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And The Winner Is...
...Gold. The backtested model of shorting gold ahead of NFP has just broken. Margins calls coming in. JPM/Blythe Masters scrambles to prevent an all out rout as the $1,400+ stops are triggered.
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just buy the fucking surge.
Looks at silver...
Hory Shite!!
Pardon my French: "FUCK JPM!"
BWAHAHAHAHAHAHAHA!!!!!!!
BWAHAHAHAHAHAHAHAHAHA!!!
http://www.youtube.com/watch?v=1gTwfw3-SOc
++++
Yesterday's late-session beatdown is shown to be the same as the pre-QE2 announcement beatdown of 11/3. Knock it back to force it to start its next runup from a lower point.
Can someone please recommend a reliable up-to-the-second gold/silver spot chart site please?
I normally use Kitco but I'm tired of theirs...it seems to lag CNBC's (also unreliable) and crashes at inopportune times
Thanks
For Au (change stock_id to 334,335,336 for Ag, Pt, Pd)
http://freeserv.dukascopy.com/chart/?stock_id=333&stock_id=333&interval=...
or for Au & Ag....
http://www.bullionvault.com/gold-price-chart.do
...the silverseek dot com live 1 hour chart has updates about every three minutes and has a forum to read to satisfy ones' insatiable desires to advocate and despise the precious metal...and i agree with you on the kitco-nadler-nonsense, however their page today looks as close to a metals page as i have ever seen (and that's being nice)...and for the record, i'm not connected to either in any way...i'm just looking for the ticker and charts.
http://www.netdania.com/Products/live-streaming-currency-rates-foreign-e...
http://www.thebulliondesk.com/
I'm not expert, just a newbie, but above is what I use.
I use http://www.kitco.com/kcastwindows/
It's very inconspicuous so I installed it on my work computer. A small read-out on the taskbar, near the clock. Updates every few seconds (I think 5 seconds). (not compatible with Windows 7 though)
Kitco's is a tad slower than most.
If you Right Click on the price of any metal, and click on rearrange, it will upgrade to latest.
But it is really good for making sure you do not miss a dip, if you are on your puter a lot.
This is an easy button 5 minute chart list of most majors, and you dont have to leave ZH to see it.
http://www.zerohedge.com/article/cheekys-futures-charts-jun-21
Thank you one and all
Goldprice and 24hgold are pretty good.
http://goldprice.org/silver-price.html
It's looking like 1430 1440 is very guaranteed by 12/10 what was your call? 1450?
Don't ignore palladium (the other white metal)!
AND IT SURGES AGAIN!!!!1404/29.02
But will it hold MsC?
And again!! Silver @ 29.17
Makes my horn all stiffy
+100000000000000000000000000000000000000
Eat shorts JPM!
Down goes Frazier! Down goes Frazier!
I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.
-Alan Greenspan
Mr. Chairman:
The light at the end of the tunnel may be an incoming train...just saying...that best describes its era...
Or, it could be a gorilla with a flash light.
The light at the end of the tunnel is a flashlight held by the 800-lb gorilla in the room.
muzzle flash bitcheZZZZZZ
+5
It could be an royal "asset" with a flash distraction device disguised as a paparazzi in a white Fiat.
" it could be a gorilla with a flash light."
Is that a flashlight or is he "just glad to see you"?
Yeah I saw that, too.
Greenspan's latest -- equity premiums now at 50 year highs, good thing
Steve Liesman, CNBC-- now trying to defend that statement as not meaning equities overvalued
Irrational exuberance by the maestro himself?
I told em Viagra in Part D is a baaad idea, but nooooh...they did it anyway.
Can the market get priapism?
And what is the maestro doing with that poodl--oh, sorry Ms. Mitchell!
Did he trip on his way into Miles office?
Everything is turning to gold...
http://www.youtube.com/watch?v=YeccUuvp-qc
It appears to me that they are using Gold and Commodities to hold the Market up. Gold up all of the Material Stocks up. Every time there is bad news Gold goes Balistic.
They can use me. Use me up.
http://www.youtube.com/watch?v=g3hBYTkI-sE
It's the Chinese 'holding up', and not in the way that you meant.
First? Almost. Long gold and silver since 1999.
lol...i paid 285 for some maples in 2000. Damn near bottom-ticked that, 6.52/ for Ag ASEs and some Pt at 504. Then the ex wife took it during the divorce, probably fkin pawned it for .80 on the $
Gold is listed in my prenup:)
im not crying ...
this is the initial raise capital period for JP Morgan....
Hsbc and Deutsche Bank also having troubles with shorting hard assets.
Also Silver, Palladium , Rhodium and Platinium up...that means something, someone dont trust in the current system.
A Golden Woodie.
I've got a silver Ford to crash into Jamie's ass.
http://www.youtube.com/watch?v=akF1jXant7g
Now THAT is an activist. Bravo!
Coming from you, that is a great compliment. Thanks for helping to keep my eyes open. You have, along with TD, Max Keiser, Ron Paul, and Lew Rockwell, have challenged the ideas that were forced into my head as a child.
I think I will start going to every Chase Branch in my area and start warning them that their bank is being targeted for death, just to warn them.
Vendetta! Vendetta!
Every swap meet I have been buying up lots of 90% silver coins and silver eagles. Dealers around here are running out. Took care of buying gold long ago.
What now fiat???
Went to my local shop for silver eagles yesterday. He only had 8 left from 2008 & 2010.
He said he placed a small order for 15 more yesterday morning, and he won't get delivery for 2 MONTHS.
Supply problems indeed.
I bought a monster box yesterday.
As an aside, for all of you who wonder what anyone is going to do with PMs I just bought a new dog with physical gold bitchez. And that dog will hunt!
I find it very interesting that the secondary dealers "lag time" for new silver has been steadily climbing recently- at the start of November I was hearing 2-3 weeks. By Nov 21 when I was looking around to place another order, it was 3-6 weeks at different dealers. Now you are hearing 8 weeks delivery time?
Hey Crimex- your operation is lurching and shuddering, smoke pouring from the hood, giving off a grinding sound of metal on metal. Ease off, Ripley.
[Ease off, Ripley.]---Pining for the...
Nice!
I got this yesterday from Northwest Territorial Mint:
"Thank you for your inquiry. Your order #xxxxxxxx is currently scheduled to ship this week, however I am quite certain this order will be delayed. We are currently producing at full capacity but due to the very high demand we are seeing delays of an additional 2-3 weeks on many items."
I've been waiting for 2 months already.
Yeah, NWTM has good prices and good service, but always seems to have much delayed delivery times. I strongly suggest www.apmex.com for PM. Their prices and service are just as good, they usually ship within 1 to 3 days, and have always done so for us (4 times). Every item states expected delivery, so just choose something in stock.
COMEX is settling delivery with cash+premium due to problems finding enough physical!
Linky?
http://harveyorgan.blogspot.com/2010/12/strange-events-at-comexgold-and-silver.html
last time I asked you a similar question I got harangued on not doing my own damn research :)
Sorry bastards, bending the rules like that. I hope some day real soon, that dog and pony show ends.
I hope the dog eats the pony.
Buyers may not want COMEX to crash (just yet), so that they are milking it of premium, rather than taking physical only.
Mouse, meet cat.
So you take cash plus premium, and not take delivery. I wonder what you then do with said cash? Hmmm.
you take what supply you can and roll the cash plus premium.
When nickel shorts on LME went into default a few years ago, LME forced longs to lease the nickel to the shorts. Basically they cash-settled the whole thing out. That's what COMEX will do.
It is not INTENDED as a place to actually buy the metals that are traded. Maybe that was some obsolete historical purpose of a futures market, but no more. If you really want a gazillion ounces, you have to negotiate with a miner or a government. Going long x contracts on NYMEX won't cut it.
Si Si. You roll it forward and rinse and repeat, after you get hwatever physical you can. Good man.
Indeed. Milk the premium, source 50% more gold elsewhere, then disappear.
If you actually read the SLV and GLD prospectuses, they can do that.
Not saying it's right. I am saying that there are enough legal holes in that prospectus to drive a tank division through it.
[COMEX is settling delivery with cash+premium due to problems finding enough physical!]---Xibalba
And, if I recall, London was doing that earlier this year.
BUY BUY BUY !!!!!
JPM next lehman:)
Maybe Jimbo will talk about shiney stuff this evening , while he convenes the Cramerica show.
Come on. Blythe Masters will launch her attack any time she has a chance. One Blythe to rule us all...:(
I, for one, would welcome a pullback via our grasping thieving overlords.
Although a sharp rise, it's only 1%. Not exactly massive these days.
1400 is kind of a big deal to Blythe.
a "big effin deal" ..
Blythe needs the long schlong .
If that was a short squeeze, I'd say it was a small one.
Maybe I spoke too soon, another leg up starting. Cool.
Gold and Silver, buying more this AM. Doing what I can to fuck banksters everywhere.
Same here. Buying silver by kilograms.
I bought 8 silver coffin nails and a silver bullet yesterday (not a can of Coors Light).
Looking forward to Blythe biting that bullet. Die JPM DIE.
Simply BARBARIC!
A mere "Relic"
And don't forget inedible!
Wind that spring, you stanky cunt!!
Stinky? Skanky?
Qu'est-ce que c'est stanky?
http://www.urbandictionary.com/define.php?term=stanky
Merci.
We will all have the opportunity to buy more of that barbaric metal, on the very cheap, pretty soon! Kind of lofty short term! Long term nothing else matters but for now I am waiting to get a nice pullback, everything is quite long in the tooth folks! My 2C!
The only thing long in the tooth is the use of FRNs as the world reserve debt note.
Ya, thats what I told myself like $400 ago.
I'm getting permanent scars from all the times I whack myself in the head for not buying at $XXXX. I got on the train at $500, but haven't added since then and well... wish I had.
That is a sad process. you had knowledge about Gold but did not have the courage to pull ? I bought the latest at $1070's even after a pullback from $1220 because India had just before set a base at $1045.
Bought a bunch in 2005 but did not go "all in". People talk like it's all perfectly predictable, but I hedge because there are so many stunts the government can pull if you think you're going to outsmart them by buying gold.
Wrong. You are going to be "waiting" a long, long time.
My 2C.
My long term guess was/is $1,500 by Jan 1 2011. I am standing by it.
Every fiat currency in history has turned to trash....Tell me why those in use now are different?
Because we are exceptional and this time is different...lol
And we have The One as our president!
/sarc
US FRNs have nifty pictures of our fearless leaders on them (dead, all dead though)
bought good deal of gold and silver in spring of 2009. But was also too long silver in summer of 2008 and get a bit dinged up in fall of 2008.
debasement bitchez.
JPM to Ben....Hey Ben we've got some margin calls here on our Gold and Silver shorts. Can you help us out? We're to big to fail! Ben: I will wire some funds over. Will 200 Billion keep you going for a while! JPM, Yup!
No shit. Can't deliver. JPM doesn't give a shit about a premium they have to pay because The Bernenk can give them all the cash they need to help him keep the PM prices low because if they go up too far and too fast the jig is up and the paper crashes.
I said it three years ago, and two, and started here on Zerohedge more than a year ago...
Go withdraw the "money" you have in your bank. All of it. In cash. Today. Keep some if you want, buy gold if you want, doesn't matter.
5% withdrawals in cash = destruction of the banksters. Reset, and start again.
Do it now. Don't wait another second.
Been doing the same thing this year. Trust no one.
if you own a business, pass on your rapidly depreciating bucks to your suppliers.
you can also open a brokerage account and put extra cash in it to keep it out of the hands of the large banks.
a truly stable financial system would not have commercial banks lending out money. they should charge money to keep your money safe and ready to be spent.
the distinction between commercial and investment (risk-taking) banks have been blurred. and unfortunately, now all of our money is stuck in the ponzi-scheme unless you withdraw it.
gotta hold 1400.00 level and 29.00 for Silver convincingly b4 we can now that they have retreated to the next line of defence....today will tell...Turd wherever u r would u agree???
Your daily Turd goodness:
http://tfmetalsreport.blogspot.com/
thanks bro i normally drop n over there but didnt check 1st...
cheers
The recursive lines in the sand seem to always line up in steps of 100.
Good luck waiting, the train has left the station and 90% of the buyers are still waiting, no pullback coming you and the others who missed the train will drive this gold market up to $1650
Hey Tyler:
1. It takes about 45 minutes for the true market direction to emerge on jobs Friday. And historically, gold gets screwed on jobs friday.
2. This thing about chickens, eggs, hatched.
3. Gold has had two huge bear raids (yesterday and last night), I wouldn't be shocked for a third.
The jobs data came out YESTERDAY.
Why do you call it jobs Friday?.
Morons on CNBC claiming that the unemployment number is irrelevant, in the context of POMO for equities. Never mind that the economy is proper f*cked. What a bunch of douchebags.
OHH suddenly jobs are irrelevant to CNBC, showing they've also jumped the shark! JOBS wrent so irrelevant when these same whores were leg humping the shit out of ADP 2 days ago!
CNBC is irrelevant.
i'd go so far as to call it disinformation
Since when has it ever been anything else?.
Cost of Short + - Few Hundred Billion
Cost of KY- $2.95
Cost of Blythe getting done to her what she had done to all
-- PRICELESS, BITCH!
Been a while since you bought KY.
Even anal rape is getting more expensive.
Inflation, bitches!
http://www.kyshopdirect.com/?trk_src_ss=KYBPAYPCWEBMACSS
heh heh
heh heh
The gold cartel is fighting hard to keep the price below $1400 prior to the NYSE open.
I would have thought it would have hit 1430 by now. Head and Shoulders potential still alive. Watch 1385 like a hawk.
Ahh i see the $1400 test.
Mel Brooks bitches!.Can't keep it from rising see....
http://www.youtube.com/watch?v=C3viQHsBFc4&feature=related
....."the gigs up"
Gold can't save you, it's going down!! I know I said this before and I've been wrong 170 times, but that doesn't matter, it's going down soon back to 200, Sell, sell, sell.....right Robo?
Not 200 but <$1000/oz. Watch zombies.
Goled to $200 Daddy!
This is like watching a puppet show.
and where's that new Joe guy, you see how they run like roaches at the sight of a RAID can when gold jumps up. Only I have the huevos to stay here and lie about gold with half truths and twisted logic when it goes up.
It's a bubble and yes you can't eat it baby and the Indians won't buy and the IMF will sell.....Soros will sell what he didn't have in the first place because it's in a bubble but if he had he would sell it but he's secretly buying, or jusr saying he's secretly buying the bubble because he's secretly telling Warren that he's not buying secretly
robo is just yanking people's chain.
i can't believe people get so bent over it.
Put peanut butter around your lips and people are bound to think you're an asshole...
robo your not yanking my chain, sorry to hear this†
Quite frankly, Jon Nadler with his heavy sarcasm is one of my favorite posters here.
And where is his Li'l Pal Joey?
And you know where the hand is in that deal.
At 200 I'm pawing the TV, the dishes, the fixtures, and going all in...
I don't believe you, brosef.
It may have a few pullbacks of $2-$300.00 before this train arrives.
Only way it ever see's $200.00 again is if China and India stop their splurges, and Russia also, not to mention the other asian economies.
And (the most HUGE miracle of all), a total turn around globally in all economies, and balanced budgets.Consumer confidence returns, and Unicorns graze on the White House lawn.
Or, worst case scenario, Gv't says thanks for storing it, and paying for it,we want it ALL, and at $42.00.
Or else.
YOU will be a SERF or die.
i miss Johnny Bravo ;)
Earth to Johnny Bravo....come in Johnny...is there anybody out there?
Au @ $1406 and Johnny has left the building, along with the Yipper, the Wankster and the Robo Alf charts...
Joe bailed too.
am still here...The IMF will sell gold! sell now
Nads,
If they do, it will get SUCKED up so fast, the only loser will be THEM.
Cmon Tyler...
Buy the Fing dip...ES closes green.
They may just have to break out chocolate rain over at Slope of Hope today.
CNBC shrugging it off as irrelevant, simply amazing to watch all this. ADP was confirmation of total success, a mere 72 hours later the huge miss means nothing....nothing.
Looks like they need another broad market sell off to attempt to stifle metals prices. Either that or Silver @ 35.00 in exchange for Dow 11,600.
Its like a Jigsaw trap for The Bernank. Make your choice.
Gold
http://99ercharts.blogspot.com/2010/12/gold_03.html
http://www.zerohedge.com/forum/99er-charts