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Something Appears To Be Going On With Gold
Something appears to be happening to gold. That something is either China finally revealing its true gold inventory, which is unlikely, or, more likely, the biggest fat finger in the history of gold, as a liquidity testing algo goes absolutely insane in the pre-open period (and loses its job on the BIS' payroll). Or, most likely, just an ongoing bad print.
... and the algo, or the bad feed, or whatever, keeps going. $1400 now.
And... CTRL-Z. The liquidity test is complete as electronic market reopens for trading.
And for those curious to find out what happened, speak to the programmer of whatever the liquidity test was that moved gold higher by $0.10 every second in 1 contract in a diagonal fashion.
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Ah...yeah..I have been watching this for the past ten minutes...WHat the fuck just happened??? Shit.
And silver too. It moved $0.06...lol
It's a foreshadow.
No such spikes at kitco.com nor ounce.me. 24hgold.com shows Au up $172. HAS to be bogus info. Or algos run wild...
Wait for 6:00 EST for Kitco to open.
On NetDania, I see $1,420 right now.
Thank you for the info!
1441. I think they are messing with us.
Simultaneously, Ennio Morricone's Ecstasy of Gold started playing...
Orderly markets;)
he who controls the ticker controls the price?
Many Longtime GOLD Anaysts Beleive That The Phys GOLD In The System Is Leveraged Up To 100 Times Over.
I Think The 100X Number Is Much Much Higher ---> NoOne Is Demending Physical Delivery So This Crap
Can Go On...
So, What Happens When This Paper Charade Collapses???
NoOne except 99% - bitcoin dudes on ZH. You are being played; they pimp physical while trading ETF's as the price moves up to their sweet spot, sell and then rinse and repeat when the yellow metal tanks. Each time, ZHer's WTF happened? I just lost my hat... I bought in a 1700, I bought in at 1900 please tell me what happened?? comments start appearing. After that Faber and Turd get shout downs on here but the game goes on.
Well, for one, we can all rest assured that there is no manipulation of prices, as that would be impossible.
"We don't need no friggin testing!"
maybe they're testing the systems 'self help declared' trigger to halt the market should gold rise to reflect demand and fundamentals
epic fail!!
Chart looks normal to me except for the direction of the move.
Global debt markets at $230 trillion and increasing.
Central bankers printing money with a wild look in their eyes.
All the gold ever mined is worth ~$7 trillion with a small fraction of that available to market.
Paper market in London with an estimated open interest of ~ 500 million oz. (3x daily gross trading volume) and levered 100:1 paper to physical gold.
You do the math.
“James, as you know French leader Marine Le Pen has sent a letter to the French central bank demanding the repatriation of French gold held abroad as well as an end to gold sales. It’s astonishing this happened so quickly because just days ago you predicted other countries would follow the Dutch repatriation:
I haven't yet seen this story posted on ZH. Some may state that this is a fringe blog, but nonetheless, it appears that the French might be moving due to the Dutch actions.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/11/25_S...
If it is true, the Domino effect may soon be seen.
On The Daily Paul:
http://www.dailypaul.com/329901/help-me-herewhat-is-going-on-gold-up-40-...
Goldseek's link:
Gold Chart Error: Concerning the price spike, there was an issue with the data feed & live data is now correct.
http://www.goldseek.com/
I'd be looking into verification of Le Pen's French central bank 'request'. If you find it, it might be helpful.
This would suck, didn't want to dig out my SCUBA shit til spring
A big number with many zeros. In a game with rules made by fake men that told other fakes that the People must make good on counter party losses, but nothing is real here.
What debt in fraud games?
Resistance is futile.
They'll cap this.....but we'll be back.
"We don't need no friggin testing!"
'Hu'ked on Tungsten' Werked for MEE!
https://www.youtube.com/watch?v=Lsaz-H4zZzw
He who controls the Spice controls the universe.
They will "fg" soon.
And this is happening all the while the GOFO reaches all-times negative lows. The 1-month GOFO is now at -0.2975, almost half of when ZH reported on it the last time.
BLOOOOOON DEEEEEEE !!!!!!!!
Buffet just Had a heart attack
Let me know when Kissinger, and Soros, and Sheldon Adelson start feeling chest pains, would you?
Buffet isn't a 'real' member...
Stop teasing us.
I prefer the Metallica version of Ecstasy of Gold.
The world Rothschild central bankers prefer the Metallica version of 'Harvester Of Sorrow'.
Live in Moscow, 1991:
https://www.youtube.com/watch?v=551_hC414UY
Oh, the fucking IRONY!
I would prefer the Scorpions, in 'The Winds Of Change' (but that was a beautiful fantasy, oh so long ago):
https://www.youtube.com/watch?v=n4RjJKxsamQ
Lead and brass and antimony will trump Gold. Air and water and food and shelter and clothing and warmth in the winter...
FUCK.
For your viewing/listening pleasure.
https://www.youtube.com/watch?v=ubVc2MQwMkg
http://www.barchart.com/commodityfutures/Gold_Futures/GC?search=GC*
It's here too. Rollover bug?
Gold and Silver? Who cares. Let me know when it gets to Lead.
NICE To Have ZH Watching GOLD Minute BY Minute...
Sooner Or Later, The GOLD FireWorks Will Happen...
Very true.
+ $55,000
As the dollar approaches 0, gold approaches infinity.
I think there may have been a major boating accident. Quite unfortunate.
http://www.24hgold.com/english/home.aspx
has it at $1435, up $235.
Enjoy it, fishez!
I stood up this fast once...I was stoned and fainted.
After inhaling a bong hit once I fainted and another time I had one of those 'stood up to quick' epilectic fits, complete loss of balance, the bong was okay.
Good, 'cause bong water makes the carpet smell really bad! (or so I'm told :>D)
...not if you use Crème De Menthe. Allows you to inhale all day long. Just don't drop the match...
Smoking ditchweed out of the finest implements still makes one cough and puke and get headaches (so I am told).
Smoking a finer blend (like Cush, or North Redondo Hydroponic) through an emptied-out cigarette is far better than Mexican Seeded Brown through the finest Indian-made bong (so I am also told). If the buds are dark green with a tinge of purple, and stick to the bottom tip of your index finger when you touch them, and leave a taste on your finger that is sweet and earthy, then a good Glass Head Bong might be better than trying to roll it into a paper (someone told me once). If you happen to have a Glass Head resonating chamber pipe, try rolling one up and leaving the ends loose, and then smoking a baggie of ditchweed through the pipe with the 'cigarette' inside. the taste is far better, and the results when tasting the prize are spectacular (so I am told).
WTF is 'Cre'me De Menthe'? Is that a breath mint or something?
It works better if you have a Thai Stick (according to my confidential sources). Most people spell it 'TIE STICKS', because of the fishing line used to TIE the buds to the stick (before it is held over the opium [or whatever] vats to absorb the vapors), but the correct spelling is 'THAI STICKS'; because this practice was started in THAILAND and imported via CIA conduits to the CONUS during the Vietnam 'conflict' using soldiers and other methods. I read about it once in 'High Times' magazine, back in the 1980's (a freind of mine bought one [magazine] for me as a gift once, and I had to honor his thought [by reading the magazine, you know]).
What was that about 'something going on with Gold'? OH... that must be KONA GOLD...
$1201
https://comparegoldprices.com/
$1198.50
http://www.stevequayle.com/index.php
He uses KITCO, by the way.
Is gold rising, or is $ confidence failing?
If confirmed....perhaps it is an indicator of the recognition of the illegitimacy of the Armed Bandits occupying the former United States of Amerika?
If I do a headstand, the chart looks like the last 3 years.
Damn, put this month's'tinfoil' money into green tips, instead of gold maples. Hope I didn't miss a boat here..
Mr. Silver himself David Morgan, was talking about this last night on the radio.
https://www.youtube.com/watch?v=zn-Cab0XRlw
3 hrs later thanks...... got a minute marker?
Up another $20 in less than a minute...Kiss your asses good bye...Right? I am kind of giddddy...are you?
Do I pull the trigger at APMEX...Have 10 ounces ready to go in my cart... at $1200.00
Yes
I just fucking did it $12453.00 CONFIRMED.. Delivered......APMEX....MAPLES BABY...I hope this is true??
You are full of win today!
https://www.youtube.com/watch?v=zn-Cab0XRlw
T'was just a glitch.
TakeAction...sweeet move.
But it was just a disturbance ...
we felt a great disturbance in the Farce.
One of these days...
'Everything that has transpired has done so by My design... Your friends - up there on the GATA moon, are walking into a trap. It was ~I~ who allowed the alliance to know the location of the paper-GLD generator - it is quite safe from your pitiful little band...'
Got the blood up though, didn't it.
One day soon, my friend;)
Cramer says, "Buy, Buy, BUY!"
Congratulations on your new acquisition. You are cordially invited to the large European castle which I will soon purchase out of option proceeds.
Good job. Gold Maples are the bomb.
I wish I could do the same.
There are like 6 dealers that have better prices than APMEX though.
http://www.comparegoldandsilverprices.com/compare-gold-coin-prices/
Oh well...I just added to my stack. That was fun while it lasted...AND ITS GONE. But I still have it coming. Wow. What was that?
Probably a test program running prior to the open of that market. They changed something, and wanted to make sure there were no "blind spots" in reporting various prices/volumes. They forgot they were reporting live. Shit happens.
If you would have asked the same question yesterday, i would have given the same answer "yes"
I already bought this morning. The price should be going down.
My hands are sweating...this can't be real....
I had the same spikes on 10 year t notes and corn along with gold. The spikes are gone now as I refreshed the data in ninjatrader. Not sure why it happened or if it was even real. I seen this before with data feeds. Thats why I hate after hours trading and why I personally think when the system crashes it is when we are sleeping in America. Anyway still nice transaction and nothing like trading a piece of green paper dyed with food coloring for a real asset.
Remain Calm
and Keep
Stacking
Grandmaster Putin Sets His Gold Trap
http://www.goldstockbull.com/articles/grandmaster-putins-golden-trap/
yes, good easy to understand article
how much longer for the check mate?
Did someone give Jim Cramer the keys to the computer room again?
rejoice
BO POLYNY WAS RIGHT WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOo
Weird...but Kitco is busted too...which could indicate more
GoldSeek currently showing $1,373
http://www.goldseek.com/
Whoops!
Make that $1,391
Holy Cow!
$1,409!!!
$1,415!!!!!!
$1,421!!!!!!!!!!!!!!!!!!!!
OMG!!!!
$1,430
$1,436
$1,441
$1,461
Ah, man...
Back to:
$1,201
[But it was one hell of a roundtrip...]
And...It's gone.
Done. $1200
Buy Gold, then wait.
$1,425
$1200
Plop!
The Kitco Asian market price is a dup of the US close. God please let this be real!
Oh shortz...
Paper shorts ROT AND DIE IN HELL!!!!
I am literally dying of schadenfreude.
Higher death toll than from ebola, I'd say.
The Guardian: Swiss Referendum Could Spark Gold Rush https://www.bullionstar.com/blog/koos-jansen/guardian-swiss-referendum-s...
1372 trading and still going north !
To those of you who decided the time was right to start eatng gold, I suggest you stop eating and throw up whatever you've eaten in the past 30 minutes.
That or a very smelly sifting job.
For real?
u bet :)
Hahahahah...WHERE'S THE METAL???????
https://www.youtube.com/watch?v=5NOtoeI55ls
please lord let this be the start...
or the end
Nope - too soon, even if it's true it'll be reversed. All the paper shorts have to clear before it'll be allowed off the deck.
:chuckles:
$1386+++
Where i can see it?
www.goldseek.com
thx
That... can't possibly...!!
http://www.sharpspixley.com/
$1400+
Well, now we have a partial answer to why miners ramped massively into the close while gold price went nowhere...
APMEX is still showing $1200...BUY BUY BUY???
$1413 !!!!!!!!
Please, please..let this be some entity called upon to deliver a massive tonnage of real, physical metal and couldnt' source any....
just a fat finger ....
fat finger
real value
GSR around 100 now..
I don't see anything on ounce.me
Oh well. No rush. Who buys gold with their rent money? I have plenty of time.
Yes, it appears to be going up. We had all forgotten what it looks like.
bitcoin had its fun last year.
now it's gold's turn.
or the joke's on us poor schmucks.
$1435
This is just a data glitch... lookt at the tick chart or minute chart:
http://www.netdania.com/Products/live-streaming-currency-exchange-rates/...
Is Martin Armstrong bullish now or something?
He wrote last week we would get a bounce. But the rmack daddy was down the road
If this is a genuine re-pricing, it is exactly like some little kid looking at today's "markets" and "financial system" and saying "HE'S NOT WEARING ANY CLOTHES!!!!!"
If so, has a long way to go.
will be gutted if this correct
This is absolutely crazy, probably something big is about to happen, as this can't be just a a mere coincidence.
Must be being fueled by short-covering
$1537!
(I'm just posting random numbers)
CNBS called. You're hired!
lawl
Live Gold Price
Bid|Ask 1457.9 1458.7 Low|High 1190.4 1457.9 Change 257.78 21.48%1462 showing now
$1457 lol, at this rate we'll reach a new high in no-time. Too bad it's probably just a glitch.
Not even hearing that it's a fat finger. I'm sitting on a pile of out-of-the-money, short-dated calls on junior miners with which I shall purchase Lichtenstein.
Perhaps just some truthiness leaking into the precious metals market...
http://olduvai.ca
And it's gone...
Well it was fun while it lasted
No such luck...looks like they're "repairing" it
OT: Sony down http://deadline.com/2014/11/sony-computers-hacked-skull-message-1201295288/
Bitcoin Last Price $379
Damn! What was that all about?! Bid back to approximately $1200.00
wow if you guys Hyperventilate on a data glitch i can't wait to see what you do when the real price skyrockets :)
Lol... No one will see me again!