2864 replies to this topic

[Smithy]

Russ, here's a piece from Lyn Alden modestly titled The Ultimate Guide to Inflation.

 

https://www.lynalden.com/inflation/

[Russ]

 

Correction, above should say mid June correction, so possibly a low will form in mid June before rallying into August then weakness into late Oct. 

yes this is my favored

 

Hey Dougie,  You mentioned a gold stock before that went up a lot that you regretted not buying. Which stock was that again?  Tnx.

[Russ]

Russ, here's a piece from Lyn Alden modestly titled The Ultimate Guide to Inflation.

 

https://www.lynalden.com/inflation/

Thanks, Smithy.  Peter Schiff also thinks inflation is going to get out of control because of all the printing and the dollar will crash with gold skyrocketing. 

[K Wave]

Silver really needs to hold 25.80 area here dead ahead....and then reclaim 26

 

IF not, then potential Solstice Shake and Bake event may be cancelled....

 

Still seeing de-speculation signs everywhere....crypto getting absolutely hammered as expected...

Edited by K Wave, 22 June 2021 - 07:40 AM.

[K Wave]

For equities, now just waiting for NDX to roll....could come as soon as today....14200 still looks like key level on NQ to me...

[K Wave]

possible we just saw last gasp on NQ....back below 14100 now, and bears may finally have something to say for a bit there....

 

not ruling out one last surge over 14200 to finish things off, but may not happen....

[K Wave]

that 5 min pivot on Silver could be real important going forward....

 

if bulls do not reclaim it real soon, then careful out there....

 

[K Wave]

IS the dead cat at the 200 over in Palladium???

 

Likely going to start to get real ugly there if that 200 does not hold....complete momo breakdown not real encouraging.....

 

[K Wave]

5 min look at Palladium

 

[K Wave]

Silver still holding where it needs to so far....

 

just need to crack 26, and hold it, to get the turn underway

 

big moment of truth could be dead ahead....