we either have a wave 1 of a new bull market or more backing and filling
#871
Posted 02 April 2023 - 10:14 AM
#872
Posted 03 April 2023 - 02:40 PM
quiet round here
#873
Posted 03 April 2023 - 07:48 PM
#874
Posted 04 April 2023 - 12:32 AM
would encourage you all to listen to this:
esp latter half
https://open.spotify...PFv06WuXqUOeD2a
speaks about possibility that US Gov will outloaw gold ownership
#875
Posted 04 April 2023 - 08:47 AM
Avi's closing comments from this weekend re: metals.....
For now, I remain very bullish of the metals complex in the bigger picture as we look out towards the remaining part of 2023. However, I remain somewhat cautious in the very near term, as there is still strong potential for a pullback to be seen before the “melt-up” phase likely begins.
#876
Posted 04 April 2023 - 09:31 AM
Is Silver FINALLY free???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#877
Posted 04 April 2023 - 12:37 PM
https://pbs.twimg.com/media/Fs4nBBhWYBsZV2L?format=jpg&name=900x900 this is an interesting picture . note he has the 8yr cycle low on his chart also , in the same place i have it happening. cycles can shorten, ie left translate. which i believe can be the case here. silver has also broken out. and gdx has taken out its last high. The initial 5 wave advance followed by the correction. is now saying imo the metals and miners, have also taken out their last high. something is a foot. might we be in weimar , w/ the hyperinflation phase on the door step???
dharma
any thoughts anyone?
#878
Posted 04 April 2023 - 03:22 PM
The market is acting as if this was 2020 over again with endless liquidity provided by QE. The rates are being suppressed, inflation will rage and majority of people will become impoverished, but the banks and private equity will be saved.
Thank you Ben, I mean Jerome.
#879
Posted 04 April 2023 - 05:44 PM
linrom 1 sounds like we are on the same page
dharma
#880
Posted 04 April 2023 - 09:10 PM
interesting juncture here.
a local top would make some sense imo. sentiment seems frothy on twitter