Loading ...maddog – that joke the kid told was hilarious! The CIA cartoon seems right. Most people don’t realize that the CIA isn’t actually loyal to the US Gov’t. Their loyalties lie with the International Banks and Globalists. They don’t work for us, we just pay their bills.
Alex – really interesting about the peso. I’d think most S. American currencies would be weakening against our “uber strong” fiat toilet paper.
Speaking of which, the dollar was down a bit earlier but since has started creeping up towards the flat line. Algo’s are set to strengthen the dollar when rates move higher and the 10 yr. is up 3 bips above 4.35%. Going to be tough to keep the buck down today. Course, pm’s have known this all along as they’ve not moved an inch in the last 5 hours.
SM appears to be a little weak, I doubt that helps the shares. The shares were weak yesterday, especially the silver shares. Only sector where gains in the underlying commodity don’t necessarily translate into gains in the producers. Oil pushing $92, just goes up every day. The metals need to get moving.
Really hoping we put some kind of major rally together in the last quarter this year. I don’t know though, more tax loss selling? Have to remember to stay the hell out of the shares during the summer months. They always stink.