Author Topic: Not to panic, but gold and silver are jumping (Read 785 times)

Matthew · « **on:** June 19, 2014, 01:07:30 PM »

Silver is up well over 4% and gold is up 3.5% for the day.

tdrev123 · « **Reply #1 on:** June 19, 2014, 01:12:08 PM »

And someone bought half a billion dollars worth of Gold Futures.

http://www.zerohedge.com/news/2014-06-19/who-just-bought-half-billion-dollars-gold-futures

PerEvangelicaDicta · « **Reply #2 on:** June 19, 2014, 02:19:56 PM »

Quote from: tdrev123

And someone bought half a billion dollars worth of Gold Futures.

http://www.zerohedge.com/news/2014-06-19/who-just-bought-half-billion-dollars-gold-futures

That is very telling.

I haven't been reading zerohedge lately - anyone elso notice a change in quality? It's just not the same and I miss the old zerohedge. They still post valuable info like this, but I saw a comments discussion a month or two ago that they changed hands, and there was concern that there's disinfo now and less credible sources. I don't know, just asking.

tdrev123 · « **Reply #3 on:** June 23, 2014, 02:40:12 AM »

I haven't heard anything about it changing hands, are you saying in the comments it said it changed owners? I have not heard anything about that. I have been reading ZH pretty regularly for the past 2 years, I have seen a small drop in quality in some of the articles but there are still great articles about the legal corruption on wall street. I find that a lot of the articles have such an anti-american slant it is getting old. About the the disinformation, I haven't noticed anything that I have seen that is false, the problem that they have is they always say the that yada yada will lead to a crash and desolation, but thats not going to happen for years, and they do only report bearish economics and negative political /current events news.

PerEvangelicaDicta · « **Reply #4 on:** June 23, 2014, 11:56:19 AM »

Thanks for the reply, Overall, your comment is my assessment.

Yes, the comments were associated with a rather specious article several months ago which already prompted me to wonder why zh featured it - it was very juvenile in style. I wanted to see if others noticed. Those discussing said that this is the new quality since they changed hands, Whether that's mgmt or ownership, I don't know. That moved into a discussion on whether the lower quality and type of info was disinfo. Am interesting theory, considering the state stranglehold on msm and a lot of alt news.

I seemed to notice a subtle shift in quality after that, but it could just be me, tired of zh's 'imminent financial tsunami' focus of the past many years. I tink Joel Skousen is correct, that's not our pressing worry, it's nuclear war.