Have you noticed?...a new paradigm

[neilgin1]

I've never seen a day like today, let me explain:

Equities trading higher, dollar higher, silver up rather smartly, and gold down a couple dollars.

before if equities and the dollar were higher, silver would be hit hard, and gold trading a tad lower.

it might seem like a small thing, its noon central time, so the day isn't complete, but....just an observation.

on a side note, I told Raymundo this, I was fortunate enough to pick up a "roll" (its really a long white tray in roll shape) of 1971-S Ike Dollar 40 Ag Proofs from a one man operation, a seller I've dealt with extensively, who does NOT cherry pick. "How do you know this?"

Trust me, I know.

as with corn and wheat spreads, I look for niche markets, and over the past 7 years,i made high MS Ag Ike's (both browns and blues, that proof and uncirc) one of my niche markets, and to that end, I have stacked a substantial FV amount of these Ike's. I always thought this niche market, in raw rolls was undervalued,and overlooked...overlooked is the imperative word.

I also hit on a few other niche 90%'ers, etc....i'm PCGS, and I watch auctions, never slabbed, but now i'm of the mind to selectively slab, as I have been training my "grading eye"...(and yes I do "wobble"..lol)...and in trading my "eye", I haven't fallen into the trap of where my coins "grade higher", instead I get "harsh" with my coins, looking for reason to ding down a grade.

I believe ,for me, its time to lightly slab the beauty queens, as in the future, hot money will flee to asset classes that are tangible, and if successful, do a 50/50, 50% for Maples, which is the only Ag bullion coin I have any interest in, and 50% to amp up even further retiring debt.

and on a final note, I've decided to cast my one vote for Dr. Ben Carson
http://www.theguardian.com/us-news/2015 ... -president

[Cu Penny Hoarder]

QE4 talk, algos buying, short covering, PPT stepping in, bad news is good news, etc...

The day of reckoning has not arrived yet... soon perhaps, but not yet.

[Recyclersteve]

I'm not saying how often it happens, but I've seen days before when the stock market was up- along with gold and silver. Keep in mind that all were down sharply quite a bit in late 2008. Also, don't forget the famous quote- "The markets can remain irrational longer than you and I can remain solvent." (and that quote was decades before QE even existed) So I try to be prepared for just about anything.

[neilgin1]

I'm not saying how often it happens, but I've seen days before when the stock market was up- along with gold and silver. Keep in mind that all were down sharply quite a bit in late 2008. Also, don't forget the famous quote- "The markets can remain irrational longer than you and I can remain solvent." (and that quote was decades before QE even existed) So I try to be prepared for just about anything.

true.

[InfleXion]

It definitely smells like QE. Just look at what the PPT did after the Dow got within 1 point of 16000, a mini-mega-rally. Everything now rising in price. This wasn't a kneejerk reaction to the non-rate hike, because things went downward after that. It seems the markets got a fix, but the Fed can't advertise that without also removing any chance of a future rate hike which would further damage credibility.