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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (108531)4/9/2018 11:50:14 AM
From: Real Man  Read Replies (1) | Respond to of 116836
 
The market usually does not care about which party or who is the president unless he blows up the world, which unfortunately some Republican Presidents tend to do. Bush went to Iraq, Trump so far just cusses at Asia including his verbal exchange with North Korea. The market normally rallies more under the Democrats, even though they are assumed to be socialist. They are bought by the big technology Silicon Valley types. That is because Silicon Valley happens to be located in CA, and CA is a very blue state. So they buy Democrats. A technology rally means SP rally too. Reagan was the last Republican President under who the market did very well.



To: Rarebird who wrote (108531)4/9/2018 3:37:33 PM
From: Real Man  Read Replies (1) | Respond to of 116836
 
Cuban will be forced to buy back what he sold naked, if it does not make him bankrupt. The latter will make him hate gold even more. These dumbasses hate gold so much they rather buy negative yielding corporate bonds in Europe. I am sure the latter are darn cheap according to Cuban. He is one persistently shorting gdxj here, one who will push it back all the way to 150 as he covers naked shorts.

All positions became naked thanks to 10 years of nirp. Please, borrow more, we shall pay you. Who in their right mind will prefer negative yielding risky bonds to gold? Only those who push gold lower, because there is no reason to. NONE.

In fact, the fact that he is out with his gold short propaganda probably means we are getting close to breaking his bones, financially, in his precious metals shorts.