This is the message Wynter left on another message board. Several guys figured out where it was and I asked was it if was OK to post it so here it is. There is a further comment I suggest you guys read in case you are thinking of going balls to the wall and it makes references what I wrote on my blog. I'll post the other stuff there just to keep it all in one place for easy reading.
This is from Wynter:
"Per the request of Louis Cypher over at the Turd's blog, this is WB posting under the moniker of The Leader. This is to lay down the foundation of what will happen as sil breaks $31.
The key word is "supernova". We have something very special in store for BM when we break sil to new highs.
On another note, didnt you find it strange that sil broke out precisely and I mean precisely at 8:25 am est on Feb 8, the exact time when BM always slammed sil down? Only "Cris" on Turd's blog caught that. It was our way of telling BM that we too can play that game.
Since you want proof, here it is.
The timing can not be determined precisely this time around due to logistics involved (but it should be in less than 5 days), but we have something special to demonstrate to BM and all the naysayers when sil goes over $31.
Remember, the word is "supernova" and you heard it here first!!"
This next post is from another member of the group. Please read it carefully and then look at my post from the other day on this blog to understand what he is referencing. He is basically warning people to be careful as they may change strategies if necessary.
"It's really up to you (TO RELEASE THE POST) but I dont think this "prediction" will be as value added as the other prediction on Feb 8.
The problem with this one is that it is based on an event (when we get over $31) and not based upon a specific time and date. We are definitelly going over $31 even if the group has to be the instigator of the move. However, the desired setup is to allow the market to drift up and then we lower the hammer decisively.
I am a spokesman for the group so I can relay our intentions to you and I am always welcomed to add or suggests comments from readers that would further our goals but I am not privy to day to day or certainly minute to minute trading activities.
I can say that once we break $31, it is our intention to drive the price as far away from the old highs as possible and hold it there as we approach $31. As we approach March 1st, you are correct when you say that we might short the further month contracts depending on the price. We might even stand for delivery if the price is not "high enough".
Regardless we believe that the price of silver will be much higher in the coming months, thus if you hold physical silver, our interests will always align.
Good luck to us and I hope things work out as we had hope. And another thing when I said 5 days, I meant 5 trading days so it is certainly my expectation that the supernova event will happen by Friday if all goes according to plan."
Turdle GG just asked for a clarification on "I can say that once we break $31, it is our intention to drive the price as far away from the old highs as possible and hold it there as we approach $31"
I don't want to put words in anyone's mouth but I'll take a stab at it.
I'll assume he meant $41 as the place to push price to. If these guys are for real. (And I mean guys as there is more than one writer here.)
Then they are playing a game where the rules can change very quickly and/or they are forced or decide to take the opposite trade and go short. They are going to do whatever makes the most sense for them. Beating Blythe is a small part of their motivation. If they pull it off it will scare the crap out of all the pilot fish hanging out with the big shark. If they are real it's a game changer. It won't be possible to just follow the JPM traders to make money.
Another comment added by Wynter
"Please listen to LC and please do your own due diligence. I am here to outline what we believe is the short term direction of paper silver. It is our opinion that paper silver will go up by a lot from now until March 1.
We are positioned that way. The only way that we might be "thwarted" is if the counterparty is actually able to deliver physical silver. But then again, that is not really being thwarted now is it?
We believe that silver will be multiples higher than where it is right now therefore we are very comfortable potentially taking posession of physical silver or a "cash settlement". In our opinion, we win either way. That is why we are encouraging fellow investors to take physical silver. We do not see how you can lose money if you buy physical silver at $30 or even $35 or so. If you decide to play the paper game, whether through options, slv, or other instruments, please make sure you leave yourselves a cushion to purchase physical silver should the paper silver price go down.
The next few days should be very exciting as the noose is tightening around the comex. Let's see if the price of paper silver react the way that we have anticipated.
Please be diligent and only risk a moderate amount should you decide to play the paper silver game."
This is from Wynter:
"Per the request of Louis Cypher over at the Turd's blog, this is WB posting under the moniker of The Leader. This is to lay down the foundation of what will happen as sil breaks $31.
The key word is "supernova". We have something very special in store for BM when we break sil to new highs.
On another note, didnt you find it strange that sil broke out precisely and I mean precisely at 8:25 am est on Feb 8, the exact time when BM always slammed sil down? Only "Cris" on Turd's blog caught that. It was our way of telling BM that we too can play that game.
Since you want proof, here it is.
The timing can not be determined precisely this time around due to logistics involved (but it should be in less than 5 days), but we have something special to demonstrate to BM and all the naysayers when sil goes over $31.
Remember, the word is "supernova" and you heard it here first!!"
This next post is from another member of the group. Please read it carefully and then look at my post from the other day on this blog to understand what he is referencing. He is basically warning people to be careful as they may change strategies if necessary.
"It's really up to you (TO RELEASE THE POST) but I dont think this "prediction" will be as value added as the other prediction on Feb 8.
The problem with this one is that it is based on an event (when we get over $31) and not based upon a specific time and date. We are definitelly going over $31 even if the group has to be the instigator of the move. However, the desired setup is to allow the market to drift up and then we lower the hammer decisively.
I am a spokesman for the group so I can relay our intentions to you and I am always welcomed to add or suggests comments from readers that would further our goals but I am not privy to day to day or certainly minute to minute trading activities.
I can say that once we break $31, it is our intention to drive the price as far away from the old highs as possible and hold it there as we approach $31. As we approach March 1st, you are correct when you say that we might short the further month contracts depending on the price. We might even stand for delivery if the price is not "high enough".
Regardless we believe that the price of silver will be much higher in the coming months, thus if you hold physical silver, our interests will always align.
Good luck to us and I hope things work out as we had hope. And another thing when I said 5 days, I meant 5 trading days so it is certainly my expectation that the supernova event will happen by Friday if all goes according to plan."
Turdle GG just asked for a clarification on "I can say that once we break $31, it is our intention to drive the price as far away from the old highs as possible and hold it there as we approach $31"
I don't want to put words in anyone's mouth but I'll take a stab at it.
I'll assume he meant $41 as the place to push price to. If these guys are for real. (And I mean guys as there is more than one writer here.)
Then they are playing a game where the rules can change very quickly and/or they are forced or decide to take the opposite trade and go short. They are going to do whatever makes the most sense for them. Beating Blythe is a small part of their motivation. If they pull it off it will scare the crap out of all the pilot fish hanging out with the big shark. If they are real it's a game changer. It won't be possible to just follow the JPM traders to make money.
Another comment added by Wynter
"Please listen to LC and please do your own due diligence. I am here to outline what we believe is the short term direction of paper silver. It is our opinion that paper silver will go up by a lot from now until March 1.
We are positioned that way. The only way that we might be "thwarted" is if the counterparty is actually able to deliver physical silver. But then again, that is not really being thwarted now is it?
We believe that silver will be multiples higher than where it is right now therefore we are very comfortable potentially taking posession of physical silver or a "cash settlement". In our opinion, we win either way. That is why we are encouraging fellow investors to take physical silver. We do not see how you can lose money if you buy physical silver at $30 or even $35 or so. If you decide to play the paper game, whether through options, slv, or other instruments, please make sure you leave yourselves a cushion to purchase physical silver should the paper silver price go down.
The next few days should be very exciting as the noose is tightening around the comex. Let's see if the price of paper silver react the way that we have anticipated.
Please be diligent and only risk a moderate amount should you decide to play the paper silver game."
13 comments:
Greetings LC, actually that was me who asked WB to clarify the $31 thing on the yahoo board. I figured that what WB wrote was a typo and your stab at the clarification would seem to make sense, thanks dude. Also like yours and WB's advice on being cautious. Great advice. Cheers.
My bad. Not sure why I thought it was Turdle ??
I just hope people don't turn into lemmings in search of a cliff.
Just trying to keep up here. I asked the question as to what was meant by the two mentions of $31 in the same sentence. LC said he thought the second reference should have been $41, not $31. Did anyone actually get an answer from WB or the leader?
LC, thanks again.
Turdle, no, so far no mentioning. But 41 would make sense indeed since they've been voicing this number before.
Let's see if there's a margin hike today / tomorrow.
"And another thing when I said 5 days, I meant 5 trading days so it is certainly my expectation that the supernova event will happen by Friday if all goes according to plan."
Does this mean this Friday 2/18? If not, then when?
anyone have any idea where the spot price would be April 24th?
Sierra,
I wouldn't hazard a guess but based on what the guys have written expect prices to be whipped around.
They started by saying they were going to push the price straight up but when I suggested caution to everyone as hedge traders are not known for charity work they backed off from that to say they may go short. So expect up down up down up. They categorically said they will try and shake people out of their positions. So expect a roller coaster.
If you have physical it won't matter unless you live next door to the coin dealer. If you are playing the futures get ready for the ride of your life.
Something I should point out though. According to the TA guys I pay attention to this price rise may already be baked into the cake. In other words this move was expected with or without these guys. Whether these guy were the catalyst or not ????
The COT reports will show whether people are standing for delivery or not though. So pay attention to Bill Downey, Harvey Organ and Sinclair. These guys have been tracking this stuff a lot longer than any of the present day soothsayers.
Goldtent is also an excellent no nonsense site.
So ignore what you think may happen because of WB and friends. Pay attention to what your inner voice tells you. Is it telling you there is something really wrong with the world and to get some protection? If so go with that feeling.
As an aside. I will compile everything they have written for easy reading.
Go to goldismoney2.com and look for posts by "beastie" for a free subscription to Bill Downey's website. That will give you some no nonsense TA on a daily basis. He updates several times a day.
Ah heck here is Bill Downeys stuff
www.goldtrends.net
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Louis,
thank you so very much. I owe you one. I have had physical for years. I just took some FRN's after watching the silver bears 3 video and listening to Sinclair, Turk Butler ETC. I am just hoping that the wynter group will not short. My may 38 options expire April 24th I think so hopefully they won't short before then.. I could tell in my soul that this push was going to be big so I thought why not taks a little cash and get some leverage.. hopefully by hitting this it will put me in a position od never having to sell silver for a very long time. Again thank you.
Brian
Louis, i hope you still check up on old posts, heres my thoughts regarding the posts from WB, when he/she said
I can say that once we break $31, it is our intention to drive the price as far away from the old highs as possible and hold it there as we approach $31. As we approach March 1st ...
-the portions that followed it what confuses me:
"you are correct when you say that we might short the further month contracts depending on the price."
-but for this portion of the message:
"We might even stand for delivery if the price is not "high enough".
-if they are referring to the may contracts, at this point, arent they now net short? and what do they mean by "if the price is not "high enough". "?
-im a little confused by the statements but it sounds like their plan is to perhaps take delivery at a lower price by opening short positions themselves in the next near month contract temporarily driving the price down to offset the cost when it comes to march deliveries, if thats the case, i cite another one of WB's posts that states the following:
"If more than 10,000 contracts remain on the first day notice of delivery, then I am certain that silver will trade north of $40 within two days
of that event."
-which then sounds like the complete opposite where they expect a rise in price depending on how much OI is left come FN day, where shorts who are still short the march contracts will have to cover their shorts. if thats the case, hypothetically it seems like there would be a surge spike up 1-2 days from the day of the final notice, only to retreat back down (i.e. short term top)
thus assuming the first situation is true where they are holding shorts in the next months contracts, they can cause a minor correction in the price and then buy them back whenever they feel works best in their favor
does this interpretation make sense? so the question is where the price will trend come march 1st, and the rational for the statement "you are correct when you say that we might short the further month contracts depending on the price"
any thoughts?
"We might even stand for delivery if the price is not "high enough".
If the price is not high enough they will be trapped into taking delivery as they won't be able to sell for price plus premium. This is in reference to march I believe. If they can extract price plus premium they obviously won't take delivery and may drive the price right back down again in order to fleece the longs and use their money to drive price back up again for end of April. The big moves will come the closer we get to delivery dates.
If they do take delivery then they will be forced to push the price higher in the longer term.
What you are saying makes perfect sense but everything is open to change and everything is open to interpretation.
Keep in mind they are winging it by the day every day. They will change their plans as necessary but the bottom line is their overall intention (imho) is to push the price up this month and next. If you are playing options you may get fleeced by them or Blythe or both. If you have physical it won't matter what the daily fluctuations are because according to them they will drive the price higher in the next few months.
But please keep in mind I don't have any special "in" or relationship with these guys. Wish I was privy to their day to day.
I did ask them to keep a log or diary of what they are doing on a day to day basis as it would make fascinating reading one day. Real deal or not they are making history and it would be a shame to lose the perspective of these market makers.
It's going to be a fun week next week.
please tell them to stand for delivery.. lol yes it will be interesting.
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