Posted by Buygold
@ 18:15 on August 5, 2014
They can have all my stinking passwords, they aren’t worth much anymore anyway. Now, if they could just get Gates, Buffet and Soros’ passwords maybe they could steal something worth a damn or even Obama’s I heard he has $1 billion waiting for him in a Swiss bank somewhere as payment for destroying the US.
Posted by grin
@ 18:03 on August 5, 2014
agree 100%, and will add that the open is just as highly played. The first 15m swings everyone off the apple cart from the nights action….
What are fundamentals anymore in this sector?
I want my money back, now!
Posted by grin
@ 17:33 on August 5, 2014
Yes, I agree, so much for “the market is a price discovery mechanism”
the market is a %$#^@#$%$#. machine.
Posted by Maddog
@ 17:24 on August 5, 2014
They game the close EVERY day….sometimes though the mkt over powers them and we get a decent close.
What you saw tdy was pure gameing.
Cheers
Posted by grin
@ 16:56 on August 5, 2014
either way the action at the end of day was very strange.
As the gld deteriorated end of day the gold miner bearish etf fell right along side. Makes no sense.

Posted by Buygold
@ 16:49 on August 5, 2014
Posted by Maddog
@ 16:08 on August 5, 2014
Funny how the SM isn’t even down 1% and the financial pundits are in a tizzy. Imagine what it would be like if they held a pm stock.
Tells you that even they know it is all a crock and the SM is a disaster waiting to happen.
Gotta love the closes…you just had to buy the SM and sell the PM’s for yr portfolio as the World is such a great place.
Cheers
Posted by Buygold
@ 15:43 on August 5, 2014
Glad you’re still awake. Your argument about the oil price makes the most sense. Oil should be up big and yet it’s not. IMO, either the info we’re getting from around the world is B.S. and meant to deceive OR this is financial warfare 101. Probably both.
Funny how the SM isn’t even down 1% and the financial pundits are in a tizzy. Imagine what it would be like if they held a pm stock. Geesh.
Posted by Maddog
@ 15:29 on August 5, 2014
Hi there not sleeping yet…..Tks for the comment….Was watching Oil closely recently and noticed the hits coming at the same time….but as Richard 640 has said,they have a much harder time keeping Oil down.
But to see it down here with what is going on in the ME is crazy, it’s like a perfect strom of bad news out there and getting worse by the day….Still as you say all about painting pictures.but reality ain’t far away.
Posted by Buygold
@ 15:15 on August 5, 2014
Yeah, but silver is not recovering. The pm shares while looking better are still barely up.
Even when you’re winning they make you feel like you’re still losing.
Posted by Buygold
@ 15:09 on August 5, 2014
I know you’re probably sleeping but I may need to commend you on your call that the US paper criminals are hitting oil to try and hit Russian oil production and sales.
The question is, when Russia completely drops the USD as a means of exchange for oil what then happens?
Listening to CNBS, these crooks are saying everything they can to protect their precious SM. Lie, cheat, steal is the name of the game.
Posted by Richard640
@ 15:06 on August 5, 2014
it is up at all when stocks are in trouble–Russia is the ALIBI for both stocks and gold…but Russia is just the match that lites the tinder
Posted by North
@ 14:38 on August 5, 2014
Posted by Mr.Copper
@ 14:36 on August 5, 2014
Huh?? The Dow drops 164 points because ONE guy opens his mouth?? I wonder if him and his friends took up short positions FIRST??
Posted by goldcountry
@ 14:31 on August 5, 2014
“5:37am- Gold and silver are addressing their respective YellenGaps from the July FOMC meeting, evident on GLD and SLV charts. Canada returns to the gold and silverfields today. Welcome back, lonely without you. The Zeal gold bull seasonals average from 2001-2014 forecasts a launch right off August after a dome consolidation in July. I’m thinking the dome consolidation off the YellenGap this year is in its final carving out and the FULL MOON this weekend is the catalyst for THE LAUNCH next week.”
Posted by sbr
@ 14:18 on August 5, 2014
The War in Europe is coming at the peak of a massive credit bubble, quite different from the previous two Iraq Wars. Stocks will not rally.
This week is a massive turn in gold based on yearly cycles.
Control of all markets is entirely dependent on events being controlled and contingencies for those based in finance that can be controlled. OTC problem? Eliminate mark to market. Sovereign debt problem start a fictitous program called OMT.
War. The US Treasury/FED/ECB cannot control these events.
Posted by North
@ 14:17 on August 5, 2014
Green by the close. Could be.
Posted by North
@ 14:11 on August 5, 2014
Posted by ipso facto
@ 14:05 on August 5, 2014
Stocks Plunge On Russia Invasion Threat – Give Up All Post-Payrolls Gains
Tyler Durden’s pictureSubmitted by Tyler Durden on 08/05/2014 13:42 -0400
Yesterday, the S&P and Nasdaq bounced hard off the pre-payrolls level from Aug 1st. From the moment US cash equity markets closed yesterday, stocks have been dropping back. But now, thanks to this:
•SIKORSKI: RUSSIAN UNITS POISED TO PRESSURE OR INVADE UKRAINE
•SIKORSKI: RUSSIAN INCURSION WOULD BE HUGE ESCALATION OF CRISIS
•SIKORSKI WARNS RUSSIA ON IMPACT OF CONVENTIONAL WAR IN EUROPE
The Dow, S&P and now Nasdaq have tumbled below yesterday’s lows, eradicating all the post-payrolls gains in stocks. Treasury yields are tumbling (5bps off highs) and gold and silver and rising.
more http://www.zerohedge.com/news/2014-08-05/stocks-plunge-give-all-post-payrolls-gains
Posted by ipso facto
@ 14:01 on August 5, 2014
By Zandi Shabalala
KROONSTAD, South Africa, Aug 5 (Reuters) – A South African village has become the first in the world to be powered by fuel cells, companies behind the project said on Tuesday, in a new scheme which could help remote areas of the continent access electricity for the first time.
South Africa suffers from power shortages and state-run utility Eskom is struggling to keep up with rising electricity demand, while around 2 million poorer households live without any access to the grid.
“What we have here is a world first,” said Chris Griffith, chief executive of Anglo American Platinum, which is partnering with Canadian-listed Ballard Power Systems in piloting the project.
more http://finance.yahoo.com/news/south-african-village-becomes-first-170431087.html
Posted by Auandag
@ 13:08 on August 5, 2014
I remember when Turk said that gold would never see $1600 again. Ironically he may turn out to be right!
Posted by macroman3
@ 11:36 on August 5, 2014
Janet Yellen the Engineer?
Posted by commish
@ 11:26 on August 5, 2014
Do not want the public to cash in their paper assets and convert to tangible assets. 
Posted by Equisetum
@ 11:24 on August 5, 2014
any dreams that Taseko may have had for that region. I do not know the details of the principals involved in the disastrous Imperial operation. Now we just have to add to this tailings pond escape the recent Supreme Court decision regarding the Chilcotin people’s claims and we end up with grim future prospects for approval of any future mining ventures in large areas of B.C. Too bad, because I dont think it had to turn out this way. Cheers – Even if there is no cheer in the Likely area of B.C. this morning.
Posted by commish
@ 11:09 on August 5, 2014