Loading ...macroman3 @ 1:02 on November 23, 2018 …… Sorry to be so tardy in responding to your post.
Just back on line…..and yes…..it would be nice to have a get-together and compare past experiences. Not as easy as it seems though since I still have animals to feed twice daily. So it would have to be at a time when you happen to be down this way. I don’t roam much beyond Penticton, especially this time of year…..maybe as far as Summerland on rare occasion….. but that’s about it.
I agree about Coalinga….except for that 1018 acre cattle ranch. It was a JEWEL found no place else on earth that I ever saw. 1018 acre beautiful level valley with fertile soil, occasional pines, and an all year creek running through the entire valley. But what made it so special and spectacular was it was surrounded by rimrock about 50 ft high and there was only one entrance/exit to that valley. Lots more to that story but it’d be crying over spilled milk and hard to tell what future turn my life would have taken if I hadn’t been cheated out of it.
On your next post….no, his name didn’t end with stein, it ended with man.
And Portugeezer @ 4:30 ….Love the humor. LOL!!! But not many people know that all of the streets in that town were numbers rather than names, i.e. 1st, 2nd, 3rd, 4th, 5th Street, etc. LOL!!! (Just for the record that’s pure Silverngold bullshit LOL)
Richard
There are a lot of different water snakes including in Wisconsin. Maybe it was a milk snake that has the same colors or for some rare reason it was a coral who knows. I remember standing in a water hole probably where those boys were heading that day they ran into the snakes and looked down and saw a snake swim right past my feet while I didn’t move till it passed. It’s a creepy feeling.
The people who take kids at that camp should be aware of what’s there.
Check this out. This poor baby iguana was born in snake city. Just insane.
One Islsnd I wouldn’t want to get stuck on other then a bounty of snake meat.
R640 – Bitcoin
Wow! From $20K to $3.8K! Looks like most of my pm stocks.
I’ll be loading the boat when Bitcoin gets to $10 and AMZN get to $50. 🙂
Big question. Will any of the fleeing cash ever start buying pm’s??
And the Messiah’s coming too=…for what I believe will be the most spectacular rally in Gold ever seen, eclipsing that in the first half of 2016.
So the big question is: why isn’t Gold rallying to a greater degree already, given such extreme positions held by both the Funds and Commercials? The influence of China on Gold since April is the primary reason, but considering this solely from a positioning perspective, I still believe we may be seeing a repeat of late 2015.
What I mean by this is that Funds were record short in July that year, when the price hit a low of 1072—its lowest price since February 2010. This was followed by a sizeable rally to 1191 in October that year, only to fall to a lower and final low in December, when the price reached 1045. Funds were holding even greater shorts at this point, a new record low. The dumb money was wrong at the worst time yet again, and Gold proceeded to have one of its biggest rallies in history over the next seven months. What if this is now playing out again?
Funds held a new record net short position on October 9, when Gold retested its closing low of 1184 in August. Then Gold rallied to 1246, as that short position was cut by 65% in two weeks, similarly to October 2015. We may need to see another record short position this time around before the final low is in place, just as in December 2015. Given the size of the short position on October 9, this would have to be a truly gargantuan level of shorts. This scenario also means lower lows for Gold prices, just as in December 2015.
This makes sense given that it sets us up for a massive rally to follow. It also marries well with the ideal scenario for a bottom based on sentiment, specifically the 21D MA, and a positively divergent lower low. Taken together with likely oversold yet positively divergent technicals, this also matches the fundamental thesis provided last week and would provide the perfect combination for what I believe will be the most spectacular rally in Gold ever seen, eclipsing that in the first half of 2016.
Ororeef–thanks for the great charts–I also think a major bottom is lurking somewhere out there in
the financial landscape…I also think now is a low risk environment/time to start building a position…
Goldi-Looking back, I know it sounds nuts but there was a snake in the lake where the campers swam
I saw it and many others did too–even the councilors were discussing it and said it looked like a coral snake…I wonder what it was?–I can still see it today in my minds eye-it was very colorful