http://www.businessweek.com/news/20...ore-fed-meets-on-bets-growth-will-suffer.html It's the bond auction and Bernanke announcement next week, methinks. Wall street still choking on the olive in their martini that went down the wrong way when S&P suggested US could lose its AAA rating. Their "break glass in case of emergency" box has a big "buy silver" button inside. All blindingly obvious to most, I know....
It's also up and down like a yo-yo because of the relatively few trades going on. I don't know why it's moving on a public holiday at all, to be honest.
snacks anyone?...tea, coffee, cognac/port, perhaps a shot of schnapps to settle that last gut wrenching plunge ..heehee. Speaking of dip, would you like a corn chip to go with that?...oh I see it has spiked again, perhaps a calming sedative to settle that euphoria. In all seriousness, I can't see it losing ground anytime soon. A good time for me to hit the hay.....I'll clean up in the morning. Nitey nite all.
I'm off to bed Night Stackers. I don't read too much into what has happened tonight. I'm off to my bunk to dream of choc bunnies with silver tails. Goodnight Night Stackers Regards Errol43
Up and Down. Someone will write it up soon to explain it all. Harvey Organ will probably go into the details. I see zero hedge has a small piece on it, but is not much help. I think it is just a mirage.
All quite on the North Sea. Can't see any silver icebergs on the horizon. All hands stand down for tonight. Regards Errol43
night all, came back from bird watching, seeing REAL kooks while thinking about the shiny ones , opened excel and stuff just to see that the fiat worth of my stack increased even when the market is closed!! ...Cought up with the story and all but my question is do you know who this geek intern at FED is, running all these market simulations for Bernanke? I suppose he would like to see what will happen when he bails out JPM
