Surprisingly, our markets are holding firm, following the nazi 3.3% wipe out today. The theory is Germany gets fucked when the euro collapses. Therefore, logic dictates, sell German stocks with reckless abandon.
Are you people out of your fucking minds?
Haven’t we seen this movie before? I know the ending. We get all jumpy, worried about the future of some fucking bozos in Madrid. Then at the last second, like magic, they get bailed out and the markets scream to new highs. Does anyone sincerely believe this will not happen?
But there’s a process, I know. So we need to sift through the horseshit and make believe the whole game isn’t rigged. Let’s just pretend this is capitalism and we’re just going to have to take the hits. Then when the pain gets too serious, we’ll call for a time out and ask for the remedy.
Into diving markets like this, I tend to gravitate towards gold/silver. I’ve been meaning to buy some for the past two weeks and prices have only gone lower. So I think I will buy a little EXK today, if only to feel as if I am doing something constructive with my life as a manager of money. I will buy a little and do so with great alacrity, starting now.
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wait til after FOMC with your divine EXK purchase
Exactly what I was thinking.
Fool me once, shame on you. Fool me twice, shame on me… Fool me with some bullshit Euro crisis 5x – BUY THE DIP
Hell yes
I like this development
Ahoy there long john silver, shceitty matey, what’s that there happening to my silver! Yikes! Time to get the real thing and pay it forward sometime in May. Yeesh, what a tape … DOWN! Ahhhhhh.
Gdx is killin me
Looks like a better entry spot than last week 🙂
If gold/silver stocks are going to teh moon, then why not wait until they are in an uptrend?
Either way, I quit betting against Master Fly 3 years ago…
silver looks week to me, but im 80% cash, having lost 7% of my gains this year im not inclinded to play. except a little tna.
best time to buy phizzzzzzz,razzzzzzzzz
STD is like the GS of europe and south america. Its bounced to less than half a percent down on the day. Powerful divergence there
becareful i had a friend who had a STD. BE CAREFUL
A favorite saying of a buddy in the modeling industry, it went something like: “STD’s are a myth, I don’t have any.”
until you itch,no
I always put my $UA on, but said buddy was definitly a medalist in our UCSB ’03 class.
I was probably… top 10 hunter.
I was known as “the mysterious asshole” by three sororities.
I rejected three frat offers, yet was always welcome.
I don’t think he ever itched since he always kept at least one or two on going girl friends on a monthly basis; so doubtful?
I was worried earlier about ECB Weidmann supporting bond buying gossip, found the source and imho he is still the strong German that Merkel loves. So no bond buying this week. But CPI in Australia could be fun to watch tonight.
Here comes the ZNGA squeeze
Of course where would the forum be unless someone said “I bought EXK before you did.”
fuck you,i’m still holdin from 11, and doubled once. old school knows where this shit is going.
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