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Thank Goodness! Now maybe that double boot on our neck will ease off.
I don’t really know but it’s likely the cretins have a big load of short positions now plus they have lured the hedgies into being short too … a perfect time for a rally. Or is it ravings?
CHAPEL HILL, N.C. (MarketWatch) — Rarely are investors served up as ideal a buying opportunity as currently provided by the Chinese stock market.
That’s because the Shanghai Composite Index SHCOMP, +5.76% has fallen so much in such a short period of time: 32.1% since June 12, or 17 trading sessions. That means a prospective rally becomes an attractive contrarian bet. And even though a rebound might be only a dead-cat bounce, it still could be substantial.
Maybe you’re not comfortable buying into a market that seems destined to fall even further. Whoever said it’s easy to buy when blood is running in the streets, as that famous contrarian Nathan Rothschild once said?
Time to buy stocks with both hands-just put your money into one of the fidelity stock index funds-and just sit back
and watch it grow—all the fuss over greece and debt!! what a joke!! u.s stocks were down what? 5%-6%?? way too many calls for the end of the world
U.S. stock futures and euro futures are up big—the crisis is over! Forget PMs-just get your fidelity funds in the morning.
we’ve seen this movie for the past 7 years-why should this time be any different?-faith in central bankers is solid…too bad Zero Hedge…better luck next time…
the “macro” in the U.S> is in great shape-they are praying for a 10% correction–their buy lists are ready…
Incredibly, they may be right–it’s worked for the past 7 yrs–we’ve seen the blackest gloom just end and overnight U.S. stocks are the most bullish vehicle in the world–they are a pouring of diamonds and rubies…Nay!! Better even! And the blind panic to buy….quickly recoups all the losses….
A mate has hurt his back skiing and is now in near constant pain, he is an ex dentist so is well aware of most pain killers, he has yet to find one that does the job…..so tried marijuana, that gives him upto 2 hrs relief…not enough to sleep, but at least he gets some relief.
Big Pharma have a lot to answer for.
Re Silver calls…it may not be buyers, it could the shorts pileing on via options and no doubt not bothering to delta hedge anything.
They’ve been running this anti-fish oil campaign for a few months already—it’s not enough they want to force their drugs and vaccines on the population, they also want to take away anything that would give someone autonomy over their own health-they’ve been trying to get vitamins and other supplements available by prescription only—cause they’re dangerous—never mind the horrific side effects of the big pharma drugs—like death-stroke heart attack and cancer etc etc—-side effects that -by law—must be read slowly in a clear voice after each commercial
I just checked-it it gapped open 2 points then did a nose dive-look at this graph-also all the big silver stocks took a dive-but slv and uslv are keeping their big gains-everything is screwy with the PM complex–nothing can be handicapped except the constant selling of every rally
Iron ore prices continued their losing streak Wednesday with the steelmaking raw material dangerously approaching the $40 a tonne-mark, which would put most small and mid-size producers too close to start losing money.
The Chinese import price for 62% iron content fines at the port of Qinqdao lost $5.01 or 10.01% of its value to $44.59 a tonne, the largest percentage drop on record, data from The Metal Bulletin Iron Ore Index shows.
The situation is likely to get worse, say analysts. Brazil, the world’s second largest seaborne producer, unveiled data showing that output continues to increase.