The price of gold fell 13 percent in just two days this week – its biggest two-day decline in You must Subscribe or log in to read the rest of this content.
Tax day liquidation contributed as well…banks are stuffing away reserves keeping a lid on inflation(for now) with a booming stock market.
There was also the Cyprus gold entering the market as a psychological factor among other things.
If you think that $85 billion in new issuance a month isn’t going to drive it back up then short it. For some, it’s a another good time to buy on dips if you are long.
Tax day liquidation contributed as well…banks are stuffing away reserves keeping a lid on inflation(for now) with a booming stock market.
There was also the Cyprus gold entering the market as a psychological factor among other things.
If you think that $85 billion in new issuance a month isn’t going to drive it back up then short it. For some, it’s a another good time to buy on dips if you are long.
listen just to help you out cause i’m a nice guy – rich people want bond returns to rise so that they can sit on their fat fannies and live off the safe income of t-bills. as far as they’re concerned, the sole purpose of the treasury is to mail checks to trust fund babies. they cannot understand why the treasury is messing around trying to fix the economy for someone other than them. chris martenson is a tool. a dull tool. don’t be a tool’s tool.
listen just to help you out cause i’m a nice guy – rich people want bond returns to rise so that they can sit on their fat fannies and live off the safe income of t-bills. as far as they’re concerned, the sole purpose of the treasury is to mail checks to trust fund babies. they cannot understand why the treasury is messing around trying to fix the economy for someone other than them. chris martenson is a tool. a dull tool. don’t be a tool’s tool.
The banking investors are smart, you dump a shit-load of gold into the market which causes others to dump right afterwards. The price plummets and then you go back in and buy everything you sold plus more at a lower rate. At the end of the week you dump one million ounces and then buy back 1.2 million ounces for a break even price. It’s not rocket science.
The banking investors are smart, you dump a shit-load of gold into the market which causes others to dump right afterwards. The price plummets and then you go back in and buy everything you sold plus more at a lower rate. At the end of the week you dump one million ounces and then buy back 1.2 million ounces for a break even price. It’s not rocket science.
Why would gold be valuable as a method of exchange after a global financial collapse?
What in the hell would you do if someone hoarding food supplies said “No thanks.”
If it were valuable it would only get you and your family killed. With a little luck maybe Glen Beck also.
Why would gold be valuable as a method of exchange after a global financial collapse?
What in the hell would you do if someone hoarding food supplies said “No thanks.”
If it were valuable it would only get you and your family killed. With a little luck maybe Glen Beck also.
Wait…you mean all the freaking out about inflation didn’t pan out? I see the usual suspects are still flogging it despite all the evidence. Well, I’m sure there’s other things to ring your hands over. Maybe a kid’s art project. Oh yeah, that was last week.
Wait…you mean all the freaking out about inflation didn’t pan out? I see the usual suspects are still flogging it despite all the evidence. Well, I’m sure there’s other things to ring your hands over. Maybe a kid’s art project. Oh yeah, that was last week.
Brilliant analysis, as always. Central banks’ expansive monetary policy, which has been going on for what, 6 years?, was going to jack up inflation. It didn’t. Now the gold bugs look even sillier than normal and so they claim “those closest to” the centrals banks have somehow pocketed the inflation? Good Lord. Did anyone take economics in college at FITS?
Brilliant analysis, as always. Central banks’ expansive monetary policy, which has been going on for what, 6 years?, was going to jack up inflation. It didn’t. Now the gold bugs look even sillier than normal and so they claim “those closest to” the centrals banks have somehow pocketed the inflation? Good Lord. Did anyone take economics in college at FITS?
28 comments
Maybe Goldfinger is still alive.
Maybe Goldfinger is still alive.
She looks like Bobby Harrell’s girlfriend, the real estate lady, Nancy Latham. One of the two women in the murder-for-hire sensation in Charleston.
She looks like Bobby Harrell’s girlfriend, the real estate lady, Nancy Latham. One of the two women in the murder-for-hire sensation in Charleston.
Hey! Who was jerk on here pushing gold and shit a while back?
Glenn Beck did constantly.
Hey! Who was jerk on here pushing gold and shit a while back?
Glenn Beck did constantly.
Tax day liquidation contributed as well…banks are stuffing away reserves keeping a lid on inflation(for now) with a booming stock market.
There was also the Cyprus gold entering the market as a psychological factor among other things.
If you think that $85 billion in new issuance a month isn’t going to drive it back up then short it. For some, it’s a another good time to buy on dips if you are long.
Tax day liquidation contributed as well…banks are stuffing away reserves keeping a lid on inflation(for now) with a booming stock market.
There was also the Cyprus gold entering the market as a psychological factor among other things.
If you think that $85 billion in new issuance a month isn’t going to drive it back up then short it. For some, it’s a another good time to buy on dips if you are long.
this is an impossibly stupid analysis of the movement in gold prices. and a tremendously gullible re-tweet of a bad analysis of bond prices.
this is an impossibly stupid analysis of the movement in gold prices. and a tremendously gullible re-tweet of a bad analysis of bond prices.
listen just to help you out cause i’m a nice guy – rich people want bond returns to rise so that they can sit on their fat fannies and live off the safe income of t-bills. as far as they’re concerned, the sole purpose of the treasury is to mail checks to trust fund babies. they cannot understand why the treasury is messing around trying to fix the economy for someone other than them. chris martenson is a tool. a dull tool. don’t be a tool’s tool.
listen just to help you out cause i’m a nice guy – rich people want bond returns to rise so that they can sit on their fat fannies and live off the safe income of t-bills. as far as they’re concerned, the sole purpose of the treasury is to mail checks to trust fund babies. they cannot understand why the treasury is messing around trying to fix the economy for someone other than them. chris martenson is a tool. a dull tool. don’t be a tool’s tool.
The banking investors are smart, you dump a shit-load of gold into the market which causes others to dump right afterwards. The price plummets and then you go back in and buy everything you sold plus more at a lower rate. At the end of the week you dump one million ounces and then buy back 1.2 million ounces for a break even price. It’s not rocket science.
The banking investors are smart, you dump a shit-load of gold into the market which causes others to dump right afterwards. The price plummets and then you go back in and buy everything you sold plus more at a lower rate. At the end of the week you dump one million ounces and then buy back 1.2 million ounces for a break even price. It’s not rocket science.
What’s gold? What, who what?? Story. Oh. Yeah. Sure yeah gold ok. Whatever :)
What’s gold? What, who what?? Story. Oh. Yeah. Sure yeah gold ok. Whatever :)
Why would gold be valuable as a method of exchange after a global financial collapse?
What in the hell would you do if someone hoarding food supplies said “No thanks.”
If it were valuable it would only get you and your family killed. With a little luck maybe Glen Beck also.
Why would gold be valuable as a method of exchange after a global financial collapse?
What in the hell would you do if someone hoarding food supplies said “No thanks.”
If it were valuable it would only get you and your family killed. With a little luck maybe Glen Beck also.
Wait…you mean all the freaking out about inflation didn’t pan out? I see the usual suspects are still flogging it despite all the evidence. Well, I’m sure there’s other things to ring your hands over. Maybe a kid’s art project. Oh yeah, that was last week.
M.I.T. metrics show inflation: http://bpp.mit.edu/usa/
Wait…you mean all the freaking out about inflation didn’t pan out? I see the usual suspects are still flogging it despite all the evidence. Well, I’m sure there’s other things to ring your hands over. Maybe a kid’s art project. Oh yeah, that was last week.
M.I.T. metrics show inflation: http://bpp.mit.edu/usa/
Brilliant analysis, as always. Central banks’ expansive monetary policy, which has been going on for what, 6 years?, was going to jack up inflation. It didn’t. Now the gold bugs look even sillier than normal and so they claim “those closest to” the centrals banks have somehow pocketed the inflation? Good Lord. Did anyone take economics in college at FITS?
Brilliant analysis, as always. Central banks’ expansive monetary policy, which has been going on for what, 6 years?, was going to jack up inflation. It didn’t. Now the gold bugs look even sillier than normal and so they claim “those closest to” the centrals banks have somehow pocketed the inflation? Good Lord. Did anyone take economics in college at FITS?
So, just to nitpick….
What does the picture have to do with gold?
So, just to nitpick….
What does the picture have to do with gold?