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It is noon, and everything (equities, VIX, USTs) follows the dollar's decline tick for tick.
The root of news is new.
This is not new, nor new news.
Isn't it nice that there really is order in the universe.
Gee ... too bad the dictators aren't benevolent.
Hey Tyler, add gold to that chart, very revealing.
What is more revealing is the sudden $10+ spike in gold at 4am this morning while the USD was still green. The dollar dump didn't happen until the usual later NY alarm clock time (pretty sure their snooze button is a program to initiate a sell of USD and purchase of Spoos). When today's USD dump happened, it matched the ferocity of the gold pop. Someone was frontrunning with gold, finally.
I can predict the movement of the S&P just by watching COMEX gold.
So what's the DSI telling us? 90+% bearish on dollars? Think it's smart to short at this stage? I'm long UUP for now with hedge in AUD$ and silver bullion I've held onto for 2 years now but don't take my advise. My investments have taken a shit since I started obsessing over this a year ago. I have progressed from lucky gambler to dumb money. I like to think of myself as just ahead of my time.
When I was a younger man my parents took me to the Radio City Music Hall to watch the Rockettes perform the Christmas Spectacular.
Watching that long line of beautiful women dancing in unison was a sight to behold, particularly for a prepubescent young man such as myself. Ah the memories.
The market's coordinated dance the past few months puts those Rockettes to shame and raises many questions in my mind. If this artificial bottle rocket stalls, am I the only one who sees the possibility of a crash and burn of epic proportions?
nope. I think that's pretty much the consensus around here. Merry-go-round, musical chairs and bag holder pretty much sums it up for me.
My question is why the hell do I need to put a comma before a conjuctive?
ex : Merry-go-round, musical chairs, and
I mean wtf?
The market can't crash, banks have literally trillions of taxpayer money at their disposal thanks to fractional reserve lending. They also can borrow money at 0% interest. This money is being invested by supercomputers which control the markets direction.
Right now, the game is completely stacked. Whatever you do, don't go short before interest rates go up or you're gonna catch it hot.
They have turned the markets into a total FARCE. Our economy is doomed so long as these evil manipulating assholes have control. Confidence....a FARCE deserve ZERO confidence. Damn you Timmay, Bernanke, and dirtbag committee of Banksters orchestrating this. You're the scum of the earth.
What ever happened to Europe experiencing a more pronounced economic downturn than the U.S.? Also, given the huge deficits, mounting debt and political shifts in the U.K., WTF is happening to Sterling?!
Is the U.S. really facing the economic/financial apocalypse?
They've established a pre-crash scenario. It only follows that their intent is to crash it someday. The disconnect between reality and the markets now is perhaps the hugest ever. And the blatantly artificial price action, as it can not go on forever, can only result in vapor lock, ultimately. I pray every night that the men responsible for this crime land in Hell.
Hell just called. They said they don't want them either.
As the dollar weakens and equities rise, US markets will look more and more like the investment opportunity of a lifetime to that foreign capital! So you keep pushing markets up while the money rolls in and then -- with just a nod to GS and a handful of others -- you pull the liquidity plug. The markets crash, the dollar rises like a phoenix and poof, the world is your bagholder.
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