Looks like this dollar slump could continue for a bit--maybe 10% vs. the euro? If so, gold should rally in dollar terms at least 10%.
Right you are...how dry I am.
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,
A portentious market top.
What about all the "death cross" charts showing up? Looks like a terminal "nifty fifty" market top.
This will start the decline in earnest.
Could be 400.
Do you have any short positions or puts skiidady?
2. 20 QQQ May 100 puts, bought for $112 each, total $2224
Why are you so confident about CLF--isn't China demand slowing?
OK, I'll play:
1. 15 SPY May 200 puts: cost $2.65 ($265) x 15, $3975
As long as the contango trade is profitable, new storage capacity will be developed. Buy the oil today & sell it for future delivery at a higher price. The extremely low int. rates still make this trade attractive. New storage will be built as long as the contango trade yields fat profits. Has the strategic petroleum reserve been filled yet?
Sybil, start being kind to people. It will pay off in less stress.