Dharma the key question to me in the broad mkt is whether the drop into March was 5 down for wave A and we have been in a wave B corrective bounce with the QQQs drastically outperformimg. I know they have thrown/created/printed an incredible amount of money and that has obviously helped with this rally. However those were momentum lows in March and IMO it would be unusual to not at least retest those lows, but again these are exceptional times. And we have never seen this incredible and rapid a drop in the economy and rise in unemployment, hard for me the fathom even this amount of printing can overcome that, but this phrase "we live in interesting times" has never for me been more meaningful. I will keep buying weakness in miners I like
Senor
amigo, i am looking at the astrology and saying there is no way we get to the end of september w/o a meaningful takedown in
the broad market and qqq the lows in the qs occurred 3/23 while the lows in momo occurred the end of february. . now i understand insane amounts of money were created and thrown at the poster boy . but its easy to see that certain sectors did much better than other sectors. . i am looking for a pullback and what little amo i am willing to commit i am waiting to see if gold gets sucked down w/it ala 08 when the financial fiasco hit the market gold got sucked down to 680 .
what s interesting to me in the pm sector is it seems day in and day out silver gains ground on gold. miners continue to hoover around the highs for my account . so , i have no complaints. i added to white gold . i saw what shawn ryan was doing way back when, and now sprott, , aem, and kgc took seats at the table. i like the jurisdiction and we will see who ultimately manages the property i read that piece ryanoo referred to by dalio. i love that kind of stuff. 500 yrs of economic history . i read everything i can by ray . this chart tells the whole story . https://media-exp1.l...YclRuO4nLYf7urI ryanoo posted it
dharma
