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Zynga, Inc. Message Board

  • odonnellm66 odonnellm66 Jan 19, 2013 11:57 AM Flag

    Silver surged against all currencies this week--4.5% in dollar terms.

    What did ZNGA do?
    Currency wars are the major market theme for 2013. Who can devalue the fastest? Right now, Japan wants to be in the driver's seat. I'm sure twenty years of deflation can be cured with the printing presses in overdrive. Ooops, interest rates on the rise. How does Nippon service that pile of debt? Remember Eric Burdon's song lyrics, "There's got to be a way out of this place."

    95% of all traders ignore or cannot see systemic market risk. 95% of all traders are unable to anticipate a crisis. In the subprime meltdown, the highly paid analysts shrugged it off and said, "No one could have possibly known this would happen." As events unfold, ZNGA will be viewed as a worthless company outside of its dwindling cash reserves. Silly games don't work in serious times.

    Silver will trend higher slow and steady to a minimum of $40-. I like that kind of boring action in a chart.

    Sentiment: Strong Sell

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ZNGA
3.08-0.07(-2.22%)Sep 18 4:00 PMEDT

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