Rockford files is one of my all time favorite series.... just watched him in a western on Saturday: https://www.youtube.com/watch?v=5CEakWQv7jY
Yes, a Hollywood liberal, but hard not to like his work none the less imo... RIP
Thank you for pointing that out! I will look back in this thread for more
SSK wrote: Just read the intro (below) to a post sanctioned by Turd on Pain Street. You will be hard pressed to find a more intellectually degenerate piece of conspiracy mongering on the Internets. And to think Turd kicked Rico off his site... MH17 and MH370: What are the Odds? And What's the Fallout? By stephanie | Friday, July 18, 2014 at 1:50 pm How often, in the past 40 or 50 years, have we heard about a Malaysian airplane going down? And now, we've had two in the past six months. What are the odds? I'm not the only one who immediately entertained the thought that MH17 and MH370 are, in fact, the same airplane. One goes missing - it is still not found - and then a mere months later, another Malaysian plane mysteriously flies over military airspace in one of the most contentious hotspots in the world and gets shot down. Now it looks like we may have the sparks for WWIII.
Just read the intro (below) to a post sanctioned by Turd on Pain Street. You will be hard pressed to find a more intellectually degenerate piece of conspiracy mongering on the Internets.
And to think Turd kicked Rico off his site...
MH17 and MH370: What are the Odds? And What's the Fallout?
By stephanie | Friday, July 18, 2014 at 1:50 pm
How often, in the past 40 or 50 years, have we heard about a Malaysian airplane going down? And now, we've had two in the past six months. What are the odds?
I'm not the only one who immediately entertained the thought that MH17 and MH370 are, in fact, the same airplane. One goes missing - it is still not found - and then a mere months later, another Malaysian plane mysteriously flies over military airspace in one of the most contentious hotspots in the world and gets shot down.
Now it looks like we may have the sparks for WWIII.
Fully agree SSK,
PTC and Setup for the big trade are, since more than one year, the only two reasons why I visit this page, and posts like the one you mentioned only confirm that my choice was right. This time however it is not only time to ignore such B...T, but also stand and say loud that it is an offense to the common sense and it is indeed morally bankrupt.
Is it fear or apathy that marks market bottoms?
I say apathy. The complete empty vessel of all emotion. Gonna take 15 silver to do it I think :)
Bottom in oil paintings too in the Cariboo right? Yawn...Empty vessel of all emotion is not empty!
I'm so happy this came out today, putting to rest forever the relentless COT analysis from pretty much everybody :)
The CFTC Commitment Of Trader Data Is Rigged After All
investmentresearchdynamics.com / By David Kranzler / August 4, 2014
Myself and few others – primarily GATA – have been suggesting for quite some time that contract open interest data the CME reports for the Comex is rigged. While certain newsletter peddlers adamantly maintain the reports are accurate and honest in order to preserve their franchise, there’s nothing like a the CFTC imposing a fine on JP Morgan for fraudulently reporting “large trader” data: CFTC Charges JP Morgan With Reporting Fraud.
JP Morgan has finally been caught and sanctioned for playing games with its position reporting in gold and silver in order to hide the true magnitude of its unhedged short positions on the Comex. That JP Morgan does this is obvious to anyone who has spent several years studying and trading the Comex.
After all, how are the CFTC’s COT reports compiled? They come from big banks who are the primary Comex market-makers, of course. There’s no independent audit of the numbers and reports sourced from the banks and submitted to the CME and the CFTC. It’s a “trust us” job – wink wink.
Soon we'll find out if 19 is back on the table. Weird. At least one blogger will tell us this is a sign that new highs are nigh upon us. Okay. Meanwhile, I'm still waiting for the summer low. Maybe really late this year??? Show me something under 18.20...and I'm a buyer. More and more, lower and lower the price goes :)
.....is here...read that article on main st yesterday spelling out what all goes in to creating the ASE...Hard to believe they're so cheap....One day, one day...maybe
So far everything is opening lower, give a bit of time and we'll see who today's winners and losers will be relative to one another :)
GOFO went negative again yesterday at around $1294.
If I'm correct the correlation gold will be higher when GOFO turns positive than it was when it turned negative still held (but marginally) last time around when gold went up only 15 bucks in a month and a half. All other periods of negative GOFO showed higher returns as you're all aware.
This is why I'm pro gold right now and a buyer. What silver will do no idea, it just turned back into the upward channel in the gold ratio graph (see ivars post in AM's thread here https://www.tfmetalsreport.com/comment/621268#comment-621268) but I'm having a hard time seeing silver going below 18.20 with gold being so strong. But if the ratio goes to the top of the channel, it could happen while gold even rises. That would be very uncommon such a divergence of the metals.
I'm glad I recently traded a lot of (paper) silver for (paper) gold.
Edit: My words aren't even cold yet and gold surges 10$ after the NY close and silver doesnt budge.
Yep silver took the sucker punch today, no doubt. I am wondering if that whole August 15th end of London Fix has anything to do with this. Saw the other day, and man I couldn't it now to save myself, something about those contracts not having to be honored or something like that. Bit vague on it, only skimmed and a sexy girl was on tv at the time too :)
Anybody else have thoughts on a correlation, or am I all wet??
Yeah, thinking about all those waisted moments in the shitosphere, talking about COT, makes one wonder why we didn't go to the gallery and latest show, to buy low...
I wonder who ever thought of that? Seriously when silver takes a beat down on no news, one suspects it might possibly be to mitigate upcoming damaging (ie PM bullish) news:
However there are plenty of traders banking that the fiat frn will rise and silver will continue to fall, e.g.:
"Here Is My Silver Trade
Michael Seery of Seery Futures - IF - Tue Aug 05
Silver Futures--- Silver futures in the December contract are breaking down this Tuesday afternoon currently trading lower by $.40 at 19.89 in the September contract as the commodity markets continue their bearish trade as silver prices are now trading below their 20 and 100 day moving average telling you that the trend is lower. I’m recommending a short position in silver while placing your stop loss above the 10 day high which stands at 21.15 risking around .25 or around ,300 per contract as the chart structure will tighten up considerably in the next couple of days. The problem I have with silver currently is with all the turmoil going on around the world prices have been unable to rally and I think it all has to do with Russia as there are major concerns of a slowdown in Europe developing causing lower demand for commodity products at least throughout the rest of 2014. The U.S dollar is at a 6 month high against the Euro currency which is also pressuring the commodity market especially the precious metals and in my opinion I do believe the U.S dollar is in the beginning stage of a bull run due to the fact that the U.S will end its quantitative easing program shortly. TREND: LOWER –CHART STRUCTURE: GOOD " https://www.barchart.com/headlines/story/1234382/here-is-my-silver-trade
This one works for me, as much as any conspiracy thing does. And they all do.
Why is it so hard for people to get "birds of a feather..." :)
So they knew russia was mobilizing?
Or they knew they would be going to make a big fuss about it today.
In any case gold still outperforming silver
Opened small long position in CL yesterday via UCO.
Hope everyone is well.
"they" probably ARE russian (not that oligarchs and NWO are patriotic to anybody other than themselves!)
I was replying to spartacus rex and his theory that silver was slammed yesterday because bullish news was coming,
Zerohedge says that news was the Russian mobilization.
Thus my "they" is people who slammed silver yesterday.
Is your "they" the same "they" or did you refer to the tyler durdens that run 0hedge?
If it's the same why do you think russians slammed silver?
I was being somewhat sarcastic, but I meant the Russians (aka Bilderbergs, Rothschilds, take your pick), in the sense that market-making news is rarely "news" to the newsmakers :) Get me? :) :)
I'm okay with the slam being completely coincidental, but wouldn't be surprised if it later comes out as pre-news activity by big players (of whatever stripe) acting on non-public info (from whatever source). Enough of that has come to light in mainstream the last few years...aren't we all sort of numb to it now? I am. Oh, another big firm busted, another big (to us but not them) fine...and life and business goes on. Have no problem with recognizing I'm not connected. And never will be. They can have the digits on screen, I'll keep the paintings.