"When I asked for your advice, I didn't mean that you should actually speak."
--Bill Cabot (The Sum of All Fears)
I continue to wonder whether Big Ben and the Fed will flinch in the face of building commodity price pressures and their spillover into geopolitical unrest.
China just raised rates for the third time in an attempt to cool things off.
If the Fed signals that they are reconsidering QE, then domestic markets will likely frown...
position in SPX
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The Nickel Standard
Rising commodity prices not all bad.
The melt value of the US nickel is now $0.073 as it's composed of 75% copper and 25% nickel.
That's a 45% improvement over the five cent face value.
~Coinflation.com
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