Cisco CEO Chuck Robbins said orders for his company's networking gear and data center equipment slowed starting in January, as tumbling stock markets and other signs of slowing economic growth spooked customers.
pump and dump by pros !!!!!!
Yellen: No Known Restriction Preventing Negative Rate
by Bloomberg Video 2:37 mins
Feb. 10 -- Federal Reserve Chair Janet Yellen testifies about monetary policy before the House Financial Services Committee. She speaks on "Bloomberg Markets."
WERE you Snookered by GOLDMAN ?
Did you see their STOCK TODAY (GS) ?
all clear to buy HL or not ?
hold their wealth without fear of negative interest rates or devaluations or bank collapses !
they beat it down as far as they could and now it is back with a vengeance and will soon see new highs of 2000 per oz !
anyone who does not see the reversal here is going to lose a ton of $$$$$$
all the way to new highs above 2000 !!!!!!!!!!!!!!!!
Trade or you will lose !
The New BULL market in Gold has Confirmed itself TODAY !!!!!!!!!!!!!!!!
See last SENTENCE this is from 1 week ago release !
Hecla Mining Company (NYSE:HL) today announced preliminary silver and gold production results1 for the fourth quarter and full year 2015 that exceeded the Company’s expectations. The results are due to strong performance from all three mines. In addition, the newly developed San Sebastian Mine in Mexico commenced commercial production late in the fourth quarter.
Silver production of 11.6 million ounces, a Company record and exceeding guidance of 10.5-11 million ounces.
Gold production of 189,162 ounces, exceeding guidance of 185,000 ounces.
37.5 million silver equivalent ounces of production, a 9% increase over 2014 and 63% increase over 2013 levels, exceeding guidance of 35 million ounces.2
San Sebastian began producing silver and gold late in the fourth quarter.
“Despite a difficult metals market, Hecla’s production continues to grow, setting the 2nd consecutive annual silver production record,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “All three mines exceeded guidance and San Sebastian has begun production. We are continuing to see results from our strategy of investing in production growth, causing our silver equivalent production to be the most in our 125-year history. This growth, along with cost controls and focused investment, puts Hecla in a good position now and when metals prices rebound.”
GOLDMAN JUST BROKE into the 130's !~
seconds ago !
also see JPM and DB !!!
You know what that means don't you ?
MY MY MY !!!!!!!!!
DB is hitting the daily low !
Deutsche Bank AG (DB) -NYSE Watchlist
15.32 Down 0.89(5.52%) 2:17PM EST - NYSE Real Time Price
70 TRILLION in DERIVATIVES They tell me an order of MAGNITUDE MORE THAN GERMANYS GDP no way it can be bailed out !!!!!!
we are having a tug of war between short sellers and longs with some I believe foolish longs assisting the shorts by selling their shares. AS I have said while selling big moves worked with a falling stock It will not work nearly as well in a rising stock environment as we are in today.
Those that realize the pattern has changed shall profit those that keep trying what worked before will lose $$ IMO !
At some point you will have a huge short squeeze that will bring this stock way over 2.50
if you are out at that point in time you will LOSE the gain !
did you see DB GS and JPM at this time my good friend ?
I do believe the financial world as it is described is in fact teetering on a lehman like bear stearns like moment...
Now I see Jim Cramer telling people o buy PG you are going to learn the lessons of your lives when a small percentage of people holding this stock try to sell and NO one is there to BUY their overpriced shares !
look at the banks today they are much lower thanthey were when I wrote this !
many people and institutions are likely to starting to sell overpriced stocks like PG as I warned you !
remember me ?
I tried to warn you and you bashed me !
Love For Gold Spreads Worldwide
By Sarah Benali of Kitco News
Thursday February 11, 2016 13:27
(Kitco News) - Gold has seen considerable gains since the start of the year and appears to be reasserting itself as a global currency, seeing broad gains in foreign exchange markets, in the wake of growing global economic uncertainty.