• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Dollar Plummets, Market Surges, Rinse, Repeat

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Thu, 03/03/2011 - 10:47 | 1014751 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

King dollar!

Thu, 03/03/2011 - 10:51 | 1014770 bankrupt JPM bu...
bankrupt JPM buy silver's picture

gold silver down with it...makes sence



Thu, 03/03/2011 - 11:08 | 1014780 DaveyJones
DaveyJones's picture

off with his head

Stephen King?

There is no king who has not had a slave among his ancestors, and no slave who has not had a king among his. - H. Keller Authority forgets a dying king - Tennyson A king realizing his incompetence can either delegate or abdicate his duties - M. Dietrich I was king of the mountain for a long time, well I don't want that no more - W. Jennings
Thu, 03/03/2011 - 10:55 | 1014783 johnQpublic
johnQpublic's picture

king nothing more like

Thu, 03/03/2011 - 13:57 | 1015564 snowball777
snowball777's picture

Here King. Here King.

Thu, 03/03/2011 - 10:48 | 1014753 HamyWanger
HamyWanger's picture

Where is my friend RobotTrader? 

I haven't seen him in a week. 

Thu, 03/03/2011 - 10:49 | 1014758 Richard Head
Richard Head's picture

Meth head, the booger eater, and billy the tard have taken up his slack.

Thu, 03/03/2011 - 11:07 | 1014822 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

He was calling a top, and his rhetoric was tired.

I got you Robo...


Thu, 03/03/2011 - 11:02 | 1014810 Robot Traders Mom
Robot Traders Mom's picture

Probably in your bed.

Thu, 03/03/2011 - 11:15 | 1014857 lieutenantjohnchard
lieutenantjohnchard's picture

the catfish mouth robo uber bull bear wannabe said he was coming out of "retirement" to give back to the world that made him so wealthy by taking a day job.

Thu, 03/03/2011 - 11:28 | 1014890 Samsonov
Samsonov's picture

How quaint that the know-it-alls on this page are lonely without the last commenter who had anything original to say.  Congratulations, you have achieved 100% conformity for this site.

Thu, 03/03/2011 - 11:33 | 1014911 lieutenantjohnchard
lieutenantjohnchard's picture

i for one am so thankful for the catfish mouth's originality which suggests that:

1) there is no jpm short position in silver. it's a myth.

2) there's a huge jpm short position in silver. pigmen always win.

3) oil will crash.

4) oil will sky to the moon.

5) don't fight the fed.

6) short the market. fight the fed.

7) the gold silver rally is over, done, caput, deal with it.

8) gold hits new all time high.

and these original thoughts are within the past month.

Thu, 03/03/2011 - 11:33 | 1014916 tmosley
tmosley's picture

There are plenty of people with a wide variety of opinions here.  We don't need idiots who can't predict the date of the next Tuesday here telling us sweet little lies based on skittle farting unicorn delusions.

Thu, 03/03/2011 - 11:47 | 1014965 Samsonov
Samsonov's picture

Well, we certainly can't tolerate delusions on this site.  Ha ha.  His thought-crime was taking a realistic view of the market and, gasp, actually seeing the stock market as having profit potential.  That's why he'll be down the memory hole along with all the other who dared to post similar views.

Thu, 03/03/2011 - 14:24 | 1015692 prophet_banker
prophet_banker's picture

at your own risk, or should i say peril, in making $ in the market






phantom shares must see 25 minute vid

Thu, 03/03/2011 - 14:29 | 1015704 akak
akak's picture

No, his "crime" lay in being a smug and shallow RoboGogoMomoTotoDodo.

Thu, 03/03/2011 - 13:02 | 1015333 glenlloyd
glenlloyd's picture

A) They're not your friends, and 2) Get the fuck out of here.

Thu, 03/03/2011 - 10:47 | 1014755 FoieGras
FoieGras's picture

Plunging? DX Futs down 0.16% for the day on my screen.

Thu, 03/03/2011 - 10:58 | 1014792 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Yes, no one worry about the reserve currencie.  It is backed by Crespie Cream doughnuts and No. 7 whiskey.  Surely never to fail as a risk asset, the dollar is made from the paper of thousand year old redwoods  Move along.

Thu, 03/03/2011 - 11:08 | 1014830 AccreditedEYE
AccreditedEYE's picture

LOL! Nice Lennon. Seriously though kids, DXY coming up on serious support right above 70... plunge that area and we are in uncharted territory. :(   Did someone say gold-back Yuan? (I better start exchanging my bond portfolio over to Dim Sum bitchez!)

Thu, 03/03/2011 - 11:17 | 1014861 jus_lite_reading
jus_lite_reading's picture

The Fed's only madate is to keep the stock market propped up and people to "believe" there is a recovery... if the dollar needs to die to save Wall Street, then so be it.

I will say, tensions are rising folks. We're above the threshold for a revolution.

Thu, 03/03/2011 - 12:54 | 1015297 cranky-old-geezer
cranky-old-geezer's picture

Bob Chapman says 71.18 is the edge of the cliff.

No opinion myself, just reporting it.

Thu, 03/03/2011 - 12:47 | 1015226 slewie the pi-rat
slewie the pi-rat's picture


i had the same problem here, fois gras.  i've got the goldseek home page, with its time delays, but the dollar is UP against the AUD, GBP, CAD, CNY, INR, JPY, NZD, ZAR, and CHF,

but down v. the EUR and down a hair, overall.

i guess Tyler wants us to call him a moronic shitforbrained asswipe, again this morning.  but i'm NOT gonna fall for that cheap shot, today.  somebody else ge ahead for a change, ok?

dollar is DOWN almost X the board on food commodities, with The Precious taking paws.

risk on!!! especially for kids of poor parents, globally.

local news in norcal this fine morn included continued bewilderment and fingerpointing CYA regarding the San Bruno gas explosion last year, here:

Fire Chief Unaware Of Gas Line Before Explosion - News Story ... and here: Deadly gas explosion is focus of NTSB hearing - News

as well as the trials of trying to run a train:

Public to comment on Caltrain closure plans clusterfick city, or what?

lQQks like the resident fukturds of trains are gonna close stations, cut back sevices, and raise fares, and probably vote themselves pay and pension increases for next year, too!

Thu, 03/03/2011 - 16:21 | 1016222 playitcool
playitcool's picture

Caltrain CEO was making 400k a year for playing with choochoo trains. I'll do same job for 100k. 

Thu, 03/03/2011 - 10:48 | 1014756 slow_roast
slow_roast's picture

Best BTFD in gold and silver for a long time...well, last Thursday anyway!  Gold looking like a shiny prince that just needs to be picked up off the ground here.

Thu, 03/03/2011 - 10:50 | 1014764 unwashedmass
unwashedmass's picture

trichet threatens rate increase

gold & silver go down... a bit

the dollar tanks hard

the US stock market goes up

goes up further tomorrow on the "good" fake employment news

Bernanke gets his out to stop QE (Gross was the last straw, his defection.....)

plus is if the ME explodes over the weekend -- market then goes down not on Bennie Boy but due to ME in the mainstream media,

dollar edges back from the abyss for a week or two

JPM gets to savage gold & silver under the air cover, and cover some of its shorts......

Thu, 03/03/2011 - 10:51 | 1014765 Dangertime
Dangertime's picture

Everything at this point looks pretty frothy with the exception of the USD. 

I think it's time to go to cash for a little bit.  Commodities will almost certainly provide a better buying opportunity in the next few months.

Thu, 03/03/2011 - 10:59 | 1014800 Seymour Butt
Seymour Butt's picture

Frothy as in Santorum's frothy?

Thu, 03/03/2011 - 11:04 | 1014813 Dangertime
Dangertime's picture

I do not doubt that someone got stuck with that froth in this engineered run-up.

Thu, 03/03/2011 - 11:52 | 1014993 Blankman
Blankman's picture

Danger - I went to cash last week. I expect the middle east to get further out of hand and a significant drop in stocks. The foil to my plan is the HFT's ignoring half the world on fire and keeping the stocks on an artificial rise. No HFT the dow is at 6000.

Captcha is run by HFT:

49 plus ___ is -29

Math question cannot be longer than 2 characters but is currently 3

I'm no math whiz but How do I solve this if I can't have more than 2 characters. I am humbled by Captcha.

Thu, 03/03/2011 - 16:22 | 1016218 slewie the pi-rat
slewie the pi-rat's picture

try telling tyler to drop dead.

Thu, 03/03/2011 - 23:57 | 1017503 StychoKiller
StychoKiller's picture

Are you a human or a bot?  Enter the correct answer and "save" anyway!

Thu, 03/03/2011 - 10:54 | 1014779 DonnieD
DonnieD's picture

More great news for the middle class as Immelt and group are sporting a perpetual boner on these developments.

Thu, 03/03/2011 - 10:55 | 1014781 The Count
The Count's picture

any moment now... 

pop goes the weasel...


Thu, 03/03/2011 - 12:04 | 1015044 Battleaxe
Battleaxe's picture

Everyone knows that we are banging into major support/resistance lines in the dollar/gold/dow/s&p/..... Everyone including the fed and foreign central banks. They're trying to put the pedal down to try to blow through the lines. Will they be able to keep this virtual reality bull market going?????

Thu, 03/03/2011 - 10:55 | 1014782 Oh regional Indian
Oh regional Indian's picture

This is the new normal. There are no correlations anymore. Not the way we knew them in the good old days (like last week?).

This is the end game, no rules time we were forseeing at th eend of last year, when nothing was making sense. Now, it's all nonsense.

only gut trades will work. 

And it sure looks like the dollar is being hammered for a purpose. 

Cui bono?



Thu, 03/03/2011 - 16:22 | 1016228 slewie the pi-rat
slewie the pi-rat's picture

so the freakin goobermint checks don't bounce?

Thu, 03/03/2011 - 10:57 | 1014785 Racer
Racer's picture

ah but that was in days of yore, when fundamentals 'mattered'

Thu, 03/03/2011 - 11:01 | 1014802 Johnny Lawrence
Johnny Lawrence's picture

At some point they will matter again...there are no "new eras" when it comes to the market.  There will be bubbles long after this one is popped.

Thu, 03/03/2011 - 10:56 | 1014786 Long-John-Silver
Long-John-Silver's picture

USS Enterprise is slowly making its way to Libya

At least 2 Aircraft carriers will be required for the establish a no fly zone over Libya, and that's pushing the human endurance factor for the pilots involved. Let's also not forget that massive air strikes on Anti-air missile batteries will be required before a no fly zone can be instituted. I hope everyone notes it's the democrats that are pushing the start of a third front in the Middle East.

Thu, 03/03/2011 - 11:04 | 1014817 Pants McPants
Pants McPants's picture

You mention massive strikes on anti-air missiles like its a bad thing.  And I'm certain those F/A-18 pilots are more than happy to go without the mandatory 8 hours of "crew rest" required to be back in the air.  When democracy and freedom call, who are they to push Libyans to voicemail?

On a serious note, it doesn't matter which party calls for a third front.  You are either a statist or you are not a statist.  The third, fourth, fifth, etc. fronts were bound to happen, hell or high water (preferably both).  Are you familiar with Randolph Bourne's great quote, "War is the health of the state" ? 

Thu, 03/03/2011 - 11:20 | 1014880 KCMLO
KCMLO's picture

FWIW, the Air Force and Navy have no problem busting crew rest rules when they need to.  Being a former enlisted aviator I can attest to this.  Thankfully carrier operations for fighters are relatively short sorties, it's the support aircraft (like out of RAF Mildenhall; UK Souda Bay, Crete; Ramstein AFB, GE) that really have to worry about crew rest in this scenario.  When we did it in Kosovo my days/nights were basically brief, fly, debrief, sleep, brief, fly, debrief, sleep.  Crew rest becomes a non-issue when you're on that cycle considering the days just blur together.

Thu, 03/03/2011 - 11:53 | 1014998 piceridu
piceridu's picture


Thanks for your input...just curious, how many bombs did you drop on those non English speakers? Saw the devastation firsthand from "Smart Bomb" precision accuracy. Spent 2 years in the Balkans and talked to a lot moms and dads that lost children in that Lewinsky bomb fest.


Thu, 03/03/2011 - 11:07 | 1014828 Shameful
Shameful's picture

There is no Democrats, there is no Republicans.  There is only two teams of looters with nearly identical ideology taking turns at getting payed off for enabling a pillage.  It's only the raw grade A stupidity of Americans that let this game continue.

3rd front of war, why not?  When you already totally insolvent whats more debt?  Hey maybe we'll get more gov employment and the youth of America can go kill people overseas instead of learning about why they can't find work and are buried in student loan debt.

Thu, 03/03/2011 - 12:48 | 1015276 Almost Solvent
Almost Solvent's picture


Fri, 03/04/2011 - 10:49 | 1018368 DaveyJones
DaveyJones's picture

They can discharge their guns but not their loans

Thu, 03/03/2011 - 11:09 | 1014833 Muir
Muir's picture



Democrat, schedemocratz.

Think JPM, Chase and your intelligence should rise.


Don't be a fool!



p.s. good comment unnecessarily politicized.

Thu, 03/03/2011 - 12:04 | 1015049 SheepDog-One
SheepDog-One's picture

Lets also not forget the Libya is bombing its own refineries and oil fields as we speak.

Thu, 03/03/2011 - 10:58 | 1014791 John Law Lives
John Law Lives's picture

It all makes perfect sense:

A surge in commodity prices is "good".  It is a result from strength in demand...

A quick decline in oil prices (i.e. WTI) is "good" (despite the price surge which we have established is "good"), because it gives consumers a little more pocket change...

Revolution in the ME and NA is "good".  It is proof of democracy on the horizon...

Hugo Chavez's peace plan is "good", because the end to the revolution can only lead to "good" things...

Printing money and subsidizing massive deficit spending is "good" because the Ben Bernank is a "good" guy...

It's all "good", so BTFD.

P.S. Ponzi economy!!!



Thu, 03/03/2011 - 11:12 | 1014845 Cash_is_Trash
Cash_is_Trash's picture

Didn't Bernie Maddoff elaborate on your ponzi point exactly?

Only organized crime like government can do something so spectacular.

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