I think in a year or so people will realize how much of a buying opportunity this was.
Silver is so cheap it's almost impossible to believe a troy oz for 16 dollars or the price of a lb of high end steak or a trip to mcdonalds or 8 lbs of organic apples etc. Another way to look at it is your average phone bill of 96 dollars could buy 6 oz of silver ! How long can it last ?
and I think we are picking up a pattern that will be reflected in AXP earnings next quarter do you disagree ?
add that to fed x miss and mcdonalds disaster all bellweathers does not bode well for overpriced walmart do you disagree ?
this bellweather warned about weak orders going forward and combined with fedx warnings puts V with pe in the 30's in a very dangerous position imo do you disagree ?
or down ah I say down...
I will say the miners are behaving well (GDX) and usually they end up forecasting the metal prices 1 day early so lets see what happens tomorrow with gold and silver prices.
I was wrong it appears for now the bankers are still in control. I still say it has nowhere to go but higher just need patience as the fed says about raising interest rates lol !
very bad news for the overall economy as they are the largest air shipper check it out (FDX)
also fedx is a shipper of high end overnight shipping done by the upper class jet set etc
this can't be good news for axp can it ?
Yesterday whirlpool warned for 2014 2015 see WHR they tanked yesterday
beware of wall st shills who tell you to stay the course while they unload their positions !
slowdown ! Look for yourself (FDX) beware of pumpers and people that tell you to stay the course HD was 35 a couple of years ago you would be wise to lock in fantastic gains imo as upside i nil downside is huge imo.
of yet another pump and dump by pros today !!!!
they fell huge yesterday...
what does this imply about hd earnings going forward ?
but China Europe Japan etc are slowing down huge and in US consumers are tapped out and those that have any money going to target !
the rest of the works is rapidly slowing down and mcdonalds supposed to get a lot of it;s sals from outsud US
and the strong dollar means lower revenues when currency adjustments are made !
Worldwide slowdown China, Europe, Japan, Russia mcdonalds etc as well as US on top of a movement away from
colas and sodas ! Fair market price for this company is about 35 tops do you disagree ?
what will this do to v profits ?
DOn't tell me that the make the same for a 50 dollar transaction as they do for a 100 dollar transaction..
the market action controlled by the big wall st banks is intended to send a message to the fed not to tighten or remove the loose language. Large players already know it this is why the price of gold and silver is so strong even after all the bashing 6.57 today is the price on Dec 15 I will reference this post on Wednesday after the fed decision to see if I was right or not...
al years ago they announced that they hit lo grade ore or something in this big mine that killed the stock price what is it today ?
PS: At least my other holding helca is behaving well today..