Posted 26 January 2017 - 11:49 AM
you gotta appreciate senor tells you his buy points. others couch even what they say
1 look at the cots for the dollar. the commercials remain very short the buck . imo (having an opinion there is nothing humble _A
ryand ) the dollar is left in weak hands. and w/trump saying he wants a lower dollar. it wont be too long for that to happen
2 the banksters were given a giant money ball during qe. they didnt lend it out but parked it at the fed. w/rising rates, they
will move the money ball into the fractional reserve banking system , lending it out. when this happens i look for money velocity,
to come out of its nose dive and turn positive
3 back to the 70s style stagflation, that is in the future. 17 will be the start. there is a mountain of debt that will lugged
around
on the sge gold is 1200 in ny it is 1185 . sge starts chinese new year holiday tomorrow and goes through next week. i look for the
banksters to do their thing and set up a buying opportunity. on the hourly charts the indexes are oversold now i am waiting for
divergences to appear. steady, no panic. i freed up cash yesterday morning. i am wearing my buy hat. but havent pushed the buy
button yet. in the sector the miners are the most undervalued and cant get much love, they will go from hated to adored. are you
prepared!?
dharma
in the last bull (70s) gold and crude were a hand to a glove. opec is controlling, for now, the supply side. the demand side is
rising. higher crude= bullish for all commodities. keep an eye on crb