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The market, sleeves rolled up high, prepares to follow the president on vacation.
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RUN To GOLD
Gold is rising too much too fast, although my six month target is 2.1k/oz
Gold is following this chart. Repeating History is a bitch.
No, gold is following this chart, with a target of $1950, up 20% along with the 20% increase in the debt ceiling from 14.3T to 17T:
http://www.zerohedge.com/article/gold-rise-143-trillion-us-debt-limit-increase-%E2%80%93-bloomberg-chart-day
but...but...but, you can't eat gold.....
No, the money printing is going too far too fast, if anything gold should be double where it is right now.
Ding ding ding we have a winner. Gold is not in a bubble, it is just reacting to the BUBBLE IN DOLLARS. Its actually lagging a bit. Free ride to 3200.(Sounds like a lot but its only 45% from here) just on the amount of money already printed,after that ? If hyperinflation becomes reality then disregard as prices will become almost unimaginable.
On the other side of that coin is the dollar is falling too much too fast.
Physical: It's never down.
If you think it is rising too fast, then you don't understand the magnitude of the situation we face... You ain't seen nothing yet...
I can asure you I do especially when it comes to bond market. What do you think Biden is doing in China right now? Playing ping-pong with Hu?
Government knows just when they want to pull the plug..... BART certainly did..... Eygpt certainly did...
is this not good? when trading stops, markets cannot crash anymore
I hope this was sarcasm
no, when the president is not in da house, nobody is allowed in da house
In space, no one can hear you scream.
That's gonna piss off people.
I'm gonna stick me finger up its bum, that'll really piss 'em off!
It's only thursday. 2008...i mean 2011. My bad.
http://www.youtube.com/watch?v=p6q9nBusrq8
Watch RUT, once it breaks the weekly 200 day, it's over.
The Carnival is Over.......
http://stockcharts.com/h-sc/ui
Nothing like a visual.
This is happening so regularly now it's not even funny.
Down Day = 50% probability that at least one exchange will break. Up Day = 0% probability.
That is easy to explain. Up days have little volume, down days heavy volume.
pods
... and tomorrow is FRIDAY.
Perfect.
All hands man your battle stations!
Arm the torpedos!
DIVE DIVE DIVE
AKA "We'd prefer to keep the price of gold and silver where they are, thank you very much."
all of this market chicanery is being orchestrated to ruin the prez vacation........ racists
FO Shizzle true dat!
"QUICK, QUICK! CHANGE THE PHILLY FED DATA!"
and that's not even real data. Could you imagine...
...eh, it's just a Sun Flare. http://www.youtube.com/watch?v=JFvujknrBuE
lol, http://www.myweathertech.com/2011/08/17/solar-flare-activity-prompting-nasa-to-convene-a-news-briefing-thursday-in-washington/
If anyone remember the Low in 2003 - the exact same thing happened - GLOBEX went down - and they allowed the Big Contract to continue trading. The theives ran the S&P up about 30 handles - left the little guys sucking wind - and the makret never looked back.
And........
It's gone
http://www.dailymotion.com/video/x8sftw_south-park-bank_fun
That's funny. It would be even better if grandma and the adults walked away not knowing what happened (more realistic).
the paper game is the fool's game. All true wealth comes from the ground. gold, silver, land, oil, food,...
Wow - the markets tanking and Obama hasn't even opened his mouth yet. Just wait 'till he does.
obama does the only reasonable thing: much easier to defend yourself in the countryside than in the capital
Here's hoping his entourage remembered to forget the insect repellent. Almost everyone on "The Vineyard" has Lyme Disease. (That was rotten - wasn't it?)
And so it begins, again. Obama has to cancel his vacation. This is absurd.
REITs and Financials have been stick saved from further losses. Wonderful.
This is an IB problem. Globex is fine. I'm looking at it right now.
you probably look at some flash video
Paging captain The Bernank!
Please report to the helipad.
FedCopter One is loaded with cash, fueled up with Syrian gas and ready to depart.
You can begin dumping cash on the markets at will.
Good luck Ben, we're all counting on you!
http://www.youtube.com/embed/ZDN9y2vTdUs
"an unnamed bank tapped the European Central Bank's emergency liquidity fund for $500 million overnight"
I first read about this from TD on ZH yesterday. And today its breaking news.
http://www.chicagotribune.com/business/breaking/chi-wall-street-20110818...
Even Cramer just said to take your money out of soc gen.
Does that mean I should go long soc gen?
yep, 100% long in GLE(E)!
Meanwhile, ya certainly gotta hand it to ol' Cnbc for this very important newsflash:
OBAMA:THE SYRIAN PRESIDENT NEEDS TO STEP DOWN!
....jus' regurgitated some popcorn.
the only thing that we contribute to the wealth of the world and what we exchange for wealth that we possess is our energy, our thought, sweat, etc.
we in turn exchange that for material goods (which we don't take with us).
so all wealth is in the mind, it is not manifest, because that is all we take with us when we leave.
yeah, eat brain. yummy.
The meek shall enherit the earth...
But not its mineral rights.
next up, the interenet is down, then.... "if you'd like to make a call please hang up the phone and try again.... urrnt.... urrnt.... urnnt... good luck getting a hold of your brokers bitches !!
Not yet. Soon. Not yet.
Cramer and some Eurozone lover screaming on CNBC. Is it Lehman? Is it not Lehman? Lawlz.
What's not funny - mom and pop "investors" continue to get crushed.
Until futher notice markets will open on Fridays between the hours of 3:15 and 4:00 eastern time due to technical difficulties. If you would like to place a buy order please use our Hot line 1-800-WER-STUK
B700db4th!!!!!
A typical ZH alarmist sensationalist headline. The Globex feed experienced several periods of maybe 3-4 seconds where it wasn't ticking. That does not constitute "down," especially if it was an IB problem.
meh... I would recommend you panic. Choose whatever data point you would like, real or imaginary.
I think I'll base my panics on reliable information. One wonders how many here were actually watching a Globex feed when that happened.
There is no such thing as reliable information. Time to panic.