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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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Sat, 12/01/2012 - 19:14 | 3027006 carlnpa
carlnpa's picture

Several weeks ago zerohedge noted the huge move of cash into bank savings.

I noted the people giving a big FU to the financial system due to the election results, going to cash from traditional financial instruments as a form of protest.

Part 2 above - huge movement of cash into pm's.

The people are speaking, are their masters listening?

Fight club is on.  Masters take note.

Sat, 12/01/2012 - 19:11 | 3027011 Essential Nexus
Essential Nexus's picture

*This chart excludes January, which had much higher sales than November. 

Sat, 12/01/2012 - 19:14 | 3027019 Essential Nexus
Essential Nexus's picture

Edit: in terms of coins.  January slightly lost out in terms of oz (127k vs. 136.5k). 

Sat, 12/01/2012 - 19:32 | 3027041 Urban Redneck
Urban Redneck's picture

a slightly longer term perspective-

 

2000 164,500oz
2001 325,000oz
2002 315,000oz
2003 484,500oz
2004 536,000oz
2005 449,000oz
2006 261,000oz
2007 198,500oz
2008 860,500oz
2009 1,425,000oz
2010 1,220,500oz
2011 1,000,000oz
2012 677,000oz (so far)
Total 242.25 tons

Sat, 12/01/2012 - 20:36 | 3027162 unununium
unununium's picture

That is correct according to the very same US mint data linked to by the article.  Thank you.

Sat, 12/01/2012 - 21:56 | 3027306 XitSam
XitSam's picture

Data FTW!

Sun, 12/02/2012 - 06:48 | 3027714 e-recep
e-recep's picture

you gotta include 1997 and 1998 as well. i.e. asian and russian meltdowns, you will be surprised.

Sun, 12/02/2012 - 11:00 | 3027933 Urban Redneck
Urban Redneck's picture

Complete data set from the Mint website, with avg London fix prices and 3 period smoothing- for those might mistakenly think there is correlation between 12yr periodicity in volumes with the price of gold.

semicolon delimited CSV 

"Year";"Ounces";"3-Yr Avg";"Avg Fix";"3-Yr Avg Fix"
1986;1,787,750;;$367.53;
1987;1,253,000;;$446.48;
1988;560,000;1,200,250;$436.98;$417.00
1989;503,500;772,167;$381.44;$421.63
1990;457,450;506,983;$383.51;$400.64
1991;253,000;404,650;$362.11;$375.69
1992;385,800;365,417;$343.82;$363.15
1993;514,000;384,267;$359.11;$355.01
1994;310,000;403,267;$384.00;$362.31
1995;297,750;373,917;$383.79;$375.63
1996;275,000;294,250;$387.81;$385.20
1997;771,250;448,000;$331.02;$367.54
1998;1,839,500;961,917;$294.24;$337.69
1999;2,055,200;1,555,317;$278.98;$301.41
2000;164,500;1,353,067;$279.11;$284.11
2001;325,000;848,233;$271.04;$276.38
2002;315,000;268,167;$309.73;$286.63
2003;484,500;374,833;$363.38;$314.72
2004;536,000;445,167;$409.72;$360.94
2005;449,000;489,833;$444.74;$405.95
2006;261,000;415,333;$603.46;$485.97
2007;198,500;302,833;$695.39;$581.20
2008;860,500;440,000;$871.96;$723.60
2009;1,425,000;828,000;$972.35;$846.57
2010;1,220,500;1,168,667;$1,224.53;$1,022.95
2011;1,000,000;1,215,167;$1,571.52;$1,256.13
2012;677,000;965,833;$1,667.55;$1,487.87

Sat, 12/01/2012 - 19:12 | 3027014 Randall Cabot
Randall Cabot's picture

Who's Abe?

Sun, 12/02/2012 - 02:13 | 3027590 Vlad Tepid
Vlad Tepid's picture

<---A Really Honest Guy

<---A Disgraced Japanese Politician Coming out of Retirement To Be Disgraced All Over Again

Sat, 12/01/2012 - 19:17 | 3027022 WhiteNight123129
WhiteNight123129's picture

To be complete the picture would need to include the short interest on treasuries.

Buying treasuries is helping the Fed in repressing rates. Shorting treasuries would force the Fed to buy more Treasuries to repress rates but the side effect would be that more money would have to be printed without ~sterilization~.

The Treasuries are the weak point of the fiat system as the collateral of the entire finanical system. In other to make teh Gold go ballistic, one needs to the Gold trade by shorting treasuries at the same. Be a good Gold bug to support the cause and short a bit of treasuries. Pass to friend traders. This is the way to bankrupt the Fed guaranteed, if even one goes and short a bit of treasuries, that is the way to go.

 

Sat, 12/01/2012 - 21:28 | 3027241 andrewp111
andrewp111's picture

Fighting the Fed can be very bad for your wealth. Do you want to go short on T-bonds when the Fed can come in any day and squeeze you by the balls? Can you say "margin call"? You might have to sell all your gold to pay your broker.

Gold bugs should stick to buying physical Au, Pt, Ag, and Pd.

Sat, 12/01/2012 - 22:27 | 3027357 WhiteNight123129
WhiteNight123129's picture

Fighting the Fed is a full time funny job. Profitable, dangerous. The Fed represses your physical Gold with paper, by shorting it. The way you hurt them back is by shorting the treasuries. Mutual torture. Definition of Fun.

 

Sat, 12/01/2012 - 22:33 | 3027361 WhiteNight123129
WhiteNight123129's picture

What keeps Bernanke awake is not at all people buying physical Gold. What really scares teh shit out of him is that more and more people decide they want to short the treasuries while being long Gold. The only way he can wack my short is by helping my long by printing more money and push my Gold up. This is the way to Corner the Fed. Buy Gold and short treasuries. If many people do the same it is KABOOM 100% guaranteed, the Fed would lose control (see Sibileau piece on that).

 

 

Sat, 12/01/2012 - 22:48 | 3027386 WhiteNight123129
WhiteNight123129's picture

Just short the strip, simple and buy some tobacco shares (which covers the carry cost easily) and buy some Gold. There is nothing hte Fed can do about that trade. Do not use much leverage in shorting the treasuries and do not use the futures market, short the strips outright. The differential between ILBE implied inflation and 30 years bond yield is at the lowest. When this metric goes negative your long Gold position goes to the moon. Something has to give, the real yield is so negative on the 30 years that by having the long short (with small short on Treasuries) you make the situation untenable for hte Fed. Besises, since buying 30 years is lending at less than 3% tor the Gov, shorting is the exact opposite, you borrow at ultra low rate from Gov. Why should anyone pass the opportunity to lock a less than 3% borrowing cost for 30 yeras from teh Gov and buy some hard asset with it? Short the Treasuries and buy hard assets, fuck them all up.

 

Sun, 12/02/2012 - 10:49 | 3027912 lakecity55
lakecity55's picture

My palladium has done well recently.

Until it fell off the back of the pickup.

Sat, 12/01/2012 - 19:17 | 3027023 Conman
Conman's picture

The Bernank don't care. That's the thing about psychopaths.

Sat, 12/01/2012 - 19:27 | 3027031 Dre4dwolf
Dre4dwolf's picture

Ben Bernanke doesn't look at anychart unless at first glance its parabolic.

Sat, 12/01/2012 - 19:31 | 3027040 Sextus Empiricus
Sextus Empiricus's picture

Bernank is a millionaire... doubt much keeps him up at night.

I'm sure he sits on a bit of gold as well.  Gotta have all the bases covered.

Sat, 12/01/2012 - 19:52 | 3027082 oddball
oddball's picture

Probably a gold dildo, "who's my bitch?"

Sat, 12/01/2012 - 19:44 | 3027065 Bansters-in-my-...
Bansters-in-my- feces's picture

I have more gold than Ben Bernanke,thats what keeps him up.

Sat, 12/01/2012 - 20:09 | 3027113 Seize Mars
Seize Mars's picture

**TYLER:

Remember the recent massive bulge of bank deposits? It was right before t-giving. I think we know what the flow was: cash moving into bank deposit accounts (likely checking) then wires for the above Au purchases.

Any way t track wire transfer #'s?

Sat, 12/01/2012 - 20:13 | 3027123 HANKREARDON
HANKREARDON's picture

If Tyler did not publish this The Bernanke would have never known.  Thnx Durden

any chance donations to ZH are tax deductible?

Sat, 12/01/2012 - 20:16 | 3027128 pavman
pavman's picture

If anything its trending down.  If you look on the yearly sales since 2001, it was slowly increasing until 2007, then 2008 / 2009 sales rocketed up, where it peaked.  Sales were down in 2010, 2011 even further, and 2012 looks to be even worse. For a site that prides itself in its chart-based data references, I'm a bit disappointed.  It might just be time to take that profit from gold now.  In fact, its about 200K oz short from last year, which was about 200K oz short from 2010.  Anyone want to buy my gold?  I should probably cash out now anyway considering the fiscar criff.

Sat, 12/01/2012 - 20:24 | 3027141 Dr. Gonzo
Dr. Gonzo's picture

I celebrated the Obama Victory with 1 oz Pamp Suisse gold bars. They were $35 cheaper. I also celebrated by buying Austrian Philharmonics Silver coins. They were over a buck cheaper. Guess I'm not that patriotic but at least the other Mints of the world got to participate.

Sun, 12/02/2012 - 10:46 | 3027909 lakecity55
lakecity55's picture

Easy, there, pard. Stay at 1-OZ.

The bigger ones have a habit of turning into Tungsten.

Sun, 12/02/2012 - 22:52 | 3028789 IridiumRebel
IridiumRebel's picture

Exaxctamundo! I like the 5 gram shits. Fit hits the Shan and the smaller denominations will be better.

Sat, 12/01/2012 - 20:55 | 3027194 Tombstone
Tombstone's picture

Never mind the charts.  QE4 is on the the way and QE5 is on the back burner.  Didn't you know, it is Uncle Benny buying all that gold.  It's kinda like insider trading.

Sat, 12/01/2012 - 20:55 | 3027196 whoopsing
whoopsing's picture

Can they make planchets under water ?

Sat, 12/01/2012 - 21:07 | 3027209 ReptilianSlaveMaster
ReptilianSlaveMaster's picture

 And the bullion funds (notably CEF and GTU) sick performance this year now reflects the reality of gold and silver BEAR markets

1980 --- Gold traded for $800 an ounce
2012 --- Gold trades for around $1700 an ounce

If you factor in 32 years of INFLATION (an average 5% per annum), then it would take a NOMINAL gold price of $2100 an ounce simply for the forever pathetic gold bullion to match its REAL value in 1979 dollars (after accounting for all those 32 years of INFLATION)

In other words, gold has NEVER been in a real "bull" market these past 32 years. It remains in a BEAR market and it remains one of the worst performing commodities in history, with only the truly hopeless silver being worse, since silver has even FAILED to match its NOMINAL dollar high of $50 an ounce set in 1979 LOL

Sat, 12/01/2012 - 23:01 | 3027406 Bay of Pigs
Bay of Pigs's picture

Every dog has it's day. Anyone who bought gold or silver the last decade has done okay (unless you got in on the last recent top in 2011).

Dow/Gold ratio was in the mid 40's and now its at 7 or 8. So stocks are in a BEAR market compared to GOLD since 2000.

http://www.sharelynx.com/chartstemp/DowGoldRatio.php

Sun, 12/02/2012 - 01:04 | 3027531 zebrasquid
zebrasquid's picture

If you picked 42 years instead of 32 years (so, gold from $40something to $1700) then you would have invalidated your biased point.  I guess that's why you picked 32!   

Sun, 12/02/2012 - 09:44 | 3027808 Quinvarius
Quinvarius's picture

Actually gold is worth over 10k an ounce based on inflation. 

Mon, 12/03/2012 - 00:31 | 3028919 FreedomGuy
FreedomGuy's picture

Well, Reptile play it smart and don't buy any. Go for those bonds, robot traded stocks, futures...wherever your analyses take you. Correct me if I am wrong but every investment is based on timing. Bonds, stocks, commodities, REIT's, all have had their good and bad days and none of them have moved in a straight line over any 32 year period.

Mon, 12/03/2012 - 01:35 | 3028971 tenpanhandle
tenpanhandle's picture

are you still crying about that 799.99 dollar gold and the 49.99 dollar silver you bought on the very last day of that 1980 market and then sold for 249.00 and 3.30 dollars at the begin of this market?

Mon, 12/03/2012 - 02:04 | 3028988 Bear
Bear's picture

A Bear Market kinda like US Treasuries?

Thu, 12/27/2012 - 00:40 | 3098185 MeelionDollerBogus
MeelionDollerBogus's picture

You are mismatching 1980 for 2020, and 1975 for 2012. Until gold drops 10% a year for 3 years in a row it's not a bear market. It won't happen.

goldpricemodel 2013 projection

goldpricemodel 2013 roc 52-week

gold 52 week ROC 1980 to 2011

And that's the mechanics of it. The REASON of it is that rates are at all time lows & exports & jobs are are in such great danger that voluntary deflation by valuing UP a paper currency will remove a person who does it from Central Bank and/or Presidential/Prime-Ministerial power. Suicide.

Not happening.

There is no bear market in gold & you know it.

Gold won't go back down to 1500. Won't go back down to 1300. Won't go back down to 900. Won't go back down to 650. Won't go back down to 260. Won't go back down to 35. All along the way at those numbers people like you have straight-faced lied or spoken insanity that it's a bear market bubble and it's over. You've been wrong every single time.

You show me the rates above 10%. You show me the rising property values. You show me the 3rd consecutive year of paper out-performing gold. Until then you have nothing.

SUGAR is at 30 year lows. Try that for an underperforming commodity. And as Jim Rogers says, then it's time to get to the other side of the boat.

Sat, 12/01/2012 - 21:21 | 3027231 andrewp111
andrewp111's picture

It is just Christmas Shopping.

Sat, 12/01/2012 - 22:49 | 3027388 Non Passaran
Non Passaran's picture

Black Friday discounts, you're saying?

Sat, 12/01/2012 - 21:47 | 3027281 Lmo Mutton
Lmo Mutton's picture

transient?

Sat, 12/01/2012 - 22:48 | 3027387 mt paul
mt paul's picture

can one really put

a price on tradtion ..

Sun, 12/02/2012 - 01:08 | 3027535 Yen Cross
Yen Cross's picture

I can't walk away from the brilliant minds/ I'm sick...

Sun, 12/02/2012 - 07:49 | 3027731 sudzee
sudzee's picture

I don't think US mint gold eagle sales are that relevent. Four nines pure is what investors want. If you melt 1000 OZ into a bar it would not even be considered a london good bar.  

Sun, 12/02/2012 - 19:29 | 3028525 Divine Wind
Divine Wind's picture

 

 

Sudzee has it right.

This cuts to the heart of why much of the RARE gold coin biz is a sham.

YES, numismatics is a great field for genuine collectables of historic value, but in the end, the melt pot determines the actual material value.

Anything beyond that is a measure of one's sales skills.

Sun, 12/02/2012 - 19:28 | 3028524 SheepDog-One
SheepDog-One's picture

Ineffective intervention stage has arrived....the returns have diminished to -0-.

Sun, 12/02/2012 - 19:46 | 3028558 Dr.Engineer
Dr.Engineer's picture

SheepDog-One continue to lead the pack.

over and out for now.

Sun, 12/02/2012 - 19:31 | 3028527 SheepDog-One
SheepDog-One's picture

Oh and 1 more thing....FUCK YOU BEN SHALOM BERNANK! I hope you cant EVER sleep and have to O.D. on drugs!

Sun, 12/02/2012 - 19:37 | 3028541 oddball
oddball's picture

+ choke on his gold dildo.  

Sun, 12/02/2012 - 19:43 | 3028552 woggie
woggie's picture

the beast is on the gobble
and all that matters is we're all headed for it's belly
http://youtu.be/ntmthFyaYzY

Sun, 12/02/2012 - 21:43 | 3028693 A Middle Child ...
A Middle Child of History's picture

Woggie would oft post to this site,
A link that was nothing but shite,
What a fool and a bore;
he couldn't possibly do more,
to waste so many a byte.

Dude, do you get off posting your shit across multiple sites Woggieford/Woggie/Will Ling? What kind of work must one do to have that much free time that one sits around waiting on multiple sites for new articles to post in order to leave a little digital doo-doo?

Sun, 12/02/2012 - 20:03 | 3028576 Insideher Trading
Insideher Trading's picture

Sucks for all the readers that can't comment for at least three days.

Bitches.

Mon, 12/03/2012 - 06:48 | 3029118 Supernova Born
Supernova Born's picture

Yeah, 3 days...

Hillary's inaguration will be over before all those chomping at the bit to trash gold get approved to spew their anti-real money BS.

Do you love truth, freedom and the former "American Way"?

Buy gold and silver (and there may be a flicker of hope we can skip the Hillary part).

Sun, 12/02/2012 - 20:10 | 3028586 dikfr
dikfr's picture

Headlined on Drudge!

Sun, 12/02/2012 - 20:47 | 3028609 Supernova Born
Supernova Born's picture

So back on top at ZH!

If you value freedom, buy gold or silver as a portion of your savings.

Fiat currency (paper backed by nothing) fuels socialism.

Sun, 12/02/2012 - 20:41 | 3028624 oddball
oddball's picture

Good, now all you stupid assholes who voted for Mittens OR "the One"...  Go fuck yourselves!

 

 

Sun, 12/02/2012 - 20:52 | 3028637 Supernova Born
Supernova Born's picture

Drudge is popular among those that voted for OBAMA?

Not a chance.

Sun, 12/02/2012 - 21:00 | 3028651 oddball
oddball's picture

Who are you trying to fool, Drudge is plenty popular.  Did you miss the Mittens part?  My commet was equal calling out the statist sympathisers.  Fuck them! 

Sun, 12/02/2012 - 21:05 | 3028652 Supernova Born
Supernova Born's picture

Look at the advertisements on Drudge and tell me it is popular among democrats and socialists.

Baloney.

Huge visibility for ZH! Awesome.

Sun, 12/02/2012 - 21:46 | 3028696 oddball
oddball's picture

Currently Chevy and Netflix.

Not tring to tell YOU shit.  I am trying to tell the Romney (and Bamma) voting, party loyal fuckwhits.

TGFT

(Press the red down arrow if you voted for the status quo)

Sun, 12/02/2012 - 20:59 | 3028646 Bear
Bear's picture

ZH is gaining too much notoriety ... soon the trolls will take over (excluding me of course)

Sun, 12/02/2012 - 21:06 | 3028658 Supernova Born
Supernova Born's picture

They'll just sign up to "down vote" truth, freedom and gold.

Sun, 12/02/2012 - 20:23 | 3028597 cosmyccowboy
cosmyccowboy's picture

they have under reported the gold eagle sales as long as they could and eventually had to make the books correct, next month silver will do the same thing!!!

Sun, 12/02/2012 - 20:38 | 3028621 SuccorMoney
SuccorMoney's picture

Could you plot ammunition sales on that graph, too?

Sun, 12/02/2012 - 20:44 | 3028630 orangegeek
orangegeek's picture

Could you plot tungsten sales on the graph too?

Sun, 12/02/2012 - 22:24 | 3028753 Hubbs
Hubbs's picture

Seriously, any anecdotal accounts or verified reports of 1oz gold rounds or wafers being tungstenized?  Still clear on the various dealers, e.g., Nortwest territorial Mint, APMEX, etc?

Hope to have vaporized my last penny of debt in 6 mos., and from there on it's going to be tithing about ten percent in PM's -at a minimum, provided  the banksters and sovereigns can keep the Au rehypothecation racket under wraps that long and keep the price low.

 

Sun, 12/02/2012 - 20:45 | 3028632 devo
devo's picture

Are Mexican 50 pesos good bullion to own? I don't have any gold Eagles. Wondering if I should trade some pesos for Eagles.

Sun, 12/02/2012 - 21:05 | 3028654 Zgangsta
Zgangsta's picture

"I get knocked down, but I get up again, you ain't never gonna keep me down!" - Gold, singing its own theme song.

Sun, 12/02/2012 - 21:06 | 3028657 THE DORK OF CORK
THE DORK OF CORK's picture

The deflation in the eurozone is releasing more Gold 

 

Is that its true purpose ?

 

Looks like it from where I sitting.

 

Since at least the single european act these economies have been run entirely as private banking fiefdoms without even the slightest poltico check on the rate of extraction both during the credit inflation and money deflation phase.

Sun, 12/02/2012 - 21:15 | 3028664 El Hosel
El Hosel's picture

The Gold market is the least of their worries, it is small enough to rig at a "modest price" in the new normal.... All the other "rigging" is monumental in comparison, trillion here, trillion there just for a small  finger in the dike.

Mon, 12/03/2012 - 04:16 | 3029052 dogbreath
dogbreath's picture

Dork lol

can you give us a paicture of Irish real estate.   Is everything still expensive or are ther bargains.

 

 

Sun, 12/02/2012 - 21:21 | 3028662 Supernova Born
Supernova Born's picture

Throw your best punches while you are linked on Drudge, Mr. Durden!

Watch the "reads" counter on this story move (and doesn't a person have to click through to the full story to get a "read"?).

Sun, 12/02/2012 - 21:57 | 3028711 geekgrrl
geekgrrl's picture

This seems like peanuts. A $130mm pop in ASE sales? Hopefully this is GLD investors coming to their senses, but I'm not very convinced J6P has any idea what is coming.

Sun, 12/02/2012 - 22:12 | 3028712 Yen Cross
Yen Cross's picture

The Asian markets are full on "Wile E. Coyote", over that China [HSBS manufacturing print]. At least the aud/usd popped the 1.04 cherry/ Nice gaps to fill in Europe...

 

17:45  CNY   Chinese HSBC Manufacturing PMI 50.50 50.40

50.40

 

Sun, 12/02/2012 - 21:59 | 3028713 Roark12
Roark12's picture

It astonishing how much traffic the Drudge Report generates

Sun, 12/02/2012 - 22:26 | 3028758 Hubbs
Hubbs's picture

Funny, I never read the Drudge report. I guess not cynical enough for me.  That's why I like ZH.

Sun, 12/02/2012 - 23:13 | 3028787 Wakanda
Wakanda's picture

Drudge = CIA safety valve for sheeples to get "alternative" news.

Same with NPR.  All of my artist friends think they are "smarter" because they listen to NPR rather than ABNBCBSFOX.

Gag me.

Mon, 12/03/2012 - 01:09 | 3028956 Joseph Jones
Joseph Jones's picture

Is there such thing as a non-Judaic on-mic employee at NPR?

The Judaic "Rachel" Martin on Sunday morning just can't wait till ram Western "enlightenment" (LGBT, sex change operations, abortion, pornography, all that great stuff, debt slavery) down the throat, by gun point, of the Muslim-Arab universe. 

I'm not in love with the apparent general viewpoint of the Muslim religion toward females in general.  But the MSM refuses to broadcast news about Judaic bigotry and sexism toward women: Rabbis practically beat a woman to death for not moving to the back of the bus in Israel, Rabbis demanding to view women's underware to measure the diameter of blood spots and telling the woman she'll die in childbirth if she gets pregnant on the wrong day, demanding money from men to "bless" the man's wife to get pregnant then when it doesn't work the Rabbi demands more money, felating a baby during briss giving the baby herpes that later kills the baby...    

Mon, 12/03/2012 - 00:23 | 3028910 rosethorn
rosethorn's picture

Isn't Drudge just a glorified link aggregator?

Sun, 12/02/2012 - 22:06 | 3028726 Tony Rumjog
Tony Rumjog's picture

I read about Kyle Bass and his interaction with Comex.  But upon looking at the details, UT did not actually take possession.  Meaning, they did put it on an armored transport and bring to Austin, TX.  The bars are located (somewhat randomly) in the trustee vaults. So what they really have is paper gold - maybe they just have better paper than GLD holders, but it is paper.

If it is SHTF time, the UT gold will be "reassigned" to the Gubmint in exchange for "credits" of some sort.  That is if they are not lost through re-hypothecation.  Bass probably has a rider for that in their custodial agreement - but that assumes adherance to "rule of law" - the reason you buy gold is a breakdown in the rule of law or at least an asymmetrical financial event.

Sun, 12/02/2012 - 22:27 | 3028760 SumSUN
SumSUN's picture

I buy a lot of silver.  Sweet dreams Ben.

Sun, 12/02/2012 - 22:48 | 3028783 IridiumRebel
IridiumRebel's picture

Wife asked me what I wanted for CHRISTmas. I stated some camping gear and silver ounces. She paused, assessed and said ok. She is starting to get it. We were in Target and I wanted to get a couple more 5 gallon fuel stores.....she said sure. She is starting to get it. I hope those of you out there are starting to get it too. It's coming and it will be quick. Prepare BitcheZ.

Sun, 12/02/2012 - 23:05 | 3028810 Yen Cross
Yen Cross's picture

Well done I/R and the MRS. You won't regret it!

Sun, 12/02/2012 - 23:32 | 3028850 IridiumRebel
IridiumRebel's picture

you got it.......I hope you saw my reply the other night. like I said then and now....I like you. Keep shorting those currencies.

Sun, 12/02/2012 - 23:50 | 3028876 Yen Cross
Yen Cross's picture

Thanks I/R... Missed your comment It's the thought that counts ;-)  be well/

Sun, 12/02/2012 - 23:51 | 3028878 IridiumRebel
IridiumRebel's picture

you as well

Mon, 12/03/2012 - 04:56 | 3029074 Martel
Martel's picture

What your wife is starting to get is, you won't heal from the prepper sickness. So now she just says 'yes' whenever you suggest buying more bulk ammo, MREs, bulk rice in mylar bags, a chicken coop, a bugout vehicle...

TEOTWAWKI, SHTF, WROL or any of that won't happen anytime soon, but prepping surely is a catchy meme. I'm somewhat of a prepper myself.

Mon, 12/03/2012 - 10:24 | 3029409 IridiumRebel
IridiumRebel's picture

I just need enough time and prep to get us out to the family farm. Once we are there, we will be fine as the rest of the family has done the real work. Circle the Wagons! I don't think an TEOTWAWKI event is on the horizon, but a nice grid failure for a month or two would do the trick. I saw it in Sandy and that was a week for most. People flipped the fuck out. I watched movies and hung out with my daughter. 

Sun, 12/02/2012 - 22:59 | 3028798 IridiumRebel
IridiumRebel's picture

Long new ZH posters

Sun, 12/02/2012 - 23:00 | 3028799 CheapBastard
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People want to preserve what they have; thus the silly metal.

Sun, 12/02/2012 - 23:08 | 3028814 Dr. Gonzo
Dr. Gonzo's picture

They have a $50 legal tender status but they cost $85 over spot gold which is at $1720 at the moment. That's government planning for ya. 

Sun, 12/02/2012 - 23:08 | 3028815 Yen Cross
Yen Cross's picture

 Maybe, some of the "Financially Illiterate" from Drudge will get a clue?

Sun, 12/02/2012 - 23:39 | 3028865 tickhound
tickhound's picture

Some of the "Terror-ized Warmongers" from Drudge could learn something here too.

Sun, 12/02/2012 - 23:53 | 3028885 Yen Cross
Yen Cross's picture

Good point. fear of the unknown has started a few wars....

Mon, 12/03/2012 - 00:39 | 3028929 CheapBastard
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Brisbane house prices decline for eighth straight quarter but not yet at the bottom: Australian Property Monitors

 

Year-on-year, Brisbane house prices have fallen 3.7% since June last year, more than Melbourne's 2.6% year-on-year decline, with Adelaide (- 2.1%) and Sydney (-1%) also recording smaller 12 month declines.

 

http://www.propertyobserver.com.au/queensland/brisbane-house-prices-decl...

Mon, 12/03/2012 - 05:16 | 3028969 Yen Cross
Yen Cross's picture

Thanks for the update CheapBastard     Queensland and the Northern T. are screwed with this mining slowdown/

It's all good in China though!

 I'm too tired to fight back/ Must find a trade/

Mon, 12/03/2012 - 01:46 | 3028982 The Duke of New...
The Duke of New York A No.1's picture

NY FED Tungsten is where the big money is being made.

Mon, 12/03/2012 - 02:44 | 3029008 resurger
resurger's picture

IT's finger giffen good!

Mon, 12/03/2012 - 03:33 | 3029038 All Out Of Bubblegum
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ZH on Drudge is like putting Linda Lovelace on Sesame Street.

Mon, 12/03/2012 - 06:36 | 3029114 Supernova Born
Supernova Born's picture

I didn't realize Sesame Street was committed to cleaning up their act.

Mon, 12/03/2012 - 04:31 | 3029055 Colonial Intent
Colonial Intent's picture

Breaking news, Kim Kardashian brings peace to the middle east using only her breasts!

http://www.youtube.com/watch?feature=player_embedded&v=iva6KrfCqtc

Mon, 12/03/2012 - 04:46 | 3029065 Martel
Martel's picture

 

What kind of analysis is this? If you go to the U.S. Mint pages and actually look at the monthly data, you'll notice:

  • Sure, there was a spike in November, but a spike of almost similar magnitude took place in Jan 2011
  • In Jun, Jul 2010 total sales (in oz) were higher than Nov 2012
  • Spikes happen all the time

If the last 30 days have seen the largest physical gold sales in record, its just a rolling 30-days record, not a monthly record. I think Bernanke sleeps well at night. Loading a helicopter with all that cash must be exhausting.

Mon, 12/03/2012 - 06:26 | 3029106 Supernova Born
Supernova Born's picture

Tee, hee, hee. Yeah, that is what one could discern with a sharp eye.

Also, a bit more obviously...

LOOK AT WHAT THEY ARE CHARGING OVER SPOT PRICE. $1978/ounce BUT "sold out" of the uncirculated 1 ounce coin.

Gold first broke $2000 a long time ago for gold coins sold by the U.S. Mint.

Maybe they know something they hope the average Drudge reader doesn't notice.

Mon, 12/03/2012 - 05:21 | 3029079 BlackholeDivestment
BlackholeDivestment's picture

What keeps Bengahzi and the 911 2012 Missing Jets up at night is the fear that he is asleep and the Ghost of the USS Liberty Jets will come back to haunt him. Kinda like reading these words on this post. Ah haa haa haa haa haa. BOO!

You see Benny boy, it ain't about slaughtering people to try to stay alive, or a whole country that is the image of the Antichrist. It's about the Holy Ghost. Ah ha ha haa haa haaa. You know, like the Ghost of Christmas past, when you killed yourself by killing Mercy. Ah haa haa haa haaa. Can you hear your chains Benny? Ah ha haa haa haa haa. Who has the key Benny? Ah haa haa haa haaa. Look there Benny, who is that up on the Cross? Now Benny, look to Christmas future. Ah haa haa haa haa. Is that you up there Benny? Ah haa haa haa haa. Benny ...Benny BENNeeeeee. Ah haa haa haa haa. Can you rise above Benny? Ah haa haa haa haaa. Can you rise above and go beyond the call of duty? Ah haa haa haa haaa. Can you open the door to your tomb Benny? Ah haa haa haa haa. Benny ...Benny ...BENNeeee.  http://www.youtube.com/watch?v=KMf8WHMeg1g Ah haa haa haa haa. Save yourself Benny. Ah haa haa haa haa. Save yourself. Ah haa haa haa haa.

Mon, 12/03/2012 - 05:24 | 3029088 Disenchanted
Disenchanted's picture

 

 

Speaking of Benghazi...

 

"Benghazi has been described as a U.S. consulate, but it was not. It was an information office that had no diplomatic status."  Philip Giraldi here:

CIA’s Benghazi Role

 

Mon, 12/03/2012 - 06:11 | 3029096 BlackholeDivestment
BlackholeDivestment's picture

...eh hum, pardon me, lol, where are the two drug running witnesses, lol, you know, what was the cause for them to be held there where the slaughter of the President's Ambassador was for how many hours was it again that the 911 call never was answered? Ah haa haa haa haa. Pardon me, is this team Iran Contra American Weapons Grade Anthrax in the mail? Ah haa haa haa haa. ...or just another crazy guy that committed suicide the day he accepted the mission? Ah haa haa haa haa. What? is the President going to pardon himself again like that team? Ah haa haa haa haa. I have a chair and a Patriot Act Drill and a question, ''is it safe in Benghazi?'' Ah haa haa haa haa.  

P.S. Dis, I read their book, and they were missing the key. I saw their map room, and they are deceived. If you have a clue you would know what I mean, and that would mean one of two things. Either you are really really good, or just plain bad. ...and know this, it ain't about a country, it's about the world.

Mon, 12/03/2012 - 06:17 | 3029104 Disenchanted
Disenchanted's picture

 

 

 

 

American Diplomacy....a ha hah ha ha oxymoron.

 

In other words it's a fucking joke. The whole story was bullshit from the beginning, because as knukles, I and another poster tried to point out at the time this was the hot news there was no State Department Consulate in Benghazi. The Ambassador involved himself in a non-diplomatic 'mission' and he paid the price. When you lie down with dogs...

 

Maybe some day we'll learn WTF was really going on there, but I doubt it.

Mon, 12/03/2012 - 06:32 | 3029107 BlackholeDivestment
BlackholeDivestment's picture

...lol, obviously you did not get them to put their book in your hand. Lol. Guess you really gotta be good to do that huh? LMAO, or they have to be really stupid. Ah haa haa haa haa. 

P.S. Don't mind me, lol, I'm supposed to be retarted. LMAO.

Mon, 12/03/2012 - 06:37 | 3029116 Disenchanted
Disenchanted's picture

 

 

from commenter "Danny" at Giraldi's article:

 

At any rate, seems to me the Ambassador title was just Stevens’ cover for the real objective: the funneling of weapons to the U.S. proxy army made up of “rebels” (read: mercenaries) in Libya and Syria.

Business as usual for the Agency, working hand-in-glove with diplomatic, “humanitarian” cover from D.C. bureaucrats.

 

Whether it's President Obama or another (R) or (D) in office doesn't mean shit to me. Of course for some it's all about scoring political points over the other team.

Mon, 12/03/2012 - 07:16 | 3029124 BlackholeDivestment
BlackholeDivestment's picture

...umm, just a sec, just a sec, Ah, here it is, oh wait, let me turn the page. Ah yes, there it is. Pearl Harbor Event. Man that still looks strange on top of that FDR pyramid. LMAO. You would think they would do a better job building a tomb to seal the closet where they tried to keep the body. Ah haa haa haa haaa. Looks like them boys will end up killing Enoch errr something. LMAO, just because they ''know'' physics, lol, they think that Genie will not kill them. Guess they really do believe the turd and they really will not die if they eat shit. LMAO. 

http://www.youtube.com/watch?v=RWmqfyE4M6o 

http://www.youtube.com/watch?v=9R28b8XXoXs Pie in the face, lol. 

P.S. Who is that guy the Little Boy has dancing on the stage? I wonder who that Little Boy is, such an explosive personality. LMAO. 

http://www.youtube.com/watch?v=NzdUy90vTuk

Mon, 12/03/2012 - 05:18 | 3029086 Yen Cross
Yen Cross's picture

Someone give me a trade that isn't served in shit gravey/

Mon, 12/03/2012 - 05:27 | 3029090 FunkyOldGeezer
FunkyOldGeezer's picture

Another sensationalist, part bogus Zero Hedge headline. This is getting too regular.

Mon, 12/03/2012 - 06:31 | 3029110 Supernova Born
Supernova Born's picture

Yeah, the truth IS stranger than the paper-printing fiction.

Mon, 12/03/2012 - 05:33 | 3029091 bobthehorse
bobthehorse's picture

I'm into pork and beans.

Hosanna.

Ammo is also a good buy.

Mon, 12/03/2012 - 06:50 | 3029123 Supernova Born
Supernova Born's picture

Can you buy gold with an EBT card?

Checkmate, bitchez!

(until the socialists flip over the board and ban gold again)

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