The Fed tomorrow has the weight of the world on its shoulders where one slip up will cause world wide economic collapse.
As they say in sports "we had our opportunities and we blew it."
Tomorrow is the day to turn the tvs off and see how the world does react to the news.
As I spend more time watching the markets, it seems that I need to be going for walks and thinking things through. It is the only way of separating oneself from the gamblers which tomorrow is the ultimate one.
It really is like the Rockies/ Red Sox series where there was no upset and the big money won, because it was the smart money as well. Smart money has already told you what they think: the dollar decline keeps asset producing equity up as well as the commodities it needs to consume. But also the ultimate currency which reflects the debasing of others: gold.
But the question for me is : silver. What is going on? If it's an industrial metal then it is woefully underpriced especially since there is a production deficit. If it's a precious metal then it should be retracing 1980 levels as is gold. And should be at $50 an ounce.
Silver for me should be the winning commodity so buy as many silver companies as possible.
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