason ?

You seriously have no idea how business works.
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Lol ur hilarious bro. Im getting 2.25 a post. The minimum I put an item on is for 5 bucks. I was making an analogy. Plus, dumbshit, some items have 100 quantity. So even if I DID put it for $1 that means if they all sold he would get 100 bucks and he only paid me 2.25 lolz

Ill ask him right now why im not a 1099 employer
 
awesome2.jpg
 
the.gladiator1987 said:
They said it was my choice.hahahaha and if I decide I want to file 1099 I can have a bunch of writeoffs like Steve said. I guess everyone else is 1099 but its my choice. So I think ill stick with cash
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DONT stick with cash, thats how people get assfucked by the IRS. Is he literally going to hand you dollar bills on payday? Thats a bad idea and theres a reason he wouldnt want to have the payment to you traceable and that reason wont be good bro.
Ask him to make you 1099 and get with Digimon on here for your taxes, he will hook you up and is really great to work with.
 
calveless wonder said:
Have you not been listening steve?

He says he's getting paid under the table for this, cash. And doesn't have to pay taxes.

Despite that making no sense on the part of his boss.
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yah bro.. between the bookie section, nhl and nba playoffs.. i honestly have just skimmed this thread.

i do think something smells fishy here and glad I would definately keep your situation under wraps.. don't go telling people he is paying you under the table.. these types of things can go on for years and then one day you or your boss gets a knock on the door. i've seen this happen with some restaurant businessman in my town paying immigrants under the table.

like cave you said, he is either a crooked businessman or you will be getting a 1099 at the end of the year. i've seen cases where accounting was such a mess that companies forget to send a 1099 for half their employees. dont think just cause you don't get anything you don't have to pay taxes. trust me, if he gets audited they will put the pieces together and come after you too. not worth it. if you just report the income and writeoff a bunch of things it would be smarter then just ignoring it
 
the.gladiator1987 said:
Dude, if its my choice if I want 1099 or cash, then obviously he doesn't give a fuck whichever one I choose. If I do 1099 how much will I lose
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You're missing the point about as much as this guy:

bus.jpg
 
It shouldnt be a choice Glad. If hes paying you cash theres a shady ass reason for that. Should be all 1099, keep it all clean and legal like.
 
the.gladiator1987 said:
Ok so im only cash for a couple weeks. Ill eventually be a 1099. I just signed a disclosure statement so I can't say anything else other than im balling harder than kobe
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A fucking nondisclosure statement, meaning you cant talk about the company or the work you do for them?

Yea, thats not sketchy as fuck or anything rob.

Jesus.
 
As they say -- past performance is no guarantee of future results.

Here's 100 years of silver prices:

silver1.jpg


There's a pretty steady rise until 1980. wouldn't you have loved to sell high in Jan. 1980? The Hunt brothers wish they had.
 
Mr. dB said:
As they say -- past performance is no guarantee of future results.

Here's 100 years of silver prices:

silver1.jpg


There's a pretty steady rise until 1980. wouldn't you have loved to sell high in Jan. 1980? The Hunt brothers wish they had.
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Your chart should go up to 100. The world is gonna end... Doi.
How often do you get paid Glad?
 
lol @ not knowing when you get paid.
 
Silver just popped $42, up 3.5% today, I noticed none of you cowards ever posted any of your stock, commodities etc picks, I take it you won't..................
 
the.gladiator1987 said:
No the boss told me something different than the guy who hired me. Its all good, its legit. Im balling bro stop spitting out the hateraid
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no one wants you to fail but your know it all attitude and unwarranted arrogance makes it comical, and in result makes no one want to help you (and will result, if it hasn't already, people wanting to see you fail)

i don't know how many times i've told you that

humility and respect, two things you need to learn in life. especially humility when you haven't accomplished anything. if someone is successful and they're an arrogant prick, even though it's douchey it's at least more understandable than someone has *zero* reason to be arrogant.
 
I just feel bad for his kid...kind of like how I feel bad for the dogs that homeless dudes drag around.
 
Joker just said he may just sell all his Silver in that other thread Glad. What do you have to say about that?
 
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calveless wonder said:
no one wants you to fail but your know it all attitude and unwarranted arrogance makes it comical, and in result makes no one want to help you (and will result, if it hasn't already, people wanting to see you fail)

i don't know how many times i've told you that

humility and respect, two things you need to learn in life. especially humility when you haven't accomplished anything. if someone is successful and they're an arrogant prick, even though it's douchey it's at least more understandable than someone has *zero* reason to be arrogant.
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I agree 100% although you need to take some of your own advice, I come on here talking about silver and am ambushed and flamed and for what? Because it has went up? Because the "rule" says no more than 10% PM in your portfolio? Times are changing, our world not just our country is in a crisis, rules are changing, where there was little demand for silver in the past now there is an overwelming demand. You have to understand that oil and gold/silver are not like other commodities, once they are gone thats it. You can grow more wheat,corn coffee etc., anyway I know i'm wasting my breath and I know there are those on here that want to see silver fail, but you can bet your sweet ass the US economy and the Dollar are the ones destined to fail. It is happening slowly right in front of all of us, kinda like when the titanic was sinking, but the band kept on playing........
 
Silver may be a better bet than gold:

Gold Priced In Silver Edges Ever Closer To The Natural Ratio Found In The Earth's Crust

^^^ so at Gold $1470, silver would be about $78.



Unrelated, but for gloating purposes:

I shorted Goldman Sachs last night and made $726 in 15 minutes. :D

I would have made a lot more had it not gapped down so sharply on opening. Lloyd Blankfein should go to jail.

Especially if they announce another massive profit on Tuesday.









b0und (fuck GS, scumbags)
 
jokerswild said:
I agree 100% although you need to take some of your own advice, I come on here talking about silver and am ambushed and flamed and for what? Because it has went up? Because the "rule" says no more than 10% PM in your portfolio? Times are changing, our world not just our country is in a crisis, rules are changing, where there was little demand for silver in the past now there is an overwelming demand. You have to understand that oil and gold/silver are not like other commodities, once they are gone thats it. You can grow more wheat,corn coffee etc., anyway I know i'm wasting my breath and I know there are those on here that want to see silver fail, but you can bet your sweet ass the US economy and the Dollar are the ones destined to fail. It is happening slowly right in front of all of us, kinda like when the titanic was sinking, but the band kept on playing........
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you get flamed cause you post opinions, and not facts.

the US economy already failed back in late 2008 and early 2009.. a very deep recession. -6% growth in a quarter. silver tanked. the dollar went up.

since then the economy has come back.. 2-4% growth per quarter ... silver has ripped up.

you are a classic example of someone who makes money by not knowing sh:heart:t about macroeconomics, just go by what you see on tv and propaganda.
 
stevesmi said:
you are a classic example of someone who makes money by not knowing sh:heart:t about macroeconomics, just go by what you see on tv and propaganda.
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This. Nobody gives a shit about silver going up 2% in a day and you making money. More power to you.

People think you and glad are retarded because of why you're putting all your money in silver. Stop watching youtube videos and getting your tips from infowars.com.
 
jokerswild said:
By the way i'm still waiting on some investment advice from you finacial wizards, all of you have bashed silver, lets here some it, stocks, commodities, bonds, lets hear your picks
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Here's some investment advice.

Invest in stocks.

At the very minimum, read the 10-K of any company you're considering investing in.

Don't believe most of what you read online that's not an SEC filing or from a service/site that's been around for a few decades.

Always consider the source of any information about a stock.
 
or joker why dont you SHORT the us dollar index if you think the dollar will go down. investing in silver is NOT a hedge vs. the dollar. silver is not an inverse derivative of the dollar index. turn off glenn beck. do you really think traders sit in front of their computers and short the dollar then buy silver as a hedge? currency traders do not hedge currencies with commodities. that is buffoonery at its finest if you think they do.
 
Lumberg said:
Here's some investment advice.

Invest in stocks.

At the very minimum, read the 10-K of any company you're considering investing in.

Don't believe most of what you read online that's not an SEC filing or from a service/site that's been around for a few decades.

Always consider the source of any information about a stock.
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You dumb lemming! Why would you buy anything that has anything to do with being backed by defaulting government notes!?!?!?! When the crash happens next year youll need silver to trade!
 
Bullshit about our fiat currency. Headline about government drugs controlling our mind. It's like gladiator threw up all over my computer screen:

20acuqa.jpg
 
the.gladiator1987 said:
I dont see the big deal really, instead of putting my money into a savings account, Im buying silver and using that as my savings. It actually helps me save more because I cant touch it and its not 100% liquid. All the signs are pointing to silver rising in value, and continue to rise in value. Cant ignore facts
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And if you need to use that money you will hand your lawyer or whatever bags of Silver valued at ten cents a piece? Or be like Oh Wait until I cash out my Silver? Get rid of it now.
 
OK, I didn't read a single bit of this thread, but I need you silver bugs help.
I've been reading about silver for the past 2 hours because going from 26 to 41 this fast is ridiculous. Even if you love silver long term you have to agree we are in some sort of mini bubble here.
My question is, how far and how high do you think this mini bubble can go before it pops a bit? I am going to buy either July or October puts but I know it's impossible to pick the top... what do you think about how far this run will go?
 
bran987 said:
OK, I didn't read a single bit of this thread, but I need you silver bugs help.
I've been reading about silver for the past 2 hours because going from 26 to 41 this fast is ridiculous. Even if you love silver long term you have to agree we are in some sort of mini bubble here.
My question is, how far and how high do you think this mini bubble can go before it pops a bit? I am going to buy either July or October puts but I know it's impossible to pick the top... what do you think about how far this run will go?
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you mean $43?? Up about 6% in 2 days???Then again those #'s along with a number of other facts are often confused with opinions by some morons on this board. As far as a top, and this is my opinion only, I think we will see a strong correction around $50, then a run at $80 within a year, personally I'm selling before $50 and wating for a dip into the $30's to buy back in. There has to be a point where the high $20's low $30's buyers take profits. There are those who say we will never see $30something silver ever again though so its your call, after years of being manipulated down it may run all the way to $100 without ever taking a breathe...........
 
lartinos said:
I don't follow you. (no one does)
If we made a thead called "biggest retard who posts here" somehow I think you would beat me.
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You can't follow something that basic, that silver has value worlwide? Walk into any coin shop anywhere in the world and they will buy your silver and pay you around spot price, get it now? Doen't it seem the least bit odd to you that you can trade a single silver dollar for over $30? Shouldnt it be worth a dollar?
 
jokerswild said:
You can't follow something that basic, that silver has value worlwide? Walk into any coin shop anywhere in the world and they will buy your silver and pay you around spot price, get it now? Doen't it seem the least bit odd to you that you can trade a single silver dollar for over $30? Shouldnt it be worth a dollar?
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Bro... I'm really trying to like you but you make it hard.
You try to make it seem like even poor people should buy silver. That is fucking retarded! Just because you like to put words in peoples mouth and talk in a condescending tone will not make people think you are correct. Silver is not a good investment for Glad... End of friggen story. If you do for some reason want recognition on a jooser board for giving out "investment tips" do yourself a favor and understand the audience when helping them invest their money. The guy barely has a goddamn car and money for Gas and you are telling him to buy Silver. Like I said all along I have been giving investment tips, you are the one giving ridiculous advice to a kid.
 
lartinos said:
Bro... I'm really trying to like you but you make it hard.
You try to make it seem like even poor people should buy silver. That is fucking retarded! Just because you like to put words in peoples mouth and talk in a condescending tone will not make people think you are correct. Silver is not a good investment for Glad... End of friggen story. If you do for some reason want recognition on a jooser board for giving out "investment tips" do yourself a favor and understand the audience when helping them invest their money. The guy barely has a goddamn car and money for Gas and you are telling him to buy Silver. Like I said all along I have been giving investment tips, you are the one giving ridiculous advice to a kid.
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He didnt buy silver because of me, and he won't quit buying because of you. I'm just going to lay it out there, when (notice I didn't say if) silver gets near $44 monday, im selling 80% of my stack. My advice to him would be to do the same. Historically silver has faired very well on fridays and this recent run-up is going to cause a correction very soon imo. Glad use this money to position yourself to buy back LATER AND CHEAPER, nothing wrong with taking profits and anyone who has played any market long enough will tell you it hurts getting burned trying to call a top........
 
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the.gladiator1987 said:
Wow, you are retarded. Silver has value no matter where its at
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do you read what you write at all?

You seriously need like a remedial economics or finance course.

Value is driven by PERCEPTION and in turn demand. Any job you have worked is because you have a PERCEIVED value to that organization or job.

anything can be made worthless essentially.

so nothing "has value no matter where its at". that's the whole fuckin point of this entire thread


It'd be one thing to mock education if you were street smart, but you're neither street smart nor book smart. you should really get as much education as possible or else you're going to find yourself in a difficult situation for the rest of your life.
 
stevesmi said:
you get flamed cause you post opinions, and not facts.

the US economy already failed back in late 2008 and early 2009.. a very deep recession. -6% growth in a quarter. silver tanked. the dollar went up.

since then the economy has come back.. 2-4% growth per quarter ... silver has ripped up.

you are a classic example of someone who makes money by not knowing sh:heart:t about macroeconomics, just go by what you see on tv and propaganda.
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this.... x100000000000000000

if joker has a BBA, he clearly didn't pay attention in school.
 
calveless wonder said:
this.... x100000000000000000

if joker has a BBA, he clearly didn't pay attention in school.
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You are quick to ride a coat-tail aren't you? Let me break it down for you yea the market crashed and so did silver and the dollar went up. NO SHIT, When stocks go down, firms sell of equities PM's any and everything to cover there losses and money pours into the dollar, riddle me this macrogenius how many more dollars have been printed and are floating around vs 2008? Do you see where this is going or do you need someone else to respond so you can agree with them???
 
jokerswild said:
You are quick to ride a coat-tail aren't you? Let me break it down for you yea the market crashed and so did silver and the dollar went up. NO SHIT, When stocks go down, firms sell of equities PM's any and everything to cover there losses and money pours into the dollar, riddle me this macrogenius how many more dollars have been printed and are floating around vs 2008? Do you see where this is going or do you need someone else to respond so you can agree with them???
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the US dollar has the most float of any currency.. this is old news. i can go to ANY country in the world and use US dollars. yet if i walk into a store here in the US and try to use a euro or pound they won't accept it. ever wonder why? cause our currency is rock solid and stable. its like comparing a VISA card to a Amscot card. for you to say that our currency is somehow weak and fragile is complete nonsense. also EVERY currency trader uses the dollar to hedge.. they don't use the Yen, they don't use the Euro.. they use the DOLLAR. what does that tell you?

secondly all your gloom and doom talk is kinda contradicting when you say "market crashes then firms pour money into the dollar" so wouldn't that mean since you think the US economy is gonna fail again that you should be buying the dollar ahead of that?

this is why people on here flame you.. its cause you talk of armegaddon to justify your financial opinion on one post.. then the next post you say firms pour money into the US dollar when there is doom. so which is it?

when i listen to rush or beck on the radio they say the same crap and suckers fall for the scam and buy gold at inflated levels. its the biggest scam since Tulipmania. i'm not saying gold won't keep going up or if it will drop.. I'm just saying its a scam selling gold at 20% premiums to people who fall for fear tactics. and i'm sure you agree with that too.
 
stevesmi said:
the US dollar has the most float of any currency.. this is old news. i can go to ANY country in the world and use US dollars. yet if i walk into a store here in the US and try to use a euro or pound they won't accept it. ever wonder why? cause our currency is rock solid and stable. its like comparing a VISA card to a Amscot card. for you to say that our currency is somehow weak and fragile is complete nonsense. also EVERY currency trader uses the dollar to hedge.. they don't use the Yen, they don't use the Euro.. they use the DOLLAR. what does that tell you?

secondly all your gloom and doom talk is kinda contradicting when you say "market crashes then firms pour money into the dollar" so wouldn't that mean since you think the US economy is gonna fail again that you should be buying the dollar ahead of that?

this is why people on here flame you.. its cause you talk of armegaddon to justify your financial opinion on one post.. then the next post you say firms pour money into the US dollar when there is doom. so which is it?

when i listen to rush or beck on the radio they say the same crap and suckers fall for the scam and buy gold at inflated levels. its the biggest scam since Tulipmania. i'm not saying gold won't keep going up or if it will drop.. I'm just saying its a scam selling gold at 20% premiums to people who fall for fear tactics. and i'm sure you agree with that too.
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The next crash and the last will be nothing alike, hence QE and the trazillion billion we are in debt now vs then,the dollar is getting weaker, obviously we disagree there, Tulipmania lol, yea lets see you plant and grow some gold or silver then we can compare. As for 20% premiums, well theres a sucker born everyday....
 
jokerswild said:
The next crash and the last will be nothing alike, hence QE and the trazillion billion we are in debt now vs then,the dollar is getting weaker, obviously we disagree there, Tulipmania lol, yea lets see you plant and grow some gold or silver then we can compare. As for 20% premiums, well theres a sucker born everyday....
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Obviously youve done some solid research using those technical terms.

And lol @ not getting the repeated point that nobody gives a shit what silver did today or yesterday. We all think youre a mongoloid because of your reasoning behind hoarding silver.

Lets break it down this way:

People on this board who are college graduates with good jobs who have experience starting businesses and investing successfully believe your reasoning to be flawed.

Conversely, glad supports you.


Not to be a snob, but I'm going with the odds here...
 
75th said:
Obviously youve done some solid research using those technical terms.

And lol @ not getting the repeated point that nobody gives a shit what silver did today or yesterday. We all think youre a mongoloid because of your reasoning behind hoarding silver.

Lets break it down this way:

People on this board who are college graduates with good jobs who have experience starting businesses and investing successfully believe your reasoning to be flawed.

Conversely, glad supports you.


Not to be a snob, but I'm going with the odds here...
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Im crushed, some members of elitefitness think my reasoning is flawed, lol at your huge spin, thread titled "Silver about to pass $40" turns into "who cares about silver your reasoning is flawed" wtf ever douchebag:lmao:
 
gladiator in the original post in this thread said:
Have fun investing in your worthless federal reserve notes :)
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Apparently, reading comprehension and deductive reasoning arent part of the Astroturf Management curriculum at Stone Cold University.
 
jokerswild said:
Im crushed, some members of elitefitness think my reasoning is flawed, lol at your huge spin, thread titled "Silver about to pass $40" turns into "who cares about silver your reasoning is flawed" wtf ever douchebag:lmao:
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The funny thing is that this is still a low price for silver, its NOT a bubble lol. This is a unique event that is going on, and usually this is a bubble in the stock market. But this isnt a bubble

We prob will see a correction soon, but it will only be temporary. Cant wait to see when silver gets in the triple digits :D
 
the.gladiator1987 said:
o what a good one u guys r hilarious, silver is at $43 dollars. Ive had a better return on my money the past 2 months than ANYWHERE else I could have put my money into. Here is a good read I bet no one will look at lol

Why Silver Is Still The Best Revenge Across the Street
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That isn't an article, it's some dude's blog.

part of the reason you need to go back to school is to learn about things like validity of sources you cite.

It's a poorly written blog, at that.
 
the.gladiator1987 said:
O ok, so if something you cite is from something controlled by the government, it must be valid! :rolleyes:

Read this "blog"

What The Silver Vigilantes Understand That You Probably Don’t (Arithmetic, Human Nature and other Stuff) Across the Street
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Business week, the wall street journal, the economist. Things you probably have never read in your life, are not controlled by the government and might lend a semblance of credibility in what you say.

Respected publications that tend to cite research studies or statistics to prove their point. Not Joe schmoe silver blog. I could make a blog that looks like the one you posted in 20 minutes telling people to eat their own toenail clippings. Does it mean they should ?
 
Taken from the "about" section of that Mickey mouse blog you keep using as a point of reference. From the words of Mark Mchugh himself (who?), who you have apparently gotten confused with Warren Buffet

" I write primarily to amuse, and occasionally I enjoy using profanity (which is my natural medium) more than a grown man should."
 
calveless wonder said:
Taken from the "about" section of that Mickey mouse blog you keep using as a point of reference. From the words of Mark Mchugh himself (who?), who you have apparently gotten confused with Warren Buffet

" I write primarily to amuse, and occasionally I enjoy using profanity (which is my natural medium) more than a grown man should."
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Shit son, in that case your fuckin ass should fuckin invest in fuckin goddam silver.
 
calveless wonder said:
Taken from the "about" section of that Mickey mouse blog you keep using as a point of reference. From the words of Mark Mchugh himself (who?), who you have apparently gotten confused with Warren Buffet

" I write primarily to amuse, and occasionally I enjoy using profanity (which is my natural medium) more than a grown man should."
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wtf? Why dont you look at the statistics! JP Morgan has shorted silver and people just need to start buying physical silver

So he likes to amuse ppl and use profanity, hahahaha so fuckin what
 
the.gladiator1987 said:
Ok check the statistics on this one LOL

http://silverstockreport.com/2010/shareholders-jpmorgan.html
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From your "article:"

JP Morgan also holds the largest derivatives positions of any banks, at $69 Trillion, according to the US OCC. Thus, it is likely that JP Morgan also holds the largest short position in silver derivatives, too, as a matter of course, since they dominate derivatives trading in general. So, to them, a $100 billion short position in silver would be "chump change" compared to their other derivatives positions, and may, in actual fact, be a part of a larger overall strategy to maintain the value of their other derivatives, (including the US dollar) to keep interest rates low.
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This is a big part of this douchebags argument, correct?

Do yourself (and your son) a favor - google the term "clearing firm."

Fucking retards.
 
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