Just happy that everyone is breathing better and can relax over a weekend for a change. Darn good job for everyone who Held the Line”

Big time short covering maybe?

Same with the dow. Financials did squat right?

I would be shocked any of this lasted than more then a few days, if that.

It rallied because they named a different dipshit to be treasury secretary?

If you think the gold stuff goes up without the dow/s&p then all will be good. If not, get ready for another kick in the teeth next week.

from Nov 14th

“Watch for 784 as res/support comming up soon. with the channel and 50dma in play imho”

goldtent.com/wp_gold/2008/11/14/pog-res-o-nance/

doesnt get much better,will 784 get tested now?

Same here, not a lot of change….Some guys got there asses in a trap thinking never another bad day. I’ll just wait and probably pull the trigger on just in time deliveries. Some of those early purchasers may be trying to unload at any price as spring rolls around. I got pinched a couple of years ago on early purchases of Roundup. Used to these markets were stable enough to make an intelligent decision on early prepays. I’m tired of the guessing game. I appreciate the info!

All the best.——aggie.

Now Margaret, we are more interested in his background than just a pretty face! 

“Geithner has helped lead U.S. efforts to combat the deepest financial crisis in seven decades, helping oversee the decisions this year to take over American International Group Inc., rescue Bear Stearns Cos. and leave Lehman Brothers Holdings Inc. to fail.”

“As head of the New York Fed, Geithner has served as the central bank’s top liaison with Wall Street. Geithner oversaw meetings at his bank to attempt to head off Lehman’s failure in September, later hosting gatherings on how to resolve AIG.”

“Geithner is no stranger to Washington or the Treasury. Before taking over the New York Fed in 2003, he spent most of the previous 18 years working in the nation’s capital, first at Kissinger Associates, then at the Treasury and finally at the International Monetary Fund.”

(quotes from Bloomberg)  

globaleconomicanalysis.blogspot.com/

The Community Bank closed, 20th failure of the year

By John Letzing, MarketWatch

Last update: 6:33 p.m. EST Nov. 21, 2008

SAN FRANCISCO (MarketWatch) — Loganville, Ga.-based The Community Bank has been closed by regulators, the Federal Deposit Insurance Corp. said late Friday, marking the 20th bank failure so far this year amid the ongoing financial crisis.

All of The Community Bank’s deposits have been transferred to Tappahannock, Va.-based Bank of Essex, the FDIC said, and all four of The Community Bank’s branches will reopen Monday as Bank of Essex.

The Community Bank had total assets of $681 million and total deposits of $611.4 million as of Oct. 17, the FDIC said.

Bank of Essex purchased roughly $84.4 million of The Community Bank’s assets and paid the FDIC a premium of $3.2 million for the right to assume the failed bank’s deposits. The FDIC said it would retain the remaining assets “for later disposition.”

The FDIC estimated that The Community Bank’s failure will cost its Deposit Insurance Fund between $200 million and $240 million. The Community Bank is the third Georgia-based bank to be closed this year, the FDIC said.

and I think “The Source - by circuit city” should be on there as they are  owned by Circuit City.

It’s been hard, but already there’s a spring in my step.  It will be hard for anyone not to take notice now.

Shame on you!  How could someone with such a nice face be a crook?

the fertilizer here hasn’t gone down any. i guess maybe the fertilizer manufacturers pulled the same trick as everyone else and purchased long term supplies at the top.

i think next week will see a couple of days that are really wild. probably lots of folks still have to change sides.

rno

You..who just put up a link to 8 chimps dancing to “Lord of the Dance” are going to wait for confirmation …I will increase the prozac level till you hit the buy button..Haaaa

It seems there are lots of stores that are closing due to the “recession” and the fact that people are not shopping. If you have any “gift cards” from these stores, make sure you use them, or you will lose them!

Watch those store money cards and gift cards.. and credit slips! Stores that informed the Security Exchange of closing plans between October 2008 and January 2009. PLEASE PASS THIS ON TO ALL YOUR FAMILY AND FRIENDS.

Ann Taylor - 117 stores nationwide are to be shuttered
Bombay closing remaining stores
Cache will close all stores
Circuit City stores… most recent (? how many)
Dillard’s to close some stores.
Disney closing 98 stores and will close more after January.
Eddie Bauer to close stores 27 stores and more after January
Ethan Allen closing down 12 stores.
Footlocker closing 140 stores more to close after January
GAP closing 85 stores
Home Depot closing 15 stores 1 in NJ (New Brunswick)
J. Jill closing all stores
JC Penney closing a number of stores after January
K B Toys closing 356 stores
Lane Bryant, Fashion Bug, and Catherine’s to close 150 store nationwide
Levitz closing down remaining stores
Linens and Things closing all stores
Lowes to close down some stores
Macys to close 9 stores after January
Movie Galley closing all stores
Pacific Sunware closing stores
Pep Boys closing 33 stores
Piercing Pagoda closing all stores
Sharper Image closing down all stores
Sprint/ Nextel closing 133 stores
Talbots closing down all stores
Whitehall closing all stores
Wickes Furniture closing down
Wilson Leather closing down all stores
Zales closing down 82 stores and 105 after January.

Oh, yeah. I’m still around and fairly certain everything will come unraveled-with actual assets of value being the place to be for now. I will wait to wade back into the Shares until there is some confirmation the uptrend is real. LAST TIME THIS RALLY HAPPENED VOLUME WAS LIGHT-STRONG TODAY.If it is-there is fiat to be made the middle of any uptrend. Congrats to anyone who played this today. Just hope stops are in.

  What is no longer sustainable is the rally in bonds and the USD.

   I believe even the permabulls will be surprised at the magnitude of the rally yet to come for gold and the HUI.

  This will not be a one day event, there was very good volume across the entire gold complex.

I’ll take care of Sinbad …come next Fri. I will tie him to the chair in front of CNBC live all day. I’ll give him liquids and prozac ..he will be ok by sundown …..

We have some homework to do over the weekend but I think everyone will come up with the right charts and info to prove we are coming out of the chute swinging and we are going to keep advancing straight through the new year…

I am going to take a wild guess and say that your cure might be worse than the sickness…..and the end result would not be a pretty sight.
how many rpw’s triggered today..
Lets see I roll a 90 day T Bill 100 times [thats 9,000 days] and I equal the return on AU and HL just today…….But but the safety of it all…yeah better stay with those T Bills HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
HOOOOOOOOOOOOOOOOOOO HAAAAAAAAAAAAAAAAAAAAAAAAa oh my sides oh it hurts Hey uncle yahoo yeah your right Haaaaaaaaaaaaaaaaaaaaaaaa

Since you’re still around, I’ll bet you’re willing to see how it all plays out. If they do kick us in the teeth next week……at least it won’t come as a big shock. HUI up 27% in one day? I’d guess the worst could be over. Sorry I can’t offer ta…..just a dumass aggie is all I am.

All the best.——–aggie.

the close next friday will tell us volumes. i’m sure one or two days next week tptb will really shake the trees. i really think if anyone has come this far, they will stay on. sure is lonely and boring when the gold millionaire train gets sidetracked. we’re finally moving again.

rno

if you don’t get better soon, i will send a special redneck recipe with belcha. it is 100% kill-or-cure within minutes. nitric acid and glycerin are two of the ingredients. it must be mixed on site in a ceramic container and administered immediately via my special suppository applicator. bon appetite.

rno

Question: we have been here before with $50 dollar up day, HUI up around 30%. Is this sustainable? Is it another fake-out to steal our money should we dare to get all giddy? Did the computer models push it or is there really a short problem? How about some analysis without the hysteria. Sorry, but “just because you’re paranoid does not mean they are not out to get you”.
Meanwhile, this may be appropriate for today-not seen in a long time:
www.youtube.com/watch?v=Cws24hsFh_M

www.youtube.com/watch?v=YGOPQrf1yvI

It’s five o’clock somewhere.

www.youtube.com/watch?v=ib8nH4kHjxk

An interesting note that goes with one of the photos posted earlier is concerning a former tax on windows.  From 1798 to 1926, France had a tax on windows and doors.  England, Scotland and Great Britain had similar taxes, which supposedly was first instituted in “…1697 for the purpose of defraying the expenses and making up the deficiency arising from clipped and defaced  silver”.  Apparently if ‘they’ can’t steal from you one way, they’ll find another method.  In this article it says France still has such a tax, but I can’t confirm that.

Anyway, I know that on many homes in France and with personal knowledge at Chateau Targé, shown in the photo below, almost all the windows were closed up with bricks or stones and mortar, so as to avoid having to pay the tax.  When French friends bought this chateau in the 1960s for next to nothing, it was a very dark place, with very little sunlight making its way in.  They opened up all the windows and it’s a beautiful place now.

The history of this chateau is fantastic.  Initial construction started in about 1200.  It was added to and became a huge place, with massive towers, as shown in the drawing at this site.   Most of the chateau was demolished during the French Revolution.  The present-day elite might do well to take a look at history to see what a pissed-off populace can do!

  ……… and yes, some of us did get    

beaten up pretty badly ….. but I’m hanging in there on the belief that things are going to change for us goldbugs in the very near future.