reminds me of Germany's post

Bitcoin

Posted by holmes on 13th of Mar 2025 at 04:44 pm

reminds me of Germany's post WW1 strategy of printing their way out of the Allies reparations placed on them.  I have some $100,000 post war Reichsmarks to prove it.

Hilton was a bell hop at a hotel in Germany and the owner tipped him a gold coin which several years later he used to buy the hotel from the owner when he became insolvent and had to sell and no-one had anything of value left.  You know the rest of the story.

Maybe that is the strategy to pay off the debt the congress critters have voted for over time.

Nutso for sure. So what

Bitcoin

Posted by bdw2trade on 13th of Mar 2025 at 04:43 pm

Nutso for sure. So what happens when the lights go out ?  One EMP and your back to the stone age.
As an example I heard in the Florida cyclone, no power or internet for 10 days.  How could you purchase anything in that time, well cash was king.  No credit cards accepted.

I remember when AMC was

Bitcoin

Posted by mastermind on 13th of Mar 2025 at 04:36 pm

I remember when AMC was supposed to go to $500k, or other ridiculous predictions. 

Silver big picture

Posted by matt on 13th of Mar 2025 at 04:25 pm

Here's a quarterly chart of silver - sort of like a 45 year ascending triangle

two major peaks at $50, once in the 2011 blow off move, and in 1980 when the Hunt Brothers tried to corner the  silver market and almost went bankrupt. 

That great movie from 1983 with Eddy Murphy, where those guys tried to corner the frozen orange juice market, I wonder if they got that idea from the Hunt Brothers since it was only a couple years before the move LOL

smoking that hopium again 

Bitcoin

Posted by holmes on 13th of Mar 2025 at 04:13 pm

smoking that hopium again 

Bitcoin

Posted by matt on 13th of Mar 2025 at 04:10 pm

$BTCUSD - Chart Link- nice bounce and rejection at underside of 200 day MA

that nutso Michael Saylor - a couple weeks ago I heard him talking about the strategic Bitcoin reserve of 200,000 Bitcoins the Gov set up - his comment was that those Bitcoins would eventually be able to pay off the US National Debt and would be worth 100 trillion dollars

LOLOL give me a F-ing break.  I don't know how he's even allowed to make such statements being a public CEO. Bitcion would have to be worth 500 million for that to happen LOL

Here's the facts, if Bitcoin is ever worth 500M, then we are probably in a mad max scenario - probably better to have guns, gold, food

he also made the statement that Bitcoin is the most reliable financial instrument for gaining value

Stop on remaining raised above break even - barring a gap down. It's not exactly the best bargain in the space; that would probably be SVM. 

NVDA

Posted by matt on 13th of Mar 2025 at 03:59 pm

NVDA - Chart Link has held up relatively well after finding support in that demand zone 3 days ago

yeah I've never had good luck holding pm mining stocks into earnings

I believe that WPM reports

Posted by mastermind on 13th of Mar 2025 at 03:55 pm

I believe that WPM reports today, and also QBTS, which has become the relative strength leader in the quantum space. I also sold some of that today and hold more that is in the black. But who knows what's going to come out of that report. 

Stocks in the SPX above

Posted by EdZ on 13th of Mar 2025 at 03:50 pm

Stocks in the SPX above the 20 ema is below 20% and BPNDX is below 35.

OK, sold half of GLD.

GC nearing round $3000 

Posted by mastermind on 13th of Mar 2025 at 03:49 pm

OK, sold half of GLD. Also took some profits on AGI and WPM earlier. I'd be fine if some of that money rotated back into other sectors. 

Many sellers lurking around that

GC nearing round $3000 

Posted by steve on 13th of Mar 2025 at 03:44 pm

Many sellers lurking around that 3000 (first test especially)

Larry Fink, chief executive of

Posted by Glad on 13th of Mar 2025 at 03:42 pm

Larry Fink, chief executive of BlackRock, the world’s largest asset manager, said Wednesday that the Trump administration’s barrage of policy changes is paralyzing American consumers and businesses — and that’s already hurting the economy.

“The collective impact in the short run is that people are pausing, they’re pulling back,” Fink told CNN’s Kayla Tausche in an exclusive interview. “Talking to CEOs throughout the economy, I hear that the economy is weakening as we speak.”

GC nearing round $3000 

Posted by steve on 13th of Mar 2025 at 03:39 pm

GC nearing round $3000 

I too am in all the systems and praying for a SUPERBALL SIZED BOUNCE!!!!

Short HD Updated

Posted by steve on 13th of Mar 2025 at 03:34 pm

HD - Chart Link - here is the updated view on that shelf breakdown

Remember this setup on HD?

HD Daily

Posted by steve on 13th of Mar 2025 at 03:33 pm

Remember this setup on HD?

BOIL daily - ?  Wasn't

Posted by holmes on 13th of Mar 2025 at 03:21 pm

BOIL daily - ?  Wasn't paying attention and missed my KOLD entry  on the 5 min.  I know, ugly looking IHS

Nice view on SPX Matt

3/20 ES Levels June Contract (ESM25)

Posted by steve on 13th of Mar 2025 at 03:21 pm

Nice view on SPX Matt - also notice VWAP right at that area 

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