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we either have a wave 1 of a new bull market or more backing and filling


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#5811 dougie

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Posted 26 April 2024 - 09:44 PM

the yen is actually crashing. Global repurcussions?



#5812 dougie

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Posted 26 April 2024 - 10:15 PM

the yen is actually crashing. Global repurcussions?

on a Quarterly view though the Yens descent has really SLOWED.

I lived in japan in 1982 with 300 yen to the dollar



#5813 dougie

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Posted 26 April 2024 - 10:20 PM



#5814 dougie

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Posted 26 April 2024 - 10:25 PM

stops nearby OR we go to 181



#5815 K Wave

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Posted 27 April 2024 - 03:38 PM

the yen is actually crashing. Global repurcussions?

 

 

Somebody on this board said this was coming years ago and would get worse when rates came back above Zero....

 

Guess what...even 3 month now above Zero over in the land of now setting sun as far as Yen goes

 

 

And where is Yen? I know you were one who did not believe this was possible, despite it being the only plausible outcome...and here we are...and it will only get worse...the debt monster has finally gotten too big.....and now time for the end game where rates rise astronomically amidst a currency meltdown.

 

And can you believe there were actually Ivy League Intellectual Morons who thought the world could live happily ever after with negative rates back in the heyday??

 

 

30 yr rates already on fire...any one lending to Japan for 30 years at today's rates...or far worse, near Zero, is gonna get their clock cleaned

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5816 K Wave

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Posted 27 April 2024 - 04:21 PM

VERY interesting timeframe looks on G/S this weekend.

 

Pretty much see only 2 likely possibilities here

 

As you can see, hourly and 4 hour both have target zones just a bit higher.....but....Silver  bulls had better hold fast and hard there, or below

 

1 hr

 

 

 

4 hr

 

 

 

because if they do not reverse 6 hour and beyond QUICKLY....then Silver bulls could have just had a HUGE fumble

Perhaps the easiest play in the history of the markets is now long Silver with everything you have on leverage below the HUGE multi-timeframe pivot on a fully synchronous breach....and out or even possibly considering shorts if that pivot is not taken out within next few days.

 

In any event, the picture is clearing up, and I can live with that.....still leaning toward fairly quick upside resolution on Silver if they can prevent full on crashes in PL and PA next week.

 

6 hour

 

 

8 hour

 

 

12 hour

 

 

Daily

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5817 linrom1

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Posted 27 April 2024 - 06:44 PM

And where is Yen? I know you were one who did not believe this was possible, despite it being the only plausible outcome...and here we are...and it will only get worse...the debt monster has finally gotten too big.....and now time for the end game where rates rise astronomically amidst a currency meltdown.

 

And can you believe there were actually Ivy League Intellectual Morons who thought the world could live happily ever after with negative rates back in the heyday??

 

 

Can Kyle Bass get his refund now?


Edited by linrom1, 27 April 2024 - 06:45 PM.


#5818 jabat

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Posted 27 April 2024 - 07:59 PM

Bank Failures Begin Again: Philly's Republic First Seized By FDIC

https://www.zerohedg...rst-seized-fdic



#5819 dougie

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Posted 28 April 2024 - 03:42 PM

interesting take

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OK, once and for all, gold Vs miners I'm laboring this point because the environment for gold looks impeccable And idiots are gonna sell you miners, implore you that this time is different There is zero reason to buy them They trade at least 2 to 3x more risky And they underperform the metal over any significant time period And the cost of trading is high And the liquidity is poor Which means the spread between the bid and ask is high There is no justification in accepting this Unless you're a con on twitter peddling nonsense You know that expression, Where are the Customers' Yachts... The only answer is to own the yellow metal You think the divergence is gonna narrow ? Maybe So allocate 2 to 3 x what you would have bought in the stocks Don't be a dupe


#5820 K Wave

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Posted 28 April 2024 - 03:48 PM

If this is what I think it is on FTSE....roughly equivalent period on Dow from 1960s-80s....but going up for a very different reason...could be wild ride just gettin' underway after bears failed to stop it last week.

 

And just because market is goin' up does not necessarily mean things will be rosy...ask the Merval holders

 

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy