Two notices for silver and two notices for gold sent down/update on Japan

Harvey Organ, Monday March, 21 2011

Two notices for silver and two notices for gold sent down/update on Japan

 

Panic selling of dollar could start soon, Turk tells King World News

 

Broad Dollar Index continues sinking

posted by Trader Dan at Trader Dan's Market Views - 28 minutes ago

The Broad Dollar index is a much wider or "broader" representation of the plight of the US Dollar on the global markets as the basket from which the index is created is more representative of the globe tha...

US Dollar update

posted by Trader Dan at Trader Dan's Market Views - 1 hour ago

As has been the pattern over the last view trading sessions, the US Dollar has become the whipping boy for the global forex trading crowd. Today is was strength in the Euro which sent it lower. Talk is pic...

Portugal gov't nears collapse amid debt crisis

posted by Eric De Groot at Eric De Groot - 1 hour ago

Changes in the locus of power (control) have almost always been about the debt. Democracy, theocracy, autocracy, communism, etc. will be challenged by the consequences of extreme debt burdens in the coming...

Israel Warplanes Fly Over Gaza, Bomb Hamas Military Site

Submitted by Tyler Durden on 03/21/2011 17:51 -0400

Since the apocalypse is obviously priced in to the Russell 2000, the market should be able to digest the latest piece roasted glow in the dark swan with barely a hiccup.

• ISRAELI WARPLANES HIT HAMAS MILITARY SITE IN GAZA, XINHUA SAYS
• ISRAELI GAZA ATTACKS INJURE FIVE PEOPLE, AL-ARABIYA REPORTS
• ISRAELI WARPLANES FLYING OVER GAZA, AL-ARABIYA REPORTS

That said, courtesy of the biggest case of headline fatigue in history, at this point absent NASA announcing the imminent destruction of the earth by an asteroid, or a Proxima Centuari supernova (and even that will be bullish as there is precisely 4.2 years of stock market Zimbabwefication before the earth is annihilated), there appears to be nothing that can possibly prevent the Chairsatan from reverse exercising his Russell 2000 put at 36,000.

Radioactive Cesium Content In Japan Sea Water 25 Times Limit, Radioactive Iodine At 127 TImes Maximum Allowed

Submitted by Tyler Durden on 03/21/2011 12:57 -0400

According to Kyodo, the Fukushima sea fallout is getting material enough to where the sea soon won't need a blacklight to glow in the dark:

• Kyodo says radioactive caesium found in sea water 24.8 times limit
• Kyodo says radioactive Iodine found in sea water 126.7 times limit

The only logical solution is for the Japanese ministry of deadly disinformation to raise the radioactive Cesium sea water limit by 25 times, and that of Iodine by 127 times. And all shall be well.

As Radioactive Rain Starts To Pour, Japan Engages In Another Cover Up As It Increases Decontamination Threshold Sixteenfold

Submitted by Tyler Durden on 03/21/2011 12:23 -0400

Even as the market has now apparently fully priced in Fukushima, the bad news continue coming:

• TOKYO ELECTRIC RADIOACTIVITY FOUND CONFIRMS FUEL DAMAGE: NHK
• TOKYO ELECTRIC DETECTS 5 TYPES OF RADIOACTIVITY, NHK SAYS

No surprise there: by now everyone is well aware that the fuel rods are if not completely then certainly partially destroyed. However, the real danger, and explains why we have been following atmospheric conditions over Japan so closely, is that as Kyodo just reported, the rain is now pouring radioactive cats and dogs. But the most troubling development is that instead of being proactive and finally warning its citizens about the dangers, the Japanese government has just raised the decontamination threshold by nearly 20 times from 6,000 cpm to a stunning 100,000 cpm. Is is rather safe to assume that this number was not picked arbitrarily.

Guest Post: US Justice Department Logic: Bernanke Is A Domestic Terrorist

Submitted by Tyler Durden on 03/21/2011 12:40 -0400

The United States Department of Justice delivered a very clear and unfortunate message on Friday: “Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism. While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country.” These remarks were released by the US Attorney’s office in the western district of North Carolina following the conviction of one Bernard von NotHaus, the creator of the ill-fated Liberty Dollar. Somehow, though, I doubt that Homeland Security chief Janet Napolitano or Attorney General Eric Holder will end up labeling Mr. Bernanke as a domestic terrorist.