Loading ...Negative surprises are always bought in the SM! 
But Ipso
maddog
No doubt the ridiculousness of the defense of $21 and $1310 are just so blatant.
Seems to me they can keep it going until the USD finally dies and that could be a very long time.
Maddog @ 9:19
“The Russell 75 times earnings”
Better not be any negative surprises!
Deadeye
I sure enjoy reading the Deadeye Chronicles. I’m looking forward to reading the few I haven’t seen yet! 🙂
richard640
re Willie
They can keep gameing for ages yet, as there is no-one to stop them…except that they have to keep the SM going north, but with rates held near zero the economy will stagnate/decline as it is now, mainly because the consumers who are the middle classes are being screwed to the wall, they have no spare income at all. So earnings in the SM will start to decline and therefore the P/E ratio will go crazy…at some point they have to back off or drive ratios to insane levels….I hear the Russell is already at 75 times earnings !!!!!!
http://online.wsj.com/mdc/public/page/2_3021-peyield.html
PS the defense of 21.00 in Silver is just so blatant.
Good morning Oasisers :-)
ATAC Announces Positive PEA Results for the High-Grade Oxide Gold Tiger Deposit, Rackla Gold Project-Yukon
Freeport-McMoRan Reports Second-Quarter and Six-Month 2014 Results
http://finance.yahoo.com/news/freeport-mcmoran-reports-second-quarter-120000498.html
