Tough to be long commodities for an extended period of time: you got to be right quick otherwise contango will eat your lunch month after month...
Publicly available statistic, Berkshire ain't computing anything. St Louis Fed website. https://fred.stlouisfed.org/series/DDDM01USA156NWDB...
My trading signal got me in Gold, Silver and oil. Been in Copper last 6 months. If (that's a huge IF) my trading signal is worth something,...
Vanguard Commodity Strategy Fund (VCMDX). Beats the heck out of the Bloomberg Commodities Benchmark thanks to active management of maturities to...
No disrespect to anybody but I don't base my opinions on that of ET's "experts". Especially those that haven't even read Taleb's books and...
Human brain is hard wired to find patterns in random suites. Don't waste money on BS software: try to think out the box and see randomness where...
You permabull? Crash is a rally in your book? We had great rallies in 1929, 1987, 2000, 2008 right?
Never said it was a rally. Large moves after 3:30p, more like 3:45 mostly. Up or down. Been there for decades.
You ain't been around long, have ya? Been that way for years, decades even. Algo trading, big boys running the stops, shaking off 1% equity day...
It's headed up there lol
Market blasting off to Uranus lol! Apocalypse doomsday baked into end March prices, then US/Others decisive policy response and now global Covid...
Han bully shows his true colors.
Thanks, interesting article. I'm generally wary of ZeroHedge conspiracy theories but this is a plausible and solid explanation: Covid threw a...
"there is no contango in gold." ????
Yup, other side of the same coin. Not sure what's causing it. Maybe some central bank (Turkey? Iran?) needs $$$ and swaps out their gold but few...
Jun-Aug $12.50 Aug-Oct now $7.00 Any reasons? TIA
I'm all for it. That'd be fantastic.
Exactly, that would be ideal.
Thanks, helpful response. Guess I'll keep doing what I'm doing now.
Sure does: it is a security position, hence it's not commingled with other clients holdings and it's protected by SIPC. Any security is, even a...
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