(Bob Prechter social moods) THE (Bruce) SPRINGSTEEN OMEN: Stocks Set To Surge Massively Against Gold - Joe Weisenthal -  You folks playing the short equities/long gold better be careful.  We just got confirmation of THE SPRINGSTEEN OMEN.  Random Roving (via WallStSheet) gets credit for spotting it first:  Over the years, Robert Prechter of Elliott Wave International has made some great comparisons between mass social mood, financial markets, and the mood of music and movies. ... - Money Game at Business Insider 

slide show - Goldman Sachs Turns Even More Bearish, Sees Bigger Risk Of Worst-Case Scenario - Gregory White - Goldman Sachs has been turning more bearish throughout 2010, and now is more pessimistic than ever (via Zero Hedge).  The bank now sees a 25% probability of its worst-case scenario, which means GDP growth of less than 2.5% for 2010.  - Money Game at Business Insider 

------------

Troubling Trades Found Ahead of Flash Crash - Graham Bowley, a DealBook colleague, reports:  The Chicago data firm that first identified strange patterns — dubbed “crop circles” — in stock market data around the flash crash on May 6 has put together a new analysis that it says backs the theory that one or more trading firms was intentionally trying to flood exchanges with orders. - NYT Dealbook

------------

(sign of the times) D.E. Shaw Said to Cut 10% of Workforce as Investors Pull Out - By Katherine Burton and Saijel Kishan - D.E. Shaw & Co., the New York-based hedge-fund firm that lost investors after limiting withdrawals in 2008, fired about 150 employees, two people familiar with the cuts said yesterday.  The dismissals represent about 10 percent of the workforce, according to the people, who asked not to be identified because the information hasn’t been made public. - Bloomberg BusinessWeek
------------

(Silver) Think Gold Is Making A Move? Here's The Metal That's Really On Fire - Gregory White - Clusterstock at Business Insider 

------------

    +  

0.375% YIELD? NO PROBLEM…. - Cullen Roche - Just a 0.375% yield on the 2 year note?  No problem.  Treasury continues to see record demand at bond auctions despite record low yields.  The non-existence of inflation concerns and government default has buyers banging down the doors at Treasury.  Today’s bid to cover ratio of 3.78 is the highest in several years. - Pragmatic Capitalism

Japan Called "Next Global Time Bomb" Even As 10-Year (JGB) Yield Falls To 0.97% - Joe Weisenthal - ... Currently, the ratio of retirees to working-age Japanese is 35.5%. In just 10 years time, retirees will make up 48%. In a society notorious for luxurious pension packages, going from a 3-to-1 to almost a 2-to-1 ratio in contributors-to-retirees in a matter of just a decade is frightening to say the least. And it doesn't get any better: By 2050, the ratio of retirees to working-age population will reach 76.4%, according to projections from Japan's Ministry of Health, Labour and Welfare. - Money Game at Business Insider 
------------

(rally or selloff?) Tepper vs. Rosenberg: Are They Both Right? - Clayton Reeves - Seeking Alpha