Mining Comments

Anyone else find it cute that the DOW and S&P hold all their gains after the " Buy everything in site " no taper talk? And yet AGAIN the mining sector gets shoved back down to YOU MUST NOT PASS territory,  lol I mean really.

I'm not fluffing my position I'm just merely calling out the obvious to those of you paying attention.

What happened? everyone woke up and decided the mining sector was good for one day? Come on people. Miners and related are being Micromanaged to the Tick...Yet no one asks why? and Blue chips and related are allowed to continue on unabated, it seriously boggles the mind.

Bottom line the REAL economy is slowing down again as we can all clearly see. Growth is nothing more than numbers on a sheet of paper these days ...

Point is and you can book mark this post for future use we either ramp up QE or crash and burn, bottom line. Sure Corps are flush with cash, but how long does this cash last when one is buying ones own stock? We see the volumes..

2014 will be an interesting year to behold. The High Tech Sector is not one where I air my dirty laundry out to the world Via Facebook for all to see, so the profit level there is artificial growth or proposed growth Via click ads Which! produce nothing, and yet (FB ) Facebook is worth $53 bucks a share.

 Barrack mining ABX ( Which produces something people DO want ) is down 6% in two days after a 10% jump and record volume in 3 days....is only worth $18+ with a 52 week high of $43, after all they only produce Gold, who wants that dirty rock...Just ask China.

And Laughter fills the room / rant off /

( Gold update ) and the usual watershed event...unnoticed by all of course.