out on a limb! bottom for wave 2 in !?
#81
Posted 12 June 2019 - 01:27 PM
We had that 3 day impulsive move now a flag and seems like follow on measured move to 24.5 25
#82
Posted 12 June 2019 - 02:28 PM
paul tudor jones seems to be in vogue today !https://www.bloomber...24-months-video
short video
india imported 105 tons in may
a good sign
may not get the breakout today
rickards https://www.zerohedg...ct-storm-coming
dharma
#83
Posted 12 June 2019 - 02:37 PM
Aren't the metals counting on a huge cut in June ?
#84
Posted 12 June 2019 - 03:57 PM
GVT Deficit and spending exploding - does it ever matter?
#85
Posted 12 June 2019 - 11:30 PM
GVT Deficit and spending exploding - does it ever matter?
It will matter when interest rates are forced up, then many governments will start to buckle and begin raising taxes to service their massive debts.... 'crash and burn' will be the outcome starting in 2020-21 and with the finale around 2032.95 based on Armstrong's cycle analysis.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#86
Posted 13 June 2019 - 12:20 AM
Thanks Russ.
I find it worrisome.
#87
Posted 13 June 2019 - 12:24 AM
Diagonal gold colored line anchored in August 2011's high and Oct. 2012's high shows attempted breakout early 2018 with final breakthrough in late 2018 and recent test of that breakout... if this diagonal line's story is correct then Gold should move much higher in the coming months with the first stop around Sept. 2019 and ultimately going up into the next US presidential election time as my oscillator suggests.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#88
Posted 13 June 2019 - 12:31 AM
Thanks Russ.
I find it worrisome.
Yes it is worrisome, the biggest most dangerous experiment in debt financing in history is going to unwind, 'we are going to live history' as Armstrong said in past lectures I attended in the early 1990's. Politicians will continue to pretend this is all normal but in the end the public will be looking to hang them as they hung bankers in the 1860's - the original 'black Friday'. Hold onto your gold and silver coins which will be some of the real hard assets that hold their value.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#89
Posted 13 June 2019 - 12:47 AM
GVT Deficit and spending exploding - does it ever matter?
Here is Armstrong's take on what is unfolding... "The Fed realizes that QE has been a complete failure. What they are looking at is the 1942-1951 period when the Treasury ordered the Fed to create a peg and support the bond market at benchmark rates of interest thereby installing caps. This is slightly different than QE which buys in debt on a wholesale basis. The Fed may try the peg and this will result in a bifurcation of interest rates where private sector rates will rise and public rates will become fixed even on the 2 to 10-year paper. I believe they will come under pressure to try to prevent the national debts from exploding, which will introduce yet another crisis of inflation. By trying to peg the rates, when the market smells a rat, they will end up in a position of having to monetize the entire debt. We have some very interesting times ahead." Monetizing the debt (printing money to pay down debt) will destroy the value of the dollar and lead to huge inflation before the crash and burn. Yes? https://www.armstron...ock-hard-place/
Edited by Russ, 13 June 2019 - 12:50 AM.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#90
Posted 13 June 2019 - 07:26 AM
Russ, some trivia for you.
8/24/19 will be 162 years from the the major company crash 8/24/1857 that precipitated the very first US financial crisis.
And 8/24/1987 was one day from the then pre crash high.