Loading ...in the price of GOLD !
goldielocks @ 14:52 on May 7, 2021
Stop LOSSES ? in a BULL Market ? They will take you out so fast ,your offering them free money .They will reach down..take you out and NEVER look back !!!
Thats a sign blast off is immanent ! NO you cant always get back in ,not at current prices ….
This is only going to get worse
VIDEO: BLM Militants Draw AR-15s And AK-47s On Portland Motorists; No Police On Scene As Reign Of Terror Continues
COT Report
Scum working hard by selling long positions to keep silver in check.
Are we at the beginning of a new cycle or in the waning days of the previous multi-decade cycle?
Friday, May 7, 2021
But what about finance? Central bank policies now command market trading dynamics, while government-related debt dominates system Credit expansion. There is every reason to believe state-directed lending, after reaching new extremes during the pandemic, will become only more obtrusive going forward. A compelling case can be made this new age of government directed finance and spending is now driving a new inflationary cycle.
However, I certainly don’t want to dismiss end-of-cycle dynamics. “Blow-off” dynamics, after all, are proliferating. One can start with the trajectory of the Fed’s balance sheet, along with unbounded fiscal deficit spending. There are, as well, myriad indications of “Terminal Phase” speculative excess, including numerous manias, over-leverage, ETF flows, corporate bond issuance, the ARK funds, etc. The breadth and scope of such extreme behavior portend change is in the offing.
These days, markets and about everyone anticipates that historic monetary and fiscal stimulus will continue to fuel historic asset bull markets. The existing cycle is very much intact, it is believed, with New Age central banking continuing to underpin unrestrained fiscal spending. But could both monetary and fiscal authorities have pushed things too far? Could we be nearing a major adjustment, where the respective interests of an expansive government and the markets finally diverge? Could a bout of market discipline catch Washington, along with about everybody, by complete surprise? A crazy thought.
However, I certainly don’t want to dismiss end-of-cycle dynamics. “Blow-off” dynamics, after all, are proliferating. One can start with the trajectory of the Fed’s balance sheet, along with unbounded fiscal deficit spending. There are, as well, myriad indications of “Terminal Phase” speculative excess, including numerous manias, over-leverage, ETF flows, corporate bond issuance, the ARK funds, etc. The breadth and scope of such extreme behavior portend change is in the offing.
These days, markets and about everyone anticipates that historic monetary and fiscal stimulus will continue to fuel historic asset bull markets. The existing cycle is very much intact, it is believed, with New Age central banking continuing to underpin unrestrained fiscal spending. But could both monetary and fiscal authorities have pushed things too far? Could we be nearing a major adjustment, where the respective interests of an expansive government and the markets finally diverge? Could a bout of market discipline catch Washington, along with about everybody, by complete surprise? A crazy thought.
http://creditbubblebulletin.blogspot.com/2021/05/weekly-commentary-generational-turning.html
McEwen Mining: Q1 2021 Results
https://finance.yahoo.com/news/mcewen-mining-q1-2021-results-180000059.html
You’d think that a well established mining co could make a few bucks at $17-$1800 gold. At least their SP has been rising lately.
redneckokie1
Nice one….we are staying in and clipping the Divi….it is a ‘team’ decision…though one side seems to have more influence !!!!
Have a good one.
Er…uh…I think it REALLY is a bull market after all…
IT’S A JIHAD to the upside–the Global Dow Index is up an unbelievable 89.12 points–that surely must be a record!!
Heads up this weekend.
Chinese rocket debris set to hit Earth this weekend — but no one knows where
Read in NBC News: https://apple.news/ANml2OkBIR76q9eNq8k4i7g
Hopefully
Golds making a cup but stop loses should be in place, you can always get back in.
Short term
Gold had a double bottom in March with positive divergence so it had a way to go forward. But also has a way too go to break out of the downtrend.
Maddog
I bailed at $9.97 on the ET. The dividend is $.15 so I decided to take the market gain and get back in after dividend declared. It usually falls back to support after declaration.
rno
redneckokie1
ET fills gap….Great call tks.
I think they are going to have to shell out a lot of money to shareholders, as they have lucked into @ $ 2.4 billion from the Texas freeze
In think they have to distribute that to shareholders, due to the nature of their structure.
https://finance.yahoo.com/news/energy-transfer-expects-2-4-222735699.html
NEM rolling over
as is AEM and RGLD.
Funny, we get early strength on good volume and then the scum starts selling in 50 shares lots to bring them down.
Such a ridiculous battle, only seen in pm’s.
10 year has come all the way back
USD still getting smacked so I guess we’re lucky to be positive.
I’m just hoping we end the day positive.
R640
I just checked yr link and that takes me straight to the forum…but that link I posted takes u to a Blank Page….strange.
Maddog—the link below IS the one in my book marks list….so I have
go thru the rigaromole I described to get on….it’s a minor inconvenience…thanks!
ipso facto
One doesn’t want to put too much hope on it…but it sure confirms dirty biz..but can the GoP clean up enough of the State legislators to get their own clean people in…as I gather the problem Soros has financed Dem governors, attorney generals etc in GoP states, who have ‘allowed’ the cheating and are now trying to hide it all.
The GoP were caught napping….can they now clean it all up…they have the votes…do they have the backbone..
silver
getting slapped around but holding above 27.25
Buygold … Maddog
“Maricopa County”
How fascinating is that story! A lot riding on an honest audit. Demos running around with their hairs on fire!
bbl