The Chart That Keeps Ben Bernanke Up At Night

Tyler Durden's picture

What changed in the last 30 days? Did the world just wake up to the idea that the only way out of this quagmire is a twisted currency war that appears to have re-ignited thanks to Abe's efforts? Something appears to have snapped in the American psyche as the last 30 days have seen the largest physical gold sales on record. Between the search volume for 'bulk ammo' and this, we fear something is afoot and while Congress fiddles as our economy burns, Bernanke going 'back to work' is perhaps what the physical 'horders' are thinking... or maybe they understand, as we noted here, that just as Kyle Bass has confirmed previously, Paper Gold is just like allocated, unambiguously owned physical bullion... until it’s not.


(Source: US Mint)

(h/t Alex Gloy of Lighthouse Investment Management)

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DCon's picture

I thought the collection of naked Blankfein pictures were what kept Ben awake


Wakanda's picture

Nekkid Lloyd covered in oil and encrusted with gold dust.  -  Nightmare on Liberty Street

strannick's picture

When Kyle Bass was taking possesion of the University of Texas' gold from COMEX, he apparently asked the guy if many people were taking possesion. The guy said no, never more than 1%. Bass then asked what would happen if say 4% took possesion, and the guy said, ''price will take care of it''. Bass said thanks and took the gold.

Shocker's picture

Its all about knowing what is going on in the world today.

There is so much uncertainy going around at this moment, Hard assets, anything to protect ones wealth is the key.


AssFire's picture

Let's give a shout out to another precious metal that is soaring in bullet form:


We will need lots cause the fed agencies also just stocked up. They are the cocksuckers who will come for your gold.

Spray paint the lead gold and when they demand it;

give it to them.

Honestly, aren't they merely uniformed thieves at that point?

SafelyGraze's picture

"the last 30 days have seen the largest physical gold sales on record"


channel stuffing. 

authorized purchasers are loaded up to the gills with it. 

nobody's buying. 

Rubbish's picture

I'll take unleaded over gold anyday. Ask yourself, how many gold coins would I give for 20 gallons of gas when there was none? 50-100 baggers will be normal for gas scalping.


I always have 150 gallons on hand

dlmaniac's picture

Time to mint tungsten gold / lead silver coins?

Richard Chesler's picture

Nice try but the only thing that keeps thebernak up at night is how to keep his criminal bankster bosses out of jail.


Harbanger's picture

Check your local laws.  Most people don't know it's illegal to store that much gasoline without a special permit.  NYC for example has a 2.5 gallon limit.

TeMpTeK's picture

U also need a permit in NY to own a dog but who the hell wants a politician on a leash? 

bigkahuna's picture





this story was linked on Drudge





tickhound's picture



MEMO to Drudgies:


Your de-tox starts today.


TruthInSunshine's picture

Ben Bernaxbux sleeps like a baby, bitchez.

He'll be giving speeches at 75k a pop and making media rounds on cnBSc and Bloomturd historically revising his record as an ex-Fed Reserve Chairstain by January of 2014.

Bernanke's Anti-Brilliance On Full, Irrefutable Display (Noone Could've Seen It)
proLiberty's picture

Only a fool is going to reside in any such jurisdiction.  Just like the fools who were so quick to vote for bigger government and are now whining that big government can't take care of them.    

Had a friend showing me his AR pistol.  Another friend, from one of the eastern fascist states asked if such a weapon had to be registerd.  My reply- what is "registered"?  We don't do that here.



SmallerGovNow2's picture

fuck that local law bull shit....

OutLookingIn's picture

A promise is a promise.

Until its not.

If you don't hold it in your own hands then -


Rubbish's picture

NYC? I bet they arrest you for spitting on the sidewalk.

Prudence is key, I don't store more that 50 gals in one spot. Outdoors and shaded. Worst thing to happen to me is my insurance won't pay. Big deal, doing a turn the house over to the bank anyway next year. Get this shadow inventory moving.

My pool is empty was thinking of putting it in the bottom of that, hellova bon fire if that goes. Marshmellows for everyone !

San Diego Gold Bug's picture

We can still get gold.... American Eagles are getting tight.  Last month was a record sales month thanks to the elcection of BO.  Last weeks sales were off the charts and we had almost no people selling product to us.  Product looks like it will get tighter this month!

Mark Lonneker


Liberty Coin & Precious Metals

fockewulf190's picture

How do you think premiums will look like for gold in the near to mid future? 

San Diego Gold Bug's picture

The premiums will go up for sure.  Gold eagles go up 1/2% when the supply gets tight.  Silver premiums will go up by at least 1% on silver eagles as demand picks up.  The sheeple who will rush in last will of course and pay the highest premiums, that is if they can get any product in size at that time.

c-rev with a twist's picture

..and that's when he jumped on they guy's back and proclaimed 'It's me, it's me, it's Ernest T.'  And all was good with the world.

c-rev with a twist's picture

I see there are lots of thumbs up.  But the comex guy is right.  Price will take care of it.   It could be $3000, it could be $10,000, but price will take care of it.  There will be no gold currency- that is pure lunacy and fantasy.

SmallerGovNow2's picture

WTF do you know that no one else does? 

wisefool's picture

If gold  gets above $5000/oz. nominal, people will start digging up graves. making it an official currency/standard would be the worst thing the government could do.

*I am a sound money guy. I think gold has lots of value, for lots of different reasons. It is not a barbaric relic. Like minds should use it as means of exchange for other goods and services. It could even be part of a basket of commodities, or a competing currency on its own. IT should just never, ever be instituted as an official currency in the USA.

rambo1028's picture

Zombie apocalypse bitchez!!

Silver Bug's picture

WOW, now that is a serious spike in sales? Are the lemmings finally waking up? 


Five Most Common Gold and Silver Mistakes. Free eBook.

jballz's picture

Oh for fuck sake go to the source page and look at the data. These spikes happen all the time.

monogratis's picture

The year has been pretty slow and steady for gold sales, if you go to the source page.  2011 had more ups and downs.  The data shows some correlation to QEternity and the election.


Still, it's only US mint bullion so I don't think it gives much of an accurate display of overall gold bullion demand.

EnslavethechildrenforBen's picture

Our founding fathers defeated the terrorist Redcoats, so too shall it be with Terrorist Bernanke and his minions

Backspin's picture

You are correct.  The post is misleading.  Also, it says that the gold sales are the largest on record.  And then graph starts at February.  But you click the link (US Mint) you see that in January, just one month before the graph starts, the sales were far higher.

cranky-old-geezer's picture



Seems Tyler(s) can't resist the urge to make mountains out of molehills as this article does, and showing just the slice of a chart that would appear to support their mountain-making is pretty common.

When <1% moves generate "Oh my god" headlines on ZH, it's the same media hype they poo-poo from MSM.

... and don't get me started on trivial nonsensical articles they post just for page views.

Sure, a site like this needs revenue.  But please don't resort to the same tactics MSM uses.  

A growing challenge for ZH is lack of substantial news to report.  We've had a 4 year education now on uncontrolled govt spending, uncontrolled Fed currency printing, bailouts, QE, hemorrhaging sovereign debt, all that shit.  It's not news anymore.  Sickening yes, but it's not news anymore.

There's really not much significant stuff to report these days.  Fiscal cliff?  That's not news, we already know what'll happen.

There really won't be much of anything significant to report until currency collapse happens, where all this is headed. 


Bag Of Meat's picture

Please always point it out with a comment when a post is BS. Not everyone has the knowledge/skills to see it.

Pool Shark's picture



Actually, the sales from December 2009 dwarf this month's sales (and May of 2010 was significantly higher as well).

Just sayin'...


Jay's picture

Yeah, Dec 96 sales were 626,000 ounces vs Nov 2012 sales of 136,500 ounces.

luna_man's picture



Well, well, "cranky", if you really feel the way you do...


And take the rest of those green arrow pushers with you!!

PhattyBuoy's picture

"Cranky"'s IQ is suddenly 145 ...


He never imagined that he could get so smart from reading Zerohedge all those years ...


Bruce Flea's picture

Why are camel toes almost exclusively found on cougars?

Rubbish's picture

I like cranky, cougars and camels, but tell me, after all these years, why hasn't the sky fallin?

PhattyBuoy's picture

How about "moose knuckles" ... ?

tenpanhandle's picture

the sky has fallen. we have been walking in sky for a few years now.

Aurora Ex Machina's picture

Spot on. I, in my very tiny and not-very-economically-educated-way, have been trying to inject life, through fun, sillyness, a bit of truth and some rampant precognition.

The Baltic Dry Index has been limping along, and just pushed 1k (WHOOHOO!), we all know the score about Greece, the cliff and China's ouput figures, as well as Canada's bubble, Australia's currency ramping (including laughable FUD about making the Aus $ the new currency standard. Hint: look up the way rainfall has shifted in Aus over the last 5 years, it's going to totally fuck the East coast on fresh water supplies - and guess what? All the major centres are over there) and all the other bits of the puzzle.

From point-to-point, we're dealing with a glut of "prepared pap" information, and not much action. Everyone is waiting, so meh. Either ZH grabs some inside intel and just blows it out the door, or we all wait for 21/12/12. I'll give ZH my churn just to keep it going, as it's at least amusing. Here's an idea: ZH is obviously going to suffer from this, so start info-bombing your posts with as much intel (from where-ever you can get it), links and so on that you can add to enriching the local environment.

Sharing is Caring when there's nothing nutritious, and no-one is making money anyhow. What's worse: not sharing intel, or watching the wrong people profit?


[Note: I'm probably going to get rubbed out tonight, and ZH was down earlier. And I don't even eat squid]

Last call from the bar: if I speak no more, think as well of me as you can.


Prefiero morir de pie que vivir de rodillas

dark pools of soros's picture

I'd be ready to send Tyler silver if he makes it member only

Fíréan's picture

I agree with the Cranky-Old Geezer post. Just recent was similar with a small spike in EUR/USD graph, partial graph posted.

I don't read this blog even half as much as i use to do years ago.

Escrava Isaura's picture

Cranky, by Zero Hedge bringing all us here..., that makes Zero Hedge priceless. Anyway, keep up with your great comments Cranky. I always look foward reading them.

PeteJE's picture

This site just sells the fear and the authors are likely practicing the greed all the while.  Nothing new in markets.  It does provide some good jumping off points for thought and research, however.  Over time one sees the bulk of what is put out here is about as credible as world net daily.