PA gettin' real close to decision time now...
seems its time for a new thread. war markets are treacherous
#1101
Posted 18 May 2022 - 08:37 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1102
Posted 18 May 2022 - 08:51 AM
just bot back what I sold yesterday, back to about 28% long, as always DYODD
Senor
#1103
Posted 18 May 2022 - 10:40 AM
my big concern is the 23.5 yr cycle, 8yr cycle , and shorter cycles are all poining down . i realize the fundamental backdrop is quite bullish for gold. particularly if the dollar has topped. japan has scaled back its holdings of us treasuries. so , i have my core and nothing else. these cycles bottom in late 23 early 24 then its game on.
i put up a felix zulaf interview at the end of last year. felix is looking for a tr between 1700-2100 on gold . this may in fact be the frustrating story
dharma
smithy here is burry https://markets.busi...a-lot-further-6
he is quite bearish on the broad market
#1104
Posted 18 May 2022 - 10:49 AM
Gold gettin' some fear bid...as stocks lookin' mighty ugly...especially Transports
PL and PA at the cliff edge...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1105
Posted 18 May 2022 - 10:53 AM
i am thinking the gld sector is done with its correction gld up and gdx hanging tough here
nice. imo broad market is most likely entering iii of 3 i believe qqq is going to about 220 area fwiw
going to buy some more in the gold sector
#1106
Posted 18 May 2022 - 12:23 PM
this would be the crash wave. if it is going to crash it will do it in this wave down
and this leg should last until at least the june equinox if not longer . we are going to go
into total crisis mode imo
#1107
Posted 18 May 2022 - 12:56 PM
BTC coiling up for BIG move...if it is down, may take metals with it...and vice versa...
imo at least one more leg up
#1108
Posted 18 May 2022 - 01:06 PM
Palladium back under 2K...at the edge of huge cliff now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1109
Posted 18 May 2022 - 01:32 PM
wrong board...
Edited by K Wave, 18 May 2022 - 01:33 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1110
Posted 18 May 2022 - 02:04 PM
ths system is starting to shake.
i doubt that the fed gets the june rate rise off
yup, volcker at the fed , real inflation fighters
when the fed reverses course, gold is going to rocket
starting to look like a distinct possibility\
dharma