RE: RE: SysaphusYa there's always a risk that someone may take a run at this. In this case the size of the float could be a positive instead of a negative. Probably too many different interests to line up for a takeover of this. Never know though.
Also while it does look like this has bottomed there is always a chance that the Euro could tank completely with the rest of the world following closely behind. In that case commodities would be done for quite a while.
However I think that before that happens the ECB will be forced to take action. We may even see China and the USA contribute in some way as they are surely aware that if Europe tanks they will too. Better to start printing and commit a few hundred million each than sink into a 15 year world wide depression.
So IMO since there is too much for everyone to lose by letting Europe implode, it won't happen.
Unless the -Goldman Sachs/Bilderberg dominating the world- conspiracy theory is correct in which case all bets are off.
After three days of this market beating Nau hasn't moved appreciably so I'm hoping the worst is over.
I"m hoping for a big market/gold rally sometime this week.