Posted by fibbtrader on 11th of Oct 2019 at 11:43 am
After reading Ray Dalio's Big Debt Crises, IMO, Fed bridging the
deficit as the last resort buyer of bonds by printing its own money
(which technically doesn't have any value) and artificially
floating money to prop asset prices up is the biggest ponzi
scheme.
True all the debt upon debt, house of cards are what worry Steve
and I long term, but also you could make that case for the last 9
years, the key is when will the piper have to be repaid? Now or
next year or 5 years? who knows, you can't trade off that, just
something to be aware of, but otherwise your trading should not be
based on that., focus on price action and charts, those provide
actionable trades, triggers, stops, vs the extraneous stuff that
you have no idea when it will hit
After reading Ray Dalio's Big
Posted by fibbtrader on 11th of Oct 2019 at 11:43 am
After reading Ray Dalio's Big Debt Crises, IMO, Fed bridging the deficit as the last resort buyer of bonds by printing its own money (which technically doesn't have any value) and artificially floating money to prop asset prices up is the biggest ponzi scheme.
True all the debt upon
Posted by matt on 11th of Oct 2019 at 11:54 am
True all the debt upon debt, house of cards are what worry Steve and I long term, but also you could make that case for the last 9 years, the key is when will the piper have to be repaid? Now or next year or 5 years? who knows, you can't trade off that, just something to be aware of, but otherwise your trading should not be based on that., focus on price action and charts, those provide actionable trades, triggers, stops, vs the extraneous stuff that you have no idea when it will hit
Next GLD/GDX entry on this
Posted by ssaffer on 11th of Oct 2019 at 12:29 pm
Next GLD/GDX entry on this low swing setting up this week or next week should be a great re-entry.