It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Apparently the US government forgot to mention these upcoming events and salient facts to the Chinese and now the Chinese have understandably decided to renege. Basically, the Chinese are saying: Up your nose with a rubber hose!
Originally posted by Vitchilo
Nikkei 225 10,513.67 2:00AM ET Up 201.53 (1.95%)
What the hell?
The Yen is at 92...really bad for an exporting economy...
And this...
Japan's core machinery orders fell a bigger than expected 9.3 percent in July, in a sign capital spending may stay weak in the coming months and drag on the world's No.2 economy as it crawls out of its deepest postwar recession.
According to the NIKKEI website, the surge was because of the banking sector...what a joke.
When the COMEX goes down in a blaze of glory, which is now inevitable, everyone who owns any ETF gold and silver shares, and especially those who have received these shares in settlement of their imploding COMEX contracts, are going to ask for physical delivery from the ETF's because all confidence will be lost in the system. Then comes the implosion of the ETF Ponzi schemes as everyone finds out that not only did the COMEX have no gold or silver to back its contracts, but that all the gold and silver ETF's were nothing more than gold and silver naked-shorting, leasing and price suppression schemes.
The COMEX even had to enlist the help of the ECB and the Canadian mint to satisfy those requests for delivery, thereby demonstrating that what the COMEX reports as inventory is nothing but a phantasm.
Auction for 30-Year Bond Even Better Than Expected
Originally posted by RetinoidReceptor
OMG OMG OMG natural gas up 15% today...over 3 dollars now. Just shows how powerful it is to go AGAINST the tides in order to make good money. Everyone was saying how natural gas was evil and will head to 1 dollar, but it has rallied like 25% in 3 days. Same thing happened to the banks.
Originally posted by stander
This configuration will become more common now and it's hard to predict the end point.
[atsimg]http://files.abovetopsecret.com/images/member/77a05d045c9c.jpg[/atsimg]
Where the lines that represent the upward and downward pressure meet is the "balance" point. But you would have to be lucky to see the balance point be also the end point. The only advantage is that the Dow will move along the balance line with some variations. The curves are shaped by short sellers, so a periodical movement is expected. Most of the points swarming around the balance line you sell after 1pm will be good to buy back the next day between 9:30 and 10:30.
Source: Academica Nostradama.
Originally posted by stander
Originally posted by RetinoidReceptor
OMG OMG OMG natural gas up 15% today...over 3 dollars now. Just shows how powerful it is to go AGAINST the tides in order to make good money. Everyone was saying how natural gas was evil and will head to 1 dollar, but it has rallied like 25% in 3 days. Same thing happened to the banks.
What are you talking about?
Bank of America up 1.06%, JPMorgan up 0.37%.
Originally posted by RetinoidReceptor
Originally posted by stander
Originally posted by RetinoidReceptor
OMG OMG OMG natural gas up 15% today...over 3 dollars now. Just shows how powerful it is to go AGAINST the tides in order to make good money. Everyone was saying how natural gas was evil and will head to 1 dollar, but it has rallied like 25% in 3 days. Same thing happened to the banks.
What are you talking about?
Bank of America up 1.06%, JPMorgan up 0.37%.
Well BAC was down like .01% today, so that is a pretty substantial reversal you know.....