Yes I call it the uncivil war.

Now this morning we have the make or break moment with North Korea. No one has a solution and right now I'm thinking that in the end there will be major loss of life somewhere. I don't know which way the market will go so I went long pm's and long volatility. I can't imagine volatility staying low when we have so many volatile and explosive issues rearing their ugly heads right now.

There is a war going on, has been for a few years to determine the whole outlook of the society, govt control or free market. Trump is not a clear stander in any sense, but he has opened a way for better qualified people to get there beyond the crop of part annoitees we have had.

Yes , everyday could be a make or break moment and yes Trump is in for a 15 rounder , hopefully The battle is taken to them everyday.
As the article states this has been a long time coming , but of course it will be Trumps fault somehow. Oh wait of course the FLOUTS'S
stiletto shoes tell you how Trump prioritized this issue.

As far as we are concerned, all I hope for is that after 2018 congress will be better aligned to start making the right choices. It seems like a make or break moment to me. All that depends on whether or not Trump can even stay alive. There are a lot of people dying lately.

Thx for reminding me about that regarding Chinese symbols. It had to be 20 years since I first heard that and I haven't had reason to think about it since then.

I said something similar about Eastern Europe and Western Europe. The east can sit back and watch while the west collapses, then they can rise to fill the power void. I'm thinking in terms of the coming currency crisis which for Europe is tied to their sovereign debt crisis. But honestly, I haven't done my homework on who all is in the Euro, so when I think about Poland and Turkey etc gaining while the west lose, I would most likely place a losing bet in the market on an Eastern county that I mistakenly thought was not in the Euro.

The symbol for crisis in China is the same as the symbol for opportunity. Trump is being stymied by RINO's and dem socialists. Our crisis is China's opportunity.

I found this to be of interest. Hey Mr. Trump, china is not only saying they will be world hegemon in 25 years, they are confirming it with action too.

http://www.zerohedge.com/news/2017-09...

You may well be correct. But if it only affects the market 1% it doesnt matter. It is rather like calling a minor rainfall the storm of the century and showing a picture of the damage to an ant colony. The chart shown was just typical. If you showed the whole height of the chart people would recognize this for the non event that it was....but then there would be no story.

Very apt, and accurate in regards to all of the machinations. Stocks particularly are suspect, you never know what they are telling you, if it is true, or not. Companies often sort of, cover up issues hoping it will not come to light. I bought "stainless steel" braided hoses for my sinks from Home depot, Hench En China, that rotted in 3months, obviously, not stainless. Home depot claimed no responsibility, take it up with the manufacturer.

I think it was the size of the trade that was the outlier here....and the timing..

Very Nice. Nor should you confirm nor deny....see Robert Gores excellent essay
https://straightlinelogic.com/2017/08...

Fivedollargold will neither confirm nor deny participation in this trade.

The Wall Street Jungle and The Wall Street Gang by Richard Ney

Selling heavy to trigger stop loss trades then buy heavy all right out of "Reminiscences of a stock operator" lefevre

Herb7734,
This is a great read and you will learn a bit
Of the tactics traders employ. Written a little before our time. Lefevre authored this book .It is what is said to be an "unauthorized biography" of Lawrence Livermore.
Might be able to download for free.
https://www.goodreads.com/book/show/1...

It's good, cheap entertainment to take our attention, er, minds off whatever is being hidden at the moment...

IIRC it was a sale not of the metal directly, but of futures contracts... my esteemed uneducated tail-scratching and dart -tossing guess is that it will have little effect in the day to day.

Maybe it was North Korea trying to destabilize the US, and having failed that, decided to shoot ballistic missiles over Japan for fun and games... Whoever it was, they sure got people's attention for a while.

I don't know a lot about market manipulation, but this certainly reeks of it. I don't know who loses or gains or why, but I know this: Some folks are getting their ass kicked.

"There are Lies, Damned Lies and Statistics"

The best 2 courses I ever took in college was statistics...and Abnormal Psychology.

That chart looks terrible until you actually calculate the % of the swing...it is only 1.07%!!!!! That is nothing and this merits stories of Armageddon!??? Lets have a little common sense here.

big deal, it will not affect my life, will it affect yours?

One clarification: it wasn't physical gold, but futures being traded. Most likely it was someone betting on an announcement from the Fed. Only time will tell whether or not it pays off.

Possibly a demonstration by someone wanting to showe who has the real power...

Programed trading?...glitch causing one to trade? or was it on purpose...(I'm hearing the notes of the "Twilight Zone".)

Possible manipulation.
If I didn't want the fed to announce a change, perhaps I would arrange a big trade with like minded traders as a shot across her bow.
What would Yellen have said yesterday if this had not occurred?
When you have access to unlimited liquidity this size trade is nothing special, especially when done between comrades.