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This is the best post-FOMC performance for the precious metals complex since June 2014... with Gold breaking above $1200..
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That will not be allowed to stand
ZH does it again.....top for the day and week....hammer time
Now please it is time for Copper price movement! (upward)
Long silver vs short copper. If copper was priced like silver it would be 90% cheaper.
Much ado about nothing? Gold and Silver have been so ruthlessly suppressed over the last month by JPM et al, perhaps not uncoincidentally?, that even with USD down almost 7% from its highs, Gold is, essentially, flat. Manipulating down ahead of bad news so that the reactive increases are from a lower base is a classic Cartel tactic. Which again seems to be working really nicely. As of now, the Commercials are beginning to scalp the Specs (Who were very Short) and will progressively go short again themselves as the price rises, ready to commence the next "Rinse" cycle. Yawn...
The Commercials and The Fed OWN these markets and can print as much paper Gold as they want to continue to ensure that demand makes little difference in these "Markets".
Screw it all, I can't wait for the markets to start tanking hard again....
(If you got money in the markets, that's YOUR fault...)
Sell Mortimer SELL!!!!
Amen to the "Yawn", just keep stackin', don't tell and live pretty well in the future.
Let the Moneychangers do their worst. Then, it will just be us and them and I wouldn't give high odds for the well being of the bastards that got us here. Not that I advocate their demise, relocation to an appropriate very remote island should be sufficient.
Long Guillotines and flying Bankers....
You gotta pump before you dump.....
Yep. Algorithms are probably making 0.5% per day on this stuff - get in before the ramp up and out before the monkey hammer down. Not a bad return over the year.
Shaving pennies works if you have enough of them......
Wake me up when its 1300.00
...or 1050-1100.
"wake me up when its 13,000..."
there fixed it for ya...
Its only 26$ dont start jerking off yet wankers.
Any excuse is ok by me. Gold up...gold down. That leads to some serious jerkin.
Nothing on ZH about, the latest Dead banker.. I smell a Skunk. or else they're putting up a real doozie of a Expose
doesnt matter...
just keep stackin bitchez........
Silver - what a fucking bargain....
thanks again u MoneyChanger fucks...
death to the MoneyChangers...
+1
...Bullish
...Moar Death to the Money Changers.
Larry, this is what happens when you fuck a stranger in the ass.
And they will have Silver in the red by the end of the day.
Unbelievable.
Silver red now at 11:55.
no they will have the phony paper price red....
and it still doesnt matter....
until a $1 debt coupon federal redserve NOTE has more purchasing power than a 1964 kennedy half dollar the MoneyChangers can kiss my ass....
At the Coinflation price of $1.17, a dime is worth more than a Feral Reserve note.
ZH, the moment you say this, it'll be the trigger for............wait for it................
HAMMER TIME!!!
Rutro!
- BOOM: NASDAQ HITS ALL-TIME RECORD...
Silver is tanking now...but the gold is just the Greek Army buying all of that.....they are going to need it in the future
After taking a look at NY silver chart for today, I had to laugh at the ridiculous plunge it took after the US markets opened. Funny in a dark sort of way. So much at play here it sets my head to swimmin'.
Gold did NOT go up .... USD went down in value .... try watching it in other currencies.
Eg. Price of Gold in GBP went down at the same time as price of gold in USD went up ... so.... GBP revalued upwards a little bit.
Try thinking of Gold as the reference value - and watch how all the other currencies move against it. This gives a nice neutral way to look at the up/down movements in value of national fiat currencies against THE historically stable form of money.
Gold is up in every single currency. It is up over 1% in almost every currency, including GBP.
You must be getting your info from a .gov website.
ooh maybe greece is the secret buyer of physical gold