Stop loss or trailing stops even you do stops by the day. The SM is getting ready this year and likely pull pretty much everything down with it initially.
DOYDD but you can watch his gold chart and support, resistance as a guide.
He mentioned QQQ but only in reference to what he heard, is now only about 2 dollars below that number. Kinda bums me out because I was going to buy a few stocks today but might anyways and put tighter stops on them hoping I give enough room for daily morning volatility. Then my luck it will trigger but I guess better than not.
Most think including him that it could happen later this year but now he’s on alert. He can read charts like the back of his hand. I don’t know if it’s because of what someone said or what he saw except you can see his chart. If it moves out of that pattern fine but if it doesn’t you’ll know. Even when he was sick he was still charting,
He gave his likely target for that scenario.
Then now when July hits here comes the Fed who delayed this hike for then???
Like he said just be careful.
Amal’s
goldie@ 13:52 and 14:03
This is a quote from 13:52 post:
“4:30am- Just keep those stops in every day. You can always buy it back if you like. At some point this market’s going to reverse hard. I’m hearing QQQ 372 might be the trigger, so be careful…”
“…reverse hard.” Reverse which way? Reverse down in the D decline showing potential on the chart, or reverse up from it’s decline? I’m confused. Not that it matters much; I’m not buying or selling anything now or anytime soon, I don’t think. But I’d like to understand it better.
Ipso
A few months is my gamble as well. Rickards, is he ever right? 8/22/23 is D-Day.
Read the headline of an article that said the Asian Nations were joining Iran’s SWIFT System for currency transactions. They trade in gold – all of them. Wish I could find that article and post, but I don’t know what that looks like, in terms of trade.
I feel like the Fed/Powell is almost trying to prep us with higher rates and the USD could follow but the dollar would lose value against everything but the fiat in the USD Index. Still, unable to trade with the BRICS based currency? How would that work?
News is hard to come by on this subject, course truth is out of fashion in the media.
Armstrong
Anyone remember back around 2007 Armstrong said gold should be at 5000 by 2o12. How many planned their retirement on that. Then he did a 180.
What you did yesterday is where your at today. Are we going to do today for tomorrow what we did yesterday if those choices or beliefs didn’t work out? Maybe and most likely if we took our original path it would of worked out better.
I see the move of the market but I’m putting in stops even if manual . I will not let them put my life on hold for them or pay them to lose money. I didn’t put my future on the stocks I held on false information but it sure didn’t help, and a test and a reminder why you don’t trust them.
Ipso
Don’t shoot the messenger. it’s not me or the chartist that is doing it. None of us are pro gov corruption marxist or on the side of dollar manipulation. I personally won’t marry any stock that don’t even know your name and give up gains hoping they’ll do the right thing. The ones I never sold are worth nothing now. They never do unless for their benefit and they can’t even get along with each other or bide by any treaty’s or promises because they always change their mind as to string people along or where ever the political winds blows. Their word means nothing.
That would be amazing if China could get Israel and Iran to make nice.
Pines explained to Voice of America that there has been a shift in the thinking of some Israeli analysts who see China, a significant partner of Iran as well as the Palestinians, as largely benefiting the region with its actions. “It is so rare to have in the Middle East a major country which is really neutral, which It is not engaged in… it’s neither pro-Israeli, nor pro-Iranian, nor pro-Saudi, nor pro-Egyptian. It is just a neutral country interested in economic ties with all parts of this very complicated Middle East equation,” he claimed. The academic added that Beijing may be the only country in the world capable of brokering a peace deal between Israel and Iran.
https://www.zerohedge.com/geopolitical/us-pressures-israel-decrease-ties-china
Demon Spawn
Alex Soros Vows To Eradicate Conservatives From the Internet: “I’m 100 Times Worse Than My Dad”
Alex Soros Vows To Eradicate Conservatives From the Internet: “I’m 100 Times Worse Than My Dad”
Buygold @ 14:20
Time will tell my friend. ![]()
A few months down the road we’ll see what’s happened. If my positions in the shares get clobbered … so be it.
goldielocks
No chance I’m selling anything. I’m in for the duration.
If you’re trying to buy low … this looks pretty low to me.
There’s no volume in the shares
zero interest, and why would there be? The metals can’t stay up. Silver can’t even go positive on the day.
The gold shares are all over the map, the silver shares are trending flat.
Worse than all this, the USD and 10 yr. are down nicely!!
Either this is the last ditch effort to throw every last goldbug out of the market before they let it go, or pm’s are the biggest lie on the planet, at least price wise.
Ipso, or
When will the metals notice that the dollar was down 1/2%?
This is literally the only asset class that doesn’t respond to the underlying metals, and really the only asset class that that didn’t rally today with the falling dollar?
It was nice that gold came back a little, but this wasn’t a bottom forming reversal, especially in the shares, but in silver too.
So says me, the guru.
A picture can tell a 1000 words
And who knows we’re that spending will go besides the normal Marxist expanding of Gov or how much of that perpetual war money is changing hands.
Ipso
Be careful right now. Having the phyzz in hand only you can liquidate.
Robert is one of the best chartist out there and if he sets a warning I pay attention. Doesn’t hurt to set stops and not get too exuberant.
We might be heading right in a D decline. Here’s what he posted and he’s right about the Fed too.
Buying GDXD here.
4:30am- Just keep those stops in every day. You can always buy it back if you like. At some point this market’s going to reverse hard. I’m hearing QQQ 372 might be the trigger, so be careful. The funniest moment is when Powell yesterday said that telling Joey B that government fiscal policy needs to be tamed down said, “IT’S NOT MY JOB”. That says it, Powell is a tool. I’ll bet 98% of the audience here, which is very smart mind you, DO NOT understand that the recent “Bipartisan Debt Deal” RAISES government spending to an ONGOING pre-pandemic rate. This country is so lost it can’t even tie its own shoelaces. That’s my two cents. Use stops. It’s too early to short, that’s coming, perhaps during later August. It looks like gold is in a D-decline (below $1930 it will be for sure), so find something else to trade
Know your enemy
End-The-Farmers-Trend
Ht @DoombergT pic.twitter.com/XESzgehMJC
— Willem Middelkoop (@wmiddelkoop) June 15, 2023
drb2 @ 11:20
Those are great comparisons between the WEF and feudalism! I can’t agree more.
Dont let THEM set the ASK price !
ONLY OFFER at 20 % higher than the posted price.YOU can set the price ..never sell at posted prices ..!
Copper stocks showing signs of life !
or is it a boom in copper caskets ? keep one for Biden ! make him PAY !
@ Ipso RE: there were some pretty good comments along with that WEF post
I want to reduce the number of surviving WEF members to around zero by the end of 2024. Anyone with me? ??
They should lead by example and turn their cars over right now.
except the wealthy elites. Their motto should be “I will own everything and your things too”
Return to Feudalism, the Manor House and the Feudal Village. Everything was within walking distance for the Manor’s serfs: Mill, Blacksmith, Bakery, Weaver, Tanner, Church, etc. WEF wants a return to this model with themselves as aristocracy and the rest of us as slaves.
We actually never left Feudalism we just renamed it…
silverngold
I just saw you were having some difficulties logging in yesterday but I saw you posting so I’m going to guess those difficulties were resolved.
Cheers
Of course “they” will be traveling wherever they want in limos and private jets
The WEF wants to reduce the number of cars from the current level of 1.4 billion to only 400 million by 2050.
You will be limited to your local zone of your city. Most of you won’t be allowed personal transportation.
Most of you will own nothing. pic.twitter.com/4cteEUZzM8
— Wall Street Silver (@WallStreetSilv) June 14, 2023
Slowly … and then all at once
“How does de-dollarization occur?”
“Two ways. Gradually, then suddenly.”
— Ernest Hemingway pic.twitter.com/kHsafKy7Qy
— Wall Street Silver (@WallStreetSilv) June 14, 2023
Wow gold making a substantial comeback
Spike down and come back … that’s what we wanted to see.

![Live New York Gold Chart [Kitco Inc.]](https://www.kitco.com/images/live/nygold.gif)
