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goldie @ 1:14, 8/5
That was very funny. Didn’t see it coming.
Seen on a T-shirt
“I’d rather be Russian than a Democrat.” LOL
Ipso
Long enough to make me broke old buddy.
I love the guys that say gold is “insurance”
They haven’t been in long enough.
Buygold
Well … they’re very good at it. How long has this been going on? Sheesh
Ipso
Well, they sold an awful lot of long positions too. They seen to dump longs in bunches to dump the price hard and then slowly cover their shorts to keep the upside contained.
Bonanno, Colombo, Gambino, Genovese, Lucchese and Wells Fargo
Wells Fargo APOLOGIZES and admits error that caused hundreds of people to lose their homes because of a computer malfunction
Wonder when the new administration there is going to mass deport.
The notes say they are killing eating people pets, stripping people’s orchards and gardens bare amongst the gangs running around with machetes turning the breautiful little towns into a wasteland.
https://www.breitbart.com/london/2018/08/03/italian-town-turned-migrant-battleground-three-days-straight-conflict/
Buygold
Interesting that the commercials can be covering their gold shorts but still the POG goes down? The specs must have decided that gold will never go up again so they are jumping on the short side bigly.
Thus far, the faltering EM Bubble has incited flows to U.S. Bubble markets
The global liquidity backdrop is in the process of profound – if not yet obviously discernable – change. EM is increasingly vulnerable to a destabilizing bout of de-leveraging in a world of waning liquidity. Thus far, the faltering EM Bubble has incited flows to U.S. Bubble markets. However, an escalation of the unfolding EM crisis is at heightened risk of inciting a very problematic global de-leveraging – a “risk off” backdrop that would risk piercing vulnerable Bubbles even at the “core.” The consensus bullish view – holding EM as a buying opportunity and the U.S. as the mighty pillar of growth and stability – could prove dangerously complacent.
I believe there are great latent fragilities associated with the “Periphery to Core Crisis Dynamic.” Distorted markets have over years been conditioned to disregard such risk. I’ll presume the administration is simply oblivious, believing it’s deftly playing a hand of robust U.S. financial and economic systems. With such a competitive advantage, in their minds there’s never been a better opportunity to play hardball and put Beijing in its place.
http://creditbubblebulletin.blogspot.com/2018/08/weekly-commentary-periphery-to-core.html
Ipso
You’d think at least a decent bounce. That COT Report on gold was a wild one for the commercials.
Getting set up for the Fall swoon?
It’s abundantly clear based upon today’s level of denial that the 1997 currency crisis was a minor event. Y2K is long forgotten. 2008 was a figment of the imagination. 2015/16, big deal. VolPlosion, so what?
It’s called: “Teach me a better lesson this time”
It’s called: “Teach me a better lesson this time”
Not PG but too funny not to share.
SENIOR SEX The husband leans over and asks his wife, “Do you remember the first time we had sex together over fifty years ago? We went behind the village tavern where you leaned against the back fence and I made love to you.” Yes, she says, “I remember it well.” OK, he says, “How about taking a stroll around there again and we can do it for old time’s sake?” “Oh Jim, you old devil, that sounds like a crazy, but good idea!” A police officer sitting in the next booth heard their conversation and, having a chuckle to himself, he thinks to himself, I’ve got to see these two old-timers having sex against a fence. I’ll just keep an eye on them so there’s no trouble. So he follows them. The elderly couple walks haltingly along, leaning on each other for support aided by walking sticks. Finally, they get to the back of the tavern and make their way to the fence The old lady lifts her skirt and the old man drops his trousers. As she leans against the fence, the old man moves in.. Then suddenly they erupt into the most furious sex that the policeman has ever seen. This goes on for about ten minutes while both are making loud noises and moaning and screaming. Finally, they both collapse, panting on the ground. The policeman is amazed. He thinks he has learned something about life and old age that he didn’t know. After about half an hour of lying on the ground recovering, the old couple struggle to their feet and put their clothes back on. The policeman, is still watching and thinks to himself, this is truly amazing, I’ve got to ask them what their secret is. So, as the couple passes, he says to them, “Excuse me, but that was something else. You must’ve had a fantastic sex life together. Is there some sort of secret to this?” Shaking, the old man is barely able to reply,”Fifty years ago that wasn’t an electric fence.” —Hawk— ?