So was anything I read yesterday really true? That had to have been the most ridiculous series of misinformation and outright lies I’ve seen to date. First the China-BRIC-to-the-rescue 360 degree game of merry-go-round.
Then the Austrian announcement (has anyone decided if that was real or not?).
A half a million rumors about announcements from Merkel, Sarkozy, or both are springing up like weeds in my garden.
Euro banks were apparently being cut off of dollar funding two days ago. They were receiving emergency dollar funding yesterday.
Really, everyone spreading these rumors can get bent.
If you read my work, I apologize, for it seems that half of everything I wrote about yesterday may be complete bullshit. I’m usually pretty good about sifting through the nonsense and crap, but I dropped the ball it would seem.
Henceforth, I will be pursuing a policy of hyper-skepticism.
Let’s be honest with ourselves; nobody knows anything about potential talks to intervene/abandon components of the EU, least of all the EU themselves. Time to turn the newsfeed off.
Into the open, I am (as I have remained) long AEC, CLP, AWK, BG, CCJ, and silver, with a chunk of cash and a large short in UCO covering my ass.
Watch the dollar.
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Hathor rejected Cameco’s bid. (incase you did not see)
You are a dollar AND a silver bull?
Or did I miss something?
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Sorry Jake, was that inteded for me?
Yes, sort of. At this point silver is a residual position more than anything. But it’s there as insurance if the dollar blows out again.
I didn’t see that. I saw the announcement from Hathor telling its shareholders to give Cameco the cold shoulder.
When was the vote?