Lower demand and slumping prices should be a wake-up call to those who had started to believe...

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kwm3 Comments (2108)
 
Canary in the coal mine, for sure. So too is the slowdown in luxury goods, McDonald's, P&G it's everywhere--threaded throughout all those 10Qs. I don't like being a downer, and wish I could say we'll always be growing at tiger pace, but credit contraction is here... the great unwind of living beyond our means for 15 years. The market will follow eventually.
12 Sep 2012, 11:37 AM Reply Like

Agbug Comments (883)
 
To add a conspiratorial element to the negativity, I wondered if the government off-loading their AIG stock was done prior to this weeks FOMC meeting for a reason?
12 Sep 2012, 12:08 PM Reply Like

jeffrey harris Comments (30)
 
does it occur to anyone else that Nasser is trying to talk down junior miners so BHP can poach them at a trough? He's got to be licking his chops at FSUMF at a buck and change.
12 Sep 2012, 11:59 AM Reply Like

David Urban Comments (1036)
 
There is so much copper sitting in storage in China it is not funny. This will hurt Australia and BHP because they hitched their rails to helping foster the buildout of China and India but to say the mining boom is over is silly. Gold and silver are still attractive and the mining companies are selling for tremendous discounts.
12 Sep 2012, 02:33 PM Reply Like

Whitehawk Comments (2967)
 
A reiteration of what has been said before. Looking to sell call spreads on miners, especially if there is a shot of QE. And if the miners crater - look to sell puts at the bottom. Play the vol in between.
12 Sep 2012, 02:58 PM Reply Like