With the Baltic (world shipping) index down 60%, yes 60% in a year...hiding th pea gets a lot tougher. Now the Japanese lit a fuse and tonight so far on Zerohedge:
Submitted by Tyler Durden on 01/03/2013 - 19:40
FX markets and precious metals are continuing to trade weaker after hours along with Treasury yields (in some very gappy and unhappy ways) - but the S&P 500 futures are flatlining for now (as NKY futures push higher). Odder and odderer...
Yikes guys... I am nervous now... gold down to $1643 and silver to $29.39.
Pic, looks like we will see the bottom maybe sooner than expected... but when? ...and how far can they/will they drive the stops in a paper panic? They really sucked the longs in by reducing the margins on gold. Now you can see why the 'AUM's were 'capped'. Yesterday I was wondering how many gold shares/ozs were being 'borrowed' ... guess we are finding out fast.
No matter what, hang in there for the turnaround that has to come at some time.