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Politics : Welcome to Slider's Dugout
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To: roguedolphin who wrote (9617)5/15/2008 12:22:15 PM
From: RonMerks  Read Replies (1) of 50303
 
Gold & Silver arent buying phony CPI numbers!

Yesterday all the so called 'inflation' trades sank on the bogus CPI numbers- but today that's reversing. They actually showed gasoline as a NEGATIVE because of 'seasonal' adjustments. Try telling people at the pump that gasoline went down and theyd look at you like your were nuts. I cant believe the market actually rallied on the bullshit CPI numbers. Santelli and crew wearing chef hats for- 'cooking' the CPI numbers is classic. They ought to be doing the same thing everytime one of the major banks reports its numbers.

Still puckered and short USO <vbg>- I may be early. But its just a small initial entry.

Everyone is trying to tell us the credit crisis is over but the XLF financials arent showing it is-



I think fundamentally the XLF gives back all gains since 2002 and hits, or dips below 20.

Ron
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