and I quote, "The nuclear nonproliferation agreement is in serious jeopardy if Russia annexes Crimea."
Oh dear! That doesn't sound good.
You still have two a couple of hours to buy some protection in the AH session. Might I suggest some TVIX?
The report will be awful, as it has been for about the last eight years.
The good news is that you will not care. They have spent the last three months telling you to expect truly catastrophic numbers, and when the numbers are only a bit catastrophic, you will of course see this as a buying opportunity. You will be rewarded as a good monkey, and the S&P will take off to new highs by Friday.
Pay no mind to the fact that gold is skyrocketing this year, and the bond market is outpacing the major stock indices over the past few months as well. This is easily explained by the fact that the lunar new year is coinciding with the Martian eclipse of Saturn's third moon. It makes perfect sense!
It has to make sense, because the guy on Bloomberg TV said so, and he wears a suit on TV.
With all due respect, the fundamentals for PM are horrible right now. All other commodities are selling off right now. Copper,oil, grains, you name it. There is clearly ZERO inflation risk right now.
That said, the Fed taper is in full swing, and I think interest rates will start to be raised early next year, as economic data improves in the US.
Look, I'll short PM on a bogus geopolitical breakout every time. History has proved me right about 100% of the time.
I'm quite aware of the price discovery of the instruments that I trade.
With regards to the US dollar, Fed printing, debt, etc, have no impact on the technical patterns.
It is massively oversold!
Bulls looking very strong in overseas Asian market. Current levels, assuming the daily candle closes around here, represent a breakout top.
Notably, silver chart is no where near as strong, and miners are not keeping pace with gold.
I'm thinking gold may well run to 1370, and I'll be adding to my position in JDST if it does.
Fundamentals for PM are very weak right now.
US dollar is massively oversold.
Two consecutive lower highs coupled with one lower low on Sunday night. At this point, it can still be considered consolidation, but any breach of 1333 at this point will convert the chart to descending triangle.
Place your bets! I doubled down on my JDST this morning.
Positive US economic data will trump geopolitical risk.
With all due respect, kill Jew (let's stop hiding behind anagrams), does anything posted on this MB nowadays have any real value?
What is the value in trying to elevate the conversation when nobody else even cares?
This MB is for entertainment purposes only.
Thank you for the civility.
The truth is that I have posted on this MB as gtucker7848 for many years now. During that time I have used only one alias, rhymin4real, as a tribute to my old partner in crime, rhyminrhymin.
On a serious note, don't take much of what I post on this board nowadays seriously. The huge majority of my posts are simply to solicit a reaction. It's really kind of sad what this MB has become.
Guilty as charged on the Crown!
If it's not too much to ask, can you take this bloated pig down below $20 this week?
I'm long JDST, and would like to book some profits soon.
Thanks for your help.
Do the people of Crimea have a right to determine their own destiny? Or should they just accept being swapped back and worth between Russia and Ukraine every fifty years?
Well over 60% of Crimean's are ethnic Russians. The Crimean peninsula has been under Russian control for many centuries. The Land was donated to Ukraine, as an economic gift to a struggling region, while both Russia and Ukraine were part of the Soviet Union. Russia retained rights under the deal, and now they are exercising them.
Autonomous regions around the world get sick and tired of the US, and frankly the western world, drawing arbitrary lines on maps and then getting offended when anyone dares to disagree.
This is flat out none of our business! If Ukraine wants to join the EU, let them. If Crimea wants to reunite with Russia, let them. It makes absolutely no difference to anyone other than the THREE parties involved.
RAND PAUL FOR PRESIDENT!!!
Not much of a thinker, are you?
The point I was making is that the existing government in Ukraine, the one that is attempting to tell the Crimean people, who are actually citizens of the AUTONOMOUS REPUBLIC OF CRIMEA (which is located in the Ukrainian borders) is not a legitimate government. The legitimate government was recently overthrown in a violent coup. Or hadn't you noticed?
Here's a prediction. If the opposition protesters are able to actually win the Ukrainian election in a couple of months, and that's a big if, they will not last more than a few months before the majority of Ukrainians are begging for the old leadership to come back. Egypt ring a bell?
Crimean"s deserve to control their own fate. PERIOD!!!
should not the Crimean people at least be able to vote their preference?
With all due respect, the Western world is starting to look very anti democratic. A coup is fine, but actual voting? We will have none of that!!!
Any claims to the contrary are laughable.
It was I who lived rent free in the great rhymins head!
It was I who defended Hitler against the slurs of debt_free!
It was I who caused a grown man to cyber-cry when I posted the true story of seducing his mother!
It was I who defeated Keevo in a battle philosophical wit!
It was I who taught this board the true biological principles of Darwinian evolution, free of charge!
It was I who was visited by federal authorities after certain inappropriate political comments!
It was I who won a grammy after a certain very famous rapper converted my post into a spoken word masterpiece!
I'M GTUCKER7848, AND I DOMINATE THIS BOARD!!!
"While US kids go to school hungry and go to bed with half-full stomach"
Oh dear! where to start?
How about a bit of history? Do you know why there are very few domesticated cats in either Russia or China? It's because during the communist regimes in those countries, between the years of 1917-1991, the poor peasants of the rural villages were forced to eat them all to survive! It appears that trying to plan crops from a central authority is less than optimal.
The lucky ones managed to subsidize there nutrition with local pet populations. The rest, some 30-50 million between the two nations, simply died of starvation and government sponsored murder. WHAT PARADISE!
Forgive me if I fail to sympathize with the child of a welfare dependent American crackhead, who has to get by on just a morning twinkie instead of a well balanced breakfast!
I know it's cool be be a counter culture commie when your in high school, but you're all grown up now. ACT LIKE IT!
You don't sound clueless at all. I will note that many of the primary silver miners only come into existence when there is a cyclical price spike, such as a few years ago. Most investors, and legitimate mining corporations, have no problem with pricing these mines into bankruptcy, as most of them exploratory scams to begin with.
Shorting junior gold and silver miners at their current bloated levels is a great idea. JDST
Research it. Very interesting
I'm not trying to say anything. I'm simply asking a question.
If JPM chooses to short silver in as large of quantities as it can legally afford, regardless of what the retail investors are willing to pay for physical silver, is it unfair?
I just get a bit sick of all the whining!
You have $100 to trade silver.
That suck for you, but is it unfair?
$15 sounds about right.
That would basically represent a complete retracement of the current five year speculation bubble. I think $12-15 represents a fair value given current industrial supply/demand.
You are free to buy as much physical silver as you like.
Silver, like all commodities, is highly leveraged to facilitate liquidity, and therefor honest price discovery.
How is any of this unethical?
Sounds like a free and fair market to me!