Trump has mentioned in his books many times, if someone screws you, screw them back 10X harder. He’s been screwed over from day one by virtually every democrat and especially the Main Stream media. I have a feeling he wants revenge and he’s going to take out what he can, ahead of November.
Be careful out there friends. The volatility has been wicked. Don’t let it whipsaw you to death. Sometimes the best play is no play. Good luck.
So yes, we are on a ride right now. And it is a wild ride that is about to get even wilder. But let's maintain our perspective about what this ride is and what it's about.
The coronavirus's impact on mining not only prevents an expansion of supply, but may actively shrink new production at the very moment gold demand is surging.
You’re living through history folks. Never in history has there been negative rates. Never in history has a central bank been this powerful. We’re in the very description of “never seen before” and if anyone says they know how it all works out, they’re lying. Get more popcorn, this show ain’t over.
We are in the middle of the greatest economic/banking experiment the world has ever seen. To think we get out unscathed is wishful thinking.
...don’t wait for a loved one to pass before going down memory lane. Do it while they’re still here. Enjoy the memories together. It’s a welcome break from the madness of this current world.
My guess is that we ARE going down to test that level. Whether it holds or not is anyone’s guess. But the play right now, is totally defensive.
A coming crisis will likely be triggered by a collapse in the dollar’s value and a rejection of the dollar’s world reserve currency status.
There’s a hundred places to buy a safe, and a million prices. But if you’re like me, you want the most value for the money you spend.
We could see huge draw downs, and equally huge explosions to the upside. Unless you’re a very nimble trader, sitting it out could be your best play. Just sayin…
Markets do indeed move based on political reasons as well as fundamentals, and what have you.
I think the market continues to rise, maybe to all-time highs, until something big happens in the investigations. Then things could get rocky for a while. I’m leaning long, with a finger near the sell button. It’s my only choice. Have a nice day, I’m off to call my Friend and hope he’s able to speak.
The key to gap opens, is to be IN the stock and reap the benefits of the gap. Consider the following “facts”.
We know the biggest problem driving the price of gold is the ever-burgeoning stack of public debt, which the folks at ValueWalk believe could be exacerbated by inflation next year.
They recently reported Noble Gold founder and CEO Collin Plume's observation that central banks will have to bear to brunt of "government generosity."
So here we are, where everyone from staff at the White house, to old dinosaur Wall Street denizens, to SEC members to brokerages, are all trying to figure out what to do with these upstarts. It’s really quite funny to watch.
So, from up here in the cheap seats, it seems to me that Amazon and other major companies have the scale and scope to work out insanely cheap rates with UPS, so they can offer “free shipping,” while the “retail” guy gets to make up for all the money they’re losing on Amazon.
Most of you probably know what this past week was like in market land. Enormous swings up and down. The NASDAQ losing 2K points from its high just 14 sessions ago. Entire indexes giving up all their 2021 gains.
Shortly after the open on Friday, things went south again. The NASDAQ peeled off another 350 points, the DOW plunged red by another 200+ the S&P was blood red by 40. It was another slaughter day. Until….
Last March, in 2020 “they” decided that in a year, they would end the “SLR” program. What’s that you ask? Policy manipulation that gave banks more latitude on what they could hold, reserve requirements, etc.