4036 replies to this topic

[dharma]

when the fed pivots its game on , until then there will be pressure.   thats my 2c

dharma

[senorBS]

Senor learning the patience game (never too old to learn!), almost all commods gettin whacked. Remember several weeks ago I commented on clean big 5 waves d0wn in COPX and FCX - we had the B waves are are now well into BIG C's down IMO. Lots of miner stuff made new lows since 2020 top today. Did a small bit of buying today in miners, URA and one oiler as well. About 5% long, being very careful and looking to leg into "extremes". as always DYODD

 

Senor

[senorBS]

we are correcting a 55 month up move gld is holding great it is

 

nowhere near its low of mar 2021 once gld goes thru 176 it is going to fly

 

and it will i am sure of that and it will soon 

always make me nervous when someone says they are "sure of that". Never be "sure" of anything is my motto, being cautious last few weeks have been the smart move. Just my take

 

Senor

[linrom1]

when the fed pivots its game on , until then there will be pressure.   thats my 2c

dharma

It's nice to know that all it takes is 1.25% Fed Funds rate, 3% interest on US10 and commodity price suppression to bring down inflation. Nice plan, but what about the farmers?

[dougie]

Senor learning the patience game (never too old to learn!), almost all commods gettin whacked. Remember several weeks ago I commented on clean big 5 waves d0wn in COPX and FCX - we had the B waves are are now well into BIG C's down IMO. Lots of miner stuff made new lows since 2020 top today. Did a small bit of buying today in miners, URA and one oiler as well. About 5% long, being very careful and looking to leg into "extremes". as always DYODD

 

Senor

5% long? Be bold, stay sold!

Did gold double top? Enquiring minds...

 

maybe inflation was a flash in the pan the govts around the world want to blow sh*t up now

[dougie]

you may think i am joking but What If the Inflation narrative was a ruse and major headfake?

[dougie]

you may think i am joking but What If the Inflation narrative was a ruse and major headfake?

or not a ruse exactly but a flash in the pan or a sleight of hand?

[Russ]

you may think i am joking but What If the Inflation narrative was a ruse and major headfake?

Armstrong predicted the inflation we see now and it is not over, he says it will go into 2024. Oil over 200 next year and oil is the primary driver of inflation because our civilization runs on it largely. The old high on the crb in 2007 should easily be taken out but perhaps some corrective activity will happen before that. 

[dougie]

 

you may think i am joking but What If the Inflation narrative was a ruse and major headfake?

Armstrong predicted the inflation we see now and it is not over, he says it will go into 2024. Oil over 200 next year and oil is the primary driver of inflation because our civilization runs on it largely. The old high on the crb in 2007 should easily be taken out but perhaps some corrective activity will happen before that. 

 

Thanks Russ.

i would not rule that out.

[gannman]

the commodities were in bear markets for years. they are just starting their run imo