SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: loantech who wrote (290148)11/9/2010 10:35:02 AM
From: TommasoRead Replies (2) of 306849
 
Can't remember for sure if you follow uranium stocks. UEX is up over 20% today, lifting it into one of my major holdings.

Looks like a commodity mania is under way. The thing about commodities, though, is than unlike dot.com stocks, you can't ramp up the supply by just selling paper. As we all know, of course. Supply can be increased over time, but even then is constrained by what the earth holds.

With the Fed supplying all the money and more than anyone can use, and with that money chasing limited amounts of commodities, well . . .

At 6:30 EST, approx., the tone on CNBC was one of assenting to the inevitable rise in gold and perhaps even its place once again in international finance.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext