Gold And Silver Lose Bernanke Bump

Tyler Durden's picture

WTI crude started moving first but soon afte the US day session opened we saw EUR weakness, US strength and precious metals started to fade rapidly. Gold and Silver have now retraced the post-FOMC Bernanke-Bump, but remain above the Draghi-Day levels...



Chart: Bloomberg

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GetZeeGold's picture



Sew it into your clothing.....amaze your friends.


Stackers's picture

It only took 2 cartel interventions on the same day to do it too.

aka Gil's picture

Trader Dan saw this coming. Those pesky interventionists, they're all going to hell.

malikai's picture

I'm waiting for diverg to blow out. Until then I'm assuming it's going anywhere.

Badabing's picture

Gold got hammered down $2 before the Asian market opened yesterday @5:15 pm to 6:00 pm

How does that happen?



Fucking banks!

Boris Alatovkrap's picture

Boris is cannot pay high price for Gold... or Silver... but in Minsk is AK-47 ammo cheap for rubles. But is go up yesterday. Who is happen this!? FIJCKING Politburo!

Silver Bully's picture

'BTFD, so Boris is wait.

In Soviet Russia, gold buy YOU. Then send you to Siberia to find more.

otto skorzeny's picture

sewing it into your clothing worked out quite well for the Romanov women.

LongBalls's picture

Both gold and silver were floating to high above their 50 and 200 dma. The paper price is down. Who cares. BTFD. None of this means anything to those who understand the BASEL III agreements. Keep stacking people. YOU WILL BE REWARDED. Dig into Basel III if you need to strenghen conviction.

CPL's picture

Is it stil over my $8.67 buck average price?  Yup, 300% higher.  


...couldn't give a shit as long as they own a printing machine.  This is where the power of cost averaging over time counts.

dbomb12's picture

One word "GOLD AND SILVER MANIPULATION" Oh wait thats 3 words thanks.

Joe Biden

realtick's picture

Don't tell Turd & the Turdites...

Mr. Fix's picture

Too late,

We already know.........

Bay of Pigs's picture

TF's recent calls are being monkeyhammered. He said 1770 would hold this time.


jmcadg's picture

Are there any other sites you want to try and ring TF out to dry on. It's one call dude among many right ones.

Abraxas's picture

Good boy! Now, sit! Good boy! Here's a treat.

The Shootist's picture

Everyone knows TA doesn't matter with the stupendous amount of market maniupulation. It's just zeros and ones on a screen. Just stack physical and run 'em dry.

FEDbuster's picture

Yep, now on a steady diet of $200. worth of "junk" pre-64 silver coins every Saturday.  Sometimes I get a few more quarters, sometimes I get a few less.  Once a month ammo and storage food buy of about $200.  Best IRA I can imagine (I already have most of the other preps I need).

"If you can't stand in front of it and defend it with an AR-15, you don't own it."  Ann Barnhardt 2012

Bay of Pigs's picture

What? I did no such thing. I read his blog and saw his call. 


Haole's picture

Cult mentality, your comment was completely valid.

jmcadg's picture

So you're in no way intimating that Turd is , well, full of shit? 

You're just stating a wrong call, on more than one website?

Fair enough, I hear your call.

zilverreiger's picture

Is this you Klinky? liberal infiltrator go back to darkpurple haze and toke his waterpipe

Bay of Pigs's picture


No, never had a beef with Turd, just with Mod Jane before she was canned.

aka Gil's picture

She was canned? Seriously?

jmcadg's picture

Bay, if I misread your comment, apologies on my part. I dip in to TF every now and then, and think he speaks sense. He may not get the call right everytime, but I'm no disciple (of anyone), and I believe Mod Jane was/is the website moderator/developer that got arsy because she couldn't hack people suggesting she was charging over the odds for her work? Fuck knows who Klinky is?

I think we're on the same side!?!?

aka Gil's picture

BoP, you're a stand-up matter what Stephanie says about you.

fuu's picture

Who makes a call like, "$1770 will hold this time" after a $220 run in 8 weeks?


I liked Turd when he was posting here. When he decided to be a big guru I stopped paying attention.

oddjob's picture

Flogging chinese made generators makes him a guru? way.

fuu's picture

"It slices a tomato so thin it only has one side!"

Cortez the Killer's picture

Yes, Katie Rose is now so upside down from following TF's "advice" that she had to butcher her whole herd of goats.

zilverreiger's picture

Praise Jesus, god has a plan for Turd this is just a test

Hulk's picture

Have you ever herd 3 goats ???

Urban Roman's picture

No, but I think I'm going to go back and junk myself, just to be sure.

fonzannoon's picture

Yeah this is awesome. I was not sure I would get another opportunity after the announced QE.

Urban Roman's picture

Let's see, according to Wikipedia, Bernanke took office on Feb 1, 2006.

Eyeballing the Kitco historical charts for that date:

  • Gold:$567.00
  • Silver: $9.77

What was this article about, again?

LawsofPhysics's picture

Funny, my  "ounces" are still the same.  The world is about to re-learn the difference between all things paper and all things physical again.


zorba THE GREEK's picture

Just to make sure, I weighed all my ounces, they haven't gone down at all.

@ $1720, the big boys will come in and buy. China loves an opportunity to

trade their U.S. fiat crap dollars for real money, especially when it goes on sale.

FEDbuster's picture

Kinda like when the Bank of England sold much of their gold reserves around 1999-2001?  Average price around $300./oz.

DaveyJones's picture

The world is a slow learner - I mean the primates

"Global Finance Chiefs at odds" - WSJ

Funny, I thought they were at wits end

anywhere but jail

tmosley's picture

I'm going to buy some today, myself.

JPM Hater001's picture

I've hurried on to bullets.  You are behind the curve get going.

new game's picture

stategic shift

slv>lead and compliment device...

adr's picture

STFS!!!! BTFD!!!!

on the nanosecond level if you can

eigenvalue's picture

Gold might break $1200 and silver $15.

GetZeeGold's picture



Yeah......on Mars.


.....and someday fairy pixie dust will be free.



Kaiser Sousa's picture

an ounce of Silver back down to $15 aye????

and which would still have more purchasing power....

a green piece of toilet paper  with Geroge Washington, Lincoln, or whoever the fuck is on the $10 debt coupon Fed Note or a 1964 Kennedy half dollar piece???????

wake up and go to sleep man......