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Spot The Odd One Out
Yes, it's happened again. One of these markets is not like the other ones.
Stocks have started their reversion to the short-term normality in Gold, USD, and Treasuries...
which put another way is a reversion in the nominal price of stocks in gold...
and stocks ignoring high yield credit's less sanguine view of things all of a sudden...
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nice colorful charts!!..of course as we all know that they dont really matter..
How can they? All the numbers represented above are the result of market distortions, suppressions and manipulations. The charts merely put same in graphical format... the numbers are still fucked.
Thanks Ben we new the drill.
Fucktard.
They still have meaning, as they illuminate the magnitude and direction of all of those distortions, suppressions and manipulations. They just don't mean much from a market perspective.
Meaning? Pffffffttttt...You can't eat stocks priced in gold.
You can't eat anything on those charts. If you want to eat, plant a garden.
If anything, these are brief snapshot of flows of liquidity which isn't very helpful without volume.
I was really hoping for recovery...I really was rooting for 13000 this time...I wanted the bond market to bound ever higher...unless of course it doesnt happen.
In which case I want a pony.
Wait, you haven't gotten your pony yet? You should contact "your representative" immediately, if not sooner.
No, you cannot have a pony http://www.google.com/imgres?imgurl=http://i-want-a-pony.com/IWantAPony.jpg&imgrefurl=http://i-want-a-pony.com/&h=436&w=676&sz=54&tbnid=dsklgdnMPRO2lM:&tbnh=90&tbnw=140&zoom=1&usg=__o7-S33kLVZcxfoFs1S8iSALSmQY=&docid=nWhNIo5WUNMPzM&hl=en&sa=X&ei=Sq4JULzpJaiM0QGaruzJAw&ved=0CFQQ9QEwBA&dur=79
some of us got thingmagiggys instead of ponies
Obama will buy you a pony. All you have to do is believe.
if you do get a pony and want to safely invest go to the feed store and fatten him up. You may have to eat him someday.
Soon enough these charts will reflect the truth and that's when they will not matter most. Paper burns.
But something else just melts when heated to 1947.52 °F. But then.. metamorphosis back to original not even a small grain of ash.
xau ( ding ding)
A scary thought passed me by - would it be possible to HFTize and momofy Gold ? A parting shot by the fiat ponzi ?
Isn't that what GLD is for?
It will be once all of the FCMs are gone that have clients who demand delivery from a Crimex vault. I wonder if Celente has tried again since being Corzined, for example?
Blow up the loading dock and the algobots will own this "market."
What has Celente ever done for The Party?
Oh, Celente is a hoot in a party once you get a few drinks in him. Oh, sorry. Wrong type of party.
You can learn more Italian mobster names listening to Celente that a DeNiro movie.
"But if the White Shoe Boys has names like "
Bonanno
Brancato
Campagna
Cardinella
DelGiorno
Galante
Magaddino
Migliore
Panarella
etc..
etc..
Ok its about time to Cue in Last hour Robot buy program...........
Market won't fully correct until next week. My July 20 135 SPY Puts must expire worthless first.
"Fully correct?"
How do they correct from a falsehood?
A falsehood is a lie. The spoonfed numbers are false. Ergo ~ believe the lie? Or not.
The charts will do exactly what the manipulators want them to do. No more, no less.
OK, Crash can commence next week. I am always a week too early.
By fully correct, do you mean S&P going to 600?
Welcome to Costco, I love you...
"I got my law degree from Costco"
Let see how many people know which great movie this comes from. Funny part is the entire movie is becoming reality.
Brought to you by Carls Jr.
Becoming reality?
It was actually a documentary.
We'll see how long the tards can continue to live kick-ass lives, though.
My first wife was a tard.
Just keep pumping people full of electrolytes and they'll be just fine! Stay away from the toilet water. If anyone needs me I'll be at Starbucks.
For the "full release latte"!.....oh yeaaahh.
"GO AWAY!"-" BAIT'IN!"
Nope! Movie was Idiocracy. A Mike Judge picture staring Luke Wilson.
Luke Wilson goes into an Army experiment and wakes up 300 years later. He finds out that he is the smartest man in the world when he is tested at a 100 IQ. In the future, Gatorade (called Brawndo in the movie) bought out the bankrupt FDA and Gatorade is fed to infants, cattle, even crops - instead of water. President is a wrestlemania type strongman who drinks beer and rides through parades on a tri-bike. Starbucks become a brothel and Costco has become a giant megacomplex where you can buy anything.
Step right up, sir! Select your fate! Choose one of these fine beverages from our selection:
http://postimage.org/image/yovflq6ch/
recalibrate your sarcasm detector
Isn't is "Idiocracy?" My best guess anyway.
Enjoy this clip from the movie. Its so applicable to today, that is funny:
http://www.youtube.com/watch?v=G5zAAASsuyk
Obama would look good as a blonde.
A little OT, but, as I'm walking out of Costco through the line of shame, where they check my receipt to see if I've stolen anything, seeing that I have my two young sons with me, the Costco inqusitor takes the time to draw a smiley, happy face on the back of my receipt for the benfit of said kids. Come on, just wave me through. I'm juggling to kids bouncing off the wall while hauling 4 metric tons of stuff out to my car. I really don't have time for some Costco employee to re-live their favorite kindergarten art class memories.
They check my receipt as a courtesy to make sure I remembered the vodka kahlua and milk.
I still think gold is being played....fixed....just today the ECB said no more to Greece debt as collateral...well well well...what is one to do if you own that crap...can´t trade it for gold now can we...
Odd one out? You mean Barney Frank?
Anyone else expiring worthless today...right before the next MASSIVE leg down?
Yup!
no one, absolutely no one, buys stocks with gold. who are you, Prechter?
Robot Trader to post comment that 'inWestors' are fleeing to the safety of 'tried & true' Treasuries in 5...4...3...2...
ENSLAVED BY A HOLOGRAPHIC ECONOMIC DEATHSTAR CREATED BY NWO MADMEN
no film at 11
Cue "we are coming off the lows" in 6 minutes followed by "looks like we are going to end about flat" in about 45 minutes. Followed by bobbleheads screaming "Wow" while looking completely unsurprised.
Must.Close.Green.
Now that we have defined risk. Perhaps we should buy some Diamonds. OOOPs 1 is off the market. That defines inflation.
JPM style.
bunch of homies closing in on 5 yr. highs... all is well in suburbia!!
http://www.youtube.com/watch?v=FClGhto1vIg
Minor stock selloffs create and even bigger, more monsterous bond bubble.
Just look at the absolute, total panic buying in U.S., German, Swiss, and Japanese bonds.
Never before in history have I seen a "Paper Bubble" as big as this one.
More and more "Animal Spirits" are brewing, pretty soon borrowing money will be practically free, which means infinite margin for the speculators, and savers will be completely destroyed unless they start buying stocks.
or metals.
Damn.. I almost agree with you Robo, except for the "buying stocks" part. The least you could do for us at ZH is to take the bra off your avatar!
Jeez... what took u so long to troll?... This one ought have been a slam dunk... Oh, I know... It's Friday (allowance day for you), musta been busy at the dollar store buying silly string & play doh...
Or just destroyed period.
OR side-lines.
the PM´s market is dead....wierd...nothing moving...is it expiriry day today????
god you can tell it's going to be another algo week from hell getting back to th eline we all know where to buy is. keep the vix low, don't have to pay tose vix options, instead of droppung today working our way slowly down. or maybe like before when we opened lower each day and the algo's bought from the am all day, and each day was lower. or the stupid 14:00 ramp and have to buy your shorts at teh end of the day 15:58.
God I hate our markets, it's no wonder people are leaving in droves, so the liquidity providers are driving every normal person out of the market leaving less liquidity, but nobody talk about that. plus the stupid back and fort action stealing small amounts of money left and right reducing liquidity.
just buy your short at the emd of the day. I hate this stuff.
What A joke
On Monday will we see the "Hide the Pickle" chart ?
Just wait for Monday when you'll get Asia's response....
muahahahahaha
What would you rather hold....shares of Chipotle trading at 50x massaged earnings, Linkedin shares trading at 730x massaged earnings, etc etc.......or cash backed by empty central bank vaults......or physical gold/silver?
It is funny, but the central banksters cannot save the stock market speculators, BUT they can make cash worthless or verry very valuable. Gold will play the inverse to cash.
What are they serving at Chipotle ? Chicken?
I wont buy the stock if they serve chicken!
Gonzo
I think next week is ugly for stocks. Ben's shadow from this week will have disapated. Earnings will continue to be weak. If Spain goes up in flames this weekend...................look out below.
You know, I was thinking.......Gold is an obvious hedge to own, CBs are buying it, CN is buying it big time, the price is holding steady....SO THEREFORE the FED is shorting paper gold AND selling physical. It MUST be that the 8,300+ tons are gone. How could it be otherwise???
Simple.
They are using other nation's PHYZ stored in NY and other domestic locations to sell into the market.
NEVER,EVER fuck with the principle. Use other people's gold.
If things go south, they can say it was stolen by terrorists from __________________ <----enter favorite exotic shithole>
This is why Chavez called for his to be returned.
Rule #1 - "Don't get high, on your own supply"
God Dammit Tyler! Quit toying with me!
It's the intersection of "GOLD/FIAT". Technically you win!
Those credit charts are in line though? No curve movement/ on the short term spreads?
My prediction is that gold and silver are going to break down below the triangle and really freak a lot of guys out.
General Jim will have shut all communication with the outside world, and King World News blog posting with suddenly halt.
3 days below that line, then it reverses and heads back up on a new bull leg.
Dry powder ready and waiting!!
Too bad I put all my money in muni ETFs like you said I should...
My prediction is that gold and silver are going to break down below the triangle and really freak a lot of guys out.
**************
You could be right-but so far the odds are 80% against a break lower out of this formation-according to the previous bull-
http://bit.ly/NEefoN
Red by the Bell.
Stocks are still a bit humpty. Maybe if Spain implodes. And, Hillary attacks Iran this week they will go up on Monday.
Been a good week of nothing happening again in the markets. Now we have a week of Government propoganda on how the FEDs are going to help us not get shot when we go to the movies.
The sociopaths running for office figure they've done so well at helping us get robbed when we go to the banks that they are going to help their campaigns by marketing a tragedy and making life a little worse for everyone.
Why don't they let us all carry so we can protect ourselves from sociopaths whether they are running into the theater or running for office.
No news for me this week.
That would be my portfolio
That would be my portfolio
IMO sometime next week Assad is going to decide that if he's going down in flames he's going to take a whole lot of people with him. And my guess is that he won't limit his targets to nearby populations. I wouldn't be downwind from any European capital next week, especially London.
An overlay of Spot Gold and the Gold Bugs Index (gold stocks) tells a better story.
http://bullandbearmash.com/index/gold/daily/
As mentioned numerous times, market intervention has only postponed the inevitable.
Despite short and medium term market vacillation - the following remains a constant :
>> USDX monthly indicators [ie big picture] continue to warn of significant long term USD upside. (thus EURUSD & AUDUSD etc bearish)
>> SPX monthly indicators [ie big picture] continue to warn of significant long term downside for equities which will be worse than 2008.
http://www.zerohedge.com/news/2012-12-24/market-analysis