Graddhy – Commodities TA+Cycles
@graddhybpc
Been saying for many years that capital is now rotating into commodities.
Been posting e.g. these historical big ratio chart turns, plus their breakouts, in real-time.
The commodities bull is end of rainbow stuff.
And, down the road, commodities will be the only game in town.
End of the Rainbow stuff :-)
@ Goldi RE: your ‘Don’t shoot the messenger’ question – ‘keep our stop loses in place?”
Almost without fail, EVERY time i have put on a Stop, I have ended up losing the position forever or buying it back at a higher price.
I swear that the Scum must be able to see our Stops and their strategy is spook us into setting stops so that they can scoop them up right before they jump higher.
I think we are approaching the end game and now is not the time to lose one’s position.
OTOH – I have told myself this many times before – the PM market leaves many scars 😊
Continued with Bonds
Quagmire
The Fed is doing QE they’re just not announcing it. What they’re getting back in mortgage backed securities they’re not putting it back but taking that money and putting it in treasuries. The reason why the long term bonds can move up because of housing loans vs future inflation. It’s a gamble. Long term since the debt never gets paid QEs still QE
Don’t shoot the messenger video
Had to say that first. Fundamentally I can only see the PMs moving up over the years but will it move as fast short term as HIGH as the perma bulls claim and under what changing fundamental catylist short term. Should we stay alert and keep our stop loses in.place or risk a trap.
A look at US dollar TA shorter term. This was early July. It did move higher but failed and headed down. Seems safe for now but needs to be watched.
Giving some back
Not too surprising given the magnitude of the move higher the last few days.
Rates and oil higher again, dollar flat.
I guess we’ll find out if this was another bull trap, or we’re just letting some air out.
Comedians on why Trump is so funny.
Adult comedy