on April 27, 2011 by ZooKeeper in The Precious Metals Alternative, Comments (0)
Silver Report and Analysis Market Close 4/26/11-Booya On My Commodities Call
Yeah baby, I told you all yesterday that this commodity doom talk was hot air and I feel a little gratified now. Lets get real here, the world markets are is so screwed up just below the surface that nobody really knows where the hell to put their money. The middle east is about to be on fire, the euro zone countries are imploding, we are imploding, and China is facing big inflation.
If you wanna see where the smart money really is playing around, look to things investors know other humans will spend their money on. Food, oil, fuel, and precious metals; all the commodities. I explained why the brief downturn happened already in previous posts.
Watch out for the Fed to take some wind out of the commodities sails tomorrow but I will judge the initial reaction to this on the Asian markets open tomorrow at 7:00p.m., they will be the least biased in my opinion. If the Feds hot air gets pushed to the side, I see the possibility for a strong surge.
Tomorrows reactions might allow some insight into the underlying market truths.
Tags: Silver Report and Analysis Market Close 4/26/11-Booya On My Commodities Call

No Comments
Leave a comment