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SOS, GOLD is shut off in the GLOBEX market?

 
Anonymous Coward
User ID: 44486843
United States
08/24/2014 07:20 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
We are damn close...

GCR = Global Currency Reset

No one knows the date, but with BRICS and moving to Basel III banking standards. There will be a change over. Things will be shut down for the rates to change on everything.
Anonymous Coward (OP)
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08/24/2014 07:21 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
Kitco just show's the spot price if the CME is closed then you can't buy any.
XanaduDWI

User ID: 44414453
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08/24/2014 07:21 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
Op, can you provide a link or two to what you are referring to? Stock exchange and the link that said there was a glitch.
Anonymous Coward (OP)
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08/24/2014 07:21 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
I think you maybe right.....



We are damn close...

GCR = Global Currency Reset
Anonymous Coward (OP)
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08/24/2014 07:23 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
No link, I'm a oil trader, so what i'm looking at is my trade website.



CME Delays Futures Opens Due To "Glitch"; USD Jumps On EUR, JPY Weakness
Tyler Durden's pictureSubmitted by Tyler Durden on 08/24/2014 18:34 -0400





inShare


It appears - judging from FX markets this evening - that consensus on Jackson Hole is Yellen was more hawkish and Draghi & Kuroda more dovish than expected. The USD index is pushing on towards one-year highs as EUR is down 50 pips (not helped by a dovish FT article on deflation fears) to 11-month lows, and USDJPY broke to as high as 104.45 (weakest JPY in 7 months). In addition to this action, the CME confirms all Futures products will have a delayed opening due to technical issues with NO estimated opening time.

CME's only statement... on GCC site...



*ALL CME GLOBEX MARKETS EXCEPT BURSA MALAYSIA HALTED, CME SAYS
Anonymous Coward (OP)
User ID: 60342663
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08/24/2014 07:24 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
ALL CME GLOBEX MARKETS EXCEPT BURSA MALAYSIA HALTED, CME SAYS



WTH: Malaysia again......
Anonymous Coward (OP)
User ID: 60342663
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08/24/2014 07:26 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
When the first press came out it was to open at 7pm NY, now this: WTF


NO estimated opening time.
XanaduDWI

User ID: 44414453
United States
08/24/2014 07:27 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
No link, I'm a oil trader, so what i'm looking at is my trade website.



CME Delays Futures Opens Due To "Glitch"; USD Jumps On EUR, JPY Weakness
Tyler Durden's pictureSubmitted by Tyler Durden on 08/24/2014 18:34 -0400





inShare


It appears - judging from FX markets this evening - that consensus on Jackson Hole is Yellen was more hawkish and Draghi & Kuroda more dovish than expected. The USD index is pushing on towards one-year highs as EUR is down 50 pips (not helped by a dovish FT article on deflation fears) to 11-month lows, and USDJPY broke to as high as 104.45 (weakest JPY in 7 months). In addition to this action, the CME confirms all Futures products will have a delayed opening due to technical issues with NO estimated opening time.

CME's only statement... on GCC site...



*ALL CME GLOBEX MARKETS EXCEPT BURSA MALAYSIA HALTED, CME SAYS
 Quoting: Anonymous Coward 60342663


Thanks. If you are an oil trader then I assume you know what you are talking about.hf
Anonymous Coward
User ID: 50667838
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08/24/2014 07:31 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
I'm still trying my best with Questrade, mr. oil trader, do you think it's worth dropping in the 1k minimum?

Less this glitch is bigger than we expect that is...
Anonymous Coward
User ID: 44486843
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08/24/2014 07:31 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
I think you maybe right.....


We are damn close...

GCR = Global Currency Reset
 Quoting: Anonymous Coward 60342663


The RV is going to make some Dinar and Dong holders 'shit their pants'. I get some info on this now and then from friends that are into this.

Keep in mind just rumor from friends...

After RV...
Dong is more than $1, less than $3.
Dinar is more than $4, less than $7.

A banker friend told me in July, it will happen by September.

I am not stating that is what is going on, but this is a 'tell tale' sign of such a thing.

ADDED: Precious metals will be worth their weigh after this.
Anonymous Coward (OP)
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08/24/2014 07:34 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
your welcome and yes I do, I was trying to buy some oil and then it shut off, gold never opened.


Thanks. If you are an oil trader then I assume you know what you are talking about
Anonymous Coward (OP)
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08/24/2014 07:36 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
[link to www.breitbart.com]


CHINA APPEARS READY TO DUMP ITS U.S. TREASURY BONDS
Anonymous Coward
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08/24/2014 07:36 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
5a
Anonymous Coward
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08/24/2014 07:37 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
[link to www.breitbart.com]


CHINA APPEARS READY TO DUMP ITS U.S. TREASURY BONDS
 Quoting: Anonymous Coward 60342663


All part of the plan.

A scapegoat excuse to change over for the sheeple.
Anonymous Coward (OP)
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08/24/2014 07:37 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
Why Is The US Treasury Suddenly Concerned About "Loss Of Market Access"


Earlier we revealed that one of the key topics of discussion during yesterday's quarterly meeting of the TBAC committee with government workers (including Under Secretary for Domestic Finance Mary Miller, Assistant Secretary for Financial Markets Matthew S. Rutherford, Deputy Assistant Secretary for Federal Finance James G. Clark, and Director of the Office of Debt Management Fred Pietrangeli, and two NY Fed staffers, Nathaniel Wuerffel and Lorie Logan) was whether or not markets had become far too complacent, there was another, even more important topic of discussion than simply the beaten dead horse which is the fate of manipulated stock markets. The topic: the US Treasury suddenly losing access to capital markets.

This is how the Treasury framed the discussion:

Pursuant to the Committee’s request at the April meeting that Treasury present a cash balance management framework that mitigates certain risks, DAS Clark began his presentation by reviewing Treasury’s current cash balance objectives. He explained that Treasury’s main sources of cash are susceptible to risk, noting that Treasury has historically focused on risks associated with errors in fiscal forecasting. Clark stated that several events had made it clear that market access and settlement risks could also potentially impair Treasury’s ability to fund government expenditures for several business days.

A detailed discussion ensued amongst Committee members around the benefits and potential concerns related to holding a higher cash balance in order to mitigate the consequence of losing market access. The Committee concluded that it would be cost effective and prudent for Treasury to hold a higher cash balance. They suggested that Treasury should continue to analyze the details of maintaining a higher cash balance and present its findings at an upcoming TBAC meeting.
XanaduDWI

User ID: 44414453
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08/24/2014 07:38 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
[link to www.breitbart.com]


CHINA APPEARS READY TO DUMP ITS U.S. TREASURY BONDS
 Quoting: Anonymous Coward 60342663


Doom on!ahhh
Anonymous Coward (OP)
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08/24/2014 07:44 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
could be a test for the real time, or this could be it? Time will tell, it;s going on 2 hour's closed and in 20 years i haven't seen this shit.
Anonymous Coward (OP)
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08/24/2014 07:47 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
If China is try to sell there bond/notes the a shut off is what they will do..


And the all hell will....

CHINA APPEARS READY TO DUMP ITS U.S. TREASURY BONDS
Anonymous Coward
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08/24/2014 07:48 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
5a5a5a
Anonymous Coward (OP)
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08/24/2014 07:50 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
Ok, 7:49 pm NY, something big is going on. Would never take 2 hour's to fix a"teck issues"

DOOM IS ON!


banana2
Anonymous Coward
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08/24/2014 07:57 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
This is more than just a bullshit "glitch"...something is going on.
Anonymous Coward (OP)
User ID: 60342663
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08/24/2014 08:00 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
no gold then buy this:
Anonymous Coward (OP)
User ID: 60342663
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08/24/2014 08:01 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
This is more than just a bullshit "glitch"...something is going on.


You are right sir, I think china pushed the sell.
Anonymous Coward (OP)
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08/24/2014 08:02 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
If we go on for another hour without an open, I would hit your ATM:S ASAP
Anonymous Coward
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08/24/2014 08:05 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
They're open aren't they?? Kitco showing readings. Isn't it?
Anonymous Coward (OP)
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08/24/2014 08:07 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
???

The euro collapse in FX asia open has prompted a few sell orders in equity futures.

The problem is that the institutional algos are not switched on at this time.

However, technical trend following systems are on and the low volume of the last few days has made liquidity evaporate.

The few sell orders have created an imbalance which would trigger the stops so CME has decided to delay the opening on what it considers an artificial imbalance
Anonymous Coward (OP)
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08/24/2014 08:08 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
guy's kitco is not the CME or the market, ALL CME MARKETS ARE CLOSED.
Anonymous Coward
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08/24/2014 08:08 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
bump
Anonymous Coward (OP)
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08/24/2014 08:09 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
NO ETA WHEN THEY WILL REOPEN.
Anonymous Coward
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08/24/2014 08:09 PM
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Re: SOS, GOLD is shut off in the GLOBEX market?
guy's kitco is not the CME or the market, ALL CME MARKETS ARE CLOSED.
 Quoting: Anonymous Coward 60342663


Okay thanks for info. Uuhhh this ain't good.





GLP