Made this chart along side the other but forgot to post it.
When will the shackles be removed? How is it that the SP500, who's market cap is 750x greater than Silver's, doesn't seem to have any problem with "corrections?"
I mean honestly, how much cash on the sidelines can there possibly be? Global equities (all indexes combined) are already at RECORD market cap based on RECORD leverage. The higher they go the riskier they become.
The lower the metals go, the less risky they become. The market cap is so ridiculously small that if it went any lower Icahn or Soros could buy the entire open market inventory.
- 1/1/2014
When will the shackles be removed? How is it that the SP500, who's market cap is 750x greater than Silver's, doesn't seem to have any problem with "corrections?"
I mean honestly, how much cash on the sidelines can there possibly be? Global equities (all indexes combined) are already at RECORD market cap based on RECORD leverage. The higher they go the riskier they become.
The lower the metals go, the less risky they become. The market cap is so ridiculously small that if it went any lower Icahn or Soros could buy the entire open market inventory.
- 1/1/2014