Bunning rips Bernanke,and even that slimeball POS Dodd chirps in.

http://market-ticker.denninger.net/

Yea,in %. It's worked well this year but has returned less going back 2 years.

With stop LX set at .025 and SX at .045 the returns are better than with Matt's original system since Feb this year at least,and for me anyways would give some additional comfort level.The profit curve just hit a new high today.

https://www.fibozachi.com/technicians-corner/126-a-detailed-technical-update-of-the-sap-cash-sap-futures-djia-cash-gold-futures-the-vix-and-the-us-dollar-index--as-well-as-a-look-into-the-qcrown-jewelq-of-dubai.html

When wins versus losses are charted only,it has now broken a downtrend that lasted all the way through Nov.

ICE=Exchange where dollar futures trade at.

Dubai sovereign credit default swaps jump 130 basis points,joining Greece,Ukraine and others.Maybe USD gets a little boost next week,unless of course ICE comes in and cancels every uptick it might get:)

Like mama always said-it takes 100 smart people to clean up the mess of one dumbass.

Unless a downdraft starts soon,the pits will close up 9 straight days,the longest streak EVER.

Just closed up for the 8th straight day,16 up out of the last 17.What an incredible run.

Possible reversal at Comex today? Interesting

Buying notes and bonds keeps interest rates low,and they have to make sure our rates are low so we buy their crap.

After climbing back above the 50 and 65 week ma in 1976(the miners also had a 75% correction,sound familiar?)this is what gold did. Hope the chart shows up.

Great info. For gold to continue to mimic the 70's we now have to hold above the 65 week MA,and the corrections to it should be a great place to add to holdings.The only part of his thesis I see a problem with is that he has gold valued at 35$ at the start. This probably was not it's true market value as it had been fixed at that price by government.

If any country or entity wants to take delivery of physical they would not be doing it at Comex but at the LBMA where the volume of the real stuff is much greater.

Comex has been steadily raising margins the whole bull run,FWIW.My past experience shows that it only stops the bull for a short while.If Comex would be in any imminent danger margins would have been raised this week aggressively.

Comex will not break on Monday.They have a nifty little tool called margin requirements they can use any time to crush the speculaters. They have not raised them so any call for their demise is premature. JMO though,but based on historical reactions.

On a little larger time frame they have already decoupled. New highs in gold but not new lows in dollar.USD hit 70.70 in 2008 and is now at 75.77 while gold has screamed up lately,12% above it's previous high in 2008.

Yup,where is the jail time?I like what Denninger wrote about vampire squid Blankfein:

"No Lloyd, your apology is not accepted, as it is insincere.  You are simply trying to deflect attention from the well-deserved hit to your reputation - a reputation that, from my perspective, is somewhere south of Satan's.

Have a nice day Jackass and may you burn in Hell."

LMAO!