Market Snapshot: Bipolar Market's "Lithium" Moment Hits Minutes Before Close

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Tue, 09/20/2011 - 16:43 | 1690060 TheSilverJournal
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Silver and gold tied together..maybe the tides are turning for how silver trades.

Tue, 09/20/2011 - 17:13 | 1690143 Whalley World
Whalley World's picture

The article stated Oil and Silver tied together

Tue, 09/20/2011 - 18:47 | 1690357 TheSilverJournal
TheSilverJournal's picture

Ha..oops. I blame that on the whiskey.

Tue, 09/20/2011 - 16:46 | 1690078 Id fight Gandhi
Id fight Gandhi's picture

Did you know they're trying to sell copper bullion bars at a huge premium to what spot or anything made with copper is? Wtf

Most annoying is on flea bay they're selling American eagles - made of copper. Fuck that.

Anyone catch the price on cmg today? To da moon! All the momos jumped nflx over to burritos, worth more than 5x wendys

Tue, 09/20/2011 - 16:49 | 1690089 Western
Western's picture

Copper bullion is a novelty for suckers. It's BY THE POUND for fuck's sakes.

Tue, 09/20/2011 - 16:53 | 1690096 Mises
Mises's picture

i agree with everything you said, but it's still better than paper

Tue, 09/20/2011 - 17:15 | 1690151 There is No Spoon
There is No Spoon's picture

The easiest way to get ahold of copper is to save pennies minted before '82. Forget about copper bars or copper futures or ripping up abandoned homes. A pre-82 penny saved is more than a penny earned.

Tue, 09/20/2011 - 17:34 | 1690186 IAmNotMark
IAmNotMark's picture

The problem with pre-'82 pennies is seperating them from newer pennies but you're right...pre-'82 pennies are worth 2.5 cents in copper.

Nickels are the easiest.  75% copper, 25% nickel worth about 6 cents each.  No sorting required.  A bank box of nickels is $100 and is a perfect door stop!

Tue, 09/20/2011 - 17:53 | 1690240 Id fight Gandhi
Id fight Gandhi's picture

Isn't a current Nickel worth like 6.5 cents in melt value?

Tue, 09/20/2011 - 17:39 | 1690201 Idiot Savant
Idiot Savant's picture

Copper is roughly five dollars per pound and you're going to waste time searching for pre '82 pennies? Some of you aren't very good at math.

Tue, 09/20/2011 - 18:22 | 1690232 Manthong
Manthong's picture

Doesn't  hurt to have a few thousand nickels stashed.

Cheap, can't go down in value and just might be the quarters or half dollars of the new economy.

Nickels may eventually be the poor man's bullion coins.

Tue, 09/20/2011 - 23:05 | 1690907 snowball777
snowball777's picture keeps em busy so they do less harm.

Tue, 09/20/2011 - 16:52 | 1690094 Irish66
Irish66's picture

banks had a bad story today.

Tue, 09/20/2011 - 16:55 | 1690103 papaswamp
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Debt subject to limit <$10 Bln from ceiling. (Table III-C)

US Debt now $14.729 Trillion or 98% debt to GDP.

Tue, 09/20/2011 - 17:17 | 1690158 monopoly
monopoly's picture

Good wrap on the days markets. Very nice the way miners acted today. But tomorrow will be the real tell. I am ready.

Tue, 09/20/2011 - 17:32 | 1690181 Al Huxley
Al Huxley's picture

Majors especially, although it would have been nice to get a close nearer the highs. Juniors still lagging, though, kind of reminds me of post-August, 2007. I take the inability of the smaller players to draw any interest as a pretty big warning sign for the markets in general.

Tue, 09/20/2011 - 17:22 | 1690167 max2205
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No PPT team today. Hummm PD want cheap before speak

Tue, 09/20/2011 - 17:43 | 1690214 rocker
rocker's picture

Better Yet, Nickels are made of 75% copper and 25% Nickel.  Worth about 6 cents each.

Tue, 09/20/2011 - 17:55 | 1690243 LooseLee
LooseLee's picture

What happened to all of the Bernanke Boot-Lickers and Equity Bulltards (IQ 145 et all)? No comment on today's reversal? C'mon, spin the Bulltard story for all of us bears.....

Tue, 09/20/2011 - 18:36 | 1690334 walküre
walküre's picture

They sold their positions into the rally and left early.

Did you expect anything else?

Here's the real kicker. Nobody, absolutely nobody knows what got the rally started or why it reversed.

Try to find any investors out there who are willing to put money into this shit. There aren't any. And it doesn't matter what Ben says tomorrow.

Banks are looking incredibly weak. Let them pound sand.

Tue, 09/20/2011 - 20:58 | 1690659 Stax Edwards
Stax Edwards's picture

Net long and B'nTFD. Mispriced equities abound...Get long fool, bottom is in doomer.  S&P 1250 before 1050

Wed, 09/21/2011 - 02:51 | 1690363 moonblue
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 schizophrenic polar wedge

Tue, 09/20/2011 - 18:53 | 1690364 moonblue
moonblue's picture


Tue, 09/20/2011 - 21:36 | 1690750 LeonardoFibonacci
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paging Dr. Emil Shaffhausen

Tue, 09/20/2011 - 19:04 | 1690399 jarrollin
jarrollin's picture

I doubt any of the volatility in the markets is due to joe trader.  The fake headlines giving a reason for market movement are annoying -- maybe deiliberately deceptive.  But I think they put them out there to convince your basic stockholder that there's rhyme or reason to this.

Tue, 09/20/2011 - 19:14 | 1690427 walküre
walküre's picture


While the term propaganda has acquired a strongly negative connotation by association with its most manipulative and jingoistic examples, propaganda in its original sense was neutral, and could refer to uses that were generally benign or innocuous, such as public health recommendations, signs encouraging citizens to participate in a census or election, or messages encouraging persons to report crimes to the police, among others.

Tue, 09/20/2011 - 21:25 | 1690718 Alpha Monkey
Alpha Monkey's picture

Public Relations

the actions of a corporation, store, government, individual, etc., in promoting goodwill between itself and the public, the community, employees, customers, etc

Edward Bernays

An American pioneer in the field of public relations and propaganda... He felt this manipulation was necessary in society, which he regarded as irrational and dangerous as a result of the 'herd instinct'... Due to negative implications surrounding the word propaganda because of its use by the Germans in World War I, he promoted the term "Public Relations".

Tue, 09/20/2011 - 20:59 | 1690664 Stax Edwards
Stax Edwards's picture

Nice work TD, keep on keepin on

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