Dollar breaking out gold still in Bear gld went public around 49 bucks a share it will trade thru 760 late 2016. Miners over valued 300 percent still talk to me when Fcx and chk hit 2.55
We have along way to go and it is down. We haven't even begun to bottom yet. Watch when the dollar breaks 100 this will trade down like a bad dog. Hedges way toooooo long still as it drops retail come in and then we really sell off. Again look at a chart of Freeport when it hits 2.30 ish we are close
Wind in the face of commodities now this will continue thru 2017 money out of commodities to spure deflation and go into stocks as it sells off
Mickey Mouse is the Rebuplican nominee, Global warming isn't true, and there are weapons of mass destruction buried in the desert oh and gold goes to 760 which one is true.
All the easy debt with a weak dollar has set up billions of dollars of BAD debt which is worthless and guess how it ends, can we
Say conversion to stock this is how it always ends badly. Doesn't any one remember Enron same deal.
to try to save their economy from up rising. I believe wti will hit 18-20, gold slides to 760 or below, natty well under 2 maybe 1.34 gasoline at the pump .97 cents now we already hit 1.67
This is going to be the only this to keep the usa afloat. The consumer will stop spending on all goods and even the service sector to get crushed.
Much riskier assets such as calling bottoms in gold and emerging markets which will cause the sucking sound of retail money. The last stage is mergers of stock since so much debt was put on. Pfe perfect example. GS calling for emerging markets is another. This hasn't corrected we could retrace to 59percent of Dow high.
This is so similar to Japan when the once mighty Nikki's was at 40k and dropped to 8k to retrace to 20k