http://www.calculatedriskblog.com/2011/10/update-on-gasoline-prices.html

no inflation here.

i guess all these articles i've been putting up aren't data according to misreality.

you want data?  here's some data:

The comex reminds me very much of the lines to buy houses at the top out the housing bubble.  It went on for years.  Also the ipo craze. Everything looked so good.  How could anything go wrong?  Why can't things reverse?

as a US citizen of course most of my wealth is in USD's.

the UST short is very small and i'll take it down if it goes south.  i've only added it b/c prices could be at an extreme. in fact, if UST's sell off, its possible this will drive the USD even higher and faster and gold/silver straight down into the dumps.  wouldn't that be something?

@misreality:   you sir are trapped in physical bullion as your main financial holding.  thats clear from your posts so don't try to suggest otherwise.  you have a huge vested interest in pushing the pm price so as to not only profit but also to prevent catastrophic losses.  you are locked into the most illiquid of all assets.  if the price plunges from here as i suspect, you could be bankrupted.

i've been open from the very beginning that i am short pm's and that i've sold most my bullion.  and i took that position before the recent plunge. if i get the sense that i'm wrong on my call, it will take but a keystroke to stem my losses.  

i conclude that my arguments on this thread are much more neutral and unbiased than yours.

no, i want ppl to accumulate as much hard cash USD's as possible.  its skyrocketing in value.  we are seeing the beginning of bank runs.

http://problembanklist.com/will-the-run-on-greek-banks-spread-across-europe-0401/

http://forextrib.com/forex-news-analysis/forex-market-news/fxpro-daily-forex-brief-the-mad-scramble-for-dollars/

those same electronic debt USD's are vaporizing as we speak causing an overall plunge in total USD's worldwide.

yet you keep coming back and posting here more than your own blog!   i'm sure you're drawn by the fact that my thread is getting alot of views.  not trying to brag but i'm willing to bet most people here are drawn more to my willingness to put myself out there and take a contrarian view to the conventional wisdom in calling an end to the gold/silver bull.  especially since things now seem to have gone terribly wrong.  and my willingness to put the details, theory, and data forward to support that position.  and i do this not on just a longterm view but realtime as well. after all, how the hell are you supposed to get out ahead of these turns if you don't trade short term?

not that these viewers are in my camp mind you; i bet most here desperately want me to be wrong since they are pm bulls like yourself.  thats ok too.  as i said from the beginning, you were my motivation to start this thread; your mysterious unsolicited pm from an anonymous internet poster whispering for me to cover my short position and buy.  not used to ppl ignoring your advice and even intimidating you, eh?   i still smell a trap.

i'm willing to look at the data as it comes in and interpret what is happening.  i am willing to admit i'm wrong.  yours is just a simple religious based view on the pm's that has been pushed for 11 years now.  and you've amply proven that you're unwilling to change your views despite being faced with contrary information. you're a Boris Spassky riddled by simple linear uncreative thinking.  btw, the greatest form of flattery is mimicking your opponent.  "no i'm not linear, you're linear!"  thanks for that.  you're a zealot that is unwilling to consider other's views and you're still in Stage 1 of Denial.  which means gold still has a long way to fall.

you're so predictable as well.  when pundits like you are proven wrong in failing to identify the change in trend (which requires looking at the short term)  the first thing they do is start backing out on the timeline of the charts.  since even the daily arithmetic charts have gone so badly against you, you have started to throw up weekly and logarithmic charts to cover up your losses.  remind me to quantify those some time here in a post btw.  for those interested in calculating misreality's losses, just go back to his recommendations here on the thread for his buys.  they have been brutal.  even if gold were to go back to $250, you would throw up a 100 yr chart and say look we're still up from $20 in 1929!  buy, buy, buy!

https://bitcointalk.org/index.php?topic=35956.msg546612#msg546612

bottom line here is since we began this thread you've cost alot of ppl and yourself alot of money following your advice.  especially those ppl who bought into the push into the gold double top.  and its been even worse for those who followed your advice into the 61.8% retrace push of silver.  and its even more worse for the pm stocks vs silver.  go back and follow the timeline of our respective advice.  i was screaming for a top.  the very day the pm stocks pulled back under the breakout line i called it a failure while you and the pundits you rely on (Eric Degroot i think) were screaming for a breakout.

https://bitcointalk.org/index.php?topic=35956.msg527117#msg527117

https://bitcointalk.org/index.php?topic=35956.msg522374#msg522374

you're like a forester who refuses to get out of his plane at 30,000 feet and look at the leaves, branches, and trunks of the trees themselves which have rot growing all over them.  you refuse to even acknowledge that the bull could be over.  many more ppl are coming over to my view only now.  oh well, convincing you will have to be bloody.

LOL!  Up 77%!

Ira does seem like a great developer. 

there's your picture.  i like what i see esp. on Friday.

@misreality:  i've been sitting here shaking my head chuckling to myself trying to figure out how best to respond to your post.  i finally determined that the warnings i wrote yesterday regarding the intraday action in the markets went right over your head.  i take back that compliment i gave you which is probably the reason for your blindfolders.  or perhaps your giddiness was b/c the pain in the PM space has eased just a bit the past coupla days.

you have no idea about the pain that is about to befall you once again.  you and MatthewLaMe.

and you wonder why your wealth is slowly slipping away?

oh geez.  the gold/silver share setup i was seeing this am and a few posts ago is playing out.

NEM has clearly broken the perfect ascending wedge from this AM and is now heading down.  they walked it up to the top of the leader board to get everyone in and now they'll take em down.

i am an employer.  i have never had such wage control power since i've been in business since 1993.  i don't offer health care or a pension plan yet i have dozens of apps for any openings i advertise.  i'm also seeing older ppl enter the workforce that will accept lower pay than younger ppl b/c of the squeeze Ben's put on them.


this whole discussion presupposes that they'll have a choice in this whole deflationary event.  they don't.


and i keep answering it:

Politics, the sheer size of the bad debts, the rioting that you'll see if they try (Middle East) and self preservation.  if they destroy the USD what would be their function?  what about the billions of USD wealth these bankers have?

of ALL the gold and silver mining shares including all the etf's at Fidelity, the ONLY one available with shares to short is NEM.

and its forming a picture perfect ascending wedge.  we know how those resolve.

as of today.  i'm sure Fidelity could go out into the market and get shares of GLD for you to short but ALL IN HOUSE SHARES ARE GONE.

edit:  SLV shares have been gone for weeks.