She wasn't under oath, and Comey forgot to show up. The fix was already in. Obama knew in advance, or he wouldn't have endorsed sleeze-bag Hillary. He road her around on Air Force 1 before the announcement !!
"Say no more, say no more" !
I"m with you. Gold is down from 1313 to 1255, and DUST is up 2 bucks. DUST is a real pig. It moves down nicely, but trudges it's way up. DUST is a rip off !!
A rate hike would be great for DUST, I agree. But, that JULY hike is anything but a sure thing. I don't think it's gonna happen !
I agree. DUST should be way higher. DUST is a plodding, slow mover. I am just about even, and I may get out today. I have so many mixed feelings. There are deflationary forces out there and that's bad for Gold. On the other hand, if Peter Schiff and the Gold bugs are right, NUGT could go to $1000. NUGT really moves. If you get the direction right, you can make big money in NUGT. But, which way is Gold going. Maybe just back and forth for a while longer. At some point Gold has to break out, either up or down ???
And Gold is way down. BREXIT isn't going to happen, and the S&P futures for the relief rally are through the roof. I saw a relief rally coming, but I missed it. The cow has left the barn. I thought it would come in the middle of next week. But, I still have my DUST. Tomorrow may give us the opportunity to get out with a little profit, and then get back into NUGT, where the big money is (up and down). I want to get back into NUGT at about $70.
Tomorrow is another day. I'm going to hang in. DUST moves very slowly. NUGT is a better sock . It really moves ! It's all in the timing. I want out of DUST at $12, and back into NUGT at $70.
The knee jerk response would be that Gold would rally hard on the uncertainty and chaos. Maybe, but I think that rally would fizzle. When BREXIT doesn't happen, and it might not, there will be a huge stock market relief rally. I'm not sure how I'm going to play it. I'm not sure which way Gold would go, maybe nowhere.
I am going to hang tough. Here's why. Look at the yield on the 10 year bond. It's screaming deflation. QE ended years ago, yet the yield on the 10 year keeps collapsing. Inflation, nothing else, drives Gold. Deflation drives Gold down. A weakening economy is deflationary.
It is so tough to tell them apart. This is what makes this such a tough fight. Which Muslims do you keep an eye on? Muslims are responsible for 99.99 % of worldwide terror attacks.
You're probably right, but you never know. Greece was supposed to have been out by now. So was Portugal, Spain, Italy , Ireland.... It never happened. There are powerful worldwide forces that want the European Union to stay intact, and even expand.
Our schools have failed miserably at teaching basic MATH. Most Americans can't figure out my simple mathematical analysis !