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Gold Jumps As Ukrainian Fighter-Jet Shot Down Over Donetsk
Gold futures broke above $1315 as a double whammy of NATO threats and Ukraine headlines spark safe-haven buying:
- *FIGHTER JET SHOT DOWN OVER REBEL-HELD EAST UKRAINE: AFP
10Y Treasury yields are under 2.43% and JPY is strengthening once again as carry trades are unwound.
As Bloomberg notes, Fighter jet shot down over East Ukraine, AFP reports, without citing where it obtained the information.
As AFP reports,
A Ukranian fighter jet was shot down on Thursday as it flew low over rebel-held territory in the east of the country, an AFP journalist witnessed.
The aircraft crashed into a field after an explosion and the pilot was seen parachuting out in an area some 40km east of the insurgent bastion of Donetsk
The reaction...
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We at $1800 yet?
Someone ask Munger if it's time to start sewing gold into our clothes
FEAR NOT Paper Fiats Plebes...
GOLD (Paper) Is Being Heavily Shorted On The NYC Computerz...
Everything Is Controlled Under...
Don't get all excited, it was NOT John McCain.
pods
Hmm, so the ancient relic is still considered a safe-haven... Imagine that after being told by the numpties in charge that gold is worthless...
just buried a load of bitcoin in the back 40
Thanks to this comment, just LOL'd at incredibly inapproporiate time.
“as it flew low over rebel-held territory”
Does this mean the “rebels” can’t hit anything at altitude.. say 33,000 feet?
That was the purpose of the Ukrainian exercise...
Looks like a pair of short squeezes to me. We can see how the giant short squeeze on the NYSE since 2009 is turning out. Be cautious my friends.
They're sure keeping the leash tight on paper silver though...can't even break 20 as paper gold moves higher.
This means phyzz is still on a screeeeaaaming sale today, "Folks", if ya haven't added to your stack yet!
Oh fuck!
Here we go now!
Watch for market breaking below recent lows that are critical support.
Better yet... Watch for news the pilot was trying to defect!
Charlie Munger should be watched closely. If he is seen sewing gold into his diapers, expect a parabolic movement (in gold, not Munger's diaper) and it'll be too late to buy.
If "someone" nukes Kiev, I see gold blasting to 1350. Good thing Ukraine evacuated their gold. Irradiated gold turns into tungsten.
You do know that the largest nuclear plant in Europe (Zaporizhia NPS) is right in the middle of rebel held territory, and NATO stooges have already attacked it once...
which way do the winds blow over there.
Towards Moscow.
LOL. Ukraine 2 Japan 1 with only injury time left to go.
Actually it is more like Ucraine 1 , Japan 4
Damn they "beef up" fast.
Black Friday preview ?
its getting closer...
like a bad dream that u cant wake up from...
lined with Physical Silver and Gold...
I really don't think we will have a shooting war between NATO and Russia... This war is all about economics and who can outlast who... My money is on the eastern block...
When are we NOT having a shooting war?
Where is McCain when you need him? He is such an expert in crashing jet fighters.
Only the good die young.
Re: "Only the good die young."
Get 'ya a piece of evil ass!
McCain is busy on the Iraq mission....details here
http://politicalhumor.about.com/od/funnypictures/ig/100-Funny-Pictures/M...
Yeah they've got circuit breakers on that bitch in the new normal. It should be jumping by $100 not $10.
Notice that WTI is still under $100.
Who's gonna need oil once we're all sheltering in place?
Oil price low=crappy economy, demand low
Meh.
Where's the beef? Oh, there it is.
You nevermind "where's the beef?"
Sure is allot of passion over there about... (uh).. I sure hope this doesn't turn out to be a bunch of paranoid people fighting about... (uh)..
Gold likes war... It shouldn't be like that, but it's all part of the script.
"Gold likes war..."
Yup. Start a war and quess what is no longer the reserve currency.
How fast do you think fiat will no longer have value when all the waring parties only deal in fiat. The 'Go To Money' ... Gold! When everybody has fiat.
FED on the phone to the 'Commander in Chief' ... in 3-2-1-
zzzzzzzz....zzzzzzzzzz
Wake up you fuckimng idle cunt
A simple test of the bonds of BRIC:
http://www.dailytimes.com.pk/national/15-Jun-2014/top-russian-official-t...
Is this a simple chess move? Is Putin being pro-active, or reactive? If reactive, who initiated the action that caused this reaction?
GSR almost back to 66
"Get Your Kicks on Route 66"
its so silly how they r fighting Silver at the $20 line...
they dont care how obvious it is...
so Gold goes up while Silver goes down????
desperation fills the air.
Of course silver goes down, as it's scarcer.
They need it cheap so they get a deal on those new Tomahawks they will be needing very soon.
(and the September longs are giving them the shits)
I'ma buy some more Monday, too cheap to pass up.
D Street Debbie is pushing seventy these days, but it's an extra ten for taking the dentures out.
Alot of this was on Central Ave, historic Route 66:
https://www.youtube.com/watch?v=XjQumiKbaTw
Get your kicks indeed.
Getting tougher over there without civilian airliners to use as cover.
Yeah, that jet was low. What hospital got bombed underneath him before he bailed?
Too soon CNN: "Ukrainian Jet 'Malaysiaed' Near Donetsk"
Meh, consider the source... CNN = Commissar's News Network...
.wow the media whores sure are trained well to stick right to the script!
Wake me up when the nukes evaporate the lakes so I can collect my stash.
"A Ukrainian fighter jet was shot down on Thursday as it flew low over rebel-held territory in the east of the country..."
Bet they wish they had some A-10 Thunderbolts; and they will if Putin gives them enough time.
Make no mistake: if the Ukies had A-10's without total air supremacy, they would be shot down even faster than the Ukie Su-25s.
The warthog is great if you are just mopping up. If your adversary is shooting strellas and manpads at you, not so much...
Ukrainians shot it down to blame theRussians. I got this information from over-hearing a phone call from the wife of the guy who walks the dog of the butcher who lives down the street from the hairdressor of the assistant to the district manager of the electrical service who provides electricity for the pool of reporters from RT. Swear this is the truth.
Anderson? Anderson Cooper?
Fuck off,, Everyone knows it was on twitter first
here kitty, kitty, kitty . . . . . . let's see if ES enters my target zone of 1890-1905 (ya I know a 15 point box if it were that easy even Obama could be successful trading).
re Fighter Jet Shot Down
Pity it wasn't Victoria Nudelman's broomstick
No, no, no....$2000 by years end!! Really! Or is it $5000 by years end...really! Or 10,000 by years end!! All aboard!
Has anyone been keeping track of how many Ukranian figher jets have been shot down (4?)? I don't believe that the Ukranian air force has many figher jets.
So Kiev has how many left now ? one ?
It's an outrage that they can't safely use airpower to slaughter their citizens. It's Putin's fault.
Canada probably has more on the way for them.
http://www.zerohedge.com/news/2014-08-07/it-begins-canada-send-military-equipment-ukraine
"pilot was seen parachuting out"
PL? UE? US?
Pilot was seen tossing his flight suit from the parachute.
"It's an outrage that they can't safely use airpower to slaughter their citizens. It's Putin's fault."
LOL! Good one!
Looks like 14 by now.. including those 2 transports and helicopters..
So the score is:
Militia 14 : Ukies 1
One wonders where "rebels" get anti aircraft weapons capable of taking down a fighter jet (the third one this month)???
I'm sure its not from a warmongering former KGB guy though.
It's a skeet shoot using the trusty AK. Those men have real gun skills.
I'd send them one if I had one. I consider those guys freedom fighters. (even though they are labled pro-russkie).
Gold jumps... again? Wake me up when the dollar crashes.
Strange how the number '7' can't be found around the wreckage of this particular aircraft.
I just love it when the shiny stuff goes up but I love it even more when the fuckwits dump on it and I can buy the fucking dips
I hope it was the prick who shot down MH 17.
What goes around comes around, Arsehole.