Metals stocks are still stocks though, and when the fear gets thick enough they get sold too, even PMs themselves, everything takes a hit ... like it or lump it, for the great majority of players swinging the great majority of assets, the US dollar is still the 'safe haven' ... makes no sense, but that's the way it is
Takes just the right amount of fear, directed more rationally, to shift assets from paper plays to real efforts ... and we've been getting that lately - peaks of fear can't last long, the adrenalin runs out, resignation and what-to-do-next comes along
It's all about this 'bad bank' now, sweep crap under the carpet, then no one will notice ... right-o ... well i don't know what to do, except maybe suggest a rollback of fiat, something like discounting all debt out there, which would screw savers sure, but then they saved in fiat didn't they
'10,630,872,460,279.50' - brillig.com
Two interesting posters [and posts] - Message 25372770 Message 25372377
stockcharts.com
stockcharts.com - less than half recovered from march high, but quite bullish |