Long Position on Silver and Gold?

[sellersm]

Baltic Dry Index at all-time low: http://gcaptain.com/baltic-dry-index.../#.VnCTiDadL8t

[roberth]

Baltic Dry Index at all-time low: http://gcaptain.com/baltic-dry-index.../#.VnCTiDadL8t

http://wolfstreet.com/2015/12/15/fre...ry-glut-bites/

The transportation sector just keeps getting worse. Even after today’s uptick, the Dow Jones Transportation Average is back where it was in April 2014, and down 18% from its peak a year ago. Within this transportation sector is freight, a gauge of the goods-based economy, which is having a rough time.
In November, the number of freight shipments in North America plunged 5.1% from a year ago, according to the Cass Freight Index. It hit the worst level for any November since 2011.

[roberth]

BDI is a good thing to watch.

FOMC today; sposed to announce their interest rate at noon MST but they're waiting until the markets are closed. Hmmmmmmmmmm playing with the system, I hope it bites them in the ass.

[sellersm]

I thought the Fed announcement was scheduled for the 16th, which is tomorrow?

[roberth]

I thought the Fed announcement was scheduled for the 16th, which is tomorrow?

You're right, I thought it was today.

[Great-Kazoo]

I thought the Fed announcement was scheduled for the 16th, which is tomorrow?

Probably move it to friday afternoon. The graveyard for important news items. It's HRC's favorite time to proclaim her like or dislike of something inconsequential , Like the Constitution.

[sellersm]

Probably move it to friday afternoon. The graveyard for important news items. It's HRC's favorite time to proclaim her like or dislike of something inconsequential , Like the Constitution.

Like Bill?

[roberth]

FOMC raised the rate .25%.

[sellersm]

FOMC raised the rate .25%.

Yep, beginning of a "gradual increase". Buckle your seatbelts...


Sent from my fat fingers using Tapatalk

[roberth]

FedGov will have to borrow more money to service the debt.