Possession is 9/10s of the law, as the saying goes. Ann B. also once (or twice, or more) pointed out that if you can't defend a possession of yours with a rifle, you don't really own it.
Yes, that is a "Hello Kitty" AR-15.
Posted on 09/28/2015 5:06:30 PM PDT by SkyPilot
Possession is 9/10s of the law, as the saying goes. Ann B. also once (or twice, or more) pointed out that if you can't defend a possession of yours with a rifle, you don't really own it.
Yes, that is a "Hello Kitty" AR-15.
It's a crucial part of every market.
I know you are "above" reading articles
I love to read articles, even if they're stupid.
The lynchpin that is holding this dynamic together and keeping the futures markets tied to the underlying cash market is the fact that the futures contracts are deliverable, and a trader can either deliver or take delivery of actual physical silver via his futures position.
Yes, actual delivery of a commodity is an important part of commodities markets.
The futures markets have lost their viability and trustworthiness because of the MF collapse and theft.
No they haven't.
At some point in the not-too-distant future, people everywhere are going to realize that the delivery mechanism is not reliable.
If the delivery mechanism is unreliable, people will stop trading in that market.
Heck, just holding cash and/or positions in a futures account is no longer reliable.
It's a shame, I thought Ann used to know what she was talking about, but maybe she was always a loon?
If the futures market itself is not reliable, traders will no longer attempt to arbitrage these basis spreads because the risk to the trader that the rug will be pulled out from underneath them is simply too great.
This should make you happy, if arbitrage is bad, no arbitrage must be better.
This is all built on dishonesty, greed, and lies.
I hope you don't trade anything, on any market. You're obviously not cut out for it.
Maybe a coffee can is more your speed?
Meanwhile, gold is down 41%.
That brass cartridge cases are malleable and therefore reloadable. Streel cases are not.
L
Cracking up now : )
I'm amazed that no one has invoked the stupidity of that Shadowstats guy (John Williams?) yet to back up their own stupidity.
The notion that arbitrageurs should go to jail simply because they understand trading better than others is remarkable. Maybe in the NWO, they'll hang with the free traitors. Capitalism is under attack from all sides.
When the ignorant misinterpret the doomers, it's a perfect storm of stupidity.
Indeed. That's the whole point.
There you go with your crude insults again Todd! Did any family member, relative, or friend ever sit you down and talk to your about your behavior or personality? I have rarely seen the case where the person on-line did not mirror their true personality and integrity in most fashions.
Here is why "arbitrage" is immoral and wrong. It is duplicity and double dealing. It is selling something based on a price you know is fundamentally dishonest and immoral, and "selling" something as well that you never really owned in the first place.
Do you think God approves of this practice? No!
I know in the lawless and selfish world of our global economy and finance today that this is repeated 1,000 fold in other circumstances, but it does not make it any less immoral before God. It is duplicitous and full of hypocrisy, and God hates both (Zephaniah 1:4-5).
And also this:
"Wealth obtained by fraud dwindles, But the one who gathers by labor increases it."
Proverbs 13:11
Which is precisely why we are going to see a global meltdown, perhaps sooner rather than later.
" Look at the succession of bubbles over the past 20 years as people have desperately convinced themselves that there is a surefire way to get rich without working... or at the very least, to work for 30 to 40 years, save 5 percent of their income, and then spend 25 or 30 more years in an equally comfortable retirement. A few thousand invested in dotcom stocks was supposed to metastasize into a fortune large enough to retire at 45. The housing bubble that came afterward was even better: you didn’t even have to divert money into savings! You could enjoy granite countertops, whirlpool baths, and built-in surround-sound systems right now, secure in the knowledge that while you sat on the deck and sipped Chablis, your house was topping up the retirement fund. And now? We tell ourselves we are no longer chasing speculative returns; we’re going to tuck 8 percent of our salary into a 401(k) and settle for that safe 8 percent return that we’re told to expect from a good diversified index fund. "
What we mostly have now is not "capitalism" - but cronyism at best, and a vast Ponzi scheme at worst.
Please don't misunderstand me. The pope and his Marxists are as worse, wanting to skim off that which they can at the point of a gun. Communism is one of humanity's worse evils.
Capitalism used to mean that actual capital was put at actual risk for actual production of actual goods to be sold at actual prices in a truly free market.
We don't have that today, and you and I know it.
In Hitler's Germany, cronyism was made into an art form. Only those businesses favored by the fascists were given the best access to money and contracts. In Obama's fascism (and the corruption and manipulation of our global markets) I see very little difference.
Central Bank imaginary money is still running through the veins of our markets, which are now in with-drawl like an addict in the streets.
The term "investor" used to have such noble meaning: a person who actually invested in real things that employed real people and made something of real value.
While we still have some of that, it is less and less every day. The economic patient is sick with cancer from the rest the muck that is out there, and they make Bernie Madoff look like a piker.
I love how people think themselves somehow being "Free Market" purveyors of all that is good, when in reality the dirty dealings of our Financial Las Vegas look more like a dark brothel waiting room.
There is going to be a reckoning someday.
——the investigation would likely conclude in either 2016 or 2017-——
Thank goodness they are hurrying
Isn't this what usually happens?....The Fed investigates and finds that some big banks have been very bad boys. So the banks get fined. Personally, I'd much rather the money were being paid to savers in the form of interest on their savings than being given back to the casino.
So what happens? Well, these banks are "too big to fail" so the feds give them money so they don't go out of business. Yup, they give them back those fines and even print some more to give them. They call it debt the US taxpayer has to pay back, even though we got nothing and the big boys got everything. They get tens of millions of dollars in salary and bonuses, and we can't get a lousy 1% interest on savings.
Now we're getting all kinds of buy gold! and buy silver! suggestions. Which is fine, if we little folk actually have possession of the metal, and know how to sell it if we need to without getting ripped off.
And what about those Precious Metal IRAs and certificates of safe keeping etc? You can't fix stupid. I'd assume that the little folk will never see the metal. If we have paper that says we own precious metals, what we own is paper.
What's the little guy and gal to do? I'm thinking have long term purchases and repairs done. Have no debts. Have enough stuff to be able to stay at home and be self-sufficient for two months or so. Be very aware of fast moving events, and get out front of any panic setting in. Have something that can be bartered if people lose trust in cash and the banking system breaks down.
Please, correct me where my thought process errs.
You're watching your computer screen and you notice you can buy 10,000 shares of IBM at $142.52 and sell them at $142.54. I'm wondering if the $142.52 is the "fundamentally dishonest and immoral" price or if the $142.54 is the "fundamentally dishonest and immoral" price?
Anything you can do to help with my dilemma?
Gotcha! This was a thread hijack attempt, even though your diverted contention is correct.
And here all along I thought the thread was regarding metals market manipulation.
It's no difference in science......people fear the things they don't understand.
I think I see your problem. You don't understand arbitrage.
Funny, I was reviewing my entire investment portfolio Friday with my financial planner, and every stock I'm invested in produces real things, employs real people, and possesses real assets. I have no idea what you're talking about.
There is going to be a reckoning someday.
Yup, just like in 1929, 1987, 1997, 2001, 2008......same as it ever was. Long term, however, is that the market will continue to rise afterwards just like it has throughout history.
Quantity of material or units of a manufactured good that can be produced or purchased within the lowest unit cost range. It is determined by reconciling the decreasing unit cost of larger quantities with the associated increasing unit cost of handling, storage, insurance, interest, etc. See also odd lot and round lot.
Read more: http://www.businessdictionary.com/definition/economic-lot-size.html#ixzz3n9DCc4k3
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