Better to own Silver today, than United Airlines stock ... of course the jump, seems to coincide with a couple tweets ...
We do live in interesting and dangerous times. Another 'quickie' appears, so I wondered how many just hung tight, with hope, afraid to book a gain , or a loss later, how many sold a lot as they expect to buy it back very soon as before, or the optimists who are practicing their " Going to the moon or apocalypse , which ever comes first"
I think it's a crapshoot but I guess some people are talking about major sell offs, major purchasing, and shorting.
political uncertainty. tweets throwing uncertainty, which means a shift to PMs then when it drops you have the options people dumping. and just plain craziness.
I know this article isn't about PMs. But the concept can be carried out with the same methods to affect PM prices. ==> http://www.marketwatch.com/story/fake-news-fraudsters-find-new-ways-to-trick-traders-2017-04-12
This is nothing compared to 2011 or 2008, but there do seem to be some similarities with how tensions are escalating so that could change. The shot in the arm the dollar got from the recent election probably isn't going to last much longer with interest rates rising and budgets not being reigned in. I'm a buyer right now in spite of the minor price increase.
Potential false flag in Syria, whether or not that is the case it is escalating geopolitical tensions to blame. Same as with Libya in 2011. Maybe things calm down, or maybe its time for the bull market to show up again. The downtrend from 2011 is about to run into the uptrend from 2000, after which we should see a decisive move one way or the other.
Or I bet this could put a hurting on things also.: A lot of talk recently has centered on bringing manufacturing jobs back to the United States. While it’s true that the US has become much more productive in manufacturing over the past decade, it’s going to be tough to bring back massive jobs because of wages. According to Bloomberg, the average worker in the US makes $59,000 a year. In Canada, workers there make $48,000 a year. In Japan, workers make $36,000 a year. In Mexico, workers make $15,000 a year. Sure, financial adviser Rick Reagan says that some high tech manufacturing jobs can come back to this country.
All markets are acting scrambled this week, which isn't unusual for a holiday week (Good Friday). Bond prices up, metals prices up. Stock market down a bit. Some money being moved around.
Are those mean or median values? It they are the mean then the US figure is probably skewed by all the multi-million dollar earnings of CEOs and entertainers.
Meh. There aren't that many CEOs or well-paid entertainers. (Even if you properly include politicians as "entertainers".)