Draghi-Dip-Buyers Send Stocks, Crude To 2016 Highs; Gold Slammed
Was there ever any doubt...
So this happened...
Yes it is all very exciting, but year-to-date, Gold is outperforming The Dow by 20ppt...
For the best year since 1974...
Was there ever any doubt...
So this happened...
Yes it is all very exciting, but year-to-date, Gold is outperforming The Dow by 20ppt...
For the best year since 1974...
By The SRSrocco Report
It's no secret to the precious metal community that silver is one of the most undervalued assets in the market, however 99% of Mainstream investors are still in the dark. This was done on purpose to keep the majority of individuals invested in Wall Street's Greatest Financial Ponzi Scheme in history.
Draghi shot his ‘bazooka’ today and the initial reaction from investors is telling, according to BofA's Michael Contopoulos. The price action in markets (equities down, US rates higher, strength in the Euro) suggests that investors focused more on the signaling of no further interest rate cuts than on the reductions in three key interest rates and the additional bond purchases.
Authored by James Price, Shane Obata and Richardson GMP, via Valuewalk.com,
When we last looked at the $2.9 billion Horseman Capital, we reported that not only has the fund which many have called the "most bearish in the world" generated tremendous returns almost every single year since inception (except for a 25% drop in 2009 after returning 31% during the cataclysmic 2008), but more notably, it has achieved that return while been net short - and quite bearish on - stocks ever since 2012.