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GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

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  • GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

    1st one of 2012:-
    http://www.zerohedge.com/news/gold-s...en-away-spread
    Mike

  • #2
    Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

    Originally posted by Mega View Post
    So Europe *does* a 500B+ LTRO and the Fed *talks* about not doing QE3 and the metals plunge.

    We have entered the Twilight Zone....

    Comment


    • #3
      Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

      pretty impressive drop, though. Straight down at 10 AM eastern time, no bottom yet.


      Comment


      • #4
        Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

        Originally posted by jpatter666 View Post
        So Europe *does* a 500B+ LTRO and the Fed *talks* about not doing QE3 and the metals plunge.

        We have entered the Twilight Zone....
        yeah. Europe price down as well after the LTRO. Take home: The only price that matters is New York.

        This could be our first $100 day ;-)

        Comment


        • #5
          Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

          Comment


          • #6
            Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

            dude seriously chill out. It really is not mature to be posting all this ridiculous emotional outburts on the forums.

            Comment


            • #7
              Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

              Originally posted by ProdigyofZen View Post
              dude seriously chill out. It really is not mature to be posting all this ridiculous emotional outburts on the forums.
              Ha....Mega's one of the few we tolerate this from -- its become tradition!

              Comment


              • #8
                Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

                Originally posted by jpatter666 View Post
                Ha....Mega's one of the few we tolerate this from -- its become tradition!
                Yes, it's become kind of a running gag; I'm very fond of it.

                Comment


                • #9
                  Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

                  For sure. I came to iTulip today just to read this one thread! Let's all thank Benny Boy for the buying opportunity.
                  Warning: Network Engineer talking economics!

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                  • #10
                    Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

                    the only news in the ltro yesterday was its slightly larger than expected size. it was the 2nd of 2 promised installments. buy the rumor, sell the news. we're awaiting a rumor of a 3rd ltro, but i suspect it won't come until things heat up again in the european bond markets. and ben, testifying on the hill, isn't pledging any printing in our immediate future. i'm surprised equities aren't down more. they've got to tank to elicit more fed action.

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                    • #11
                      Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

                      well that makes it official. We have hit a $100 down day. I'm going to go find a job :-(

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                      • #12
                        Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

                        Originally posted by globaleconomicollaps View Post
                        well that makes it official. We have hit a $100 down day. I'm going to go find a job :-(
                        No need for despair. EJ warned us of increasing volatility in gold.

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                        • #13
                          Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

                          I'm going to go find a job :-(
                          Yeah ... good luck with that :-) "do you want fries with that?"

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                          • #14
                            Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

                            http://jessescrossroadscafe.blogspot...or-silver.html

                            BTFD
                            Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. -Groucho

                            Comment


                            • #15
                              Re: GOLD GETTING K I L L E D !!!!!!!!!! (c 2012)

                              gold fell about 5.3%
                              silver fell about 6.7%

                              Every time this happens (since I bought a little metal in August 2011) it seems silver always falls more than gold. And I think it climbs slower when gold climbs... that suggests to me that silver is still reverting to some lower trend.

                              Comment

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