Beautiful day today! Yesterday's selloff that wasn't has now become what futures trades call +0.30% for metals and +0.25% for stocks. Another thing is we'll only have to put up w/ MBA Mortgage Index, Crude Inventories, and the FOMC Rate Decision; headlines:
WTI -2.5% this morning...
“Gold to find floor in 2015, paving way for gains next year: Gold faces a third year of losses in 2015 as the United States prepares for its first interest rate rise in nearly a decade, but the market should also find a floor, clearing the way for a recovery next year...”
CHA-CHING! BTW, I haven’t lost a dime on gold in 14 years. But, you already knew that. I was strapped in for the downhill ride, now I’m strapped in for the uphill! Wa-Hoo! :)
I am waiting to hear Liberals demand Apple pay it’s fair share, that like Big Oil, their profits are simply too much.