How many comex TROLLS ON GIM?? WHAT IS A TROLL

[spathatos]

01) Only trust yourself
02) Assume all are lies until proven otherwise
03) Think for yourself
04) Everybody will lie to make a dollar (just what side do they lie for)

So what that said, everybody is a troll. I just like to gauge what many trolls are thinking at the moment before I make up this trolls mind.

[Northeastbullion]

Don't use concepts that don't apply here North. Davies runs money and could loose his whole investor base if he is proven to be a tin hatter. Davies would be risking too much, just to spread rumors for the benefit of the internet "tin hat" crowd. Your "appeal to authority" argument falls flat on its face when you look at who these people are, and what they have to loose if they were "called out" and shown to be rumor mongers. You have to consider the kind of money these two pull down to understand the risk they would be taking if they were indeed spreading tin hat rumors. How does it benefit Davies to risk a 10 million plus a year job? He already has his clients - why endanger that? Oh yes, these High Net Worth clients pay his firm 1% management fees and 20% performance fees ("1 and 20"). Fantastic work if you can get it, and if you don't believe me, ask anyone on the street who does not run money for "1 and 20" if they would...

So if you agree to pay Davies firm 1 and 20 - he will explain to you exactly what he means. That nobody has called him out on CNBC Europe means, to me, that nobody dares to "call him out". That's the way the money management business works, managers always are working to keep their existing investors, and get new one's. Because if someone calls Davies out and destroys him on CNBC, you can bet some (or many) of Davies clients will be heading for the exits - perhaps even to the firm of the person that sheds Davies on CNBC....

Sometimes you actually have to give a person the benefit of their "street cred", else everyone would have the same weight as anon. internet posters, even anon internet trolls...

Shortstack, I am sorry that you do not understand basic logic, but whatever.

If you are unable to think for yourself and base all your decisions and beliefs on what other "authorities" say, let me suggest you find some other authorities to listen to. For every Davies and Sprott out there, there are hundreds of hedge fund managers with far more assets under management and far more "street cred" that have no problems with Comex. So if that what you base your decisions on, you should be Comex's biggest supporter.

[Shortstack]

Shortstack, I am sorry that you do not understand basic logic, but whatever.

If you are unable to think for yourself and base all your decisions and beliefs on what other "authorities" say, let me suggest you find some other authorities to listen to. For every Davies and Sprott out there, there are hundreds of hedge fund managers with far more assets under management and far more "street cred" that have no problems with Comex. So if that what you base your decisions on, you should be Comex's biggest supporter.

Sorry you don't understand basic logic either, though I am not surprised. Speaking of logic, how is it that you know what 100's of hedge funds are thinking. It's likely you don't work in this business, else you would know the respect Richards gets from most of the big players out there. Which is why Rickards is so well received at hedge fund conferences, and why he is so often a guest on CNBC

[monomanic]

Backwardation across the entire strip in evidence of the shortage; the metal does not exist for delivery.

[Scorpio]

In fairness though - a part of examining the "argument" is to identify the "experts" and to evaluate what they are saying. Not that their opinions alone should form the decision - but, their conclusions can (and perhaps should) be considered as "data points".

absolutely! who is saying what, and what is their history.

I will interject though, that no matter who it is, and what kind of street cred they have, they may have a motive/plan/or reason to look you right in the eye with a bogus story, while doing the exact opposite.

We see it all the time. Very very common. As for risking dough, Madoff couldn't get people to leave him alone, they kept dropping dough on him no matter what he did. It has to be realized, money is stupid in most hands.

Most people making serious dough, also have no idea what to do with it. They are no different than Joe down at the local crab shack when it comes to these things. They want someone else to do it, while they play.

'Fellas' who run money know this, they aren't stupid, and they are real good at prying loose more of it as needed.

S

[HistoryStudent]

In all due respect sometimes things are not what they seem.

Number one for one thing if you are able to print the money this doesn't apply when the ones short are the FED & friends: He who sells what isn't his'n / Must buy it back or go to pris'n.

Number two we all troll what we believe one way or another. Some of the trolls have good sense of humors too. (God Bless them)

Number three it really doesn't matter for in the long term everything comes to light: and sadly, things change in the meantime.

Number four things are changing really fast now just think ABOUT the last few months.

Number five TPTB have added 1,500 trillion in derivatives over the last 15 years - to a money supply that they increased, well let this guy say it:

http://www.gold-eagle.com/editorials_08/lundeen031211.html

http://www.gold-eagle.com/editorials_08/lundeen031611.html

Now that might an a small effect on the price someday....

Those are really big fish to fry and the nuclear stove is getting really hot now...

[Work]

http://en.wikipedia.org/wiki/Troll_(Internet)

In Internet slang, a troll is someone who posts inflammatory, extraneous, or off-topic messages in an online community, such as an online discussion forum, chat room, or blog, with the primary intent of provoking other users into a desired emotional response[1] or of otherwise disrupting normal on-topic discussion.[2] In addition to the offending poster, the noun troll can also refer to the provocative message itself, as in "that was an excellent troll you posted". While the term troll and its associated action trolling are primarily associated with Internet discourse, media attention in recent years has made such labels highly subjective, with trolling being used to describe intentionally provocative actions outside of an online context. For example, recent media accounts have used the term troll to describe "a person who defaces internet tribute sites with the aim of causing grief to families."[

[Zed]

Backwardation across the entire strip in evidence of the shortage; the metal does not exist for delivery.

At the moment we are in slight contango in the liquid contracts. I have looked every time I see this claim, I have seen no more than a slight backwardation in the liquid contracts. Essentially you'd describe it as flat, a bullish sign but no sign of metal shortage.

[Zed]

Zed, relax man,

we all know there are trolls on the boards, it has happened over time, and only accelerated as web forums have increased their presence.

any close community reacts to outsiders in much the same fashion. Why should a community put up with troublemakers and those in it for kicks?
There is no reason to. It is one thing to have a dissenting opinion, but quite another to have no opinion at all other than the opposite of whatever whomever is speaking to. Meaning taking the other side of the argument for max effect, rather than a sound reason.

S

Relax? The guy is just making stuff up.... LOL I suppose its OK so long as its on the rah rah side.

I seek the truth, I'm a silver bull, have been for a long time but some fundies are changing and the rah rah crowd do their level best to deny any serious conversation surrounding that. The site is called gold is money not gold is religion. Bring up a fact here, or discuss an alternate and likely theory and you somehow become a troll!

Anyway.... yeah, yeah guys! Sprott is on the airwaves because he is concerned about your financial health! I mean how could he possible benefit from promoting silver? Jeeezzzzz.... look at it rationally, follow the money, be selective in what you choose to believe these guys are not handing out free lunches they all have a dog in this fight so best you work out what benefits each and every one of them.

I notice JS is still selling TRE!

[Concours14]

Trolls ignore reality. They live in a "Fairy Tale" world. They absolutely LOVE Easter Bunnies!! :five:

And copper pennies. And Cape Cod tree houses..

[anywoundedduck]

Sorry you don't understand basic logic either, though I am not surprised. Speaking of logic, how is it that you know what 100's of hedge funds are thinking. It's likely you don't work in this business, else you would know the respect Richards gets from most of the big players out there. Which is why Rickards is so well received at hedge fund conferences, and why he is so often a guest on CNBC

Isn't it funny how all the trolls jumped on this thread and began calling everyone else trolls. Hilarious!
So remember folks. Your favorite Troll at GIM wants you to know that:

1. There is no shortage of silver.
2. Silver is not in backwardization
3. The COMEX does not have to deliver 4,445,000 oz of silver to the Longs in the next 9 trading days. Nor do they have to pay out a huge premium in order to satisfy these contracts. Nor are they going to be in default, for defaulting.

Did that about cover it?

[Spike]

Isn't it funny how all the trolls jumped on this thread and began calling everyone else trolls. Hilarious!
So remember folks. Your favorite Troll at GIM wants you to know that:

1. There is no shortage of silver.
2. Silver is not in backwardization
3. The COMEX does not have to deliver 4,445,000 oz of silver to the Longs in the next 9 trading days. Nor do they have to pay out a huge premium in order to satisfy these contracts. Nor are they going to be in default, for defaulting.

Did that about cover it?

Another post by da Duck...where you've added nothing...What a waste of good air.

[AgShaman]

Isn't it funny how all the trolls jumped on this thread and began calling everyone else trolls. Hilarious!
So remember folks. Your favorite Troll at GIM wants you to know that:

1. There is no shortage of silver.
2. Silver is not in backwardization
3. The COMEX does not have to deliver 4,445,000 oz of silver to the Longs in the next 9 trading days. Nor do they have to pay out a huge premium in order to satisfy these contracts. Nor are they going to be in default, for defaulting.

Did that about cover it?

I wonder if # 3 is a statistical record...or at least a recent anomaly. It does kinda look like they'll be needing the bulk of the month to settle the contracts and deliver...or whatever else they have in mind for servicing.

If they manage to escape March and dodge the silver bullet....the primary months of May or July could very well expose their weakness. These traders seem to be planning to tighten the vise jaws on the parties hoping to keep the "flaw" blanketed.

[Zed]

Isn't it funny how all the trolls jumped on this thread and began calling everyone else trolls. Hilarious!
So remember folks. Your favorite Troll at GIM wants you to know that:

1. There is no shortage of silver.
2. Silver is not in backwardization
3. The COMEX does not have to deliver 4,445,000 oz of silver to the Longs in the next 9 trading days. Nor do they have to pay out a huge premium in order to satisfy these contracts. Nor are they going to be in default, for defaulting.

Did that about cover it?

#2 Is easily checked.... but I doubt you have ever actually done that!

[AgShaman]

Isn't it funny how all the trolls jumped on this thread and began calling everyone else trolls. Hilarious!
So remember folks. Your favorite Troll at GIM wants you to know that:

1. There is no shortage of silver.
2. Silver is not in backwardization
3. The COMEX does not have to deliver 4,445,000 oz of silver to the Longs in the next 9 trading days. Nor do they have to pay out a huge premium in order to satisfy these contracts. Nor are they going to be in default, for defaulting.

Did that about cover it?

If # 1 was true....then why haven't the shorts closed out the contracts by now. I mean, they're supposed to have access to 50 mil ounces. Is it possible that they mispoke and that they are trading many months of fwd mining supply? They will need to find it somewhere....oh well, there's always the SLV.

[Zed]

If # 1 was true....then why haven't the shorts closed out the contracts by now. I mean, they're supposed to have access to 50 mil ounces. Is it possible that they mispoke and that they are trading many months of fwd mining supply? They will need to find it somewhere....oh well, there's always the SLV.

If they are active hedges why would they close the contracts out? Given that 1% of Comex contracts settle in metal and 99% settle in cash it is not very likely that they will have to deliver metal, so no its not likely they will need to find metal to settle a Comex obligation. For the umpteenth time the Comex is primarily about trading price risk on metal NOT the metal itself.

[AgShaman]

If they are active hedges why would they close the contracts out? Given that 1% of Comex contracts settle in metal and 99% settle in cash it is not very likely that they will have to deliver metal, so no its not likely they will need to find metal to settle a Comex obligation. For the umpteenth time the Comex is primarily about trading price risk on metal NOT the metal itself.

I've never disputed that...it's been my contention all along that the goal was a cash settlement with premium. Many from your camp are foolish in the belief that longs would gamble by ponying up the cash and just 'roll' into the next non-primary month.

It does seem odd that out of the 4400 original contracts standing for March...less than half have taken delivery. The settlement must be a mutual agreement....and if the longs are "playing the bluff" correctly...and know it...then perhaps Blythe and her minions are not offering a deal that is lucrative enough for the "long's" troubles.

[Zed]

I've never disputed that...

You kinda did.


it's been my contention all along that the goal was a cash settlement with premium.

Goal? No cash settle is normal 99% of the time and there will be no premium.


Many from your camp are foolish in the belief that longs would gamble by ponying up the cash and just 'roll' into the next non-primary month.

Most will, do and always have done. 99% of the time their goal is a cash profit not getting metal. It is a well known Comex stat.


It does seem odd that out of the 4400 original contracts standing for March...less than half have taken delivery.

It has happened before, it is a game of bluff.


The settlement must be a mutual agreement....

No it can be enforced by the exchange, there need be no agreement, its in the contract.


and if the longs are "playing the bluff" correctly...and know it...then perhaps Blythe and her minions are not offering a deal that is lucrative enough for the "longs" troubles.

The notion of a premium is ludicrous. If you did actually get one you turn right around and hit that button again. Can't you understand that it is self defeating so therefore would not be offered. Why would you anyway, London has metal, it is a phone call away.

[AgShaman]

You kinda did.



Goal? No cash settle is normal 99% of the time and there will be no premium.



Most will, do and always have done. 99% of the time their goal is a cash profit not getting metal. It is a well known Comex stat.



It has happened before, it is a game of bluff.



No it can be enforced by the exchange, there need be no agreement, its in the contract.



The notion of a premium is ludicrous. If you did actually get one you turn right around and hit that button again. Can't you understand that it is self defeating so therefore would not be offered. Why would you anyway, London has metal, it is a phone call away.

Then it is a good game of bluff. The comex does not brief me of the workings of the Short OI. It is merely the pointing out of these oddities...it is in fact late in the month to still have unsettled contracts in significant numbers...at least that is the perception. If this is a normal occurrence for a primary delivery month...then maybe you should just say so?

[prophet]

http://communitiesonline.homestead.com/files/troll_2.jpg

[AgShaman]

http://communitiesonline.homestead.com/files/troll_2.jpg

Nice Avatar!

[Zed]

Then it is a good game of bluff. The comex does not brief me of the workings of the Short OI. It is merely the pointing out of these oddities...it is in fact late in the month to still have unsettled contracts in significant numbers...at least that is the perception. If this is a normal occurrence for a primary delivery month...then maybe you should just say so?

What makes you think it is late in the month? Yes it is not abnormal, they have until the last day?! So? There is nothing really in the COT that suggests stress, we are barely in contango, it is really flat, that is positive but no backwardation to speak of in the liquid contracts, that is to say at this point nothing looks overly stressed.

Where is the bogeyman?

[<===Foolsgold]

Patience is a virtue.....Time will tell.

[<===Foolsgold]

China Imports 245 Tonnes of Silver in February and Qatar SWF “Interested” in Buying Silver
Gold and silver rose on the open in Asia and have continued those gains so far in European trading with the Libyan military conflict leading to a safe haven bid and falls in the dollar and yen. The all time and multiyear nominal dollar highs set on March 7th ($1,444.95/oz and $36.75/oz) look set to be challenged as gold is less than 1% from its record high and silver less than 2% from its nominal recent high.

more here....
http://www.zerohedge.com/article/china-imports-245-tonnes-silver-february-and-qatar-swf-%E2%80%9Cinterested%E2%80%9D-buying-silver

[Silver Buck]

China Imports 245 Tonnes of Silver in February and Qatar SWF “Interested” in Buying Silver
Gold and silver rose on the open in Asia and have continued those gains so far in European trading with the Libyan military conflict leading to a safe haven bid and falls in the dollar and yen. The all time and multiyear nominal dollar highs set on March 7th ($1,444.95/oz and $36.75/oz) look set to be challenged as gold is less than 1% from its record high and silver less than 2% from its nominal recent high.

more here....
http://www.zerohedge.com/article/china-imports-245-tonnes-silver-february-and-qatar-swf-%E2%80%9Cinterested%E2%80%9D-buying-silver

OMFG!!! THE SKY - IT BE FALLIN'!! RUN - DONT WALK - TO YOUR NEAREST DEALER AND BUY UP ALL YOU CAN!!! CRIMEX IS GONNA DEFAULT AND THAR WON'T BE ANY SILVER TO BE HAD - AT ANY PRICE!!!!

AAAARRRRGGGGHHHH!!!!!!11111!!!!!

[Gcubed]

OMFG!!! THE SKY - IT BE FALLIN'!! RUN - DONT WALK - TO YOUR NEAREST DEALER AND BUY UP ALL YOU CAN!!! CRIMEX IS GONNA DEFAULT AND THAR WON'T BE ANY SILVER TO BE HAD - AT ANY PRICE!!!!

AAAARRRRGGGGHHHH!!!!!!11111!!!!!

It's already TOO late at some dealers! Those little Coolie Bass Turds are methodically hitting them all paying 100% premiums! :s10:

[<===Foolsgold]

All kidding aside is that a signifigant amount of silver or not?

[Gcubed]

All kidding aside is that a signifigant amount of silver or not?

Who's Kidding?? COMEX is gunna DEFAULT!! Haven't you read about the premiums?? It MUST be true cuz the TROLLS are saying that it's absurd!!

[<===Foolsgold]

I am not trying to feed the trolls, I just asking a simple f'kin question.

I think that's 5,880,000 ounces....is it signifigant?

[Gcubed]

I am not trying to feed the trolls, I just asking a simple f'kin question.

I think that's 5,880,000 ounces....is it signifigant?

Anything I'd say would be attacked. I'm just gunna go with the COMEX conspiracy flow from now on. Maybe Ruptured Duck has valid views or info. ;)