the turn and full moon has come and gone. i am looking for a low to form. there are daily divergences forming in the mining indexes
gold itself has made a powerful slingshot pattern and inverse h&s pattern https://gracelandupd...0mar10gold1.jpg
waiting to redeploy some resources. i bought xom and cvx yesterday. as i thought they offered real value, i may be early but its just starter positions. it seems the saudis and russians are bent on ending the us fracking industry. @ these oil prices the frackers are losing big money.
the result of all of this will be stagflation. the fed is trapped and will have to stimulate. the question is when. their last cut was ill timed and did nothing. perhaps they learned from that. they are going to print and print and print some more. how many of our freedoms are going to disappear , as a result of all of this?