Posted by Mr.Copper
@ 10:50 on November 27, 2017
I think the “Foreign Aid” dollar exchange rate has done its job and “they” (futures price regulators) started reversing it. Note on futures chart below the June 2014 obviously manual adjustment higher. It’s all FOREIGN AID in my book.
There has been so much various forms of foreign aid over decades, I have to assume we have a foreign controlled or pro foreign “US Gov’t” in name only. Occasionally “they” throw us a bone, give us a few good years, to keep us alive for their own good.
Note the post war boom, 1945 to 1975. We deserved it after all the killing and financial costs we absorbed, and they gave it to us until they thought we had enough in 1975. Banks are simply global gov’ts imo.
CHART:
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1
Posted by Buygold
@ 10:45 on November 27, 2017
“If” pm’s can comeback and make new highs it would be bullish.
But they won’t.
The only things that will be making new highs today are the DOW, S&P, Nasdaq and Russell 2K
Posted by Farmboy
@ 10:34 on November 27, 2017
So far, the action this morning is to be expected. After Tuesday, I think the PM’s are off for a steady climb for the next couple weeks. Today is a good day to add some of your fave plays snd get ready to rumble.
Posted by Mr.Copper
@ 10:26 on November 27, 2017
Agreed on that. Any THING priced on the futures market is subject to be nudged and pushed around for mechanical and psychological effect.
Also FYI, I bought 4 pot stocks during the month, and all up. ACBFF +120% APHQF + 35% VAPE + 15% TWMJF + 5%
So far so good. Many others out there.
Posted by Ororeef
@ 10:24 on November 27, 2017
Posted by Maddog
@ 9:52 on November 27, 2017
yup day over….Sm was down a touch, Dlr well offered and Au sniffing $ 1300….a red rag to the scum. so blast the SM higher and knock $ 5 off Au in minutes, while bidding Dlr back up.
Dog is now in the 10th week up…check the 200 day Av’s in SM…going up in straight lines…never seen anything like it.
Posted by Richard640
@ 9:47 on November 27, 2017
that happens it’s just business as usual.
Posted by Buygold
@ 9:42 on November 27, 2017
Posted by ipso facto
@ 9:36 on November 27, 2017
Posted by Buygold
@ 9:35 on November 27, 2017
we got nothin’ in the way of a big move until we start seeing GDX run 5-10% a day for a few days
Posted by ipso facto
@ 9:23 on November 27, 2017
But but getting out of breath is a triggering experience. Safe Places will need to be built on the bases! 🙂
http://www.fresnobee.com/news/nation-world/national/article186645138.html
Posted by Richard640
@ 8:50 on November 27, 2017
gold, will be extremely difficult–there will be numerous SHAKEOUTS–by the Boyz–so that they can get inventory at a discount–for instance: there will be intraday-pullbacks–lets day, gold is up $12–they will pull it back to up 3 or 4–and by long term conditioning–many will sell their positions–only to see a new high a half hr. later–another trick is to attack the shares, creating a non-confirmation…we know all the tricks…I dunno if today is “launch day” or business as usual–but I think the chances for gold to finally bust a move are high currently–there is a massive cluster of reasons for some kind of decent rally to take place–and I think the crypto phenomenon could be the “spark”…
Feb gold on the move: 1302 last-bonne chance a tous
Posted by Richard640
@ 8:39 on November 27, 2017
has not benefitted from the reflected glory of BC–but I am still hopeful–Traders/Investors gotta be looking at gold-now that BC is 19K a coin–and thinking gold is the last unexploited sector of the investment universe…
Posted by treefrog
@ 0:01 on November 27, 2017
Posted by Buygold
@ 18:22 on November 26, 2017
Maya – Can’t go broke taking a profit. The fact that you can still get 7 oz. for Bitcoin is impressive! Good on ya, Maybe it goes to $500K like McAfee says. I still don’t understand it, or how anyone can now afford it @ $10K but what the hell.
It appears the scuttlebutt I heard down at the SLC VA was a nothing burger, although I really thought the geopolitical info had a shot.
Maybe I’ve got this all wrong and peace is about to break out around the world…
Posted by Maddog
@ 18:15 on November 26, 2017
The Tulip Bulb Mania was a pure mania and the most valuable bulb of all, the Black Tulip didn’t exist!!!!!
I still think Crypto’s are a sign of the times……little is real.
Posted by Richard640
@ 16:45 on November 26, 2017
And bubble or not, Novogratz concluded eloquently on the extreme nature of cryptocurrencies’ potential…
“Remember, bubbles happen around things that fundamentally change the way we live,” he said. “The railroad bubble. Railroads really fundamentally changed the way we lived. The internet bubble changed the way we live. When I look forward five, 10 years, the possibilities really get your animal spirits going.”
he added, and could reach $10,000 very soon due to fast-building interest. In retrospect, he may be right much faster than even he anticipated.
Posted by Maya
@ 13:56 on November 26, 2017
Can’t let Buygold get TOO happy. 🙁
No complaints, but…. Clearly I cashed out too early. Shoulda, coulda, woulda… My leftover spare change is now worth 7 ounces.
Posted by Ororeef
@ 13:37 on November 26, 2017
Lookup some u tubes named “BROCK PIERCE” he started out as a GAMER hehe
this technology is all about DEC- CENTRALIZED power that we are all familier with in the GOLD market..
Decentralized everything thats going to save “Freedom” its the ultimate freedom of choice from Government power concentrate on “BLOCK CHAIN” ..no need to trust anybody anymore with your money , your health,etc….
“Block Chain” will stop Central Power,,,,thats been going on for 50 years …”ITS OVER ” !
Posted by Ororeef
@ 13:07 on November 26, 2017
Posted by goldielocks
@ 12:17 on November 26, 2017
Good intentions like wishing someone a Merry Christmas with children and you know their house just burnt down. I know theirs a lot of them.
Posted by Mr.Copper
@ 11:52 on November 26, 2017
part
The 203,086 requests is more than the previous two record years. 2016’s commercialist orgy saw 185,713 requests, while the previous year the figure stood at 185,345. However, the amount of guns purchased is thought to be higher as one background check doesn’t equate to just one gun, as the customer may purchase a number of weapons in a single go.
http://www.cetusnews.com/news/FBI-processes-record-200-000%2B-gun-background-checks-on-Black-Friday.SJAVOKptWdgM.html
Time to buy RGR and AOBC? Ruger and Smith & Wesson stock?
Posted by Buygold
@ 9:27 on November 26, 2017
That millennial interview was a crack up. 🙂
Bitcoin also cracks me up too, but not in a good way. 🙁
Posted by Maya
@ 3:25 on November 26, 2017
Posted by redneckokie1
@ 23:41 on November 25, 2017
You feed your keyboards much more healthy than I do. Mine got a double bourbon on the screen which ran down on the length of the keyboard !
rno