Meanwhile, institutions are liquidating all risk assets. 30-year mortgage rates reached all-time lows on Friday. The USD Index shot past the 50-day and 200-day MA like it was nothing. The EPA threatening to enforce the Clean Water Act on any mine is practically a death sentence.
Besides me, the bigger fool is probably Cynthia Carroll who will likely lose her job over this disaster.
Plus, get this, 2,800 media outlets ran the EPA story in the last 48 hours. I think I'm going to vomit.
susan, what did you expect the epa to say? that everything will be ok? here is some unasked for advice, dont invest in mining companies if youre afraid of the epa and their conclusions. pebble will eventually receive approval.