a comparison chart shows that JJC appears to be the best of the 3 I researched (declined the least)
CU is next & COPX the beetlebomb in the group
They have sat out the commodity sock hop in play but have not exited the dance floor. The July lo's have held so far & in the past 8 months they have established a well-defined trading range on a weekly HLC chart
Anyone Long? interested?
& claiming IF COPPER (CU) breaks $2.95 it will PLUMMET & take the S&P with it!
in spite of being sleep-deprived, I stumbled to my StockChart screen to see for myself the 'potential' HAVOC
such an event would wreak on equities
a $COPPER:$SPX chart showed that the ratio PEAKED in Aug 2011 @ #36 and experienced a Niagra-like waterfall decline to its present level of #16 this month. Not much higher than its #2008 Lo @ 14.5 I might add.
The excercise made me wake up and eager to rush to my nearest broker & BUY COPPER but safety on the CRIMEX is a real oxcymoron?
Do these guys do any research?
the S&P is due for a stumble all on its own & the pretext may be a copper roof(?) oops floor (?)
my minds a muddle, besides my guardian just entered the room with a sleeping pill
The US dollar is becoming more and more WORTHLESS, so don't be surprised if it is toppled in your lifetime.
They could replace a single World Reserve currency with a short list of currencies....Yuan, Euro, Ruble and Dollar....... who knows?
The dollar will plunge in value if that happens and if the dollar plunges in that way you can expect a slow resurgence in US manufacturing.
Hell, we won't be able to AFFORD anything made in other countries. We'll have to buy US-made stuff.
What would our markets and financial system do with no QE for two months?? And you have to realize that this is a start........ China has over 1.5 Trillion that could dump, and they are Russia's biggest alliance.
what is it, 2 1/2 month supply? a threat on a FED that is all deep pockets?
UNLESS he gets converts to join him & the converts react more from fear of the unknown rather than the reality
can anyone really topple the reserve status of the $USD$? replace it with what? a Gold Standard?
will I ever get sound sleep again?
at 75 , R.I.P. is more than transitory
War with Russia over the Ukraine is ludicrous
firing words vs bullets only plays into the hands of the Banksters who armed with the inside story buy the weakness & peddle the profits when the pre-arranged agreement is made public it beats working for a living
that the resurgence of real assets is not fueled solely by the threat of war, a transitory straw man
but grounded in a sober rebalancing of asset mix
profittaking? of course but real hopefully
AU has been so reduced in state over the past 30 months that merely reverting back to some mean could keep the change alive without war mongering
AU has a lb of sound commodity underpinning with a pinch of safe harbor
"can every country devalue @ the same time?"
"Has it ever happened before?" (1930's?)
"do currency wars impact AU?"..Commodities?"
where does all the excess liquidity seek safety ?
granted the FED/CB's have had their cake and eaten it too by feeding banks' balance sheets favoring certain asset classes like Equities & Housing thereby short circuiting any the flow into Real Assets, but has the fat lady entered the stage in a gala 2014 performance of "death of Dis- Deflation"?
If anyone runs across timely articles please refer them to us
p.s. my hunch is AU & Commodities will be main characters in the Opera going forwrd
I wouldn't say we don't always see eye to eye. I think we just lash out at each other in good fun. Never any hard feelings here. I want to make money and that's what matters most. And yes, no one here in america has any common sense and it's very aggravating when you try and explain things to them, to make them understand why...... they blow you off because everything you say is the contrary from what the tv says or their college professors. I'm like, "why do you think the college institution focuses so heavily on trying to inculcate their political views so much?" And the media as well. Everything we're told and taught is an absolute lie. It just amazes me at how many people fail to see or care.
I swear this post from earlier is not me. I swear.
LMFAO. Now that is TOO funny.
Gap up comming and we could see $100 dollar day per ounce in gold price increases soon. Good to be on the long side. Golden cross made and we are in inning 1 of a gold rally. Strap in and ride the wave. Gold is money and always will be. Goldcorp, Yamana gold are great buys. Gifts for longs. GLTA and god bless.
I must admit, you & I don't see eye to on much of anything but I do applaud you for your common sense post. The problem is that people would rather have other people do the thinking for them and just follow the masses and conform, even if it makes no sense to those in the know. When the tide turns, and I feel it is definitely turning, those people will then change their tune and follow the masses once more but won't know or understand why they are following the masses. Many years ago a wise man once told me that it's one thing to tell someone something is wrong but it's a completely different beast to tell someone something is wrong and make them understand why it's wrong.
Unbelievable!!! Somebody FINALLY posts something that makes sense!!!!