Put An Ice Pack On That!
You wanna play this game then be prepared to have your ass spanked. That’s the game right now. You are NOT wanted in this trade. Not even a little bit in on this trade. Its so bad that the miners themselves are being told to cease and desist. If you are a PM miner the word is out from the top…….shut up and don’t pop your head up. You are NOT part of the plan to save the world. I think I like this. VERY negative sentiment developing for months now on the PM miners and the strong hands now control the trade. If the masters of the universe want to keep pushing prices down then I will tell you right now that there is money taking orders quietly. Still have reserve cash too and will continue to buy on further beatdowns. No buying today. May buy tomorrow. Right now just watching support holding in most if not all of my miners so patience is a virtue here.
There are continuing bank runs developing momentum in Italy and Spain now and the central banks are desperate to build confidence. A run at the breakout in the SnP is certain. We are in the most amazing display of central bank power and to watch the level of coordination between the media, pundits, hedges, bankers, and politicians makes one stand in awe…….and perhaps slightly nauseated. Just remember if you want to play in the casino you have to know who owns you…….gl
Read more at Great Depression 2
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