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Meanwhile, in the land of yellow metal...
(Reuters) - Investors who were nervous about the looming debt ceiling showdown poured $3.5 billion in July into exchange-traded funds that own gold, according to fund tracking website IndexUniverse.com.
Hundreds of Tonnes is rapidly becoming the new Trillion
" So far in 2011, emerging market central banks have bought nearly 180 tonnes of gold, more than double the roughly 73 tonnes purchased by central banks globally in the whole of 2010. "
And that would be why the bubble talk is bullshit. Although that may just be my confirmation bias showing.
If any of you are still dont get,
I present to you Glenn Beck in his own words " the conspiracy between the left and the right"
God Damn !!
I recommend just listening and not watching....
Left and Right? There's no left and right. There's a left and right illusion. A lot of arm waving and finger pointing, but that's about it.
The two parties differ in, what, 1% of their policies, at best. The 99% is focused on keeping the banker elite on top of the hierarchy.
Both Murray Rothbard and Carroll Quigley have documented this.
BINGO. it's an illusion to keep the pea brains focus detered from what's really happening. Just like..911..Norway....JFK....MLK...... and just about everything in between. Create the Problem, Offer the Solution. Try it in your own life and you will become your own Genni in a bottle. You just have to use your brain and think for a bit, most people chose not to do that, it's easier for me too. Hence we live in a country overrun by a group of people who virtually control what we see, eat, and thus think. Look at these endless wars I mean come on.
from Media Matters (Soros).
Now that's credibility YOU can believe in. WTF.
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Is Benny MIA?
Benny is in the print room while the chopper is getting refueled.
This is getting fugly.
My money's on an amazing comeback @ 1530.
Actually, it isn't. There's fuck all change I invest in the ponzi market that is the DJIA/Nasdaq.
I am getting roflstomped no matter what I try, I always seem to find the worst possible moment to buy something even if it's gold or silver, I just don't care anymore, maybe I try farming potatos ^^
Yes, long potatoes. Good call. Maybe diversify in some other non-cash crops.
3 more days? Initial claims tomorrow, and then jobs # on friday, coupled with a weekend of false hope. Maybe Monday shall do it... maybe.
And in Euroland we'll scoop some more shit on that dessert ;)
Can I have a few more scoops of Silver please?
The false Hope we can believe in will keep pounding our asses for more than three days man.
POMO = Flip bonds to Feral Reserve and buy stocks.
NoPOMO = Sell stocks hand over fist to lock in profits.
GUINESS BOOK OF RECORDS!!
What a honor we get to see this :)
Yes kids, I saw it happen :)
haircuts for all...bullish on great clips...
Closed my SDS short and bought TBT & GDX. Just sayin.
Does TBT move up when yields move down or treasury prices?
TBT moves up when long bond yields move up (price down).
Educate me as to why you bought TBT as opposed to TLT ina risk-off environment?
On the ninth day of selling my true love gave to me, 9 ladies dancing.
That's one of those moments when you just can't have enough one dollar bills ;)
Rising unemployment for young people
Lower economic prospects for college grads
Fracturing social structure
Hotter strippers! Thanks to The Hill
A lapdance is always best when the stripper is crying.
Here is the link:
Uncle Limpy's Hump Palace...lol
You know she had a choice and blew it.
Am I seeing the beginnings of a parabolic arch being traced out on the 10 day hourly SPY chart ? Strap in bitches the flush is just a few hours out... or so I'm thinking
Edit: Actually the 15 minute bars show the slow but building arch better.
I see it too, what time you estimate today or tomorrow?
And don't elbow the women and children out of the way. They get to go first.
sir he threw his captain's uniform off, slapped on a wig and slipped into dress!
what? where is he?
over yonder on that there dingy......
the costanza trade is on bitchez!
That never gets old. :)
but... this ship can't sink!
She is made of iron, sir. I assure you, she can... and she will. It is a mathematical certainty!
Reversals, while they can be only temporary, typically occur on high volume...
This move down based on nothing new, Stocks oversold
Bears will probably try again tomorrow. Nothing extraordinary on the charts as well. Copy of the 2010
drop still more room to move down to around 11370 or so
on the DJI and 11770 on SPY, that's worse case scenario.
To talk about recession, wake me up when OIL hit below $50 and Silver around $20/oz, not going to happened? That's why stocks won't drop too much. Buy the F DEEP.
Is that you Cramer?
What happened to Spalding, and his High-Grade Structured Credit Strategies Enhanced Leverage Master Fund?
Robo and Spud have left for the Obama youth camp!
Election coming up lots of hope and change to learn now.
"Incidentally, the longest losing streak in US markets history is 12 days, recorded in both 1941 and 1968. This means we are just three more days of Eurocontagion from making history."
I just read an article on MarketWatch that said the longest number of down days was 14, that ended on August 13, 1941.
In fact, the all-time record for number of days in a row in which the Dow fell appears to be 14 — a streak that ended on Aug. 13, 1941, as the rumblings of World War II were reverberating through Wall Street.
Stocks headed for the moon in 5,4,3,2,1........
Dow has already gone from -163.4 to -3.94. Green Shoots are asproutin! I don't think we'll make ten days.
Big volume on down days. Little volume on up days.
Sounds like the stock market is getting concentrated into the hands of only major players. The suckers are heading for the exits.
It also sounds like Spring 2008 all over again.
Excuse me where did you see big volume?
In 2008 Market trading VOL was 3x today volume.
Volume is low. If you think Bernank will watch how
his previous 1T$ QE 1-2 goes down in flames, think
again. I know you guys love to see Market crash, so
your neighbors and friend lose all their money, because
they don't give a jack A$$ about Silver or Gold. :)))
Welcome new troll!
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