1426 replies to this topic

[senorBS]

 

is the USD done for now to the downside?

 

Maybe gold pauses for a few months?

There sure seems to be lots of "bubbles" around - Bitcoin/TSLA/stock mkt in general?/real estate? I need to step back and reevaluate

 

Senor

[Russ]

I was never a real gold bull until now. So what has changed: Gold should trade at $3,000 solely based on the fact that we have a demented crazy Speaker of the House and senile President elect.

Yes and Pelosi is trying drag Trump out before Jan 20, she called the Joint Chiefs and talked about Trump starting a Nuclear war!

Pelosi is 80 years old now and is obviously insane and evil.  She may also be worried about reports that Italians working with CIA and US Embassy staff were involved in moving votes to Biden through the internet. I got out of my gold position btw and am now waiting for a new entry point.  https://www.armstrongeconomics.com/international-news/politics/italian-connection-video-partly-recorded/   https://nationsinaction.org/2021/01/press-release-voter-fraud/  https://www.youtube.com/watch?v=QBGiHZfOheI&feature=youtu.be

[dougie]

 

 

is the USD done for now to the downside?

 

Maybe gold pauses for a few months?

There sure seems to be lots of "bubbles" around - Bitcoin/TSLA/stock mkt in general?/real estate? I need to step back and reevaluate

 

Senor

 

Is TSLA worth more than the entire Universe yet? If not, no top

[Smithy]

Granted gold is messy but I have 5 clean waves up in silver since the late Nov low, and today's drop retraced about 55%, so I don't yet see a longer term bear move as confirmed, but Monday can change that.

[senorBS]

Granted gold is messy but I have 5 clean waves up in silver since the late Nov low, and today's drop retraced about 55%, so I don't yet see a longer term bear move as confirmed, but Monday can change that.

Prob I have with that is its about the only decent 5 up on the board - its a "lonesome" count IMO. And the problem with the silver 5 up from NOV is that SLV best counts as THE low being late Sep, therefore late Nov. low is clearly a higher low then Sep and possible "B" wave bottom, and that 5 up is now "C" ended - just as viable IMO

 

Senor

[dougie]

 

Granted gold is messy but I have 5 clean waves up in silver since the late Nov low, and today's drop retraced about 55%, so I don't yet see a longer term bear move as confirmed, but Monday can change that.

Prob I have with that is its about the only decent 5 up on the board - its a "lonesome" count IMO. And the problem with the silver 5 up from NOV is that SLV best counts as THE low being late Sep, therefore late Nov. low is clearly a higher low then Sep and possible "B" wave bottom, and that 5 up is now "C" ended - just as viable IMO

 

Senor

 

agreed

[ryanoo]

 

I was never a real gold bull until now. So what has changed: Gold should trade at $3,000 solely based on the fact that we have a demented crazy Speaker of the House and senile President elect.

Yes and Pelosi is trying drag Trump out before Jan 20, she called the Joint Chiefs and talked about Trump starting a Nuclear war!

Pelosi is 80 years old now and is obviously insane and evil.  She may also be worried about reports that Italians working with CIA and US Embassy staff were involved in moving votes to Biden through the internet. I got out of my gold position btw and am now waiting for a new entry point.  https://www.armstrongeconomics.com/international-news/politics/italian-connection-video-partly-recorded/   https://nationsinaction.org/2021/01/press-release-voter-fraud/  https://www.youtube.com/watch?v=QBGiHZfOheI&feature=youtu.be

 

"Augustus undermined and lessened the significance of the election results, eventually eliminating elections entirely. He also diminished the importance of the offices themselves - the senate was full of his supporters, so candidacy was based on flattery and not on merit, since he could nominate senators freely and essentially controlled all membership. Augustus had extensive influence over the magistrates as well; he was given the power to grant commendation to candidates for office, which became a guarantee of winning the election.He later nullified the power of the elected tribunes by assuming the powers of a tribune without actually holding the office itself, allowing him to act as one without other tribunes challenging him." This is how the Roman Republic ended and is how our American democracy ends. 45% Republicans support the attempted coup in the Capitol yesterday.  If they want fascism, then they shouldn't vote.  Voting is the fundamental democracy and they are against it.  So, Russ and linrom1, were you in DC or in Capitol yesterday?  If not, do you support what they did in the Capitol yesterday? https://www.sun-sent...4nam-story.html

[dougie]

long tail closes on weekly like today typically bode well for a few days AT LEAST

[senorBS]

 

 

I was never a real gold bull until now. So what has changed: Gold should trade at $3,000 solely based on the fact that we have a demented crazy Speaker of the House and senile President elect.

Yes and Pelosi is trying drag Trump out before Jan 20, she called the Joint Chiefs and talked about Trump starting a Nuclear war!

Pelosi is 80 years old now and is obviously insane and evil.  She may also be worried about reports that Italians working with CIA and US Embassy staff were involved in moving votes to Biden through the internet. I got out of my gold position btw and am now waiting for a new entry point.  https://www.armstrongeconomics.com/international-news/politics/italian-connection-video-partly-recorded/   https://nationsinaction.org/2021/01/press-release-voter-fraud/  https://www.youtube.com/watch?v=QBGiHZfOheI&feature=youtu.be

 

"Augustus undermined and lessened the significance of the election results, eventually eliminating elections entirely. He also diminished the importance of the offices themselves - the senate was full of his supporters, so candidacy was based on flattery and not on merit, since he could nominate senators freely and essentially controlled all membership. Augustus had extensive influence over the magistrates as well; he was given the power to grant commendation to candidates for office, which became a guarantee of winning the election.He later nullified the power of the elected tribunes by assuming the powers of a tribune without actually holding the office itself, allowing him to act as one without other tribunes challenging him." This is how the Roman Republic ended and is how our American democracy ends. 45% Republicans support the attempted coup in the Capitol yesterday.  If they want fascism, then they shouldn't vote.  Voting is the fundamental democracy and they are against it.  So, Russ and linrom1, were you in DC or in Capitol yesterday?  If not, do you support what they did in the Capitol yesterday? https://www.sun-sent...4nam-story.html

 

Ya know I almost responded to those previous political comments but I refrained, I will not try to "tell" anyone what they can or cannot say. But I do "appeal" to posters here in these very emotional/disturbing times to keep away from political comments, unfortunately with where we are at now it this country it would only end badly and this board would become a sink hole with no ideas shared. Lets try to maintain the level of the very good discourse we have here. My take FWIW

 

Senor

[senorBS]

long tail closes on weekly like today typically bode well for a few days AT LEAST

was just looking at a monthly TSLA chart from June/July time frame (trading at $45-50) from of 2019, looks like 1-2-3-4 and now a massive 5 that has now seen a bit more than a doubling from early Nov. I guess it just how crazy this parabola gets? They always end the same way

 

Senor