We are living in an upside down world.
Commodities down across the board. @Gonzificus the Chewbacca defence made perfect sense and helped me understand the economic situation. Brilliant!
4:36 am POG @ $1127.00 POS @ $16.98
https://www.bloomberg.com/markets/commodities
Bond yields up
US 10 Year @ 2.58%
BUT Dow @ record 19897.98
US Home Builders Up
US Mortgage rates rising 30 year now @ 4.16%
BUT US Mortgage applications down????
US Manufacturing PMI rocking, BUT US industrial production reeling
http://www.zerohedge.com/news/2016-...nth-high-despite-plunge-industrial-production
4.6% unemployment???????
DEA agents frustrated that they face challenges arresting cannabis users in US states that have legal marihuana laws. What has this to do with POG or BDR? Sweet FA
EURO/USD @ 1.0409
USD/JPY @ 118.0400
This is GREAT for US imports, but what about US exports?
IMO the only reality is physical GOLD & SILVER. BDR should be a bargain when ASX opens. DYOR
Thanks to being in such a financial hole it is forcing me to increase my knowledge as a trader. Now I know a little bit more about the stock market, currencies, bonds and commodities. A VERY expensive education and I still know Jack Merde!
"Buy when there's blood in the streets, even if the blood is your own." Baron Baby Rothschild.
http://jessescrossroadscafe.blogspot.com.au/