Way back in 2007, the S&P peaked and then fell hard. A few months later (October) it made a higher high and then rolled over at the final top. Fast forward to now, and it’s deja vu. The bubbles are all popping, most sectors have rolled over, every other country has rolled over in $USD terms. So how Skynet keeps making new highs is testament to excellent programming.Â
This mass delusion is running on clown antics and smoke and mirrors…
Ponzi World—2007 deja vue?
Ipso – don’t worry
it’ll come back to you. đ
R640
Yes. Calling the bottom on a technical basis, COT Reports or virtually anything else has been pretty much impossible for the last 7+ years.
About the only thing you can count on is that supposed support will almost always get broken.
Case in point the HUI – years of support in the 150-165 area. Today it hits 150 and is immediately turned back.
$1220 the same thing
Buygold
It’s running away from me now darn it! đ
Buygold–yes! timers digest…and Ballinger the other day…if gold lifts it’s poor head
off the mat for a few days, wildly bullish forecasts emerge…catching THEE bottom will be very difficult…to catch and to hold all the way up…but it’s too early to get all gloomed up…these pullbacks occur in all bull moves…if gold comes back and closes up 5 or 6 or 9 bucks, that will be positive action…
Ipso
They don’t make it easy do they?
You can never have 100% confidence in what you buy.
Buygold
Got a bid in a little below the ask … am thinking of withdrawing it … we’ll see.
Ipso
You should probably get a better entry point on whatever you were looking to buy.
Morning Buygold
Corruption? What corruption? LOL
I’m just glad she’s not president. What a #hit show that would be!
Our market looking pretty blah today …
and here they come…
USD drifting back up. I see sub $1200 on the horizon.
Morning Ipso
You bet your sweet bippy that she knew about it. So did the DOJ, FBI and all the alphabet agencies.
Unfortunately she is a protected swamp creature and Jeffy Sessions is compromised and no help.
Anyone paying attention has to be in stunned disbelief at the corruption – I am.
R640
All that bullishness. $1220 resistance, as they pointed out, seems to be a thousand foot high wall.
I feel a big thump is coming, if not today then certainly tomorrow.
Timer Digest.com
COMEX GOLD 1214.40
Timer Digest–8-24â2018âTop five gold timers
MANFRED ZIMMEL Bull Amanita Market ForecastingÂ
STEVE TODD Bull The Todd Market ForecastÂ
BARRY ROSEN Bull Fortucast ETF TimerÂ
STEVE RHODES Bull Mastering ProbabilityÂ
GARY HARLOFF Bear The Intelligent Fund Investor
Gold, now basis the December 2018 future, continued its four-month decline to the recent low near $1167 in mid-August. Fundamentally, trade-tensions and sub-surface price in- flation persist. Technically, gold is attempting to reverse course with a $45+ rebound from its low. Support for the Deccember contract is $1190, $1170, and $1150. Resistance is $1220, $1250, and $1280.
The Consensus is currently Bullish.
Manfred Zimmel is Bullish.
He said a bottoming pro- cess for gold appears to be pretty mature, and could be com- plete at any time, if not already.
Steve Todd is Bullish.
He suggested gold has likely re- versed trend from a deeply oversold condition with potential for a tradable advance.
Barry Rosen is Bullish.
He allows for a test of recent lows in the context of oversold readings and a positive seasonal.background.Â
Did she know about it? Wouldn’t surprise me.
China Hacked Clinton’s Private Email Server: Daily Caller
A Chinese-owned firm with operations in Washington D.C. hacked Hillary Clinton’s private server “throughout her term as secretary of state and obtained nearly all her emails,” reports the Daily Caller’s Richard Pollock.
The Chinese firm obtained Clintonâs emails in real time as she sent and received communications and documents through her personal server, according to the sources, who said the hacking was conducted as part of an intelligence operation.
The Chinese wrote code that was embedded in the server, which was kept in Clintonâs residence in upstate New York. The code generated an instant âcourtesy copyâ for nearly all of her emails and forwarded them to the Chinese company, according to the sources. -Daily Caller
https://www.zerohedge.com/news/2018-08-28/china-hacked-clintons-private-email-server-daily-caller
Stairs up
USD down nicely. PM’s up a few cents
These little two or three day moves up always seem to lead to a big trouncing when they’re done.
Hard to see this time being any different
Portugeezer–I agree–I like his peculiar economic views but don’t understand his anti-Triump stance–Hillary would have been better?
Unfortunately most of the repatriated money–as he points out–has gone for stock buybacks which boost the shares so that the top execs can cash out…little goes to new plant and equipment and new hiring–he also rightly  speaks of intergenerational theft which is a phenomenon that few understand because the “financialisation” of the economy has been going on for so long…Wall St HAS looted the economy with its “sophisticated” derivative instruments…the con job is very slick and subtle and I don’t have time to skin it now–but think about just one item and u will realize what I mean=namely the phenomenon of near zero interest rates that have ROBBED savers in order to support the 900 story JPM-DB-BAC-C-WFC derivatives tower…
Even the White House’s own rosy forecast acknowledges that the deficit will exceed 5 percent of the overall economy next year â a level it has previously reached only after deep recessions when unemployment topped 10 percent. Today, the economy is near full employment.
“Dallas Fed President Robert Kaplan said Tuesday he would like to see three or four more âgradualâ interest-rate hikes…the shape of the curve suggests to me we are âlateâ in the economic cycleâ
Inter-generational theft has reached a new all time level of debauchery even by Madoff standards…
re Bolshevik Revolution
Supposedly, they vowed to spread communism/socialism around the world. In fact a person I knew came to the USA from communist Romania. He was an extremely amazing smart electrician. Free education in Romania, and he left. I didn’t think that was right
He once told me its the same here in the USA, as in Romania but we don’t know it. Actually in the blatant obvious socialist/communist type countries, they get more from the gov’t than we get here.
part of a story:
“For a variety of reasonsâcompassion for the sufferings of the Soviet peoples, sympathy for the great âsocialist experiment,â but primarily for the pursuit of profitâWestern businessmen and diplomats began opening contacts with the Soviet Union.
Among these persons were Averell Harriman, Armand Hammer, and Henry Ford, who sold tractors to the Soviet Union. Such endeavors facilitated commercial ties between the Soviet Union and the United States, establishing the basis for further cooperation, dialogue, and diplomatic relations between the two countries.
This era of cooperation was never solidly established, however, and it diminished as Joseph Stalin attempted to eradicate vestiges of capitalism and to make the Soviet Union economically self-sufficient.”
Idiocracy
Migrant in Germany with 542 criminal investigations against him cannot be deported because European authorities can’t figure out where he is from
R640 – as I understand it ,
That interview with Holter , by Greg Hunter was Sinclair’s first in a couple of years .
He predicted a gold moonshot too early , and took a lot of heat .
I invested too much , too early , when I saw the antics of Helicopter Ben a decade ago , and have been slaughtered .
He will be right , eventually , and so will I if I live long enough . You cannot time a Black Swan event , but you can hear the wing-beats as it approaches .
Mr. Copper and Goldie – I will recommend two books
One , quite old is ‘A Choice , not an Echo’ by the late Phyllis Schlafly .
Topic : Basically Congress is one party under two names .
Second – ‘American Betrayal: The Secret Assault on our Nation’s Character’
Topic : the Communist worms in Washington DC and elsewhere ( for almost a hundred years ) .
Joe McCarthy wasn’t nuts . ( and neither was the lady Representative from Minnesota , Michelle B., who was mocked for raising concerns about a certain religious group from the mid-East during Obama’s tenure .)
Maya
UFO’s Back in the early 80s a few nurses brought the subject up and was told at a rehab hospital close by at the time two nurses walked outside and saw a huge UFO hovering above the hospital. They ran back in to tell others but it disappeared. It wasn’t a prank and both saw it. They weren’t going to risk their jobs on it. In that area time dementions of some sort were being seen by the nurse too. I saw it too and no not on drugs. I saw a buggy and people dressed like in the 1800 s a woman holding a umbrella waiting to board the horse drawn buggy and men in dude hats. There was a house in the background. It was a empty field and was driving. Looked back at the road and back again and it was gone. I even stopped the car and backed up thinking what was that? Around that same area another nurse saw a boy that looked like the western era running on a dirt road then disappeared.
It made me wonder if these time zones flashes have something to do with the sightings of UFOs at the time. Some kind of energy that was allowing some of us to pick it up. Perhaps you can go back in time.
Mr Copper
Those were some good books you read. Do u remember the names. They should teach them in schools. Now they’re letting communist Chinese in schools to further indoctrinate students into communism they call socialism to mask it with a we’re here to take care of you BS. The Pied Piper.