Posted by Richard640
@ 6:30 on May 8, 2021
Weekly Commentary: Generational Turning Point
There is an overarching issue I haven’t been able to get off my mind: Are we at the beginning of a new cycle or in the waning days of the previous multi-decade cycle?
But what about finance? Central bank policies now command market trading dynamics, while government-related debt dominates system Credit expansion. There is every reason to believe state-directed lending, after reaching new extremes during the pandemic, will become only more obtrusive going forward. A compelling case can be made this new age of government directed finance and spending is now driving a new inflationary cycle.
However, I certainly don’t want to dismiss end-of-cycle dynamics. “Blow-off” dynamics, after all, are proliferating. One can start with the trajectory of the Fed’s balance sheet, along with unbounded fiscal deficit spending. There are, as well, myriad indications of “Terminal Phase” speculative excess, including numerous manias, over-leverage, ETF flows, corporate bond issuance, the ARK funds, etc. The breadth and scope of such extreme behavior portend change is in the offing.
These days, markets and about everyone anticipates that historic monetary and fiscal stimulus will continue to fuel historic asset bull markets. The existing cycle is very much intact, it is believed, with New Age central banking continuing to underpin unrestrained fiscal spending. But could both monetary and fiscal authorities have pushed things too far? Could we be nearing a major adjustment, where the respective interests of an expansive government and the markets finally diverge? Could a bout of market discipline catch Washington, along with about everybody, by complete surprise? A crazy thought.
http://creditbubblebulletin.blogspot.com/2021/05/weekly-commentary-generational-turning.html
Posted by Maya
@ 0:42 on May 8, 2021
Posted by Ororeef
@ 23:24 on May 7, 2021
Posted by ipso facto
@ 16:38 on May 7, 2021
https://finance.yahoo.com/news/mcewen-mining-q1-2021-results-180000059.html
You’d think that a well established mining co could make a few bucks at $17-$1800 gold. At least their SP has been rising lately.
Posted by Maddog
@ 16:08 on May 7, 2021
Nice one….we are staying in and clipping the Divi….it is a ‘team’ decision…though one side seems to have more influence !!!!
Have a good one.
Posted by Richard640
@ 15:52 on May 7, 2021
IT’S A JIHAD to the upside–the Global Dow Index is up an unbelievable 89.12 points–that surely must be a record!!
https://www.marketwatch.com/investing/index/gdow
Posted by goldielocks
@ 15:02 on May 7, 2021
Chinese rocket debris set to hit Earth this weekend — but no one knows where
Read in NBC News: https://apple.news/ANml2OkBIR76q9eNq8k4i7g
Posted by goldielocks
@ 14:52 on May 7, 2021
Golds making a cup but stop loses should be in place, you can always get back in.
Posted by goldielocks
@ 14:48 on May 7, 2021
Gold had a double bottom in March with positive divergence so it had a way to go forward. But also has a way too go to break out of the downtrend.
Posted by redneckokie1
@ 14:16 on May 7, 2021
I bailed at $9.97 on the ET. The dividend is $.15 so I decided to take the market gain and get back in after dividend declared. It usually falls back to support after declaration.
rno
Posted by Maddog
@ 14:02 on May 7, 2021
ET fills gap….Great call tks.
I think they are going to have to shell out a lot of money to shareholders, as they have lucked into @ $ 2.4 billion from the Texas freeze
In think they have to distribute that to shareholders, due to the nature of their structure.
https://finance.yahoo.com/news/energy-transfer-expects-2-4-222735699.html
Posted by Buygold
@ 13:52 on May 7, 2021
as is AEM and RGLD.
Funny, we get early strength on good volume and then the scum starts selling in 50 shares lots to bring them down.
Such a ridiculous battle, only seen in pm’s.
Posted by Buygold
@ 13:46 on May 7, 2021
USD still getting smacked so I guess we’re lucky to be positive.
I’m just hoping we end the day positive.
Posted by Maddog
@ 12:30 on May 7, 2021
I just checked yr link and that takes me straight to the forum…but that link I posted takes u to a Blank Page….strange.
https://goldtentoasis.com/wordpress/
Posted by Maddog
@ 12:26 on May 7, 2021
Posted by Richard640
@ 12:14 on May 7, 2021
go thru the rigaromole I described to get on….it’s a minor inconvenience…thanks!
https://goldtentoasis.com/
Posted by Maddog
@ 11:53 on May 7, 2021
One doesn’t want to put too much hope on it…but it sure confirms dirty biz..but can the GoP clean up enough of the State legislators to get their own clean people in…as I gather the problem Soros has financed Dem governors, attorney generals etc in GoP states, who have ‘allowed’ the cheating and are now trying to hide it all.
The GoP were caught napping….can they now clean it all up…they have the votes…do they have the backbone..
Posted by treefrog
@ 11:38 on May 7, 2021
getting slapped around but holding above 27.25
Posted by ipso facto
@ 10:29 on May 7, 2021
“Maricopa County”
How fascinating is that story! A lot riding on an honest audit. Demos running around with their hairs on fire!
bbl
Posted by Maddog
@ 10:17 on May 7, 2021
Maricopa County may well provide some interesting insight, as to what happened on the election night…..that the Dems are crapping themselves over the Audit, is A very obvious and B so damning….
Posted by Buygold
@ 10:12 on May 7, 2021
I can only hope they get creamed in 2022. The Dems can rig the large cities like they did to Trump but they can’t rig thousands of counties.
I saw some ridiculous statistics from the 2020 election on how Biden won. I wish I had copied and pasted them. There is absolutely no way he got 84 million votes.
USD giving up the goose, silver still being pressured but at least up a little. Thought it was going to be another one of those days, but we might hold onto some gains.
Good volume in the shares again.
Posted by Maddog
@ 10:10 on May 7, 2021
Now the scum’s beloved SM is back roaring higher, new all time Hi’s S&P and Dow tks to a collapsing economy…wellcome to scumland …..everything else can trade somewhat freely……ie PM’s can rally a touch.
Posted by ipso facto
@ 9:51 on May 7, 2021
So far Biden’s policies have turned out to be even worse than I thought they’d be. The Democrats have gone full socialist and now part of their plank is to pound on all the white people in the country. I think they’ll be big losers in the 2022 elections.
Posted by ipso facto
@ 9:47 on May 7, 2021
Posted by Buygold
@ 9:47 on May 7, 2021
There does seem to be some buying interest, but the scum has their boot on the neck of silver in a big way.
If silver can fight it off and move higher we may have game on.
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