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eeos @ 11:08 OK If I Use You As My Guru?
Remember a month or so back you called a buying season this summer. Right on my friend !
Time to add some ounces. Gonna need some bucks for fishing plans in October. 🙂
I thought we agreed McGuire was a
Fraud? lol
But,..But,..But
Mcguire said that gold wouldn’t drop below $1260
Lots of talk over weekend that Google and FB are open to having shit sued out of themselves in Europe, due to
blatant cheating/malpractice behavior, especially over content.
Lots of advertisers pulling ads due to their allowing/puting ads on vile content, such as ISIS recruitment sites….The EU has told anyone who wants to, to use the recent EU ruling as proof of bad behavior.
FB and Google have near 90 % of all web ad revenue…..but have been found to be cheating…eg useing Bots to create clicks…talk is Google could be broken up, by forcing search engine to be just a free utility and all rest in separate Co…..FB not sure…but both are wide open to be sued to hell.
Richard640 @ 9:36 Thinking Like You,
Today’s knockdown on light volume and half day trading. Expect a come back in the PM’s by weeks end.
Disclaimer: I am often wrong. 🙂
Floridagold @ 8:18 Thanks !
Not much to brag about. Fishing and weather not so great. But the mental break from the markets worth the trip. Drove up to Calabash, NC for dinner one evening and experienced some of the best seafood I ever ate. Place called Dockside, in business since 1955 and serving up the original ‘Calabash’ Seafood. Went dancing at a place called Fat Harolds in Myrtle beach, the club bills itself as Home of the Shag. Old beach music and happy to see a lot of 20 something year olds keeping the old style dance going. And heard some Carolina Beach music long forgotten.
Meanwhile, back in the real world of Illusion, I sold my JDST and DSLV this morning, and just went long JUNG and USLV. Think today is nothing more than a bankster day on a light half day trading session. Could be wrong, but expect a bounce in the PM’s by Thursday. Who knows ??
Read something about US Mint sales being really low. Sounds like the Contrarian’s time to pick up some ounces as Sale Prices. Buy stuff when nobody wants it.
Have a great day!
Gold is in a crash sequence–an excursion into the 1100s is possible
JNUG is resiilent-it should be down 8 to 10 percent–this tells me that a strong bounce could happen today-we shall see!
Mr Copper–yes! now some say bonds; other folks say it’s the yen…
when the $/gold correlation fizzled out , the analyst community created new “dialogue”–the yen/gold or bonds–to explain the new perplexing reality-but I posit that the $ is the main influence and will manifest itself when the rig fails and financial assets get pulled into the black hole of total bankruptcy. The sad fact is that:
The end is nigh, brother, the end is nigh!
World markets are like a pie crust stretched across the roof of a volcano!
Fu Manchu is about to pull the lever to the trap door!
Warbucks signals the trusty Punjab to cut the cords of the rope bridge!
Grease the skids! Happy tobogganing!
GOT GOLD?
Richey re gold and the $ don’t correlate anymore
It looks like gold is going up down with the bonds. Similar turning points each month. (Rates up gold down.) Rates on a bounce up
Good Morning Oasis
Pretivm Declares Commercial Production at Brucejack Mine
Some say that gold and the $ don’t correlate anymore
the $ index was down 1000bps a week ago and gold was DOWN Â a dollar–today the $ index is up 400 bps and gold is down $14….so they still correlate but, for gold, only on the downside.
No wonder Yellen reckons no more crisis’ in her lifetime
China Sends Warships, Fighter Jets To Intercept US Destroyer In South China Sea
The Only Way Out Of The Qatar Crisis
http://www.zerohedge.com/news/2017-07-02/only-way-out-qatar-crisis
Above is the main overnight news likely to drive PM’s in a ‘normal/real’ mkt…..but in our non/real/scum mkt we get a 0.5 % drop in price !!!!!! and a 0.25 % rally in the SM along with a small dollar rally. None of which should be possible, without scum action.
Now a DB analyst has quantified this change in reality, which the world is assumeing is permanent and trading off accordingly and it’s huge…
Deutsche: The Market Broke In 2012, “This Is What Everyone Is Talking About”
http://www.zerohedge.com/news/2017-07-02/deutsche-market-broke-2012
Take that along with fact that according to DiMattio Booth in her book Fed Up, near 100 % of Fed employees/appointees have no idea what they are doing, or of how the real world works ie: to all intents and purpose they are 100 % useless and the recipe could not be worse.
Back From Myrtle Beach,SC
Catching up on the news and viewsj tonight.
ipso facto @ 20:04
I may be a genius, but I’m not THAT smart. I’m only smart enough to use them. 🙂