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Debt cannot compound faster than income

Some free time reading

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#1 MaryAM

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Posted 04 February 2016 - 08:10 AM

http://usawatchdog.c...-salinas-price/

 

http://usawatchdog.c...-john-williams/

 

http://usawatchdog.c...andrew-hoffman/

 

http://usawatchdog.c...bal-nomi-prins/

 

http://usawatchdog.c...ce-bill-holter/

 

http://usawatchdog.c...rap-up-1-29-16/

 

I don't trust any of the theater going on in the media.  Fundamentals are going to win and all the TA in the world will work - until it doesn't work any more.  



#2 SemiBizz

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Posted 04 February 2016 - 08:37 AM

Your source site is obviously biased.  These snake-oil sales people pumping gold have been wrong all the way down...

 

Of course we can always find the people who agree with our position and accept it as gospel.

 

As far as TA is concerned, it's going to continue to work.

 

Especially Volume-based TA, because it gives a Real World perspective on supply and demand.


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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

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#3 qqqqtrdr

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Posted 04 February 2016 - 10:32 AM

Although I agree with you that fundamentals will eventually win out.....    You can see in Consumer Credit that has increased by 30% since 2010 and Salaries has been flat...   I would also say the number of workers have increased by 15% which gives us a 15% increase debt over income....    

 

Now debt has been increasing for 6 years, and families are more in debt on average than every before....    Something has to give....    Falling stock prices could mean slower spending and we have the snowball effect...   A new technology that everyone wants could increase production and more spending.....

 

I do think we have more downside risk, but the time frame is long to make real money on these fundamentals unless your horizon is 3 to 5 years for trades....

 

In the meantime GDP is trending down, as long as that trend continues eventually the piper will be paid.