speculation that non-farm payroll numbers will be bad - thus forcing the Fed to hold rate hike until very late this year?
Threat of war between U.S. and Russia or China or North Korea or Iran?
The U.S. dollar weakening since everyone wants to print easy money and the Fed is next in line?
Sure seems like we're heading back over $1300 an ounce as world Volatility picks up and the Fed goes back in its cave.
and for you investors new to KGC - Motley Fool has a couple great articles on the company ranking KGC way above other miners. Google it then buy KGC while its still under $6 a pop. Come Friday Kinross could be trading $8 plus and ready for teens the following week.
because things are getter worse in Middle East - Not Better and come Friday's non-farm payroll miss - Less then 190,000 jobs Gold will rocket to $1400 an ounce. When you see world turmoil on a mass scale and the Fed now going back into permanent hibernation Gold has only place to go - UP.
but it gets better as the world's largest Gold trading ETF takes off the rest of the week and sets it sights on $133 a share by Friday. So open your new long gold position in Gold Monday morning then sit back and enjoy the weekly new breakouts over the next several months as gold climbs, climbs, climbs.
I plan to open a new long gold position Monday morning knowing that technical analysis strongly suggests gold and silver have bottomed with new breakouts upside in precious metals and mining stocks over the next several weeks/months. Sure you can't alway catch the big move up when it happens but there is still plenty of time to go long Gold and enjoy the long ride up. And we're talking 50% jump or more in the above Stocks/ETF's mention. But first thing tomorrow or kick yourself three months from now when Gold is trading over $1650 an ounce.
not good but its times of uncertainty and world volatility I lead towards "Safe Haven Investments" like Gold. And you know deep in your Soul Gold is heading to New All Time Highs.
British Special Forces in Libya have been ambushed by Islamic State (Isis) suicide bombers in an attack that may also have killed Italian troops. An Israeli news agency report suggests that Daesh (Isis) extremists attacked a convoy travelling from the northwestern city of Misrata towards the IS stronghold of Sirte – the birthplace of former dictator Muammar Gaddafi.
and I always thought the the "R" word brought the Bull to its Knees?
Well I think you are dead on with Tvix and Yang. But come Lunch time SCO should also be Major Green. Russkies are more oil as we type.
so I'm not sure if I should go long Tvix or Tza. Oh what the heck they are both going to double going forward and possibly triple in May as investors say "I"M OUT".
rumors strongly increase that Russia and Saudi Arabia will get into a Full Blown Oil production war to see who blinks first. Sure looks like the Big Boys are going to push oil way lower as everyone in Opec is out for themselves.
So things don't bode well for U.S. market tomorrow as the Bull wakes up in the morning, looks out his window and sees signs pointing to nearest Glue Factory. Dow down 150 to 200 points tomorrow and that's a conservative estimate.
and the you realize its going to be a rip snorting market sell off tomorrow - but hey don't worry. Black Monday is still a few days off.
Should be interesting to see what happens here from 7:55 pm to 8:00 am just before after hour trading ends. If you have a "short position" in Tvix its obvious you sell before trading opens tomorrow because Tvix will open over $4 a share. And since we know a fool and his money are soon parted.- "Shorts" - shorting Tvis will lose everything if they don't coverl now.
Can't speak for "wise" but oil will drop back to low $30's as Iran, S.A. and Russia all increase oil production. And all three countries has said they can easily increase oil production way beyond what they are currently pumping. And do you really think S.A. wants to give up oil market share to Iran and Russia? NO WAY JOSE
Uvxy is all time new lows for one year, five year, eight year's out. Could it go down more - Sure but with Mother Market at all time highs, the Fed about to introduce another June rate hike and big misses by Google to IBM to Microsoft to Boeing, (etc.), odds say Uvxy jumps higher go forward.
But Lobsterpot - you do your own math.
Its going to work this year since (1) Fed Rate Hike either in May/June, (2) market bloated and if we see a touch of Volatility everyone heads for the exit at the same time, (3) and lastly Hillary and Trump scare the hell out of the market. Pick your poison.
Watch investors take profits or shorts cover (here) as the tide now turns and Volatility come back for the hot summer months.
And instead of when "Doves Cries" the "Bull Cries tomorrow" with a 200 point sell off.