Or maybe I had it before I started investing in them. That would explain a lot.
Ding-Ding-Ding-a-ling–They DO ring a bell at tops sometimes….watch TSLA
As I write TSLA is that bell…today is setting the top of the 10 yr bull mkt…
[seriously folks…take my wife….er….uh…actually the mkt is rallying cause of Iowa…the mkt is sensing a republican landslide, sweeping the house AND senate]
R640
They’ve got the Bonds, all of ’em keying off the SM.
Best comment I have seen, all the CB liquidity in the world, won’t stop anyone getting ill……we need more time to see what this Virus does….Macau closing for 2 weeks is serious, they don’t give a damn about punters or workers…
Morning Captain
Well, we sure see the shorts getting blown up in TSLA and the FANGS and I guess in the SM in general.
Too bad we don’t see them getting blown up in the futures market for gold and silver.
But I digress…
TSLA is being sold a bit out of the gates. One of these moves will eventually be a blow off top.
Looks like the same puppet-master orchestrating and controlling all world markets.
I’ll just stick with an intelligent diversification of assets, and my faith in Silverngold!
Maddog–thanks for the info–I agree about TSLA-it is definitely a “sign of the end”…not the beginning…The 30 yr bond is down big time-it’ll
take guts to sell this mkt today…and I’m dumb enuff to try…but those bonds….make me noivus!
Richard640
There’s some who think that China is the buyer, maybe the scum think they are distracted….
or more likely it is scum games, to try and make buying it too scary…like who wants to lose $ 20/oz just after u buy …..the only reason we are not in total financial panic is the scum …the SM is long to hell , and then this Virus hits ….just look at TSLA, which is utter madness with the news…
This is a M-O-A-S-O
which is the opposite of the M-O-A-B-O’s
Jeesh! This attack on gold is pretty intense…could it be related to the Friday jobs report?
If not then it must have something to do with traders regaining their extreme confidence…It’s no secret that China has been flooding their mkts and economy with money to counter the virus damage…
silverngold—LOL–I love it-!!
and I shoulda bought 100,000 shares of Priccline in 2000 for $2 a share…it went to $2400…who knew? O, no, I was too smart…no paper assets for me…just gold in hand…keep on stackin…etc etc
silverngold @ 7:54
You may think me a stick in the mud or a no fun person but if we want to keep the Oasis a going concern into the future it’s probably best if we don’t make death threats or advocate violence to our political opponents.
every fast money hedge fund manager is a virus expert loaded to the gills with bearish bets
THIS AIN’T EVEN CLOSE TO 1999 YET
Be careful with comparisons to DotCom bubble
I will admit it, I was cautious for the better part of January. Although I understood the whole “Fed is on hold and will let the economy run hot” argument, I felt sentiment was stretched and we would experience a correction to cleanse out the exuberance (I will leave it to you to decide if it was irrational).
My stance seemed wise when the Iraq situation developed, and although I was wrong for the reason of the stock market decline, the market sold off nonetheless.
However, that decline was quickly extinguished with the lessening of tensions between America and Iran. Next thing I knew, we were once again screaming higher.
“All right, last gasp due to new-year-money being put to work”, I thought to myself.
Once again, I leaned into the rise – mostly through buying equity volatility as they pushed VIX lower. I was looking for a repeat of the 2018 XIV volamegeddon when the quick rise in equity index volatility caused a self-reinforcing negative feedback loop. Although I would never wished for a flu pandemic to skate my position onside, I felt the market was looking for a reason to sell off and it was simply a question about the trigger. Once the VIX starting rising, the vanna selling would cascade on itself and we would enter a risk-off environment.
Well, I was wrong.
Chaos in Iowa … are the results being fiddled with?
Controversy Erupts After Buttigieg Declares Victory; Sanders Challenges As Mayor Pete’s Links To App Company Emerge
Buygold @ 7:44
Nope…just the stupid speculators getting what they deserve.
Like I said…they can drop a nuke and it won’t matter with all the shorts in the market now.
The only question is how long it takes to squeeze the dumb bastards out.
Cheers
Something get fixed overnight?
SM on fire! Yikes!
TSLA up another $100 to $880 on its’ way to $1K
Demonrats hair on fire in Iowa
Just can’t take all this winning! 🙂