Gold & Silver Tumble As USDJPY Hits 120

Tyler Durden's picture

Despite stocks ignoring the momentum ignition efforts, USDJPy just briefly broke 120 once again. That appears to have been the flash signal for 'someone' to dump vast quantities of precious metals in the futures markets... "unrigged"

USDJPY insta-smashed to 120 and backed off...


But that sparked PM selling in size...


But stocks are ignoring it for now...

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aleph0's picture

-5$ Gold is a tumble ?

Publicus's picture

BRICS are selling gold and turning to the yuan. The people's currency backed by manufacturing.

Renfield's picture

Great find, thanks! I think we'll see a lot more of this in North America.

BaBaBouy's picture


?????? IS JAPAN THE Big SHORT Rigger In The Paper GOLD Market ?????

More Evidence Appears...

Renfield's picture

Why not? It's their turn to carry on QE until at least next quarter...

Alea Iactaest's picture

The JPY-Au pair was exposed here. That said, what will JPYUSD at 140 do to the POG?

I was going to type something about how the Japanese are so fucked, but I realized that on a long enough timeline we are all Japanese.

GrowerJohn's picture

You're very welcome. I had originally found out about WWOOFing in Mark Boyle's book "Moneyless Man".

therover's picture

Per the article "It’s important to be in relatively good physical shape"

That leaves out 60-70% of Americans.

db51's picture

What a crock of Total Left Wing Greenie Utopia Bullshit.   Go WWOFING....lmao.   I've got 1,200 acres in row crop production....Can't wait to get my WOOFING operation started.    I'll bet the WWOFERS will be lined up three wide for a mile to apply for the positions....Why WWOOF when you can sit back and let Uncle Obama send you a check every month for housing, food and healthcare.

GrowerJohn's picture

Have you had a chance to read Gaia's Garden? It's a great book.

cynicalskeptic's picture

Seems like SOMEBODY is still interested in gold.....


I wonder if they'll ever bother to drill test whatever is supposedly in Ft. Knox......   but then Tungsten coated with gold provides a more convincing replacement

lordkoos's picture

I had to uprate you just for being an independent thinker instead of the usual ZH echo chamber...

Latina Lover's picture

If the criminal banksters could rig LIBOR, what makes anyone think that gold markets couldn't be rigged?

rccalhoun's picture

what website is there to replace this one.  the sensationalism, marketing etc have driven all the good conversation away.  where can i read and comment on better material?

Renfield's picture

If you want some meaty reading today, Vineyard of the Saker has a huge essay on the Russian-Chinese "Double Helix", with a look back at the key events of 2014.

I encourage you to read the (long) paper in its entirety. It is good for the mind, good for the soul, and great for understanding the 'big picture' of the ongoing shift in power, away from the corrupt Hegemon to the 21st-century Double Helix.

(PS: I'm just looking for posts & comments to pimp this informative paper so thanx for the chance here.)

outamyeffinway's picture

I've had to disable flash just to tolerate ZH anymore.

Abitdodgie's picture

i am running an old OS on a Apple and the flash adds stop me from coming here to often , I to am looking for another site.

DavidC's picture

Firefox with AdBlocking - no ads.


MolotovCockhead's picture

"where can i read and comment on better material?"

How about trying CNBC or Yahoo for a start?

Agstacker's picture

Here, I believe that this is right up your alley-

GotNuttin'todo's picture

The anti-ZH comments are getting a thumbs down. Means you're on the right track. If you want your ego stroked say you are married to gold and shall never part, that Hades himself created the banking world, and that all would be well if we could just peacefully grow corn in our backyard. Physical gold has its place - you just hope like hell you have the opportunity to pass it along to your grandchildren. You don't want to see a world where gold is $5000 - as the saying goes, "Be careful what you wish for, you just might get it."

kill switch's picture

On ZH TUMBLE AND PLUNGE are the watch word,,they need to change it up!!!At this rate these words will have no meaning as the word GAY has been hijacked....As you say aleph0 -5$ is hardly a T or a P!!!!

Soul Glow's picture

Housing market crashes, DJ up 100....

....right.  That makes sense because since the Fed has the QE thingy with the MBS purchases going....

Right?  They're still doing that, right?

KnuckleDragger-X's picture

We have to believe in FED magic, otherwise the real world sucks....

Hulk's picture

always wondered how that looney tune sound effect was spelled...

buzzsaw99's picture

Don't let me hear you say gold's
taking you nowhere,

Run for the shadows, run for the shadows
Run for the shadows in these golden years

I'll stick with you baby for a thousand years
Nothing's gonna touch you in these golden years, gold
Golden years, gold whop whop whop [/Bowie]

Hulk's picture

David Sanborn on Sax !!!

xtop23's picture

All that's missing is Earl Klugh on guitar.

Armed Resistance's picture

Sounds like Monday to me. As a stacker, I can remember long ago when it used to annoy me. Not anymore, as I can see the day is coming when all of the manipulation will be over! It's right around the corner, and it will be glorious!

KnuckleDragger-X's picture

Paper gold is designed to be manipulated because paper money would be butt wipe otherwise....

Kaiser Sousa's picture

as we all now, there is only one purpose behind this kind of phony ass move -

that is to drive the price down...aint nobody selling no mother fucking real Gold or Silver...


disabledvet's picture

Just fly on in to Moscow in your G-5 and buy the place.

"You ain't got it if you ain't flaunting it" bitchez.

cynicalskeptic's picture

Predictable - short week, light volume - RAMP UP THE MANIPULATION!!!

Same old playbook.

Dr. Engali's picture

Just checked the safe, and my PMs are neatly stacked. They haven't tumbled anywhere. 

Winston Churchill's picture

I'm not getting my shovel out to check.

In the safe Doc ?

That my designated decoy.

$1k in cash and paperwork, with hard work trying to get in it..

mayhem_korner's picture



I'm pretty sure mine are still resting at the bottom of the lake where I had that boating accident...

buzlightening's picture

I can't imagine how surprised the gov goon platoon will be when the chaos plug gets pulled on the debt based fiat currency wealth illusion.  How did these citizens know debt based currencies go to zero.  Why did they stack constitutional money; store food and water; guns and ammo?  The better to push you freakin rat bastards into the pit you dug for us!  Some many folks are going to get buried and it won't be those prepared.  We'll have nothing better to do than hunt down the thugs, who deserve no less than what has wickedly been planned to enslave we the people rank'n file citizenry.  

Fix It Again Timmy's picture

Yep, $5 down - gold is cratering, people are throwing it out the window, when walking the dog I have to kick the stuff outta the way....

quasimodo's picture

What is your locale? I will gladly sweep the streets and stand under some windows donning a hard hat.

Caveman93's picture

Silver always tied to oil prices. I dr00l waiting for $5.00/oz silver when oil hits $25/barrel. 

homiegot's picture

Yup, load up. Until then, watch.

Slomotrainwreck's picture

Damn! Looks like I'll have to double down again.

homiegot's picture

That's a 90 degree angle there people. Bwa!

Meat Hammer's picture

Christmas sale on PM's!!!  Let me go rent a truck to back up to the LCS.