SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.51+1.2%Nov 5 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (79202)9/7/2011 9:07:40 PM
From: TobagoJack  Read Replies (1) of 217548
 
just in

From: H
Sent: 2011 09 8 8:01 AM
Subject: Re: Comments - week of Sept. 5


it's computers selling because their correlation matrix tells them 'swiss franc & gold = same direction'. of course this is utter nonsense, since the SNB (which has a board full of loopy neo-Keynesians in the Bernanke mold - if you don't believe it read their speeches & papers) is flooding the market with more fiat money in the form of CHF.
more fiat money means a lower gold price? since when?

On Wed, Sep 7, 2011 at 6:42 AM, J wrote:

Otoh, maybe the sellers are agile and I am the mark.

Mark to market down is not as fun as up

The cretins who leverage wagered on chf are some of the astute but not so agile who bet on gold n got caught.

We must kick flip their bodies and relieve them of what they offer up in thanks for the paper we do not need, is my guess

From: T
Subject: RE: Comments - week of Sept. 5
Date: Wed, 7 Sep 2011 12:29:38 +0800

Anybody know why gold is getting smacked like it’s Chris Brown’s girlfriend today?

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext