The buying pressure is building, slowly & steadily at first, but will soon gain momentum as the herd realizes what is happening.
German bunds paying barely 0%? Tulips. 30 year USTs at 2.5%? Tulips. We will be reading about this in the distant future. How people were content with near zero rates on fiat currency paper. The real tulipomania.
I think silver is being accumulated, quietly, in a steady way by those who own the assets. It is being done quietly to avoid a stampede into the silver metal. When "they" have accumulated their desired positions, it will be revealed, and silver will have a series of 10-20% up days.
Then we'll see what the 30% drop in the Euro vs. the $ has done for SP500 earnings--won't be pretty.
The real drop. UVXY to $40?
Last time there was so much gloom I made a ton on call options.
Here we go. Massive volume!
Sentiment: Strong Buy
Expect CWCO to get two or 3 of them. Only so many can do them. New desal plant in Carlsbad, will supply almost 10% of San Diego. Built by Poseidon. CWCO building one in nearby Baja. New plants are being discussed for Orange County, L.A. County, Ventura, San Luis Obispo, even SF bay area. If CWCO gets just one, could be a triple in the stock. I bought some today. may 12.50 calls look very cheap. No end in sight for this horrible drought,
UA does look pretty juicy for a correction into low $70s at least--agree on this one.
Why are you so confident about CLF--isn't China demand slowing?
A portentious market top.
Why is it the super wealthy trust fund kids always say $10 an hour is too generous for a MCD worker?