Loading ...Numbers are surely astronomical now. Question is what do the Banks do with that. I think we get a pull back but it is not certain. Consider the YUAN may devalue on Sunday night or soon thereafter in response to rising US$. Demand for PM physical now high because of the fear of more EXITS and the Euro being in trouble big time. Equities not exactly looking like the place to park money either. Who will win? The Banks always have till now. BUT they may be in for a epic moment of capitulation if they fold their cards and take their loses. If I was a betting man, I would not vote against the Banks and their stratospheric level shorts. Just too much money to be lost and that could trigger derivative Armageddon IMO. So what do we root for? OK, so we give them their pull back to a degree and we kick the can further. You know all the CBs will be supporting the currencies to help out too. My advice is to keep stacking your favorite shiny metals!
Something else to consider and I would enjoy as I have some waaaaaaaaaay oout of the money puts on S&P that could use a jump start.