I only have some secondary exposure through gold miners (B etc.), Rio Tinto and Glencore - no pure copper stocks. It is too correlated with the economic cycle for my tastes. I know the demand for copper ain't going away, but it could significantly slow down, in case they finally manage to crash the economy with all this political incompetence going on.
Two scenarios:
A. Government bonds are directly bought by the central bank with money created from thin air.
B. Government bonds are bought by a private bank and then bought by the central bank with money created from thin air.
Now scenario A is widely considered to be the sign of unsound money and most people recognize that as bad.
However you throw, say JPM, as the middle.man and you have the US monetary and fiscal policy that is totally independent of each other.
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9 dollar drop in an hour and a half for GOOGL.
Please tell me how this market isn't being manipulated with coordinated/timed sell-offs and buys. These tech companies and other billionaires are selling off in droves, even after positive news, to drive down the price for their "Team B" that will buy the dip (to avoid day trading).
Sickening. We all get to keep losing on our calls and they can use the momentum swings to their advantage. Ahh the American Dream, huh?