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Split neutrons? I kill neurons in my spare time!
I shit quark plasma !
I compress real particles out of the virtual quantum soup!
and no one can stop us now cause we're PARTICLES bitchez.
Well...it looks like the EE has seen enough for today. They've made their first capping efforts up near the high of the day. $1340 appears to be the latest "Maginot Line" for them. Expect it to work, for a few days anyway. Wouldn't surprise me if we've seen the highs for the week. Stay nimble!
Yeah, but have you seen the move in Silver? Up over $1 today, closing in on 5%.
Oh, and Gold just - finally - broke and is sitting @ $1,341.35 atm. Let's see if it lasts.
Yep, the EE is trying but gold sure looks like it wants to take a run up at 1350. Maybe happen overnight? Still, if it does, you can bet your ass a bunch of fresh, new paper shorts will come out to attempt to bang it back down tomorrow am NY time.
The employment report has all the trappings of a fuck job at this point. Just like last December. Everybody got sucked in to gold and out of the $ and, lo and behold, the Dec employment number came in a little better than expected. The $ began a huge rally and gold went into the shitcan. May not happen Friday but I can't get that old feeling out of my head.
Nuf said. bitch
i like "beach" myself.
Never mind gold, check out the affordable cousin...
I thought you meant silver, you got palladium! It's rocking right now!
"Who let the bugs out?--Who let the bugs out?"
uncle AL, let the dogs out.
Make sure you trade to gold when the time looks right. It's pretty, but it ain't money.
Basicaliest: stocks ramp, gold ramps more.
For further explanation, a picture is worth a thousand words:
When will gold top? About when the SP500/gold ratio hits the red line. It may dip below that though.
Thanks for the chart - nice one
boy, gold up almost 23. dollars. isn't that a pretty big per¢age?
taking out a Fed Chairman. Gives you a woody, doesn't it.
Can you re-post that on a log scale? Looks like going down to the red line suggests ~ a tripling in price (holding SPX constant).
I think I sprained an eyeball.
This is such a laugh. Gold is on a torrid pace today so they have to continue to ramp equities up ever higher.
GS, not so much. For a good time, ask why GS has been far less volatile than the herd.
Maybe Lloyd figured he didn't want to make it look too obvious. Then again, when did that ever matter?
Is there any chance we could get a historical chart of this since the S&P peak in 2007 to present?
Does anyone know where a layman can create charts like this?
How broken are the AUD/JPY and 30's10's2's correlations?
Exibiting signs of bustification.
basically, basicalier, basicaliest......hey look at you conjugating insanity!!
The price of Gold wil be $1337 soon!!!11
I wonder if the elite masters get the joke.
And yes, they get the joke because the joke's on us, the so called middle class worker bees. Don't believe for a second that the elites are not buying Gold. They are and as much as they can in physical form. This will eventually become obvious.
And everyone I know will not be thankful I told them so, over and over and over and over again.
With a buddy in a typical, large sports bar section of a family restaurant yesterday. Manager enjoying food a few seats away explains, in what seems to be a routine for him, that his bartendress graduated last year in econ.
My "glee" sets in.
She comes to drop off the updated tab (happy hour) and I refrained from asking why daddy's little girl graduated from a glorious state school with such a fancy degree yet is (un)employed serving alcohol. Instead I gave her the false choice ambush: "So, is Greenspan a traitor or simply an old baffoon?"
Yep. Daddy's girl. She doesn't give a shit about econ and doesn't know what I'm talking about. A nation of slaves.
Ignorance is bliss.
And intelligent and well educated ignorance is even more blissful.
You may not be able to eat gold but you will always be able to eat if you sell it.
With paper you may eat today but you will may not be able to eat someday soon.
I just dont know how the Fed is able to get away with this magnitude of money printing, its a wonder really. Let alone contemplating the next round of QE.
thanks a lot Tyler, that's another notebook destroyed by 'misting with coffee'. Luckily, thanks to 'deflation', they are a dime a dozen these days; the espresso on the other hand...oh well, at least ZH is doing its part to keep us consuming and the economy, uh, recovering.
Tyler has me running to my dictionary at least once a day, but I didn't even reach for it this time. Too funny.
I reserve the right to use it in future articles. Of course, with proper attribution to Tyler.
oops, my computer is on delay.
have you been bounced around yet?
I don't understand some of your replies. I understand water wings is har ass ing me. what are you doing?
Can anyone suggest a good ratio of ES to GC to trade this?
Gold and equities are the same trade.
Both are "Risk Assets".
Gold bugs should be rooting for Dow 14,000.
And stock bulls should be rooting for $1,500 gold.
All these gold bugs cheerleading for a crash in the economic system are fools.
I would have to agree. IF Gold is going to be a 1:1 ratio
I'll take Dow 36,000
The difference, Robo, is that people aren't buying gold for risk or speculation. They are buying gold because they are scared and want to avoid risk. I am highly skeptical that a collapse in the market will do much other than make a slight dent in gold value.
you misunderstand Robo. he said the gold bugs should WISH for Dow 14,000. And of course he is correct.
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