Super rich on average have only 0.55% of holdings in silver & gold. Silver especially is underowned, and the G/S ratio indicates silver is cheap. Silver could fly upwards, especially if market vol. continues.
Sentiment: Strong Buy
Not overbought when you consider it is 70% down from the highs. This baby could run into the mid $20s.
What happens to people that couldn't trade? Sure happy I didn't have FCXP acct!
Oh the pain for those with gains.
Near zero (or neg.) rates make the mattress & cash & gold & silver as hedges more attractive. What fool will pay a bank to hold money, which is what negative rates mean.
My guess will be margin req. will be raised--from maybe 50:1 to maybe 10:1. This will be what reduces trading opps.
Not if they welsh on the bets, they won't. Oh wait, there was MF Global. You may be right!
Lucky only if he or she can collect--will FXCM reopen before the options expire?
Historic opportunity to refinance short term debt with long term bonds. Just like a homeowner with a mortgage refinances when long term rates are historically low. James Cramer said the U.S. government should refinance, lock in low yields. I agree.
"they had the best kids working there". The reason In N Out burgers, Panda etc. have good staff is that they pay somewhat more. Pay the staff a bit more & get more productive staff! Simple.
Maybe the Germans will decide that they don't want Draghi to do QE. Will the euro break down? Will the Europeans sell U.S. assets? Were hedge funds caught with their pants down? Stay tuned.