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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (57156)	3/10/2015 1:44:42 PM
From: ggersh	1 Recommendation Recommended By John Respond to of 71407

No way the bifurcation can be explained other than what we already know, WS paper of which there is abundancy of trumps physical..... Here is your GS 45......not geniuses per se, but a totally corrupt and entitled entity like all WS. -nfg- Dear Treasury Secretary Lew: Here Is All You Need To Know About HFTSubmitted by Tyler Durden on 03/10/2015 - 11:20 LEW SAYS GOVERNMENT TRYING TO UNDERSTAND HIGH-FREQUENCY TRADING "The chart below illustrates our daily Adjusted Net Trading Income from January 1, 2009 through December 31, 2014. The overall breadth and diversity of our market making activities, together with our real-time risk management strategy and technology, have enabled us to have only one overall losing trading day during the period depicted, a total of 1,485 trading days..." - Virtu S-1

To: Real Man who wrote (57156)	3/10/2015 1:50:13 PM
From: Horgad	Read Replies (3) \| Respond to of 71407

On the "bright" side the last time the dollar index was at this level gold was $400 an ounce and oil $40 a barrel. So it could be worse? Also if gold is "correctly priced" here, still despite the drop, the currencies in the index, in general, (including the dollar) have been significantly devalued in the last 11 years. However,If oil is correct, not so much so and the gold bottom is still a long way off.

To: Real Man who wrote (57156)	3/10/2015 2:10:45 PM
From: ggersh	Respond to of 71407

Can you see why this company failed? It's in the text I bolded......you can't play with swaps and derivatives and expect to win against WS. Sawps and derivatives, hmmmm, where have we heard that before? Allied Nevada Gold Files For Bankruptcy ProtectionSubmitted by Tyler Durden on 03/10/2015 - 13:54 Just as in the case of oil currently, the problem with gold (and countless other commodities) trading where it does, is that as we have shown repeatedly on previous occasions, it is at or below the marginal production cost of various gold producers. And with miners losing money on every incremental ounce (or barrell) they pull out of the ground, there is only so much capital they can burn before they have not choice but to file for bankruptcy. Which is precisely what happened to Allied Nevada Gold, the operator of the gaming state’s Hycroft mine, which earlier today filed for bankruptcy in Delaware. The company blamed its deteriorating financial condition on the drop in gold and silver prices in recent years, an overleveraged capital structure, delays in a key expansion project, and currency swap exposure.

To: Real Man who wrote (57156)	3/10/2015 11:09:25 PM
From: ItsAllCyclical	1 Recommendation Recommended By 3bar Respond to of 71407

Have said before the bigger the potential problem the more gold is smashed/sat on. Despite rhetoric to the contrary Euro does have fundamental flaw and Greece solution only postpones the inevitable for a measly 4 months. Draghi going to have a hard to fully implementing QE per ZH and bond yields are quickly going negative due to front running. Epic distortions/bond bubbles shaping up everywhere. Great post on your part. Gold can go under $1,100 as you say they can push things where ever they want ST. But more than half the sector cannot survive even w/high grading below $1,100 so it won't stay there long. Reversal will be very quick when it comes. FED rate hike was inevitable even though they'll be lucky to get it to 75 basis pts let alone 100. The recent gold smash has everything to do w/algo simply hitting the tape due to falling Euro and headlines about strengthening US economy. Latest smash hit sector with little differentiation. That's the kind of action you see in a final washout. About 10-15% of the sector is well prepared for $1,000 POG and can survive 1-2+ years of it if need be. The rest is iffy or poorly run. But to the algos picking winners and losers doesn't matter when you can make the market purely thru momentum and brute force. This is one of my fav LT charts. Reversal is coming. Look at MACD divergence on weekly even if we smash lower here for the next few months there's little chance we take out 2013 low. Bar keeps getting lowered on when LT non-gold bug comes flooding back into the sector in a world awash in 1% to negative rates.