''No, nothing irrational here folks. No irrational exuberance anywhere! After all, how can things be irrational when everyone shares the same delusion? That makes the delusion the new normal. And I'm the oddball who says the emperor is not only naked, but also he has no skin! He is a zombie who is only surviving by eating his own flesh.''
Back to the Markets
Marijuana is UP in Smoke. I don't see a turn around any time in 2020.
Nonfarm payrolls in the US for the last quarter were stable, wage growth has slowed back to low levels. States have basically increased their minimum wage payroll laws.
Precious metals are still a buy: SVM , KGC, SBGL and IMPUY
Silver is a new play, Palladium continues to be in demand
Fannie Mae and Freddie Mac slowly picking up steam as deadlines approach, accumulation territory now.
Returning back to down and out, out of favor European Bank stocks: I like Greece again and other eurobanks as history cycles itself.
Returning back to down and out, out of favor European Bank stocks: I like Greece again and other eurobanks as history cycles itself.
Update 01/08/2020 US and Iran playing chicken, while North Korea & Russia wait for their moment of glory.
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