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Remember the quote of Livermore…..”I made more money setting on my hands”
Thks jerry bought more physical silver added to the NEW Keithneumeyers co first mining finance I think he is a solid bet for future success.
Looks like a good buy at these prices………..
I do remember that quote.
Yep
I got booted out of a gold bear trade today. I am locked and loaded for some small plays this month. Just waiting to see what Yellen is gonna be yellen about at 2pm. lol
Heck even GARTMAN IS SETTING AND WAITING………………..LOL
Keep your fingers crossed, Jason
I decided to go a little long, up so far. We shall see.
And still up as of right this minutes
Gold down before BIG MOUTH speaks………….was up $16
4 more minutes until Yanet Felon speaks.
Can I panic now? …….. 🙂
oops………did she just open her mouth………
12:01 pm ET
Dec 16, 2015 ECONOMY
Fed Interest-Rate Decision and Janet Yellen’s Press Conference—Live Analysis
If you make it through the add it is one place to see live coverage.
There are probably many sites you can see it though.
They’ll be back at 2:30 with more coverage and Yellen clips on that link above.
The addition rate increases were spot on BY PINTO…(see at usawatchdog)
addition to additional….
Pento was also….talking INFLATION coming into the picture, which I think the FED now is playing with…..
Yep. Chris Temple was just discussing this yesterday and I posted an article that got into the “series of hikes” question. Cory has mentioned it before several times as well, that immediately after the announcement of the rate hike, everyone would switch to the debate of how quickly and how much will the series of rate hikes be?
It has already begun…..
Confidence is now restored……………….joy to the world………… 🙂
As Expected Fed Raises Interest Rates For First Time In More Than Nine Years
– Wednesday December 16, 2015
STALL tactic in place for 2016…….think, if they raise rates 4 times, then they can reduce rates 4 times……..
Good one FFM:
Worldwide Credit Bubble Bursting Now-Michael Pento
By Greg Hunter On December 16, 2015
http://usawatchdog.com/worldwide-credit-bubble-bursting-now-michael-pento/#more-16640
The link is above and the ad is less than 30 seconds.
You definitely have out permission.
How come gold come down 10 minutes before the announcement? Something leaked?
MAY BE…..computer program kicked in……..or the FAT FINGER….
Notice the spike both rose and fell Lawrence. That’s how you get scooped on both ends if you have outside buy orders or stops in place and its one of the reasons I don’t use them.
zerohedge site crash………………
Its very simple, I decided to go long a little bit, so, “bam” down it came. lol
Invariably just before I buy my monthly phz the price increases too. lol
They seem to be honing in on me with their mass surveillance.
At least for whatever I do with gold anyway.
what every you think…..do the opposite…….. …works for me………….lol
The Cartel is after you bb!
Do we have a ceiling on gold at 1075…………….
I do not that we have a ceiling at $1075
George in Seinfeld did that, worked great for him too.
Does seem that way sometimes.
Thing is, shares are so cheap now its no longer funny, even if they do get cheaper you still bought value. Not buying is like trying to resist temptation.
I wanted a little action today, expect them to be lower by next summer but Ill keep what I bought, couldn’t bring myself to sell this cheap. lol
George Costanza Does The Opposite
FUNNY………good one………..
Awe man…got a good laugh from that one…
😉
Excelsior,
Did you see URA? Those stocks might have bottomed here. I think EMs have bottomed too! Your thoughts?
I made a nice chunk of money so far in some of my uranium stocks today. I’ve been watching Ur-Energy (URG) and Energy Fuels (UUUU) as 2 bench mark stocks that I own, and then cross-checking them against Cameco (CCJ) and the Global X Uranium ETF (URA) for some kind of confirmation.
We have definitely started a bounce from earlier this week and I like the follow through so far, (even post-Fed announcement). Whether it is the big bottom is unknown, but I have much more of my Uranium positions in place than in the PMs at present. I’ve been adding to Uranium producers positions regularly with profits in other sectors, and have been averaging down cost basis during the bigger pullbacks. Then I trimmed the positions back into the strength as they rallied, and lowered the cost basis. I feel very comfortable with where the Uranium producers are at present and continue to feel they’ll be one of the biggest returns in my portfolio over the next 2-4 years.
As for Emerging Markets, I am not as sure. They definitely put in a short-term bottom last Friday and have bounced all week and are up today nicely. However, the global currencies are important to consider, and with the dollar still relatively strong, so I am not sure if that will continue to be a headwind to EMs. Also many EMs are very dependent on commodities which have been in the dumps. They are a mixed bag, and I still see some risk to EMs. So far it has been a nice bump though.
Agreed on all thoughts. The thing about the EMs bottoming is that most of the commodities ( like uranium ) will get the long term bid. This is some exciting stuff!
I also agree about the currencies too. Look at CEW. It’s telling the EM story IMO.
Miners at the 1942 low….if you look at other sectors………
Lots of stuff EM related on a buy…
We’ve got a ringside view to an economic death match. View McAlvany around 40 mins in. All in good time and PM stocks will soar.
I am all in nothing to do but wait…. Pretty simple for me..