Ben is taking his ball and going home

Remember when you were a kid at the park playing ball. There was always a kid there when things weren't going his way he would take his ball or toy or whatever and go home leaving the rest of the kids hanging. Well thats what is happening right now with Ben. His QE program has failed and he is going to take his toys and go home. He will show us, teach us a lesson.

In his speech he blamed oil and supply disruptions for the sluggish growth (what growth?) and said the second half of the year would be better but told us nothing about what they are going to do to make it better.

There is no hint of an alternative to QE. NOT A WHIFF.

For the next few months the world will go into a depression without a plan, PERIOD! Whats the plan Ben?

Do I want to short this market, I tried last summer and broke even. Its just too hard because everything is news driven and you lose everything you made from the day before in the premarket. You have to have a crystal ball or be GS or JPM who actually get the crystal ball courtesy of the FED.

I'm expecting a lot of volatility here in the summer, indicators are currently lining up for a rally, but for me CASH IS KING RIGHT NOW, even if it is being devalued by the ever lower dollar.

Silver and Gold are selling off as well Silver more than gold. Things could get really ugly over the next couple of months.

Should have sold in May and gone away.

still expecting a rally Ben sort of killed it yesterday, we are oversold

only thing that looks good

turning up

Despite no talk of QE dollar heads lower, despite it going lower Gold and Silver head lower.