• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

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...



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Mon, 10/15/2012 - 10:04 | 2890265 Mr. Fix
Mr. Fix's picture


Mon, 10/15/2012 - 10:08 | 2890276 GetZeeGold
GetZeeGold's picture



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


Mon, 10/15/2012 - 10:16 | 2890312 Stackers
Stackers's picture

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

Mon, 10/15/2012 - 10:31 | 2890357 aka Gil
aka Gil's picture

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

Mon, 10/15/2012 - 10:40 | 2890396 malikai
malikai's picture

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


Mon, 10/15/2012 - 11:24 | 2890552 Badabing
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!

Mon, 10/15/2012 - 14:23 | 2891466 Boris Alatovkrap
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!

Mon, 10/15/2012 - 14:24 | 2891467 Boris Alatovkrap
Boris Alatovkrap's picture

BTFD, so Boris is wait.

Mon, 10/15/2012 - 14:56 | 2891570 Silver Bully
Silver Bully's picture

'BTFD, so Boris is wait.

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

Mon, 10/15/2012 - 11:28 | 2890558 otto skorzeny
otto skorzeny's picture

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

Mon, 10/15/2012 - 12:29 | 2890790 LongBalls
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.

Mon, 10/15/2012 - 10:09 | 2890284 CPL
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.

Mon, 10/15/2012 - 11:14 | 2890526 dbomb12
dbomb12's picture

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

Joe Biden

Mon, 10/15/2012 - 10:05 | 2890266 realtick
realtick's picture

Don't tell Turd & the Turdites...

Mon, 10/15/2012 - 10:08 | 2890280 Mr. Fix
Mr. Fix's picture

Too late,

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

Mon, 10/15/2012 - 10:11 | 2890297 Bay of Pigs
Bay of Pigs's picture

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


Mon, 10/15/2012 - 10:17 | 2890313 jmcadg
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.

Mon, 10/15/2012 - 10:19 | 2890320 Abraxas
Abraxas's picture

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

Mon, 10/15/2012 - 11:08 | 2890506 The Shootist
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.

Mon, 10/15/2012 - 11:43 | 2890600 FEDbuster
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

Mon, 10/15/2012 - 10:22 | 2890326 Bay of Pigs
Bay of Pigs's picture

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


Mon, 10/15/2012 - 10:30 | 2890356 Haole
Haole's picture

Cult mentality, your comment was completely valid.

Mon, 10/15/2012 - 10:31 | 2890362 jmcadg
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.

Mon, 10/15/2012 - 10:34 | 2890375 zilverreiger
zilverreiger's picture

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

Mon, 10/15/2012 - 10:40 | 2890400 Bay of Pigs
Bay of Pigs's picture


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

Mon, 10/15/2012 - 10:44 | 2890413 aka Gil
aka Gil's picture

She was canned? Seriously?

Mon, 10/15/2012 - 11:39 | 2890588 gmrpeabody
gmrpeabody's picture


Mon, 10/15/2012 - 10:51 | 2890428 jmcadg
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!?!?

Mon, 10/15/2012 - 10:40 | 2890402 aka Gil
aka Gil's picture

BoP, you're a stand-up guy...no matter what Stephanie says about you.

Mon, 10/15/2012 - 10:22 | 2890323 fuu
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.

Mon, 10/15/2012 - 11:43 | 2890596 oddjob
oddjob's picture

Flogging chinese made generators makes him a guru?...no way.


Mon, 10/15/2012 - 11:56 | 2890660 fuu
fuu's picture

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

Mon, 10/15/2012 - 10:27 | 2890342 Cortez the Killer
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.

Mon, 10/15/2012 - 10:32 | 2890366 zilverreiger
zilverreiger's picture

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

Mon, 10/15/2012 - 10:50 | 2890441 Urban Roman
Urban Roman's picture

3 goats is a herd?

Mon, 10/15/2012 - 11:11 | 2890514 Hulk
Hulk's picture

Have you ever herd 3 goats ???

Mon, 10/15/2012 - 11:53 | 2890648 Urban Roman
Urban Roman's picture

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

Mon, 10/15/2012 - 10:07 | 2890272 fonzannoon
fonzannoon's picture

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

Mon, 10/15/2012 - 10:47 | 2890422 Urban Roman
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?

Mon, 10/15/2012 - 10:07 | 2890274 LawsofPhysics
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.


Mon, 10/15/2012 - 10:23 | 2890331 zorba THE GREEK
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.

Mon, 10/15/2012 - 11:46 | 2890615 FEDbuster
FEDbuster's picture

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

Mon, 10/15/2012 - 10:43 | 2890407 DaveyJones
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

Mon, 10/15/2012 - 10:07 | 2890275 tmosley
tmosley's picture

I'm going to buy some today, myself.

Mon, 10/15/2012 - 10:08 | 2890281 JPM Hater001
JPM Hater001's picture

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

Mon, 10/15/2012 - 10:07 | 2890277 new game
new game's picture

stategic shift

slv>lead and compliment device...

Mon, 10/15/2012 - 10:08 | 2890279 adr
adr's picture

STFS!!!! BTFD!!!!

on the nanosecond level if you can

Mon, 10/15/2012 - 10:09 | 2890285 eigenvalue
eigenvalue's picture

Gold might break $1200 and silver $15.

Mon, 10/15/2012 - 10:10 | 2890291 GetZeeGold
GetZeeGold's picture



Yeah......on Mars.


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



Mon, 10/15/2012 - 10:48 | 2890317 Kaiser Sousa
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......


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