as I said, I got into precious metals years ago. I avoid that market these days. I dont know where the ceiling is, but it did feel like a floor back in 05, 06, so that's what I went for then.
So you don't think - if the repubs announced Impeachment intentions for obama - and the market climbed 2% over the next few hours, there would be some that saw some correlation there? LOL, of COURSE there would be. Absolutely.
There are conservative commodities traders that predict a radical INCREASE in the Dow if obama faces impeachment:
http://www.uncommonwisdomdaily.com/the-impeachment-of-barack-obama-18572
So it's not just morons like me. It's people that trade for a living, who happen to be conservatives too, saying impeachment of Obama would lead to excellent gains. So my belief that no impeach = DOW drop... really not that far off base.
LMFAO did you read the link you provided to lend credibility to your stupidity?
he is not saying that impeachment would help the markets only that it wouldnt hinder it and the Fed policies along with the fundamentals of the economy are what is going to help drive the market up.
"Don’t pay attention to predictions of a stock market meltdown based on impeachment. With acquittal, any impeachment trial in the Senate will be nothing more than background noise and will prove meaningless by the time it’s over.
Stay focused instead on the Federal Reserve’s low-interest-rate and accommodative monetary policies; it is successfully coordinating with the world’s central banks.
Remember my bullish thesis — one that’s based on the United States enjoying a huge upcoming leap in productivity and efficiencies. I believe it will be driven by breakthroughs in technology, science, engineering and medicine."
where in that link do you get that he is alluding to impeachment = uptick in markets?