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Futures 200+. Good time to get defensive.
Best offense and defense in this situation is to hold what you have, wait for that 1.4 trillion to be injected directly into the european markets.
If you aren't playing, don't even go near the markets. It's not worth the stroke purchased in installments.
This reminds me of the Christmas dead cat bounce in 2008 after the Nov collapse. It's a bear and bull trap. Neither can play effectively.
another hail Mary pass by the PTB to get threw the weekend.
a truly great day for our proletarian compatriots. more free shit for all, forever.
2 letter weekend Au Ag
Don't forget Pb...
dont catch VD or you will see the M.D for IV in your PP.
Wow, we've had nearly a 20% rally in one month on a whole lot of nothing. Not one thing has been solved regarding debt spending problems.
Fun isn't it.
It didn't just solve any debt issues, it added another 1.4 trillion to the problem.
Can't wait to see who cries first. Should be telling
govs in SA you cannot have your money!!!
Argentina ordered oil, gas and mining companies such as Xstrata Plc to repatriate all future export revenue as the government struggles to stem accelerating capital flight from South America’s second-biggest economy.
lol. free markets. wtf.
Today you buy the dip.
So, what happened to the old adage, "Buy the rumor, sell the news"...
i think it became:
"When the world is ruled by fascist scum, you just buy. And don't try anything stupid and protect yourself in anyway with 'traditional' items... 'cause we'll f**k you good jack"
you can only buy nowadays, bc selling is prohibited
Just BTFD and remember that raising cash is raising shit. Eurozone and U.S. bankers are trashing the integrity of their respective currencies and they know it. SHORT cash; don't go LONG of cash by selling assets like stocks and commodities. The worst trade EVER in Zimbabwe was selling stuff to buy cash because you wanted to get "defensive".
Never underestimate the replacement power of equities within an inflationary spiral.
Ask an old German how 1921-23 was....
"Risk on" has unfolded as expected. Equity futures are up big with the USD down big. The ES, SPX, DX, AUDUSD, EURUSD, and USDCAD charts all have more room to run for the current moves.
"Risk on" has unfolded as expected. Equity futures are up big with the USD down big. The ES, SPX, DX, AUDUSD, EURUSD, and USDCAD charts all have more room to run for the current moves. http://bit.ly/rDcoCc
Eurozone and U.S. bankers are trashing the integrity of their respective currencies and they know it.
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