Francois Hollande has defeated Nicolas Sarkozy by a comfortable margin in the race for the French Presidency, reports Bloomberg, citing exit polls. It will put the Socialist party in power for the first time in 2 decades. Sarkozy's defeat makes him the 11th EU leader tossed from power since the sovereign debt crisis began. [View news story]
edwin: we know your long and set to get crushed tomorrow, but hey, when facts are in front of you don't tell me a white wall is black.....
gold and silver is the trade...also, .glad i put huge shorts/puts on equities last friday.
Francois Hollande has defeated Nicolas Sarkozy by a comfortable margin in the race for the French Presidency, reports Bloomberg, citing exit polls. It will put the Socialist party in power for the first time in 2 decades. Sarkozy's defeat makes him the 11th EU leader tossed from power since the sovereign debt crisis began. [View news story]
edwin: you weren't invited to the party, .... gold and silver is the way to go in this market .
The "disconnect" between the price of gold and the valuations of the companies digging it out of the ground hits John Paulson, whose Advantage Plus fund lost 6.7% during April thanks to big bets on gold miners. Gold-mining stocks have gotten hammered of late - far worse than what the price of bullion would suggest. Why a reversion to the mean may be in the offing. [View news story]
hammer: yes gold and silver are cheap right now, - miner are producing record profits so both the physical or the miners are good plays...
Francois Hollande has defeated Nicolas Sarkozy by a comfortable margin in the race for the French Presidency, reports Bloomberg, citing exit polls. It will put the Socialist party in power for the first time in 2 decades. Sarkozy's defeat makes him the 11th EU leader tossed from power since the sovereign debt crisis began. [View news story]
this could send equities in a tailspin as socialist economies in their nature do not grow, - we have been buying gold and silver over last 72 hours.
A sharp decline turns into a free-fall, WTI crude at $97.90/barrel, now more than $8 cheaper than it was about 72 hours ago. USO -4.3%. Previously moving solidly higher, gold reverses to turn slightly red at $1,634/oz. GLD -0.2%. [View news story]
A sharp decline turns into a free-fall, WTI crude at $97.90/barrel, now more than $8 cheaper than it was about 72 hours ago. USO -4.3%. Previously moving solidly higher, gold reverses to turn slightly red at $1,634/oz. GLD -0.2%. [View news story]
put on your rally caps folks, precious metals could get a great ride from the fallout everywhere else...
China may have a population of 1.3B and Australia just 22M, but it is the latter that provides more revenues for GE and on which its shifting its focus. Whereas China is difficult to deal with, Australia has a free market and a reliable legal system, so it's just so much easier. And being full of resources, it provides GE with plenty of opportunity. [View news story]
we would agree, GE is great in Aussie, playing the silver moves up have made tons, little pops like 10% up in silver and thats how you trade...
Ed Yardeni thinks the rally in crude oil is running out of gas, and stable prices should reduce inflationary pressures around the world, "especially important in emerging economies since fuel costs account for larger shares of budgets than in developed economies. This would allow the central banks in China, India, and Brazil to continue to ease their monetary policies.” [View news story]
oil could go higher, we thik silver is the better play over the short-term, get a good 10% pop up while nobody notices it happen (thats the way to trade)
Francois Hollande has defeated Nicolas Sarkozy by a comfortable margin in the race for the French Presidency, reports Bloomberg, citing exit polls. It will put the Socialist party in power for the first time in 2 decades. Sarkozy's defeat makes him the 11th EU leader tossed from power since the sovereign debt crisis began. [View news story]
gold and silver is the trade...also, .glad i put huge shorts/puts on equities last friday.
Francois Hollande has defeated Nicolas Sarkozy by a comfortable margin in the race for the French Presidency, reports Bloomberg, citing exit polls. It will put the Socialist party in power for the first time in 2 decades. Sarkozy's defeat makes him the 11th EU leader tossed from power since the sovereign debt crisis began. [View news story]
The "disconnect" between the price of gold and the valuations of the companies digging it out of the ground hits John Paulson, whose Advantage Plus fund lost 6.7% during April thanks to big bets on gold miners. Gold-mining stocks have gotten hammered of late - far worse than what the price of bullion would suggest. Why a reversion to the mean may be in the offing. [View news story]
Francois Hollande has defeated Nicolas Sarkozy by a comfortable margin in the race for the French Presidency, reports Bloomberg, citing exit polls. It will put the Socialist party in power for the first time in 2 decades. Sarkozy's defeat makes him the 11th EU leader tossed from power since the sovereign debt crisis began. [View news story]
MAX Begins Phase III Drill Program At Majuba Hill Copper/silver/gold Oxide Project In Nevada. MXR.v [View instapost]
Silver - A Question Of When. Not If. [View instapost]
A sharp decline turns into a free-fall, WTI crude at $97.90/barrel, now more than $8 cheaper than it was about 72 hours ago. USO -4.3%. Previously moving solidly higher, gold reverses to turn slightly red at $1,634/oz. GLD -0.2%. [View news story]
A sharp decline turns into a free-fall, WTI crude at $97.90/barrel, now more than $8 cheaper than it was about 72 hours ago. USO -4.3%. Previously moving solidly higher, gold reverses to turn slightly red at $1,634/oz. GLD -0.2%. [View news story]
Stocks pop higher following the strong ISM print. S&P 500 +0.5%, Nasdaq +0.5%. The 10-year note climbs 3 bps to 1.93%. [View news story]
A Rare Opportunity For SLV Investors [View article]
India just reported record silver exports!
http://bit.ly/KqDZ24
Why I Bought Banco Santander [View article]
A Rare Opportunity For SLV Investors [View article]
Gold takes a quick tumble, dropping nearly 1% in minutes to $1.650/oz. (taking silver along for the ride, or vice versa). The fall comes as HSBC hits the tape, cutting its 2012 average gold forecast to $1,760 from $1,850 on a "sharp decline" in Indian demand and reduced expectations for QE. [View news story]
China may have a population of 1.3B and Australia just 22M, but it is the latter that provides more revenues for GE and on which its shifting its focus. Whereas China is difficult to deal with, Australia has a free market and a reliable legal system, so it's just so much easier. And being full of resources, it provides GE with plenty of opportunity. [View news story]
Ed Yardeni thinks the rally in crude oil is running out of gas, and stable prices should reduce inflationary pressures around the world, "especially important in emerging economies since fuel costs account for larger shares of budgets than in developed economies. This would allow the central banks in China, India, and Brazil to continue to ease their monetary policies.” [View news story]