Today's Economic Data Docket - Savings Rate, PCE, Pending Home Sales, Dallas Fed, And Many Fed Speeches

Tyler Durden's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Dan The Man's picture

7.5 billion in debt has now become an footnote...eeesh.

Careless Whisper's picture

From Goldman Sachs and Zero Hedge

that's what i call teamwork.

maybe the two of you can get together and provide us with a daily witness list for the rajaratnam insider trading case.

unwashedmass's picture

 

and how could we forget that today is options expiration day at the Comex.....so that we will once again witness the sad spectacle of our "regulators" sit with their thumbs up their butts as JPM sells truckloads of paper into the market to crater gold and silver.....

knowing all the while that there is no way in hell that they have the metal or now, even a fraction of it, to cover these contracts.

what a complete and utter joke our markets have become.

excuse me, JPM, but...I'm going to decline to sell my metals to you today.  I'm going to wait for a real market to spring up ...one that is attached to the realities of supply and demand for the actual metals.......

you know, like we used to have in the US. back in the day.

Sudden Debt's picture

JPM is creating the wealth effect. By suppressing the silver price, more and more people get the chance to load up.

Bummer that it's getting pretty hard to find stores with a large inventory.

 

unwashedmass's picture

my local guy is sold out of both gold and silver, except for those "collectible" coins, you know, the weird painted things........

never, ever seen anything like this.......nothing available. i was planning a big trip to coin shop today and .....now, the shelves are bare....so as far as suppressing the price, it is now -- if empty shelves are the result of gold 1425 and silver 37, ......

we have a "market" that has moved into the twilight zone.

I don't know why we don't mount a massive petition campaign to shut down the CTFC and indict the entire gang of THEM, because at this point we have regulator who is essentially openly colluding in the market manipulation and fraud.

 

 

jkruffin's picture

Santelli just ripped the idiots on CNBC..

Where did they dig the idiot up that says dollar rally means higher stocks?

Santelli said you can't have it both ways moron.

This whole market is a joke, just like Santelli said.

unwashedmass's picture

actually, yes you can have it both ways as the Fed just pops out another couple billion to jack the market higher.

at some point, god knows when, Bennie Boy is going to figure out that the market is not the economy.....

probably gonna take the villagers arriving at the gates with pitchforks in hand.......

let's face it, they own the media.....

 

 

Dan The Man's picture

actually, yes you can have it both ways

 

Both ways, only if the valuations are just in US Dollars.  It won't rise relative to gold or the loonie, or the yuan, or the ruble....it will only go down in the long term.