Loading ...I know someone who has a skeleton on the back of her Motorcycle.
If Long term Treasuries have gotten Volatile, where do you turn for Stability?
Short Term Treasuries ,CASH ,GOLD ? Inflation will KILL the LONG TERM TREASURYS,and CASH whats LEFT ?
2016 EVERYTHING CHANGED ..not just Presidency
The Greenspan put – the market savior – will be mowed over like a ground squirrel beneath a tractor rotary tiller. The market carnage left in its wake will be grotesque and unrecognizable.
One fallacy that has gained popularity over the last decade is the zealot belief that the Fed disappears risk from markets. That by expanding and moderating the money supply by just the right amount, and at just the right time, markets can grow within a pleasant setting of near nonexistent volatility. Some even trust that when there is a major stock market crash, the Fed, having the courage to act, will soften the landing and quickly put things back upon a path of righteous growth.
Believers in the all-powerful controls of the Fed have a 30 year track record they can point to with conviction.
You see, the conditions that made the Greenspan put possible are the opposite of the conditions that exist today. Rates are low and are moving higher. The world is oversaturated with debt. Policies of mass money debasement have bubbled stocks and treasuries out to extremes well beyond what was honestly fathomable.
Yes, the doom and gloom of an epic stock and bond market meltdown are approaching. At the moment, Fed Chair Powell’s even determined to bring it on. We applaud his efforts.
Yet when push comes to shove, and the Fed lowers the federal funds rate, expect the unexpected to happen. The Greenspan put – the market savior – will be mowed over like a ground squirrel beneath a tractor rotary tiller. The market carnage left in its wake will be grotesque and unrecognizable.
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acting-man.com
Good news for gold, maybe: The Bond KIng [Jeff Gundlach] thinks the dollar is going down—10-14
Right now, we sort of like emerging market debt. We’re not getting involved with real trouble spots — you might succeed mightily in Argentina or Turkey — but we’re trying to do it in a lower-risk fashion.
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Emerging markets have suffered from the dollar having risen earlier this year. We believe the dollar is going to go down. The fact that the dollar is starting to fall again enforces that view. When the dollar goes down, you’re going to be better off in emerging markets.
Capt. Hook
“ETF options expiry just passed, which was why PM shares caught a bid, and month end is approaching.”
Not sure I understand what you’re saying, the shares usually selloff at Op Ex. With the exception I think of Monday where the funds covered like crazy people, the pm shares treaded water.
As far as 2000 goes, that’s the most bullish thing I’ve heard from you in awhile but there are a lot of “ifs” there. “If the Fed doesn’t raise in December it would be a surprise. I think the SM would likely have to selloff big time for them not to raise. They’ve already killed the housing market which is what they did back in 05′ and 06′. So maybe a big correction in the SM is coming.
As for me being funny, I’m very funny but looks aren’t everything… 🙂
Maya @ 5:30..I agree with your logic and thinking and have done the same with about 90% of discretionary assets……
……. but to maintain my focus and interest in PM’s and world conditions, and to keep my mind sharp(?), I chose to put the other ~10% in actual shares of actual companies and to continue charting the PM sector. At my age the money is of little importance….. but attempting to determine the price and timing of the stocks and the phyz is a game I enjoy. It’s like a giant game of chess without a board so it changes continuously as the world changes and new wars are created and freedoms are removed and we, the livestock of TPTB, are herded in one direction and then another until they have us conditioned to obey any and every thing they demand and we all willingly walk through the one marked Soylent Green..
But as I hallucinate and chart my expectations, what I currently “see” is that we HAVE bottomed for some time now, and what I expect to happen, based on cycles and history, is that the PM sector will rise to the following targets within the next 2-3 years if none of the wheels come off before that: Gold $3600, Silver $120, XAU 321, HUI 1000, and all ETF’s $0.00 LOL!!!
Wishing All The Best From Silverngold
Buygold
You can be funny when you want to be.
ETF options expiry just passed, which was why PM shares caught a bid, and month end is approaching.
Given this year could look a lot like 2000 if things continue according to script. Might be delayed a few months (because of margin debt related selling and a stronger $), but if the Fed doesn’t tighten in December and stocks turn lower on a sustained basis, the wheels will be in motion.
Cheers
Hey Aquila
I added some this week but am worried that I made a mistake. Going to see how things look next week but usually if I buy it’s a guarantee that the next move will be down hard.
I’m hoping that Rosen, Maund, etc. have read the tea leaves correctly and we’ve reached a bottom in the shares. One thing I do agree on with Rosen is that the shares have to lead the metals.
We’ll see.
silverngold @ 21:48
And THAT is exactly why I don’t buy any paper of any kind. In the total chaos that would happen in a loss of market control and skyrocketing prices, paper holders would be holding the paper bag.
“Force Majeure”
Physical in hand is all that counts when TSHTF.
Guess what time it is , kids? No, it’s not Howdy Doody Time. It’s time for another….
“GOLD EXPLOSION”
American stock investors suddenly remembered gold, aggressively buying it to diversify their bleeding stock-heavy portfolios. Once gold started moving, the gold stocks nicely leveraged its gains like usual. All this suggests speculators and investors are just starting to warm to gold and gold stocks again. That portends a sentiment mean reversion and overshoot, fueling massive new uplegs in gold and its miners’ stocks.
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No fundamentals, nothing fancy, no degrees of any kind required in order to see who’s leading who or what’s breaking out first. Just draw a few lines and “Voila” the answer will be yours.
… both the silver and gold shares have closed above their most recent peak. Could this be a sign of the resumption of the bull market in the precious metals complex?
Having started my Wall Street career in the year 1956 this truly Old Timer says, “Yes indeed.” There is nothing new about the precious metal shares moving up before the precious metals. All that is required to know that this is happening is the simplest form of technical analysis. No fundamentals, nothing fancy, no degrees of any kind required in order to see who’s leading who or what’s breaking out first. Just draw a few lines and “Voila” the answer will be yours.
XAU WEEKLY
https://www.deltasociety.com/content/ron-rosen-precious-metals-timing-letter
silverngold @ 21:48. Here’s hoping you do not
shut up, if you meant by that ‘stop posting’. Postings by the names Aguila mentioned at 23:03, plus your postings, still make this site worthwhile, even if the dominant postings these days make a very easy speed-read skip-over.
We (meaning Mrs. Equiz and me) are remaining faithful to our long-term holdings in PM juniors and with WPM as the base for our streaming company holdings. The last addition to the equity portion of our PM portfolio is a small position in Metalla (MTA). I notice that L. Roulston is now on the Metalla board of directors. Still holding the faith here and glad to hear that there is still a small number of others remaining on this forum with a similar optimistic mood.