When was the last time a barrel of oil went up $5 in one day? The agricultural commodity markets are closed, or they would be going through the roof too. I wonder if JP Morgan executives are enjoying their day off, as silver skrockets to new highs. Feel the pain Jamie.
I wonder what the stock market would have done today if it was open. Markets around the world are generally down 1% to 4%.
Somehow, my guess is that Bennie and his friends on Wall Street will generate a positive return tomorrow in an effort to calm the world. I’m sure the young people in Libya getting mowed down by machine guns will appreciate Bennie’s concern for the well being of bankers and despots.
Energy
| PRICE* | CHANGE | % CHANGE | TIME | |
|---|---|---|---|---|
| BRENT CRUDE FUTR (USD/bbl.) | 105.730 | 3.210 | 3.13% | 12:59 |
| GAS OIL FUT (ICE) (USD/MT) | 885.750 | 20.500 | 2.37% | 12:58 |
| HEATING OIL FUTR (USd/gal.) | 279.850 | 8.560 | 3.16% | 12:58 |
| NATURAL GAS FUTR (USD/MMBtu) | 3.928 | 0.052 | 1.34% | 12:58 |
| GASOLINE RBOB FUT (USd/gal.) | 262.100 | 6.970 | 2.73% | 12:57 |
| WTI CRUDE FUTURE (USD/bbl.) | 91.470 | 5.270 | 6.11% | 12:57 |
Precious Metals
| PRICE* | CHANGE | % CHANGE | TIME | |
|---|---|---|---|---|
| GOLD 100 OZ FUTR (USD/t oz.) | 1,406.900 | 18.300 | 1.32% | 12:59 |
| SILVER FUTURE (USD/t oz.) | 33.870 | 1.574 | 4.87% | 12:58 |
Europe, Africa and Middle East Indexes
Europe
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| BLOOMBERG EUROPEAN 500 | 201.49 | -2.72 | -1.33% | 11:45 |
| BLOOMBERG LIQUID MiFID | 1,663.25 | -25.96 | -1.54% | 13:11 |
| Euro Stoxx 50 Pr | 3,012.34 | -55.66 | -1.81% | 11:50 |
| STXE 50 € Pr | 2,724.29 | -38.15 | -1.38% | 11:50 |
| ESTX € Pr | 291.97 | -4.99 | -1.68% | 12:07 |
| STXE 600 € Pr | 287.18 | -3.86 | -1.33% | 12:07 |
| STX EUEnlrg 15 € Pr | 2,379.47 | -27.51 | -1.14% | 11:50 |
| STX EUEnlrg TM € Pr | 230.51 | -2.18 | -0.94% | 11:50 |
| FTSE EUROTOP 100 INDEX | 2,437.71 | -34.26 | -1.39% | 12:10 |
| FTSEUROFIRST 300 INDEX | 1,171.41 | -15.62 | -1.32% | 12:15 |
| MSCI EURO | 917.95 | -15.60 | -1.67% | 12:37 |
| MSCI PAN-EURO | 948.17 | -12.58 | -1.31% | 12:37 |
| S&P EUROPE 350 INDEX | 1,191.42 | 0.10 | 0.01% | 02/18 |
| S&P EURO INDEX | 1,257.67 | 0.90 | 0.07% | 02/18 |
| BLOOMBERG EUR NEW MKT 50 | 325.40 | -4.90 | -1.48% | 13:12 |
| EURONEXT TOP 100 INDEX | 731.26 | -9.28 | -1.25% | 12:08 |
| EURONEXT TOP 150 INDEX | 1,721.46 | -20.40 | -1.17% | 12:08 |
| FTSEurofirst 80 Index | 3,900.80 | -66.89 | -1.69% | 11:45 |
| FTSEurofirst 100 Index | 3,608.99 | -56.06 | -1.53% | 11:45 |
| NEW EUROPE BLUE CHIP IX | 1,311.66 | -13.86 | -1.05% | 11:40 |
Africa/Middle East
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Bloomberg GCC 200 Index | 57.56 | -0.25 | -0.43% | 08:50 |
United Kingdom
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| FTSE 100 INDEX | 6,014.80 | -68.19 | -1.12% | 11:35 |
| FTSE 250 INDEX | 11,727.70 | -100.63 | -0.85% | 11:35 |
| FTSE 350 INDEX | 3,187.91 | -34.98 | -1.09% | 11:35 |
| FTSE SMALLCAP INDEX | 3,285.13 | -12.22 | -0.37% | 11:35 |
| FTSE ALL-SHARE INDEX | 3,120.40 | -33.70 | -1.07% | 11:35 |
| FTSE techMARK Focus Ix | 2,216.23 | -28.89 | -1.29% | 11:35 |
| FTSE AIM ALL SHARE INDEX | 947.26 | -7.76 | -0.81% | 11:49 |
Germany
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| DAX INDEX | 7,321.81 | -105.00 | -1.41% | 12:31 |
| GERM CDAX PERFORMANCE | 643.90 | -9.20 | -1.41% | 12:31 |
| HDAX INDEX | 3,715.56 | -54.58 | -1.45% | 12:31 |
| MDAX PERF INDEX | 10,338.50 | -175.41 | -1.67% | 12:31 |
| TECDAX PERFORMANCE INDEX | 901.11 | -15.89 | -1.73% | 12:31 |
| PRIME ALL SHARE PRF IDX | 2,720.52 | -39.32 | -1.42% | 12:31 |
| MIDCAP MRKT PERF INDEX | 931.11 | -15.93 | -1.68% | 12:31 |
| TECHLGY ALL SHARE PRF IX | 1,072.62 | -18.13 | -1.66% | 12:31 |
| CLASSIC ALL SHARE PRF IX | 3,463.51 | -50.02 | -1.42% | 12:31 |
France
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| CAC 40 INDEX | 4,097.41 | -59.73 | -1.44% | 12:06 |
| SBF 250 INDEX | 2,992.12 | -41.45 | -1.37% | 12:07 |
| CAC NEXT 20 INDEX | 5,910.29 | -57.90 | -0.97% | 12:07 |
| CAC MID 100 INDEX | 7,472.69 | -83.01 | -1.10% | 12:08 |
| CAC MID & SMALL190 INDEX | 7,476.77 | -79.06 | -1.05% | 12:07 |
| CAC SMALL 90 INDEX | 7,250.96 | -36.26 | -0.50% | 12:07 |
| CAC ALLSHARES INDEX | 4,403.17 | -59.20 | -1.33% | 12:07 |
Spain
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| IBEX 35 INDEX | 10,810.50 | -257.60 | -2.33% | 11:35 |
| SPAIN MA MADRID INDEX | 1,107.77 | -25.82 | -2.28% | 11:37 |
| DJ SPAIN TITANS 30 € | 500.44 | -12.10 | -2.36% | 11:36 |
Switzerland
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| SWISS MARKET INDEX | 6,683.87 | -33.38 | -0.50% | 11:31 |
| SPI SWISS PERFORMANCE IX | 5,991.43 | -32.52 | -0.54% | 11:31 |
| DJ SWISS TITANS 30 Sƒ | 399.04 | -3.15 | -0.78% | 11:35 |
| SPI EXTRA PRICE RETURN | 174.41 | -1.33 | -0.76% | 11:31 |
| SMIM PRICE INDEX | 1,414.73 | -13.05 | -0.91% | 11:31 |
| SLI SWISS LEADER INDEX | 1,072.57 | -8.42 | -0.78% | 11:31 |
Italy
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| FTSE MIB INDEX | 22,230.20 | -828.83 | -3.59% | 11:30 |
| FTSE Italia All-Share | 22,817.70 | -822.29 | -3.48% | 11:38 |
| FTSE Italia Mid Cap Ind | 24,779.90 | -720.34 | -2.82% | 11:38 |
| FTSE Italia STAR Index | 11,792.90 | -278.42 | -2.31% | 11:38 |
| DJ ITALY TITANS 30 € | 2,404.30 | -85.98 | -3.45% | 11:31 |
Portugal
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| PSI GENERAL INDEX | 2,807.66 | -58.46 | -2.04% | 12:08 |
| PSI 20 INDEX | 7,855.73 | -174.60 | -2.17% | 12:08 |
Ireland
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| IRISH OVERALL INDEX | 2,956.59 | -48.80 | -1.62% | 12:10 |
Iceland
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| OMX Iceland All-Share PR | 620.78 | 11.76 | 1.93% | 10:29 |
Netherlands
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| AEX-Index | 370.92 | -3.27 | -0.87% | 12:06 |
| AMSTERDAM MIDKAP INDEX | 646.01 | -2.13 | -0.33% | 12:08 |
Belgium
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| BEL 20 INDEX | 2,715.66 | -39.37 | -1.43% | 12:05 |
| BELGIAN STK MKT RET IDX | 25,103.60 | -277.54 | -1.09% | 12:07 |
| BELGIAN VLAM-21 INDEX IN | 2,580.20 | -3.46 | -0.13% | 02/18 |
Luxembourg
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| LUXEMBOURG LuxX INDEX | 1,509.30 | -8.66 | -0.57% | 11:40 |
| LUXEMBOURG LuxX RETURN | 1,977.86 | -11.36 | -0.57% | 11:40 |
Denmark
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| OMX COPENHAGEN 20 INDEX | 467.10 | -3.41 | -0.72% | 11:00 |
| OMX COPENHAGEN INDEX | 400.72 | -2.86 | -0.71% | 11:00 |
Finland
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| OMX HELSINKI INDEX | 7,536.57 | -71.54 | -0.94% | 11:30 |
| OMX HELSINKI 25 INDEX | 2,619.12 | -26.86 | -1.02% | 11:30 |
| OMXHCap | 4,742.92 | -44.60 | -0.93% | 11:30 |
Norway
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| OBX STOCK INDEX | 399.19 | -3.60 | -0.89% | 12:15 |
| OBX PRICE INDEX | 333.88 | -3.30 | -0.98% | 12:15 |
| OSE ALL SHARE INDEX | 488.71 | -2.40 | -0.49% | 12:15 |
| OSE BENCHMARK INDEX | 437.23 | -4.23 | -0.96% | 12:15 |
| OSE MUTUAL FUND INDEX | 438.14 | -6.22 | -1.40% | 12:15 |
| OSE SMALL CAP INDEX | 641.72 | -4.15 | -0.64% | 12:15 |
Sweden
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| OMX STOCKHOLM 30 INDEX | 1,113.98 | -3.25 | -0.29% | 11:30 |
| OMX STOCKHOLM BENCHMARK | 499.98 | -1.80 | -0.36% | 11:30 |
| OMX Stockholm All-Share | 354.71 | -1.12 | -0.32% | 11:30 |
| DJ SWEDEN TITANS 30 SEK | 780.87 | -2.77 | -0.35% | 11:30 |
Austria
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| AUSTRIAN TRADED ATX INDX | 2,923.55 | -54.91 | -1.84% | 11:33 |
| AUSTRIAN VIENNA STOCK EX | 1,117.95 | -19.48 | -1.71% | 11:45 |
| AUSTRIAN ATX PRIME INDEX | 1,413.05 | -23.73 | -1.65% | 11:34 |
Greece
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Athex Composite Share Pr | 1,668.25 | -46.88 | -2.73% | 10:19 |
| FTSE/ASE 20 INDEX | 784.57 | -24.68 | -3.05% | 10:19 |
| FTSE/ASE MIDCAP INDEX | 1,752.64 | -39.40 | -2.20% | 10:19 |
| FTSE/ASE SMALL CAP IX | 306.64 | -13.14 | -4.11% | 10:19 |
Poland
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| WSE WIG INDEX | 46,761.70 | 0.28 | 0.00% | 11:45 |
| WSE WIG 20 INDEX | 2,661.46 | -2.07 | -0.08% | 11:45 |
| WSE sWIG80 INDEX | 12,759.70 | -59.31 | -0.46% | 11:45 |
| WSE mWIG40 INDEX | 2,830.56 | 16.94 | 0.60% | 11:45 |
Czech Republic
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| PRAGUE STOCK EXCH INDEX | 1,242.70 | 5.50 | 0.44% | 11:13 |
Russia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| MICEX INDEX | 1,712.63 | 22.52 | 1.33% | 10:45 |
| MICEX 10 INDEX | 3,962.33 | 45.90 | 1.17% | 10:45 |
| RUSSIAN RTS INDEX $ | 1,894.76 | 5.41 | 0.29% | 13:11 |
| RTS Standard Index | 11,729.70 | 34.68 | 0.30% | 13:12 |
| RTS-2 INDEX | 2,308.94 | 13.47 | 0.59% | 11:00 |
| RUSSIAN TRADED INDEX | 2,643.02 | 33.33 | 1.28% | 11:45 |
Hungary
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| BUDAPEST STOCK EXCH INDX | 22,363.80 | -149.89 | -0.67% | 11:06 |
| HUNGARIAN TRADED INDEX | 5,080.17 | -45.87 | -0.89% | 11:45 |
Romania
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| BUCHAREST BET INDEX | 5,642.37 | -29.51 | -0.52% | 09:30 |
Ukraine
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| PFTS Index | 1,141.51 | 1.10 | 0.10% | 09:52 |
| Ukrainian Equities Index | 2,893.81 | 4.51 | 0.16% | 10:30 |
Kazakhstan
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Kazakhstan KASE Stock Ex | 1,837.76 | 0.10 | 0.01% | 06:01 |
Slovakia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| SLOVAK SHARE INDEX | 240.37 | 4.02 | 1.70% | 10:07 |
Croatia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| CROATIA ZAGREB CROBEX | 2,265.22 | 8.63 | 0.38% | 09:59 |
Slovenia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Slovenian Blue Chip Idx | 837.56 | -10.50 | -1.24% | 06:59 |
Bosnia and Herzegovina
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Bosnia BIRS Index | 1,015.59 | 8.14 | 0.81% | 06:29 |
| SASE Free Market 10 Idx | 1,100.46 | -8.71 | -0.79% | 08:19 |
Serbia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| BELEXline Index | 1,426.89 | 2.00 | 0.14% | 07:01 |
| BELEX15 INDEX | 766.68 | 0.76 | 0.10% | 07:01 |
Montenegro
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Montenegro Stock Exchnge | N.A. | N.A. | N.A. |
Estonia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| OMX TALLINN OMXT | 786.03 | -0.39 | -0.05% | 08:59 |
Macedonia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| MBI 10 Index | 2,675.00 | -45.11 | -1.66% | 08:00 |
| MBID Index | 2,880.71 | -59.54 | -2.02% | 08:00 |
Latvia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| OMX RIGA OMXR | 431.85 | 0.11 | 0.02% | 08:59 |
Lithuania
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Lithuania NSEL 30 Ns | 558.40 | 2.49 | 0.45% | 01/14 |
| OMX VILNIUS OMXV | 417.02 | -3.71 | -0.88% | 09:00 |
Bulgaria
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| SOFIX INDEX | 450.25 | -1.28 | -0.28% | 08:30 |
Turkey
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| ISE NATIONAL 100 INDEX | 65,129.00 | -856.76 | -1.30% | 10:44 |
| ISE NATIONAL 30 | 79,718.90 | -1,219.27 | -1.51% | 10:44 |
| DJ TURKEY TITANS 20 | 657.53 | -8.83 | -1.33% | 10:30 |
Cyprus
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| GENERAL MARKET INDEX CSE | 1,240.51 | -78.58 | -5.96% | 10:09 |
Malta
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| MALTA STOCK EXCHANGE IND | 3,768.42 | -36.11 | -0.95% | 07:50 |
South Africa
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| FTSE/JSE AFRICA TOP40 IX | 29,569.00 | 276.18 | 0.94% | 10:00 |
| FTSE/JSE AFRICA ALL SHR | 32,806.70 | 292.64 | 0.90% | 10:00 |
| FTSE/JSE AFRICA IND25 IX | 26,955.60 | 172.52 | 0.64% | 10:00 |
Egypt
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| EGYPT HERMES INDEX | 540.67 | 540.67 | 0.00% | 02/17 |
| EGX 30 Index | 5,646.50 | -663.94 | -10.52% | 01/27 |
Morocco
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Morocco CFG 25 Index CF | 25,356.70 | -767.10 | -2.94% | 12:05 |
| MASI Free Float Index | 12,251.70 | -377.39 | -2.99% | 10:55 |
| MADEX Free Float Index | 10,013.50 | -312.15 | -3.02% | 10:55 |
Tunisia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Tunis SE TUNINDEX | 4,453.94 | -46.77 | -1.04% | 08:30 |
Namibia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| NAMIBIA OVERALL INDEX | 907.04 | 7.83 | 0.87% | 10:00 |
Botswana
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| BOTSWANA GABORONE INDEX | 6,946.55 | 1.04 | 0.01% | 07:50 |
Nigeria
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| NIGERIA STCK EXC ALL SHR | 26,709.60 | 70.28 | 0.26% | 08:31 |
Tanzania
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Tanzania All Share Index | 1,176.38 | 1.30 | 0.11% | 02/18 |
Kenya
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| Nairobi NSE 20 Share Index | 4,246.91 | -20.96 | -0.49% | 08:26 |
| NAIROBI AS | 76.83 | -0.97 | -1.25% | 07:07 |
Ghana
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| GSE Composite Index | 1,044.40 | -7.66 | -0.73% | 09:49 |
Kuwait
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| KUWAIT SE WEIGHTED INDEX | 445.32 | 3.75 | 0.85% | 04:29 |
| KUWAIT SE PRICE INDEX | 6,426.00 | 31.80 | 0.50% | 04:29 |
Israel
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| TEL AVIV 25 INDEX | 1,331.64 | -3.36 | -0.25% | 09:24 |
| TEL AVIV 100 INDEX | 1,227.64 | -4.27 | -0.35% | 09:24 |
Palestine
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| PALESTINE STOCK INDEX AL | 481.04 | -0.64 | -0.13% | 10:00 |
Lebanon
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| BLOM STOCK INDEX | 1,452.00 | 3.70 | 0.26% | 02/18 |
Bahrain
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| BB ALL SHARE INDEX | 1,465.74 | -5.80 | -0.39% | 04:23 |
| BB ESTERAD INDEX | 1,581.75 | -3.19 | -0.20% | 04:23 |
Saudi Arabia
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| TADAWUL ALL SHARE INDEX | 6,298.85 | -35.05 | -0.55% | 08:00 |
Jordan
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| AMMAN SE GENERAL INDEX | 2,248.07 | -4.12 | -0.18% | 06:59 |
Oman
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| MSM30 Index | 6,830.35 | -64.66 | -0.94% | 04:13 |
Qatar
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| QE Index | 8,488.08 | -75.76 | -0.88% | 07:00 |
United Arab Emirates
| INDEX | VALUE | CHANGE | % CHANGE | TIME |
|---|---|---|---|---|
| DFM GENERAL INDEX | 1,516.43 | -20.02 | -1.30% | 04:59 |
| ADX GENERAL INDEX | 2,620.29 | -12.40 | -0.47% | 04:59 |
| FTSE NASDAQ DUB UAE 20 | 1,580.54 | -29.29 | -1.82% |









MuckAbout says:
Looks to me like there’s an initial knee jerk in almost all the worlds’ markets to a flight to safety. I’d make a bet that money is flowing out of the Middle East like a river into European banks, gold and silver somewhere (from London to Hong Kong).
If this is not a knee jerk pop, then, if other Arab countries are beset with the same “freedom” disease, this could be a tipping point as far as global finance is concerned. The broad data illustrated above shows, for the most part, a sharp but contained rise in commodities and PM’s with a big hit to near East markets.
Tomorrow is going to be an interesting day in New York. I’d love to see JPM’s super-short in silver eat their fucking lunch and sink them like a rock. Of course, Burnbanky will immediately fire off QE II 1/2 and cover JPM’s shorts for them at taxpayer expense which, if this were a normal country with more than 10% of the population knowing whats going on, would result in riots in Washington DC.
Well-loved. Like or Dislike:
10
0
21st February 2011 at 2:35 pm
Kill Bill says:
But but but Ben Bernanarchy is doing Gods work.
Like or Dislike:
2
0
21st February 2011 at 3:08 pm
Welshman says:
Bill Clinton gave Jamie a phone call this AM, and told Jamie he feels his pain.
I can’t believe how complacent the U.S. voters are, I really don’t think they understand what the Federal Reserve is doing.
When I talk to people, they act like the Federal Reserve is supervising and watching over our banking system and protecting the people. They do not honestly understand the Federal Reserve is in bed with the bankers.
Well-loved. Like or Dislike:
7
0
21st February 2011 at 3:36 pm
ragman says:
Oil now at $95 and change. Wait a minute…is this the “change” Obongo promised us. Fill ‘er up indeed. This should be very interesting!
Well-loved. Like or Dislike:
5
0
21st February 2011 at 3:59 pm
Administrator says:
Brent crude at $108 per barrel.
Like or Dislike:
1
0
21st February 2011 at 4:05 pm
Administrator says:
Oil Goes Berserk In Electronic Trading As WTI Passes $98
Submitted by Tyler Durden on 02/21/2011 16:11 -0500
As Zero Hedge advised in early January when the severity of the Maghreb revolution was made all too clear to anyone not willing to stick their head in the CNBC sand, oil could well be the buy of a lifetime ahead of a downward spiral of unprecedented geopolitical proportions. Sure enough, today alone, WTI (April) has surged from $90 yesterday to over $98 in electronic trading (see below). Either this is some computer gone haywire in the closed session, or when America wakes up tomorrow we may be on the verge of another flash crash. As for Brent, it passed $108.50. As a reminder, and people forget this all too readily, each dollar jump in crude wipes out $100 billion in US GDP. That means that at face value, today’s move in the commodity complex, may have taken out as much as 5% of annualized GDP when fully processed through the economy
Like or Dislike:
0
0
21st February 2011 at 4:19 pm
Anonymous says:
Dear JPMorgan,
I strongly urge you to keep shorting silver downwards, not only will this give me more time to accumulate physical, but it will ensure the “pop up in price” becomes larger.
PS : (Die,Die, you insolvent piece of shit institution).
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21st February 2011 at 5:14 pm
tndudeman says:
Dammitt i was sitting here with low fuel in my fuel shed & for some stupid reason just came home with a empty tank in my vehical (which i never do) ~ all are full now. i always keep a few gallons in the shed down back but got lazy lately and let my guard down……..thanks for the reminder cause this ain’t no time to be off guard…………i got a big garden to plant and a tiller to run off that camel piss….heres my TBP tip ~ buy garden seeds/plants early………i’m predicting a renewed interest in gardening for 2011…….IMO from the top’a the ridge tennessee….don
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21st February 2011 at 6:21 pm