By Turd Ferguson | Thursday, December 12, 2013 at 4:33 pm
A day late but the Spec Shorts returned in earnest today. This makes two roundtrips in the past week. No change in price or open interest. Just losses for the Short Specs and fattened bonus pools for the Cartel Monkeys.
By Turd Ferguson | Thursday, December 12, 2013 at 12:02 pm
Since we discussed this at length late Tuesday and yesterday, today's action should come as no surprise. Neither should the next short squeeze, which will no doubt appear sometime in the next few days.
By California Lawyer | Thursday, December 12, 2013 at 1:37 am
I was going to post something about the JPM patent application regarding crypto currencies, comparing two contrasting viewpoints, here and here, but this newest act of idiocy demanded my immediate attention.
By Turd Ferguson | Monday, December 9, 2013 at 12:19 pm
One week ago, London GOFO rates were comfortably positive. One week ago, I warned you that they were about to go negative again and, today, they did. Add this to the pile of bullish fundamentals as we head into the rest of this month and 2014.
By Pining 4 the Fjords | Monday, December 9, 2013 at 10:50 am
We know you have been to the 4th circle of hell, broken through support there, and kept dropping into the 6th circle. We know that you refer to the mining stock table on your computer as “The Red Sea”. Nevertheless, I am making a list and checking it twice.
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