3309 Drysdale Ct
Edwardsville, IL 62025
S&P stoch action
gold weekly 34 ema watch
stimulus bill getting worked on today before the Senators take a
week off. Maybe they going to their panic rooms. Rate cut, QE
???? Be good for a day bounce again . lol
you may like HEP holds only 10 majors, 8% each
GOEX gives you some Aussie exposure. in the gound
explorers silvercrest, chesapeake gold. Forgot to mention the
13 trillion in bonds yielding negative elephant in the room, not
the virus. Spend the 15 bucks and sub to armstrong basic .
FED pumped billion into repo to curb the rise in bonds, panic
gone now. 30 yr bond shows it and big guys selling assets to cover
bond losses say the Armstrong. Gold just an everyday asset now as
gov't put it in lockdown, cannot travel with it, hard to exchange
it without paperwork, millennials have no use for it....go try to
buy a cup of coffee with a silver ounce bar, lol I gander the
place to be is the juniors and big open pit explorers to sell their
stories and play the leverage but just not at that point in time
yet. They will preach stories of big mine to be built but always a
pipe dream as it takes 30 yrs to make a mine and the bubble always
pops before .... been thru a few of these cycles ,seen it all
many times. Word of advice for the brave ones buying
explorers is make sure the share count is low, market turns down
for yrs and they consolidate 10:1 and crater the price again and as
the bosses say here 'follow the chart in front of you' foremost.
Never ever fall in love with a gold/silver stock. If in a mining
journal write up as the best thing since sliced bread,
Rant over, burnt and learnt.
Gold with lots of divergence
ugly if she ( him, it) closes end of month below horizontal. So
much for productivity in Canuckland ...
10 yr rates quarterly chart. Gotta flip soon.
tlt up 8 %
you mean this circuit breaker? lol
10 yr c/w 2hr neg divergence, gold just couldn't break
gold channel and big opec meeting right now so see how much they
cut production, oil bounce perhaps. Fed pumping in huge with repo
trying to keep rates from exploding. Armstrong says 3rd week of
this month huge . Double top watchers selling
oil bounce from dec 2018 low
Norton said my computer might be infected
Kroger. more virus,more panic, more bum fluff.....
Gotta keep the rates low to service the debt, getting dicey now.
Big #'s out there.
Repo ribbon Yikes!
Russia default and repo today have the same action but this time
it is gov't debt, money gotta flow somewhere. One more drop to 200
weekly ma . Super Tuesday jitters
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