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

Tyler Durden's picture

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lieutenantjohnchard's picture

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."

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%

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...

PaperBear's picture

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.


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.

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.

PaperBear's picture

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

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.

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