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A Broad Sell Off In The Metals

Cory
December 5, 2017

Chris Temple joins me today to share his thoughts on the sell off we are seeing in metals. Whether you look at the precious metals or base metals they are all getting hit today. We also discuss the rate hike that is on tap for next week and how a more hawkish hike could further push the metals down.

Click here to visit Chris’s site for more comments on metals, markets, and stocks.

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Discussion
12 Comments
    Dec 05, 2017 05:25 AM

    Bye, bye…………..
    WASHINGTON (Reuters) – Democrat John Conyers, the longest serving member of the U.S. House of Representatives, announced his retirement on Tuesday, amid accusations of sexual harassment, and endorsed his son to take his place in Congress.

      Dec 05, 2017 05:26 AM

      Swamp creature……..eliminated…….
      Jekyll Island………..Next

      Dec 05, 2017 05:32 AM

      1He that dwelleth in the secret place of the most High shall abide under the shadow of the Almighty.

      2I will say of the LORD, He is my refuge and my fortress: my God; in him will I trust.

      3Surely he shall deliver thee from the snare of the fowler, and from the noisome pestilence.

      4He shall cover thee with his feathers, and under his wings shalt thou trust: his truth shall be thy shield and buckler.

      5Thou shalt not be afraid for the terror by night; nor for the arrow that flieth by day;

      6Nor for the pestilence that walketh in darkness; nor for the destruction that wasteth at noonday.

      7A thousand shall fall at thy side, and ten thousand at thy right hand; but it shall not come nigh thee.

      8Only with thine eyes shalt thou behold and see the reward of the wicked.

        b
        Dec 05, 2017 05:45 AM

        See Braveheart?
        “I was talkin to god, he says Im fine but your @#cked”

          Dec 05, 2017 05:48 PM

          James 3:10
          “Out of the same mouth proceedeth blessing and cursing. My brethren, these things ought not so to be.”

    b
    Dec 05, 2017 05:43 AM

    Thx for comments Chris/Corry
    Chris sounds like he agrees with Jordan.

    Everyone expects a rate increase except for Rickards(always gotta be one)

    Bob was saying he has hopes for $1200?

    I like Jordans thinking, we break below 1260 and its down we go.

      Dec 05, 2017 05:11 PM

      I like bobby’s key phrase………”nobody knows anything”

        b
        Dec 05, 2017 05:01 PM

        jordan seems to be pretty good.
        chris too of course.

    Dec 06, 2017 06:30 AM

    Now is the ideal time to buy XOP as it has come down from 36.9 to 34.50. I had mentioned oil would come down to 55.50 to the 56 area many days ago. I started buying back xop too early.