Volume Dynamics Specialist
Posted 10 November 2018 - 12:58 PM
Time to make sure you have all your survival supplies and small bill cash stocked... enough for 3-6 months
This chart says it all, note the first 3 min, last 3 min... and the VOLUME in the final 3 minutes...
I can't say what is going to happen in the market next week, but I can tell you where this is going.
213-215... closed at 222. Everyone take care, this is shocking and ugly.
Member
Posted 10 November 2018 - 02:06 PM
Take no prisoners!
I do not know what the trigger will be in the markets but something is going to happen soon, that is going to flush most markets and crank the food ones. I wonder when they will close the banks, after this event or by end of 2020. Then re-open to let you draw your own money out per day like Greece did, Venezuela etc. only $50 & $6. and at one point convert all the banks to electronic money, 2025 perhaps. After some massive bad times for many unprepared for what is coming.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
Member
Posted 10 November 2018 - 02:21 PM
Member
Posted 10 November 2018 - 02:44 PM
Don't know what the trigger will be but I agree that access to banks may become an issue. I still believe the trigger will once again be fraud in the real estate market and the securities that have been produced by fraudulent deals involving fake warranty deeds reflecting highly inflated prices - but no money is changing hands, then more fraud by recording fake mortgage documents for inflated prices (again no money changing hands) and then very real securities on fake debt. All the ones I have seen involve multi-family buildings - and most HUD insured because of no real oversight to insure that lending practices are real. Most lenders of record are outside of the banking system. The FED still owns nearly 2 Trillion in MBS since the last crisis - rediculous - the FED should NEVER been allowed to purchase private debt and we do not know - nor do they probably know - how much of it is based on fraudulent paper from years ago. GS owns LLC's that buy up non-performing stuff from the FED - it could be that it is now biting them in the {bleeeep}.
Volume Dynamics Specialist
Posted 10 November 2018 - 02:45 PM
It is a FLIGHT TO US$ - BIGGER THAN ANYTHING WE SAW in 2008...
And it started.. right there in early October with Crude...
The knee-jerk reaction was a flight to gold and PMs... but look what happened to that on Friday... it is OVER... and everything is being liquidated into US$... Daily Gold Chart... I call this pattern "OVER THE FALLS" gold is going to 1194 here.
Finally, this little panel of charts shows it best... LIQUIDATION INTO US$...
Edited by SemiBizz, 10 November 2018 - 02:47 PM.
Member
Posted 10 November 2018 - 02:53 PM
Scary
but not as much here..
Volume Dynamics Specialist
Posted 10 November 2018 - 02:57 PM
"Scary" starts in small timeframes first...
It's an obvious panic.
Member
Posted 10 November 2018 - 03:41 PM
Only scary for those unprepared and opportubity for those that are Alex. I would say 1 in 10 have a clue the rest will find out the hard way. Heck of a price to pay for being lazy.
Mary it could be and it could be a major default like Japan in the bond market or some other external action like major war started with a super power, something from space.
Talked about oil what 2 weeks ago said it was toast and once it drops below 58 hello sub 26. They stopped it right before so now they will bounce it a bit perhaps. Gold should get sub 1000 for a quick visit. Probably on this event that sets off the markets. I am 99% sure we will see s[x 2300's- 2000 before 2019 is over.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
Member
Posted 10 November 2018 - 03:52 PM
Member
Posted 11 November 2018 - 07:43 AM
