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Because if stocks are red, the terrorists win.
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Upside down world.
Gold hammered. Of course. Who would want the safety of gold in turbulent times?
.....The barbaric relic that it is.../s.
and Gartman loses.
Ha ha ha !! yeah, terrorists win. So we must think the economy is doing great, otherwise we are terrorists ourselves. WTF ?
Imagine your way to wealth.
They sure made out shorting the hell out of our market prior to 9/11.
Why is oil suddenly down 1% with mass bombings in the Middle East? WTF?
Because $4. gas was always bullshit to begin with.
PPT - out in full force. We shouldn't expect anything less.
Here's a thought. Suppose the PPT drove prices up so that terrorists couldn't make a huge play with shorts? Is there enough intelligence in governments to do that?
Yes, clearly Le Chiffre laid down the m.o. in Casino Royale (the movie, not the book).
yes, we knew all along, sadly. [/basil]
Another day of NO surprises here
Why don't they kill more people, stawks would take off to the moon!
you called it yesterday!
(bows to master) we're not worthy! we're not worthy!
Need any more proof that US market is rigged ?!
The Plunge Protection Team hard at work. Not other reason.
There is no need for plunge protection. The whole market is artifficial. Machines trading with machines and pushing out pseudo-random numbers desgined to enrich machine owners (the banks). They see which bets are prevalent and present the opposite outcome. As for the market crashes - when the roulette wheel hits zero it ain't really a crash (for the casino).
PPT is now in charge of the markets for the duration. Just sit back and watch the show.
Gold hammered everyday at 8AM. Every fucking day. Even today after Paris shot up and blown up , when it should be going higher. Hey it's 8AM somewhere Gold should be going down.
Cue Jimmy Buffet and alan jackson.
Not just 8 am. Also the tried and true 2:15 EST smackdown that is about 90% reliable. Go watch it on Kitco, its now funny. That was the time frame someone sold 2.7 million ounces in minutes, 1 single order mind you, that momentarily shut the market down twice.
Uhh, since when is a .35% upward movement a "surge"? 10% is a surge, maybe 5%. But .35%?
Is it so hard to use adjectives in line with the actual movement? Just say stocks open over a quarter percent higher. Want to bet at EOD we close red?
Yellen doing the "no rate raise" happy dance.
Debt Market Distortions Go Global as Nothing Makes Sense Anymore"Nowhere is that more evident than in the U.S., where lending to the government should be far safer than speculating on the direction of interest rates with Wall Street banks. "
"It’s hard to overstate how illogical it is when swap spreads are inverted. That’s because it suggests that governments are less creditworthy than the very financial institutions they bailed out during the credit crisis just seven years ago. And as the Fed prepares to end its near-zero rate policy, those distortions are coming to the fore."
“Traditional pricing and relative-value rules are breaking down,” said David Goodman, head of global capital markets strategy at Westpac Banking Corp.
.
Jeez, terrorists bring up economies??!! That's the new black swan song.
Can you imagine what the first dropped nuke will do to the market. Moon, here we come.
And
worse, the bankster criminals lose