 |
| Since I have a bias towards the risk or inflation trade (the primary reason for starting this blog) i'm am hopeful that copper is signaling that quantitative easing coming in some way shape or form. There are lots of big money managers who feel that QE will not end today. They may put lipstick on that pig and may call it something else but we all know Bernake is a deflation hawk so to speak and he will push money into the system. Copper maybe signaling something to that nature. Cu is certainly can not be signaling that the economy is growing. |
 |
| Since options expiration day silver has started to rally, its also getting a boost as the dollar has been selling off as have bonds. Everything seems to be perfectly coordinated. what does it all mean. Of course these markets aren't manipulated. |
 |
| Gold didn't sell off as much as silver not by a long shot and its not bouncing as hard as silver is. According to some this means traders are will to take more risk. |
 |
| These moves look to good to be true. I have my finger on the trigger a lot of people are expecting reversals this week. Keep an eye on the long bond, it paved the way for this rally and it can take it all back in a blink. |
 |
| If oil can get above the 200dma and build a base above it (or breakout), it will make me feel better about all commodity assets. |
No comments:
Post a Comment