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Sounds bullish for pennies.
Pre-1982 Lincoln cents, bitchez !
Current values at www.coinflation.com
This is great. Next I'm going to press the red inflation button instead of the green inflation button.
Or, should I press the red hopium button or green hopium button?
Hyperinflation in everything you need, food, water, fuel, hyperdeflation in everything you don't. Apple even said i-crap will be cheaper.
Hedge accordingly. The big question I have, which everyone seems to be ignoring, is who's bonds will be sold next and how will the bernanke continue to surpress interest rates? I see many bubbles and have considerable holding there (since May), that are being moved. I think bond vigilantes are completely misunderstood. We, I mean they just got Greek bond holders to take a 50% (or more) haircut. Hhmm, time to dump my U.K. bond holdings, is America next?
So much for the next Bernank print fest, ain't gonna happen.
unless he decides 100% debt/GDP ratio is `unhelpful` and decides to vaporise some debt anyway.
That's about the time the proletariat will decide that he's unhelpful, lol.
No recession, all is well. SPX on course for biggest montly gain since 1957.
no shit. This isn't 1957 though, this is 1926 on steriods.
Hey I hate all of this nonsense but I got to say that unfortunately the” Keynesian’s" have been kicking the "Austrian's" ass lately.
I almost went long the other day but did not have the balls to do so. Missed out on some money. But oh well. At least I did not lose any being short!
How are the austrians wrong? We've always said they are going to print. Is that not what's being priced in?
I said nothing about Austrians being wrong. Just said they were getting their ass kicked right now!
Not this one. :)
You aren't making sense.
Oh, by the way...
ORLY? My Philharmonics are just dandy. Why don't you go push string?
Which is how I got stopped out shorting this while long AUD. The corr trade on that failed me. Well, I'm thinking today might be a good short after opening. Too many institutional investors will take profits today from that epic short squeeze and this illogical rally.
Time for a CME intervention. Probably a 30% margin increase ought to do it.
Yep, and then buy some more. rinse repeat, getting closer to 100% every time.
Beat me too it was just about to say what about margin hikes?!?!? Oh I see how it is... candy caines before christmas and a turkey in every pot for thanks giving also this! \/
So.. Risk ON I take it?
The copper theives will be pleased... time for them to put in some overtime over the weekend before the price collapses again.
hahahahaha! This is insane. print money and the economic laws are rewritten, all is well.
Hmmm: gold should be up at least $20; again the obvious manipulation is counterintuitive; the arrogance of the banksters in assuming that we all all the dumbest of phukks is simply amazing.
"Irish finance minister says threat of recession in Europe has been removed"
- And, yes, i did p*ss myself.
I think he probably right, assuming he means the threat has been removed because they've now realised it's a certainty.
Like I said yesterday, there goes the USDX. Back down to 74.
Copper is up. Gold is down.! And the bullshit index has now gone to infinity!
Im keeping my copper etf shorts, cos china is getting ugly.
My brother just came back to hong kong this week.... he's been around the smaller cities - towers everywhere all half finished.
Taxi drivers are a good source for info, cos everyone speaks to them; and they say many people have lost money on apartments and constuction has stopped etc.
Slack....what ETF do you use to short copper? If you do not mind saying. Thx
There goes Copper predicting the future...
Or are you expecting the market to rally in time step?? 6 Standard Deviations?
Haha I only normally work out volatility for 3 standard deviations or 99.7% of results....whats 6 standard deviations in percent form?
Didn't we decide that copper was one of JPM's hail Mary plays to offset their hopeless silver position?
At every CFTC hearing on position limits (they must have broken the 1000 barrier by now) the TBTF banks show up and defend the need for speculation in commodities markets. At the same time they claim to never speculate themselves. Good thing; imagine how much volatility there would be if they did (sarcasm). I guess that leaves doctors, dentists, and the AARP trading club to blame. Who knew they were so active in these markets.
It's funny because who gives a shit about the price. Nobodies buying it. LOL
6 sigmas. LMFAO.
Consultants for and officials from Sovereign Bank testified that NGE used some of the collateral pledged to the bank for $35 million in loans to obtain loans from other entities and co-mingled assets with Gainesville Coins, which operates in the same office and is affiliated with Mark Yaffe and Alan Yaffe, owners of NGE
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