Loading ...I was so tired of finding dross and flotsam in my stocking!
Buygold
Exactly — we better back up the truck no?
But because we’re such greedy bastards and master market timers, we won’t actually buy any silver bullion or anything as unsophisticated as that.
F no…we’ll buy the SLV calls. Heck there’s only about 1.2 million contracts out now with an open interest put / call ratio of .3 (three times calls against puts)…and you know what they say…the fact there are more call buyers… this means big and smart investors (hedge funds, etc) must know something…it doesn’t mean they are morons for losing big money over the past seven years under the same sentiment conditions.
Yup…back up the truck…load the boat with them SLV calls…it’s a sure thing.
Chuckle
Bob Moriarty: I Think This Is The Big One
“Bob Moriarty: Yes, that’s true. However, when every stock in a sector is down 50%+ it’s not due to the individual stock stories, it’s due to the sector being out of favor and investors simply selling mindlessly. When you look at how well gold & silver stocks have held relative to everything else in 2018 it’s telling me that we are going to have an absolutely brilliant 2019 in the junior mining sector. Moreover, there are still so many cheap stocks out there even though we have been seeing M&A accelerate across the mining sector and gold/silver have entered uptrends and look like they’re about to blast off!”
Damn treefrog! Beat me to it!
Silver just caught some serious popitude!
Been a very long time for us my friend
Think about it, we’re excited about $15 when we were at $50 7 years ago
Fortunes will be made and lost in 2019 – JMHO
silver !!!
fifteen dollars !!! it’s been a while !!!
Afraid I might have to open this today
Just in case…
asia metals markets…
the pot is coming to a simmer this evening. perhaps by morning prices will be at a full boil.
MM3
Ha, the only border I trust less than my own is yours. Well, I might trust yours a little more.?
RNO – Merry Christmas to you as well
The only thing I want to know is if we have made the right choice with pm’s and the shares.
I agree with your take on pretty much everything.
Things are moving at lightning speed now, I’m thinking about getting out of the country, Just not sure how to get pm’s out with me…
Merry Christmas fellow tenters.
The moment of truth in the stock market and the national and world economy will soon be upon us. The tax selling season is now over but the tradional Santa Claus rally didn’t come this year.
Contra seasonal moves many times indicate a change in long term trends. The democrats talk a good talk but never seem to walk the walk. My crystal ball tells me they will bottleneck the process in Washington DC and blame Trump every step of the way when things go wrong.
2019 may be the year we have all been waiting for. Stagflation, deflation, whatever is coming soon. Sales tax receipts in Oklahoma have been falling for the last four months in the middle of an oil boom. Upper end houses don’t even get lookers.
$70.bbl is the break even for oil companies. At $46.00bbl, leases stop. Acquired leases are drilled and produced and then they wait. Everyone in exploration is laid off until price recovery. Then the spiral begins. Formerly high paid workers are now jobless and houses and auto are foreclosed. Divorce rate triples. Another oil bust in the patch.
Attempts to inflate the debt away has failed to this point. We are at 2008 again. National, corporate, and individual debt has saturated the world with debt that can’t be serviced. Will we get another band aid? Will the Democrats back Trump into a corner and his response be to curtail the money supply? Ever increasing amounts of money are necessary just to stay afloat.
Beware the coming year my friends. Remember, more wealth is garnered at the bottom than at the top.
rno
Merry Christmas Everyone
To a Happy and Healthy Holiday Season and a Prosperous New Year
Winedoc
Santa comes tonight
May he leave you something shiny and bright!
Merry Christmas tenters
and merry christmas to farmboy too wherever he may be fishing today.
Maya
You don’t know how happy I am to hear that! 🙂
