28 November 2012

War on the Weak, the Elderly, the Disabled, the Outsider


“You may choose to look the other way, but you can never say again that you did not know.”

William Wilberforce








"The inability to identify with others was unquestionably the most important psychological condition for the fact that something like Auschwitz could have occurred in the midst of more or less civilized and innocent people."

Theodor Adorno


27 November 2012

Gold Daily and Silver Weekly Charts - Quiet Option Expiration


Today was the last trading day of the month for most US firms.

To preserve and protect, the Wall Street monopoly that is, those vigilant folks at the Gensler CFTC have acted to prohibit Americans from punting their opinions on Intrade. This decision did not take the requisite four years it seems to take that august body of regulators to do anything of benefit for the average American investor.   CFTC Decides to Shut Down InTrade For Americans

The metals went out on a quiet expiration, with a decent amount of options closing in the money. They will be converted to active futures contracts tomorrow. I expect some market action on this.

Nov. 27 Comex December gold options expiry
Nov. 27 Comex December silver options expiry
Nov. 27 Comex December copper options expiry
Nov. 28 Comex December miNY gold futures last trading day
Nov. 28 Comex November copper futures last trading day
Nov. 28 Comex December E-mini copper futures last trading day
Nov. 28 Comex December miNY silver futures last trading day
Nov. 30 Comex December gold futures first notice day
Nov. 30 Comex December silver futures first notice day
Nov. 30 Comex December copper futures first notice day
Nov. 30 Nymex December palladium futures first notice day

Fed Warns of Risk of Financial Cyber Attacks





SP 500 and NDX Futures Daily Charts - Sell on Close and Green Mountain


Treasury declined to name China as a currency manipulator, although the reminbi is still significantly undervalued, according to a report released after the bell.

Green Mountain coffee exceed expectations in their earnings report.

The market was lackluster most of the day, and dropped in the last hour on an imbalance of 'sell on close' orders.

Today is the last day of the trading month for most firms.





L’Union Européenne de Goldman Sachs - Fascisme Économique


"The lamps are going out all over Europe, we shall not see them lit again in our lifetime."

Sir Edward Grey, 3 August 1914

OECD Slashes Growth Outlook, Warns of Recession

Dans la nuit du vampire des abysses