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Freefalling Dollar Sends Silver Above $46

Tyler Durden's picture




 

At this rate the Hunt Brothers all time high to be taken out within a week...or a day, right about the time the dollar suffers terminal implosion. The DXY is now below 74.

 

 

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Thu, 04/21/2011 - 08:42 | 1191855 NewThor
NewThor's picture

Oh....

and....

On bloomberg, they've said Raj Rahmanatan

a zillion times. And haven't mentioned he worked AT Goldman Sachs ONCE.

Cant you believe that shit?

It's almost like he was a plant. A fall guy.

Let's get some Brown Banker who's name sounds more Muslim

than Osama Bin Laden and fry his on TV, THEN!

maybe people will forget Eric Holder is a laminated cut out.

Thu, 04/21/2011 - 09:36 | 1192059 Ned Zeppelin
Ned Zeppelin's picture

Prepare to whipsawed by King Dollar.  I only say that because it looks to me like a giant con is in progress when dry cleaner clerks are talking about acquiring gold and silver, and no one is watching what the other hand is doing.  That is not an anti-PM statement at all, only the observation that these plutocrats are not dumb, and they do not play nice.  They will not allow the FRN to fall much further. They will not allow U.S. interest rates to go ballistic. They will do what it takes.  Watch yourself.

Thu, 04/21/2011 - 21:16 | 1194916 cranky-old-geezer
cranky-old-geezer's picture

They will not allow the FRN to fall much further. They will not allow U.S. interest rates to go ballistic. They will do what it takes. 

All Bernokio has to do is start clawing back liquidity.  FRN stabilizes, rates don't rise.

But Wall Street collapses.  

And the federal government collapses.

Thu, 04/21/2011 - 21:21 | 1194921 cranky-old-geezer
cranky-old-geezer's picture

They will not allow the FRN to fall much further. They will not allow U.S. interest rates to go ballistic. They will do what it takes. 

All Bernokio has to do is start clawing back liquidity.  FRN stabilizes, rates don't rise.

But S&P collapses.

And Wall Street collapses.  

And the federal government collapses.

Thu, 04/21/2011 - 09:51 | 1192099 Lmo Mutton
Lmo Mutton's picture

Digital money bitchez!  Backed by the full faith and credit of the banksters.  

We don't need no stinkin' gold!!

Thu, 04/21/2011 - 12:43 | 1192782 artinlight
Thu, 04/21/2011 - 21:25 | 1194746 cranky-old-geezer
cranky-old-geezer's picture

Last 3 days at 3 PM sharp we see intervention to halt DXY collapse.

Effect lasts a few hours, then it continues on down.

Do NOT follow this link or you will be banned from the site!