sell! sell! sell!

[snoop]

Month	One ( oz. / #coins )	Half ( oz. / #coins )	Quarter ( oz. / #coins )	Tenth ( oz. / #coins )	Total ( oz. / #coins )
January	124,500 124,500	8,500 17,000	6,000 24,000	11,000 110,000	150,000 275,500
February	68,000 68,000	2,500 5,000	3,000 12,000	7,000 70,000	80,500 155,000
March	54,000 54,000	2,000 4,000	2,500 10,000	3,500 35,000	62,000 103,000
April	148,500 148,500	5,500 11,000	5,500 22,000	8,000 80,000	167,500 261,500
Total	395,000 395,000	18,500 37,000	17,000 68,000	29,500 295,000	460,000 795,000

2013 Gold Sales Totals
(in ounces / number of coins)

from USMint.gov

 

[snoop]

Bernanke to skip Jackson Hole this year. @)

 

[mickj]

tiz or anyone else at what point do you start buying a significant group of the miners, i mean these levels are just insanely cheap, some have yields of 4and5%

Bought some more SVM at $2.85. jdog liked it at $4+ @)

 

[snoop]

Knocking on 1600....

 

[CHOPTALK]

It just wont stop.
This is wild.

 

[8ate]

Dow to 15K???..> go, baby, go...$$

 

[snoop]

Green across the board. We probably see some selling pressure @1640, possibly a small correction of 2-3% then finish the year above 1700 easily. Look at the chart since 2008, it's one step back and three steps forward, until the party is over.

 

[snoop]

 

[misterirs]

have not been here for a while but looks like bears turned into bulls. gl

 

[snoop]

Yup. The Fed has successfully chased everyone out of bonds and gold, nowhere else to put the money beside the equity market. The sky is the limit for stocks going forward..............

 

[PatsFan1283]

Yup. The Fed has successfully chased everyone out of bonds and gold, nowhere else to put the money beside the equity market. The sky is the limit for stocks going forward..............

But for how long?

They can't keep interest rates flat forever...

 

[8ate]

ALBKY be wary of Greeks bearing gifts, but a lotta hedge funds are gluttons; up 16% today; over us$1 dolalr next week..gl

 

[snoop]

But for how long?

They can't keep interest rates flat forever...

As long as the 1% is in control, the QE party goes on indefinitely.....

 

[PatsFan1283]

As long as the 1% is in control, the QE party goes on indefinitely.....

Nothing goes on indefinitely though.

There will come a point when we have to fight massive inflation (stagflation) that interest rates will rise.

 

[CHOPTALK]

Yup. The Fed has successfully chased everyone out of bonds and gold, nowhere else to put the money beside the equity market. The sky is the limit for stocks going forward..............

So what is your strategy?

 

[snoop]

I don't know why anyone bothers with this casino anymore, just plow a decent chunk of your investment to target funds then forget about the market and all the noises. Target funds have been growing very steady on the back of printing scheme. The idea of the Fed would put a brake on QE is plain silly. They can't afford interest rate hike. Rising interest rate would blow up the government deficit immediately. The Fed has no option but to print. Also, housing is the only job creation engine in the economy, just build houses and everything else would follow, so they can't let the real estate market to tank either. ZIRP is here to stay.

 

[tiznow]

Just a complete knee slapper at this point ... ill bite my tongue till the inevitable day that the money for nothing party ends ... Underlying economic data continues to deteriorate but bubbles can last alot longer then u think

and who the hell knows at this point ... Check out Nikkei's run for some humor

sbr doing me well but I wouldn't be a buyer now ... Gobbled a bunch 45 and below ... A boring sit and hold for 20+ years and get a monthly royalty play .... Yoy growth in reserves was really good reason it's on a good run that and oil back to near 100 and natty gas off the big time lows now at 4... Buy the dips ..

 

[PatsFan1283]

I don't know why anyone bothers with this casino anymore, just plow a decent chunk of your investment to target funds then forget about the market and all the noises. Target funds have been growing very steady on the back of printing scheme. The idea of the Fed would put a brake on QE is plain silly. They can't afford interest rate hike. Rising interest rate would blow up the government deficit immediately. The Fed has no option but to print. Also, housing is the only job creation engine in the economy, just build houses and everything else would follow, so they can't let the real estate market to tank either. ZIRP is here to stay.

Target Funds aren't as safe as something like a vanguard blue chip fund though. More diversified in companies, yes but if the market does start to tank they will lag the returns of a concentrated blue chip dividend mutual fund pretty dramatically I think. I'd just stick to that until you feel like you can predict a big downturn (very tough to know when that is obviously)

 

[tiznow]

19 Out Of 19
Submitted by Tyler Durden on 05/21/2013 - 16:05




The Dow completes its 19th week in a row with a green close on a Tuesday - there are no superlatives left. As a gentle reminder, since February 1st, the Dow has gained 9.85%; absent Tuesdays it is up a mere 0.5%. Despite equity strength, bonds rallied, VIX rallied, the USD ranged violently (Fed's Bullard and Dudley) to end unchanged, and commodities drifted lower on another dismally low volume day. Correlations between stocks and the rest of risk-assets have completely broken down today.

 

[snoop]

Nikkei goes vertical now. puff_>>