Atomik, I read this article on Bloomberg about Credit Swiss urging clients to buy USD, so I thought WTF and I bought more BDR. My way of thinking is if these F$%KERS at CS are spruiking the USD then to do the opposite may be a cool way to go. I read that in the US consumer inventories are building up, especially used cars, freight volume is sinking like the Titanic, manufacturing lost 29000 jobs in March and there are a S#$T load of companies going belly up, but with the Dow now at 18004.16 and unemployment at 5% what excuse is Yellen MaGoo gonna have for NOT raising rates? Something is truly rotten in Denmark! I could be delusional, but I still reckon that gold and silver may still be a viable alternative just in case the SHTF? http://wolfstreet.com/2016/04/19/inventory-glut-weak-consumer-demand-sink-u-s-freight-volume/ http://www.bloomberg.com/news/artic...to-buy-dollars-as-singapore-fuels-easing-bets
BDR Price at posting:
30.3¢ Sentiment: Buy Disclosure: Held