Isn’t this fantastic? Think about how lucky we all are, as investors, to relish in the same exact crisis for 3 consecutive years. How singular and wonderful it is, truly!
Greece gets bailed out; but they don’t. The Spaniards are next; but they’re doing okay. And, the Italians are in crisis mode; but they have turned the ship around and are doing just fine. I challenge you to try to make sense out of all this, then invest your life savings on that thesis.
Pardon the cliche, but this is the gift that keeps giving. No wonder retail wants no part of this market. It is a lose-lose situation for the unwashed pleb, the man-dog with a brain the size of a cashew. Nevertheless, I am mandated by my ingrate clients to figure it all out: with a snap of their cigar stained fingers, I am ordered to figure out the puzzle.
Remember when I said (last night) there was no contagion? Well that has changed over night, as sovereign yields for the shittiest countries in Europe are soaring this morning. Apparently, the euro is going to $00.00, taking oil, silver, gold and California with it. The incredibly morose part about this whole process of investor elimination is this “crisis” we are enduring now will be nothing more than a bookmark in 3 months. The central bankers will find another solution and the markets will blast higher, doubly fucking the people who sold due to fears of financial collapse.
Well, it looks like The PPT will likely flag its first OVERSOLD signal since late 2011 today. With that, based upon our correlation tools, I can tell you silver and gold miners are likely going to be the best investments coming out of the pit. That sector has been lit aflame, by men clad in pink pants made from velcro.
Barbarism on a medieval scale has befallen the Ron Paul crowd.
Nonetheless, if the markets ever go up again it will be because of a cheap money solution, which is inherently inflationary– always good for precious metals. Both EXK and AG are of great interest to me as we delve into the lower tranches of this fucking tape.
NOTE: The dicksuckers over at GMCR were right! Weather trends dictated hot versus cold beverage consumption. SODA smashed numbers and the stock is up $5.
http://www.youtube.com/watch?v=ofoIMg76Sng
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Can you utilize one of your spaceships to drop a neutron bomb on Greece?
“men clad in pink pants made from velcro, barbarism on a medieval scale has befallen the Ron Paul crowd”
“Fly”, The wall street ‘shakespeare’ for the 21st century…
Have you been to Athens lately? Looks like someone already did.
Yeah, Athens is a piece of offal.
Athens sucks
Shame. Mrs and I went in 2000 it was lovely.
I will leave you with only a “Woe is me” on this fine day.
Looking forward to Ron Paul making a 3 ring circus out of the RNC in Tampa.
This tape is being manhandled going up and down. As “retail” I want no fucking part of it. The only thing I want is fucking blood. Not a lot. A little will do. That’ll tell me things are becoming a bit more honest.
As of 10:15AM, with the DJI down 135 and the S&P under 1350, most stocks are NOT making significant new recent lows, but are merely retesting yesterday’s lows.
Usually a sign that a turnaround is imminent.
NUGT seems way oversold. Wouldn’t it be a good way to play a bounce back on miners?
Time to get the real thing for hwaut MILF-Moms-of-da-U-S-A.
Don’t be a chump, Eye of the Tiger to you lazy rocker chair starz!
YELP is teetering here with this market pressure. Just hope it doesn’t crack 19.50.
john deere has lost its mow-mentum, im even w/ bac. lookin at gold not buying yet.
ho-ho-ho.
In closing: “He fought the lawn, your Honor(s), but the lawn won.”
with out larry (italy) curley (greece) there is no mow.
(nose bleed section puts blinder pads over their ears)
I was going to share this post for the analysis/commentary, but then I shared it for the music video.
Gonna subscribe to this one!
Excellent!
Nice call on the miners.
Unlike Huggy, I have so far resisted being drawn into the portfolio deflation vortex.
Having said that, my willpower is weakening and if it breaks down completely then I will find myself buying some TNA $58 July calls and some UCO $40 July calls. I should wait for stochastic single digits on $RUT and $WTIC before pulling the trigger but the wait is k-i-l-l-i-n-g me and I’ll wind up averaging down on further weakness.
Coincidence all the advertising frames on this page are all Sodastream at Amazon.com today? Methinks not.
Do you brush a set gold teeth or just buff them until they shine?
My god i have received at least a temporary reprieve today…i am seriously hopeful this is the beginning of a meaningful bounce in the miners.
AAPL touches green. Lead the way iShit!