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the equinox marks the turn in the pm sector "a new leg higher"


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#21 Russ

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Posted 07 May 2021 - 08:10 AM

Hit Hadik's number and boom bounced right off. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#22 dharma

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Posted 10 May 2021 - 10:08 AM

i show 1853 as resistance. this area ie 1850 seems like a likely resting place before the advance continues. lots of previous lows in this area. looking for higher highs later in this cycle by the summer

dharma



#23 dharma

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Posted 10 May 2021 - 11:41 AM

tomorrow is the new moon . i look for a top, into this area of resistance, in gold . i scaled back a little in dba , which i have had since late summer.  so nice gains there.  and i am selling a little bit of pms to have cash.  there is a lunar eclipse on the 26th of may , which could unveil something then a solar eclipse june 10 i look something to ignite gold  i will be watching to see if the big players start or continue to load up into the correction that i see coming up.    the powers that be are on a course to create more currency.  that is the theme

dharma

the colonial pipe line is a major carrier of wti this could stress in different areas of the country. i am looking for higher oil prices anyway, not related to this event.   21 could see some flare ups in the middle east


Edited by dharma, 10 May 2021 - 11:46 AM.


#24 dharma

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Posted 10 May 2021 - 02:03 PM

what s interesting to me in this chart https://pbs.twimg.com/media/E09ozVQVcAM8XDI?format=png&name=900x900 

is it will be 100 years 2023 , that is where i see the 8yr cycle bottoming and the parabolic rise  beginning.   from 21 till then a bout of deflation where the presses will crank up

  roubini  professor at nyu  https://www.kitco.co...Market-Analysis

dharma

miners lagging here is the clue.  i look for big $$$  to be big buyers on this coming correction

 just back from zion.  stayed in a cabin w/limited internet access    recharging the batteries. some amazing hikes . the place is fantastic. by 5pm most leave the park and by 730 the shuttle bus stops running and the park goes dead silent. deer and big turkeys would come and feed on the grass outside the cabin.  i love the national parks  . have done 5 since covid.   they are wonders of the world.   


Edited by dharma, 10 May 2021 - 02:06 PM.


#25 dharma

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Posted 10 May 2021 - 03:04 PM

i have been following david hunter on twitter for awhile here he is on jake  

looks to me like the correction has begun 

did some light selling so i am on the buy side

waiting

dharma

@some point there will be no physical available.  the public is still sleeping . watching the government take care of them w/moratoriums, stimulus checks, and unemployment checks. thats how you convert folks to socialism



#26 dharma

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Posted 11 May 2021 - 10:57 AM

correction has begun, i dont think this will be a deep affair. it will take some time.silver keeps inching to the breakout point.   that giant rising wedge pattern in the sp seems ripe.    

lynette zang has been around for a long time.    back to serfdom!

stan the man druckenmiller saying the fed needs to change policy.

dharma



#27 Russ

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Posted 12 May 2021 - 12:24 AM

what s interesting to me in this chart https://pbs.twimg.com/media/E09ozVQVcAM8XDI?format=png&name=900x900 

is it will be 100 years 2023 , that is where i see the 8yr cycle bottoming and the parabolic rise  beginning.   from 21 till then a bout of deflation where the presses will crank up

  roubini  professor at nyu  https://www.kitco.co...Market-Analysis

dharma

miners lagging here is the clue.  i look for big $$$  to be big buyers on this coming correction

 just back from zion.  stayed in a cabin w/limited internet access    recharging the batteries. some amazing hikes . the place is fantastic. by 5pm most leave the park and by 730 the shuttle bus stops running and the park goes dead silent. deer and big turkeys would come and feed on the grass outside the cabin.  i love the national parks  . have done 5 since covid.   they are wonders of the world.   

Top Link is broken.  I went to the Pacific Rim National park (Tofino) on Vancouver Island, surfer's paradise, a very lovely place to check out. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#28 dharma

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Posted 12 May 2021 - 09:41 AM

 

what s interesting to me in this chart https://pbs.twimg.com/media/E09ozVQVcAM8XDI?format=png&name=900x900 

is it will be 100 years 2023 , that is where i see the 8yr cycle bottoming and the parabolic rise  beginning.   from 21 till then a bout of deflation where the presses will crank up

  roubini  professor at nyu  https://www.kitco.co...Market-Analysis

dharma

miners lagging here is the clue.  i look for big $$$  to be big buyers on this coming correction

 just back from zion.  stayed in a cabin w/limited internet access    recharging the batteries. some amazing hikes . the place is fantastic. by 5pm most leave the park and by 730 the shuttle bus stops running and the park goes dead silent. deer and big turkeys would come and feed on the grass outside the cabin.  i love the national parks  . have done 5 since covid.   they are wonders of the world.   

Top Link is broken.  I went to the Pacific Rim National park (Tofino) on Vancouver Island, surfer's paradise, a very lovely place to check out. 

 

thanks russ https://pbs.twimg.com/media/E09ozVQVcAM8XDI?format=png&name=900x900 i tried the link it worked for me . i wonder if its because i have a twitter account. the chart shows the german hyperinflation w/march 23 being the low and from there it skyrocketed straight up  here are some charts  https://www.google.com/search?q=weimar+hyperinflation+chart&rlz=1C1CHBF_enUS932US932&sxsrf=ALeKk03iPbhbkfsdOpApuN03Kxc_e6ZQSw:1620830797405&tbm=isch&source=iu&ictx=1&fir=t1UqsPKQ_U2TOM%252CzKpuRGLWI4jisM%252C_&vet=1&usg=AI4_-kSX8S_9tWvxisiuwaIrghBBl6-X5Q&sa=X&ved=2ahUKEwiq7q2fscTwAhXBXM0KHSMhDq0Q9QF6BAgOEAE&biw=1422&bih=678#imgrc=t1UqsPKQ_U2TOM .w/the colonial pipeline being down, its a major carrier of crude and gas , i expect oil prices to rise adding to inflation.   golds case for higher prices continues to rise , price will follow.  i continue to be a buyer on weakness.  last year during this time frame the market consolidated into june  

dharma


Edited by dharma, 12 May 2021 - 09:47 AM.


#29 dharma

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Posted 12 May 2021 - 10:08 AM

here is the silver chart i am using   its a thing of beauty. text book perfect https://cdn-ceo-ca.s3.amazonaws.com/1g9njoh-E1L93X2XoAQ2WVA.png  if that doesnt work https://www.lombardiletter.com/wp-content/uploads/2016/11/silver.png not as perfect a chart. as the 1st image

dharma


Edited by dharma, 12 May 2021 - 10:14 AM.


#30 dougie

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Posted 12 May 2021 - 04:22 PM

that targets somewhere in the outer solar system