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No I don’t read much of his because there’s too many posts and things moving so fast Id rather listen to the hear and now. He’d be a pretty good history teacher or in economics. Debates are good though,but test you on just how much you know and keeps your mind active after retirement. Lol Less you want to wind up like Biden
Plus now were seeing the evils of computer trading when it’s not just for technical analysis or information. They apparently have to update them and can move things the wrong way.
I remember people complaining about taking our gold including from Mexico. Now I found this cycle charting. They’re pointing to either mid July for a general market top and drop or could go in September.
About the here and now as far as oil both India and China are buying more than they did back then and since it’s only a fraction per country they’re using they have a lot of room to grow depending on the economy. Now theyre buying it from Russia and also selling it back to Europe from there while the US is telling them that’s not not fair your not following their rules. Right!! Jerks and neo lunatics While we’ll need a lot of copper for electric and EV stations never built because they couldn’t find a bunch of black or gay men to do it instead of white men held back by make believe virtue signaling and condescending attack on white man. Because then they can just pull the plug and shut the whole economy down and start charging more for energy. Not to mention the batteries don’t work so well in extreme heat or cold Frigging lunatics As Armstrong quote they’re not ready for prime time yet and we will still need oil for quite some time.
I listened to some of it and noticed around the 9 minute area, he said Oil went up because of an embargo. He totally forgot to mention that everything went up after 1971 when the US Gov’t was forced to remove the gold backing off the US Dollar. Gold silver Oil etc etc.
Forced, because of too many domestic complaints about letting Europe keep on redeeming our Gold at $34 when privately it was selling for $140/oz. Naturally, after we cut them out of taking our Gold away, Europe et al started taking away our industries instead, after 1971.
I’m not an Armstrong follower but did Armstrong ever say what I’m saying?
Nigel Farage, a figurehead of the UK’s populist right, has sparked outrage from political opponents after saying the West “provoked” Russia’s invasion of Ukraine.
Farage – who heads the fast-growing Reform UK political party and was a pivotal figure in in Brexit – is seeking to win a seat in parliament for the first time in next month’s general election.
This one’s better.Talks about here and now. Just how bad it is, the elections, civil unrest, economic decline for years. Default ahead. Got Phyzz
After watching this have to say the more diverse the more separated study . It seems to me the more like minded less diverse self reinforcing, little to no feedback, in a longer term survival situation with less diverse skills that have to do with survival, they won’t last long.
I think they’re messing with anyone holding long heads. Maybe they’ll mix it up to two days up , one day down or vice versa next. Probably safer to play the long side ever other day or two. The Fed is looking for a soft landing lol Actually everything being what it is besides shorter term trades coming stagflation after a crash as Pinto would say is rocket fuel for the metals.
Biden is trying to say inflation is going down. Once they put it into the grocery stores the women they fooled last time are gonna finally realize these lefties are lying
Still outperforming, so there’s that. Only down $.08 on a really bad day for the metals.
The HUI on the whole is doing better than yesterday as well. Course, there’s a lot of day left.
If the shares manage not to get crushed too bad today, then maybe we won’t be looking at an ugly Sunday night / Monday morning. At least that would be the hope.
Some people are just born survivors and don’t need to gamble but if they do anyways it may come at a cost even if they win the game. Not just gold but some survivors can win the game without gambling and without the costs.
With pm’s this pretty much always happens next day or at least 90% of the time. They always take back more the next day than they give the previous day.
Charts in pm’s are 100% unreliable, at least short term, say anything less than 20 years or so. Although, I would say if you want to look at a shorter term chart, then you can consider the downside targets, they will always get hit. Gaps will always be filled. Downside gaps that is.
The last rule is that rallies do not last more than 4 – 6 weeks at best. They are always stopped with a huge reversal, which always becomes a new downtrend. The new downtrend will always exceed any expected downside targets.
……..are pure and unadulterated psych-ops. All the fund managers and institutional $ managers know the PM arena is one to stay away from when they see the algo controlled operations of the scum. When (and if) the moves become wild on the upside, Institutional money will come pouring into the PM sector. At least that’s what I’m telling myself.
It took these woman this long to figure that out? They best start thinking about putting their country first instead about what their country can do for them. Especially when virtue signaling isn’t even real or something they can do themselves without having to be accommodated.
It’s not exactly advice it’s more of a mixture of a warning about their trap doors and satire.
Currently trading range is 100 gold and 3 dollars silver. Yesterday it looked like it wanted to bring the gold to the 200 hundred range if it followed through which I didn’t think it would today. But there’s always Monday.
Not always, sometimes it’s two or three days before they sell. That s when they start asking questions when they’re selling near the bottom of it they say who the heck is this trader who buys just one share. Was that a typo or something! So you might have to buy a couple shares once in awhile so they don’t zero in on you.
When they wait a few days I’m guessing they’re moving the trading range one way or another so you have to figure that in too for what they might do the next day depending on what direction they’re bringing it.
A Loss Of Momentum”: European PMIs Unexpectedly Crumble Across The Board
Judging by the unexpected freefall and across-the-board miss in Europe’s PMIs this morning, the ECB may have cut rates too little, too late.
The Euro area composite flash PMI declined by 1.3pt to 50.8, below consensus expectations of 52.5, prompting analysts to comment that “this should be a further reason for the ECB to proceed cautiously with interest rate cuts.”
Yep for any long term it is especially with rising problems in places where these mines are at and management that even if good can only do so much when it comes to that. Id probably average out okay day trading with the 1 percenters. Up one percent okay get ready to short, down one perhaps. Okay get ready to go long. But the difference is especially if your doing it with ETFs you made 20 cents while they made 20 million.
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