Due to typical and classic Egyptian bullshit, the dollar is enjoying artificial strength, allowing precious metal stocks to sell off. Understand this is a one off event, not so much different than hurricanes or Warren Buffet interviews. I’d use the weakness in gold/silver names as an opportunity to build up positions. After all, once a new dictator is ushered into Egypt, the Federal Reserve will continue the path of least resistance, via QUANTITATIVE EASING aka “revolution starters.”
I am up a little more than 1% today, thanks to strength in mu largest positions MOS/AGU and ATPG. Should BORN get going then I can really start making some money here.
In summary, stocks are going higher and the basic thesis hasn’t changed: weaker dollar=higher commodity related stocks.
Top picks: EXK, NGD, MOS, AGU
First!
Glad to see children are getting interested in the markets.
Dollar is going higher… alot higher
Very insightful.
thanks for your valuable input. Jackass
No, there is much USD overhead to get through and this EUR weakness is on silly stuff: blah blah Portugal, blah blah Weber, blah blah head & shoulders, blah blah Egypt… ewwww, I’m skeered. Euro shorts are setting up to get greased.
See, Chile just got an EARTHQUAKE bitch. 7.1 motherfucker – what now!? Sell USD.
they prolly didn’t even feel 7.1
Added IDTI right here …
Cock smokers
BORN?
WAB rails baby, ride’em.
What % of your managed accounts is BORN?
Fly, how can money be the root of all good, when half of the folks who say ‘Money isn’t everything” are rich folks? Wouldn’t that mean that they are aware that they don’t have everything?
Money (which is concentrated power) is the root of a lot of good & evil both though, so I don’t disagree with your statement on the whole. Just that there are other things too. One friend of mine became very wealthy at a young age & wondered why it didn’t fulfill him more. He embarked on a meditation type journey. Somehow he didn’t get addicted and end up believing that the key to fulfillment is always to keep trying to get more money than one currently has– sort of an addicted brain, as described in the article below.
http://blogs.hbr.org/schwartz/2010/10/dopes-and-dopamine-the-problem.html#
people are pure evil – money is just a weapon
How did U get out of your home alive every day of your life if people are pure evil? Perhaps some are. And some act evil because they think they must to survive, or they are mentally ill or something. But look around you. There are lots of nice folks are around most of us. And money is sometimes used by nice folks who are wealthy, for charitable purposes. It is often used as a vehicle for good.
Money is good because it can buy Dairy Queen Blizzards and Ladies.
Cut down on the DQ blizzards and you won’t have to buy your ladies.
blizzards don’t talk back
If rainbows could be torn from the sky and sold on eBay, there would be nary a color left in the sky.
I love rainbows. And if somebody’s family were starving or without heat in the winter, I couldn’t blame them for selling the rainbow. Everyone’s trying to survive. In the current economy, that is no easy task for many folks. I would have a problem with folks selling of rainbows by just anyone who wanted a few extra bucks though. Which would likely happen, I must admit. Most folks wouldn’t do that,. But U R right that enough would that we wouldn’t have any rainbows left in the sky.
The problem is not that most folks are evil, but that evil or power craxed people tend to dominate, as one would expect since power/domination is more important to them than to others.
“All that is necessary for the triumph of evil is that good men do nothing.” (Edmund Burke)
http://wiki.answers.com/Q/Who_said_'Evil_will_prevail_when_good_men_do_nothing'#ixzz1DgaD3MDj
Oops, I meant power crazed, not power craxed.
This is all too much for me. I’m already drunk for the weekend. Rainbow seller.
QUANTITATIVE EASING aka “revolution starters.” – that’s some funny shit dewd.
its settled then. The Bernank is a savior
like i said,the bernanke is as slick as e.v.o.o. and not a savior. or even a chess playa . the economy,it’s an experiment…….