Silver leads... are you following?
SLV up 3 x GLD again today.
Up +2.25% even with the dollar positive.
GDX/HUI up .58%, but silver stocks up 4-5-6 x that.
HL + 3.68%
CDE + 2.37%
SLW + 2.11%
PAAS + 1.77%
Always take what the market gives you...
Given what's happening with Treasury auctions, the Chinese,
Geithner loosing it, and the American people rising up...
Even if they cap gold, the anti-dollar money is going to
go somewhere else. It's not going to disappear.
And right now, the market is giving us a "discrepancy between
price and risk" trade in silver.
And remember, the IMF doesn't have any silver to dump.
SOTB
PS: Here's another pretty good risk:reward trade, on yet
another laggard that may fill it's gap to other commodities.
....DBA the ETF that holds corn, wheat, soy beans and sugar.
I sold some puts in the DBA etf over the last week, and
would be buying shares on any weakness.
While US crops overall look to be fine, globally there's
been a terrible drought. And there's a serious problem
with this wheat rust fungus.
DBA is a great commodity laggard trade here as it's only
20% off it's lows from last fall's market meltdown.
PPS: Webster Tarpley reporting that the Saudi's
may be building an alliance with Russia, because
they expect a US economic (political) collapse.
Nothing like a major geopolitical realignment to shake
the core of the Anglo-American empire.
If true, talk about Biblical...
Looks like someone could be financing
both sides of a World War once again.
And we'll send millions of our kids as Kissinger's
cannon fodder, to die for Globalist Bankers, so the
US can dig its way out of a Bankster created hyper-
leveraged, debt and derivatives, boom to bust depression.
Ending (not just auditing) the Fed, has a greater
sense of urgency now. |
