• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Daily US Opening News And Market Re-Cap: August 2

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Tue, 08/02/2011 - 08:17 | 1516169 HelluvaEngineer
HelluvaEngineer's picture

Gee, where's the much anticipated moron rally?  Looks like all the traders covered yesterday afternoon.  Futures were supposed to gap up, right?

Tue, 08/02/2011 - 08:20 | 1516172 GCT
GCT's picture

Didn't Italy announce they would not be able to contribute to the Greek Bailout anymore last night?   This will get real interesting now.

Tue, 08/02/2011 - 08:23 | 1516181 Mike2756
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At least the BOJ has room to run the printing press, sort of.

Tue, 08/02/2011 - 08:26 | 1516187 jkruffin
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I smell a BIG FAT EURO DUMP coming.....the risk trade is unwinding....fast!

Tue, 08/02/2011 - 08:31 | 1516193 HelluvaEngineer
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Right.  This wasn't supposed to happen (yet).  This time I really believe the wheels are falling off, and I think the right people are positioned to profit from it (again).

Tue, 08/02/2011 - 08:37 | 1516207 Sudden Debt
Sudden Debt's picture

The euro already fell from 1,453 to 1,4168 in 1 week. That dumps is already happening :)

Reggie's articles about the European bank Armegedon seem te becomming true.

All banks are at a 12 month low at best.


Tue, 08/02/2011 - 08:41 | 1516217 disabledvet
disabledvet's picture

It feels like a lot of people r just standing around waiting for events to unfold. This is the very definition of headline risk. Clearly this aint Kansas anymore

Tue, 08/02/2011 - 08:34 | 1516202 Sudden Debt
Sudden Debt's picture

 A two day assault by Syrian government forces on anti-protestors in the city of Hama was widely condemned in the West and prompted European powers to re-launch a dormant UN resolution condemning Damascus for its crackdown.


when the going gets though, the weaklings get going...

Wed, 09/14/2011 - 04:32 | 1667293 chinawholesaler
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