I hope you are right. Worth pointing out that the US is a trading partner with those countries where as gold is metal.
I am uncomfortable about central banks loading up on gold. That just seems irresponsible at these prices and will fuck their balance sheets when...
Higher margin requirement means sharper downward carnage in gold. More hair trigger than it would have been. People will get forced out faster...
Yea And that will lead to a crash in gold on the way.
I actually started buying 105 and 120 strike puts, January 2013 on GLD. If gold goes up more I will buy more puts at higher strikes. This is...
Rhodium is also a critical component of our food supply. Rhodium and platinum are used as a catalyst in the production of fertilizer....
And AAPL > XOM Strange times.
And I just got fucked. That order I was complaining about was a married put on SXL. I decided instead of waiting forever on the spread getting...
I am even placing orders outside the bid/ask and still not hitting. Just keep moving away. Very tiring.
I got stopped out of SSO at 37.25. Watching it tank from here. Bought today at 38 and kept lowering my stop ahead of the fed expecting some...
Talk is cheap.
Which bounce? The short cover bounce that tricks idiots into the market only to be slaughtered that night? Or the bounce where we go up until...
http://www.bloomberg.com/markets/stocks/futures/ Showing DJIA down 300 now tonight. That would be over 900 points today.... Tomorrow is...
All we need is more liquidations tomorrow to trigger a spiral. Only thing that can stop it is ben. I hope he doesn't.
I like the part where you say you learned from 2008. I have some friends who disagreed with me that we were due for the drop when I sold at the...
Good play book.
Thats what I keep telling my amateur friends who want to participate. They need let a bottom form. You don't have to pick the bottom exactly...
http://finance.yahoo.com/banking-budgeting/article/113279/fear-gauge-near-flash-crash-level-wsj Let this work its way out of the system:...
Agree. I have been in cash since the end of April. I would like to at least get under 1100. I may start light buying then. Under 1000 I...
If this ends up being a full blown correction, I am looking for S&P500 to land on firm ground between 900 and 1000. In that range I will probably...
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