they cant print anymore, or else rates will shoot much, much higher. all the debt piled onto corp balance sheets so companies can buy back stock will have to get refinanced at 2x-3x their current rates. and, imagine what higher rates does to housing......
if they dont print, stocks will crumble.
yes buzz, we all know. those in charge....blah, blah, blah......fed will print more, blah, blah, blah......
buy gold at 1800. and lose 33% was a genius move......only if you live in dez's world where big losses are a sign of being smarter than the rest.
hows that RIG working out for you? you're so smart to have bought at $40 when i said it was going to 34 and then 28.....
yep, you are smarter than i.
remember what i said after 28? all the way to 14. i called it to the penny every step of the way. same for gold, silver and oil.
time to make up some more positions for larry since larry's "portfolio" is getting blasted. didnt larry buy AAPL at $70 or CMG at $480 or something.....
afterall. the 1 guy buzz has touted over the years now has a "portfolio" down over 30%.
and, this is with stocks making even higher bubble highs daily, only about 130% over any rational fair value.
and there it is. as i said, expect lower dividends. lower revenue and crashing margins. 1 driller confirmed this:
"Seadrill reported third-quarter earnings that missed analyst estimates Wednesday. The Norwegian oil service company has suspended dividend payments as offshore drilling has plunged."
(and this is will oil still ridiculously high at $75. what happens at $60....and then $50 oil?)
gdxj is under 30. you were buying in the 40's.
glad you were able to only lose 30% before making 15% on the bounce.....
face it. i am smarter than you. i make better calls than you. and, to tell you the truth, since you have about 1000 different positions in your paper trading account, its quite comical for you to call anyone out. my trading account has a few positions in it. some are up and one is down. its not like im quadrupling down on my 45th position every 3rd day......
does anyone even attempt to track this loser's positions? if you do, you really need to get a life. the only person lame enough to do that is dez himself.....quite ironic, eh???
look at the weekly and monthly charts. same set up i saw for oil, gold and silver in the last 18 months. finally coming to fruition on copper. short term target is $2.50 and then under $2.
china and australia go bust when this happens.
how is everyone enjoying their drillers and their miners? i cant imagine your pain.
well, pm king/oil barron has spoken. feel free to trade opposite my calls. ask dez (if he hasnt killed himself) how that has worked out for him.
markets stuck going nowhere for a few days. its about time another central bank reiterates their plans to destroy their currency to boost the wealth of their country's top .1%ers......
i mean boost "the economy".
wait.....ECB, BOJ and PBOC have already done so in the last week.
does that mean its time for the fat cow to push away from the buffet table to tell everyone she can drop her bib at a moment's notice and whip out her....
glad i sold at $50.
a bit painful as some of my gains are gone. but, its not like i bought gold at $1800 and need other people to lose money to feel good about my pathetic life.
afterall, if the top .1% arent able to buy 28 new luxury (european made) cars and yachts every year, how can we possibly grow the "economy"?
and besides, this bubble is different from the other 2. its 33% bigger, based on an economy and "earnings" that are 10% higher than the prior highs.......
lol. thats funny. buzz has money to invest????
he's here to simply annoy and patronize the winners and stroke the losers.
buy gold at $1800.
make up profitable (BAC) positions for larry....that larry never mentioned.
try to make everyone else's existence as miserable as his.
buzz, its not our fault your mommy and grandpappy got together one night and conceived you.....let it go, man. just let it go.
follow the life of larry. when you are proven to be as stupid as a monkey, just get wasted from the time you wake up until you pass out.
buzz is just mad at the world. he bought gold at $1800 when bernanke announced qe3. and now he hates anyone that is profitable in their trades.
and is favorable to anyone that is as big a loser as he.
"The hoping for bears is delayed til January."
since walker finally got long at 2050, he's praying he's right.
posting nonsense to support your positions is laughable.
bears: feel free to short with everything you've got.
added bonus: today is opex and next opex is 5 long weeks away.
and obama would just issue an executive order to arrest everyone in congress that votes for impeachment.
all hail our "elected" (hand chosen by the bankers) puppet.....i mean dictator.
"anyone who's been here for any length of time knows my track record vrs yours"
if they are honest, they know i've made a killing while you lose money. i mean, it takes 100% pure stupidity to be a bull during the biggest bubble market in history and still find a way to lose money.
and now that everyone knows your F is down, and not up as you proclaimed for years, you are a liar. maybe you should stop drunk posting???? it helps to actually remember when you "purchased" a position and post about it.
i dont know whats funnier:
you pretending to have a clue because you read and regurgitated a stat
or larry pretending to make money
i think we need to print more money. duh. bankers have gone 24 days without new money for gambling.
imagine a crack addict (buzz's mom) going 24 days without a fix.....
they get all shaky and irritated and lash out.
i guess whats really funny here....
the bulls need the fed to print. the fed needs a decent sized downturn in stocks (i mean the economy) to turn the printers back on. so, as long as the bulls keep inflating the bubble, the longer they wait for the fat cow to tell everyone how she can save the world by printing more money.
and the longer it goes, the more pain on the other side.
24 full days since the fed printed money. US is importing deflation from Japan. the "markets" are trying to expand the bubble just a little more....just a little longer.
the last time the fed stopped printing in 2011, stocks were able to maintain those bubble highs for 21 days. so, the current clock is rapidly approaching zero. and, within 3 weeks of that bubble popping, stocks dropped 20%.