Long Position on Silver and Gold?

[Aloha_Shooter]

The Dow shouldn't be anywhere near $18K. Based on the way Obama has fscked the economy, it shouldn't be at $12K. Wall Street has been way overvalued for years.

[Great-Kazoo]

The Dow shouldn't be anywhere near $18K. Based on the way Obama has fscked the economy, it shouldn't be at $12K. Wall Street has been way overvalued for years.

Same people reporting the economy, also reported Clinton has the nomination wrapped up. Prior to CA going to the polls. Like they did in Bush v Gore calling the FL election before it's time. Says (to me) the fix has been in for some time.

[roberth]

WTI and Brent are both over the $50 handle this morning.

The Dow shouldn't be anywhere near $18K. Based on the way Obama has fscked the economy, it shouldn't be at $12K. Wall Street has been way overvalued for years.

It wouldn't be if TARP and QE hadn't occurred, if it wasn't for that artificial money pumping it might not even be over 10K even now.

Since we're on the topic, what do banking and insurance have to do with industrials? The DOW we're talking about is the DOW 30 Industrials which used to include companies that made durable goods like US Steel.