just as Chinese Government denies building sand castles in the middle of the China Sea for Military purposes. See the pattern, Company lies - Govt. lies. Company plays with numbers - Govt. plays with numbers. Fat cats, Baba insiders dump stock but say only to "charity" while Chinese Govt. loves all citizens and only throws 1/4 in jail every year. Its the "Chinese" way - Lie through you teeth but keep smiling.
Only safe haven left is Gold and with the dollar weakening and stock market crashing - Nugt is where you want to invest for an easy double move higher - if not more.
Simply because Oil went up for no reason today, as U.S. inventory shows were are now just weeks away from reaching peak storage levels. And when that happens oil falls through the $20's into the teens because you won't be able to five the stuff away for free.
with its Under Study CEO who thinks she knows all the answers, while her company layoffs 15% of employee and threatens to sell Baba stock for pennies on the dollar. Such rash thinking will hurt Alibaba stock, far more then the counterfeit government Ja Ma works for.
Rallied over "Russian Hot Air". Please get your facts straight. Problem is Putin is now one weak midget who can't even get Saudi Arabia to the table much less a cup of sand.
So long Spy your treading water or should I say (sinking) but Gold going forward will FLY. Oil down after EIA report and Friday's weak non farm payrolls send Gold up $80 plus.
since they should realize oil is heading to all time new lows - since everyone inside Opec and outside Opec is "Looking Out for Themselves". Dog eat dog boy and you know Saudi won't lose market share with Iran ready to Pump to the MAX.
and its heading back. Notice every time Russia throws out a trial Ballon - no one responds. You know like "complete Silence". Russia so desperate for oil to rise they are forced to beg now while big Opec players throw them NO BONES
watch and learn.
Dude - API report knocked oil down yesterday and we will see it again in EIA report. You ever see "ground hog day" sober. Well your watching it now in spades - Oil under $30 in less then 3 hours.
Suggest "Chinese water torture" Unfortunately China is a corrupt country and we all know "corrupt countries" spawn corrupt companies. Jack plays with numbers just like Chinese govt. play with economic numbers. Problem is "when you find out the real numbers" you've already lost half your money if not more going long these China stocks.
good time to buy in since all signs point to higher gold prices going forward. Fed now out of the picture, world economies crumbling and U.S. Presidential race a "complete" Joke. Its "safe haven time" boys and Nugt is one very safe bet since Gold should ramp higher throughout the new year.
since with everything going into the toilet now, gold is the only safe bet going forward since it will continue higher as the Fed holds off rate hikes this year, the dollar weakens as world stock markets sell off. Its times of "trouble" buy gold and if ever there is trouble in the world - ITS NOW.
Seriously, going forward there will be no rate hike in 2016 or possibly just one. That in itself should push gold higher. Next we have the dollar which should weaken since the U.S. economy is slowing as Uncle Sam's debt rises to 19 - 20 trillion. Lastly we have serious volatility in world stock markets as well as Middle East, Ukraine, Isis threat, etc. Not sure if I covered everything here but Gold seems to be the commodity to place your bets on (long) since its beaten down over the last four years and is due for a major rebound in 2016. Enough said.