RE: i feel like a pickle at the bottom ofYour not alone. I'm in the barrel and all soggy, no crunch left. This has nothing to do with Canaco it is a zero risk mentality. The Fed says no to Q3 and the markets say that's it , we are going to zero risk and buying U.S. bonds for less then 1.9% Every fund manager and every computer is on defend mode. They are buying and holding some at these cheap prices but have dropped the threshold on overweight to marginal and a soon as the general market turns down they eliminate the excess immediately and then buy cheaper the next day. Now the U.S. congress have until friday to put money in the bank so they can keep the government running. Word is out today that Japan is going to be the next focus for the media , although they own there own debt the old timers are cashing in and there is not going to be enough money to support the old folks and no one has the money, the right or the will to buy there debt.
Canaco could release 325m at 14 gpt in a new zone and you might see $1.50 for a few days. The general market needs to be fixed or it is going to be wieners, beans and Kraft dinner for the next few years. Good thing I like that stuff.