Skip to comments.Daily finance & investment thread (4-2-13 edition)
Posted on 04/01/2013 11:02:07 PM PDT by dennisw
Daily finance & investment thread (4-2-13 edition)
Trying to focus on the markets for today and each day and the economic news
This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can
chime in how Obama is out to wreck American capitalism.
If you see another FR economic thread you like and want to link to it here, please do
Post your favorite economic site links. Your favorite economic blogs and precious metals blogs and sites
Apmex.com is a solid place with good reputation to buy precious metals and has great presence on ebay for easy quick impulse buys
such as a gift for a college boy's graduation. College Girls too! Even high scoool.
Kitco is the best site for gold and silver charts and other precious metals information
Ping list -- on or off let me know here or via freep-mail. If I missed you then Freep-mail me
I might ping you to other interesting economic threads a few times a week. One per day maybe
Sites that posters have reccommended ------ zerohedge turdferguson
The actions of the Fed have contributed greatly to the rally. As long as they continue, the party will go on. They say they won’t back down until economic indicators like employment improves, so for the market, bad news is good news!
AKS is a steel company and it has fallen from over $90 to $3.17 all the while the dow has been climbing. If the economy is roaring, I guess steel is not part of it.
The Tues/Friday rally continues....
Practicall ALL of the increases in this latest bull run, have happened on Tuesday, or Friday.
Nothing unusual about that... I guess???
(gold down about $25 today)
JIM SINCLAIR post for today:
My Dear Extended Family,
This is a massive attempt to break gold in order to camouflage the weakening Western banking sector. Paid bashers are flooding in to all pro-gold sites and many other pro-gold sites are under attack in other ways.
Gold banks are flogging the paper market seeking to depress the price but without selling too much.
It is so obvious that this is a gold bank organized strategy to keep gold under $1600. Old lows will hold and the reversal will be at a spiritual level.
My strategy is to simply to do nothing.
Schnitzer is also way down since its 2008 peak when I followed it
Here is something on what higher interest rates will do to our present “boom”
Thanks for linking this.