Guest Posted June 25, 2004 Report Share Posted June 25, 2004 Well, this morning we will see first hand how powerful the forces aligned against gold really are. Everything points to increasing inflation and a Fed that is cooking the numbers in the direction of minimal if any increase in interest rates. If gold is held back today, it will not be for any technical or market-based reason. With every print and spend politician and every central planner in the world firmly against gold, I'd say those forces are fairly powerful. Link to comment Share on other sites More sharing options...
Guest Posted June 25, 2004 Report Share Posted June 25, 2004 Constitutional Crisis. Ignore who the messenger is, read the message: http://www.commondreams.org/views04/0624-15.htm Read John Dean.....Worse than Nixon. Econdata, the scham that it is , is gettin' worse , showing signs of threadbare fraying inside the edges. Anyone know of a good cooperage? Might need a fine fashionable barrel shortly. Link to comment Share on other sites More sharing options...
Drano Posted June 25, 2004 Report Share Posted June 25, 2004 If gold is held back today, it will not be for any technical or market-based reason. Down 1.20 right now Link to comment Share on other sites More sharing options...
Drano Posted June 25, 2004 Report Share Posted June 25, 2004 Anyone know of a good cooperage? Might need a fine fashionable barrel shortly. Try China. Outsourced. Link to comment Share on other sites More sharing options...
Guest Posted June 25, 2004 Report Share Posted June 25, 2004 Anyone know of a good cooperage? Might need a fine fashionable barrel shortly. Try China. Outsourced. Link to comment Share on other sites More sharing options...
machinehead Posted June 25, 2004 Report Share Posted June 25, 2004 ``We've come to a point where there is more value in the U.S. market,'' Gross said in an interview at his Newport Beach, California, office. ``It doesn't suggest that the bear market is over, but it does suggest'' investors are paying prices for bonds that reflect ``gradual Fed rate increases, or even more.'' Treasuries ``are sort of a safe-haven type of market, and we are relatively neutral there,'' he said. Just the day before yesterday, someone from Gross's office was interviewed on Bloomberg Radio. He said stay the hell out of the U.S. Put your fixed-income money into Europe, where there's a more anti-inflationary central bankster regime. So much for that advice. Pimpco probably has been shoveling funds into U.S. bonds for a couple of weeks, as evidenced by the falling yields over that period. It just goes to show the necessity of thinking for yourself, rather than swallowing touts from shill money mismanagers and shill financial 'journalists.' Link to comment Share on other sites More sharing options...
brian4 Posted June 25, 2004 Report Share Posted June 25, 2004 Window opening as we speak for one hour Helmets on, Lock n Load! Link to comment Share on other sites More sharing options...
HiHat Posted June 25, 2004 Report Share Posted June 25, 2004 still leaning towards stained jeans move into 1150's. however i believe move fails right here right now or will carry to 1160's...........then correct up into 1160's may point to a move up to 1190's Link to comment Share on other sites More sharing options...
brian4 Posted June 25, 2004 Report Share Posted June 25, 2004 Here is what I expect today-either we blast off and close over 1151 (doubtful) or implode (likely). A close over 1151 is curtains for we Bears for a fair while, the Bulls know failure here is curtains for them. The windows come fast and furious today and so does the astro component so Buckle up and hang on today should be wild. Link to comment Share on other sites More sharing options...
Bearman Posted June 25, 2004 Report Share Posted June 25, 2004 al gore Our country is based on a constitutional republic, not a democracy. IMO the title exemplifies everything gone wrong. That it was written by a vice president..... DAM STRAIGHT A REPUBLIC! al bore tranfer of wealth man al's the biggest joke on the planet Link to comment Share on other sites More sharing options...
soup Posted June 25, 2004 Report Share Posted June 25, 2004 reading and hearing about a lot folks "geting rich" by selling puts naked. Obviously this is what the vix is telling us. Link to comment Share on other sites More sharing options...
brian4 Posted June 25, 2004 Report Share Posted June 25, 2004 Remember my July $80.- puts on VAR stop $81.- from the other day-KACHING! Link to comment Share on other sites More sharing options...
GregFokker Posted June 25, 2004 Report Share Posted June 25, 2004 Anyone tallied up the repos for today? Link to comment Share on other sites More sharing options...
Henny Penny Posted June 25, 2004 Report Share Posted June 25, 2004 This is a very sick market, tottering around like a beaten up boxer after being knocked down . Clearly growth is slowing and inflation is rising - spell that stagflation. You wouldn't know it by looking at TIPS, Gold, or the US Dolar - which a re all acting like the Fed is aboiut to do a Volker. Wild. Link to comment Share on other sites More sharing options...
GregFokker Posted June 25, 2004 Report Share Posted June 25, 2004 -1.5B net looks like. Link to comment Share on other sites More sharing options...
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