Market Anthropology: Waiting for Santa

Wednesday, December 19, 2012

Waiting for Santa

As the euro/silver divergence grows as wide as my impatience for the dollar to turn – I’m reminded of that feeling on Christmas Eve as a child counting the hours until daybreak. No worries here, I still have faith – and a short position in silver. 

P.S – Watch that negative divergence in what the dollar buys you in the SPX. It leaked in October and its leaking again.