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Saturday, June 11, 2016 12:11:30 PM
If it does come down I am buying more call options. I just don't see a big correction coming. Of course it will have a week or two of it coming down $2 or consolidating but I can't imagine a pull back any greater. You can smell economic disaster in the air. Did anyone read how some EBT cards did not get filled and they still have zero balances on them? In some cases these food stamp recipients are eight days past due on their benefits. A sign of things to come. Back in the 30's they had soup lines. Because of the food stamp program there is no soup lines. What are all these people going to do if they continue to wait for their benefits? What will happen to all these people who need the gov. to take care of them can't get any benefits because we are out of money? This is not good. Sure there maybe a pullback but don't expect a big one. This country is in deep financial trouble. Do you think people in Venezuela wished they owned gold or silver? I bet those who did are doing better than those who didn't.
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