well another fed/bankster scam.
august job reports have not been seasonally adjusted and are always below consensus . so if one did a little research the scam was brought to light
in addition the market was oversold. notice though they could not hit gold like they used to . the miners are more leveraged and had run 200% so they were easier targets. these scams will continue until loss of confidence in the cbs takes place.
now i think this will be a B wave, w/small chance it is an impulse.
i do see india back in the market. which seasonally is the time of year for that to happen. so gold/silver will have a bid. the miners will remain much more volatile. i have shown charts which show the miners in a downtrend vs gold for the last 20 yrs . was 16 the kickoff to the turn? way too early to tell . if inflation starts to pick up , then i think it is . i am positioning myself for such an eventuality the banksters want inflation . they will get it
kuroda talks monday. i expect he will announce bigger qe and more negative rates, even though these policies have not worked and are destined for failure. but the status quo thoughts got us into this mess and they are not going to get us out of this mess.
the next scam will be the call for below 1k , this call is not out of the ballpark but it is a low %age chance. but the purpose will be to keep folks away, weak hands. i will be buying w/my eyes glued to the oscillators which are based on market action. over sold and divergenging is not infallible , but it has a high rate of success in 80 the call was for 1k those folks are still holding
dharma.
Edited by dharma, 02 September 2016 - 10:31 AM.