The Art of Investing Message Board

STOCKTALK

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 Art of Investing

PICK 46.18

-0.3%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sun Tzu who wrote (5315)	8/30/2022 7:36:06 AM
From: Real Man	Read Replies (2) of 10599

The question is, in which directions these inventories are moving. Are they increasing or decreasing? Remember, there was a LME default on Nickel February-March. That said, I am sure there is no shortage of wise guys shorting metals on paper because rates are moving higher. Dollar rates - positive and rising, metal rates negative (storage cost) what can possibly go wrong if you do carry trade on infinite Fed supplied leverage? It’s the same uselessness argument as for gold. Russia is on gold standard now. Go crash that rouble. More will follow. Fed money is like Luna crypto, infinite supply. Paper commodity and currency markets based on carry are terra Luna. The stakes are about 1000 trillion notional based on much smaller depleting physical. As long as it is not fully depleted they win. When it is fireworks and defaults and blown up counterparties. We are approaching the latter. Electricity is 70c per kw in Germany now. Go green! Winter in Europe should be fun. Buy Spx buy arkk, preferably on leverage. -ggg- We have thousands of zig and zag chaser funds in the US and the sea of liquidity receding.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next