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A Market Gone Vertically Wild

Tyler Durden's picture




 

It seems wherever you look today, markets are going vertical. Whether its Citi and BofA +15% for December, Gold and Silver cliff-diving today, WTI crude surging in a v-shaped recovery or EURUSD and S&P 500 futures ramping in the most wonderfully linear manner - the market has gone a little wild today...

 

and the month of December for financials...

 

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Tue, 12/18/2012 - 12:39 | 3074934 Confundido
Confundido's picture

Who the fuck has a finger so big that can play gold against 30-yr tsys??? Is this a simple fight of Fed vs PBOC over their respective assets??

Tue, 12/18/2012 - 12:45 | 3074977 LouisDega
Tue, 12/18/2012 - 12:55 | 3075044 nope-1004
nope-1004's picture

100% criminally corrupted ponzi "market economy". 

Tue, 12/18/2012 - 13:00 | 3075068 john39
john39's picture

just do what the bankers say and no one gets hurt...

Tue, 12/18/2012 - 13:04 | 3075081 trav777
trav777's picture

it's as if millions of silverbugz cried out in terror, and were suddenly blowtorched

Tue, 12/18/2012 - 13:20 | 3075095 Canadian Dirtlump
Canadian Dirtlump's picture

Either that, or they went and bought themselves a christmas present (as I did).

<-- members of the AIDS victims who love Al QUAEDA association.

In other news, Silver eagles sold out for 3 weeks from the US mint.

http://news.coinupdate.com/us-mint-sold-out-of-silver-eagle-bullion-coin...

These natural market forces present buying opportunities.

Tue, 12/18/2012 - 13:26 | 3075153 trav777
trav777's picture

"$50 by next week"

Tue, 12/18/2012 - 13:29 | 3075163 Canadian Dirtlump
Canadian Dirtlump's picture

I don't expect a reverse blow torching yet. I'll know when it comes though, because you and jeffrey christian will be gone in the wind.

Tue, 12/18/2012 - 14:57 | 3075457 ParkAveFlasher
ParkAveFlasher's picture

Jeffrey says "zig", you zag.  Jeffrey says "sell", you buy.  Jeffrey says "down", then "up" is the answer.

--PAF Market Wisdom Koan #1 (free subscriber service only)

Tue, 12/18/2012 - 15:05 | 3075481 Manthong
Manthong's picture

"the market has gone a little wild today..."

um.. don't you mean "feral"?

Tue, 12/18/2012 - 22:06 | 3077199 Half_A_Billion_...
Half_A_Billion_Hollow_Points's picture

"Everyday low prices!"

Tue, 12/18/2012 - 13:34 | 3075178 Imminent Crucible
Imminent Crucible's picture

$50 by next week

Always the raving optimist. There's no way silver goes above $40 by then. I guess this means Travesty666 didn't buy much silver at $4.50--and really, why would you when the U.S. mint tells you a silver eagle is worth one dollar. Right on the front.

Funny how they don't sell them for a dollar, though. In fact, the mint is all out of SE's until sometime in January. Ain't that strange?

Tue, 12/18/2012 - 13:48 | 3075220 oddjob
oddjob's picture

$200 bbl by next week.

Tue, 12/18/2012 - 13:32 | 3075175 Temporalist
Temporalist's picture

" In November, bullion sales continued their renewed strength, with sales of American Gold and Silver Eagles more than doubling the figures from the year ago period."

Tue, 12/18/2012 - 13:09 | 3075105 LawsofPhysics
LawsofPhysics's picture

Wake me when it drops under $8 an ounce, which is the average cost on my physical holdings.  I won't hold my breath.

Tue, 12/18/2012 - 13:23 | 3075146 SafelyGraze
SafelyGraze's picture

silver eagle .. still one dollar per ounce

says so on the back. guaranteed by the FF&C etc etc

Tue, 12/18/2012 - 15:04 | 3075249 LawsofPhysics
LawsofPhysics's picture

Physical PM's are not an investment (or even money according to the bernanke), they are insurance.  Still believe we won't have capital/price controls or bank runs in the future?  Still believe that PM's won't command greater purchasing power in such an environment.  I guess it works if you ignore history.  Good luck.

Tue, 12/18/2012 - 15:40 | 3075647 Panafrican Funk...
Panafrican Funktron Robot's picture

The gold smackdown is pretty humorous in face of Japan's inflation guarantee vis a vie their recent election.

Tue, 12/18/2012 - 16:19 | 3075847 LawsofPhysics
LawsofPhysics's picture

Indeed, I'll worry about gold when the ten year yield goes above 5%.  Ain't going to happen.

Tue, 12/18/2012 - 13:20 | 3075136 fuu
fuu's picture

Aww look trav needed some attention.

There, there big guy.

<huggles>

Tue, 12/18/2012 - 16:38 | 3075925 laozi
laozi's picture

It is fun though, because he shows up when silver tanks, seemingly just to say he was right. Not much of a discussion as I see it.

Tue, 12/18/2012 - 18:18 | 3076335 fuu
fuu's picture

Since he was banned for most of your 33 weeks you may have missed the fact that he doesn't really have any interest in a conversation.

http://www.zerohedge.com/search/user_comments?name=trav7777

11,050 posts, not a whole lot of conversation.

Wed, 12/19/2012 - 13:56 | 3079376 laozi
laozi's picture

I have been a reader for much longer than that though. Remember whan trav was always first to comment.

Tue, 12/18/2012 - 13:22 | 3075143 Element
Element's picture

The scale of the move is still not much though.

Tue, 12/18/2012 - 13:49 | 3075224 Long-John-Silver
Long-John-Silver's picture

it's as if millions of silverbugz cried out in terror, and were suddenly blowtorched

 

It's obvious you've never purchased Gold or Silver. This is actually a clearence sale that we are taking advantage of. I'm still on hold waiting for someone to sell me a few 20 count tubes of Silver Eagles. 

Tue, 12/18/2012 - 14:11 | 3075314 kliguy38
kliguy38's picture

YA THINK??? hehehehhe.....These guys are fochin' with all the peeps trying to mask the fiat devaluation.....Hey, if you dump your gold here then you deserve what comes next, but my guess is the only sellers here are leveraged hedges that have NO idea what the game is and don't kid yourself ...many of the hedges have no idea what they're playing in the gold market....but they'll learn.

Tue, 12/18/2012 - 15:45 | 3075673 Mad Mohel
Mad Mohel's picture

I hope the motherfuckers have offices with windows when what you're predicting actually happens.

Tue, 12/18/2012 - 12:56 | 3075052 SilverIsKing
SilverIsKing's picture

Maybe the Mayans were right

Tue, 12/18/2012 - 12:52 | 3075024 slaughterer
slaughterer's picture

GLD, SLV, RGR, SWHC, TZA, FAZ-- the entire ZH portfolio of prepper doom'n'gloom is getting "blowtorched" as Robo would say.  

Tue, 12/18/2012 - 13:07 | 3075089 john39
john39's picture

no real prepper would buy paper silver or gold.

Tue, 12/18/2012 - 13:19 | 3075126 LawsofPhysics
LawsofPhysics's picture

Blowtorched?  LMFAO!  Wake me when it drops under $300 for gold and $8 for silver, which is the average cost on my physical holdings.  I won't hold my breath.

Tue, 12/18/2012 - 13:40 | 3075193 NeedleDickTheBu...
NeedleDickTheBugFucker's picture

So no purchases post-2002 for physical gold and post-2005 for physical silver?

Tue, 12/18/2012 - 14:00 | 3075256 LawsofPhysics
LawsofPhysics's picture

Correct.  Last purchase was made as I moved my operation out of california in early 2001.  I really don't know how any of these small business operators (especially those carrying debt with high commodity inputs) are surviving.  Hat's off to these people.

Tue, 12/18/2012 - 14:24 | 3075353 NeedleDickTheBu...
NeedleDickTheBugFucker's picture

Your purchases of physical metals were obviously prescient, but I'm curious why you refrained from additional purchases over the past 12 years.  Is it a function of (1) the price of physical metals became unattractive in fiat terms; and / or (2) all excess capital generated was reinvested in your business; and / or (3) you had secured a sufficient level of insurance by 2001 so there was no need to make any additional purchases of physical metals?

Tue, 12/18/2012 - 15:21 | 3075483 LawsofPhysics
LawsofPhysics's picture

"(1) the price of physical metals became unattractive in fiat terms;"  -  Yes, had some paper gold too, sold that for large equipment purchases.  

" (2) all excess capital generated was reinvested in your business;" -- physical PMs don't generate anything, they just sit there and shine.  Don't think of this as a bad thing, if the bank is concerned about any remaining notes I have, I will be happy to lease them some gold while maintaining possession.  Should it look like I can't reasonably defend such a position I hope no "boating accidents" occur.  After all, should we go full retard and abandon all laws entirely, possession will be the law.

"(3) you had secured a sufficient level of insurance by 2001 so there was no need to make any additional purchases of physical metals?"  --  This is a tough one to answer since we live in a mark to fantasy world.  How does one "have enough insurance" when a meteor could very well end it all tomorrow?  The real insurance you have can be found in your skillset, then that of your immediate family, friends, and employees.

Wed, 12/19/2012 - 02:14 | 3077704 Half_A_Billion_...
Half_A_Billion_Hollow_Points's picture

this fucking LoP is actually fucking saying that i) he has a stash; ii) He's on some territory where "equipment" is valuable; iii)  he had his hedge by 2001.  

WTF LoP?  Think anyone will either believe or adore you bro? 

Tue, 12/18/2012 - 14:14 | 3075328 kliguy38
kliguy38's picture

Love it too....blowtorch it to hell.....I'd love to buy more if they can bring it below 1600......but I bet they don't get it there.......alas I can hope...more importantly I'd love to see silver sub 30 but bet it doesnt break it.......but I can hope. BUY PHYSICAL BITCHEZ

Tue, 12/18/2012 - 21:54 | 3077162 Xanadu_doo
Xanadu_doo's picture

The real question is: an oz of gold or a nice AR while you can still egt them?

 

(it's a serious question...)

Tue, 12/18/2012 - 22:13 | 3077219 fuu
fuu's picture

AR then gold.

Tue, 12/18/2012 - 13:23 | 3075147 fuu
fuu's picture

Aww you needed a hug too huh?

<huggles>

Tue, 12/18/2012 - 12:52 | 3075028 CPL
CPL's picture

People that know that the USD is worthless as of today and are scrambling to move into a postion away from US assets, equities and price lines to stay alive in two weeks?

 

Because that's what I heard with plan B.  Get out while you can.

Tue, 12/18/2012 - 13:08 | 3075098 Papasmurf
Papasmurf's picture

You may be holding your chart upside down.

Tue, 12/18/2012 - 12:53 | 3075030 Imminent Crucible
Imminent Crucible's picture

Markets gone VERTICAL!!

Isn't the rhetoric getting a bit overheated here? Gold's off about 20 bucks, silver down 35 cents, oil is up less than a buck.  Must be a really slow day for market news.

If I was looking at a refrig/freezer combo for $1698, and the store said, "Big sale today only! Take $20 off and pay only $1678!" ....how excited would you want me to get?

I mean, really. BTID: Buy The Inconsequential Dip.

Tue, 12/18/2012 - 12:58 | 3075061 Samsonov
Samsonov's picture

Short term treasury holders are getting their faces ripped off....SHY down 0.03% today!

Tue, 12/18/2012 - 13:00 | 3075069 Spastica Rex
Spastica Rex's picture

Please - hyperventilate, or GTFO.

Tue, 12/18/2012 - 13:00 | 3075064 CH1
CH1's picture

Once again... There are no markets.

All of it is manipulated continuously. Even physical metals are manipulated because the quoted prices are for paper PM contracts.

This WILL eventually fall apart. Wish I knew when and how.

Tue, 12/18/2012 - 13:29 | 3075165 Imminent Crucible
Imminent Crucible's picture

HEY! This is America. We don't want to hear a bunch of reality. Just take a Klonopin and turn on the fireplace video.

Tue, 12/18/2012 - 14:53 | 3075444 catacl1sm
catacl1sm's picture

+1 for Klonopin!

Tue, 12/18/2012 - 13:34 | 3075180 SmallerGovNow2
SmallerGovNow2's picture

Until then CH1, every smack down is an opportunity to keep on stackin....

Tue, 12/18/2012 - 13:54 | 3075241 Raymond Reason
Raymond Reason's picture

This is engineered as part of the gift exchange following the lighting of the last candle of Hanukkah. 

Tue, 12/18/2012 - 14:48 | 3075426 TraderTimm
TraderTimm's picture

Don't worry guys - in the future we'll have an APR of 25.9% - so says "Total Recall" (2012).

http://goo.gl/hBt4y

And Apple will be reduced to selling security scanners after Android kicks their asses:

http://goo.gl/jiDNU

Tue, 12/18/2012 - 12:38 | 3074935 flacon
flacon's picture

Good opportunity to buy puts. 

Tue, 12/18/2012 - 12:56 | 3075047 Boilermaker
Boilermaker's picture

Are you still clinging to that thesis?

Tue, 12/18/2012 - 12:56 | 3075049 walküre
walküre's picture

You're gonna say the same when SP is +20% from here?

Buy ANYTHING BUT paper as long as the paper you still have, buys you something tangible.

Long, short equities .. it's all bullshit. A mirage. We're in hyper drive approaching the end of the paper orgy. It's all bad out there and is getting worse. Fiscal cliff is a joke when we're staring down a FISCAL BLACK HOLE that cannot be escaped.

Tue, 12/18/2012 - 13:01 | 3075074 CH1
CH1's picture

Good opportunity to buy puts.

Good opportunity to buy physical at a discount.

Tue, 12/18/2012 - 13:30 | 3075169 e_goldstein
e_goldstein's picture

"Good opportunity to buy physical at a discount."

if any can be found.

Tue, 12/18/2012 - 15:11 | 3075504 caconhma
caconhma's picture

These are Central Banks manipulated markets. There is nothing there about values or fundamentals.

Financial markets became casinos where Goldman is “a house manager” and everybody else are visitors and/or guests. A “casino house” is always wins and everybody else must win or lose from each other.

To prevent insurance companies, various pension funds, and general economy from a collapse and civil unrest, FED must keep the market going up. Consequently, to make money one must either have “insider” info or to anticipate and follow the “house” moves. Therefore, it is all about momentum and trend paying.

In a long run a “casino economy” will inevitably collapse (like it has happened with Soviet and Mao centrally controlled economies).  And only then the US and EU economies and markets will return its fundamentals.

As for gold, Central banks are buying gold, consequently, they keep gold prices “low”. FED cannot monetize more than $1T annually for too long without a runaway inflation.

 

Tue, 12/18/2012 - 12:39 | 3074936 malikai
malikai's picture

Gold and silver are no surprise. S&P is just about there. And WTI is right on target.

Tue, 12/18/2012 - 13:44 | 3075159 Anasteus
Anasteus's picture

Gold and silver are no surprise?

Well, it depends on how you take it. If you consider the fundamentals it's a BIG surprise. If you look at the paper game and the recent cartel's "weeee'll show them!" scaring mentality, than you're right, no surprise.

I am really scared... only 5 new Philharmonikers can make my day.

Tue, 12/18/2012 - 12:38 | 3074937 nobusiness
nobusiness's picture

The New Normal

Tue, 12/18/2012 - 12:39 | 3074938 Debeachesand Je...
Debeachesand Jerseyshores's picture

From the charts it looks like they are ready for a swan dive over the "fucking cliff".

Tue, 12/18/2012 - 12:39 | 3074939 Killuminati
Killuminati's picture

SATAN CLAUS BUYING FRENZY FOR THEIR PAGAN RITUALS AND TO MAKE NIMROD HAPPY ON HIS BIRTHDAY DEC 25. 

 

Tue, 12/18/2012 - 12:40 | 3074940 David99
David99's picture

It is all rigged Ponzi Casino. JPM & GS do maximum manipulations from London as no regulators are looking what is going on daily. London is the best place to manipulate Ponzi Casino as no regulators as they are watching porno. Manipulations of highest order without any regulations as every one has been purchased and regulators watching porno. In last 10 trading days, Rio Tinto manipulated by +25% gain and regulators watching porno. JPM doing it. It is just Casino and nothing else. Regulators are watching porno, don't know how Rio Tinto is manipulating daily. On LSE, there is no checks and balances and maximum manipulations daily by Rio Tinto. The market is Casino and the biggest manipulated stock is Rio Tinto and JPM is pulling up daily and no regulations for Rio Tinto in London

Tue, 12/18/2012 - 12:44 | 3074966 kridkrid
kridkrid's picture

$1000 fake Internet dollars if david99 can answer this question. What is 2+2?

Tue, 12/18/2012 - 12:49 | 3075003 SilverIsKing
SilverIsKing's picture

David will answer our question when he's done watching porno.

Tue, 12/18/2012 - 13:15 | 3075122 silverserfer
silverserfer's picture

if you order our manipulatings sir we will geeve you 2 free pornos and 3 free ring dings...

Tue, 12/18/2012 - 13:10 | 3075103 Canadian Dirtlump
Canadian Dirtlump's picture

2+2 = leopard skin.

Tue, 12/18/2012 - 13:13 | 3075114 Papasmurf
Papasmurf's picture

$1000 fake Internet dollars if david99 can answer this question.

 

bitcoins

Tue, 12/18/2012 - 12:47 | 3074986 Temporalist
Temporalist's picture

Which stock?  Rio what?  Rigged what?  You need to repeat yourself to be more clear.

Tue, 12/18/2012 - 12:54 | 3075039 pods
pods's picture

I think someone mentioned that same manipulation on like the last 8 threads?

Oh nwm, it was David.

pods

Tue, 12/18/2012 - 20:02 | 3076812 Raymond Reason
Raymond Reason's picture

Rio Tinto is, or was a front company of the Rothschild family according to Eustace Mullins.

Tue, 12/18/2012 - 13:02 | 3075077 GMadScientist
GMadScientist's picture

I infer that you watch a great deal of porn and lost some money on Rio Tinto.

 

Tue, 12/18/2012 - 12:40 | 3074942 mktsrmanipulated
mktsrmanipulated's picture

this is what you get when u get rid of floor traders and pits

Tue, 12/18/2012 - 12:56 | 3075048 oddjob
oddjob's picture

5 guys named Vinny.

Tue, 12/18/2012 - 12:40 | 3074943 Martdin
Martdin's picture

It's the MOST wonderful time of the yeeeeeeear...

Tue, 12/18/2012 - 13:48 | 3075222 dogbreath
dogbreath's picture

Merry Christmas thin market slap down slap up slap down............

Tue, 12/18/2012 - 12:41 | 3074944 VonManstein
VonManstein's picture

Perception management is working. Some trader just said "there is no inflation look at gold"

Tue, 12/18/2012 - 12:41 | 3074946 nobusiness
nobusiness's picture

CNBC narrative "All the prepers are returning their guns and selling there goldand silver"

Tue, 12/18/2012 - 12:44 | 3074972 HANKREARDON
HANKREARDON's picture

so you are the one still watching CNBC. good to know.

Tue, 12/18/2012 - 12:45 | 3074980 SheepDog-One
SheepDog-One's picture

LOL, well if they're actually saying that then they're simply lying, gun and ammo sales have never been higher smashing all records. 

Tue, 12/18/2012 - 15:10 | 3075503 DosZap
DosZap's picture

LOL, well if they're actually saying that then they're simply lying, gun and ammo sales have never been higher smashing all records.

SD-One, Yep.

Just stopped by my local shop, usually they have 8-10 used AR's, and 10-15 New.

ZERO in .308/7.62x51.

4 new(and they had the prices Jacked UP), zero used,least amount of these I have seen there in 3-4 yrs.

No 7.63x39 Clones period.

People buying 1000 rd cases of ammo, and 30rd mags(jacked up), like crazy.

They will out of all by Fri, easily.

Tue, 12/18/2012 - 12:45 | 3074981 Oldballplayer
Oldballplayer's picture

But the President shed a tear and said that he was going to work really hard before his 17 day Hawaiian vacation to fix everything. And boehner cried too.

So everything is NOT going to alright?

I am sooooo confused.

Tue, 12/18/2012 - 13:34 | 3075179 Captain Benny
Captain Benny's picture

I'm still waiting for someone to show me any tears coming out of Obama's eyes.  It was all a scripted show... people really believe anything they're told..... wow.

Tue, 12/18/2012 - 12:50 | 3075012 hairball48
hairball48's picture

CNBC narrative "All the prepers are returning their guns and selling there goldand silver".

Not all of us. Rest assured of that.

Gold bitchez!

Tue, 12/18/2012 - 13:14 | 3075121 Papasmurf
Papasmurf's picture

Bitch'z gold

Tue, 12/18/2012 - 16:12 | 3075818 jerry_theking_lawler
jerry_theking_lawler's picture

I was in that camp as well until a tragic boating accident. It went down with my gold, silver, ARs, semi-auto shotguns and pistols, and all ammo. All I have left is a pump shotgun and .38 revolver....

I'm basically back to the 1900s in firearm technology. Damn the boats.

Tue, 12/18/2012 - 13:07 | 3075088 The Fonz...befo...
The Fonz...before shark jump's picture

Don't forget to add that they went back re activated or set up a Facebook account and have signed up to groupon looking for hot deals so they can shop then they signed up to twitter to sing praises of money saved shopping and all the great deals out there

That's the full cnbc narrative lol

Tue, 12/18/2012 - 12:41 | 3074955 unrulian
unrulian's picture

Sale 

Tue, 12/18/2012 - 12:42 | 3074957 SmoothCoolSmoke
SmoothCoolSmoke's picture

Alls I can say is: W.T.F?

Tue, 12/18/2012 - 12:44 | 3074963 EscapeKey
EscapeKey's picture

WTF is the new normal.

Tue, 12/18/2012 - 12:44 | 3074960 Cookie
Cookie's picture

Playing into Oriental hands again with Chinese New Year on the horizon

Tue, 12/18/2012 - 12:42 | 3074961 EscapeKey
EscapeKey's picture

Everything has been fixed; Greek debt issues are non-existant, everyone in Spain has gone back to work, and Japan's demographic crisis has suddenly disappeared as due to Fukushima, everyone's now 30 years younger.

 

Tue, 12/18/2012 - 12:43 | 3074962 LouisDega
LouisDega's picture

.

Tue, 12/18/2012 - 12:43 | 3074964 Element
Element's picture

GFC!!! talk about sychronised moves

Tue, 12/18/2012 - 12:44 | 3074965 Fourth Horseman...
Fourth Horseman of the Apocalypse's picture

Anyone notice HYG?  Collapsed in the last 20 minutes.

Tue, 12/18/2012 - 12:44 | 3074967 Temporalist
Temporalist's picture

"Must. Make. Gold. Tank. Not. Go. Up. Again. Annually...(pant pant)."  Merry Holidays -  The Cartel

Tue, 12/18/2012 - 12:44 | 3074969 Dr. Engali
Dr. Engali's picture

Infinite fiat printing gives them infinite power to move markets the way they see fit. The suppression of precious metals can't last forever as more physical is taken off the market.

Tue, 12/18/2012 - 12:48 | 3075000 unrulian
unrulian's picture

"can't last forever" ....but you said "infinite"

Tue, 12/18/2012 - 12:55 | 3075032 Dr. Engali
Dr. Engali's picture

I said gives them infinite fiat to use , but that doesn't mean that the markets will react the way they want them to.  Eventually gold ,which is finite, will break free from the paper market. The paper market may say one price, but try to get your hands on it at that price and watch the holders of physical laugh at you.

Tue, 12/18/2012 - 12:56 | 3075043 FoeHammer
FoeHammer's picture

Ah, the paradox of all societies.

Tue, 12/18/2012 - 12:44 | 3074974 gjp
gjp's picture

Don't forget AMZN and the stupid tech bubble which I thought ended 13 years ago.  No earnings, constant disappointments on top and bottom line, yet guaranteed to make a new high today, up 6% for the (1.5-day old) week already ...

Actually nice to see gold decouple, even if in the wrong direction.  That'll reverse when they finally lose control.

Tue, 12/18/2012 - 13:01 | 3075070 Aurora Ex Machina
Aurora Ex Machina's picture

You're on the wrong end of history for that trade.

Amazon.com Inc. said Monday it is buying Kiva Systems Inc., which makes robots used in shipping centers. The $775 million acquisition comes as Amazon continues its heavy spending on fulfillment centers to help fuel its business.

While the Seattle-based retailer has used some automation in its fulfillment centers in the past, it has depended heavily on people, hiring thousands during the holidays to cruise through football-field sized warehouses to pick items from shelves.[March 20th 2012,WSJ]

 

Everyone's been waiting for this, and all the sorting warehouses are built with it in mind. Same thing goes for Apple, and Foxconn ~ robots work, American workers obsolete, return home to the space-ship for profits and PR.

Tue, 12/18/2012 - 13:13 | 3075113 tickhound
tickhound's picture

I'm out of the loop on new model government teets... Anything in a beige?

http://www.youtube.com/watch?v=V7DNYocXvR0

Tue, 12/18/2012 - 13:15 | 3075123 LawsofPhysics
LawsofPhysics's picture

" American workers obsolete, " -  Riiiiigggghhht.  Well then, I am sure they will just go away peacefully.  Good luck with that.

Tue, 12/18/2012 - 13:21 | 3075140 tickhound
tickhound's picture

LOL... still dreaming in black&white?

Tue, 12/18/2012 - 13:22 | 3075145 LawsofPhysics
LawsofPhysics's picture

Someone sure is.

Tue, 12/18/2012 - 13:25 | 3075152 tickhound
tickhound's picture

K, I'll fix it for you then.

"Work is becoming a small club, and pretty soon, you won't be in it"

Tue, 12/18/2012 - 15:04 | 3075484 catacl1sm
catacl1sm's picture

Who will Amazon sell to once everyone has been replaced by a robot? A robot? Economies are econsystems.

Tue, 12/18/2012 - 15:38 | 3075617 tickhound
tickhound's picture

Whaddyamean?  Didn't you grab your government teet?  They hand the shit out these dayz.

OR, the rat race of monetary corporate.gov profit growth is changed.

All further questions should be directed to Jeffrey R. Immelt, GEUSA.gov, AUTOMATION CZAR.

Tue, 12/18/2012 - 12:46 | 3074975 slaughterer
slaughterer's picture

GOLD - 1.23%

AMZN +2.80%

Tha JPM "fiscal cliff war room" has a big gun.  

Tue, 12/18/2012 - 12:51 | 3075019 EscapeKey
EscapeKey's picture

With a P/E ratio of almost 3,300 who can resist the bargain that is AMZN?

 

Tue, 12/18/2012 - 12:58 | 3075058 Boilermaker
Boilermaker's picture

Certainly not the FED, which is all that matters.

Tue, 12/18/2012 - 12:44 | 3074976 Vashta Nerada
Vashta Nerada's picture

Someone has been messing with the script again...

Tue, 12/18/2012 - 12:45 | 3074978 mrktwtch2
mrktwtch2's picture

whats the matter??..stay away from rio tinto if you thinkits being fudged..lolk..havent you ever seen a manipulated stock before (hint apple in the last 5 weeks)

Tue, 12/18/2012 - 12:46 | 3074992 SheepDog-One
SheepDog-One's picture

I'd say Apple manipulation qualifies for a far longer timeline than a few weeks.

Tue, 12/18/2012 - 12:51 | 3075016 drivenZ
drivenZ's picture

you're confusing manipulation for a game of musical chairs and/or a small bubble. Apple was not manipulated. 

Tue, 12/18/2012 - 12:45 | 3074979 David99
David99's picture

FED+BOE+ECB+BOJ are the biggest manipulators and JPM +GS +20PD's act on their behalf in this Ponzi Casino. It is all rigged Ponzi Casino. JPM & GS do maximum manipulations from London as no regulators are looking what is going on daily. London is the best place to manipulate Ponzi Casino as no regulators as they are watching porno. Manipulations of highest order without any regulations as every one has been purchased and regulators watching porno. In last 10 trading days, Rio Tinto manipulated by +25% gain and regulators watching porno. JPM doing it. It is just Casino and nothing else. Regulators are watching porno, don't know how Rio Tinto is manipulating daily. On LSE, there is no checks and balances and maximum manipulations daily by Rio Tinto. The market is Casino and the biggest manipulated stock is Rio Tinto and JPM is pulling up daily and no regulations for Rio Tinto in London

Tue, 12/18/2012 - 12:45 | 3074983 Element
Element's picture

Who's been feeding the algos bad tuna again?

Tue, 12/18/2012 - 12:45 | 3074989 HANKREARDON
HANKREARDON's picture

I am sure no one is selling gold to pay 2012 cap gains rates.    I am sure no one is selling gold to pay for excessive health insurance premiums. I am sure no one is selling gold to put $4/gallon gas into their car....

 

I am sure that The FED has nothing to do with the price of Gold. 

Tue, 12/18/2012 - 12:49 | 3075004 mktsrmanipulated
mktsrmanipulated's picture

the fed is the largest hedge fund in the world....i am sure they can move, control, and manipulate mkts and is doing so 

Tue, 12/18/2012 - 12:46 | 3074991 mktsrmanipulated
mktsrmanipulated's picture

i knew a guy who was thrown out of the business for shorting penny stocks as a mkt maker....they charged him with dominating and controlling a mkt....guess that doesnt apply to on the upside (mkt appreiciation)

Tue, 12/18/2012 - 12:46 | 3074994 Super Broccoli
Super Broccoli's picture

why the hell are gold and silver going down when everything goes up vs dollars ! ?

Tue, 12/18/2012 - 12:50 | 3075011 Vashta Nerada
Vashta Nerada's picture

Usually that signifies a glitch in the matrix

Tue, 12/18/2012 - 13:00 | 3075065 unrulian
unrulian's picture

i just saw the same cat twice

Sat, 12/22/2012 - 15:37 | 3089868 MeelionDollerBogus
Tue, 12/18/2012 - 12:51 | 3075017 Bastiat009
Bastiat009's picture

Because people believe you can make more money elsewhere. Gold is just a toy for trader, nothing else ... just like a facebook stock or the euro ... I am not saying it makes sense though.

Sat, 12/22/2012 - 15:34 | 3089864 MeelionDollerBogus
MeelionDollerBogus's picture

It's the repeating pattern from 277 weeks ago. Following high-line of the trend-channel. Picture here, price overlaid with ROC 277-week trend I just mentioned:

2012 06 18 277week roc 02 goldpricemodel 2011 Jan to 2012 Dec 28

here you see the matching of prices detected by this trend line & channel:

2011 dec 27 gold 01 | goldpricemodel | 277 week ROC visual confirmation

here you roll it out & compare with new data, so June's chart is added with data for Sep then again for Nov with a prediction slapped on there (colored shade-areas) just for fun (which is hard within the green/red high/low boundaries determined by math).

2012 09 18 277week roc 01 | goldpricemodel - http://stks.co/nAfJ

2012 11 05 277week ROC -goldpricemodel

You can follow the ROC changes 52 & 277 week here:

roc 52,277 weeks monitor $gold spot

and the roc 52-week pattern has been rolled out now to a prediction:

goldpricemodel 2013 roc 52-week as compared to 1980-present gold 52 week ROC 1980 to 2011

goldpricemodel 2013 projection

Tue, 12/18/2012 - 12:48 | 3074995 Element
Element's picture

Someone sold PMs and spent elsewhere ... in a big way

Tue, 12/18/2012 - 13:09 | 3075101 viahj
viahj's picture

PDs in UST auction week, with falling Indirects...?

Tue, 12/18/2012 - 12:49 | 3074996 Bastiat009
Bastiat009's picture

When the market proves all your calls wrong, it may not be the market that is silly.

The gold crash has been impressive since QE5 (whatever you call it) ... where are all the people who said that QE4 would send gold past $1900/oz?

Tue, 12/18/2012 - 13:12 | 3075059 gjp
gjp's picture

sure, people made bad short-term calls on the logical direction of an illogical and manipulated market ... but please, care to elucidate how the market here might not be construed as silly?

Tue, 12/18/2012 - 13:14 | 3075111 TWSceptic
TWSceptic's picture

The market is rigged, so of course it's silly, as is your comment.

 

BTFD.

Tue, 12/18/2012 - 13:28 | 3075158 fuu
fuu's picture

Here's one for you too since you're asking so nicely.

<huggles>

Tue, 12/18/2012 - 12:49 | 3074997 SheepDog-One
SheepDog-One's picture

Must....Pump...All-Out for 'election'...whole year.....then....reality sets in... 

Aw well not so much after all.

But stand by for announced 'end of year panic selling due to tax increases'....yea well I'm not holding my breath for that one either.

Tue, 12/18/2012 - 12:48 | 3074998 chancee
chancee's picture

Just pull up a 15 minute chart of the four days preceeding Christmas over the last couple of years... this is standard procedure.  Also note the declining volume over those same four days.

Tue, 12/18/2012 - 12:48 | 3074999 mktsrmanipulated
mktsrmanipulated's picture

so the big talk is of fiscal cliff, tax ramifications...ie long term and short term cap gains....all Financial advisors are out advising customers to sell any product they may have that has a long term capital gain because next year is unknown how they will be treated....then how the fuck do we keep rallying

Tue, 12/18/2012 - 12:50 | 3075007 Element
Element's picture

Q.E.

Tue, 12/18/2012 - 12:55 | 3075037 CPL
CPL's picture

Debt.  More specifically yours and your neighbour's spent by elected members on your behalf.

 

Feel better yet?

Tue, 12/18/2012 - 12:50 | 3075008 Bansters-in-my-...
Bansters-in-my- feces's picture

Gold did not cliff dive,it had an anvil tied to it and it was pushed off.

Fuck yous bankers.....

Tue, 12/18/2012 - 12:50 | 3075009 Zer0head
Zer0head's picture

there is another shoe to drop - boner speaks then hairy speaks next up (insiders have been advised) O and the grand bargain all in time for the Holidays to begin

aloha mothefuckers

Tue, 12/18/2012 - 12:50 | 3075010 David99
David99's picture

ZH is only doing good job and reporting correctly. Tyler is a real true person though I have never met him. FED+BOE+ECB+BOJ are the biggest manipulators and JPM +GS +20PD's act on their behalf in this Ponzi Casino. It is all rigged Ponzi Casino. JPM & GS do maximum manipulations from London as no regulators are looking what is going on daily. London is the best place to manipulate Ponzi Casino as no regulators as they are watching porno. Manipulations of highest order without any regulations as every one has been purchased and regulators watching porno. In last 10 trading days, Rio Tinto manipulated by +25% gain and regulators watching porno. JPM doing it. It is just Casino and nothing else. Regulators are watching porno, don't know how Rio Tinto is manipulating daily. On LSE, there is no checks and balances and maximum manipulations daily by Rio Tinto. The market is Casino and the biggest manipulated stock is Rio Tinto and JPM is pulling up daily and no regulations for Rio Tinto in London

Tue, 12/18/2012 - 12:50 | 3075013 ak_khanna
ak_khanna's picture

The stock, commodity and currency exchanges have been reduced to gambling dens whereby the more powerful traders with deep pockets move the markets to maximize their own profits at the expense of the remaining not so powerful players. The big boys have enormous money power to move the markets in the direction which results in maximum profits for themselves. They effectively use the media to lure the other players in the market to a position where they would incur maximum loss.
The markets will fall only when the banksters have eliminated all the short positions and only they themselves have positioned themselves to profit when the market falls
OR
When an unexpected world event catches the banksters with their pants down and the softwares they use to rig the markets go berserk beyond their control.

http://www.marketoracle.co.uk/Article35345.html

Tue, 12/18/2012 - 13:00 | 3075072 Boilermaker
Boilermaker's picture

Golly...no shit?

Where can I learn more?  Oh, there's a link right there for convienence.

Thanks Captain Obvious!

Tue, 12/18/2012 - 12:51 | 3075015 LongBalls
LongBalls's picture

WHO F'ing cares! The only reason any of this means crap for fiat converting gold money players is if you are trading using leverage. And in that case you probably need to be slapped in the face. BTW

Tue, 12/18/2012 - 12:51 | 3075020 Yen Cross
Yen Cross's picture

 Let's get those crude prices ramped up just before everyone hits the road for the holidays.../s

 Cocksuckers/

Tue, 12/18/2012 - 12:52 | 3075021 q99x2
q99x2's picture

Dollar's crashing everything is going up comparatively. Nothing to see here move along.

Tue, 12/18/2012 - 12:53 | 3075027 SheepDog-One
SheepDog-One's picture

'The market has gone a little wild today'....TODAY? How about the last 3 fucking years its been nothing but 1 day more insane than the next!

Tue, 12/18/2012 - 12:54 | 3075038 ebworthen
ebworthen's picture

INSANITY!

Homebuilders up 100%-200% in 2012.

The FED buying Mortgage Backed Securities guarantees housing bubble part two.  Homebuilders?

Christmas/Hanukkah robot algo sector virtual rum/nutmeg infused eggnog and whipped cream rally.

Tue, 12/18/2012 - 12:54 | 3075040 Element
Element's picture

Buy the PM dip bitchez

Tue, 12/18/2012 - 12:55 | 3075045 Bastiat009
Bastiat009's picture

Why? You're selling?

Do NOT follow this link or you will be banned from the site!