SPDR S&P 500 (SPY): THAT IS WHY I LIKE IT! There is so...

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Re: TR4GEDY post# 124931

Thursday, 10/30/2014 1:53:51 PM

Thursday, October 30, 2014 1:53:51 PM

THAT IS WHY I LIKE IT!

There is so much Pessimism towards the Metals with nothing seemingly on the Horizon!...Reminds me of the Equity Markets just a little while ago and LOOK AT THAT "V"....Now there is renewed optimism for the US Dollar and GOLD and SILVER appear dead in the waters; But how fast things can change!....The GOLD and SILVER stocks are down to multi-year lows and looking awful...so as the Contrarian that I am....I am watching them carefully for a "catch-up" and potential asset allocation scenario...There is lots of money on the sidelines and some possible profits that have occurred on this BULLISH move that may be looking for value; It may be that Quality GOLD and SILVER miners start to SHINE AGAIN SOON!!!

Lets see how things unfold over the coming Months!!!

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