S&P Futures Down 9, As Gold Kneejerks Over $1890

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Sun, 09/04/2011 - 18:26 | 1632373 RockyRacoon
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Off and running!   I'm enjoying the ride, but then I ain't got no dog in the Wall Street fight.   Got lotsa popcorn.

Sun, 09/04/2011 - 18:38 | 1632424 markmotive
markmotive's picture

Booya! The Gold-to-S&P 500 ratio still hasn't hit it's all time peak. Gold still has some ways to run...or the S&P 500 has some ways to fall...or both.

 

http://seekingalpha.com/article/288542-s-p-500-to-gold-ratio-has-not-yet...

Sun, 09/04/2011 - 19:26 | 1632590 navy62802
navy62802's picture

Both.

Sun, 09/04/2011 - 20:19 | 1632747 DoChenRollingBearing
DoChenRollingBearing's picture

http://www.sgxniftydowfutureslive.com/index_files/DOWFUTURES.htm

has DAX 30 and CAC 40 futures down some +/- 3%.  Ugly.

Gold up a bit ($5.00) depending on whose numbers you look at (8:17 PM ET).

Sun, 09/04/2011 - 21:07 | 1632880 spiral_eyes
spiral_eyes's picture

the real figures we need to be looking at are the djia:au ratio. gold still got a LONG way to run. long-term trends tend to overshoot. we're at 1:8 right now. i expect gold to hit 2:1.

http://azizonomics.com/2011/09/01/why-nouriel-roubini-is-wrong-about-gold/ 

Sun, 09/04/2011 - 19:31 | 1632607 topcallingtroll
topcallingtroll's picture

I am not sure why gold has to stop at parity with the DOW.  After all if you look at the chart there are what?  Three data points?  I am not so sure that makes a great resistance over let's say a 500 year chart.  Maybe the once in 500 year event is going to occurr now rather than 200 years from now.

Mon, 09/05/2011 - 07:52 | 1633716 Smiddywesson
Smiddywesson's picture

 

What was the gold to the market index in Zimbabwae, Argentina, or Weimar Germany?  All of these ratios will become meaningless as the crisis progresses.  

I think they will pull the plug and put us on a gold related standard before it comes to that, but in this environment, gold has no price target.  

There is no fair market value for the last seat on a lifeboat.  People will pay what they have to for safety when they have to have safety.  

Sun, 09/04/2011 - 18:56 | 1632502 Janice
Janice's picture

Hey Rocky!
Good to hear from you. All is well in Florida.

Mon, 09/05/2011 - 23:35 | 1637049 RockyRacoon
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Where ya been !    It's tough holding  down this place all by myself!

Mon, 09/05/2011 - 06:11 | 1633666 Tompooz
Tompooz's picture

did we just see a flash crash in platinum?

http://www.kitco.com/charts/liveplatinum.html

What happened?

 

Sun, 09/04/2011 - 18:27 | 1632375 laomei
laomei's picture

this couch is mine

Sun, 09/04/2011 - 18:29 | 1632383 Fate
Fate's picture

I be strokin'!  That's what I be doin'.

Sun, 09/04/2011 - 18:29 | 1632386 max2205
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Traders wake up in Kansas Tuesday morning....toto, toto?

Sun, 09/04/2011 - 20:20 | 1632752 DoChenRollingBearing
DoChenRollingBearing's picture

THAT is one more good reason to check ZH on weekends!

Sun, 09/04/2011 - 18:29 | 1632387 rajat_bhatia
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I'm going to kill my self and my family with morphine before i have to face the coming upheavel

Sun, 09/04/2011 - 18:30 | 1632391 Fate
Fate's picture

+1

Sun, 09/04/2011 - 18:31 | 1632395 laomei
laomei's picture

at least have the decency to kill a few politicians/bankers/ceos on the way out

Sun, 09/04/2011 - 18:41 | 1632434 rajat_bhatia
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as if that would stop the coming war, Seriously , do you guys see any hope for humanity left? we are just too many of us here on this planet

Sun, 09/04/2011 - 19:18 | 1632566 flacon
flacon's picture

too many of us here on this planet

 

Those who live by the Thomas Malthus, die by the Thomas Malthus. 

Sun, 09/04/2011 - 19:33 | 1632618 tmosley
tmosley's picture

If only that were the case.

But instead, they troll message boards trying to get OTHER people to kill themselves, or to submit for sterilization if they can't FORCE them to do it.

Mon, 09/05/2011 - 06:58 | 1633688 Ursa Major
Ursa Major's picture

The others slowly starve to death...one doesn't actually have to believe - Malthusianism works regardless!

Sun, 09/04/2011 - 19:22 | 1632577 Shirley Wilfahrt
Shirley Wilfahrt's picture

Leave your family alone you fucking whiny bitchass pussy....who the fuck are you to decide their fate??

 

Sun, 09/04/2011 - 22:27 | 1633114 X.inf.capt
X.inf.capt's picture

YOU GO, GIRL!

Mon, 09/05/2011 - 07:05 | 1633691 IQ 145
IQ 145's picture

who are you to decide their fate?

Sun, 09/04/2011 - 19:44 | 1632645 DosZap
DosZap's picture

rajat,

Who fed you that line of crap?.

Too many people on the planet,is BS.

The state where I live (without any farmland) could hold every family on earth, in a home sized  1200 sq ft, w a small yard.

That would leave the rest of PLANET EARTH (without ONE person living on it) for food growing, and raising animals, and enough resources to feed quadruple that many folks easily.

The EUTHANASIA crowd, Progressives, and the Global elites spread this crap.

 

Sun, 09/04/2011 - 19:58 | 1632672 topcallingtroll
topcallingtroll's picture

surrounded by a hundred miles of families in 1200 square foot homes all packed together like sardines?  I am beginning to think that Rajat may have a point with that morphine thingy he is talking about.

Sun, 09/04/2011 - 20:21 | 1632751 Libertarians fo...
Libertarians for Prosperity's picture

 

 

That's because you're a libertarian and you're easily seduced by thoughts of mass murder, chaos, violence and anarchy. 

Kill politicians!  Kill bankers!  Death to society! Anarchy!  The US is FINISHED!  Burn World Burn!  Canned food!  Bullets!  Bullion!  Vote Libertarian 2012!

Sun, 09/04/2011 - 21:52 | 1633020 Stack Trace
Stack Trace's picture

Are you being sarcastic in all your posts are you really as annoying, unoriginal, and mainstream as your posts imply?

Just want to make sure that I am not missing the humor.

Sun, 09/04/2011 - 20:24 | 1632757 DoChenRollingBearing
DoChenRollingBearing's picture

@ top,

DosZap's point is that there is plenty of room for even a LOT more people.

RESOURCES are a problem...

Sun, 09/04/2011 - 20:47 | 1632817 DosZap
DosZap's picture

topcallingtroll@19:58,

It was a simple point about not enough earth, and resources for our population on the planet.

If one US state could hold all the people on the planet, and in a 1200 sq ft home, w/a small yard..................

That would leave a hell of a lot of empty productive property now would it not?.

I think you were trying to make a funny,and be my guest try the morph thingy.

It takes me 10-11 hrs to drive from the east side of my state to the west at 75mph+, and the same(or more) from the northen most point to to south.

Then we could talk  about Alaska.

Sun, 09/04/2011 - 21:20 | 1632916 DoChenRollingBearing
DoChenRollingBearing's picture

Mucho frio en Alaska!

I'll take Texas anyday!

 

EDIT:

Alaska has lots of room for trolls though.

Sun, 09/04/2011 - 21:29 | 1632943 DosZap
DosZap's picture

DoChen,

Yeah, it's hotter n hades here (as usual), but it still beats  freezing your nads off.<grin>

Also, if the SHTF does happen, I cannot think of a better place to be.................lotta good old boys still here, that know how to git er dun.

Mon, 09/05/2011 - 00:22 | 1633365 Prometheus418
Prometheus418's picture

Split the difference, and move to Wisconsin.  Hell, we get hotter than hades, and cold enough to freeze your nuts in the space of a single week sometimes.

But, we do have plenty of water- and some tasty cheeses.

Sun, 09/04/2011 - 19:59 | 1632699 DumFarmer
DumFarmer's picture

And there'd be plenty of cheap fuel to truck it to your doorstep, and how about water? Gonna truck that too? What a narrow minded fool. A 1200 SF house is not the only thing needed to live. But please give it a try, it'll keep you out of my hair. Don't forget your TV.

Sun, 09/04/2011 - 23:09 | 1633202 Enceladus
Enceladus's picture

But you'd have to live in Texas, and it's just not worth it!

Sun, 09/04/2011 - 23:23 | 1633230 sun tzu
sun tzu's picture

I prefer a bankrupt state with double digit unemployment and authoritarian nanny-state government

Mon, 09/05/2011 - 07:07 | 1633692 IQ 145
IQ 145's picture

Ha, propaganda; isn't it wonderful. With statistics you can prove anything you want.

Mon, 09/05/2011 - 11:52 | 1634625 Strike Back
Strike Back's picture

There are too many people for the elite to feel comfortable with.  So they spread this line of thinking and coupled with earth worship, they have the crowds you are talking about actively advocating the position that over 75% of the earth's population need to be exterminated, the rest to live in mud huts (sustainability, right?) and the rich "enlightened elite" to manage the population can live in glittering cities with perfectly efficient green technology. 

Don't worry though, these shit ideas come and go.  Arrogance is the inherent flaw of corruption.  This zeitgeist will pass as so many others, when the weight of their flalwed schemes come tumbling down on themselves. 

Sun, 09/04/2011 - 19:57 | 1632693 Troll Magnet
Troll Magnet's picture

no hope for humanity but...
there are chicks to bang and...
and...
there are chicks to bang!

Sun, 09/04/2011 - 20:44 | 1632801 T1000
T1000's picture

Just stop drinking water. It would only take 3-4 days. Gone.

But really, why don't you fight for your family. You don't need to save humanity, just your little ones and your spouse. The basic necessities of life are not too difficult to get, depending on your location. Get next to a lake. You live in a teepee (tent) drink the water, eat the fish. Humans have been doing this for 80,000 years.

Sun, 09/04/2011 - 21:12 | 1632895 Smiddywesson
Smiddywesson's picture

In a prosperous world, a war is always coming.

We fill every niche until we can't and then we have a population crash.  Why mourn our innate nature?  We have 7 billion lives dependent upon an unsustainable system, some will die.  Same issue, different scale, different century.  

 

Sun, 09/04/2011 - 18:36 | 1632415 BurningFuld
BurningFuld's picture

where you getting the morphine from?

Sun, 09/04/2011 - 19:18 | 1632564 mt paul
mt paul's picture

got " tusked " by a big walrus once

doctors gave me the morphine ..

 

thought about

moving to Afganistan 

and growing poppies ...

Sun, 09/04/2011 - 19:25 | 1632584 chistletoe
chistletoe's picture

why Afghanistan?

 

If you planted a field of poppies in westchester County,

do you think anyone would think any more about than, "a little eccentric ..."

 

heck, half of them wouldnt even know what they were ....

 

pretty red flowers ....

Mon, 09/05/2011 - 00:01 | 1633320 donsluck
donsluck's picture

Standard sentence is a year per little bitty plant. It takes one plant for say, two doses of raw opium. You're looking at many years, brother.

Sun, 09/04/2011 - 19:31 | 1632604 DosZap
DosZap's picture

BurningFuld  @18:36.

Hell he's in India or Paki likely, buy it off the shelves.)if his handle is an indicator), sure sounds like a pussy.

Sun, 09/04/2011 - 18:43 | 1632447 rajat_bhatia
rajat_bhatia's picture

All those disliking this thought, need to realise the vulnerability of their families, their children to the Chaos that will engulf this country

Sun, 09/04/2011 - 19:03 | 1632517 saulysw
saulysw's picture

Don't panic. Take it one day at a time, and if you believe in what you say - prepare for what you believe is coming. Don't just give up.

Sun, 09/04/2011 - 20:26 | 1632764 DoChenRollingBearing
DoChenRollingBearing's picture

Green

Consistent preparation is key.  Get to it!

Sun, 09/04/2011 - 19:23 | 1632580 Shirley Wilfahrt
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Fuck you pussy.

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