Loading ...Looks like resistance was just the ducks lining up I was wondering just before the move but thinking about Powell or does it matter much right now. I wonder if something up with Powell, is he gonna play Santa or the Grinch.
ipsofacto re yr 8.47 and 8.59
Great catch …suits my portfolio v well….v interesting takes,……he is dead right on Energy…..the charts look great.
swilverbullet
SSSSSSHHHHHHH !!!!!!!!!!
buygold
Re didn’t expect to ever see $ 60 Ag etc….get ready for another digit and then expect to see $ 500….those charts are real and the move confirms them.
Meet the new boss…..
WOW!
Just saw silver. This is another unexpected rally. I guess we don’t have to wait.
I honestly didn’t think I’d see $60 silver in my lifetime.
Rally monkey
Who was it that had the rally monkey years back? Was that Wanka?
Someone needs to unlock that dude‘s cage and let him out!!!
he suffered enough, don’t you think?
Silver
Looks like we’re getting a follow through kinda cup and handle formation. 70s next?
SILVER…
trading economics shows $60.002 @ 10:40, a quick backtest to $59.78, then running up again…
ZUBAZOOM !!!!!!
$60.25 and counting…
Hi Ho Silver Away!
PS Eff the shorts!
SILVER…
$59 breached, backtested, running for new highs. $60 by the end of the day???
before lunch ???
Just remember
Everyone is a photographer with a smartphone. So we have thousands of planes that fly the sky everyday and now we have these sneaky guys that can’t be caught with a camera phone. Well smart guy, you can’t catch them because it’s being sprayed from the trailing edge of the wing. No wait, it’s mixed in the fuel and it’s burned. We’re not sure who’s doing it. We can’t get governments around the world to agree on jack crap but they’re definitely in on the chemtrails, pfft
Shares look like crap again
Course gold not helping after being up earlier.
Never underestimate the ability of the shares to suck on any given day.
Hopefully this B.S. is over by the end of the week and we can rally for a while.
Tavi likes energy stocks here too. Maybe a place for diversification?
Otavio (Tavi) Costa
@TaviCosta
·
Dec 7
Energy stocks keep inching higher, quietly building the pressure for what I think could become a sharp, decisive breakout.
You can’t perfectly time these inflection points, but the macro pieces are falling into place:
▪️Positioning remains deeply bearish.
▪️U.S. oil and gas rigs are contracting meaningfully.
▪️Oil is trading near one of the cheapest levels in history relative to the money supply.
▪️Energy’s weight in the S&P 500 is hovering near record lows.
It reminds me of when people said I was crazy for buying mining stocks, insisting metals would never move.
While my conviction in miners hasn’t changed one bit, I also see energy equities as one of the most fundamentally attractive corners of the market right now.
Otavio Costa
Otavio (Tavi) Costa
@TaviCosta
·
15h
Some argue that gold’s recent outperformance relative to the S&P 500 was a temporary anomaly.
I disagree.
This dynamic follows very long-term cycles, and I believe we’re likely only in the early stages of this one.
A key reminder:
Unlike past cycles, however, we now face a trifecta of macro imbalances:
▪️The Debt Problem of the 1940s
▪️Inflation Issues of the 1970s
▪️Asset Valuation Imbalance of the Late 1920s and 1990s
ferrett @ 5:32
That’s an incredible tragedy. It’s time for the US to pack up and leave the place entirely. No more troops in Europe, no intelligence sharing, no starlink, no nothing for the war.
Ferrett 5:32
I saw that and no surprise. He’s like in checkmate but won’t concede and hope removing him is enough to stop the neocons in Europe even if they did after ruining their economies and country.
Unfortunately Goldie,
this will only end with the removal of the comedian. Or nuclear war.
Ferrett
Well there’s something we can agree on. Putin is the only wise adult in the group who’s looking at the welfare of millions of people not like the shady neocons looking at the millions dollars they can purloin from the millions along with their lives.
Ever since he cancelled elections.
https://www.reuters.com/world/europe/putin-says-legitimacy-ukraines-zelenskiy-is-over-2024-05-24/
Basically saying Z has no authority to sign a peace treaty – which means, if he did, it would be invalid. Yes, Putin definitely wants to stop the war but as he has said all along it must be a lasting peace, which needs a treaty with strong foundations. A dodgy agreement is a recipe for lasting war.
ferrett @ 18:54
I haven’t heard that Putin said that? I think he’d like to stop the war.
ipso 17:25, I think that’s why Putin won’t accept him as a signatory.
He doesn’t have legitimacy now, and if he did that it would leave it wide open for the neocons to insist the peace arrangements are null and void.
So now we have resistance
Until Powell decides to either hand out candy canes or charcoal. That’s how it will be seen anyways.
Big Ruling
Senator Eric Schmitt
@SenEricSchmitt
·
Sep 8
Big win today for the Trump Admin. as the Supreme Court leaves in place the firing of former FTC Comm’r Slaughter.
While only a preliminary ruling, SCOTUS showed its hand.