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I guess either he was sightseeing, lost, or they're lying to cover something up.
Occam's razor picks door #1 or #2.
Or maybe Steinbrenner did it! Or Torre! Or another pitcher! Or the guy he struck out last! spoooky stuff for sure.....
Week 5: Colts
Is Anybody Home? By: David Bond
The Wallace Street Journal
By DAVID BOND, Editor
Silver Valley Mining Journal
Wallace, Idaho – Barclay’s iShares told the Thought Police, in the form of a Securities and Exchange Commission S-1 filing, that it’s going to “Texas hedge” the silver ETF with the issuance of another 16,822,727* shares in its silver trust, representing, at 10 ounces per, another 168 million ounces of silver.
One hundred sixty-eight million, two hundred and twenty-seven thousand, and twenty-seven ounces of silver that will not be available or eligible for delivery on the Comex. One hundred sixty-eight million, two hundred and twenty-seven thousand, and twenty-seven ounces of silver that will not be available to dick with honest spot traders. One hundred sixty-eight million, two hundred and twenty-seven thousand, and twenty-seven ounces of silver that . . . well, we just had to type that great big number again.
One hundred sixty-eight million, two hundred and twenty-seven thousand, and twenty-seven ounces of silver is, quite conveniently, half an entire century’s silver output of the Sunshine Mine. One hundred sixty-eight million, two hundred and twenty-seven thousand, and twenty-seven ounces of silver is one-tenth of the entire output of the Coeur d’Alene Mining District since the 1880s. Which is greater than Potosi’s half-millennium’s production to date. Which is, to say, one great big bunch of silver.
Besides, just typing, “One hundred sixty-eight million, two hundred and twenty-seven thousand, and twenty-seven ounces of silver” feels so-o-o-o-o good. Especially if you imagine yourself squirreling around in a pile of one hundred sixty-eight million, two hundred and twenty-seven thousand and twenty-seven ounces of silver, each in 1-ounce rounds. What a delicious feast. That would be 11,525,000 pounds, or 5,232,452 kilos, of the stuff. Dessert, anyone?
What’s curious to this normally astute silver bug is that we learned of iShares’ Wednesday filing via email from the apparently more astute Peter Spina of GoldSeek, who heard about it from the apparently even more astute Ted “Fast Eddy” Butler of Investment Rarities. Kitco missed it, so perhaps we feel in good company. Yet there it is, a public filing and all, and you’d think this information would have oozed from the Mainstream Gold and Silver Hoarding Paranoiac Media faster than it has and into the rants of the fiat unfaithful.
(And we may be in better company that the metals bugs. A friend of ours, visiting from Old Blighty for the Silver Summit, wondered if, after watching American TV, the Iraq war must be over with, because there was not mention of that bloodbath, either, on CBS, NBC, ABC, Disney, Fox or the Soap Opera channels.)
What this Texas hedge on Barclay’s part, this doubling of the bet, means is that the Barclay’s people who are smart enough to understand derivates are gambling on a huge new mob of retail silver investors. Already more than 100 million ounces of silver have been scooped off the market by the iShares initial offering. Our same friend advised that silver in any quantity was nowhere to be found in London. It’s damned scarce here in Wallace, too, and we mine the stuff. Our regular source of silver, awash in the stuff 6 months ago, has one, count ’em, ONE 1,000-ounce hallmark-grade silver bar left for sale.
Will we buy into the new Silver ETF issue? No. It’s still paper until we’ve seen the physical stuff. Will we buy bullion immediately? Yes, if it’s not too late. Face it folks, the silver’s gone. Not true, you ask? Well, ask the poor saps who tried buying nickel off the LME last month. They found out that paper can, in the end, only buy more paper. Conspiracy? We dunno. Shortage? Damnright. Hello. Is anybody home?
-- Posted 30 September, 2006
http://news.silverseek.com/SilverSeek/1159651459.php
*by: 80stingray: The SEC filing states 15,222,727 shares...I'm not sure where the author gets his number from...regardless, it's a lotta silver..was this recent plummit induced to facilitate the SLV buying? Who knows?
iShares Silver Trust ETF Files S-1: Set to More than Double in Size!
On September 27, 2006 the iShares Silver Trust [AMEX: SLV] filed a S-1 to register 15,222,727 shares at a proposed maximum offering price of $110.00 per share for a maximum net offering proceeds of $1,674,449,970.
As of 09/28/2006, iShares Silver Trust showed 104,323,655 ounces of silver in the trust or 3,244.8 tonnes. This represented 10,450,000 shares. Thus the registration of the S-1 this week will effectively increase the amount of shares and silver by just under 150%.
http://news.silverseek.com/SilverSeek/1159546321.php
ROFFFLL!! weeee!!!
thanks bb em
ADNL -Scottrade shows bid @ .0008?? Is that right?
I'm not in, but CONGRATS LONGS!! I'm getting off just watching.
Oh yeah, and hey bashers...BWAAAAAAHHAAAAHHHAAAAA!!!!!!!!!!
lmao! This is going to make me break out my Best of Carson DVD's - good stuff!
lol "May the fleas of a thousand camels infest your armpits"
Carson was the best ever.
Week 4: Philly
edit: ooops forgot to put it in your mailbox
nice grub!
OT - yea boy, those crazy methodists are blowing themselves up everywhere. Heard they attacked a bake sale the other day.
Thanks for making me laugh with yet another insanely ridiculous post from the looney left. LMAO!!
ATWT WEEEEEEE!!!!!!!!!!!! LOL
...all tied up in ATWT babe or I would - congrats on the double -I'm working out of town rite now - will be back home monday morn - have a great weekend. AT EASE SOLDIER!!!
yea??? and???? git yo white skinny azz back in son!
look at that chart beeyatch!! Meeting this weekend! Monday's gonna be SICK!
lol - I hope!
NOOOOOO SOLDIER!!!! TENNNNN-HUT!! ATWT UNDER ATTACK!
BELAY ALL LUNCH BREAK ORDERS AND COMMENCE IMMEDIATE FIRE UPON MM'S LOCATED AT LONGITUDE AT LATITUDE WT REPEAT LONGITUDE AT LATITUDE WT STOP INFLICT MAXIMUM CASUALTY TO ENEMY AND TAKE NO PRISONERS STOP I REPEAT INFLICT MAXIMUM CASUALTY TO ENEMY AND TAKE NO PRISONERS!! FEKKIN KRAUT!!! LMAOOOOO!!!!!!!!!!!!!!!!!!!
SHAKERZZZZZZZZZZZ!!!!!!!!!!!!!!!!!!!!!!
No. Thank YOU, VLF! Cheers!
BTW, I took Monday off work in order to sit at home in front of the streamer and watch the show...I hope the $250 sacrifice will be worth it!
Something tells me it will. ;
Hellooo Boysss!
Short timer here - got a smidge @.0031 on 9/13..thought that break was gonna be the one...watched the dip, and was ready to pull the chute, but held due to the tone and DD of this board...would have added but for lack of funds.
Out of town right now with sporadic wireless, but just wanna say..GOOOOOOO ATWT!!!!!!!!!!!!!!!!!!!!!!!
thanks longs and GLTA!
Week 3: Washington
thank you sir!
yep
Yea, that makes it interesting and a little scary.
If everyone picks the favorite and there's an upset, look out!!
I think it's interesting as well. Would be neat to see how the bets flow and compare it to the real lines from Vegas, etc. Keep it up!
Just curious,
Are you trying to give some of the less NFL savvy help with the most popular picks to keep the race tight?
Don't misinterpret that. I'm not being funny or sarcastic at all. People will gravitate towards the more popular picks. Now, that could also result in huge losses if an upset happens.
Was just wondering, no biggie.
Week 2: Baltimore
GLGT - no reason for it not to be moving up here, save dilution, and the lack of volume seems to indicate that's not what the problem is. MM's killed it with the ridiculous spread after noon. Hopefully they smell something and are accumulating.
GLGT - lets giddy up now - and thanks, sub.
thanks sublime - marketwatch just released it - where'd you find it?
GLGT - still holding. Volume before price they say, and today's volume was big.
Shake towards end of day was on relatively NO volume...
fingers crossed.
Fave Brits?
fave rits LMAO!!
I did - just came here to find out what the deal was lol
GLGT big volume...should blow here
GLGT chart - I'm in for a few
Week 1: New England
Howdy and kudos for a great board!
Yeah, that was a long pause there.
Halted? Anyone know?
shakezz..After what Nagin said yesterday, I hope one takes him out.
(CBS) Confronted by accusations that he’s taking too long to clean up his city after Hurricane Katrina, New Orleans Mayor Ray Nagin defended himself by remarking on New York City’s failure to rebuild Ground Zero.
Nagin made the remarks in an interview conducted by CBS News National Correspondent Byron Pitts which will be broadcast on 60 Minutes, Sunday, Aug. 27, at 7 p.m. EDT.
On a tour of the decimated Ninth Ward, Nagin tells Pitts the city has removed most of the debris from public property and it’s mainly private land that’s still affected – areas that can’t be cleaned without the owners' permission. But when Pitts points to flood-damaged cars in the street and a house washed partially into the street, the mayor shoots back. "That’s alright. You guys in New York can’t get a hole in the ground fixed and it’s five years later. So let’s be fair."
"El Nino" brings you TD 5
after what Nagin said today, I hope it takes him out.
(CBS) Confronted by accusations that he’s taking too long to clean up his city after Hurricane Katrina, New Orleans Mayor Ray Nagin defended himself by remarking on New York City’s failure to rebuild Ground Zero.
Nagin made the remarks in an interview conducted by CBS News National Correspondent Byron Pitts which will be broadcast on 60 Minutes, Sunday, Aug. 27, at 7 p.m. EDT.
On a tour of the decimated Ninth Ward, Nagin tells Pitts the city has removed most of the debris from public property and it’s mainly private land that’s still affected – areas that can’t be cleaned without the owners' permission. But when Pitts points to flood-damaged cars in the street and a house washed partially into the street, the mayor shoots back. "That’s alright. You guys in New York can’t get a hole in the ground fixed and it’s five years later. So let’s be fair."