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Gold Hits New Record

Tyler Durden's picture




 

GOLD FUTURES RISE TO RECORD $1,522.80 AN OUNCE

 

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Wed, 04/27/2011 - 13:50 | 1212424 nope-1004
nope-1004's picture

Yes, visualizing toilet paper is quite easy.

 

Wed, 04/27/2011 - 13:53 | 1212478 TruthInSunshine
Wed, 04/27/2011 - 14:09 | 1212569 Turd Ferguson
Turd Ferguson's picture

Gee, where did all the topcalling, douchebag trolls go?

Wed, 04/27/2011 - 14:15 | 1212602 UGrev
UGrev's picture

In the corner with smaller versions of Turd hats which are embossed with "Top Calling Douche Bag". 

Wed, 04/27/2011 - 14:17 | 1212614 SheepDog-One
SheepDog-One's picture

Hey Turd, you called it exactly right! Im not some brown noser, just giving credit where its due.

Wed, 04/27/2011 - 14:23 | 1212630 long juan silver
long juan silver's picture

another carnival barker chirps in.

Wed, 04/27/2011 - 14:24 | 1212657 SheepDog-One
SheepDog-One's picture

Yer mom's here?

Wed, 04/27/2011 - 14:53 | 1212863 long juan silver
long juan silver's picture

Nope. Turd's is, and she's you.

Wed, 04/27/2011 - 16:09 | 1213325 dogbreath
dogbreath's picture

get a life cock sucker

Wed, 04/27/2011 - 14:32 | 1212724 Bay of Pigs
Bay of Pigs's picture

Hey Billy, where's your pal Dangertime?

He's getting reamed in the ass.

Wed, 04/27/2011 - 14:36 | 1212740 SheepDog-One
SheepDog-One's picture

He's down below writing nasty little snarky notes.

Wed, 04/27/2011 - 14:39 | 1212759 tmosley
tmosley's picture

Aww, now he changed his avatar.  What's wrong?  New registration closed?

Wed, 04/27/2011 - 14:54 | 1212872 long juan silver
long juan silver's picture

Baking rubber biscuits with your mom in Lubbock today.

Wed, 04/27/2011 - 14:59 | 1212906 tmosley
tmosley's picture

Sounds more like you're getting your fudge packed, honestly.

Wed, 04/27/2011 - 16:14 | 1213359 Bicycle Repairman
Bicycle Repairman's picture

"long juan" will be back next week as the "silver fudge packer".

Wed, 04/27/2011 - 15:20 | 1213037 Richard Head
Richard Head's picture

Hey william the bastard, get a clue.  No one likes you, and no one cares what you think.  Kill yourself.

Wed, 04/27/2011 - 16:04 | 1213313 Creed
Creed's picture

lol here's one of those topcallingtrolls right here, and boy is she pissed

 

so long Juanita, we barely knew ye

Wed, 04/27/2011 - 18:08 | 1213861 topcallingtroll
topcallingtroll's picture

Hey I am the topcallingtroll.  trademarked and registered.  Illegal copies will be pursued by legal means.  However if you look at my comments I called the top and just this morning I called the bottom.  And right after I heard the FOMC statement I said cover your fucking shorts.

Wed, 04/27/2011 - 18:14 | 1213871 akak
akak's picture

No, Dangerclown called dibs on being the bottom.

Bankruptke is giving it to him slow, hard and unlubed even as we speak.

Wed, 04/27/2011 - 18:20 | 1213890 topcallingtroll
topcallingtroll's picture

ouch....TVIX did that to me last year.

Wed, 04/27/2011 - 18:25 | 1213910 akak
akak's picture

But unlike Dangerclown with Bankruptke, you probably did not enjoy the experience.

Wed, 04/27/2011 - 16:45 | 1213535 quasimodo
quasimodo's picture

One of life's simple joys. Sitting here and hitting refresh on occasion, just to see how many junks a dicksmack like yourself can rack up.

Don't you have a lawn to mow somewhere?

Wed, 04/27/2011 - 14:26 | 1212670 schoolsout
schoolsout's picture

I wonder how many douchingerites got obliterated on their short silver trade? 

What a fucking delta bravo...

Wed, 04/27/2011 - 16:09 | 1213322 Creed
Creed's picture

douchingerites got obliterated

 

bwahahaha

 

crickets over there hahaa a guy could probably get rich taking the other side of the ticker consensus

Wed, 04/27/2011 - 16:18 | 1213348 akak
akak's picture

crickets over there hahaa a guy could probably get rich taking the other side of the ticker consensus

Creed, you should know that there is in no way a "consensus" over in the MarketGulag, only the capricious and rigidly enforced dogma of Herr Oberststalagfuhrer, aka King Karl I.  All dissenting opinions, no matter how civil, well-argued or logically defended, are summarily purged as heresy, most of all ALL talk of that most hated by King Karl of all metals, gold.

And just for your insolence to the Great King, I BAN YOU!!!!!

Wed, 04/27/2011 - 18:06 | 1213855 topcallingtroll
topcallingtroll's picture

If they listened to my post to cover their shorts right after the FOMC essentially said to go long precious metals then not too many!

Wed, 04/27/2011 - 14:40 | 1212782 Bastiat
Bastiat's picture

Is that Blythe humping your leg?

Wed, 04/27/2011 - 14:48 | 1212838 Creed
Creed's picture

+1 there tf

 

 

Wed, 04/27/2011 - 14:49 | 1212852 Dr. Porkchop
Dr. Porkchop's picture

It's a top! Sell now or be priced in forever!

 

</kidding>

Wed, 04/27/2011 - 14:52 | 1212876 sheeple
sheeple's picture

hey turd i finally had a chance to view your apr23 vid on reprecht and master...how did you get that so nail down man...

can't wait for your new blog

Wed, 04/27/2011 - 18:07 | 1213851 topcallingtroll
topcallingtroll's picture

we are still around.  I did call the top and called the bottom if you check out my comments today and the last week.  Maybe I should specialize in bottoms.

Thu, 04/28/2011 - 00:31 | 1214849 Kyron95131
Kyron95131's picture

get used to the nay sayer majority turd as im sure you prolly already have

give ya props for sticking to your guns and providing the math and analysis to back up your beliefs, a good practice i recommend for anyone regardless of who's side of the argument they side with.

keep up the good work!

Wed, 04/27/2011 - 14:23 | 1212652 pirea
pirea's picture

Stalin used to do this all the time.

Also he used to kill the guys with inconvenient questions. Maybe Ben will do this next time. We are getting there.

Wed, 04/27/2011 - 14:48 | 1212844 Tail Dogging The Wag
Tail Dogging The Wag's picture

It was more like people with inconvenient questions would be swallowed by the earth. You would never see them again. No bodies to be found. No traces that they ever existed. They would even be erased from pictures with Stalin. Nice photoshopping back in the day!

Wed, 04/27/2011 - 15:04 | 1212914 rosiescenario
rosiescenario's picture

....Banzai's grand dad????

Wed, 04/27/2011 - 15:41 | 1213123 Hugh G Rection
Hugh G Rection's picture

Where are all the putz' with SLV puts?????

 

Days like today make Hugh VERY excited ;-)

 

(_(_)========D--- - - ---- - - -

 

JPM $45.61  SLV $48, so much for parity

Wed, 04/27/2011 - 16:17 | 1213373 Bicycle Repairman
Bicycle Repairman's picture

I think you just gave "Dangertime" a facial.

Wed, 04/27/2011 - 16:18 | 1213383 Hugh G Rection
Hugh G Rection's picture

free bukakke for all silver bears!

Wed, 04/27/2011 - 17:14 | 1213675 tmosley
tmosley's picture

It'll have to be free, as they are all filing for bankruptcy as we speak.

Wed, 04/27/2011 - 13:51 | 1212435 DavidC
DavidC's picture

I can only assume Ben is long Gold.

DavidC

Wed, 04/27/2011 - 14:21 | 1212632 silvertrain
silvertrain's picture

He doesnt understand Gold...

Wed, 04/27/2011 - 14:24 | 1212645 long juan silver
long juan silver's picture

Would Ron Paul frontrun his nomination?

Wed, 04/27/2011 - 15:24 | 1213050 Infinite QE
Infinite QE's picture

Ben's bosses surely are.

Fri, 04/29/2011 - 17:01 | 1222070 GoinFawr
GoinFawr's picture

OT, but the other day you mentioned something about China hearting miners over toilet paper and I replied `and why the fuck not, eh`; prescient?

Oh Lundin, the Canucks hardly knew ye

Wed, 04/27/2011 - 13:48 | 1212436 smeagol
smeagol's picture

try netdania

Wed, 04/27/2011 - 13:51 | 1212437 MsCreant
MsCreant's picture

This is so predictable even I can do it. Options expiration = Monkey hammer, next day = blastoff like bat out of hell. I need my cash or I would have bought yesterday's mindlessly predictable dip (and I don't mean I would buy Ben).

Wed, 04/27/2011 - 14:27 | 1212542 PY-129-20
PY-129-20's picture

He could work as your gardener, Ms Creant. Just don't leave him alone with a printer - that will end badly...

Wed, 04/27/2011 - 16:26 | 1213410 Bicycle Repairman
Bicycle Repairman's picture

I was using Proshares 2X inverse ETFs to short the market back in the fall of 2008.  It worked perfectly until the monthly OpEx when the ETFs got hammered, even though the EFTs I was shorting continued to lose.  Even though my timing was perfect and I exited my position on 3/9/09 and the market had declined considerably, I only broke even.

I GUESS MONKEYHAMMERING GOLD AND SILVER WITH OPEX DOESN'T WORK SO WELL, DOES IT, KIDS??

Wed, 04/27/2011 - 16:29 | 1213428 Dejean Splicer
Dejean Splicer's picture

Time to cue up Flight Of The Bumblebees.

http://www.youtube.com/watch?v=6QV1RGMLUKE

As a thick dense swarm swirls around the chairman he proclaims "I can stop this in 15 minutes".

*[Sorry to hear about your home. I hope you're doing well]

Wed, 04/27/2011 - 13:51 | 1212438 LudwigVon
LudwigVon's picture

1500 is the new 250.

Wed, 04/27/2011 - 14:04 | 1212530 AldoHux_IV
AldoHux_IV's picture

+1 Or the new 150

Wed, 04/27/2011 - 14:12 | 1212583 Conrad Murray
Conrad Murray's picture

An ounce of gold used to cost $20. Now it's $1500. If you're making $20/hr, you're really only making $0.26/hr.

Wed, 04/27/2011 - 14:36 | 1212736 BobPaulson
BobPaulson's picture

Except it was tough to find jobs paying 20 bucks an hour a century ago. Only the savers get creamed, the people who blow all their money and go in debt don't give a shit, except their salaries inflate slower than prices.

Wed, 04/27/2011 - 13:49 | 1212440 akak
akak's picture

Reason? 

Is this due to some mass psychic precognition of the results of Bernanke's press conference which is about to begin?

Wed, 04/27/2011 - 13:50 | 1212456 alien-IQ
alien-IQ's picture

inflation expectation based on available evidence...and yes...it's the new flight to safety.

Wed, 04/27/2011 - 14:24 | 1212659 Strider52
Strider52's picture

Silver is getting harder to come by. I can't find a place (even Tulving, Kitco) that has the 1-oz .999 bars that i bought just last year. Sure, you can get larger bars, but try finding 1oz bars.

  When silver becomes really, really scarce, people will flock to gold. By then, your oz's of silver will be worth 1/2 oz of gold. Two-to-one ratio?

  I guess I'll hold until the excrement hits the rotating wind device, then I'll trade for farmland - with a chicken-coop. I'll eat fajitas till I'm dead.

  Yes, I already have the lead and delivery devices, food for 3 months, gotta get water and T.P., or use FRN's, after bleaching them.  

Wed, 04/27/2011 - 14:31 | 1212697 SheepDog-One
SheepDog-One's picture

Apmex was crying about how their 'lock in your prices now we'll buy your silver and gold' mass Email did not result in hardly any selling....oh well JPM yer fuked.

Wed, 04/27/2011 - 16:24 | 1213415 gabeh73
gabeh73's picture

ya, I didn't endure being called crazy for pulling out IRA 30 years before retirement and hiding bars in the woods, just to go sell them to fucking APMEX for a $3 Bernank Buck premium! how about send out a free rifle with 500 rounds for every 5 oz bar I send you?

Wed, 04/27/2011 - 17:16 | 1213682 tmosley
tmosley's picture

lol, that's a deal I'd take.

Wed, 04/27/2011 - 14:41 | 1212790 Pants McPants
Pants McPants's picture

+ 1522 for Vonnegut reference.

Wed, 04/27/2011 - 14:51 | 1212849 moldygoat
moldygoat's picture

Those looking for eagles can go to www. silvergoldbull.com  They still have the monster box of 500's listed in stock.

Maples, pandas and rabbits too.

 

Great service so far here in Canuckland.

Wed, 04/27/2011 - 14:55 | 1212893 Tail Dogging The Wag
Tail Dogging The Wag's picture

Why are you waiting to get farmland? It's only getting harder to come by every day with the Bernank printing to eternity and perpetual QE. QE 3 not coming? what's this QE 2.1 and the versions keep improving.

Get farmland outside the US:

http://thorssoncapital.weebly.com/

Wed, 04/27/2011 - 15:35 | 1213139 TruthInSunshine
TruthInSunshine's picture

No it's not.

And I really suggest you not debate me on the topic, not because I'm smarter than you, but because I'm on top of it.

There's an interesting confluence of events here, where real estate (and yes, agricultural land) has gotten smacked down (because a good chunk of it had been bid up on expectations of zoning changes and development pre-2008), and farmers' kids do not want to farm (and farmers are old).

The big boys are not regrouping for large scale purchases right now, because they're getting quite nice yields on what they have (in most cases, absent weather catastrophes).

People should take the headline clips of skyrocketing agricultural land in the U.S. and wipe their asses with them.

If you're a farmer, and your crop(s) are money makers, this is a great time to buy, as the bust in real estate along with the demographics are pushing a lot of land on the market at very attractive prices per acre.

Wed, 04/27/2011 - 16:39 | 1213495 MachoMan
MachoMan's picture

This is completely and totally the opposite of what I see here in rice/cotton country (Arkansas).  We're getting big time money (wallstreet, et al) coming in trying to buy everything...  all the big farmers are consolidating and purchasing more land...  we've had nominal price appreciation of at least 50% in the last 3-5 years...  these lands stay in families for decades and any chance to purchase adjacent property is always exercised.

Like all real estate, I strongly suspect demand is a local phenomenon...

Wed, 04/27/2011 - 18:38 | 1213944 GoinFawr
GoinFawr's picture

heh, so it's "LocationLocationLocation"?

Wed, 04/27/2011 - 20:48 | 1214365 RockyRacoon
RockyRacoon's picture

Arkansas ranks first among the six major rice-producing states, accounting for approximately 48 percent of the U.S. rice production.

We Arkies know rice.

http://www.arkansasricefarmers.org/arkansas-rice-facts/

Thu, 04/28/2011 - 09:45 | 1215581 MachoMan
MachoMan's picture

And we also know how to keep the ducks away from the leftovers ;)

 

Thu, 04/28/2011 - 16:52 | 1217730 RockyRacoon
RockyRacoon's picture

My Saiga 12 does the trick!

Fri, 04/29/2011 - 00:08 | 1219228 MachoMan
MachoMan's picture

You got a plug in that clip son?

Fri, 04/29/2011 - 08:16 | 1219769 RockyRacoon
RockyRacoon's picture

 

Plug?   Whassat?

Sat, 04/30/2011 - 02:41 | 1223396 Hephasteus
Hephasteus's picture

I don't know. Choke tube?

Wed, 04/27/2011 - 14:58 | 1212894 Vincent Vega
Vincent Vega's picture

I recently picked up a few rounds from a local pawn shop. They sold it to me at spot. It wasn't much but I'm happy because I added to the collection and didn't pay shipping. Just a suggestion for you.

Wed, 04/27/2011 - 14:57 | 1212899 tbd108
tbd108's picture

Only 3 months?

Wed, 04/27/2011 - 17:45 | 1213789 tiger7905
tiger7905's picture

From MaxKeiser.com on why silver may be becoming a rare and precious metal, it's being increasingly locked up in electronics. In 2003 12-13% of silver in electronics, now 45%!

http://maxkeiser.com/2011/04/27/in-2003-12-of-silver-production-went-to-...

Wed, 04/27/2011 - 13:50 | 1212457 DavidC
DavidC's picture

Not if you've provided the questions, know which ones are going to be answered, and how...

DavidC

Wed, 04/27/2011 - 13:55 | 1212491 bingaling
bingaling's picture

Reason Bloomberg states Fomc states QE til at least June Plus more of the same . Ben will explain why later .

Wed, 04/27/2011 - 14:15 | 1212442 etrader
etrader's picture

Seems Gartman likes watching those bears, with his the "Bernank" slip on CNBC.

Even Ms Lee picked up on it ....

Wed, 04/27/2011 - 14:30 | 1212711 SheepDog-One
SheepDog-One's picture

Pretty soon theyll all be saying 'The Bernank' and 'JP Morgue' all the time on CNBC....I know those little pumpmonkeys are always at Zerohedge.

Wed, 04/27/2011 - 14:44 | 1212810 gmrpeabody
gmrpeabody's picture

+++  LOL

Wed, 04/27/2011 - 15:14 | 1212993 NotApplicable
NotApplicable's picture

I bet Pisani won't. He'll swallow his tongue on live TV first.

Wed, 04/27/2011 - 16:59 | 1213598 JoeSexPack
JoeSexPack's picture

Larry Kudlow said 'the Bernank' a few weeks ago, I heard him.

He may be playing a public game to keep his job, but he seems too smart not to read the writing on the ZH wall.

Wed, 04/27/2011 - 18:41 | 1213951 NotApplicable
NotApplicable's picture

Luckily for him, the PalinRomneyTrump Extravaganza reality show is starting up.

Wed, 04/27/2011 - 20:55 | 1214399 RockyRacoon
RockyRacoon's picture

Kudlow is a mass of contradictions.  He's difficult to watch but he does have a good cross-section of guests on (excepting Don Luskin who is a pompous prick).   Kudzu wants no corporate taxes, drill for oil regardless of any consequences whatsoever, a gold standard, and hates The Bernanke.  Go figger.

Wed, 04/27/2011 - 13:52 | 1212445 RobD
RobD's picture

Yep DXY at 73.58, how low can it go today?

Wed, 04/27/2011 - 14:39 | 1212757 BobPaulson
BobPaulson's picture

Theoretically? I guess \lim_{x \rightarrow \infty}\frac{1}{x}=0

(that's nerdese for zero)

Wed, 04/27/2011 - 13:53 | 1212446 tallen
tallen's picture

Same old stuff. Options expiry yesterday and look at the 10% dip in silver prior to it. Then magically the market comes back and now gold is at the highest point ever.I don't need to tell you to BTFD.

Next Options expiration is 28 days away. They're writing silver contracts prior to opex (1-2 days before) to stop their derivatives bubble exploding. Especially JPM with its huge silver derivatives positions.

It will probably rally till then and then there'll be another huge 10% selloff.

Wash, rinse, repeat.

Wed, 04/27/2011 - 13:52 | 1212455 Creed
Creed's picture

wow...I figured the bernank just said something because silver went up about .90 cents

 

hahaha

Wed, 04/27/2011 - 13:53 | 1212458 scatterbrains
scatterbrains's picture

XRB looks like it wants to launch like a freakin rocket.

Wed, 04/27/2011 - 13:54 | 1212460 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Genocidal Ben. When will the pathetic docile U.S. peasantry say "no more!"?

Largest army in the world. Home owners right to bear arms. And yet, they are being robbed blind by a Jewish cabal with no resistance...

.... is this realty a sick joke or what?

Wed, 04/27/2011 - 14:06 | 1212549 SheepDog-One
SheepDog-One's picture

Pretty much a sick joke. But remember this is satans jewish kingdom.

Wed, 04/27/2011 - 16:41 | 1213515 Dejean Splicer
Dejean Splicer's picture

More fluoride pleaze?

Or maybe some other kind of chemical agent voluntarily consumed and never questioned that makes the populus exhibit cringing submissiveness.

Invisible and unexplainable.

Wed, 04/27/2011 - 13:51 | 1212462 traderjoe
traderjoe's picture

Everybody, remember: do not feed the trolls. And we all know who they are.

Wed, 04/27/2011 - 13:54 | 1212464 AG BCN
AG BCN's picture

He is going to miss Real Madrid v Barcelona.

I can't believe anyone would be that dumb.

Wed, 04/27/2011 - 18:05 | 1213847 falak pema
falak pema's picture

2-0 Barca, great goals by Messie.

Wed, 04/27/2011 - 13:54 | 1212466 tmosley
tmosley's picture

Silver is tearing upwards as well--$46.91 now.

Meanwhile, Dangertime is being hauled in by the IRS for tax evasion.

Wed, 04/27/2011 - 13:59 | 1212517 fuu
fuu's picture

$47.07 on my screen right now.

Wed, 04/27/2011 - 14:55 | 1212890 long juan silver
long juan silver's picture

Shhhh. tmose is still buying. See he missed silver's whole run being in gold as he is.

Wed, 04/27/2011 - 15:04 | 1212916 tmosley
tmosley's picture

You're pretty strung out.  Everyone who reads anything I have written knows that I have been 95% in silver for ages.

But then, it must be hard to read with all that ape jizz in your eyes.

Wed, 04/27/2011 - 16:30 | 1213438 MsCreant
MsCreant's picture

Fuu has better taste than that.

Wed, 04/27/2011 - 14:04 | 1212540 Temporis
Temporis's picture

They are going to have a rough time tracking him down in his mobile home...err I mean Porsche...

Wed, 04/27/2011 - 14:32 | 1212703 Dangertime
Dangertime's picture

Still haven't found which countries do not tax capital gains huh?

Wed, 04/27/2011 - 14:39 | 1212776 tmosley
tmosley's picture

lol, now you want me to tell you which country your cover story has you living in?

Must be tough having to wear a diaper, with the floppy, torn anus of yours.

Wed, 04/27/2011 - 15:39 | 1213147 Richard Head
Richard Head's picture

No one cares about your fictional trades.

Wed, 04/27/2011 - 15:45 | 1213180 eisley79
eisley79's picture

dangertime BITCHEZ

 

------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:23

Silver peaked, Bitchez.
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:35
You'll have a dip buying opportunity for the next six weeks as this pig gets roasted.

Where are Aka and Tmosely?  The idiots who kept pumping this thing and said I was stupid for(pretending to be) buying puts?
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:35

Forgiven, the peak is in for this run.  We will see $50 again but not likely for another year.  You still have time to sell and restock with even more this summer.
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:51

In six weeks your post will look like such a noob call.
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:32

Where are Aka and Tmosely?
Oh the pain they must be feeling.  My (imaginary)puts are mightily green today!  Woot!  Wait til this pig breaks below $40.....
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:39

If Asia buys this dip they are morons.....and it will not prop up this pig.
Silver to low $30's over the next six weeks.  The real pain is still yet to come!
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:44
#1203445

Not even close bud.  I've been(pretending to be) scaling in and got some more(imaginaries) on the gap up this morning.  Now it's nothing but a green ride to the 30's.

But of course, now you will not believe me even tho I've said(SAID) I've been doubling down every day for the last five business days.
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 13:52

...
The sad thing is that you do not even know that the tide has turned against you.
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 13:53

No way am I covering yet.....

Got some more (imagi-)puts at the open, 33, 37's and 40's for October.

It will still be a green ride to the 30's.  This is just the first green....
------------------------------------
by Dangertime
on Mon, 04/25/2011 - 10:54

I would love to stay and play with you bagholders, but I have a date with a(nother imaginary)Porsche.

Remember, the low won't be hit for six weeks, so it's still not too late to get out.

 

See you in a few hours.
------------------------------------

Wed, 04/27/2011 - 16:01 | 1213272 Hugh G Rection
Hugh G Rection's picture

+48.25

 

DT= DoucheTroll

 

"date with a porsche" HAHAHAHAHA.

 

monumental Delta Tango

Wed, 04/27/2011 - 16:19 | 1213388 Bastiat
Bastiat's picture

Nice work, eisely !! 

Wed, 04/27/2011 - 16:24 | 1213407 akak
akak's picture

I am almost going to miss Dangerclown after he inevitably slinks away in trollshame, like all the other PM-bashing shills for the financial establishment before him.  Almost.

Wed, 04/27/2011 - 22:16 | 1214601 TruthInSunshine
TruthInSunshine's picture

Your "only $5 to dig out of the ground" epic rants put MethMan in a fetal position weep.

Wed, 04/27/2011 - 16:39 | 1213485 Bicycle Repairman
Bicycle Repairman's picture

Bend over, Dangerbitch.

Wed, 04/27/2011 - 16:43 | 1213525 akak
akak's picture

You don't have to even ask Dangerclown that much.

It's automatic with him.

Wed, 04/27/2011 - 13:55 | 1212468 Silverhog
Silverhog's picture

A little Gold up the behind for Ben's afternoon bum blast.

Wed, 04/27/2011 - 14:07 | 1212502 TruthInSunshine
TruthInSunshine's picture

Don't sully real money like that!

Use FRNs to wipe your ass, instead. They're far cheaper. Thanks to The Federal Reserve Paper Pulp & Linen Company.

Wed, 04/27/2011 - 14:18 | 1212608 Long-John-Silver
Wed, 04/27/2011 - 13:52 | 1212470 Double down
Double down's picture

Was there a yesterday?

Wed, 04/27/2011 - 13:53 | 1212475 The Axe
The Axe's picture

Love watching Silver...crazy move up..holy batshit....well I have a 1525 stop on gold...ouch....still seems like a bulltrap....costly though.....

Wed, 04/27/2011 - 13:57 | 1212484 DavidC
DavidC's picture

Just been looking at the daily Dow - up over 1,000 points since the 16th of March (Fukushima, I guess that's gone away now) and about 550 points since 18th of April (S&P's 'negative' stance on the USA).

Or 100 points and 55 points on the S&P.

DavidC

Wed, 04/27/2011 - 13:57 | 1212487 geminiRX
geminiRX's picture

I waited too long to buy a gold option.....I was expecting more weakness into today. Guess I will have to wait for another top calling troll day.

Wed, 04/27/2011 - 13:57 | 1212492 Bastiat
Bastiat's picture

Silver $47 plus: Blythe is looking at her Turd Ferguson pic and rubbing her knees together.

Wed, 04/27/2011 - 14:13 | 1212579 nevadan
nevadan's picture

It's the hat.  Women just love a man in a cowboy hat. :)

Wed, 04/27/2011 - 15:33 | 1213127 Tail Dogging The Wag
Tail Dogging The Wag's picture

$47/oz silver should be our floor now. Hopefully we've gotten rid of all the weak hands at the table.

Wed, 04/27/2011 - 16:21 | 1213365 ZapBranigan
ZapBranigan's picture

 

Exactly...a brief shaking of the tree over the last couple days most likely dislodged 60% of the weaker hands.  We'll need to repeat this exercise again next month to get rid of the other 40%.

Hopefully, within six months, we'll have a full-on decoupling and won't have to deal with SLV's bullshit anymore.

 

Wed, 04/27/2011 - 13:58 | 1212498 falak pema
falak pema's picture

The question that must be titillating the PM bugs is : how will the Ag to Au ratio vary all through the coming period. And what effect will the QE or not QE enigma have on this ratio and its evolution relative to other assets. Oh, if only I were Nostradamus...I could have any woman in my bed! Well, we all have our sense of priorities even when we are happy, the glass half filled or half empty...what a horrible human quandary!

Wed, 04/27/2011 - 13:59 | 1212501 Johnny Lawrence
Johnny Lawrence's picture

When silver showed support at the 9-day, I bought more.  RoboTrader should be proud of me because that's straight from the IBD handbook.  Where are you, Robo?

Wed, 04/27/2011 - 14:01 | 1212507 Bastiat
Bastiat's picture

It becomes more clear every day: these guys are desperate, trapped and out of ideas.  Everyone holds their breath for the Fed?  The Fed's got NOTHING but the printing press.  The only thing getting tight over there is their sphincters.

Wed, 04/27/2011 - 14:13 | 1212580 SheepDog-One
SheepDog-One's picture

Exactly, the FED's got nothin. However China has $2 trillion, (really meaning their entire $3 trillion) of UST debt stuffed in a cannon and about to fire it off.

Wed, 04/27/2011 - 14:19 | 1212624 Josh Randall
Josh Randall's picture

What about the Fed making the banks buy back the Bonds, with fiat printed by and funnelled from The Bernank, and thus the Banks being viewed as wrapping themselves in the flag and being All American good rapists ? 

I wonder whom the market will be once the Chinese start selling is my rhetorical question  

Wed, 04/27/2011 - 15:35 | 1213076 NotApplicable
NotApplicable's picture

From what I've read, China has adjusted their maturities so far to the short end, they won't have to sell (2-3 yr. avg., I believe). All they have to do is stop rolling the proceeds. Which, since the US Treasury has also moved to the short end (ZIRP FTW!), it sets up some interesting financial gymnastics later over the next year or so.

Turbo Timmah and Benron are going to be busy boys. Well, at least until the IMF "bails" them out.

Wed, 04/27/2011 - 14:01 | 1212508 Piranhanoia
Piranhanoia's picture

the minutes prior to the "live porno" are going to allow all the insider action to show itself.  Metals are ramping now

Wed, 04/27/2011 - 13:59 | 1212511 Hedgetard55
Hedgetard55's picture

Snagged some ABX today at $50.28 but punked out on SLW, which popped so fast my head was spinning.

Wed, 04/27/2011 - 15:09 | 1212964 trav7777
trav7777's picture

fuck me, and I was just checking call options on SLW yesterday...didn't pull the trigger

Wed, 04/27/2011 - 13:59 | 1212514 nontaxpayer
nontaxpayer's picture

I was about to shout gold is now leading silver, then I saw the big figure in silver...you can't keep these babies down...now junk me you imbeciles!!!

Wed, 04/27/2011 - 13:59 | 1212516 drink or die
drink or die's picture

We need to form a commission to investigate why gold prices are so high.  I think it's speculators personally.

Wed, 04/27/2011 - 14:06 | 1212539 augie
augie's picture

naa its most likely those nuts who were against the health-care bill.

Wed, 04/27/2011 - 14:55 | 1212879 gmrpeabody
gmrpeabody's picture

Either or...., they are both like AL-KITA!

Wed, 04/27/2011 - 14:00 | 1212518 gunsmoke011
gunsmoke011's picture

Simply more confirmation of a strong dollar policy

Wed, 04/27/2011 - 14:02 | 1212520 Mongo
Mongo's picture

Yes We Con!

Wed, 04/27/2011 - 14:01 | 1212528 nontaxpayer
nontaxpayer's picture

Even when silver was taking a bit of a hit, gold was holding above 1500...what a beaut!

Wed, 04/27/2011 - 14:01 | 1212529 koeleköpke
koeleköpke's picture

thanks Ben

Wed, 04/27/2011 - 14:02 | 1212532 fuu
fuu's picture

Now where did DangerMathTimeMan go?

Wed, 04/27/2011 - 14:09 | 1212556 Temporis
Temporis's picture

No doubt cowering in some dark little corner...

 

Wed, 04/27/2011 - 14:10 | 1212558 SheepDog-One
SheepDog-One's picture

Football team probably stuffed him in a locker beside Robo.

Wed, 04/27/2011 - 14:32 | 1212723 Dangertime
Dangertime's picture

I'm right here.  Wondering why if the dollar makes a 3 year low, gold and the S&P are making new highs, yet silver isn't.

Wed, 04/27/2011 - 15:00 | 1212885 Temporis
Temporis's picture

$47.25 up $1.65 BITCH!!

 

Sucks to be wrong huh?

Wed, 04/27/2011 - 15:04 | 1212930 tmosley
tmosley's picture

Wut wuoh.  Silver's $47.59.  Looks like you lose, and tmosley wins.

Just like I told you.

Now you are stuck paying US and New York taxes on all that silver you sold.  You'll never be able to get back the same number of oz again.

lol

Wed, 04/27/2011 - 16:26 | 1213432 topcallingtroll
topcallingtroll's picture

Hey i called both the top and bottom this time. Check out my morning comments. If i had gone to the shitter i would have missed it. I am just about confident enough to start playing options again.

Wed, 04/27/2011 - 15:08 | 1212958 Temporis
Temporis's picture

Your my hero Dangertime. Teach me how to trade please... PLEASE!!!

 

"Silver to low $30's over the next six weeks. The real pain is still yet to come!"

- by Dangertime - Mon, 04/25/2011 - 10:39 #1203408

Wed, 04/27/2011 - 15:10 | 1212968 tmosley
tmosley's picture

lol, nice quote.

Wed, 04/27/2011 - 15:30 | 1213075 Temporis
Temporis's picture

I printed his quote out and put it in a picture frame to hang on my wall so I can cherish it forever.

Dangertime is up there with the greats like Nostradamus and that Heaven's Gate cult who predicted the world would end when the Hale Bopp Comet passed by our planet.

Wed, 04/27/2011 - 15:44 | 1213194 CrockettAlmanac.com
CrockettAlmanac.com's picture

The Heaven's Gaters were each found with a roll of quarters in their pockets. Probably not 90 percenters, though.

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