Friday, August 15, 2008

Happy Cycling Silver!

Dollar is angry and she is taking it on the EURO, Just killing it this week.
Silver, how would you have liked to take profits, or perhaps initiate long from the practical Lows of the SILVER today?
Would you like to know these kind of turn dates? google to http://www.paypal.com and use my id bchikvash@aol.com with my user name Boris Chikvashvili to tell them you have $250/Quarter for TAILORED SERVICES. Thanks



1292 1289 1283 1275 spx 1308 1312 1318 1325

15:44 ET, And as for today, at least, the SILVER LINING, if you need now is going to cost much less.


33 comments:

tim9lives said...

Dear Boris,,,,I have recieved a new password for protected site,,,but can not sign in with new or old password

אנטי-סופיטליסט said...

Dear Boris,
On the ESU, my 2X1 line down
from the May high comes in today
at 1314. And Monday's high was
1313.30.
I also have a cluster of 2X1 lines that intersect today thru Tuesday
that might produce a turning point.
Good trading,
Klaatu

boris said...

Dear Tim,
Please email me at
bchikvash@aol.com

I will send you correct spelling
of password
or send me your phone
GOod Trading

boris said...

Dear Klaatu,
If this marks the low in ANTIDOLLAR( LOCAL) then it would be even more likely for SPX turn to happen today , tomorrow
Good Trading

sharon said...

dear boris

good day.

inflation in Israel - another 1.1% and how dear shekel react - it getting stronger - incredible!

by the wway, gold is down 10% from my last placement, should I act atomaticly and buy more or wait for awhile?

thanx and good trading
sharon

Sharon

sharon said...

-

boris said...

Dear Sharon,
YOu may want to buy 1/20 th
That is you make two purchsees this month

Good Trading
I think better time is coming
Good Trading

sharon said...

dear boris, thanx

Hopper said...

Yesterday I phoned my local gold dealer asking for 100oz silver bars. They told me they didn’t have any, but did manage to find a few 10oz bars, but coins no problem, gold no problem. So I phoned across town to another gold dealer and same story.
When I went there to pick it up, they had bars on their display counter, so I inquired. They had only unrecognized bars and not many.
Several months ago, there was an article on silerseek.com of the same problem in the US.

boris said...

Dear Hopper,
I do not know, why , but
I will throw wild idea...

Maybe they do not want you to buy gold at these prices. Or has this been going on for a while?

Good Trading

lagscrew said...

also a gold a couple gold freinds of mine said their stores are out as well---also a big premeiun on bulk silver coins---something smells

sharon said...

bye bye Rusia - no more overcharging oil for you - search for your engineer to build modern economy - OOPS, they gone !

boris said...

Dear Sharon,
Russia is afraid to build its economy.

If it was build it would have no OIL to export.
Russia, mind you produces less OIL than USA does. I think it is something like

11 Million Barrels / day for USA
9 Million for RUSSIA

The problem For RUSSIA is that if/when it citizens start to prefer VOLGA/CADILLAc Over Donkeys then there will be no OIL to export.

Good Trading

jimwhite33 said...

Dear boris You are not altogether correct , even though you touch upon a very important point, the USA imports close to 70% of the 20 million barrels it uses every day , it produes close to 6.6million bpd , russia has been produceing close to 10 million bpd but has reached a second peak production and is now in pernament decline about 3to4 % per year just like the USA. The internal consumption of oil can also be refered to as the Land Based Export Model , this of course concerns the amount of oil that produceing countrys have for export , the most serious case is mexico that may not have any oil to export by 2014 this can be applied to many produceing countrys, the USA imports about 10% of its use from mexico. I am still sticking to my call for convential peak oil production Jan 8 20012 and for the world to understand two years later , the whole lynch pin for this to happen is of course IRAQ other wise the peak will come sooner. If you want we can have a discussion on oil/energy at some time and I can refine my numbers they are always changeing, one good thing for the world is Kingdom Saudia Arabia has managed to increase production and not peaked . You can almost say when the KSA peaks so goes the world.JWW thank you.

pit5577 said...

I don´t understand the silver cycle picture. I don´t see a cycle. It does not want to say silver bottomed, does it?

אנטי-סופיטליסט said...

Hi all,

It looks like NDX is making a Diamant from yesterday 1 PM til now.

Haavard

אנטי-סופיטליסט said...

today is options eperation and they will hold the market right where it is at until after 3:30 before they show there hand. If the q's close at 48 then both puts and calls expire worthless. waldo

boris said...

Dear Jim White,
I stand corrected the numbers were almost correct for RUSSIA, but USA numbers were outdated from my side.
Thanks for correcting that.

Nevertheless the subject of the discussion was what RUSSIAS running out of oil if it consumes at our own pace per capita and that is a correct statment for 100 million people to use 3rd of use consumption 7 Million, will make them almost not exporters any more.

I think there is lot of OIL in Many places, like IRAQ should be able to produce more than 3-4 million a day and it is not.
Can somebody explain why?

I think we know

Good Trading

boris said...

Dear Pitt
You have recieved the Picture and asked me question then.
I had answered.

If you would like the original Picture ( to see the details ) I will send it to you ( in fact I am doing it)

Good Trading

boris said...

Dear Haavard thanks for your notes
Good Trading

boris said...

Dear Waldo
Thanks for the input
Good Trading

jimwhite33 said...

Dear boris Iraq is produceing at its high since the the start of the occupation at about 2.3 million bpd this is due to the USA buying off protection at 300$ per month per sunni fighter, Iraq can increase production to 4 million bpd like you say boris and if the fighting ceases it may get back to its all time high of 6 million bpd this will of course take many years to accomplise, also I would like to say that the word peak oil should better be imagined as world plateau production lasting some 7 years.

אנטי-סופיטליסט said...

I seems to me that NDX is the weakest of Comp, Dow J 30 and SP 500 the last few houres.

I bought a DIA put, but DIA did not work out as the ndx, so I took 5 cent Which is for the fee

To complete the diamat ndx should go douwn to around 1940 and as you see I am not betting on it.

Howard (haavard)

jimwhite33 said...

Dear boris interesting data point after cutting the support for oil price in china some 20% ,china has reduced oil imports 7% for the month of july, this number will change depending on the rate of growth for china economy.

Hopper said...

I looked at silverseek.com again and the first article seconds my findings

http://news.silverseek.com/GoldIsMoney/1218808884.php

What the Silver Shortages Mean

...the author is speculating it doubling in 6 months

אנטי-סופיטליסט said...

Dear Boris,

Thank you for the silver chart, impressive work.

Is it showing that the bottom is in or may it is a short term bottom?

I think that all the metals will not make THE bottom on the same day. I am still thinking that the bull marked has not ended jet.

Have a nice weekend
Howard

Hopper said...

I read an article a few months back about a court case of a silver investor wanting to get the serial numbers of the bars he owned (that was stored at his bank) but the bank would not give them to him. So it went to court. The court found that that bank did not actually have the silver in their vaults, only on paper. This case was settled, but the bank was not forced to change its practice of selling the same silver to more than one customer. (That is how banking works right?)

Maybe, today’s price gives the banks a chance to fill up their vaults.

david santos said...

Excellent posting!!!
Have a nice weekend.

Hopper said...

Update-
I just came from the local gold dealer. They told me they were not allowed to sell me any silver today...

boris said...

Dear Hopper,
Dear Stntos,
Dear Lag,
Dear Howard,

Thank you all for excellent commentary on what is up in the Metals Dealers world

Good Trading

sharon said...

1Dear Boris

do you think the Israeli inflation will stop the depreciation of the shekel? in the past it was the situation, but i wonder about the future.

thanx and have a nice weekend
Sharon

boris said...

Dear Sharon,
Love you my dear friend.
Like everybody else on this board(:-
YOu know my real thinking right.
I have a scenario of SHEKEL going down and FACTS be damed. I do not care if the world does not fit to my thinking world is wrogn(:-

No, Joking, just joking.

I think the scenario of Dollar going higher is in play regardless of anything else. If that changes I will change, but I do not think so

Good Trading

sharon said...

Dear Boris

Appriciate your answer and support.

your great work here and unlimited help to this comunity are admirable. from day to day more and more people know who is Mr Boris C.

take care good friend, we love you and everything you represent :-)

Sharon