Today's Economic Data Docket - FOMC Minutes, Case Shiller, Consumer Confidence

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Tue, 08/30/2011 - 08:17 | 1614219 lieutenantjohnchard
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re: your tweet: gold up $20 in 20 minutes. couldn't find a reason. but i'll take it. maybe this was it: "Fed's Evans says he favors strong accommodation at this point."

Tue, 08/30/2011 - 08:05 | 1614223 PaperBear
PaperBear's picture

Something just put a fire under gold/silver in the last 30 minutes, gold just jumped 1.5% and silver 0.75%

Tue, 08/30/2011 - 08:13 | 1614239 krispkritter
krispkritter's picture

And in other OT news: Obama's 'other' illegal immigrant relative is busted for OUI.  Geez, now if we can just get Obama busted for all the IOU's...

Tue, 08/30/2011 - 08:23 | 1614256 PaperBear
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We are entering the time of year where seasonal buying of physical gold/silver, September to April, will take over of this market and send the short sellers into the hurt locker.


Tue, 08/30/2011 - 08:25 | 1614263 PaperBear
PaperBear's picture

Gold now up 2.3% and silver now up 1.7%, in the space of 30 minutes or so. I'm loving it.

Tue, 08/30/2011 - 08:27 | 1614268 IMA5U
IMA5U's picture

and this is why buffet and bernake short squeezed the market

buys more time, got hte market to rally, and the folks won't be scared again until its too late

after which another government orchestrated short squeeze wil be in order.

Tue, 08/30/2011 - 08:28 | 1614270 PaperBear
PaperBear's picture

I love it when these non-Federal non-Reserve idiots open their mouths.

Tue, 08/30/2011 - 08:29 | 1614272 Clam McCain
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Bling Kerching PaperBear

Tue, 08/30/2011 - 09:31 | 1614486 PaperBear
PaperBear's picture

And here I was thinking we would continue the pattern of up during Asian hours and down during American hours.

I wonder how long the eligible silver stock of 32M oz will last during the next 8 months of seasonal buying.

Mon, 09/05/2011 - 09:46 | 1634093 shacai
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