fed might not raise rates for a while-market will push rates up based on credit risk the US has. Thats from greenspan.
the issue is that there are not a lot of lower risk places to put money and get cash flow. I am in hcp and a bunch of pipeline companies. Use covered calls on most everything.
Our economy is slowing-big problem--debt increasing by more than economy increasing and debt increasing by more than the govt says the deficit is.
unfunded liabilities increased 4.5 Trillion in the last fiscal year.
perhaps our government needs to cut back on its rate of spending increases? Just asking.at federal state and local levels spending is out of control. if income and sales tax inflation were in cpi, cpi would be going nuts.
same people use apple products--apple pays an effective tax rate of low single digits, as does GOOG as does GE.
Further AAPL does most if not all its manufacturing offshore.
So this BKW boycott is bs--BKW is a fraction of those other companies.
I could be wrong but I think the stuff hits the fan big picture and metals go on a tear. not too many thinking that silver goes to 50 again and at that price figure out the cash flow of SLW and then resulting stock price.
I have not read nor posted too much on Yahoo over the past several years and the tone of the posts here tonite reminds me of why.
Now look at CSCO tonight, or Deere, or KING or CAT or MCD or WMT or TGT or macys or IBM or AMZN and others. Sales are stinking up retail and without retail sales and good jobs this economy heads not a tailspin--good for metals.
AMZN is different--its buying market share and losing big dollars doing so--only surprise there is why over 2200 fund managers keep their positions.
we have no recovery, the country is broke, the banking system with its derivatives is in trouble and if that gets delayed further then house prices will drop causing more underwater mortgage problems. Or subprime auto loans will only help auto auctioneers.
watch dollar #$%$ out
Watch metals rise and see miners quadruple like in 2008-2011.
Lets not forget international chaos-or that Shanghai exchange is going to break the comex (people here do know what comex is, right , and teh frailities of comex? and Shanghai exch is running low on silver, or do people buy stock without knowing the fundamentals and technicals of stocks (see hui breaking out above 250 level if not this week then soon).
Sentiment: Strong Buy
hence, look forward a year or two not backward. Look at the shanghai silver shortage and the premium paid there for silver. I think things are about to move quickly for the overall economic situation. Look at retail sales today--economy not growing , and yesterdays jobs info said the ave earnings of new workers is down 23% from what it was in 2008.
Headed for another crisis situation.
not to mention what happens after the london fix is changed tomorrow.,
its interesting, but gdx and gdxj after hours are both up --this last qtr the price of silver tanked for a while and bounced in June--but perhaps more important since slw's silver is an offshoot of other minerals mined, perhaps with global economies slowing the different mines are seeing a slowdown. a higher silver price will solve this problem
Sentiment: Strong Buy