Anyone else hoping prices keep falling?

Too many people want an "investment" to be something they double their money in in a short period of time. An investor who can gain 5 percent a year for 10 years is outstanding. Anyone who claims more than that may be running a ponzi scheme,

 

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I wish something would happen, either up or down. I've still got a good portion of my rollover in cash (within an IRA of course) from my old job. That's going on six months now. I'd like to see silver either go up $8 or down $8. That would at least give me something to do.

Right about the time everyone is certain of a market direction is about the time everyone is wrong. I'm betting 2016 will be a better year for commodities and stocks. The only reason I believe that is because there doesn't seem to be any optimism left in the marketplace. Anywhere.

 

This is why I believe it will be turmoil for the markets. Along with the election year uncertainty. I am betting against the market, but I'm not out entirely, and am prepared to jump into either side.

 

I have made some defensive adjustments myself, the equity market looks and feels toppy to me. There is a real lot that can go wrong. Normally I would just let it ride, but closing in on retirement, the timing is not good. So, I have one foot in and one foot out. With all of this though, I don't think commodities are the way to go unless we start to see weakness in the Greenback.

 

I would love to see $12 later this year! I will be buying another $50k before 2017..I can only dream of $12.

 

All of the stars are in alignment for further strengthening of the dollar. The poor house is just around the corner for many commodities producers.

 

No....

 

That is the way I see it too....

 

Speaking of sure bets - how many went out and bought Powerball tickets today?

 

I am in 4 office pools, I probably have partial ownership on over 200 tickets. That cuts my odds down to just over 1 million to 1

 

I picked up two tickets winning the powerball is going to be a curse more then anything. Be prepared to talk to the Media and move to a bunker and hire a personal body guard.

 

Welp, I've been collecting "underpants" for the last year or two. I believe now begins phase 2 - ?/hold (depending on who you ask). I am considering one more "back the truck up" move in PM, and I believe 2017/2018 we will begin phase 3.

All summer the pundits were being quoted as leveraging cautiously and moving into stronger positions in cash and in some cases PM.

I followed suit and have moved to a 60% cash position in mutual funds (stable value, money market, bonds). Still skin in the game, but winnings off the table. I'm able to move back in at anytime.

The Dow is now approximately 15% off of the all time high back in May, and it's struggling to maintain 16k.

I believe we are now beginning the official "Silly Season" in politics with a lame duck president and the turmoil will only grow.

Place your bets folks!

Hold on to yo' @ss Fred!!!

 

I think you can remain anonymous but I do believe some states require you to be identified

 

Bought 5, at least Calif. won't tax us on the winnings

 

Please don't start putting ideas in anyone's head.... Please!

 

Yeah I bought three combinations. Ticket already in the trash.

 

I did better than I did at the casino. At least the money lasted 2 days. (I bought my ticket Monday).

 

The equities market has one bullet left in the chamber - better than Street-predicted earnings results. If stocks pull that off, then a nice advance is likely, 'cuz there's lots of downside assumption built in now. Only question left if profits exceed guidance - .... HOW? Who has money to buy?

 

I'm still almost 20% cash in my accounts. What to do with it if the fall happens is still beyond me. Companies I thought were quality are getting murdered right now. The next wave of disappointments will be dividend reductions and suspensions accelerating.

 

As to the OP's original topic question: who hopes (metals) prices go lower? Oui, moi.