What happens when this puppy crashes ?

http://www.cnbc.com/id/100649649

Copper looks poised for a washout, or flash crash.

With all the HFT's, and nearly everything somehow linked to a derivative, it'll be interesting to see how this plays out if this crashes lower.

Can we still even call it the "Doctor" ?


Very little seems to be reliable anymore in terms of indicators, now that the FED and all CB's have utterly and massive distorted markets and price signals.

P.S. I'm fairly certain that Bernanke hasn't "repealed" the Black Swan just yet, but who knows ? Maybe he has magically made every possible dark scenario evaporate into the Fantasy Land of Smoke and Mirrors.

PPS. RE: Gold - I'd be reluctant to consider any of that action any type of conspiracy, but rather not at all a surprise again, given the financial weapons so many now have at their disposal. On the other side of this, its likely too complicated to even determine whats even "legal" these days, let alone think about prosecution.

And copper went down all day long, and is dropping further tonight....

http://www.businessi...april-18-2013-4

This revealing a more indicative story than gold was.

Just so you know, quite a few dollars are quietly being pulled out of US banks by average joes. It's not panicky, but strong and steady. Somebody way up high recognizes this and probably are stuck because they can't do a darn thing about it. Say anything, then there is a run. Put capital controls, then there is a real panic. Raise interest rates, and stocks and bonds crash. A lot of it is possibly being spent on large durable goods, in addition to hoarding or conversion. or folks just paying off some significant debt, that might otherwise be allowed to go unchecked were the feelings that the economy was doing better. I wouldn't feel comfortable holding any level of debt at this juncture, especially and most importantly, a mortgage. Better off selling while you can, and renting, or just make darn sure it's paid off and you are able to squat it out for a long long time.