Stacy Summary: Vigilante justice! Or, once again in the words of @Mike/Liverpool . . . Gold is crashing!!!
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crash banksters – Buy Silver & gold
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Most recent: 
If Gold ever reaches 7000 $
barter system of trade will initiate before ya can sell ya precious Gold
Most of ta times peeps ferget to use tear 6th Sense ie COMMON SENSE
- Bonn
Hic
come on $ 7000 gold!
Everyone is a speculator…
call it betting or investing…
the only difference
is tolerance of risk…
How silver production compared to Gold? Any silver believers here? Besides shorting, what’s keeping it down. Shouldn’t it be the middle class value store?
Mickey Luv, I think you are Mega!
@Snoot
yeah that’s a distinct possibility – If it becomes a “national security issue” all bets are off.
Those nasty gold bugs are the reason for the inflation , do your duty ,blah blah blah.
I sense the approach of a pyrrhic victory
Hmm. “First they mock you. Then they revile you. Then they call you some kind of ‘terrorist’. Then they get their thugs to misdirect your plane into a handy mountain, or bridge, or large building, or ocean.” — Old Spook Guy, “The Little Big Book of Deep Politics and Thuggery” Out of print.
gold has hit a new record $1231
http://i.imgur.com/V0xkj.gif
@Mike/liverpool gold is not getting killed!
@dork:
I’m afraid that the gold may not be where the central banks say it is:
http://www.financialsense.com/fsu/editorials/2006/0119.html
Now that the price of Gold is once again is above $1200 I think it is time for Max and Stacy to revisit the promise of getting Max to talk about the psychology in that number, which I believe Stacy promised the last time Gold reached the same price level. Fingers crossed!
@Brandon
I agree that gold is great portfolio and armagedon insurance but for investing forget it. Talk the people who bough in 1980 had to wait until the new millennium to break even.
Why would you want to sell the precious to the Chinese ?
All the ECB has to do is start printing then buying gold held outside governmental hands with the printed paper.
Watch that debt magically disappear
The Nuclear option is getting closer…….
Well, well, gold is still going up, silver as well. I guess I should invest a few dollars of my paltry “savings” before the price goes out of my range. On the other hand, I’m thinking a solar freezer might be just as good an investment. Is this the beginning of the second wave of the depression (calling it by its proper name)?
Let us not malign the Germans and all of their heritage; there are some 50+ mill. US citizens that can claim German ancestry. I am one of them.
http://en.wikipedia.org/wiki/German_American
I just sold a half ounce yesterday for some short term cash. I still own a good amount of Gold and Silver however. Gold, Food and Guns are the most vital things to have. Portugal may have large gold holdings but the Anglo Saxons will fight hard for a gold dump and much lower Gold prices. Italy also has large gold holdings. Maybe China could buy from those two nations. China could prop up the Euro. Gold is the biggest threat to the Dollar system in my view.
Harry, you are betting whether you realize it or not. This is just a big casino, albeit with better odds. My view is that gold is “lowish” in the long term but overbought near term. Even if I am wrong, I think I am taking a rational approach concerning risk/reward.
We do not bet. We invest.
And some of us believe the gold price is still lowish.
@Harry
Because that is the way that most markets work. They tend to fluctuate due to investors selling to take profits while other investors will support the price by buying. It has been my perception and experience that sharp vertical ascents are usually followed shortly by sharp corrections. It could be different this time, but, for me, that is not the way to bet. imho
Refer to part I of contents – Portugals gold assets must now be worth north of $15 Billion and rising.
http://www.imf.org/external/np/sta/ir/prt/eng/curprt.htm
@WH: why would gold go down significantly first before rising?
@Brandon shanks
I am not so sure that some European Governments would be happy with a low Gold price.
Portugals credit worthiness is now linked with its huge gold holdings and the higher the gold price the happier the Portuguese.
Germany is not the “cancer” I just drove to Dresden and Bautzen. Germany produces. I am not defending Gerrmany but “cancer” is the wrong word.
@Brandon Sanks
I agree that the gold dump is coming. While gold makes new highs, gold shares do not. This is a negative divergence which usually means that the rally will not be sustained in the short term. I think a collapse to 1000 is optimistic. Gold will go to 1500 but not before it goes below 1000 imo. When I see a vertical ascent, I often also see a bubble. When you notice exuberance among the posters on this site regarding gold, we are likely near an intermediate peak.
On the Kitco chart above, Gold appears to be crashing upwards. $1,219 +16.40 12:31 pm.
I thought the scenerio was supposed to be Americavs.America. I must be on the wrong cable channel!!!
@FichDich:
That rhymes in English. Does it rhyme in German? I always wondered why they said English was the daughter of German: more a bastard child really. Fick Dick. Fuck Duck. My, words are nice even if people aren’t: don’t you think so?
I see a big gold dump coming soon. The central bankers are freaking out with the price being over $1,200. I look for new supply to enter the market soon and the price to fall to $1,000. Gold will eventually rocket past $1,500 on huge demand especially in Western Europe, China, Russia and India but not before falling first. China must dump many more dollars. Does anybody agree with me that Gold will pullback before making a new record high?
@Europe – lol, okay, didn’t know you were that sort of advanced human being . . . just great
@stacyherbert
This is for you “stupid silly blond”:
http://pt.wikipedia.org/wiki/Loira_burra
“Buy Gold” = Germanic Con
“Buy Silver” = Germanic Con
@The Dork of Cork
A song for you http://www.justsomelyrics.com/1000209/Gabriel-o-Pensador-Loura-Burra-Lyrics i.e. German Blonds are stupid!
@EuropeVsAmerica – Woah, buddy; (aside from one or two of us, and you extraterrestrials know who you are) we’re all human here first; then lots of other things second; no nationalistic slanging matches here, save that for the football pitch
@frances snoot
Fick dich!
@turbulence
You are German trash right?
heh, Dedo:
http://www.youtube.com/watch?v=2AJi80QInTY
http://img.allposters.com/6/LRG/12/1259/V42T000Z.jpg
If he said no to her, he wasn’t a ‘guy’. Perhaps he was more like a fatted calf?
He was a good pious Christian soul – I am sure the Gods were satisfied at least for a time.
If the guy shagged Brit Ekland he would not have had such a fiery end – never never say no thanks to Miss Ekland
@Dorko:
What a fat pathetic sacrificial offering! Couldn’t they do better than that?
@Snoot
We do more then just dance around a maypole.
http://www.youtube.com/watch?v=UEOQqnHMSMc
@Frances,….The children are taught it’s a maypole,…we adults know different,..huh!
(Sick fkers, dose pagans)
@stacyherbert . . . there will be blood
There’s blood in the streets, it’s up to my ankles
There’s blood on the streets, it’s up to my knee
Blood on the streets in the town of Chicago
Blood on the rise, it’s following me
Think about the break of day
http://www.youtube.com/watch?v=KRJKOtM-onM
@EuropeVsAmerica:
Good Lord! Things sound positively tribal over there! Do y’all still dance around the maypole as well?
Ma Me Elbow hit tee Vase and I broke ta world Economy
Hic
@Europe Vs America
What a load of crap
If you want to get a reasonable appreciation of German Culture from a Anglo saxon perspective and have a Good read I would Recommend some John La Carrie.
Europe would be a shadow of its self without German culture.
“Absolute Friends” is a good angry politically charged read for example.
I wonder what the PPT is gonna do now
600 trill more to go
ROFL
Hic
I told ya Peeps are gonna ask where did tat 1 trill fer EU come from
lololololololololo
Hic
max is right about his coke scheme. It could actually work and if it does it would make corporations act more repsonsibly
Stacy, oh well, I guess you’re right
I always heard “bond vigilantes” but then again I guess it’s an obvious step…
I anticpate another “fat finger” day today since the Senate will be debating the Vitter amendment regarding an audit of the FED’s FOMC workings. Goldman can’t have the People understanding the fraud of the FED. Look for a crazy ride on the dow today until they kill this amendment too. Nothing like a little “Stock and Awe” from the WAll Street Corporate Welfare Complex today.
@EuropeVsAmerica
Never read greater shit
In support of Max’s Thursday crash theory:
Did Goldman Sachs Engineer The 1000 Point Plunge?
http://www.youtube.com/user/farmanntv#p/u/1/o9mboOJbmf0
(may 7 – 10 min.)
My favorite market commentator from home – Hans Jørgen Lysglimt, an austrian economist, share his thoughts about the crash.
Germany is the cancer of Europe? http://tn0.eu/ec
I saw some very interesting anonymous comments to this article Economists Germans consider the European package of insufficient help that is a good idea to share.
The expulsion of Germany’s Euro and non-recognition of the German currency for the rest of Europe is the solution for the barbarians in order. That will annoy and destroy the beam that goes away. Come back to “Deutschland über alles” to the steppe at the foot of the Urals where they came from, and where they should never have left. While Europe does not address the conduct of the Germans will always have to bear the consequences of the barbarians. Germany owes more to Europe, which made for damage that could ever pay. Since the loss of civilization when they arrived here, the continuous wars that always caused by the operations of service of the sham of easy credit provided by German banks, and now the current internal destabilization of the euro, the barbarians are pest and disease in Europe. One can not live peacefully while we have the threat of human garbage that are the Germans, sully us there. There patience with the scum of barbarism.
“This was not the monetary union we wanted” was no longer a Europe without colonies in the world, what we wanted and have it the fault of the Germans. Nor was it a Europe devastated by the Germans twice in the last century and what we wanted had to endure. Barbarians regrouped, are on the loose and already have wills. The other times attacked by war, now attacking with market operations. If the German banks can not sack over southern Europe, with the tricks credit Easy and related achievements, assuming they did not continue to pin the blame on circumvented by swindling banks. They mocked the fact that with the credits after all not have the money they thought they serve. What a bummer. Germany and cancer Europe. Let there be patience with the barbarians. Contrary to the claim, the expulsion from Germany of the euro is the best guarantee for the stability of the euro. Eliminates is the country that has more weight in the euro and who uses that weight to the destabilize the inside.
The Cancer of Europe: Germany! http://tn0.eu/ec
@stacy
Yesterday the dow was up 400 right from the start and stayed there all day until the close. Is that an indication of the short squeeze that everyone was talking about?
Dow futures are down 100.
@Adam Gibson – Woops, I certainly didn’t coin the phrase ‘gold vigilante’ . . . that’s been around forever and a day!
I’m not sure why I find this so amusing, but the WSJ seems to be trying to pin the flash crash on Taleb!
http://online.wsj.com/article/SB10001424052748704879704575236771699461084.html?mod=WSJ_World_LeadStory
It’s actually quite an ugly accusation if you think about it, and the article is almost complete drivel. Still what do you expect from Rupert’s organ?
Gold vigilantes … Stacy you did it again, coined a new meme. That one is going to spread, I’m almost sure of it.
The equities/gold decoupling might be the most obvious measurable effect of this crisis.
@ Goods Thank you I shall do so at the next opportunity
@Jimbo
Perhaps
I’m aware of that Von Hess, I think he has a very good insight
You still sleepwalking ?
I didn’t get..super, uber, dooper, goober rich by not doing my homework
- Warren Buffet
Max Keiser seems to be a very smart man and a great analysts of how the market works so it surprises us when he comes up with the coka cola scheme.
We all know that if we bring down Coke in the cellar Pepsi will sit on the throne, so to speak.
Well I would buy Pepsi if Coka Cola collapses. Peace Love and Understanding from Franz.
http://www.guardian.co.uk/business/2004/nov/26/9
I can see where your “obsession” with market manipulation comes from
he he he
LOL @ the Coke gag.
Anyone watching silver go vertical through $19? At this rate, silver will beat gold to $1300!
@Franz
That is absolutely correct, please watch the documentary The Money Masters by Bill Still. Unfortunately the gold bugs are playing right into Rothschilds hands.
First time I ever heard of a stock broker that didn’t like Coke XD
Markets ! Finance ! Scandal !
LOL
Mad Max
Dear, oh dear. What is it about the off-spring of the super rich? Some really do believe they exist beyond the normal forces and controls of society. According to reports, a guy called Max Keiser, described as an “anti-capitalist former stockbroker”, has teamed up with Zak Goldsmith, son of Sir James Goldsmith, to pursue a fantastical scheme for making money by shorting Coca-Cola stock and distributing the proceeds to “victims of Coke’s business model in places like India and Cambodia”.
Seemingly, Zak, who edits the Ecologist magazine, will write beastly things about Coke, so consumers the world over will then stop buying the drink, and shares in Coke will subsequently tank.
Meanwhile, Max will have already built up a huge short position (selling shares he does not own) through a hedge fund, with a view to buying back Coke stock to fill his trading position once the financial markets have cottoned on to what a nasty company Coke really is.
We can see why Max is a “former” stockbroker. The financial markets already know all about the challenges faced by Coke in selling its pop in a world increasingly obsessed with the issue of obesity. That’s why the shares have fallen by a third since April.
And we can only scoff at the firepower being employed: Max says he has “several hundred thousand dollars” in his hedge fund, which is going to last all of five minutes in the market for Coke stock – which runs to $95bn.
We can also see why Max is going to remain a “former” stockbroker, since he and Zak have come up with a plan that is illegal on both sides of the Atlantic. It’s called market manipulation – and these boys can expect trial without a jury, no right to silence and an unlimited fine at the end of it.
Still, it was kind of them to tip off the SEC and the FSA in advance. Financial regulation would be a breeze if all market criminals were so considerate.
Come the revolution …
@ FranSix
http://www.youtube.com/watch?v=oWFhfoAvkmc&feature=player_embedded
Please GS, JPM and FED let the Euro crash immediately today, before we send our money to Greeks, SPain and Italy.
Make it, stopp the stupid German and French Politicans to destroy our savings with bailing out the Banks.
@Mike/Liverpool – yep, and the Feds don’t like it when the vigilantes take justice into their own hands . . . there will be blood
Futures and coffee:
http://quotes.ino.com/analysis/extremes/futures
top: gold
bottom: £/¥
Heard that the gold markets were owned and rigged by the Rotschilds, – anyone care to comment?
Its a Game of two Halfs Stacy, not over yet!
Mike