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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Sun, 12/02/2012 - 20:03 | 3028576 Insideher Trading
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Sucks for all the readers that can't comment for at least three days.


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


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.


(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
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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



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
CheapBastard's picture

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
CheapBastard's picture

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.

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
All Out Of Bubblegum's picture

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!

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