Loading ...Busting it around here to get all the fall projects done so I can hopefully take a few weeks off next month to do a little Gulf Fishing. Hurricanes permitting of course. Condo booked and paid for so hoping all things work out. Good thing most everything is already paid for with profits from the trading account because I have taken a major hit in the last week. Couple notes to a few folks.
Floridagold, a bright ray of hope for those Gators. Pretty sure I got it right this time, those Gators put a whoopin on Tenn. From a few highlights I saw it was a terrific game right up to the end. Congrats. I hope the Dawgs are paying close attention to the game films.
Took your advice, well, mostly so. Was a little slow in pulling the trigger on the ‘above 70 RSI, but faithfully following the Ten/Twenty day cross as you suggested. About 80% out of the ten ‘ponies’ in the stable since the blue line crossed below the red line. Trying to adhere to the discipline you preach. Now i am hoping gold and silver go a little lower so I can do some bargin shopping. 🙂
Buygold, Yep, 100% Illusion are these markets. Say, you wanna go partners in a house of Ill Reput? Heard the latest thing is robots so that will keep the hired help expenses to a minimum. And I hear the beer/whiskey store business is doing well ? Dont know how the ole preacher would feel about it, but figure as long as he gets his 10%…..lol
Maddog, good to see you back at the office. Soon as you get a handle on the direction of these PM’s let us know. About 80% parked in cash and looking for a ‘sign’.
If anyone has a 5 or 6 year seasonal chart of gold I would appreciate you posting that one. Find lots of 30 yr charts, but not much of more recent times. I have a gut feeling things have changed drastically in the seasonals since 2009.
Middlecreek, good to hear from you. Hope you are back in your home and things are mostly well.
Not a lot of good news to talk about these days, except the Georgia Bulldogs won, and the Atlanta Falcons beat Greenbay. Oh yeah, they finally figured out how to open the roof on the new MB stadium. Drawing up engineering plans and actually getting them to work are two different things apparently. Kinda like trying to figure out these dang PM markets!
Trump seems to have everyone trying to figure out what his plans are. Cant believe Sessions is letting the IRS off the hook for its picking on the Tea Party. Wonder if he (Trump) would have bothered to run if he had known how dark and deep the Swamp really was? Still standing with him, I think he is trying to keep his promises. Course you wont hear that in the media. I figure as long as he keeps everyone confused, he still has a fighting chance to get a few things done. To tell you the truth, I had no clue how bad off this country really was. Or the extent the Deep State would go to remove anyone who dared fight against their agenda. Or how many, including so called Republicans were on the Swamp payroll.
Guess that wraps up my state of thoughts for now. I read where the Feds are going to announce on Wed that they will begin to ‘balance’ their 4 Trillion dollar balance sheet. Somehow, in my blurred vision, I would like to think that would be good for the PM’s. Which probably means it wont. If I only had not tossed out that bottle of Hopium pills….lol
Best to all, Farmboy