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WWW tomorrow(Weird Wollie Wednesday)


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#11 pdx5

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    I want return OF my money more than return ON my money

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Posted 12 August 2021 - 08:17 AM

SPX had the same purchasing power now as in 1960's. It simply reflects debasing of the dollar.

FED was created to "protect" the currency. They have done the opposite.

 

But not really, because the paper profits are TAXABLE income.


Edited by pdx5, 12 August 2021 - 08:18 AM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#12 linrom1

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Posted 12 August 2021 - 09:59 AM

So into lows on OpEX for gold? I think they're gonna go long after 13 month correction of advance since Nov 2015 low.