[rohry]

"The word on the street used to be that the gold derivatives market would blow up at $340. And before that, $330."

I guess that you are not paying attention. The fire is already raging in the plane and is working its way to the fuel tanks:

Your analysis is welcome...

By the way the chart is not up to date. The price of gold is currently $345. What is your dog in this fight?

[Poohbah]

I guess that you are not paying attention.

Oh, I am paying attention.

I've been paying attention to these claims for years. Too bad you haven't.

So far, gold has popped through two price levels that would supposedly trigger a catastrophic meltdown of JP Morgan and the other investment banks.

So when is the catastrophe supposed to engulf JP Morgan?