What does this man of debt-leveraged real estate know about the factory floors he visits and delivers protectionist bromides to? Congratulations Trump, you just made an attempt to impair US manufacturing and as a humorous bonus, put a crap load of greedy traders off sides as they momo’d steel companies yesterday and get hammered today. As usual, you can click the headline for the article. … Continue reading WTF Does a Privileged Suit Know About Steel?
As of 11:11 AM US Eastern time 7 of 7 of my short positions are working and 8 of my 15 (non-precious metals) long positions are working. I am not a genius. I am a product of two things; 1) trying to have balance in my portfolios as opposed to leaning hard one way or another in this casino, and 2) an awareness of the … Continue reading A Strange (and Satisfying) Day
This morning is a microcosm of what we’d want to see for gold, silver and PM complex in a counter-cyclical environment. Even as USD settles after painting a bearish candle yesterday commodities, global and US stocks and bond yields are all pulling back while gold and silver are positive. This update is not to get hysterically bullish about gold and silver based on one pre-market … Continue reading NFTRH; Precious Metals’ Opposing Action; a Daily View and Full Review of the Bigger Picture