Is Gold Hinting At Imminent Coordinated Global Intervention?

Tyler Durden's picture

While it is still early in the overnight session, initial indications are for a full spectrum Risk Off market. In fact, S&P 500 futures (ES) have not fallen this fast over a two- or three-day period since the third week of November last year. As many may remember - a few days of drops like this took ES from 1260 to 1136 in a week but more importantly was followed very quickly by a massive and coordinated Central Bank intervention that ripped ES over 6% higher in an overnight session - sparking the entire rally of the last six months as it appeared the central bank put strike had been dragged higher. Admittedly the two-day fall so far (while the largest in almost six months) is still small in context, it would appear the world is waking up to the true event risks of a debt-saturated fiat system going through its death throes. Back of the envelope would suggest we need to drop to 1285 or so on the S&P before the same kind of hit-the-big-red-central-bank-panic-button kind of move comes into play. Sure enough, Gold is only very modestly lower (-$3 at $1640) so far in the face of a rip higher in USD and broad liquidation everywhere else - perhaps the patience of sound money will be paid off once again.

ES fell with a similar velocity in mid November (red rectangle) - soon after (green oval) the central banks of the world went crazy...

and sure enough - while the world is selling off pretty hard this evening, gold is - well - not...

Of course with Treasuries yet to open - perhaps Gold is the only safe place (especially with AAPL having collapsed in on itself in recent days).

Charts: Bloomberg

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fourchan's picture




their gamble is flawed, if they cram down the price we will all load up

on more, and if they let it rise we will all be rich. bring it bitches!

NewWorldOrange's picture

"While it is still early in the overnight session, initial indications are for a full spectrum Risk Off market"

ABSOLUTELY. And I just said the same thing, RISK OFF, on another thread a few hours ago. When it's risk off time, it's time to SHORT AUD/USD and NZD/USD. About as certain as any trades can be. Yep, I did, and I'll make a pile of cash or lose my ass by morning. Nothing ventured nothing gained.

mayhem_korner's picture



It's been full "risk-off" since Oliver Twist left the building.  Only things propping up the "market" (sic) are (1) Euro burning faster than US, (2) algos being fed manufactured headlines, and (3) hopium fumes from QE "rumours". 

Xkwisetly Paneful's picture

So which of those three is responsible for the AAPL earnings?

I am curious as to the other guy's rationale for using the AUD and NZD though.

If you happen to see this, can you direct me to the other place you posted it or briefly summarize why?




UP Forester's picture

Don't worry, once the single children in China all have a single kidney, AAPL will follow Newton's observations.

As far as I know, people actually want to move to the Lands Down Under, that aren't currently being douched in glowing rain, and will attract the richest and most "worldly" for some time, due to nationalization concerns in other southern hemisphere countries.

I think the dry spot on the Titanic is still available, if you've got a strong grip.

Psyman's picture

Retarded liberals fail to comprehend that Australia and New Zealand are both part of the dominant Anglo empire consisting of the 5 eyes of Echelon.

Moving from California to New Zealand is like moving from New York to Texas, it means nothing.  You're choosing one part of the Anglo empire over another.

Nukular Freedum's picture

Is Echelon some kind of giant spider then?

HarryM's picture

if gold holds and equities crap would mean things are far worse than they seem

i figure the fed certainly has a few more rounds left, so I'm not holding my breath.

when the run on gold finally happens, it will be like operation shock and awe

Xkwisetly Paneful's picture


I was really worried there would be no pump gold pieces today.

I feel so much more confident now that I was able to seek out the 3124th piece from likeminded individuals confirming my beliefs regarding gold. It wasn't the Taco Bell drive thru this time, it was the dry cleaner, instead of inquiring if I wanted starch in my collars he asked if I needed any au or ag to go with my order.

gmafba baaaa

prole's picture

Now wait a minute, who was just saying this guy is not a paid troll?

Psyman's picture

Consider that 90% of all wealth world wide is concentrated in the hands of 10% of the Anglo boomer generation.  They are dying. They are 60+ years old and can no longer deny the aging process with viagra, olestra, fad diets, fad exercise routines, plastic surgery, and all the other life style choices of the most vain generation in human history.  Indeed, the "Doomer Boomers" now want the world to burn.  Their vanity is so infinite that they cannot comprehend the notion of a world that continues to exist without them.


Fear not, young brother, we will rebuild this world from the ashes of the destruction wrought by the Doomer Boomers, even if they Nuke Iran on behalf of Israel and pollute the Northern Hemisphere for the next thousand years with radioactive isotopes.


The Doomer Boomers will not succeed in their quest to destroy humanity.  Ignore them and their advice to buy their vastly over priced property and stockpile it with guns, food, and gold.  Their advice is the advice of a condemned man - worthless.

Calmyourself's picture

Absolutely rent one of my apartments and eat at taco bell while sitting in front of your Xbox till your ass is three foot wide, how is that working out for ya?

prole's picture

BTW ... Did anyone read past "anglo-boomer generation?"

Just when you think the comments can't get any stupider on ZH

Sam Clemons's picture

Gold still holding long term (since 08) support line.  I'd say that is one of the main reasons it hasn't broken lower tonight.  It's forming a long term pennant that should be complete before June.

CIABS's picture

Sam:  That trendline is important short-term.  Probably some big technical selling (to go with cartel selling) if it's broken.  But I think everyone knows where gold is going after that.

Sam Clemons's picture

I actually don't know what you mean.  Depends on who you are.  One could say clearly down once its broken with heavy cartel selling.  However, all bull markets go through stages of different ascension rates.  Breaking through the previous one enables a more steep ascension trendline for the next one.  That is what I think is going to happen.

lasvegaspersona's picture

f16 wow Myspace...thats something you don't see everyday

Ranger4564's picture

A couple of points:

1.  If NY Mellon Bank has to come up with 1.5 trillion, and they quite possibly could need help from the various other banks listed... they will probably fail, so their positions will be liquidated, resulting in a drop in price, not increase.  If they meet their margin call, then price should not fluctuate, may rise slightly.

2.  There is no guarantee we can trust the departing president of the CME, he may be in on another scam, where we could see NY Mellon, Buffet / other banks claim bankruptcy or failure because they cannot meet the call.  If that happens, they will withhold public assets, and we could see something like MF Global except more severe, possibly affecting many banks.  If the call is met, then this obviously would not happen.

So my best guess is, we can't trust anyone, including the noble sounding departing president of the CME... IMHO, we're watching a huge bomb explode in slow motion similar to that in the John Travolta movie Swordfish.  We're going to witness the plot, the detonation and the carnage.  Either that, or all this criminality has made me completely paranoid. :)

Makes me nervous about my investments which are in metals in an IRA and stocks in mining shares.

nmewn's picture

You barbarian you ;-)

NewWorldOrange's picture

Heh. Sleestak Munger will never live down that "goldbuyers are uncivilized" comment on this site.

Pain Train's picture

I'm buying more tomorrow to sew into the hem of my garments.

Likstane's picture

I'm buying more garments with smaller hems.  My gold pieces are pretty small. 

zerotohero's picture

I'm buying gold thread to sew my hems.

mayhem_korner's picture

Sleestak Munger will never live down that "goldbuyers are uncivilized" comment on this site.


I thought Sleestaks were bullish on gold & crystals.


BTW - 2 oz to anyone who can find worse special effects than this:

Jendrzejczyk's picture

I tried. You win. There is nothing worse out there. Where do I send the two ounces (of gold or crystals)?

WmMcK's picture

Very subjective, but the SFX in Wolverine were pretty bad considering the budget.

BLACK_DOG's picture

How do you guys find that crap!


TheFourthStooge-ing's picture

Reptil asked:

will this do?


The comments describe it well:

"This... this disturbs me... very? much... I need to call my therapist..."

"Wtf....? did I just watch."

"i have the weirdest boner right now........"


Manthong's picture

I don't know man, I kind of feel like I did way back when at 6 a.m., after those two or three dozen San Miguel's and God knows what else in Olongopo.

Jendrzejczyk's picture

A personal favorite:


All I wanted was to beat off to some skeletons fucking and all I can get is this?"

lasvegaspersona's picture

your 2oz are safe

the acting is a perfect match for the effects however

francis_sawyer's picture

I like how the T-Rex is just standing over them at the beginning doing nothing... But then they start running away & of course then it dawns on the T-Rex that he should chase them into a cave...

TheFourthStooge-ing's picture

mayhem_korner said:

BTW - 2 oz to anyone who can find worse special effects than this

I take it you've never seen Plan 9 from Outer Space.

These two short clips are representative of the Cheepnis:


RacerX's picture

I am glad to be in the company of so many "Uncivilized" people.

devo's picture

Ding ding, which is why they'll confiscate or tax the hell out of it.

lasvegaspersona's picture

they will need it so they will have to be nice or it wil all stay hidden...besides not many Americans have any so it might never even come up unlike 1933 when everyone have gold or gold notes...

jmcaule4's picture

Anit-austerity governments and it's implication for future money printing in the Eurozone.

Alf Fields, King World News + More!

ATM's picture

they will print with 100% certainty. No one will vote for austerity. That would be like the guy down the street who lives in the biggest house, who drives the bmw and suburban voting to have his credit card shredded. Aint going to happen ..... ever!


The politicians looking to retain power will all seek to delay the pain and their only course is to print and blame again with 100% certainty.

vast-dom's picture

here's a good one on housing:




enjoy bitches and remember the crack dealer don't take gold and silver coin, yet....

Reptil's picture

green shoots everywhere!

n8dawg84's picture

I bet that dealer will take a bottle of Tide

WmMcK's picture

First one and then the other -- we few, we proud ... you know the rest, but many don't (yet).

Dr.Engineer's picture


But it is not only us buying but China, Brazil, ....

jmcaule4's picture

S&P 500 timing system returns 289.81% over the past five years.

DeadFred's picture

I bought an iPhone and an iPad in the last couple weeks which means the market is now 100% saturated. Apple has no where to go but down now. Just wanted you guys to know.