The 2 and 5 year charts show it flat. That pathetic if you factor in the recent PM bull market. If history repeats itself that recently 35% jump will disappear.
If people requested delivery of there paper contracts of physical metals, GOLD and SILVER would skyrocket.
The more I see these types of trends the more I see the massive corruption in manipulating these commodities which realistically are worth far more then there DOLLAR equivalent.
80% of the PM miners are down that I can see with a strong PM market and with most calling for great earnings. If these companies can not go up in this environment, What environment will they go up in. Look at the charts...ITS PATHETIC!!!
No matter what Gold does these funds lose. 5 of 6 mining stocks I follow are down yet strength in the PM market is strong. This tells me there is a sell-off coming. Yesterday I heard that Goldcorp was going to sell some of there reserve. I hope not.
Its pathetic when a PM commodity companies are selling along a down stock market. I hope this company is not leveraging or selling there own commodity.
I tell people all the time TVIX is a piece of garbage. It doesn't mean you cannot profit from it, yet it is a very short hold. By the way, most people are long so just because the market should sell off doesn't mean it will and that you should tell people to sell. If you are having problems with indiviual stocks play the Options market. There is to much $$$ still being pumped into this market to go down fast. What you see now is IM slowly getting out. People's FA will eventually tell the ordinary folks to bail after the real selling starts. No one but the Billionaire Boys Club know exactly when that's going to happen. Good Luck!!!
Why do you care? Some people are short and most are long. That may change soon. Its the way the market works. There is no basher, they are called shorts or longs that want to buy at a cheaper price. Coming up with the word basher is immature at best.
It could, but this ETN is being accumulated. At least for now...If the Ukraine issue is resolved "YES", but if it escalates we could blow by $8 and VIX should be at 20 again. You know they have people that can check out that LOL issue.
All the small miners brag about there low cost in production, yet they go no where. How long does the PM bull market have to be before they move up. We have been at or above $1300 for a couple of years now.Examples: HL, MUX, IAG(fund),TC, and SVLC?
I believe you may be right. Almost every analyst I following thinks it will be disasterous to stop QE, yet the alternative is even worse down the road. The old "Rock in a Hard Place".
Check out CS as an analyst. There is a few stocks I have which are strong buys by 4 other analysts and CS has it a sell. To me this is a trend I am seeing. This company in my opinion has more then questionable integrity issues. Good luck everyone.