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I have my silver foil hat on. Our economy is under attack and most of us do not know how or why. I have been studying G & S, as well as the macro economy for almost as long. You are so right in your analysis. We are at the crossroads, and the price of silver is on the X. It has rockets tied to it, and we will all be amazed when it lifts off. As I have said before, we have not seen anything yet. It will be like no bubble that we have ever seen, except that it will not be a bubble. It will force us into a new currency. Itro and others like it will surprise a lot of people.
What is little known or not reported is that the commercial banks forged an alliance to sell gold to keep the price down. They "promised" to sell 400,000 ounces this year by the end of September. They have a lot to sell if they are to meet that goal. They "may" not comply with their own edict. Since gold is the canary in the mine, thiis may not bode well for the economists in charge. They are currently to concerned about deflation being the downfall that they are trying to inflate the world, but only partially suceeding in the US. Would it not be appropro to see their efforts fail? But not to worry, the recession is over. We have been informed. In sither case, it will work out best for Itro.
It will only get better. There is no stopping gold or silver now. The big boys are not selling. It will get interesting.
Even a broken clock is right twice a day. That is pretty good odds.
how did you find out?
I do not need acid to see what Itro can do. It really is ready to start moving. I think it will start this year, but it may be next year. What they are doing has and will take a while. I have been there, done that, and have a shirt. This dog will hunt!!!
Terry
All I see are Blue sky's. Sunshine and lollipops! We are at the cusp of the reward. Itro has the chance of being all it can be.
No, did we buy a can of worms?
First it was pr's. Now it is the web site. Next it will be something else. Pump and Dump. Oh what fun we have. Get it on little doggie.
I went in at .035, so do not out bid me. Ha.
I had already put in a buy order. I have a starter position of 10,0000 shares, so I guess that will get me started. Will see if I get any more. Am patient. Will wait and see.
Nice to be here. Had to come to a rational board. Ha.
GOOD Morning Sunshine. Looks like a good week to me. Need to get out the horns in preparation.
Good Morning Board. Tis a nice day in the land of the free and the home of the brave.
Yes, I for one enjoyed your post on mm's, but it did not fit into their cubicle.
JPM took it down in the after market, but it came back. Both Ag and Nau. I do not think it will go down again for a long time. JPM got their shorts handed to them in a big way and this bodes well for Itro.
Mornin $oldier.
And now you have forgotten your question?
You asked it. I did not.
Well, that answers fed's question, and he did not even have to ask. Interesting find.
That' a brewing in the kettles, but got to go git some kindling for the fire. Be bak in a bit.
Movin on up. G&S are a creepin to the beat. Silver is now over $20. Let us see if it holds. Would be a good kick start for Itro if it does.
I do not think that we have seen anything yet as far as gold and silver going up. The real problem is that the rest of the economy will not do very well. We are due for the worst of times. Twill be interesting. Will leave a lot of folks by the side of the road. Just do not be one of those.
Got gold. Got silver. Got Itro.
Hope it is enough.
I have been watching the up ticks, but your chart shows how dramatic it really is. Silver will be at 20 buckers before we know it. We are at the cliffs of insanity as Glenn beck would say.
Of all people, $oldier should know the importance of things being in the proper order!
Back at you. Glad to be here. It looks like the place to be.
Nice to be here.
Doing good. Been Lurkin. Interesting the way this is moving.
Will do!
I heard it on the grape line. We are a mining Company (albeit an above ground one).
The latest quarterly (Q2, ended June 30, 2010) results
from a number of silver producers confirm that they are
now entering a phase of sustainable profits. We will look
at several companies and try to make sense of the numbers
as well as make an EPS projection for the calendar year
2010. This particular selection of companies was not meant
to be a comprehensive overview of the entire group of
silver producers, yet our intention was to provide a
meaningful representation of it.
It is about dang time. This is a stock that has a lot going for it if it is not messed up. GLTA.
Whitney likes playing pick up sticks. It teaches him patience. Old maid and chutes and ladders are quite entertaining too. They are fun while waiting for Itro to blossom.
Would be a nice change from a few months ago. We definitely need to see a change here, and it would be nice to see tree frogs come back for those long term investors.
I can assure you that attempts have been made, but it is not an easy or fun process. Trust me. It is better to just go along to get along if you know what I mean. It would be fun to post on Itro, but it is not when you are second guessed every step of the way, and when your responses are not even read. Itro has a lot going for it and mistakes have been made, but it is not a quick turn, especially when it is difficult to explain what they really have. They need to start turning a profit and as long as the government and large financial institutions are not interested in gold and silver---in fact they would prefer to keep the price down---this will take a while in todays environment.
Still are glitches in ihub. I at first thought it was prox or brick getting even, but have decided just to live with it for a while. After all, it is their site, not mine even though I have invested in it. Maybe we should take the Itro thread model and call for their heads. Yes that would get everything back to square one in a hurry. We need it fixed and we need it fixed NOW!!!
I have "person marked" you trendz. You have not been here as long as some, but you bring a lot of common sense to the thread. I hope you are not banging your head against the wall.
That is what I am doing. Thanks for your post. It was right on and I appreciate what you said.
Well, it did leave a lot to be desired, but it did say what has occurred. Probably would not attract a lot of buyers.
AXcess News: Silver Demand May Benefit Green Silver Refiner Itronics
Itronics Inc. Common Stock (USOTC:ITRO)
Intraday Stock Chart
Today : Friday 27 August 2010
Click Here for more Itronics Inc. Common Stock Charts.
Silver prices have been climbing as a result of growing demand in the marketplace and for Reno-based green silver refiner, Itronics, Inc. (PINKSHEETS: ITRO), the launch of its phase one expansion couldn't be more timely.
Itronics announced Wednesday that its phase one silver refinery expansion was now in place and as a result, expected to both increase production capacity ten-fold while lowering per-smelt costs as much as 90%. The numbers alone would make Itronics' silver refinery the most cost-effective in the nation, yet as its silver is primarily produced through recovery of heavy metals from its photochemical processing plant which manufactures a host of environmentally friendly liquid fertilizers sold under the company's GOLD'n GRO brand, new sources of raw material have been identified to expand production.
While green silver, which is manufactured through a recycling process typically involving scrap silver, is growing in demand, few refineries exist that specialize in it. Yet there is a growing number of purists who would prefer to purchase silver manufactured through recovery processes involving an extraction of silver and other metals from waste materials, which would be considered a true "green silver" product.
Itronics saw silver prices averaging more than $17.50 per ounce in the last period and with prices now edging higher it could see averages increase by 3 to 6% or more in the fourth quarter.
"We see continued strengthening in the price of silver," said Itronics founder, Dr. John Whitney. "To be able to recover more of this valuable commodity more efficiently is very important for our future."
Yet as the company has just now placed its phase one expansion into operation, most likely itronics will not reflect a noticeable increase until the second half of next year. Capital constraints have kept the company from moving forward at a faster pace, though a recent reverse split of Itronics' shares were completed in preparation for financing. But despite capital, Itronics has managed to grow throughout the recession, albeit at a slower pace than it would like to.
In a rare forecast of Itronics' silver sales, the company outlined in a mid-July announcement (http://itronics.com/071410.shtml) that silver sales would increase to $4 million through the phase one expansion and when phase two of the silver refinery expansion was incorporated, sales would climb to over $40 million.
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Morning $oldier.