Loading ...10 Very Strange Things That Have Happened In Just The Past Few Weeks
http://www.zerohedge.com/news/2015-07-09/10-very-strange-things-have-happened-just-past-few-weeks
Floridagold @ 20:42
Thank Goodness! Now maybe that double boot on our neck will ease off.
I don’t really know but it’s likely the cretins have a big load of short positions now plus they have lured the hedgies into being short too … a perfect time for a rally. Or is it ravings?
treefrog
Mny, mny tks I will.
Contrarians say China could have a 29% rally
CHAPEL HILL, N.C. (MarketWatch) — Rarely are investors served up as ideal a buying opportunity as currently provided by the Chinese stock market.
That’s because the Shanghai Composite Index SHCOMP, +5.76% has fallen so much in such a short period of time: 32.1% since June 12, or 17 trading sessions. That means a prospective rally becomes an attractive contrarian bet. And even though a rebound might be only a dead-cat bounce, it still could be substantial.
Maybe you’re not comfortable buying into a market that seems destined to fall even further. Whoever said it’s easy to buy when blood is running in the streets, as that famous contrarian Nathan Rothschild once said?
Wanna make real money?
Time to buy stocks with both hands-just put your money into one of the fidelity stock index funds-and just sit back
and watch it grow—all the fuss over greece and debt!! what a joke!! u.s stocks were down what? 5%-6%?? way too many calls for the end of the world
U.S. stock futures and euro futures are up big—the crisis is over! Forget PMs-just get your fidelity funds in the morning.
we’ve seen this movie for the past 7 years-why should this time be any different?-faith in central bankers is solid…too bad Zero Hedge…better luck next time…
Moggy @ 16:18
… and hang proudly too!
Wanka
Here’s to the pc crowd:
Wanka
That’s a great looking flag but I’m kind of partial to the battle flag standing alone…it makes such a statement, lol.
Ipso @ 10:41…Flags
This one will hang from my deck as soon as it arrives:
Talk on Bloomberg radio today-these are the “summer squalls” say the “Titans” of Wall St, like Leon Cooperman
the “macro” in the U.S> is in great shape-they are praying for a 10% correction–their buy lists are ready…
Incredibly, they may be right–it’s worked for the past 7 yrs–we’ve seen the blackest gloom just end and overnight U.S. stocks are the most bullish vehicle in the world–they are a pouring of diamonds and rubies…Nay!! Better even! And the blind panic to buy….quickly recoups all the losses….
USLV up nicely-ditto SLV–but “bullish divergences” are meaningless in the PM mkt
VelocityShares 3x Long Silver ETN (USLV)
15.29 Up 96 ( +6.70%) 3:59PM EDT
SLW is down
maddog
suggest to your mate that he cook it up as cookies or fudge. the effect is more long-lasting when eaten as opposed to smoked.
R640
Re Big Pharma
A mate has hurt his back skiing and is now in near constant pain, he is an ex dentist so is well aware of most pain killers, he has yet to find one that does the job…..so tried marijuana, that gives him upto 2 hrs relief…not enough to sleep, but at least he gets some relief.
Big Pharma have a lot to answer for.
Re Silver calls…it may not be buyers, it could the shorts pileing on via options and no doubt not bothering to delta hedge anything.
R640
“must be read slowly in a clear voice after each commercial”
I’m sure glad of that. That always cracks me up. The side effects from these drugs are often worse than the underlying condition.
On FOX news just now==Fish oil the new snake oil?
They’ve been running this anti-fish oil campaign for a few months already—it’s not enough they want to force their drugs and vaccines on the population, they also want to take away anything that would give someone autonomy over their own health-they’ve been trying to get vitamins and other supplements available by prescription only—cause they’re dangerous—never mind the horrific side effects of the big pharma drugs—like death-stroke heart attack and cancer etc etc—-side effects that -by law—must be read slowly in a clear voice after each commercial
i figured maybe the HUI would be up
I just checked-it it gapped open 2 points then did a nose dive-look at this graph-also all the big silver stocks took a dive-but slv and uslv are keeping their big gains-everything is screwy with the PM complex–nothing can be handicapped except the constant selling of every rally
UNCLE! WE GIVE UP! WE GOT THE MESSAGE!
http://finance.yahoo.com/q?s=%5EHUI
No need to say anymore….
Iron ore nose-dives, hits fresh lows of $44.6 per tonne
Iron ore prices continued their losing streak Wednesday with the steelmaking raw material dangerously approaching the $40 a tonne-mark, which would put most small and mid-size producers too close to start losing money.
The Chinese import price for 62% iron content fines at the port of Qinqdao lost $5.01 or 10.01% of its value to $44.59 a tonne, the largest percentage drop on record, data from The Metal Bulletin Iron Ore Index shows.
The situation is likely to get worse, say analysts. Brazil, the world’s second largest seaborne producer, unveiled data showing that output continues to increase.
Not easy for anyone
China’s ‘infrastructure for minerals’ deal gets reality-check in DRC
KOLWEZI, Democratic Republic of Congo – When it was signed in 2007, China’s $6-billion ‘minerals for infrastructure’ deal in Congo stirred fears among Western countries that Beijing’s hunger for resources would erode their influence and saddle the vast central African country with unmanageable debt. Eight years on, as Sicomines prepares to produce its first copper after long delays, the main lesson from the giant project is that investing in one of Africa’s most chaotic countries is a messy and frustrating business, no matter who you are. While most mining projects in Congo go years before paying significant taxes under the mining code, Sicomines was meant to have an immediate economic impact. The government says the deal has already produced at least $800-million in infrastructure investment. Chinese firms Sinohydro Corp and China Railway Group Limited are building roads and hospitals in exchange for a 68% stake in the Sicomines copper and cobalt mine, one of the largest in Africa with about 6.8-million tonnes in proven reserves. China’s state-run Exim Bank and smaller Chinese banks are stumping up $3-billion for infrastructure plus a further $3-billion to develop Sicomines, with all the loans to be repaid with mining profits. Yet production from the mine has been delayed and targets scaled back. Rather than unlocking Congo’s massive resource potential for China, the project has underscored the deterrents to investment, from crippling power shortages to asphyxiating bureaucracy and corruption, said Johanna Malm, a researcher at Roskilde University in Denmark and expert on the contract. “I think the Chinese … are very hesitant to come into Congo after everything that has happened with Sicomines – after all the fuss, the problems, all the different things they struggled with.”