An experienced, level headed gentleman who has seen it all, and a calming big picture chart that smooths out the noise of the moment (as the economic growth play gains momentum). It's what you get here in Biiwii land... 'just the facts'. Oh, and a few riddles thrown in for good measure. :-)
Scrappy overnight turnover as tantalizing as a scalper trying to move back-row balcony squats for a Boy George revival. Why exactly are we dithering while the rest of the commodity mob is capturing the high-ground amidst varying inflationary or shortage scenarios? The facts: GSR is ~47.40 slightly easier and confirming that Uncle Ben never one to do things by half continues to have both faucets on. Open interest fell ~10,000 contracts and even I get tired of playing the short covering card (despite the continuing unusual commercial activity-reducing their short exposure). RSI is again below the pogo stick 40 threshold. As my father always told me, 'When you have the facts on your side, pound the facts...when you don't, pound the table' Today: Assume that higher prices are out there but in disguise, a plain brown wrapper. We go to the stealth mode as no one is ready to tip their hand. http://www.biiwii.blogspot.com
