Monday, May 2, 2011

silver -11.24% right now :-(((

OMG, OMG, OMG! 



folks, ive made some €uros in my mini trading account by going long & short & short SILVER right now .... exactly 222.69 €uros at the current usd/eur rate ... but im quite sure i will lose many thousands of €uros in my investing account tomorrow, because it is full of mining shares, especially junior mining shares   



its so strange, we just had an all-time-high in gold $1,576 per ounce few minutes ago and a high-high-high silver price of $48 or $49 and now it is going to be such a mess for junior gold/silver producers & explorers and their investors 

well, mr. market can be soooo cruel 
OMG again!


go commodities go! 

8 comments:

seaofmoney said...

holy cow!
I also have positions in scorpion /orko...remember: no stocks, no scares =))
stay tuned..,

jaro gruber said...

no stocks, no scares =))

wie geil! habe es gleich in meine 'nasty jokes' sammlung aufgenommen :)

http://jarogruber.blogspot.com/2010/11/nastyjokes.html

thx ;-),
jaro

jaro gruber said...

silver intraday -11% or more, currently -8.2%, most of my mining stocks between -4% and -10% down and my portfolio? hmmmm, the crash 2008 is back ;-(((

seaofmoney said...

dankeschön für den nasty-link!! 8-)

"an der Börse sind 2 mal 2 niemals 4, sondern 5 minus 1. man muss nur die Nerven und das Geld haben, das minus 1 auszuhalten." (André Kostolany)
via http://www.alster-pr.de/boersensprueche.html

http://www.zerohedge.com/article/its-getting-plain-silly-mf-global-hikes-silver-margin-175-cme-or-over-10-contract

die frage ist, ob andere börsenbetreiber dem beispiel von mf global folgen...

what auch ever: "don't panic" solange du "weisst, wo dein handtuch ist" =)

http://www.muenchenblogger.de/heute-ist-handtuchtag

http://en.wikipedia.org/wiki/Don%27t_Panic_%28The_Hitchhiker%27s_Guide_to_the_Galaxy%29#Don.27t_Panic

fröhliche grüsse
schönen tag
m

jaro gruber said...

-10,41%today, makes -29% down fron the top few days ago :-(

World's Final Events said...

For any ETFs or paper silver, selling at high 40s would've been blameless I suppose. I don't know for how long we'll be able to sustain this fraudulent system before it crashes. This is why I recommend real silver bullion. I bought my silver at under 18 dollars and I expect to make at least 5 1/2 times as much. If you guys have anything physical I recommend holding that for the long run or at least until it reaches the 100 mark. I guarantee you it will not only reach 100 but in two years many people will be surprised with the performance of silver.

jaro gruber said...

physical gold/silver is always fine :-)

good luck, World's Final Events :-)

jaro gruber said...

folks, my next trial on paper silver!

long @ $33.96 per ounce few minutes ago, stop loss limit @ $33.33 placed in my trading software, so i shoudnt lose more than 63 bucks on that trade and could win $1,600 if paper silver only would climb up back to $50 ... ie a good risk-reward-ratio, isnt it?

good luck, my paper silver play, good luck ...


why long again? well, i somehow feel the correction is over ... and yes, if soros tells the mainstreet media he sold all his gold, its prolly time 2 buy, isnt it? (well, 2 fellows of mine who are not traders/investors told me that news independently in the pub 2night ... of course, im not going 2 check that cos soros speaks a lot if the days are long, doesnt he?) ... lets act on my intuition again ;-)