Before George dies, he wants to break the bank of Beijing. Not only does he want to break it, he wants them to go back to the rice paddy and to stop meddling with the Illuminati and the Grande Recursive Order of the Knight’s of the Lambda Calculus, from which he hails. From his vantage point, he’s had his way with a number of prominent central banks during his illustrious career. What better feather in his cap than to annihilate a nation of 1.5 billion?
Indeed.
Soros is out with fresh bearish remarks today, regarding China. The last time he talked this negatively about the great dog eating nation was back in January, just prior to the scare that nearly broke their stupid little manipulated currency into a thousand pieces.
This is a dubious omen for anyone living in China or investing alongside the psychopaths at China life.
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Yes, and what happened with commodities in early 2008. Oil went to $140, which is what it’s going to do again. You are on the wrong side of the trade. The banks need oil back to $100 to protect their assets, and they are going to do whatever humanly possible to get it there.
Oil and silver are the place to be through mid summer.
Seth
You have a brain of an infant.
Even infants know the difference between gold and hot coals.
$100? Wtf…
Maybe not $100, but up significantly from here. This is the end of the bull market that started in 2009. It is actually the end of the bull market that started last century. The ultimate blow-off top is coming. Silver is really the place to be, but all commodities are going to run, even oil.
Your logic is infantile. Commodities cannot surge without causing a furious bull market. Crude to $100?
Anything is possible, but not likely.
This post is not politically correct, hence Dr. Fly’s love for the Trump.
Trump used to be a Democrat, like Soros.
For commodities to truly go on a sustained run their has to be demand behind it. I believe all markets are manipulated though, but $100 seems far fetched. Oil demand should only go down in the future and supply is ever increasing. For instance, you can find data detailing improvements in MPG and an increase in electric cars will only add to the decreased demand. I will say it will be north of $44 since Gartman thinks it won’t.
Forget physical commodities. What’s to stop a possible institutional bull run with private synthetic commodites based derivative products? I say nothing, except perhaps, your own imagination…