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

Tyler Durden's picture

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TheSilverJournal's picture

Silver and gold tied together..maybe the tides are turning for how silver trades.

Whalley World's picture

The article stated Oil and Silver tied together

TheSilverJournal's picture

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

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

Western's picture

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

Mises's picture

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

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.

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!

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.

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.

snowball777's picture keeps em busy so they do less harm.

Irish66's picture

banks had a bad story today.

papaswamp's picture

Debt subject to limit <$10 Bln from ceiling. (Table III-C)

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

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.

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.

max2205's picture

No PPT team today. Hummm PD want cheap before speak

rocker's picture

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

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.....

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.

Stax Edwards's picture

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

moonblue's picture

 schizophrenic polar wedge

moonblue's picture


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.

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.

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".

Stax Edwards's picture

Nice work TD, keep on keepin on