This page has been archived and commenting is disabled.
Presented with no comment.
(h/t Andy Y)
- advertisements -
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
And/or 1987.
"Those guys are fags."
-Spicoli
See 15APR2013s inventory of 100 ozt. bars on APMEX graphically. People sure took advantage of the sale!
http://gold-silver.us/forum/showthread.php?27317-GSUS-APMEX-Precious-Met...
If you want to buy bulk and get better deals avoid APE MEX...APE MEX is good if you want to purchase a couple of ounces...
Try www.tulving.com they ship for free and also lower premium costs around....And no I am not a shill for Tulving...just letting everyone know that a better deal exists if you intend to buy in bulk...
Somebody adjust that graph for the coefficient of QE.
Seriously ZH?
I'm not saying we aren't in deep doo-doo but when you make lame comparisons like this you start to undermine the ability of people to take you seriously.
Two aspects of two very dissimilar charts that track different indexes from two different points in history showing brief similarity!!?? Call my broker!!!! (sarc)
Thank you!
One has a 300% run up while the other a 25%, but through the power of secondary y-axis charting, LOOK THEY'RE ALMOST THE SAME!
Don't confuse me with math...just be amazed that some shapes look alike. A round peg will fit in a square hole if rhe radius equals half the height of the square.
Would that be half the width of your square hole of are all square holes cubes?
both defy gravity for a moment in time, much like a ball in the air, about to turn back to earth
Thank You! I was just about to say...
It worked for MSFT -> AAPL and what’s dissimilar in highly correlated markets? My read of NASDAQ and S&P 500 is nearly 99% correlation: http://scharts.co/ZYLG70
I see every reason to expect the outcome depicted.
Except they were virtually out of silver when the weekend started. No eagles or maples. Most everything else was gone too. But yes Tulving has best premiums for big orders.
Also his website was down for the better part of the weekend too.
Sounds like a shill from APMEX is selling his wares on ZH.
I am not a shill from APMEX. I am a shill from www.gold-silver.us/forum! And a shill for ZeroHedge, too.
GONNA be a SHILLIONAIRE! :D
If someone has more money then better just buy future contract from
Crimex at paper spot and ask for Delivery.
Tulving sucks.
They promise next day shipping but 2 out of my 3 orders were shipped 3 day ground. The little green boxes were dated almost a month after my last order, so how can that be in stock. I called Karen everyday and would get a "confirmed shipment date" only to have that come and go. Maybe if your ordering millions of $ worth you get a price break otherwise they are the exact same price as everyone else. Never again.
I have not had a problem with Tulving. Used them several times. Place Order. Wire funds. Tulving normally ships within a day or two (they don't ship on Fridays) of your funds clearing. Product comes Overnight-Air, registered and insured. No problem.
Watts_D_Matter,
I can't see your chart unless I register on the forum. Could you upload it to imageshack instead so I can see it?
Apmex is down to around 100 Kilos of large Ag bars.
WB should make a photoshop of Wayne's World with Wayne and Garth's face replaced with the likes of Bernanke and Krugman......Party ON Bitches!
But nasd never came back.
YOu can't compare turds to candy coated turds.
ONly turds and turd coated turds.
IMHO: One of the many factors that contributed heavily to the popping of the tech bubble was the "Milennium Bug" and the fact that many companies spent many millions on new hardware & software to avoid any problems. After the turn of the century the volume of new tech sales dropped like a stone, and so did the "market". This time things are different.
It's always good to be underestimated.
Donald Trump
I was thinking more like 1939. Maybe we can invade Poland, too.
Peace for our time, bitchez...
Wee-weed-up....I believe the dump that's coming will make 87 and 99 look like nothing.
Pffft. So what you're saying is, when TSHTF, a year in the DOW will look like an average day on Mt Gox? People just need to man up and enjoy the rollercoaster. I mean, from $90 to $50 back up to $80 and now down to $65. Just an average day in the brave new world of BTC.
It’s better than volatility … IT’S MAGIC (the gathering)
Now if only they’d change the URL to BtTox that might be more accurate.
any dow-gold ratio less than 1 will do fine. am i asking for too much?
Like I said back in February....
The Stock Market Crash of 1999 repeats in 2013History rimes.
Rims and rams, I would say.
Or is that Ving Rimes?
No wait, I have it, LeAnn Rimes
Busta...
BOND.
RHAMES BOND. Where the zombies at?
http://www.undeadreport.com/wp-content/uploads/zombie-shotgun-ving-rhames.jpg
Chart match search works real well.
Let's see if it ends up fitting as well as the APPL/MSFT overlay did....
That's what they want us to think, then they burn the shorts!
If the market goes down the terrorists will win.
I'd say the terrorists are already winning while the "market" goes up.
Listening to a neo-con doctor the other day he said that we don't win in Af-Pak the "Taliban will be running our health care system".
Would that be some sort of progress?
Much cheaper with the same results.
Our health care system ends with a death "with dignity" via morphine under hospice "care".
The Ak-Pak Taliban and similar war tribes traffick in opium.
So, the man was correct, without knowing it.
Anything is better than the insurance companies!
Definitely progress...
...and good cheap pain meds.
Awwww, comon...
COMMENT!!!
In the stock market it's faster to run downhill, but CNBC says gold probably won't bounce because it is a "heavy metal." Nice analysis.
Plus it's not backed by anything.
http://www.youtube.com/watch?v=ZLL2r3hXmjA
Oh, how could we forget
no way!!! 1200 is still about 150% over valued!!
Only if we ignore the magnitude differences of the scales does this seem ominous...
Right! 25% run up vs 200% runup? Not really the same...
I, expect the best, and prepare for the worst.
They will let it pull back a bit now because they think they have discredited the traditional barbarous relic and they think they have perfected the ability to modulate the business cycle.
I think you're correct in your [assessment] of the ponzi. Good comment Manthong.
Why let it pull back? Why not just have it keep going up if they have total control?
Modulating is the key.. (Stockman noted Bernanke in new book)
The cycle is inevitable, but they feel they have supreme control.
unless you are talking about a 5% correction.....anything bigger than that threatense the last bastion of hope which is teh wealth effect. Take that away and it's just a world of shit.
But but investir-cat wants teh wealfs!!
http://www.theadvocateweblog.com/wp-content/uploads/2013/01/wise-investor-cat.png
The cycle is inevitable, but they feel they have supreme control.
Hubristic bastards. Pride comes before the fall.
That's what I used to say. Now this is like skynet. I am starting to think the bad guys won.
Um.. they win until everybody loses.. unless it is different this time.
If only we had a shitload of molten steel.
lol.
Last comment.. evil happens when hubristic control freaks feel they are doing God’s work imposing their empiricist formulas upon human nature.
ditto ;)
Does that include sheeple herds forming easily predicted herds, begging to be front-run?
The robots are now in omnipotent control! http://www.youtube.com/watch?v=-ltORkYAdVk
Yeah! 1999 was cool. Remember the hype about "year-2k-bug" and stuff? :)
Well it wound up to be true. My Zippo wouldn't light that morning.
I always thought of something like that, and now this.
That's the one! You hit a home run with the APPL/MSFT chart but this chart here looks like a winner to me. Expectig dollar to soar and all those foreigners with loans in dollars who had dreams of hyperinflation... will soon be begging for it.
As I own no stocks and haven't for over 5 years, I find it amusing.
S&P To infinity and Beyond!
http://www.youtube.com/watch?v=ZS2Z19yTuPI
3 billion per day from the Bernanke, indefinitely.
Have fun with that, I'm leaving. All aboard!
nice curve fitting, you must make a lot of money off of this. lol
Not saying you're wrong but you can slice a chart any way you like.
You can’t slice it against the data and the data is history.
Good thing we have bitcoin ATMs... Ostrich-like behavior for anyone else?
In 1999, most of the "Wall Street" sock puppets were just drips on { Gordon Gekkos' <thighs}
2012 looked like, YAY IT'S 2009!!!, shit nope its 2008, YAY WE WERE WRONG IT'S 2009 FOR SURE!!!, oh shit nope 2008, YAY BERNANKE BOUGHT ALL OUR SHIT, YAY 2007, 1999, and 1928 ROLLED ALL INTO ONE, WE'LL ALL BE RICH!!!!!
2yrs to get to spx @ 1200? Please.
More like two years until TEOTWAWKI
This time it's different. We have Bernanke.
BTFD.
gold is allowed to get pummeled for days and drop 10 plus percent so fast, and yet even when it settles, it cant have that dramatic upward turn.
however, if god forbid stocks drop 1 day, bernanke and his criminal friends must make sure that this market goes absolutley green based on absolutley nothing whatsoever.
i wish they all died already
That green squiggly line is starting to look an awful lot like that red squiggly line...I think you're trying to tell us something.
Doc I don't think it's going to happen. 85 billion a month. Yes maybe behind the scene something is brewing but at this point I am so jaded I don't believe it.
You both seem do be a little down lately. May I suggest a full blown rant here and there?
We will drown our sorrows at Applebees tonight when Doc walks over from Target and I am on my shift.
LMAO
LOL....that comment caused one of those embarrassingly loud laughs in the office where everybody looks at you like...wtf is wrong with you?
I'm chuckling
Ha I am glad I got a laugh.
McMolotov remember that total craphole MLS listing I sent you the other day? 300k for that pile? Multiple bids coming in all well over asking price. No bs.
Seriously? That place looked like the junkies' house from Breaking Bad when the ATM fell on the dude's head.
There are too many checks and balances in place for a collapse. A grass roots organization can't collapse these markets and no one is is going to do it, the government has enticed every independant player into their web. Even if huge inertia was created by massive withdrawals from major banks and soft equity investment pulls, the glitch mob would cook the markets until they're so chewy a pirhana couldn't tear 'em apart.
Stop wishing and start hedging your commodities with shorts and currency trading. And for the love of God, don't buy bitcoin -- It's like a fucking pog.
On bitcoin: fully agree. On the crash: the money printing, the lack of real production, add in the bail-ins that will be coming & reference this file http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html
and suddenly collapse is not at all a mystery.
Hey Tylers, can you find us a chart that mirrors the 10-year in gold?
I'm going to call Tyler the "bricklayer" from now on. He's building to the sky.
the market only goes down when the bernank says it goes down, which is to say never
this asshole on cnbc now saying market is ''undervalued''
i hope santelli puts him in his place
Quit torturing yourself. I'm sleeping well at night, and can afford a few "HOBO sandwiches". (CNBS= dead and burried)
Santelli may have had a different reason for the end of the gold trade but he was in full agreement that the gold trade is done. How you like your Santelli now?
Long silver and platinum/ I'm happy ;-)
Silver is $29 Yen, because that is what I paid for it today.
My paper silver hedge is well in the money. I'll send a chart upon request. Fonz you are a smart man. Keep stacking those 10toz bars.
The market is "undervalued" because it can never appreciate in this environment. Each day the dollar is worth less so any company that owns plant and equipment is worth more each day.
Inflation is in stock prices but we keep looking for it in commodities because that is where it traditionally would show up.
That is if the company actually owns the plant, and equipment.
AFAIK most businesses these days don't own much of anything - They're just processes that keep workers / people running inside a squirrel-cage of revolving credit.
Lets face it, they always say "there is a lot of money on the side lines" WRONG...
Most "not all", but most of the companies listed on the exchanges could not survive without people and or funds from pensions, 401K's, other corporate investments, oh, and the big one THE GOVERNMENT. Which in reality is not really theirs, it is in fact investors money. If the market was crashing like it has before, their funds dry up, and then they go under.
There is a false sense that these Corporations are doing great, it is the liquid injection from the FED that is getting them there.
Cheers
Don't underestimate BernanQE's power to POMO another leg up.
True.
Like Yellen just said, 'there's no yeild in it'.
Basically, the free money ain't buyin much anymore.
So its kinda like a Treasury, or a FRN, except with intrinsic value?
From 1999 lyrics. Interesting in light of the past few days...
But when I woke up this mornin'
Coulda sworn it was judgment day
Tryin' to run from the destruction
You know I didn't even care
'Cuz they say two thousand zero zero party over
Oops out of time
So tonight I'm gonna party like it's 1999
War is all around us
My mind says prepare 2 fight
Yeah, everybody's got a bomb
We could all die any day
But before I'll let that happen
I'll dance my life away
We keep seeing the ame doom and gloom, I have been getting my ass handed to me with a short position and anytime I have a glimmer of hope the market will, again, be a market my hope is dashed .
This could go on for ten more years!!!!! Just likie Japan.
https://www.youtube.com/watch?v=c6IZecaMttM
Look at it from the other side. They must be in really deep shit pumping this for 5 years and stil done nothing. Things
Are even worse than then.
All you need is keep away and watch. Time is on our side.
Time is indeed on our side.
Exactly, they're only fooling themselves at this point, the party is over and Bernank needs to stop licking that old Sterno can.
Sheepdog, that was a good comment. Licking the 'Sterno Can' sums it up perfectly!
The question is: what we will really do after?
Nah, lightning never strikes twice (or thrice)?
Seatbelts on and keep hands inside the car during the ride!
Bring it....
-From bourbon land Kentucky
This time it's different. We have Bernanke.
BTFD.
Wow, 2 graphs on top of one another. I guess that's supposed to mean something, or something...
You could have just as easily overlaid gold on that, or oil, or Apple, or whatever. I hate this stupid snide statements of "presented with no comment" bullshit. Like there's something that is blatantly obvious based on a logical fallacy.
Overlay dividend yields.
Yeah, I hate broken records and daytime dramas too.
I would not short this Frankenstein. Belay that noise. March 2000 did not have the U.S. Fed buying everything in sight as part of a stated aim to keep equity markets up. They will not let it happen naturally. Think you can guess when/if the Fed 'Lets it go' ? Good luck to you. Today was yet another example why I covered my short yesterday morning.
They will keep it up until the bank holiday week when they take 10% of your savings and 25% OF YOUR 401K.
and change your wages to UST instead of even fiat, at least 1 year to maturity, no selling allowed
Santelli is just the sock puppet on the other hand. Get real. They all pile into Towne Cars at the end of the day and uptown they go to pop four-figure champagne bottles together. He's not your friend.
Go to the store and you notice what was once a 16 oz bag of vegtables is now 12 oz.
Cans have shrunk as well.
Who said there was no inflation?
Andy Y appears to have too much time on his hands.
That's so dumb. Mess around with the scale and you can make anything fit over anything. This one doesn't even fit that well as the two big S&P corrections in 2012 aren't matched by the nasdaq. We all know the market is going down soon but this kind of poorly reasoned stuff is meat and drink to the skeptics.
Uganda be kitten me. Take a chart, resize the axis, overlay it on something else, then say that the future is already written. Could be done to make gold look like a treasury bill fund since 2009 if you try hard enough.
Conceptually this works well if you compare different windows of the time series, and normalize the price levels to account for the changing dollar metric over time. There then emerge similar price patterns that have predictive value. Comparing two different time series in that way is a bit simplistic.
And it works. It worked for me predicting gold’s future price for 2 years nearly to the day. It worked for Tyler predicting AAPL’s peak & crash nearly to the day.
That’s what real technical analysis is built from, not this nonsense “cup and handle” or “head and shoulders” BS.
80% the Fibonacci stuff is poorly applied too.
NASDAQ went five times over a three year period.
S&P500 is retracing its drop from 2009.
Bit of difference. Nonetheless the point is made.
'
'
'
'
You should drop in the QE dates, just for those new to the game.
I can't remember where they were again…
•J•
V-V
Seriously Tyler?The shape maybe the same,but S&P from 1250 to 1585 is 25%,NAS from 1500 to 4500 is 200%.
Not exactly comparing apples with apples is it?Or is this this just troll bait?
Total garbage when you look at the comparison of percentage moves.
This is intentionally deceptive. No further comment required.
Rising stock markets just reflect a redistribution of wealth and income. I don't know about the short term, seems like the TPTB have a lot more redistributing they can do.
...ah...1999...when a person could get a real job with bennies. Those were the days. Now underemployment is the new national pastime. If the present chart resolves as the earlier one did, our country will be much less financially resiliant than it was at the turn of the century. Economic winter is coming. Is it here, now?
The matching of the lines is only achieved by manipulating the data. The right-hand scale (Nasdaq) shows an increase of 200 percent from trough to peak, whereas the left-hand scale (S&P) shows an increase of less than 25 percent. It's meaningless.
The review from Vancouver is not good. Prince reluctant to play 1999 and other hits. Tickets are $275 each.