ManAboutDallas

Yen, Gold and the Perfect Desert Storm

Alas, Ms. Piano, while the trivial answer is "yes, they can" the brutal reality is that, as you may have noticed, the Internet is the quintessential definition of asymmetric warfare, i.e. there is no effective defence against any sort of organised offence when the offence can be mounted cost-free, or nearly so.

Stopping the spammers is, to expand on your analogy, akin to trying to bail the Titanic. And the Band played on.


On Nov 27 11:40 PM annepiano wrote:

> Cannot the administrators block this idiot's spam ?

U.S. Treasuries in a Bubble, Not Commodities

It's the last-gasp attempt by the Fed to manage the yield curve and pretend "everything's ok". The inevitable can be forestalled only so long, however. The pin this bubble will find is when either:

1. Gold tops $1344; or
2. Oil reaches $100 again.

At that point the US$ will be carried off in a body bag and it'll be "Weimar, Part Deux" time.

Rally as Expected, Another Gold All-Time High

And you can always drink the oil, right Chris? Get used to "[T]he gold story", Chris, it's here to stay to $6000 an ounce. Might even buy 'ya that bomb shelter you'll be needing, too. If you've got an ounce then, that is.


On Nov 10 11:49 AM chris coonan wrote:

> The gold story is getting a bit old. Oil is more interesting, as
> it tends to affect people more directly. The price of a bar of gold
> sitting in a storage locker doesn't do much for me, of course, my
> family never invested in bomb shelters either.
>
> I am sure that in the apocolypse, it will come in handy, and you
> can buy the last of the canned goods at the market.

Today in Commodities: Dollar Up, Again

You appear to be one of those poor souls who thinks the world begins at the Statue of Liberty and ends at the Golden Gate Bridge.
Sure enough, the United States is in recession and heading for worse, but the U.S.'s day in the sun is over, and the rest of the world is raring to go.

On Oct 28 11:19 PM CLH wrote:

> Commodities don't go up during a recession (depression?). Gold doesn't
> go up during deflation. These things seem simple to me.

Dow Breaks 10,000 for 26th Time While Gold Shines

The banks will have to start lending out the billions, maybe trillions, they're sitting on right now, if only to start producing some kind of new Fantastic Fantasy Earnings. They simply can't "stand pat" for long. And as soon as one of them - just ONE - gets tired of making the paltry amount they're getting from the Fed, and gets bitten by The Greed Bug - as will inevitably happen - the rest will follow like The Good Little Lemmings that they are.

That's when the "velocity" component of money supply will light the fuse to Weimar-style hyperinflation, because the money won't come flowing out in a controlled, kitchen-sink-faucet manner; it will come flowing out like a tsunami wave.

With no manufacturing base left in the U.S., and China Factories Incorporated more and more reluctant to sell to the U.S. in US$, all that money will be chasing what few goods are produced, or imported.

Hyperinflation, guaranteed.

Stocks Embrace Takeovers

The sudden re-emergence of "takeovers" is probably the surest sign of all that a major market top has been put in place, or shortly will be.

Watch for one of these deals falling apart as the trigger that will start The Next Big Crash, the one that will take us to Dow 3000. Yes, I said "Dow 3000".

The Metamorphosis of a Bear into a Bull

The fact that even Grant has been sucked down this Alice-In-Wonderland Rabbit Hole ought to be the surest sign of all that this rally is in its last days, and on its last gasp(s).

Stock Market Overbought: What This Means for Silver and Gold

You must have been either:

1. Asleep; or
2. Not yet alive

in the late 70's.


The likelihood of gold ever seeing $800 again - at least in terms of the current US$ - are about the same as the Pope converting to Buddhism.



On Aug 31 05:14 AM rick12345 wrote:

> Every day the futures point to a negative start, and every day the
> market fights back. What does this tell you? It tells you that someone
> is making money from all of the fear-mongering which has occurred
> lately. As for the market crashing - show me the recent spike in
> volatility and I may start to believe you. Gold will hit 800 soon,
> so I would advise people to sell while the price is up; equity markets
> will rise, bonds will rise (spreads will tighten), USD will rise
> - not good for gold unless inflation kicks in (unlikely unless the
> economy expands with a vengeance).

Four Reasons We're Headed Even Higher

Articles such as this one by Pixilated Pollyana Pinhead Leprechauns such as this one, telling us in no uncertain terms why Trees Are Going To Grow To The Sky, are probaby the best signal of all that a Major Top is probably nigh, if not already seen.

With luck, and enough cheerleading from the BubbleHeads of BubbleVision and the likes of Cramer The Pixilated Leprechaun, the Dow might... might... make it to about 10,344, or eke out a headfake somewhere over 10,000 one last time to butter up every last chump including, presumably, the redoubtable and gullible Mr. Schwarz .

The Dollar Must Decline for the Market to Rise

It will, briefly. Up to about 10,334 which is the 50% Fibo of the October 2007 all-time top and the March 2009 panic low; and also roughly the tipping point of the October 2008 Massacre.

From there, it's going to be non-stop to 2600 Dow as everyone finally realises the game is over for good and the real panic sets in.


On Aug 24 12:02 PM epeon wrote:

> if your thesis is correct, then the stock market is going to take
> off. Because current administration policies will trash the dollar.

Mining Stocks Are Trading Sideways: Consolidation or Another Top?

The mainstream media, including the financial media [think: BubbleVision BubbleHeads and Cramer The Pixilated Leprechaun] are all bought and paid for by The Powers That Be. Given that extant paradigm, you can be sure they're going to pore over every page of The Big Joe Goebbels Big Lie Playbook to come up with the necessary prestidigitation and prevarications in order to divert the Pavlovian Masses' attention from what's REALLY going on in the economy in general, and the financial markets in particular.

But just as Joe found out, the Big Lie/s end/s when there's nobody left willing to believe them; and that moment's arrival is nigh.

Cramer's Mad Money - 5 Mistakes Amateur Investors Make (7/31/09)

The biggest mistake amateur investors make is listening to pixilated leprechauns such as Cramer!

Today in Commodities

NatGas has bottomed, or will shortly. This week's Barrons has one of their paid-for-and-planted "bear" stories on NatGas. Always remember that Barrons is the paid sock puppet of the Banksters, so if Barrons is bashing NatGas, it means the Banksters want to BUY with both hands... from those foolish enough to always believe what they read.

Today in Commodities

Afternoon, 'Bard. Yup, right on time and right on cue... US$ rally underway. 61.8 Fibo fast approaching at just shy of 80 on the Dollar Index, using the early July high and the day-ago low. I'm thinking they're going to top-tick it with a teeny overshoot above 80 to get the $ bulls all excited again and butter them up before the drop resumes, just like they buttered the $ bears with the head-fake double bottom.

Precious Metals’ Gleam Is Not Tarnished: When Will They Finally Bottom?

The best picture of what's happening right now with the Dollar Index is on the 8-hour chart. From the 89.624 top on March 3, the Dollar Index has been in a textbook-perfect 5-wave decline, with wave 4 about to wrap up, and the bottom falling out going into wave 5 down. The measure of wave 5, based on the lengh of wave 1 ( about 7 points ), will put the bottom in at about 73.5. Fifth waves can and do extend, however, so 73.5 could be just a catch-its-breath point on the way to The Abyss.