Today in Commodities: The Commodity Train Is Leaving the Station [View article]
There's at least a "dead cat bounce" rally in the $ in the cards for a couple of weeks simply because: 1) it's fallen hard and fast since the July 4th feel-good top; and 2) everybody has piled onto the "OMG, it's about to collapse" camp. SInclair is screaming "This is it! This is NOW!" for the 10 millionth time in the last 5 years. All the guns-and-dried-food wack jobs are recommending $'s for when the Charmin runs out.
Yup, all the ingredients for a quickie rally. Just long enough for people to start thinking Helicopter Ben really might be able to get out of the boat and walk to shore.
Today in Commodities: The Commodity Train Is Leaving the Station [View article]
1) it's fallen hard and fast since the July 4th feel-good top; and
2) everybody has piled onto the "OMG, it's about to collapse" camp. SInclair is screaming "This is it! This is NOW!" for the 10 millionth time in the last 5 years. All the guns-and-dried-food wack jobs are recommending $'s for when the Charmin runs out.
Yup, all the ingredients for a quickie rally. Just long enough for people to start thinking Helicopter Ben really might be able to get out of the boat and walk to shore.
Ker-PLUNK!