I guess we could see something at 2:30EST on this issue. If BEN comes out with the same ole, I will now one of two things. (1) We are unable to raise interest rates (2) Its a fixed market....PERIOD!!! No more wondering if it is....IT WILL BE KNOWN DEPENDING OF WHAT IS SAID!!!
Are the ETN and ETF's a big FRAUD?...Who knows? Look at how they trade? VIXY, VXX, TVIX, SPXU, and many others message board are now gone. WHY? because the talk was nothing, but the irregular way these funds trade and when the market did start to drop due to the volatility all they seem to do is adjust the VIX numbers so long can continue to make $$$. Do shorts even have a chance to make anything?
J...Hope you did not put to much into this company. It's fundamentals are not that bad. At least what we know of. You have a company that has 2 working mines and no debt, and still be one of the worst performing mines. IM must know something we do not. IM ownership is dropping and past gung-yo-ers are gone. By the way they are called "Shorts" and they are everywhere, especially in this business. Good Luck!!!
The paper manipulation will end soon. Ultimately the only real asset worth anything is a hard asset. If the Gold standard falls nations will fall. Paper is just that… paper. It will be needed to stay warm or cool whichever way you want to look at it. Paper is a worthless in value transfer mechanism; Gold is a previous metal with many industrialized applications.
Since Schwab just gave PKD a "A" rating and its been in a nose dive since...I pick the below 4 scenario...
Boy or Boy...!!! GS or CS...Which one is worse? Every time my stocks are rated an "A" rating from Schwab they drop like a rock. Makes you wonder??? It is so fricken obvious!!!