Yeah … I’ve Been Saying It

Posted on Nov 30 2016 - 10:35am by Dan

To quote Randy Quaid from “Independence Day” …

I’ve been sayin’ it.  Ain’t I been saying it Miguel?  … Yeah, I’ve been sayin’ it.

Gold.

Silver.

Bonds.

We stated weeks ago that we think it is unwise to be exposed to any of them, on the long side.  Pull up the charts.  At the time of this writing, Gold is down intra-day by -1.09%.  Again.   Silver is down -0.94%.  Long duration bonds are down another -1.38%.  

And that’s just on the day.

Yeah … I’ve been sayin’ it

3 Comments so far. Feel free to join this conversation.

  1. newlifewahiguru December 1, 2016 at 11:39 am - Reply

    You give the doomers too much credit. They’re already saying that they knew it was bonds all along.

  2. newlife December 1, 2016 at 3:40 pm - Reply

    I commented on this post, but i think i’d meant to write it on the last one about the recession. but it fits either way.

    people calling for a crash will find money moving out of anything and declare they were correct. in their minds, all markets are going up simultaneously or else it’s the end.

    • Dan December 2, 2016 at 4:14 pm - Reply

      Good to hear from ya mate.

      And that’s pretty much it in a handbasket.

      🙂

      D

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