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China Rate Cut Reaction - Bullion Best, Bonds Bruised, Exuberance Everywhere Else
For now, the biggest loser is Treasury bonds - which are up 2-4bps in yields post-China. As for everything else - buy it with both hands and feet. US equities are extending tech gains (Nasdaq up 3% post-cash close), Gold has surged back above its 200DMA, Commodities are all loving it and the USD is bid...
The last two days have been quite impresive...
US Equities are exuberant...
As VXX tumbles over 3% in the pre-market (heralding 13 handle VIX today)
But bonds are suffering as gold leads the reaction
With gold breaking back above its 200-day moving-average...
Europe is loving it too... DAX +300 today, +600 in 2 days
Credit markets are higher, but remain notably decoupled from equity exuberance...
Charts: Bloomberg
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And of course savers and pensioners queue up at the cliff edge in ever larger numbers
The best exuberance.....is the irrational kind.
It's all Bullshit!!!
And here I was, writing bullshit for the ZHC0 website, meanwhile, the world is shaking.
Today, it is about Opal, not so much about ZHC0. If you are a stacker check out these photos.
http://zhc0.com/the-rainbow-virgin-of-australia-not-electronic/
Oh, and on the news, this is great. My morgage repayments may well decrease further, meaning that by increasing my payments, i own my castle far sooner. Winning! Thanks China!
15horses1donkey.
IF ZERO HEDGE HAD A FUCKING CURRENCY OF IT'S OWN, IT WOULD BE MINTED IN INCORRUPTABLE NON HYPOTHECATED NON DERIVATIVE NON MARGIN ABLE SILVER OR GOLD.
Jesus, fucking kids these days. You all think technology is a miracle. All it is is electrons that can be made to go poof any fucking minute now.
Crypto currency is just a fancy name for digital fractional reserve banking - without the reserve, or the bank.
If I blew up your phone right now, you would look like a cow at the slaughterhouse just at the moment the bolt gun goes off - " How could you do this to me ? What'll I do now ? "
Improvise. Adapt. Overcome. Triumph over adversity.
And, transform your idea into minting a fucking physical coin out of noble metals, with Tyler's permission before he copyright lawyers your ass into bankruptcy.
Anxiously awaiting the Fed's 10 year bond chart to resemble this:
http://www.ecotao.com/holism/add/enron/ENRNQ-Enron.jpg
In the race to the bottom. The jockey on the USD horse. Looks to have picked the wrong horse.
You are young GrassHopper
Gold will fade...............
What's the general consensus: Did they warn the Fed about this and if so when? And what's with the timing just before the US open bell?
Gold continues to flag
https://www.tradingview.com/x/pX0enhs6/
Who's doing that?
Stop it right now!!!
this must be the way the Fed reads its charts... up side down ????
Time for ATH in equity prices and ATL for wage earners. Keep calm and QE on. I seriously am not surprised by the lack of a reaction from the plebs.
Now...all those who believe that there is a country offering a better monetary system than the fantastically corrupt, and frankly insane one we have now, it is upon you to show evidence of your claim. All I see is other countries who would like to continue the same scam and only supplant and replace the current theives-in-chief with themselves.
get your bullion while you can... the breakout is fast approaching
www.teamramgold.com
ramgold2206 "get your bullion while you can... the breakout is fast approaching"
I would beg to differ
Gold would need to pass $1470 before a new bull market could be called.
It has stiff resistance at the $1200
then $1294, $1340, $1370, $1425.
If you had a moral stripe in your body you should be recommending SILVER as it is 73-1 against gold.
And way above it's average.
xau xag... morality doesnt come in to it... the biggest ponzi scheme ever developed is collapsing the world over.. nobody has any clue what to do... I took a position with small weight gold bullion and im sticking with it.. maybe silver is better, but its a fickle point... most people .. own ..... guess what.... nothing... not a gram ... not an oz .... nada.... so if we can get them to acquire some PM (gold or silver) we may have helped a few as some PM is better than none... perhaps you should take a look at what is on offer it might change your perspective
ramgold2206
We have been through this before.
You know my position....................you are pimping Gold like all the other Gold promoters.
When at this presant time Silver is the better purchase.....................It will change and Gold will be the better purchase and that is when you swawp your silver for ...................Gold.
If you took the moral high ground I would not bust your balls...................PS I own Both...................still waiting to swawp my Gold to silver. I will then be all silver untill it is time to swawp all silver to Gold and double my Gold OZ. It happens roughly every 5 years. So that is a 20% gain per year on top of any gain against fiat......................
It's very simple and very easy and tax free in many UK mint coins.
Did you know you can buy silver in UK with NO VAT?
I will believe someone wishes to offer a better and more fair monetary system when I see delivery gold diverging from paper in double-digit percentages. Until then it is nothing more than yet another slogan, and national-team-T-shirt to pull over your eyes to blind you.
No, your sleasy sociopathic politicians and bankers are not better than our sleasy sociopathic politicians and bankers, nor are they really 'yours' to begin with, though they work hard to convince you otherwise. The sleasy sociopathic politicians and bankers from all nations are a species unto themselves.
They are the vampires who would hypnotize you into their service so they can eat your flesh and drink your blood, what ever their nation of origin. Snap out of it for God's sake!
I beleive the correct phrase is:
Everything is AWESOME!
This shit is unbelievable. If anyone thinks the central banks do not utterly control the world economy, they need to be put in a mental institution. The world governments are irrelevant now.
man AAPL earnings must really gonna suck next week if they're going to all this trouble to pump the markets.........i like the schedule righ before month end fed meeting/aapl earnings.
You mean for a blast-off thru the top of the Feb-Aug trading range on S&P500? Certainly sets the stage doesn't it?
The. Bottom. Is. In.
Don't. Fight. The. Fed.
Fuck. The. Pain. Away.
Called Oct 2 by MACD cross on SPX.
Gold's trip through the 200 dma was short lived. The boyz are always vigilant against surges such as the one we had this morning and have done their due diligence. We may have trouble holding on to the $1100 handle by the end of the day (mild sarc).
Gold is back down where it belongs, so mission accomplished until the next sign of strength. I wish the Tylers wouldn't mention minor price bumps in gold, it never turns out well.
Buy more stocks, this market is rising fast, money to be made! This is worth another 10% to the upside.
CB's have doomed us all
Central banks cannot defy economic gravity - what goes up on monetary fuel WILL come back down after the fuel is expended. I am positioned, waiting patiently and collecting interest.