I wasn’t gonna go back into the mine until Benjamin Bernanke flicked his cigar ashes at me, calmly stating “back in the mine, bitch.”
I sold UA and bought three stocks today: BZH, SWHC and JRCC.
Despite the uncertainty of the Fiscal Cliff, the market wants higher. We’ve been climbing the wall of worry for over a week, as predicted by ChessnWine (well done!).
Based upon this unprecedented Fed action (tethering rates to unemployment), I am a big bull on precious metals and commodities in general.
Top picks: EXK, JRCC.
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Bill Gross called it last week. Commodities and Muni’s for the win in 2013.
You are as right on this as you were on the “Obama won’t win five states” election prediction you made.
And did anybody tell you that bonds and commodities move in opposite directions?
SLV +20% YTD
PZC +17% YTD
What else do you need to know Mr. Wizard?
So you lost about 3 points on UA? (In Nov 27)
yes
Those coal roots run deep. Always have.
Houses, guns and coal….. maybe not.
spx 1500 by christmas..its a done deal
AAPL price action looks pretty horrid to me.
I say once it breaks 528-530 (won’t hold this time) it will get to 490-92 in a blink and take the entire market down.
I disagree. You’re getting it on sale now. Maybe you’ll see a retest of $512 asnd that will be back up the truck time.
$426
was just at scotts place, look at chart of the week.
“QE Unlimited” became “QE until the end of Obama’s term”