Friday, August 19, 2011

Warning

I am hearing oh those great rumors of a great AFLOCKALYPSE. For those of you that have no idea what an AFLOCKALYPSE is, its the migration of many black swan events landing all at the same time, hence the apocalyptic metaphor as well.

Hedge wisely. This weekend's events should be amusing, and Monday should be fun.


Posted by at

31 comments:

  1. reefmanAugust 19, 2011 at 9:35 AM

    Who needs Krugman's "space aliens" when a flock of black swans will do just fine.

    SGS, have you seen the black swans in Stratford? Every time I hear "black swan" I think of them.

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  2. highrise408August 19, 2011 at 9:59 AM

    Silver... is that you??? Are....you...ok?... We though you were dead.

    And with those words, Silver jumped up $1.50 and destroyed The Morg's plans to continue to fuck the people in the ass.

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  3. Marcuz AureliusAugust 19, 2011 at 10:03 AM

    We are all doomed !

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  4. ScottJAugust 19, 2011 at 10:12 AM

    I am not liking all of this Anonymous releasing Bank of America Fraud on Monday. It seems to line up all to perfectly with the macro monetary policy, and the pretext to say that the internet is causing economic damage and must be regulated/monitored in the name of economic/personal safety could be on the way.

    Don't forget, the major internet companies attended Builderberg along with the head of cybersecurity in the last meeting. The free internet is what is allowing the collective mind to understand the collective bullshit that we have been force fed, and it will not be allowed to stay like this.

    In short, I don't trust/support any mainstream hacking, especially "anonymous" hacker,seems to be "doing the work" of the anti banking cartel's perspective.

    Be aware, financial chaos will inevitably lead to political oppression and wartime conditions.

    http://www.youtube.com/watch?v=fiCdMFB2iPw

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  5. TK421August 19, 2011 at 10:12 AM

    Eating popcorn...

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  6. CrooijmasterAugust 19, 2011 at 10:28 AM

    Dear SGS,
    please elaborate on those rumours.

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  7. LaMachinnaAugust 19, 2011 at 10:36 AM

    Yes, any elaboration would be most welcome :) Thanks for your blog SGS. Over n Out LaMachinna

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  8. Adam ChalmersAugust 19, 2011 at 10:39 AM

    Happy Friday!!!

    http://www.youtube.com/watch?v=cVTOeU9nwlA

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  9. silvergoldsilverAugust 19, 2011 at 10:40 AM

    I'm out on that move for a 1 hour profit of 50% on the SLV PUTS $41 I told the previous post in comments I loaded up on open. I was told 11 am, maybe more is coming to the downside, but I'm out, Xmas came 1/2 hour easrly today. Thank you Blythe. This no goes straight into buying more physical.

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  10. malcolmAugust 19, 2011 at 10:51 AM

    From Stewart Thompson:
    # Gold is up 26% from the 1478 low. Silver is up 28%. Sadly, silverbugs think this is some kind of nightmare. Live the dream. Live the reality. You're beating gold. Enjoy that victory.

    # Pretending that silver rules gold, however, gives the silver bugs a 100% chance of ending up like the bond bugs. Financially obliterated. The gold bull ends with gold shaking hands with the dollar and the bond. The silver bull ends with the banksters dropping a firecracker into the silverbug jar. There won't be any survivors. Only those who transition to gold or operate real pgens to zero on silver will exit the final stage silver bull... financially alive. The rest:No

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  11. flauntAugust 19, 2011 at 11:02 AM

    Who is Stewart Thompson? And since when did he get to decide that silver is not money like gold? Arrogance.

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  12. MikeSAugust 19, 2011 at 11:03 AM

    Although Led and I have battled over Corn we both believe its going higher. You are witnessing the beginning of the move. As I have posted before , I am very long Corn and equally long Sugar. Take your metal profits and add a token long, you will be rewarded.

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  13. malcolmAugust 19, 2011 at 11:13 AM

    @flaunt,

    he runs https://www.gracelandupdates.com/

    he send these morning updates, with his vision and commentary. I just read his stuff for amusement, I wouldnt trade by it.

    I hold my Ag until the system is revalued. What I dont get is even if Au goes to 20k, why dont they understand that your not gonna walk around with a gold coin in your pocket, it will be silver!

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  14. OC15August 19, 2011 at 11:18 AM

    Mike, how do you like those October DBA calls?

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  15. MikeSAugust 19, 2011 at 11:21 AM

    OC, I dont like DBA becuase its broad exposure. I prefer specific bets. SGG or CORN etf.

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  16. MikeSAugust 19, 2011 at 11:23 AM

    I only trade those in my kids accounts since they are not futures eligible. SGG has been a monster.


    phase seems to be underway where the big money took shelter in Gold first....then begins to fan that out across the whole commodity board...that was 70's pattern too.

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  17. MikeSAugust 19, 2011 at 11:24 AM

    Thanks to Jim Sinclair and Dan Norcini we may be seeing the beginning of the Miner Short Unwind. Look alive folks!

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  18. zepsterAugust 19, 2011 at 11:30 AM

    A thousands European Banks... I mean Black Swans. Anyway, we'll probably see the first real tremors in September, then things really get underway in October & November.

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  19. flauntAugust 19, 2011 at 11:30 AM

    Mike what's your target/timeframe on CORN?

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  20. flauntAugust 19, 2011 at 11:37 AM

    /ZC is right at the upper end of its range. If it breaks resistance I may take a position.

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  21. MikeSAugust 19, 2011 at 11:46 AM

    I believe the December Corn Contract will trade > an 8 handle, just look at my posts for the past 6 weeks., thats 10% from here

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  22. MikeSAugust 19, 2011 at 11:49 AM

    In case you missed it, DaBoyz tried the SI take down at 10:30 and failed. Bullsbreath!

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  23. CBAugust 19, 2011 at 11:57 AM

    SGS: If the Banks are going to collapse, how much paper $$ should we have in the safe for bill-paying, etc? Or … should we convert ALL our $$ to AG and AU now and then convert it back later at the coin shop, as needed (assuming the shop is still around)? Schiff mentioned keeping a cash stash in one of his books; looking for validation.

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  24. flauntAugust 19, 2011 at 11:57 AM

    That wasn't much of a dip. It's coiling now... Should break one way or the other soon. Maybe after the lunch hour.

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  25. MikeSAugust 19, 2011 at 12:04 PM

    U.S. corn futures are expected to start higher Friday as an unusual purchase by Japan, the world's top buyer of the grain, fuels concerns that output will fall short of expectations.

    Traders predict corn for December delivery, the most actively traded contract, will open up 2 cents to 4 cents a bushel at the Chicago Board of Trade. In overnight electronic trading, the contract rose 3 1/4 cents, or 0.5%, to $7.16 1/4 a bushel.

    Japan's purchase is expected to drive prices higher as it struck deals to buy 140,000 metric tons of corn for delivery in the 2012-13 marketing year, which doesn't being until September 2012. It's rare for a country to buy grain that far in advance, feeding worries that a smaller-than-expected harvest this autumn could lead to higher prices next year.

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  26. flauntAugust 19, 2011 at 12:16 PM

    Does CORN track /ZC very well? I notice /ZC was at 800 around 6/14, and CORN was at 48, which is where it is now, except /ZC is only at 700.

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  27. GarjekAugust 19, 2011 at 1:29 PM

    SGS: in one of your bear videos you said: "When you see gold in backwardation it's GAME OVER".

    Would you please elaborate what does game over mean exactly?

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  28. CommodityworldnewsAugust 19, 2011 at 1:56 PM

    Loved this video from zero hedge so much I uploaded it in higher qual on youtube. Watch for the grey haired "secret agent banker" to wander through trying to be all sly http://www.youtube.com/watch?v=E5L35Xdek-o&feature=channel_video_title

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  29. AAugust 19, 2011 at 2:17 PM

    sgs, nice call on the 11:00 takedown. Came a few minutes early but I was watching for it at work, picked up a few SLV calls at about the low of the day (so it looks like). Thanks...

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  30. AnonymousAugust 19, 2011 at 2:20 PM

    Just read the Schork article about gold nearing its limit on CNBS (I know, but c'mon--at least once a day you're forced to smell even your own shit). Sweet Jesus in a teacup, where do these shills come from? The dude looks like the profoundly retarded love child of that mute villain in Superman II and Jaws from the James Bond movies.

    http://www.cnbc.com/id/44204552/comid/1/cache/77#comments_top

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  31. Garry LindsayAugust 19, 2011 at 2:25 PM

    The 'and struck by lightening' just make me spit out my drink!

    http://news.yahoo.com/blogs/lookout/bank-america-lay-off-thousands-struck-lightning-134651984.html

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