1426 replies to this topic

[Smithy]

I wonder if that means the velocity of M2 - a much-watched chart - is gone too?

 

[dougie]

https://fred.stlouisfed.org/series/M2

PSA: The Fed has discontinued the M2 money supply measurement.

Now...why would they do that?
 

 

Senor

easy: they ran out of zeros

[crossd]

 

https://fred.stlouisfed.org/series/M2

PSA: The Fed has discontinued the M2 money supply measurement.

Now...why would they do that?
 

 

Senor

easy: they ran out of zeros

 

dougie..you are sharp!!!!

 

donc

[senorBS]

 

https://fred.stlouisfed.org/series/M2

PSA: The Fed has discontinued the M2 money supply measurement.

Now...why would they do that?
 

 

Senor

easy: they ran out of zeros

 

  

[senorBS]

looks like another early beat down attempt that gets met with buying, like what I see. KL earnings seem well rec'd so far - lets see if that pig can fly? we see

 

Senor

[linrom1]

looks like another early beat down attempt that gets met with buying, like what I see. KL earnings seem well rec'd so far - lets see if that pig can fly? we see

 

Senor

$.98 QTR earnings on a $35 stock. That's a P/E of about 12.

 

This kind of valuation will not go unnoticed forever.

[dharma]

gold dsi =28

silver dsi=83   the silver dsi is a bit disturbing

the narrative of today is rising 10yr prices=bearish for gold   that chart is clear as day

yet i traded in the 70s where rising rates were the trend and so were rising gold prices

it seems folks are expecting a deflationary outcome.   i am positioned for STAGFLATION  which seems like the path

of least resistance.

i am nibbling on silver miners this am as divergences in the oscillators continue to develop

dharma

[gannman]

using nem as a proxy that stock needs to rally for a rally to occur

 

whatever the wave count is.  

[senorBS]

tough day in most miners, some holding up better than others. Looks like "bond issue" with recent rising rates is at hand, had some stops hit early on so about 33% long now. NEM "so far" holding up fairly well, stuff like GDXJ hit harder down now over 5%. This last hr could be ugly, however any sharp mkt decline IMO only brings in more easy money which ultimately will IMO lead to a much lower dollar and perhaps the FED as I have mentioned before may at some point try to "cap" longer term rates, interesting times

 

Senor

Edited by senorBS, 25 February 2021 - 03:19 PM.

[senorBS]

Hey Dharma, I just bot an initial tranche of Novo (NSRPF) at 2.45. You have mentioned it before and I have traded it a few times over past few years and I know the story. I like the wave pattern from the Dec low to recent Feb high as it looks like a big 5 up. We have reached an area of what I consider first support at 2.40-2.45, I bot an initial smallish position, may add if it works lower

 

Senor

Edited by senorBS, 25 February 2021 - 03:38 PM.