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Submerging Markets
New lows in Mexico, Brazil, Peru, Chile, South Korea, Taiwan, Malaysia, Australia, Indonesia, and Thailand... but apart from that - Fed rate hikes and Yuan devaluation are irrelevant?
Americas...
AsiaPac...
Charts: Bloomberg
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The current crash in Silver markets will cause a global shortage in Silver sending prices sky high. We've noticed a massive jump in sales of silver in the past few days.
https://www.eurgold.eu
Silver is an industrial metal more so than gold.
And industries are looking very bad now
Gold has one function (since sputtering has elimated most industrial gold use)...to preserve wealth when politicians fuck up the currency (you can quote me on that). It will soon be doing what it has done so well for so many so many times.
Badge? I don't need no schtinkin badge!!!!
Who cares about those markets. We have the Fed propping up our market until hell freezes over.
Silver's industrial usage is not dependent on the overall economy. There is literally no cheaper substitute for silver in the vast majority of its applications. The only way to bet against silver's industrial usage is to bet that our gadget centric society is willing to go back to running around in the forest with tin cans on a string. Not happening (by choice). Not to mention solar panel usage is projected to skyrocket in the coming years.
Regardless, silver is more so a monetary metal than an industrial metal. It follows gold, not copper or oil or the PGMs. So the industry usage is a secondary factor, not the reason for price movement, which is completely rigged anyway hence why the available silver supply is at multi-century lows.
When the dollar bubble bursts, the inverse precious metals bubble will too. Industry won't mean jack at that point, but they will definitely pay whatever outrageous prices result because they have no alternative.
Buenos Diaz
Silver is REAL MONEY just like Gold...
you should lknow that....
True that. Everything I look at looks to me like pure death. All indexes look on the verge of a major collapse and the metals llook to me to have another potential 75% more to decline before the bubble has totally corrected. I think they sell metals down hard when the market finally starts picking up momentum to the downside between now and this time next year and the bottom we set in metals will never be remotely approached again as the nominal value or gold and silver ramp towards infinity.
I'm still a buyer or metals and miners now especially physical cause I can't get blown out of a physical stack of metal in my closet unlike some of my gold miner positions that look at this point as if they may go to zero and I would rather hold GDX long term than SPY here I don't care what anyone says.
New lows in Mexico, Brazil, Peru, Chile, South Korea, Taiwan, Malaysia, Australia, Indonesia, and Thailand
Their currencies are also collapsing. They should be insuring their wealth by buying gold and silver. Instead, most will be buying dollars ensuring their enslavement
Normally, if all the numbers are pointing one way, but your betting the other way, this would be called insanity. On Wall St. however, this is known as an 'oppurtunity'.....
That's right. Funny thing. Is, that a lot of these are creditor countries with surplus. But hey keep feeding the debtor seppos
Submerging Markets ... in a Race to the bottom, thats Funny and Factual :)
Burma is OK?
Burma isn't an emerging market. They are a frontier market... maybe not even that.
There has never been a better time to buy...
LMFAO!!!
Fuck em.
WTI just made a fresh 6 year low.
Yeah, soon it will be free...
Yet Calgary house prices don't move. I am getting very very sick of this fucking game
mmmm i can smell the distressed securities
January 24, 2014 - GOLDMAN'S BLANKFEIN: I'd Be Long, Not Short The Emerging Markets
http://www.businessinsider.com/blankfein-id-be-long-emerging-markets-2014-1
translation = we recommended to our clients they buy emerging markets & as a "providing of our market making functions" we shorted the fuck out of them too you ... your welcome
i can't find the link, but im pretty sure when CNBC was in davos, switzerland they asked lloyd about emerging markets and where they would in a year (higher or lower). he said he's not an analyst, but he believed higher.
KING Doelarr! s/
Miss my old buddy lennon hendrix. Of course that goes for francis, akak, TIS, fonz and many others too...
Me thinks that Mr. Lennon Hendrix is not too far away.
trav :(
Harry Wanger, wait, maybe not... lol
Orphan Black?
I already said the US is survivor island for the investor class.
So, I'll say it again.
But it will sink too because the alternative is slavery.
Americans don't react well to slavery.
I'd love to be set up to trade all world markets. I trade Bitcoion but I can't trade US markets since the FED took over in 2011. Glad to see a posting of the real world.
Burma is an aftershave
Shaving cream.
In any event, not an emerging market. Unless we're talking about men's beauty products.
A shave that's real,
No cuts to heal
a soothing velvet after-feel
Burma-shave
But the USSA markets are unflappable and can only go up....
BTFD!
"John Kerry: If Congress Rejects Iran Deal, U.S. Dollar Could Lose World Reserve Status"
http://www.realclearpolitics.com/video/2015/08/11/kerry_if_congress_reje...
Reminds of the "there will be tanks in the streets" threat for the big bank bailout