things will start to get hot.
+
How do ya like that Pan Am800 story?
so Larry says Barry fired Benny.
So Benny says we are leaving you in a better place than you have been, unless of course, it doesn't pan out.
Then, it's more of the same.\
Oh and tapering means just trimming. Doesn't mean cutting.
That's what I tell my barber......trim please.
Every time I read YDM's posts, my brain gets saturated with soooo much information I forget I have to pee.
Cancha keep it simple?
I say it's all about the price of Veal Chops. Everything else is just a charade.
Chem,
sometimes these jokers has little #$%$ s, and are whipped at home or on the job and feel the need to lash out at anything that ,moves.
Keep up the intelligent posts. They add to the fray.
I guess this is your first year trading, because if you look at the chart,
and just go back to last year, see June 21 2012 to Sept 21 2012?
Or are you just dumb?
You can't be further from the truth here. I f you wish to wager, go short.
Personally, I have far more wagered on the long side, far more.
The social unrest in Turkey, Greece, Spain are just the tip of the iceberg.
The Mid East situation is grave.
The so called Arab Spring,or Arab uprising,is steadily growing.
Printing presses throughout the world are continuing at fever pitch and the currency race to the bottom hasn't reached fever pitch yet.
0 growth along side 3% inflation is atagflation.
You are soooo wrong it's unbelievable.
And I will add, already got stopped out. Took it on the chin.
Silver contracts, which we often talk about.
LAy off the cialis, and don't get a hard on so quickly.
We'll see how this one works out. Or of I get stomped on.
Stops in place at $21.88, which could cost me a lot.
Limon,
The new and improved yehaw msg board no longer allows links. But you can copy and paste text.
But we are looking at the dxy.
As we go forward, ANY hints of inflation, however small are key elements of the play in PMs.
Remember, stagflation need not be 6 or 8% inflation against 0 GDP.
We know inflation is a far cry from what they report. When the menu excludes VEAL CHOPS and the new prime steak is Hangar Steak, that's inflation.
When your toilet paper is 3mm narrower, that's inflation.
When your dental floss packages include 4.3 yds instead of 4.6 that's inflation.
And when 20people are still employed, but they are furloughed to 33 hours per week, what's that?
There's some new kind of hurt getting spread around.
IMO, Gold and it'slittle bro will drive higher over the course of the next year!
GLTA
Bad is good is waning along with Benny's strength.
His stiff,but shaking upper lip no longer lifts the markets, and he ain't shooting botox. The metal's markets are looking for something else.
What we need is some inflation. Just a bit more than a bitcoin's worth.'Cept,we have it already but most won't fess up.
Chem,
I have never been more certain of the longer term (1-2 years) trend.
The hourly and daily are not my thing.
We have entered a period of stagflation, meaning inflation exceeds growth.
Thjs time, we are running up against very powerful forces telling us something else.
But given REAL unemployment factored in to real growth, we are limping along at GDP of 2% at best.
Measured against inflation, real inflation which is closer to 3%, and albeit a seemingly small ratio, it's stagflation. But this stagflation at these low numbers is actually making 95% of the country go backwards. And Gold as well as silver will drive upwards as inflation takes hold.
It's the biggest secret the Gov doesn't want to publicize.
Just my op.
While hiding under a huge sun visor,I say "Of course. I agree" But I don'twant anyone to hear us. So SHHH. Let's keep a lid on it.
But GL T you.
I call a spade a spade. Nice call.
With this "mini" run that pushed AU out of the $1385 doldrums and AG out of the $22.68 top, are we experiencing a run or is this merely another fake blip to sucker us poor sheep?
I dare not mess with Murphy and prognosticate a run. I'd rather stay mum, plant my tomatoes and basil and hope for the best, rather than try to sound smart. After all, the more I learn, the dumber I feel.
May the herbivores munch on the kale. Leave my source of lycopenes alone.
GLTA
He's bullish, but if it doesn't do that well, he can clarify what was said, but if it gets there, he can take credit :)
Actually, the main thrust of his interview was folks are grossly underfunded for retirement. He believes it should be mandatory to put away a percentage of funds towards saving and with Bonds yielding 1% or so, no one should be buying long bonds.
Fact is, he is in control of the largest amount of money among all his peers. I believe over 3 TRILLION bucks.
If he was so bullish, he would have moved the markets today.
He didn't because he wasn't.
IMO, regarding the silver market, and more particularly gold, the prices are mostly a function of the weakness (or strength) of the dollar. And the trend of the currencies.
Interest rates play a smaller role.
And equities less a role, because remember this;
Right now we have a complete disconnect.
The stock markets in the US are at all time highs and may likely go much higher.
BUT, is the economy as good as ever?
If they were connected, we might argue the relationship of Gold/Silver to a healthy economy, but we are FAR away from a healthy economy.
Just my Op.
McGee,
It never ceases to amaze me how the media will spin, bend, mis-quote and take things out of context;
Larry Fink was expressing how over the past 3 years equities EPS grew 12 times EPS to 15 times EPS.
He then said he was long 3 years ago when equities were "cheap". 12 times was cheap.
He then said they are now at or near Fair MArket Value, but, given the Fed's policy which HE believes will continue and although the economy is sluggish, it will creep along and grow,so he would still buy equities, given long bonds are guaranteed to be a loser for anyone looking on the long end of the curve.
He said,IF Corporate earnings keep pace with recent growth, why buy bonds.
Joe Kiernan then said, well then at 8% growth over 5 years we're talkin a DOW at 28,000, right?
Fink responded "Sounds good eh"
Trust me, Larry Fink's comments are being distorted.
I may be all wet, but your question may not have been phrased properly.
I think you want to know what the max pain is for today's "options" expiry. Not necessarily "calls".
There is higher volume in the May puts, so max pain may actually be $23.01......if I understand your question.
Correct Dale. Tinker Bell is actually trying to drum up support for his stock on a message board.