asked nurse what news came out to make DOW jump over 200 points and all she could say was "lack of news made market jump". So I scratched my head and asked my doctor why the Bull is running higher. He said he had no idea and just last week he went short Spy due to rate on risks.
So anyone here available to tell me why we are way, way up today other then smoke and mirrors. Replies appreciated.
Let the market sell off since gold is still going to ramp higher as a "safe haven" play and also insurance should Great Britain leave the Euro. Time to buy on the dips as market sells off but gold sets it sights on $1300 plus.
and you thought Yellen would hold off until September or later. Sure looks like correction coming 30 days or less.
Come tomorrow during your Captain Crunch breakfast. I suggest you eat your "arepas" quickly since they might evaporate with the Venezula economy.
I think Venezula will set off a "Fire Storm" in South America. So hot that the Summer Olympics might just be canceled. Oh and last I check Brazil had no one in charge and Zika virus is running wild. Read and Learn Grasshopper.
U.S.-listed shares of Chinese e-commerce firm JD fell about 7 percent Monday after the company reported weaker-than-expected quarterly revenues and grew at its slowest pace ever, weighed by a slowdown in China's economy. But at least JD CEO is honest when Jack over at Alibaba is extremely dishonest, plays with numbers and is very cozy with corrupt Chinese government. Thus the reason Baba is $78 a share when it really should be $40 a share.
first thing Monday morning and then sit back and plan your early retirement. China for all intents and purposes now is "Dead Country Walking) with no where to go except DOWN.
Exports Slump Amid Weak Demand show China economy is in "major trouble". Chinese exports saw a 1.8 percent dip in a year-over-year comparison in April, the Wall Street Journal reported and experts feel these numbers are worse then reported since China officials never report accurate economic figures.
fascinating article regarding the coming Meltdown of the China economy, as China implodes from with due to 30 to 40 trillion in debt. God my friends is going way, way higher as every economy in the world starts to tank and central bankers can do is print play money and watch gold head for $2000 an ounce,
Google it baby - The National Interest by Peter Navarro and then realize China is a ticking time bomb ready to go off at any second. Any you certainly don't want to be "long" Spy when the rice hits the fan,
Four people shot outside D.C., gold ramping higher along with Federal Deficit. Russia and China want war (or act like they want war) with U.S., Tump or Hillary - pick your poison and on and on and on. Yet market roars on and Uvxy and Tvix have another huge sell off. Can't wait for Nukes to arrive so Dow can jump 2000 points.
but move fast because once the market open Nugt could easily jump to $120 a share. This awful non-farms payroll numbers means the Fed won't raise rates this year as the U.S. economy is severely slowing. Yellen won't mention "rate hikes" for six months plus as gold rockets to new highs.
So do you see the correlation or are you having a hard time seeing the forest for the trees? Largest Economy in the world now in contraction which means Oil Free Falls going forward.
because Uncle Sam just told you he is in a "World of Hurt" as the Fed now does not raise rates this year. Gold now set for $1600 an ounce by summer (if not more) while Oil and Emerging Markets crater on weak dollar, weak U.S. economy and Country defaults across the board. Starting with Venezula, Greece, Brazil and maybe even Russia.
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.